Ningbo Ronbay New Energy TechnologyLtd Future Growth
Future criteria checks 5/6
Ningbo Ronbay New Energy TechnologyLtd is forecast to grow earnings and revenue by 68% and 21% per annum respectively. EPS is expected to grow by 78% per annum. Return on equity is forecast to be 8.7% in 3 years.
Key information
68.0%
Earnings growth rate
78.0%
EPS growth rate
| Electrical earnings growth | 26.5% |
| Revenue growth rate | 21.0% |
| Future return on equity | 8.7% |
| Analyst coverage | Good |
| Last updated | 01 Nov 2024 |
Recent future growth updates
Recent updates
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Could Be Struggling To Allocate Capital
Nov 25
Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 06Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Held Back By Insufficient Growth Even After Shares Climb 34%
Oct 14Improved Revenues Required Before Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Shares Find Their Feet
Aug 26Analysts Just Slashed Their Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) EPS Numbers
Aug 07Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Aug 06Is Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) A Risky Investment?
Aug 02Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Will Be Hoping To Turn Its Returns On Capital Around
Jul 15Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders
Apr 21Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost
Apr 09Does Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Have A Healthy Balance Sheet?
Mar 20Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 24,331 | 925 | -342 | 2,358 | 7 |
| 12/31/2025 | 20,601 | 669 | -2,099 | 1,469 | 8 |
| 12/31/2024 | 16,049 | 368 | -2,442 | 1,683 | 2 |
| 9/30/2024 | 15,406 | 81 | -1,386 | 420 | N/A |
| 6/30/2024 | 16,651 | 212 | -1,356 | 3 | N/A |
| 3/31/2024 | 17,981 | 233 | -415 | 1,095 | N/A |
| 12/31/2023 | 22,657 | 581 | 158 | 1,795 | N/A |
| 9/30/2023 | 29,417 | 1,051 | -1,492 | 139 | N/A |
| 6/30/2023 | 31,464 | 997 | -2,457 | -238 | N/A |
| 3/31/2023 | 33,323 | 1,372 | -3,176 | -426 | N/A |
| 12/31/2022 | 30,123 | 1,353 | -3,332 | -241 | N/A |
| 9/30/2022 | 23,288 | 1,280 | -3,723 | 273 | N/A |
| 6/30/2022 | 18,220 | 1,326 | -2,807 | 644 | N/A |
| 3/31/2022 | 14,033 | 1,084 | -2,751 | -68 | N/A |
| 12/31/2021 | 10,259 | 911 | -2,096 | -192 | N/A |
| 9/30/2021 | 7,700 | 648 | -403 | 307 | N/A |
| 6/30/2021 | 6,155 | 480 | -110 | 374 | N/A |
| 3/31/2021 | 4,536 | 307 | 5 | 405 | N/A |
| 12/31/2020 | 3,795 | 213 | 393 | 708 | N/A |
| 9/30/2020 | 3,438 | 42 | 344 | 567 | N/A |
| 6/30/2020 | 3,473 | 27 | 385 | 609 | N/A |
| 3/31/2020 | 4,015 | 83 | -57 | 156 | N/A |
| 12/31/2019 | 4,190 | 87 | -146 | 117 | N/A |
| 9/30/2019 | 4,069 | 217 | -224 | 264 | N/A |
| 6/30/2019 | 3,656 | 214 | -657 | -31 | N/A |
| 3/31/2019 | 3,286 | 204 | -1,296 | -369 | N/A |
| 12/31/2018 | 3,041 | 213 | -1,367 | -543 | N/A |
| 12/31/2017 | 1,879 | 31 | N/A | -638 | N/A |
| 12/31/2016 | 885 | 7 | N/A | -63 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688005's forecast earnings growth (68% per year) is above the savings rate (2.8%).
Earnings vs Market: 688005's earnings (68% per year) are forecast to grow faster than the CN market (26.3% per year).
High Growth Earnings: 688005's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688005's revenue (21% per year) is forecast to grow faster than the CN market (13.9% per year).
High Growth Revenue: 688005's revenue (21% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688005's Return on Equity is forecast to be low in 3 years time (8.7%).