Sanan OptoelectronicsLtd Future Growth

Future criteria checks 4/6

Sanan OptoelectronicsLtd is forecast to grow earnings and revenue by 54.6% and 18.5% per annum respectively. EPS is expected to grow by 54.3% per annum. Return on equity is forecast to be 4.1% in 3 years.

Key information

54.6%

Earnings growth rate

54.3%

EPS growth rate

Semiconductor earnings growth	43.2%
Revenue growth rate	18.5%
Future return on equity	4.1%
Analyst coverage	Good
Last updated	29 Aug 2024

Recent future growth updates

Sanan Optoelectronics Co.,Ltd Just Missed EPS By 58%: Here's What Analysts Think Will Happen Next

Apr 30

Recent updates

Sanan OptoelectronicsLtd (SHSE:600703) Is Carrying A Fair Bit Of Debt

Aug 20

The Market Doesn't Like What It Sees From Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Revenues Yet

Jul 24

Earnings Troubles May Signal Larger Issues for Sanan OptoelectronicsLtd (SHSE:600703) Shareholders

May 03

Sanan Optoelectronics Co.,Ltd Just Missed EPS By 58%: Here's What Analysts Think Will Happen Next

Apr 30

Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Prospects Need A Boost To Lift Shares

Mar 27

Earnings and Revenue Growth Forecasts

SHSE:600703 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	23,989	2,081	N/A	N/A	4
12/31/2025	19,990	1,531	N/A	2,908	6
12/31/2024	16,407	912	N/A	2,468	5
6/30/2024	15,263	381	1,949	4,234	N/A
3/31/2024	14,702	272	2,017	4,281	N/A
12/31/2023	14,053	367	1,485	3,977	N/A
9/30/2023	13,366	-129	-871	2,089	N/A
6/30/2023	12,930	-77	-1,653	1,382	N/A
3/31/2023	13,023	470	-2,459	790	N/A
12/31/2022	13,222	685	-3,292	800	N/A
9/30/2022	13,053	1,014	-4,745	741	N/A
6/30/2022	13,220	1,361	-5,783	1,284	N/A
3/31/2022	12,962	1,185	-7,094	1,214	N/A
12/31/2021	12,572	1,313	-6,914	1,608	N/A
9/30/2021	12,085	1,364	-5,618	2,135	N/A
6/30/2021	11,001	1,265	-4,301	2,493	N/A
3/31/2021	9,490	1,181	-2,920	2,446	N/A
12/31/2020	8,454	1,016	-2,284	1,935	N/A
9/30/2020	8,028	1,084	-1,819	1,392	N/A
6/30/2020	7,640	1,050	-537	1,576	N/A
3/31/2020	7,413	1,069	-41	2,113	N/A
12/31/2019	7,460	1,298	-208	2,789	N/A
9/30/2019	7,303	1,389	-528	2,851	N/A
6/30/2019	7,579	1,860	-2,836	2,355	N/A
3/31/2019	8,148	2,483	-3,088	2,618	N/A
12/31/2018	8,364	2,830	-1,957	3,339	N/A
9/30/2018	8,505	3,380	-861	3,871	N/A
6/30/2018	8,500	3,502	654	4,301	N/A
3/31/2018	8,349	3,442	N/A	3,818	N/A
12/31/2017	8,394	3,164	N/A	2,958	N/A
9/30/2017	8,069	3,048	N/A	3,088	N/A
6/30/2017	7,561	2,715	N/A	2,565	N/A
3/31/2017	7,084	2,400	N/A	2,266	N/A
12/31/2016	6,273	2,167	N/A	2,056	N/A
9/30/2016	5,742	1,744	N/A	2,028	N/A
6/30/2016	5,345	1,757	N/A	2,221	N/A
3/31/2016	5,110	1,797	N/A	2,312	N/A
12/31/2015	4,858	1,695	N/A	2,391	N/A
9/30/2015	4,703	1,859	N/A	1,843	N/A
6/30/2015	4,694	1,700	N/A	1,603	N/A
3/31/2015	4,684	1,589	N/A	1,321	N/A
12/31/2014	4,580	1,462	N/A	665	N/A
9/30/2014	4,578	1,325	N/A	465	N/A
6/30/2014	4,235	1,239	N/A	549	N/A
3/31/2014	3,925	1,104	N/A	421	N/A
12/31/2013	3,732	1,036	N/A	765	N/A
9/30/2013	3,642	904	N/A	1,127	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600703's forecast earnings growth (54.6% per year) is above the savings rate (2.9%).

