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Shandong Linglong TyreLtd SHSE:601966 Stock Report

Last Price

CN¥16.80

Market Cap

CN¥24.6b

7D

8.4%

1Y

-22.2%

Updated

30 Aug, 2024

Data

Company Financials +

Shandong Linglong Tyre Co.,Ltd.

SHSE:601966 Stock Report

Market Cap: CN¥24.6b

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¥16.80
52 Week HighCN¥24.75
52 Week LowCN¥15.25
Beta0.83
11 Month Change-0.65%
3 Month Change-19.00%
1 Year Change-22.19%
33 Year Change-47.14%
5 Year Change-18.25%
Change since IPO-10.11%

Recent News & Updates

Recent updates

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

Shareholder Returns

601966CN Auto ComponentsCN Market
7D8.4%4.2%1.5%
1Y-22.2%-20.7%-18.8%

Return vs Industry: 601966 matched the CN Auto Components industry which returned -21.7% over the past year.

Return vs Market: 601966 underperformed the CN Market which returned -13.4% over the past year.

Price Volatility

Is 601966's price volatile compared to industry and market?
601966 volatility
601966 Average Weekly Movement4.3%
Auto Components Industry Average Movement5.9%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.8%

Stable Share Price: 601966's share price has been volatile over the past 3 months.

Volatility Over Time: 601966's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197519,347Feng 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.

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¥24.59b
Earnings (TTM)CN¥1.76b
Revenue (TTM)CN¥21.31b

14.0x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601966 income statement (TTM)
RevenueCN¥21.31b
Cost of RevenueCN¥16.68b
Gross ProfitCN¥4.63b
Other ExpensesCN¥2.88b
EarningsCN¥1.76b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Sep 05, 2024

Earnings per share (EPS)1.20
Gross Margin21.73%
Net Profit Margin8.24%
Debt/Equity Ratio61.4%

How did 601966 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

40%

Payout Ratio