Gree Electric Appliances of Zhuhai Future Growth

Future criteria checks 2/6

Gree Electric Appliances of Zhuhai is forecast to grow earnings and revenue by 6.8% and 6.3% per annum respectively. EPS is expected to grow by 6.4% per annum. Return on equity is forecast to be 21.9% in 3 years.

Key information

6.8%

Earnings growth rate

6.4%

EPS growth rate

Consumer Durables earnings growth	13.1%
Revenue growth rate	6.3%
Future return on equity	21.9%
Analyst coverage	Good
Last updated	10 May 2024

Recent future growth updates

Recent updates

Gree Electric Appliances of Zhuhai (SZSE:000651) Will Want To Turn Around Its Return Trends

May 01

Gree Electric Appliances, Inc. of Zhuhai (SZSE:000651) Shares Could Be 24% Below Their Intrinsic Value Estimate

Mar 29

Is Gree Electric Appliances of Zhuhai (SZSE:000651) A Risky Investment?

Feb 27

Earnings and Revenue Growth Forecasts

SZSE:000651 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	242,559	35,705	34,762	39,511	16
12/31/2025	230,881	32,871	32,950	37,512	25
12/31/2024	215,242	30,721	24,666	37,580	24
3/31/2024	204,888	29,583	33,017	38,392	N/A
12/31/2023	203,979	29,017	50,973	56,398	N/A
9/30/2023	196,507	26,295	40,194	45,806	N/A
6/30/2023	193,003	25,717	40,640	46,384	N/A
3/31/2023	189,185	24,613	34,357	40,339	N/A
1/1/2023	188,988	24,507	22,632	28,668	N/A
9/30/2022	197,223	25,723	12,002	17,891	N/A
6/30/2022	192,039	25,073	15,370	21,110	N/A
3/31/2022	189,939	23,624	3,439	9,554	N/A
12/31/2021	187,869	23,064	-3,833	1,894	N/A
9/30/2021	180,445	24,121	17,117	22,668	N/A
6/30/2021	189,750	25,270	12,381	17,685	N/A
3/31/2021	180,994	24,060	22,019	26,746	N/A
1/1/2021	168,201	22,175	14,710	19,239	N/A
9/30/2020	169,006	16,278	-6,743	-1,804	N/A
6/30/2020	170,360	17,309	1,708	6,920	N/A
3/31/2020	178,005	20,583	3,391	8,388	N/A
1/1/2020	198,157	24,697	23,181	27,894	N/A
9/30/2019	204,467	27,202	40,150	44,597	N/A
6/30/2019	204,448	27,147	30,069	34,458	N/A
3/31/2019	199,111	26,293	16,354	20,314	N/A
1/1/2019	198,125	26,203	23,103	26,941	N/A
9/30/2018	186,112	28,058	22,399	25,673	N/A
6/30/2018	170,080	25,754	19,045	21,640	N/A
3/31/2018	158,168	23,968	19,394	21,920	N/A
12/31/2017	148,288	22,400	N/A	16,338	N/A
9/30/2017	136,750	19,697	N/A	6,437	N/A
6/30/2017	128,305	18,515	N/A	7,042	N/A
3/31/2017	113,345	16,320	N/A	17,520	N/A
12/31/2016	108,304	15,465	N/A	14,860	N/A
9/30/2016	98,652	13,809	N/A	21,565	N/A
6/30/2016	96,819	13,214	N/A	26,077	N/A
3/31/2016	97,884	12,917	N/A	27,337	N/A
12/31/2015	97,748	12,532	N/A	44,378	N/A
9/30/2015	120,866	14,280	N/A	34,046	N/A
6/30/2015	129,998	14,158	N/A	29,390	N/A
3/31/2015	137,590	14,676	N/A	20,978	N/A
1/1/2015	137,751	14,155	N/A	18,939	N/A
9/30/2014	129,228	13,119	N/A	15,217	N/A
6/30/2014	123,599	12,573	N/A	16,523	N/A
3/31/2014	121,196	11,790	N/A	18,076	N/A
12/31/2013	118,628	10,870	N/A	12,970	N/A
9/30/2013	110,536	9,626	N/A	19,651	N/A
6/30/2013	104,289	8,524	N/A	18,499	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000651's forecast earnings growth (6.8% per year) is above the savings rate (2.9%).

