Hangzhou Binjiang Real Estate GroupLtd Future Growth

Future criteria checks 2/6

Hangzhou Binjiang Real Estate GroupLtd is forecast to grow earnings and revenue by 23% and 3.9% per annum respectively. EPS is expected to grow by 23% per annum. Return on equity is forecast to be 9.5% in 3 years.

Key information

23.0%

Earnings growth rate

23.0%

EPS growth rate

Real Estate earnings growth	38.3%
Revenue growth rate	3.9%
Future return on equity	9.5%
Analyst coverage	Good
Last updated	11 Nov 2024

Recent future growth updates

Recent updates

An Intrinsic Calculation For Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) Suggests It's 49% Undervalued

Oct 16

The Market Lifts Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) Shares 35% But It Can Do More

Sep 28

These 4 Measures Indicate That Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Using Debt Extensively

Sep 23

Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Paying Out Less In Dividends Than Last Year

Aug 15

Why Investors Shouldn't Be Surprised By Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Low P/E

Aug 08

Investors Can Find Comfort In Hangzhou Binjiang Real Estate GroupLtd's (SZSE:002244) Earnings Quality

May 03

Investors Don't See Light At End Of Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Tunnel

Apr 22

Is Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Using Too Much Debt?

Mar 23

Is Now The Time To Put Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) On Your Watchlist?

Mar 01

Earnings and Revenue Growth Forecasts

SZSE:002244 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	74,015	3,326	3,568	10,805	9
12/31/2025	73,357	2,944	2,146	4,849	11
12/31/2024	73,835	2,645	-1,533	5,452	11
9/30/2024	64,834	1,690	3,218	3,348	N/A
6/30/2024	67,615	2,059	335	477	N/A
3/31/2024	74,058	2,405	22,450	22,647	N/A
12/31/2023	70,443	2,529	32,461	32,650	N/A
9/30/2023	68,027	4,158	29,948	30,084	N/A
6/30/2023	57,841	4,093	32,189	32,321	N/A
3/31/2023	45,406	4,440	24,213	24,338	N/A
1/1/2023	41,502	3,742	5,077	5,214	N/A
9/30/2022	33,408	3,759	3,285	3,364	N/A
6/30/2022	29,279	3,045	2,191	2,263	N/A
3/31/2022	36,729	2,858	-10,065	-10,022	N/A
1/1/2022	37,976	3,027	797	839	N/A
9/30/2021	40,133	2,764	1,954	2,047	N/A
6/30/2021	37,676	2,730	-5,769	-5,684	N/A
3/31/2021	32,246	2,447	-1,332	-1,248	N/A
12/31/2020	28,597	2,328	-3,237	-3,157	N/A
9/30/2020	27,916	1,658	-8,298	-8,263	N/A
6/30/2020	29,996	1,880	-606	-556	N/A
3/31/2020	26,949	1,517	-193	-167	N/A
12/31/2019	24,955	1,631	2,594	2,621	N/A
9/30/2019	18,822	1,371	2,487	2,529	N/A
6/30/2019	16,827	1,253	2,210	2,241	N/A
3/31/2019	19,565	1,265	-3,421	-3,377	N/A
12/31/2018	21,115	1,217	-13,967	-13,940	N/A
9/30/2018	19,512	1,317	-12,871	-12,822	N/A
6/30/2018	18,360	1,371	N/A	-11,975	N/A
3/31/2018	15,893	1,625	N/A	-9,351	N/A
12/31/2017	13,774	1,711	N/A	3,430	N/A
9/30/2017	11,715	1,458	N/A	8,429	N/A
6/30/2017	15,723	1,619	N/A	10,382	N/A
3/31/2017	15,669	1,420	N/A	11,867	N/A
12/31/2016	19,177	1,373	N/A	13,131	N/A
9/30/2016	18,181	1,334	N/A	12,586	N/A
6/30/2016	15,094	1,159	N/A	12,573	N/A
3/31/2016	14,573	1,098	N/A	12,219	N/A
12/31/2015	12,618	1,003	N/A	8,049	N/A
9/30/2015	12,575	945	N/A	7,467	N/A
6/30/2015	13,361	897	N/A	2,933	N/A
3/31/2015	11,316	751	N/A	-271	N/A
12/31/2014	11,759	829	N/A	-1,317	N/A
9/30/2014	11,886	788	N/A	-4,481	N/A
6/30/2014	9,710	928	N/A	-3,638	N/A
3/31/2014	12,702	1,628	N/A	-2,632	N/A
12/31/2013	10,382	1,410	N/A	405	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002244's forecast earnings growth (23% per year) is above the savings rate (2.8%).

