SolaX Power Network Technology (Zhejiang) Future Growth
Future criteria checks 5/6
SolaX Power Network Technology (Zhejiang) is forecast to grow earnings and revenue by 54.1% and 30.3% per annum respectively. EPS is expected to grow by 52.7% per annum. Return on equity is forecast to be 12% in 3 years.
Key information
54.1%
Earnings growth rate
52.7%
EPS growth rate
| Electrical earnings growth | 26.4% |
| Revenue growth rate | 30.3% |
| Future return on equity | 12.0% |
| Analyst coverage | Low |
| Last updated | 15 Nov 2024 |
Recent future growth updates
Recent updates
SolaX Power Network Technology (Zhejiang)'s (SHSE:688717) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 11
SolaX Power Network Technology (Zhejiang)'s (SHSE:688717) Problems Go Beyond Poor Profit
Apr 29Investors Give SolaX Power Network Technology (Zhejiang) Co., Ltd. (SHSE:688717) Shares A 28% Hiding
Apr 25Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 5,929 | 759 | N/A | 987 | 2 |
| 12/31/2025 | 4,539 | 509 | N/A | 658 | 3 |
| 12/31/2024 | 3,546 | 293 | N/A | 721 | 3 |
| 9/30/2024 | 2,873 | 207 | 367 | 704 | N/A |
| 6/30/2024 | 2,658 | 192 | -28 | 359 | N/A |
| 3/31/2024 | 3,185 | 595 | -72 | 264 | N/A |
| 12/31/2023 | 4,473 | 1,065 | 275 | 635 | N/A |
| 9/30/2023 | 5,923 | 1,618 | 470 | 815 | N/A |
| 12/31/2022 | 4,612 | 1,134 | 648 | 897 | N/A |
| 12/31/2021 | 833 | 63 | 48 | 109 | N/A |
| 12/31/2020 | 389 | 33 | 12 | 51 | N/A |
| 12/31/2019 | 389 | 0 | -70 | -65 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688717's forecast earnings growth (54.1% per year) is above the savings rate (2.8%).
Earnings vs Market: 688717's earnings (54.1% per year) are forecast to grow faster than the CN market (26.2% per year).
High Growth Earnings: 688717's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688717's revenue (30.3% per year) is forecast to grow faster than the CN market (13.9% per year).
High Growth Revenue: 688717's revenue (30.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688717's Return on Equity is forecast to be low in 3 years time (12%).