Zhejiang Goldensea Hi-Tech Future Growth

Future criteria checks 5/6

Zhejiang Goldensea Hi-Tech is forecast to grow earnings and revenue by 34.4% and 21.4% per annum respectively. EPS is expected to grow by 33.5% per annum. Return on equity is forecast to be 7.3% in 3 years.

Key information

34.4%

Earnings growth rate

33.5%

EPS growth rate

Building earnings growth	19.2%
Revenue growth rate	21.4%
Future return on equity	7.3%
Analyst coverage	Low
Last updated	18 Jun 2024

Recent future growth updates

No updates

Recent updates

Zhejiang Goldensea Hi-Tech's (SHSE:603311) Soft Earnings Don't Show The Whole Picture

Apr 26

Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Want To Turn Around Its Return Trends

Apr 17

Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) 26% Price Boost Is Out Of Tune With Earnings

Mar 12

Earnings and Revenue Growth Forecasts

SHSE:603311 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,232	128	N/A	159	2
12/31/2025	1,007	102	N/A	128	2
12/31/2024	816	81	N/A	86	2
6/30/2024	725	45	10	96	N/A
3/31/2024	708	48	-6	102	N/A
12/31/2023	725	49	6	115	N/A
9/30/2023	775	33	81	190	N/A
6/30/2023	815	70	116	196	N/A
3/31/2023	794	73	115	190	N/A
12/31/2022	789	76	99	175	N/A
9/30/2022	797	86	6	95	N/A
6/30/2022	750	64	-19	73	N/A
3/31/2022	764	63	8	83	N/A
12/31/2021	758	71	-6	69	N/A
9/30/2021	739	91	35	85	N/A
6/30/2021	741	95	40	91	N/A
3/31/2021	725	98	47	121	N/A
12/31/2020	693	93	77	154	N/A
9/30/2020	653	88	67	142	N/A
6/30/2020	642	82	52	124	N/A
3/31/2020	664	87	68	120	N/A
12/31/2019	649	80	31	88	N/A
9/30/2019	638	68	-6	72	N/A
6/30/2019	618	68	4	95	N/A
3/31/2019	568	65	-40	64	N/A
12/31/2018	565	65	-45	69	N/A
9/30/2018	550	64	-34	57	N/A
6/30/2018	533	79	-45	51	N/A
3/31/2018	535	78	N/A	34	N/A
12/31/2017	522	80	N/A	34	N/A
9/30/2017	528	89	N/A	31	N/A
6/30/2017	524	76	N/A	56	N/A
3/31/2017	504	74	N/A	75	N/A
12/31/2016	488	71	N/A	82	N/A
9/30/2016	468	71	N/A	112	N/A
6/30/2016	439	65	N/A	98	N/A
3/31/2016	429	57	N/A	69	N/A
12/31/2015	419	52	N/A	62	N/A
9/30/2015	428	53	N/A	46	N/A
6/30/2015	434	53	N/A	49	N/A
3/31/2015	421	53	N/A	56	N/A
12/31/2014	412	51	N/A	77	N/A
12/31/2013	349	40	N/A	20	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603311's forecast earnings growth (34.4% per year) is above the savings rate (2.9%).

Earnings vs Market: 603311's earnings (34.4% per year) are forecast to grow faster than the CN market (22.9% per year).

High Growth Earnings: 603311's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603311's revenue (21.4% per year) is forecast to grow faster than the CN market (13.1% per year).

High Growth Revenue: 603311's revenue (21.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603311's Return on Equity is forecast to be low in 3 years time (7.3%).

Zhejiang Goldensea Hi-Tech Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Recent updates

Second quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.081 in 2Q 2023)

Zhejiang Goldensea Hi-Tech Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024

Investor sentiment improves as stock rises 21%

Zhejiang Goldensea Hi-Tech's (SHSE:603311) Soft Earnings Don't Show The Whole Picture

Zhejiang Goldensea Hi-Tech Co., Ltd, Annual General Meeting, Jun 07, 2024

Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.36 in FY 2022)

Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Want To Turn Around Its Return Trends

Zhejiang Goldensea Hi-Tech Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment improves as stock rises 16%

Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) 26% Price Boost Is Out Of Tune With Earnings

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 15%

Zhejiang Goldensea Hi-Tech Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.19 in 3Q 2022)

Full year 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.34 in FY 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.079 in 3Q 2021)

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 2Q 2021)

Zhuhai Hamah Industrial Co., Ltd completed the acquisition of Zhuhai Huiying Cultural Industry Development Co., Ltd from Zhejiang Goldensea Hi-Tech Co., Ltd for CNY 29 million.

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Zhejiang Goldensea Hi-Tech Co., Ltd announced that it expects to receive CNY 354.971799 million in funding

Zhejiang Goldensea Hi-Tech Co., Ltd announced that it expects to receive CNY 354.971799 million in funding

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.079 (vs CN¥0.097 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.12 in 2Q 2020)

Full year 2020 earnings released: EPS CN¥0.44 (vs CN¥0.38 in FY 2019)

New 90-day low: CN¥10.54

New 90-day low: CN¥11.10

New 90-day low: CN¥12.80

Market pulls back on stock over the past week

Third quarter earnings released

New 90-day high: CN¥16.17

First half earnings released

First half earnings released

New 90-day high - CN¥13.80

Zhejiang Goldensea Environment Technology Co.,Ltd to Report First Half, 2020 Results on Aug 28, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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