Shede Spirits Future Growth
Future criteria checks 3/6
Shede Spirits is forecast to grow earnings and revenue by 16.5% and 14.6% per annum respectively. EPS is expected to grow by 16.3% per annum. Return on equity is forecast to be 22.1% in 3 years.
Key information
16.5%
Earnings growth rate
16.3%
EPS growth rate
| Beverage earnings growth | 14.1% |
| Revenue growth rate | 14.6% |
| Future return on equity | 22.1% |
| Analyst coverage | Good |
| Last updated | 27 Apr 2024 |
Recent future growth updates
Recent updates
Why We Like The Returns At Shede Spirits (SHSE:600702)
Apr 22
Shede Spirits Co., Ltd.'s (SHSE:600702) Shares Lagging The Market But So Is The Business
Apr 09We Think That There Are Some Issues For Shede Spirits (SHSE:600702) Beyond Its Promising Earnings
Mar 26Analysts Have Lowered Expectations For Shede Spirits Co., Ltd. (SHSE:600702) After Its Latest Results
Mar 22Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 10,731 | 2,752 | 1,297 | 2,743 | 9 |
| 12/31/2025 | 9,337 | 2,396 | 890 | 2,110 | 13 |
| 12/31/2024 | 8,071 | 2,004 | 1,533 | 2,280 | 11 |
| 3/31/2024 | 7,165 | 1,752 | -372 | 597 | N/A |
| 12/31/2023 | 7,081 | 1,771 | -158 | 716 | N/A |
| 9/30/2023 | 6,685 | 1,780 | -181 | 564 | N/A |
| 6/30/2023 | 6,560 | 1,769 | 524 | 1,269 | N/A |
| 3/31/2023 | 6,194 | 1,724 | 211 | 849 | N/A |
| 12/31/2022 | 6,056 | 1,685 | 457 | 1,041 | N/A |
| 9/30/2022 | 5,979 | 1,476 | 1,194 | 1,669 | N/A |
| 6/30/2022 | 5,603 | 1,346 | 1,474 | 1,768 | N/A |
| 3/31/2022 | 5,825 | 1,474 | 2,006 | 2,258 | N/A |
| 12/31/2021 | 4,969 | 1,246 | 2,023 | 2,229 | N/A |
| 9/30/2021 | 4,547 | 1,240 | 2,045 | 2,248 | N/A |
| 6/30/2021 | 4,069 | 1,152 | 1,647 | 1,930 | N/A |
| 3/31/2021 | 3,327 | 856 | 1,203 | 1,461 | N/A |
| 12/31/2020 | 2,704 | 581 | 747 | 997 | N/A |
| 9/30/2020 | 2,570 | 516 | 521 | 771 | N/A |
| 6/30/2020 | 2,455 | 487 | 585 | 745 | N/A |
| 3/31/2020 | 2,357 | 434 | 432 | 604 | N/A |
| 12/31/2019 | 2,650 | 508 | 478 | 668 | N/A |
| 9/30/2019 | 2,467 | 372 | 262 | 450 | N/A |
| 6/30/2019 | 2,415 | 361 | -13 | 162 | N/A |
| 3/31/2019 | 2,390 | 360 | -1 | 184 | N/A |
| 12/31/2018 | 2,212 | 342 | 191 | 443 | N/A |
| 9/30/2018 | 1,984 | 321 | 93 | 359 | N/A |
| 6/30/2018 | 1,778 | 247 | 243 | 525 | N/A |
| 3/31/2018 | 1,732 | 185 | 320 | 577 | N/A |
| 12/31/2017 | 1,638 | 144 | N/A | 426 | N/A |
| 9/30/2017 | 1,606 | 121 | N/A | 486 | N/A |
| 6/30/2017 | 1,561 | 119 | N/A | 263 | N/A |
| 3/31/2017 | 1,462 | 109 | N/A | 266 | N/A |
| 12/31/2016 | 1,462 | 80 | N/A | 230 | N/A |
| 9/30/2016 | 1,439 | 58 | N/A | 175 | N/A |
| 6/30/2016 | 1,309 | 24 | N/A | 126 | N/A |
| 3/31/2016 | 1,268 | 15 | N/A | 87 | N/A |
| 12/31/2015 | 1,156 | 7 | N/A | 121 | N/A |
| 9/30/2015 | 1,232 | 11 | N/A | -74 | N/A |
| 6/30/2015 | 1,341 | 10 | N/A | -53 | N/A |
| 3/31/2015 | 1,411 | 10 | N/A | 4 | N/A |
| 12/31/2014 | 1,445 | 13 | N/A | -148 | N/A |
| 9/30/2014 | 1,434 | 10 | N/A | -58 | N/A |
| 6/30/2014 | 1,394 | -6 | N/A | -65 | N/A |
| 3/31/2014 | 1,308 | -38 | N/A | -174 | N/A |
| 12/31/2013 | 1,419 | 12 | N/A | 104 | N/A |
| 9/30/2013 | 1,778 | 123 | N/A | 81 | N/A |
| 6/30/2013 | 1,846 | 212 | N/A | 185 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600702's forecast earnings growth (16.5% per year) is above the savings rate (2.9%).
Earnings vs Market: 600702's earnings (16.5% per year) are forecast to grow slower than the CN market (24.1% per year).
High Growth Earnings: 600702's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600702's revenue (14.6% per year) is forecast to grow faster than the CN market (14.5% per year).
High Growth Revenue: 600702's revenue (14.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600702's Return on Equity is forecast to be high in 3 years time (22.1%)