Ningxia Building Materials GroupLtd Future Growth

Future criteria checks 4/6

Ningxia Building Materials GroupLtd is forecast to grow earnings and revenue by 41% and 17.5% per annum respectively. EPS is expected to grow by 40.8% per annum. Return on equity is forecast to be 5.4% in 3 years.

Key information

41.0%

Earnings growth rate

40.8%

EPS growth rate

Basic Materials earnings growth	49.1%
Revenue growth rate	17.5%
Future return on equity	5.4%
Analyst coverage	Low
Last updated	24 Oct 2024

Recent future growth updates

Recent updates

We Think Ningxia Building Materials GroupLtd (SHSE:600449) Can Stay On Top Of Its Debt

Nov 25

Market Might Still Lack Some Conviction On Ningxia Building Materials Group Co.,Ltd (SHSE:600449) Even After 29% Share Price Boost

Sep 27

Benign Growth For Ningxia Building Materials Group Co.,Ltd (SHSE:600449) Underpins Its Share Price

Jul 24

Ningxia Building Materials GroupLtd (SHSE:600449) Seems To Use Debt Quite Sensibly

May 28

Ningxia Building Materials GroupLtd's (SHSE:600449) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 30

Why Investors Shouldn't Be Surprised By Ningxia Building Materials Group Co.,Ltd's (SHSE:600449) 26% Share Price Surge

Mar 11

Earnings and Revenue Growth Forecasts

SHSE:600449 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	15,429	448	N/A	101	1
12/31/2025	13,657	331	N/A	1,704	1
12/31/2024	12,179	213	N/A	369	1
9/30/2024	9,695	177	398	669	N/A
6/30/2024	10,446	198	514	753	N/A
3/31/2024	10,837	275	907	1,194	N/A
12/31/2023	10,410	297	488	792	N/A
9/30/2023	9,675	222	938	1,209	N/A
6/30/2023	9,433	297	825	1,232	N/A
3/31/2023	8,816	521	-15	604	N/A
12/31/2022	8,658	529	181	787	N/A
9/30/2022	8,107	708	-168	465	N/A
6/30/2022	6,984	799	79	598	N/A
3/31/2022	6,189	814	578	834	N/A
12/31/2021	5,783	801	1,069	1,330	N/A
9/30/2021	5,382	836	851	1,088	N/A
6/30/2021	5,219	925	788	1,037	N/A
3/31/2021	5,306	984	920	1,187	N/A
12/31/2020	5,110	965	859	1,090	N/A
9/30/2020	5,033	981	934	1,102	N/A
6/30/2020	4,979	922	824	1,075	N/A
3/31/2020	4,694	807	770	938	N/A
12/31/2019	4,790	769	729	988	N/A
9/30/2019	4,695	689	852	1,023	N/A
6/30/2019	4,409	558	663	759	N/A
3/31/2019	4,288	461	456	607	N/A
12/31/2018	4,173	428	445	533	N/A
9/30/2018	4,073	400	245	342	N/A
6/30/2018	4,171	369	N/A	585	N/A
3/31/2018	4,313	310	N/A	786	N/A
12/31/2017	4,483	339	N/A	900	N/A
9/30/2017	4,510	256	N/A	1,055	N/A
6/30/2017	4,327	212	N/A	997	N/A
3/31/2017	3,951	91	N/A	768	N/A
12/31/2016	3,689	58	N/A	599	N/A
9/30/2016	3,459	87	N/A	500	N/A
6/30/2016	3,285	21	N/A	335	N/A
3/31/2016	3,184	9	N/A	354	N/A
12/31/2015	3,184	20	N/A	309	N/A
9/30/2015	3,204	15	N/A	317	N/A
6/30/2015	3,360	116	N/A	454	N/A
3/31/2015	3,759	250	N/A	389	N/A
12/31/2014	3,893	272	N/A	493	N/A
9/30/2014	4,234	373	N/A	534	N/A
6/30/2014	4,348	332	N/A	419	N/A
3/31/2014	4,247	308	N/A	465	N/A
12/31/2013	4,207	301	N/A	578	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600449's forecast earnings growth (41% per year) is above the savings rate (2.8%).

