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YUNDA Holding Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

yunda holding有限会社は収益をわずかに逃しましたが、アナリストたちはそのモデルを更新しました。

Simply Wall St ·  05/02 19:52

YUNDA Holding Co., Ltd. (SZSE:002120) just released its latest quarterly report and things are not looking great. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at CN¥45b, statutory earnings missed forecasts by 13%, coming in at just CN¥0.55 per share. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on YUNDA Holding after the latest results.

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SZSE:002120 Earnings and Revenue Growth May 2nd 2024

After the latest results, the 14 analysts covering YUNDA Holding are now predicting revenues of CN¥49.4b in 2024. If met, this would reflect a notable 9.7% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to shoot up 40% to CN¥0.79. Before this earnings report, the analysts had been forecasting revenues of CN¥51.6b and earnings per share (EPS) of CN¥0.82 in 2024. The analysts are less bullish than they were before these results, given the reduced revenue forecasts and the minor downgrade to earnings per share expectations.

The analysts made no major changes to their price target of CN¥9.56, suggesting the downgrades are not expected to have a long-term impact on YUNDA Holding's valuation. 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. There are some variant perceptions on YUNDA Holding, with the most bullish analyst valuing it at CN¥13.30 and the most bearish at CN¥7.00 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

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 YUNDA Holding'shistorical trends, as the 13% annualised revenue growth to the end of 2024 is roughly in line with the 16% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 11% annually. It's clear that while YUNDA Holding's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for YUNDA Holding. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. 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.

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 forecasts for YUNDA Holding 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 1 warning sign for YUNDA Holding that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

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