Analysts Are Updating Their Tingyi (Cayman Islands) Holding Corp. (HKG:322) Estimates After Its Interim Results

Last week saw the newest interim earnings release from Tingyi (Cayman Islands) Holding Corp. (HKG:322), an important milestone in the company's journey to build a stronger business. Results were roughly in line with estimates, with revenues of CN¥40b and statutory earnings per share of CN¥0.66. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, Tingyi (Cayman Islands) Holding's 23 analysts currently expect revenues in 2025 to be CN¥79.9b, approximately in line with the last 12 months. Per-share earnings are expected to increase 3.3% to CN¥0.76. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥81.3b and earnings per share (EPS) of CN¥0.74 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for Tingyi (Cayman Islands) Holding

It will come as no surprise then, to learn that the consensus price target is largely unchanged at HK$13.51. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Tingyi (Cayman Islands) Holding analyst has a price target of HK$17.71 per share, while the most pessimistic values it at HK$10.12. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Tingyi (Cayman Islands) Holding's past performance and to peers in the same industry. It's pretty clear that there is an expectation that Tingyi (Cayman Islands) Holding's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 0.8% growth on an annualised basis. This is compared to a historical growth rate of 4.3% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 4.9% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Tingyi (Cayman Islands) Holding.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Tingyi (Cayman Islands) Holding's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Tingyi (Cayman Islands) Holding going out to 2027, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Tingyi (Cayman Islands) Holding .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.