Cheng Shin Rubber Ind. Co Ltd
Cheng Shin Rubber Ind. Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products. It also manufactures and trades in various rubber products and related rubber machinery. In addition, the company researches, develops, tests, manufactures, exhibits, imports, exports, wholesale… Read more
Cheng Shin Rubber Ind. Co Ltd (2105) - Total Assets
Latest total assets as of September 2025: NT$138.91 Billion TWD
Based on the latest financial reports, Cheng Shin Rubber Ind. Co Ltd (2105) holds total assets worth NT$138.91 Billion TWD 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.
Cheng Shin Rubber Ind. Co Ltd - Total Assets Trend (2000–2024)
This chart illustrates how Cheng Shin Rubber Ind. Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cheng Shin Rubber Ind. Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Cheng Shin Rubber Ind. Co Ltd's total assets of NT$138.91 Billion consist of 43.1% current assets and 56.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 18.2% |
| Accounts Receivable | NT$11.59 Billion | 7.9% |
| Inventory | NT$18.70 Billion | 12.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$186.01 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Cheng Shin Rubber Ind. 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cheng Shin Rubber Ind. Co Ltd's current assets represent 43.1% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 18.2% of total assets in 2024, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 12.8% of total assets.
Cheng Shin Rubber Ind. Co Ltd Competitors by Total Assets
Key competitors of Cheng Shin Rubber Ind. Co Ltd 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 |
Cheng Shin Rubber Ind. Co Ltd - 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
Moderate asset utilization - Cheng Shin Rubber Ind. Co Ltd generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Cheng Shin Rubber Ind. Co Ltd generates $5.48 in net profit.
Cheng Shin Rubber Ind. 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 | 2.38 | 2.43 | 1.54 |
| Quick Ratio | 1.79 | 1.74 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$35.34 Billion | NT$ 36.12 Billion | NT$ 18.51 Billion |
Cheng Shin Rubber Ind. Co Ltd - Advanced Valuation Insights
This section examines the relationship between Cheng Shin Rubber Ind. 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 | 1.11 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 3.3% |
| Total Assets | NT$146.25 Billion |
| Market Capitalization | $1.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Cheng Shin Rubber Ind. Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Cheng Shin Rubber Ind. Co Ltd's assets grew by 3.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Cheng Shin Rubber Ind. Co Ltd (2000–2024)
The table below shows the annual total assets of Cheng Shin Rubber Ind. Co Ltd from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$146.25 Billion | +3.30% |
| 2023-12-31 | NT$141.59 Billion | -2.95% |
| 2022-12-31 | NT$145.88 Billion | -2.56% |
| 2021-12-31 | NT$149.72 Billion | -1.06% |
| 2020-12-31 | NT$151.33 Billion | -7.75% |
| 2019-12-31 | NT$164.04 Billion | -6.14% |
| 2018-12-31 | NT$174.76 Billion | -2.41% |
| 2017-12-31 | NT$179.08 Billion | +6.49% |
| 2016-12-31 | NT$168.16 Billion | +1.33% |
| 2015-12-31 | NT$165.96 Billion | -2.30% |
| 2014-12-31 | NT$169.87 Billion | +4.71% |
| 2013-12-31 | NT$162.23 Billion | +7.37% |
| 2012-12-31 | NT$151.09 Billion | +5.82% |
| 2011-12-31 | NT$142.79 Billion | +32.95% |
| 2010-12-31 | NT$107.40 Billion | +19.01% |
| 2009-12-31 | NT$90.24 Billion | +6.61% |
| 2008-12-31 | NT$84.65 Billion | +22.94% |
| 2007-12-31 | NT$68.85 Billion | +17.49% |
| 2006-12-31 | NT$58.60 Billion | +6.92% |
| 2005-12-31 | NT$54.81 Billion | +15.00% |
| 2004-12-31 | NT$47.66 Billion | +22.08% |
| 2003-12-31 | NT$39.04 Billion | +32.29% |
| 2002-12-31 | NT$29.51 Billion | +18.61% |
| 2001-12-31 | NT$24.88 Billion | +4.88% |
| 2000-12-31 | NT$23.72 Billion | -- |