Kingclean ElectricLtd Future Growth

Future criteria checks 1/6

Kingclean ElectricLtd is forecast to grow earnings and revenue by 11.5% and 12.1% per annum respectively. EPS is expected to grow by 11.4% per annum. Return on equity is forecast to be 19.8% in 3 years.

Key information

11.5%

Earnings growth rate

11.4%

EPS growth rate

Consumer Durables earnings growth	12.3%
Revenue growth rate	12.1%
Future return on equity	19.8%
Analyst coverage	Low
Last updated	20 Jun 2024

Recent future growth updates

Recent updates

Kingclean ElectricLtd (SHSE:603355) Has More To Do To Multiply In Value Going Forward

Jun 07

We Think Kingclean ElectricLtd (SHSE:603355) Can Manage Its Debt With Ease

May 22

We Think That There Are Issues Underlying Kingclean ElectricLtd's (SHSE:603355) Earnings

May 07

Kingclean Electric Co.,Ltd's (SHSE:603355) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Mar 06

Earnings and Revenue Growth Forecasts

SHSE:603355 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	12,738	1,629	N/A	2,630	2
12/31/2025	11,118	1,323	N/A	1,278	3
12/31/2024	10,060	1,179	N/A	1,575	3
3/31/2024	9,034	1,189	549	962	N/A
12/31/2023	8,792	1,117	467	840	N/A
9/30/2023	9,228	1,019	203	571	N/A
6/30/2023	9,320	1,137	502	877	N/A
3/31/2023	9,657	1,019	617	990	N/A
12/31/2022	9,937	1,030	444	855	N/A
9/30/2022	8,942	845	608	991	N/A
6/30/2022	8,386	653	433	833	N/A
3/31/2022	8,284	523	462	852	N/A
12/31/2021	7,946	503	124	477	N/A
9/30/2021	7,781	390	44	375	N/A
6/30/2021	7,816	408	98	334	N/A
3/31/2021	7,163	430	270	478	N/A
12/31/2020	6,281	328	877	1,017	N/A
9/30/2020	5,732	536	1,295	1,374	N/A
6/30/2020	5,443	518	1,295	1,375	N/A
3/31/2020	5,428	506	906	1,007	N/A
12/31/2019	5,703	502	1,098	1,208	N/A
9/30/2019	5,813	467	792	913	N/A
6/30/2019	5,837	455	972	1,087	N/A
3/31/2019	5,763	436	928	1,044	N/A
12/31/2018	5,864	423	517	669	N/A
9/30/2018	5,946	430	540	732	N/A
6/30/2018	5,950	345	251	503	N/A
3/31/2018	5,868	292	83	324	N/A
12/31/2017	5,710	366	N/A	214	N/A
9/30/2017	5,366	441	N/A	190	N/A
6/30/2017	5,077	506	N/A	269	N/A
3/31/2017	4,789	537	N/A	308	N/A
12/31/2016	4,377	501	N/A	429	N/A
9/30/2016	4,041	452	N/A	534	N/A
6/30/2016	3,880	419	N/A	430	N/A
3/31/2016	3,931	382	N/A	454	N/A
12/31/2015	4,003	364	N/A	496	N/A
9/30/2015	4,080	336	N/A	76	N/A
6/30/2015	4,078	332	N/A	408	N/A
3/31/2015	4,207	349	N/A	535	N/A
12/31/2014	4,231	344	N/A	484	N/A
12/31/2013	3,673	317	N/A	325	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603355's forecast earnings growth (11.5% per year) is above the savings rate (2.9%).

Earnings vs Market: 603355's earnings (11.5% per year) are forecast to grow slower than the CN market (22.2% per year).

High Growth Earnings: 603355's earnings are forecast to grow, but not significantly.

Revenue vs Market: 603355's revenue (12.1% per year) is forecast to grow slower than the CN market (13.7% per year).

High Growth Revenue: 603355's revenue (12.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603355's Return on Equity is forecast to be low in 3 years time (19.8%).

Kingclean ElectricLtd Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 10.0% to CN¥31.64

Price target increased to CN¥44.92

Price target increased to CN¥44.92

Consensus EPS estimates fall by 17%

Price target decreased to CN¥37.38

Price target raised to CN¥27.54

Recent updates

Kingclean Electric Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024

Kingclean ElectricLtd (SHSE:603355) Has More To Do To Multiply In Value Going Forward

We Think Kingclean ElectricLtd (SHSE:603355) Can Manage Its Debt With Ease

We Think That There Are Issues Underlying Kingclean ElectricLtd's (SHSE:603355) Earnings

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Kingclean Electric Co.,Ltd, Annual General Meeting, May 27, 2024

Kingclean Electric Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024

Kingclean Electric Co.,Ltd's (SHSE:603355) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Investor sentiment deteriorates as stock falls 16%

Kingclean Electric Co.,Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024

Third quarter 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.59 in 3Q 2022)

Price target decreased by 10.0% to CN¥31.64

Second quarter 2023 earnings released: EPS: CN¥0.68 (vs CN¥0.47 in 2Q 2022)

Investor sentiment improves as stock rises 16%

Kingclean Electric Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023

First quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.37 in 1Q 2022)

Price target increased to CN¥44.92

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.59 (vs CN¥0.25 in 3Q 2021)

Price target increased to CN¥44.92

Second quarter 2022 earnings released: EPS: CN¥0.47 (vs CN¥0.25 in 2Q 2021)

Less than half of directors are independent

Investor sentiment improved over the past week

JIMMY Reveals Game-Changing BX5 Anti-Mite Vacuum Cleaner

Investor sentiment improved over the past week

Consensus EPS estimates fall by 17%

Price target decreased to CN¥37.38

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.59 (vs CN¥0.29 in 2Q 2020)

Investor sentiment deteriorated over the past week

Kingclean Electric Co.Ltd (SHSE:603355) signed a letter of intent to acquire Shanghai PGI Automotive Parts Co., Ltd. from Paragon Trading Corp. LLC and GIL-MAR PHG Far East Automotive, LLC for CNY 1.5 billion.

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥1.25 in FY 2019)

Investor sentiment improved over the past week

New 90-day low: CN¥28.24

New 90-day low: CN¥29.50

New 90-day low: CN¥30.51

Third quarter earnings released

New 90-day high: CN¥37.08

Kingclean Electric Co.Ltd to Report Q3, 2020 Results on Oct 30, 2020

New 90-day high: CN¥36.54

New 90-day high: CN¥33.18

Price target raised to CN¥27.54

First half earnings released

New 90-day high - CN¥28.81

New 90-day high - CN¥28.00

Kingclean Electric Co.Ltd to Report First Half, 2020 Results on Aug 29, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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