Risk factor
Very vulnerable to price shocks
Profitability factor
Favourable analyst view
About
Qingdao Sentury Tire Co., Ltd. is a Chinese enterprise that focuses on the design, manufacturing, and distribution of various tire products within the country. Their extensive portfolio includes tires for passenger vehicles, 4x4s, SUVs, and light commercial trucks. Additionally, the company provides specialized options such as winter, run-flat, field racing, and cross-country tires, alongside those for aviation use. These products are marketed under their proprietary SENTURY, LANDSAIL, DELINTE, and GROUNDSPEED brands. The company's main corporate office is located in Qingdao, China.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of 002984.SZ is 19.8 and suggests 51.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to