Fosun International Future Growth

Future criteria checks 3/6

Fosun International is forecast to grow earnings and revenue by 53.5% and 5.7% per annum respectively. EPS is expected to grow by 53.6% per annum. Return on equity is forecast to be 2.4% in 3 years.

Key information

53.5%

Earnings growth rate

53.6%

EPS growth rate

Industrials earnings growth	7.9%
Revenue growth rate	5.7%
Future return on equity	2.4%
Analyst coverage	Low
Last updated	25 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

SZSC:656 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	227,440	4,279	N/A	9,531	4
12/31/2025	215,931	3,453	N/A	7,166	4
12/31/2024	199,895	1,943	N/A	-17,053	3
6/30/2024	198,974	738	-6,488	5,311	N/A
3/31/2024	198,587	1,059	-4,323	7,568	N/A
12/31/2023	198,200	1,379	-2,158	9,824	N/A
9/30/2023	195,071	-188	-2,317	9,386	N/A
6/30/2023	191,941	-1,755	-2,475	8,947	N/A
3/31/2023	187,183	-1,299	-5,879	5,355	N/A
12/31/2022	182,426	-843	-9,282	1,764	N/A
9/30/2022	180,412	3,754	-6,151	3,732	N/A
6/30/2022	178,398	8,351	-3,020	5,699	N/A
3/31/2022	169,845	9,216	-7,340	1,189	N/A
12/31/2021	161,291	10,081	-11,659	-3,321	N/A
9/30/2021	152,603	10,034	-10,691	-2,313	N/A
6/30/2021	143,915	9,988	-9,724	-1,304	N/A
3/31/2021	140,328	8,993	-4,624	3,791	N/A
12/31/2020	136,742	7,998	475	8,887	N/A
9/30/2020	137,259	8,600	3,700	11,831	N/A
6/30/2020	137,776	9,203	6,925	14,774	N/A
3/31/2020	140,379	12,000	3,574	11,304	N/A
12/31/2019	142,982	14,797	223	7,834	N/A
9/30/2019	138,649	14,474	792	9,291	N/A
6/30/2019	134,315	14,151	1,362	10,748	N/A
3/31/2019	121,833	13,777	2,652	12,025	N/A
12/31/2018	109,352	13,403	3,942	13,302	N/A
9/30/2018	102,308	13,778	10,693	19,505	N/A
6/30/2018	95,264	14,153	17,444	25,708	N/A
3/31/2018	91,645	13,656	N/A	28,081	N/A
12/31/2017	88,025	13,159	N/A	30,453	N/A
9/30/2017	82,880	12,450	N/A	23,812	N/A
6/30/2017	77,734	11,740	N/A	17,172	N/A
3/31/2017	75,850	11,003	N/A	14,587	N/A
12/31/2016	73,967	10,267	N/A	12,003	N/A
9/30/2016	77,765	9,538	N/A	5,118	N/A
6/30/2016	81,563	8,810	N/A	-1,767	N/A
3/31/2016	80,180	8,424	N/A	-2,593	N/A
12/31/2015	78,797	8,038	N/A	-3,420	N/A
9/30/2015	72,739	8,337	N/A	2,453	N/A
6/30/2015	66,682	8,637	N/A	8,325	N/A
3/31/2015	64,210	7,746	N/A	6,201	N/A
12/31/2014	61,738	6,854	N/A	4,076	N/A
9/30/2014	56,790	6,258	N/A	1,315	N/A
6/30/2014	51,842	5,661	N/A	-1,447	N/A
3/31/2014	51,430	5,590	N/A	-645	N/A
12/31/2013	51,017	5,519	N/A	156	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 656's forecast earnings growth (53.5% per year) is above the savings rate (2.3%).

Earnings vs Market: 656's earnings (53.5% per year) are forecast to grow faster than the Hong Kong market (11.6% per year).

High Growth Earnings: 656's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 656's revenue (5.7% per year) is forecast to grow slower than the Hong Kong market (7.8% per year).

High Growth Revenue: 656's revenue (5.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 656's Return on Equity is forecast to be low in 3 years time (2.4%).

Fosun International Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Fosun International Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Year Ended 31 December 2022

Recent updates

Investor sentiment deteriorates as stock falls 16%

Independent Non-Executive Director recently sold HK$1.1m worth of stock

First half 2024 earnings released: EPS: CN¥0.088 (vs CN¥0.17 in 1H 2023)

Investor sentiment improves as stock rises 19%

First half 2024 earnings released: EPS: CN¥0.088 (vs CN¥0.17 in 1H 2023)

Fosun International Limited to Report First Half, 2024 Results on Aug 28, 2024

Now 23% overvalued

Upcoming dividend of HK$0.038 per share

Bethmann Bank AG reached an agreement to acquire Hauck Aufhäuser Lampe Privatbank AG from Fosun International Limited (SEHK:656) for €670 million.

