Shandong Linglong Tyre News

Linglong Tire (601966.SH): The company's semi-steel production and sales are strong, and the capacity utilization rate is at full capacity

Gelonghui, May 21丨Linglong Tire (601966.SH) said on the investor interactive platform, 1. Previously, the company transferred some molds (not equipment) corresponding to US all-steel orders to Serbia according to the plan. Currently, the initial tariff rate is very low, and molds that have not yet been transferred will continue to be produced and supplied to the US market in Thailand. Those that have already reached the Serbian factory in the early stages will stay in Serbia for the time being, and research and adjustments will be made after the anti-dumping situation is clear. 2. The company's semi-steel production and sales are strong, and the capacity utilization rate is at full capacity. 3. The company's Changchun base has reached 6 million/year for semi-steel and 1.2 million for all steel

Gelonghui FinanceMay 21 06:51 ET

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

Simply Wall StMay 12 20:41 ET

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

Gelonghui FinanceMay 9 04:41 ET

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

Simply Wall StApr 26 20:31 ET

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

Simply Wall StApr 25 20:30 ET

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

MT NewswiresApr 25 01:12 ET

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

MT NewswiresApr 25 00:57 ET

Gelonghui Announcement Selection | Southern Media: Net profit increased by 34.39% year-on-year in 2023, plans to distribute 10 to 5.40 yuan; Guangxi Energy: plans to invest 1,418 billion yuan to build an eight-step Shangcheng wind farm project

[Contract won] Hengshang Energy Saving (603137.SH): Hengshang Energy Saving (603137.SH), which won the bid for the Pujiang Laboratory permanent housing project, was announced and recently received a notice of winning bid from China Construction Eighth Engineering Bureau Co., Ltd. Project name: The curtain wall project for the Pujiang Laboratory permanent housing project, with a bid amount of 128.5854 million yuan. Tunnel Co., Ltd. (600820.SH): The consortium won the bid for Tunnel Shares (600820.SH) for the Nanshan Xinchuangyuan and surrounding infrastructure construction project in Fenghua District. Recently, a wholly-owned subsidiary of Shanghai Tunnel Engineering Co., Ltd. —

Gelonghui FinanceApr 24 11:34 ET

Linglong Tire (601966.SH): Net profit in 2023 increased 376.88% year-on-year, and plans to pay 10 2.86 yuan

Gelonghui, April 24, 丨 Linglong Tire (601966.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 20.065 billion yuan, an increase of 18.58%; net profit attributable to shareholders of listed companies was 1,391 billion yuan, an increase of 376.88%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1,295 billion yuan, an increase of 622.52% year on year; and basic earnings per share were 0.95 yuan. It is proposed to distribute a cash dividend of 2.86 yuan (tax included) for every 10 shares to all shareholders.

Gelonghui FinanceApr 24 04:34 ET

At CN¥20.92, Is Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) Worth Looking At Closely?

Shandong Linglong Tyre Co.,Ltd. (SHSE:601966), is not the largest company out there, but it saw a decent share price growth of 13% on the SHSE over the last few months. While good news for share

Simply Wall StApr 10 19:38 ET

Linglong Tire (601966.SH): Overseas demand is booming, the company's production capacity is limited, and some domestic factories are also allocating production capacity

Gelonghui, April 9 | Linglong Tire (601966.SH) said on the investor interactive platform that the company's Serbian Semi-Steel Phase 1 project of 4 million units was put into operation at the beginning of this year and is currently in the phase of trial production of new products and rapid capacity climbing; please pay attention to the regular reports disclosed by the company; overseas demand is booming, and the company's production capacity is limited, and some domestic factories are also allocating production capacity to increase the supply of export orders.

Gelonghui FinanceApr 9 04:42 ET

Linglong Tire (601966.SH): The low-altitude flying car business company has a relevant layout, and Xiaomi has completed the review of potential suppliers

Gelonghui, April 2 | Linglong Tire (601966.SH) said on the investor interactive platform that the low-altitude flying vehicle business company has a relevant layout and is also accelerating the large aircraft tire project; Xiaomi has completed the review of potential suppliers, and various businesses are progressing steadily, and there is no support yet.

Gelonghui FinanceApr 2 04:15 ET

Here's Why Shandong Linglong TyreLtd (SHSE:601966) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But the

Simply Wall StMar 21 21:42 ET

Linglong Tire (601966.SH): Starting April 1, the prices of all TBR and PCR brands in the domestic retail market will increase by 2% to 3%

Gelonghui, March 21丨Linglong Tire (601966.SH) said on the investor interactive platform, ① Currently, the company's domestic and foreign semi-steel orders continue to be popular, and the orders are indeed unmet. ② In terms of product prices, the company recently issued a price increase notice. Starting April 1, 2024, the prices of all TBR and PCR brands in the domestic retail market will increase by 2% to 3%.

Gelonghui FinanceMar 21 05:36 ET

Linglong Tire (601966.SH): At present, the company's domestic and foreign semi-steel orders continue to be popular, and orders are still in short supply

Gelonghui, March 18 | Linglong Tire (601966.SH) said on the investor interactive platform that at present, the company's domestic and foreign semi-steel orders continue to be booming, and orders are still in short supply.

Gelonghui FinanceMar 18 05:51 ET

Shandong Linglong Tyre's Profit Surges Fourfold in 2023; Shares Fall 4%

Shandong Linglong Tyre's (SHA:601966) attributable profit rose 374.7% or fourfold to 13.86 billion yuan in 2023 from 2.92 billion yuan in 2022, a Tuesday filing with the Shanghai Stock Exchange said.

MT NewswiresMar 11 22:48 ET

Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Shandong Linglong TyreLtd's (SHSE:601966) stock is up by a considerable 19% over the past three months. But the company's key financial indicators appear to be differing across the board and that ma

Simply Wall StMar 6 19:17 ET

Linglong Tire (601966.SH): The controlling shareholder proposes to increase the frequency of cash dividends in 2024 on the basis that the 2023 cash dividend accounts for no less than 30% of that year's net profit

Gelonghui, March 5, 丨 Linglong Tire (601966.SH) announced that it received the “Letter on Proposing the 2023 and 2024 Cash Dividends for Shandong Linglong Tire Co., Ltd.” submitted by Linglong Group Co., Ltd., the controlling shareholder of the company. It is proposed that the company increase the frequency of cash dividends in 2024 on the basis that the 2023 cash dividend accounts for at least 30% of the net profit attributable to shareholders of listed companies in the year, and that quarterly cash dividends be paid according to the company's profit situation and capital requirements, and that the total amount of cash dividends accounts for no less than 30% of the net profit attributable to shareholders of listed companies in the year. Gu

Gelonghui FinanceMar 5 03:12 ET

Linglong Tire (601966.SH): The company has raised product prices in some overseas markets

Gelonghui, March 4 | Linglong Tire (601966.SH) said on the investor interactive platform that the company has raised product prices in some overseas markets; currently, semi-steel orders continue to be hot, product supply is in short supply, and the utilization rate of all steel has not changed much; the first phase of the Serbian factory passenger car tire project has entered a normal state of production and operation, and production capacity is currently continuing to climb; the US anti-dumping review tax refund situation in Thailand will process tax rebates in accordance with relevant regulations.

Gelonghui FinanceMar 4 02:32 ET

Not Many Are Piling Into Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) Just Yet

There wouldn't be many who think Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) price-to-sales (or "P/S") ratio of 1.6x is worth a mention when the median P/S for the Auto Components industry in Chin

Simply Wall StFeb 20 19:05 ET