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Guizhou TyreLtd SZSE:000589 Stock Report

Last Price

CN¥5.18

Market Cap

CN¥7.9b

7D

-3.5%

1Y

-6.2%

Updated

26 Jun, 2024

Data

Company Financials +

Guizhou Tyre Co.,Ltd.

SZSE:000589 Stock Report

Market Cap: CN¥7.9b

Guizhou Tyre Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Guizhou TyreLtd
Historical stock prices
Current Share PriceCN¥5.18
52 Week HighCN¥7.60
52 Week LowCN¥4.56
Beta0.57
11 Month Change-14.80%
3 Month Change-7.00%
1 Year Change-6.16%
33 Year Change10.41%
5 Year Change40.95%
Change since IPO37.83%

Recent News & Updates

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

Recent updates

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

589CN Auto ComponentsCN Market
7D-3.5%-5.8%-4.7%
1Y-6.2%-13.6%-17.5%

Return vs Industry: 000589 exceeded the CN Auto Components industry which returned -13.6% over the past year.

Return vs Market: 000589 exceeded the CN Market which returned -17.5% over the past year.

Price Volatility

Is 589's price volatile compared to industry and market?
589 volatility
589 Average Weekly Movement5.7%
Auto Components Industry Average Movement7.1%
Market Average Movement6.8%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 000589's share price has been volatile over the past 3 months.

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?
589 fundamental statistics
Market capCN¥7.90b
Earnings (TTM)CN¥947.34m
Revenue (TTM)CN¥10.04b

8.5x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
589 income statement (TTM)
RevenueCN¥10.04b
Cost of RevenueCN¥7.87b
Gross ProfitCN¥2.17b
Other ExpensesCN¥1.22b
EarningsCN¥947.34m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin21.62%
Net Profit Margin9.43%
Debt/Equity Ratio64.5%

How did 589 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

24%

Payout Ratio
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