China Resources Microelectronics Future Growth
Future criteria checks 3/6
China Resources Microelectronics is forecast to grow earnings and revenue by 26.7% and 12% per annum respectively. EPS is expected to grow by 27% per annum. Return on equity is forecast to be 7.2% in 3 years.
Key information
26.7%
Earnings growth rate
27.0%
EPS growth rate
| Semiconductor earnings growth | 43.9% |
| Revenue growth rate | 12.0% |
| Future return on equity | 7.2% |
| Analyst coverage | Good |
| Last updated | 27 Aug 2024 |
Recent future growth updates
Recent updates
China Resources Microelectronics Limited's (SHSE:688396) Shareholders Might Be Looking For Exit
Aug 23
China Resources Microelectronics (SHSE:688396) Could Be Struggling To Allocate Capital
Aug 02China Resources Microelectronics (SHSE:688396) Has A Somewhat Strained Balance Sheet
Jul 12Is China Resources Microelectronics Limited (SHSE:688396) Potentially Undervalued?
May 26Things Look Grim For China Resources Microelectronics Limited (SHSE:688396) After Today's Downgrade
May 03China Resources Microelectronics (SHSE:688396) Might Be Having Difficulty Using Its Capital Effectively
Apr 28Unpleasant Surprises Could Be In Store For China Resources Microelectronics Limited's (SHSE:688396) Shares
Apr 09Estimating The Intrinsic Value Of China Resources Microelectronics Limited (SHSE:688396)
Mar 18Is China Resources Microelectronics (SHSE:688396) A Risky Investment?
Feb 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 12,971 | 1,928 | 331 | 3,340 | 7 |
| 12/31/2025 | 11,681 | 1,645 | 190 | 2,207 | 7 |
| 12/31/2024 | 10,287 | 1,198 | -945 | 2,279 | 7 |
| 6/30/2024 | 9,631 | 982 | -1,357 | 1,609 | N/A |
| 3/31/2024 | 9,670 | 1,132 | -2,752 | 1,528 | N/A |
| 12/31/2023 | 9,901 | 1,479 | -3,467 | 1,738 | N/A |
| 9/30/2023 | 9,958 | 1,616 | -3,553 | 1,955 | N/A |
| 6/30/2023 | 9,944 | 2,041 | -2,344 | 2,178 | N/A |
| 3/31/2023 | 9,892 | 2,378 | -705 | 2,519 | N/A |
| 12/31/2022 | 10,060 | 2,617 | 923 | 3,058 | N/A |
| 9/30/2022 | 9,953 | 2,641 | 1,510 | 3,359 | N/A |
| 6/30/2022 | 9,940 | 2,555 | 2,365 | 3,766 | N/A |
| 3/31/2022 | 9,718 | 2,487 | 2,322 | 3,738 | N/A |
| 12/31/2021 | 9,249 | 2,268 | 2,189 | 3,454 | N/A |
| 9/30/2021 | 9,016 | 1,961 | 2,324 | 3,272 | N/A |
| 6/30/2021 | 8,369 | 1,628 | 1,880 | 2,672 | N/A |
| 3/31/2021 | 7,640 | 1,250 | 1,740 | 2,311 | N/A |
| 12/31/2020 | 6,977 | 964 | 1,259 | 1,832 | N/A |
| 9/30/2020 | 6,500 | 818 | 818 | 1,371 | N/A |
| 6/30/2020 | 6,166 | 639 | 378 | 1,012 | N/A |
| 3/31/2020 | 5,939 | 499 | 195 | 802 | N/A |
| 12/31/2019 | 5,743 | 401 | -36 | 576 | N/A |
| 12/31/2018 | 6,271 | 429 | 938 | 1,482 | N/A |
| 12/31/2017 | 5,876 | 70 | N/A | 1,667 | N/A |
| 12/31/2016 | 4,397 | -303 | N/A | 1,103 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688396's forecast earnings growth (26.7% per year) is above the savings rate (2.9%).
Earnings vs Market: 688396's earnings (26.7% per year) are forecast to grow faster than the CN market (22.5% per year).
High Growth Earnings: 688396's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688396's revenue (12% per year) is forecast to grow slower than the CN market (13.6% per year).
High Growth Revenue: 688396's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688396's Return on Equity is forecast to be low in 3 years time (7.2%).