Riyue Heavy Industry Co.,Ltd

SHSE:603218 Stock Report

Market Cap: CN¥13.0b

Riyue Heavy IndustryLtd Future Growth

Future criteria checks 3/6

Riyue Heavy IndustryLtd is forecast to grow earnings and revenue by 15.6% and 20.7% per annum respectively. EPS is expected to grow by 15.2% per annum. Return on equity is forecast to be 8% in 3 years.

Key information

15.6%

Earnings growth rate

15.2%

EPS growth rate

Machinery earnings growth30.5%
Revenue growth rate20.7%
Future return on equity8.0%
Analyst coverage

Good

Last updated03 Dec 2024

Recent future growth updates

Recent updates

Riyue Heavy IndustryLtd (SHSE:603218) Has A Pretty Healthy Balance Sheet

Dec 11
Riyue Heavy IndustryLtd (SHSE:603218) Has A Pretty Healthy Balance Sheet

Riyue Heavy IndustryLtd's (SHSE:603218) Profits May Be Overstating Its True Earnings Potential

Nov 06
Riyue Heavy IndustryLtd's (SHSE:603218) Profits May Be Overstating Its True Earnings Potential

Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Share Price Is Matching Sentiment Around Its Earnings

Sep 30
Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Share Price Is Matching Sentiment Around Its Earnings

Sentiment Still Eluding Riyue Heavy Industry Co.,Ltd (SHSE:603218)

Jun 24
Sentiment Still Eluding Riyue Heavy Industry Co.,Ltd (SHSE:603218)

Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Intrinsic Value Is Potentially 20% Below Its Share Price

Jun 08
Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Intrinsic Value Is Potentially 20% Below Its Share Price

Riyue Heavy IndustryLtd's (SHSE:603218) Solid Earnings May Rest On Weak Foundations

May 06
Riyue Heavy IndustryLtd's (SHSE:603218) Solid Earnings May Rest On Weak Foundations

Riyue Heavy Industry Co., Ltd. (SHSE:603218) Soars 26% But It's A Story Of Risk Vs Reward

Mar 07
Riyue Heavy Industry Co., Ltd. (SHSE:603218) Soars 26% But It's A Story Of Risk Vs Reward

The Returns On Capital At Riyue Heavy Industry (SHSE:603218) Don't Inspire Confidence

Mar 01
The Returns On Capital At Riyue Heavy Industry (SHSE:603218) Don't Inspire Confidence

Earnings and Revenue Growth Forecasts

SHSE:603218 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20266,931897101,1556
12/31/20256,296786-3639687
12/31/20244,935667-832766
9/30/20244,310635-779587N/A
6/30/20244,047612-750992N/A
3/31/20244,281437-1,196657N/A
12/31/20234,656482-1,184616N/A
9/30/20235,069527-1,942-517N/A
6/30/20235,221533-1,962-849N/A
3/31/20234,956416-1,682-486N/A
12/31/20224,865344-997182N/A
9/30/20224,551267186966N/A
6/30/20224,2643015301,208N/A
3/31/20224,438454570973N/A
12/31/20214,712667358640N/A
9/30/20214,864848-24080N/A
6/30/20215,3641,041-495-61N/A
3/31/20215,5331,121-43990N/A
12/31/20205,11197935502N/A
9/30/20204,7788624331,040N/A
6/30/20204,1846985251,071N/A
3/31/20203,6455525351,045N/A
12/31/20193,486505343847N/A
9/30/20193,13442618408N/A
6/30/20192,86337719346N/A
3/31/20192,57531511261N/A
12/31/20182,351281-3206N/A
9/30/20182,1572433165N/A
6/30/20182,038222N/A139N/A
3/31/20181,949219N/A154N/A
12/31/20171,831227N/A191N/A
9/30/20171,766279N/A228N/A
6/30/20171,659306N/A312N/A
3/31/20171,610335N/A326N/A
12/31/20161,600339N/A319N/A
9/30/20161,655373N/A333N/A
12/31/20151,881424N/A300N/A
12/31/20141,445243N/A241N/A
12/31/20131,086140N/A-37N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603218's forecast earnings growth (15.6% per year) is above the savings rate (2.8%).

Earnings vs Market: 603218's earnings (15.6% per year) are forecast to grow slower than the CN market (25.7% per year).

High Growth Earnings: 603218's earnings are forecast to grow, but not significantly.

Revenue vs Market: 603218's revenue (20.7% per year) is forecast to grow faster than the CN market (13.7% per year).

High Growth Revenue: 603218's revenue (20.7% 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%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 06:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Riyue Heavy Industry Co.,Ltd is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yunji CheChina International Capital Corporation Limited
Pengwei HuaCitic Securities Co., Ltd.
Sabrina ShaoCredit Suisse