Bethmann Bank AG reached an agreement to acquire Hauck Aufhäuser Lampe Privatbank AG from Fosun International Limited (SEHK:656) for €670 million.

Full year 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.10 loss in FY 2022)

BNP Paribas Cardif S.A. signed an agreement to acquire 9% stake in ageas SA/NV (ENXTBR:AGS) from Fosun International Limited (SEHK:656) for €730 million.

Dividend increased to HK$0.038

Fosun International Limited, Annual General Meeting, Jun 06, 2024

Full year 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.064 in FY 2022)

Fosun International Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 19 July 2024

Fosun International Reportedly Open to Sale of Stake in Millennium

BNP Paribas Reportedly Considers Buying Fosun's Ageas Stake

Fosun International Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

Fosun Reportedly Explores Sale of Atlantis Sanya Luxury Resort

Fosun International Reportedly Explores Sale of Minority Stake in $800 Million Club Med

New major risk - Revenue and earnings growth

First half 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.32 in 1H 2022)

Fosun International Limited to Report First Half, 2023 Results on Aug 30, 2023

Upcoming dividend of HK$0.014 per share at 0.3% yield

Blackstone Reportedly Set to Buy IGI for Up to $550 Million

Full year 2022 earnings released: EPS: CN¥0.06 (vs CN¥1.21 in FY 2021)

Fosun International Limited Announces Board and Executive Changes

Fosun International Limited Announces Board Changes

Fosun International Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Year Ended 31 December 2022

Accident Fund Insurance Company of America completed the acquisition of AmeriTrust Group, Inc. from Fosun International Limited (SEHK:656).

Fosun Reportedly Seeks to Sell Stake in Alibaba's Logistics Arm Cainiao

Fosun Reportedly Appoints Deutsche Bank to Sell Peak Re

Fosun International Limited Announces Changes to Its Board

Now 23% undervalued after recent price drop

First half 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.48 in 1H 2021)

Fosun International Limited to Report First Half, 2022 Results on Aug 30, 2022

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Upcoming dividend of HK$0.30 per share

Full year 2021 earnings released: EPS: CN¥1.21 (vs CN¥0.94 in FY 2020)

Accident Fund Insurance Company of America entered into a definitive agreement to acquire AmeriTrust Group, Inc. from Fosun International Limited (SEHK:656).

Accident Fund Insurance Company of America entered into a definitive agreement to acquire AmeriTrust Group, Inc. from Fosun International Limited (SEHK:656).

Investor sentiment improved over the past week

First half 2021 earnings released: EPS CN¥0.48 (vs CN¥0.24 in 1H 2020)

Fosun International Limited (SEHK:656) entered into asset and equity transfer agreement to acquire Five Subsidiaries of Shanghai Foyo Culture and Entertainment Co., Ltd. for CNY 80 million.

First half 2021 earnings released: EPS CN¥0.48 (vs CN¥0.24 in 1H 2020)

Director Xiaoliang Xu has joined 4th company board

Director Xiaoliang Xu has joined 4th company board

Director Xiaoliang Xu has joined 4th company board

Director Xiaoliang Xu has joined 4th company board

Director Xiaoliang Xu has joined 4th company board

Director Xiaoliang Xu has joined 4th company board

Director Xiaoliang Xu has joined 4th company board

Director Xiaoliang Xu has joined 4th company board

Upcoming dividend of HK$0.22 per share

Investor sentiment improved over the past week

Fosun International Limited Proposes Final Dividend for the Year Ended 31 December 2020, Payable on or Around 16 July 2021

Full year 2020 earnings released: EPS CN¥0.94 (vs CN¥1.73 in FY 2019)

Full year 2020 earnings released: EPS CN¥0.94 (vs CN¥1.73 in FY 2019)

Fosun International Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day low: HK$10.94

New 90-day high: HK$12.50

New 90-day high: HK$11.86

New 90-day high: HK$11.42

Fosun International Limited Announces Management Appointments, Effective December 10, 2020

Independent Non-Executive Director recently sold HK$5.3m worth of stock

New 90-day high: HK$10.08

Fosun International Limited (SEHK:656) acquired Tom Tailor GmbH from Tom Tailor Holding SE (XTRA:TTI).

First half earnings released

New 90-day low - HK$8.36

First half earnings released

Fosun International Limited Announces Its Directors Did Not Recommend the Payment of an Interim Dividend in Respect of the Six Months Ended June 30, 2020

New 90-day low - HK$8.71