← Shandong Linglong Tyre overview

Shandong Linglong Tyre vs Goodyear Tire & Rubber: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Shandong Linglong Tyre Co Ltd (601966.CG)

Q3 2026
▲2▼2

Linglong's profit crushed by FX and rubber costs, buybacks and price hikes offset

  • H1 profit collapses on FX loss First-half 2026 net profit fell 87% to 110 million yuan, and non-GAAP profit plunged 99.3% to 5.55 million yuan. The main cause was a 342 million yuan exchange loss as the yuan strengthened, versus a 691 million yuan gain a year earlier. This weak result weighs on the stock.

    The profit collapse is the core negative force driving the stock down.

  • Rubber costs surge, squeezing margins Natural rubber prices hit a nine-year high, up over 32% this year, while carbon black and synthetic rubber also jumped. Raw materials are over 70% of tire costs, and these increases have outpaced selling prices, pressuring Linglong's gross margin. This cost squeeze hurts earnings.

    Rising raw material costs are a major ongoing headwind for profitability.

  • Tire price hikes help offset costs Linglong joined the fourth round of industry-wide tire price increases this year, raising all product categories by 2% to 5%. These hikes aim to pass rising raw material costs to customers, which could support revenue and margins if demand holds.

    Price increases are a positive offset to cost inflation and support earnings.

  • Buybacks signal confidence Linglong repurchased 5.54 million shares for about 60 million yuan by September 30, up from 1.85 million shares in July. Buybacks reduce shares outstanding and show management's belief that the stock is undervalued, offering some price support.

    Share repurchases are a positive capital action that can support the stock price.

August 2026
▲2▼2

Linglong's profit crushed by FX and rubber costs, buybacks and price hikes offset

  • H1 profit collapses on FX loss First-half 2026 net profit fell 87% to 110 million yuan, and non-GAAP profit plunged 99.3% to 5.55 million yuan. The main cause was a 342 million yuan exchange loss as the yuan strengthened, versus a 691 million yuan gain a year earlier. This weak result weighs on the stock.

    The profit collapse is the core negative force driving the stock down.

  • Rubber costs surge, squeezing margins Natural rubber prices hit a nine-year high, up over 32% this year, while carbon black and synthetic rubber also jumped. Raw materials are over 70% of tire costs, and these increases have outpaced selling prices, pressuring Linglong's gross margin. This cost squeeze hurts earnings.

    Rising raw material costs are a major ongoing headwind for profitability.

  • Tire price hikes help offset costs Linglong joined the fourth round of industry-wide tire price increases this year, raising all product categories by 2% to 5%. These hikes aim to pass rising raw material costs to customers, which could support revenue and margins if demand holds.

    Price increases are a positive offset to cost inflation and support earnings.

  • Buybacks signal confidence Linglong repurchased 5.54 million shares for about 60 million yuan by September 30, up from 1.85 million shares in July. Buybacks reduce shares outstanding and show management's belief that the stock is undervalued, offering some price support.

    Share repurchases are a positive capital action that can support the stock price.

Latest
▲2▼2

Linglong's profit crushed by FX and rubber costs, buybacks and price hikes offset

  • H1 profit collapses on FX loss First-half 2026 net profit fell 87% to 110 million yuan, and non-GAAP profit plunged 99.3% to 5.55 million yuan. The main cause was a 342 million yuan exchange loss as the yuan strengthened, versus a 691 million yuan gain a year earlier. This weak result weighs on the stock.

    The profit collapse is the core negative force driving the stock down.

  • Rubber costs surge, squeezing margins Natural rubber prices hit a nine-year high, up over 32% this year, while carbon black and synthetic rubber also jumped. Raw materials are over 70% of tire costs, and these increases have outpaced selling prices, pressuring Linglong's gross margin. This cost squeeze hurts earnings.

    Rising raw material costs are a major ongoing headwind for profitability.

  • Tire price hikes help offset costs Linglong joined the fourth round of industry-wide tire price increases this year, raising all product categories by 2% to 5%. These hikes aim to pass rising raw material costs to customers, which could support revenue and margins if demand holds.

    Price increases are a positive offset to cost inflation and support earnings.

  • Buybacks signal confidence Linglong repurchased 5.54 million shares for about 60 million yuan by September 30, up from 1.85 million shares in July. Buybacks reduce shares outstanding and show management's belief that the stock is undervalued, offering some price support.

    Share repurchases are a positive capital action that can support the stock price.

