company background image
601163 logo

Triangle TyreLtd SHSE:601163 Stock Report

Last Price

CN¥16.07

Market Cap

CN¥13.0b

7D

-2.4%

1Y

3.1%

Updated

03 Jun, 2024

Data

Company Financials +

Triangle Tyre Co.,Ltd

SHSE:601163 Stock Report

Market Cap: CN¥13.0b

601163 Stock Overview

Engages in the research and development, design, manufacture, and marketing of tire products in China.

601163 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

Triangle Tyre Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Triangle TyreLtd
Historical stock prices
Current Share PriceCN¥16.07
52 Week HighCN¥19.46
52 Week LowCN¥12.24
Beta0.51
1 Month Change-6.52%
3 Month Change-0.86%
1 Year Change3.15%
3 Year Change5.17%
5 Year Change33.03%
Change since IPO-49.43%

Recent News & Updates

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

Recent updates

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

Shareholder Returns

601163CN Auto ComponentsCN Market
7D-2.4%1.3%-0.4%
1Y3.1%0.07%-12.6%

Return vs Industry: 601163 exceeded the CN Auto Components industry which returned 0.1% over the past year.

Return vs Market: 601163 exceeded the CN Market which returned -12.6% over the past year.

Price Volatility

Is 601163's price volatile compared to industry and market?
601163 volatility
601163 Average Weekly Movement4.1%
Auto Components Industry Average Movement6.9%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 601163 has not had significant price volatility in the past 3 months.

Volatility Over Time: 601163's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19765,723Xiaobin Linwww.triangle.com.cn

Triangle Tyre Co.,Ltd engages in the research and development, design, manufacture, and marketing of tire products in China. The company’s products include passenger tires, truck and bus tires, off-the-road tires, commercial vehicle tires, and radial tires, as well as specialty tires. It provides its products through branches, as well as dealers and online in North America, the Americas, Europe, Russia, Australia, the Middle East, Africa, and Southeast Asia.

Triangle Tyre Co.,Ltd Fundamentals Summary

How do Triangle TyreLtd's earnings and revenue compare to its market cap?
601163 fundamental statistics
Market capCN¥12.99b
Earnings (TTM)CN¥1.46b
Revenue (TTM)CN¥10.35b

8.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601163 income statement (TTM)
RevenueCN¥10.35b
Cost of RevenueCN¥8.10b
Gross ProfitCN¥2.25b
Other ExpensesCN¥794.05m
EarningsCN¥1.46b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.82
Gross Margin21.77%
Net Profit Margin14.09%
Debt/Equity Ratio6.4%

How did 601163 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

37%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.