Gui Zhou Tyre Co Ltd

SHE:000589 China Auto Parts
Market Cap
$1.05 Billion
CN¥7.70 Billion CNY
Market Cap Rank
#8169 Global
#1511 in China
Share Price
CN¥4.95
Change (1 day)
-0.80%
52-Week Range
CN¥4.34 - CN¥5.23
All Time High
CN¥7.60
About

Guizhou Tyre Co.,Ltd. engages in the research, development, production, and sale of tires in China. The company offers tires for truck/passenger cars, OTRs, agricultural and forestry machineries, industrial vehicles, trailers, and mining machineries, as well as solid and special tires under the Advance, Samson, Tornado, Chinhoo, and Jingang brands. It also provides loader, bulldozer, roller, sand… Read more

Gui Zhou Tyre Co Ltd - Asset Resilience Ratio

Latest as of June 2025: 1.28%

Gui Zhou Tyre Co Ltd (000589) has an Asset Resilience Ratio of 1.28% as of June 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
CN¥229.88 Million
Cash + Short-term Investments
Total Assets
CN¥17.90 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1996–2024)

This chart shows how Gui Zhou Tyre Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Gui Zhou Tyre Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥229.88 Million 1.28%
Total Liquid Assets CN¥229.88 Million 1.28%

Asset Resilience Insights

  • Limited Liquidity: Gui Zhou Tyre Co Ltd maintains only 1.28% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Gui Zhou Tyre Co Ltd Industry Peers by Asset Resilience Ratio

Compare Gui Zhou Tyre Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Prima Alloy Steel Universal
JK:PRAS
Auto Parts 0.17%
Cho Kwang Leat
KO:004700
Auto Parts 0.04%
FAWER Automotive Parts Ltd Co
SHE:000030
Auto Parts 1.23%
Daewonkangup
KO:000430
Auto Parts 1.07%
Wanxiang Qianchao Co Ltd
SHE:000559
Auto Parts 0.00%
Qingdao Doublestar Co Ltd
SHE:000599
Auto Parts 0.00%
Hengli Industrial Development Group Co Ltd
SHE:000622
Auto Parts -0.02%
Xiangyang Automobile Bearing Co Ltd
SHE:000678
Auto Parts 0.04%

Annual Asset Resilience Ratio for Gui Zhou Tyre Co Ltd (1996–2024)

The table below shows the annual Asset Resilience Ratio data for Gui Zhou Tyre Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 1.16% CN¥208.90 Million CN¥18.02 Billion +2.06pp
2023-12-31 -0.90% CN¥-159.15 Million CN¥17.68 Billion +2.33pp
2022-12-31 -3.23% CN¥-508.62 Million CN¥15.76 Billion -2.63pp
2021-12-31 -0.59% CN¥-76.37 Million CN¥12.88 Billion -1.73pp
2020-12-31 1.14% CN¥130.83 Million CN¥11.52 Billion +2.16pp
2019-12-31 -1.03% CN¥-107.97 Million CN¥10.52 Billion -6.50pp
2018-12-31 5.47% CN¥573.41 Million CN¥10.48 Billion +5.44pp
2008-12-31 0.03% CN¥1.32 Million CN¥4.02 Billion -0.32pp
1997-12-31 0.35% CN¥4.99 Million CN¥1.42 Billion +0.16pp
1996-12-31 0.19% CN¥2.00 Million CN¥1.03 Billion --
pp = percentage points