King Tire Indonesia
PT King Tire Indonesia Tbk manufactures and sells tubes and tires in Indonesia. It offers tubes and tires for bicycles, motorcycles, and cars. The company was founded in 1977 and is based in Serang, Indonesia.
King Tire Indonesia (TYRE) - Total Assets
Latest total assets as of September 2025: Rp588.20 Billion IDR
Based on the latest financial reports, King Tire Indonesia (TYRE) holds total assets worth Rp588.20 Billion IDR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
King Tire Indonesia - Total Assets Trend (2022–2024)
This chart illustrates how King Tire Indonesia’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
King Tire Indonesia - Asset Composition Analysis
Current Asset Composition (December 2024)
King Tire Indonesia's total assets of Rp588.20 Billion consist of 50.1% current assets and 49.9% non-current assets.
| Asset Category | Amount (IDR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rp0.00 | 6.8% |
| Accounts Receivable | Rp112.19 Billion | 20.0% |
| Inventory | Rp118.99 Billion | 21.2% |
| Property, Plant & Equipment | Rp271.12 Billion | 48.2% |
| Intangible Assets | Rp1.05 Billion | 0.2% |
| Goodwill | Rp0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how King Tire Indonesia's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: King Tire Indonesia's current assets represent 50.1% of total assets in 2024, a decrease from 66.5% in 2022.
- Cash Position: Cash and equivalents constituted 6.8% of total assets in 2024, up from 2.0% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is property, plant & equipment at 48.2% of total assets.
King Tire Indonesia Competitors by Total Assets
Key competitors of King Tire Indonesia based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
King Tire Indonesia - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - King Tire Indonesia generates 1.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, King Tire Indonesia generates $ 4.04 in net profit.
King Tire Indonesia - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.17 | 1.41 | 1.41 |
| Quick Ratio | 0.64 | 0.79 | 0.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rp34.45 Billion | Rp 80.28 Billion | Rp 80.28 Billion |
King Tire Indonesia - Advanced Valuation Insights
This section examines the relationship between King Tire Indonesia's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 21.9% |
| Total Assets | Rp562.34 Billion |
| Market Capitalization | $4.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values King Tire Indonesia's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: King Tire Indonesia's assets grew by 21.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for King Tire Indonesia (2022–2024)
The table below shows the annual total assets of King Tire Indonesia from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Rp562.34 Billion | +21.95% |
| 2023-12-31 | Rp461.14 Billion | +26.41% |
| 2022-12-31 | Rp364.78 Billion | -- |