MGI Tech Future Growth
Future criteria checks 4/6
MGI Tech is forecast to grow earnings and revenue by 129.5% and 17% per annum respectively. EPS is expected to grow by 129.6% per annum. Return on equity is forecast to be 1.6% in 3 years.
Key information
129.5%
Earnings growth rate
129.6%
EPS growth rate
| Life Sciences earnings growth | 29.8% |
| Revenue growth rate | 17.0% |
| Future return on equity | 1.6% |
| Analyst coverage | Good |
| Last updated | 30 May 2024 |
Recent future growth updates
Recent updates
Is MGI Tech Co., Ltd. (SHSE:688114) Trading At A 26% Discount?
Jun 03
Newsflash: MGI Tech Co., Ltd. (SHSE:688114) Analysts Have Been Trimming Their Revenue Forecasts
Apr 29Is MGI Tech (SHSE:688114) Using Debt In A Risky Way?
Mar 28Investor Optimism Abounds MGI Tech Co., Ltd. (SHSE:688114) But Growth Is Lacking
Feb 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4,747 | 227 | 270 | 555 | 3 |
| 12/31/2025 | 4,549 | 109 | -46 | 329 | 7 |
| 12/31/2024 | 3,376 | -112 | 173 | 394 | 3 |
| 3/31/2024 | 2,823 | -659 | -1,504 | -637 | N/A |
| 12/31/2023 | 2,911 | -607 | -1,628 | -870 | N/A |
| 9/30/2023 | 3,145 | -193 | -2,723 | -1,543 | N/A |
| 6/30/2023 | 3,313 | 1,585 | -456 | 602 | N/A |
| 3/31/2023 | 3,630 | 1,534 | -110 | 855 | N/A |
| 12/31/2022 | 4,231 | 2,026 | 483 | 1,421 | N/A |
| 9/30/2022 | 4,372 | 2,046 | 2,213 | 2,554 | N/A |
| 6/30/2022 | 4,331 | 402 | 490 | 660 | N/A |
| 3/31/2022 | 4,169 | 613 | 692 | 925 | N/A |
| 12/31/2021 | 3,929 | 484 | 756 | 1,073 | N/A |
| 9/30/2021 | 3,887 | 555 | 150 | 548 | N/A |
| 12/31/2020 | 2,780 | 261 | -493 | 5 | N/A |
| 12/31/2019 | 1,091 | -244 | -406 | -195 | N/A |
| 12/31/2018 | 1,097 | 125 | 605 | 997 | N/A |
| 12/31/2017 | 802 | -42 | N/A | 92 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688114 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.9%).
Earnings vs Market: 688114 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 688114 is expected to become profitable in the next 3 years.
Revenue vs Market: 688114's revenue (17% per year) is forecast to grow faster than the CN market (14% per year).
High Growth Revenue: 688114's revenue (17% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688114's Return on Equity is forecast to be low in 3 years time (1.6%).