1. People's Republic of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Guizhou Tyre Co.,Ltd.

Guizhou Tyre Co.,Ltd.

000589.SZ
Guizhou Tyre Co.,Ltd.CN flagShenzhen Stock Exchange
4.44
CNY
+0.16
- -
6.90BMarket Cap
Guizhou Tyre Co.,Ltd.
000589.SZ
(Shenzhen Stock Exchange)

Recent

price

4.44

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
12.48
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
7.64
7.06
6.48
Revenue per Share
0.25
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
0.44
0.4
0.26
Basic EPS, GAAP
-1.25
-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
-0.56
-0.44
-1.11
Free Cash Flow per Basic Share
0.35
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
0.31
0.25
0.09
Dividend per Share
1.68
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
3.22
3.1
2.75
Book Value per Share
2.97
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
6.02
5.57
5.03
Tangible Book Value per Share
499
572
592
579
831
942
914
917
962
956
929
924
1,128
1,141
1,399
1,550
1,653
Basic Weighted Avg Shares
6,227
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
10,691
10,946
10,709
Sales/Revenue/Turnover
5.35
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
6.88
7.59
5.13
Operating Margin (%)
171
171
187
196
228
278
283
307
304
296
252
279
388
430
498
530
- -
Depreciation Expense
125
95
128
174
166
-259
15
-222
88
135
1,138
370
429
833
615
620
437
Net Income, GAAP
22.78
27.86
22.69
25.98
14.69
- -
- -
- -
17.27
9.9
14.3
5.1
0.83
10.17
10.19
13.55
11.27
Effective Tax Rate (%)
2
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
5.76
5.66
4.08
Profit Margin (%)
-125
665
521
-159
535
714
308
-934
-974
-1,144
-612
-122
1,900
169
1,522
1,337
1,388
Working Capital
539
1,373
1,123
1,109
1,045
1,731
1,139
700
697
27
770
735
3,012
2,149
1,889
2,175
2,114
LT Debt
1,609
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
8,850
9,116
8,801
Total Equity
6.84
4.58
5.06
5.92
4.5
- -
- -
- -
2.87
4.15
8.69
3.95
4.26
7.45
5.21
5.32
3.69
Return on Invested Capital (%)
7.23
5.78
6.42
6.63
6.4
- -
- -
- -
4.64
5.56
25.13
8.6
8.19
11.18
8.16
7.84
6.02
Return on Capital (%)
15.42
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
14.69
13.32
9.84
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2,337
2,194
2,493
LT Borrowings
1,889
2,214
2,114
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,555
1,555
1,555
Market Capitalization
6,138
7,984
7,554

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
8,664
8,564
8,237
Cash, Cash Equivalents & STI
2,739
2,554
2,489
Accounts Receivable, Net
2,129
2,286
2,388
Inventories
1,898
1,891
1,759
Total Current Liabilities
7,141
6,746
6,849
Payables & Accruals
- -
- -
- -
ST Debt
2,337
2,194
2,493
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.62%
13.58%
3.01%
Free Cash Flow
-499.51%
-146.99%
-12.64%
Net Income, GAAP
-99.01%
3.46%
0.74%
Sales/Revenue/Turnover
9.1%
10.06%
2.39%
Total Cash Common Dividend
14.14%
36.54%
-11.5%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,440
2,735
2,668
2,848
10,691
2025
2,527
2,666
2,990
- -
10,946
2026
2,687
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
- -
- -
- -
0.44
2025
0.04
- -
- -
- -
0.4
2026
0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.31
2025
0.02
- -
- -
- -
0.25
2026
0.02
- -
- -
- -
- -
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Business
Guizhou Tyre Co., Ltd. (000589.SZ) manufactures and sells a comprehensive range of tires principally in China with exports to approximately 120 countries including Europe, Africa, and the Americas; its core products encompass truck and bus radial tires, passenger car tires, off-the-road (OTR) tires for construction machinery such as loaders, excavators, dump trucks, and rollers, agricultural and forestry machinery tires for tractors and harvesters, industrial vehicle tires including pneumatic and solid variants for forklifts and port equipment, mining tires, trailer tires, and special tires such as heavy off-road and desert transportation tires, offered under the Advance, Samson, Tornado, Chinhoo, and Jingang brands with over 3,000 specifications. Founded in 1958 and headquartered in Guiyang, Guizhou Province, the company operates as one of China's largest tire producers and top exporters of construction machinery tires, serving domestic and international markets in the automotive and industrial sectors with a workforce exceeding 6,600 employees across facilities including a major campus in Zhazuo Town. In recent developments, Guizhou Tyre expanded its international production footprint through its subsidiary Advance Tyre (Vietnam) Co. Ltd. by launching Phase 3 of a $230 million plant in Tien Giang Province, Vietnam, in December 2024 as part of a total $615 million investment, aimed at producing six million passenger car radial tires annually by 2025 to target the European replacement market with sustainable, EV-ready products; the company also plans a second overseas facility in Morocco to optimize capacity and enhance global resilience, while reporting 2024 revenue of 10.69 billion yuan (up 11% year-over-year) driven by Advance brand demand in Europe despite profit pressures from expansion costs, and undergoing shareholder changes involving Guiyang Industrial Investment.