Chung-Hsin Electric and Machinery Manufacturing Future Growth

Future criteria checks 5/6

Chung-Hsin Electric and Machinery Manufacturing is forecast to grow earnings and revenue by 23.9% and 13% per annum respectively. EPS is expected to grow by 23.2% per annum. Return on equity is forecast to be 26.4% in 3 years.

Key information

23.9%

Earnings growth rate

23.2%

EPS growth rate

Electrical earnings growth	31.2%
Revenue growth rate	13.0%
Future return on equity	26.4%
Analyst coverage	Low
Last updated	13 Aug 2024

Recent future growth updates

Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 17

Recent updates

An Intrinsic Calculation For Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Suggests It's 26% Undervalued

Jul 29

Earnings Tell The Story For Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) As Its Stock Soars 28%

Jul 11

Investors Will Want Chung-Hsin Electric and Machinery Manufacturing's (TWSE:1513) Growth In ROCE To Persist

Jun 08

At NT$162, Is It Time To Put Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) On Your Watch List?

May 23

Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Looks Just Right With A 25% Price Jump

Apr 15

There May Be Reason For Hope In Chung-Hsin Electric and Machinery Manufacturing's (TWSE:1513) Disappointing Earnings

Mar 19

Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 17

Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable

Feb 27

Is Chung-Hsin Electric and Machinery Manufacturing (TWSE:1513) A Risky Investment?

Feb 26

Is Chung-Hsin Electric and Machinery Manufacturing Corp. (TPE:1513) A Smart Choice For Dividend Investors?

Apr 06

Chung-Hsin Electric and Machinery Manufacturing (TPE:1513) Has Rewarded Shareholders With An Exceptional 316% Total Return On Their Investment

Dec 02

Earnings and Revenue Growth Forecasts

TWSE:1513 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	32,360	N/A	N/A	N/A	1
12/31/2025	29,338	4,954	5,231	6,857	5
12/31/2024	26,185	4,237	3,830	5,432	1
6/30/2024	23,646	3,377	5,432	6,234	N/A
3/31/2024	22,442	1,794	5,494	6,141	N/A
12/31/2023	22,145	1,586	5,501	7,213	N/A
9/30/2023	21,097	1,546	4,239	5,193	N/A
6/30/2023	20,204	1,358	3,171	4,620	N/A
3/31/2023	19,648	2,618	3,471	4,917	N/A
12/31/2022	18,547	2,434	2,701	5,471	N/A
9/30/2022	18,910	2,273	2,120	5,727	N/A
6/30/2022	18,396	2,161	749	4,872	N/A
3/31/2022	18,085	1,903	-416	5,014	N/A
12/31/2021	18,027	1,956	-315	3,661	N/A
9/30/2021	18,329	2,195	81	6,293	N/A
6/30/2021	17,753	2,089	-199	6,346	N/A
3/31/2021	17,030	2,036	-1,428	3,894	N/A
12/31/2020	15,391	1,527	-2,528	2,586	N/A
9/30/2020	13,453	833	-2,861	-556	N/A
6/30/2020	13,077	739	-1,963	-636	N/A
3/31/2020	12,744	600	-577	591	N/A
12/31/2019	12,378	635	1,254	1,666	N/A
9/30/2019	12,110	610	2,124	2,571	N/A
6/30/2019	12,486	519	1,546	2,122	N/A
3/31/2019	12,353	576	1,864	2,686	N/A
12/31/2018	12,236	545	409	1,395	N/A
9/30/2018	12,396	527	-1,522	-645	N/A
6/30/2018	11,794	581	-322	718	N/A
3/31/2018	11,396	497	N/A	38	N/A
12/31/2017	11,397	488	N/A	572	N/A
9/30/2017	11,854	413	N/A	693	N/A
6/30/2017	11,889	415	N/A	-271	N/A
3/31/2017	11,858	456	N/A	-407	N/A
12/31/2016	12,717	503	N/A	213	N/A
9/30/2016	12,083	494	N/A	645	N/A
6/30/2016	11,668	608	N/A	129	N/A
3/31/2016	11,691	577	N/A	868	N/A
12/31/2015	10,352	551	N/A	110	N/A
9/30/2015	10,733	835	N/A	566	N/A
6/30/2015	11,063	652	N/A	332	N/A
3/31/2015	11,516	708	N/A	303	N/A
12/31/2014	11,321	681	N/A	662	N/A
9/30/2014	10,537	637	N/A	414	N/A
6/30/2014	10,258	589	N/A	1,232	N/A
3/31/2014	9,775	573	N/A	644	N/A
12/31/2013	10,095	588	N/A	214	N/A
9/30/2013	10,046	428	N/A	169	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1513's forecast earnings growth (23.9% per year) is above the savings rate (1%).

