Luzhou LaojiaoLtd Future Growth

Future criteria checks 2/6

Luzhou LaojiaoLtd is forecast to grow earnings and revenue by 12% and 11.6% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 31.5% in 3 years.

Key information

12.0%

Earnings growth rate

11.8%

EPS growth rate

Beverage earnings growth	12.5%
Revenue growth rate	11.6%
Future return on equity	31.5%
Analyst coverage	Good
Last updated	13 Sep 2024

Recent future growth updates

Recent updates

We Think Luzhou LaojiaoLtd (SZSE:000568) Can Manage Its Debt With Ease

Sep 16

Luzhou LaojiaoLtd (SZSE:000568) Will Pay A Larger Dividend Than Last Year At CN¥5.4

Aug 19

Luzhou Laojiao Co.,Ltd (SZSE:000568) Looks Inexpensive But Perhaps Not Attractive Enough

Mar 12

Luzhou LaojiaoLtd (SZSE:000568) Has A Rock Solid Balance Sheet

Feb 27

Earnings and Revenue Growth Forecasts

SZSE:000568 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	44,398	19,233	18,650	19,978	17
12/31/2025	39,745	17,267	16,985	17,183	21
12/31/2024	34,675	15,116	13,938	17,544	16
6/30/2024	32,545	14,184	11,958	13,226	N/A
3/31/2024	31,812	14,108	12,048	13,499	N/A
12/31/2023	30,233	13,246	9,147	10,648	N/A
9/30/2023	29,541	12,714	9,805	11,003	N/A
6/30/2023	28,052	11,924	8,807	9,833	N/A
3/31/2023	26,422	11,202	7,695	8,640	N/A
1/1/2023	25,124	10,365	7,227	8,263	N/A
9/30/2022	24,057	9,897	8,357	10,055	N/A
6/30/2022	22,990	9,261	7,205	9,037	N/A
3/31/2022	21,951	8,664	5,665	7,520	N/A
1/1/2022	20,642	7,956	5,719	7,699	N/A
9/30/2021	19,164	7,466	4,442	6,075	N/A
6/30/2021	18,335	7,012	5,098	6,926	N/A
3/31/2021	18,104	6,465	4,396	6,542	N/A
12/31/2020	16,653	6,006	2,772	4,916	N/A
9/30/2020	15,939	5,662	795	4,294	N/A
6/30/2020	15,438	5,113	-422	3,864	N/A
3/31/2020	15,200	4,835	-525	3,964	N/A
12/31/2019	15,817	4,642	236	4,842	N/A
9/30/2019	15,269	4,530	1,803	5,381	N/A
6/30/2019	14,648	4,256	3,007	5,595	N/A
3/31/2019	13,855	3,942	2,633	4,510	N/A
12/31/2018	13,055	3,486	2,829	4,298	N/A
9/30/2018	12,378	3,312	2,649	3,730	N/A
6/30/2018	11,699	3,070	1,415	2,766	N/A
3/31/2018	11,094	2,819	N/A	3,907	N/A
12/31/2017	10,395	2,558	N/A	3,704	N/A
9/30/2017	9,990	2,454	N/A	3,100	N/A
6/30/2017	9,458	2,319	N/A	2,493	N/A
3/31/2017	9,078	2,162	N/A	2,164	N/A
12/31/2016	8,627	1,957	N/A	2,750	N/A
9/30/2016	7,804	1,649	N/A	2,014	N/A
6/30/2016	7,488	1,555	N/A	2,991	N/A
3/31/2016	7,210	1,525	N/A	1,201	N/A
12/31/2015	6,900	1,473	N/A	154	N/A
9/30/2015	5,593	958	N/A	-178	N/A
6/30/2015	5,413	942	N/A	-1,103	N/A
3/31/2015	5,698	927	N/A	75	N/A
12/31/2014	5,353	880	N/A	1,307	N/A
9/30/2014	7,049	1,979	N/A	1,626	N/A
6/30/2014	8,812	2,577	N/A	1,716	N/A
3/31/2014	8,911	2,788	N/A	1,947	N/A
12/31/2013	10,431	3,438	N/A	1,227	N/A
9/30/2013	11,703	4,142	N/A	2,451	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000568's forecast earnings growth (12% per year) is above the savings rate (2.9%).

Earnings vs Market: 000568's earnings (12% per year) are forecast to grow slower than the CN market (23.1% per year).

