Hangzhou First Applied Material Future Growth

Future criteria checks 4/6

Hangzhou First Applied Material is forecast to grow earnings and revenue by 22.2% and 15.3% per annum respectively. EPS is expected to grow by 20.9% per annum. Return on equity is forecast to be 14.5% in 3 years.

Key information

22.2%

Earnings growth rate

20.9%

EPS growth rate

Semiconductor earnings growth	39.7%
Revenue growth rate	15.3%
Future return on equity	14.5%
Analyst coverage	Good
Last updated	26 Aug 2024

Recent future growth updates

Hangzhou First Applied Material Co., Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

Apr 15

Recent updates

Hangzhou First Applied Material (SHSE:603806) Seems To Use Debt Quite Sensibly

Jul 28

Hangzhou First Applied Material's (SHSE:603806) Returns Have Hit A Wall

Jul 12

Is It Too Late To Consider Buying Hangzhou First Applied Material Co., Ltd. (SHSE:603806)?

Jun 24

Hangzhou First Applied Material Co., Ltd. (SHSE:603806) Screens Well But There Might Be A Catch

Jun 06

Hangzhou First Applied Material's (SHSE:603806) Profits May Not Reveal Underlying Issues

Apr 18

Hangzhou First Applied Material Co., Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

Apr 15

Here's Why Hangzhou First Applied Material (SHSE:603806) Has A Meaningful Debt Burden

Mar 19

After Leaping 29% Hangzhou First Applied Material Co., Ltd. (SHSE:603806) Shares Are Not Flying Under The Radar

Mar 04

Earnings and Revenue Growth Forecasts

SHSE:603806 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	33,974	3,465	2,382	2,472	15
12/31/2025	29,237	2,906	1,366	2,316	16
12/31/2024	21,937	1,968	1,505	2,385	1
6/30/2024	22,736	1,894	1,771	2,769	N/A
3/31/2024	22,997	2,007	43	925	N/A
12/31/2023	22,589	1,850	-769	-26	N/A
9/30/2023	21,981	1,476	-1,624	-1,087	N/A
6/30/2023	20,478	1,406	-1,126	-607	N/A
3/31/2023	19,906	1,604	-1,388	-807	N/A
12/31/2022	18,877	1,579	-551	26	N/A
9/30/2022	17,475	2,394	-1,214	-588	N/A
6/30/2022	16,157	2,350	-1,395	-772	N/A
3/31/2022	13,928	2,041	-75	472	N/A
12/31/2021	12,858	2,197	-684	-148	N/A
9/30/2021	11,853	2,030	-1,215	-777	N/A
6/30/2021	10,733	2,012	-987	-589	N/A
3/31/2021	9,698	1,905	-767	-361	N/A
12/31/2020	8,393	1,565	-83	272	N/A
9/30/2020	7,257	1,236	247	574	N/A
6/30/2020	6,776	1,015	270	581	N/A
3/31/2020	6,273	896	256	482	N/A
12/31/2019	6,378	957	270	435	N/A
9/30/2019	5,990	997	373	515	N/A
6/30/2019	5,600	925	88	231	N/A
3/31/2019	5,365	866	-172	1	N/A
12/31/2018	4,810	751	-26	170	N/A
9/30/2018	4,596	562	-24	214	N/A
6/30/2018	4,518	560	152	363	N/A
3/31/2018	4,643	586	N/A	438	N/A
12/31/2017	4,585	585	N/A	243	N/A
9/30/2017	4,404	605	N/A	103	N/A
6/30/2017	4,272	656	N/A	105	N/A
3/31/2017	4,056	788	N/A	89	N/A
12/31/2016	3,952	848	N/A	295	N/A
9/30/2016	3,843	846	N/A	245	N/A
6/30/2016	3,750	820	N/A	301	N/A
3/31/2016	3,491	699	N/A	603	N/A
12/31/2015	3,333	647	N/A	416	N/A
9/30/2015	3,086	517	N/A	237	N/A
6/30/2015	2,766	486	N/A	267	N/A
3/31/2015	2,664	438	N/A	-109	N/A
12/31/2014	2,386	432	N/A	100	N/A
9/30/2014	2,343	517	N/A	145	N/A
12/31/2013	1,957	596	N/A	407	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603806's forecast earnings growth (22.2% per year) is above the savings rate (2.9%).

