Red Avenue New Materials Group Future Growth
Future criteria checks 2/6
Red Avenue New Materials Group is forecast to grow earnings and revenue by 18.9% and 17.9% per annum respectively. EPS is expected to grow by 18.9% per annum. Return on equity is forecast to be 15.2% in 3 years.
Key information
18.9%
Earnings growth rate
18.9%
EPS growth rate
Chemicals earnings growth | 32.3% |
Revenue growth rate | 17.9% |
Future return on equity | 15.2% |
Analyst coverage | Low |
Last updated | 30 Apr 2024 |
Recent future growth updates
No updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 5,095 | 786 | N/A | 595 | 2 |
12/31/2025 | 4,400 | 625 | N/A | 423 | 3 |
12/31/2024 | 3,752 | 509 | N/A | 523 | 3 |
3/31/2024 | 3,060 | 468 | -25 | 183 | N/A |
12/31/2023 | 2,944 | 407 | 14 | 184 | N/A |
9/30/2023 | 2,849 | 408 | -254 | -52 | N/A |
6/30/2023 | 2,693 | 337 | -230 | 101 | N/A |
3/31/2023 | 2,594 | 309 | -233 | 90 | N/A |
12/31/2022 | 2,500 | 298 | -260 | 103 | N/A |
9/30/2022 | 2,453 | 291 | -311 | 420 | N/A |
6/30/2022 | 2,325 | 274 | -336 | 306 | N/A |
3/31/2022 | 2,318 | 253 | -353 | 350 | N/A |
12/31/2021 | 2,320 | 327 | -354 | 345 | N/A |
9/30/2021 | 2,260 | 357 | 10 | 365 | N/A |
6/30/2021 | 2,275 | 468 | 92 | 301 | N/A |
3/31/2021 | 2,163 | 492 | 101 | 267 | N/A |
12/31/2020 | 2,046 | 410 | 94 | 207 | N/A |
9/30/2020 | 2,070 | 332 | 129 | 231 | N/A |
6/30/2020 | 2,025 | 277 | 199 | 301 | N/A |
3/31/2020 | 2,150 | 292 | 335 | 404 | N/A |
12/31/2019 | 2,208 | 331 | 347 | 419 | N/A |
9/30/2019 | 2,183 | 418 | 403 | 518 | N/A |
6/30/2019 | 2,219 | 425 | 236 | 367 | N/A |
3/31/2019 | 2,188 | 405 | 194 | 371 | N/A |
12/31/2018 | 2,175 | 412 | 184 | 352 | N/A |
9/30/2018 | 2,138 | 414 | 94 | 188 | N/A |
6/30/2018 | 2,108 | 387 | 244 | 320 | N/A |
3/31/2018 | 1,948 | 351 | 153 | 178 | N/A |
12/31/2017 | 1,901 | 315 | N/A | 229 | N/A |
12/31/2016 | 1,733 | 263 | N/A | 255 | N/A |
12/31/2015 | 1,560 | 77 | N/A | 170 | N/A |
12/31/2014 | 1,788 | 144 | N/A | 118 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603650's forecast earnings growth (18.9% per year) is above the savings rate (2.9%).
Earnings vs Market: 603650's earnings (18.9% per year) are forecast to grow slower than the CN market (24.1% per year).
High Growth Earnings: 603650's earnings are forecast to grow, but not significantly.
Revenue vs Market: 603650's revenue (17.9% per year) is forecast to grow faster than the CN market (14.6% per year).
High Growth Revenue: 603650's revenue (17.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603650's Return on Equity is forecast to be low in 3 years time (15.2%).