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Shandong Linglong TyreLtd SHSE:601966 Stock Report

Last Price

CN¥23.75

Market Cap

CN¥34.8b

7D

5.0%

1Y

12.3%

Updated

24 Apr, 2024

Data

Company Financials +

Shandong Linglong Tyre Co.,Ltd.

SHSE:601966 Stock Report

Market Cap: CN¥34.8b

601966 Stock Overview

Shandong Linglong Tyre Co., Ltd. designs, manufactures, develops, and sells tires in the People’s Republic of China.

601966 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health4/6
Dividends0/6

Shandong Linglong Tyre Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shandong Linglong TyreLtd
Historical stock prices
Current Share PriceCN¥23.75
52 Week HighCN¥24.75
52 Week LowCN¥17.50
Beta0.82
1 Month Change14.68%
3 Month Change14.96%
1 Year Change12.29%
3 Year Change-57.82%
5 Year Change38.24%
Change since IPO27.07%

Recent News & Updates

At CN¥20.65, Is It Time To Put Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) On Your Watch List?

Mar 27
At CN¥20.65, Is It Time To Put Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) On Your Watch List?

Shandong Linglong TyreLtd (SHSE:601966) Takes On Some Risk With Its Use Of Debt

Feb 27
Shandong Linglong TyreLtd (SHSE:601966) Takes On Some Risk With Its Use Of Debt

Recent updates

At CN¥20.65, Is It Time To Put Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) On Your Watch List?

Mar 27
At CN¥20.65, Is It Time To Put Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) On Your Watch List?

Shandong Linglong TyreLtd (SHSE:601966) Takes On Some Risk With Its Use Of Debt

Feb 27
Shandong Linglong TyreLtd (SHSE:601966) Takes On Some Risk With Its Use Of Debt

Shareholder Returns

601966CN Auto ComponentsCN Market
7D5.0%4.6%1.6%
1Y12.3%6.3%-15.1%

Return vs Industry: 601966 exceeded the CN Auto Components industry which returned 6.3% over the past year.

Return vs Market: 601966 exceeded the CN Market which returned -15.1% over the past year.

Price Volatility

Is 601966's price volatile compared to industry and market?
601966 volatility
601966 Average Weekly Movement5.0%
Auto Components Industry Average Movement9.4%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 601966 has not had significant price volatility in the past 3 months.

Volatility Over Time: 601966's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197518,534Feng Wangwww.linglong.cn

Shandong Linglong Tyre Co., Ltd. designs, manufactures, develops, and sells tires in the People’s Republic of China. It offers passenger light truck radial, bus radial, and off-highway tires. The company serves passenger cars, commercial, and construction machinery vehicles.

Shandong Linglong Tyre Co.,Ltd. Fundamentals Summary

How do Shandong Linglong TyreLtd's earnings and revenue compare to its market cap?
601966 fundamental statistics
Market capCN¥34.79b
Earnings (TTM)CN¥1.39b
Revenue (TTM)CN¥20.17b

25.1x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601966 income statement (TTM)
RevenueCN¥20.17b
Cost of RevenueCN¥18.63b
Gross ProfitCN¥1.54b
Other ExpensesCN¥151.00m
EarningsCN¥1.39b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)0.95
Gross Margin7.62%
Net Profit Margin6.87%
Debt/Equity Ratio57.4%

How did 601966 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

9%

Payout Ratio
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