Riyue Heavy IndustryLtd Future Growth
Future criteria checks 3/6
Riyue Heavy IndustryLtd is forecast to grow earnings and revenue by 16.1% and 21.3% per annum respectively. EPS is expected to grow by 15.7% per annum. Return on equity is forecast to be 8% in 3 years.
Key information
16.1%
Earnings growth rate
15.7%
EPS growth rate
| Machinery earnings growth | 31.7% |
| Revenue growth rate | 21.3% |
| Future return on equity | 8.0% |
| Analyst coverage | Good |
| Last updated | 16 Nov 2024 |
Recent future growth updates
Recent updates
Riyue Heavy IndustryLtd's (SHSE:603218) Profits May Be Overstating Its True Earnings Potential
Nov 06
Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Share Price Is Matching Sentiment Around Its Earnings
Sep 30Sentiment Still Eluding Riyue Heavy Industry Co.,Ltd (SHSE:603218)
Jun 24Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Intrinsic Value Is Potentially 20% Below Its Share Price
Jun 08Riyue Heavy IndustryLtd's (SHSE:603218) Solid Earnings May Rest On Weak Foundations
May 06Riyue Heavy Industry Co., Ltd. (SHSE:603218) Soars 26% But It's A Story Of Risk Vs Reward
Mar 07The Returns On Capital At Riyue Heavy Industry (SHSE:603218) Don't Inspire Confidence
Mar 01Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,931 | 897 | 10 | 1,155 | 6 |
| 12/31/2025 | 6,296 | 786 | -363 | 968 | 7 |
| 12/31/2024 | 4,786 | 651 | -83 | 276 | 5 |
| 9/30/2024 | 4,310 | 635 | -779 | 587 | N/A |
| 6/30/2024 | 4,047 | 612 | -750 | 992 | N/A |
| 3/31/2024 | 4,281 | 437 | -1,196 | 657 | N/A |
| 12/31/2023 | 4,656 | 482 | -1,184 | 616 | N/A |
| 9/30/2023 | 5,069 | 527 | -1,942 | -517 | N/A |
| 6/30/2023 | 5,221 | 533 | -1,962 | -849 | N/A |
| 3/31/2023 | 4,956 | 416 | -1,682 | -486 | N/A |
| 12/31/2022 | 4,865 | 344 | -997 | 182 | N/A |
| 9/30/2022 | 4,551 | 267 | 186 | 966 | N/A |
| 6/30/2022 | 4,264 | 301 | 530 | 1,208 | N/A |
| 3/31/2022 | 4,438 | 454 | 570 | 973 | N/A |
| 12/31/2021 | 4,712 | 667 | 358 | 640 | N/A |
| 9/30/2021 | 4,864 | 848 | -240 | 80 | N/A |
| 6/30/2021 | 5,364 | 1,041 | -495 | -61 | N/A |
| 3/31/2021 | 5,533 | 1,121 | -439 | 90 | N/A |
| 12/31/2020 | 5,111 | 979 | 35 | 502 | N/A |
| 9/30/2020 | 4,778 | 862 | 433 | 1,040 | N/A |
| 6/30/2020 | 4,184 | 698 | 525 | 1,071 | N/A |
| 3/31/2020 | 3,645 | 552 | 535 | 1,045 | N/A |
| 12/31/2019 | 3,486 | 505 | 343 | 847 | N/A |
| 9/30/2019 | 3,134 | 426 | 18 | 408 | N/A |
| 6/30/2019 | 2,863 | 377 | 19 | 346 | N/A |
| 3/31/2019 | 2,575 | 315 | 11 | 261 | N/A |
| 12/31/2018 | 2,351 | 281 | -3 | 206 | N/A |
| 9/30/2018 | 2,157 | 243 | 3 | 165 | N/A |
| 6/30/2018 | 2,038 | 222 | N/A | 139 | N/A |
| 3/31/2018 | 1,949 | 219 | N/A | 154 | N/A |
| 12/31/2017 | 1,831 | 227 | N/A | 191 | N/A |
| 9/30/2017 | 1,766 | 279 | N/A | 228 | N/A |
| 6/30/2017 | 1,659 | 306 | N/A | 312 | N/A |
| 3/31/2017 | 1,610 | 335 | N/A | 326 | N/A |
| 12/31/2016 | 1,600 | 339 | N/A | 319 | N/A |
| 9/30/2016 | 1,655 | 373 | N/A | 333 | N/A |
| 12/31/2015 | 1,881 | 424 | N/A | 300 | N/A |
| 12/31/2014 | 1,445 | 243 | N/A | 241 | N/A |
| 12/31/2013 | 1,086 | 140 | N/A | -37 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603218's forecast earnings growth (16.1% per year) is above the savings rate (2.8%).
Earnings vs Market: 603218's earnings (16.1% per year) are forecast to grow slower than the CN market (26% per year).
High Growth Earnings: 603218's earnings are forecast to grow, but not significantly.
Revenue vs Market: 603218's revenue (21.3% per year) is forecast to grow faster than the CN market (13.9% per year).
High Growth Revenue: 603218's revenue (21.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603218's Return on Equity is forecast to be low in 3 years time (8%).