Jiangxi Hongcheng EnvironmentLtd Future Growth

Future criteria checks 1/6

Jiangxi Hongcheng EnvironmentLtd is forecast to grow earnings and revenue by 9% and 6% per annum respectively. EPS is expected to grow by 6.1% per annum. Return on equity is forecast to be 14.6% in 3 years.

Key information

9.0%

Earnings growth rate

6.1%

EPS growth rate

Water Utilities earnings growth	11.6%
Revenue growth rate	6.0%
Future return on equity	14.6%
Analyst coverage	Low
Last updated	29 Jul 2024

Recent future growth updates

Recent updates

Jiangxi Hongcheng EnvironmentLtd's (SHSE:600461) Dividend Will Be Increased To CN¥0.4407

Jul 01

Jiangxi Hongcheng EnvironmentLtd (SHSE:600461) Hasn't Managed To Accelerate Its Returns

Jun 25

Here's Why Jiangxi Hongcheng EnvironmentLtd (SHSE:600461) Has A Meaningful Debt Burden

Jun 05

Jiangxi Hongcheng EnvironmentLtd's (SHSE:600461) Earnings Are Weaker Than They Seem

Apr 17

Jiangxi Hongcheng Environment Co.,Ltd.'s (SHSE:600461) Low P/E No Reason For Excitement

Apr 12

Investors Met With Slowing Returns on Capital At Jiangxi Hongcheng EnvironmentLtd (SHSE:600461)

Feb 28

Earnings and Revenue Growth Forecasts

SHSE:600461 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	9,591	1,416	N/A	2,990	1
12/31/2025	9,053	1,296	N/A	2,722	1
12/31/2024	8,539	1,184	N/A	2,469	1
3/31/2024	8,129	1,109	10	1,631	N/A
12/31/2023	8,048	1,083	-143	1,729	N/A
9/30/2023	8,081	1,083	-380	2,375	N/A
6/30/2023	7,811	1,016	-96	2,253	N/A
3/31/2023	7,830	992	41	2,194	N/A
12/31/2022	7,781	962	570	2,194	N/A
9/30/2022	8,286	1,006	769	2,217	N/A
6/30/2022	8,423	1,056	388	2,128	N/A
3/31/2022	9,082	1,072	128	2,076	N/A
12/31/2021	9,134	1,021	-436	1,872	N/A
9/30/2021	8,256	932	-962	1,399	N/A
6/30/2021	8,379	840	-1,064	1,486	N/A
3/31/2021	7,340	722	-1,118	1,533	N/A
12/31/2020	6,601	664	-915	1,372	N/A
9/30/2020	6,315	659	-978	1,179	N/A
6/30/2020	5,562	572	-593	1,196	N/A
3/31/2020	5,382	516	-270	1,147	N/A
12/31/2019	5,381	489	14	1,202	N/A
9/30/2019	4,752	449	-135	1,327	N/A
6/30/2019	4,726	416	-48	1,284	N/A
3/31/2019	4,634	375	-404	1,097	N/A
12/31/2018	4,378	336	-469	1,122	N/A
9/30/2018	4,443	304	-164	1,132	N/A
6/30/2018	4,287	313	-393	830	N/A
3/31/2018	3,892	311	-185	760	N/A
12/31/2017	3,544	274	N/A	775	N/A
9/30/2017	3,308	213	N/A	711	N/A
6/30/2017	3,156	221	N/A	684	N/A
3/31/2017	3,101	229	N/A	719	N/A
12/31/2016	3,091	232	N/A	723	N/A
9/30/2016	3,063	273	N/A	534	N/A
6/30/2016	3,074	259	N/A	637	N/A
3/31/2016	3,426	262	N/A	727	N/A
12/31/2015	3,090	257	N/A	748	N/A
9/30/2015	2,620	246	N/A	727	N/A
6/30/2015	2,239	211	N/A	663	N/A
3/31/2015	1,542	174	N/A	526	N/A
12/31/2014	1,448	148	N/A	542	N/A
9/30/2014	1,415	130	N/A	524	N/A
6/30/2014	1,335	115	N/A	492	N/A
3/31/2014	1,239	106	N/A	505	N/A
12/31/2013	1,188	100	N/A	447	N/A
9/30/2013	1,127	94	N/A	380	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600461's forecast earnings growth (9% per year) is above the savings rate (2.9%).

Earnings vs Market: 600461's earnings (9% per year) are forecast to grow slower than the CN market (22% per year).

High Growth Earnings: 600461's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600461's revenue (6% per year) is forecast to grow slower than the CN market (13.5% per year).

High Growth Revenue: 600461's revenue (6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600461's Return on Equity is forecast to be low in 3 years time (14.6%).

Jiangxi Hongcheng EnvironmentLtd Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased to CN¥9.01

Recent updates

Now 22% overvalued after recent price rise

Now 23% overvalued after recent price rise

Jiangxi Hongcheng EnvironmentLtd's (SHSE:600461) Dividend Will Be Increased To CN¥0.4407

Dividend increased to CN¥0.44

Jiangxi Hongcheng Environment Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024

Jiangxi Hongcheng EnvironmentLtd (SHSE:600461) Hasn't Managed To Accelerate Its Returns

Here's Why Jiangxi Hongcheng EnvironmentLtd (SHSE:600461) Has A Meaningful Debt Burden

First quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.27 in 1Q 2023)

Jiangxi Hongcheng EnvironmentLtd's (SHSE:600461) Earnings Are Weaker Than They Seem

Full year 2023 earnings released: EPS: CN¥0.99 (vs CN¥0.90 in FY 2022)

Jiangxi Hongcheng Environment Co.,Ltd.'s (SHSE:600461) Low P/E No Reason For Excitement

Jiangxi Hongcheng Environment Co.,Ltd., Annual General Meeting, May 07, 2024

Jiangxi Hongcheng Environment Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024

Investors Met With Slowing Returns on Capital At Jiangxi Hongcheng EnvironmentLtd (SHSE:600461)

Jiangxi Hongcheng Environment Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 11, 2024

Third quarter 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.24 in 3Q 2022)

No independent directors

Jiangxi Hongcheng Environment Co.,Ltd. to Report Q3, 2023 Results on Oct 26, 2023

Second quarter 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.24 in 2Q 2022)

Jiangxi Hongcheng Environment Co.,Ltd. to Report First Half, 2023 Results on Aug 17, 2023

Full year 2022 earnings released: EPS: CN¥0.90 (vs CN¥0.87 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.25 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.20 in 2Q 2021)

Price target increased to CN¥9.01

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

Less than half of directors are independent

Third quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.21 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.17 in 2Q 2020)

Jiangxi Hongcheng Environment Co.,Ltd. (SHSE:600461) cancelled the acquisition of Anyi County Water Supply Co., Ltd. and Jiangxi Lantian Blue Water Environmental Protection Engineering Co., Ltd. from Nanchang Water Industry Group Co., Ltd.

Full year 2020 earnings released: EPS CN¥0.70 (vs CN¥0.61 in FY 2019)

New 90-day low: CN¥6.00

New 90-day high: CN¥7.22

Third quarter earnings released

New 90-day low: CN¥6.27

Earnings released

Jiangxi Hongcheng Waterworks Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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