Guangdong Mingyang ElectricLtd Future Growth
Future criteria checks 4/6
Guangdong Mingyang ElectricLtd is forecast to grow earnings and revenue by 24.2% and 23% per annum respectively. EPS is expected to grow by 24.2% per annum. Return on equity is forecast to be 17.3% in 3 years.
Key information
24.2%
Earnings growth rate
24.2%
EPS growth rate
Electrical earnings growth | 26.4% |
Revenue growth rate | 23.0% |
Future return on equity | 17.3% |
Analyst coverage | Low |
Last updated | 04 Nov 2024 |
Recent future growth updates
Recent updates
Guangdong Mingyang ElectricLtd (SZSE:301291) Has A Pretty Healthy Balance Sheet
Oct 22Impressive Earnings May Not Tell The Whole Story For Guangdong Mingyang ElectricLtd (SZSE:301291)
Sep 03Are Guangdong Mingyang Electric Co.,Ltd. (SZSE:301291) Investors Paying Above The Intrinsic Value?
Aug 24Slowing Rates Of Return At Guangdong Mingyang ElectricLtd (SZSE:301291) Leave Little Room For Excitement
Jul 27Does Guangdong Mingyang ElectricLtd (SZSE:301291) Have A Healthy Balance Sheet?
Jul 05Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 9,652 | 1,031 | N/A | 930 | 5 |
12/31/2025 | 7,981 | 831 | N/A | 816 | 5 |
12/31/2024 | 6,354 | 634 | N/A | 504 | 5 |
9/30/2024 | 5,727 | 617 | -91 | 90 | N/A |
6/30/2024 | 5,518 | 583 | -356 | -222 | N/A |
3/31/2024 | 5,276 | 544 | 172 | 263 | N/A |
12/31/2023 | 4,948 | 498 | 251 | 329 | N/A |
9/30/2023 | 4,557 | 413 | 233 | 267 | N/A |
6/30/2023 | 3,986 | 332 | 292 | 322 | N/A |
3/31/2023 | 3,559 | 296 | N/A | N/A | N/A |
1/1/2023 | 3,236 | 265 | 269 | 288 | N/A |
9/30/2022 | 2,665 | 216 | 74 | 128 | N/A |
6/30/2022 | 2,502 | 189 | 61 | 143 | N/A |
3/31/2022 | 2,074 | 141 | N/A | N/A | N/A |
12/31/2021 | 2,030 | 161 | -291 | 115 | N/A |
12/31/2020 | 1,665 | 178 | -84 | -42 | N/A |
12/31/2019 | 1,032 | -63 | 12 | 17 | N/A |
12/31/2018 | 256 | 20 | -17 | -17 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 301291's forecast earnings growth (24.2% per year) is above the savings rate (2.8%).
Earnings vs Market: 301291's earnings (24.2% per year) are forecast to grow slower than the CN market (26.1% per year).
High Growth Earnings: 301291's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 301291's revenue (23% per year) is forecast to grow faster than the CN market (13.8% per year).
High Growth Revenue: 301291's revenue (23% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 301291's Return on Equity is forecast to be low in 3 years time (17.3%).