Zhejiang Semir Garment Future Growth

Future criteria checks 1/6

Zhejiang Semir Garment is forecast to grow earnings and revenue by 13.7% and 9.3% per annum respectively. EPS is expected to grow by 13.7% per annum. Return on equity is forecast to be 12.7% in 3 years.

Key information

13.7%

Earnings growth rate

13.7%

EPS growth rate

Luxury earnings growth	20.9%
Revenue growth rate	9.3%
Future return on equity	12.7%
Analyst coverage	Good
Last updated	30 Apr 2024

Recent future growth updates

Recent updates

Zhejiang Semir Garment's (SZSE:002563) Solid Earnings Are Supported By Other Strong Factors

Apr 08

Benign Growth For Zhejiang Semir Garment Co., Ltd. (SZSE:002563) Underpins Its Share Price

Mar 27

Earnings and Revenue Growth Forecasts

SZSE:002563 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	17,881	1,696	1,628	1,924	8
12/31/2025	16,551	1,513	1,706	1,742	9
12/31/2024	15,112	1,321	1,888	1,690	9
3/31/2024	13,798	1,157	2,043	2,386	N/A
12/31/2023	13,661	1,122	1,680	1,941	N/A
9/30/2023	13,287	1,198	1,951	2,155	N/A
3/31/2023	13,024	739	1,494	1,571	N/A
1/1/2023	13,331	637	1,064	1,176	N/A
9/30/2022	14,342	815	814	939	N/A
6/30/2022	14,544	926	741	895	N/A
3/31/2022	15,419	1,343	1,140	1,324	N/A
1/1/2022	15,420	1,486	1,876	2,076	N/A
9/30/2021	15,776	1,533	3,266	3,460	N/A
6/30/2021	15,987	1,449	4,644	4,814	N/A
3/31/2021	15,777	1,141	5,286	5,444	N/A
12/31/2020	15,205	806	4,323	4,457	N/A
9/30/2020	15,525	458	3,908	3,963	N/A
6/30/2020	16,851	849	2,383	2,626	N/A
3/31/2020	17,957	1,220	1,195	1,469	N/A
12/31/2019	19,337	1,549	1,332	1,677	N/A
9/30/2019	19,216	1,729	158	638	N/A
6/30/2019	18,406	1,748	176	545	N/A
3/31/2019	17,325	1,728	114	544	N/A
12/31/2018	15,719	1,694	458	955	N/A
9/30/2018	13,748	1,398	893	1,591	N/A
6/30/2018	13,126	1,271	1,078	1,865	N/A
3/31/2018	12,472	1,198	1,721	2,610	N/A
12/31/2017	12,026	1,138	N/A	2,191	N/A
9/30/2017	11,586	1,437	N/A	1,738	N/A
6/30/2017	11,221	1,448	N/A	1,287	N/A
3/31/2017	10,811	1,434	N/A	671	N/A
12/31/2016	10,667	1,427	N/A	857	N/A
9/30/2016	10,409	1,522	N/A	439	N/A
6/30/2016	9,964	1,439	N/A	481	N/A
3/31/2016	9,722	1,397	N/A	599	N/A
12/31/2015	9,454	1,349	N/A	872	N/A
9/30/2015	8,955	1,250	N/A	462	N/A
6/30/2015	8,585	1,171	N/A	920	N/A
3/31/2015	8,345	1,128	N/A	1,020	N/A
12/31/2014	8,147	1,092	N/A	762	N/A
9/30/2014	7,728	1,022	N/A	1,037	N/A
6/30/2014	7,500	962	N/A	1,036	N/A
3/31/2014	7,349	930	N/A	1,202	N/A
12/31/2013	7,294	902	N/A	1,392	N/A
9/30/2013	7,379	839	N/A	1,514	N/A
6/30/2013	7,277	797	N/A	1,623	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002563's forecast earnings growth (13.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 002563's earnings (13.7% per year) are forecast to grow slower than the CN market (24.3% per year).

High Growth Earnings: 002563's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002563's revenue (9.3% per year) is forecast to grow slower than the CN market (14.6% per year).

High Growth Revenue: 002563's revenue (9.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002563's Return on Equity is forecast to be low in 3 years time (12.7%).

