SHA:688396 Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, SHA:688396 stock has a consensus rating of "Buy" and an average price target of ¥55.68. The average 1-year stock price forecast is 11.03% lower than the current stock price, while the lowest is ¥37.46 (-40.14%) and the highest is ¥83.40 (+33.27%).

Price Target: ¥55.68 (-11.03%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥37.46	¥55.68	¥47.00	¥83.40
Change	-40.14%	-11.03%	-24.90%	+33.27%

Analyst Ratings

The average analyst rating for SHA:688396 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	Jun '26
Strong Buy	4	4	3	3	4	4
Buy	0	0	0	0	1	1
Hold	4	4	4	3	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	2	2	2
Total	9	9	8	8	9	9

Financial Forecast

Revenue This Year

13.04B

from 11.05B

17.96%

from 11.05B

Revenue Next Year

14.72B

from 13.04B

12.91%

from 13.04B

EPS This Year

8.68

from -

EPS Next Year

n/a

from 8.68

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	9.25B	10.06B	9.90B	10.12B	11.05B	13.04B
Revenue Growth	32.56%	8.77%	-1.59%	2.20%	9.24%	17.96%
Gross Profit	3.29B	3.62B	3.12B	2.65B	2.82B	3.67B
Gross Margin	35.62%	35.94%	31.51%	26.21%	25.47%	28.12%
Operating Income	1.92B	1.93B	1.18B	913.23M	964.45M	1.35B
Net Income	2.27B	2.62B	1.48B	762.46M	660.54M	1.27B
EPS	-	-	-	-	-	8.68
Forward PE	36.71	38.11	35.47	39.06	54.02	7.21
Dividend / Share	0.17	0.20	0.11	0.06	0.08	0.50
Dividend Growth	-	15.42%	-43.62%	-48.12%	32.76%	554.91%
Free Cash Flow	1.17B	272.42M	-4.01B	-265.10M	581.19M	245.11M
No. Analysts	-	-	-	-	-	5

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

Revenue Forecast

Revenue	2026	2027	2028
High	13.5B
Avg	13.0B
Low	12.7B

Revenue Growth

Revenue Growth	2026	2027	2028
High	21.8%
Avg	18.0%
Low	14.9%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	8.68
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	160.9%
Low	-