Shandong Linglong Tyre Co Ltd

Common Name
Shandong Linglong Tyre
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
17,783
Ticker
601966
Exchange
SHANGHAI STOCK EXCHANGE
Description
Shandong Linglong Tyre Co. Ltd. is a prominent player in the global tire manufacturing industry. This company focuses on the research, development, manufacturing, and sale of tires under various brand...

Shandong Linglong Tyre Energy Data Preview

In 2023, Shandong Linglong Tyre disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Shandong Linglong Tyre also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Shandong Linglong Tyre also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Shandong Linglong Tyre also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Shandong Linglong Tyre's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Shandong Linglong Tyre's Energy Renewability

In 2023, Shandong Linglong Tyre consumed a total of 6.67 million Gigajoules of energy across its operations. Of this total, 3.38% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 96.62% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Shandong Linglong Tyre's Energy Renewability Rate

3%

How much of Shandong Linglong Tyre's energy consumed is renewable?

In 2023, Shandong Linglong Tyre consumed a total of 6.67 million Gigajoules of energy, of which 3.38% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Shandong Linglong Tyre has considerable room to improve its energy sustainability strategy.

Are Shandong Linglong Tyre's energy practices becoming more sustainable?

Since 2021, Shandong Linglong Tyre's total energy consumption increased by 5.34%, including a 18.37% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy in Shandong Linglong Tyre's consumption increased by 246.16%, including a 71.87% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Shandong Linglong Tyre has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.

Shandong Linglong Tyre's Renewable vs Non-renewable Energy Over Time

3.02 M1.02 M979.12 k3.02 MGigajoules (GJ)20212022202398%96%92%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Shandong Linglong Tyre's Energy Consumption & Production Mix

In 2023, Shandong Linglong Tyre disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Shandong Linglong Tyre's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Shandong Linglong Tyre's Energy Consumed by Sources and Technologies

Solar Energy andElectricity(Unspecified Source)(56.9%)Steam(Unspecified Source)(39.8%)

What are the main sources and generation technologies behind Shandong Linglong Tyre's energy consumption?

In 2023, Shandong Linglong Tyre's total energy consumption was primarily sourced from

  • Solar Energy and Electricity (Unspecified Source) (56.89%)
  • Steam (Unspecified Source) (39.85%)
  • Solar Energy (3.27%)

How diverse is Shandong Linglong Tyre’s energy consumption mix?

In 2023, Shandong Linglong Tyre consumed energy from 2 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

What are the main sources or generation technologies used by Shandong Linglong Tyre to produce energy?

In 2023, Shandong Linglong Tyre's energy production came primarily from

  • Solar Energy (100%)

How diverse is Shandong Linglong Tyre’s energy production mix?

In 2023, Shandong Linglong Tyre produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.

Shandong Linglong Tyre's Energy Produced by Sources and Technologies

Solar Energy(100.0%)

Insights into Shandong Linglong Tyre's Energy Inflows & Self-Sufficiency

In 2023, Shandong Linglong Tyre reported total energy inflows of 2.97 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 2.75 million Gigajoules purchased from external suppliers and 225,189 Gigajoules generated through internal production. This corresponds to a production share of 7.58%, reflecting a 328.15% percentage point increase from the previous year (2022) and a 525.4% percentage point increase since 2021.

These consistent increases, both year-over-year and over the longer term, suggest that Shandong Linglong Tyre is actively strengthening its energy autonomy. The company appears to be making deliberate, sustained investments in internal energy production, possibly to improve energy security, reduce reliance on volatile external markets, or support broader sustainability goals.

Shandong Linglong Tyre's Energy Purchased vs Produced Over Time

2021202220230750 k1.5 M2.25 M3 MGigajoules (GJ)4%8%98%96%92%
  • Total Energy Produced
  • Total Energy Purchased
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