Goodyear Tire & Rubber Co (GT)

Q3 2026
▼2▲1

Goodyear's Turnaround Stalls as Losses, Debt and Cheap Imports Persist

  • Q2 loss and weak Americas demand Goodyear lost $0.61 per share in Q2, worse than expected, as Americas consumer replacement tire demand stayed weak. Revenue fell 4.8% from a year ago. Lower volumes meant fixed costs were spread over fewer tires, squeezing margins. This keeps pressure on the stock because profits remain elusive.

    The quarterly loss is the core financial result that directly weighs on GT's price.

  • Turnaround timeline extended; debt still above $7B Goodyear pushed back its Goodyear Forward targets after missing key goals. It lost $453 million in the first half on just $131 million operating income. Debt remains above $7 billion. Tariffs, raw material costs and cheap Chinese tire imports are all hurting. The longer fix takes, the more investors worry.

    The extension of the turnaround and heavy debt are the biggest overhangs on the stock.

  • Exiting chemical business to cut costs Goodyear will close two chemical plants and exit its remaining chemical operations, cutting 85 jobs. It expects $15–$20 million in annual operating income improvement starting 2027, though it will take $55–$75 million in charges. This shows management is simplifying the business to focus on tires.

    This is a concrete cost-cutting step that could help margins and shows progress on the turnaround.

  • New board chair and controller change Goodyear elected Joe Hinrichs as board chairman, bringing industrial experience to oversee cost cuts and a premium-tire push. Separately, the controller resigned and a successor was named under a succession plan. Leadership changes are routine but could influence how fast the turnaround progresses.

    Board and management changes can affect execution of the turnaround, though the immediate impact is unclear.

September 2026
▼2▲1

Goodyear's Turnaround Stalls as Losses, Debt and Cheap Imports Persist

  • Q2 loss and weak Americas demand Goodyear lost $0.61 per share in Q2, worse than expected, as Americas consumer replacement tire demand stayed weak. Revenue fell 4.8% from a year ago. Lower volumes meant fixed costs were spread over fewer tires, squeezing margins. This keeps pressure on the stock because profits remain elusive.

    The quarterly loss is the core financial result that directly weighs on GT's price.

  • Turnaround timeline extended; debt still above $7B Goodyear pushed back its Goodyear Forward targets after missing key goals. It lost $453 million in the first half on just $131 million operating income. Debt remains above $7 billion. Tariffs, raw material costs and cheap Chinese tire imports are all hurting. The longer fix takes, the more investors worry.

    The extension of the turnaround and heavy debt are the biggest overhangs on the stock.

  • Exiting chemical business to cut costs Goodyear will close two chemical plants and exit its remaining chemical operations, cutting 85 jobs. It expects $15–$20 million in annual operating income improvement starting 2027, though it will take $55–$75 million in charges. This shows management is simplifying the business to focus on tires.

    This is a concrete cost-cutting step that could help margins and shows progress on the turnaround.

  • New board chair and controller change Goodyear elected Joe Hinrichs as board chairman, bringing industrial experience to oversee cost cuts and a premium-tire push. Separately, the controller resigned and a successor was named under a succession plan. Leadership changes are routine but could influence how fast the turnaround progresses.

    Board and management changes can affect execution of the turnaround, though the immediate impact is unclear.

Latest
▼2▲1

Goodyear's Turnaround Stalls as Losses, Debt and Cheap Imports Persist

  • Q2 loss and weak Americas demand Goodyear lost $0.61 per share in Q2, worse than expected, as Americas consumer replacement tire demand stayed weak. Revenue fell 4.8% from a year ago. Lower volumes meant fixed costs were spread over fewer tires, squeezing margins. This keeps pressure on the stock because profits remain elusive.

    The quarterly loss is the core financial result that directly weighs on GT's price.

  • Turnaround timeline extended; debt still above $7B Goodyear pushed back its Goodyear Forward targets after missing key goals. It lost $453 million in the first half on just $131 million operating income. Debt remains above $7 billion. Tariffs, raw material costs and cheap Chinese tire imports are all hurting. The longer fix takes, the more investors worry.

    The extension of the turnaround and heavy debt are the biggest overhangs on the stock.

  • Exiting chemical business to cut costs Goodyear will close two chemical plants and exit its remaining chemical operations, cutting 85 jobs. It expects $15–$20 million in annual operating income improvement starting 2027, though it will take $55–$75 million in charges. This shows management is simplifying the business to focus on tires.

    This is a concrete cost-cutting step that could help margins and shows progress on the turnaround.

  • New board chair and controller change Goodyear elected Joe Hinrichs as board chairman, bringing industrial experience to oversee cost cuts and a premium-tire push. Separately, the controller resigned and a successor was named under a succession plan. Leadership changes are routine but could influence how fast the turnaround progresses.

    Board and management changes can affect execution of the turnaround, though the immediate impact is unclear.