Qingdao NovelBeam TechnologyLtd Future Growth

Future criteria checks 5/6

Qingdao NovelBeam TechnologyLtd is forecast to grow earnings and revenue by 34.7% and 29.1% per annum respectively. EPS is expected to grow by 34.6% per annum. Return on equity is forecast to be 16.2% in 3 years.

Key information

34.7%

Earnings growth rate

34.6%

EPS growth rate

Medical Equipment earnings growth	26.6%
Revenue growth rate	29.1%
Future return on equity	16.2%
Analyst coverage	Good
Last updated	19 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

XSSC:688677 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	873	323	N/A	305	6
12/31/2025	716	267	N/A	224	6
12/31/2024	567	203	N/A	212	6
9/30/2024	413	125	89	141	N/A
6/30/2024	423	127	81	141	N/A
3/31/2024	440	136	119	180	N/A
12/31/2023	471	146	102	158	N/A
9/30/2023	513	161	83	130	N/A
6/30/2023	548	192	69	118	N/A
3/31/2023	532	195	35	99	N/A
12/31/2022	477	183	3	104	N/A
9/30/2022	431	166	-17	109	N/A
6/30/2022	370	139	-28	108	N/A
3/31/2022	336	127	-37	96	N/A
12/31/2021	310	118	4	104	N/A
9/30/2021	294	113	26	124	N/A
6/30/2021	276	105	43	136	N/A
3/31/2021	271	92	45	121	N/A
12/31/2020	275	96	46	115	N/A
9/30/2020	259	89	47	93	N/A
12/31/2019	253	72	43	84	N/A
12/31/2018	201	55	14	48	N/A
6/30/2018	166	39	N/A	48	N/A
3/31/2018	176	48	N/A	71	N/A
12/31/2017	181	51	N/A	66	N/A
9/30/2017	169	48	N/A	69	N/A
6/30/2017	159	46	N/A	67	N/A
12/31/2016	139	33	N/A	37	N/A
9/30/2016	129	30	N/A	27	N/A
6/30/2016	119	27	N/A	18	N/A
3/31/2016	97	21	N/A	17	N/A
12/31/2015	74	16	N/A	16	N/A
12/31/2014	68	7	N/A	14	N/A
12/31/2013	52	-1	N/A	22	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688677's forecast earnings growth (34.7% per year) is above the savings rate (2.8%).

Earnings vs Market: 688677's earnings (34.7% per year) are forecast to grow faster than the CN market (26.1% per year).

High Growth Earnings: 688677's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688677's revenue (29.1% per year) is forecast to grow faster than the CN market (13.9% per year).

High Growth Revenue: 688677's revenue (29.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 688677's Return on Equity is forecast to be low in 3 years time (16.2%).

Qingdao NovelBeam TechnologyLtd Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.23 in 3Q 2023)

Investor sentiment deteriorates as stock falls 16%

New minor risk - Share price stability

Qingdao NovelBeam Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024

Investor sentiment improves as stock rises 20%

Qingdao NovelBeam Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 16, 2024

Now 22% undervalued after recent price drop

Qingdao NovelBeam Technology Co.,Ltd., Annual General Meeting, May 17, 2024

First quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.40 in 1Q 2023)

Investor sentiment deteriorates as stock falls 15%

Qingdao NovelBeam Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024

Full year 2023 earnings released: EPS: CN¥1.21 (vs CN¥1.50 in FY 2022)

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.49 in 3Q 2022)

Qingdao NovelBeam Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023

Insufficient new directors

First quarter 2023 earnings released: EPS: CN¥0.56 (vs CN¥0.41 in 1Q 2022)

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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