601163
vs
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Shanghai Composite
601163
Over the past 12 months, Triangle Tyre Co Ltd has underperformed Shanghai Composite, delivering a return of -4% compared to the Shanghai Composite's +15% growth.
Stocks Performance
601163 vs Shanghai Composite
Performance Gap
601163 vs Shanghai Composite
Performance By Year
601163 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Triangle Tyre Co Ltd
Glance View
In the bustling industrial hub of Weihai, Shandong Province, Triangle Tyre Co., Ltd. has carved out a significant presence as one of China's leading tire manufacturers. Since its inception in 1976, the company has grown exponentially, rooted in its commitment to innovation and quality. Triangle Tyre specializes in the research, development, and production of a broad range of tires that cater to passenger vehicles, commercial trucks, and heavy-duty applications. Their state-of-the-art manufacturing facilities integrate advanced technologies, allowing for efficient operations and high-quality output. This precision in manufacturing ensures that Triangle Tyre meets the diverse needs of its global customer base, solidifying its reputation as a reliable player in the global tire industry. The company’s revenue primarily flows from selling its extensive portfolio of tire products, which includes specialty tires designed for various terrains and modern vehicles. By continuously investing in research and development, Triangle Tyre has positioned itself to offer innovative solutions like eco-friendly tires and high-performance options, appealing to both budget-conscious consumers and premium market segments. Exports form a crucial part of their business model, with a sprawling distribution network that extends across multiple continents. This global reach not only bolsters profits but also fortifies Triangle Tyre’s brand as a trusted name internationally. Through strategic partnerships, relentless innovation, and adaptive marketing, the company ensures consistent growth while navigating the competitive landscape of the tire industry.
