Innovation New Material Technology Future Growth

Future criteria checks 3/6

Innovation New Material Technology is forecast to grow earnings and revenue by 26.5% and 10% per annum respectively. EPS is expected to grow by 27.4% per annum. Return on equity is forecast to be 13.4% in 3 years.

Key information

26.5%

Earnings growth rate

27.4%

EPS growth rate

Consumer Retailing earnings growth	45.0%
Revenue growth rate	10.0%
Future return on equity	13.4%
Analyst coverage	Low
Last updated	01 Nov 2024

Recent future growth updates

Recent updates

These 4 Measures Indicate That Innovation New Material Technology (SHSE:600361) Is Using Debt Extensively

Dec 20

Innovation New Material Technology Co., Ltd. (SHSE:600361) Screens Well But There Might Be A Catch

Oct 17

Innovation New Material Technology Co., Ltd.'s (SHSE:600361) Shares Lagging The Market But So Is The Business

Jul 12

Here's Why Innovation New Material Technology (SHSE:600361) Has A Meaningful Debt Burden

May 24

Concerns Surrounding Innovation New Material Technology's (SHSE:600361) Performance

May 02

Sentiment Still Eluding Innovation New Material Technology Co., Ltd. (SHSE:600361)

Feb 29

Earnings and Revenue Growth Forecasts

SHSE:600361 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	99,527	1,939	N/A	1,867	3
12/31/2025	93,065	1,560	N/A	1,218	4
12/31/2024	84,191	1,244	N/A	3,180	4
9/30/2024	78,906	1,030	-1,722	-72	N/A
6/30/2024	76,346	1,028	-3,504	-1,160	N/A
3/31/2024	74,127	974	-3,705	-1,256	N/A
12/31/2023	72,844	958	-1,730	582	N/A
9/30/2023	70,587	944	-2,051	-130	N/A
6/30/2023	69,579	920	-960	191	N/A
3/31/2023	69,918	969	-888	-8	N/A
12/31/2022	69,319	1,090	-978	-414	N/A
9/30/2022	105,488	1,891	-4,963	-3,771	N/A
6/30/2022	90,127	1,565	-5,022	-3,974	N/A
3/31/2022	72,892	1,221	-4,386	-3,404	N/A
12/31/2021	59,429	869	-4,073	-3,103	N/A
9/30/2021	9,607	-173	263	558	N/A
6/30/2021	9,736	1	438	692	N/A
3/31/2021	9,263	73	-389	-170	N/A
12/31/2020	9,549	103	488	671	N/A
9/30/2020	8,793	139	-91	308	N/A
6/30/2020	9,983	112	-155	251	N/A
3/31/2020	11,363	102	421	779	N/A
12/31/2019	11,993	84	147	498	N/A
9/30/2019	11,638	78	1,030	1,017	N/A
6/30/2019	11,557	98	1,041	1,010	N/A
3/31/2019	11,549	101	1,044	1,032	N/A
12/31/2018	11,595	83	686	726	N/A
9/30/2018	11,833	74	258	718	N/A
6/30/2018	11,544	51	N/A	671	N/A
3/31/2018	11,650	106	N/A	432	N/A
12/31/2017	11,768	79	N/A	644	N/A
9/30/2017	11,782	-40	N/A	314	N/A
6/30/2017	11,998	-121	N/A	-35	N/A
3/31/2017	12,134	-209	N/A	78	N/A
12/31/2016	12,358	-260	N/A	-78	N/A
9/30/2016	12,971	-162	N/A	114	N/A
6/30/2016	13,284	-78	N/A	333	N/A
3/31/2016	13,221	-135	N/A	-529	N/A
12/31/2015	13,430	53	N/A	255	N/A
9/30/2015	13,240	56	N/A	1	N/A
6/30/2015	13,397	51	N/A	133	N/A
3/31/2015	13,633	234	N/A	1,170	N/A
12/31/2014	13,332	102	N/A	552	N/A
9/30/2014	13,621	114	N/A	932	N/A
6/30/2014	13,109	123	N/A	725	N/A
3/31/2014	12,913	37	N/A	731	N/A
12/31/2013	12,748	41	N/A	632	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600361's forecast earnings growth (26.5% per year) is above the savings rate (2.8%).

Earnings vs Market: 600361's earnings (26.5% per year) are forecast to grow faster than the CN market (25.8% per year).