High Growth Earnings: 000568's earnings are forecast to grow, but not significantly.

Revenue vs Market: 000568's revenue (11.6% per year) is forecast to grow slower than the CN market (13.2% per year).

High Growth Revenue: 000568's revenue (11.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 000568's Return on Equity is forecast to be high in 3 years time (31.5%)

Luzhou LaojiaoLtd Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 8.6% to CN¥187

Price target decreased by 7.1% to CN¥203

Price target decreased by 7.1% to CN¥227

Price target decreased to CN¥253

Price target increased to CN¥271

Price target increased to CN¥255

Recent updates

We Think Luzhou LaojiaoLtd (SZSE:000568) Can Manage Its Debt With Ease

Price target decreased by 8.6% to CN¥187

Price target decreased by 7.1% to CN¥203

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Luzhou LaojiaoLtd (SZSE:000568) Will Pay A Larger Dividend Than Last Year At CN¥5.4

Dividend increased to CN¥5.40

Luzhou Laojiao Co.,Ltd Announces Final Dividend on A Shares, Payable on 23 August 2024

Price target decreased by 7.1% to CN¥227

Less than half of directors are independent

Luzhou Laojiao Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024

There Is A Reason Luzhou Laojiao Co.,Ltd's (SZSE:000568) Price Is Undemanding

Luzhou LaojiaoLtd (SZSE:000568) Could Easily Take On More Debt

Luzhou Laojiao Co.,Ltd, Annual General Meeting, Jun 27, 2024

Returns on Capital Paint A Bright Future For Luzhou LaojiaoLtd (SZSE:000568)

First quarter 2024 earnings: EPS exceeds analyst expectations

Is Luzhou Laojiao Co.,Ltd (SZSE:000568) Potentially Undervalued?

Luzhou Laojiao Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024

Luzhou Laojiao Co.,Ltd (SZSE:000568) Looks Inexpensive But Perhaps Not Attractive Enough

Luzhou LaojiaoLtd (SZSE:000568) Has A Rock Solid Balance Sheet

Luzhou Laojiao Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024

Luzhou Laojiao's Controlling Shareholder Plans to Raise Shareholding in the Company

Luzhou Laojiao's Controlling Shareholder Plans to Raise Shareholding in the Company

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Luzhou Laojiao Co.,Ltd to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of CN¥4.23 per share at 1.8% yield

Luzhou Laojiao Co.,Ltd Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 28 August 2023

Luzhou Laojiao Co.,Ltd., Annual General Meeting, Jun 29, 2023

Luzhou Laojiao Co.,Ltd. Proposes Final Cash Dividend for the Year 2022

Full year 2022 earnings released: EPS: CN¥7.06 (vs CN¥5.43 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Luzhou Laojiao Co.,Ltd. Announces Final Profit Distribution Plan for 2021, Payable on 26 August 2022

Luzhou Laojiao Co.,Ltd. Approves Final Cash Distribution for the Year 2021

Luzhou Laojiao Co.,Ltd., Annual General Meeting, Jun 29, 2022

Luzhou Laojiao Co.,Ltd. Proposes Final Distribution for the Year 2021

First quarter 2022 earnings: EPS exceeds analyst expectations

Less than half of directors are independent

Investor sentiment improved over the past week

Now 21% undervalued after recent price drop

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2021 earnings released: EPS CN¥1.39 (vs CN¥1.09 in 3Q 2020)

Investor sentiment improved over the past week

Price target decreased to CN¥253

Second quarter 2021 earnings released: EPS CN¥1.41 (vs CN¥1.03 in 2Q 2020)

Investor sentiment deteriorated over the past week

Price target increased to CN¥271

Price target increased to CN¥255

Luzhou Laojiao Co.,Ltd. Proposes Final Dividend for the Year 2020

First quarter 2021 earnings released: EPS CN¥1.48 (vs CN¥1.17 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥4.10 (vs CN¥3.17 in FY 2019)

New 90-day low: CN¥187

Investor sentiment deteriorated over the past week

New 90-day high: CN¥279

New 90-day high: CN¥266

Price target raised to CN¥184

Investor sentiment improved over the past week

New 90-day high: CN¥205

New 90-day high: CN¥198

Price target raised to CN¥150

Third quarter earnings released

Third-quarter earnings released: Earnings beat expectations, revenue disappoints

New 90-day high: CN¥163

New 90-day high: CN¥152

First half earnings released

Price target raised to CN¥125

New 90-day high - CN¥128