Chongqing Department StoreLtd Future Growth

Future criteria checks 1/6

Chongqing Department StoreLtd is forecast to grow earnings and revenue by 9.5% and 3.8% per annum respectively. EPS is expected to grow by 6.1% per annum. Return on equity is forecast to be 15.3% in 3 years.

Key information

9.5%

Earnings growth rate

6.1%

EPS growth rate

Multiline Retail earnings growth	19.0%
Revenue growth rate	3.8%
Future return on equity	15.3%
Analyst coverage	Low
Last updated	25 Nov 2024

Recent future growth updates

Recent updates

Chongqing Department Store Co.,Ltd. (SHSE:600729) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Dec 02

Chongqing Department StoreLtd's (SHSE:600729) Anemic Earnings Might Be Worse Than You Think

Nov 06

Chongqing Department Store Co.,Ltd. (SHSE:600729) Shares Fly 37% But Investors Aren't Buying For Growth

Oct 07

Chongqing Department Store Co.,Ltd.'s (SHSE:600729) Low P/E No Reason For Excitement

Aug 22

We Think Chongqing Department StoreLtd (SHSE:600729) Can Stay On Top Of Its Debt

Jun 04

Chongqing Department StoreLtd's (SHSE:600729) Earnings Are Of Questionable Quality

May 07

Calculating The Fair Value Of Chongqing Department Store Co.,Ltd. (SHSE:600729)

Mar 18

Earnings and Revenue Growth Forecasts

SHSE:600729 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	18,781	1,394	N/A	1,376	4
12/31/2025	18,148	1,322	N/A	1,414	5
12/31/2024	17,475	1,226	N/A	810	5
9/30/2024	17,212	1,095	1,252	1,353	N/A
6/30/2024	17,811	1,125	1,186	1,320	N/A
3/31/2024	18,750	1,238	1,313	1,453	N/A
12/31/2023	18,985	1,315	1,268	1,433	N/A
9/30/2023	18,572	1,203	806	1,058	N/A
6/30/2023	18,555	1,208	881	1,163	N/A
3/31/2023	18,114	987	-56	253	N/A
12/31/2022	18,304	883	317	619	N/A
9/30/2022	19,288	906	654	909	N/A
6/30/2022	19,255	893	332	562	N/A
3/31/2022	19,900	925	1,468	1,697	N/A
12/31/2021	21,136	952	881	1,114	N/A
9/30/2021	21,980	960	1,119	1,483	N/A
6/30/2021	22,320	932	1,688	2,003	N/A
3/31/2021	22,389	1,312	1,612	1,960	N/A
12/31/2020	21,077	1,050	860	1,182	N/A
9/30/2020	24,416	1,040	736	1,096	N/A
6/30/2020	26,881	1,064	442	814	N/A
3/31/2020	29,715	686	15	389	N/A
12/31/2019	34,536	985	470	876	N/A
9/30/2019	33,972	967	276	683	N/A
6/30/2019	34,227	810	515	891	N/A
3/31/2019	34,041	781	515	883	N/A
12/31/2018	34,084	831	617	1,002	N/A
9/30/2018	34,348	873	1,031	1,345	N/A
6/30/2018	34,062	834	N/A	1,204	N/A
3/31/2018	33,801	764	N/A	1,604	N/A
12/31/2017	32,915	605	N/A	1,289	N/A
9/30/2017	32,638	525	N/A	1,101	N/A
6/30/2017	32,619	503	N/A	1,021	N/A
3/31/2017	32,637	464	N/A	465	N/A
12/31/2016	33,847	419	N/A	462	N/A
9/30/2016	34,561	366	N/A	643	N/A
6/30/2016	35,174	321	N/A	262	N/A
3/31/2016	36,346	340	N/A	354	N/A
12/31/2015	36,492	358	N/A	429	N/A
9/30/2015	35,317	400	N/A	264	N/A
6/30/2015	33,318	488	N/A	473	N/A
3/31/2015	31,104	513	N/A	367	N/A
12/31/2014	30,140	492	N/A	-117	N/A
9/30/2014	31,493	688	N/A	-123	N/A
6/30/2014	31,640	769	N/A	-64	N/A
3/31/2014	32,109	836	N/A	172	N/A
12/31/2013	31,375	818	N/A	316	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600729's forecast earnings growth (9.5% per year) is above the savings rate (2.8%).

Earnings vs Market: 600729's earnings (9.5% per year) are forecast to grow slower than the CN market (25.8% per year).

