SHA:688561 Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, SHA:688561 stock has a consensus rating of "Hold" and an average price target of ¥32.83. The average 1-year stock price forecast is 36.22% higher than the current stock price, while the lowest is ¥21.00 (-12.86%) and the highest is ¥45.00 (+86.72%).

Price Target: ¥32.83 (+36.22%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	¥21.00	¥32.83	¥32.65	¥45.00
Change	-12.86%	+36.22%	+35.48%	+86.72%

Analyst Ratings

The average analyst rating for SHA:688561 stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	0	0	0
Hold	1	1	1	1	1	1
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	6	6	6	5	5	5

Financial Forecast

Revenue This Year

4.69B

from 4.39B

6.85%

from 4.39B

Revenue Next Year

5.21B

from 4.69B

11.09%

from 4.69B

EPS This Year

-0.12

from -2.24

EPS Next Year

0.28

from -0.12

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	5.81B	6.22B	6.44B	4.35B	4.39B	4.69B
Revenue Growth	39.60%	7.12%	3.53%	-32.49%	0.97%	6.85%
Gross Profit	3.47B	3.99B	4.14B	2.43B	2.19B	2.44B
Gross Margin	59.76%	64.17%	64.32%	55.97%	49.84%	52.02%
Operating Income	-783.05M	-455.80M	-106.30M	-1.47B	-1.22B	-562.74M
Net Income	-554.75M	57.63M	71.75M	-1.38B	-1.29B	-631.93M
EPS	-	-	-	-	-2.24	-0.12
Free Cash Flow	-1.43B	-1.31B	-665.54M	-95.25M	109.36M	1.00B
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2026	2027	2028
High	4.8B
Avg	4.7B
Low	4.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	10.3%
Avg	6.9%
Low	5.0%

EPS Forecast

EPS	2026	2027	2028
High	-0.12
Avg	-0.12
Low	-0.12

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-