Lucid Group Inc
Lucid Group, Inc., a technology company, designs, develops, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. The company provides Lucid Air sedan and Lucid Gravity SUV. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, includin… Read more
Lucid Group Inc (LCID) - Net Assets
Latest net assets as of December 2025: $717.29 Million USD
Based on the latest financial reports, Lucid Group Inc (LCID) has net assets worth $717.29 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.39 Billion) and total liabilities ($7.67 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $717.29 Million |
| % of Total Assets | 8.55% |
| Annual Growth Rate | 7.89% |
| 5-Year Change | -81.65% |
| 10-Year Change | N/A |
| Growth Volatility | 151.96 |
Lucid Group Inc - Net Assets Trend (2019–2025)
This chart illustrates how Lucid Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lucid Group Inc (2019–2025)
The table below shows the annual net assets of Lucid Group Inc from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $717.29 Million | -81.48% |
| 2024-12-31 | $3.87 Billion | -20.18% |
| 2023-12-31 | $4.85 Billion | +11.54% |
| 2022-12-31 | $4.35 Billion | +11.26% |
| 2021-12-31 | $3.91 Billion | +396.44% |
| 2020-12-31 | $-1.32 Billion | -390.04% |
| 2019-12-31 | $454.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lucid Group 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 1497323200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $33.00K | 0.00% |
| Other Comprehensive Income | $11.69 Million | 1.63% |
| Other Components | $16.32 Billion | 2274.73% |
| Total Equity | $717.29 Million | 100.00% |
Lucid Group Inc Competitors by Market Cap
The table below lists competitors of Lucid Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tabcorp Holdings Ltd
AU:TAH
|
$1.38 Billion |
|
Hebei Hengshui Laobaigan Liquor Co Ltd
SHG:600559
|
$1.38 Billion |
|
Diagnostyka S.A.
WAR:DIA
|
$1.38 Billion |
|
Vcanbio Cell & Gene Engineering Corp Ltd
SHG:600645
|
$1.38 Billion |
|
BBMG Corp Class A
SHG:601992
|
$1.38 Billion |
|
Kirloskar Oil Engines Limited
NSE:KIRLOSENG
|
$1.38 Billion |
|
ASCENTAGE PHARM. DL-0001
F:36X
|
$1.38 Billion |
|
W.T.B. Financial Corporation
PINK:WTBFA
|
$1.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lucid Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,872,812,000 to 717,287,000, a change of -3,155,525,000 (-81.5%).
- Net loss of 2,698,051,000 reduced equity.
- New share issuances of 300,000,000 increased equity.
- Other comprehensive income increased equity by 13,791,000.
- Other factors decreased equity by 771,265,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.70 Billion | -376.15% |
| Share Issuances | $300.00 Million | +41.82% |
| Other Comprehensive Income | $13.79 Million | +1.92% |
| Other Changes | $-771.26 Million | -107.53% |
| Total Change | $- | -81.48% |
Book Value vs Market Value Analysis
This analysis compares Lucid Group 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
- Current price-to-book ratio: 45.09x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.06x to 45.09x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $183.15 | $10.32 | x |
| 2020-12-31 | $-531.21 | $10.32 | x |
| 2021-12-31 | $52.80 | $10.32 | x |
| 2022-12-31 | $25.69 | $10.32 | x |
| 2023-12-31 | $23.31 | $10.32 | x |
| 2024-12-31 | $15.84 | $10.32 | x |
| 2025-12-31 | $0.23 | $10.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lucid Group 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): -376.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -199.30%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 11.69x
- Recent ROE (-376.15%) is below the historical average (-94.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -61.00% | -6042.64% | 0.01x | 1.27x | $-322.83 Million |
| 2020 | 0.00% | -18093.06% | 0.00x | 0.00x | $-587.50 Million |
| 2021 | -65.99% | -9515.55% | 0.00x | 2.02x | $-2.97 Billion |
| 2022 | -29.99% | -214.49% | 0.08x | 1.81x | $-1.74 Billion |
| 2023 | -58.30% | -475.15% | 0.07x | 1.75x | $-3.31 Billion |
| 2024 | -70.08% | -335.95% | 0.08x | 2.49x | $-3.10 Billion |
| 2025 | -376.15% | -199.30% | 0.16x | 11.69x | $-2.77 Billion |
Industry Comparison
This section compares Lucid Group Inc'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 |
|---|---|---|---|---|
| Lucid Group Inc (LCID) | $717.29 Million | -61.00% | 10.69x | $1.38 Billion |
| 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 |