Ningbo Changhong Polymer Scientific and Technical Future Growth
Future criteria checks 5/6
Ningbo Changhong Polymer Scientific and Technical is forecast to grow earnings and revenue by 56.3% and 23.7% per annum respectively. EPS is expected to grow by 56.5% per annum. Return on equity is forecast to be 15.5% in 3 years.
Key information
56.3%
Earnings growth rate
56.5%
EPS growth rate
| Chemicals earnings growth | 39.5% |
| Revenue growth rate | 23.7% |
| Future return on equity | 15.5% |
| Analyst coverage | Low |
| Last updated | 30 May 2024 |
Recent future growth updates
Recent updates
Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital
Oct 03
Ningbo Changhong Polymer Scientific and Technical's (SHSE:605008) Earnings Quality Is Low
Sep 06Is Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) A Risky Investment?
Jul 03Ningbo Changhong Polymer Scientific and Technical Inc.'s (SHSE:605008) P/S Is On The Mark
Jun 06Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital
May 07Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Use Of Debt Could Be Considered Risky
Mar 18Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4,864 | 443 | N/A | 360 | 1 |
| 12/31/2025 | 3,842 | 284 | N/A | 309 | 1 |
| 12/31/2024 | 3,140 | 188 | N/A | 1 | 1 |
| 9/30/2024 | 2,844 | 95 | -376 | 149 | N/A |
| 6/30/2024 | 2,325 | 108 | -332 | 217 | N/A |
| 3/31/2024 | 1,812 | 83 | -622 | 4 | N/A |
| 12/31/2023 | 1,416 | 95 | -454 | 233 | N/A |
| 9/30/2023 | 1,434 | 97 | -103 | 527 | N/A |
| 6/30/2023 | 1,624 | 130 | -295 | 348 | N/A |
| 3/31/2023 | 1,944 | 170 | -130 | 409 | N/A |
| 12/31/2022 | 2,372 | 180 | -428 | 74 | N/A |
| 9/30/2022 | 2,469 | 210 | -718 | -228 | N/A |
| 6/30/2022 | 2,382 | 235 | -754 | -275 | N/A |
| 3/31/2022 | 2,148 | 214 | -845 | -142 | N/A |
| 12/31/2021 | 1,733 | 185 | -735 | -61 | N/A |
| 9/30/2021 | 1,720 | 305 | -670 | 30 | N/A |
| 6/30/2021 | 1,504 | 306 | -415 | 156 | N/A |
| 3/31/2021 | 1,395 | 338 | -250 | 94 | N/A |
| 12/31/2020 | 1,297 | 302 | -152 | 53 | N/A |
| 9/30/2020 | 1,313 | 254 | -102 | 23 | N/A |
| 6/30/2020 | 1,219 | 209 | -214 | 45 | N/A |
| 3/31/2020 | 1,195 | 194 | -272 | 9 | N/A |
| 12/31/2019 | 1,157 | 215 | -138 | 176 | N/A |
| 12/31/2018 | 1,021 | 181 | 31 | 129 | N/A |
| 12/31/2017 | 491 | 69 | N/A | 58 | N/A |
| 12/31/2016 | 475 | 59 | N/A | 110 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 605008's forecast earnings growth (56.3% per year) is above the savings rate (2.8%).
Earnings vs Market: 605008's earnings (56.3% per year) are forecast to grow faster than the CN market (26.2% per year).
High Growth Earnings: 605008's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 605008's revenue (23.7% per year) is forecast to grow faster than the CN market (13.8% per year).
High Growth Revenue: 605008's revenue (23.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 605008's Return on Equity is forecast to be low in 3 years time (15.5%).