Geely Automobile Holdings Limited (GRUA) - Net Assets
Based on the latest financial reports, Geely Automobile Holdings Limited (GRUA) has net assets worth €92.10 Billion EUR (≈ $107.67 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€274.10 Billion ≈ $320.46 Billion USD) and total liabilities (€182.01 Billion ≈ $212.78 Billion USD). 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. Check how tangible is Geely Automobile Holdings Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €92.10 Billion |
| % of Total Assets | 33.6% |
| Annual Growth Rate | 17.94% |
| 5-Year Change | 43.93% |
| 10-Year Change | N/A |
| Growth Volatility | 11.09 |
Geely Automobile Holdings Limited - Net Assets Trend (2016–2024)
This chart illustrates how Geely Automobile Holdings Limited's net assets have evolved over time, based on quarterly financial data. See Geely Automobile Holdings Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Geely Automobile Holdings Limited (2016–2024)
The table below shows the annual net assets of Geely Automobile Holdings Limited from 2016 to 2024. For live valuation and market cap data, see GRUA company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €92.42 Billion ≈ $108.05 Billion |
+8.54% |
| 2023-12-31 | €85.15 Billion ≈ $99.55 Billion |
+11.75% |
| 2022-12-31 | €76.20 Billion ≈ $89.08 Billion |
+8.51% |
| 2021-12-31 | €70.22 Billion ≈ $82.10 Billion |
+9.36% |
| 2020-12-31 | €64.21 Billion ≈ $75.07 Billion |
+16.91% |
| 2019-12-31 | €54.92 Billion ≈ $64.21 Billion |
+21.05% |
| 2018-12-31 | €45.37 Billion ≈ $53.05 Billion |
+30.35% |
| 2017-12-31 | €34.81 Billion ≈ $40.70 Billion |
+41.01% |
| 2016-12-31 | €24.69 Billion ≈ $28.86 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Geely Automobile Holdings Limited'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 271.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €65.19 Billion | 75.16% |
| Other Components | €21.55 Billion | 24.84% |
| Total Equity | €86.74 Billion | 100.00% |
Geely Automobile Holdings Limited Competitors by Market Cap
The table below lists competitors of Geely Automobile Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JB Hunt Transport Services Inc
NASDAQ:JBHT
|
$22.70 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
$22.72 Billion |
|
Grasim Industries Limited
NSE:GRASIM
|
$22.76 Billion |
|
Kuehne + Nagel International AG
F:KNIU
|
$22.79 Billion |
|
Zomato Limited
NSE:ZOMATO
|
$22.68 Billion |
|
Dow Inc
NYSE:DOW
|
$22.66 Billion |
|
Yankuang Energy Group Co Ltd
SHG:600188
|
$22.66 Billion |
|
KeyCorp
NYSE:KEY
|
$22.64 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Geely Automobile Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,508,824,000 to 86,742,225,000, a change of 6,233,401,000 (7.7%).
- Net income of 16,632,398,000 contributed positively to equity growth.
- Dividend payments of 2,120,216,000 reduced retained earnings.
- New share issuances of 1,370,811,000 increased equity.
- Other factors decreased equity by 9,649,592,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €16.63 Billion | +19.17% |
| Dividends Paid | €2.12 Billion | -2.44% |
| Share Issuances | €1.37 Billion | +1.58% |
| Other Changes | €-9.65 Billion | -11.12% |
| Total Change | €- | 7.74% |
Book Value vs Market Value Analysis
This analysis compares Geely Automobile Holdings Limited'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: 5.13x
- 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 11.50x to 5.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.84 | €44.20 | x |
| 2018-12-31 | €5.00 | €44.20 | x |
| 2019-12-31 | €5.94 | €44.20 | x |
| 2020-12-31 | €6.48 | €44.20 | x |
| 2021-12-31 | €6.85 | €44.20 | x |
| 2022-12-31 | €7.47 | €44.20 | x |
| 2023-12-31 | €8.00 | €44.20 | x |
| 2024-12-31 | €8.61 | €44.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Geely Automobile Holdings Limited 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): 19.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.92%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.64x
- Recent ROE (19.17%) is above the historical average (15.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.92% | 9.52% | 0.79x | 2.77x | €2.67 Billion |
| 2017 | 30.85% | 11.46% | 1.09x | 2.47x | €7.19 Billion |
| 2018 | 27.93% | 11.78% | 1.17x | 2.03x | €8.06 Billion |
| 2019 | 15.04% | 8.41% | 0.90x | 1.98x | €2.75 Billion |
| 2020 | 8.70% | 6.01% | 0.83x | 1.74x | €-829.32 Million |
| 2021 | 7.07% | 4.77% | 0.76x | 1.96x | €-2.01 Billion |
| 2022 | 7.00% | 3.56% | 0.94x | 2.10x | €-2.25 Billion |
| 2023 | 6.59% | 2.96% | 0.93x | 2.39x | €-2.74 Billion |
| 2024 | 19.17% | 6.92% | 1.05x | 2.64x | €7.96 Billion |
Industry Comparison
This section compares Geely Automobile Holdings Limited's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $40,990,694,709
- Average return on equity (ROE) among peers: -8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Geely Automobile Holdings Limited (GRUA) | €92.10 Billion | 20.92% | 1.98x | $22.70 Billion |
| Guangzhou Automobile Group Co. Ltd (02G) | $36.20 Billion | 8.83% | 0.72x | $915.03 Million |
| Niu Technologies (0O9) | $931.28 Million | -20.75% | 1.81x | $165.19 Million |
| BAIC Motor Corp Ltd (2B5) | $69.24 Billion | 6.40% | 1.48x | $383.40 Million |
| XPENG INC. CL.A DL-00001 (8XP) | $42.15 Billion | -11.54% | 0.56x | $12.85 Billion |
| XPENG INC. SP.ADS/2 CL.A (8XPA) | $36.33 Billion | -28.56% | 1.32x | $12.54 Billion |
| ASTON MART.LA.UADR LS-001 (A5S0) | $723.50 Million | -73.06% | 3.29x | $390.66 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BMW) | $37.44 Billion | 15.49% | 3.14x | $46.37 Billion |
| Bayerische Motoren Werke Aktiengesellschaft (BMW3) | $16.15 Billion | 12.06% | 2.81x | $4.41 Billion |
| China Yuchai International Limited (CYD) | $11.15 Billion | 6.24% | 0.94x | $1.39 Billion |
| Dongfeng Motor Group Company Limited (D4D) | $159.61 Billion | -2.44% | 1.07x | $3.00 Billion |
About Geely Automobile Holdings Limited
Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles; vehicle transmissions; automobile parts; and related automobile components, including electric powertrain and battery systems, as well as pro… Read more