Full Truck Alliance Co Ltd ADR Net Assets
Full Truck Alliance Co Ltd ADR net assets. Based on the latest financial reports, Full Truck Alliance Co Ltd ADR (YMM) has net assets worth $41.02 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 ($44.64 Billion) and total liabilities ($3.62 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. Also explore net asset growth rate of Full Truck Alliance Co Ltd ADR to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $41.02 Billion |
| % of Total Assets | 91.88% |
| Annual Growth Rate | 18.98% |
| 5-Year Change | 30.98% |
| 10-Year Change | N/A |
| Growth Volatility | 20.14 |
Net Assets of Full Truck Alliance Co Ltd ADR (2019–2025)
Net assets of Full Truck Alliance Co Ltd ADR from 2019 to 2025. This chart illustrates how Full Truck Alliance Co Ltd ADR's net assets have evolved over time, based on quarterly financial data. See how leveraged is Full Truck Alliance Co Ltd ADR's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Full Truck Alliance Co Ltd ADR (2019–2025)
The table below shows the annual net assets of Full Truck Alliance Co Ltd ADR from 2019 to 2025. For live market cap and overall valuation, see how much is Full Truck Alliance Co Ltd ADR worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $41.30 Billion | +8.29% |
| 2024-12-31 | $38.14 Billion | +6.24% |
| 2023-12-31 | $35.89 Billion | +6.18% |
| 2022-12-31 | $33.81 Billion | +7.23% |
| 2021-12-31 | $31.53 Billion | +36.77% |
| 2020-12-31 | $23.05 Billion | +58.39% |
| 2019-12-31 | $14.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Full Truck Alliance Co Ltd ADR'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 287062656900.0% over the analyzed period, indicating profitable operations and earnings retention.
Full Truck Alliance Co Ltd ADR Net Assets Breakdown (December 2025)
Full Truck Alliance Co Ltd ADR net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.35 Million | 0.00% |
| Other Comprehensive Income | $2.72 Billion | 6.80% |
| Other Components | $44.36 Billion | 110.73% |
| Total Equity | $40.06 Billion | 100.00% |
Full Truck Alliance Co Ltd ADR Competitors by Market Cap
The table below lists competitors of Full Truck Alliance Co Ltd ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oil India Limited
NSE:OIL
|
$7.99 Billion |
|
Pentair plc
F:PNT
|
$7.99 Billion |
|
Evonik Industries AG
F:EVK
|
$7.99 Billion |
|
Merlin Properties SOCIMI SA
MC:MRL
|
$7.99 Billion |
|
Vicinity Centres
AU:VCX
|
$7.98 Billion |
|
The Hanover Insurance Group Inc
NYSE:THG
|
$7.98 Billion |
|
Shandong Hi-speed Co Ltd
SHG:600350
|
$7.97 Billion |
|
Praxis Precision Medicines Inc
NASDAQ:PRAX
|
$7.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Full Truck Alliance Co Ltd ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 37,676,726,000 to 40,056,695,557, a change of 2,379,969,557 (6.3%).
- Net income of 4,408,169,000 contributed positively to equity growth.
- Dividend payments of 1,425,136,000 reduced retained earnings.
- Share repurchases of 406,936,000 reduced equity.
- Other comprehensive income decreased equity by 500,142,612.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.41 Billion | +11.0% |
| Dividends Paid | $1.43 Billion | -3.56% |
| Share Repurchases | $406.94 Million | -1.02% |
| Other Comprehensive Income | $-500.14 Million | -1.25% |
| Other Changes | $304.02 Million | +0.76% |
| Total Change | $- | 6.32% |
Book Value vs Market Value Analysis
This analysis compares Full Truck Alliance Co Ltd ADR'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: 0.22x
- 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.
- The price-to-book ratio has decreased from 0.63x to 0.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $13.40 | $8.50 | x |
| 2020-12-31 | $21.23 | $8.50 | x |
| 2021-12-31 | $29.24 | $8.50 | x |
| 2022-12-31 | $31.19 | $8.50 | x |
| 2023-12-31 | $33.65 | $8.50 | x |
| 2024-12-31 | $36.05 | $8.50 | x |
| 2025-12-31 | $38.28 | $8.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Full Truck Alliance Co Ltd ADR 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): 11.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.29%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.11x
- Recent ROE (11.00%) is above the historical average (-1.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -10.47% | -61.61% | 0.15x | 1.17x | $-2.98 Billion |
| 2020 | -15.06% | -134.49% | 0.10x | 1.09x | $-5.78 Billion |
| 2021 | -11.62% | -78.47% | 0.14x | 1.09x | $-6.80 Billion |
| 2022 | 1.21% | 6.04% | 0.18x | 1.09x | $-2.96 Billion |
| 2023 | 6.22% | 26.23% | 0.21x | 1.11x | $-1.35 Billion |
| 2024 | 8.15% | 27.32% | 0.27x | 1.10x | $-697.82 Million |
| 2025 | 11.00% | 35.29% | 0.28x | 1.11x | $402.50 Million |
Industry Comparison
This section compares Full Truck Alliance Co Ltd ADR's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $719,612,390
- Average return on equity (ROE) among peers: -70.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Full Truck Alliance Co Ltd ADR (YMM) | $41.02 Billion | -10.47% | 0.09x | $7.98 Billion |
| Adobe Systems Incorporated (ADBE) | $516.37 Million | 20.36% | 0.49x | $99.47 Billion |
| ADEIA CORP (ADEA) | $305.86 Million | 20.06% | 0.05x | $2.36 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 25.85% | 3.57x | $107.69 Billion |
| Autodesk Inc (ADSK) | $21.20 Million | 30.66% | 0.17x | $48.93 Billion |
| AudioEye Inc (AEYE) | $696.01K | -805.71% | 6.23x | $71.03 Million |
| Agilysys Inc (AGYS) | $332.45 Million | 5.86% | 1.45x | $2.95 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $10.70 Million | 0.00% | 0.35x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $14.21 Million |
| PowerFleet, Inc. (AIOT) | $15.14 Million | 1.37% | 0.05x | $387.91 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-15.77 Million | 0.00% | 0.00x | $8.14 Million |
About Full Truck Alliance Co Ltd ADR
Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China and Hong Kong. The company offers freight matching services, such as freight listing and brokerage services; and online transaction services, as well as vari… Read more