Hengtong Optic-Electric Future Growth

Future criteria checks 3/6

Hengtong Optic-Electric is forecast to grow earnings and revenue by 20.9% and 14.8% per annum respectively. EPS is expected to grow by 22.1% per annum. Return on equity is forecast to be 11.6% in 3 years.

Key information

20.9%

Earnings growth rate

22.1%

EPS growth rate

Communications earnings growth	35.8%
Revenue growth rate	14.8%
Future return on equity	11.6%
Analyst coverage	Good
Last updated	29 Apr 2024

Recent future growth updates

Recent updates

Hengtong Optic-Electric (SHSE:600487) Might Be Having Difficulty Using Its Capital Effectively

Apr 28

Should You Be Adding Hengtong Optic-Electric (SHSE:600487) To Your Watchlist Today?

Mar 20

Here's Why Hengtong Optic-Electric (SHSE:600487) Has A Meaningful Debt Burden

Feb 28

Earnings and Revenue Growth Forecasts

SHSE:600487 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	78,909	5,199	N/A	4,652	1
12/31/2025	63,460	3,308	N/A	3,637	9
12/31/2024	56,397	3,029	N/A	2,296	10
3/31/2024	48,540	2,272	547	2,304	N/A
12/31/2023	47,622	2,154	-248	1,857	N/A
9/30/2023	46,913	1,968	-1,913	766	N/A
6/30/2023	47,535	1,973	-1,914	696	N/A
3/31/2023	47,979	1,637	-1,687	979	N/A
12/31/2022	46,464	1,586	-1,788	855	N/A
9/30/2022	46,112	1,540	-1,507	1,428	N/A
6/30/2022	45,320	1,625	-1,841	1,046	N/A
3/31/2022	43,649	1,516	-1,076	1,900	N/A
12/31/2021	41,271	1,436	-1,330	1,376	N/A
9/30/2021	36,832	1,504	52	1,770	N/A
6/30/2021	34,971	1,290	429	1,539	N/A
3/31/2021	33,412	1,092	420	1,764	N/A
12/31/2020	32,384	1,062	94	1,612	N/A
9/30/2020	32,524	1,049	365	2,962	N/A
6/30/2020	31,818	1,075	-770	2,420	N/A
3/31/2020	30,907	1,139	-2,685	974	N/A
12/31/2019	31,760	1,362	-2,101	1,517	N/A
9/30/2019	34,360	1,612	-3,500	414	N/A
6/30/2019	34,006	2,090	-2,899	637	N/A
3/31/2019	34,337	2,507	-1,553	2,103	N/A
12/31/2018	33,866	2,532	-2,029	1,853	N/A
9/30/2018	31,035	2,541	-1,978	2,114	N/A
6/30/2018	29,810	2,509	-2,939	1,091	N/A
3/31/2018	27,702	2,309	-2,455	339	N/A
12/31/2017	25,952	2,105	N/A	288	N/A
9/30/2017	24,870	1,940	N/A	1,070	N/A
6/30/2017	22,665	1,701	N/A	1,747	N/A
3/31/2017	20,553	1,479	N/A	2,242	N/A
12/31/2016	19,301	1,316	N/A	2,579	N/A
9/30/2016	17,295	1,218	N/A	1,179	N/A
6/30/2016	16,196	815	N/A	1,236	N/A
3/31/2016	14,951	637	N/A	805	N/A
12/31/2015	13,565	573	N/A	1,157	N/A
9/30/2015	13,081	497	N/A	108	N/A
6/30/2015	11,810	398	N/A	285	N/A
3/31/2015	10,764	352	N/A	251	N/A
12/31/2014	10,422	344	N/A	228	N/A
9/30/2014	9,577	349	N/A	151	N/A
6/30/2014	9,027	314	N/A	-17	N/A
3/31/2014	8,672	300	N/A	62	N/A
12/31/2013	8,587	291	N/A	113	N/A
9/30/2013	8,270	267	N/A	307	N/A
6/30/2013	7,869	229	N/A	814	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600487's forecast earnings growth (20.9% per year) is above the savings rate (2.9%).

Earnings vs Market: 600487's earnings (20.9% per year) are forecast to grow slower than the CN market (24.3% per year).

High Growth Earnings: 600487's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600487's revenue (14.8% per year) is forecast to grow faster than the CN market (14.6% per year).

High Growth Revenue: 600487's revenue (14.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600487's Return on Equity is forecast to be low in 3 years time (11.6%).

Hengtong Optic-Electric Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 18% to CN¥13.97

Price target decreased by 8.0% to CN¥17.04

Price target increased to CN¥18.83

Consensus forecasts updated

Price target decreased to CN¥16.28

Price target increased to CN¥17.62

Recent updates

Hengtong Optic-Electric (SHSE:600487) Might Be Having Difficulty Using Its Capital Effectively

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024

Price target decreased by 18% to CN¥13.97

Hengtong Optic-Electric Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024

Should You Be Adding Hengtong Optic-Electric (SHSE:600487) To Your Watchlist Today?

Here's Why Hengtong Optic-Electric (SHSE:600487) Has A Meaningful Debt Burden

Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 200 million worth of its shares.

Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024

Price target decreased by 8.0% to CN¥17.04

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 100 million worth of its shares.

Hengtong Optic-Electric Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Full year 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.61 in FY 2021)

Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd.

Price target increased to CN¥18.83

Less than half of directors are independent

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Consensus forecasts updated

Price target decreased to CN¥16.28

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Price target increased to CN¥17.62

Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.22 in 3Q 2020)

Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.22 in 3Q 2020)

Price target increased to CN¥14.29

Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.11 in 2Q 2020)

Investor sentiment improved over the past week

Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire Suzhou Hengtong Huanwang Information Service Co., Ltd. from Hengtong Group Co., Ltd for CNY 23.7 million on July 24, 2021.

Consensus EPS estimates fall to CN¥0.70

Price target decreased to CN¥14.12

Consensus revenue estimates fall to CN¥34.2b

First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.12 in 1Q 2020)

New 90-day low: CN¥13.41

Price target lowered to CN¥17.42

New 90-day low: CN¥14.10

Analysts lower EPS estimates to CN¥0.60

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS CN¥0.22

Hengtong Optic-Electric Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

Price target lowered to CN¥20.91

New 90-day low: CN¥14.67

Analysts update estimates

First half earnings released

New 90-day low - CN¥16.02

HeHengtong Optic-Electric Co., Ltd. (SHSE:600487) completed the acquisition of 30% stake in Huawei Marine Networks Co., Limited from Global Marine Holdings, LLC.

Hengtong Optic-Electric Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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