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Chinese (SSE) Tires and Rubber Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies13
  • 7D-2.0%
  • 3M23.7%
  • 1Y11.5%
  • YTDn/a

Over the last 7 days, the Tires and Rubber industry has dropped 1.6%, driven by a pullback from Sailun Group of 3.5%. Meanwhile, Giti Tire actually outperformed within the industry, gaining 20% in the last week. This takes the industry's 12 month performance to a gain of 9.9%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024CN¥172.9bCN¥125.8bCN¥13.0b13.8x13.3x1.4x
Sat, 19 Oct 2024CN¥166.3bCN¥123.4bCN¥12.7b15x13.1x1.3x
Mon, 16 Sep 2024CN¥148.7bCN¥123.4bCN¥12.7b13.3x11.7x1.2x
Wed, 14 Aug 2024CN¥145.4bCN¥119.4bCN¥11.7b14.3x12.4x1.2x
Fri, 12 Jul 2024CN¥163.1bCN¥119.4bCN¥11.7b16.1x13.9x1.4x
Sun, 09 Jun 2024CN¥166.6bCN¥119.4bCN¥11.7b16.9x14.2x1.4x
Tue, 07 May 2024CN¥172.1bCN¥109.1bCN¥10.3b18.8x16.8x1.6x
Thu, 04 Apr 2024CN¥169.7bCN¥292.1bCN¥21.4b18.9x7.9x0.6x
Sat, 02 Mar 2024CN¥162.6bCN¥108.8bCN¥8.4b20.9x19.5x1.5x
Mon, 29 Jan 2024CN¥146.3bCN¥108.5bCN¥8.2b20.4x17.9x1.3x
Wed, 27 Dec 2023CN¥144.7bCN¥108.5bCN¥8.2b20.5x17.7x1.3x
Fri, 24 Nov 2023CN¥154.0bCN¥108.5bCN¥8.2b22.7x18.8x1.4x
Sun, 22 Oct 2023CN¥148.9bCN¥103.6bCN¥6.3b23.6x23.8x1.4x
Tue, 19 Sep 2023CN¥155.1bCN¥103.5bCN¥6.2b25.3x24.8x1.5x
Thu, 17 Aug 2023CN¥152.4bCN¥99.3bCN¥5.0b25.7x30.3x1.5x
Sat, 15 Jul 2023CN¥155.4bCN¥99.3bCN¥5.0b28x30.9x1.6x
Mon, 12 Jun 2023CN¥144.6bCN¥99.3bCN¥5.0b26.4x28.8x1.5x
Wed, 10 May 2023CN¥136.6bCN¥98.4bCN¥5.0b24.2x27.3x1.4x
Fri, 07 Apr 2023CN¥139.6bCN¥95.1bCN¥3.6b29.1x38.3x1.5x
Sun, 05 Mar 2023CN¥150.2bCN¥95.1bCN¥3.6b32.6x41.3x1.6x
Tue, 31 Jan 2023CN¥145.4bCN¥94.8bCN¥3.7b31.1x39.5x1.5x
Thu, 29 Dec 2022CN¥134.1bCN¥94.8bCN¥3.7b25.7x36.4x1.4x
Sat, 26 Nov 2022CN¥132.7bCN¥94.8bCN¥3.7b29.8x36x1.4x
Mon, 24 Oct 2022CN¥121.8bCN¥90.6bCN¥3.4b29.1x35.7x1.3x
Wed, 21 Sep 2022CN¥142.1bCN¥90.6bCN¥3.4b31.3x41.7x1.6x
Fri, 19 Aug 2022CN¥166.0bCN¥89.9bCN¥3.5b43.5x47.6x1.8x
Sun, 17 Jul 2022CN¥162.6bCN¥89.9bCN¥3.5b40.1x46.6x1.8x
Tue, 14 Jun 2022CN¥145.2bCN¥89.9bCN¥3.5b32.4x41.6x1.6x
Thu, 12 May 2022CN¥124.6bCN¥89.9bCN¥3.5b24.7x35.7x1.4x
Sat, 09 Apr 2022CN¥131.9bCN¥92.1bCN¥5.9b25.5x22.5x1.4x
Mon, 07 Mar 2022CN¥148.2bCN¥91.6bCN¥5.7b25.7x25.9x1.6x
Wed, 02 Feb 2022CN¥160.2bCN¥91.5bCN¥5.8b26.6x27.6x1.8x
Fri, 31 Dec 2021CN¥183.6bCN¥91.4bCN¥6.4b31.5x28.6x2x
Sun, 28 Nov 2021CN¥177.3bCN¥91.4bCN¥6.4b28.3x27.6x1.9x
Price to Earnings Ratio

27.6x


Total Market Cap: CN¥177.3bTotal Earnings: CN¥6.4bTotal Revenue: CN¥91.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Tires and Rubber Industry Price to Earnings3Y Average 27.2x202220232024
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 13.4x which is lower than its 3-year average PE of 27.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Tires and Rubber industry have grown 26% 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-3.39%
Consumer Discretionary-2.72%
Auto Components-2.05%
Tires and Rubber-1.98%
Auto Parts and Equipment-2.06%
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
600182 Giti TireCN¥18.2827.7%
+CN¥1.3b		19.2%PE29.8x
601163 Triangle TyreLtdCN¥15.332.5%
+CN¥304.0m		1.0%PE10x
000589 Guizhou TyreLtdCN¥5.041.8%
+CN¥139.5m		-22.5%PE10.2x
601500 Jiangsu General Science TechnologyCN¥5.151.6%
+CN¥127.2m		25.9%PE18.7x
600469 Aeolus TyreCN¥6.652.5%
+CN¥116.7m		9.0%PE14.1x
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