Zhejiang Semir Garment Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 7.3% to CN¥6.95

Price target increased by 10% to CN¥7.49

Price target increased by 7.5% to CN¥6.64

Price target decreased to CN¥5.94

Price target decreased to CN¥7.08

Consensus forecasts updated

Recent updates

First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 1Q 2023)

Zhejiang Semir Garment Co., Ltd. Approves Cash Dividend for the Year 2023

Zhejiang Semir Garment's (SZSE:002563) Solid Earnings Are Supported By Other Strong Factors

Zhejiang Semir Garment Co., Ltd., Annual General Meeting, Apr 25, 2024

Zhejiang Semir Garment Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Benign Growth For Zhejiang Semir Garment Co., Ltd. (SZSE:002563) Underpins Its Share Price

Full year 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.24 in FY 2022)

Now 20% undervalued after recent price drop

Now 22% undervalued after recent price drop

Zhejiang Semir Garment Co., Ltd. to Report Fiscal Year 2023 Results on Apr 02, 2024

Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.057 in 3Q 2022)

Zhejiang Semir Garment Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023

Price target decreased by 7.3% to CN¥6.95

Second quarter 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.04 loss in 2Q 2022)

Price target increased by 10% to CN¥7.49

Now 20% undervalued

Now 20% undervalued after recent price drop

Zhejiang Semir Garment Co., Ltd. Approves Cash Dividend for the Year 2022

Zhejiang Semir Garment Co., Ltd. Implements Final Profit Distribution Plan of A Shares for 2022, Payable on May 18, 2023

Investor sentiment improves as stock rises 15%

Price target increased by 7.5% to CN¥6.64

Zhejiang Semir Garment Announces Board Appointments

Price target decreased to CN¥5.94

Price target decreased to CN¥7.08

Less than half of directors are independent

Consensus forecasts updated

Price target decreased to CN¥7.57

Third quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.10 in 3Q 2021)

Zhejiang Semir Garment Co., Ltd. Approves Election of Cai Liling as an Independent Director

Consensus EPS estimates fall by 11%

Second quarter 2022 earnings released: CN¥0.04 loss per share (vs CN¥0.12 profit in 2Q 2021)

Consensus forecasts updated

Price target decreased to CN¥10.02

Upcoming dividend of CN¥0.50 per share

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Zhejiang Semir Garment Co., Ltd. Announces Final Cash Dividend for the Year 2021, Payable on 11 May 2022

Price target decreased to CN¥11.21

Zhejiang Semir Garment Co., Ltd. Announces Final Cash Dividend for the Year 2021

Now 21% undervalued after recent price drop

Zhejiang Semir Garment Co., Ltd., Annual General Meeting, Apr 22, 2022

Zhejiang Semir Garment Co., Ltd. Proposes Final Cash Dividend for the Year 2021

Now 23% undervalued after recent price drop

Full year 2021 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop

Price target decreased to CN¥11.36

Zhejiang Semir Garment Co., Ltd. Approve Board Appointments

Now 22% undervalued

Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.07 in 3Q 2020)

Upcoming dividend of CN¥0.25 per share

Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.002 in 2Q 2020)

Price target increased to CN¥12.70

Zhejiang Semir Garment Co., Ltd. Proposes Final Distribution Plan to Be Implemented on A Shares for 2020, Payable on May 21, 2021

Price target increased to CN¥11.07

First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.01 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.30 (vs CN¥0.58 in FY 2019)

New 90-day high: CN¥10.19

Full year 2020 earnings released: EPS CN¥0.30 (vs CN¥0.58 in FY 2019)

Revenue behind estimates

Price target raised to CN¥10.70

Zhejiang Semir Garment Co., Ltd. to Report Fiscal Year 2020 Results on Apr 13, 2021

New 90-day high: CN¥9.77

Zhejiang Semir Garment Co., Ltd. Approves Election of Ji Xiaofen as an Independent Directo

New 90-day high: CN¥9.17

Price target raised to CN¥9.60

Third quarter earnings released

Zhejiang Semir Garment Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020

New 90-day high: CN¥8.97

Analysts lower EPS estimates to CN¥0.36

Price target raised to CN¥8.72