10 Things to Consider When Buying Kexin Gear

I had no idea just how inexpensive flash drives have gotten until I bought these...

You're getting a good amount of storage space between a large number of drives that have an excellent transfer speed all at a low price.

I bought these for two reasons, both of which have to do with a new desktop I built:

1. I needed to make some live boot installers for Windows, Ubuntu, and other flavors of Linux, and these have all the space I need to pull that off AND have plenty of room left over for local storage on the portable OSs.

These work perfect for that.

2. Transferring large files for games and other large files.

I absolutely hate the idea of downloading the various 20+ gig games I have from scratch. And large folder archives of MP4s and MKV files can be transferred faster if you use more than one storage device at a time, rather than shell out a lot more money for an external SSD:

-Fill up one drive with a ton of large files, and when that's done start transferring those to the new device

-As soon as you start that, get another drive on the old device and start copying files again.

Doing both of those things in parallel can really save you time. These are USB 3.0, so speeds are way faster than trying to download a lot of stuff from scratch over the web.

And you'll also get to say "yes" every time someone asks if you have a spare flash drive with a lot of available space.

Goto Kexin to know more.

As you might know, Sichuan Kexin Mechanical and Electrical Equipment Co.,Ltd ( ) recently reported its yearly numbers. Results were roughly in line with estimates, with revenues of CN¥1.5b and statutory earnings per share of CN¥0.61. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

After the latest results, the twin analysts covering Sichuan Kexin Mechanical and Electrical EquipmentLtd are now predicting revenues of CN¥1.78b in 2024. If met, this would reflect a notable 19% improvement in revenue compared to the last 12 months. Per-share earnings are expected to step up 17% to CN¥0.70. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥1.97b and earnings per share (EPS) of CN¥0.84 in 2024. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a real cut to earnings per share numbers.

The consensus price target fell 10% to CN¥12.90, with the weaker earnings outlook clearly leading valuation estimates.

Contact us to discuss your requirements of Kexin Gear. Our experienced sales team can help you identify the options that best suit your needs.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and growth estimates. The period to the end of 2024 brings more of the same, according to the analysts, with revenue forecast to display 19% growth on an annualised basis. That is in line with its 21% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 19% annually. So although Sichuan Kexin Mechanical and Electrical EquipmentLtd is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At least one analyst has provided forecasts out to 2024, which can be seen for free

However, before you get too enthused, we've discovered (1 is significant!) that you should be aware of.

Valuation is complex, but we're helping make it simple.

Find out whether Sichuan Kexin Mechanical and Electrical EquipmentLtd is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

If you want to learn more, please visit our website Herringbone Gears.