Analysts Just Published A Bright New Outlook For China Resources Building Materials Technology Holdings Limited's (HKG:1313)

China Resources Building Materials Technology Holdings Limited (HKG:1313) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with analysts modelling a real improvement in business performance.

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Following the upgrade, the current consensus from China Resources Building Materials Technology Holdings' eleven analysts is for revenues of CN¥24b in 2026 which - if met - would reflect a substantial 22% increase on its sales over the past 12 months. The losses are expected to disappear over the next year or so, with forecasts for a profit of CN¥0.098 per share this year. Previously, the analysts had been modelling revenues of CN¥20b and earnings per share (EPS) of CN¥0.061 in 2026. So we can see there's been a pretty clear increase in analyst sentiment in recent times, with both revenues and earnings per share receiving a decent lift in the latest estimates.

View our latest analysis for China Resources Building Materials Technology Holdings

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. For example, we noticed that China Resources Building Materials Technology Holdings' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 49% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 13% 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 6.3% annually. Not only are China Resources Building Materials Technology Holdings' revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. Fortunately, analysts also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. More bullish expectations could be a signal for investors to take a closer look at China Resources Building Materials Technology Holdings.

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 China Resources Building Materials Technology Holdings analysts - going out to 2028, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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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.