Noblelift Intelligent EquipmentLtd Future Growth

Future criteria checks 1/6

Noblelift Intelligent EquipmentLtd is forecast to grow earnings and revenue by 18.2% and 13.1% per annum respectively. EPS is expected to grow by 18.1% per annum. Return on equity is forecast to be 17% in 3 years.

Key information

18.2%

Earnings growth rate

18.1%

EPS growth rate

Machinery earnings growth	30.2%
Revenue growth rate	13.1%
Future return on equity	17.0%
Analyst coverage	Low
Last updated	05 Nov 2024

Recent future growth updates

Recent updates

Does Noblelift Intelligent EquipmentLtd (SHSE:603611) Have A Healthy Balance Sheet?

Dec 18

Noblelift Intelligent EquipmentLtd's (SHSE:603611) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 06

Earnings Working Against Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Share Price

Sep 30

We Like These Underlying Return On Capital Trends At Noblelift Intelligent EquipmentLtd (SHSE:603611)

Jun 26

Noblelift Intelligent EquipmentLtd (SHSE:603611) Has A Pretty Healthy Balance Sheet

May 28

Noblelift Intelligent EquipmentLtd's (SHSE:603611) Solid Profits Have Weak Fundamentals

Apr 24

Are Investors Undervaluing Noblelift Intelligent Equipment Co.,Ltd. (SHSE:603611) By 36%?

Apr 03

Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Mar 04

Earnings and Revenue Growth Forecasts

SHSE:603611 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	9,320	716	N/A	1,009	1
12/31/2025	7,710	552	N/A	553	2
12/31/2024	7,116	491	N/A	715	2
9/30/2024	6,772	461	-439	95	N/A
6/30/2024	7,084	476	-324	105	N/A
3/31/2024	7,025	469	24	361	N/A
12/31/2023	6,963	458	-226	100	N/A
9/30/2023	7,360	470	430	535	N/A
6/30/2023	6,914	427	244	379	N/A
3/31/2023	6,731	434	281	383	N/A
12/31/2022	6,702	402	397	520	N/A
9/30/2022	6,302	356	310	465	N/A
6/30/2022	6,222	326	323	473	N/A
3/31/2022	6,192	306	-131	35	N/A
12/31/2021	5,887	300	90	232	N/A
9/30/2021	5,440	280	-181	-106	N/A
6/30/2021	4,955	282	-87	-17	N/A
3/31/2021	4,389	244	184	265	N/A
12/31/2020	4,077	242	192	267	N/A
9/30/2020	3,921	253	324	420	N/A
6/30/2020	3,733	259	276	380	N/A
3/31/2020	3,519	252	276	357	N/A
12/31/2019	3,087	242	277	371	N/A
9/30/2019	2,804	221	325	436	N/A
6/30/2019	2,636	208	248	336	N/A
3/31/2019	2,627	205	213	323	N/A
12/31/2018	2,553	188	191	294	N/A
9/30/2018	2,415	195	-82	18	N/A
6/30/2018	2,321	192	N/A	104	N/A
3/31/2018	2,215	165	N/A	29	N/A
12/31/2017	2,120	160	N/A	83	N/A
9/30/2017	1,849	144	N/A	151	N/A
6/30/2017	1,684	146	N/A	101	N/A
3/31/2017	1,468	149	N/A	114	N/A
12/31/2016	1,310	145	N/A	145	N/A
9/30/2016	1,299	150	N/A	174	N/A
6/30/2016	1,219	126	N/A	168	N/A
3/31/2016	1,181	118	N/A	179	N/A
12/31/2015	1,149	107	N/A	146	N/A
9/30/2015	1,126	98	N/A	111	N/A
6/30/2015	1,161	89	N/A	71	N/A
3/31/2015	1,195	91	N/A	105	N/A
12/31/2014	1,206	82	N/A	153	N/A
9/30/2014	1,220	90	N/A	215	N/A
12/31/2013	1,121	86	N/A	61	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603611's forecast earnings growth (18.2% per year) is above the savings rate (2.8%).

