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Qingdao Sentury Tire: 2024 Annual Report
Qingdao Sentury Tire: 2025 First Quarter Report
Qingdao Sentury Tire: Summary of the 2024 Annual Report
Qingdao Sentury Tire (002984.SZ) announced its performance for the 2024 fiscal year, with a net income of 2.186 billion yuan, an increase of 59.74% year-on-year.
Qingdao Sentury Tire (002984.SZ) disclosed the annual report for 2024, during which the company achieved revenue of 8.511 billion...
Is Qingdao Sentury Tire Co., Ltd. (SZSE:002984) Potentially Undervalued?
Qingdao Sentury Tire (002984.SZ): The Moroccan factory, which will start large-scale production in 2025, has a significant comparative advantage in terms of tariffs for exporting to the USA compared to other countries and regions.
On April 9, Gelonghui reported that Qingdao Sentury Tire (002984.SZ) stated on the interactive platform that automotive tire products are rigid Consumer products for the USA market, mostly relying on imports, and the USA market is one of the company's main overseas sales markets. The company’s Morocco factory, which will begin large-scale production in 2025, has a significant comparative advantage in export tariffs to the USA market compared to other countries and regions, being closer to the high-end tire markets in Europe and the USA, with shorter transportation distances under the FOB model, providing better inventory management for customers. The future evolution of tariff policies is still to be observed, and the company is closely monitoring related trends while maintaining close communication with customers.