Qingdao Sentury Tire Co Ltd

SHE:002984 China Auto Parts
Market Cap
$2.67 Billion
CN¥19.60 Billion CNY
Market Cap Rank
#6082 Global
#881 in China
Share Price
CN¥18.92
Change (1 day)
-0.99%
52-Week Range
CN¥18.33 - CN¥25.39
All Time High
CN¥33.07
About

Qingdao Sentury Tire Co., Ltd. engages in the development, production, and sale of tires primarily in China. It offers passenger car, light and heavy truck, racing car, motorsports, and aircraft tires under the SENTURY, LANDSAIL, DELINTE, and GROUNDSPEED brand name. The company was incorporated in 2007 and is based in Jimo, China.

Qingdao Sentury Tire Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 3.38%

Qingdao Sentury Tire Co Ltd (002984) has an Asset Resilience Ratio of 3.38% 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¥623.00 Million
Cash + Short-term Investments
Total Assets
CN¥18.44 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2024)

This chart shows how Qingdao Sentury Tire 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 Sentury Tire 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¥623.00 Million 3.38%
Total Liquid Assets CN¥623.00 Million 3.38%

Asset Resilience Insights

  • Limited Liquidity: Qingdao Sentury Tire Co Ltd maintains only 3.38% 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 Sentury Tire Co Ltd Industry Peers by Asset Resilience Ratio

Compare Qingdao Sentury Tire 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%
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 Qingdao Sentury Tire Co Ltd (2017–2024)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.24% CN¥40.99 Million CN¥17.42 Billion -1.11pp
2023-12-31 1.35% CN¥210.58 Million CN¥15.65 Billion +1.06pp
2022-12-31 0.29% CN¥31.72 Million CN¥11.12 Billion -12.23pp
2021-12-31 12.51% CN¥1.30 Billion CN¥10.40 Billion +10.56pp
2020-12-31 1.95% CN¥150.97 Million CN¥7.74 Billion +1.94pp
2018-12-31 0.02% CN¥1.01 Million CN¥6.29 Billion -0.07pp
2017-12-31 0.08% CN¥5.09 Million CN¥6.16 Billion --
pp = percentage points