Alignment Healthcare LLC (ALHC) - Net Assets
Based on the latest financial reports, Alignment Healthcare LLC (ALHC) has net assets worth $179.28 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.07 Billion) and total liabilities ($886.51 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 Alignment Healthcare LLC's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $179.28 Million |
| % of Total Assets | 16.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | -41.42% |
| 10-Year Change | N/A |
| Growth Volatility | 363.81 |
Alignment Healthcare LLC - Net Assets Trend (2019–2025)
This chart illustrates how Alignment Healthcare LLC's net assets have evolved over time, based on quarterly financial data. Also explore Alignment Healthcare LLC assets under control for the complete picture of this company's asset base.
Annual Net Assets for Alignment Healthcare LLC (2019–2025)
The table below shows the annual net assets of Alignment Healthcare LLC from 2019 to 2025. For live valuation and market cap data, see ALHC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $179.28 Million | +77.58% |
| 2024-12-31 | $100.95 Million | -36.13% |
| 2023-12-31 | $158.07 Million | -33.94% |
| 2022-12-31 | $239.30 Million | -21.81% |
| 2021-12-31 | $306.06 Million | +899.82% |
| 2020-12-31 | $30.61 Million | +138.89% |
| 2019-12-31 | $-78.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alignment Healthcare LLC'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 93030600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $205.00K | 0.11% |
| Other Components | $1.19 Billion | 662.71% |
| Total Equity | $179.28 Million | 100.00% |
Alignment Healthcare LLC Competitors by Market Cap
The table below lists competitors of Alignment Healthcare LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DMG MORI AKTIENGESELLSCHAFT
XETRA:GIL
|
$3.77 Billion |
|
Kingdee International Software Group Company Limited
F:KDIC
|
$3.77 Billion |
|
Wuxi Autowell Technology Co Ltd
SHG:688516
|
$3.77 Billion |
|
Indosat Tbk
JK:ISAT
|
$3.77 Billion |
|
ZoomInfo Technologies Inc
NASDAQ:ZI
|
$3.77 Billion |
|
Taichung Commercial Bank Co Ltd
TW:2812
|
$3.77 Billion |
|
Independent Bank
NASDAQ:INDB
|
$3.77 Billion |
|
China Film Co Ltd
SHG:600977
|
$3.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alignment Healthcare LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 99,851,000 to 179,277,000, a change of 79,426,000 (79.5%).
- Net loss of 724,000 reduced equity.
- Other factors increased equity by 80,150,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-724.00K | -0.4% |
| Other Changes | $80.15 Million | +44.71% |
| Total Change | $- | 79.54% |
Book Value vs Market Value Analysis
This analysis compares Alignment Healthcare LLC'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: 22.38x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.52 | $20.26 | x |
| 2020-12-31 | $0.16 | $20.26 | x |
| 2021-12-31 | $1.78 | $20.26 | x |
| 2022-12-31 | $1.31 | $20.26 | x |
| 2023-12-31 | $0.84 | $20.26 | x |
| 2024-12-31 | $0.52 | $20.26 | x |
| 2025-12-31 | $0.91 | $20.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alignment Healthcare LLC 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): -0.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.02%
- • Asset Turnover: 3.70x
- • Equity Multiplier: 5.94x
- Recent ROE (-0.40%) is above the historical average (-60.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -5.91% | 3.91x | 0.00x | $-36.86 Million |
| 2020 | -74.89% | -2.39% | 2.83x | 11.06x | $-25.99 Million |
| 2021 | -63.81% | -16.72% | 1.85x | 2.06x | $-225.89 Million |
| 2022 | -62.80% | -10.43% | 2.26x | 2.66x | $-173.36 Million |
| 2023 | -94.31% | -8.12% | 3.08x | 3.77x | $-163.71 Million |
| 2024 | -128.23% | -4.74% | 3.46x | 7.83x | $-138.02 Million |
| 2025 | -0.40% | -0.02% | 3.70x | 5.94x | $-18.65 Million |
Industry Comparison
This section compares Alignment Healthcare LLC's net assets metrics with peer companies in the Healthcare Plans industry.
Industry Context
- Industry: Healthcare Plans
- Average net assets among peers: $3,909,355,873
- Average return on equity (ROE) among peers: 9.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alignment Healthcare LLC (ALHC) | $179.28 Million | 0.00% | 4.94x | $3.77 Billion |
| Cigna Corp (CI) | $5.41 Billion | 17.46% | 16.57x | $74.53 Billion |
| Clover Health Investments Corp (CLOV) | $-54.83 Million | 0.00% | 0.00x | $1.00 Billion |
| Centene Corp (CNC) | $64.09 Million | 20.12% | 1.05x | $19.48 Billion |
| CVS Health Corp (CVS) | $1.72 Billion | 23.13% | 0.76x | $101.04 Billion |
| Elevance Health Inc (ELV) | $23.80 Billion | 11.16% | 1.53x | $63.54 Billion |
| Humana Inc (HUM) | $3.05 Billion | 15.96% | 2.32x | $22.79 Billion |
| Molina Healthcare Inc (MOH) | $1.65 Billion | 0.49% | 3.52x | $6.97 Billion |
| Marpai Inc (MRAI) | $-873.14K | 0.00% | 0.00x | $6.21 Million |
| NeueHealth Inc (NEUE) | $-464.07 Million | 0.00% | 0.00x | $60.94 Million |
About Alignment Healthcare LLC
Alignment Healthcare, Inc. operates a consumer-centric healthcare platform for seniors in the United States. It delivers customized healthcare experience to meet the needs of seniors through its Medicare Advantage plans. Alignment Healthcare, Inc. was founded in 2013 and is based in Orange, California.