Nxu Inc.
Nxu, Inc., a technology company, engages in building megawatt charging stations in the United States. It offers NxuOne, a charging technology that provides repeatable, consistent power delivery, designed to meet the needs of electric vehicles; and battery cells and battery packs for use in energy storage systems and mobility products. The company was founded in 2016 and is based in Mesa, Arizona.
Nxu Inc. (NXU) - Net Assets
Latest net assets as of March 2025: $126.26 Million USD
Based on the latest financial reports, Nxu Inc. (NXU) has net assets worth $126.26 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 ($183.89 Million) and total liabilities ($57.63 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $126.26 Million |
| % of Total Assets | 68.66% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 164.31 |
Nxu Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Nxu 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 Nxu Inc. (2019–2024)
The table below shows the annual net assets of Nxu Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.03 Million | -9.48% |
| 2023-12-31 | $6.66 Million | +173.65% |
| 2022-12-31 | $-9.05 Million | -338.11% |
| 2021-12-31 | $3.80 Million | +563.56% |
| 2020-12-31 | $-819.74K | -259.61% |
| 2019-12-31 | $-227.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nxu 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 27600128600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.00K | 0.25% |
| Other Comprehensive Income | $-1.90 Million | -31.43% |
| Other Components | $291.30 Million | 4829.23% |
| Total Equity | $6.03 Million | 100.00% |
Nxu Inc. Competitors by Market Cap
The table below lists competitors of Nxu Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reach Resources Ltd
AU:RR1
|
$4.11 Million |
|
Tertiary Minerals plc
PINK:TTIRF
|
$4.11 Million |
|
Norditek Group AB
ST:NOTEK
|
$4.11 Million |
|
Polwax SA
WAR:PWX
|
$4.11 Million |
|
Synergy House Berhad
KLSE:0279
|
$4.11 Million |
|
Mahaka Media Tbk
JK:ABBA
|
$4.10 Million |
|
Canada Computational Unlimited Corp
OTCQB:CCPUF
|
$4.10 Million |
|
Carboclor
BA:CARC
|
$4.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nxu Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,664,000 to 6,032,000, a change of -632,000 (-9.5%).
- Net loss of 23,748,000 reduced equity.
- New share issuances of 13,137,000 increased equity.
- Other comprehensive income decreased equity by 1,896,000.
- Other factors increased equity by 11,875,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-23.75 Million | -393.7% |
| Share Issuances | $13.14 Million | +217.79% |
| Other Comprehensive Income | $-1.90 Million | -31.43% |
| Other Changes | $11.88 Million | +196.87% |
| Total Change | $- | -9.48% |
Book Value vs Market Value Analysis
This analysis compares Nxu 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: 57.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.36 | $2.30 | x |
| 2020-12-31 | $-1.29 | $2.30 | x |
| 2021-12-31 | $5.98 | $2.30 | x |
| 2022-12-31 | $-17.05 | $2.30 | x |
| 2023-12-31 | $0.26 | $2.30 | x |
| 2024-12-31 | $0.04 | $2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nxu 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): -393.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -131933.33%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.41x
- Recent ROE (-393.70%) is above the historical average (-752.42%), 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% | 0.00% | 0.00x | 0.00x | $-6.71 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.58 Million |
| 2021 | -3517.92% | 0.00% | 0.00x | 1.21x | $-134.06 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-71.82 Million |
| 2023 | -602.91% | -8100.40% | 0.04x | 1.99x | $-40.84 Million |
| 2024 | -393.70% | -131933.33% | 0.00x | 1.41x | $-24.35 Million |
Industry Comparison
This section compares Nxu Inc.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nxu Inc. (NXU) | $126.26 Million | 0.00% | 0.46x | $4.11 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |