Earnings Miss: Jiangyin Jianghua Microelectronics Materials Co., Ltd Missed EPS By 24% And Analysts Are Revising Their Forecasts

The analysts might have been a bit too bullish on Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078), given that the company fell short of expectations when it released its annual results last week. Unfortunately, Jiangyin Jianghua Microelectronics Materials delivered a serious earnings miss. Revenues of CN¥1.1b were 12% below expectations, and statutory earnings per share of CN¥0.26 missed estimates by 24%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the most recent consensus for Jiangyin Jianghua Microelectronics Materials from three analysts is for revenues of CN¥1.28b in 2025. If met, it would imply a meaningful 16% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to leap 29% to CN¥0.33. In the lead-up to this report, the analysts had been modelling revenues of CN¥1.58b and earnings per share (EPS) of CN¥0.47 in 2025. It looks like sentiment has declined substantially in the aftermath of these results, with a real cut to revenue estimates and a pretty serious reduction to earnings per share numbers as well.

See our latest analysis for Jiangyin Jianghua Microelectronics Materials

The analysts made no major changes to their price target of CN¥18.58, suggesting the downgrades are not expected to have a long-term impact on Jiangyin Jianghua Microelectronics Materials' valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Jiangyin Jianghua Microelectronics Materials, with the most bullish analyst valuing it at CN¥21.15 and the most bearish at CN¥16.00 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Jiangyin Jianghua Microelectronics Materials is an easy business to forecast or the the analysts are all using similar assumptions.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 16% growth on an annualised basis. That is in line with its 17% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 16% per year. It's clear that while Jiangyin Jianghua Microelectronics Materials' revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Jiangyin Jianghua Microelectronics Materials. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Jiangyin Jianghua Microelectronics Materials going out to 2027, and you can see them free on our platform here.

We also provide an overview of the Jiangyin Jianghua Microelectronics Materials Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.