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Chinese (SSE) Tires and Rubber Industry Analysis

UpdatedApr 18, 2024
DataAggregated Company Financials
Companies13
  • 7D8.5%
  • 3M17.1%
  • 1Y21.3%
  • YTDn/a

Over the last 7 days, the Tires and Rubber industry has risen 2.7%, driven by gains from Sailun Group of 9.7%. During this same period, the Qingdao DoublestarLtd underperformed, falling 7.8%. In the last 12 months, the industry was up 14%. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Chinese Tires and Rubber Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Apr 2024CN¥180.2bCN¥110.9bCN¥9.0b22.4x20.1x1.6x
Sat, 16 Mar 2024CN¥164.8bCN¥291.8bCN¥21.2b18.1x7.8x0.6x
Mon, 12 Feb 2024CN¥151.3bCN¥108.5bCN¥8.2b19.9x18.5x1.4x
Wed, 10 Jan 2024CN¥145.6bCN¥108.5bCN¥8.2b20.3x17.8x1.3x
Fri, 08 Dec 2023CN¥147.0bCN¥108.5bCN¥8.2b21.3x18x1.4x
Sun, 05 Nov 2023CN¥151.0bCN¥108.5bCN¥8.2b21.7x18.5x1.4x
Tue, 03 Oct 2023CN¥153.4bCN¥103.5bCN¥6.2b25.1x24.6x1.5x
Thu, 31 Aug 2023CN¥157.4bCN¥101.5bCN¥5.7b27.7x27.5x1.6x
Sat, 29 Jul 2023CN¥158.5bCN¥99.3bCN¥5.0b28x31.5x1.6x
Mon, 26 Jun 2023CN¥148.8bCN¥99.3bCN¥5.0b27.2x29.6x1.5x
Wed, 24 May 2023CN¥142.5bCN¥99.3bCN¥5.0b25.6x28.3x1.4x
Fri, 21 Apr 2023CN¥140.8bCN¥95.1bCN¥3.7b28x38.4x1.5x
Sun, 19 Mar 2023CN¥139.8bCN¥95.1bCN¥3.6b29.9x38.4x1.5x
Tue, 14 Feb 2023CN¥150.3bCN¥94.8bCN¥3.7b33.5x40.8x1.6x
Thu, 12 Jan 2023CN¥139.4bCN¥94.8bCN¥3.7b27.4x37.8x1.5x
Sat, 10 Dec 2022CN¥139.4bCN¥94.8bCN¥3.7b28.6x37.9x1.5x
Mon, 07 Nov 2022CN¥135.9bCN¥94.8bCN¥3.7b34.2x36.9x1.4x
Wed, 05 Oct 2022CN¥130.1bCN¥90.6bCN¥3.4b28.8x38.2x1.4x
Fri, 02 Sep 2022CN¥148.6bCN¥90.3bCN¥3.4b30.1x43.7x1.6x
Sun, 31 Jul 2022CN¥172.9bCN¥89.9bCN¥3.5b43.8x49.6x1.9x
Tue, 28 Jun 2022CN¥160.7bCN¥89.9bCN¥3.5b35.2x46.1x1.8x
Thu, 26 May 2022CN¥131.4bCN¥89.9bCN¥3.5b26.7x37.7x1.5x
Sat, 23 Apr 2022CN¥121.8bCN¥92.1bCN¥5.9b23.2x20.8x1.3x
Mon, 21 Mar 2022CN¥140.4bCN¥91.6bCN¥5.7b26.4x24.5x1.5x
Wed, 16 Feb 2022CN¥159.2bCN¥91.5bCN¥5.8b26.5x27.4x1.7x
Fri, 14 Jan 2022CN¥173.7bCN¥91.4bCN¥6.4b28.5x27.1x1.9x
Sun, 12 Dec 2021CN¥183.4bCN¥91.4bCN¥6.4b28.5x28.6x2x
Tue, 09 Nov 2021CN¥178.2bCN¥91.4bCN¥6.4b29.1x27.8x1.9x
Thu, 07 Oct 2021CN¥154.8bCN¥92.9bCN¥8.1b19x19.2x1.7x
Sat, 04 Sep 2021CN¥151.8bCN¥92.9bCN¥8.1b20.6x18.8x1.6x
Mon, 02 Aug 2021CN¥158.5bCN¥92.9bCN¥8.1b21.2x19.6x1.7x
Thu, 06 May 2021CN¥175.3bCN¥90.0bCN¥8.3b21.7x21x1.9x
Price to Earnings Ratio

21x


Total Market Cap: CN¥175.3bTotal Earnings: CN¥8.3bTotal Revenue: CN¥90.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Tires and Rubber Industry Price to Earnings3Y Average 28.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Tires and Rubber industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 19.7x which is lower than its 3-year average PE of 28.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Tires and Rubber industry have grown 2.3% per year over the last three years.
  • Revenues for these companies have grown 7.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Chinese Tires and Rubber compare with similar industries?

CN Market-0.20%
Consumer Discretionary-0.27%
Auto Components-2.10%
Tires and Rubber8.51%
Auto Parts and Equipment-3.39%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
601058 Sailun GroupCN¥16.788.4%
+CN¥4.1b
62.4%PE23.1x
601966 Shandong Linglong TyreLtdCN¥23.8813.1%
+CN¥4.0b
9.9%PE25.2x
589 Guizhou TyreLtdCN¥6.6916.6%
+CN¥2.4b
28.7%PE11.7x
887 Anhui Zhongding Sealing PartsCN¥12.7610.0%
+CN¥1.5b
8.1%PE14.9x
601500 Jiangsu General Science TechnologyCN¥6.0215.1%
+CN¥1.3b
58.8%PE62.6x
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Latest News

2984

CN¥24.48

Qingdao Sentury Tire

7D

-21.5%

1Y

-19.0%

601500

CN¥6.02

Jiangsu General Science Technology

7D

15.1%

1Y

58.8%

589

CN¥6.69

Guizhou TyreLtd

7D

16.6%

1Y

28.7%

603655

CN¥13.71

Changzhou Langbo Sealing TechnologiesLtd

7D

-11.8%

1Y

-55.3%

887

CN¥12.76

Anhui Zhongding Sealing Parts

7D

10.0%

1Y

8.1%

599

CN¥4.35

Qingdao DoublestarLtd

7D

-7.1%

1Y

7.4%

300375

CN¥4.13

Tianjin Pengling GroupLtd

7D

-6.1%

1Y

19.4%

601966

CN¥23.88

Shandong Linglong TyreLtd

7D

13.1%

1Y

9.9%

300547

CN¥17.54

Sichuan Chuanhuan TechnologyLtd

7D

-3.4%

1Y

12.2%

600469

CN¥5.87

Aeolus Tyre

7D

0.7%

1Y

13.3%

600182

CN¥14.94

Giti Tire

7D

3.4%

1Y

2.5%

601163

CN¥18.29

Triangle TyreLtd

7D

6.8%

1Y

38.6%