Lao Feng Xiang Future Growth

Future criteria checks 2/6

Lao Feng Xiang is forecast to grow earnings and revenue by 12.7% and 11.4% per annum respectively. EPS is expected to grow by 12.7% per annum. Return on equity is forecast to be 20.5% in 3 years.

Key information

12.7%

Earnings growth rate

12.7%

EPS growth rate

Luxury earnings growth	21.4%
Revenue growth rate	11.4%
Future return on equity	20.5%
Analyst coverage	Good
Last updated	01 May 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

SHSE:600612 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	97,700	3,335	4,114	3,489	3
12/31/2025	90,334	2,884	1,997	4,697	12
12/31/2024	79,306	2,594	3,318	-661	8
3/31/2024	72,507	2,300	4,380	4,524	N/A
12/31/2023	71,436	2,214	7,063	7,212	N/A
9/30/2023	71,538	2,309	4,760	4,860	N/A
6/30/2023	69,614	2,083	3,645	3,735	N/A
3/31/2023	69,127	2,010	1,455	1,543	N/A
12/31/2022	63,010	1,700	889	964	N/A
9/30/2022	62,442	1,734	5,107	5,180	N/A
6/30/2022	60,840	1,725	5,586	5,654	N/A
3/31/2022	59,934	1,634	5,177	5,246	N/A
12/31/2021	58,691	1,876	1,935	1,990	N/A
9/30/2021	57,641	1,852	1,180	1,223	N/A
6/30/2021	56,825	1,887	654	694	N/A
3/31/2021	54,431	1,863	2,319	2,354	N/A
12/31/2020	51,722	1,586	2,311	2,348	N/A
9/30/2020	51,366	1,475	1,024	1,056	N/A
6/30/2020	48,011	1,410	738	768	N/A
3/31/2020	49,112	1,406	2,902	2,934	N/A
12/31/2019	49,629	1,408	-1,287	-1,254	N/A
9/30/2019	49,408	1,382	-1,717	-1,677	N/A
6/30/2019	46,640	1,294	772	821	N/A
3/31/2019	44,665	1,244	-1,068	-1,018	N/A
12/31/2018	43,784	1,205	-423	-371	N/A
9/30/2018	43,348	1,227	1,248	1,294	N/A
6/30/2018	42,167	1,203	1,429	1,475	N/A
3/31/2018	40,972	1,159	357	401	N/A
12/31/2017	39,810	1,136	N/A	1,248	N/A
9/30/2017	39,369	1,151	N/A	1,152	N/A
6/30/2017	37,631	1,117	N/A	833	N/A
3/31/2017	36,572	1,127	N/A	1,500	N/A
12/31/2016	34,964	1,057	N/A	-979	N/A
9/30/2016	34,851	1,120	N/A	-554	N/A
6/30/2016	34,937	1,105	N/A	-685	N/A
3/31/2016	35,025	1,068	N/A	-954	N/A
12/31/2015	35,712	1,117	N/A	957	N/A
9/30/2015	35,517	1,015	N/A	1,531	N/A
6/30/2015	35,478	1,054	N/A	1,822	N/A
3/31/2015	34,767	993	N/A	2,051	N/A
12/31/2014	32,835	940	N/A	2,579	N/A
9/30/2014	32,524	983	N/A	1,540	N/A
6/30/2014	33,167	920	N/A	1,127	N/A
3/31/2014	34,005	914	N/A	1,816	N/A
12/31/2013	32,985	890	N/A	1,522	N/A
9/30/2013	31,917	731	N/A	412	N/A
6/30/2013	30,276	689	N/A	1,348	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600612's forecast earnings growth (12.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 600612's earnings (12.7% per year) are forecast to grow slower than the CN market (24.4% per year).

High Growth Earnings: 600612's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600612's revenue (11.4% per year) is forecast to grow slower than the CN market (14.6% per year).

High Growth Revenue: 600612's revenue (11.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600612's Return on Equity is forecast to be high in 3 years time (20.5%)

Lao Feng Xiang Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 7.9% to CN¥65.14

Price target increased by 11% to CN¥50.59

Price target increased by 11% to CN¥50.59

Price target decreased to CN¥44.37

Price target decreased to CN¥52.24

Recent updates

Full year 2023 earnings: EPS and revenues miss analyst expectations

Here's Why We Think Lao Feng Xiang (SHSE:600612) Is Well Worth Watching

A Look Into Lao Feng Xiang's (SHSE:600612) Impressive Returns On Capital

Lao Feng Xiang Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment improves as stock rises 16%

Estimating The Intrinsic Value Of Lao Feng Xiang Co., Ltd. (SHSE:600612)

Full year 2023 earnings released: EPS: CN¥4.23 (vs CN¥3.25 in FY 2022)

Lao Feng Xiang Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024

Third quarter 2023 earnings released: EPS: CN¥1.32 (vs CN¥0.89 in 3Q 2022)

Lao Feng Xiang Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023

Second quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Less than half of directors are independent

Lao Feng Xiang Co., Ltd. to Report First Half, 2023 Results on Aug 28, 2023

Price target increased by 7.9% to CN¥65.14

Investor sentiment improves as stock rises 21%

Full year 2022 earnings released: EPS: CN¥3.25 (vs CN¥3.59 in FY 2021)

Price target increased by 11% to CN¥50.59

Price target increased by 11% to CN¥50.59

Full year 2022 earnings released: EPS: CN¥3.25 (vs CN¥3.59 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.89 (vs CN¥0.87 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.93 (vs CN¥0.75 in 2Q 2021)

Price target decreased to CN¥44.37

Price target decreased to CN¥52.24

First quarter 2022 earnings: EPS misses analyst expectations

Less than half of directors are independent

Full year 2021 earnings: Revenues in line with analyst expectations

Third quarter 2021 earnings released: EPS CN¥0.87 (vs CN¥0.94 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.75 (vs CN¥0.71 in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥1.24 (vs CN¥0.71 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥3.03 (vs CN¥2.69 in FY 2019)

Earnings beat expectations, revenue disappoints

New 90-day high: CN¥51.84

New 90-day low: CN¥44.53

Third quarter earnings released

New 90-day low: CN¥47.02

New 90-day low: CN¥47.10

First half earnings released

Lao Feng Xiang Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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