Qingdao Sentury Tire Co., Ltd.

XSEC:002984 Stock Report

Market Cap: CN¥28.5b

Qingdao Sentury Tire Past Earnings Performance

Past criteria checks 5/6

Qingdao Sentury Tire has been growing earnings at an average annual rate of 10.8%, while the Auto Components industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 18.2% per year. Qingdao Sentury Tire's return on equity is 13.2%, and it has net margins of 19.5%.

Key information

10.8%

Earnings growth rate

6.2%

EPS growth rate

Auto Components Industry Growth3.8%
Revenue growth rate18.2%
Return on equity13.2%
Net Margin19.5%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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


Earnings and Revenue History

XSEC:002984 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 248,2991,622368188
31 Dec 237,8421,369352165
30 Sep 237,2841,132373131
30 Jun 236,670929323118
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 high quality earnings.

Growing Profit Margin: 002984's current net profit margins (19.5%) are higher than last year (12.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002984's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: 002984's earnings growth over the past year (98.3%) exceeds its 5-year average (10.8% per year).

Earnings vs Industry: 002984 earnings growth over the past year (98.3%) exceeded the Auto Components industry 27.2%.


Return on Equity

High ROE: 002984's Return on Equity (13.2%) is considered low.


Return on Assets


Return on Capital Employed


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