Full Truck Alliance Co. Ltd.
Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China and Hong Kong. The company offers freight matching services, such as freight listing and brokerage services; and online transaction services, as well as vari… Read more
Full Truck Alliance Co. Ltd. (892) - Net Assets
Latest net assets as of September 2025: €40.43 Billion EUR
Based on the latest financial reports, Full Truck Alliance Co. Ltd. (892) has net assets worth €40.43 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€44.10 Billion) and total liabilities (€3.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €40.43 Billion |
| % of Total Assets | 91.68% |
| Annual Growth Rate | 6.54% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.48 |
Full Truck Alliance Co. Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Full Truck Alliance Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Full Truck Alliance Co. Ltd. (2021–2024)
The table below shows the annual net assets of Full Truck Alliance Co. Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €38.14 Billion | +6.24% |
| 2023-12-31 | €35.89 Billion | +6.18% |
| 2022-12-31 | €33.81 Billion | +7.23% |
| 2021-12-31 | €31.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Full Truck Alliance Co. Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 564797000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €49.05 Billion | 130.18% |
| Total Equity | €37.68 Billion | 100.00% |
Full Truck Alliance Co. Ltd. Competitors by Market Cap
The table below lists competitors of Full Truck Alliance Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Winbond Electronics Corp
TW:2344
|
$10.24 Billion |
|
BT Group plc
PINK:BTGOF
|
$10.27 Billion |
|
Modine Manufacturing Company
NYSE:MOD
|
$10.27 Billion |
|
Topbuild Corp
NYSE:BLD
|
$10.27 Billion |
|
InterGlobe Aviation Limited
NSE:INDIGO
|
$10.23 Billion |
|
Diploma PLC
PINK:DPMAY
|
$10.23 Billion |
|
Advanced Info Service Public
PINK:AVIFY
|
$10.19 Billion |
|
Texas Pacific Land Trust
NYSE:TPL
|
$10.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Full Truck Alliance Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,604,506,000 to 37,676,726,000, a change of 2,072,220,000 (5.8%).
- Net income of 3,069,849,000 contributed positively to equity growth.
- Dividend payments of 1,064,155,000 reduced retained earnings.
- Share repurchases of 575,275,000 reduced equity.
- Other factors increased equity by 641,801,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.07 Billion | +8.15% |
| Dividends Paid | €1.06 Billion | -2.82% |
| Share Repurchases | €575.27 Million | -1.53% |
| Other Changes | €641.80 Million | +1.7% |
| Total Change | €- | 5.82% |
Book Value vs Market Value Analysis
This analysis compares Full Truck Alliance Co. Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.24x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.41x to 4.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €1.42 | €7.70 | x |
| 2022-12-31 | €1.58 | €7.70 | x |
| 2023-12-31 | €1.70 | €7.70 | x |
| 2024-12-31 | €1.81 | €7.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Full Truck Alliance Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.32%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.10x
- Recent ROE (8.15%) is above the historical average (0.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -11.62% | -78.47% | 0.14x | 1.09x | €-6.80 Billion |
| 2022 | 1.21% | 6.04% | 0.18x | 1.09x | €-2.96 Billion |
| 2023 | 6.22% | 26.23% | 0.21x | 1.11x | €-1.35 Billion |
| 2024 | 8.15% | 27.32% | 0.27x | 1.10x | €-697.82 Million |
Industry Comparison
This section compares Full Truck Alliance Co. Ltd.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $273,271,989
- Average return on equity (ROE) among peers: -24.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Full Truck Alliance Co. Ltd. (892) | €40.43 Billion | -11.62% | 0.09x | $10.24 Billion |
| Growens S.p.A. (0MU) | $17.53 Million | 2.21% | 2.31x | $21.70K |
| Patriot One Technologies Inc (0PL) | $33.53 Million | -35.74% | 0.02x | $58.49 Million |
| Paycom Soft (0PY) | $1.18 Billion | 23.79% | 2.30x | $5.29 Billion |
| innoscripta SE (1INN) | $53.78 Million | 79.23% | 0.88x | $125.35 Million |
| Nextech3D.AI Corporation (1SS) | $-1.50 Million | 0.00% | 0.00x | $15.13 Million |
| WEIMOB INC. DL-0001 (36W) | $1.25 Billion | -92.35% | 3.67x | $650.52 Million |
| Modelon AB (publ) (3VM) | $53.89 Million | -103.17% | 0.93x | $7.56 Million |
| Hitek Global Inc. (4JX) | $13.53 Million | 10.47% | 0.57x | $4.95 Million |
| Envirosuite Limited (57P) | $116.52 Million | -8.82% | 0.24x | $39.98 Million |
| JanOne Inc (5AR1) | $10.34 Million | -115.69% | 1.81x | $126.85 Million |