GEM Future Growth

Future criteria checks 4/6

GEM is forecast to grow earnings and revenue by 28.7% and 14.8% per annum respectively. EPS is expected to grow by 33% per annum. Return on equity is forecast to be 11.1% in 3 years.

Key information

28.7%

Earnings growth rate

33.0%

EPS growth rate

Metals and Mining earnings growth	24.9%
Revenue growth rate	14.8%
Future return on equity	11.1%
Analyst coverage	Good
Last updated	29 Aug 2024

Recent future growth updates

GEM Co., Ltd. (SZSE:002340) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

May 01

Recent updates

We Think That There Are Some Issues For GEM (SZSE:002340) Beyond Its Promising Earnings

May 03

GEM Co., Ltd. (SZSE:002340) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

May 01

GEM (SZSE:002340) Might Be Having Difficulty Using Its Capital Effectively

Mar 21

Further Upside For GEM Co., Ltd. (SZSE:002340) Shares Could Introduce Price Risks After 25% Bounce

Mar 04

Earnings and Revenue Growth Forecasts

SZSE:002340 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	48,973	2,538	1,962	3,792	6
12/31/2025	41,634	1,895	-250	3,009	7
12/31/2024	34,641	1,475	8	4,689	7
6/30/2024	34,927	1,223	-6,325	2,860	N/A
3/31/2024	32,754	1,218	-3,962	2,879	N/A
12/31/2023	30,529	934	-3,231	2,164	N/A
9/30/2023	28,246	838	-3,185	1,645	N/A
6/30/2023	28,407	1,028	-2,205	2,117	N/A
3/31/2023	28,554	1,137	-2,610	1,778	N/A
1/1/2023	29,392	1,296	-4,150	-17	N/A
9/30/2022	27,784	1,213	-4,245	-504	N/A
6/30/2022	25,225	1,067	-4,597	-803	N/A
3/31/2022	22,538	979	-4,762	-1,442	N/A
1/1/2022	19,301	923	-2,428	742	N/A
9/30/2021	16,714	803	-1,922	857	N/A
6/30/2021	14,853	736	-1,323	869	N/A
3/31/2021	13,904	578	-1,177	797	N/A
12/31/2020	12,466	413	-572	854	N/A
9/30/2020	13,165	457	-1,067	396	N/A
6/30/2020	13,764	536	-752	641	N/A
3/31/2020	13,504	670	-43	1,109	N/A
12/31/2019	14,354	735	-617	737	N/A
9/30/2019	13,481	816	-329	916	N/A
6/30/2019	13,056	733	-1,252	680	N/A
3/31/2019	13,973	735	-1,245	594	N/A
1/1/2019	13,878	730	-677	985	N/A
9/30/2018	13,716	741	-1,690	559	N/A
6/30/2018	13,492	749	-754	553	N/A
3/31/2018	12,107	680	N/A	256	N/A
12/31/2017	10,752	610	N/A	233	N/A
9/30/2017	9,925	453	N/A	1,209	N/A
6/30/2017	8,837	364	N/A	802	N/A
3/31/2017	8,297	299	N/A	403	N/A
12/31/2016	7,836	264	N/A	116	N/A
9/30/2016	7,078	164	N/A	-461	N/A
6/30/2016	6,148	194	N/A	-325	N/A
3/31/2016	5,544	176	N/A	-119	N/A
12/31/2015	5,117	154	N/A	-299	N/A
9/30/2015	4,234	244	N/A	-208	N/A
6/30/2015	4,293	243	N/A	-119	N/A
3/31/2015	3,958	221	N/A	-63	N/A
12/31/2014	3,909	211	N/A	23	N/A
9/30/2014	4,228	183	N/A	-201	N/A
6/30/2014	4,028	173	N/A	-103	N/A
3/31/2014	3,706	156	N/A	-105	N/A
12/31/2013	3,486	144	N/A	23	N/A
9/30/2013	2,682	144	N/A	-302	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002340's forecast earnings growth (28.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 002340's earnings (28.7% per year) are forecast to grow faster than the CN market (17% per year).

High Growth Earnings: 002340's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 002340's revenue (14.8% per year) is forecast to grow faster than the CN market (10.5% per year).

High Growth Revenue: 002340's revenue (14.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002340's Return on Equity is forecast to be low in 3 years time (11.1%).

GEM Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 34%

Price target increased by 10% to CN¥6.25

Consensus EPS estimates fall by 35%

GEM Co., Ltd. (SZSE:002340) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Price target decreased by 12% to CN¥5.99

Price target decreased by 8.2% to CN¥7.00

Recent updates

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

GEM (SZSE:002340) Use Of Debt Could Be Considered Risky

GEM Co., Ltd.'s (SZSE:002340) Share Price Matching Investor Opinion

Dividend increased to CN¥0.08

GEM Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024

GEM Co., Ltd. Announces Final Cash Dividend (Tax Included) on A Shares for the Year 2023, Payable on July 4, 2024

Gem Co., Ltd. Approves Cash Dividend for the Year 2023

Here's Why GEM (SZSE:002340) Is Weighed Down By Its Debt Load

Consensus EPS estimates increase by 34%

Price target increased by 10% to CN¥6.25

We Think That There Are Some Issues For GEM (SZSE:002340) Beyond Its Promising Earnings

Consensus EPS estimates fall by 35%

GEM Co., Ltd. (SZSE:002340) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

GEM Co., Ltd., Annual General Meeting, May 22, 2024

First quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.03 in 1Q 2023)

GEM Co., Ltd., Annual General Meeting, May 22, 2024

Now 25% overvalued after recent price rise

GEM Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

GEM (SZSE:002340) Might Be Having Difficulty Using Its Capital Effectively

Investor sentiment improves as stock rises 16%

Further Upside For GEM Co., Ltd. (SZSE:002340) Shares Could Introduce Price Risks After 25% Bounce

Investor sentiment improves as stock rises 20%

Price target decreased by 12% to CN¥5.99

GEM Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024

Price target decreased by 8.2% to CN¥7.00

New minor risk - Profit margin trend

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 18%

Consensus revenue estimates decrease by 15%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Gem Co., Ltd. Implements Final Cash Dividend for A Shares for the Year 2022, Payable on July 14, 2023

GEM Co., Ltd. (SZSE:002340) announces an Equity Buyback for CNY 150 million worth of its shares.

GEM Co., Ltd. (SZSE:002340) announces an Equity Buyback for CNY 150 million worth of its shares.

GEM Co., Ltd. Approves Final Cash Dividend for the Year 2022

GEM Co., Ltd., Annual General Meeting, May 24, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.3% to CN¥8.33

High number of new and inexperienced directors

Consensus revenue estimates fall by 13%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to CN¥9.26

GEM Co., Ltd. Implements Cash Dividend, Payable on 17 June 2022

Consensus forecasts updated

GEM Co., Ltd. Announces Dividend for 2021

Consensus EPS estimates increase by 22%

Consensus forecasts updated

Price target decreased to CN¥11.11

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

High number of new and inexperienced directors

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.02 in 3Q 2020)

Price target increased to CN¥12.92

Price target increased to CN¥11.44

Second quarter 2021 earnings released: EPS CN¥0.051 (vs CN¥0.021 in 2Q 2020)

Price target increased to CN¥10.63

GEM Co., Ltd. Approves Dividend for the Year 2020

First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.03 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.09 (vs CN¥0.18 in FY 2019)

Price target raised to CN¥7.17

Investor sentiment improved over the past week

Analysts lower EPS estimates to CN¥0.11

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: CN¥5.40

Analysts update estimates

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS CN¥0.021