EVE Energy Future Growth

Future criteria checks 5/6

EVE Energy is forecast to grow earnings and revenue by 24.7% and 22.7% per annum respectively. EPS is expected to grow by 24.7% per annum. Return on equity is forecast to be 15% in 3 years.

Key information

24.7%

Earnings growth rate

24.7%

EPS growth rate

Electrical earnings growth	22.4%
Revenue growth rate	22.7%
Future return on equity	15.0%
Analyst coverage	Good
Last updated	23 Aug 2024

Recent future growth updates

EVE Energy Co., Ltd. Just Missed Revenue By 39%: Here's What Analysts Think Will Happen Next

Apr 26

Recent updates

EVE Energy Co., Ltd. Just Missed Revenue By 39%: Here's What Analysts Think Will Happen Next

Apr 26

EVE Energy Co., Ltd. (SZSE:300014) Analysts Are More Bearish Than They Used To Be

Apr 20

Should You Investigate EVE Energy Co., Ltd. (SZSE:300014) At CN¥36.51?

Apr 18

Returns Are Gaining Momentum At EVE Energy (SZSE:300014)

Feb 28

Earnings and Revenue Growth Forecasts

SZSE:300014 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	84,279	7,539	5,050	11,274	16
12/31/2025	69,631	6,066	4,173	10,482	19
12/31/2024	55,538	4,773	993	6,554	19
6/30/2024	47,467	4,037	1,384	5,688	N/A
3/31/2024	46,915	3,976	1,696	5,945	N/A
12/31/2023	48,784	4,050	3,673	8,676	N/A
9/30/2023	47,549	4,268	-1,071	5,337	N/A
6/30/2023	44,353	4,301	-3,743	4,351	N/A
3/31/2023	40,756	4,128	-9,840	2,987	N/A
1/1/2023	36,304	3,509	-10,975	2,860	N/A
9/30/2022	29,735	3,356	-9,780	4,346	N/A
6/30/2022	25,266	2,770	-9,605	3,338	N/A
3/31/2022	20,676	2,780	-5,219	3,059	N/A
1/1/2022	16,900	2,906	-4,407	1,863	N/A
9/30/2021	14,270	2,922	-3,522	979	N/A
6/30/2021	11,546	2,783	-1,660	1,370	N/A
3/31/2021	9,811	2,046	-1,250	790	N/A
12/31/2020	8,162	1,652	-490	1,548	N/A
9/30/2020	7,174	1,309	-1,205	1,257	N/A
6/30/2020	7,058	1,385	-1,467	1,169	N/A
3/31/2020	6,622	1,574	-1,590	1,374	N/A
12/31/2019	6,412	1,522	-1,480	1,139	N/A
9/30/2019	5,919	1,351	-399	1,161	N/A
6/30/2019	4,997	912	-249	894	N/A
3/31/2019	4,765	697	-185	642	N/A
12/31/2018	4,351	571	-371	434	N/A
9/30/2018	4,004	459	-625	224	N/A
6/30/2018	3,522	330	-948	178	N/A
3/31/2018	3,096	424	N/A	97	N/A
12/31/2017	2,982	403	N/A	81	N/A
9/30/2017	2,153	292	N/A	94	N/A
6/30/2017	2,136	271	N/A	45	N/A
3/31/2017	1,798	143	N/A	17	N/A
12/31/2016	1,614	127	N/A	47	N/A
9/30/2016	1,827	216	N/A	-64	N/A
6/30/2016	1,536	179	N/A	-25	N/A
3/31/2016	1,444	162	N/A	41	N/A
12/31/2015	1,349	151	N/A	57	N/A
9/30/2015	1,278	114	N/A	170	N/A
6/30/2015	1,339	92	N/A	106	N/A
3/31/2015	1,300	83	N/A	39	N/A
12/31/2014	1,209	83	N/A	39	N/A
9/30/2014	1,239	123	N/A	-17	N/A
6/30/2014	1,137	155	N/A	98	N/A
3/31/2014	1,087	166	N/A	224	N/A
12/31/2013	1,039	161	N/A	227	N/A
9/30/2013	908	138	N/A	195	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300014's forecast earnings growth (24.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 300014's earnings (24.7% per year) are forecast to grow faster than the CN market (21.9% per year).

High Growth Earnings: 300014's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 300014's revenue (22.7% per year) is forecast to grow faster than the CN market (13.4% per year).

