Financials data is unavailable for this security.
View more
Year on year GITI Tire Corp grew revenues 18.74% from 3.51bn to 4.16bn while net income improved 431.61% from 34.42m to 183.00m.
| Gross margin | 19.22% |
|---|---|
| Net profit margin | 8.62% |
| Operating margin | 11.21% |
| Return on assets | 9.46% |
|---|---|
| Return on equity | 17.07% |
| Return on investment | 22.68% |
More ▼
Cash flow in CNYView more
In 2023, cash reserves at GITI Tire Corp fell by 39.15m. However, the company earned 383.29m from its operations for a Cash Flow Margin of 9.20%. In addition the company used 175.31m on investing activities and also paid 247.38m in financing cash flows.
| Cash flow per share | -- |
|---|---|
| Price/Cash flow per share | -- |
| Book value per share | 3.77 |
|---|---|
| Tangible book value per share | 3.70 |
More ▼
Balance sheet in CNYView more
| Current ratio | 1.91 |
|---|---|
| Quick ratio | 1.60 |
| Total debt/total equity | 1.06 |
|---|---|
| Total debt/total capital | 0.3783 |
More ▼
Growth rates in CNY
Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 671.43% and 431.63%, respectively. The positive trend in dividend payments is noteworthy since very few companies in the Tires industry pay a dividend. Additionally when measured on a five year annualized basis, dividend per share growth is above the industry average relative to its peers, while earnings per share growth is in-line with the industry average.
| Div yield(5 year avg) | 0.64% |
|---|---|
| Div growth rate (5 year) | 27.54% |
| Payout ratio (TTM) | 43.95% |
| EPS growth(5 years) | 15.55 |
|---|---|
| EPS (TTM) vs TTM 1 year ago | 42.47 |
More ▼
