As you might know, Zhejiang JIULI Hi-tech Metals Co.,Ltd (SZSE:002318) recently reported its third-quarter numbers. Revenues were CN¥2.3b, 24% shy of what the analysts were expecting, although statutory earnings of CN¥1.53 per share were roughly in line with what was forecast. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Taking into account the latest results, the current consensus from Zhejiang JIULI Hi-tech MetalsLtd's six analysts is for revenues of CN¥11.8b in 2025. This would reflect a major 24% increase on its revenue over the past 12 months. Per-share earnings are expected to climb 17% to CN¥1.73. Before this earnings report, the analysts had been forecasting revenues of CN¥11.9b and earnings per share (EPS) of CN¥1.73 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.

The consensus price target rose 5.8% to CN¥28.33despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Zhejiang JIULI Hi-tech MetalsLtd's earnings by assigning a price premium. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Zhejiang JIULI Hi-tech MetalsLtd at CN¥30.00 per share, while the most bearish prices it at CN¥26.66. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

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 Zhejiang JIULI Hi-tech MetalsLtd'shistorical trends, as the 18% annualised revenue growth to the end of 2025 is roughly in line with the 17% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 10% annually. So it's pretty clear that Zhejiang JIULI Hi-tech MetalsLtd is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is 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.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Zhejiang JIULI Hi-tech MetalsLtd going out to 2026, and you can see them free on our platform here..

Before you take the next step you should know about the 1 warning sign for Zhejiang JIULI Hi-tech MetalsLtd that we have uncovered.

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.