Gui Zhou Tyre Co Ltd
Guizhou Tyre Co.,Ltd. engages in the research, development, production, and sale of tires in China. The company offers tires for truck/passenger cars, OTRs, agricultural and forestry machineries, industrial vehicles, trailers, and mining machineries, as well as solid and special tires under the Advance, Samson, Tornado, Chinhoo, and Jingang brands. It also provides loader, bulldozer, roller, sand… Read more
Gui Zhou Tyre Co Ltd (000589) - Total Assets
Latest total assets as of September 2025: CN¥18.30 Billion CNY
Based on the latest financial reports, Gui Zhou Tyre Co Ltd (000589) holds total assets worth CN¥18.30 Billion CNY 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.
Gui Zhou Tyre Co Ltd - Total Assets Trend (1992–2024)
This chart illustrates how Gui Zhou Tyre Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gui Zhou Tyre Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Gui Zhou Tyre Co Ltd's total assets of CN¥18.30 Billion consist of 48.1% current assets and 51.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.2% |
| Accounts Receivable | CN¥3.68 Billion | 20.4% |
| Inventory | CN¥1.90 Billion | 10.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥430.03 Million | 2.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1992–2024)
This chart illustrates how Gui Zhou Tyre Co Ltd'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: Gui Zhou Tyre Co Ltd's current assets represent 48.1% of total assets in 2024, a decrease from 49.0% in 1992.
- Cash Position: Cash and equivalents constituted 15.2% of total assets in 2024, up from 0.0% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1992.
- Asset Diversification: The largest asset category is accounts receivable at 20.4% of total assets.
Gui Zhou Tyre Co Ltd Competitors by Total Assets
Key competitors of Gui Zhou Tyre Co Ltd 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 |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678
|
China | CN¥2.29 Billion |
Gui Zhou Tyre Co Ltd - 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
Moderate asset utilization - Gui Zhou Tyre Co Ltd generates 0.59x 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, Gui Zhou Tyre Co Ltd generates $ 3.42 in net profit.
Gui Zhou Tyre Co Ltd - 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 | 1.15 | 1.17 | 0.89 |
| Quick Ratio | 0.92 | 0.95 | 0.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.09 Billion | CN¥ 1.31 Billion | CN¥ -612.02 Million |
Gui Zhou Tyre Co Ltd - Advanced Valuation Insights
This section examines the relationship between Gui Zhou Tyre Co Ltd'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 | 0.88 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | CN¥18.02 Billion |
| Market Capitalization | $805.35 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gui Zhou Tyre Co Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Gui Zhou Tyre Co Ltd's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gui Zhou Tyre Co Ltd (1992–2024)
The table below shows the annual total assets of Gui Zhou Tyre Co Ltd from 1992 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥18.02 Billion | +1.95% |
| 2023-12-31 | CN¥17.68 Billion | +12.15% |
| 2022-12-31 | CN¥15.76 Billion | +22.41% |
| 2021-12-31 | CN¥12.88 Billion | +11.81% |
| 2020-12-31 | CN¥11.52 Billion | +9.46% |
| 2019-12-31 | CN¥10.52 Billion | +0.38% |
| 2018-12-31 | CN¥10.48 Billion | +7.88% |
| 2017-12-31 | CN¥9.72 Billion | -6.84% |
| 2016-12-31 | CN¥10.43 Billion | -6.69% |
| 2015-12-31 | CN¥11.18 Billion | +14.85% |
| 2014-12-31 | CN¥9.73 Billion | +28.51% |
| 2013-12-31 | CN¥7.57 Billion | +12.42% |
| 2012-12-31 | CN¥6.74 Billion | -4.63% |
| 2011-12-31 | CN¥7.06 Billion | +28.91% |
| 2010-12-31 | CN¥5.48 Billion | +26.37% |
| 2009-12-31 | CN¥4.34 Billion | +7.90% |
| 2008-12-31 | CN¥4.02 Billion | +14.09% |
| 2007-12-31 | CN¥3.52 Billion | +8.64% |
| 2006-12-31 | CN¥3.24 Billion | +1.98% |
| 2005-12-31 | CN¥3.18 Billion | +1.45% |
| 2004-12-31 | CN¥3.13 Billion | +14.92% |
| 2003-12-31 | CN¥2.73 Billion | +13.82% |
| 2002-12-31 | CN¥2.40 Billion | -0.49% |
| 2001-12-31 | CN¥2.41 Billion | +1.73% |
| 2000-12-31 | CN¥2.37 Billion | +9.86% |
| 1999-12-31 | CN¥2.15 Billion | +34.07% |
| 1998-12-31 | CN¥1.61 Billion | +13.35% |
| 1997-12-31 | CN¥1.42 Billion | +37.72% |
| 1996-12-31 | CN¥1.03 Billion | +96.14% |
| 1995-12-31 | CN¥524.68 Million | +102.74% |
| 1994-12-31 | CN¥258.80 Million | +35.66% |
| 1993-12-31 | CN¥190.78 Million | +45.02% |
| 1992-12-31 | CN¥131.55 Million | -- |