Zhejiang Changsheng Sliding Bearings Future Growth
Future criteria checks 3/6
Zhejiang Changsheng Sliding Bearings is forecast to grow earnings and revenue by 19.8% and 21.6% per annum respectively. EPS is expected to grow by 19.9% per annum. Return on equity is forecast to be 19.9% in 3 years.
Key information
19.8%
Earnings growth rate
19.9%
EPS growth rate
| Machinery earnings growth | 30.3% |
| Revenue growth rate | 21.6% |
| Future return on equity | 19.9% |
| Analyst coverage | Low |
| Last updated | 01 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Improved Earnings Required Before Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Stock's 25% Jump Looks Justified
Dec 24
Returns On Capital Are Showing Encouraging Signs At Zhejiang Changsheng Sliding Bearings (SZSE:300718)
Dec 18Zhejiang Changsheng Sliding Bearings (SZSE:300718) Could Easily Take On More Debt
Nov 28Zhejiang Changsheng Sliding Bearings Co., Ltd.'s (SZSE:300718) Shares Leap 40% Yet They're Still Not Telling The Full Story
Oct 08Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Held Back By Insufficient Growth Even After Shares Climb 31%
Aug 21Does Zhejiang Changsheng Sliding Bearings (SZSE:300718) Have A Healthy Balance Sheet?
May 21Market Might Still Lack Some Conviction On Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Even After 28% Share Price Boost
Mar 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1,850 | 367 | N/A | 330 | 1 |
| 12/31/2025 | 1,484 | 302 | N/A | 283 | 2 |
| 12/31/2024 | 1,234 | 253 | N/A | 221 | 2 |
| 9/30/2024 | 1,121 | 233 | 213 | 260 | N/A |
| 6/30/2024 | 1,127 | 239 | 219 | 290 | N/A |
| 3/31/2024 | 1,123 | 243 | 198 | 267 | N/A |
| 12/31/2023 | 1,105 | 242 | 190 | 274 | N/A |
| 9/30/2023 | 1,089 | 150 | 179 | 276 | N/A |
| 6/30/2023 | 1,077 | 143 | 210 | 286 | N/A |
| 3/31/2023 | 1,069 | 123 | 176 | 255 | N/A |
| 1/1/2023 | 1,071 | 102 | 77 | 159 | N/A |
| 9/30/2022 | 1,059 | 165 | 37 | 109 | N/A |
| 6/30/2022 | 1,015 | 141 | -17 | 67 | N/A |
| 3/31/2022 | 1,024 | 144 | -54 | 36 | N/A |
| 1/1/2022 | 985 | 155 | 2 | 81 | N/A |
| 9/30/2021 | 940 | 164 | 11 | 88 | N/A |
| 6/30/2021 | 877 | 178 | -4 | 89 | N/A |
| 3/31/2021 | 746 | 160 | -21 | 82 | N/A |
| 12/31/2020 | 655 | 145 | -1 | 103 | N/A |
| 9/30/2020 | 597 | 141 | -6 | 104 | N/A |
| 6/30/2020 | 571 | 129 | 32 | 125 | N/A |
| 3/31/2020 | 571 | 125 | 79 | 157 | N/A |
| 12/31/2019 | 601 | 128 | 96 | 181 | N/A |
| 9/30/2019 | 608 | 131 | 84 | 192 | N/A |
| 6/30/2019 | 629 | 135 | 43 | 167 | N/A |
| 3/31/2019 | 661 | 149 | 16 | 158 | N/A |
| 12/31/2018 | 663 | 147 | -8 | 133 | N/A |
| 9/30/2018 | 650 | 131 | -6 | 119 | N/A |
| 6/30/2018 | 640 | 128 | N/A | 97 | N/A |
| 3/31/2018 | 608 | 125 | N/A | 105 | N/A |
| 12/31/2017 | 567 | 121 | N/A | 102 | N/A |
| 9/30/2017 | 527 | 119 | N/A | 101 | N/A |
| 6/30/2017 | 476 | 107 | N/A | 102 | N/A |
| 3/31/2017 | 426 | 87 | N/A | 87 | N/A |
| 12/31/2016 | 404 | 81 | N/A | 112 | N/A |
| 12/31/2015 | 373 | 89 | N/A | 91 | N/A |
| 12/31/2014 | 402 | 84 | N/A | 90 | N/A |
| 12/31/2013 | 373 | 77 | N/A | 80 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 300718's forecast earnings growth (19.8% per year) is above the savings rate (2.8%).
Earnings vs Market: 300718's earnings (19.8% per year) are forecast to grow slower than the CN market (25.5% per year).
High Growth Earnings: 300718's earnings are forecast to grow, but not significantly.
Revenue vs Market: 300718's revenue (21.6% per year) is forecast to grow faster than the CN market (13.7% per year).
High Growth Revenue: 300718's revenue (21.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 300718's Return on Equity is forecast to be low in 3 years time (19.9%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 11:46 |
| End of Day Share Price | 2024/12/25 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| 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.
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Analyst Sources
Zhejiang Changsheng Sliding Bearings Co., Ltd. is covered by 4 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 |
|---|---|
| Weizhi Yuan | Chasing Securities |
| Jian Ding | China International Capital Corporation Limited |
| Lujing Li | Tianfeng Securities Brokerage Co., Ltd |