Qingdao Sentury Tire Co Ltd (002984) - Total Assets
Based on the latest financial reports, Qingdao Sentury Tire Co Ltd (002984) holds total assets worth CN¥18.44 Billion CNY (≈ $2.70 Billion USD) 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. See 002984 book value for net asset value and shareholders' equity analysis.
Qingdao Sentury Tire Co Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Qingdao Sentury Tire Co Ltd's total assets have evolved over time, based on quarterly financial data. Check how resilient are Qingdao Sentury Tire Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Qingdao Sentury Tire Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Qingdao Sentury Tire Co Ltd's total assets of CN¥18.44 Billion consist of 47.3% current assets and 52.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.5% |
| Accounts Receivable | CN¥1.33 Billion | 7.7% |
| Inventory | CN¥1.76 Billion | 10.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥188.26 Million | 1.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Qingdao Sentury Tire 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. For live market cap, price, and company overview, see Qingdao Sentury Tire Co Ltd (002984) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qingdao Sentury Tire Co Ltd's current assets represent 47.3% of total assets in 2024, an increase from 35.3% in 2015.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2024, down from 13.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 10.1% of total assets.
Qingdao Sentury Tire Co Ltd Competitors by Total Assets
Key competitors of Qingdao Sentury Tire Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Zhejiang Yinlun Machinery Co Ltd
SHE:002126
|
China | CN¥20.63 Billion |
|
Hankook Tire Co.
KO:161390
|
Korea | ₩26.65 Trillion |
|
Atmus Filtration Technologies Inc.
NYSE:ATMU
|
USA | $1.84 Billion |
|
Aerospace Auto
SHG:600151
|
China | CN¥6.92 Billion |
|
Hunan Oil Pump
SHG:603319
|
China | CN¥4.22 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥35.31 Billion |
Qingdao Sentury Tire 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 | 3.95 | 4.37 | 2.02 |
| Quick Ratio | 2.79 | 3.54 | 1.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥6.98 Billion | CN¥6.20 Billion | CN¥1.65 Billion |
Qingdao Sentury Tire Co Ltd - Advanced Valuation Insights
This section examines the relationship between Qingdao Sentury Tire 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 | 1.54 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 11.3% |
| Total Assets | CN¥17.42 Billion |
| Market Capitalization | $2.40 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Sentury Tire Co Ltd's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Qingdao Sentury Tire Co Ltd's assets grew by 11.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Qingdao Sentury Tire Co Ltd (2015–2024)
The table below shows the annual total assets of Qingdao Sentury Tire Co Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.42 Billion ≈ $2.55 Billion |
+11.30% |
| 2023-12-31 | CN¥15.65 Billion ≈ $2.29 Billion |
+40.79% |
| 2022-12-31 | CN¥11.12 Billion ≈ $1.63 Billion |
+6.93% |
| 2021-12-31 | CN¥10.40 Billion ≈ $1.52 Billion |
+34.36% |
| 2020-12-31 | CN¥7.74 Billion ≈ $1.13 Billion |
+20.77% |
| 2019-12-31 | CN¥6.41 Billion ≈ $937.43 Million |
+1.81% |
| 2018-12-31 | CN¥6.29 Billion ≈ $920.79 Million |
+2.20% |
| 2017-12-31 | CN¥6.16 Billion ≈ $901.00 Million |
+9.85% |
| 2016-12-31 | CN¥5.61 Billion ≈ $820.21 Million |
+10.27% |
| 2015-12-31 | CN¥5.08 Billion ≈ $743.84 Million |
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About Qingdao Sentury Tire Co Ltd
Qingdao Sentury Tire Co., Ltd. engages in the development, production, and sale of tires primarily in China. It offers passenger car, light and heavy truck, racing car, motorsports, and aircraft tires under the SENTURY, LANDSAIL, DELINTE, and GROUNDSPEED brand name. The company was incorporated in 2007 and is based in Jimo, China.