Next.e.GO N.V. Ordinary Shares
Next.e.GO B.V. manufactures and markets electric vehicles and sustainable mobility systems. It engages in the production of its e.GO Life platform, driving the development of additional models and offering value-adding features to the customers, including the battery swap. The company was founded in 2015 and is based in Aachen, Germany.
Next.e.GO N.V. Ordinary Shares (EGOX) - Net Assets
Latest net assets as of June 2023: $93.93 Million USD
Based on the latest financial reports, Next.e.GO N.V. Ordinary Shares (EGOX) has net assets worth $93.93 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($283.95 Million) and total liabilities ($190.03 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $93.93 Million |
| % of Total Assets | 33.08% |
| Annual Growth Rate | -30.41% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Next.e.GO N.V. Ordinary Shares - Net Assets Trend (2021–2022)
This chart illustrates how Next.e.GO N.V. Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Next.e.GO N.V. Ordinary Shares (2021–2022)
The table below shows the annual net assets of Next.e.GO N.V. Ordinary Shares from 2021 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $117.70 Million | -30.40% |
| 2021-12-31 | $169.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Next.e.GO N.V. 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 72.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $21.50 Million | 18.31% |
| Common Stock | $145.00K | 0.12% |
| Other Components | $95.81 Million | 81.57% |
| Total Equity | $117.46 Million | 100.00% |
Next.e.GO N.V. Ordinary Shares Competitors by Market Cap
The table below lists competitors of Next.e.GO N.V. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CTPartners Executive Search Inc
PINK:CTPR
|
$0.98 |
|
Andatee China Marine Fuel Services
PINK:AMCF
|
$0.98 |
|
Pacific Conquest Holdings Inc
PINK:PCHK
|
$0.98 |
|
MabCure Inc
PINK:MBCI
|
$0.98 |
|
Solar Energy Initiat
PINK:SNRY
|
$0.98 |
|
D7 Enterprises Inc
PINK:DGIF
|
$0.98 |
|
Custom Designed Compressor Systems Inc
PINK:CPYJ
|
$0.98 |
|
Spectacular Solar Inc
PINK:SPSO
|
$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Next.e.GO N.V. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 169,115,000 to 117,457,000, a change of -51,658,000 (-30.5%).
- Net loss of 57,494,000 reduced equity.
- Share repurchases of 216,004,846 reduced equity.
- New share issuances of 5,836,000 increased equity.
- Other factors increased equity by 216,004,846.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-57.49 Million | -48.95% |
| Share Repurchases | $216.00 Million | -183.9% |
| Share Issuances | $5.84 Million | +4.97% |
| Other Changes | $216.00 Million | +183.9% |
| Total Change | $- | -30.55% |
Book Value vs Market Value Analysis
This analysis compares Next.e.GO N.V. 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
- Current price-to-book ratio: 0.00x
- 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 | $5.27 | $0.00 | x |
| 2022-12-31 | $3.76 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Next.e.GO N.V. 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): -48.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1007.43%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 2.08x
- Recent ROE (-48.95%) is below the historical average (-36.69%), 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 | -24.44% | -1177.19% | 0.01x | 1.43x | $-58.24 Million |
| 2022 | -48.95% | -1007.43% | 0.02x | 2.08x | $-69.24 Million |
Industry Comparison
This section compares Next.e.GO N.V. Ordinary Shares's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $23,464,126,061
- Average return on equity (ROE) among peers: -90.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Next.e.GO N.V. Ordinary Shares (EGOX) | $93.93 Million | -24.44% | 2.02x | $0.98 |
| 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 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| 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 |