Thunder Power Holdings, Inc. (AIEV) - Net Assets
Based on the latest financial reports, Thunder Power Holdings, Inc. (AIEV) has net assets worth $6.52 Million USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.56 Million) and total liabilities ($7.03 Million). 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 resilient are Thunder Power Holdings, Inc.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.52 Million |
| % of Total Assets | 48.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Thunder Power Holdings, Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Thunder Power Holdings, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore AIEV current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Thunder Power Holdings, Inc. (2021–2024)
The table below shows the annual net assets of Thunder Power Holdings, Inc. from 2021 to 2024. For live valuation and market cap data, see Thunder Power Holdings, Inc. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.52 Million | +230.52% |
| 2023-12-31 | $-5.00 Million | -105.14% |
| 2022-12-31 | $97.27 Million | +16191.85% |
| 2021-12-31 | $-604.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thunder Power Holdings, Inc.'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 decreased by 475000100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.07K | 0.08% |
| Other Comprehensive Income | $133.00 | 0.00% |
| Other Components | $43.45 Million | 666.05% |
| Total Equity | $6.52 Million | 100.00% |
Thunder Power Holdings, Inc. Competitors by Market Cap
The table below lists competitors of Thunder Power Holdings, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SDM SE
XETRA:75S
|
$711.13K |
|
MEDCAW INVESTMENTS LS-01
F:U09
|
$711.56K |
|
HSS Hire Group PLC
LSE:HSS
|
$713.55K |
|
Founder Group Limited Ordinary Shares
NASDAQ:FGL
|
$714.45K |
|
Volvere PLC
LSE:VLE
|
$709.32K |
|
Logistics Development Group PLC
LSE:LDG
|
$704.91K |
|
Diagonal Bio AB
ST:DIABIO
|
$703.53K |
|
Bitcoin Fund Unit
TO:QBTC
|
$703.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thunder Power Holdings, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 47,884,043 to 6,523,627, a change of -41,360,416 (-86.4%).
- Net loss of 2,502,351 reduced equity.
- Other comprehensive income increased equity by 133.
- Other factors decreased equity by 38,858,198.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.50 Million | -38.36% |
| Other Comprehensive Income | $133.00 | +0.0% |
| Other Changes | $-38.86 Million | -595.65% |
| Total Change | $- | -86.38% |
Book Value vs Market Value Analysis
This analysis compares Thunder Power Holdings, Inc.'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: 0.12x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $-0.01 | $0.02 | x |
| 2022-12-31 | $2.08 | $0.02 | x |
| 2023-12-31 | $4.67 | $0.02 | x |
| 2024-12-31 | $0.13 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thunder Power Holdings, Inc. 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): -38.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.08x
- Recent ROE (-38.36%) is below the historical average (-8.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-863.37K |
| 2022 | 0.42% | 0.00% | 0.00x | 1.04x | $-9.32 Million |
| 2023 | 2.79% | 0.00% | 0.00x | 0.03x | $-3.45 Million |
| 2024 | -38.36% | 0.00% | 0.00x | 2.08x | $-3.15 Million |
Industry Comparison
This section compares Thunder Power Holdings, Inc.'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $823,779,153
- Average return on equity (ROE) among peers: -1571.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | 0.00% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $10.17K | -145.77% | 13.28x | $157.60 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $68.94K | -12821.26% | 39.30x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $4.06 Million | -335.26% | 4.74x | $40.49K |
| Cenntro Electric Group Ltd (CENN) | $263.77 Million | -6.23% | 0.10x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $112.03 Million | -26.70% | 6.22x | $3.81 Million |
| China Yuchai International Limited (CYD) | $6.79 Billion | 16.65% | 1.39x | $1.50 Billion |
| Digital Currency X Technology Inc. (DCX) | $16.13 Million | -479.02% | 39.53x | $2.99 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About Thunder Power Holdings, Inc.
Thunder Power Holdings, Inc. develops and manufactures electric vehicles. It offers the Coupe, Compact City Car, Long-Range Sedan, and Long-Range SUV. The company is headquartered in Wilmington, Delaware.