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Rubber Plastics
Cooper Tire & Rubber Company (CTB) is a publicly traded company that operates in the manufacturing and marketing of tires. The company is headquartered in Findlay, Ohio, and its stock is listed on the NYSE.
H-Share:
Cooper Tire & Rubber Company does not have H-shares, which are shares of mainland China-based companies that are traded on the Hong Kong Stock Exchange. H-shares are typically issued by Chinese companies as a way to raise capital internationally.
Earnings:
Cooper Tire & Rubber Company reported net sales of $2.6 billion and net income of $151 million for the full year 2020. The company's net sales decreased by 14.2% compared to the full year 2019, while the net income increased by 6.5%. The company's earnings per share for the full year 2020 were $2.52, compared to $2.31 in the full year 2019.
Growth:
Cooper Tire & Rubber Company's growth has been affected by the global COVID-19 pandemic and the related economic downturn, which has resulted in lower demand for the company's products. However, the company is well-positioned to benefit from the economic recovery as it continues to invest in its operations and product development.
In the long-term, the company's growth is expected to be driven by the increasing demand for tires in emerging markets, as well as the growing demand for high-value-added products such as tires for electric vehicles. Additionally, the company's focus on cost control, operational efficiency, and strategic acquisitions are expected to support its growth in the future.
It is important to note that stock prices and financial performance of companies can be affected by a variety of factors, and it is important to conduct thorough research and consider seeking advice from financial advisors before making investment decisions.