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Qingdao Sentury Tire XSEC:002984 Stock Report

Last Price

CN¥24.59

Market Cap

CN¥25.3b

7D

-1.4%

1Y

21.6%

Updated

25 Dec, 2024

Data

Company Financials +

Qingdao Sentury Tire Co., Ltd.

XSEC:002984 Stock Report

Market Cap: CN¥25.3b

002984 Stock Overview

Develops, produces, and sells tires in China. More details

002984 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends2/6

Rewards

Price-To-Earnings ratio (12x) is below the CN market (36x)

Earnings are forecast to grow 15.62% per year

Earnings grew by 85.5% over the past year

Analysts in good agreement that stock price will rise by 43.1%

Risk Analysis

High level of non-cash earnings

Dividend of 1.71% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Qingdao Sentury Tire Co., Ltd. Competitors

Shandong Linglong TyreLtd

SHSE:601966

CN¥27.2b

Anhui Zhongding Sealing Parts

SZSE:000887

CN¥17.6b

Sailun Group

SHSE:601058

CN¥45.1b

Triangle TyreLtd

SHSE:601163

CN¥12.1b

Price History & Performance

Summary of share price highs, lows and changes for Qingdao Sentury Tire
Historical stock prices
Current Share PriceCN¥24.59
52 Week HighCN¥30.17
52 Week LowCN¥18.71
Beta0.83
1 Month Change-0.32%
3 Month Change-0.53%
1 Year Change21.65%
3 Year Change-2.64%
5 Year Changen/a
Change since IPO-3.73%

Recent News & Updates

Recent updates

Shareholder Returns

002984CN Auto ComponentsCN Market
7D-1.4%-0.3%0.4%
1Y21.6%11.0%12.3%

Return vs Industry: 002984 exceeded the CN Auto Components industry which returned 11% over the past year.

Return vs Market: 002984 exceeded the CN Market which returned 12.3% over the past year.

Price Volatility

Is 002984's price volatile compared to industry and market?
002984 volatility
002984 Average Weekly Movement5.0%
Auto Components Industry Average Movement8.5%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 002984 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002984's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20073,008Wenlong Linwww.senturytire.com.cn

Qingdao Sentury Tire Co., Ltd. develops, produces, and sells tires in China. It offers PCR, motorsports, and aircraft tires under the SENTURY, LANDSAIL, DELINTE, and GROUNDSPEED brand name. The company was incorporated in 2007 and is based in Jimo, China.

Qingdao Sentury Tire Co., Ltd. Fundamentals Summary

How do Qingdao Sentury Tire's earnings and revenue compare to its market cap?
002984 fundamental statistics
Market capCN¥25.31b
Earnings (TTM)CN¥2.10b
Revenue (TTM)CN¥8.44b

12.0x

P/E Ratio

3.0x

P/S Ratio

Is 002984 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002984 income statement (TTM)
RevenueCN¥8.44b
Cost of RevenueCN¥5.63b
Gross ProfitCN¥2.81b
Other ExpensesCN¥705.42m
EarningsCN¥2.10b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.04
Gross Margin33.25%
Net Profit Margin24.89%
Debt/Equity Ratio16.5%

How did 002984 perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

21%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 00:53
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