Triangle Tyre Co., Ltd

Shanghai Stock Exchange 601163.SS

Triangle Tyre Co., Ltd Gross Profit Margin for the year ending December 31, 2023: 21.08%

Triangle Tyre Co., Ltd Gross Profit Margin is 21.08% for the year ending December 31, 2023, a 42.13% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Triangle Tyre Co., Ltd Gross Profit Margin for the year ending December 31, 2022 was 14.83%, a -15.39% change year over year.
Triangle Tyre Co., Ltd Gross Profit Margin for the year ending December 31, 2021 was 17.53%, a -31.04% change year over year.
Triangle Tyre Co., Ltd Gross Profit Margin for the year ending December 31, 2020 was 25.42%, a 11.06% change year over year.
Triangle Tyre Co., Ltd Gross Profit Margin for the year ending December 31, 2019 was 22.89%, a 7.28% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Shanghai Stock Exchange: 601163.SS

Triangle Tyre Co., Ltd

CEO	Mr. Xiaobin Lin
IPO Date	Sept. 9, 2016
Location	China
Headquarters	56 Qingdao Middle Road
Employees	5,723
Sector	Consumer Discretionary
Industries Automotive Parts Advertising & Marketing Automobiles & Vehicles

Description

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.

Key trends

Past 5 years