JCET Group Future Growth

Future criteria checks 3/6

JCET Group is forecast to grow earnings and revenue by 29.7% and 10.9% per annum respectively. EPS is expected to grow by 29.5% per annum. Return on equity is forecast to be 10% in 3 years.

Key information

29.7%

Earnings growth rate

29.5%

EPS growth rate

Semiconductor earnings growth	40.4%
Revenue growth rate	10.9%
Future return on equity	10.0%
Analyst coverage	Good
Last updated	01 May 2024

Recent future growth updates

JCET Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 28

Recent updates

JCET Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 28

Is JCET Group Co., Ltd. (SHSE:600584) Potentially Undervalued?

Mar 28

Estimating The Intrinsic Value Of JCET Group Co., Ltd. (SHSE:600584)

Mar 13

Why Investors Shouldn't Be Surprised By JCET Group Co., Ltd.'s (SHSE:600584) Low P/E

Feb 28

Earnings and Revenue Growth Forecasts

SHSE:600584 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	41,051	3,360	4,576	7,838	9
12/31/2025	37,483	2,918	2,680	6,853	17
12/31/2024	33,044	1,978	1,315	6,344	16
3/31/2024	30,643	1,496	1,353	4,576	N/A
12/31/2023	29,661	1,471	1,308	4,437	N/A
9/30/2023	29,414	1,753	996	4,665	N/A
6/30/2023	30,341	2,183	1,786	5,749	N/A
3/31/2023	31,484	2,479	1,742	5,607	N/A
12/31/2022	33,762	3,231	2,088	6,012	N/A
9/30/2022	33,363	3,295	2,982	7,015	N/A
6/30/2022	32,278	3,180	2,972	7,232	N/A
3/31/2022	31,928	3,434	3,204	7,864	N/A
12/31/2021	30,502	2,959	3,070	7,429	N/A
9/30/2021	29,618	2,656	2,314	6,596	N/A
6/30/2021	28,307	2,260	2,521	6,164	N/A
3/31/2021	27,468	1,557	2,240	5,490	N/A
12/31/2020	26,464	1,304	2,104	5,435	N/A
9/30/2020	26,093	1,035	2,737	5,446	N/A
6/30/2020	26,354	714	1,901	4,512	N/A
3/31/2020	24,720	269	1,264	4,156	N/A
12/31/2019	23,526	89	373	3,176	N/A
9/30/2019	21,967	-1,139	-810	2,689	N/A
6/30/2019	21,702	-1,209	-1,917	2,167	N/A
3/31/2019	22,881	-991	-1,723	2,537	N/A
12/31/2018	23,856	-939	-1,802	2,509	N/A
9/30/2018	25,081	196	-1,924	2,369	N/A
6/30/2018	24,836	265	-579	3,505	N/A
3/31/2018	24,321	310	-660	3,677	N/A
12/31/2017	23,856	343	N/A	3,805	N/A
9/30/2017	22,731	212	N/A	3,801	N/A
6/30/2017	21,965	185	N/A	3,312	N/A
3/31/2017	20,673	116	N/A	2,746	N/A
12/31/2016	19,155	106	N/A	2,669	N/A
9/30/2016	17,539	-42	N/A	2,264	N/A
6/30/2016	14,906	-61	N/A	1,983	N/A
3/31/2016	12,709	28	N/A	1,838	N/A
12/31/2015	10,807	52	N/A	1,746	N/A
9/30/2015	8,273	184	N/A	1,421	N/A
6/30/2015	6,895	231	N/A	1,426	N/A
3/31/2015	6,723	207	N/A	1,105	N/A
12/31/2014	6,428	157	N/A	1,049	N/A
9/30/2014	5,982	127	N/A	1,056	N/A
6/30/2014	5,558	40	N/A	801	N/A
3/31/2014	5,288	11	N/A	759	N/A
12/31/2013	5,102	11	N/A	810	N/A
9/30/2013	5,069	11	N/A	373	N/A
6/30/2013	4,876	9	N/A	307	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600584's forecast earnings growth (29.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 600584's earnings (29.7% per year) are forecast to grow faster than the CN market (24.2% per year).

High Growth Earnings: 600584's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600584's revenue (10.9% per year) is forecast to grow slower than the CN market (14.7% per year).

High Growth Revenue: 600584's revenue (10.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600584's Return on Equity is forecast to be low in 3 years time (10%).

JCET Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

JCET Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Consensus EPS estimates fall by 28%

Consensus EPS estimates fall by 16%, revenue upgraded

Consensus EPS estimates fall by 16%

Consensus EPS estimates fall by 32%

Price target increased by 7.5% to CN¥34.79

Recent updates

JCET Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Consensus EPS estimates fall by 28%

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

JCET Group Co., Ltd., Annual General Meeting, May 16, 2024

Now 22% undervalued

JCET Group Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024

Is JCET Group Co., Ltd. (SHSE:600584) Potentially Undervalued?

Estimating The Intrinsic Value Of JCET Group Co., Ltd. (SHSE:600584)

Investor sentiment improves as stock rises 18%

Why Investors Shouldn't Be Surprised By JCET Group Co., Ltd.'s (SHSE:600584) Low P/E

Now 22% undervalued after recent price drop

JCET Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024

Consensus EPS estimates fall by 16%, revenue upgraded

New minor risk - Earnings quality

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

Consensus EPS estimates fall by 16%

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

JCET Group Co., Ltd. to Report First Half, 2023 Results on Aug 26, 2023

Consensus EPS estimates fall by 32%

Price target increased by 7.5% to CN¥34.79

Investor sentiment improves as stock rises 16%

Price target increased by 11% to CN¥30.07

Full year 2022 earnings: EPS exceeds analyst expectations

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to CN¥27.06

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

JCET Group Co., Ltd. Announces Resignation of Janet Tao Chou as Chief Financial Officer

Full year 2021 earnings: EPS exceeds analyst expectations

Third quarter 2021 earnings released: EPS CN¥0.45 (vs CN¥0.25 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.53 (vs CN¥0.15 in 2Q 2020)

Consensus EPS estimates increase to CN¥1.17

JCET Group Co., Ltd. (SHSE:600584) completed the acquisition of test facility and additional test business of Analog Devices Inc.

Price target increased to CN¥43.56

JCET Group Co., Ltd. announced that it has received CNY 5 billion in funding from Abu Dhabi Investment Authority, Loyal Valley Capital, JPMorgan Chase & Co. and other investors

First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.08 in 1Q 2020)

New 90-day low: CN¥35.84

JCET Group Co., Ltd.(XSSC:600584) dropped from FTSE All-World Index (USD)

New 90-day high: CN¥46.37

New 90-day high: CN¥46.11

Price target raised to CN¥38.70

Market bids up stock over the past week

Third quarter earnings released

Third-quarter earnings released: Revenue and earnings beat expectations

JCET Group Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

Analysts increase EPS estimates to CN¥0.45

Price target raised to CN¥31.92

JCET Group Co., Ltd. announced that it expects to receive CNY 5 billion in funding

Price target raised to CN¥29.67

JCET Group Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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