Jiangsu Rainbow Heavy Industries Future Growth
Future criteria checks 5/6
Jiangsu Rainbow Heavy Industries is forecast to grow earnings and revenue by 48.4% and 20.5% per annum respectively. EPS is expected to grow by 48.2% per annum. Return on equity is forecast to be 9.9% in 3 years.
Key information
48.4%
Earnings growth rate
48.2%
EPS growth rate
| Machinery earnings growth | 30.3% |
| Revenue growth rate | 20.5% |
| Future return on equity | 9.9% |
| Analyst coverage | Low |
| Last updated | 09 Dec 2024 |
Recent future growth updates
No updates
Recent updates
Jiangsu Rainbow Heavy Industries' (SZSE:002483) Soft Earnings Don't Show The Whole Picture
Nov 06
Jiangsu Rainbow Heavy Industries (SZSE:002483) Has A Rock Solid Balance Sheet
Sep 30What You Can Learn From Jiangsu Rainbow Heavy Industries Co., Ltd.'s (SZSE:002483) P/E
Jun 09Jiangsu Rainbow Heavy Industries' (SZSE:002483) Earnings Seem To Be Promising
Apr 08Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 11,877 | 572 | N/A | 1,381 | 2 |
| 12/31/2025 | 10,289 | 462 | N/A | 1,095 | 2 |
| 12/31/2024 | 8,506 | 351 | N/A | 1,385 | 1 |
| 9/30/2024 | 7,365 | 93 | -405 | -290 | N/A |
| 6/30/2024 | 7,297 | 71 | -426 | -270 | N/A |
| 3/31/2024 | 7,436 | 76 | -1,029 | -862 | N/A |
| 12/31/2023 | 7,183 | 55 | 845 | 974 | N/A |
| 9/30/2023 | 7,221 | 102 | 1,397 | 1,520 | N/A |
| 6/30/2023 | 6,529 | 89 | 1,313 | 1,423 | N/A |
| 3/31/2023 | 5,434 | 46 | 2,937 | 3,030 | N/A |
| 1/1/2023 | 5,174 | 53 | 1,705 | 1,817 | N/A |
| 9/30/2022 | 3,880 | 253 | 2,051 | 2,183 | N/A |
| 6/30/2022 | 3,638 | 268 | 1,991 | 2,130 | N/A |
| 3/31/2022 | 3,877 | 305 | 438 | 642 | N/A |
| 1/1/2022 | 3,847 | 349 | 127 | 327 | N/A |
| 9/30/2021 | 3,736 | 376 | -173 | 34 | N/A |
| 6/30/2021 | 3,897 | 388 | -53 | 181 | N/A |
| 3/31/2021 | 3,975 | 338 | 9 | 235 | N/A |
| 12/31/2020 | 3,615 | 256 | 76 | 304 | N/A |
| 9/30/2020 | 3,855 | 227 | -7 | 187 | N/A |
| 6/30/2020 | 3,168 | 168 | 161 | 281 | N/A |
| 3/31/2020 | 2,468 | 127 | 16 | 84 | N/A |
| 12/31/2019 | 2,314 | 140 | 288 | 340 | N/A |
| 9/30/2019 | 1,709 | 58 | 513 | 562 | N/A |
| 6/30/2019 | 1,757 | 78 | 325 | 380 | N/A |
| 3/31/2019 | 1,894 | 62 | 265 | 351 | N/A |
| 12/31/2018 | 1,961 | 65 | -52 | 35 | N/A |
| 9/30/2018 | 1,774 | 75 | -226 | -135 | N/A |
| 6/30/2018 | 1,962 | 65 | N/A | -34 | N/A |
| 3/31/2018 | 1,830 | 93 | N/A | -4 | N/A |
| 12/31/2017 | 1,843 | 85 | N/A | 31 | N/A |
| 9/30/2017 | 2,215 | 81 | N/A | 31 | N/A |
| 6/30/2017 | 2,110 | 70 | N/A | 314 | N/A |
| 3/31/2017 | 2,574 | 82 | N/A | 292 | N/A |
| 12/31/2016 | 2,824 | 84 | N/A | 236 | N/A |
| 9/30/2016 | 2,568 | -395 | N/A | 246 | N/A |
| 6/30/2016 | 2,436 | -421 | N/A | 42 | N/A |
| 3/31/2016 | 2,119 | -453 | N/A | -10 | N/A |
| 12/31/2015 | 1,908 | -460 | N/A | 41 | N/A |
| 9/30/2015 | 2,282 | 27 | N/A | -77 | N/A |
| 6/30/2015 | 2,339 | 69 | N/A | -329 | N/A |
| 3/31/2015 | 2,391 | 91 | N/A | -209 | N/A |
| 12/31/2014 | 2,212 | 103 | N/A | -268 | N/A |
| 9/30/2014 | 2,236 | 95 | N/A | -180 | N/A |
| 6/30/2014 | 2,302 | 81 | N/A | -29 | N/A |
| 3/31/2014 | 2,239 | 103 | N/A | 65 | N/A |
| 12/31/2013 | 2,299 | 101 | N/A | 118 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002483's forecast earnings growth (48.4% per year) is above the savings rate (2.8%).
Earnings vs Market: 002483's earnings (48.4% per year) are forecast to grow faster than the CN market (25.5% per year).
High Growth Earnings: 002483's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002483's revenue (20.5% per year) is forecast to grow faster than the CN market (13.8% per year).
High Growth Revenue: 002483's revenue (20.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002483's Return on Equity is forecast to be low in 3 years time (9.9%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 14:53 |
| End of Day Share Price | 2024/12/27 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Jiangsu Rainbow Heavy Industries Co., Ltd. is covered by 7 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 |
|---|---|
| Guang Bo Wan | Changjiang Securities Co. LTD. |
| Jie Wu | Haitong International Research Limited |
| Kang Shi | Industrial Securities Co. Ltd. |