Yantai Zhenghai Magnetic Material Future Growth

Future criteria checks 3/6

Yantai Zhenghai Magnetic Material is forecast to grow earnings and revenue by 21.1% and 19.7% per annum respectively. EPS is expected to grow by 20.5% per annum. Return on equity is forecast to be 9.6% in 3 years.

Key information

21.1%

Earnings growth rate

20.5%

EPS growth rate

Electrical earnings growth	26.4%
Revenue growth rate	19.7%
Future return on equity	9.6%
Analyst coverage	Low
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

There's Been No Shortage Of Growth Recently For Yantai Zhenghai Magnetic Material's (SZSE:300224) Returns On Capital

Dec 15

Subdued Growth No Barrier To Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) With Shares Advancing 26%

Nov 22

Investors Still Aren't Entirely Convinced By Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) Earnings Despite 45% Price Jump

Oct 08

Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Could Be 46% Below Their Intrinsic Value Estimate

Sep 26

Improved Earnings Required Before Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Find Their Feet

Jun 26

Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20

Apr 24

Calculating The Fair Value Of Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224)

Apr 22

We Think That There Are Some Issues For Yantai Zhenghai Magnetic Material (SZSE:300224) Beyond Its Promising Earnings

Apr 03

We Think Yantai Zhenghai Magnetic Material (SZSE:300224) Can Stay On Top Of Its Debt

Mar 19

Earnings and Revenue Growth Forecasts

SZSE:300224 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	7,783	454	N/A	561	1
12/31/2025	6,398	379	N/A	891	1
12/31/2024	5,305	325	N/A	-173	1
9/30/2024	5,056	269	484	803	N/A
6/30/2024	5,255	356	396	592	N/A
3/31/2024	5,671	408	634	880	N/A
12/31/2023	5,874	448	319	715	N/A
9/30/2023	6,389	467	-408	64	N/A
6/30/2023	6,722	439	-529	110	N/A
3/31/2023	6,630	438	-573	14	N/A
1/1/2023	6,319	404	-251	232	N/A
9/30/2022	5,526	387	-182	172	N/A
6/30/2022	4,662	357	-170	201	N/A
3/31/2022	3,813	320	-137	218	N/A
1/1/2022	3,370	265	13	356	N/A
9/30/2021	3,011	219	55	352	N/A
6/30/2021	2,592	197	121	308	N/A
3/31/2021	2,227	149	43	215	N/A
1/1/2021	1,954	133	140	286	N/A
9/30/2020	1,883	106	67	227	N/A
6/30/2020	1,812	95	125	307	N/A
3/31/2020	1,786	100	95	270	N/A
12/31/2019	1,799	93	-116	65	N/A
9/30/2019	1,773	-55	-55	100	N/A
6/30/2019	1,701	-68	-148	-8	N/A
3/31/2019	1,734	-100	-68	64	N/A
12/31/2018	1,680	-82	25	136	N/A
9/30/2018	1,612	156	-139	-5	N/A
6/30/2018	1,580	152	N/A	-11	N/A
3/31/2018	1,348	121	N/A	-81	N/A
12/31/2017	1,192	102	N/A	55	N/A
9/30/2017	1,218	82	N/A	180	N/A
6/30/2017	1,267	103	N/A	95	N/A
3/31/2017	1,402	164	N/A	62	N/A
12/31/2016	1,588	191	N/A	-52	N/A
9/30/2016	1,494	128	N/A	-85	N/A
6/30/2016	1,469	135	N/A	-71	N/A
3/31/2016	1,496	163	N/A	28	N/A
12/31/2015	1,366	158	N/A	115	N/A
9/30/2015	1,155	167	N/A	88	N/A
6/30/2015	1,035	162	N/A	147	N/A
3/31/2015	837	129	N/A	32	N/A
12/31/2014	769	113	N/A	-71	N/A
9/30/2014	717	102	N/A	-5	N/A
6/30/2014	620	95	N/A	38	N/A
3/31/2014	574	81	N/A	82	N/A
12/31/2013	548	78	N/A	68	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300224's forecast earnings growth (21.1% per year) is above the savings rate (2.8%).

Earnings vs Market: 300224's earnings (21.1% per year) are forecast to grow slower than the CN market (25.8% per year).

High Growth Earnings: 300224's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 300224's revenue (19.7% per year) is forecast to grow faster than the CN market (13.8% per year).

High Growth Revenue: 300224's revenue (19.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 300224's Return on Equity is forecast to be low in 3 years time (9.6%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 13:49
End of Day Share Price	2024/12/24 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Yantai Zhenghai Magnetic Material Co., Ltd. is covered by 11 analysts. 1 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
Jian Jun Zou	Chasing Securities
Qianming Wang	Everbright Securities Co. Ltd.
Lufa Ming	Founder Securities Co., Ltd.

Yantai Zhenghai Magnetic Material Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased to CN¥17.18

Recent updates

There's Been No Shortage Of Growth Recently For Yantai Zhenghai Magnetic Material's (SZSE:300224) Returns On Capital

Subdued Growth No Barrier To Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) With Shares Advancing 26%

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 25%

Third quarter 2024 earnings released: EPS: CN¥0.049 (vs CN¥0.16 in 3Q 2023)

Investors Still Aren't Entirely Convinced By Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) Earnings Despite 45% Price Jump

Yantai Zhenghai Magnetic Material Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024

Investor sentiment improves as stock rises 31%

Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Could Be 46% Below Their Intrinsic Value Estimate

Yantai Zhenghai Magnetic Material Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024

Improved Earnings Required Before Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Find Their Feet

Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20

Dividend of CN¥0.20 announced

Calculating The Fair Value Of Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224)

We Think That There Are Some Issues For Yantai Zhenghai Magnetic Material (SZSE:300224) Beyond Its Promising Earnings

Now 22% overvalued

Yantai Zhenghai Magnetic Material Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024

Yantai Zhenghai Magnetic Material Co., Ltd., Annual General Meeting, Apr 17, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

We Think Yantai Zhenghai Magnetic Material (SZSE:300224) Can Stay On Top Of Its Debt

Investor sentiment deteriorates as stock falls 17%

Yantai Zhenghai Magnetic Material Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024

Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) announces an Equity Buyback for CNY 10 million worth of its shares.

Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in 2Q 2022)

High number of new directors

Investor sentiment improves as stock rises 17%

Full year 2022 earnings released: EPS: CN¥0.50 (vs CN¥0.32 in FY 2021)

Price target increased to CN¥17.18

Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.08 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.094 in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.04 in 1Q 2021)

Full year 2021 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.06 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.094 (vs CN¥0.037 in 2Q 2020)

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.02 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.17 (vs CN¥0.11 in FY 2019)

Full year 2020 earnings released: EPS CN¥0.17 (vs CN¥0.11 in FY 2019)

Revenue and earnings miss expectations

Yantai Zhenghai Magnetic Material Co., Ltd. to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day high: CN¥13.95

New 90-day high: CN¥13.43

New 90-day high: CN¥11.60

New 90-day low: CN¥9.22

Yantai Zhenghai Magnetic Material Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020

Yantai Zhenghai Magnetic Material Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources