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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 margin | 23.74% |
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Net profit margin | 9.93% |
Operating margin | 11.48% |
Return on assets | 4.88% |
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Return on equity | 10.14% |
Return on investment | 8.33% |
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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 | -- |
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Price/Cash flow per share | -- |
Book value per share | 14.84 |
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Tangible book value per share | 14.14 |
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Balance sheet in CNYView more
Current ratio | 0.8358 |
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Quick ratio | 0.543 |
Total debt/total equity | 0.7298 |
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Total debt/total capital | 0.4218 |
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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% |
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Div growth rate (5 year) | -0.91% |
Payout ratio (TTM) | 19.53% |
EPS growth(5 years) | -0.549 |
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EPS (TTM) vs TTM 1 year ago | 108.15 |
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