Zhejiang Zhengte Co., Ltd.

SZSE:001238 Stock Report

Market Cap: CN¥2.5b

Zhejiang Zhengte Future Growth

Future criteria checks 4/6

Zhejiang Zhengte is forecast to grow earnings and revenue by 46.4% and 19.9% per annum respectively. EPS is expected to grow by 46.5% per annum. Return on equity is forecast to be 10.9% in 3 years.

Key information

46.4%

Earnings growth rate

46.5%

EPS growth rate

Consumer Durables earnings growth13.2%
Revenue growth rate19.9%
Future return on equity10.9%
Analyst coverage

Low

Last updated10 May 2024

Recent future growth updates

Recent updates

There May Be Reason For Hope In Zhejiang Zhengte's (SZSE:001238) Disappointing Earnings

May 09
There May Be Reason For Hope In Zhejiang Zhengte's (SZSE:001238) Disappointing Earnings

Zhejiang Zhengte (SZSE:001238) Will Want To Turn Around Its Return Trends

Feb 26
Zhejiang Zhengte (SZSE:001238) Will Want To Turn Around Its Return Trends

Earnings and Revenue Growth Forecasts

SZSE:001238 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20262,088161N/A1831
12/31/20251,608123N/A492
12/31/20241,388104N/A1342
12/31/20231,09117464N/A
9/30/20231,15627-796N/A
6/30/20231,22037-162-52N/A
3/31/20231,30148-111-3N/A
1/1/20231,38259-6046N/A
10/1/20221,41687-4133N/A
6/30/20221,44911553220N/A
3/31/20221,344111-29132N/A
1/1/20221,240108-11145N/A
12/31/202091080131187N/A
12/31/2019675426596N/A
12/31/201870448-4213N/A
12/31/201560267N/A50N/A
12/31/201462119N/A73N/A
12/31/201356721N/A60N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 001238's forecast earnings growth (46.4% per year) is above the savings rate (2.9%).

Earnings vs Market: 001238's earnings (46.4% per year) are forecast to grow faster than the CN market (23.3% per year).

High Growth Earnings: 001238's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 001238's revenue (19.9% per year) is forecast to grow faster than the CN market (14.1% per year).

High Growth Revenue: 001238's revenue (19.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 001238's Return on Equity is forecast to be low in 3 years time (10.9%).


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