Guizhou Tyre Co.,Ltd.

000589.SZ

000589.SZGuizhou Tyre Co.,Ltd.

Shenzhen

4.26

CNY

-0.08

(-1.84%)

0.62EPS

6.87P/E

6.63BMarket Cap

Oct 28Next Earn

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ISIN

CNE000000JH2

Return %

Stock

S&P500

-39.57

26.87

-9.75

27.51

9.23

87.04

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	13.17	11.15	11.19	6.7	5.03	6.12	7.59	7.1	6.76	7.33	7.94	7.48	8.42	8.47
Basic EPS, GAAP	0.17	0.22	0.3	0.2	-0.27	0.02	-0.24	0.09	0.14	1.22	0.4	0.38	0.73	0.75
Free Cash Flow per Basic Share	-1.64	1.09	-0.11	-0.2	0.01	-0.45	-0.12	0.44	1.41	0.89	-0.99	-1	0.22	-1.25
Dividend per Share	0.33	0.45	0.4	0.29	0.26	0.23	0.18	0.16	0.17	0.17	0.23	0.12	0.32	0.33
Book Value per Share	1.99	2.08	2.34	2.14	1.58	1.63	1.36	1.36	1.48	2.62	3.01	2.9	3.4	3.56
Tangible Book Value per Share	3.52	3.47	3.54	4.15	3.36	3.59	3.32	3.38	3.66	5	6.03	5.38	5.89	6.72
Basic Weighted Avg Shares	572	592	579	831	942	914	917	962	956	929	924	1,128	1,141	1,220
Sales/Revenue/Turnover	7,536	6,597	6,478	5,563	4,733	5,587	6,960	6,825	6,458	6,809	7,339	8,440	9,601	10,334
Operating Margin (%)	4.21	5.85	7.33	6.56	-2.87	-2.48	-2.46	3.7	5.28	11.04	4.51	5.05	10.25	9.97
Depreciation Expense	171	187	196	228	278	283	307	304	296	252	279	388	430	- -
Net Income, GAAP	95	128	174	166	-259	15	-222	88	135	1,138	370	429	833	920
Effective Tax Rate (%)	27.86	22.69	25.98	14.69	- -	- -	- -	17.27	9.9	14.3	5.1	0.83	10.17	7.71
Profit Margin (%)	1.27	1.94	2.68	2.99	-5.47	0.27	-3.19	1.29	2.1	16.72	5.04	5.08	8.67	8.9
Working Capital	665	521	-159	535	714	308	-934	-974	-1,144	-612	-122	1,900	169	-79
LT Debt	1,373	1,123	1,109	1,045	1,731	1,139	700	697	27	770	735	3,012	2,149	625
Total Equity	2,149	2,245	2,384	3,774	3,485	3,579	3,340	3,536	3,724	4,882	5,941	6,482	7,145	8,621
Return on Invested Capital (%)	4.58	5.06	5.92	4.5	- -	- -	- -	2.87	4.15	8.69	3.95	4.26	7.45	7.64
Return on Capital (%)	5.78	6.42	6.63	6.4	- -	- -	- -	2	5.21	25.09	8.53	8.14	11.18	11.91
Return on Common Equity (%)	9.65	10.82	13.42	10.61	-15.88	1.02	-16.2	6.9	9.93	59.12	14.17	14.16	23.28	23.79

Capital Structure

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in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	4.82%	7.32%	13.76%
Net Income, GAAP	-122.49%	167.36%	94.19%
Free Cash Flow	-450.37%	-26.12%	-122.03%
Total Cash Common Dividend	13.76%	35.28%	174.63%
Total Equity	13%	15.49%	10.23%

Growth Rates

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in mil. unless spec.

Quarterly Revenue

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in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Kun Wang
Full Time Employees: 6,748
Sector: Consumer Cyclical
Industry: Auto - Parts
Address: No. 41, Baihua Avenue Guiyang People's Republic of China 550008
IPO Date: Invalid Date
Website: www.gztyre.com
Business: Guizhou Tyre Co.,Ltd. engages in the research, development, production, and sale of tires in China. It offers tires for truck/passenger cars, OTRs, agriculture and forestry machineries, industrial vehicles, and mining machineries, as well as solid and special tires under the Advance, Samson, Tornado, Chinhoo, and Jingang brands. The company also exports its products to approximately 120 countries and regions, such as the United Kingdom, Italy, South Africa, and South America. Guizhou Tyre Co.,Ltd. was founded in 1958 and is based in Guiyang, the People's Republic of China.

