Giti Tire Corp - Asset Resilience Ratio
Giti Tire Corp (600182) has an Asset Resilience Ratio of 0.03% as of June 2003. 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. Read debt load of Giti Tire Corp for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1999–2002)
This chart shows how Giti Tire Corp's Asset Resilience Ratio has changed over time. See Giti Tire Corp (600182) shareholders funds for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Giti Tire Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market cap of Giti Tire Corp.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥484.30K | 0.03% |
| Total Liquid Assets | CN¥484.30K | 0.03% |
Asset Resilience Insights
- Limited Liquidity: Giti Tire Corp maintains only 0.03% 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.
Giti Tire Corp Industry Peers by Asset Resilience Ratio
Compare Giti Tire Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shandong Linglong Tyre Co Ltd
SHG:601966 |
Auto Parts | 0.92% |
|
Zhejiang Songyuan Automotive Safety
SHE:300893 |
Auto Parts | 0.01% |
|
Tian Jin Motor Dies Co Ltd
SHE:002510 |
Auto Parts | 0.11% |
|
Burelle SA
PA:BUR |
Auto Parts | -2.91% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Changzhou Langbo Seal Polytron Technologies Co Ltd Class A
SHG:603655 |
Auto Parts | 21.46% |
|
Ningbo Gaofa Automotive Ctrl
SHG:603788 |
Auto Parts | 14.61% |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333 |
Auto Parts | 0.01% |
Annual Asset Resilience Ratio for Giti Tire Corp (1999–2002)
The table below shows the annual Asset Resilience Ratio data for Giti Tire Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2002-12-31 | 0.03% | CN¥489.14K ≈ $71.58K |
CN¥1.72 Billion ≈ $252.14 Million |
-0.01pp |
| 2001-12-31 | 0.03% | CN¥667.59K ≈ $97.69K |
CN¥1.95 Billion ≈ $285.12 Million |
+0.01pp |
| 2000-12-31 | 0.02% | CN¥452.05K ≈ $66.15K |
CN¥2.00 Billion ≈ $292.74 Million |
+0.02pp |
| 1999-12-31 | 0.00% | CN¥83.27K ≈ $12.19K |
CN¥1.88 Billion ≈ $274.79 Million |
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About Giti Tire Corp
Giti Tire Corporation engages in the production and sale of automobile tires. The company was formerly known as Hualin Tyre Co., Ltd. and changed its name to Giti Tire Corporation in May 2005. The company was founded in 1993 and is based in Shanghai, China.