Wetown Electric Group Co., Ltd.

SHSE:688226 Stock Report

Market Cap: CN¥3.9b

Wetown Electric Group Future Growth

Future criteria checks 6/6

Wetown Electric Group is forecast to grow earnings and revenue by 41.6% and 33% per annum respectively. EPS is expected to grow by 41.4% per annum. Return on equity is forecast to be 22.5% in 3 years.

Key information

41.6%

Earnings growth rate

41.4%

EPS growth rate

Electrical earnings growth26.5%
Revenue growth rate33.0%
Future return on equity22.5%
Analyst coverage

Low

Last updated30 Oct 2024

Recent future growth updates

No updates

Recent updates

Even With A 32% Surge, Cautious Investors Are Not Rewarding Wetown Electric Group Co., Ltd.'s (SHSE:688226) Performance Completely

Dec 16
Even With A 32% Surge, Cautious Investors Are Not Rewarding Wetown Electric Group Co., Ltd.'s (SHSE:688226) Performance Completely

We Think That There Are Some Issues For Wetown Electric Group (SHSE:688226) Beyond Its Promising Earnings

Nov 04
We Think That There Are Some Issues For Wetown Electric Group (SHSE:688226) Beyond Its Promising Earnings

Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Not Telling The Full Story

Sep 30
Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Not Telling The Full Story

Investors Give Wetown Electric Group Co., Ltd. (SHSE:688226) Shares A 28% Hiding

Jun 27
Investors Give Wetown Electric Group Co., Ltd. (SHSE:688226) Shares A 28% Hiding

Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Leap 32% Yet They're Still Not Telling The Full Story

May 13
Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Leap 32% Yet They're Still Not Telling The Full Story

Wetown Electric Group (SHSE:688226) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

May 03
Wetown Electric Group (SHSE:688226) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Leap 27% Yet They're Still Not Telling The Full Story

Mar 11
Wetown Electric Group Co., Ltd.'s (SHSE:688226) Shares Leap 27% Yet They're Still Not Telling The Full Story

Earnings and Revenue Growth Forecasts

SHSE:688226 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20267,486369N/A-1782
12/31/20255,893260N/A102
12/31/20244,080172N/A-4312
9/30/20243,585145-409-47N/A
6/30/20243,666161-558-204N/A
3/31/20243,212142-691-345N/A
12/31/20232,848120-573-219N/A
9/30/20232,521104-623-313N/A
6/30/20231,93476-383-152N/A
3/31/20231,73868-214-51N/A
12/31/20221,63670-180-77N/A
9/30/20221,45766-62-35N/A
6/30/20221,43362-129-113N/A
3/31/20221,31860-64-52N/A
12/31/20211,25460-84N/A
9/30/20211,24364-71-56N/A
6/30/20211,17668-116-98N/A
3/31/20211,04957-98-77N/A
12/31/202094847-57-34N/A
12/31/2019908556383N/A
12/31/201893551-79-61N/A
6/30/201765641N/A7N/A
3/31/201764544N/A25N/A
12/31/201663447N/A43N/A
9/30/201665946N/A39N/A
6/30/201668048N/A34N/A
3/31/201666849N/A16N/A
12/31/201565549N/A-3N/A
12/31/201463243N/A62N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688226's forecast earnings growth (41.6% per year) is above the savings rate (2.8%).

Earnings vs Market: 688226's earnings (41.6% per year) are forecast to grow faster than the CN market (25.8% per year).

High Growth Earnings: 688226's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688226's revenue (33% per year) is forecast to grow faster than the CN market (13.8% per year).

High Growth Revenue: 688226's revenue (33% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 688226's Return on Equity is forecast to be high in 3 years time (22.5%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:38
End of Day Share Price 2024/12/23 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

Wetown Electric Group Co., Ltd. is covered by 2 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
Yongkang DengMinsheng Securities Co.
Xiaoya SunTianfeng Securities Brokerage Co., Ltd