FriendTimes Future Growth

Future criteria checks 5/6

FriendTimes is forecast to grow earnings and revenue by 72% and 21% per annum respectively. EPS is expected to grow by 72.4% per annum. Return on equity is forecast to be 14.1% in 3 years.

Key information

72.0%

Earnings growth rate

72.4%

EPS growth rate

Entertainment earnings growth	35.5%
Revenue growth rate	21.0%
Future return on equity	14.1%
Analyst coverage	Low
Last updated	22 Mar 2024

Recent future growth updates

Recent updates

FriendTimes Inc. (HKG:6820) Shares Could Be 31% Above Their Intrinsic Value Estimate

Aug 07

Calculating The Intrinsic Value Of FriendTimes Inc. (HKG:6820)

Apr 16

FriendTimes Inc. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Mar 24

Here's Why We Think FriendTimes (HKG:6820) Is Well Worth Watching

Mar 23

FriendTimes Inc.'s (HKG:6820) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Mar 10

What Type Of Shareholders Make Up FriendTimes Inc.'s (HKG:6820) Share Registry?

Feb 19

Trends At FriendTimes (HKG:6820) Point To A Promising Future

Feb 04

VP & Executive Director Lin Xu Just Bought A Handful Of Shares In FriendTimes Inc. (HKG:6820)

Jan 20

Does FriendTimes Inc. (HKG:6820) Have A Place In Your Dividend Portfolio?

Jan 12

The FriendTimes (HKG:6820) Share Price Has Gained 102%, So Why Not Pay It Some Attention?

Dec 28

Are Insiders Buying FriendTimes Inc. (HKG:6820) Stock?

Dec 10

Will Weakness in FriendTimes Inc.'s (HKG:6820) Stock Prove Temporary Given Strong Fundamentals?

Nov 25

Did FriendTimes Inc. (HKG:6820) Insiders Buy Up More Shares?

Jul 14

Earnings and Revenue Growth Forecasts

SEHK:6820 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,048	299	306	321	1
12/31/2025	1,718	218	265	244	2
12/31/2024	1,422	159	166	168	2
12/31/2023	1,056	-138	-50	-46	N/A
9/30/2023	1,187	-60	38	48	N/A
6/30/2023	1,319	17	126	143	N/A
3/31/2023	1,422	21	122	149	N/A
12/31/2022	1,524	25	117	155	N/A
9/30/2022	1,567	49	132	171	N/A
6/30/2022	1,609	72	147	186	N/A
3/31/2022	1,613	174	173	224	N/A
12/31/2021	1,616	275	199	263	N/A
9/30/2021	1,791	373	320	400	N/A
6/30/2021	1,965	471	441	538	N/A
3/31/2021	2,074	487	462	557	N/A
12/31/2020	2,182	504	484	575	N/A
9/30/2020	2,070	466	358	453	N/A
6/30/2020	1,959	429	232	332	N/A
3/31/2020	1,821	410	268	363	N/A
12/31/2019	1,689	416	246	342	N/A
3/31/2019	1,583	399	293	366	N/A
12/31/2018	1,464	337	283	344	N/A
12/31/2017	700	118	105	120	N/A
12/31/2016	569	81	N/A	103	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6820 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: 6820 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 6820 is expected to become profitable in the next 3 years.

Revenue vs Market: 6820's revenue (21% per year) is forecast to grow faster than the Hong Kong market (8.1% per year).

High Growth Revenue: 6820's revenue (21% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6820's Return on Equity is forecast to be low in 3 years time (14.1%).

FriendTimes Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 32%

Price target decreased by 7.4% to HK$1.37

FriendTimes Inc. Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2023

Price target decreased by 7.3% to HK$1.48

Consensus EPS estimates fall by 33%

Price target decreased by 31% to HK$1.60

Recent updates

Full year 2023 earnings: EPS and revenues miss analyst expectations

FriendTimes (HKG:6820) Will Be Hoping To Turn Its Returns On Capital Around

New minor risk - Financial data availability

FriendTimes Inc., Annual General Meeting, May 16, 2024

FriendTimes Inc. to Report Fiscal Year 2023 Results on Mar 20, 2024

Founder recently bought HK$918k worth of stock

FriendTimes Inc.'s (HKG:6820) Shares May Have Run Too Fast Too Soon

New major risk - Revenue and earnings growth

New minor risk - Share price stability

FriendTimes (HKG:6820) Is Reinvesting At Lower Rates Of Return

Founder recently bought HK$7.5m worth of stock

Consensus revenue estimates fall by 32%

Price target decreased by 7.4% to HK$1.37

Analysts Just Slashed Their FriendTimes Inc. (HKG:6820) EPS Numbers

First half 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.033 loss in 1H 2022)

FriendTimes Inc. to Report First Half, 2023 Results on Aug 17, 2023

FriendTimes Inc. Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2023

FriendTimes Inc Announces Resignation of Wu Jie as Executive Director

Friendtimes Inc. Declares Special Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.06 per share at 11% yield

Price target decreased by 7.3% to HK$1.48

Consensus EPS estimates fall by 33%

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 31% to HK$1.60

FriendTimes Inc. Provides Earnings Guidance for the Year Ended 31 December 2022

The Returns On Capital At FriendTimes (HKG:6820) Don't Inspire Confidence

Investor sentiment improves as stock rises 16%

Less than half of directors are independent

First half 2022 earnings released: CN¥0.033 loss per share (vs CN¥0.06 profit in 1H 2021)

FriendTimes Inc. to Report First Half, 2022 Results on Aug 22, 2022

Consensus EPS estimates fall by 22%

FriendTimes Inc. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

FriendTimes Inc. Announces Resignation of Liu Gongyou as Joint Company Secretary

FriendTimes Inc. (HKG:6820) Analysts Are More Bearish Than They Used To Be

Price target decreased to HK$2.43

FriendTimes (HKG:6820) Has Announced A Dividend Of HK$0.12

FriendTimes Inc. Approves Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$0.12 per share

Price target increased to HK$2.67

Less than half of directors are independent

Price target increased to HK$2.67

Investor sentiment deteriorated over the past week

Capital Investments At FriendTimes (HKG:6820) Point To A Promising Future

VP & Executive Director recently bought HK$1.2m worth of stock

VP & Executive Director recently bought HK$742k worth of stock

Founder recently bought HK$640k worth of stock

First half 2021 earnings released: EPS CN¥0.06 (vs CN¥0.075 in 1H 2020)

Price target decreased to HK$3.28

Investor sentiment deteriorated over the past week

FriendTimes Inc. (HKG:6820) Shares Could Be 31% Above Their Intrinsic Value Estimate

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

FriendTimes Inc. Approves Final Dividend for the Year Ended 31 December 2020

Upcoming dividend of HK$0.12 per share

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.21 in FY 2019)

Calculating The Intrinsic Value Of FriendTimes Inc. (HKG:6820)

VP & Executive Director recently bought HK$1.0m worth of stock

FriendTimes Inc. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Here's Why We Think FriendTimes (HKG:6820) Is Well Worth Watching

Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.21 in FY 2019)

Investor sentiment improved over the past week

FriendTimes Inc.'s (HKG:6820) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

FriendTimes Inc. to Report Fiscal Year 2020 Results on Mar 22, 2021

What Type Of Shareholders Make Up FriendTimes Inc.'s (HKG:6820) Share Registry?

Price target lowered to HK$3.62

New 90-day high: HK$2.85

Trends At FriendTimes (HKG:6820) Point To A Promising Future

VP & Executive Director Lin Xu Just Bought A Handful Of Shares In FriendTimes Inc. (HKG:6820)