Innolux Future Growth

Future criteria checks 3/6

Innolux is forecast to grow earnings and revenue by 149.9% and 7.8% per annum respectively while EPS is expected to grow by 156% per annum.

Key information

149.9%

Earnings growth rate

156.0%

EPS growth rate

Electronic earnings growth	22.3%
Revenue growth rate	7.8%
Future return on equity	n/a
Analyst coverage	Low
Last updated	24 Apr 2024

Recent future growth updates

Analysts Have Lowered Expectations For Innolux Corporation (TWSE:3481) After Its Latest Results

Feb 27

Recent updates

Health Check: How Prudently Does Innolux (TWSE:3481) Use Debt?

Apr 04

Analysts Have Lowered Expectations For Innolux Corporation (TWSE:3481) After Its Latest Results

Feb 27

Is There An Opportunity With Innolux Corporation's (TPE:3481) 25% Undervaluation?

Dec 26

Is Innolux (TPE:3481) A Risky Investment?

Nov 30

Earnings and Revenue Growth Forecasts

TWSE:3481 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	248,738	11,717	11,096	N/A	4
12/31/2024	233,295	-3,785	-826	N/A	2
3/31/2024	216,638	-14,978	N/A	N/A	N/A
12/31/2023	211,741	-18,643	-11,796	9,556	N/A
9/30/2023	206,249	-27,799	-14,803	7,166	N/A
6/30/2023	196,611	-38,647	-24,260	-3,022	N/A
3/31/2023	199,425	-37,649	-29,026	-7,488	N/A
12/31/2022	223,716	-27,990	-23,037	-1,983	N/A
9/30/2022	255,719	-9,655	-15,471	10,893	N/A
6/30/2022	300,790	21,694	20,427	49,046	N/A
3/31/2022	336,124	47,853	58,128	88,018	N/A
12/31/2021	350,077	57,534	73,591	101,752	N/A
9/30/2021	348,228	61,736	79,298	101,786	N/A
6/30/2021	329,711	44,676	58,908	79,282	N/A
3/31/2021	303,358	18,476	26,967	44,621	N/A
12/31/2020	269,911	1,636	1,705	22,404	N/A
9/30/2020	257,421	-15,367	-1,661	18,649	N/A
6/30/2020	246,146	-20,797	-4,560	16,049	N/A
3/31/2020	242,439	-18,987	-17,827	6,760	N/A
12/31/2019	251,971	-17,443	-11,019	13,835	N/A
9/30/2019	258,637	-11,281	-16,917	15,189	N/A
6/30/2019	269,250	-5,479	-14,833	24,260	N/A
3/31/2019	272,537	-4,442	-2,560	40,097	N/A
12/31/2018	279,376	2,223	5,804	52,580	N/A
9/30/2018	286,265	7,215	13,839	58,688	N/A
6/30/2018	291,865	14,059	22,579	60,487	N/A
3/31/2018	309,912	28,110	41,618	71,848	N/A
12/31/2017	329,174	37,029	N/A	82,643	N/A
9/30/2017	339,425	43,603	N/A	78,345	N/A
6/30/2017	334,402	37,904	N/A	79,640	N/A
3/31/2017	316,698	22,310	N/A	63,223	N/A
12/31/2016	287,089	1,871	N/A	33,399	N/A
9/30/2016	279,171	-15,722	N/A	35,165	N/A
6/30/2016	293,442	-15,298	N/A	42,152	N/A
3/31/2016	320,392	-6,417	N/A	53,197	N/A
12/31/2015	364,133	10,816	N/A	81,064	N/A
9/30/2015	397,616	28,693	N/A	102,644	N/A
6/30/2015	421,952	32,570	N/A	107,212	N/A
3/31/2015	439,261	30,175	N/A	121,267	N/A
12/31/2014	428,662	21,677	N/A	104,729	N/A
9/30/2014	410,935	9,185	N/A	84,136	N/A
6/30/2014	394,939	2,512	N/A	76,344	N/A
3/31/2014	395,442	3,571	N/A	67,892	N/A
12/31/2013	422,731	5,103	N/A	75,889	N/A
9/30/2013	455,129	3,274	N/A	70,097	N/A
6/30/2013	486,938	-1,396	N/A	73,462	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3481 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.8%).

