China Lesso Group Holdings Future Growth

Future criteria checks 1/6

China Lesso Group Holdings is forecast to grow earnings and revenue by 10.7% and 4.1% per annum respectively. EPS is expected to grow by 10.8% per annum. Return on equity is forecast to be 8.6% in 3 years.

Key information

10.7%

Earnings growth rate

10.8%

EPS growth rate

Building earnings growth	20.1%
Revenue growth rate	4.1%
Future return on equity	8.6%
Analyst coverage	Good
Last updated	20 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SHSC:2128 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	32,046	2,528	455	6,486	6
12/31/2025	29,351	2,152	14	4,894	7
12/31/2024	28,329	2,024	-1,292	5,256	7
6/30/2024	29,135	1,918	3,007	5,993	N/A
3/31/2024	30,002	2,143	2,953	6,347	N/A
12/31/2023	30,868	2,368	2,899	6,701	N/A
9/30/2023	31,021	2,543	1,932	5,663	N/A
6/30/2023	31,175	2,718	965	4,625	N/A
3/31/2023	30,971	2,620	1,108	4,599	N/A
12/31/2022	30,767	2,521	1,251	4,573	N/A
9/30/2022	31,496	2,524	2,312	5,422	N/A
6/30/2022	32,224	2,527	3,374	6,271	N/A
3/31/2022	32,141	2,785	2,634	5,722	N/A
12/31/2021	32,058	3,044	1,893	5,173	N/A
9/30/2021	31,681	3,611	467	3,779	N/A
6/30/2021	31,304	4,177	-959	2,385	N/A
3/31/2021	29,689	3,964	-117	2,611	N/A
12/31/2020	28,073	3,751	725	2,837	N/A
9/30/2020	27,386	3,450	2,152	3,940	N/A
6/30/2020	26,699	3,149	3,578	5,042	N/A
3/31/2020	26,522	3,087	3,549	5,177	N/A
12/31/2019	26,345	3,025	3,520	5,312	N/A
9/30/2019	25,383	2,869	3,055	4,495	N/A
6/30/2019	24,422	2,714	2,590	3,678	N/A
3/31/2019	24,078	2,603	2,842	4,044	N/A
12/31/2018	23,734	2,492	3,094	4,410	N/A
9/30/2018	22,782	2,427	1,524	3,068	N/A
6/30/2018	21,831	2,363	-46	1,726	N/A
3/31/2018	21,096	2,328	N/A	1,327	N/A
12/31/2017	20,360	2,293	N/A	927	N/A
9/30/2017	19,616	2,137	N/A	1,484	N/A
6/30/2017	18,873	1,981	N/A	2,042	N/A
3/31/2017	18,047	1,951	N/A	2,503	N/A
12/31/2016	17,221	1,922	N/A	2,964	N/A
9/30/2016	16,384	1,825	N/A	3,552	N/A
6/30/2016	15,546	1,728	N/A	4,141	N/A
3/31/2016	15,405	1,674	N/A	3,509	N/A
12/31/2015	15,264	1,621	N/A	2,877	N/A
9/30/2015	15,275	1,677	N/A	2,784	N/A
6/30/2015	15,285	1,732	N/A	2,692	N/A
3/31/2015	15,054	1,643	N/A	2,664	N/A
12/31/2014	14,823	1,554	N/A	2,636	N/A
9/30/2014	14,391	1,474	N/A	2,006	N/A
6/30/2014	13,959	1,394	N/A	1,375	N/A
3/31/2014	13,515	1,422	N/A	1,439	N/A
12/31/2013	13,071	1,449	N/A	1,503	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2128's forecast earnings growth (10.7% per year) is above the savings rate (2.3%).

Earnings vs Market: 2128's earnings (10.7% per year) are forecast to grow slower than the Hong Kong market (11.4% per year).

High Growth Earnings: 2128's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2128's revenue (4.1% per year) is forecast to grow slower than the Hong Kong market (7.8% per year).

High Growth Revenue: 2128's revenue (4.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2128's Return on Equity is forecast to be low in 3 years time (8.6%).

