Qingdao Sentury Tire Co., Ltd.

SZSE:002984 Stock Report

Market Cap: CN¥25.3b

Qingdao Sentury Tire Past Earnings Performance

Past criteria checks 4/6

Qingdao Sentury Tire has been growing earnings at an average annual rate of 17.9%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 15% per year. Qingdao Sentury Tire's return on equity is 16.4%, and it has net margins of 24.9%.

Key information

17.9%

Earnings growth rate

14.9%

EPS growth rate

Auto Components Industry Growth3.8%
Revenue growth rate15.0%
Return on equity16.4%
Net Margin24.9%
Last Earnings Update30 Sep 2024

Recent past performance 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

Revenue & Expenses Breakdown

How Qingdao Sentury Tire makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002984 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 248,4402,101360197
30 Jun 248,4151,840367202
31 Mar 248,2991,622368188
31 Dec 237,8421,369352165
30 Sep 237,2841,132373131
30 Jun 236,670929322118
31 Mar 236,502818343116
01 Jan 236,292801320113
30 Sep 226,062842209118
30 Jun 225,806834240112
31 Mar 225,430759228109
01 Jan 225,177753245109
30 Sep 215,028837221127
30 Jun 215,092993249117
31 Mar 214,740984293101
31 Dec 204,70598129589
30 Sep 204,73692940862
30 Jun 204,48178939360
31 Mar 204,61879637462
31 Dec 194,57974141865
31 Dec 184,17648938158
31 Dec 173,61737933364
31 Dec 162,4272942990
31 Dec 152,0241403010

Quality Earnings: 002984 has a high level of non-cash earnings.

Growing Profit Margin: 002984's current net profit margins (24.9%) are higher than last year (15.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002984's earnings have grown by 17.9% per year over the past 5 years.

Accelerating Growth: 002984's earnings growth over the past year (85.5%) exceeds its 5-year average (17.9% per year).

Earnings vs Industry: 002984 earnings growth over the past year (85.5%) exceeded the Auto Components industry 10.5%.


Return on Equity

High ROE: 002984's Return on Equity (16.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

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

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

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