As you might know, Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) just kicked off its latest quarterly results with some very strong numbers. It was overall a positive result, with revenues beating expectations by 3.7% to hit CN¥7.1b. Ningbo Tuopu GroupLtd reported statutory earnings per share (EPS) CN¥0.46, which was a notable 16% above what the analysts had forecast. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. 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 Ningbo Tuopu GroupLtd's 23 analysts is for revenues of CN¥34.0b in 2025. This would reflect a major 37% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to shoot up 36% to CN¥2.25. In the lead-up to this report, the analysts had been modelling revenues of CN¥34.1b and earnings per share (EPS) of CN¥2.24 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
The consensus price target rose 5.9% to CN¥55.63despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Ningbo Tuopu GroupLtd's earnings by assigning a price premium. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Ningbo Tuopu GroupLtd analyst has a price target of CN¥65.70 per share, while the most pessimistic values it at CN¥45.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Ningbo Tuopu GroupLtd'shistorical trends, as the 28% annualised revenue growth to the end of 2025 is roughly in line with the 32% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 18% per year. So although Ningbo Tuopu GroupLtd is expected to maintain its revenue growth rate, it's definitely expected to grow faster than 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 major changes to revenue forecasts, with the business still expected to grow faster than the wider 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 said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Ningbo Tuopu GroupLtd analysts - going out to 2026, and you can see them free on our platform here.
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Ningbo Tuopu GroupLtd (1 is potentially serious) 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.
