iFLYTEKLTD Future Growth

Future criteria checks 4/6

iFLYTEKLTD is forecast to grow earnings and revenue by 62.3% and 14.7% per annum respectively. EPS is expected to grow by 36.2% per annum. Return on equity is forecast to be 7.6% in 3 years.

Key information

63.7%

Earnings growth rate

34.8%

EPS growth rate

Software earnings growth	42.3%
Revenue growth rate	14.8%
Future return on equity	7.6%
Analyst coverage	Good
Last updated	22 Aug 2024

Recent future growth updates

iFLYTEK CO.,LTD (SZSE:002230) Just Reported And Analysts Have Been Cutting Their Estimates

Apr 26

Recent updates

iFLYTEK CO.,LTD (SZSE:002230) Investors Are Less Pessimistic Than Expected

Jul 24

iFLYTEK CO.,LTD's (SZSE:002230) Intrinsic Value Is Potentially 58% Above Its Share Price

May 21

iFLYTEKLTD's (SZSE:002230) Profits May Be Overstating Its True Earnings Potential

Apr 29

iFLYTEK CO.,LTD (SZSE:002230) Just Reported And Analysts Have Been Cutting Their Estimates

Apr 26

iFLYTEKLTD (SZSE:002230) Is Carrying A Fair Bit Of Debt

Apr 24

Market Participants Recognise iFLYTEK CO.,LTD's (SZSE:002230) Revenues

Feb 28

Earnings and Revenue Growth Forecasts

SZSE:002230 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	32,019	1,633	1,758	2,787	20
12/31/2025	27,729	1,281	1,408	2,284	23
12/31/2024	23,153	621	437	2,516	4
6/30/2024	21,133	183	-4,369	343	N/A
3/31/2024	20,409	415	-3,743	634	N/A
12/31/2023	19,650	657	-3,732	350	N/A
9/30/2023	18,773	240	-1,958	471	N/A
6/30/2023	18,639	357	-1,469	719	N/A
3/31/2023	18,202	393	-1,978	145	N/A
1/1/2023	18,820	561	-1,637	631	N/A
9/30/2022	20,106	1,248	-653	1,369	N/A
6/30/2022	20,018	1,416	-1,210	1,010	N/A
3/31/2022	19,318	1,528	-1,388	916	N/A
1/1/2022	18,314	1,556	-1,189	893	N/A
9/30/2021	16,609	1,538	-853	1,168	N/A
6/30/2021	14,994	1,524	-93	1,572	N/A
3/31/2021	14,117	1,635	538	1,849	N/A
12/31/2020	13,025	1,364	1,021	2,271	N/A
9/30/2020	10,790	1,000	-58	1,591	N/A
6/30/2020	10,200	888	-558	1,243	N/A
3/31/2020	9,529	586	-435	1,282	N/A
12/31/2019	10,079	819	-355	1,531	N/A
9/30/2019	9,207	697	-363	1,397	N/A
6/30/2019	8,935	601	-478	1,224	N/A
3/31/2019	8,478	562	-621	1,246	N/A
12/31/2018	7,917	542	-675	1,148	N/A
9/30/2018	7,341	485	-1,162	317	N/A
6/30/2018	6,552	458	-1,013	271	N/A
3/31/2018	5,986	443	N/A	215	N/A
12/31/2017	5,445	435	N/A	363	N/A
9/30/2017	4,566	375	N/A	2	N/A
6/30/2017	3,961	336	N/A	25	N/A
3/31/2017	3,544	488	N/A	-2	N/A
12/31/2016	3,320	484	N/A	299	N/A
9/30/2016	2,968	480	N/A	120	N/A
6/30/2016	2,924	538	N/A	153	N/A
3/31/2016	2,728	429	N/A	427	N/A
12/31/2015	2,501	425	N/A	516	N/A
9/30/2015	2,344	405	N/A	321	N/A
6/30/2015	2,167	406	N/A	322	N/A
3/31/2015	1,919	395	N/A	355	N/A
12/31/2014	1,775	379	N/A	420	N/A
9/30/2014	1,602	337	N/A	330	N/A
6/30/2014	1,482	313	N/A	297	N/A
3/31/2014	1,343	296	N/A	299	N/A
12/31/2013	1,254	279	N/A	296	N/A
9/30/2013	1,014	223	N/A	244	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002230's forecast earnings growth (62.3% per year) is above the savings rate (2.9%).

Earnings vs Market: 002230's earnings (62.3% per year) are forecast to grow faster than the CN market (21.9% per year).

High Growth Earnings: 002230's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 002230's revenue (14.7% per year) is forecast to grow faster than the CN market (13.4% per year).

