Zhejiang Provincial New Energy Investment Group Future Growth
Future criteria checks 2/6
Zhejiang Provincial New Energy Investment Group is forecast to grow earnings and revenue by 23.9% and 10.1% per annum respectively. EPS is expected to grow by 23.5% per annum. Return on equity is forecast to be 9.5% in 3 years.
Key information
23.9%
Earnings growth rate
23.5%
EPS growth rate
| Renewable Energy earnings growth | 14.0% |
| Revenue growth rate | 10.1% |
| Future return on equity | 9.5% |
| Analyst coverage | Low |
| Last updated | 02 May 2024 |
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,324 | 1,451 | N/A | 4,713 | 1 |
| 12/31/2025 | 5,970 | 1,325 | N/A | 4,231 | 1 |
| 12/31/2024 | 5,618 | 1,083 | N/A | 3,544 | 1 |
| 3/31/2024 | 4,650 | 679 | -1,240 | 2,494 | N/A |
| 12/31/2023 | 4,523 | 627 | -1,708 | 2,460 | N/A |
| 9/30/2023 | 4,453 | 470 | -804 | 2,837 | N/A |
| 6/30/2023 | 4,326 | 380 | -1,208 | 2,873 | N/A |
| 3/31/2023 | 4,595 | 692 | -724 | 2,912 | N/A |
| 12/31/2022 | 4,598 | 775 | -389 | 2,911 | N/A |
| 9/30/2022 | 4,467 | 995 | -560 | 2,185 | N/A |
| 6/30/2022 | 4,399 | 1,148 | -650 | 1,814 | N/A |
| 3/31/2022 | 3,778 | 859 | -774 | 1,503 | N/A |
| 12/31/2021 | 3,235 | 689 | -1,673 | 1,159 | N/A |
| 9/30/2021 | 2,916 | 547 | -2,317 | 1,170 | N/A |
| 6/30/2021 | 2,490 | 345 | -2,549 | 1,171 | N/A |
| 3/31/2021 | 2,394 | 296 | -3,224 | 1,190 | N/A |
| 12/31/2020 | 2,347 | 284 | -3,518 | 1,215 | N/A |
| 9/30/2020 | 2,313 | 350 | -3,210 | 1,206 | N/A |
| 6/30/2020 | 2,154 | 289 | -3,248 | 1,091 | N/A |
| 3/31/2020 | 1,987 | 284 | -2,687 | 1,044 | N/A |
| 12/31/2019 | 2,102 | 408 | -1,932 | 1,203 | N/A |
| 12/31/2018 | 1,251 | 151 | 86 | 646 | N/A |
| 12/31/2017 | 936 | 253 | N/A | 527 | N/A |
| 12/31/2016 | 1,223 | 438 | N/A | 845 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600032's forecast earnings growth (23.9% per year) is above the savings rate (2.9%).
Earnings vs Market: 600032's earnings (23.9% per year) are forecast to grow slower than the CN market (24.2% per year).
High Growth Earnings: 600032's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600032's revenue (10.1% per year) is forecast to grow slower than the CN market (14.7% per year).
High Growth Revenue: 600032's revenue (10.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600032's Return on Equity is forecast to be low in 3 years time (9.5%).