Earnings vs Market: 600703's earnings (54.6% per year) are forecast to grow faster than the CN market (23% per year).

High Growth Earnings: 600703's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600703's revenue (18.5% per year) is forecast to grow faster than the CN market (13.1% per year).

High Growth Revenue: 600703's revenue (18.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600703's Return on Equity is forecast to be low in 3 years time (4.1%).

Sanan OptoelectronicsLtd Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 28%

Price target decreased by 11% to CN¥11.69

Price target decreased by 14% to CN¥12.35

Sanan Optoelectronics Co.,Ltd Just Missed EPS By 58%: Here's What Analysts Think Will Happen Next

Price target decreased by 10% to CN¥15.83

Price target decreased by 9.4% to CN¥18.58

Recent updates

Consensus EPS estimates fall by 28%

Price target decreased by 11% to CN¥11.69

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Sanan OptoelectronicsLtd (SHSE:600703) Is Carrying A Fair Bit Of Debt

The Market Doesn't Like What It Sees From Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Revenues Yet

Price target decreased by 14% to CN¥12.35

Sanan Optoelectronics Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024

Earnings Troubles May Signal Larger Issues for Sanan OptoelectronicsLtd (SHSE:600703) Shareholders

Sanan Optoelectronics Co.,Ltd Just Missed EPS By 58%: Here's What Analysts Think Will Happen Next

Sanan Optoelectronics Co.,Ltd, Annual General Meeting, May 17, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Sanan Optoelectronics Co.,Ltd, Annual General Meeting, May 17, 2024

Sanan Optoelectronics Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024

Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Prospects Need A Boost To Lift Shares

Sanan Optoelectronics Co.,Ltd (SHSE:600703) announces an Equity Buyback for CNY 1,000 million worth of its shares.

Sanan Optoelectronics Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024

Sanan Optoelectronics Co.,Ltd (SHSE:600703) announces an Equity Buyback for CNY 1,000 million worth of its shares.

Third quarter 2023 earnings released: EPS: CN¥0 (vs CN¥0.012 in 3Q 2022)

Price target decreased by 10% to CN¥15.83

Sanan Optoelectronics Co.,Ltd to Report Q3, 2023 Results on Oct 28, 2023

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

Sanan Optoelectronics's Indirect Controlling Shareholder Plan to Raise Stake in the Company

Price target decreased by 9.4% to CN¥18.58

Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.29 in FY 2021)

Less than half of directors are independent

Consensus forecasts updated

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.078 in 2Q 2021)

Consensus forecasts updated

Price target decreased to CN¥28.10

Less than half of directors are independent

Sanan Optoelectronics Co., Ltd. (SHSE:600703) announces an Equity Buyback for CNY 800 million worth of its shares.

Sanan Optoelectronics Co., Ltd.(XSSC:600703) dropped from FTSE All-World Index (USD)

Third quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.07 in 3Q 2020)

Price target increased to CN¥28.88

Second quarter 2021 earnings released: EPS CN¥0.078 (vs CN¥0.061 in 2Q 2020)

Consensus EPS estimates increase to CN¥0.47

Price target decreased to CN¥23.05

First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.10 in 1Q 2020)

New 90-day low: CN¥23.81

New 90-day high: CN¥30.50

New 90-day high: CN¥28.17

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations, earnings disappoint

Analysts update estimates

Sanan Optoelectronics Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020

New 90-day low: CN¥24.17

First half earnings released

Sanan Optoelectronics Co., Ltd. to Report First Half, 2020 Results on Aug 19, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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