Guangzhou Development Group Future Growth

Future criteria checks 1/6

Guangzhou Development Group is forecast to grow earnings and revenue by 14.2% and 4.8% per annum respectively. EPS is expected to grow by 14.3% per annum. Return on equity is forecast to be 8.3% in 3 years.

Key information

14.2%

Earnings growth rate

14.3%

EPS growth rate

Oil and Gas earnings growth	15.1%
Revenue growth rate	4.8%
Future return on equity	8.3%
Analyst coverage	Low
Last updated	02 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings Working Against Guangzhou Development Group Incorporated's (SHSE:600098) Share Price

Oct 01

Guangzhou Development Group (SHSE:600098) Has Some Way To Go To Become A Multi-Bagger

Jul 29

Guangzhou Development Group (SHSE:600098) Will Pay A Larger Dividend Than Last Year At CN¥0.25

Jun 21

Does Guangzhou Development Group (SHSE:600098) Have A Healthy Balance Sheet?

May 28

Fewer Investors Than Expected Jumping On Guangzhou Development Group Incorporated (SHSE:600098)

Apr 02

Does Guangzhou Development Group (SHSE:600098) Have A Healthy Balance Sheet?

Feb 28

Earnings and Revenue Growth Forecasts

SHSE:600098 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	55,103	2,341	N/A	7,953	1
12/31/2025	52,488	2,161	N/A	7,049	1
12/31/2024	49,364	1,820	N/A	5,464	1
9/30/2024	49,962	1,697	6	3,884	N/A
6/30/2024	47,920	1,668	-1,511	2,613	N/A
3/31/2024	47,411	1,681	-1,237	2,837	N/A
12/31/2023	46,797	1,638	-1,456	2,863	N/A
9/30/2023	45,222	1,665	-2,099	2,946	N/A
6/30/2023	48,925	1,751	-876	4,104	N/A
3/31/2023	49,623	1,502	-244	4,886	N/A
12/31/2022	47,910	1,354	-948	3,740	N/A
9/30/2022	45,337	645	674	4,801	N/A
6/30/2022	40,813	227	-1,489	2,465	N/A
3/31/2022	37,330	228	-1,439	1,927	N/A
12/31/2021	37,953	172	-1,062	2,093	N/A
9/30/2021	37,073	799	-1,606	748	N/A
6/30/2021	35,529	1,030	114	2,321	N/A
3/31/2021	34,424	987	21	2,188	N/A
12/31/2020	31,710	903	222	2,284	N/A
9/30/2020	30,998	956	623	3,421	N/A
6/30/2020	30,738	877	552	3,063	N/A
3/31/2020	29,525	774	221	2,744	N/A
12/31/2019	29,643	806	1,173	3,636	N/A
9/30/2019	28,802	753	1,452	2,916	N/A
6/30/2019	26,727	731	1,317	2,516	N/A
3/31/2019	26,447	742	1,158	2,289	N/A
12/31/2018	26,165	701	691	1,684	N/A
9/30/2018	26,045	730	1,365	2,421	N/A
6/30/2018	26,908	757	N/A	2,127	N/A
3/31/2018	26,242	753	N/A	2,105	N/A
12/31/2017	24,798	679	N/A	2,358	N/A
9/30/2017	23,540	272	N/A	2,285	N/A
6/30/2017	21,659	530	N/A	2,732	N/A
3/31/2017	21,417	534	N/A	2,798	N/A
12/31/2016	22,025	669	N/A	2,475	N/A
9/30/2016	23,692	1,307	N/A	2,024	N/A
6/30/2016	23,315	1,265	N/A	1,719	N/A
3/31/2016	22,179	1,233	N/A	2,135	N/A
12/31/2015	21,117	1,303	N/A	3,189	N/A
9/30/2015	18,249	1,201	N/A	3,213	N/A
6/30/2015	18,764	1,113	N/A	3,626	N/A
3/31/2015	19,624	1,259	N/A	3,310	N/A
12/31/2014	19,446	1,224	N/A	3,236	N/A
9/30/2014	19,264	1,222	N/A	3,098	N/A
6/30/2014	18,136	1,151	N/A	2,864	N/A
3/31/2014	17,362	1,036	N/A	3,472	N/A
12/31/2013	16,895	1,035	N/A	2,766	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600098's forecast earnings growth (14.2% per year) is above the savings rate (2.8%).

Earnings vs Market: 600098's earnings (14.2% per year) are forecast to grow slower than the CN market (26.1% per year).

High Growth Earnings: 600098's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600098's revenue (4.8% per year) is forecast to grow slower than the CN market (13.9% per year).

High Growth Revenue: 600098's revenue (4.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600098's Return on Equity is forecast to be low in 3 years time (8.3%).

Guangzhou Development Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 3Q 2023)

Earnings Working Against Guangzhou Development Group Incorporated's (SHSE:600098) Share Price

Investor sentiment improves as stock rises 20%

Guangzhou Development Group Incorporated to Report Q3, 2024 Results on Oct 31, 2024

Second quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.20 in 2Q 2023)

Guangzhou Development Group (SHSE:600098) Has Some Way To Go To Become A Multi-Bagger

Guangzhou Development Group Incorporated to Report First Half, 2024 Results on Aug 31, 2024

Guangzhou Development Group (SHSE:600098) Will Pay A Larger Dividend Than Last Year At CN¥0.25

Dividend increased to CN¥0.25

Less than half of directors are independent

Does Guangzhou Development Group (SHSE:600098) Have A Healthy Balance Sheet?

Guangzhou Development Group Incorporated, Annual General Meeting, May 30, 2024

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

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improves as stock rises 18%

Fewer Investors Than Expected Jumping On Guangzhou Development Group Incorporated (SHSE:600098)

Guangzhou Development Group Incorporated to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings released: EPS: CN¥0.47 (vs CN¥0.39 in FY 2022)

Does Guangzhou Development Group (SHSE:600098) Have A Healthy Balance Sheet?

Guangzhou Development Group Incorporated to Report Fiscal Year 2023 Results on Apr 10, 2024

Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.14 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.13 in 2Q 2022)

Full year 2022 earnings released: EPS: CN¥0.39 (vs CN¥0.074 in FY 2021)

Third quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.03 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 2Q 2021)

First quarter 2022 earnings released: EPS: CN¥0.075 (vs CN¥0.075 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: CN¥0.074 (vs CN¥0.34 in FY 2020)

Third quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.12 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.16 in 2Q 2020)

Guangzhou Development Group Incorporated announced that it expects to receive CNY 6 billion in funding from Guangzhou State-owned Capital Operation Holdings Co.,Ltd. and other investors

First quarter 2021 earnings released: EPS CN¥0.075 (vs CN¥0.043 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.34 (vs CN¥0.30 in FY 2019)

New 90-day low: CN¥5.57

Investor sentiment improved over the past week

New 90-day high: CN¥6.10

Third quarter 2020 earnings released: EPS CN¥0.12

New 90-day low: CN¥5.66

First half earnings released

New 90-day high - CN¥6.25

Guangzhou Development Group Incorporated 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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