High Growth Earnings: 600729's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600729's revenue (3.8% per year) is forecast to grow slower than the CN market (13.8% per year).

High Growth Revenue: 600729's revenue (3.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600729's Return on Equity is forecast to be low in 3 years time (15.3%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 11:06
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Chongqing Department Store Co.,Ltd. is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lan Tong	Changjiang Securities Co. LTD.
Bo Chen	Chasing Securities
Junhao Fan	China International Capital Corporation Limited

Chongqing Department StoreLtd Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 18% to CN¥32.24

Price target decreased by 7.2% to CN¥36.90

Price target increased by 11% to CN¥40.84

Consensus EPS estimates increase by 12%

Price target increased by 7.8% to CN¥36.68

Price target increased by 9.1% to CN¥34.04

Recent updates

Investor sentiment improves as stock rises 17%

Chongqing Department Store Co.,Ltd. (SHSE:600729) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Investor sentiment improves as stock rises 17%

Chongqing Department StoreLtd's (SHSE:600729) Anemic Earnings Might Be Worse Than You Think

Third quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.56 in 3Q 2023)

Chongqing Department Store Co.,Ltd. (SHSE:600729) Shares Fly 37% But Investors Aren't Buying For Growth

Chongqing Department Store Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 16%

Price target decreased by 18% to CN¥32.24

Second quarter 2024 earnings released: EPS: CN¥0.64 (vs CN¥1.09 in 2Q 2023)

Chongqing Department Store Co.,Ltd.'s (SHSE:600729) Low P/E No Reason For Excitement

Price target decreased by 7.2% to CN¥36.90

Less than half of directors are independent

Second quarter 2024 earnings released: EPS: CN¥0.64 (vs CN¥1.09 in 2Q 2023)

Investor sentiment deteriorates as stock falls 15%

Chongqing Department Store Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024

Dividend of CN¥1.36 announced

We Think Chongqing Department StoreLtd (SHSE:600729) Can Stay On Top Of Its Debt

Chongqing Department StoreLtd's (SHSE:600729) Earnings Are Of Questionable Quality

First quarter 2024 earnings released: EPS: CN¥0.99 (vs CN¥1.20 in 1Q 2023)

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Chongqing Department Store Co.,Ltd., Annual General Meeting, May 30, 2024

Now 21% undervalued after recent price drop

Chongqing Department Store Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Calculating The Fair Value Of Chongqing Department Store Co.,Ltd. (SHSE:600729)

Chongqing Department Store Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024

Third quarter 2023 earnings released: EPS: CN¥0.56 (vs CN¥0.64 in 3Q 2022)

Chongqing Department Store Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023

Second quarter 2023 earnings released: EPS: CN¥1.09 (vs CN¥0.44 in 2Q 2022)

Price target increased by 11% to CN¥40.84

Consensus EPS estimates increase by 12%

Price target increased by 7.8% to CN¥36.68

Investor sentiment improves as stock rises 15%

Price target increased by 9.1% to CN¥34.04

Full year 2022 earnings: EPS and revenues miss analyst expectations

High number of new and inexperienced directors

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: CN¥0.64 (vs CN¥0.56 in 3Q 2021)

Price target decreased to CN¥32.27

Second quarter 2022 earnings released: EPS: CN¥0.44 (vs CN¥0.48 in 2Q 2021)

Investor sentiment deteriorated over the past week

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Less than half of directors are independent

Consensus forecasts updated

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

Price target decreased to CN¥36.40

Third quarter 2021 earnings released: EPS CN¥0.56 (vs CN¥0.50 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.48 (vs CN¥1.41 in 2Q 2020)

Investor sentiment deteriorated over the past week

Price target decreased to CN¥43.00

First quarter 2021 earnings released: EPS CN¥1.07 (vs CN¥0.43 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥2.54 (vs CN¥2.42 in FY 2019)

New 90-day high: CN¥29.77

Chongqing Department Store Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021

New 90-day low: CN¥26.93

New 90-day low: CN¥29.20

New 90-day low: CN¥30.81

Third quarter earnings released

New 90-day high: CN¥37.89

Analysts update estimates

Price target raised to CN¥44.50

First half earnings released

Chongqing General Trading (Group) Co., Ltd. completed the tender offer to acquire remaining 54.9% stake in Chongqing Department Store Co.,Ltd. (SHSE:600729).

Chongqing Department Store Co.,Ltd. to Report First Half, 2020 Results on Aug 22, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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