Giti Tire Corp
Giti Tire Corporation engages in the production and sale of automobile tires. The company was formerly known as Hualin Tyre Co., Ltd. and changed its name to Giti Tire Corporation in May 2005. The company was founded in 1993 and is based in Shanghai, China.
Giti Tire Corp (600182) - Total Assets
Latest total assets as of September 2025: CN¥4.48 Billion CNY
Based on the latest financial reports, Giti Tire Corp (600182) holds total assets worth CN¥4.48 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.
Giti Tire Corp - Total Assets Trend (1996–2024)
This chart illustrates how Giti Tire Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Giti Tire Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Giti Tire Corp's total assets of CN¥4.48 Billion consist of 72.6% current assets and 27.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.6% |
| Accounts Receivable | CN¥1.94 Billion | 44.6% |
| Inventory | CN¥582.86 Million | 13.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥28.59 Million | 0.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1996–2024)
This chart illustrates how Giti Tire Corp'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: Giti Tire Corp's current assets represent 72.6% of total assets in 2024, an increase from 55.8% in 1996.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2024, up from 4.0% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 44.6% of total assets.
Giti Tire Corp Competitors by Total Assets
Key competitors of Giti Tire Corp 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 |
Giti Tire Corp - 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 - Giti Tire Corp generates 1.07x 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, Giti Tire Corp generates $ 4.01 in net profit.
Giti Tire Corp - 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 | 2.05 | 1.91 | 2.91 |
| Quick Ratio | 1.71 | 1.60 | 2.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.66 Billion | CN¥ 1.52 Billion | CN¥ 1.27 Billion |
Giti Tire Corp - Advanced Valuation Insights
This section examines the relationship between Giti Tire Corp'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 | 4.49 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 11.7% |
| Total Assets | CN¥4.34 Billion |
| Market Capitalization | $348.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Giti Tire Corp's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Giti Tire Corp's assets grew by 11.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Giti Tire Corp (1996–2024)
The table below shows the annual total assets of Giti Tire Corp from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.34 Billion | +11.73% |
| 2023-12-31 | CN¥3.89 Billion | +12.98% |
| 2022-12-31 | CN¥3.44 Billion | +3.02% |
| 2021-12-31 | CN¥3.34 Billion | +13.15% |
| 2020-12-31 | CN¥2.95 Billion | -2.80% |
| 2019-12-31 | CN¥3.04 Billion | +12.54% |
| 2018-12-31 | CN¥2.70 Billion | -3.24% |
| 2017-12-31 | CN¥2.79 Billion | +18.69% |
| 2016-12-31 | CN¥2.35 Billion | -17.89% |
| 2015-12-31 | CN¥2.86 Billion | -9.45% |
| 2014-12-31 | CN¥3.16 Billion | -17.12% |
| 2013-12-31 | CN¥3.81 Billion | -2.57% |
| 2012-12-31 | CN¥3.91 Billion | +6.91% |
| 2011-12-31 | CN¥3.66 Billion | +11.50% |
| 2010-12-31 | CN¥3.28 Billion | +9.80% |
| 2009-12-31 | CN¥2.99 Billion | +2.80% |
| 2008-12-31 | CN¥2.91 Billion | -2.39% |
| 2007-12-31 | CN¥2.98 Billion | -5.90% |
| 2006-12-31 | CN¥3.17 Billion | -3.09% |
| 2005-12-31 | CN¥3.27 Billion | -4.42% |
| 2004-12-31 | CN¥3.42 Billion | +205.50% |
| 2003-12-31 | CN¥1.12 Billion | -35.06% |
| 2002-12-31 | CN¥1.72 Billion | -11.57% |
| 2001-12-31 | CN¥1.95 Billion | -2.60% |
| 2000-12-31 | CN¥2.00 Billion | +6.53% |
| 1999-12-31 | CN¥1.88 Billion | +42.30% |
| 1998-12-31 | CN¥1.32 Billion | +4.72% |
| 1997-12-31 | CN¥1.26 Billion | +14.70% |
| 1996-12-31 | CN¥1.10 Billion | -- |