Triangle Tyre Co.,Ltd

SHSE:601163 Stock Report

Market Cap: CN¥12.1b

Triangle TyreLtd Past Earnings Performance

Past criteria checks 2/6

Triangle TyreLtd has been growing earnings at an average annual rate of 9.7%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 5.9% per year. Triangle TyreLtd's return on equity is 9.2%, and it has net margins of 12%.

Key information

9.7%

Earnings growth rate

9.9%

EPS growth rate

Auto Components Industry Growth3.8%
Revenue growth rate5.9%
Return on equity9.2%
Net Margin12.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Triangle TyreLtd (SHSE:601163) Hasn't Managed To Accelerate Its Returns

Dec 03
Triangle TyreLtd (SHSE:601163) Hasn't Managed To Accelerate Its Returns

Do Triangle TyreLtd's (SHSE:601163) Earnings Warrant Your Attention?

Oct 10
Do Triangle TyreLtd's (SHSE:601163) Earnings Warrant Your Attention?

There's No Escaping Triangle Tyre Co.,Ltd's (SHSE:601163) Muted Earnings

Aug 22
There's No Escaping Triangle Tyre Co.,Ltd's (SHSE:601163) Muted Earnings

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

Jul 22
Returns At Triangle TyreLtd (SHSE:601163) Are On The Way Up

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

Jul 03
Is Triangle TyreLtd (SHSE:601163) A Risky Investment?

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

May 25
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

May 09
Benign Growth For Triangle Tyre Co.,Ltd (SHSE:601163) Underpins Its Share Price

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

Mar 26
Triangle TyreLtd's (SHSE:601163) Returns On Capital Are Heading Higher

Revenue & Expenses Breakdown

How Triangle TyreLtd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:601163 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2410,1641,222661149
30 Jun 2410,2301,400662145
31 Mar 2410,3501,459660144
31 Dec 2310,4221,396663140
30 Sep 2310,2851,325627142
30 Jun 2310,1381,128623138
31 Mar 239,827911618136
31 Dec 229,220738584135
30 Sep 229,108585604126
30 Jun 228,692470598128
31 Mar 228,53446559133
31 Dec 218,954600617125
30 Sep 218,976728544198
30 Jun 219,213951587275
31 Mar 218,9961,093595445
31 Dec 208,5351,060595440
30 Sep 208,2491,047722364
30 Jun 207,919927693297
31 Mar 207,869855699225
31 Dec 197,941847729158
30 Sep 197,877771781161
30 Jun 197,714658814163
31 Mar 197,588536854159
31 Dec 187,511483864150
30 Sep 187,423444840141
30 Jun 187,518413750185
31 Mar 187,567426740150
31 Dec 177,921483735116
30 Sep 177,79362666495
30 Jun 177,4687097520
31 Mar 177,2858217360
31 Dec 166,7108257340
30 Sep 166,6598047260
30 Jun 166,6918137000
31 Mar 166,8617766810
31 Dec 157,1878066620
30 Sep 157,7867987250
30 Jun 158,4198747260
31 Mar 159,0549467380
31 Dec 149,1651,0137360
30 Sep 149,5411,0576890
30 Jun 149,7621,0127260
31 Mar 149,9491,0397340
31 Dec 1310,0639047430

Quality Earnings: 601163 has high quality earnings.

Growing Profit Margin: 601163's current net profit margins (12%) are lower than last year (12.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 601163's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: 601163's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 601163 had negative earnings growth (-7.7%) over the past year, making it difficult to compare to the Auto Components industry average (10.5%).

Return on Equity

High ROE: 601163's Return on Equity (9.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 09:15
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Triangle Tyre Co.,Ltd is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhe WangCitic Securities Co., Ltd.
Zhiyang ZhangIndustrial Securities Co. Ltd.