High Growth Earnings: 600361's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600361's revenue (10% per year) is forecast to grow slower than the CN market (13.8% per year).

High Growth Revenue: 600361's revenue (10% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600361's Return on Equity is forecast to be low in 3 years time (13.4%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 06:03
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Innovation New Material Technology Co., Ltd. is covered by 16 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Changzhou Wang	China International Capital Corporation Limited
Zheng Wang	China International Capital Corporation Limited
Chong Ao	Citic Securities Co., Ltd.

Innovation New Material Technology Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased to CN¥4.05

Price target decreased to CN¥4.05

Analysts update estimates

Price target raised to CN¥4.76

Recent updates

These 4 Measures Indicate That Innovation New Material Technology (SHSE:600361) Is Using Debt Extensively

Third quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.05 in 3Q 2023)

Innovation New Material Technology Co., Ltd. (SHSE:600361) Screens Well But There Might Be A Catch

Innovation New Material Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024

Investor sentiment improves as stock rises 25%

Second quarter 2024 earnings released: EPS: CN¥0.068 (vs CN¥0.061 in 2Q 2023)

Innovation New Material Technology Co., Ltd.'s (SHSE:600361) Shares Lagging The Market But So Is The Business

Investor sentiment improves as stock rises 15%

Innovation New Material Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024

New minor risk - Share price stability

Here's Why Innovation New Material Technology (SHSE:600361) Has A Meaningful Debt Burden

Concerns Surrounding Innovation New Material Technology's (SHSE:600361) Performance

First quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.066 in 1Q 2023)

Innovation New Material Technology Co., Ltd., Annual General Meeting, May 16, 2024

Investor sentiment deteriorates as stock falls 16%

Innovation New Material Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024

Investor sentiment improves as stock rises 17%

Sentiment Still Eluding Innovation New Material Technology Co., Ltd. (SHSE:600361)

Investor sentiment deteriorates as stock falls 21%

Innovation New Material Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024

Third quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.15 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.14 loss in 2Q 2022)

Investor sentiment improves as stock rises 18%

Innovation New Material Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023

Full year 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.42 loss in FY 2021)

No independent directors

Beijing Hualian Hypermarket Co., Ltd. (SHSE:600361) completed the acquisition of Shandong Innovation Metal Technology Co., Ltd., from Chuangxin Group, Chuangxin Metal Financial Investors, Cui Lixin, Yang Aimei, Geng Hongyu, Wang Wei and other shareholders.

Third quarter 2022 earnings released: CN¥0.15 loss per share (vs CN¥0.19 loss in 3Q 2021)

Second quarter 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.096 loss in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: CN¥0.19 loss per share (vs CN¥0.05 profit in 3Q 2020)

Beijing Hualian Hypermarket Co., Ltd. (SHSE:600361) intends to acquire Shandong Innovation Metal Technology Co., Ltd., from Chuangxin Group, Chuangxin Metal Financial Investors, Cui Lixin, Yang Aimei, Geng Hongyu and Wang Wei for CNY 12.2 billion.

Second quarter 2021 earnings released: CN¥0.096 loss per share (vs CN¥0.024 profit in 2Q 2020)

Investor sentiment improved over the past week

Price target decreased to CN¥4.05

Price target decreased to CN¥4.05

First quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.10 in 1Q 2020)

New 90-day low: CN¥3.55

New 90-day low: CN¥3.66

New 90-day low: CN¥3.92

New 90-day low: CN¥4.22

Beijing Hualian Wanmao Shopping Mall Management Co., Ltd. Enters into Termination Agreement with Beijing Hualian Hypermarket Co. Ltd. and an Agreement for A New 20-Year Lease

Third quarter earnings released

New 90-day low: CN¥4.31

New 90-day low - CN¥4.49

Beijing Hualian Hypermarket Co., Ltd. (SHSE:600361) completed the acquisition of Qinghai China Resources Vanguard Living Supermarket Co., Ltd from Shaanxi China Resources Vanguard Living Supermarket Co., Ltd.

Analysts update estimates

Price target raised to CN¥4.76

Earnings released

Beijing Hualian Hypermarket Co., Ltd. (SHSE:600361) made a bid to acquire Qinghai China Resources Vanguard Living Supermarket Co., Ltd from Shaanxi China Resources Vanguard Living Supermarket Co., Ltd for CNY 47.7 million.

Beijing Hualian Hypermarket Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources