Goertek Future Growth

Future criteria checks 1/6

Goertek is forecast to grow earnings and revenue by 19.8% and 10.4% per annum respectively. EPS is expected to grow by 19.1% per annum. Return on equity is forecast to be 11% in 3 years.

Key information

19.8%

Earnings growth rate

19.1%

EPS growth rate

Electronic earnings growth	32.3%
Revenue growth rate	10.4%
Future return on equity	11.0%
Analyst coverage	Good
Last updated	18 Nov 2024

Recent future growth updates

Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next

Mar 31

Recent updates

Investors Appear Satisfied With Goertek Inc.'s (SZSE:002241) Prospects As Shares Rocket 26%

Jul 15

Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Jun 11

Getting In Cheap On Goertek Inc. (SZSE:002241) Might Be Difficult

May 27

Goertek's (SZSE:002241) Dividend Will Be CN¥0.10

May 27

Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?

May 11

Goertek's (SZSE:002241) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 03

Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next

Mar 31

Calculating The Fair Value Of Goertek Inc. (SZSE:002241)

Mar 18

Earnings and Revenue Growth Forecasts

SZSE:002241 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	120,808	4,361	2,506	9,187	16
12/31/2025	110,749	3,531	2,118	8,001	20
12/31/2024	99,664	2,741	2,704	7,977	17
9/30/2024	94,272	2,541	2,925	7,411	N/A
6/30/2024	93,784	1,891	3,307	8,524	N/A
3/31/2024	93,764	1,361	3,357	9,552	N/A
12/31/2023	98,574	1,088	1,202	8,152	N/A
9/30/2023	104,689	-1,199	1,178	8,158	N/A
6/30/2023	106,463	92	-1,561	5,830	N/A
3/31/2023	108,905	954	-1,004	6,985	N/A
1/1/2023	104,894	1,749	227	8,317	N/A
9/30/2022	99,585	4,782	-1,901	6,400	N/A
6/30/2022	91,537	4,623	511	9,205	N/A
3/31/2022	84,305	4,210	2,095	9,192	N/A
1/1/2022	78,221	4,275	1,637	8,598	N/A
9/30/2021	75,802	4,164	3,857	10,733	N/A
6/30/2021	72,458	3,798	4,768	10,766	N/A
3/31/2021	65,297	3,520	1,733	8,157	N/A
12/31/2020	57,743	2,848	2,083	7,682	N/A
9/30/2020	45,744	2,312	-269	5,051	N/A
6/30/2020	37,145	1,537	150	4,314	N/A
3/31/2020	35,916	1,371	1,926	5,326	N/A
12/31/2019	35,148	1,281	2,274	5,451	N/A
9/30/2019	32,437	997	1,589	4,812	N/A
6/30/2019	28,900	947	-384	3,374	N/A
3/31/2019	25,410	887	-2,307	2,058	N/A
12/31/2018	23,751	868	-1,963	2,276	N/A
9/30/2018	23,724	1,610	-1,135	2,751	N/A
6/30/2018	23,989	1,865	N/A	2,957	N/A
3/31/2018	25,056	2,024	N/A	3,916	N/A
12/31/2017	25,536	2,139	N/A	3,531	N/A
9/30/2017	23,943	2,000	N/A	3,218	N/A
6/30/2017	22,717	1,896	N/A	3,339	N/A
3/31/2017	21,125	1,753	N/A	2,576	N/A
12/31/2016	19,288	1,651	N/A	2,269	N/A
9/30/2016	17,164	1,433	N/A	2,008	N/A
6/30/2016	14,785	1,207	N/A	1,990	N/A
3/31/2016	13,923	1,179	N/A	2,101	N/A
12/31/2015	13,656	1,251	N/A	2,409	N/A
9/30/2015	13,437	1,439	N/A	1,483	N/A
6/30/2015	13,442	1,568	N/A	1,340	N/A
3/31/2015	13,024	1,669	N/A	1,085	N/A
12/31/2014	12,699	1,657	N/A	1,165	N/A
9/30/2014	12,171	1,543	N/A	1,134	N/A
6/30/2014	11,056	1,436	N/A	1,166	N/A
3/31/2014	10,543	1,374	N/A	1,102	N/A
12/31/2013	10,049	1,307	N/A	846	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002241's forecast earnings growth (19.8% per year) is above the savings rate (2.8%).

Earnings vs Market: 002241's earnings (19.8% per year) are forecast to grow slower than the CN market (26.2% per year).

High Growth Earnings: 002241's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002241's revenue (10.4% per year) is forecast to grow slower than the CN market (13.8% per year).

High Growth Revenue: 002241's revenue (10.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002241's Return on Equity is forecast to be low in 3 years time (11%).

Goertek Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 12% to CN¥19.76

Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next

Consensus EPS estimates fall by 11%, revenue upgraded

Price target decreased by 13% to CN¥18.71

Price target decreased by 7.3% to CN¥23.09

Price target decreased to CN¥24.73

Recent updates

Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)

Goertek Inc. Announces the Profit Distribution Proposal for the Third Quarter of 2024

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Insufficient Growth At Goertek Inc. (SZSE:002241) Hampers Share Price

Goertek Inc. to Report Q3, 2024 Results on Oct 24, 2024

Investor sentiment improves as stock rises 22%

Be Wary Of Goertek (SZSE:002241) And Its Returns On Capital

Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?

Goertek Inc. Proposes Interim Dividend for the First Half of 2024, Payable on 23 August 2024

New minor risk - Earnings quality

Goertek Inc. Proposes Profit Distribution for the First Half of 2024

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

What Does Goertek Inc.'s (SZSE:002241) Share Price Indicate?

Investors Appear Satisfied With Goertek Inc.'s (SZSE:002241) Prospects As Shares Rocket 26%

Price target increased by 12% to CN¥19.76

Goertek Inc. to Report First Half, 2024 Results on Aug 15, 2024

Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Getting In Cheap On Goertek Inc. (SZSE:002241) Might Be Difficult

Goertek's (SZSE:002241) Dividend Will Be CN¥0.10

Dividend of CN¥0.10 announced

Goertek Inc. Announces Dividend Implementation for 2023, Payable on 31 May 2024

Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?

First quarter 2024 earnings: EPS and revenues miss analyst expectations

High number of new directors

Goertek's (SZSE:002241) Shareholders Have More To Worry About Than Only Soft Earnings

Now 20% overvalued

Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next

Goertek Inc. to Report Q1, 2024 Results on Apr 25, 2024

Goertek Inc., Annual General Meeting, May 21, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Calculating The Fair Value Of Goertek Inc. (SZSE:002241)

Now 22% overvalued after recent price rise

Goertek Inc. Unveils Cutting-Edge Technologies at CES 2024

Goertek Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024

Goertek Inc. (SZSE:002241) announces an Equity Buyback for CNY 700 million worth of its shares.

Goertek Inc. (SZSE:002241) announces an Equity Buyback for CNY 700 million worth of its shares.

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

Consensus EPS estimates fall by 11%, revenue upgraded

Price target decreased by 13% to CN¥18.71

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Goertek Inc. Announces Final Dividend on A Shares for the Year 2022, Payable on May 31, 2023

Goertek Inc. Unveils its First Smart Interactive Brace Reference Design for Smart Glasses, Delivering A More Immersive Visual Experience

Investor sentiment deteriorates as stock falls 20%

Price target decreased by 7.3% to CN¥23.09

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

Now 21% undervalued

Now 21% undervalued

Investor sentiment improves as stock rises 17%

Price target decreased to CN¥24.73

Consensus forecasts updated

Price target decreased to CN¥27.53

Goertek Inc. Approves Election of Director

Price target decreased to CN¥30.08

Less than half of directors are independent

Price target decreased to CN¥32.27

Investor sentiment deteriorated over the past week

Now 21% undervalued after recent price drop

Consensus EPS estimates fall by 11%

Price target decreased to CN¥39.92

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

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

Investor sentiment improved over the past week

Now 20% undervalued after recent price drop

Goertek Collaborates with Qualcomm Technologies, Inc. to Release Second Generation AR Reference Design Based on Snapdragon XR2

Goertek Inc. Approves Cash Dividend of 2021

Investor sentiment improved over the past week

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

Less than half of directors are independent

Goertek Inc., Annual General Meeting, May 12, 2022