Zhengzhou Coal Mining Machinery Group Future Growth

Future criteria checks 1/6

Zhengzhou Coal Mining Machinery Group is forecast to grow earnings and revenue by 13.1% and 9.9% per annum respectively. EPS is expected to grow by 12.7% per annum. Return on equity is forecast to be 17.5% in 3 years.

Key information

13.1%

Earnings growth rate

12.7%

EPS growth rate

Machinery earnings growth	26.2%
Revenue growth rate	9.9%
Future return on equity	17.5%
Analyst coverage	Low
Last updated	31 May 2024

Recent future growth updates

Recent updates

Zhengzhou Coal Mining Machinery Group (SHSE:601717) Might Have The Makings Of A Multi-Bagger

Aug 19

Why Investors Shouldn't Be Surprised By Zhengzhou Coal Mining Machinery Group Company Limited's (SHSE:601717) Low P/E

Jul 28

Is Now The Time To Put Zhengzhou Coal Mining Machinery Group (SHSE:601717) On Your Watchlist?

Jun 24

Is Zhengzhou Coal Mining Machinery Group (SHSE:601717) A Risky Investment?

Jun 10

Are Investors Undervaluing Zhengzhou Coal Mining Machinery Group Company Limited (SHSE:601717) By 39%?

May 28

Returns Are Gaining Momentum At Zhengzhou Coal Mining Machinery Group (SHSE:601717)

May 12

Investors Don't See Light At End Of Zhengzhou Coal Mining Machinery Group Company Limited's (SHSE:601717) Tunnel

Mar 19

Earnings and Revenue Growth Forecasts

SHSE:601717 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	48,429	5,029	N/A	7,000	2
12/31/2025	44,652	4,412	N/A	5,871	3
12/31/2024	40,550	3,802	N/A	4,409	3
3/31/2024	36,850	3,533	2,652	3,753	N/A
12/31/2023	36,396	3,274	1,975	3,057	N/A
9/30/2023	35,489	3,044	1,227	2,393	N/A
6/30/2023	34,703	2,755	2,045	3,185	N/A
3/31/2023	33,140	2,640	340	1,522	N/A
12/31/2022	32,021	2,538	1,142	2,256	N/A
9/30/2022	31,072	2,314	2,238	3,255	N/A
6/30/2022	29,733	2,192	2,444	3,440	N/A
3/31/2022	29,690	2,055	2,134	3,055	N/A
12/31/2021	29,275	1,929	2,079	2,955	N/A
9/30/2021	29,237	1,603	1,488	2,375	N/A
6/30/2021	29,268	1,306	1,639	2,574	N/A
3/31/2021	28,244	1,394	1,659	2,644	N/A
12/31/2020	26,509	1,239	1,477	2,412	N/A
9/30/2020	26,059	1,194	897	1,775	N/A
6/30/2020	25,309	1,445	1,201	1,933	N/A
3/31/2020	25,309	1,064	1,766	2,616	N/A
12/31/2019	25,721	1,040	1,878	2,852	N/A
9/30/2019	25,785	1,207	1,319	2,769	N/A
6/30/2019	26,016	1,107	1,118	2,557	N/A
3/31/2019	29,861	1,057	-33	1,362	N/A
12/31/2018	26,012	832	87	1,232	N/A
9/30/2018	21,336	650	174	634	N/A
6/30/2018	17,007	577	-285	82	N/A
3/31/2018	9,195	363	592	769	N/A
12/31/2017	7,548	284	N/A	1,185	N/A
9/30/2017	6,222	253	N/A	1,039	N/A
6/30/2017	5,122	183	N/A	958	N/A
3/31/2017	3,505	117	N/A	813	N/A
12/31/2016	3,629	62	N/A	528	N/A
9/30/2016	3,716	126	N/A	433	N/A
6/30/2016	3,965	26	N/A	324	N/A
3/31/2016	4,269	22	N/A	334	N/A
12/31/2015	4,511	42	N/A	306	N/A
9/30/2015	5,055	-11	N/A	167	N/A
6/30/2015	5,256	16	N/A	442	N/A
3/31/2015	5,650	105	N/A	444	N/A
12/31/2014	6,124	205	N/A	187	N/A
9/30/2014	6,862	429	N/A	276	N/A
6/30/2014	7,460	579	N/A	79	N/A
3/31/2014	7,763	624	N/A	-345	N/A
12/31/2013	8,055	867	N/A	-532	N/A
9/30/2013	8,718	1,087	N/A	-428	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601717's forecast earnings growth (13.1% per year) is above the savings rate (2.9%).

Earnings vs Market: 601717's earnings (13.1% per year) are forecast to grow slower than the CN market (21.9% per year).

High Growth Earnings: 601717's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601717's revenue (9.9% per year) is forecast to grow slower than the CN market (13.4% per year).

High Growth Revenue: 601717's revenue (9.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 601717's Return on Equity is forecast to be low in 3 years time (17.5%).