Earnings vs Market: 603611's earnings (18.2% per year) are forecast to grow slower than the CN market (25.5% per year).

High Growth Earnings: 603611's earnings are forecast to grow, but not significantly.

Revenue vs Market: 603611's revenue (13.1% per year) is forecast to grow slower than the CN market (13.7% per year).

High Growth Revenue: 603611's revenue (13.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603611's Return on Equity is forecast to be low in 3 years time (17%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 06:45
End of Day Share Price	2024/12/25 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Noblelift Intelligent Equipment Co.,Ltd. is covered by 10 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.

Analyst	Institution
Bo Hua Wu	Changjiang Securities Co. LTD.
Hongwei Huang	Chasing Securities
Xianfan Chen	China International Capital Corporation Limited

Noblelift Intelligent EquipmentLtd Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 15%

Price target increased to CN¥20.25

Price target decreased to CN¥18.58

Price target decreased to CN¥21.36

Price target decreased to CN¥16.42

Recent updates

Does Noblelift Intelligent EquipmentLtd (SHSE:603611) Have A Healthy Balance Sheet?

Investor sentiment improves as stock rises 22%

Noblelift Intelligent EquipmentLtd's (SHSE:603611) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Third quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.53 in 3Q 2023)

Now 23% overvalued after recent price rise

Now 22% overvalued after recent price rise

Noblelift Intelligent Equipment Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 20%

Earnings Working Against Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Share Price

Now 20% overvalued after recent price rise

Consensus revenue estimates fall by 15%

Second quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.45 in 2Q 2023)

Now 21% overvalued

Now 21% overvalued

Noblelift Intelligent Equipment Co.,Ltd. to Report First Half, 2024 Results on Aug 22, 2024

We Like These Underlying Return On Capital Trends At Noblelift Intelligent EquipmentLtd (SHSE:603611)

Noblelift Intelligent EquipmentLtd (SHSE:603611) Has A Pretty Healthy Balance Sheet

Dividend increased to CN¥0.62

First quarter 2024 earnings released: EPS: CN¥0.45 (vs CN¥0.41 in 1Q 2023)

Noblelift Intelligent EquipmentLtd's (SHSE:603611) Solid Profits Have Weak Fundamentals

Full year 2023 earnings: EPS and revenues miss analyst expectations

Noblelift Intelligent Equipment Co.,Ltd., Annual General Meeting, May 13, 2024

Investor sentiment improves as stock rises 19%

Are Investors Undervaluing Noblelift Intelligent Equipment Co.,Ltd. (SHSE:603611) By 36%?

Noblelift Intelligent Equipment Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Investor sentiment deteriorates as stock falls 19%

Noblelift Intelligent Equipment Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 18, 2024

Third quarter 2023 earnings released: EPS: CN¥0.53 (vs CN¥0.37 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.48 in 2Q 2022)

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment improves as stock rises 20%

Insufficient new directors

Third quarter 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.24 in 3Q 2021)

Investor sentiment improved over the past week

Price target increased to CN¥20.25

Second quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.39 in 2Q 2021)

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to CN¥18.58

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Price target decreased to CN¥21.36

Third quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.26 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.27 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.25 in 1Q 2020)

Price target decreased to CN¥16.42

Full year 2020 earnings released: EPS CN¥0.91 (vs CN¥0.93 in FY 2019)

New 90-day low: CN¥12.90

New 90-day low: CN¥13.70

New 90-day low: CN¥16.52

New 90-day low: CN¥16.80

Third quarter earnings released

New 90-day low: CN¥18.61

Wang Cheng, Rao Benxiao, Wu Yaqiang and Zhou Yang acquired 31% stake in Zhejiang Noblelift Garage Equipment Manufacturing Co., Ltd. from Zhejiang Noblelift Equipment Joint Stock Co., Ltd. (SHSE:603611)

New 90-day low - CN¥20.34

First half earnings released

New 90-day high - CN¥24.75

Noblelift Intelligent Equipment 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

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake