The third-quarter results for KEBODA TECHNOLOGY Co., Ltd. (SHSE:603786) were released last week, making it a good time to revisit its performance. Revenues were CN¥1.5b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at CN¥0.58, an impressive 23% ahead of estimates. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on KEBODA TECHNOLOGY after the latest results.
Taking into account the latest results, the most recent consensus for KEBODA TECHNOLOGY from ten analysts is for revenues of CN¥7.73b in 2025. If met, it would imply a sizeable 35% increase on its revenue over the past 12 months. Per-share earnings are expected to shoot up 44% to CN¥2.73. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥7.70b and earnings per share (EPS) of CN¥2.67 in 2025. So the consensus seems to have become somewhat more optimistic on KEBODA TECHNOLOGY's earnings potential following these results.
The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 15% to CN¥75.10. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic KEBODA TECHNOLOGY analyst has a price target of CN¥86.49 per share, while the most pessimistic values it at CN¥51.99. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await KEBODA TECHNOLOGY shareholders.
Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting KEBODA TECHNOLOGY's growth to accelerate, with the forecast 27% annualised growth to the end of 2025 ranking favourably alongside historical growth of 14% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 18% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that KEBODA TECHNOLOGY is expected to grow much faster than its industry.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards KEBODA TECHNOLOGY following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple KEBODA TECHNOLOGY analysts - going out to 2026, and you can see them free on our platform here.
And what about risks? Every company has them, and we've spotted 1 warning sign for KEBODA TECHNOLOGY you should know about.
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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.
