Qingdao Doublestar Co.,Ltd

000599.SZ

000599.SZQingdao Doublestar Co.,Ltd

Shenzhen

3.69

CNY

+0.34

(+10.15%)

-0.13EPS

-28.38P/E

3.01BMarket Cap

Oct 30Next Earn

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ISIN

CNE000000K17

Return %

Stock

S&P500

-14.39

24.79

-6.58

26.53

-23.44

87.24

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	12.24	11.25	9.53	7.52	4.4	7.24	5.85	4.08	5	5.67	4.78	4.81	5.81	6.52
Basic EPS, GAAP	0.07	0.04	0.05	0.11	0.09	0.14	0.16	0.03	-0.33	-0.04	-0.39	-0.74	-0.22	-0.14
Free Cash Flow per Basic Share	0.02	0.28	0.57	0.54	-0.7	-1.99	-3.13	-0.64	-1.37	-0.55	-0.32	0.21	0.05	-0.55
Dividend per Share	0.21	0.21	0.18	0.17	0.12	0.09	0.16	0.17	0.18	0.25	0.19	0.2	0.19	0.2
Book Value per Share	1.95	1.96	1.9	2.37	1.92	2.04	2.17	1.81	1.64	1.68	1.18	0.45	0.23	0.18
Tangible Book Value per Share	2.81	2.8	2.71	4.24	3.48	3.53	3.58	3.79	3.83	3.9	3.32	2.46	2.1	2.29
Basic Weighted Avg Shares	516	525	553	529	681	681	683	917	825	779	821	813	801	720
Sales/Revenue/Turnover	6,315	5,909	5,272	3,978	2,994	4,928	3,998	3,745	4,124	4,421	3,925	3,910	4,656	4,695
Operating Margin (%)	2.07	1.97	2.69	3.24	4.15	2.88	6.79	4.12	-5.81	1.7	-8.98	-11.2	-1.78	-0.4
Depreciation Expense	255	251	234	218	151	134	185	230	256	346	410	413	408	- -
Net Income, GAAP	36	21	28	58	61	95	109	28	-272	-31	-320	-602	-176	-102
Effective Tax Rate (%)	9.84	44.23	45.12	26.27	16.07	17.7	17.67	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	0.57	0.36	0.52	1.46	2.05	1.93	2.73	0.73	-6.6	-0.71	-8.16	-15.39	-3.78	-2.17
Working Capital	-696	-300	53	401	732	547	-70	400	-245	-1,004	-1,550	-2,461	-1,966	-2,402
LT Debt	164	433	630	113	575	496	842	170	1,127	741	839	487	1,358	1,309
Total Equity	1,515	1,536	1,559	2,503	2,595	2,700	2,807	3,852	3,633	3,521	3,130	2,383	2,083	2,037
Return on Invested Capital (%)	3.58	1.95	2.33	2.67	2.68	2.82	4.42	- -	- -	- -	- -	- -	- -	- -
Return on Capital (%)	4.64	2.75	2.64	4.5	4.71	5.58	5.06	- -	- -	- -	- -	- -	- -	- -
Return on Common Equity (%)	3.65	2.07	2.66	5.05	4.79	7.07	7.6	1.75	-18.11	-2.34	-28.11	-90.19	-64.22	-57.02

Capital Structure

•

in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

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in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	1.49%	4.95%	19.05%
Net Income, GAAP	-12.28%	-46.74%	-70.74%
Free Cash Flow	-36.07%	-50.81%	-78.39%
Total Cash Common Dividend	7.41%	0.93%	-9.29%
Total Equity	5.31%	-11.27%	-12.59%

