Hup Seng Industries Berhad Future Growth

Future criteria checks 2/6

Hup Seng Industries Berhad is forecast to grow earnings and revenue by 5.9% and 5% per annum respectively. EPS is expected to grow by 6% per annum. Return on equity is forecast to be 23.4% in 3 years.

Key information

5.9%

Earnings growth rate

6.0%

EPS growth rate

Food earnings growth	8.1%
Revenue growth rate	5.0%
Future return on equity	23.4%
Analyst coverage	Low
Last updated	12 Feb 2025

Recent future growth updates

Hup Seng Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 14

Earnings Beat: Hup Seng Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 16

Recent updates

Hup Seng Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 14

Hup Seng Industries Berhad's (KLSE:HUPSENG) Earnings Are Weaker Than They Seem

Nov 13

Hup Seng Industries Berhad (KLSE:HUPSENG) Will Pay A Dividend Of MYR0.02

Sep 02

Here's What To Make Of Hup Seng Industries Berhad's (KLSE:HUPSENG) Decelerating Rates Of Return

Jul 04

Hup Seng Industries Berhad (KLSE:HUPSENG) Stock Rockets 45% As Investors Are Less Pessimistic Than Expected

Jun 11

Hup Seng Industries Berhad's (KLSE:HUPSENG) Dividend Will Be Increased To MYR0.02

Mar 07

Hup Seng Industries Berhad's (KLSE:HUPSENG) Dividend Will Be MYR0.01

Aug 31

Hup Seng Industries Berhad's (KLSE:HUPSENG) Dividend Will Be MYR0.01

Mar 02

Earnings Beat: Hup Seng Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 16

Hup Seng Industries Berhad's (KLSE:HUPSENG) Dividend Will Be Reduced To MYR0.01

Sep 01

Hup Seng Industries Berhad (KLSE:HUPSENG) Is Reducing Its Dividend To RM0.01

Mar 02

Earnings and Revenue Growth Forecasts

KLSE:HUPSENG - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	469	71	N/A	62	1
12/31/2026	429	63	N/A	63	2
12/31/2025	425	64	N/A	78	1
12/31/2024	395	58	46	66	N/A
9/30/2024	373	54	38	58	N/A
6/30/2024	363	50	39	59	N/A
3/31/2024	364	49	40	53	N/A
12/31/2023	357	45	50	53	N/A
9/30/2023	357	44	50	55	N/A
6/30/2023	333	35	39	44	N/A
3/31/2023	325	29	28	33	N/A
12/31/2022	318	26	19	25	N/A
9/30/2022	305	23	13	18	N/A
6/30/2022	300	24	18	22	N/A
3/31/2022	292	24	24	28	N/A
12/31/2021	296	27	27	30	N/A
9/30/2021	302	27	29	31	N/A
6/30/2021	324	35	32	35	N/A
3/31/2021	329	41	42	46	N/A
12/31/2020	327	40	43	47	N/A
9/30/2020	327	40	44	48	N/A
6/30/2020	317	38	45	57	N/A
3/31/2020	315	39	34	51	N/A
12/31/2019	310	39	35	51	N/A
9/30/2019	308	42	41	58	N/A
6/30/2019	306	42	34	43	N/A
3/31/2019	306	42	40	45	N/A
12/31/2018	307	43	42	46	N/A
9/30/2018	308	45	N/A	41	N/A
6/30/2018	303	44	N/A	40	N/A
3/31/2018	303	44	N/A	37	N/A
12/31/2017	300	44	N/A	42	N/A
9/30/2017	296	45	N/A	44	N/A
6/30/2017	290	46	N/A	63	N/A
3/31/2017	287	47	N/A	54	N/A
12/31/2016	286	49	N/A	49	N/A
9/30/2016	283	49	N/A	50	N/A
6/30/2016	283	51	N/A	35	N/A
3/31/2016	288	55	N/A	55	N/A
12/31/2015	287	55	N/A	58	N/A
9/30/2015	280	52	N/A	55	N/A
6/30/2015	272	47	N/A	55	N/A
3/31/2015	269	42	N/A	50	N/A
12/31/2014	262	38	N/A	47	N/A
9/30/2014	255	35	N/A	43	N/A
6/30/2014	258	36	N/A	41	N/A
3/31/2014	256	37	N/A	38	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUPSENG's forecast earnings growth (5.9% per year) is above the savings rate (3.6%).

Earnings vs Market: HUPSENG's earnings (5.9% per year) are forecast to grow slower than the MY market (9.7% per year).

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

Revenue vs Market: HUPSENG's revenue (5% per year) is forecast to grow slower than the MY market (6.2% per year).

