Ningbo Tip Rubber Technology Co Ltd

605255 · SHG · Consumer Cyclical / Auto Parts

73.82CNY+6.71 (+10.00%)

Price History

Full chart

Market Stats

Previous Close67.11

Open70.32

Day Range70.25 – 73.82

52-Week Range54.65 – 217.95

Volume2.46M

Market Cap7.89B

P/E (TTM)5887.00

Forward P/E0.00

EPS0.01

Dividend Yield0.42%

Beta0.56

50-Day Avg65.39

200-Day Avg103.40

About

Ningbo TIP Rubber Technology Co.,Ltd researches, develops, manufactures, and sells polymer material fluid piping systems, and sealing system parts and assemblies for automobiles in China and internationally. It offers engine accessory system hoses and assemblies; automobile air conditioning systems; power steering systems; body accessory system hoses and assemblies; fuel system hoses and assemblies; and molded related products. The company was founded in 2009 and is headquartered in Ningbo, China. Ningbo TIP Rubber Technology Co.,Ltd operates as a subsidiary of Zhejiang Tianpu Holdings Co., Ltd.

Company Details

SectorConsumer Cyclical
IndustryAuto Parts
CEOMr. Jianhai Fan
Employees639
HeadquartersNo. 5, Jinlong Road, Ningbo, China, 315600, China
Websitehttps://www.tipgroupm.com

Leadership

Mr. Jianhai FanGeneral Manager · b. 1980

Financials

Income Statement

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	366.58M	418.47M	436.99M	344.56M	303.64M	306.30M	329.42M	348.38M	342.30M	318.39M
Growth (%)	-	+14.15%	+4.43%	-21.15%	-11.87%	+0.87%	+7.55%	+5.76%	-1.75%	-6.99%
Cost of Revenue	214.49M	241.40M	258.50M	204.20M	176.93M	194.85M	222.55M	227.31M	216.74M	205.87M
Gross Profit	152.09M	177.06M	178.49M	140.36M	126.71M	111.45M	106.87M	121.07M	125.56M	112.52M
Gross Margin	41.49%	42.31%	40.85%	40.74%	41.73%	36.39%	32.44%	34.75%	36.68%	35.34%
Operating Expense	50.28M	50.28M	56.24M	55.50M	60.00M	63.33M	71.80M	77.84M	72.99M	76.90M
Operating Income	101.82M	126.79M	122.25M	84.86M	66.71M	48.12M	35.07M	43.23M	52.57M	35.62M
Operating Margin	27.78%	30.30%	27.97%	24.63%	21.97%	15.71%	10.65%	12.41%	15.36%	11.19%
EBITDA	115.62M	141.32M	138.06M	102.53M	84.76M	63.26M	61.05M	76.59M	88.94M	83.93M
EBITDA Margin	31.54%	33.77%	31.59%	29.76%	27.91%	20.65%	18.53%	21.98%	25.98%	26.36%
Net Income	86.97M	106.63M	102.14M	78.06M	62.66M	39.49M	25.56M	30.61M	33.07M	26.15M
Net Income Margin	23.72%	25.48%	23.37%	22.65%	20.64%	12.89%	7.76%	8.79%	9.66%	8.21%
R&D	14.88M	18.02M	15.56M	17.82M	21.97M	26.57M	21.53M	22.09M	21.65M	21.76M
R&D as % of Total Revenue	4.06%	4.31%	3.56%	5.17%	7.23%	8.67%	6.54%	6.34%	6.33%	6.83%
Interest Expense	213.11K	95.16K	899.75K	435.25K	100.83K	340.22K	317.24K	219.03K	191.57K	390.64K
Interest Expense % of Total Revenue	0.06%	0.02%	0.21%	0.13%	0.03%	0.11%	0.10%	0.06%	0.06%	0.12%

Balance Sheet

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	499.85M	535.97M	476.69M	590.54M	1.03B	1.02B	911.02M	903.76M	873.39M	1.72B
Total Liabilities	66.87M	129.63M	43.11M	78.88M	98.33M	143.49M	69.05M	60.67M	56.21M	900.22M
Total Equity	432.98M	406.34M	433.58M	511.65M	936.48M	876.01M	841.97M	843.09M	817.18M	815.21M
Cash	7.04M	10.50M	29.36M	31.94M	198.41M	62.81M	37.83M	45.24M	89.30M	1.02B
Total Debt	-	3.03M	4.50M	3.86M	7.64M	7.27M	3.60M	1.56M	3.75M	-
Net Debt	-7.04M	-7.47M	-24.87M	-28.08M	-190.77M	-55.55M	-35.01M	-43.68M	-87.74M	-

Cash Flow

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	99.06M	96.48M	102.48M	133.56M	58.60M	77.94M	85.64M	82.92M	83.66M	87.26M
Investing Cash Flow	-99.86M	-22.61M	58.21M	-129.67M	-258.26M	-117.34M	-49.06M	-40.88M	19.02M	-
Financing Cash Flow	-	-70.65M	-141.20M	-3.62M	366.97M	-100.50M	-60.33M	-30.21M	-59.76M	-
Capital Expenditure	46.79M	32.75M	52.68M	118.23M	94.37M	150.85M	153.10M	29.08M	17.13M	20.31M
Free Cash Flow	52.27M	63.73M	49.80M	15.33M	-35.77M	-72.91M	-67.45M	53.84M	66.53M	66.95M
Dividends Paid	-	25.00M	106.37M	289.77K	99.89M	99.89M	59.67M	29.50M	59.00M	30.17M
FCF to OCF	52.76%	66.05%	48.59%	11.48%	-61.05%	-93.54%	-78.76%	64.93%	79.53%	76.73%
Dividend Paid to FCF	-	39.23%	213.60%	1.89%	-279.24%	-137.00%	-88.45%	54.78%	88.68%	45.06%

Earnings

Report Date	Sep 30, 2020	Dec 31, 2020	Mar 31, 2021	Jun 30, 2021	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023	Jun 30, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.11	0.19	0.14	0.07	0.06	0.02	0.07	0.04	0.05	0.02	0.07	0.06
Surprise	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap7.89B

Enterprise Value6.99B

Trailing P/E5887.00

Forward P/E0.00

Price / Sales25.48

Price / Book10.10

EPS0.01

Book Value5.95

Revenue (TTM)309.83M

Gross Profit (TTM)99.98M

EBITDA70.91M

Profit Margin0.17%

Operating Margin-8.32%

Return on Equity0.07%

Return on Assets1.18%

Shares Outstanding134.08M

Shares Float33.52M

Beta0.56

Dividend Yield0.42%

Dividend Rate0.25

Payout Ratio1000.00%

Dividends

20261×

0.03Jun 5, 2026

20252×

0.07Nov 13, 20250.15Jun 11, 2025

20242×

0.22Dec 2, 20240.22Jun 5, 2024

20231×

0.22Jun 19, 2023

20221×

0.45Jun 16, 2022

20211×

0.74Jun 11, 2021