High Growth Revenue: 002230's revenue (14.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002230's Return on Equity is forecast to be low in 3 years time (7.6%).

iFLYTEKLTD Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 41%

Price target decreased by 7.4% to CN¥56.27

iFLYTEK CO.,LTD (SZSE:002230) Just Reported And Analysts Have Been Cutting Their Estimates

Consensus EPS estimates fall by 21%

Price target decreased by 10% to CN¥65.88

Consensus EPS estimates fall by 25%

Recent updates

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

iFLYTEK CO.,LTD (SZSE:002230) Investors Are Less Pessimistic Than Expected

iFLYTEK Unveils Spark V4.0 at MWC Shanghai: Leading the Next AI Wave

Dividend of CN¥0.10 announced

iFLYTEK CO.,LTD to Report First Half, 2024 Results on Aug 22, 2024

iFLYTEK CO.,LTD's (SZSE:002230) Intrinsic Value Is Potentially 58% Above Its Share Price

iFLYTEK Launches Smart Recorder

iFLYTEKLTD's (SZSE:002230) Profits May Be Overstating Its True Earnings Potential

Consensus EPS estimates fall by 41%

Price target decreased by 7.4% to CN¥56.27

iFLYTEK CO.,LTD (SZSE:002230) Just Reported And Analysts Have Been Cutting Their Estimates

iFLYTEKLTD (SZSE:002230) Is Carrying A Fair Bit Of Debt

First quarter 2024 earnings: EPS and revenues miss analyst expectations

iFLYTEK CO.,LTD, Annual General Meeting, May 13, 2024

iFLYTEK CO.,LTD to Report Q1, 2024 Results on Apr 23, 2024

Market Participants Recognise iFLYTEK CO.,LTD's (SZSE:002230) Revenues

Consensus EPS estimates fall by 21%

iFLYTEK CO.,LTD to Report Fiscal Year 2023 Results on Apr 23, 2024

iFLYTEK Launches Cutting-Edge Products and Services

Iflytek Highlights Expanding Applications of Spark Desk At the 2023 World Internet Conference Wuzhen Summit

Price target decreased by 10% to CN¥65.88

iFLYTEK Introduces Agriculture Large Model, Gengyun, During Harvest Festival

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 25%

iFLYTEK Launches Budapest Joint A.I. Open Platform at World Athletics Championships Budapest 23

Consensus EPS estimates fall by 21%

Second quarter 2023 earnings: EPS exceeds analyst expectations

iFLYTEK CO.,LTD to Report First Half, 2023 Results on Aug 12, 2023

iFLYTEK CO.,LTD Announces Final Dividend on A Shares for the Year 2022, Payable on July 5, 2023

Price target increased by 8.1% to CN¥67.00

Price target increased by 7.1% to CN¥55.61

Full year 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.70 in FY 2021)

Consensus EPS estimates increase by 34%

Price target increased by 8.0% to CN¥51.53

Consensus EPS estimates fall by 66%

Investor sentiment improved over the past week

Iflytek Co.,Ltd Announces Board Elections

Less than half of directors are independent

Consensus revenue estimates fall by 10%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Second quarter 2022 earnings: Revenues miss analyst expectations

iFLYTEK CO.,LTD (SZSE:002230) announces an Equity Buyback for CNY 1,000 million worth of its shares.

iFLYTEK CO.,LTD Implements 2021 Final Profit Distribution Plan (A Shares), Payable on 13 June 2022

Less than half of directors are independent

iFLYTEK CO.,LTD Approves 2021 Profit Distribution Plan At the Annual General Meeting Held on May 12, 2022

Consensus forecasts updated

Price target decreased to CN¥59.45

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

iFLYTEK CO.,LTD Proposes Cash Dividend for 2021

Now 21% undervalued after recent price drop

Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.18 in 2Q 2020)

Price target increased to CN¥64.02

Iflytek Co.,Ltd Approves Proposes Cash Dividend for 2020

Price target increased to CN¥57.42

Full year 2020 earnings released: EPS CN¥0.65 (vs CN¥0.40 in FY 2019)

iFLYTEK CO.,LTD to Report Fiscal Year 2020 Results on Apr 20, 2021

New 90-day high: CN¥53.55

Price target raised to CN¥47.43

New 90-day high: CN¥44.32

Price target raised to CN¥43.35

Glory Star New Media Group Holdings Limited Signs Annual Contract with Iflytek and Receives First Purchase Orders of RMB 9.5 Million

New 90-day high: CN¥40.18

Third quarter earnings released

iFLYTEK CO.,LTD to Report Q3, 2020 Results on Oct 27, 2020

New 90-day low: CN¥34.45

First half earnings released

Earnings and Revenue Growth Forecasts