High Growth Revenue: 300014's revenue (22.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 300014's Return on Equity is forecast to be low in 3 years time (15%).

EVE Energy Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 14%

EVE Energy Co., Ltd. Just Missed Revenue By 39%: Here's What Analysts Think Will Happen Next

Price target decreased by 7.6% to CN¥49.70

Price target decreased by 11% to CN¥58.10

Price target decreased by 7.3% to CN¥65.83

Price target decreased by 7.5% to CN¥74.70

Recent updates

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued

EVE Energy (SZSE:300014) Will Want To Turn Around Its Return Trends

Is EVE Energy Co., Ltd. (SZSE:300014) Trading At A 26% Discount?

EVE Energy Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024

Lacklustre Performance Is Driving EVE Energy Co., Ltd.'s (SZSE:300014) Low P/E

Investor sentiment improves as stock rises 20%

EVE Energy Co., Ltd. Implements Final Dividend for 2023, Payable on 21 May 2024

EVE Energy's (SZSE:300014) Anemic Earnings Might Be Worse Than You Think

Consensus EPS estimates fall by 14%

EVE Energy Co., Ltd. Just Missed Revenue By 39%: Here's What Analysts Think Will Happen Next

Full year 2023 earnings: EPS and revenues miss analyst expectations

EVE Energy Co., Ltd. (SZSE:300014) Analysts Are More Bearish Than They Used To Be

EVE Energy Co., Ltd., Annual General Meeting, May 10, 2024

Should You Investigate EVE Energy Co., Ltd. (SZSE:300014) At CN¥36.51?

EVE Energy Exclusive Booth for Mr. Flagship Series Products

Price target decreased by 7.6% to CN¥49.70

EVE Energy Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024

Returns Are Gaining Momentum At EVE Energy (SZSE:300014)

EVE Energy Co., Ltd. (SZSE:300014) announces an Equity Buyback for CNY 200 million worth of its shares.

Price target decreased by 11% to CN¥58.10

EVE Energy Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024

Price target decreased by 7.3% to CN¥65.83

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

EVE Energy Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023

Price target decreased by 7.5% to CN¥74.70

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

EVE Energy Co., Ltd. (SZSE:300014) announces an Equity Buyback for CNY 300 million worth of its shares.

EVE Energy Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023

EVE Energy Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 19 June 2023

EVE Energy Co., Ltd. Approves the Cash Dividend for the Year 2022

Full year 2022 earnings released: EPS: CN¥1.84 (vs CN¥1.54 in FY 2021)

Eve Energy Co., Ltd. Receives the ASPICE CL2 Certification from the German Federation of the Automotive Industry

Investor sentiment improved over the past week

EVE Energy Co., Ltd. Announces Board Appointments

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.45 in 2Q 2021)

Investor sentiment improved over the past week

EVE Energy Co., Ltd. Implements Cash Dividend for 2021, Payable on July 8, 2022

EVE Energy Co., Ltd. announced that it expects to receive CNY 8.999999968 billion in funding from Xizang Billion Holdings Co.,Ltd., and other investors

Investor sentiment improved over the past week

Price target decreased to CN¥116

Eve Energy Co., Ltd. Approves Cash Dividend for 2021

Consensus forecasts updated

Price target decreased to CN¥125

Consensus forecasts updated

EVE Energy Co., Ltd. Proposes Final Cash Dividend for 2021

High number of new directors

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

Price target increased to CN¥149

Price target increased to CN¥135

Third quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.32 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.45 (vs CN¥0.062 in 2Q 2020)

Price target increased to CN¥120

Price target increased to CN¥96.40

Eve Energy Co., Ltd Announces Final Cash Dividend for 2020, Payable on 25 May 2021

EVE Energy Co., Ltd Approves Final Dividend for 2020

Consensus EPS estimates increase to CN¥1.58

Full year 2020 earnings released: EPS CN¥0.89 (vs CN¥0.86 in FY 2019)

EVE Energy Co., Ltd to Report Fiscal Year 2020 Results on Apr 20, 2021

New 90-day high: CN¥114

Price target raised to CN¥75.12

New 90-day high: CN¥99.10

New 90-day high: CN¥70.30

EVE Energy Co., Ltd (SZSE:300014) entered into an agreement to acquire the remaining 10.11% stake in Hubei EVE Power Co., Ltd. from Jingmen High Tech Industrial Investment Co., Ltd. for approximately CNY 960 million.

New 90-day high: CN¥61.38