Earnings vs Market: 000651's earnings (6.8% per year) are forecast to grow slower than the CN market (23.6% per year).

High Growth Earnings: 000651's earnings are forecast to grow, but not significantly.

Revenue vs Market: 000651's revenue (6.3% per year) is forecast to grow slower than the CN market (14.2% per year).

High Growth Revenue: 000651's revenue (6.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 000651's Return on Equity is forecast to be high in 3 years time (21.9%)

Gree Electric Appliances of Zhuhai Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.8% to CN¥48.24

Price target decreased to CN¥59.48

Recent updates

Price target increased by 8.8% to CN¥48.24

Gree Electric Appliances, Inc. of Zhuhai Proposes Final Dividend for 2023

Gree Electric Appliances of Zhuhai (SZSE:000651) Will Want To Turn Around Its Return Trends

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Gree Electric Appliances, Inc. of Zhuhai to Report Q1, 2024 Results on Apr 30, 2024

Gree Electric Appliances, Inc. of Zhuhai (SZSE:000651) Shares Could Be 24% Below Their Intrinsic Value Estimate

Is Gree Electric Appliances of Zhuhai (SZSE:000651) A Risky Investment?

Gree Electric Appliances, Inc. of Zhuhai to Report Fiscal Year 2023 Results on Apr 29, 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Gree Electric Appliances, Inc. of Zhuhai Declares Cash Dividend for 2022

Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 30, 2023

Gree Electric Appliances, Inc. of Zhuhai Announces the Profit Distribution Proposal for 2022

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Gree Electric Appliances, Inc. of Zhuhai Approves Interim Profit Distribution Plan

Gree Electric Appliances, Inc. of Zhuhai Proposes Distribution for the First Half of 2022

Now 21% undervalued

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Gree Electric Appliances, Inc. of Zhuhai (SZSE:000651) completed the acquisition of a 29.8% stake in Zhejiang Dun'an Artificial Environment Co., Ltd from Zhejiang DunAn Jinggong Group Co., Ltd.

Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Gree Electric Appliances, Inc. of Zhuhai Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2021, Payable on 05 August 2022

Gree Electric Appliances, Inc. of Zhuhai Approves Cash Dividend for 2021

Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 07, 2022

Gree Electric Appliances, Inc. of Zhuhai Announces Final Cash Dividend Proposal for 2021

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Gree Electric Appliances, Inc. of Zhuhai Announces Interim Cash Dividend (Tax Included), Payable of 08 April 2022

Gree Electric Appliances, Inc. of Zhuhai Approves Election of Zhang Qiusheng as Independent Director

Gree Electric Appliances, Inc. of Zhuhai Proposes Interim Dividend for the First Half of 2021

Price target decreased to CN¥59.48

Third quarter 2021 earnings released: EPS CN¥1.10 (vs CN¥1.23 in 3Q 2020)

Gree Electric Appliances, Inc. of Zhuhai(XSEC:000651) dropped from FTSE All-World Index (USD)

Full year 2020 earnings released: EPS CN¥3.71 (vs CN¥4.11 in FY 2019)

New 90-day low: CN¥57.29

New 90-day high: CN¥68.40

Gree Electric Appliances, Inc. of Zhuhai Approves Election of Cheng Min as Non-Employee Supervisor

Third quarter 2020 earnings released: EPS CN¥1.22

Revenue and earnings beat expectations

New 90-day high: CN¥60.19

First half earnings released

New 90-day low - CN¥54.13

Gree Electric Appliances, Inc. of Zhuhai to Report First Half, 2020 Results on Aug 31, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies