Financials Guizhou Tyre Co.,Ltd.

Equities

000589

CNE000000JH2

Tires & Rubber Products

End-of-day quote Shenzhen S.E. 03:30:00 08/05/2024 am IST 5-day change 1st Jan Change
6.19 CNY -4.03% Intraday chart for Guizhou Tyre Co.,Ltd. -3.73% +1.14%

Valuation

Fiscal Period: December 2020 2021 2022 2024 2025 2026
Capitalization 1 5,248 5,881 5,497 9,042 - -
Enterprise Value (EV) 1 5,248 5,881 5,497 9,042 9,042 9,042
P/E ratio 4.6 x 15.8 x 14.5 x 8.72 x 7.28 x 6.25 x
Yield 2.28% 1.63% - - - -
Capitalization / Revenue 0.77 x 0.8 x - 0.81 x 0.71 x 0.65 x
EV / Revenue 0.77 x 0.8 x - 0.81 x 0.71 x 0.65 x
EV / EBITDA 3.15 x 8.42 x - 5.33 x 4.59 x 4.06 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.08 x 1.18 x - 1.08 x 0.94 x 0.82 x
Nbr of stocks (in thousands) 9,57,111 11,47,588 11,47,500 14,60,784 - -
Reference price 2 5.483 5.125 4.790 6.190 6.190 6.190
Announcement Date 14/04/21 28/01/22 24/04/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2024 2025 2026
Net sales 1 6,809 7,339 - 11,139 12,721 13,988
EBITDA 1 1,667 698.2 - 1,698 1,972 2,229
EBIT 1 1,354 393.2 - 1,177 1,415 1,644
Operating Margin 19.88% 5.36% - 10.57% 11.12% 11.75%
Earnings before Tax (EBT) 1 1,328 389.7 - 1,177 1,415 1,644
Net income 1 1,138 369.7 428.8 1,047 1,252 1,458
Net margin 16.72% 5.04% - 9.4% 9.84% 10.42%
EPS 2 1.192 0.3250 0.3300 0.7100 0.8500 0.9900
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1250 0.0833 - - - -
Announcement Date 14/04/21 28/01/22 24/04/23 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 27% 6.86% - 12.5% 13% 13.1%
ROA (Net income/ Total Assets) 10.3% 3.03% - 5.4% 5.8% 6.2%
Assets 1 11,019 12,196 - 19,389 21,586 23,516
Book Value Per Share 2 5.090 4.330 - 5.710 6.560 7.550
Cash Flow per Share 2 1.730 0.2100 - 0.9800 1.320 1.320
Capex 1 835 930 - 1,600 1,500 1,300
Capex / Sales 12.27% 12.67% - 14.36% 11.79% 9.29%
Announcement Date 14/04/21 28/01/22 24/04/23 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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