Zhengzhou Coal Mining Machinery Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 10% to CN¥20.69

Price target decreased by 7.6% to CN¥19.40

Price target increased by 19% to CN¥21.99

Price target increased to CN¥16.00

Zhengzhou Coal Mining Machinery Group Company Limited Provides Earnings Guidance for the Year Ended December 31, 2021

Recent updates

Zhengzhou Coal Mining Machinery Group (SHSE:601717) Might Have The Makings Of A Multi-Bagger

Why Investors Shouldn't Be Surprised By Zhengzhou Coal Mining Machinery Group Company Limited's (SHSE:601717) Low P/E

Executive Chairman recently sold CN¥1.5m worth of stock

Zhengzhou Coal Mining Machinery Group Company Limited to Report First Half, 2024 Results on Aug 29, 2024

Is Now The Time To Put Zhengzhou Coal Mining Machinery Group (SHSE:601717) On Your Watchlist?

Executive Chairman recently sold CN¥1.6m worth of stock

Is Zhengzhou Coal Mining Machinery Group (SHSE:601717) A Risky Investment?

Are Investors Undervaluing Zhengzhou Coal Mining Machinery Group Company Limited (SHSE:601717) By 39%?

Zhengzhou Coal Mining Machinery Group Company Limited Proposes Final Dividend for the Financial Year Ended 31 December 2023, Payable on 15 July 2024

Zhengzhou Coal Mining Machinery Group Company Limited, Annual General Meeting, Jun 12, 2024

Returns Are Gaining Momentum At Zhengzhou Coal Mining Machinery Group (SHSE:601717)

Price target increased by 10% to CN¥20.69

First quarter 2024 earnings released

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Zhengzhou Coal Mining Machinery Group Company Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 15 July 2024

Investors Don't See Light At End Of Zhengzhou Coal Mining Machinery Group Company Limited's (SHSE:601717) Tunnel

Zhengzhou Coal Mining Machinery Group Company Limited Announces Announcement on the Progress of Appointment of Joint Company Secretary

Zhengzhou Coal Mining Machinery Group Company Limited to Report Fiscal Year 2023 Results on Mar 29, 2024

Zhengzhou Coal Mining Machinery Group Company Limited Announces Secretary to the Board of Directors and Joint Company Secretary Changes

Zhengzhou Coal Mining Machinery Group Company Limited Approves Board Appointments

GM & Executive Director exercised options to buy CN¥2.8m worth of stock.

Third quarter 2023 earnings released: EPS: CN¥0.44 (vs CN¥0.28 in 3Q 2022)

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q3, 2023 Results on Oct 31, 2023

Zhengzhou Coal Mining Machinery Group Company Limited Elects Yue Taiyu as A Non-Executive Director

Price target decreased by 7.6% to CN¥19.40

Second quarter 2023 earnings released: EPS: CN¥0.51 (vs CN¥0.45 in 2Q 2022)

Zhengzhou Coal Mining Machinery Group Company Limited Announces Resignation of Fei Guangsheng as Non-Executive Director

Zhengzhou Coal Mining Machinery Group Company Limited to Report First Half, 2023 Results on Aug 29, 2023

Zhengzhou Coal Mining Machinery Group Company Limited Announces Demise of Xiang Jiayu, the Executive Director and Vice Chairman

Price target increased by 19% to CN¥21.99

Full year 2022 earnings: EPS exceeds analyst expectations

Zhengzhou Coal Mining Machinery Group Company Limited Announces Resignation of Zhang Yonglong as Supervisor

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.21 in 3Q 2021)

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q3, 2022 Results on Oct 26, 2022

Second quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.37 in 2Q 2021)

Zhengzhou Coal Mining Machinery Group Company Limited to Report First Half, 2022 Results on Aug 30, 2022

GM & Executive Director recently sold CN¥11m worth of stock

Zhengzhou Coal Mining Machinery, Partners Plan to Buy 43.3% Stake in Luoyang LYC Bearing

Executive Chairman recently sold CN¥7.6m worth of stock

Investor sentiment improved over the past week

Vice Chairman recently sold CN¥1.8m worth of stock

Executive Chairman recently sold CN¥545k worth of stock

Zhengzhou Coal Mining Machinery Group Company Limited Approves Final Ordinary Dividend for the Year Ended December 31, 2021, Payable on 29 July 2022

Price target increased to CN¥16.00

Less than half of directors are independent

Zhengzhou Coal Mining Machinery Group Company Limited Proposes Final Cash Dividend for 2021, Payable on or Before 29 July 2022

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q1, 2022 Results on Apr 26, 2022

Zhengzhou Coal Mining Machinery Group Company Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2021, Payable on 29 July 2022

Zhengzhou Coal Mining Machinery Group Company Limited Provides Earnings Guidance for the Year Ended December 31, 2021

Zhengzhou Coal Mining Machinery Group Company Limited (SEHK:564) signed purchase agreement to acquire remaining 24.5% stake in Zhengzhou Shengji Mechanical and Electrical Equipment Company Limited from Chizhou Zhongan Zhaoshang Equity Investment LLP for approximately CNY 790 million.

Zhengzhou Coal Mining Machinery Group Company Limited to Report Fiscal Year 2020 Results on Mar 27, 2021

Zhengzhou Coal Mining Machinery Group Company Limited to Report Q3, 2020 Results on Oct 28, 2020

Zhengzhou Coal Mining Machinery Group Company Limited to Report First Half, 2020 Results on Aug 29, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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