Qingdao Doublestar Co Ltd

SHE:000599 China Auto Parts
Market Cap
$724.67 Million
CN¥5.32 Billion CNY
Market Cap Rank
#10806 Global
#2444 in China
Share Price
CN¥6.51
Change (1 day)
-1.66%
52-Week Range
CN¥4.28 - CN¥7.88
All Time High
CN¥9.78
About

Qingdao Doublestar Co.,Ltd engages in manufacturing and sales of tires in China and internationally. The company was founded in 1921 and is headquartered in Qingdao, China.

Qingdao Doublestar Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 0.00%

Qingdao Doublestar Co Ltd (000599) has an Asset Resilience Ratio of 0.00% as of September 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¥239.57K
Cash + Short-term Investments
Total Assets
CN¥9.23 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1995–2023)

This chart shows how Qingdao Doublestar 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 Qingdao Doublestar 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¥239.57K 0.0%
Total Liquid Assets CN¥239.57K 0.00%

Asset Resilience Insights

  • Limited Liquidity: Qingdao Doublestar Co Ltd maintains only 0.00% 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.

Qingdao Doublestar Co Ltd Industry Peers by Asset Resilience Ratio

Compare Qingdao Doublestar Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
iQ International AG
F:IQL
Auto Parts 3.44%
Daewonkangup
KO:000430
Auto Parts 1.07%
Wanxiang Qianchao Co Ltd
SHE:000559
Auto Parts 0.00%
Weifu High-Technology Group Co Ltd
SHE:000581
Auto Parts 5.84%
Gui Zhou Tyre Co Ltd
SHE:000589
Auto Parts 1.28%
Hengli Industrial Development Group Co Ltd
SHE:000622
Auto Parts -0.02%
Xiangyang Automobile Bearing Co Ltd
SHE:000678
Auto Parts 0.04%
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
Auto Parts 1.71%

Annual Asset Resilience Ratio for Qingdao Doublestar Co Ltd (1995–2023)

The table below shows the annual Asset Resilience Ratio data for Qingdao Doublestar Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% CN¥152.74K CN¥9.78 Billion -0.01pp
2022-12-31 0.01% CN¥981.42K CN¥9.86 Billion -0.11pp
2019-12-31 0.12% CN¥12.15 Million CN¥9.88 Billion +0.08pp
2018-12-31 0.04% CN¥3.97 Million CN¥8.97 Billion +0.06pp
2017-12-31 -0.01% CN¥-1.25 Million CN¥8.38 Billion -0.04pp
2016-12-31 0.02% CN¥1.78 Million CN¥7.25 Billion -0.99pp
2015-12-31 1.02% CN¥60.00 Million CN¥5.90 Billion -5.91pp
2014-12-31 6.93% CN¥350.00 Million CN¥5.05 Billion +6.86pp
1995-12-31 0.06% CN¥139.00K CN¥215.68 Million --
pp = percentage points