Qingdao Sentury Tire Co., Ltd.

SZSE:002984 Stock Report

Market Cap: CN¥25.3b

Qingdao Sentury Tire Future Growth

Future criteria checks 3/6

Qingdao Sentury Tire is forecast to grow earnings and revenue by 15.6% and 21.2% per annum respectively. EPS is expected to grow by 11.2% per annum. Return on equity is forecast to be 16.9% in 3 years.

Key information

15.6%

Earnings growth rate

11.2%

EPS growth rate

Auto Components earnings growth25.1%
Revenue growth rate21.2%
Future return on equity16.9%
Analyst coverage

Good

Last updated22 Nov 2024

Recent future growth updates

Recent updates

Qingdao Sentury Tire (SZSE:002984) Seems To Use Debt Quite Sensibly

Nov 20
Qingdao Sentury Tire (SZSE:002984) Seems To Use Debt Quite Sensibly

Return Trends At Qingdao Sentury Tire (SZSE:002984) Aren't Appealing

Nov 05
Return Trends At Qingdao Sentury Tire (SZSE:002984) Aren't Appealing

Lacklustre Performance Is Driving Qingdao Sentury Tire Co., Ltd.'s (SZSE:002984) Low P/E

Oct 09
Lacklustre Performance Is Driving Qingdao Sentury Tire Co., Ltd.'s (SZSE:002984) Low P/E

Does Qingdao Sentury Tire (SZSE:002984) Deserve A Spot On Your Watchlist?

Sep 23
Does Qingdao Sentury Tire (SZSE:002984) Deserve A Spot On Your Watchlist?

Is Qingdao Sentury Tire Co., Ltd. (SZSE:002984) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 23
Is Qingdao Sentury Tire Co., Ltd. (SZSE:002984) Expensive For A Reason? A Look At Its Intrinsic Value

Qingdao Sentury Tire (SZSE:002984) May Have Issues Allocating Its Capital

Aug 07
Qingdao Sentury Tire (SZSE:002984) May Have Issues Allocating Its Capital

With EPS Growth And More, Qingdao Sentury Tire (SZSE:002984) Makes An Interesting Case

Jun 19
With EPS Growth And More, Qingdao Sentury Tire (SZSE:002984) Makes An Interesting Case

Is Qingdao Sentury Tire (SZSE:002984) A Risky Investment?

May 28
Is Qingdao Sentury Tire (SZSE:002984) A Risky Investment?

Qingdao Sentury Tire Co., Ltd.'s (SZSE:002984) Price Is Right But Growth Is Lacking After Shares Rocket 26%

May 10
Qingdao Sentury Tire Co., Ltd.'s (SZSE:002984) Price Is Right But Growth Is Lacking After Shares Rocket 26%

The Returns On Capital At Qingdao Sentury Tire (SZSE:002984) Don't Inspire Confidence

May 06
The Returns On Capital At Qingdao Sentury Tire (SZSE:002984) Don't Inspire Confidence

Earnings and Revenue Growth Forecasts

SZSE:002984 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202613,7082,9931,2133,5557
12/31/202511,7392,5641,4983,0088
12/31/20249,4362,2313,5002,9958
9/30/20248,4402,101-1702,343N/A
6/30/20248,4151,8402112,337N/A
3/31/20248,2991,6229092,378N/A
12/31/20237,8421,3691,2252,367N/A
9/30/20237,2841,1328772,008N/A
6/30/20236,6709294761,559N/A
3/31/20236,5028181781,343N/A
1/1/20236,292801-241,028N/A
9/30/20226,062842-101,009N/A
6/30/20225,806834-166972N/A
3/31/20225,430759-496816N/A
1/1/20225,177753-636832N/A
9/30/20215,028837-686848N/A
6/30/20215,092993-3581,015N/A
3/31/20214,7409842331,341N/A
12/31/20204,7059817461,681N/A
9/30/20204,7369299331,538N/A
6/30/20204,4817899861,519N/A
3/31/20204,6187961,0741,626N/A
12/31/20194,5797411,1111,594N/A
12/31/20184,176489241578N/A
12/31/20173,617379N/A619N/A
12/31/20162,427294N/A474N/A
12/31/20152,024140N/A36N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002984's forecast earnings growth (15.6% per year) is above the savings rate (2.8%).

Earnings vs Market: 002984's earnings (15.6% per year) are forecast to grow slower than the CN market (25.5% per year).

High Growth Earnings: 002984's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002984's revenue (21.2% per year) is forecast to grow faster than the CN market (13.7% per year).

High Growth Revenue: 002984's revenue (21.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 002984's Return on Equity is forecast to be low in 3 years time (16.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 22:25
End of Day Share Price 2024/12/25 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

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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

Qingdao Sentury Tire Co., Ltd. is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wenpo RenChina Galaxy Securities Co., Ltd.
Qidi ZhaiChina Galaxy Securities Co., Ltd.
Kaiming FuChina International Capital Corporation Limited