SHA:688400 Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, SHA:688400 stock has a consensus rating of "Buy" and an average price target of ¥42.75. The average 1-year stock price forecast is 38.12% lower than the current stock price, while the lowest is ¥29.50 (-57.30%) and the highest is ¥56.00 (-18.95%).

Price Target: ¥42.75 (-38.12%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥29.50	¥42.75	¥42.75	¥56.00
Change	-57.30%	-38.12%	-38.12%	-18.95%

Analyst Ratings

The average analyst rating for SHA:688400 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Feb '26	May '26
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Financial Forecast

Revenue This Year

3.64B

from 2.91B

24.94%

from 2.91B

Revenue Next Year

4.18B

from 3.64B

14.86%

from 3.64B

EPS This Year

0.49

from -

EPS Next Year

n/a

from 0.49

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	2.44B	2.75B	2.64B	2.23B	2.91B	3.64B
Revenue Growth	38.77%	12.83%	-3.92%	-15.42%	30.35%	24.94%
Gross Profit	807.14M	905.51M	804.42M	756.48M	988.80M	1.30B
Gross Margin	33.13%	32.94%	30.46%	33.87%	33.96%	35.70%
Operating Income	146.50M	114.08M	-13.49M	-32.74M	27.02M	87.84M
Net Income	171.86M	187.67M	163.93M	107.07M	161.35M	484.01M
EPS	-	-	-	-	-	0.49
Forward PE	-	33.16	43.11	47.01	77.41	141.00
Dividend / Share	-	0.13	0.05	0.03	0.09	0.31
Dividend Growth	-	-	-60.00%	-50.00%	240.00%	264.71%
No. Analysts	-	-	-	-	-	1

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

Revenue Forecast

Revenue	2026	2027	2028
High	3.6B
Avg	3.6B
Low	3.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	24.9%
Avg	24.9%
Low	24.9%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.49
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	245.3%
Low	-