Next.e.GO N.V. (EGOXF) - Net Assets
Based on the latest financial reports, Next.e.GO N.V. (EGOXF) 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. Check asset resilience ratio of Next.e.GO N.V. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $93.93 Million |
| % of Total Assets | 33.08% |
| Annual Growth Rate | -48.24% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Next.e.GO N.V. - Net Assets Trend (2021–2022)
This chart illustrates how Next.e.GO N.V.'s net assets have evolved over time, based on quarterly financial data. Also explore Next.e.GO N.V. total assets for the complete picture of this company's asset base.
Annual Net Assets for Next.e.GO N.V. (2021–2022)
The table below shows the annual net assets of Next.e.GO N.V. from 2021 to 2022. For live valuation and market cap data, see EGOXF market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $117.70 Million | -48.22% |
| 2021-12-31 | $227.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Next.e.GO N.V.'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 | 282.60% |
| Common Stock | $145.00K | 1.91% |
| Total Equity | $7.61 Million | 100.00% |
Next.e.GO N.V. Competitors by Market Cap
The table below lists competitors of Next.e.GO N.V. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yeh-Chiang Technology
TWO:6124
|
$9.48K |
|
Trevena Inc
NASDAQ:TRVN
|
$9.50K |
|
Gaucho Group Holdings, Inc.
NASDAQ:VINOQ
|
$9.54K |
|
BANGCHAK CORP. -FGN- BA 1
F:7BP
|
$9.58K |
|
MIRIS HOLDING AB O.N.
F:9W4
|
$9.35K |
|
Hana Microelectronics Public Company Limited
F:HAA1
|
$9.30K |
|
Zenova Group PLC
LSE:ZED
|
$9.27K |
|
Rivco Australia Ltd
AU:RIV
|
$9.15K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Next.e.GO N.V.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 169,115,000 to 7,609,390, a change of -161,505,610 (-95.5%).
- 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 106,157,236.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-57.49 Million | -755.57% |
| Share Repurchases | $216.00 Million | -2838.66% |
| Share Issuances | $5.84 Million | +76.69% |
| Other Changes | $106.16 Million | +1395.08% |
| Total Change | $- | -95.50% |
Book Value vs Market Value Analysis
This analysis compares Next.e.GO N.V.'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 | $0.08 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Next.e.GO N.V. 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): -755.57%
- 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: 32.10x
- Recent ROE (-755.57%) is below the historical average (-390.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -24.44% | -1177.19% | 0.01x | 1.40x | $-58.24 Million |
| 2022 | -755.57% | -1007.43% | 0.02x | 32.10x | $-58.25 Million |
Industry Comparison
This section compares Next.e.GO N.V.'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $742,053,600
- Average return on equity (ROE) among peers: -1417.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Next.e.GO N.V. (EGOXF) | $93.93 Million | -24.44% | 2.02x | $9.44K |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $10.17K | -145.77% | 13.28x | $157.60 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $68.94K | -12821.26% | 39.30x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $4.06 Million | -335.26% | 4.74x | $40.49K |
| Cenntro Electric Group Ltd (CENN) | $263.77 Million | -6.23% | 0.10x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $112.03 Million | -26.70% | 6.22x | $3.81 Million |
| China Yuchai International Limited (CYD) | $6.79 Billion | 16.65% | 1.39x | $1.50 Billion |
| Digital Currency X Technology Inc. (DCX) | $16.13 Million | -479.02% | 39.53x | $2.99 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About Next.e.GO N.V.
Next.e.GO N.V. designs, manufactures, and sells electric vehicles. The company is based in Aachen, Germany. Next.e.GO N.V. (NasdaqGM : EGOX) operates as a subsidiary of Nd Industrial Investments B.V..