Ming Yang Smart Energy Group Future Growth
Future criteria checks 4/6
Ming Yang Smart Energy Group is forecast to grow earnings and revenue by 38.3% and 15.6% per annum respectively. EPS is expected to grow by 37.9% per annum. Return on equity is forecast to be 10% in 3 years.
Key information
38.3%
Earnings growth rate
37.9%
EPS growth rate
Electrical earnings growth | 22.5% |
Revenue growth rate | 15.6% |
Future return on equity | 10.0% |
Analyst coverage | Good |
Last updated | 05 Aug 2024 |
Recent future growth updates
Recent updates
Analysts Just Made A Major Revision To Their Ming Yang Smart Energy Group Limited (SHSE:601615) Revenue Forecasts
Aug 07These 4 Measures Indicate That Ming Yang Smart Energy Group (SHSE:601615) Is Using Debt In A Risky Way
Jun 07Ming Yang Smart Energy Group (SHSE:601615) May Have Issues Allocating Its Capital
Feb 29Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 46,741 | 3,366 | 56 | N/A | 4 |
12/31/2025 | 43,402 | 2,962 | -2,147 | N/A | 6 |
12/31/2024 | 37,342 | 2,217 | -4,964 | N/A | 6 |
3/31/2024 | 30,176 | 906 | N/A | N/A | N/A |
12/31/2023 | 27,859 | 372 | -10,202 | -2,592 | N/A |
9/30/2023 | 30,072 | 1,116 | -6,161 | 2,137 | N/A |
6/30/2023 | 27,099 | 1,660 | -9,360 | -1,687 | N/A |
3/31/2023 | 26,371 | 1,819 | -7,157 | 1,533 | N/A |
12/31/2022 | 30,748 | 3,445 | -8,805 | -796 | N/A |
9/30/2022 | 30,391 | 4,504 | -11,532 | -2,360 | N/A |
6/30/2022 | 30,259 | 4,515 | -6,525 | 2,817 | N/A |
3/31/2022 | 29,981 | 4,284 | -5,128 | 2,882 | N/A |
12/31/2021 | 27,216 | 3,158 | -1,990 | 5,398 | N/A |
9/30/2021 | 25,820 | 2,660 | -1,891 | 2,877 | N/A |
6/30/2021 | 25,331 | 1,934 | -3,814 | 527 | N/A |
3/31/2021 | 23,840 | 1,509 | -2,908 | 840 | N/A |
12/31/2020 | 22,457 | 1,374 | 325 | 3,631 | N/A |
9/30/2020 | 18,409 | 1,132 | 4,314 | 8,118 | N/A |
6/30/2020 | 14,799 | 909 | 6,538 | 9,287 | N/A |
3/31/2020 | 11,725 | 821 | 5,206 | 7,683 | N/A |
12/31/2019 | 10,493 | 713 | 3,415 | 5,755 | N/A |
9/30/2019 | 9,574 | 681 | -396 | 1,135 | N/A |
6/30/2019 | 8,374 | 614 | -1,523 | -13 | N/A |
3/31/2019 | 8,124 | 570 | -1,174 | 339 | N/A |
12/31/2018 | 6,902 | 426 | -1,450 | 276 | N/A |
9/30/2018 | 6,043 | 376 | -1,014 | 1,284 | N/A |
6/30/2018 | 5,433 | 514 | -424 | 1,943 | N/A |
3/31/2018 | 4,469 | 289 | -1,003 | 785 | N/A |
12/31/2017 | 5,298 | 356 | N/A | 1,305 | N/A |
12/31/2016 | 6,520 | 388 | N/A | 91 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601615's forecast earnings growth (38.3% per year) is above the savings rate (2.9%).
Earnings vs Market: 601615's earnings (38.3% per year) are forecast to grow faster than the CN market (21.9% per year).
High Growth Earnings: 601615's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 601615's revenue (15.6% per year) is forecast to grow faster than the CN market (13.4% per year).
High Growth Revenue: 601615's revenue (15.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 601615's Return on Equity is forecast to be low in 3 years time (10%).