GUIZHOU TYRE CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.26 CNY | -1.26% |
|
-3.99% | +2.29% |
| May. 07 | Guizhou Tyre Co.,Ltd. Approves Cash Dividend for the Year 2023 | CI |
| Apr. 29 | Guizhou Tyre Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,248 | 5,881 | 5,497 | 7,302 | 9,702 | - | - |
| Enterprise Value (EV) 1 | 5,248 | 5,881 | 5,497 | 7,302 | 9,702 | 9,702 | 9,702 |
| P/E ratio | 4.6 x | 15.8 x | 14.5 x | 10.9 x | 8.82 x | 7.36 x | 6.32 x |
| Yield | 2.28% | 1.63% | - | - | - | - | - |
| Capitalization / Revenue | 0.77 x | 0.8 x | - | - | 0.87 x | 0.76 x | 0.69 x |
| EV / Revenue | 0.77 x | 0.8 x | - | - | 0.87 x | 0.76 x | 0.69 x |
| EV / EBITDA | 3.15 x | 8.42 x | - | - | 5.71 x | 4.92 x | 4.35 x |
| EV / FCF | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - |
| Price to Book | 1.08 x | 1.18 x | - | - | 1.1 x | 0.95 x | 0.83 x |
| Nbr of stocks (in thousands) | 957,111 | 1,147,588 | 1,147,500 | 1,193,143 | 1,549,796 | - | - |
| Reference price 2 | 5.483 | 5.125 | 4.790 | 6.120 | 6.260 | 6.260 | 6.260 |
| Announcement Date | 4/14/21 | 1/28/22 | 4/24/23 | 4/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 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 | 832.7 | 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 | 0.5600 | 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 | 4/14/21 | 1/28/22 | 4/24/23 | 4/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 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 | 4/14/21 | 1/28/22 | 4/24/23 | 4/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
6.26
CNY
Average target price
8.52
CNY
Spread / Average Target
+36.10%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +2.29% | 1.36B | |
| +21.78% | 6.66B | |
| +0.03% | 6.57B | |
| +18.84% | 6.5B | |
| +20.27% | 5.36B | |
| +15.08% | 4.48B | |
| -2.42% | 3.96B | |
| +6.29% | 3.76B | |
| +24.86% | 3.67B | |
| +42.39% | 3.11B |
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