Triangle TyreLtd Future Growth

Future criteria checks 1/6

Triangle TyreLtd is forecast to grow earnings and revenue by 8% and 3% per annum respectively. EPS is expected to grow by 7.9% per annum. Return on equity is forecast to be 10.4% in 3 years.

Key information

8.0%

Earnings growth rate

7.9%

EPS growth rate

Auto Components earnings growth	22.8%
Revenue growth rate	3.0%
Future return on equity	10.4%
Analyst coverage	Low
Last updated	05 May 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

SHSE:601163 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	11,171	1,789	N/A	1,866	2
12/31/2025	10,962	1,583	N/A	1,869	2
12/31/2024	10,448	1,439	N/A	1,478	2
3/31/2024	10,350	1,459	1,565	1,724	N/A
12/31/2023	10,422	1,396	1,691	1,798	N/A
9/30/2023	10,285	1,325	1,793	1,890	N/A
6/30/2023	10,138	1,128	1,864	1,945	N/A
3/31/2023	9,827	911	1,378	1,458	N/A
12/31/2022	9,220	738	1,408	1,487	N/A
9/30/2022	9,108	585	1,296	1,376	N/A
6/30/2022	8,692	470	956	1,036	N/A
3/31/2022	8,534	465	415	528	N/A
12/31/2021	8,954	600	362	472	N/A
9/30/2021	8,976	728	374	474	N/A
6/30/2021	9,213	951	746	821	N/A
3/31/2021	8,996	1,093	1,056	1,116	N/A
12/31/2020	8,535	1,060	1,284	1,346	N/A
9/30/2020	8,249	1,047	1,250	1,369	N/A
6/30/2020	7,919	927	1,285	1,412	N/A
3/31/2020	7,869	855	1,462	1,565	N/A
12/31/2019	7,941	847	1,220	1,377	N/A
9/30/2019	7,877	771	680	996	N/A
6/30/2019	7,714	658	-107	876	N/A
3/31/2019	7,588	536	-799	463	N/A
12/31/2018	7,511	483	-871	398	N/A
9/30/2018	7,423	444	-769	390	N/A
6/30/2018	7,518	413	101	624	N/A
3/31/2018	7,567	426	800	1,114	N/A
12/31/2017	7,921	483	N/A	579	N/A
9/30/2017	7,793	626	N/A	24	N/A
6/30/2017	7,468	709	N/A	-339	N/A
3/31/2017	7,285	821	N/A	-450	N/A
12/31/2016	6,710	825	N/A	350	N/A
9/30/2016	6,659	804	N/A	1,080	N/A
6/30/2016	6,691	813	N/A	1,125	N/A
3/31/2016	6,861	776	N/A	966	N/A
12/31/2015	7,187	806	N/A	814	N/A
9/30/2015	7,786	798	N/A	933	N/A
6/30/2015	8,419	874	N/A	957	N/A
3/31/2015	9,054	946	N/A	1,207	N/A
12/31/2014	9,165	1,013	N/A	1,422	N/A
9/30/2014	9,541	1,057	N/A	1,505	N/A
6/30/2014	9,762	1,012	N/A	1,712	N/A
3/31/2014	9,949	1,039	N/A	1,569	N/A
12/31/2013	10,063	904	N/A	1,551	N/A
9/30/2013	9,703	789	N/A	1,314	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601163's forecast earnings growth (8% per year) is above the savings rate (2.9%).

Earnings vs Market: 601163's earnings (8% per year) are forecast to grow slower than the CN market (22.1% per year).

High Growth Earnings: 601163's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601163's revenue (3% per year) is forecast to grow slower than the CN market (13.6% per year).

High Growth Revenue: 601163's revenue (3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 601163's Return on Equity is forecast to be low in 3 years time (10.4%).

Triangle TyreLtd Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates decrease by 11%, EPS upgraded

Price target decreased by 10% to CN¥18.69

Price target decreased by 8.1% to CN¥19.11

Recent updates

Returns At Triangle TyreLtd (SHSE:601163) Are On The Way Up

Is Triangle TyreLtd (SHSE:601163) A Risky Investment?

Triangle Tyre Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024

Here's Why We Think Triangle TyreLtd (SHSE:601163) Is Well Worth Watching

Benign Growth For Triangle Tyre Co.,Ltd (SHSE:601163) Underpins Its Share Price

Consensus revenue estimates decrease by 11%, EPS upgraded

New major risk - Revenue and earnings growth

Triangle Tyre Co.,Ltd, Annual General Meeting, Jun 26, 2024

Triangle Tyre Co.,Ltd, Annual General Meeting, Jun 26, 2024

Triangle Tyre Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024

Triangle TyreLtd's (SHSE:601163) Returns On Capital Are Heading Higher

Investor sentiment improves as stock rises 20%

Triangle Tyre Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024

Price target decreased by 10% to CN¥18.69

Third quarter 2023 earnings released: EPS: CN¥0.56 (vs CN¥0.32 in 3Q 2022)

Triangle Tyre Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023

Second quarter 2023 earnings released: EPS: CN¥0.47 (vs CN¥0.20 in 2Q 2022)

Triangle Tyre Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023

Price target decreased by 8.1% to CN¥19.11

Investor sentiment improves as stock rises 16%

First quarter 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.07 in 1Q 2022)

Now 20% undervalued after recent price drop

Now 20% undervalued

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.18 in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 2Q 2021)

First quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.24 in 1Q 2021)

Insufficient new directors

Third quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.45 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.37 in 2Q 2020)

Full year 2020 earnings released: EPS CN¥1.32 (vs CN¥1.06 in FY 2019)

New 90-day high: CN¥19.28

Investor sentiment improved over the past week

New 90-day high: CN¥18.80

Third quarter earnings released

New 90-day high: CN¥15.82

Triangle Tyre Co., Ltd to Report Q3, 2020 Results on Oct 27, 2020

New 90-day high - CN¥15.76

First half earnings released

Triangle Tyre Co., Ltd to Report First Half, 2020 Results on Aug 27, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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