ECARX Holdings Inc. Class A Ordinary shares (ECX) - Net Assets
Based on the latest financial reports, ECARX Holdings Inc. Class A Ordinary shares (ECX) has net assets worth $-259.90 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($720.90 Million) and total liabilities ($980.80 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 ECARX Holdings Inc. Class A Ordinary sha (ECX) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-259.90 Million |
| % of Total Assets | -36.05% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ECARX Holdings Inc. Class A Ordinary shares - Net Assets Trend (2020–2025)
This chart illustrates how ECARX Holdings Inc. Class A Ordinary shares's net assets have evolved over time, based on quarterly financial data. See ECARX Holdings Inc. Class A Ordinary sha defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ECARX Holdings Inc. Class A Ordinary shares (2020–2025)
The table below shows the annual net assets of ECARX Holdings Inc. Class A Ordinary shares from 2020 to 2025. For live valuation and market cap data, see ECX company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-283.32 Million | +83.76% |
| 2024-12-31 | $-1.74 Billion | -109.10% |
| 2023-12-31 | $-834.46 Million | -2321.81% |
| 2022-12-31 | $-34.46 Million | +94.61% |
| 2021-12-31 | $-639.81 Million | +65.07% |
| 2020-12-31 | $-1.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ECARX Holdings Inc. Class A Ordinary shares'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 105228317800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-20.19 Million | % |
| Other Components | $927.85 Million | % |
| Total Equity | $-282.52 Million | 100.00% |
ECARX Holdings Inc. Class A Ordinary shares Competitors by Market Cap
The table below lists competitors of ECARX Holdings Inc. Class A Ordinary shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berto Acquisition Corp. Ordinary Shares
NASDAQ:TACO
|
$392.45 Million |
|
Kailong High Technology Co. Ltd.
SHE:300912
|
$392.46 Million |
|
Suli Co Ltd
SHG:603585
|
$392.51 Million |
|
VTEX
NYSE:VTEX
|
$392.56 Million |
|
Korea Line
KO:005880
|
$391.95 Million |
|
Weihai Huadong Automation Co Ltd
SHE:002248
|
$391.92 Million |
|
KAISA JiaYun Technology Inc
SHE:300242
|
$391.85 Million |
|
Sinopower Semiconductor
TWO:6435
|
$391.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ECARX Holdings Inc. Class A Ordinary shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,759,660,000 to -282,524,708, a change of 1,477,135,292.
- Net loss of 66,043,000 reduced equity.
- Share repurchases of 28,985,000 reduced equity.
- New share issuances of 43,200,000 increased equity.
- Other comprehensive income increased equity by 343,310,382.
- Other factors increased equity by 1,185,652,910.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-66.04 Million | -23.38% |
| Share Repurchases | $28.98 Million | -10.26% |
| Share Issuances | $43.20 Million | +15.29% |
| Other Comprehensive Income | $343.31 Million | +121.52% |
| Other Changes | $1.19 Billion | +419.66% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ECARX Holdings Inc. Class A Ordinary shares'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-49.12 | $1.17 | x |
| 2021-12-31 | $-17.17 | $1.17 | x |
| 2022-12-31 | $-0.82 | $1.17 | x |
| 2023-12-31 | $-2.73 | $1.17 | x |
| 2024-12-31 | $-5.23 | $1.17 | x |
| 2025-12-31 | $-0.83 | $1.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ECARX Holdings Inc. Class A Ordinary shares 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.79%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -19.62% | 0.87x | 0.00x | $-255.35 Million |
| 2021 | 0.00% | -6.63% | 4.47x | 0.00x | $-119.81 Million |
| 2022 | 0.00% | -6.36% | 0.75x | 0.00x | $-207.07 Million |
| 2023 | 0.00% | -2.82% | 1.10x | 0.00x | $-40.54 Million |
| 2024 | 0.00% | -2.27% | 1.49x | 0.00x | $48.25 Million |
| 2025 | 0.00% | -7.79% | 1.28x | 0.00x | $-37.79 Million |
Industry Comparison
This section compares ECARX Holdings Inc. Class A Ordinary shares's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,366,091,496
- Average return on equity (ROE) among peers: 18.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ECARX Holdings Inc. Class A Ordinary shares (ECX) | $-259.90 Million | 0.00% | N/A | $392.07 Million |
| Advance Auto Parts Inc (AAP) | $1.03 Billion | 22.44% | 1.60x | $3.66 Billion |
| Adient PLC (ADNT) | $2.42 Billion | -4.96% | 2.78x | $1.57 Billion |
| Allison Transmission Holdings Inc (ALSN) | $1.19 Billion | 15.31% | 2.71x | $9.78 Billion |
| Autoliv Inc (ALV) | $3.44 Billion | 13.59% | 1.16x | $8.92 Billion |
| Aptiv PLC (APTV) | $11.84 Billion | 24.56% | 1.06x | $12.76 Billion |
| Atmus Filtration Technologies Inc. (ATMU) | $227.40 Million | 81.62% | 4.23x | $4.40 Billion |
| American Axle & Manufacturing (AXL) | $994.80 Million | 5.63% | 1.68x | $1.36 Billion |
| AutoZone Inc (AZO) | $-1.25 Billion | 0.00% | 0.00x | $51.55 Billion |
| BorgWarner Inc (BWA) | $3.69 Billion | 17.77% | 0.96x | $13.97 Billion |
| China Automotive Systems Inc (CAAS) | $76.49 Million | 6.29% | 0.99x | $133.96 Million |
About ECARX Holdings Inc. Class A Ordinary shares
ECARX Holdings Inc., through its subsidiaries, provides automotive computing platforms in China and internationally. The company offers intelligent cockpit, intelligent driving, and fusion platforms, as well as System-on-a-Chip and Cloudpeak software. It also provides infotainment head units, digital cockpits, autonomous driving control units, vehicle chip-set solutions, core operating systems, a… Read more