SHA:688232 Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, SHA:688232 stock has a consensus rating of "Strong Buy" and an average price target of ¥28.66. The average 1-year stock price forecast is 51.16% higher than the current stock price, while the lowest is ¥27.00 (+42.41%) and the highest is ¥30.32 (+59.92%).

Price Target: ¥28.66 (+51.16%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	¥27.00	¥28.66	¥28.66	¥30.32
Change	+42.41%	+51.16%	+51.16%	+59.92%

Analyst Ratings

The average analyst rating for SHA:688232 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	Aug '25	Sep '25	Oct '25	Jan '26	Feb '26	Apr '26
Strong Buy	4	4	4	3	2	2
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	4	4	4	3	2	2

Financial Forecast

Revenue This Year

1.83B

from 1.84B

-0.30%

from 1.84B

Revenue Next Year

1.89B

from 1.83B

3.30%

from 1.83B

EPS This Year

0.46

from -

EPS Next Year

0.50

from 0.46

8.70%

from 0.46

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Jan 1, 2023	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.79B	2.82B	2.44B	2.15B	1.84B	1.83B
Revenue Growth	31.56%	1.07%	-13.56%	-12.08%	-14.41%	-0.30%
Gross Profit	1.84B	1.86B	1.39B	1.29B	1.05B	1.10B
Gross Margin	65.84%	66.00%	57.12%	60.10%	57.37%	60.20%
Operating Income	523.18M	432.75M	39.82M	88.02M	-21.23M	185.97M
Net Income	504.10M	572.90M	194.76M	204.27M	36.14M	160.10M
EPS	-	-	-	-	-	0.46
Forward PE	-	24.06	20.72	31.16	29.88	41.22
Dividend / Share	0.50	0.60	0.36	0.36	0.10	0.41
Dividend Growth	-	20.00%	-40.00%	-	-72.22%	310.00%
No. Analysts	-	-	-	-	-	2

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

Revenue Forecast

Revenue	2026	2027	2028
High	1.9B
Avg	1.8B
Low	1.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	2.0%
Avg	-0.3%
Low	-2.6%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.46
Low	-

EPS Growth

EPS Growth	2027	2028
High	-
Avg	8.7%
Low	-