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	13.17	11.15	11.19	6.7	5.03	6.12	7.59	7.1	6.76	7.33	7.94	7.48	8.42	8.47
Basic EPS, GAAP	0.17	0.22	0.3	0.2	-0.27	0.02	-0.24	0.09	0.14	1.22	0.4	0.38	0.73	0.75
Free Cash Flow per Basic Share	-1.64	1.09	-0.11	-0.2	0.01	-0.45	-0.12	0.44	1.41	0.89	-0.99	-1	0.22	-1.25
Dividend per Share	0.33	0.45	0.4	0.29	0.26	0.23	0.18	0.16	0.17	0.17	0.23	0.12	0.32	0.33
Book Value per Share	1.99	2.08	2.34	2.14	1.58	1.63	1.36	1.36	1.48	2.62	3.01	2.9	3.4	3.56
Tangible Book Value per Share	3.52	3.47	3.54	4.15	3.36	3.59	3.32	3.38	3.66	5	6.03	5.38	5.89	6.72
Basic Weighted Avg Shares	572	592	579	831	942	914	917	962	956	929	924	1,128	1,141	1,220
Sales/Revenue/Turnover	7,536	6,597	6,478	5,563	4,733	5,587	6,960	6,825	6,458	6,809	7,339	8,440	9,601	10,334
Operating Margin (%)	4.21	5.85	7.33	6.56	-2.87	-2.48	-2.46	3.7	5.28	11.04	4.51	5.05	10.25	9.97
Depreciation Expense	171	187	196	228	278	283	307	304	296	252	279	388	430	- -
Net Income, GAAP	95	128	174	166	-259	15	-222	88	135	1,138	370	429	833	920
Effective Tax Rate (%)	27.86	22.69	25.98	14.69	- -	- -	- -	17.27	9.9	14.3	5.1	0.83	10.17	7.71
Profit Margin (%)	1.27	1.94	2.68	2.99	-5.47	0.27	-3.19	1.29	2.1	16.72	5.04	5.08	8.67	8.9
Working Capital	665	521	-159	535	714	308	-934	-974	-1,144	-612	-122	1,900	169	-79
LT Debt	1,373	1,123	1,109	1,045	1,731	1,139	700	697	27	770	735	3,012	2,149	625
Total Equity	2,149	2,245	2,384	3,774	3,485	3,579	3,340	3,536	3,724	4,882	5,941	6,482	7,145	8,621
Return on Invested Capital (%)	4.58	5.06	5.92	4.5	- -	- -	- -	2.87	4.15	8.69	3.95	4.26	7.45	7.64
Return on Capital (%)	5.78	6.42	6.63	6.4	- -	- -	- -	2	5.21	25.09	8.53	8.14	11.18	11.91
Return on Common Equity (%)	9.65	10.82	13.42	10.61	-15.88	1.02	-16.2	6.9	9.93	59.12	14.17	14.16	23.28	23.79

	Dec'23	Mar'24	Jun'24
ST Debt	2,886	3,351	3,731
LT Borrowings	2,149	1,575	625
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	1,204	1,288	1,555
Market Capitalization	6,852	6,589	6,186

	Dec'23	Mar'24	Jun'24
Total Current Assets	8,395	8,429	8,763
Accounts Receivable, Net	1,608	1,770	2,193
Cash, Cash Equivalents & STI	3,432	3,139	3,049
Inventories	1,605	1,795	1,769
Total Current Liabilities	8,225	8,497	8,842
Payables & Accruals	- -	- -	- -
ST Debt	2,886	3,351	3,731
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	1,863	2,086	2,302	2,188	8,440
2023	1,998	2,443	2,596	2,564	9,601
2024	2,440	2,735	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	0.06	- -	- -	- -	0.38
2023	0.08	- -	- -	- -	0.73
2024	0.17	- -	- -	- -	- -

Guizhou Tyre Co.,Ltd.

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Capital Structure

Working Capital

Quarterly Revenue

Year

Quarterly Dividends Per Share

Year

Quarterly Earnings Per Share

Year