Shida Shinghwa Advanced Material Group Future Growth

Future criteria checks 3/6

Shida Shinghwa Advanced Material Group is forecast to grow earnings and revenue by 57.8% and 6.6% per annum respectively. EPS is expected to grow by 58.1% per annum. Return on equity is forecast to be 6.1% in 3 years.

Key information

57.8%

Earnings growth rate

58.1%

EPS growth rate

Chemicals earnings growth	30.3%
Revenue growth rate	6.6%
Future return on equity	6.1%
Analyst coverage	Low
Last updated	20 May 2024

Recent future growth updates

Recent updates

Does Shida Shinghwa Advanced Material Group (SHSE:603026) Have A Healthy Balance Sheet?

May 24

Shinghwa Advanced Material Group Co., Ltd.'s (SHSE:603026) Revenues Are Not Doing Enough For Some Investors

Apr 12

Earnings and Revenue Growth Forecasts

SHSE:603026 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,538	356	N/A	745	1
12/31/2025	6,256	237	N/A	584	1
12/31/2024	5,962	146	N/A	530	1
3/31/2024	5,395	38	-1,085	-426	N/A
12/31/2023	5,635	19	-1,250	-432	N/A
9/30/2023	6,250	99	-1,332	-339	N/A
6/30/2023	7,748	259	-1,255	-383	N/A
3/31/2023	8,006	448	-778	70	N/A
12/31/2022	8,316	891	128	848	N/A
9/30/2022	8,467	1,299	930	1,320	N/A
6/30/2022	6,837	1,238	1,206	1,633	N/A
3/31/2022	7,142	1,397	763	1,279	N/A
12/31/2021	7,056	1,178	535	960	N/A
9/30/2021	6,613	944	625	1,111	N/A
6/30/2021	6,387	893	592	999	N/A
3/31/2021	5,289	509	562	876	N/A
12/31/2020	4,475	260	557	793	N/A
9/30/2020	4,016	63	-148	-45	N/A
6/30/2020	4,037	42	-208	-167	N/A
3/31/2020	4,377	156	-106	-73	N/A
12/31/2019	4,643	308	-203	-119	N/A
9/30/2019	5,036	338	313	415	N/A
6/30/2019	4,935	298	319	446	N/A
3/31/2019	5,215	273	249	352	N/A
12/31/2018	5,331	205	367	422	N/A
9/30/2018	5,247	223	276	292	N/A
6/30/2018	5,033	232	212	224	N/A
3/31/2018	4,903	209	202	223	N/A
12/31/2017	4,771	186	N/A	81	N/A
9/30/2017	4,455	167	N/A	-79	N/A
6/30/2017	4,463	155	N/A	35	N/A
3/31/2017	4,044	175	N/A	-5	N/A
12/31/2016	3,791	170	N/A	148	N/A
9/30/2016	3,673	135	N/A	418	N/A
6/30/2016	3,693	111	N/A	458	N/A
3/31/2016	3,650	60	N/A	446	N/A
12/31/2015	3,454	44	N/A	462	N/A
9/30/2015	3,393	12	N/A	401	N/A
6/30/2015	3,826	24	N/A	427	N/A
3/31/2015	4,460	35	N/A	499	N/A
12/31/2014	5,130	43	N/A	418	N/A
9/30/2014	5,495	100	N/A	458	N/A
6/30/2014	5,606	101	N/A	539	N/A
3/31/2014	5,265	91	N/A	341	N/A
12/31/2013	5,001	99	N/A	439	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603026's forecast earnings growth (57.8% per year) is above the savings rate (2.9%).

Earnings vs Market: 603026's earnings (57.8% per year) are forecast to grow faster than the CN market (22.2% per year).

High Growth Earnings: 603026's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603026's revenue (6.6% per year) is forecast to grow slower than the CN market (13.7% per year).

High Growth Revenue: 603026's revenue (6.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603026's Return on Equity is forecast to be low in 3 years time (6.1%).

Shida Shinghwa Advanced Material Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 19%

Price target decreased by 9.4% to CN¥91.78

Price target decreased to CN¥102

Price target decreased to CN¥102

Consensus EPS estimates fall by 13%

Price target decreased to CN¥143

Recent updates

Does Shida Shinghwa Advanced Material Group (SHSE:603026) Have A Healthy Balance Sheet?

Full year 2023 earnings released: EPS: CN¥0.09 (vs CN¥4.39 in FY 2022)

Shinghwa Advanced Material Group Co., Ltd., Annual General Meeting, May 16, 2024

Shinghwa Advanced Material Group Co., Ltd.'s (SHSE:603026) Revenues Are Not Doing Enough For Some Investors

Investor sentiment improves as stock rises 15%

Shinghwa Advanced Material Group Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024

Investor sentiment deteriorates as stock falls 18%

New minor risk - Share price stability

Shinghwa Advanced Material Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024

Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥1.04 in 3Q 2022)

Less than half of directors are independent

Shinghwa Advanced Material Group Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023

Second quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.99 in 2Q 2022)

Consensus EPS estimates fall by 19%

Shinghwa Advanced Material Group Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023

New minor risk - Dividend sustainability

Price target decreased by 9.4% to CN¥91.78

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Price target decreased to CN¥102

Less than half of directors are independent

Price target decreased to CN¥102

Third quarter 2022 earnings released: EPS: CN¥1.04 (vs CN¥0.74 in 3Q 2021)

Now 22% undervalued after recent price drop

Now 22% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: CN¥0.99 (vs CN¥1.78 in 2Q 2021)

Shandong Shida Shenghua Chemical Group Company Limited announced that it expects to receive CNY 4.5 billion in funding

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Consensus EPS estimates fall by 13%

Price target decreased to CN¥143

Less than half of directors are independent

Now 23% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.74 (vs CN¥0.49 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥1.78 (vs CN¥0.12 loss in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥1.14 (vs CN¥0.09 loss in 1Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥1.28 (vs CN¥1.52 in FY 2019)

Shandong Shida Shenghua Chemical Group Company Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day low: CN¥43.29

New 90-day high: CN¥56.31

Third quarter 2020 earnings released: EPS CN¥0.49

Shandong Shida Shenghua Chemical Group Company Limited to Report Q3, 2020 Results on Oct 31, 2020

New 90-day high - CN¥42.50

First half earnings released

Qingdao Military-Civilian Integration Development Group Co.,Ltd. and Qingdao Development Zone Investment Construction Group Co., Ltd completed the acquisition of 15% stake in Shandong Shida Shenghua Chemical Group Company Limited (SHSE:603026) from China University of Petroleum Holdings Ltd.

Shandong Shida Shenghua Chemical Group Company Limited 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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