Shanghai Putailai New Energy TechnologyLtd Future Growth

Future criteria checks 4/6

Shanghai Putailai New Energy TechnologyLtd is forecast to grow earnings and revenue by 26.8% and 19.8% per annum respectively. EPS is expected to grow by 24.8% per annum. Return on equity is forecast to be 15.9% in 3 years.

Key information

26.8%

Earnings growth rate

24.8%

EPS growth rate

Chemicals earnings growth	32.3%
Revenue growth rate	19.8%
Future return on equity	15.9%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

Recent updates

Shanghai Putailai New Energy TechnologyLtd's (SHSE:603659) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 19

Shanghai Putailai New Energy Technology Co.,Ltd.'s (SHSE:603659) Shares Bounce 28% But Its Business Still Trails The Market

Apr 09

Earnings and Revenue Growth Forecasts

SHSE:603659 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	24,996	3,739	N/A	3,562	6
12/31/2025	23,275	3,330	830	4,200	12
12/31/2024	18,685	2,744	328	2,991	11
3/31/2024	14,675	1,654	-3,861	252	N/A
12/31/2023	15,340	1,912	-2,853	1,118	N/A
9/30/2023	15,738	2,460	-1,578	1,683	N/A
6/30/2023	16,375	3,013	-1,639	1,711	N/A
3/31/2023	16,032	3,170	-2,388	867	N/A
12/31/2022	15,464	3,104	-1,608	1,223	N/A
9/30/2022	14,115	2,791	-2,464	521	N/A
6/30/2022	11,968	2,370	-1,871	864	N/A
3/31/2022	10,387	2,051	-1,702	1,145	N/A
12/31/2021	8,996	1,749	-947	1,725	N/A
9/30/2021	8,229	1,483	15	1,780	N/A
6/30/2021	7,316	1,246	286	1,675	N/A
3/31/2021	6,201	909	15	980	N/A
12/31/2020	5,281	668	-56	694	N/A
9/30/2020	4,644	608	-244	604	N/A
6/30/2020	4,509	584	-381	518	N/A
3/31/2020	4,588	615	-185	773	N/A
12/31/2019	4,799	651	-561	490	N/A
9/30/2019	4,521	624	-750	331	N/A
6/30/2019	4,111	601	-310	597	N/A
3/31/2019	3,767	595	-588	185	N/A
12/31/2018	3,311	594	-466	326	N/A
9/30/2018	2,990	556	-464	256	N/A
6/30/2018	2,673	512	-759	-25	N/A
3/31/2018	2,418	499	-473	27	N/A
12/31/2017	2,249	451	N/A	37	N/A
9/30/2017	2,122	485	N/A	19	N/A
12/31/2016	1,677	354	N/A	213	N/A
12/31/2015	923	125	N/A	-46	N/A
12/31/2014	504	27	N/A	-28	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603659's forecast earnings growth (26.8% per year) is above the savings rate (2.9%).

Earnings vs Market: 603659's earnings (26.8% per year) are forecast to grow faster than the CN market (24.2% per year).

High Growth Earnings: 603659's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603659's revenue (19.8% per year) is forecast to grow faster than the CN market (14.7% per year).

High Growth Revenue: 603659's revenue (19.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603659's Return on Equity is forecast to be low in 3 years time (15.9%).

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Shanghai Putailai New Energy TechnologyLtd Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 15%

Price target decreased by 11% to CN¥24.92

Price target decreased by 14% to CN¥27.80

Price target decreased by 7.0% to CN¥34.13

Consensus EPS estimates fall by 26%

Price target decreased by 8.4% to CN¥33.96

Recent updates

Shanghai Putailai New Energy TechnologyLtd's (SHSE:603659) Weak Earnings May Only Reveal A Part Of The Whole Picture

Consensus EPS estimates fall by 15%

First quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.34 in 1Q 2023)

Shanghai Putailai New Energy Technology Co.,Ltd., Annual General Meeting, May 06, 2024

Shanghai Putailai New Energy Technology Co.,Ltd.'s (SHSE:603659) Shares Bounce 28% But Its Business Still Trails The Market

Shanghai Putailai New Energy Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 13, 2024

Price target decreased by 11% to CN¥24.92

Price target decreased by 14% to CN¥27.80

Shanghai Putailai New Energy Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024

New minor risk - Shareholder dilution

Price target decreased by 7.0% to CN¥34.13

Consensus EPS estimates fall by 26%

Price target decreased by 8.4% to CN¥33.96

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.0% to CN¥38.52

Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659) commences an Equity Buyback Plan for CNY 300 million worth of its shares, under the authorization approved on July 7, 2023.

Consensus revenue estimates fall by 11%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659) announces an Equity Buyback for CNY 300 million worth of its shares.

Consensus EPS estimates fall by 33%

Price target decreased by 7.1% to CN¥45.91

Upcoming dividend of CN¥0.34 per share at 0.7% yield

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Price target decreased to CN¥79.78

Less than half of directors are independent

Investor sentiment improved over the past week

Price target decreased to CN¥85.85

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Second quarter 2022 earnings released: EPS: CN¥0.55 (vs CN¥0.32 in 2Q 2021)

Shanghai Putailai New Energy Technology Co.,Ltd. announced that it expects to receive CNY 8.5 billion in funding

Investor sentiment improved over the past week

Less than half of directors are independent

Full year 2021 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.65 (vs CN¥0.36 in 3Q 2020)

Price target increased to CN¥188

Second quarter 2021 earnings released: EPS CN¥0.64 (vs CN¥0.17 in 2Q 2020)

Price target increased to CN¥118

Price target increased to CN¥109

Price target increased to CN¥106

Price target increased to CN¥104

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target increased to CN¥95.04

Price target increased to CN¥90.14

First quarter 2021 earnings released: EPS CN¥0.67 (vs CN¥0.21 in 1Q 2020)

Price target decreased to CN¥112

Full year 2020 earnings released: EPS CN¥1.52 (vs CN¥1.50 in FY 2019)

New 90-day low: CN¥97.32

Shanghai Putailai New Energy Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 16, 2021

Investor sentiment deteriorated over the past week

New 90-day high: CN¥124

Third quarter earnings released

Third-quarter earnings released: Revenue and earnings miss expectations

Price target raised to CN¥115

New 90-day high: CN¥119

Analysts lower EPS estimates to CN¥1.74

Earnings released

Price target raised to CN¥110

Shanghai Putailai New Energy Technology Co., Ltd. to Report First Half, 2020 Results on Aug 18, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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