Earnings vs Market: 600449's earnings (41% per year) are forecast to grow faster than the CN market (26.1% per year).

High Growth Earnings: 600449's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600449's revenue (17.5% per year) is forecast to grow faster than the CN market (13.8% per year).

High Growth Revenue: 600449's revenue (17.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600449's Return on Equity is forecast to be low in 3 years time (5.4%).

Ningxia Building Materials GroupLtd Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 45% to CN¥11.41

Consensus forecasts updated

Price target raised to CN¥23.00

Recent updates

We Think Ningxia Building Materials GroupLtd (SHSE:600449) Can Stay On Top Of Its Debt

Third quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.29 in 3Q 2023)

Ningxia Building Materials Group Co.,Ltd to Report Q3, 2024 Results on Oct 24, 2024

Investor sentiment improves as stock rises 21%

Market Might Still Lack Some Conviction On Ningxia Building Materials Group Co.,Ltd (SHSE:600449) Even After 29% Share Price Boost

Price target decreased by 45% to CN¥11.41

Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.48 in 2Q 2023)

Benign Growth For Ningxia Building Materials Group Co.,Ltd (SHSE:600449) Underpins Its Share Price

Ningxia Building Materials Group Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024

Ningxia Building Materials GroupLtd (SHSE:600449) Seems To Use Debt Quite Sensibly

Ningxia Building Materials GroupLtd's (SHSE:600449) Shareholders Have More To Worry About Than Only Soft Earnings

Ningxia Building Materials Group Co.,Ltd to Report Q1, 2024 Results on Apr 24, 2024

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

Ningxia Building Materials Group Co.,Ltd, Annual General Meeting, Apr 23, 2024

Now 22% undervalued after recent price drop

Why Investors Shouldn't Be Surprised By Ningxia Building Materials Group Co.,Ltd's (SHSE:600449) 26% Share Price Surge

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 24%

Now 25% undervalued after recent price drop

Ningxia Building Materials Group Co.,Ltd to Report Fiscal Year 2023 Results on Mar 28, 2024

Third quarter 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.45 in 3Q 2022)

Now 24% undervalued

New minor risk - Share price stability

Ningxia Building Materials Group Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023

Second quarter 2023 earnings released: EPS: CN¥0.48 (vs CN¥0.79 in 2Q 2022)

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 19%

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.64 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.79 (vs CN¥0.80 in 2Q 2021)

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Consensus forecasts updated

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

Third quarter 2021 earnings released: EPS CN¥0.64 (vs CN¥0.83 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.80 (vs CN¥0.83 in 2Q 2020)

Upcoming dividend of CN¥0.67 per share

First quarter 2021 earnings released: EPS CN¥0.004 (vs CN¥0.04 loss in 1Q 2020)

Full year 2020 earnings released: EPS CN¥2.02 (vs CN¥1.61 in FY 2019)

Full year 2020 earnings released: EPS CN¥2.02 (vs CN¥1.61 in FY 2019)

Earnings beat expectations, revenue disappoints

New 90-day high: CN¥15.12

New 90-day low: CN¥12.61

Ningxia Building Materials Group Co.,Ltd to Report Fiscal Year 2020 Results on Mar 19, 2021

New 90-day low: CN¥12.84

New 90-day low: CN¥14.07

Price target raised to CN¥23.00

New 90-day low: CN¥14.12

Third quarter earnings released

Ningxia Building Materials Group Co., Ltd. to Report Q3, 2020 Results on Oct 21, 2020

First half earnings released

New 90-day high - CN¥18.96

New 90-day high - CN¥15.70

Ningxia Building Materials Group Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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