Shandong Linglong Tyre Co Ltd (601966) - Total Assets
Based on the latest financial reports, Shandong Linglong Tyre Co Ltd (601966) holds total assets worth CN¥47.67 Billion CNY (≈ $6.98 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 601966 total equity for net asset value and shareholders' equity analysis.
Shandong Linglong Tyre Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Shandong Linglong Tyre Co Ltd's total assets have evolved over time, based on quarterly financial data.
Shandong Linglong Tyre Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Linglong Tyre Co Ltd's total assets of CN¥47.67 Billion consist of 33.8% current assets and 66.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.7% |
| Accounts Receivable | CN¥5.00 Billion | 10.6% |
| Inventory | CN¥5.79 Billion | 12.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.07 Billion | 2.3% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Shandong Linglong 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 market cap of Shandong Linglong Tyre Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shandong Linglong Tyre Co Ltd's current assets represent 33.8% of total assets in 2024, a decrease from 52.0% in 2011.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2024, down from 10.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 12.3% of total assets.
Shandong Linglong Tyre Co Ltd Competitors by Total Assets
Key competitors of Shandong Linglong Tyre Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
China | CN¥13.61 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥17.41 Billion |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567
|
China | CN¥24.52 Billion |
|
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700
|
China | CN¥7.43 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.67 Billion |
|
ZYNP Corp
SHE:002448
|
China | CN¥6.14 Billion |
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547
|
China | CN¥1.59 Billion |
Shandong Linglong 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 | 0.83 | 0.84 | 1.07 |
| Quick Ratio | 0.53 | 0.54 | 0.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-3.15 Billion | CN¥-3.04 Billion | CN¥734.59 Million |
Shandong Linglong Tyre Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Linglong 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 | 0.94 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 8.7% |
| Total Assets | CN¥47.08 Billion |
| Market Capitalization | $2.83 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Linglong Tyre Co Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shandong Linglong Tyre Co Ltd's assets grew by 8.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shandong Linglong Tyre Co Ltd (2011–2024)
The table below shows the annual total assets of Shandong Linglong Tyre Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥47.08 Billion ≈ $6.89 Billion |
+8.66% |
| 2023-12-31 | CN¥43.33 Billion ≈ $6.34 Billion |
+15.91% |
| 2022-12-31 | CN¥37.38 Billion ≈ $5.47 Billion |
+9.50% |
| 2021-12-31 | CN¥34.14 Billion ≈ $5.00 Billion |
+16.52% |
| 2020-12-31 | CN¥29.30 Billion ≈ $4.29 Billion |
+10.23% |
| 2019-12-31 | CN¥26.58 Billion ≈ $3.89 Billion |
+3.05% |
| 2018-12-31 | CN¥25.79 Billion ≈ $3.77 Billion |
+33.05% |
| 2017-12-31 | CN¥19.39 Billion ≈ $2.84 Billion |
+7.93% |
| 2016-12-31 | CN¥17.96 Billion ≈ $2.63 Billion |
+8.32% |
| 2015-12-31 | CN¥16.58 Billion ≈ $2.43 Billion |
-0.88% |
| 2014-12-31 | CN¥16.73 Billion ≈ $2.45 Billion |
+20.34% |
| 2013-12-31 | CN¥13.90 Billion ≈ $2.03 Billion |
+34.72% |
| 2012-12-31 | CN¥10.32 Billion ≈ $1.51 Billion |
+7.24% |
| 2011-12-31 | CN¥9.62 Billion ≈ $1.41 Billion |
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About Shandong Linglong Tyre Co Ltd
Shandong Linglong Tyre Co.,Ltd. designs, manufactures, develops, and sells tires in the People's Republic of China. It offers passenger light truck radial, bus radial, and off-highway tires. The company serves passenger cars, commercial, and construction machinery vehicles. It also exports its products to approximately 173 countries, such as Europe, the Middle East, the Americas, Africa, and the … Read more