000589.SZ
Price:
$4.53
Market Cap:
$7.05B
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.
Industry
Auto - Parts
IPO Date
1996-03-08
Stock Exchange
SHZ
Ticker
000589.SZ
According to Guizhou Tyre Co.,Ltd.’s latest financial reports and current stock price. The company's current ROE is 9.58%. This represents a change of 294.30% compared to the average of 2.43% of the last 4 quarters.
The mean historical ROE of Guizhou Tyre Co.,Ltd. over the last ten years is 4.50%. The current 9.58% ROE has changed 112.89% with respect to the historical average. Over the past ten years (40 quarters), 000589.SZ's ROE was at its highest in in the December 2020 quarter at 15.04%. The ROE was at its lowest in in the December 2015 quarter at -9.74%.
Average
4.50%
Median
4.03%
Minimum
-7.43%
Maximum
23.38%
Discovering the peaks and valleys of Guizhou Tyre Co.,Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 540.60%
Maximum Annual ROE = 23.38%
Minimum Annual Increase = -1667.75%
Minimum Annual ROE = -7.43%
Year | ROE | Change |
---|---|---|
2023 | 11.75% | 76.70% |
2022 | 6.65% | 6.39% |
2021 | 6.25% | -73.27% |
2020 | 23.38% | 540.60% |
2019 | 3.65% | 40.85% |
2018 | 2.59% | -138.89% |
2017 | -6.66% | -1667.75% |
2016 | 0.42% | -105.72% |
2015 | -7.43% | -268.72% |
2014 | 4.40% | -39.63% |
The current ROE of Guizhou Tyre Co.,Ltd. (000589.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.21%
5-year avg
10.33%
10-year avg
4.50%
Guizhou Tyre Co.,Ltd.’s ROE is greater than Qingdao Doublestar Co.,Ltd (-18.91%), less than Weifu High-Technology Group Co., Ltd. (8.44%), less than Jiangling Motors Corporation, Ltd. (12.24%), less than Guangxi Liugong Machinery Co., Ltd. (7.65%), less than Wanxiang Qianchao Co.,Ltd. (10.37%),
Company | ROE | Market cap |
---|---|---|
-18.91% | $3.78B | |
8.44% | $17.24B | |
12.24% | $13.18B | |
7.65% | $19.97B | |
10.37% | $21.31B |
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