High Growth Revenue: HUPSENG's revenue (5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HUPSENG's Return on Equity is forecast to be high in 3 years time (23.4%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/21 13:50
End of Day Share Price	2025/02/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hup Seng Industries Berhad is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	BIMB Securities Sdn. Bhd
Qing Rong Ng	MIDF Research

Hup Seng Industries Berhad Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Hup Seng Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Consensus EPS estimates increase by 12%

Price target increased by 15% to RM1.01

Earnings Beat: Hup Seng Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Price target decreased to RM0.73

Price target decreased to RM0.88

Recent updates

Hup Seng Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Full year 2024 earnings released: EPS: RM0.072 (vs RM0.056 in FY 2023)

Now 21% undervalued after recent price drop

New minor risk - Share price stability

Upcoming dividend of RM0.03 per share

Hup Seng Industries Berhad Declares Special Interim Dividend in Respect of the Year Ended 31 December 2024, Payable on December 20, 2024

Hup Seng Industries Berhad's (KLSE:HUPSENG) Earnings Are Weaker Than They Seem

Consensus EPS estimates increase by 12%

Now 23% undervalued

Third quarter 2024 earnings released: EPS: RM0.022 (vs RM0.016 in 3Q 2023)

Investor sentiment improves as stock rises 20%

Upcoming dividend of RM0.02 per share

Hup Seng Industries Berhad (KLSE:HUPSENG) Will Pay A Dividend Of MYR0.02

First half dividend of RM0.02 announced

Hup Seng Industries Berhad Announces Retirement of Quek Ah Kow as Chief Financial Officer

Second quarter 2024 earnings released: EPS: RM0.011 (vs RM0.011 in 2Q 2023)

New minor risk - Share price stability

Here's What To Make Of Hup Seng Industries Berhad's (KLSE:HUPSENG) Decelerating Rates Of Return

Hup Seng Industries Berhad (KLSE:HUPSENG) Stock Rockets 45% As Investors Are Less Pessimistic Than Expected

Investor sentiment improves as stock rises 29%

First quarter 2024 earnings released: EPS: RM0.018 (vs RM0.012 in 1Q 2023)

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Hup Seng Industries Berhad, Annual General Meeting, May 16, 2024

Hup Seng Industries Berhad Announces Resignation of Encik Raja Khairul Anuar Bin Raja Mokhtar as Independent and Non Executive Director

Upcoming dividend of RM0.02 per share

Hup Seng Industries Berhad's (KLSE:HUPSENG) Dividend Will Be Increased To MYR0.02

Dividend of RM0.02 announced

Hup Seng Industries Berhad Declares Special Dividend in Respect of the Year Ended 31 December 2023, Payable on 09 April 2024

Hup Seng Industries Berhad Announces Appointment of Mr. Lee Ting Kiat as Independent and Non Executive Member of Remuneration Committee

Hup Seng Industries Berhad's Recommends Third Interim Single-Tier Dividend for the Quarter Ended December 31, 2023

Hup Seng Industries Berhad Reports Write Offs for the Quarter Ended December 31, 2023

Full year 2023 earnings released: EPS: RM0.056 (vs RM0.033 in FY 2022)

Hup Seng Industries Berhad Announces Appointment of Mr. Lee Ting Kiat as Independent and Non Executive Director

Price target increased by 15% to RM1.01

Upcoming dividend of RM0.01 per share at 5.7% yield

Hup Seng Industries Berhad's (KLSE:HUPSENG) Dividend Will Be MYR0.01

Hup Seng Industries Berhad Announces the Resignation of Miss Ho Wei Lih as Independent and Non Executive Member of Audit Committee, Effective 31 August 2023

Second quarter 2023 earnings released: EPS: RM0.011 (vs RM0.004 in 2Q 2022)

Upcoming dividend of RM0.01 per share at 4.5% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of RM0.01 per share at 4.1% yield

Hup Seng Industries Berhad's (KLSE:HUPSENG) Dividend Will Be MYR0.01

Earnings Beat: Hup Seng Industries Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Full year 2022 earnings released: EPS: RM0.033 (vs RM0.034 in FY 2021)

Hup Seng Industries Berhad Announces Resignation of Dato Keh (Kerk) Chu Koh as Chairman, with Effect from December 30, 2022

Upcoming dividend of RM0.01 per share

Hup Seng Industries Berhad Announces Second Interim Dividend in Respect of the Year Ending 31 December 2022, Payable on December 29, 2022

Price target decreased to RM0.73

Third quarter 2022 earnings released: EPS: RM0.005 (vs RM0.005 in 3Q 2021)

Hup Seng Industries Berhad Announces Resignation of Nip Chee Sien as Company Secretary

Upcoming dividend of RM0.01 per share

Hup Seng Industries Berhad's (KLSE:HUPSENG) Dividend Will Be Reduced To MYR0.01

Hup Seng Industries Berhad Announces First Interim Dividend for the Year Ending 31 December 2022, Payable on 07 October 2022

Second quarter 2022 earnings released: EPS: RM0.004 (vs RM0.004 in 2Q 2021)

Hup Seng Industries Appoints Kuo Liong Yok as Non Independent and Non Executive Member of Risk Committee

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to RM0.88

Hup Seng Industries Berhad, Annual General Meeting, May 18, 2022

Hup Seng Industries Berhad Announces Resignation of Puan Norita Binti Ja'afar as Independent and Non Executive Member of Risk Committee

Hup Seng Industries Berhad Announces Appointment of Nip Chee Sien as Company Secretary

Upcoming dividend of RM0.01 per share

Hup Seng Industries Berhad (KLSE:HUPSENG) Is Reducing Its Dividend To RM0.01

Full year 2021 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Price target increased to RM0.98

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity