Shennan Circuit Future Growth

Future criteria checks 2/6

Shennan Circuit is forecast to grow earnings and revenue by 18.4% and 13.7% per annum respectively. EPS is expected to grow by 18.3% per annum. Return on equity is forecast to be 13.5% in 3 years.

Key information

18.4%

Earnings growth rate

18.3%

EPS growth rate

Electronic earnings growth	26.8%
Revenue growth rate	13.7%
Future return on equity	13.5%
Analyst coverage	Good
Last updated	29 Jul 2024

Recent future growth updates

CN¥81.25 - That's What Analysts Think Shennan Circuit Company Limited (SZSE:002916) Is Worth After These Results

Mar 17

Recent updates

CN¥81.25 - That's What Analysts Think Shennan Circuit Company Limited (SZSE:002916) Is Worth After These Results

Mar 17

What Shennan Circuit Company Limited's (SZSE:002916) 31% Share Price Gain Is Not Telling You

Feb 29

Earnings and Revenue Growth Forecasts

SZSE:002916 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	21,363	2,557	1,881	4,185	14
12/31/2025	18,602	2,109	1,336	3,729	15
12/31/2024	16,143	1,707	690	3,148	14
3/31/2024	14,703	1,571	-661	2,463	N/A
12/31/2023	13,526	1,398	-660	2,589	N/A
9/30/2023	12,969	1,367	-1,097	2,299	N/A
6/30/2023	13,055	1,363	-415	2,767	N/A
3/31/2023	13,462	1,500	-9	3,259	N/A
1/1/2023	13,992	1,641	-198	3,180	N/A
9/30/2022	14,673	1,636	473	3,641	N/A
6/30/2022	15,033	1,672	-73	3,157	N/A
3/31/2022	14,533	1,585	-392	2,532	N/A
1/1/2022	13,943	1,481	-317	2,342	N/A
9/30/2021	12,373	1,359	-1,032	1,588	N/A
6/30/2021	11,566	1,267	-750	1,813	N/A
3/31/2021	11,828	1,397	-749	1,856	N/A
12/31/2020	11,600	1,430	-686	1,800	N/A
9/30/2020	11,849	1,463	-839	1,763	N/A
6/30/2020	11,648	1,486	-960	1,596	N/A
3/31/2020	10,859	1,323	-723	1,566	N/A
12/31/2019	10,524	1,233	-920	1,263	N/A
9/30/2019	9,923	1,092	-537	1,353	N/A
6/30/2019	9,154	888	-607	977	N/A
3/31/2019	8,288	767	-290	987	N/A
12/31/2018	7,602	697	-305	879	N/A
9/30/2018	6,809	582	-91	892	N/A
6/30/2018	6,197	477	-24	765	N/A
3/31/2018	5,877	463	186	938	N/A
12/31/2017	5,687	448	N/A	966	N/A
9/30/2017	5,474	406	N/A	726	N/A
12/31/2016	4,599	274	N/A	802	N/A
12/31/2015	3,519	162	N/A	573	N/A
12/31/2014	3,638	191	N/A	469	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002916's forecast earnings growth (18.4% per year) is above the savings rate (2.9%).

Earnings vs Market: 002916's earnings (18.4% per year) are forecast to grow slower than the CN market (22.1% per year).

High Growth Earnings: 002916's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002916's revenue (13.7% per year) is forecast to grow faster than the CN market (13.6% per year).

High Growth Revenue: 002916's revenue (13.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002916's Return on Equity is forecast to be low in 3 years time (13.5%).

Shennan Circuit Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 9.3% to CN¥96.18

Price target increased by 8.8% to CN¥91.82

Price target increased by 11% to CN¥84.63

CN¥81.25 - That's What Analysts Think Shennan Circuit Company Limited (SZSE:002916) Is Worth After These Results

Price target decreased by 7.7% to CN¥85.38

Consensus revenue estimates fall by 10%

Recent updates

Price target increased by 9.3% to CN¥96.18

Capital Allocation Trends At Shennan Circuit (SZSE:002916) Aren't Ideal

Price target increased by 8.8% to CN¥91.82

Should You Be Adding Shennan Circuit (SZSE:002916) To Your Watchlist Today?

Investor sentiment improves as stock rises 17%

Now 24% overvalued after recent price rise

Now 21% overvalued after recent price rise

Shennan Circuit Company Limited to Report First Half, 2024 Results on Aug 28, 2024

What Shennan Circuit Company Limited's (SZSE:002916) P/E Is Not Telling You

Investor sentiment improves as stock rises 17%

Now 20% overvalued after recent price rise

Shennan Circuit's (SZSE:002916) Dividend Will Be Reduced To CN¥0.90

Dividend reduced to CN¥0.90

Shennan Circuit Company Limited Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 30 May 2024

Now 21% overvalued after recent price rise

Calculating The Fair Value Of Shennan Circuit Company Limited (SZSE:002916)

Is Shennan Circuit (SZSE:002916) Using Too Much Debt?

Concerns Surrounding Shennan Circuit's (SZSE:002916) Performance

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Capital Allocation Trends At Shennan Circuit (SZSE:002916) Aren't Ideal

Now 23% overvalued after recent price rise

Shennan Circuit Company Limited to Report Q1, 2024 Results on Apr 16, 2024

Price target increased by 11% to CN¥84.63

CN¥81.25 - That's What Analysts Think Shennan Circuit Company Limited (SZSE:002916) Is Worth After These Results

New minor risk - Earnings quality

Shennan Circuit Company Limited, Annual General Meeting, Apr 18, 2024

Shennan Circuit Company Limited, Annual General Meeting, Apr 18, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 22% undervalued

Investor sentiment improves as stock rises 21%

What Shennan Circuit Company Limited's (SZSE:002916) 31% Share Price Gain Is Not Telling You

Investor sentiment improves as stock rises 17%

Shennan Circuit Company Limited to Report Fiscal Year 2023 Results on Mar 15, 2024

New minor risk - Earnings quality

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Shennan Circuit Company Limited to Report Q3, 2023 Results on Oct 27, 2023

Price target decreased by 7.7% to CN¥85.38

Consensus revenue estimates fall by 10%

Price target decreased by 7.4% to CN¥87.43

Consensus EPS estimates increase by 25%

Consensus EPS estimates increase by 25%

Shennan Circuit Company Limited Approves 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on May 30, 2023

Consensus revenue estimates fall by 11%

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 23%

Full year 2022 earnings: EPS and revenues miss analyst expectations

High number of new and inexperienced directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Shennan Circuit Company Limited Approves 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on May 30, 2022

High number of new and inexperienced directors

Shennan Circuit Company Limited Approves 2021 Profit Distribution Plan

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Third quarter 2021 earnings released: EPS CN¥0.95 (vs CN¥0.78 in 3Q 2020)

Consensus EPS estimates fall to CN¥2.86

Investor sentiment improved over the past week

Shennan Circuit Company Limited Announces Final Cash Dividend for 2020, Payable on 01 June 2021

Consensus EPS estimates fall to CN¥2.87

First quarter 2021 earnings released: EPS CN¥0.50 (vs CN¥0.59 in 1Q 2020)

Consensus EPS estimates fall to CN¥3.57

Shennan Circuit Company Limited Proposes Final Dividend for the Year 2020

New 90-day low: CN¥97.30

Revenue and earnings miss expectations

Full year 2020 earnings released: EPS CN¥3.00 (vs CN¥2.61 in FY 2019)

Shennan Circuit Company Limited to Report Fiscal Year 2020 Results on Mar 13, 2021

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day low: CN¥102

Market bids up stock over the past week