Earnings vs Market: 603806's earnings (22.2% per year) are forecast to grow faster than the CN market (22% per year).

High Growth Earnings: 603806's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603806's revenue (15.3% per year) is forecast to grow faster than the CN market (13.4% per year).

High Growth Revenue: 603806's revenue (15.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603806's Return on Equity is forecast to be low in 3 years time (14.5%).

Hangzhou First Applied Material Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Hangzhou First Applied Material Co., Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

Price target decreased by 8.3% to CN¥29.80

Price target decreased by 12% to CN¥33.96

Price target decreased by 8.8% to CN¥38.50

Price target decreased by 17% to CN¥64.67

Price target decreased by 12% to CN¥68.92

Recent updates

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 15%

Hangzhou First Applied Material (SHSE:603806) Seems To Use Debt Quite Sensibly

Hangzhou First Applied Material's (SHSE:603806) Returns Have Hit A Wall

Hangzhou First Applied Material Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024

Is It Too Late To Consider Buying Hangzhou First Applied Material Co., Ltd. (SHSE:603806)?

Hangzhou First Applied Material Co., Ltd. (SHSE:603806) Screens Well But There Might Be A Catch

Hangzhou First Applied Material's (SHSE:603806) Profits May Not Reveal Underlying Issues

Hangzhou First Applied Material Co., Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

Hangzhou First Applied Material Co., Ltd., Annual General Meeting, May 09, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Hangzhou First Applied Material Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Here's Why Hangzhou First Applied Material (SHSE:603806) Has A Meaningful Debt Burden

After Leaping 29% Hangzhou First Applied Material Co., Ltd. (SHSE:603806) Shares Are Not Flying Under The Radar

Investor sentiment deteriorates as stock falls 16%

Price target decreased by 8.3% to CN¥29.80

Hangzhou First Applied Material Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024

Price target decreased by 12% to CN¥33.96

Third quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.26 in 3Q 2022)

Price target decreased by 8.8% to CN¥38.50

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Hangzhou First Applied Material Co., Ltd. (SHSE:603806) announces an Equity Buyback for CNY 150 million worth of its shares.

Price target decreased by 17% to CN¥64.67

Price target decreased by 12% to CN¥68.92

Full year 2022 earnings released: EPS: CN¥1.19 (vs CN¥1.68 in FY 2021)

Investor sentiment improved over the past week

Less than half of directors are independent

Consensus forecasts updated

Consensus forecasts updated

Third quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.33 in 3Q 2021)

Price target decreased to CN¥81.84

Second quarter 2022 earnings released: EPS: CN¥0.53 (vs CN¥0.32 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Price target decreased to CN¥83.82

Investor sentiment deteriorated over the past week

Price target decreased to CN¥132

First quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to CN¥138

Less than half of directors are independent

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

Investor sentiment improved over the past week

Price target increased to CN¥153

Third quarter 2021 earnings released: EPS CN¥0.46 (vs CN¥0.44 in 3Q 2020)

Price target increased to CN¥126

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.45 (vs CN¥0.35 in 2Q 2020)

Investor sentiment improved over the past week

Price target increased to CN¥97.47

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target increased to CN¥89.17

First quarter 2021 earnings released: EPS CN¥0.64 (vs CN¥0.21 in 1Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥2.09 (vs CN¥1.31 in FY 2019)

New 90-day low: CN¥76.32

Investor sentiment deteriorated over the past week

Hangzhou First Applied Material Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021

Investor sentiment improved over the past week

New 90-day high: CN¥97.82

New 90-day high: CN¥88.28

Third quarter earnings released

Hangzhou First Applied Material Co., Ltd. to Report Q3, 2020 Results on Oct 26, 2020

Market bids up stock over the past week

New 90-day high: CN¥80.40

Earnings released