Shandong Hi-tech Spring Material Technology Future Growth
Future criteria checks 3/6
Shandong Hi-tech Spring Material Technology is forecast to grow earnings and revenue by 96% and 10.5% per annum respectively. EPS is expected to grow by 128.4% per annum. Return on equity is forecast to be 4.8% in 3 years.
Key information
96.0%
Earnings growth rate
128.4%
EPS growth rate
| Chemicals earnings growth | 31.0% |
| Revenue growth rate | 10.5% |
| Future return on equity | 4.8% |
| Analyst coverage | Low |
| Last updated | 14 May 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 | 4,644 | 323 | N/A | 616 | 1 |
| 12/31/2025 | 3,723 | 110 | N/A | 24 | 1 |
| 12/31/2024 | 3,619 | 52 | N/A | 466 | 1 |
| 3/31/2024 | 3,448 | -61 | -1,038 | -40 | N/A |
| 12/31/2023 | 3,363 | 32 | -1,116 | -62 | N/A |
| 9/30/2023 | 3,364 | 20 | -1,037 | 116 | N/A |
| 6/30/2023 | 3,042 | 22 | -1,064 | -104 | N/A |
| 3/31/2023 | 2,858 | 23 | -1,286 | 294 | N/A |
| 1/1/2023 | 3,029 | 284 | -895 | 488 | N/A |
| 12/31/2021 | 3,072 | 607 | -29 | 297 | N/A |
| 12/31/2020 | 1,660 | 153 | -224 | -125 | N/A |
| 12/31/2019 | 1,047 | 122 | -180 | -21 | N/A |
| 12/31/2018 | 1,032 | 59 | 74 | 88 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 301292 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.9%).
Earnings vs Market: 301292 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 301292 is expected to become profitable in the next 3 years.
Revenue vs Market: 301292's revenue (10.5% per year) is forecast to grow slower than the CN market (13.4% per year).
High Growth Revenue: 301292's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 301292's Return on Equity is forecast to be low in 3 years time (4.8%).