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Guizhou TyreLtd SZSE:000589 Stock Report

Last Price

CN¥5.07

Market Cap

CN¥7.9b

7D

-1.0%

1Y

-12.9%

Updated

20 Dec, 2024

Data

Company Financials +

Guizhou Tyre Co.,Ltd.

SZSE:000589 Stock Report

Market Cap: CN¥7.9b

My Notes

Capture your thoughts, links and company narrative

Guizhou Tyre Co.,Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Guizhou TyreLtd
Historical stock prices
Current Share PriceCN¥5.07
52 Week HighCN¥6.98
52 Week LowCN¥4.17
Beta0.64
1 Month Change0.60%
3 Month Change17.09%
1 Year Change-12.89%
3 Year Change9.03%
5 Year Change26.75%
Change since IPO34.91%

Recent News & Updates

Why Guizhou TyreLtd's (SZSE:000589) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 05
Why Guizhou TyreLtd's (SZSE:000589) Shaky Earnings Are Just The Beginning Of Its Problems

Guizhou Tyre Co.,Ltd.'s (SZSE:000589) Prospects Need A Boost To Lift Shares

Oct 18
Guizhou Tyre Co.,Ltd.'s (SZSE:000589) Prospects Need A Boost To Lift Shares

Recent updates

Why Guizhou TyreLtd's (SZSE:000589) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 05
Why Guizhou TyreLtd's (SZSE:000589) Shaky Earnings Are Just The Beginning Of Its Problems

Guizhou Tyre Co.,Ltd.'s (SZSE:000589) Prospects Need A Boost To Lift Shares

Oct 18
Guizhou Tyre Co.,Ltd.'s (SZSE:000589) Prospects Need A Boost To Lift Shares

We Think Guizhou TyreLtd (SZSE:000589) Can Stay On Top Of Its Debt

Aug 22
We Think Guizhou TyreLtd (SZSE:000589) Can Stay On Top Of Its Debt

Guizhou TyreLtd (SZSE:000589) Is Experiencing Growth In Returns On Capital

Jul 22
Guizhou TyreLtd (SZSE:000589) Is Experiencing Growth In Returns On Capital

Guizhou Tyre Co.,Ltd.'s (SZSE:000589) Prospects Need A Boost To Lift Shares

Jun 25
Guizhou Tyre Co.,Ltd.'s (SZSE:000589) Prospects Need A Boost To Lift Shares

Guizhou TyreLtd's (SZSE:000589) Promising Earnings May Rest On Soft Foundations

Apr 23
Guizhou TyreLtd's (SZSE:000589) Promising Earnings May Rest On Soft Foundations

Shareholder Returns

000589CN Auto ComponentsCN Market
7D-1.0%-4.5%-3.5%
1Y-12.9%10.5%10.9%

Return vs Industry: 000589 underperformed the CN Auto Components industry which returned 10.5% over the past year.

Return vs Market: 000589 underperformed the CN Market which returned 10.9% over the past year.

Price Volatility

Is 000589's price volatile compared to industry and market?
000589 volatility
000589 Average Weekly Movement5.6%
Auto Components Industry Average Movement8.3%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 000589 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 000589's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19586,748Kun Wangwww.gztyre.com

Guizhou Tyre Co.,Ltd. engages in the research, development, production, and sale of tires in China. It offers tires for truck/passenger cars, OTRs, agriculture and forestry machineries, industrial vehicles, and mining machineries, as well as smart, solid, and special tires under the Advance, Samson, Tornado, Chinhoo, and Jingang brands.

Guizhou Tyre Co.,Ltd. Fundamentals Summary

How do Guizhou TyreLtd's earnings and revenue compare to its market cap?
000589 fundamental statistics
Market capCN¥7.86b
Earnings (TTM)CN¥765.09m
Revenue (TTM)CN¥10.41b

10.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
000589 income statement (TTM)
RevenueCN¥10.41b
Cost of RevenueCN¥8.46b
Gross ProfitCN¥1.95b
Other ExpensesCN¥1.18b
EarningsCN¥765.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.49
Gross Margin18.73%
Net Profit Margin7.35%
Debt/Equity Ratio52.6%

How did 000589 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

34%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 19:09
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

Guizhou Tyre Co.,Ltd. is covered by 7 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
Xing LIChangjiang Securities Co. LTD.
Ning LiChina Stock Investment Research Co. Ltd. (GZ500..com)
Lei ChengEverbright Securities Co. Ltd.