Triangle Tyre Co (601163) Fair Value & Analysis
Consumer Cyclical · CN · Market cap 10.6B CNY
Fair value as of: Aug 8, 2026
From 22 valuation models · updated 2 days ago
Fair value updated Aug 8, 2026, revised from ¥19.32 to ¥18.41 (−4.7%) since Jul 11, 2026. Share price +2.2% over the past month.
A solid business, screening 39% undervalued on our models.
What matters now
- The price is below even our cautious bear case (¥13.83). The market is more pessimistic than our downside scenario.
- Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.
How to read this chart
60‑month range ¥9.92 – ¥18.93 · fair‑value band ¥13.83 – ¥24.32 · the ¥13.23 price screens below the ¥18.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 8, 2026.
Analysis
Triangle Tyre Co (601163) currently trades at ¥13.23, while our model-based Fair Value estimate is ¥18.41, implying the stock looks roughly 39.2% undervalued today. The Quality Score stands at 60/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, Triangle Tyre Co generated revenue of 10.0B CNY at a net margin of 9.7%. Revenue grew 10.0% year over year. It earns a return on equity of 7.0%. The balance sheet holds a net cash position of 1.2B CNY. Fundamentals as of Aug 8, 2026
Our scenario range runs from ¥13.83 (bear case) to ¥24.32 (bull case); at ¥13.23, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 23% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 39%, 601163 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 22 models by family
Widest divergence: Multiples (¥19.61) versus Asset-Based (¥11.68). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 44
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
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.
Full company description
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 America, the Americas, Europe, Russia, Australia, the Middle East, Africa, and Southeast Asia. The company was founded in 1976 and is based in Weihai, China. Triangle Tyre Co.,Ltd is a subsidiary of Triangle Group Co., Ltd.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Triangle Tyre Co reported revenue of ¥9.8B in FY2025 versus ¥9.0B in FY2021, a compound +2.3%/yr. Reported net income was ¥923M in FY2025, compounding +11.3%/yr from FY2021.
Watch 601163: get an alert when its fair value changes →
Peer Group
Auto Parts · 642 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Auto Parts median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Hyundai Mobis Co 012330 | 482,000 KRW | 678,420 KRW | +41% |
| Magna International Inc MGAN | 1,122 MXN | 1,172 MXN | +4% |
| Samvardhana Motherson International Limited MOTHERSON | ₹144.17 | ₹80.63 | -44% |
| Bosch Limited BOSCHLTD | ₹41,110 | ₹14,004 | -66% |
| Bharat Forge Limited BHARATFORG | ₹2,117 | ₹441.74 | -79% |
| Uno Minda Limited UNOMINDA | ₹1,158 | ₹426.57 | -63% |
| Schaeffler India Limited SCHAEFFLER | ₹4,135 | ₹1,412 | -66% |
| Hankook Tire & Technology Co 161390 | 73,600 KRW | 196,479 KRW | +167% |
| MRF Limited MRF | ₹131,025 | ₹125,849 | -4% |
| Sona BLW Precision Forgings Limited SONACOMS | ₹792.00 | ₹207.06 | -74% |
Compare Triangle Tyre Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Frequently asked questions
Is Triangle Tyre Co (601163) overvalued or undervalued?
What is the fair value of 601163?
What is the quality score of 601163?
What is the revenue of Triangle Tyre Co (601163)?
What is the net profit margin of 601163?
Does Triangle Tyre Co pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Triangle Tyre Co and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.