It's been a good week for Zhejiang Weixing Industrial Development Co., Ltd. (SZSE:002003) shareholders, because the company has just released its latest third-quarter results, and the shares gained 2.4% to CN¥13.83. It was a workmanlike result, with revenues of CN¥1.3b coming in 3.7% ahead of expectations, and statutory earnings per share of CN¥0.53, in line with analyst appraisals. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

Taking into account the latest results, the current consensus from Zhejiang Weixing Industrial Development's ten analysts is for revenues of CN¥5.27b in 2025. This would reflect a meaningful 15% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 24% to CN¥0.68. Before this earnings report, the analysts had been forecasting revenues of CN¥5.24b and earnings per share (EPS) of CN¥0.67 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.

With the analysts reconfirming their revenue and earnings forecasts, it's surprising to see that the price target rose 5.5% to CN¥14.46. It looks as though they previously had some doubts over whether the business would live up to their expectations. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Zhejiang Weixing Industrial Development at CN¥15.84 per share, while the most bearish prices it at CN¥13.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of Zhejiang Weixing Industrial Development'shistorical trends, as the 12% annualised revenue growth to the end of 2025 is roughly in line with the 12% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 13% per year. So although Zhejiang Weixing Industrial Development is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.

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. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

With that in mind, we wouldn't be too quick to come to a conclusion on Zhejiang Weixing Industrial Development. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Zhejiang Weixing Industrial Development analysts - going out to 2026, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for Zhejiang Weixing Industrial Development you should be aware of.

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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.