China Lesso Group Holdings Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Investor sentiment improves as stock rises 35%

Founder & Executive Chairman recently bought HK$10m worth of stock

First half 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.48 in 1H 2023)

China Lesso Group Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024

Upcoming dividend of HK$0.20 per share

China Lesso Group Holdings Limited Approves the Final Dividend for the Year Ended 31 December 2023

Investor sentiment improves as stock rises 16%

Now 24% overvalued after recent price rise

Full year 2023 earnings released: EPS: CN¥0.77 (vs CN¥0.82 in FY 2022)

Investor sentiment improves as stock rises 16%

CEO & Executive Director recently bought HK$1.7m worth of stock

China Lesso Group Holdings Limited, Annual General Meeting, May 24, 2024

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: CN¥0.77 (vs CN¥0.82 in FY 2022)

China Lesso Group Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 18 July 2024

Now 22% undervalued

China Lesso Group Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Now 20% undervalued after recent price drop

Investor sentiment improves as stock rises 15%

Now 22% undervalued after recent price drop

Investor sentiment improves as stock rises 16%

Founder & Executive Chairman recently bought HK$10.0m worth of stock

First half 2023 earnings released: EPS: CN¥0.48 (vs CN¥0.42 in 1H 2022)

Founder & Executive Chairman recently bought HK$10m worth of stock

Founder & Executive Chairman recently bought HK$11m worth of stock

First half 2023 earnings released: EPS: CN¥0.48 (vs CN¥0.42 in 1H 2022)

China Lesso Group Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023

Founder & Executive Chairman recently bought HK$20m worth of stock

China Lesso Group Holdings Limited Announces Executive Changes

Upcoming dividend of HK$0.30 per share at 4.5% yield

Full year 2022 earnings released: EPS: CN¥0.82 (vs CN¥0.99 in FY 2021)

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improved over the past week

Now 25% undervalued after recent price drop

China Lesso Group Holdings Limited (SEHK:2128), Tan Wenhua and Tan Xin entered into the Equity Transfer Agreement to acquire 45% stake in Qujing Yangguang New Energy Co., Ltd from Jinzhou Yangguang Energy Co., Ltd. for CNY 1.35 billion.

First half 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.59 in 1H 2021)

China Lesso Group Holdings Limited Announces Board Changes

China Lesso Group Holdings Limited to Report First Half, 2022 Results on Aug 29, 2022

Investor sentiment improved over the past week

Upcoming dividend of HK$0.26 per share

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: CN¥0.99 (vs CN¥1.22 in FY 2020)

China Lesso Group Holdings Limited, Annual General Meeting, Jun 17, 2022

China Lesso Group Holdings Limited Announces Final Dividend for the Year Ended 31 December 2021, Payment Date Is 22 July 2022

Full year 2021 earnings released: EPS: CN¥0.99 (vs CN¥1.22 in FY 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Upcoming dividend of HK$0.12 per share

Investor sentiment deteriorated over the past week

First half 2021 earnings released: EPS CN¥0.59 (vs CN¥0.45 in 1H 2020)

Investor sentiment improved over the past week

Upcoming dividend of HK$0.38 per share

Full year 2020 earnings released: EPS CN¥1.22 (vs CN¥0.98 in FY 2019)

Full year 2020 earnings released: EPS CN¥1.22 (vs CN¥0.98 in FY 2019)

China Lesso Group Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

New 90-day high: HK$17.00

Investor sentiment improved over the past week

New 90-day high: HK$15.36

Independent Non-Executive Director recently bought HK$369k worth of stock

New 90-day low: HK$12.32

New 90-day low: HK$13.22

First half earnings released

First half earnings released

China Lesso Group Holdings Limited to Report First Half, 2020 Results on Aug 25, 2020

China Lesso Group Holdings Limited (SEHK:2128) completed the acquisition of 51% stake in Guangdong Qicheng Information Technology Co., Ltd. for CNY 39.2 million.

New 90-day high - HK$15.00

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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