Triangle Tyre Co Ltd (601163) - Total Assets
Based on the latest financial reports, Triangle Tyre Co Ltd (601163) holds total assets worth CN¥19.22 Billion CNY (≈ $2.81 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 601163 book value for net asset value and shareholders' equity analysis.
Triangle Tyre Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Triangle Tyre Co Ltd's total assets have evolved over time, based on quarterly financial data.
Triangle Tyre Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Triangle Tyre Co Ltd's total assets of CN¥19.22 Billion consist of 69.5% current assets and 30.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.8% |
| Accounts Receivable | CN¥2.08 Billion | 10.8% |
| Inventory | CN¥1.19 Billion | 6.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥396.48 Million | 2.1% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Triangle 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. For live market cap, price, and company overview, see Triangle Tyre Co Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Triangle Tyre Co Ltd's current assets represent 69.5% of total assets in 2024, an increase from 43.5% in 2008.
- Cash Position: Cash and equivalents constituted 12.8% of total assets in 2024, up from 5.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 10.8% of total assets.
Triangle Tyre Co Ltd Competitors by Total Assets
Key competitors of Triangle Tyre Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sailun Jinyu Group Co Ltd
SHG:601058
|
China | CN¥45.83 Billion |
|
Shanghai Daimay Auto Interior
SHG:603730
|
China | CN¥7.27 Billion |
|
Huada Automotive Tech Corp Ltd
SHG:603358
|
China | CN¥7.17 Billion |
|
NINGBO HENGSHUAI Co. LTD.
SHE:300969
|
China | CN¥1.98 Billion |
|
Hunan Oil Pump
SHG:603319
|
China | CN¥4.07 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
China | CN¥4.15 Billion |
|
Jiangsu Riying Electns Co Ltd
SHG:603286
|
China | CN¥1.88 Billion |
Triangle 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 | 2.82 | 2.45 | 2.05 |
| Quick Ratio | 2.55 | 2.24 | 1.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥9.41 Billion | CN¥7.61 Billion | CN¥5.45 Billion |
Triangle Tyre Co Ltd - Advanced Valuation Insights
This section examines the relationship between Triangle 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 | 0.86 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 2.8% |
| Total Assets | CN¥19.28 Billion |
| Market Capitalization | $1.73 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Triangle Tyre Co Ltd's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Triangle Tyre Co Ltd's assets grew by 2.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Triangle Tyre Co Ltd (2008–2024)
The table below shows the annual total assets of Triangle Tyre Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥19.28 Billion ≈ $2.82 Billion |
+2.78% |
| 2023-12-31 | CN¥18.76 Billion ≈ $2.74 Billion |
+6.02% |
| 2022-12-31 | CN¥17.69 Billion ≈ $2.59 Billion |
+5.70% |
| 2021-12-31 | CN¥16.74 Billion ≈ $2.45 Billion |
+0.51% |
| 2020-12-31 | CN¥16.65 Billion ≈ $2.44 Billion |
+10.47% |
| 2019-12-31 | CN¥15.08 Billion ≈ $2.21 Billion |
+3.78% |
| 2018-12-31 | CN¥14.53 Billion ≈ $2.13 Billion |
-0.41% |
| 2017-12-31 | CN¥14.59 Billion ≈ $2.13 Billion |
+10.37% |
| 2016-12-31 | CN¥13.22 Billion ≈ $1.93 Billion |
+49.10% |
| 2015-12-31 | CN¥8.86 Billion ≈ $1.30 Billion |
+3.01% |
| 2014-12-31 | CN¥8.60 Billion ≈ $1.26 Billion |
+11.39% |
| 2013-12-31 | CN¥7.72 Billion ≈ $1.13 Billion |
+8.56% |
| 2012-12-31 | CN¥7.12 Billion ≈ $1.04 Billion |
-2.71% |
| 2011-12-31 | CN¥7.31 Billion ≈ $1.07 Billion |
-0.36% |
| 2010-12-31 | CN¥7.34 Billion ≈ $1.07 Billion |
+12.10% |
| 2009-12-31 | CN¥6.55 Billion ≈ $958.28 Million |
+8.26% |
| 2008-12-31 | CN¥6.05 Billion ≈ $885.21 Million |
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About Triangle Tyre Co Ltd
Triangle Tyre Co.,Ltd engages in the research and development, design, manufacture, and marketing of tire products in China. The company's products include passenger tires, engineering tires, jumbo tires, truck and bus tires, off-the-road tires, commercial vehicle tires, and radial tires, as well as specialty tires. It provides its products through branches, as well as dealers and online in North… Read more