Zhejiang Huatong Meat Products Future Growth

Future criteria checks 6/6

Zhejiang Huatong Meat Products is forecast to grow earnings and revenue by 73.8% and 29.9% per annum respectively. EPS is expected to grow by 74.6% per annum. Return on equity is forecast to be 27.7% in 3 years.

Key information

73.8%

Earnings growth rate

74.6%

EPS growth rate

Food earnings growth	39.6%
Revenue growth rate	29.9%
Future return on equity	27.7%
Analyst coverage	Low
Last updated	24 Apr 2024

Recent future growth updates

Recent updates

Investors Still Aren't Entirely Convinced By Zhejiang Huatong Meat Products Co., Ltd.'s (SZSE:002840) Revenues Despite 30% Price Jump

Apr 03

Would Zhejiang Huatong Meat Products (SZSE:002840) Be Better Off With Less Debt?

Mar 26

Earnings and Revenue Growth Forecasts

SZSE:002840 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	21,313	1,809	2,844	3,200	2
12/31/2025	21,624	1,457	1,859	2,367	4
12/31/2024	14,976	758	922	1,411	2
12/31/2023	8,578	-605	-570	526	N/A
9/30/2023	9,197	-316	-643	408	N/A
6/30/2023	9,713	-210	-415	633	N/A
3/31/2023	9,720	71	-315	741	N/A
1/1/2023	9,452	88	-757	374	N/A
9/30/2022	8,516	-152	-904	301	N/A
6/30/2022	7,584	-360	-1,361	111	N/A
3/31/2022	7,423	-358	-1,811	25	N/A
1/1/2022	8,342	-192	-1,977	252	N/A
9/30/2021	8,939	49	-2,446	157	N/A
6/30/2021	9,433	168	-2,345	268	N/A
3/31/2021	9,341	168	-1,951	312	N/A
12/31/2020	8,836	135	-1,252	361	N/A
9/30/2020	8,454	133	-609	499	N/A
6/30/2020	8,351	133	-385	403	N/A
3/31/2020	8,503	128	-316	274	N/A
12/31/2019	7,706	132	-443	128	N/A
9/30/2019	6,841	141	-276	156	N/A
6/30/2019	6,089	152	-197	171	N/A
3/31/2019	5,189	151	-146	210	N/A
12/31/2018	5,118	150	-73	261	N/A
9/30/2018	5,074	120	-163	119	N/A
6/30/2018	4,892	121	-62	179	N/A
3/31/2018	4,833	120	-35	167	N/A
12/31/2017	4,693	108	54	193	N/A
9/30/2017	4,585	115	N/A	222	N/A
6/30/2017	4,546	114	N/A	211	N/A
3/31/2017	4,376	112	N/A	275	N/A
12/31/2016	3,992	92	N/A	264	N/A
9/30/2016	3,346	97	N/A	256	N/A
12/31/2015	1,944	75	N/A	139	N/A
12/31/2014	1,630	82	N/A	122	N/A
12/31/2013	1,503	57	N/A	82	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002840 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.9%).

Earnings vs Market: 002840 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 002840 is expected to become profitable in the next 3 years.

Revenue vs Market: 002840's revenue (29.9% per year) is forecast to grow faster than the CN market (14.6% per year).

High Growth Revenue: 002840's revenue (29.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002840's Return on Equity is forecast to be high in 3 years time (27.7%)

Zhejiang Huatong Meat Products Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target increased to CN¥25.65

Recent updates

Full year 2023 earnings: EPS and revenues miss analyst expectations

Zhejiang Huatong Meat Products Co., Ltd., Annual General Meeting, May 15, 2024

Investors Still Aren't Entirely Convinced By Zhejiang Huatong Meat Products Co., Ltd.'s (SZSE:002840) Revenues Despite 30% Price Jump

Zhejiang Huatong Meat Products Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Would Zhejiang Huatong Meat Products (SZSE:002840) Be Better Off With Less Debt?

Zhejiang Huatong Meat Products Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024

Insufficient new directors

Third quarter 2023 earnings released: CN¥0.003 loss per share (vs CN¥0.11 profit in 3Q 2022)

Second quarter 2023 earnings released: CN¥0.41 loss per share (vs CN¥0.055 profit in 2Q 2022)

Zhejiang Huatong Meat Products Co., Ltd. Approves Cash Dividend

High number of new directors

Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.26 loss in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.055 (vs CN¥0.12 in 2Q 2021)

Price target increased to CN¥25.65

Full year 2021 earnings: EPS and revenues miss analyst expectations

High number of new directors

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: CN¥0.26 loss per share (vs CN¥0.04 profit in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.074 in 2Q 2020)

Full year 2020 earnings released: EPS CN¥0.31 (vs CN¥0.31 in FY 2019)

Investor sentiment improved over the past week

Zhejiang Huatong Meat Products Co., Ltd. to Report Fiscal Year 2020 Results on Apr 16, 2021

Zhejiang Huatong Meat Products Co., Ltd. (SZSE:002840) completed the acquisition of Changxing Wenshi Huatong Animal Husbandry Co., Ltd. from Zhejiang Wenshi Huatong Animal Husbandry Co., Ltd.

New 90-day low: CN¥8.98

Zhejiang Huatong Meat Products Co., Ltd. (SZSE:002840) signed a share transfer agreement to acquire the remaining 30% stake in Hangzhou Huatong Food Trading Co., Ltd. from Cheng Longchao for CNY 1.

New 90-day low: CN¥9.79

New 90-day high: CN¥12.06

Zhejiang Huatong Meat Products Co., Ltd. (SZSE:002840) signed an equity transfer agreement to acquire the remaining 33% stake in Shaoyang Huatong Food Co., Ltd. from Shaoyang Xinlianxin Food Co., Ltd., for CNY 16.8 million.

Market bids up stock over the past week

New 90-day low: CN¥10.15

Third quarter earnings released

Zhejiang Huatong Meat Products Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020

New 90-day low: CN¥10.18

Earnings released

Zhejiang Huatong Meat Products Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020

Zhejiang Huatong Meat Products Co., Ltd. (SZSE:002840) completed the acquisition of a 67% stake in Shaoyang Huatong Food Co., Ltd. from Shaoyang Xinlianxin Food Co., Ltd.

Zhejiang Huatong Meat Products Co., Ltd. (SZSE:002840) entered into an agreement to acquire an additional 10% stake in Zhengkang (Yiwu) Pig Industry Co., Ltd. from Yang Zhihua for CNY 12.9 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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