601966 Shandong Linglong Tyre
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Shandong Linglong Tyre News
Express News | Over 80 Shanghai main board companies have issued equity distribution implementation announcements
Linglong Tire: Domestic supporting business Maori is repairing the Serbian semi-steel tire project and will be put into production next year
① Wang Feng, chairman and president of Linglong Tire, said that the gross profit of the company's domestic supporting business continues to recover, and the Serbian factory plans to produce passenger and light truck tires in 2025. ② Lu Xiaoyan, the company's financial director, said that the company's overseas supporting gross margin was the highest among the four business segments. The company believes that the Serbian factory support side will also maintain a high gross profit margin in the future.
Is Shandong Linglong TyreLtd (SHSE:601966) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usu
Linglong Tire: The price increase in the company's retail market has been implemented
Linglong Tire said on an interactive platform on May 9 that the price increase in the company's retail market has been implemented, and sales of semi-steel tires are still booming.
Linglong Tire (601966.SH): We have already had business exchanges with Tesla
Gelonghui, May 9, 丨 Linglong Tire (601966.SH) said on the investor interactive platform, 1. The company and Tesla have had business exchanges, and various tasks are progressing steadily and are not yet supported; 2. The production capacity of the Serbian factory is currently continuing to climb, and the profitability of the factory will also increase rapidly as capacity utilization and sales continue to increase; 3. JD Car Maintenance mainly covers the replacement market. The company has mainly launched the new Linglong Master series and the Atlas brand on the JD platform; 4. The company has produced more than 200 products for more than 60 OEMs around the world The base provides supporting services to achieve
Linglong Tire (601966): Outstanding 24Q1 performance, continued industry boom, production capacity release driven growth
Incident: The company released its 2023 & 2401 financial report on April 24, achieving revenue of 20.065 billion yuan in 2023, +18.58% year-on-year; net profit to mother of 1,391 billion yuan, +376.88% year-on-year.
Linglong Tire (601966): Significant performance repair overseas layout and high-end support drive growth
Incident description 1. The company released its 2023 annual report and achieved annual revenue of 20.7 billion yuan (+18.6% YoY), net profit of 1.39 billion yuan (YoY +376.9%), and deducted 13.0 billion non-net profit
Linglong Tire (601966) 23 Annual Report & 24 Quarterly Report Review: 24Q1 Performance Continues High Growth, Serbian Project Gradually Starts Production
Incident 1: The company released its 2023 annual report. In 2013, the company achieved operating income of 20.2 billion yuan, +19% year-on-year, and net profit to mother of 1.4 billion yuan, +377% year-on-year; of these, Q4 achieved operating income of 56 billion yuan in a single quarter
Linglong Tire (601966): The industry continues to be prosperous, and we are looking forward to the expansion of Serbian factories
Core idea In 2023, the company achieved net profit of 1.39 billion yuan, +377% year-on-year, and achieved net profit of 441 million yuan in 24Q1, +106% year-on-year and +2.3% month-on-month. 23 years of tire domestic demand repair,
Linglong Tire (601966) review: The performance is in line with expectations, and the increase in production in Serbia and the increase in domestic operating rates contributed to a 24-year increase
Investment highlights: The company released its 2023 annual report and 2024 quarterly report: According to the announcement, 1) Achieved revenue of 20.065 billion yuan (YoY +18.6%) in 2023, and achieved a net profit of 13.91 billion yuan (YoY +18.6%)
Shandong Linglong Tyre Co.,Ltd. Just Missed Revenue By 16%: Here's What Analysts Think Will Happen Next
Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) shareholders are probably feeling a little disappointed, since its shares fell 7.3% to CN¥22.52 in the week after its latest quarterly results. Reve
Linglong Tire (601966): Performance is in line with expectations in 24 years, the Serbian factory has achieved full strength
Guide to this report: The company's performance is in line with expectations, and the 24-year increase in the Serbian project is clear. With the release of medium- to long-term production capacity, support and replacement efforts, and continued R&D, the company's performance is expected to continue to grow. Key investment points: maintaining “increasing holdings”
Guohai Securities released a research report on April 25 stating that it gave Linglong Tire (601966.SH) a purchase rating. The main reasons for the rating include: 1) tire boom continued, production and sales increased year-on-year; 2) net profit increase
Guohai Securities released a research report on April 25 stating that it gave Linglong Tire (601966.SH) a purchase rating. The main reasons for the rating include: 1) tire boom continued, production and sales increased year-on-year; 2) net profit increased month-on-month in the first quarter, and financial expenses rose significantly. (Mainichi Keizai Shimbun)
Shandong Linglong TyreLtd (SHSE:601966) Might Be Having Difficulty Using Its Capital Effectively
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasi
Guojin Securities released a research report on April 25 stating that it gave Linglong Tire (601966.SH) a purchase rating. The main reasons for the rating include: 1) the industry continues to be booming; while the company's tire production and sales are
Guojin Securities released a research report on April 25 stating that it gave Linglong Tire (601966.SH) a purchase rating. The main reasons for the rating include: 1) the industry continues to be booming; while the company's tire production and sales are improving steadily, profits continue to recover; 2) while firmly promoting the global layout while further diversifying the product range, the Serbian base has begun to expand. (Mainichi Keizai Shimbun)
Linglong Tire (601966): Performance is in line with expectations, support continues to break through, and the company's profitability has recovered significantly
Event: 1) The company achieved revenue of 20.065 billion yuan in 2023, +18.58% year over year; realized net profit of 1,391 billion yuan, +376.88% year over year; realized net profit after deduction of 1,295 billion yuan
Linglong Tyre to Apply for Credit of Up to 11.8 Billion Yuan; Shares Down 5%
Shandong Linglong Tyre (SHA:601966) plans to apply for credit amounting to up to 11.8 billion yuan to fund its operations in 2024, according to a Wednesday filing with the Shanghai Stock Exchange. The
Shandong Linglong Tyre's Sales Revenue Jumps 33%; Shares Down 5%
Shandong Linglong Tyre (SHA:601966) earned 5.64 billion yuan from selling tires in the fourth quarter of 2023, up 33.4% from a year earlier, according to the company's disclosure on the Shanghai Stock
Linglong Tire (601966): Performance is in line with expectations, supporting profits continue to improve
FY23 and 1Q24 results are in line with our expectations. The company announced FY23 and 1Q24 results: FY23 revenue of $20.065 billion, +18.6% year over year; net profit to mother of $1,391 billion, year-on-year +
Linglong Tire (601966) 2023 Annual Report and 2024 Quarterly Report Review: 2024Q1 profit increased year-on-year, optimistic about the increase in Serbian factory contributions
Event: On April 25, 2024, Linglong Tire released the 2023 Annual Report and 2024 First Quarter Report: Achieved operating revenue of 20.065 billion yuan in 2023, an increase of 18.58% over the previous year; in fact
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