As you might know, Shanghai Film Co., Ltd. (SHSE:601595) recently reported its quarterly numbers. Revenue of CN¥179m came in a notable 56% ahead of expectations, while statutory earnings of CN¥0.28 were in line with what the analysts had been forecasting. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Shanghai Film after the latest results.
Following the latest results, Shanghai Film's five analysts are now forecasting revenues of CN¥1.30b in 2025. This would be a sizeable 79% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 163% to CN¥0.64. Before this earnings report, the analysts had been forecasting revenues of CN¥1.31b and earnings per share (EPS) of CN¥0.66 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.
There were no changes to revenue or earnings estimates or the price target of CN¥28.00, suggesting that the company has met expectations in its recent result.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. For example, we noticed that Shanghai Film's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 59% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 2.4% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 15% annually. Not only are Shanghai Film's revenues expected to improve, it seems that the analysts are also expecting it 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 no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
With that in mind, we wouldn't be too quick to come to a conclusion on Shanghai Film. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Shanghai Film 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 Shanghai Film 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.
