Giti Tire Corp Asset Resilience Ratio
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. See defensive interval ratio of Giti Tire Corp to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Giti Tire Corp (1999–2002)
Asset resilience ratio of Giti Tire Corp from 1999 to 2002. This chart shows how Giti Tire Corp's Asset Resilience Ratio has changed over time. Read Giti Tire Corp debt and liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see 600182 current and non-current assets.
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 |
|---|---|---|
|
Wanxiang Qianchao Co Ltd
SHE:000559 |
Auto Parts | 0.00% |
|
Advance Auto Parts Inc
NYSE:AAP |
Auto Parts | 26.41% |
|
Lingyun Ind
SHG:600480 |
Auto Parts | 0.00% |
|
Camel Group Co Ltd
SHG:601311 |
Auto Parts | 2.49% |
|
Shenzhen Changhong Tech
SHE:300151 |
Auto Parts | 10.41% |
|
Yapp Automotive Systems Co Ltd
SHG:603013 |
Auto Parts | 5.95% |
|
Hunan Oil Pump
SHG:603319 |
Auto Parts | 0.25% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 0.35% |
Giti Tire Corp Asset Resilience Ratio by Year (1999–2002)
Giti Tire Corp asset resilience ratio by year from 1999 to 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.