AYRO Inc
StableX Technologies, Inc. designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States. The company offers four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. It also pro… Read more
AYRO Inc (AYRO) - Net Assets
Latest net assets as of June 2025: $-13.11 Million USD
Based on the latest financial reports, AYRO Inc (AYRO) has net assets worth $-13.11 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.19 Million) and total liabilities ($22.30 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-13.11 Million |
| % of Total Assets | -142.53% |
| Annual Growth Rate | 0.42% |
| 5-Year Change | -68.83% |
| 10-Year Change | N/A |
| Growth Volatility | 17939.26 |
AYRO Inc - Net Assets Trend (2004–2024)
This chart illustrates how AYRO Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AYRO Inc (2004–2024)
The table below shows the annual net assets of AYRO Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.27 Million | -51.56% |
| 2023-12-31 | $25.33 Million | -51.34% |
| 2022-12-31 | $52.06 Million | -29.10% |
| 2021-12-31 | $73.42 Million | +86.56% |
| 2020-12-31 | $39.36 Million | +56987.18% |
| 2019-12-31 | $68.94K | -97.73% |
| 2018-12-31 | $3.04 Million | +167.68% |
| 2017-12-31 | $-4.49 Million | -301.75% |
| 2016-12-31 | $2.23 Million | +1700.20% |
| 2015-12-31 | $-139.06K | -105.59% |
| 2014-12-31 | $2.49 Million | +121.57% |
| 2006-12-31 | $-11.54 Million | +1.19% |
| 2005-12-31 | $-11.68 Million | -203.45% |
| 2004-12-31 | $11.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AYRO 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 11641827100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $855.00 | 0.01% |
| Other Components | $129.35 Million | 1054.28% |
| Total Equity | $12.27 Million | 100.00% |
AYRO Inc Competitors by Market Cap
The table below lists competitors of AYRO Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Charger Metals NL
AU:CHR
|
$4.36 Million |
|
Sala @ Sathorn Property Fund
BK:SSPF
|
$4.37 Million |
|
Pure Energy Minerals Limited
OTCQB:PEMIF
|
$4.37 Million |
|
RKEC Projects Limited
NSE:RKEC
|
$4.37 Million |
|
Windrock Land Co
PINK:WRLC
|
$4.36 Million |
|
TPI Composites Inc
NASDAQ:TPIC
|
$4.36 Million |
|
Provaris Energy Ltd
AU:PV1
|
$4.36 Million |
|
Sierra Nevada Gold Inc
AU:SNX
|
$4.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AYRO Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,331,666 to 12,269,447, a change of -13,062,219 (-51.6%).
- Net loss of 1,755,479 reduced equity.
- Dividend payments of 1,878,713 reduced retained earnings.
- Share repurchases of 10,860,809 reduced equity.
- Other comprehensive income increased equity by 11,193,939.
- Other factors decreased equity by 9,761,157.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.76 Million | -14.31% |
| Dividends Paid | $1.88 Million | -15.31% |
| Share Repurchases | $10.86 Million | -88.52% |
| Other Comprehensive Income | $11.19 Million | +91.23% |
| Other Changes | $-9.76 Million | -79.56% |
| Total Change | $- | -51.56% |
Book Value vs Market Value Analysis
This analysis compares AYRO 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: 3.56x
- 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 increased from 0.65x to 3.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $10.97 | $7.08 | x |
| 2005-12-31 | $370.08 | $7.08 | x |
| 2006-12-31 | $641.97 | $7.08 | x |
| 2007-12-31 | $643.22 | $7.08 | x |
| 2008-12-31 | $599.62 | $7.08 | x |
| 2009-12-31 | $662.38 | $7.08 | x |
| 2010-12-31 | $699.93 | $7.08 | x |
| 2011-12-31 | $292.22 | $7.08 | x |
| 2012-12-31 | $54.84 | $7.08 | x |
| 2013-12-31 | $-14.30 | $7.08 | x |
| 2014-12-31 | $35.57 | $7.08 | x |
| 2015-12-31 | $-9.99 | $7.08 | x |
| 2016-12-31 | $5.45 | $7.08 | x |
| 2017-12-31 | $-10.98 | $7.08 | x |
| 2018-12-31 | $7.43 | $7.08 | x |
| 2019-12-31 | $0.19 | $7.08 | x |
| 2020-12-31 | $10.92 | $7.08 | x |
| 2021-12-31 | $16.70 | $7.08 | x |
| 2022-12-31 | $11.24 | $7.08 | x |
| 2023-12-31 | $5.32 | $7.08 | x |
| 2024-12-31 | $1.99 | $7.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AYRO 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): -14.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2752.53%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.77x
- Recent ROE (-14.31%) is above the historical average (-705.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -1.10% | -0.56% | 1.06x | 1.85x | $-1.25 Million |
| 2005 | 10.52% | 3.31% | 288.84x | 0.01x | $66.14K |
| 2006 | -4.99% | -3.11% | 2483.08x | 0.00x | $-4.88 Million |
| 2007 | 8.91% | 6.56% | 0.00x | 0.00x | $-559.60K |
| 2008 | 6.94% | 4.02% | 0.00x | 0.00x | $-1.80 Million |
| 2009 | 2.82% | 1.56% | 0.00x | 0.00x | $-4.25 Million |
| 2010 | 1.40% | 0.81% | 0.00x | 0.00x | $-5.24 Million |
| 2011 | -144.99% | -38.03% | 0.00x | 0.00x | $-39.37 Million |
| 2012 | -430.99% | -22.23% | 0.00x | 0.00x | $-21.02 Million |
| 2013 | 0.00% | -16.33% | 0.00x | 0.00x | $-6.73 Million |
| 2014 | -444.36% | -52.01% | 4.86x | 1.76x | $-11.31 Million |
| 2015 | 0.00% | -37.94% | 1.61x | 0.00x | $-9.19 Million |
| 2016 | -162.70% | -24.87% | 2.51x | 2.61x | $-3.84 Million |
| 2017 | 0.00% | -178.29% | 3.54x | 0.00x | $-7.19 Million |
| 2018 | -525.91% | -301.32% | 0.94x | 1.85x | $-16.28 Million |
| 2019 | -12821.26% | -993.02% | 0.32x | 40.30x | $-8.85 Million |
| 2020 | -28.78% | -706.18% | 0.04x | 1.07x | $-15.26 Million |
| 2021 | -45.13% | -1234.67% | 0.03x | 1.06x | $-40.48 Million |
| 2022 | -88.11% | -1533.88% | 0.05x | 1.06x | $-51.08 Million |
| 2023 | -134.85% | -6846.92% | 0.01x | 2.09x | $-36.69 Million |
| 2024 | -14.31% | -2752.53% | 0.00x | 1.77x | $-2.98 Million |
Industry Comparison
This section compares AYRO Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $26,070,913,580
- Average return on equity (ROE) among peers: -42.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AYRO Inc (AYRO) | $-13.11 Million | -1.10% | N/A | $4.36 Million |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| BYD Company Limited (BYDDF) | $60.69 Billion | 4.58% | 2.21x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |