Triangle Tyre Co Ltd
Triangle Tyre Co.,Ltd engages in the research and development, design, manufacture, and marketing of tire products in China. The company's products include passenger tires, engineering tires, jumbo tires, truck and bus tires, off-the-road tires, commercial vehicle tires, and radial tires, as well as specialty tires. It provides its products through branches, as well as dealers and online in North… Read more
Market Cap & Net Worth: Triangle Tyre Co Ltd (601163)
Triangle Tyre Co Ltd (SHG:601163) has a market capitalization of $1.63 Billion (CN¥11.99 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #9668 globally and #2038 in its home market, demonstrating a 1.35% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Triangle Tyre Co Ltd's stock price CN¥14.99 by its total outstanding shares 800000000 (800.00 Million).
Triangle Tyre Co Ltd Market Cap History: 2016 to 2026
Triangle Tyre Co Ltd's market capitalization history from 2016 to 2026. Data shows change from $3.23 Billion to $1.63 Billion (-6.25% CAGR).
Triangle Tyre Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Triangle Tyre Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.16x
Triangle Tyre Co Ltd's market cap is 0.16 times its annual revenue
0.42x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
1.49x
Triangle Tyre Co Ltd's market cap is 1.49 times its annual earnings
7.15x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $3.23 Billion | $6.71 Billion | $825.08 Million | 0.48x | 3.91x |
| 2017 | $1.97 Billion | $7.92 Billion | $483.47 Million | 0.25x | 4.07x |
| 2018 | $1.10 Billion | $7.51 Billion | $483.04 Million | 0.15x | 2.27x |
| 2019 | $1.53 Billion | $7.94 Billion | $847.17 Million | 0.19x | 1.81x |
| 2020 | $1.65 Billion | $8.54 Billion | $1.06 Billion | 0.19x | 1.55x |
| 2021 | $1.44 Billion | $8.95 Billion | $600.41 Million | 0.16x | 2.40x |
| 2022 | $1.31 Billion | $9.22 Billion | $737.64 Million | 0.14x | 1.78x |
| 2023 | $1.57 Billion | $10.42 Billion | $1.40 Billion | 0.15x | 1.13x |
| 2024 | $1.64 Billion | $10.16 Billion | $1.10 Billion | 0.16x | 1.49x |
Competitor Companies of 601163 by Market Capitalization
Companies near Triangle Tyre Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Triangle Tyre Co Ltd by market ranking:
- O’Reilly Automotive Inc (NASDAQ:ORLY): Ranked #277 globally with a market cap of $75.46 Billion USD.
- AutoZone Inc (NYSE:AZO): Ranked #378 globally with a market cap of $57.62 Billion USD.
- Bridgestone Corporation (PINK:BRDCF): Ranked #767 globally with a market cap of $26.13 Billion USD.
- DENSO Corporation (PINK:DNZOF): Ranked #1038 globally with a market cap of $18.84 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #277 | O’Reilly Automotive Inc | NASDAQ:ORLY | $75.46 Billion | $90.46 |
| #378 | AutoZone Inc | NYSE:AZO | $57.62 Billion | $3488.88 |
| #767 | Bridgestone Corporation | PINK:BRDCF | $26.13 Billion | $42.48 |
| #1038 | DENSO Corporation | PINK:DNZOF | $18.84 Billion | $10.60 |
Triangle Tyre Co Ltd Historical Marketcap From 2016 to 2026
Between 2016 and today, Triangle Tyre Co Ltd's market cap moved from $3.23 Billion to $ 1.63 Billion, with a yearly change of -6.25%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.63 Billion | +4.90% |
| 2025 | CN¥1.56 Billion | -5.18% |
| 2024 | CN¥1.64 Billion | +4.58% |
| 2023 | CN¥1.57 Billion | +19.94% |
| 2022 | CN¥1.31 Billion | -9.17% |
| 2021 | CN¥1.44 Billion | -12.38% |
| 2020 | CN¥1.65 Billion | +7.48% |
| 2019 | CN¥1.53 Billion | +39.47% |
| 2018 | CN¥1.10 Billion | -44.24% |
| 2017 | CN¥1.97 Billion | -38.99% |
| 2016 | CN¥3.23 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Triangle Tyre Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.63 Billion USD |
| MoneyControl | $1.63 Billion USD |
| MarketWatch | $1.63 Billion USD |
| marketcap.company | $1.63 Billion USD |
| Reuters | $1.63 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.