Chongqing Taiji Industry(Group)Ltd Future Growth

Future criteria checks 4/6

Chongqing Taiji Industry(Group)Ltd is forecast to grow earnings and revenue by 31% and 12.6% per annum respectively. EPS is expected to grow by 30.9% per annum. Return on equity is forecast to be 21.3% in 3 years.

Key information

31.0%

Earnings growth rate

30.9%

EPS growth rate

Pharmaceuticals earnings growth	18.7%
Revenue growth rate	12.6%
Future return on equity	21.3%
Analyst coverage	Low
Last updated	21 Nov 2024

Recent future growth updates

Recent updates

These 4 Measures Indicate That Chongqing Taiji Industry(Group)Ltd (SHSE:600129) Is Using Debt Extensively

Nov 23

Chongqing Taiji Industry(Group)Ltd's (SHSE:600129) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 01

It's A Story Of Risk Vs Reward With Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129)

Oct 05

Take Care Before Jumping Onto Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129) Even Though It's 27% Cheaper

Jul 04

Is Chongqing Taiji Industry(Group)Ltd (SHSE:600129) Using Too Much Debt?

Jul 03

Investors Shouldn't Be Too Comfortable With Chongqing Taiji Industry(Group)Ltd's (SHSE:600129) Earnings

May 02

Is Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129) Trading At A 33% Discount?

Mar 18

Chongqing Taiji Industry(Group)Ltd (SHSE:600129) Has A Pretty Healthy Balance Sheet

Feb 28

Earnings and Revenue Growth Forecasts

SHSE:600129 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	18,868	1,389	1,463	1,804	5
12/31/2025	17,112	1,145	1,534	1,698	5
12/31/2024	15,407	896	1,326	1,296	5
9/30/2024	13,874	609	-495	458	N/A
6/30/2024	14,388	751	-167	743	N/A
3/31/2024	15,403	834	-185	672	N/A
12/31/2023	15,623	822	-164	672	N/A
9/30/2023	15,677	858	215	865	N/A
6/30/2023	15,929	792	464	1,047	N/A
3/31/2023	15,020	568	1,093	1,663	N/A
12/31/2022	14,127	354	1,249	1,781	N/A
9/30/2022	13,212	-516	393	947	N/A
6/30/2022	12,956	-472	302	841	N/A
3/31/2022	12,386	-527	327	839	N/A
12/31/2021	12,149	-523	59	559	N/A
9/30/2021	12,133	298	164	978	N/A
6/30/2021	11,897	133	158	919	N/A
3/31/2021	11,822	122	-127	657	N/A
12/31/2020	11,208	66	-52	750	N/A
9/30/2020	11,297	-178	-939	40	N/A
6/30/2020	11,248	-150	-869	89	N/A
3/31/2020	11,219	-207	-909	2	N/A
12/31/2019	11,643	-71	-659	327	N/A
9/30/2019	11,937	48	-494	201	N/A
6/30/2019	11,693	105	-580	187	N/A
3/31/2019	11,546	164	-597	180	N/A
12/31/2018	10,689	70	-587	104	N/A
9/30/2018	9,893	166	-637	-124	N/A
6/30/2018	9,475	117	N/A	-42	N/A
3/31/2018	9,155	107	N/A	-23	N/A
12/31/2017	8,773	98	N/A	-126	N/A
9/30/2017	8,857	4	N/A	-77	N/A
6/30/2017	8,509	-73	N/A	4	N/A
3/31/2017	8,121	-61	N/A	-82	N/A
12/31/2016	7,952	856	N/A	-108	N/A
9/30/2016	7,488	959	N/A	-125	N/A
6/30/2016	7,211	1,016	N/A	-272	N/A
3/31/2016	7,128	1,131	N/A	-217	N/A
12/31/2015	7,171	232	N/A	-65	N/A
9/30/2015	7,232	-97	N/A	-289	N/A
6/30/2015	7,108	-120	N/A	-284	N/A
3/31/2015	7,035	-263	N/A	-263	N/A
12/31/2014	6,958	-277	N/A	-276	N/A
9/30/2014	6,623	5	N/A	-138	N/A
6/30/2014	6,850	15	N/A	-134	N/A
3/31/2014	6,639	8	N/A	-138	N/A
12/31/2013	6,603	13	N/A	-139	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600129's forecast earnings growth (31% per year) is above the savings rate (2.8%).

