Triangle Tyre Co Ltd (601163) - Total Assets
Based on the latest financial reports, Triangle Tyre Co Ltd (601163) holds total assets worth CN¥19.60 Billion CNY (≈ $2.87 Billion USD) as of March 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.
Triangle Tyre Co Ltd - Total Assets Trend (2008–2025)
This chart illustrates how Triangle Tyre Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see 601163 market cap for the company's overall valuation and market capitalisation.
Triangle Tyre Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Triangle Tyre Co Ltd's total assets of CN¥19.60 Billion consist of 77.6% current assets and 22.5% non-current assets. Review Triangle Tyre Co Ltd (601163) total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.4% |
| Accounts Receivable | CN¥1.10 Billion | 5.6% |
| Inventory | CN¥1.48 Billion | 7.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥385.29 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2008–2025)
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. See today's stock price for Triangle Tyre Co Ltd for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Triangle Tyre Co Ltd's current assets represent 77.6% of total assets in 2025, an increase from 43.5% in 2008.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2025, up from 5.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 7.6% 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 |
|---|---|---|
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Ningbo Jifeng Auto Parts Co
SHG:603997
|
China | CN¥23.68 Billion |
|
Qingdao Sentury Tire Co Ltd
SHE:002984
|
China | CN¥18.44 Billion |
|
Greatoo Inc
SHE:002031
|
China | CN¥3.78 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.63 Billion |
|
Nokian Renkaat Oyj
HE:TYRES
|
Finland | €2.44 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 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 | 3.04 | 2.53 | 2.12 |
| Quick Ratio | 2.75 | 2.27 | 1.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥10.40 Billion | CN¥8.17 Billion | CN¥5.63 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 | 0.76 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 1.0% |
| Total Assets | CN¥19.46 Billion |
| Market Capitalization | $1.44 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Triangle Tyre Co Ltd's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Triangle Tyre Co Ltd's assets grew by 1.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Triangle Tyre Co Ltd (2008–2025)
The table below shows the annual total assets of Triangle Tyre Co Ltd from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥19.46 Billion ≈ $2.85 Billion |
+0.96% |
| 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 and internationally. The company offers commercial vehicle tires, passenger car tires, engineering tires, giant tires, and special vehicle tires to the automobile manufacturers, construction machinery plants, end consumers, mines, engineering projects, and corporate clients.… Read more