In 2025, the tire industry as a whole will be in a pressure cycle characterized by high raw material prices, complex international trade environment, and frequent exchange rate fluctuations. Many companies are facing the test of profitability.
However, the 2025 annual report and the first quarter financial report of 2026 released by Senkilin showed rare operating resilience.
Even if short-term profits fluctuate due to the impact of the external environment, it still maintains a steady pace of development with its clear long-term strategy.
According to Senkilin’s 2025 annual report and 2026 first quarter report data, the company achieved total operating income of 8.612 billion yuan throughout the year, a slight year-on-year increase of 1.
19%, and the revenue side remains stable; revenue in the first quarter of 2026 was 2.082 billion yuan, a year-on-year increase of 1.27%, net cash flow from operating activities was 202 million yuan, a significant improvement year-on-year, and financial fundamentals continued to improve.
The value of this financial report lies not only in the ups and downs of short-term profits, but also clearly shows Sen Qilin’s core confidence in crossing the industry cycle.
Senqilin has already built the “China-Thailand-Morocco global production capacity golden triangle”.
As a global tire company with overseas revenue accounting for over 90%, the three major bases operate together to form an efficient and flexible global production capacity deployment system.
The base in Thailand is mature and stable, and continues to contribute solid benefits to the company; the annual production of 12 million high-performance semi-steel tires in Morocco is steadily ramping up, with sufficient customer orders. It is expected to achieve full production in 2026 according to the plan, relying on its location advantages to efficiently cover overseas core markets and accurately adapt to changes in the global trade pattern.
This forward-looking global layout allows Senqilin to always take the initiative in development in a complex external environment.
In the manufacturing field, Senkylin has the leading strength of national-level intelligent manufacturing.
With its full-process digital collaborative smart factory for high-end tires, the company was awarded the national “Excellent Smart Factory” in 2025. It is also the only Chinese tire company to win the national smart manufacturing award five times.
Intelligent manufacturing runs through the entire production process, effectively improving production efficiency, stabilizing product quality, and optimizing cost control. Even when raw material prices are under pressure, it can still maintain the bottom line of operations and lay a solid foundation for subsequent profit restoration.
High-end layout is Senkylin’s most recognizable core advantage.
After more than ten years of continuous investment in R&D, the company’s aviation tire business has achieved key breakthroughs. It has entered the supplier lists of Boeing and Airbus and completed batch supply of multi-specification products, becoming one of the few companies in the world with full-chain aviation tire capabilities.
The strict technical standards of aviation tires have reversely empowered the research and development and upgrading of civilian tires, promoted the optimization of products in the direction of large size and high performance, and helped Sentury to gain a foothold in the overseas high-end replacement market.
According to the company’s 2025 annual report, its products occupy approximately 6% of the replacement market in the United States and approximately 3% in Europe. It ranks firmly in the first echelon among Chinese tire brands, and its overseas brand influence continues to increase.
Judging from the details of the financial report, Senkilin’s profit fluctuations in 2025 are mainly affected by periodic external factors such as high levels of raw materials, depreciation of overseas factories being transferred to fixed assets, exchange and trade environment, and the company’s own operating foundation remains solid.
The asset-liability ratio will be 24.94% at the end of 2025, and the financial structure remains healthy; the output of semi-steel tires and all-steel tires has grown steadily throughout the year, the production and order side remain full, market demand has not shrunk, and core operating fundamentals continue to improve.
These two financial reports also highlight Sentury’s development direction in 2026, which will focus on the three core areas of production capacity release, efficiency improvement, and high-end breakthroughs throughout the year.
The Morocco factory will contribute new growth momentum after reaching full production, the Thailand base continues to tap potential and increase efficiency through intelligent transformation, high value-added businesses such as aviation tires are steadily expanding, and the intelligent manufacturing system will continue to promote the restoration of profitability.
From the perspective of industry development, Senkylin’s growth path confirms that long-term layout, deep technological cultivation, and global operations are the key logic for crossing the industry cycle.
In the critical stage of industry transformation and upgrading, solid global production capacity, leading intelligent manufacturing capabilities, and high-end technological breakthroughs jointly build the company’s core advantages for sustainable development.
The industry cycle is ups and downs, and long-term determination is far more important than short-term speed.
Senkylin has always adhered to long-termism and continuously consolidated the foundation for global, intelligent and high-end development.
With the steady release of overseas production capacity and the gradual improvement of the external operating environment, the company’s operating benefits and long-term value will continue to be realized, and this strategic determination not to be disturbed by short-term fluctuations is the key to maintaining its unique competitiveness in the tire industry.
