Shandong Linglong Tyre Co.,Ltd.

SHSE:601966 Stock Report

Market Cap: CN¥27.5b

Shandong Linglong TyreLtd Future Growth

Future criteria checks 2/6

Shandong Linglong TyreLtd is forecast to grow earnings and revenue by 17.8% and 16.3% per annum respectively. EPS is expected to grow by 17.2% per annum. Return on equity is forecast to be 11.5% in 3 years.

Key information

17.8%

Earnings growth rate

17.2%

EPS growth rate

Auto Components earnings growth25.1%
Revenue growth rate16.3%
Future return on equity11.5%
Analyst coverage

Good

Last updated13 Nov 2024

Recent future growth updates

Shandong Linglong Tyre Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Apr 27
Shandong Linglong Tyre Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Recent updates

We Think Shandong Linglong TyreLtd (SHSE:601966) Can Stay On Top Of Its Debt

Dec 19
We Think Shandong Linglong TyreLtd (SHSE:601966) Can Stay On Top Of Its Debt

The Market Doesn't Like What It Sees From Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) Earnings Yet

Nov 18
The Market Doesn't Like What It Sees From Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) Earnings Yet

Is There Now An Opportunity In Shandong Linglong Tyre Co.,Ltd. (SHSE:601966)?

Oct 02
Is There Now An Opportunity In Shandong Linglong Tyre Co.,Ltd. (SHSE:601966)?

Is Shandong Linglong TyreLtd (SHSE:601966) A Risky Investment?

Sep 17
Is Shandong Linglong TyreLtd (SHSE:601966) A Risky Investment?

Shandong Linglong TyreLtd's (SHSE:601966) Returns Have Hit A Wall

Aug 28
Shandong Linglong TyreLtd's (SHSE:601966) Returns Have Hit A Wall

Not Many Are Piling Into Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) Just Yet

Aug 13
Not Many Are Piling Into Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) Just Yet

What Is Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) Share Price Doing?

Jun 28
What Is Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) Share Price Doing?

We Think Shandong Linglong TyreLtd (SHSE:601966) Is Taking Some Risk With Its Debt

May 28
We Think Shandong Linglong TyreLtd (SHSE:601966) Is Taking Some Risk With Its Debt

Shandong Linglong TyreLtd (SHSE:601966) Could Be Struggling To Allocate Capital

May 13
Shandong Linglong TyreLtd (SHSE:601966) Could Be Struggling To Allocate Capital

Shandong Linglong Tyre Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Apr 27
Shandong Linglong Tyre Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

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

Earnings and Revenue Growth Forecasts

SHSE:601966 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202631,5293,1641904,8919
12/31/202528,0792,6912,1304,43910
12/31/202423,9052,2361163,7628
9/30/202421,5842,143-6162,289N/A
6/30/202421,3081,755-6342,169N/A
3/31/202420,8251,618-1,2471,685N/A
12/31/202320,1651,391-1,9261,199N/A
9/30/202318,7591,035-2,849-42N/A
6/30/202317,840742-3,272-370N/A
3/31/202317,040597-3,433-4N/A
12/31/202217,006292-3,376146N/A
9/30/202217,04176-2,8391,271N/A
6/30/202216,944126-3,598947N/A
3/31/202217,944202-3,775744N/A
12/31/202118,579789-4,399490N/A
9/30/202119,4511,551-2,7251,566N/A
6/30/202120,1782,098-1,0432,942N/A
3/31/202119,7882,343-273,326N/A
12/31/202018,3832,2201,8424,292N/A
9/30/202017,9022,0522223,433N/A
6/30/202017,0981,839442,998N/A
3/31/202016,7111,755-1152,648N/A
12/31/201917,1641,6681732,800N/A
9/30/201916,7661,512-4411,948N/A
6/30/201916,3691,3832512,624N/A
3/31/201915,8241,2423082,672N/A
12/31/201815,3021,181-6291,842N/A
9/30/201814,6471,2121,1993,159N/A
6/30/201814,4281,138N/A1,995N/A
3/31/201814,0561,017N/A1,642N/A
12/31/201713,9181,048N/A1,158N/A
9/30/201713,417954N/A255N/A
6/30/201712,509887N/A1,017N/A
3/31/201711,660992N/A1,540N/A
12/31/201610,5181,010N/A2,392N/A
9/30/20169,7311,245N/A1,224N/A
6/30/20169,2371,197N/A1,228N/A
3/31/20168,847932N/A1,272N/A
12/31/20158,734678N/A1,014N/A
12/31/201410,278834N/A769N/A
12/31/201311,548980N/A852N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601966's forecast earnings growth (17.8% per year) is above the savings rate (2.8%).

Earnings vs Market: 601966's earnings (17.8% per year) are forecast to grow slower than the CN market (25.7% per year).

High Growth Earnings: 601966's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601966's revenue (16.3% per year) is forecast to grow faster than the CN market (13.7% per year).

High Growth Revenue: 601966's revenue (16.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 601966's Return on Equity is forecast to be low in 3 years time (11.5%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 09:37
End of Day Share Price 2024/12/20 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

Shandong Linglong Tyre Co.,Ltd. is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siti Bte SalikinCFRA Equity Research
Ce ZhouChasing Securities
Kaiming FuChina International Capital Corporation Limited