E Automotive Inc.
E Automotive Inc. engages in the provision of a wholesale auction marketplace, and engages in developing, marketing, and distributing digital retailing software supporting the automotive industry in Canada and the United States. The company operates its digital wholesale marketplace platforms under EBlock and EDealer brands, which helps the dealers to provide online wholesale vehicle auctions whe… Read more
E Automotive Inc. (EICCF) - Net Assets
Latest net assets as of June 2025: $68.98 Million USD
Based on the latest financial reports, E Automotive Inc. (EICCF) has net assets worth $68.98 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($146.42 Million) and total liabilities ($77.45 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 | $68.98 Million |
| % of Total Assets | 47.11% |
| Annual Growth Rate | 39.82% |
| 5-Year Change | 89.77% |
| 10-Year Change | N/A |
| Growth Volatility | 138.27 |
E Automotive Inc. - Net Assets Trend (2019–2024)
This chart illustrates how E Automotive 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 E Automotive Inc. (2019–2024)
The table below shows the annual net assets of E Automotive Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $68.77 Million | -21.62% |
| 2023-12-31 | $87.74 Million | -20.95% |
| 2022-12-31 | $111.00 Million | -25.61% |
| 2021-12-31 | $149.21 Million | +311.73% |
| 2020-12-31 | $36.24 Million | +181.76% |
| 2019-12-31 | $12.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to E Automotive 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 2222664600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $145.67 Million | 211.81% |
| Other Comprehensive Income | $-19.83 Million | -28.83% |
| Total Equity | $68.77 Million | 100.00% |
E Automotive Inc. Competitors by Market Cap
The table below lists competitors of E Automotive Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sure Ventures PLC
LSE:SURE
|
$652.76 |
|
Shapeways Holdings, Inc
NASDAQ:SHPWQ
|
$653.09 |
|
PT Indokripto Koin Semesta Tbk
JK:COIN
|
$653.28 |
|
MART RESOURCES
BE:NJ9
|
$654.55 |
|
LPA Group
LSE:LPA
|
$651.11 |
|
Dizon Copper Silver Mines Inc
PSE:DIZ
|
$650.93 |
|
Dankotuwa Porcelain PLC
CM:DPLN0000
|
$650.01 |
|
Lightning eMotors Inc.
PINK:ZEVY
|
$649.73 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E Automotive Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,739,000 to 68,773,068, a change of -18,965,932 (-21.6%).
- Net loss of 3,232,945 reduced equity.
- Other comprehensive income decreased equity by 104,199.
- Other factors decreased equity by 15,628,788.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.23 Million | -4.7% |
| Other Comprehensive Income | $-104.20K | -0.15% |
| Other Changes | $-15.63 Million | -22.73% |
| Total Change | $- | -21.62% |
Book Value vs Market Value Analysis
This analysis compares E Automotive 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.28 | $0.00 | x |
| 2020-12-31 | $0.79 | $0.00 | x |
| 2021-12-31 | $3.36 | $0.00 | x |
| 2022-12-31 | $2.28 | $0.00 | x |
| 2023-12-31 | $1.56 | $0.00 | x |
| 2024-12-31 | $1.15 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E Automotive 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): -4.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.92%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.98x
- Recent ROE (-4.70%) is above the historical average (-34.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -70.28% | -47.63% | 0.81x | 1.83x | $-10.33 Million |
| 2020 | -18.38% | -21.98% | 0.59x | 1.42x | $-10.29 Million |
| 2021 | -16.12% | -30.05% | 0.34x | 1.56x | $-38.97 Million |
| 2022 | -47.09% | -47.49% | 0.62x | 1.59x | $-63.37 Million |
| 2023 | -52.33% | -37.86% | 0.81x | 1.71x | $-54.69 Million |
| 2024 | -4.70% | -2.92% | 0.81x | 1.98x | $-10.11 Million |
Industry Comparison
This section compares E Automotive 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: $536,533,651
- Average return on equity (ROE) among peers: -3.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E Automotive Inc. (EICCF) | $68.98 Million | -70.28% | 1.12x | $652.52 |
| Asbury Automotive Group Inc (ABG) | $243.60 Million | 5.50% | 4.75x | $2.83 Billion |
| ACV Auctions Inc. (ACVA) | $440.00 Million | -18.11% | 1.24x | $1.29 Billion |
| Balincan International Inc (ALTB) | $46.21K | -77.90% | 1.45x | $549.75 Million |
| AMA Group Limited (AMGRF) | $24.58 Million | 31.18% | 1.18x | $14.62 Million |
| AutoNation Inc (AN) | $3.83 Billion | 9.97% | 1.22x | $6.08 Billion |
| AutoCanada Inc (AOCIF) | $124.50 Million | 19.47% | 2.30x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $577.45 Million | -20.17% | 1.95x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-35.18 Million | 0.00% | 0.00x | $19.58 Million |
| Boyd Group Services Inc (BYDGF) | $35.21 Million | 3.97% | 1.37x | $3.03 Billion |
| CarGurus (CARG) | $127.03 Million | 10.39% | 0.39x | $2.69 Billion |