Kenda Rubber Industrial Co Ltd
Kenda Rubber Industrial Co. Ltd. designs, manufactures, and trades in tires in China, the United States, Taiwan, and Vietnam. The company provides automotive, bicycle, powersports, wheelchair, and turf/trailer/specialty. It offers inner tubes and tires for bicycles, scooters, industrial trucks, and cars, as well as various products of carbon fiber. In addition, the company engages in trading and … Read more
Kenda Rubber Industrial Co Ltd (2106) - Total Assets
Latest total assets as of September 2025: NT$44.24 Billion TWD
Based on the latest financial reports, Kenda Rubber Industrial Co Ltd (2106) holds total assets worth NT$44.24 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.
Kenda Rubber Industrial Co Ltd - Total Assets Trend (2000–2024)
This chart illustrates how Kenda Rubber Industrial Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kenda Rubber Industrial Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Kenda Rubber Industrial Co Ltd's total assets of NT$44.24 Billion consist of 53.5% current assets and 46.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 17.0% |
| Accounts Receivable | NT$3.72 Billion | 7.9% |
| Inventory | NT$11.32 Billion | 24.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Kenda Rubber Industrial 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: Kenda Rubber Industrial Co Ltd's current assets represent 53.5% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2024, up from 12.4% 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 24.0% of total assets.
Kenda Rubber Industrial Co Ltd Competitors by Total Assets
Key competitors of Kenda Rubber Industrial 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 |
Kenda Rubber Industrial 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
Strong asset utilization - Kenda Rubber Industrial Co Ltd generates 0.72x 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, Kenda Rubber Industrial Co Ltd generates $ 2.63 in net profit.
Kenda Rubber Industrial 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 | 2.50 | 2.34 | 2.25 |
| Quick Ratio | 1.51 | 1.40 | 1.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$14.10 Billion | NT$ 14.27 Billion | NT$ 12.53 Billion |
Kenda Rubber Industrial Co Ltd - Advanced Valuation Insights
This section examines the relationship between Kenda Rubber Industrial 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 | 1.01 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | NT$47.18 Billion |
| Market Capitalization | $288.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kenda Rubber Industrial 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: Kenda Rubber Industrial Co Ltd's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Kenda Rubber Industrial Co Ltd (2000–2024)
The table below shows the annual total assets of Kenda Rubber Industrial Co Ltd from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$47.18 Billion | +7.90% |
| 2023-12-31 | NT$43.73 Billion | -6.17% |
| 2022-12-31 | NT$46.60 Billion | +0.57% |
| 2021-12-31 | NT$46.34 Billion | +9.31% |
| 2020-12-31 | NT$42.39 Billion | +0.88% |
| 2019-12-31 | NT$42.02 Billion | +4.66% |
| 2018-12-31 | NT$40.15 Billion | -1.96% |
| 2017-12-31 | NT$40.95 Billion | -2.21% |
| 2016-12-31 | NT$41.88 Billion | +2.58% |
| 2015-12-31 | NT$40.82 Billion | +6.23% |
| 2014-12-31 | NT$38.43 Billion | +18.61% |
| 2013-12-31 | NT$32.40 Billion | +22.87% |
| 2012-12-31 | NT$26.37 Billion | +8.29% |
| 2011-12-31 | NT$24.35 Billion | +20.81% |
| 2010-12-31 | NT$20.16 Billion | +9.81% |
| 2009-12-31 | NT$18.36 Billion | +6.79% |
| 2008-12-31 | NT$17.19 Billion | +8.01% |
| 2007-12-31 | NT$15.91 Billion | +15.66% |
| 2006-12-31 | NT$13.76 Billion | +7.23% |
| 2005-12-31 | NT$12.83 Billion | +8.32% |
| 2004-12-31 | NT$11.85 Billion | +6.67% |
| 2003-12-31 | NT$11.11 Billion | +4.43% |
| 2002-12-31 | NT$10.63 Billion | +8.79% |
| 2001-12-31 | NT$9.78 Billion | +7.58% |
| 2000-12-31 | NT$9.09 Billion | -- |