UE Furniture Future Growth

Future criteria checks 2/6

UE Furniture is forecast to grow earnings and revenue by 18.7% and 18.4% per annum respectively. EPS is expected to grow by 17.7% per annum. Return on equity is forecast to be 14.3% in 3 years.

Key information

18.7%

Earnings growth rate

17.7%

EPS growth rate

Commercial Services earnings growth	26.0%
Revenue growth rate	18.4%
Future return on equity	14.3%
Analyst coverage	Low
Last updated	07 Jun 2024

Recent future growth updates

Recent updates

UE Furniture (SHSE:603600) Is Increasing Its Dividend To CN¥0.40

May 31

We Believe That UE Furniture's (SHSE:603600) Weak Earnings Are A Good Indicator Of Underlying Profitability

May 01

UE Furniture Co., Ltd. (SHSE:603600) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Apr 09

UE Furniture (SHSE:603600) Is Doing The Right Things To Multiply Its Share Price

Mar 14

Earnings and Revenue Growth Forecasts

SHSE:603600 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,176	481	N/A	495	4
12/31/2025	5,267	405	N/A	398	4
12/31/2024	4,389	332	N/A	326	4
3/31/2024	3,698	289	-77	238	N/A
12/31/2023	3,538	298	-6	324	N/A
9/30/2023	3,405	270	141	393	N/A
6/30/2023	3,381	341	414	601	N/A
3/31/2023	3,744	340	499	725	N/A
12/31/2022	4,055	335	532	739	N/A
9/30/2022	4,391	306	368	621	N/A
6/30/2022	4,465	204	127	379	N/A
3/31/2022	4,600	174	-91	187	N/A
12/31/2021	4,659	181	-196	150	N/A
9/30/2021	4,567	186	-421	76	N/A
6/30/2021	4,617	241	-489	87	N/A
3/31/2021	4,071	258	-380	166	N/A
12/31/2020	3,434	232	-287	167	N/A
9/30/2020	3,001	245	-44	190	N/A
6/30/2020	2,531	195	38	194	N/A
3/31/2020	2,349	172	47	166	N/A
12/31/2019	2,450	181	63	198	N/A
9/30/2019	2,486	173	91	272	N/A
6/30/2019	2,449	147	34	234	N/A
3/31/2019	2,453	116	-41	164	N/A
12/31/2018	2,411	104	-145	62	N/A
9/30/2018	2,233	84	-99	53	N/A
6/30/2018	2,138	82	-92	21	N/A
3/31/2018	1,974	102	-99	17	N/A
12/31/2017	1,841	100	N/A	86	N/A
9/30/2017	1,711	125	N/A	81	N/A
6/30/2017	1,598	129	N/A	110	N/A
3/31/2017	1,473	116	N/A	88	N/A
12/31/2016	1,402	120	N/A	100	N/A
9/30/2016	1,280	102	N/A	91	N/A
6/30/2016	1,177	101	N/A	115	N/A
3/31/2016	1,168	98	N/A	156	N/A
12/31/2015	1,136	91	N/A	113	N/A
9/30/2015	1,131	85	N/A	125	N/A
6/30/2015	1,090	83	N/A	82	N/A
3/31/2015	1,023	76	N/A	78	N/A
12/31/2014	960	54	N/A	63	N/A
12/31/2013	897	59	N/A	81	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603600's forecast earnings growth (18.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 603600's earnings (18.7% per year) are forecast to grow slower than the CN market (22.2% per year).

High Growth Earnings: 603600's earnings are forecast to grow, but not significantly.

Revenue vs Market: 603600's revenue (18.4% per year) is forecast to grow faster than the CN market (13.7% per year).

High Growth Revenue: 603600's revenue (18.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603600's Return on Equity is forecast to be low in 3 years time (14.3%).

UE Furniture Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.4% to CN¥14.55

Price target decreased to CN¥12.31

Price target decreased to CN¥12.03

Price target raised to CN¥23.56

Recent updates

UE Furniture (SHSE:603600) Is Increasing Its Dividend To CN¥0.40

Dividend increased to CN¥0.40

We Believe That UE Furniture's (SHSE:603600) Weak Earnings Are A Good Indicator Of Underlying Profitability

Price target increased by 8.4% to CN¥14.55

UE Furniture Co., Ltd., Annual General Meeting, May 16, 2024

First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 1Q 2023)

UE Furniture Co., Ltd. (SHSE:603600) Surges 26% Yet Its Low P/E Is No Reason For Excitement

UE Furniture Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024

UE Furniture (SHSE:603600) Is Doing The Right Things To Multiply Its Share Price

Investor sentiment deteriorates as stock falls 22%

UE Furniture Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024

Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.51 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.29 in 2Q 2022)

UE Furniture Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023

First quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 1Q 2022)

Price target decreased to CN¥12.31

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.51 (vs CN¥0.15 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.20 in 2Q 2021)

UE Furniture Co., Ltd.(XSSC:603600) dropped from S&P Global BMI Index

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to CN¥12.03

Less than half of directors are independent

Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.34 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.24 in 2Q 2020)

UE Furniture Co., Ltd. (SHSE:603600) announces an Equity Buyback for CNY 50 million worth of its shares.

Full year 2020 earnings released: EPS CN¥0.77 (vs CN¥0.60 in FY 2019)

New 90-day low: CN¥11.85

New 90-day low: CN¥12.86

New 90-day low: CN¥13.39

New 90-day low: CN¥14.90

Market bids up stock over the past week

Third quarter earnings released

UE Furniture Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

Price target raised to CN¥23.56

First half earnings released

New 90-day high - CN¥19.41

New 90-day high - CN¥16.72

UE Furniture Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020

New 90-day high - CN¥13.35

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies