Qingdao Doublestar Co Ltd Total Assets
Qingdao Doublestar Co Ltd total assets. Based on the latest financial reports, Qingdao Doublestar Co Ltd (000599) holds total assets worth CN¥36.19 Billion CNY (≈ $5.30 Billion USD) as of June 2026. 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. Also see Qingdao Doublestar Co Ltd market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Qingdao Doublestar Co Ltd (1993–2025)
Total assets of Qingdao Doublestar Co Ltd from 1993 to 2025. This chart illustrates how Qingdao Doublestar Co Ltd's total assets have evolved over time, based on quarterly financial data. See latest Qingdao Doublestar Co Ltd stock price today for real-time trading data and today's change.
Qingdao Doublestar Co Ltd - Asset Composition Analysis
Qingdao Doublestar Co Ltd Total Assets Breakdown (December 2025)
Qingdao Doublestar Co Ltd total assets breakdown as of December 2025. Qingdao Doublestar Co Ltd's total assets of CN¥36.19 Billion consist of 32.9% current assets and 67.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 8.1% |
| Accounts Receivable | CN¥573.67 Million | 6.5% |
| Inventory | CN¥998.80 Million | 11.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥333.90 Million | 3.8% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1993–2025)
This chart illustrates how Qingdao Doublestar 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. Explore working capital position of Qingdao Doublestar Co Ltd to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qingdao Doublestar Co Ltd's current assets represent 32.9% of total assets in 2025, a decrease from 80.3% in 1993.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2025, down from 9.9% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is inventory at 11.2% of total assets.
Qingdao Doublestar Co Ltd Competitors by Total Assets
Key competitors of Qingdao Doublestar Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
USA | $1.31 Billion |
|
Shandong Linglong Tyre Co Ltd
SHG:601966
|
China | CN¥45.86 Billion |
|
Hankook Tire Worldwide
KO:000240
|
Korea | ₩5.04 Trillion |
|
Supply Network Ltd
AU:SNL
|
Australia | AU$255.79 Million |
|
Steel Strips Wheels Limited
NSE:SSWL
|
India | Rs38.31 Billion |
|
Zhongjie (Jiangsu) Technology Co.Ltd.
SHE:301072
|
China | CN¥1.26 Billion |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
China | CN¥2.48 Billion |
|
Hangzhou Zhengqiang Corporation Limited
SHE:301119
|
China | CN¥1.47 Billion |
Qingdao Doublestar 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 | 1.00 | 0.49 | 0.75 |
| Quick Ratio | 0.65 | 0.34 | 0.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-8.99 Million | CN¥-3.39 Billion | CN¥-1.56 Billion |
Qingdao Doublestar Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qingdao Doublestar 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 | 1.89 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -2.4% |
| Total Assets | CN¥8.89 Billion |
| Market Capitalization | $1.47 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Doublestar Co Ltd's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Qingdao Doublestar Co Ltd's assets decreased by 2.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Qingdao Doublestar Co Ltd (1993–2025)
The table below shows the annual total assets of Qingdao Doublestar Co Ltd from 1993 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥8.89 Billion ≈ $1.30 Billion |
-2.45% |
| 2024-12-31 | CN¥9.12 Billion ≈ $1.33 Billion |
-6.78% |
| 2023-12-31 | CN¥9.78 Billion ≈ $1.43 Billion |
-0.86% |
| 2022-12-31 | CN¥9.86 Billion ≈ $1.44 Billion |
-9.04% |
| 2021-12-31 | CN¥10.84 Billion ≈ $1.59 Billion |
+7.80% |
| 2020-12-31 | CN¥10.06 Billion ≈ $1.47 Billion |
+1.80% |
| 2019-12-31 | CN¥9.88 Billion ≈ $1.45 Billion |
+10.21% |
| 2018-12-31 | CN¥8.97 Billion ≈ $1.31 Billion |
+6.99% |
| 2017-12-31 | CN¥8.38 Billion ≈ $1.23 Billion |
+15.61% |
| 2016-12-31 | CN¥7.25 Billion ≈ $1.06 Billion |
+22.76% |
| 2015-12-31 | CN¥5.90 Billion ≈ $864.04 Million |
+16.89% |
| 2014-12-31 | CN¥5.05 Billion ≈ $739.19 Million |
+3.90% |
| 2013-12-31 | CN¥4.86 Billion ≈ $711.47 Million |
+0.99% |
| 2012-12-31 | CN¥4.81 Billion ≈ $704.47 Million |
-2.07% |
| 2011-12-31 | CN¥4.92 Billion ≈ $719.33 Million |
+4.39% |
| 2010-12-31 | CN¥4.71 Billion ≈ $689.09 Million |
+9.11% |
| 2009-12-31 | CN¥4.32 Billion ≈ $631.54 Million |
+9.06% |
| 2008-12-31 | CN¥3.96 Billion ≈ $579.08 Million |
+7.49% |
| 2007-12-31 | CN¥3.68 Billion ≈ $538.75 Million |
+31.60% |
| 2006-12-31 | CN¥2.80 Billion ≈ $409.38 Million |
+4.35% |
| 2005-12-31 | CN¥2.68 Billion ≈ $392.33 Million |
+7.23% |
| 2004-12-31 | CN¥2.50 Billion ≈ $365.87 Million |
+20.24% |
| 2003-12-31 | CN¥2.08 Billion ≈ $304.28 Million |
+31.44% |
| 2002-12-31 | CN¥1.58 Billion ≈ $231.49 Million |
-3.34% |
| 2001-12-31 | CN¥1.64 Billion ≈ $239.49 Million |
+72.20% |
| 2000-12-31 | CN¥950.43 Million ≈ $139.08 Million |
+76.12% |
| 1999-12-31 | CN¥539.64 Million ≈ $78.97 Million |
+11.02% |
| 1998-12-31 | CN¥486.08 Million ≈ $71.13 Million |
+6.17% |
| 1997-12-31 | CN¥457.83 Million ≈ $66.99 Million |
+27.70% |
| 1996-12-31 | CN¥358.51 Million ≈ $52.46 Million |
+66.22% |
| 1995-12-31 | CN¥215.68 Million ≈ $31.56 Million |
+83.59% |
| 1994-12-31 | CN¥117.48 Million ≈ $17.19 Million |
+54.11% |
| 1993-12-31 | CN¥76.23 Million ≈ $11.15 Million |
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About Qingdao Doublestar Co Ltd
Qingdao Doublestar Co.,Ltd engages in manufacturing and sales of tires in China and internationally. The company offers passenger car tires, truck and bus tires, and giant mining tires under the NEWBUSTAR, CROSSLEADER, DOUBLESTAR, DONGFENG, and AOSEN brands. The company also offers rare earth gold tires, fully explosion-proof safety tires, ultra-wear-resistant tires, fire-resistant tires, and air… Read more