Lmp Automotive Holdings Inc
LMP Automotive Holdings, Inc., through its subsidiaries, buys, sells, rents and subscribes for, and obtains financing for automobiles online and in person in the United States. It primarily buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, as well as new automobiles from manufacturers and distributors at fleet rates. The company was incorporated in 2… Read more
Lmp Automotive Holdings Inc (LMPX) - Net Assets
Latest net assets as of September 2021: $47.87 Million USD
Based on the latest financial reports, Lmp Automotive Holdings Inc (LMPX) has net assets worth $47.87 Million USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($214.24 Million) and total liabilities ($166.37 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 | $47.87 Million |
| % of Total Assets | 22.34% |
| Annual Growth Rate | 209.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 253.88 |
Lmp Automotive Holdings Inc - Net Assets Trend (2016–2020)
This chart illustrates how Lmp Automotive Holdings 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 Lmp Automotive Holdings Inc (2016–2020)
The table below shows the annual net assets of Lmp Automotive Holdings Inc from 2016 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $29.14 Million | +83.90% |
| 2019-12-31 | $15.85 Million | +62.47% |
| 2018-12-31 | $9.75 Million | +285.20% |
| 2017-12-31 | $2.53 Million | +694.76% |
| 2016-12-31 | $318.61K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lmp Automotive Holdings 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 1541615100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
- The company has 2.6% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $101.00 | 0.00% |
| Treasury Stock | $758.35K | 2.60% |
| Other Components | $45.32 Million | 155.50% |
| Total Equity | $29.14 Million | 100.00% |
Lmp Automotive Holdings Inc Competitors by Market Cap
The table below lists competitors of Lmp Automotive Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FORTIS
BE:12F
|
$436.40K |
|
Asia Media Group Bhd
KLSE:0159
|
$436.50K |
|
Pershing Square Holdings Ltd
PINK:PSHZF
|
$436.53K |
|
MODERNA
STU:0QF
|
$436.96K |
|
Tower Investments SA
WAR:TOW
|
$435.79K |
|
LG CNS
KO:064400
|
$435.63K |
|
US BANCORP - Dusseldorf Stock Exchang
DU:UB5
|
$435.52K |
|
Cleen Energy AG
VI:CLEN
|
$435.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lmp Automotive Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 15,847,437 to 29,144,489, a change of 13,297,052 (83.9%).
- Net loss of 4,815,793 reduced equity.
- Share repurchases of 100,002 reduced equity.
- New share issuances of 17,578,373 increased equity.
- Other comprehensive income increased equity by 109,530.
- Other factors increased equity by 524,944.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.82 Million | -16.52% |
| Share Repurchases | $100.00K | -0.34% |
| Share Issuances | $17.58 Million | +60.31% |
| Other Comprehensive Income | $109.53K | +0.38% |
| Other Changes | $524.94K | +1.8% |
| Total Change | $- | 83.91% |
Book Value vs Market Value Analysis
This analysis compares Lmp Automotive Holdings 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: 0.02x
- 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 0.20x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.31 | $0.06 | x |
| 2018-12-31 | $1.17 | $0.06 | x |
| 2019-12-31 | $0.96 | $0.06 | x |
| 2020-12-31 | $2.98 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lmp Automotive Holdings 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): -16.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.82%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.18x
- Recent ROE (-16.52%) is above the historical average (-37.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -23.11% | 0.00% | 0.00x | 1.06x | $-105.50K |
| 2017 | -56.22% | -37.87% | 0.88x | 1.68x | $-1.68 Million |
| 2018 | -66.54% | -39.07% | 1.17x | 1.46x | $-7.47 Million |
| 2019 | -25.43% | -37.11% | 0.55x | 1.26x | $-5.61 Million |
| 2020 | -16.52% | -15.82% | 0.88x | 1.18x | $-7.73 Million |
Industry Comparison
This section compares Lmp Automotive Holdings Inc's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $479,331,244
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lmp Automotive Holdings Inc (LMPX) | $47.87 Million | -23.11% | 3.48x | $435.89K |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $2.82 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $1.29 Billion |
| Balincan International Inc (ALTB) | $-44.44K | 0.00% | 0.00x | $549.75 Million |
| AMA Group Limited (AMGRF) | $162.85 Million | 10.57% | 0.80x | $14.62 Million |
| AutoNation Inc (AN) | $2.46 Billion | 28.17% | 4.29x | $6.02 Billion |
| AutoCanada Inc (AOCIF) | $86.39 Million | 10.04% | 2.10x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $118.48 Million | -80.39% | 2.00x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-28.41 Million | 0.00% | 0.00x | $21.12 Million |
| Boyd Group Services Inc (BYDGF) | $710.60 Million | 6.21% | 1.21x | $3.03 Billion |
| CarGurus (CARG) | $256.86 Million | 16.41% | 0.53x | $2.65 Billion |