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. Wang Bo
Full Time Employees: 4,418
Sector: Consumer Cyclical
Industry: Auto - Parts
Address: No. 5, Wendling Road Qingdao People's Republic of China 266400
IPO Date: Invalid Date
Website: www.doublestar.com.cn
Business: Qingdao Doublestar Co., Ltd manufactures and sells tires in China and internationally. It offers truck all-steel and passenger semi-steel radial tire series. The company is also involved in the research, design, manufacturing, installation, and consultation of rubber and plastic, foundry, and environmental protection machinery and equipment, as well as digital tire molds. In addition, it engages in the real estate business. The company is based in Qingdao, 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	12.24	11.25	9.53	7.52	4.4	7.24	5.85	4.08	5	5.67	4.78	4.81	5.81	6.52
Basic EPS, GAAP	0.07	0.04	0.05	0.11	0.09	0.14	0.16	0.03	-0.33	-0.04	-0.39	-0.74	-0.22	-0.14
Free Cash Flow per Basic Share	0.02	0.28	0.57	0.54	-0.7	-1.99	-3.13	-0.64	-1.37	-0.55	-0.32	0.21	0.05	-0.55
Dividend per Share	0.21	0.21	0.18	0.17	0.12	0.09	0.16	0.17	0.18	0.25	0.19	0.2	0.19	0.2
Book Value per Share	1.95	1.96	1.9	2.37	1.92	2.04	2.17	1.81	1.64	1.68	1.18	0.45	0.23	0.18
Tangible Book Value per Share	2.81	2.8	2.71	4.24	3.48	3.53	3.58	3.79	3.83	3.9	3.32	2.46	2.1	2.29
Basic Weighted Avg Shares	516	525	553	529	681	681	683	917	825	779	821	813	801	720
Sales/Revenue/Turnover	6,315	5,909	5,272	3,978	2,994	4,928	3,998	3,745	4,124	4,421	3,925	3,910	4,656	4,695
Operating Margin (%)	2.07	1.97	2.69	3.24	4.15	2.88	6.79	4.12	-5.81	1.7	-8.98	-11.2	-1.78	-0.4
Depreciation Expense	255	251	234	218	151	134	185	230	256	346	410	413	408	- -
Net Income, GAAP	36	21	28	58	61	95	109	28	-272	-31	-320	-602	-176	-102
Effective Tax Rate (%)	9.84	44.23	45.12	26.27	16.07	17.7	17.67	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	0.57	0.36	0.52	1.46	2.05	1.93	2.73	0.73	-6.6	-0.71	-8.16	-15.39	-3.78	-2.17
Working Capital	-696	-300	53	401	732	547	-70	400	-245	-1,004	-1,550	-2,461	-1,966	-2,402
LT Debt	164	433	630	113	575	496	842	170	1,127	741	839	487	1,358	1,309
Total Equity	1,515	1,536	1,559	2,503	2,595	2,700	2,807	3,852	3,633	3,521	3,130	2,383	2,083	2,037
Return on Invested Capital (%)	3.58	1.95	2.33	2.67	2.68	2.82	4.42	- -	- -	- -	- -	- -	- -	- -
Return on Capital (%)	4.64	2.75	2.64	4.5	4.71	5.58	5.06	- -	- -	- -	- -	- -	- -	- -
Return on Common Equity (%)	3.65	2.07	2.66	5.05	4.79	7.07	7.6	1.75	-18.11	-2.34	-28.11	-90.19	-64.22	-57.02

	Dec'23	Mar'24	Jun'24
Total Current Assets	4,010	3,495	3,438
Accounts Receivable, Net	747	765	821
Cash, Cash Equivalents & STI	1,505	1,223	981
Inventories	1,051	929	989
Total Current Liabilities	5,976	5,616	5,839
Payables & Accruals	- -	- -	- -
ST Debt	3,855	3,521	3,597
Deferred Revenue	- -	- -	- -

	Dec'23	Mar'24	Jun'24
ST Debt	3,855	3,521	3,597
LT Borrowings	1,358	1,374	1,309
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	817	817	817
Market Capitalization	3,743	4,104	2,542

Year	Q1	Q2	Q3	Q4	FY
2022	913	1,021	1,101	875	3,910
2023	1,075	1,165	1,232	1,184	4,656
2024	1,181	1,098	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	-0.18	- -	- -	- -	-0.74
2023	-0.12	- -	- -	- -	-0.22
2024	-0.03	- -	- -	- -	- -

Qingdao Doublestar Co.,Ltd

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Working Capital

Capital Structure

Quarterly Dividends Per Share

Year

Quarterly Revenue

Year

Quarterly Earnings Per Share

Year