Hangcha Group Co., Ltd

SHSE:603298 Stock Report

Market Cap: CN¥23.6b

Hangcha Group Future Growth

Future criteria checks 1/6

Hangcha Group is forecast to grow earnings and revenue by 12.8% and 13.7% per annum respectively. EPS is expected to grow by 12.9% per annum. Return on equity is forecast to be 19.8% in 3 years.

Key information

12.8%

Earnings growth rate

12.9%

EPS growth rate

Machinery earnings growth30.5%
Revenue growth rate13.7%
Future return on equity19.8%
Analyst coverage

Good

Last updated16 Dec 2024

Recent future growth updates

Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Apr 26
Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Recent updates

We Think Hangcha Group (SHSE:603298) Can Stay On Top Of Its Debt

Nov 22
We Think Hangcha Group (SHSE:603298) Can Stay On Top Of Its Debt

Return Trends At Hangcha Group (SHSE:603298) Aren't Appealing

Nov 07
Return Trends At Hangcha Group (SHSE:603298) Aren't Appealing

Lacklustre Performance Is Driving Hangcha Group Co., Ltd's (SHSE:603298) Low P/E

Sep 23
Lacklustre Performance Is Driving Hangcha Group Co., Ltd's (SHSE:603298) Low P/E

At CN¥17.20, Is Hangcha Group Co., Ltd (SHSE:603298) Worth Looking At Closely?

Sep 07
At CN¥17.20, Is Hangcha Group Co., Ltd (SHSE:603298) Worth Looking At Closely?

Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

Aug 12
Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

Returns On Capital Are Showing Encouraging Signs At Hangcha Group (SHSE:603298)

Jul 28
Returns On Capital Are Showing Encouraging Signs At Hangcha Group (SHSE:603298)

Does Hangcha Group (SHSE:603298) Have A Healthy Balance Sheet?

Jul 12
Does Hangcha Group (SHSE:603298) Have A Healthy Balance Sheet?

An Intrinsic Calculation For Hangcha Group Co., Ltd (SHSE:603298) Suggests It's 22% Undervalued

May 22
An Intrinsic Calculation For Hangcha Group Co., Ltd (SHSE:603298) Suggests It's 22% Undervalued

Is Now The Time To Look At Buying Hangcha Group Co., Ltd (SHSE:603298)?

May 09
Is Now The Time To Look At Buying Hangcha Group Co., Ltd (SHSE:603298)?

Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Apr 26
Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

Apr 14
Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

These 4 Measures Indicate That Hangcha Group (SHSE:603298) Is Using Debt Reasonably Well

Mar 27
These 4 Measures Indicate That Hangcha Group (SHSE:603298) Is Using Debt Reasonably Well

We Like These Underlying Return On Capital Trends At Hangcha Group (SHSE:603298)

Feb 29
We Like These Underlying Return On Capital Trends At Hangcha Group (SHSE:603298)

Earnings and Revenue Growth Forecasts

SHSE:603298 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202622,1872,6411,7972,43313
12/31/202519,4792,3061,5382,19215
12/31/202416,8072,0411,6681,9069
9/30/202416,4671,9959151,372N/A
6/30/202416,5801,9481,0421,562N/A
3/31/202416,5141,8101,0261,600N/A
12/31/202316,2721,7201,0271,622N/A
9/30/202315,5861,5395101,002N/A
6/30/202315,1331,310422864N/A
3/31/202314,7381,086438766N/A
12/31/202214,412987362625N/A
9/30/202214,850916111418N/A
6/30/202214,647860-17300N/A
3/31/202214,741878-538-185N/A
12/31/202114,490908-33616N/A
9/30/202114,247950-248-34N/A
6/30/202113,69593237232N/A
3/31/202112,7599061,1751,355N/A
12/31/202011,452838744914N/A
9/30/202010,3137931,0611,180N/A
6/30/20209,3647061,1801,294N/A
3/31/20208,684652530675N/A
12/31/20198,854645654915N/A
9/30/20198,732595460867N/A
6/30/20198,715579114609N/A
3/31/20198,8045715516N/A
12/31/20188,443547-215432N/A
9/30/20188,297532-188372N/A
6/30/20187,839509N/A410N/A
3/31/20187,257476N/A552N/A
12/31/20177,004475N/A529N/A
9/30/20176,618462N/A649N/A
6/30/20176,220455N/A519N/A
3/31/20175,679414N/A273N/A
12/31/20165,371403N/A380N/A
9/30/20165,012385N/A557N/A
12/31/20154,574357N/A606N/A
12/31/20145,559398N/A518N/A
12/31/20135,570304N/A366N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603298's forecast earnings growth (12.8% per year) is above the savings rate (2.8%).

Earnings vs Market: 603298's earnings (12.8% per year) are forecast to grow slower than the CN market (25.8% per year).

High Growth Earnings: 603298's earnings are forecast to grow, but not significantly.

Revenue vs Market: 603298's revenue (13.7% per year) is forecast to grow slower than the CN market (13.8% per year).

High Growth Revenue: 603298's revenue (13.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603298's Return on Equity is forecast to be low in 3 years time (19.8%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:40
End of Day Share Price 2024/12/23 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

Hangcha Group Co., Ltd is covered by 17 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Summer WangBofA Global Research
Fu YangChasing Securities
Jing ZouChina International Capital Corporation Limited