Here's Why Guizhou TyreLtd (SZSE:000589) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we thi
Guizhou Tire (000589.SZ): A total cost of 29.9961 million yuan to buy back 5.3961 million shares
Gelonghui, May 31 | Guizhou Tire (000589.SZ) announced that as of May 31, 2024, the company had repurchased 5,396,100 shares of the company through a special stock repurchase securities account, accounting for 0.35% of the company's current total share capital. The highest transaction price was 5.96 yuan/share, the minimum transaction price was 4.74 yuan/share, and the total amount of capital used was 29.9961 million yuan (excluding transaction fees).
Guizhou Tire (000589.SZ): Currently, the truck and bus tires exported by the company to North America are mainly produced in the Vietnamese factory
Gelonghui, May 28 | Guizhou Tire (000589.SZ) said on the investor interactive platform that recently the US Department of Commerce announced the preliminary findings of the anti-dumping investigation against truck and bus tires imported from Thailand. Currently, the truck and bus tires exported by the company to North America are mainly produced in the Vietnamese factory, which has had no impact on the company.
Guizhou Tire (000589.SZ): Currently, 2 tire products suitable for drones have been provided to relevant OEMs in small quantities
Gelonghui, May 28 | Guizhou Tire (000589.SZ) said on the investor interactive platform that the company attaches importance to product innovation. Currently, there are 2 tire products suitable for drones, which have been provided with a small number of sample tires to relevant OEMs and are in the installation test phase. The products involved account for a very small proportion of the company's total products and have little impact on the company's operating performance.
Guizhou Tire (000589.SZ): The current rise in shipping prices has not had a significant impact on the company
Gelonghui, May 24 | Guizhou Tire (000589.SZ) said on the investor interactive platform that most of the company's overseas orders are FOB models, and the current rise in shipping prices has not had a significant impact on the company. The company will continue to pay attention to the trend of shipping prices and their impact on the company's specific business, and take effective countermeasures when necessary to maintain the steady operation of the company.
Guizhou Tire (000589.SZ) 2023 equity distribution: 2 yuan for every 10 shares
Guizhou Tire (000589.SZ) issued an announcement. The company's 2023 equity distribution plan is: Based on the company's existing...
Investors Will Want Guizhou TyreLtd's (SZSE:000589) Growth In ROCE To Persist
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increas
Guizhou Tire (000589.SZ): Zazuo base still has more than 300 acres of unused land
Ge Longhui May 10 丨 Guizhou Tire (000589.SZ) held a performance briefing on May 9, 2024. Regarding “How many places can your company Zazuo expand production capacity at present? How many more acres of 2,300 acres are useless?” The company replied that the company's Zazuo base still has more than 300 acres of unused land.
Guizhou Tire (000589.SZ): The fourth phase of the Zazuo project is being built in two stages. The first phase has an annual production capacity of 200,000 pieces
Gelonghui, May 10, 丨 Guizhou Tire (000589.SZ) held a performance briefing on May 9, 2024, to ask, “How much is the company's current production capacity of Zazuo Phase IV?” The company replied that the fourth phase of the company's Zazuo project was built in two stages. According to capacity tests, the first phase had an annual production capacity of 200,000 bars.
Guizhou Tire (000589.SZ): Currently, the production capacity of giant tires is about 300 pieces per month
Gelonghui May 10 | Guizhou Tire (000589.SZ) held a performance briefing on May 9, 2024 to discuss “How much is the current monthly production capacity of the company's giant tires?” The company replied that currently the company has a production capacity of about 300 giant tires per month.
Guizhou Tire (000589.SZ): cumulative repurchase of 5.3961 million shares of the company
On May 5, Ge Longhui | Guizhou Tire (000589.SZ) announced that as of April 30, 2024, the company had repurchased 5.3961 million shares of the company's shares through a special stock repurchase account, accounting for 0.35% of the company's current total share capital. The highest transaction price was 5.96 yuan/share, the minimum transaction price was 4.74 yuan/share, and the total amount of capital used was 29.9961 million yuan (excluding transaction fees). The source of capital for this share repurchase is the company's own capital, and the repurchase price did not exceed 9.00 yuan/share (inclusive). This repurchase complies with the requirements of relevant laws and regulations and complies with
Additional Considerations Required While Assessing Guizhou TyreLtd's (SZSE:000589) Strong Earnings
Unsurprisingly, Guizhou Tyre Co.,Ltd.'s (SZSE:000589) stock price was strong on the back of its healthy earnings report. However, we think that shareholders may be missing some concerning details in
Guizhou Tire (000589.SZ): No products suitable for flying cars
Gelonghui, April 22 | Guizhou Tire (000589.SZ) said on the investor interactive platform that currently the company's main products are road tires (truck and bus tires), non-highway tires (construction machinery tires, agricultural machinery tires, industrial vehicle (including solid) tires, and special tires (such as heavy off-road tires, light rail driving tires, desert transport tires, etc.). There are no products suitable for flying cars.
Guizhou TyreLtd's (SZSE:000589) 16% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And in our experience, buying the right stocks can give your weal
Guizhou Tyre to Pay Second-Year Interest of 1.8 Million Yuan Convertible Bonds
Chinese commercial vehicle tire supplier Guizhou Tyre (SHE:000589) will pay the interest for the second year of convertible corporate bonds worth 1.8 million yuan, according to the company's disclosur
Guizhou Tire (000589.SZ): The first phase of the carbon black project with an annual output of 50,000 tons was completed in the second half of 2022
Gelonghui, April 10 | Guizhou Tire (000589.SZ) said on the investor interactive platform that the first phase of the company's carbon black project with an annual output of 50,000 tons was completed in the second half of 2022. The second phase of the carbon black phase project with an annual output of 50,000 tons completed preliminary procedures and officially began construction in August last year. Currently, the project is progressing smoothly. Equipment procurement and equipment installation are being carried out in an orderly manner. Trial production is expected to begin in the second quarter of this year.
Guizhou Tyre Co.,Ltd.'s (SZSE:000589) Low P/E No Reason For Excitement
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 31x, you may consider Guizhou Tyre Co.,Ltd. (SZSE:000589) as a highly attractive investment with its 8.7x P/E
Guizhou Tire (000589.SZ): Currently, there are 2 tire products suitable for 0.5-ton drones involving products that account for a very small proportion of the company's total products
Gelonghui March 26 | Guizhou Tire (000589.SZ) said on the investor interactive platform that the company currently has 2 tire products suitable for 0.5-ton drones. It has provided a small number of sample tires to relevant OEMs and is in the installation test flight stage. The products involved account for a small proportion of the company's total product volume.
Guizhou Tire (000589.SZ): The company currently has not established a financial sharing center
Gelonghui March 22丨Guizhou Tire (000589.SZ) said on the investor interactive platform that the company has not established a financial sharing center at present.
Guizhou Tyre to Build Vietnamese Automated Factory for $228 Million
Guizhou Tyre (SHE:000589) said it plans to invest $227.8 million to build an automated production plant in Vietnam, the company said Wednesday. The factory will produce 6 million semi-steel radial tir
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