601163.SS
Price:
$14.48
Market Cap:
$11.58B
Triangle Tyre Co., Ltd researches, develops, designs, manufactures, and markets various tire products. Its products include commercial tires, passenger tires, bias off-the-road (OTR) tires, radial OTR tires, jumbo OTR tires, etc., as well as specialty tires. The company provides its products through branches, as well as dealers and online in North America, Europe, Australia, Russia, and India covering 180 countries and regions. Triangle Tyre Co., Ltd was founded in 1976 and is based in Weihai, China.
Industry
Auto - Parts
IPO Date
2016-09-09
Stock Exchange
SHH
Ticker
601163.SS
According to Triangle Tyre Co., Ltd’s latest financial reports and current stock price. The company's current ROE is 6.65%. This represents a change of 300.18% compared to the average of 1.66% of the last 4 quarters.
The mean historical ROE of Triangle Tyre Co., Ltd over the last ten years is 10.01%. The current 6.65% ROE has changed -33.52% with respect to the historical average. Over the past ten years (40 quarters), 601163.SS's ROE was at its highest in in the December 2015 quarter at 8.65%. The ROE was at its lowest in in the March 2022 quarter at 0.52%.
Average
10.01%
Median
8.31%
Minimum
5.15%
Maximum
29.47%
Discovering the peaks and valleys of Triangle 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 = 72.00%
Maximum Annual ROE = 29.47%
Minimum Annual Increase = -64.30%
Minimum Annual ROE = 5.15%
| Year | ROE | Change |
|---|---|---|
| 2024 | 8.20% | -24.38% |
| 2023 | 10.85% | 72.00% |
| 2022 | 6.31% | 17.07% |
| 2021 | 5.39% | -44.80% |
| 2020 | 9.76% | 16.02% |
| 2019 | 8.41% | 63.21% |
| 2018 | 5.15% | -14.64% |
| 2017 | 6.04% | -42.62% |
| 2016 | 10.52% | -64.30% |
| 2015 | 29.47% | -17.71% |
The current ROE of Triangle Tyre Co., Ltd (601163.SS) 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
8.45%
5-year avg
8.10%
10-year avg
10.01%
Triangle Tyre Co., Ltd’s ROE is less than Camel Group Co., Ltd. (7.65%), less than Chengdu Haoneng Technology Co., Ltd. (10.54%), less than Zhejiang Wanliyang Co., Ltd. (5.53%), less than YAPP Automotive Systems Co., Ltd. (12.39%), greater than Shanghai Aerospace Automobile Electromechanical Co., Ltd. (-5.84%), greater than Beijing Jingwei Hirain Technologies Co., Inc. (-5.40%), less than Wuxi Longsheng Technology Co.,Ltd (14.46%), less than Jiangsu NanFang Precision Co.,Ltd. (26.77%), less than Kunshan Huguang Auto Harness Co.,Ltd. (25.36%), less than Guizhou Tyre Co.,Ltd. (5.73%),
| Company | ROE | Market cap |
|---|---|---|
| 7.65% | $10.68B | |
| 10.54% | $11.65B | |
| 5.53% | $12.39B | |
| 12.39% | $11.36B | |
| -5.84% | $25.59B | |
| -5.40% | $13.05B | |
| 14.46% | $11.03B | |
| 26.77% | $9.09B | |
| 25.36% | $12.74B | |
| 5.73% | $7.88B |
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