Rongsheng Petrochemical Future Growth
Future criteria checks 3/6
Rongsheng Petrochemical is forecast to grow earnings and revenue by 63.7% and 9.3% per annum respectively. EPS is expected to grow by 60.5% per annum. Return on equity is forecast to be 11.9% in 3 years.
Key information
63.7%
Earnings growth rate
60.5%
EPS growth rate
| Chemicals earnings growth | 39.3% |
| Revenue growth rate | 9.3% |
| Future return on equity | 11.9% |
| Analyst coverage | Good |
| Last updated | 31 Oct 2024 |
Recent future growth updates
Recent updates
Rongsheng Petrochemical (SZSE:002493) Has A Somewhat Strained Balance Sheet
Oct 15
Is Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Potentially Undervalued?
Sep 30The Return Trends At Rongsheng Petrochemical (SZSE:002493) Look Promising
Sep 13Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Business And Shares Still Trailing The Industry
Jun 28Why Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Could Be Worth Watching
Jun 13Here's Why Rongsheng Petrochemical (SZSE:002493) Is Weighed Down By Its Debt Load
May 28Rongsheng Petrochemical Co., Ltd. Beat Revenue Forecasts By 5.2%: Here's What Analysts Are Forecasting Next
Apr 28Returns On Capital At Rongsheng Petrochemical (SZSE:002493) Have Hit The Brakes
Apr 27Lacklustre Performance Is Driving Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Low P/S
Mar 25Rongsheng Petrochemical (SZSE:002493) Has Debt But No Earnings; Should You Worry?
Feb 27Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 407,022 | 7,221 | 12,570 | 39,596 | 8 |
| 12/31/2025 | 372,632 | 5,525 | -1,284 | 36,649 | 9 |
| 12/31/2024 | 339,265 | 1,231 | -5,588 | 26,552 | 7 |
| 9/30/2024 | 331,261 | 1,927 | 14,467 | 50,046 | N/A |
| 6/30/2024 | 331,836 | 3,143 | 3,762 | 38,751 | N/A |
| 3/31/2024 | 336,479 | 3,178 | 7,567 | 43,269 | N/A |
| 12/31/2023 | 325,112 | 1,158 | -4,564 | 28,079 | N/A |
| 9/30/2023 | 303,024 | -2,003 | -43,449 | -15,871 | N/A |
| 6/30/2023 | 295,993 | -3,153 | -38,519 | -14,300 | N/A |
| 3/31/2023 | 290,214 | -1,243 | -39,310 | -10,601 | N/A |
| 1/1/2023 | 289,095 | 3,341 | -10,400 | 19,058 | N/A |
| 9/30/2022 | 278,836 | 8,565 | -1,974 | 32,615 | N/A |
| 6/30/2022 | 246,286 | 12,037 | -5,059 | 42,533 | N/A |
| 3/31/2022 | 217,095 | 13,730 | -878 | 46,962 | N/A |
| 1/1/2022 | 183,075 | 13,236 | -24,682 | 33,565 | N/A |
| 9/30/2021 | 159,007 | 11,778 | -19,862 | 47,425 | N/A |
| 6/30/2021 | 141,399 | 10,667 | -23,845 | 37,975 | N/A |
| 3/31/2021 | 120,793 | 8,704 | -38,976 | 24,836 | N/A |
| 12/31/2020 | 107,265 | 7,309 | -38,339 | 17,507 | N/A |
| 9/30/2020 | 100,457 | 6,013 | -42,813 | -2,363 | N/A |
| 6/30/2020 | 93,291 | 4,368 | -40,642 | -3,698 | N/A |
| 3/31/2020 | 87,091 | 2,828 | -38,543 | -6,026 | N/A |
| 12/31/2019 | 82,500 | 2,207 | -38,938 | -2,052 | N/A |
| 9/30/2019 | 88,044 | 1,624 | -39,917 | 6,163 | N/A |
| 6/30/2019 | 93,406 | 1,508 | -42,506 | 7,098 | N/A |
| 3/31/2019 | 89,782 | 1,577 | -39,372 | 6,575 | N/A |
| 12/31/2018 | 91,425 | 1,608 | -32,343 | 4,835 | N/A |
| 9/30/2018 | 82,716 | 2,291 | -26,443 | 3,281 | N/A |
| 6/30/2018 | 74,349 | 2,060 | N/A | 6,162 | N/A |
| 3/31/2018 | 74,545 | 2,031 | N/A | 3,531 | N/A |
| 12/31/2017 | 72,039 | 2,017 | N/A | 4,109 | N/A |
| 9/30/2017 | 66,456 | 2,247 | N/A | 3,915 | N/A |
| 6/30/2017 | 62,200 | 2,296 | N/A | 1,610 | N/A |
| 3/31/2017 | 53,885 | 2,391 | N/A | 3,305 | N/A |
| 12/31/2016 | 45,501 | 1,921 | N/A | 2,781 | N/A |
| 9/30/2016 | 40,600 | 1,524 | N/A | 519 | N/A |
| 6/30/2016 | 34,923 | 913 | N/A | -2,144 | N/A |
| 3/31/2016 | 30,669 | 491 | N/A | -1,326 | N/A |
| 12/31/2015 | 28,674 | 352 | N/A | -1,070 | N/A |
| 9/30/2015 | 26,298 | -303 | N/A | -123 | N/A |
| 6/30/2015 | 26,860 | -129 | N/A | 1,567 | N/A |
| 3/31/2015 | 29,372 | -193 | N/A | 3,060 | N/A |
| 12/31/2014 | 31,811 | -347 | N/A | 3,712 | N/A |
| 9/30/2014 | 31,149 | 87 | N/A | 3,642 | N/A |
| 6/30/2014 | 32,429 | 116 | N/A | 1,055 | N/A |
| 3/31/2014 | 31,389 | 73 | N/A | -1,236 | N/A |
| 12/31/2013 | 29,356 | 230 | N/A | -2,160 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002493's forecast earnings growth (63.7% per year) is above the savings rate (2.8%).
Earnings vs Market: 002493's earnings (63.7% per year) are forecast to grow faster than the CN market (25.9% per year).
High Growth Earnings: 002493's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002493's revenue (9.3% per year) is forecast to grow slower than the CN market (13.8% per year).
High Growth Revenue: 002493's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002493's Return on Equity is forecast to be low in 3 years time (11.9%).