Far East Horizon Future Growth

Future criteria checks 1/6

Far East Horizon is forecast to grow earnings and revenue by 8.5% and 7.3% per annum respectively. EPS is expected to grow by 7.1% per annum. Return on equity is forecast to be 10.6% in 3 years.

Key information

8.5%

Earnings growth rate

7.1%

EPS growth rate

Diversified Financial earnings growth	26.0%
Revenue growth rate	7.3%
Future return on equity	10.6%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SHSC:3360 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	44,082	6,495	N/A	N/A	4
12/31/2025	41,728	5,905	N/A	N/A	5
12/31/2024	39,469	5,544	N/A	N/A	5
6/30/2024	36,322	5,207	6,642	11,363	N/A
3/31/2024	36,448	5,700	3,905	7,545	N/A
12/31/2023	36,573	6,193	1,168	3,727	N/A
9/30/2023	35,852	6,277	1,878	4,357	N/A
6/30/2023	35,131	6,361	2,588	4,988	N/A
3/31/2023	34,604	6,245	-4,528	-1,349	N/A
12/31/2022	34,077	6,129	-11,644	-7,686	N/A
9/30/2022	33,586	5,953	-17,336	-11,366	N/A
6/30/2022	33,094	5,778	-23,028	-15,046	N/A
3/31/2022	32,387	5,645	-24,177	-14,957	N/A
12/31/2021	31,681	5,512	-25,326	-14,868	N/A
9/30/2021	30,334	5,303	-31,484	-21,834	N/A
6/30/2021	28,987	5,093	-37,641	-28,801	N/A
3/31/2021	27,501	4,834	-34,638	-26,631	N/A
12/31/2020	26,015	4,576	-31,635	-24,462	N/A
9/30/2020	24,902	4,368	-24,154	-17,763	N/A
6/30/2020	23,788	4,160	-16,673	-11,064	N/A
3/31/2020	24,123	4,249	-790	3,663	N/A
12/31/2019	24,458	4,338	15,093	18,389	N/A
9/30/2019	24,391	4,244	19,206	22,658	N/A
6/30/2019	24,324	4,151	23,319	26,927	N/A
3/31/2019	23,554	4,039	2,396	6,042	N/A
12/31/2018	22,784	3,927	-18,528	-14,843	N/A
9/30/2018	20,847	3,774	-35,111	-31,778	N/A
6/30/2018	18,910	3,620	-51,694	-48,712	N/A
3/31/2018	17,866	3,424	N/A	-44,749	N/A
12/31/2017	16,823	3,229	N/A	-40,787	N/A
9/30/2017	16,139	3,145	N/A	-36,583	N/A
6/30/2017	15,455	3,062	N/A	-32,380	N/A
3/31/2017	14,613	2,972	N/A	-26,695	N/A
12/31/2016	13,771	2,882	N/A	-21,009	N/A
9/30/2016	13,445	2,764	N/A	-19,806	N/A
6/30/2016	13,119	2,646	N/A	-18,604	N/A
3/31/2016	12,397	2,575	N/A	-14,447	N/A
12/31/2015	11,674	2,503	N/A	-10,290	N/A
9/30/2015	11,205	2,465	N/A	-7,581	N/A
6/30/2015	10,737	2,427	N/A	-4,873	N/A
3/31/2015	10,391	2,362	N/A	-9,110	N/A
12/31/2014	10,046	2,296	N/A	-13,347	N/A
9/30/2014	9,657	2,170	N/A	-15,914	N/A
6/30/2014	9,269	2,044	N/A	-18,482	N/A
3/31/2014	8,568	1,978	N/A	-17,627	N/A
12/31/2013	7,867	1,913	N/A	-16,772	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3360's forecast earnings growth (8.5% per year) is above the savings rate (2.3%).

Earnings vs Market: 3360's earnings (8.5% per year) are forecast to grow slower than the Hong Kong market (11.7% per year).

High Growth Earnings: 3360's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3360's revenue (7.3% per year) is forecast to grow slower than the Hong Kong market (7.8% per year).

High Growth Revenue: 3360's revenue (7.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3360's Return on Equity is forecast to be low in 3 years time (10.6%).

Far East Horizon Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Upcoming dividend of HK$0.25 per share

First half 2024 earnings released: EPS: CN¥0.49 (vs CN¥0.73 in 1H 2023)

Far East Horizon Limited to Report First Half, 2024 Results on Aug 09, 2024

Investor sentiment deteriorates as stock falls 17%

Far East Horizon Limited Approves the Final Dividend for the Year Ended 31 December 2023

Upcoming dividend of HK$0.50 per share

Far East Horizon Limited Proposes Final Dividend for the Year Ended 31 December 2023

Final dividend of HK$0.50 announced

Far East Horizon Limited, Annual General Meeting, Jun 05, 2024

Full year 2023 earnings released: EPS: CN¥1.47 (vs CN¥1.47 in FY 2022)

Far East Horizon Limited completed the Spin-Off of 4.99868% stake in Horizon Construction Development Limited (SEHK:9930).

First half 2023 earnings released: EPS: CN¥0.73 (vs CN¥0.68 in 1H 2022)

Far East Horizon Limited to Report First Half, 2023 Results on Aug 09, 2023

Far East Horizon Limited Appoints Wong Ka Fai Jimmy as Independent Non-Executive Director

Upcoming dividend of JP¥0.49 per share at 7.0% yield

Full year 2022 earnings released: EPS: CN¥1.46 (vs CN¥1.36 in FY 2021)

Far East Horizon Limited to Report Fiscal Year 2022 Results on Mar 15, 2023

Far East Horizon Limited Announces Board Changes

Less than half of directors are independent

First half 2022 earnings released: EPS: CN¥0.68 (vs CN¥0.64 in 1H 2021)

Far East Horizon Limited Announces Management Changes

Far East Horizon Limited to Report First Half, 2022 Results on Aug 29, 2022

Far East Horizon Limited Approves Dividend for the Year Ended December 31, 2021

Upcoming dividend of HK$0.42 per share

Far East Horizon Limited Proposes to Declare Final Dividend for the Year Ended December 31, 2021

Less than half of directors are independent

Executive Vice Chairman & CEO recently bought HK$5.3m worth of stock

Less than half of directors are independent

Executive Director & CFO recently bought HK$1.4m worth of stock

First half 2021 earnings released: EPS CN¥0.64 (vs CN¥0.54 in 1H 2020)

Upcoming dividend of HK$0.36 per share

Far East Horizon Limited Proposes Final Dividend for the Year Ended 31 December 2020

Full year 2020 earnings released: EPS CN¥1.20 (vs CN¥1.14 in FY 2019)

Far East Horizon Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day high: HK$8.90

New 90-day high: HK$8.54

New 90-day high: HK$8.40

New 90-day high: HK$7.89

New 90-day high: HK$7.05

Far East Horizon Limited to Report Q2, 2020 Results on Aug 26, 2020

New 90-day low - HK$6.27

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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