SHA:601928 Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, SHA:601928 stock has a consensus rating of "Strong Buy" and an average price target of ¥11.00. The average 1-year stock price forecast is 20.48% higher than the current stock price, while the lowest is ¥10.51 (+15.12%) and the highest is ¥11.50 (+25.96%).

Price Target: ¥11.00 (+20.48%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	¥10.51	¥11.00	¥11.00	¥11.50
Change	+15.12%	+20.48%	+20.48%	+25.96%

Analyst Ratings

The average analyst rating for SHA:601928 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

Rating	Sep '25	Oct '25	Nov '25	Jan '26	Apr '26	May '26
Strong Buy	3	3	3	3	3	3
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Financial Forecast

Revenue This Year

11.59B

from 12.35B

-6.14%

from 12.35B

Revenue Next Year

11.88B

from 11.59B

2.48%

from 11.59B

EPS This Year

0.81

from -

EPS Next Year

n/a

from 0.81

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	12.52B	13.60B	13.65B	13.61B	12.35B	11.59B
Revenue Growth	3.15%	8.62%	0.36%	-0.29%	-9.25%	-6.14%
Gross Profit	4.35B	4.93B	4.91B	5.17B	4.69B	4.51B
Gross Margin	34.72%	36.30%	35.99%	37.97%	37.95%	38.96%
Operating Income	1.15B	1.55B	1.58B	1.64B	1.25B	1.75B
Net Income	2.46B	2.08B	2.95B	1.60B	1.80B	1.72B
EPS	-	-	-	-	-	0.81
Forward PE	10.37	10.37	9.18	15.36	12.55	11.27
Dividend / Share	0.50	0.50	0.50	0.50	0.50	0.50
Dividend Growth	-	-	-	-	-	-
Free Cash Flow	2.18B	975.51M	1.43B	711.03M	754.00M	1.04B
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue	2026	2027	2028
High	12.2B
Avg	11.6B
Low	11.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-0.9%
Avg	-6.1%
Low	-8.9%

EPS Forecast

EPS	2026	2027	2028
High	0.81
Avg	0.81
Low	0.81

EPS Growth

EPS Growth	2027	2028
High	-
Avg	-
Low	-