Phoenix Motor Inc. Common Stock (PEV) - Net Assets
Based on the latest financial reports, Phoenix Motor Inc. Common Stock (PEV) has net assets worth $9.38 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($57.47 Million) and total liabilities ($48.09 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. Read PEV current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.38 Million |
| % of Total Assets | 16.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | -58.37% |
| 10-Year Change | N/A |
| Growth Volatility | 65.11 |
Phoenix Motor Inc. Common Stock - Net Assets Trend (2019–2024)
This chart illustrates how Phoenix Motor Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore Phoenix Motor Inc. Common Stock assets under control for the complete picture of this company's asset base.
Annual Net Assets for Phoenix Motor Inc. Common Stock (2019–2024)
The table below shows the annual net assets of Phoenix Motor Inc. Common Stock from 2019 to 2024. For live valuation and market cap data, see PEV stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.32 Million | +313.27% |
| 2023-12-31 | $-4.84 Million | -139.40% |
| 2022-12-31 | $12.28 Million | +20.08% |
| 2021-12-31 | $10.23 Million | -58.74% |
| 2020-12-31 | $24.79 Million | +313.03% |
| 2019-12-31 | $-11.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phoenix Motor Inc. Common Stock'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 grown by 1992000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.00K | 0.16% |
| Other Components | $51.58 Million | 499.79% |
| Total Equity | $10.32 Million | 100.00% |
Phoenix Motor Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Phoenix Motor Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RENALYTIX PLC LS-0025
F:2O9
|
$9.20 Million |
|
Coast Copper Corp
V:COCO
|
$9.20 Million |
|
Top Shelf International Holdings Ltd
AU:TSI
|
$9.20 Million |
|
Biofrontera Inc
NASDAQ:BFRI
|
$9.20 Million |
|
Magna Polonia SA
WAR:06N
|
$9.19 Million |
|
Norwest Minerals Ltd
AU:NWM
|
$9.18 Million |
|
AMD Industries Limited
NSE:AMDIND
|
$9.17 Million |
|
Bluelinea SA
PA:ALBLU
|
$9.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phoenix Motor Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,839,000 to 10,320,000, a change of 15,159,000.
- Net income of 7,932,000 contributed positively to equity growth.
- New share issuances of 11,104,000 increased equity.
- Other factors decreased equity by 3,877,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.93 Million | +76.86% |
| Share Issuances | $11.10 Million | +107.6% |
| Other Changes | $-3.88 Million | -37.57% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Phoenix Motor Inc. Common Stock'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: 0.71x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-0.66 | $0.20 | x |
| 2020-12-31 | $1.42 | $0.20 | x |
| 2021-12-31 | $0.52 | $0.20 | x |
| 2022-12-31 | $0.62 | $0.20 | x |
| 2023-12-31 | $-0.23 | $0.20 | x |
| 2024-12-31 | $0.28 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phoenix Motor Inc. Common Stock 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): 76.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.46%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 5.58x
- Recent ROE (76.86%) is above the historical average (-31.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -149.70% | 0.45x | 0.00x | $-4.81 Million |
| 2020 | -18.82% | -103.46% | 0.15x | 1.18x | $-7.14 Million |
| 2021 | -142.88% | -490.90% | 0.19x | 1.51x | $-15.64 Million |
| 2022 | -103.44% | -293.42% | 0.21x | 1.66x | $-13.93 Million |
| 2023 | 0.00% | -661.27% | 0.27x | 0.00x | $-20.16 Million |
| 2024 | 76.86% | 25.46% | 0.54x | 5.58x | $6.90 Million |
Industry Comparison
This section compares Phoenix Motor Inc. Common Stock's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $1,253,988,794
- Average return on equity (ROE) among peers: -138.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phoenix Motor Inc. Common Stock (PEV) | $9.38 Million | 0.00% | 5.12x | $9.20 Million |
| Thunder Power Holdings, Inc. (AIEV) | $-604.50K | 0.00% | 0.00x | $710.14K |
| Robo.ai Inc. (AIIO) | $-55.49 Million | 0.00% | 0.00x | $157.68 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $12.27 Million | -14.31% | 0.77x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $156.96 Million | -471.17% | 0.93x | $40.49K |
| Cenntro Electric Group Ltd (CENN) | $171.89 Million | -64.05% | 0.56x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $171.66 Million | -16.96% | 4.55x | $3.81 Million |
| China Yuchai International Limited (CYD) | $11.84 Billion | 1.85% | 1.04x | $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 Phoenix Motor Inc. Common Stock
Phoenix Motor Inc. designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States and internationally. It provides chargers, electric forklifts, shuttle buses, Type A school buses, utility and service trucks, flatbed and cargo trucks, and walk-in vans. The company offers its products under the Phoenix Motorcars a… Read more