Pony AI Inc. American Depositary Shares (PONY) - Net Assets
Based on the latest financial reports, Pony AI Inc. American Depositary Shares (PONY) has net assets worth $1.71 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.81 Billion) and total liabilities ($103.84 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. Also explore total assets of Pony AI Inc. American Depositary Shares for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.71 Billion |
| % of Total Assets | 94.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.54 |
Pony AI Inc. American Depositary Shares - Net Assets Trend (2021–2025)
This chart illustrates how Pony AI Inc. American Depositary Shares's net assets have evolved over time, based on quarterly financial data. Check Pony AI Inc. American Depositary Shares tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Pony AI Inc. American Depositary Shares (2021–2025)
The table below shows the annual net assets of Pony AI Inc. American Depositary Shares from 2021 to 2025. For live valuation and market cap data, see Pony AI Inc. American Depositary Shares market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.71 Billion | +76.42% |
| 2024-12-31 | $968.71 Million | +39.35% |
| 2023-12-31 | $695.17 Million | +228.83% |
| 2022-12-31 | $-539.59 Million | -35.50% |
| 2021-12-31 | $-398.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pony AI Inc. American Depositary 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 95540500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $3.07 Billion | 186.06% |
| Total Equity | $1.65 Billion | 100.00% |
Pony AI Inc. American Depositary Shares Competitors by Market Cap
The table below lists competitors of Pony AI Inc. American Depositary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aker Solutions ASA
OL:AKSO
|
$2.32 Billion |
|
Tonghua Dongbao Pharmaceutical Co Ltd
SHG:600867
|
$2.32 Billion |
|
Guangzhou Fangbang Electronics Co Ltd
SHG:688020
|
$2.33 Billion |
|
National Energy Services Reunited Corp Ordinary Shares
NASDAQ:NESR
|
$2.33 Billion |
|
Sime Darby Property Bhd
KLSE:5288
|
$2.32 Billion |
|
Hainan Mining Co Ltd
SHG:601969
|
$2.32 Billion |
|
REN - Redes Energéticas Nacionais SGPS S.A
LS:RENE
|
$2.32 Billion |
|
Société BIC SA
PA:BB
|
$2.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pony AI Inc. American Depositary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 951,122,000 to 1,652,284,046, a change of 701,162,046 (73.7%).
- Net loss of 134,323,312 reduced equity.
- Dividend payments of 6,435,000 reduced retained earnings.
- New share issuances of 829,456,000 increased equity.
- Other comprehensive income decreased equity by 10,354,000.
- Other factors increased equity by 22,818,358.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-134.32 Million | -8.13% |
| Dividends Paid | $6.43 Million | -0.39% |
| Share Issuances | $829.46 Million | +50.2% |
| Other Comprehensive Income | $-10.35 Million | -0.63% |
| Other Changes | $22.82 Million | +1.38% |
| Total Change | $- | 73.72% |
Book Value vs Market Value Analysis
This analysis compares Pony AI Inc. American Depositary 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: 1.52x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $-1.15 | $6.59 | x |
| 2022-12-31 | $-1.58 | $6.59 | x |
| 2023-12-31 | $7.69 | $6.59 | x |
| 2024-12-31 | $8.32 | $6.59 | x |
| 2025-12-31 | $4.35 | $6.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pony AI Inc. American Depositary 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): -8.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -148.85%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.10x
- Recent ROE (-8.13%) is above the historical average (-11.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -2768.31% | 0.01x | 0.00x | $-184.49 Million |
| 2022 | 0.00% | -216.44% | 0.09x | 0.00x | $-92.87 Million |
| 2023 | -18.25% | -173.59% | 0.10x | 1.09x | $-193.21 Million |
| 2024 | -28.82% | -365.37% | 0.07x | 1.10x | $-369.23 Million |
| 2025 | -8.13% | -148.85% | 0.05x | 1.10x | $-299.55 Million |
Industry Comparison
This section compares Pony AI Inc. American Depositary Shares's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $2,524,880,218
- Average return on equity (ROE) among peers: 1.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pony AI Inc. American Depositary Shares (PONY) | $1.71 Billion | 0.00% | 0.06x | $2.32 Billion |
| Accenture plc (ACN) | $20.10 Billion | 29.39% | 1.15x | $83.23 Billion |
| Alithya Group Inc (ALYAF) | $184.56 Million | 0.70% | 1.31x | $64.89 Million |
| Applied Digital Corporation (APLD) | $9.96 Million | -4.26% | 0.08x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $294.49 Million | 24.92% | 0.12x | $7.94 Million |
| ASGN Inc (ASGN) | $76.64 Million | -0.13% | 0.22x | $897.55 Million |
| Aurora Innovation Inc (AUR) | $1.99 Billion | -40.10% | 0.13x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $100.40 Million | -2.54% | 1.18x | $1.57 Billion |
| Broadridge Financial Solutions Inc (BR) | $1.35 Billion | 34.35% | 2.63x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $160.72 Million | -40.85% | 0.13x | $18.91 Million |
| CACI International Inc (CACI) | $993.33 Million | 9.61% | 1.02x | $10.75 Billion |
About Pony AI Inc. American Depositary Shares
Pony AI Inc., through its subsidiaries, engages in the autonomous mobility business in the People's Republic of China and internationally. The company provides robotaxi services that include autonomous vehicle (AV) engineering solutions, such as AV software deployment and maintenance; vehicle integration and engineering; and road-testing services to original equipment manufacturers and transporta… Read more