Shareholders might have noticed that Tingyi (Cayman Islands) Holding Corp. (HKG:322) filed its full-year result this time last week. The early response was not positive, with shares down 5.7% to HK$12.24 in the past week. The result was positive overall - although revenues of CN¥81b were in line with what the analysts predicted, Tingyi (Cayman Islands) Holding surprised by delivering a statutory profit of CN¥0.66 per share, modestly greater than expected. 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 collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
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Taking into account the latest results, the most recent consensus for Tingyi (Cayman Islands) Holding from 21 analysts is for revenues of CN¥83.1b in 2025. If met, it would imply a modest 3.0% increase on its revenue over the past 12 months. Per-share earnings are expected to expand 10% to CN¥0.73. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥84.3b and earnings per share (EPS) of CN¥0.70 in 2025. So the consensus seems to have become somewhat more optimistic on Tingyi (Cayman Islands) Holding's earnings potential following these results.
Check out our latest analysis for Tingyi (Cayman Islands) Holding
The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 12% to HK$13.46. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Tingyi (Cayman Islands) Holding at HK$16.31 per share, while the most bearish prices it at HK$8.64. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
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. It's pretty clear that there is an expectation that Tingyi (Cayman Islands) Holding's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 3.0% growth on an annualised basis. This is compared to a historical growth rate of 5.5% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.7% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Tingyi (Cayman Islands) Holding.
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 Tingyi (Cayman Islands) Holding following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse 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 in mind, we wouldn't be too quick to come to a conclusion on Tingyi (Cayman Islands) Holding. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Tingyi (Cayman Islands) Holding analysts - going out to 2027, 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 Tingyi (Cayman Islands) Holding you should know about.
Discover if Tingyi (Cayman Islands) Holding might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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