Shandong Hi-speed Future Growth

Future criteria checks 1/6

Shandong Hi-speed's revenue is forecast to decline at 0.4% per annum while its annual earnings are expected to grow at 8.1% per year. EPS is expected to grow by 11% per annum. Return on equity is forecast to be 10.6% in 3 years.

Key information

8.1%

Earnings growth rate

11.0%

EPS growth rate

Infrastructure earnings growth	10.3%
Revenue growth rate	-0.4%
Future return on equity	10.6%
Analyst coverage	Low
Last updated	05 Jul 2024

Recent future growth updates

Shandong Hi-speed Company Limited Just Missed Earnings - But Analysts Have Updated Their Models

Apr 23

Recent updates

Shandong Hi-speed Company Limited's (SHSE:600350) Shares Lagging The Market But So Is The Business

Jul 17

Shandong Hi-speed's (SHSE:600350) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 20

Shandong Hi-speed (SHSE:600350) Has A Somewhat Strained Balance Sheet

May 31

Shandong Hi-speed Company Limited Just Missed Earnings - But Analysts Have Updated Their Models

Apr 23

Shandong Hi-speed Company Limited's (SHSE:600350) Share Price Is Matching Sentiment Around Its Earnings

Mar 20

Earnings and Revenue Growth Forecasts

SHSE:600350 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	25,477	4,072	N/A	9,917	1
12/31/2025	27,503	3,744	N/A	7,363	2
12/31/2024	28,690	3,472	N/A	7,416	2
3/31/2024	25,935	3,242	-1,642	6,085	N/A
12/31/2023	26,546	3,297	-1,135	6,010	N/A
9/30/2023	26,418	3,360	-754	5,013	N/A
6/30/2023	24,780	3,281	-733	5,010	N/A
3/31/2023	23,963	3,147	-922	4,970	N/A
12/31/2022	22,379	3,040	-1,235	5,223	N/A
9/30/2022	16,905	3,010	-485	9,263	N/A
6/30/2022	16,748	3,100	-505	9,040	N/A
3/31/2022	16,364	3,089	1,723	9,241	N/A
12/31/2021	16,204	3,052	1,371	9,794	N/A
9/30/2021	16,806	3,265	1,062	7,368	N/A
6/30/2021	16,439	3,516	2,112	7,474	N/A
3/31/2021	14,774	3,246	448	7,112	N/A
12/31/2020	13,003	2,281	-1,252	5,447	N/A
9/30/2020	10,018	2,310	-1,763	6,072	N/A
6/30/2020	9,703	1,768	-3,265	5,586	N/A
3/31/2020	10,438	2,233	-5,523	5,022	N/A
12/31/2019	10,415	3,126	-3,257	6,464	N/A
9/30/2019	9,871	2,138	-3,703	5,271	N/A
6/30/2019	8,591	2,070	-5,096	4,746	N/A
3/31/2019	7,037	2,976	-3,389	4,902	N/A
12/31/2018	6,829	2,944	-3,424	3,891	N/A
9/30/2018	7,895	3,001	-2,480	4,041	N/A
6/30/2018	7,781	3,920	-1,536	4,082	N/A
3/31/2018	7,927	2,705	-953	4,145	N/A
12/31/2017	8,127	2,703	N/A	4,108	N/A
9/30/2017	8,905	3,287	N/A	5,907	N/A
6/30/2017	8,795	3,094	N/A	6,341	N/A
3/31/2017	8,687	3,142	N/A	5,940	N/A
12/31/2016	8,461	3,089	N/A	6,693	N/A
9/30/2016	6,907	3,457	N/A	4,909	N/A
6/30/2016	7,042	2,980	N/A	4,343	N/A
3/31/2016	6,996	2,850	N/A	4,023	N/A
12/31/2015	6,974	2,696	N/A	2,921	N/A
9/30/2015	5,951	2,570	N/A	3,701	N/A
6/30/2015	5,997	2,553	N/A	3,123	N/A
3/31/2015	6,516	2,616	N/A	2,723	N/A
12/31/2014	6,417	2,591	N/A	2,729	N/A
9/30/2014	6,901	2,419	N/A	812	N/A
6/30/2014	6,553	2,343	N/A	1,268	N/A
3/31/2014	5,943	2,228	N/A	1,970	N/A
12/31/2013	5,831	2,322	N/A	1,832	N/A
9/30/2013	5,418	2,071	N/A	981	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600350's forecast earnings growth (8.1% per year) is above the savings rate (2.9%).

Earnings vs Market: 600350's earnings (8.1% per year) are forecast to grow slower than the CN market (22.2% per year).

High Growth Earnings: 600350's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600350's revenue is expected to decline over the next 3 years (-0.4% per year).

High Growth Revenue: 600350's revenue is forecast to decline over the next 3 years (-0.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600350's Return on Equity is forecast to be low in 3 years time (10.6%).

Shandong Hi-speed Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 40%, EPS downgraded

Shandong Hi-speed Company Limited Just Missed Earnings - But Analysts Have Updated Their Models

Price target increased by 28% to CN¥9.75

Price target increased by 11% to CN¥7.36

Price target decreased to CN¥6.01

Price target decreased to CN¥6.64

Recent updates

Shandong Hi-speed Company Limited's (SHSE:600350) Shares Lagging The Market But So Is The Business

Less than half of directors are independent

Shandong Hi-speed Company Limited to Report First Half, 2024 Results on Aug 31, 2024

Shandong Hi-speed's (SHSE:600350) Shareholders Will Receive A Bigger Dividend Than Last Year

Dividend increased to CN¥0.42

Shandong Hi-speed (SHSE:600350) Has A Somewhat Strained Balance Sheet

Consensus revenue estimates increase by 40%, EPS downgraded

Shandong Hi-speed Company Limited Just Missed Earnings - But Analysts Have Updated Their Models

Price target increased by 28% to CN¥9.75

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

Shandong Hi-speed Company Limited, Annual General Meeting, May 09, 2024

Shandong Hi-speed Company Limited to Report Q1, 2024 Results on Apr 30, 2024

Shandong Hi-speed Company Limited's (SHSE:600350) Share Price Is Matching Sentiment Around Its Earnings

Shandong Hi-speed Company Limited to Report Fiscal Year 2023 Results on Mar 30, 2024

Third quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2022)

Price target increased by 11% to CN¥7.36

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Yantai Fushan District State-owned Holding Group Co., Ltd. agreed to acquire Yantai Hesheng Real Estate Development Co., Ltd. from Shandong Hi-speed Company Limited (SHSE:600350) for RMB 2135.24 million.

Price target decreased to CN¥6.01

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.14 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.14 in 2Q 2021)

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

Price target decreased to CN¥6.64

Less than half of directors are independent

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.22 in 3Q 2020)

Price target decreased to CN¥6.92

Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.12 in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.066 loss in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.40 (vs CN¥0.63 in FY 2019)

New 90-day high: CN¥6.51

New 90-day high: CN¥6.76

Third quarter 2020 earnings released: EPS CN¥0.22

Shandong Hi-speed Company Limited to Report Q3, 2020 Results on Oct 30, 2020

New 90-day low - CN¥5.81

Earnings released

Shandong Hi-speed Company Limited to Report First Half, 2020 Results on Aug 26, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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