Ningxia Baofeng Energy Group Co., Ltd. (SHA:600989)
China flag China · Delayed Price · Currency is CNY
21.24
-0.26 (-1.21%)
Nov 6, 2026, 3:00 PM CST

SHA:600989 Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, SHA:600989 stock has a consensus rating of "Strong Buy" and an average price target of ¥35.44. The average 1-year stock price forecast is 66.85% higher than the current stock price, while the lowest is ¥27.50 (+29.47%) and the highest is ¥40.00 (+88.32%).

Price Target: ¥35.44 (+66.85%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price¥27.50¥35.44¥37.84¥40.00
Change+29.47%+66.85%+78.15%+88.32%

Analyst Ratings

The average analyst rating for SHA:600989 stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingApr '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy766778
Buy000001
Hold111110
Sell000000
Strong Sell000000
Total877889

Financial Forecast

Revenue This Year
62.37B
from 48.04B
Increased by 29.83%
Revenue Next Year
63.60B
from 62.37B
Increased by 1.98%
EPS This Year
2.60
from 1.58
Increased by 64.50%
EPS Next Year
2.52
from 2.60
Decreased by -3.01%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.30B28.43B29.14B32.98B48.04B62.37B
Revenue Growth
46.29%22.02%2.48%13.21%45.64%29.83%
Gross Profit
9.82B9.31B8.86B10.93B17.25B26.20B
Gross Margin
42.15%32.75%30.40%33.15%35.91%42.01%
Operating Income
8.70B8.04B7.12B8.54B14.48B22.76B
Net Income
7.07B6.30B5.65B6.34B11.35B18.98B
EPS
----1.582.60
EPS Growth
----69.76%64.50%
Forward PE
16.409.9313.0311.3510.858.17
Dividend / Share
0.320.280.280.460.771.16
Dividend Growth
14.64%-12.77%-64.21%67.92%49.97%
Free Cash Flow
----10.21B24.73B
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202620272028
High66.4B
Avg62.4B
Low57.7B

Revenue Growth

Revenue Growth202620272028
High
38.2%
Avg
29.8%
Low
20.2%

EPS Forecast

EPS202620272028
High2.60
Avg2.60
Low2.60

EPS Growth

EPS Growth202620272028
High
64.5%
Avg
64.5%
Low
64.5%