Ningbo Ronbay New Energy Technology Co.,Ltd.

SHSE:688005 Stock Report

Market Cap: CN¥15.4b

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 77.8% and 21.1% per annum respectively. EPS is expected to grow by 79.3% per annum. Return on equity is forecast to be 8.5% in 3 years.

Key information

77.8%

Earnings growth rate

79.3%

EPS growth rate

Electrical earnings growth26.5%
Revenue growth rate21.1%
Future return on equity8.5%
Analyst coverage

Good

Last updated12 Dec 2024

Recent future growth updates

Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Aug 06
Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Recent updates

Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Has A Somewhat Strained Balance Sheet

Dec 16
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Has A Somewhat Strained Balance Sheet

Even With A 25% Surge, Cautious Investors Are Not Rewarding Ningbo Ronbay New Energy Technology Co.,Ltd.'s (SHSE:688005) Performance Completely

Nov 28
Even With A 25% Surge, Cautious Investors Are Not Rewarding Ningbo Ronbay New Energy Technology Co.,Ltd.'s (SHSE:688005) Performance Completely

Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Could Be Struggling To Allocate Capital

Nov 25
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Could Be Struggling To Allocate Capital

Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 06
Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Shareholders Have More To Worry About Than Only Soft Earnings

Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Held Back By Insufficient Growth Even After Shares Climb 34%

Oct 14
Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Held Back By Insufficient Growth Even After Shares Climb 34%

Improved Revenues Required Before Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Shares Find Their Feet

Aug 26
Improved Revenues Required Before Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Shares Find Their Feet

Analysts Just Slashed Their Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) EPS Numbers

Aug 07
Analysts Just Slashed Their Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) EPS Numbers

Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Aug 06
Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Is Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) A Risky Investment?

Aug 02
Is Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) A Risky Investment?

Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Will Be Hoping To Turn Its Returns On Capital Around

Jul 15
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Will Be Hoping To Turn Its Returns On Capital Around

Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders

Apr 21
Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders

Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost

Apr 09
Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost

Does Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Have A Healthy Balance Sheet?

Mar 20
Does Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Have A Healthy Balance Sheet?

Earnings and Revenue Growth Forecasts

SHSE:688005 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202624,431925-3422,3588
12/31/202520,523669-2,0991,4699
12/31/202416,299259-2,4421,6836
9/30/202415,40681-1,386420N/A
6/30/202416,651212-1,3563N/A
3/31/202417,981233-4151,095N/A
12/31/202322,6575811581,795N/A
9/30/202329,4171,051-1,492139N/A
6/30/202331,464997-2,457-238N/A
3/31/202333,3231,372-3,176-426N/A
12/31/202230,1231,353-3,332-241N/A
9/30/202223,2881,280-3,723273N/A
6/30/202218,2201,326-2,807644N/A
3/31/202214,0331,084-2,751-68N/A
12/31/202110,259911-2,096-192N/A
9/30/20217,700648-403307N/A
6/30/20216,155480-110374N/A
3/31/20214,5363075405N/A
12/31/20203,795213393708N/A
9/30/20203,43842344567N/A
6/30/20203,47327385609N/A
3/31/20204,01583-57156N/A
12/31/20194,19087-146117N/A
9/30/20194,069217-224264N/A
6/30/20193,656214-657-31N/A
3/31/20193,286204-1,296-369N/A
12/31/20183,041213-1,367-543N/A
12/31/20171,87931N/A-638N/A
12/31/20168857N/A-63N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688005's forecast earnings growth (77.8% per year) is above the savings rate (2.8%).

Earnings vs Market: 688005's earnings (77.8% per year) are forecast to grow faster than the CN market (25.5% per year).

High Growth Earnings: 688005's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688005's revenue (21.1% per year) is forecast to grow faster than the CN market (13.8% per year).

High Growth Revenue: 688005's revenue (21.1% 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 (8.5%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 16:44
End of Day Share Price 2024/12/27 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

Ningbo Ronbay New Energy Technology Co.,Ltd. is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jun MaChangjiang Securities Co. LTD.
Shuo LiuChina International Capital Corporation Limited
Tao ZengChina International Capital Corporation Limited