Analysts Are Betting On Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415) With A Big Upgrade This Week

Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. Investors have been pretty optimistic on Zhejiang China Commodities City Group too, with the stock up 13% to CN¥15.23 over the past week. We'll be curious to see if these new estimates convince the market to lift the stock price higher still.

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Following the upgrade, the most recent consensus for Zhejiang China Commodities City Group from its seven analysts is for revenues of CN¥20b in 2025 which, if met, would be a substantial 25% increase on its sales over the past 12 months. Per-share earnings are expected to leap 24% to CN¥0.69. Previously, the analysts had been modelling revenues of CN¥18b and earnings per share (EPS) of CN¥0.63 in 2025. The forecasts seem more optimistic now, with a substantial gain in revenue and a small increase to earnings per share estimates.

View our latest analysis for Zhejiang China Commodities City Group

Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 25% growth on an annualised basis. That is in line with its 30% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 15% annually. So although Zhejiang China Commodities City Group is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. They also upgraded their revenue estimates for this year, and sales are expected to grow faster than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at Zhejiang China Commodities City Group.

Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. At Simply Wall St, we have a full range of analyst estimates for Zhejiang China Commodities City Group going out to 2027, and you can see them free on our platform here..

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.