The Returns At Qingdao Sentury Tire (SZSE:002984) Aren't Growing
Mar 12
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Chinese (SSE) Tires and Rubber Industry Analysis
UpdatedMar 15, 2025
DataAggregated Company Financials
Companies13
- 7D2.2%
- 3M9.7%
- 1Y11.9%
- YTDn/a
Over the last 7 days, the Tires and Rubber industry has risen 1.8%, driven by gains from Sichuan Chuanhuan TechnologyLtd of 12%. This takes the industry's 12 month performance to a gain of 11%. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the Chinese Tires and Rubber Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Mar 2025 | CN¥186.9b | CN¥125.8b | CN¥13.0b | 16.2x | 14.4x | 1.5x |
| Mon, 10 Feb 2025 | CN¥174.7b | CN¥125.8b | CN¥13.0b | 14.2x | 13.5x | 1.4x |
| Wed, 08 Jan 2025 | CN¥165.6b | CN¥125.8b | CN¥13.0b | 12.5x | 12.8x | 1.3x |
| Fri, 06 Dec 2024 | CN¥169.2b | CN¥125.8b | CN¥13.0b | 13.6x | 13.1x | 1.3x |
| Sun, 03 Nov 2024 | CN¥170.3b | CN¥125.8b | CN¥13.0b | 13.3x | 13.1x | 1.4x |
| Tue, 01 Oct 2024 | CN¥179.0b | CN¥123.4b | CN¥12.7b | 16.1x | 14.1x | 1.5x |
| Thu, 29 Aug 2024 | CN¥142.8b | CN¥122.2b | CN¥12.4b | 13.8x | 11.5x | 1.2x |
| Sat, 27 Jul 2024 | CN¥147.5b | CN¥119.4b | CN¥11.7b | 14.5x | 12.6x | 1.2x |
| Mon, 24 Jun 2024 | CN¥164.7b | CN¥119.4b | CN¥11.7b | 16.6x | 14x | 1.4x |
| Wed, 22 May 2024 | CN¥181.2b | CN¥119.4b | CN¥11.7b | 18.1x | 15.4x | 1.5x |
| Fri, 19 Apr 2024 | CN¥185.1b | CN¥111.3b | CN¥9.2b | 22.6x | 20.1x | 1.7x |
| Sun, 17 Mar 2024 | CN¥164.8b | CN¥291.8b | CN¥21.2b | 18.1x | 7.8x | 0.6x |
| Tue, 13 Feb 2024 | CN¥151.3b | CN¥108.3b | CN¥8.1b | 19.9x | 18.6x | 1.4x |
| Thu, 11 Jan 2024 | CN¥145.6b | CN¥108.5b | CN¥8.2b | 20.2x | 17.8x | 1.3x |
| Sat, 09 Dec 2023 | CN¥144.5b | CN¥108.5b | CN¥8.2b | 21.2x | 17.7x | 1.3x |
| Mon, 06 Nov 2023 | CN¥151.0b | CN¥108.5b | CN¥8.2b | 21.7x | 18.5x | 1.4x |
| Wed, 04 Oct 2023 | CN¥153.4b | CN¥103.5b | CN¥6.2b | 25.1x | 24.6x | 1.5x |
| Fri, 01 Sep 2023 | CN¥157.8b | CN¥103.5b | CN¥6.2b | 25.3x | 25.3x | 1.5x |
| Sun, 30 Jul 2023 | CN¥158.5b | CN¥99.3b | CN¥5.0b | 28x | 31.5x | 1.6x |
| Tue, 27 Jun 2023 | CN¥146.5b | CN¥99.3b | CN¥5.0b | 26.5x | 29.1x | 1.5x |
| Thu, 25 May 2023 | CN¥141.6b | CN¥99.3b | CN¥5.0b | 25.6x | 28.2x | 1.4x |
| Sat, 22 Apr 2023 | CN¥137.3b | CN¥95.1b | CN¥3.7b | 27x | 37.4x | 1.4x |
| Mon, 20 Mar 2023 | CN¥139.8b | CN¥95.1b | CN¥3.6b | 29.9x | 38.4x | 1.5x |
| Wed, 15 Feb 2023 | CN¥149.0b | CN¥94.8b | CN¥3.7b | 32.5x | 40.4x | 1.6x |
| Fri, 13 Jan 2023 | CN¥140.0b | CN¥94.8b | CN¥3.7b | 28.7x | 38x | 1.5x |
| Sun, 11 Dec 2022 | CN¥139.4b | CN¥94.8b | CN¥3.7b | 28.6x | 37.9x | 1.5x |
| Tue, 08 Nov 2022 | CN¥135.9b | CN¥94.8b | CN¥3.7b | 35.4x | 36.9x | 1.4x |
| Thu, 06 Oct 2022 | CN¥130.1b | CN¥90.6b | CN¥3.4b | 28.8x | 38.2x | 1.4x |
| Sat, 03 Sep 2022 | CN¥149.8b | CN¥90.6b | CN¥3.4b | 31.6x | 44x | 1.7x |
| Mon, 01 Aug 2022 | CN¥172.9b | CN¥89.9b | CN¥3.5b | 43.8x | 49.6x | 1.9x |
| Wed, 29 Jun 2022 | CN¥163.4b | CN¥89.9b | CN¥3.5b | 36.4x | 46.8x | 1.8x |
| Fri, 27 May 2022 | CN¥131.4b | CN¥89.9b | CN¥3.5b | 26.7x | 37.7x | 1.5x |
| Sun, 24 Apr 2022 | CN¥121.8b | CN¥92.1b | CN¥5.9b | 23.2x | 20.8x | 1.3x |
| Tue, 22 Mar 2022 | CN¥140.8b | CN¥91.6b | CN¥5.7b | 26.4x | 24.6x | 1.5x |
Price to Earnings Ratio
24.6x
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 14.3x which is lower than its 3-year average PE of 25.7x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have grown 31% per year over the last three years.
- Revenues for these companies have grown 11% 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 | 1.50% | |
| Consumer Discretionary | 1.42% | |
| Auto Components | 0.19% | |
| Tires and Rubber | 2.22% | |
| Auto Parts and Equipment | -0.0068% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 002984 Qingdao Sentury Tire | CN¥24.87 | 3.5% +CN¥859.4m | 11.6% | PE12.3x | |
| 000887 Anhui Zhongding Sealing Parts | CN¥22.30 | 2.9% +CN¥816.2m | 97.5% | PE22.5x | |
| 300547 Sichuan Chuanhuan TechnologyLtd | CN¥40.19 | 8.8% +CN¥700.6m | 111.5% | PE43.3x | |
| 601966 Shandong Linglong TyreLtd | CN¥18.14 | 2.4% +CN¥629.3m | -17.1% | PE12.4x | |
| 000589 Guizhou TyreLtd | CN¥5.02 | 3.9% +CN¥294.5m | -12.7% | PE10.2x |