Earnings vs Market: 002244's earnings (23% per year) are forecast to grow slower than the CN market (26.1% per year).

High Growth Earnings: 002244's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 002244's revenue (3.9% per year) is forecast to grow slower than the CN market (13.9% per year).

High Growth Revenue: 002244's revenue (3.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002244's Return on Equity is forecast to be low in 3 years time (9.5%).

Hangzhou Binjiang Real Estate GroupLtd Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.8% to CN¥9.48

Consensus revenue estimates increase by 16%, EPS downgraded

Price target decreased by 18% to CN¥8.42

Price target decreased by 8.2% to CN¥10.23

Price target decreased by 8.0% to CN¥12.90

Price target increased to CN¥14.13

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.26 in 3Q 2023)

An Intrinsic Calculation For Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) Suggests It's 49% Undervalued

Hangzhou Binjiang Real Estate Group Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024

The Market Lifts Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) Shares 35% But It Can Do More

Investor sentiment improves as stock rises 19%

These 4 Measures Indicate That Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Using Debt Extensively

Price target increased by 8.8% to CN¥9.48

New major risk - Financial position

Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.35 in 2Q 2023)

Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Paying Out Less In Dividends Than Last Year

Dividend reduced to CN¥0.09

Why Investors Shouldn't Be Surprised By Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Low P/E

Hangzhou Binjiang Real Estate Group Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024

Hangzhou Binjiang Real Estate Group Co.,Ltd, Annual General Meeting, Jun 17, 2024

Investor sentiment improves as stock rises 19%

Investors Can Find Comfort In Hangzhou Binjiang Real Estate GroupLtd's (SZSE:002244) Earnings Quality

Consensus revenue estimates increase by 16%, EPS downgraded

Price target decreased by 18% to CN¥8.42

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Investors Don't See Light At End Of Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Tunnel

Price target decreased by 8.2% to CN¥10.23

Hangzhou Binjiang Real Estate Group Co.,Ltd to Report Q1, 2024 Results on Apr 29, 2024

Is Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Using Too Much Debt?

Is Now The Time To Put Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) On Your Watchlist?

Investor sentiment improves as stock rises 17%

Hangzhou Binjiang Real Estate Group Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024

Price target decreased by 8.0% to CN¥12.90

New minor risk - Financial position

Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.35 in 2Q 2022)

Hangzhou Binjiang Real Estate Group Co.,Ltd Announces Final Profit Distribution Plan to Be Implemented (A Shares) for 2022, Payable on 04 August 2023

Investor sentiment improves as stock rises 16%

Hangzhou Binjiang Real Estate Group Co.,Ltd Approves Cash Dividend for 2022

Hangzhou Binjiang Real Estate Group Co.,Ltd, Annual General Meeting, Jun 05, 2023

Hangzhou Binjiang Real Estate Group Co.,Ltd Proposes Final Dividend for 2022

First quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.07 in 1Q 2022)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Price target increased to CN¥14.13

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.019 in 3Q 2021)

Less than half of directors are independent

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.28 in 2Q 2021)

Hangzhou Binjiang Real Estate Group Co.,Ltd Announces Implementation of Final Cash Dividend for 2021, Payable on 11 July 2022

Investor sentiment improved over the past week

Hangzhou Binjiang Real Estate Group Co.,Ltd Announces Dividend for the Year 2021

Hangzhou Binjiang Real Estate Group Co.,Ltd, Annual General Meeting, Jun 06, 2022

Hangzhou Binjiang Real Estate Group Co.,Ltd Proposes Profit Distribution for 2021

First quarter 2022 earnings: EPS exceeds analyst expectations

Investor sentiment improved over the past week

Price target increased to CN¥6.75

Insufficient new directors

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target increased to CN¥6.18

Third quarter 2021 earnings released: EPS CN¥0.019 (vs CN¥0.008 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.28 (vs CN¥0.19 in 2Q 2020)

Hangzhou Binjiang Real Estate Group Co.,Ltd Announces Final Cash Dividend for the Year 2020, payable on June 04, 2021

Hangzhou Binjiang Real Estate Group Co.,Ltd Approves Final Cash Dividend for the Year 2020

Price target decreased to CN¥5.77

Consensus forecasts updated

First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.09 in 1Q 2020)

New 90-day low: CN¥4.34

New 90-day low: CN¥4.40

New 90-day low: CN¥4.74

New 90-day high: CN¥5.28

Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) entered into Property Rights Transaction Contract to acquire additional 34% stake in Hangzhou Jingbin Property Co., Ltd. from China Railway Construction Real Estate Group (East China) Co., Ltd. for CNY 30.1 million.