FDG Electric Vehicles Limited
FDG Electric Vehicles Limited, an investment holding company, researches, designs, develops, manufactures, and sells electric vehicles in the People's Republic of China, the United States, Hong Kong, and internationally. It operates through Vehicle Design and Electric Vehicle Production, Battery Materials Production, and Direct Investments segments. The company also researches, develops, manufact… Read more
FDG Electric Vehicles Limited (CAOHF) - Net Assets
Latest net assets as of September 2019: $-181.77 Million USD
Based on the latest financial reports, FDG Electric Vehicles Limited (CAOHF) has net assets worth $-181.77 Million USD as of September 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($854.54 Million) and total liabilities ($1.04 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-181.77 Million |
| % of Total Assets | -21.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | -130.82% |
| 10-Year Change | N/A |
| Growth Volatility | 145.25 |
FDG Electric Vehicles Limited - Net Assets Trend (2013–2019)
This chart illustrates how FDG Electric Vehicles Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FDG Electric Vehicles Limited (2013–2019)
The table below shows the annual net assets of FDG Electric Vehicles Limited from 2013 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-03-31 | $-92.00 Million | -136.81% |
| 2018-03-31 | $249.95 Million | -55.33% |
| 2017-03-31 | $559.59 Million | +6.38% |
| 2016-03-31 | $526.05 Million | +76.24% |
| 2015-03-31 | $298.49 Million | -2.40% |
| 2014-03-31 | $305.83 Million | +326.54% |
| 2013-03-31 | $71.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FDG Electric Vehicles Limited'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 11746902700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $33.75 Million | % |
| Other Comprehensive Income | $-8.01 Million | % |
| Other Components | $487.52 Million | % |
| Total Equity | $-89.00 Million | 100.00% |
FDG Electric Vehicles Limited Competitors by Market Cap
The table below lists competitors of FDG Electric Vehicles Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Hongjing Optoelectronic Technology Inc.
SHE:301479
|
$131.33K |
|
VALE N1 (CVLC.SG)
STU:CVLC
|
$131.36K |
|
Etex SA
BR:BE0941244536
|
$131.37K |
|
Nature's Miracle Holding Inc. Warrants
NASDAQ:NMHIW
|
$131.42K |
|
Sparinv Ansv Virk.obl IG KL A
CO:SPIVO
|
$131.23K |
|
Model Solution Co. Ltd.
KO:417970
|
$131.23K |
|
Nuveen California Select Tax Free Income Closed Fund
NYSE:NXC
|
$131.23K |
|
TRPPF
OTCGREY:TRPPF
|
$131.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FDG Electric Vehicles Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 125,101,455 to -88,998,146, a change of -214,099,601 (-171.1%).
- Net loss of 253,467,729 reduced equity.
- New share issuances of 338,087,000 increased equity.
- Other comprehensive income decreased equity by 23,938,592.
- Other factors decreased equity by 274,780,280.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-253.47 Million | -284.8% |
| Share Issuances | $338.09 Million | +379.88% |
| Other Comprehensive Income | $-23.94 Million | -26.9% |
| Other Changes | $-274.78 Million | -308.75% |
| Total Change | $- | -171.14% |
Book Value vs Market Value Analysis
This analysis compares FDG Electric Vehicles Limited'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | $77.22 | $0.00 | x |
| 2014-03-31 | $320.62 | $0.00 | x |
| 2015-03-31 | $307.31 | $0.00 | x |
| 2016-03-31 | $423.87 | $0.00 | x |
| 2017-03-31 | $309.91 | $0.00 | x |
| 2018-03-31 | $111.63 | $0.00 | x |
| 2019-03-31 | $-70.46 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FDG Electric Vehicles Limited 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -575.71%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-60.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -95.37% | -602.46% | 0.03x | 4.79x | $-46.18 Million |
| 2014 | -52.28% | -1079.60% | 0.02x | 2.24x | $-139.20 Million |
| 2015 | -19.78% | -134.96% | 0.05x | 2.91x | $-79.56 Million |
| 2016 | -7.07% | -62.79% | 0.04x | 2.69x | $-71.04 Million |
| 2017 | -20.57% | -36.67% | 0.14x | 4.02x | $-106.10 Million |
| 2018 | -227.16% | -231.95% | 0.09x | 10.84x | $-296.70 Million |
| 2019 | 0.00% | -575.71% | 0.05x | 0.00x | $-244.57 Million |
Industry Comparison
This section compares FDG Electric Vehicles Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $176,531,265,977
- Average return on equity (ROE) among peers: 11.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FDG Electric Vehicles Limited (CAOHF) | $-181.77 Million | -95.37% | N/A | $131.32K |
| Altisource Asset Management Corporation (AAMCF) | $-125.84 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $1.03 Billion | 22.44% | 1.60x | $2.95 Billion |
| AB Dynamics plc (ABDDF) | $111.96 Million | 4.23% | 0.26x | $390.81 Million |
| Adient PLC (ADNT) | $2.96 Billion | 37.46% | 2.64x | $1.56 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $94.58 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.57 Billion | 9.65% | 2.41x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $689.00 Million | 73.15% | 5.10x | $9.85 Billion |
| Autoliv Inc (ALV) | $2.65 Billion | 16.43% | 1.85x | $7.60 Billion |
| Aptiv PLC (APTV) | $8.56 Billion | 6.89% | 1.10x | $14.78 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $1.69 Trillion | 7.47% | 0.97x | $5.03 Billion |