Greenland Holdings Future Growth

Future criteria checks 3/6

Greenland Holdings's revenue is forecast to decline at 3.1% per annum while its annual earnings are expected to grow at 74.1% per year. EPS is expected to grow by 74.5% per annum. Return on equity is forecast to be 3.5% in 3 years.

Key information

74.1%

Earnings growth rate

74.5%

EPS growth rate

Real Estate earnings growth	26.6%
Revenue growth rate	-3.1%
Future return on equity	3.5%
Analyst coverage	Low
Last updated	12 Apr 2024

Recent future growth updates

Recent updates

Greenland Holdings (SHSE:600606) Has A Somewhat Strained Balance Sheet

Mar 01

Earnings and Revenue Growth Forecasts

SHSE:600606 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	352,362	6,915	N/A	55,483	2
12/31/2024	361,951	6,043	N/A	42,632	2
12/31/2023	357,840	3,580	N/A	44,493	1
9/30/2023	383,515	-3,474	4,090	5,975	N/A
6/30/2023	405,390	-581	12,590	14,662	N/A
3/31/2023	418,679	454	23,856	26,063	N/A
12/31/2022	435,909	1,010	24,651	27,421	N/A
9/30/2022	423,691	1,962	29,638	33,160	N/A
6/30/2022	466,565	2,147	42,461	46,705	N/A
3/31/2022	508,111	4,793	47,180	52,987	N/A
12/31/2021	544,756	6,179	55,427	62,233	N/A
9/30/2021	562,067	14,121	81,545	88,769	N/A
6/30/2021	529,012	15,212	59,707	69,184	N/A
3/31/2021	509,104	15,268	54,461	64,581	N/A
12/31/2020	456,062	14,998	35,215	44,720	N/A
9/30/2020	454,977	14,972	3,164	15,139	N/A
6/30/2020	436,472	13,775	5,958	15,248	N/A
3/31/2020	417,267	13,999	1,159	9,117	N/A
12/31/2019	428,083	14,743	10,286	19,261	N/A
9/30/2019	409,625	14,294	11,179	20,326	N/A
6/30/2019	392,263	14,306	14,880	24,088	N/A
3/31/2019	364,367	12,194	31,288	39,943	N/A
12/31/2018	348,732	11,375	34,479	42,172	N/A
9/30/2018	343,151	11,501	51,601	55,309	N/A
6/30/2018	322,356	10,761	65,641	69,245	N/A
3/31/2018	306,404	10,294	54,560	58,198	N/A
12/31/2017	290,418	9,384	52,387	54,988	N/A
9/30/2017	277,380	8,064	26,265	27,729	N/A
6/30/2017	265,370	7,289	N/A	14,710	N/A
3/31/2017	257,324	7,634	N/A	25,788	N/A
12/31/2016	247,400	7,209	N/A	-8,993	N/A
9/30/2016	221,873	7,865	N/A	5,447	N/A
6/30/2016	229,559	7,551	N/A	-8,019	N/A
3/31/2016	218,401	7,339	N/A	-31,881	N/A
12/31/2015	207,534	6,886	N/A	-24,239	N/A
9/30/2015	235,811	6,100	N/A	-42,079	N/A
6/30/2015	230,632	5,178	N/A	-48,516	N/A
3/31/2015	241,290	5,206	N/A	-58,107	N/A
12/31/2014	261,955	5,570	N/A	-52,984	N/A
12/31/2013	252,182	8,208	N/A	-35,151	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600606 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.9%).

Earnings vs Market: 600606 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 600606 is expected to become profitable in the next 3 years.

Revenue vs Market: 600606's revenue is expected to decline over the next 3 years (-3.1% per year).

High Growth Revenue: 600606's revenue is forecast to decline over the next 3 years (-3.1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600606's Return on Equity is forecast to be low in 3 years time (3.5%).

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Greenland Holdings Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 22% to CN¥2.27

Price target decreased by 9.3% to CN¥2.64

Consensus EPS estimates increase by 49%

Price target decreased to CN¥3.07

Consensus revenue estimates fall by 11%

Consensus forecasts updated

Recent updates

Price target decreased by 22% to CN¥2.27

Greenland Holdings Corporation Limited to Report Q1, 2024 Results on Apr 30, 2024

Greenland Holdings (SHSE:600606) Has A Somewhat Strained Balance Sheet

Greenland Holdings Corporation Limited to Report Fiscal Year 2023 Results on Apr 30, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Greenland Holdings Corporation Limited to Report First Half, 2023 Results on Aug 29, 2023

Price target decreased by 9.3% to CN¥2.64

Consensus EPS estimates increase by 49%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to CN¥3.07

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates fall by 11%

Greenland Holdings Corporation Limited(XSSC:600606) dropped from S&P Global BMI Index

Greenland Holdings Corporation Limited(XSSC:600606) dropped from S&P Global BMI Index

Greenland Holdings Corporation Limited(XSSC:600606) dropped from FTSE All-World Index (USD)

Consensus forecasts updated

Price target decreased to CN¥4.23

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to CN¥4.63

Third quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.31 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.34 (vs CN¥0.34 in 2Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.36 (vs CN¥0.36 in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.30 in 1Q 2020)

New 90-day low: CN¥5.63

Revenue and earnings miss expectations

Full year 2020 earnings released: EPS CN¥1.13

New 90-day low: CN¥5.67

Price target lowered to CN¥6.29

New 90-day low: CN¥6.08

Third quarter earnings released

Third-quarter earnings released: Revenue and earnings beat expectations

New 90-day low: CN¥6.32

Greenland Holdings Corporation Limited to Report Q3, 2020 Results on Oct 27, 2020

New 90-day low: CN¥6.46

Greenland Holdings Corporation Limited (SHSE:600606) agreed to acquire 66% stake in Guangxi Construction Engineering Group from the state for CNY 3.6 billion.

Earnings released

Greenland Holdings Corporation Limited to Report First Half, 2020 Results on Aug 25, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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