SHA:688409 Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, SHA:688409 stock has a consensus rating of "Strong Buy" and an average price target of ¥116.00. The average 1-year stock price forecast is 42.94% lower than the current stock price, while the lowest is ¥91.80 (-54.85%) and the highest is ¥140.20 (-31.04%).

Price Target: ¥116.00 (-42.94%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	¥91.80	¥116.00	¥116.00	¥140.20
Change	-54.85%	-42.94%	-42.94%	-31.04%

Analyst Ratings

The average analyst rating for SHA:688409 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	Nov '25	Dec '25	Jan '26	Mar '26	May '26
Strong Buy	4	3	2	1	1	2
Buy	1	1	1	1	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	5	4	3	2	1	2

Financial Forecast

Revenue This Year

5.17B

from 3.54B

45.93%

from 3.54B

Revenue Next Year

6.65B

from 5.17B

28.54%

from 5.17B

EPS This Year

n/a

from -

EPS Next Year

n/a

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	843.13M	1.54B	2.07B	3.04B	3.54B	5.17B
Revenue Growth	75.21%	83.18%	33.75%	47.14%	16.58%	45.93%
Gross Profit	260.12M	488.95M	495.03M	705.79M	672.49M	1.37B
Gross Margin	30.85%	31.66%	23.96%	23.22%	18.98%	26.55%
Operating Income	93.38M	206.91M	111.05M	166.72M	25.64M	563.00M
Net Income	126.49M	245.46M	168.69M	202.65M	-8.61M	494.00M
Dividend / Share	-	0.47	0.34	0.35	-	-
No. Analysts	-	-	-	-	-	1

Financial currency is CNY.

Revenue Forecast

Revenue	2026	2027
High	5.2B
Avg	5.2B
Low	5.2B

Revenue Growth

Revenue Growth	2026	2027
High	45.9%
Avg	45.9%
Low	45.9%

EPS Forecast

EPS	2026	2027
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2027
High	-
Avg	-
Low	-