Lens Technology Future Growth

Future criteria checks 4/6

Lens Technology is forecast to grow earnings and revenue by 23% and 15.5% per annum respectively. EPS is expected to grow by 22.9% per annum. Return on equity is forecast to be 10.2% in 3 years.

Key information

23.0%

Earnings growth rate

22.9%

EPS growth rate

Electronic earnings growth	27.6%
Revenue growth rate	15.5%
Future return on equity	10.2%
Analyst coverage	Good
Last updated	28 Aug 2024

Recent future growth updates

Recent updates

Lens Technology Co., Ltd. (SZSE:300433) Shares Could Be 24% Above Their Intrinsic Value Estimate

Aug 14

We Think That There Are Some Issues For Lens Technology (SZSE:300433) Beyond Its Promising Earnings

Apr 30

Is Now An Opportune Moment To Examine Lens Technology Co., Ltd. (SZSE:300433)?

Apr 02

Lens Technology (SZSE:300433) Has A Pretty Healthy Balance Sheet

Mar 15

Calculating The Intrinsic Value Of Lens Technology Co., Ltd. (SZSE:300433)

Feb 29

Earnings and Revenue Growth Forecasts

SZSE:300433 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	92,276	5,908	4,323	10,307	11
12/31/2025	80,565	5,029	3,615	9,514	12
12/31/2024	67,981	3,874	3,126	8,022	10
6/30/2024	63,180	3,328	2,424	8,305	N/A
3/31/2024	60,150	3,266	2,394	8,180	N/A
12/31/2023	54,491	3,021	3,857	9,300	N/A
9/30/2023	48,930	3,338	4,224	8,855	N/A
6/30/2023	47,693	3,307	4,898	10,125	N/A
3/31/2023	47,203	2,924	2,710	8,734	N/A
1/1/2023	46,699	2,448	2,328	9,181	N/A
9/30/2022	42,919	-467	-1,382	6,868	N/A
6/30/2022	43,060	-543	-2,305	6,153	N/A
3/31/2022	42,612	453	721	8,204	N/A
1/1/2022	45,268	2,070	-804	6,039	N/A
9/30/2021	44,782	4,761	638	7,022	N/A
6/30/2021	42,763	5,293	2,753	8,342	N/A
3/31/2021	41,979	5,219	955	6,977	N/A
12/31/2020	36,939	4,896	1,660	7,580	N/A
9/30/2020	35,745	4,793	2,442	8,030	N/A
6/30/2020	34,466	4,537	3,245	8,062	N/A
3/31/2020	32,401	3,449	2,438	6,991	N/A
12/31/2019	30,258	2,469	2,730	7,251	N/A
9/30/2019	29,320	681	-384	5,817	N/A
6/30/2019	28,183	22	-2,074	5,904	N/A
3/31/2019	28,030	430	-2,769	5,777	N/A
12/31/2018	27,717	637	-4,221	4,873	N/A
9/30/2018	27,579	2,219	-3,100	4,756	N/A
6/30/2018	25,935	2,194	-3,461	3,308	N/A
3/31/2018	24,089	1,936	N/A	4,482	N/A
12/31/2017	23,703	2,047	N/A	4,168	N/A
9/30/2017	19,702	1,302	N/A	3,931	N/A
6/30/2017	18,239	1,268	N/A	4,360	N/A
3/31/2017	16,669	1,259	N/A	3,926	N/A
12/31/2016	15,236	1,204	N/A	3,379	N/A
9/30/2016	15,107	1,254	N/A	2,960	N/A
6/30/2016	14,226	1,105	N/A	3,049	N/A
3/31/2016	15,733	1,302	N/A	3,408	N/A
12/31/2015	17,227	1,543	N/A	3,420	N/A
9/30/2015	17,418	1,473	N/A	3,098	N/A
6/30/2015	17,593	1,350	N/A	2,312	N/A
3/31/2015	16,069	1,287	N/A	2,092	N/A
12/31/2014	14,497	1,177	N/A	2,558	N/A
12/31/2013	13,352	2,444	N/A	3,521	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300433's forecast earnings growth (23% per year) is above the savings rate (2.9%).