Earnings vs Market: 600129's earnings (31% per year) are forecast to grow faster than the CN market (26.1% per year).

High Growth Earnings: 600129's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600129's revenue (12.6% per year) is forecast to grow slower than the CN market (13.8% per year).

High Growth Revenue: 600129's revenue (12.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600129's Return on Equity is forecast to be high in 3 years time (21.3%)

Chongqing Taiji Industry(Group)Ltd Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 19% to CN¥42.83

Recent updates

These 4 Measures Indicate That Chongqing Taiji Industry(Group)Ltd (SHSE:600129) Is Using Debt Extensively

Chongqing Taiji Industry(Group)Ltd's (SHSE:600129) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Third quarter 2024 earnings released: EPS: CN¥0.091 (vs CN¥0.34 in 3Q 2023)

Investor sentiment deteriorates as stock falls 16%

It's A Story Of Risk Vs Reward With Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129)

New minor risk - Share price stability

Chongqing Taiji Industry(Group) Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024

Investor sentiment improves as stock rises 22%

Price target decreased by 19% to CN¥42.83

Second quarter 2024 earnings released: EPS: CN¥0.45 (vs CN¥0.60 in 2Q 2023)

Take Care Before Jumping Onto Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129) Even Though It's 27% Cheaper

Is Chongqing Taiji Industry(Group)Ltd (SHSE:600129) Using Too Much Debt?

Chongqing Taiji Industry(Group) Co.,Ltd to Report First Half, 2024 Results on Aug 23, 2024

Investors Shouldn't Be Too Comfortable With Chongqing Taiji Industry(Group)Ltd's (SHSE:600129) Earnings

First quarter 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.42 in 1Q 2023)

Full year 2023 earnings: EPS and revenues miss analyst expectations

Chongqing Taiji Industry(Group) Co.,Ltd, Annual General Meeting, May 16, 2024

Is Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129) Trading At A 33% Discount?

Chongqing Taiji Industry(Group)Ltd (SHSE:600129) Has A Pretty Healthy Balance Sheet

Investor sentiment improves as stock rises 20%

Now 21% undervalued

Chongqing Taiji Industry(Group) Co.,Ltd to Report Fiscal Year 2023 Results on Mar 29, 2024

Investor sentiment improves as stock rises 17%

Third quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.23 in 3Q 2022)

Chongqing Taiji Industry(Group) Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023

Second quarter 2023 earnings released: EPS: CN¥0.60 (vs CN¥0.17 in 2Q 2022)

New major risk - Share price stability

Investor sentiment improves as stock rises 21%

First quarter 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.04 in 1Q 2022)

Investor sentiment improves as stock rises 16%

Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129) agreed to acquire Chongqing Taiji Chinese Medicinal Materials Planting Development Co., Ltd. from Chongqing Taiji Group Co., Ltd. and Chongqing Taiji Medicinal Animal and Plant Resources Development Co., Ltd. for CNY 8.81 million.

Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129) agreed to acquire Chongqing Taiji Chinese Medicinal Materials Planting Development Co., Ltd. from Chongqing Taiji Group Co., Ltd. and Chongqing Taiji Medicinal Animal and Plant Resources Development Co., Ltd. for CNY 8.81 million.

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.32 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.11 in 2Q 2021)

Now 21% undervalued

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.011 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.068 in 2Q 2020)

Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.13 loss in FY 2019)

New 90-day low: CN¥12.96

New 90-day low: CN¥13.43

New 90-day low: CN¥15.47

Third quarter earnings released

Chongqing Taiji Industry(Group) Co.,Ltd to Report Q3, 2020 Results on Oct 23, 2020

Chongqing Taiheng Enterprise Management Consulting Co., Ltd. signed an agreement to acquire 59.42% stake in Chengdu Xinhengsheng Real Estate Development Co., Ltd. from Chongqing Taiji Industry(Group) Co.,Ltd (SHSE:600129) for approximately CNY 520 million.

Zuo Hongbo acquired additional 11.7% stake in Southwest Pharmaceutical Co.,Ltd. (SHSE:600666) from Chongqing Taiji Industry (Group) Co.,Ltd (SHSE:600129).

Earnings released

Earnings released

Chongqing Taiji Industry(Group) 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

Discover growth companies