Guangdong Mingyang ElectricLtd Future Growth
Future criteria checks 5/6
Guangdong Mingyang ElectricLtd is forecast to grow earnings and revenue by 24.2% and 24.4% per annum respectively. EPS is expected to grow by 22% per annum. Return on equity is forecast to be 16.5% in 3 years.
Key information
24.2%
Earnings growth rate
22.0%
EPS growth rate
| Electrical earnings growth | 22.4% |
| Revenue growth rate | 24.4% |
| Future return on equity | 16.5% |
| Analyst coverage | Low |
| Last updated | 10 Aug 2024 |
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 10,400 | 1,048 | N/A | 848 | 4 |
| 12/31/2025 | 8,243 | 831 | N/A | 721 | 5 |
| 12/31/2024 | 6,462 | 632 | N/A | 461 | 5 |
| 3/31/2024 | 5,276 | 544 | 172 | 263 | N/A |
| 12/31/2023 | 4,948 | 498 | 251 | 329 | N/A |
| 9/30/2023 | 4,548 | 415 | 237 | 271 | N/A |
| 6/30/2023 | 3,982 | 333 | 294 | 323 | 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 (2.9%).
Earnings vs Market: 301291's earnings (24.2% per year) are forecast to grow faster than the CN market (21.9% per year).
High Growth Earnings: 301291's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 301291's revenue (24.4% per year) is forecast to grow faster than the CN market (13.4% per year).
High Growth Revenue: 301291's revenue (24.4% 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 (16.5%).