Earnings vs Market: 3481 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 3481 is expected to become profitable in the next 3 years.

Revenue vs Market: 3481's revenue (7.8% per year) is forecast to grow slower than the TW market (10.5% per year).

High Growth Revenue: 3481's revenue (7.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 3481's Return on Equity is forecast to be high in 3 years time

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Innolux Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 27%

Consensus estimates of losses per share improve by 49%

Analysts Have Lowered Expectations For Innolux Corporation (TWSE:3481) After Its Latest Results

Price target increased by 7.0% to NT$16.71

Price target increased by 7.0% to NT$16.71

Price target decreased by 7.5% to NT$14.46

Recent updates

Innolux Corporation to Report Q1, 2024 Results on Apr 19, 2024

Health Check: How Prudently Does Innolux (TWSE:3481) Use Debt?

Consensus EPS estimates fall by 27%

Consensus estimates of losses per share improve by 49%

High number of new directors

Analysts Have Lowered Expectations For Innolux Corporation (TWSE:3481) After Its Latest Results

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Innolux Corporation, Annual General Meeting, May 31, 2024

Price target increased by 7.0% to NT$16.71

Price target increased by 7.0% to NT$16.71

Price target decreased by 7.5% to NT$14.46

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 9.7% to NT$16.94

Price target increased by 7.9% to NT$18.03

Upcoming dividend of NT$0.50 per share at 6.7% yield

Price target increased by 7.1% to NT$17.63

Consensus estimates of losses per share improve by 13%

Consensus estimates of losses per share improve by 13%

Price target increased by 7.5% to NT$16.41

Price target increased by 12% to NT$16.01

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

Consensus estimates of losses per share improve by 12%

Innolux Corporation, Annual General Meeting, May 31, 2023

Price target increased by 7.6% to NT$12.73

Price target increased to NT$12.00

Price target increased to NT$12.11

Consensus EPS estimates fall by 26%

Investor sentiment improved over the past week

Price target increased to NT$11.28

Price target increased to NT$11.18

Consensus forecasts updated

Upcoming dividend of NT$0.95 per share

Price target decreased to NT$10.11

Second quarter 2022 earnings: EPS misses analyst expectations

Consensus forecasts updated

Price target decreased to NT$10.97

Consensus EPS estimates fall by 97%

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$1.05 per share

Innolux Corporation Announces Committee Changes

Price target decreased to NT$12.68

Consensus EPS estimates fall by 15%

Price target decreased to NT$14.16

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 28%

Innolux Corporation to Showcase Metaverse Black Tech At SID Display Week 2022

Price target decreased to NT$15.72

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Innolux Corporation, Annual General Meeting, Jun 24, 2022

Third quarter 2021 earnings released: EPS NT$1.77 (vs NT$0.16 in 3Q 2020)

Price target decreased to NT$18.97

Investor sentiment deteriorated over the past week

Price target decreased to NT$24.71

Price target decreased to NT$24.39

Consensus EPS estimates increase to NT$7.13

Upcoming dividend of NT$0.40 per share

Price target decreased to NT$28.11

Investor sentiment improved over the past week

Consensus EPS estimates increase to NT$6.06

First quarter 2021 earnings released: EPS NT$1.15 (vs NT$0.55 loss in 1Q 2020)

Consensus EPS estimates increase to NT$5.55

Price target increased to NT$23.88

Estimating The Intrinsic Value Of Innolux Corporation (TPE:3481)

Price target increased to NT$20.88

Here's Why Innolux (TPE:3481) Can Manage Its Debt Responsibly

Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire additional 2.57% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 400 million.

Is Now The Time To Look At Buying Innolux Corporation (TPE:3481)?