Haian Rubber Grp Co Ltd
Haian Rubber Group Co., Ltd. manufactures and distributes radial OTR tires. The company offers off-the-road tires, off-the-road OTR Tires, mining dump truck tires, giant earthmover tires, giant earthmover OTR tires, specialty earthmover tires, rigid dump truck tires, mining OTR tires, tires, and tires. The company was founded in 2005 and is based in Putian, China.
Haian Rubber Grp Co Ltd (001233) - Total Assets
Latest total assets as of September 2025: CN¥3.71 Billion CNY
Based on the latest financial reports, Haian Rubber Grp Co Ltd (001233) holds total assets worth CN¥3.71 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.
Haian Rubber Grp Co Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Haian Rubber Grp Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Haian Rubber Grp Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Haian Rubber Grp Co Ltd's total assets of CN¥3.71 Billion consist of 56.8% current assets and 43.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 20.4% |
| Accounts Receivable | CN¥625.28 Million | 19.1% |
| Inventory | CN¥426.87 Million | 13.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥18.64 Million | 0.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Haian Rubber Grp 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: Haian Rubber Grp Co Ltd's current assets represent 56.8% of total assets in 2024, an increase from 52.5% in 2021.
- Cash Position: Cash and equivalents constituted 20.4% of total assets in 2024, up from 11.7% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 19.1% of total assets.
Haian Rubber Grp Co Ltd Competitors by Total Assets
Key competitors of Haian Rubber Grp 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 |
|
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 |
Haian Rubber Grp 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 - Haian Rubber Grp Co Ltd generates 0.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Haian Rubber Grp Co Ltd generates $ 20.69 in net profit.
Haian Rubber Grp 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 | 3.13 | 2.58 | 2.58 |
| Quick Ratio | 2.48 | 1.99 | 1.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.54 Billion | CN¥ 1.14 Billion | CN¥ 1.14 Billion |
Haian Rubber Grp Co Ltd - Advanced Valuation Insights
This section examines the relationship between Haian Rubber Grp 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 | 4.53 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 17.2% |
| Total Assets | CN¥3.28 Billion |
| Market Capitalization | $613.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Haian Rubber Grp Co Ltd's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Haian Rubber Grp Co Ltd's assets grew by 17.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Haian Rubber Grp Co Ltd (2021–2024)
The table below shows the annual total assets of Haian Rubber Grp Co Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.28 Billion | +17.21% |
| 2023-12-31 | CN¥2.80 Billion | +33.19% |
| 2022-12-31 | CN¥2.10 Billion | +56.16% |
| 2021-12-31 | CN¥1.35 Billion | -- |