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 $-1.98 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.63 Billion) and total liabilities ($6.61 Billion). 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 ECX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-1.98 Billion |
| % of Total Assets | -42.78% |
| 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. Also explore ECARX Holdings Inc. Class A Ordinary sha balance sheet assets for the complete picture of this company's asset base.
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 | $-1.98 Billion | -13.58% |
| 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 decreased by 608281955000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-141.26 Million | % |
| Other Components | $6.49 Billion | % |
| Total Equity | $-1.98 Billion | 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 |
|---|---|
|
Baader Bank Aktiengesellschaft
F:BWB
|
$354.30 Million |
|
Alcor Micro
TWO:8054
|
$354.90 Million |
|
NSI NV
AS:NSI
|
$354.91 Million |
|
Oceana
JSE:OCE
|
$354.91 Million |
|
Avidia Bancorp, Inc.
NYSE:AVBC
|
$353.93 Million |
|
Cable One Inc
NYSE:CABO
|
$353.89 Million |
|
Ouro Fino Saúde Animal Participações S.A
SA:OFSA3
|
$353.85 Million |
|
Helen of Troy Limited
F:HT2
|
$353.75 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 -1,976,250,060, a change of -216,590,060.
- Net loss of 461,544,600 reduced equity.
- Other comprehensive income increased equity by 222,244,381.
- Other factors increased equity by 22,710,159.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-461.54 Million | -23.35% |
| Other Comprehensive Income | $222.24 Million | +11.25% |
| Other Changes | $22.71 Million | +1.15% |
| 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 | $1.14 | x |
| 2021-12-31 | $-17.17 | $1.14 | x |
| 2022-12-31 | $-0.82 | $1.14 | x |
| 2023-12-31 | $-2.73 | $1.14 | x |
| 2024-12-31 | $-5.23 | $1.14 | x |
| 2025-12-31 | $-5.84 | $1.14 | 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: -7.78%
- • 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% | -2.30% | 1.47x | 0.00x | $48.25 Million |
| 2025 | 0.00% | -7.78% | 1.28x | 0.00x | $-263.92 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: $1,506,585,029
- Average return on equity (ROE) among peers: 17.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ECARX Holdings Inc. Class A Ordinary shares (ECX) | $-1.98 Billion | 0.00% | N/A | $354.30 Million |
| Advance Auto Parts Inc (AAP) | $847.91 Million | 46.55% | 3.31x | $3.37 Billion |
| Adient PLC (ADNT) | $5.64 Billion | 5.44% | 0.99x | $1.57 Billion |
| Allison Transmission Holdings Inc (ALSN) | $741.70 Million | 3.99% | 6.16x | $10.32 Billion |
| Autoliv Inc (ALV) | $1.94 Billion | 10.30% | 0.88x | $8.18 Billion |
| Aptiv PLC (APTV) | $2.76 Billion | 45.49% | 3.45x | $12.33 Billion |
| Atmus Filtration Technologies Inc. (ATMU) | $227.40 Million | 81.62% | 4.23x | $4.54 Billion |
| American Axle & Manufacturing (AXL) | $980.40 Million | -49.42% | 5.78x | $1.36 Billion |
| AutoZone Inc (AZO) | $-433.07 Million | 0.00% | 0.00x | $57.92 Billion |
| BorgWarner Inc (BWA) | $2.31 Billion | 16.34% | 1.40x | $11.38 Billion |
| China Automotive Systems Inc (CAAS) | $49.71 Million | 13.81% | 1.12x | $129.73 Million |
About ECARX Holdings Inc. Class A Ordinary shares
ECARX Holdings Inc. develops full-stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology of smart mobility in China and internationally. The company offers system on a chip, central computing platforms, operating systems, and software. Its core products include infotainment head units, autonomous driving control units, digital cock… Read more