Zhejiang Goldensea Hi-Tech Co., Ltd

SHSE:603311 Stock Report

Market Cap: CN¥2.3b

Zhejiang Goldensea Hi-Tech Future Growth

Future criteria checks 5/6

Zhejiang Goldensea Hi-Tech is forecast to grow earnings and revenue by 31.1% and 22.1% per annum respectively. EPS is expected to grow by 30% per annum. Return on equity is forecast to be 7.7% in 3 years.

Key information

31.1%

Earnings growth rate

30.0%

EPS growth rate

Building earnings growth23.6%
Revenue growth rate22.1%
Future return on equity7.7%
Analyst coverage

Low

Last updated18 Jun 2024

Recent future growth updates

No updates

Recent updates

Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Be Hoping To Turn Its Returns On Capital Around

Dec 19
Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Be Hoping To Turn Its Returns On Capital Around

Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) P/E Is Still On The Mark Following 28% Share Price Bounce

Nov 13
Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) P/E Is Still On The Mark Following 28% Share Price Bounce

Solid Earnings May Not Tell The Whole Story For Zhejiang Goldensea Hi-Tech (SHSE:603311)

Nov 02
Solid Earnings May Not Tell The Whole Story For Zhejiang Goldensea Hi-Tech (SHSE:603311)

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

Apr 26
Zhejiang Goldensea Hi-Tech's (SHSE:603311) Soft Earnings Don't Show The Whole Picture

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

Apr 17
Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Want To Turn Around Its Return Trends

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

Mar 12
Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) 26% Price Boost Is Out Of Tune With Earnings

Earnings and Revenue Growth Forecasts

SHSE:603311 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20261,232128N/A1592
12/31/20251,007102N/A1282
12/31/202481681N/A862
9/30/20247525758116N/A
6/30/2024725451096N/A
3/31/202470848-6102N/A
12/31/2023725496115N/A
9/30/20237753381190N/A
6/30/202381570116196N/A
3/31/202379473115190N/A
12/31/20227897699175N/A
9/30/202279786695N/A
6/30/202275064-1973N/A
3/31/202276463883N/A
12/31/202175871-669N/A
9/30/2021739913585N/A
6/30/2021741954091N/A
3/31/20217259847121N/A
12/31/20206939377154N/A
9/30/20206538867142N/A
6/30/20206428252124N/A
3/31/20206648768120N/A
12/31/2019649803188N/A
9/30/201963868-672N/A
6/30/201961868495N/A
3/31/201956865-4064N/A
12/31/201856565-4569N/A
9/30/201855064-3457N/A
6/30/201853379N/A51N/A
3/31/201853578N/A34N/A
12/31/201752280N/A34N/A
9/30/201752889N/A31N/A
6/30/201752476N/A56N/A
3/31/201750474N/A75N/A
12/31/201648871N/A82N/A
9/30/201646871N/A112N/A
6/30/201643965N/A98N/A
3/31/201642957N/A69N/A
12/31/201541952N/A62N/A
9/30/201542853N/A46N/A
6/30/201543453N/A49N/A
3/31/201542153N/A56N/A
12/31/201441251N/A77N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603311's forecast earnings growth (31.1% per year) is above the savings rate (2.8%).

Earnings vs Market: 603311's earnings (31.1% per year) are forecast to grow faster than the CN market (25% per year).

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

Revenue vs Market: 603311's revenue (22.1% per year) is forecast to grow faster than the CN market (13.5% per year).

High Growth Revenue: 603311's revenue (22.1% 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 (7.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 20:01
End of Day Share Price 2025/01/07 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

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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

Zhejiang Goldensea Hi-Tech Co., Ltd is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chun XuChangjiang Securities Co. LTD.
Min JiCitic Securities Co., Ltd.
Haiyang WangMinsheng Securities Co.