Equities

Shandong Linglong Tyre Co Ltd

601966:SHH

Shandong Linglong Tyre Co Ltd

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Consumer DiscretionaryAutomobiles and Parts
  • Price (CNY)16.18
  • Today's Change-3.52 / -17.87%
  • Shares traded10.51m
  • 1 Year change-19.50%
  • Beta1.4151
Data delayed at least 15 minutes, as of Sep 13 2024 08:00 BST.
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Inc stmt in CNYIncome statement in CNYView more

Year on year Shandong Linglong Tyre Co Ltd grew revenues 18.58% from 17.01bn to 20.17bn while net income improved 376.88% from 291.62m to 1.39bn.
Gross margin23.74%
Net profit margin9.93%
Operating margin11.48%
Return on assets4.88%
Return on equity10.14%
Return on investment8.33%
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Cash flow in CNYView more

In 2023, Shandong Linglong Tyre Co Ltd increased its cash reserves by 30.68%, or 705.72m. Cash Flow from Financing totalled 2.46bn or 12.22% of revenues. In addition the company generated 1.20bn in cash from operations while cash used for investing totalled 3.13bn.
Cash flow per share--
Price/Cash flow per share--
Book value per share14.84
Tangible book value per share14.14
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Balance sheet in CNYView more

Shandong Linglong Tyre Co Ltd has a Debt to Total Capital ratio of 42.18%, a higher figure than the previous year's 12.04%.
Current ratio0.8358
Quick ratio0.543
Total debt/total equity0.7298
Total debt/total capital0.4218
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Growth rates in CNY

Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 376.67% and 376.90%, 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, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.
Div yield(5 year avg)1.06%
Div growth rate (5 year)-0.91%
Payout ratio (TTM)19.53%
EPS growth(5 years)-0.549
EPS (TTM) vs
TTM 1 year ago
108.15
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