Earnings vs Market: 1513's earnings (23.9% per year) are forecast to grow faster than the TW market (18.4% per year).

High Growth Earnings: 1513's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1513's revenue (13% per year) is forecast to grow faster than the TW market (11.7% per year).

High Growth Revenue: 1513's revenue (13% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1513's Return on Equity is forecast to be high in 3 years time (26.4%)

Chung-Hsin Electric and Machinery Manufacturing Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 8.7% to NT$221

Price target increased by 7.5% to NT$204

Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Just Reported And Analysts Have Been Lifting Their Price Targets

Price target increased by 16% to NT$163

Price target increased by 20% to NT$139

Price target increased by 18% to NT$97.00

Recent updates

Second quarter 2024 earnings: EPS misses analyst expectations

Chung-Hsin Electric and Machinery Manufacturing Corp. to Report Q2, 2024 Results on Aug 12, 2024

Investor sentiment deteriorates as stock falls 16%

An Intrinsic Calculation For Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Suggests It's 26% Undervalued

Now 21% undervalued

Earnings Tell The Story For Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) As Its Stock Soars 28%

Investor sentiment improves as stock rises 22%

Dividend of NT$3.60 announced

Now 22% undervalued

First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Investors Will Want Chung-Hsin Electric and Machinery Manufacturing's (TWSE:1513) Growth In ROCE To Persist

At NT$162, Is It Time To Put Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) On Your Watch List?

Chung-Hsin Electric and Machinery Manufacturing Corp. to Report Q1, 2024 Results on May 09, 2024

Chung-Hsin Electric and Machinery Manufacturing Corp. to Report Q1, 2024 Results on May 09, 2024

New major risk - Share price stability

Price target increased by 8.7% to NT$221

Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Looks Just Right With A 25% Price Jump

Investor sentiment improves as stock rises 19%

Price target increased by 7.5% to NT$204

There May Be Reason For Hope In Chung-Hsin Electric and Machinery Manufacturing's (TWSE:1513) Disappointing Earnings

Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Just Reported And Analysts Have Been Lifting Their Price Targets

Full year 2023 earnings: EPS misses analyst expectations

Chung-Hsin Electric and Machinery Manufacturing Corp., Annual General Meeting, May 27, 2024

Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable

Price target increased by 16% to NT$163

Investor sentiment improves as stock rises 18%

Is Chung-Hsin Electric and Machinery Manufacturing (TWSE:1513) A Risky Investment?

New minor risk - Share price stability

Chung-Hsin Electric and Machinery Manufacturing Corp. Announces Board Changes

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

New minor risk - Shareholder dilution

New minor risk - Dividend sustainability

Second quarter 2023 earnings released: NT$1.42 loss per share (vs NT$1.23 profit in 2Q 2022)

Chung-Hsin Electric and Machinery Manufacturing Corp. Announces the Change of Director Representative of Legal Person

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of NT$3.31 per share at 2.6% yield

Price target increased by 20% to NT$139

Investor sentiment improves as stock rises 17%

Chung-Hsin Electric and Machinery Manufacturing Corp. Announces Board Changes

Now 20% undervalued

Now 21% undervalued

Investor sentiment improves as stock rises 22%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Now 22% undervalued

Price target increased by 18% to NT$97.00

Less than half of directors are independent

Third quarter 2022 earnings: EPS misses analyst expectations

Second quarter 2022 earnings released: EPS: NT$1.23 (vs NT$0.68 in 2Q 2021)

Upcoming dividend of NT$2.80 per share

Investor sentiment improved over the past week

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS NT$0.93 (vs NT$0.80 in 3Q 2020)

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$2.20 per share

Second quarter 2021 earnings released: EPS NT$0.68 (vs NT$0.64 in 2Q 2020)

First quarter 2021 earnings released: EPS NT$1.31 (vs NT$0.26 in 1Q 2020)

Is Chung-Hsin Electric and Machinery Manufacturing Corp. (TPE:1513) A Smart Choice For Dividend Investors?

Full year 2020 earnings released: EPS NT$3.59 (vs NT$1.55 in FY 2019)

New 90-day low: NT$45.30

Chung-Hsin Electric and Machinery Manufacturing Corp. announced that it has received TWD 329.44193 million in funding from CMC Magnetics Corporation

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Chung-Hsin Electric and Machinery Manufacturing Corp. announced that it has received TWD 382.11983 million in funding from CMC Magnetics Corporation

Chung-Hsin Electric and Machinery Manufacturing (TPE:1513) Has Rewarded Shareholders With An Exceptional 316% Total Return On Their Investment

New 90-day high: NT$56.10