SHA:688389 Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, SHA:688389 stock has a consensus rating of "Strong Buy" and an average price target of ¥14.68. The average 1-year stock price forecast is 36.56% higher than the current stock price, while the lowest is ¥14.36 (+33.58%) and the highest is ¥15.00 (+39.53%).

Price Target: ¥14.68 (+36.56%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	¥14.36	¥14.68	¥14.68	¥15.00
Change	+33.58%	+36.56%	+36.56%	+39.53%

Analyst Ratings

The average analyst rating for SHA:688389 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	Dec '25	Feb '26	Apr '26	May '26
Strong Buy	3	3	2	2	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	2	2	3	3

Financial Forecast

Revenue This Year

1.23B

from 1.04B

18.23%

from 1.04B

Revenue Next Year

1.42B

from 1.23B

15.48%

from 1.23B

EPS This Year

1.35

from -

EPS Next Year

n/a

from 1.35

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	778.11M	983.04M	1.15B	1.15B	1.04B	1.23B
Revenue Growth	40.50%	26.34%	16.55%	0.20%	-9.60%	18.23%
Gross Profit	476.25M	570.92M	700.62M	763.44M	646.47M	767.92M
Gross Margin	61.21%	58.08%	61.15%	66.50%	62.29%	62.59%
Operating Income	166.64M	205.68M	310.54M	332.52M	150.69M	242.30M
Net Income	190.35M	251.48M	328.58M	345.39M	184.22M	238.40M
EPS	-	-	-	-	-	1.35
Forward PE	-	-	22.94	13.51	12.73	7.96
Dividend / Share	0.18	0.24	0.28	0.28	0.28	0.47
Dividend Growth	-	33.15%	18.57%	0.36%	-	66.67%
Free Cash Flow	-12.96M	-45.54M	144.49M	104.89M	105.81M	532.00M
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	1.3B
Avg	1.2B
Low	1.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	21.5%
Avg	18.2%
Low	15.0%

EPS Forecast

EPS	2026	2027	2028
High	1.35
Avg	1.35
Low	1.35

EPS Growth

EPS Growth	2026	2027	2028
High	75.3%
Avg	75.3%
Low	75.3%