YOLFTbeta
Triangle Tyre Co Ltd

Triangle Tyre Co Ltd

601163 · SHG · Consumer Cyclical / Auto Parts

11.13CNY-0.08 (-0.71%)

Price History

Full chart

Market Stats

Previous Close11.21
Open11.22
Day Range11.11 – 11.25
52-Week Range12.11 – 17.08
Volume2.55M
Market Cap9.79B
P/E (TTM)11.23
Forward P/E0.00
EPS1.09
Dividend Yield4.25%
Beta0.46
50-Day Avg12.72
200-Day Avg13.93

About

Triangle Tyre Co.,Ltd engages in the research and development, design, manufacture, and marketing of tire products in China and internationally. The company offers commercial vehicle tires, passenger car tires, engineering tires, giant tires, and special vehicle tires to the automobile manufacturers, construction machinery plants, end consumers, mines, engineering projects, and corporate clients. It also provides bridge carriers, as well as truck and bus, industrial, construction and gant mining, and radial tires. In addition, the company is involved in logistics and transportation; research and development; investment; and trading activities. It provides its products through branches and dealers, as well as online. The company was founded in 1976 and is based in Weihai, China. Triangle Tyre Co.,Ltd operates as a subsidiary of Triangle Group Co., Ltd.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Xiaobin Lin
  • Employees5.87K
  • HeadquartersNo. 56 Qingdao Middle Road, Weihai, China, 264200, China
  • Websitehttps://www.triangle.com.cn

Leadership

  • Mr. Xiaobin LinGM & Director · b. 1973
  • Ms. Dan Fang ZhongCFO, Deputy GM, Secretary & Director · b. 1970
  • Ms. Xiaolan BiDeputy General Manager · b. 1968
  • Mr. Jian WangDeputy General Manager · b. 1981
  • Mr. Pengcheng ZhouExecutive Deputy GM of Industrial Design & Global Quality Brand Construction Management Center · b. 1981
  • Li Bo ZhaoAccounting Supervisor

Financials

Income Statement

Currency: CNY2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue7.44B7.81B9.41B10.27B10.03B10.06B9.16B7.19B6.71B7.92B7.51B7.94B8.54B8.95B9.22B10.42B10.16B9.82B
Growth (%)-+4.95%+20.59%+9.11%-2.36%+0.35%-8.92%-21.58%-6.64%+18.05%-5.17%+5.72%+7.49%+4.91%+2.97%+13.03%-2.55%-3.30%
Cost of Revenue6.63B6.33B7.76B9.12B8.50B8.05B7.04B5.52B4.99B6.40B5.92B6.12B6.35B7.71B7.89B8.24B8.36B7.86B
Gross Profit805.87M1.47B1.66B1.15B1.53B2.01B2.12B1.67B1.72B1.52B1.59B1.82B2.19B1.24B1.33B2.18B1.79B1.97B
Gross Margin10.84%18.86%17.59%11.15%15.21%19.98%23.17%23.23%25.63%19.19%21.21%22.94%25.61%13.88%14.43%20.95%17.65%20.02%
Operating Expense786.43M1.01B1.16B619.86M709.93M967.55M962.69M793.57M827.23M981.19M1.04B837.36M955.19M560.97M497.17M567.83M531.14M1.17B
Operating Income19.44M457.74M492.75M525.58M815.14M1.04B1.16B876.20M892.72M539.05M549.05M983.98M1.23B682.26M833.05M1.62B1.26B793.40M
Operating Margin0.26%5.86%5.24%5.12%8.13%10.37%12.66%12.19%13.30%6.81%7.31%12.39%14.42%7.62%9.04%15.50%12.42%8.08%
EBITDA476.31M890.20M1.02B1.09B1.29B1.67B1.78B1.36B1.34B1.05B942.88M1.29B1.56B894.10M970.25M1.72B1.33B1.51B
EBITDA Margin6.40%11.41%10.83%10.64%12.82%16.59%19.42%18.90%20.00%13.27%12.55%16.25%18.22%9.99%10.52%16.54%13.07%15.33%
Net Income46.86M411.46M496.13M490.65M622.38M903.57M1.01B805.58M825.08M483.47M483.04M847.17M1.06B600.41M737.64M1.40B1.10B922.89M
Net Income Margin0.63%5.27%5.27%4.78%6.21%8.98%11.05%11.21%12.30%6.10%6.43%10.67%12.42%6.71%8.00%13.40%10.86%9.40%
R&D---70.63M131.22M166.12M128.04M435.31M376.65M133.78M166.56M179.15M450.31M136.29M143.52M145.70M432.17M465.08M
R&D as % of Total Revenue---0.69%1.31%1.65%1.40%6.06%5.61%1.69%2.22%2.26%5.28%1.52%1.56%1.40%4.26%4.74%
Interest Expense126.63M96.26M87.84M104.45M122.15M103.50M128.28M124.96M106.99M63.26M66.04M34.14M44.87M44.94M53.77M74.49M68.54M34.95M
Interest Expense % of Total Revenue1.70%1.23%0.93%1.02%1.22%1.03%1.40%1.74%1.59%0.80%0.88%0.43%0.53%0.50%0.58%0.71%0.67%0.36%

Balance Sheet

Currency: CNY2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets6.05B6.55B7.34B7.31B7.12B7.72B8.60B8.86B13.22B14.59B14.53B15.08B16.65B16.74B17.69B18.76B19.28B19.46B
Total Liabilities4.12B4.20B4.84B4.68B4.40B4.71B5.78B6.13B5.37B6.58B5.15B5.00B5.79B5.59B6.00B5.89B5.84B5.52B
Total Equity1.91B2.32B2.45B2.63B2.71B3.02B2.83B2.73B7.84B8.01B9.37B10.07B10.86B11.15B11.70B12.87B13.44B13.94B
Cash312.82M504.76M277.39M442.66M868.48M1.72B2.50B2.04B3.32B3.60B1.68B1.77B1.86B1.73B2.74B2.16B2.46B2.61B
Total Debt2.38B1.97B2.14B2.05B1.83B1.75B2.53B3.02B1.86B1.35B1.19B957.33M1.54B1.39B1.46B1.09B1.26B-
Net Debt2.07B1.47B1.86B1.61B956.94M26.82M24.68M981.46M-1.46B-2.25B-485.71M-809.77M-314.03M-344.24M-1.28B-622.64M-1.20B-

Cash Flow

Currency: CNY2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow393.71M1.11B333.59M1.25B1.07B1.55B1.42B813.88M350.46M578.39M593.66M1.38B1.35B471.68M1.49B1.80B987.73M864.39M
Investing Cash Flow-616.27M-389.91M-600.15M-121.47M-126.13M-104.61M-372.07M-794.89M-3.12B526.78M-1.53B-623.54M-1.27B46.90M-324.38M-1.98B-215.81M-
Financing Cash Flow281.00M-523.65M40.38M-970.30M-518.73M-558.80M-284.33M-594.28M2.95B-839.37M-441.54M-437.19M310.91M-555.19M-206.38M-423.92M-498.40M-
Capital Expenditure616.27M389.91M600.15M86.42M126.13M109.70M372.08M794.93M139.53M341.79M1.27B156.30M61.43M109.93M79.07M107.33M315.06M92.08M
Free Cash Flow-222.56M715.87M-266.56M1.17B945.94M1.44B1.05B18.95M210.92M236.60M-675.46M1.22B1.28B361.75M1.41B1.69B672.67M772.31M
Dividends Paid141.45M111.18M116.45M199.57M167.52M480.38M1.07B1.03B89.54M370.45M261.81M160.00M280.00M320.00M184.00M266.73M575.50M452.70M
FCF to OCF-56.53%64.74%-79.91%93.11%88.23%92.93%73.84%2.33%60.19%40.91%-113.78%88.65%95.43%76.69%94.68%94.03%68.10%89.35%
Dividend Paid to FCF-63.56%15.53%-43.69%17.08%17.71%33.32%101.55%5446.13%42.45%156.57%-38.76%13.11%21.80%88.46%13.07%15.77%85.55%58.62%

Earnings

Report DateOct 26, 2016Dec 31, 2016Apr 29, 2017Aug 25, 2017Oct 27, 2017Dec 31, 2017Apr 26, 2018Aug 27, 2018Oct 26, 2018Dec 31, 2018Apr 25, 2019Aug 27, 2019Oct 24, 2019Dec 31, 2019Apr 22, 2020Aug 26, 2020Oct 26, 2020Dec 31, 2020Apr 21, 2021Aug 25, 2021Oct 28, 2021Dec 31, 2021Apr 26, 2022Aug 29, 2022Oct 26, 2022Dec 31, 2022Apr 26, 2023
EPS Estimate---------------------------
EPS Actual0.220.320.200.140.120.140.120.130.160.190.190.280.300.290.290.370.450.300.240.190.170.140.140.200.320.330.29
Surprise---------------------------
TimingAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-Pre-marketPre-marketAfter-hours-Pre-marketAfter-hoursPre-market-Pre-marketPre-marketAfter-hours-After-hoursAfter-hoursPre-market-Pre-market

Key Statistics & Ratios

Market Cap9.79B
Enterprise Value8.46B
Trailing P/E11.23
Forward P/E0.00
Price / Sales0.97
Price / Book0.71
EPS1.09
Book Value17.46
Revenue (TTM)10.13B
Gross Profit (TTM)2.09B
EBITDA1.13B
Profit Margin8.56%
Operating Margin3.09%
Return on Equity6.33%
Return on Assets2.33%
Shares Outstanding800.00M
Shares Float281.58M
Beta0.46
Dividend Yield4.25%
Dividend Rate0.52
Payout Ratio48.62%

Dividends

20231×
0.28Jul 20, 2023
20221×
0.23Jul 28, 2022
20211×
0.40Jun 25, 2021
20201×
0.35Jul 23, 2020
20191×
0.20Jul 25, 2019
20181×
0.27Jul 19, 2018
20171×
0.40Jul 28, 2017