Earnings vs Market: 300433's earnings (23% per year) are forecast to grow faster than the CN market (22.5% per year).

High Growth Earnings: 300433's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 300433's revenue (15.5% per year) is forecast to grow faster than the CN market (13.6% per year).

High Growth Revenue: 300433's revenue (15.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 300433's Return on Equity is forecast to be low in 3 years time (10.2%).

Lens Technology Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 7.1% to CN¥17.66

Consensus EPS estimates increase by 28%

Price target decreased to CN¥14.79

Consensus EPS estimates increase by 52%

Price target decreased to CN¥19.38

Consensus revenue estimates fall by 17%

Recent updates

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Lens Technology Co., Ltd. (SZSE:300433) Shares Could Be 24% Above Their Intrinsic Value Estimate

Now 22% overvalued after recent price rise

When Should You Buy Lens Technology Co., Ltd. (SZSE:300433)?

Price target increased by 7.1% to CN¥17.66

Lens Technology (SZSE:300433) Has Some Way To Go To Become A Multi-Bagger

Lens Technology Co., Ltd. to Report First Half, 2024 Results on Aug 26, 2024

There's Reason For Concern Over Lens Technology Co., Ltd.'s (SZSE:300433) Price

We Think That There Are Some Issues For Lens Technology (SZSE:300433) Beyond Its Promising Earnings

New minor risk - Earnings quality

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

Is Now An Opportune Moment To Examine Lens Technology Co., Ltd. (SZSE:300433)?

Lens Technology Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024

Lens Technology (SZSE:300433) Has A Pretty Healthy Balance Sheet

Now 23% overvalued after recent price rise

Calculating The Intrinsic Value Of Lens Technology Co., Ltd. (SZSE:300433)

Lens Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Lens Technology Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 01 June 2023

Lens Technology Approves Cash Dividend for 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 28%

Full year 2022 earnings released: EPS: CN¥0.50 (vs CN¥0.42 in FY 2021)

Now 20% undervalued

High number of new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

High number of new directors

Price target decreased to CN¥14.79

Lens Technology Co., Ltd. Announces Final Cash Dividend on A Shares for 2021, Payable on 01 June 2022

Consensus EPS estimates increase by 52%

Lens Technology Co., Ltd. Approves Cash Dividend for 2021

Price target decreased to CN¥19.38

Consensus revenue estimates fall by 17%

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Lens Technology Co., Ltd. Proposes Cash Dividend for 2021

Price target decreased to CN¥22.29

Price target decreased to CN¥22.91

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to CN¥25.43

Investor sentiment improved over the past week

Price target decreased to CN¥30.68

Third quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.35 in 3Q 2020)

Price target decreased to CN¥37.21

Price target decreased to CN¥37.21

Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.24 in 2Q 2020)

Independent Director Shao Zhang has left the company

Independent Director Xiang Xi Tang has left the company

Director Xin Zhou has left the company

Price target increased to CN¥40.82

Lens Technology Co., Ltd. Approves Cash Dividend for the Year 2020

Lens Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2020

Full year 2020 earnings released: EPS CN¥1.12 (vs CN¥0.62 in FY 2019)

New 90-day low: CN¥28.83

Analysts update estimates

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: CN¥37.00

New 90-day low: CN¥30.29

New 90-day low: CN¥30.38

Analysts update estimates

Third-quarter earnings released: Revenue and earnings beat expectations

Third quarter earnings released

Lens Technology Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020

Lens Technology Co., Ltd. (SZSE:300433) entered into an agreement to acquire Meeca Technology (Taizhou) Co. Ltd. and Topo Technology (Taizhou) Co., Ltd. from Lyra International Co., Ltd. for $1.4 billion (CNY 9.9 billion).

New 90-day high - CN¥36.77

Price target raised to CN¥36.29

Earnings released