The company is well-known large-scale tire manufacturing, research and exports enterprise ranking top 500 large industrial enterprises. Company's core product is steel truck radial heavy duty tire, which is the state encouraged high-tech product. The company supplies tires to more than 30 auto makers including FAW, Chongqi, Volvo, Yutong, King Long. It also set up joint venture with the international tire giant Michelin to further enhance its competitive strength. The company owns well known brands of "Shuangqian" and "Huili" and products are currently sold abroad in more than 100 countries and regions. For years the company has been attaching efforts on restructuring and formed the multi-development mode of tire production as the main while expanding soap, battery and ink manufacturing as supplements.
Basic Information
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Director
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Director
Ownership Details
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41.99%
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17.21%
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1.48%
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1.37%
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1%
Subsidiaries
Double Coin Group Shanghai Tire Research Institute Co., Ltd.
100%
Double Coin Tire Group Co., Ltd.
100%
Double Coin Tire Group Shanghai Import and Export Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Shanghai Huayi Group Corporation Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-7.69%▼
Total operating revenue
-8.46%▼
Operating profit (EBIT)
-50%▼
Net Profit (Loss) for the Period
-53.19%▼
Operating Profit Margin (ROS)
-5.36%▼
Net Profit Margin
-4.68%▼
Return on Equity (ROE)
-6.96%▼
Debt to Equity Ratio
15.7%▲