Envirotech Vehicles Inc (EVTV) - Net Assets
Based on the latest financial reports, Envirotech Vehicles Inc (EVTV) has net assets worth $-8.93 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 ($4.67 Million) and total liabilities ($13.60 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 Envirotech Vehicles Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-8.93 Million |
| % of Total Assets | -191.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | -112.11% |
| 10-Year Change | N/A |
| Growth Volatility | 111.57 |
Envirotech Vehicles Inc - Net Assets Trend (2013–2025)
This chart illustrates how Envirotech Vehicles Inc's net assets have evolved over time, based on quarterly financial data. See Envirotech Vehicles Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Envirotech Vehicles Inc (2013–2025)
The table below shows the annual net assets of Envirotech Vehicles Inc from 2013 to 2025. For live valuation and market cap data, see EVTV market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-8.93 Million | -142.67% |
| 2024-12-31 | $20.92 Million | +1.40% |
| 2023-12-31 | $20.63 Million | -35.51% |
| 2022-12-31 | $31.99 Million | -56.61% |
| 2021-12-31 | $73.74 Million | +15717.98% |
| 2020-12-31 | $-472.16K | -114.39% |
| 2019-12-31 | $3.28 Million | -56.84% |
| 2018-12-31 | $7.60 Million | +224.96% |
| 2017-12-31 | $2.34 Million | +186.44% |
| 2016-12-31 | $-2.71 Million | -219.98% |
| 2015-12-31 | $-846.00K | -1704.72% |
| 2013-12-31 | $-46.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Envirotech Vehicles 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 11069667300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $78.00 | % |
| Other Components | $103.66 Million | % |
| Total Equity | $-8.93 Million | 100.00% |
Envirotech Vehicles Inc Competitors by Market Cap
The table below lists competitors of Envirotech Vehicles Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Outback Goldfields Corp
V:OZ
|
$18.11 Million |
|
Mineral Commodities Ltd
AU:MRC
|
$18.11 Million |
|
DeepMarkit Corp.
NASDAQ:MKTSF
|
$18.11 Million |
|
ACE LIBERTY+STONE LS -25
F:8MW
|
$18.12 Million |
|
Brilliant Earth Group Inc
NASDAQ:BRLT
|
$18.10 Million |
|
Panca Global Securities Tbk
JK:PEGE
|
$18.10 Million |
|
Eason & Co Public Company Limited
BK:EASON
|
$18.09 Million |
|
Conifer Holding Inc
NASDAQ:CNFR
|
$18.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Envirotech Vehicles Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,922,463 to -8,928,105, a change of -29,850,568 (-142.7%).
- Net loss of 39,126,986 reduced equity.
- New share issuances of 426,338 increased equity.
- Other factors increased equity by 8,850,080.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-39.13 Million | -438.25% |
| Share Issuances | $426.34K | +4.78% |
| Other Changes | $8.85 Million | +99.13% |
| Total Change | $- | -142.67% |
Book Value vs Market Value Analysis
This analysis compares Envirotech Vehicles 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $-0.01 | $1.40 | x |
| 2015-12-31 | $-0.25 | $1.40 | x |
| 2016-12-31 | $-0.80 | $1.40 | x |
| 2017-12-31 | $0.70 | $1.40 | x |
| 2018-12-31 | $2.11 | $1.40 | x |
| 2019-12-31 | $0.90 | $1.40 | x |
| 2020-12-31 | $-0.12 | $1.40 | x |
| 2021-12-31 | $6.44 | $1.40 | x |
| 2022-12-31 | $2.13 | $1.40 | x |
| 2023-12-31 | $1.37 | $1.40 | x |
| 2024-12-31 | $1.29 | $1.40 | x |
| 2025-12-31 | $-0.55 | $1.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Envirotech Vehicles 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -658.81%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-124.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -5954.44% | 0.29x | 0.00x | $-1.65 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.95 Million |
| 2016 | 0.00% | -15713.24% | 0.02x | 0.00x | $-10.41 Million |
| 2017 | -936.03% | -2422.90% | 0.17x | 2.27x | $-22.14 Million |
| 2018 | -145.29% | -111.72% | 0.91x | 1.42x | $-11.81 Million |
| 2019 | -157.01% | -21.30% | 2.34x | 3.14x | $-5.48 Million |
| 2020 | 0.00% | -315.01% | 0.04x | 0.00x | $-232.31K |
| 2021 | -10.38% | -374.58% | 0.03x | 1.02x | $-15.03 Million |
| 2022 | -136.91% | -972.43% | 0.13x | 1.05x | $-47.00 Million |
| 2023 | -61.47% | -443.05% | 0.13x | 1.10x | $-14.75 Million |
| 2024 | -42.29% | -473.19% | 0.06x | 1.56x | $-10.94 Million |
| 2025 | 0.00% | -658.81% | 1.27x | 0.00x | $-38.23 Million |
Industry Comparison
This section compares Envirotech Vehicles Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $1,214,974,505
- Average return on equity (ROE) among peers: -62.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Envirotech Vehicles Inc (EVTV) | $-8.93 Million | 0.00% | N/A | $18.10 Million |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $278.23 Million | -14.63% | 0.26x | $374.02 Million |
| Arrival (ARVLF) | $245.97 Million | -33.83% | 0.06x | $1.84K |
| AYRO Inc (AYRO) | $39.36 Million | -28.78% | 0.07x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $17.01 Million | -99.55% | 0.67x | $30.37K |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $-145.49 Million | 0.00% | 0.00x | $3.81 Million |
| China Yuchai International Limited (CYD) | $11.84 Billion | 1.85% | 1.04x | $1.87 Billion |
| Digital Currency X Technology Inc. (DCX) | $-145.49 Million | 0.00% | 0.00x | $48.37 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About Envirotech Vehicles Inc
Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also provides vehicle maintenance and safety inspection services. It serves commer… Read more