China Evergrande New Energy Vehicle Group Limited
China Evergrande New Energy Vehicle Group Limited, an investment holding company, engages in the technology research and development, manufacturing, sales, and servicing of new energy vehicles in the People's Republic of China and Europe. It operates through New Energy Vehicle and Property Development segments. The company is involved in the development and sale of vehicle living projects, and de… Read more
China Evergrande New Energy Vehicle Group Limited (EVGRF) - Net Assets
Latest net assets as of June 2024: $-57.98 Billion USD
Based on the latest financial reports, China Evergrande New Energy Vehicle Group Limited (EVGRF) has net assets worth $-57.98 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.37 Billion) and total liabilities ($74.35 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 | $-57.98 Billion |
| % of Total Assets | -354.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -8165.3% |
| Growth Volatility | 62.6 |
China Evergrande New Energy Vehicle Group Limited - Net Assets Trend (2007–2023)
This chart illustrates how China Evergrande New Energy Vehicle Group 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 China Evergrande New Energy Vehicle Group Limited (2007–2023)
The table below shows the annual net assets of China Evergrande New Energy Vehicle Group Limited from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-37.69 Billion | +51.10% |
| 2022-12-31 | $-77.08 Billion | -60.17% |
| 2021-12-31 | $-48.12 Billion | -595.17% |
| 2020-12-31 | $-6.92 Billion | -377.66% |
| 2019-12-31 | $-1.45 Billion | -91.83% |
| 2018-12-31 | $-755.45 Million | -175.60% |
| 2017-12-31 | $999.31 Million | +76.24% |
| 2016-12-31 | $567.01 Million | -2.21% |
| 2015-12-31 | $579.81 Million | +24.07% |
| 2014-12-31 | $467.34 Million | +59.52% |
| 2013-12-31 | $292.96 Million | +3.30% |
| 2012-12-31 | $283.60 Million | -2.90% |
| 2011-12-31 | $292.06 Million | +10.54% |
| 2010-12-31 | $264.21 Million | +46.32% |
| 2009-12-31 | $180.57 Million | +18.51% |
| 2008-12-31 | $152.37 Million | +13.01% |
| 2007-12-31 | $134.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Evergrande New Energy Vehicle Group 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 11084053000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $250.94 Million | % |
| Other Comprehensive Income | $45.07 Billion | % |
| Other Components | $27.87 Billion | % |
| Total Equity | $-37.64 Billion | 100.00% |
China Evergrande New Energy Vehicle Group Limited Competitors by Market Cap
The table below lists competitors of China Evergrande New Energy Vehicle Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paltalk Inc
NASDAQ:PALT
|
$11.93 Million |
|
PW Consolidated Bhd
KLSE:7134
|
$11.93 Million |
|
Banswara Syntex Limited
NSE:BANSWRAS
|
$11.94 Million |
|
Celulosa Argentina SA
BA:CELU
|
$11.94 Million |
|
READING INTL A DL-01
F:46B
|
$11.93 Million |
|
Premier Polyfilm Limited
NSE:PREMIERPOL
|
$11.93 Million |
|
Autoline Industries Limited
NSE:AUTOIND
|
$11.92 Million |
|
American Shipping Company ASA
OTCQX:ASCJF
|
$11.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Evergrande New Energy Vehicle Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -68,600,774,000 to -37,644,349,000, a change of 30,956,425,000.
- Net loss of 11,934,199,000 reduced equity.
- Other comprehensive income increased equity by 43,196,910,000.
- Other factors decreased equity by 306,286,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.93 Billion | -31.7% |
| Other Comprehensive Income | $43.20 Billion | +114.75% |
| Other Changes | $-306.29 Million | -0.81% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares China Evergrande New Energy Vehicle Group 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 |
|---|---|---|---|
| 2007-12-31 | $0.03 | $0.02 | x |
| 2008-12-31 | $0.03 | $0.02 | x |
| 2009-12-31 | $0.03 | $0.02 | x |
| 2010-12-31 | $0.04 | $0.02 | x |
| 2011-12-31 | $0.03 | $0.02 | x |
| 2012-12-31 | $0.03 | $0.02 | x |
| 2013-12-31 | $0.03 | $0.02 | x |
| 2014-12-31 | $0.05 | $0.02 | x |
| 2015-12-31 | $0.07 | $0.02 | x |
| 2016-12-31 | $0.06 | $0.02 | x |
| 2017-12-31 | $0.12 | $0.02 | x |
| 2018-12-31 | $-0.09 | $0.02 | x |
| 2019-12-31 | $-0.97 | $0.02 | x |
| 2020-12-31 | $-0.70 | $0.02 | x |
| 2021-12-31 | $-4.09 | $0.02 | x |
| 2022-12-31 | $-6.33 | $0.02 | x |
| 2023-12-31 | $-3.47 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Evergrande New Energy Vehicle Group 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: -890.51%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (9.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 20.95% | 6.89% | 2.04x | 1.49x | $14.68 Million |
| 2008 | 22.42% | 7.00% | 2.21x | 1.45x | $18.93 Million |
| 2009 | 22.09% | 10.42% | 1.48x | 1.44x | $21.83 Million |
| 2010 | 13.21% | 8.73% | 1.04x | 1.46x | $8.48 Million |
| 2011 | 6.82% | 5.87% | 0.89x | 1.30x | $-9.29 Million |
| 2012 | 4.94% | 4.50% | 0.96x | 1.14x | $-14.34 Million |
| 2013 | 2.42% | 2.42% | 0.89x | 1.12x | $-22.22 Million |
| 2014 | 20.82% | 28.77% | 0.49x | 1.48x | $49.81 Million |
| 2015 | 11.69% | 15.65% | 0.49x | 1.51x | $9.61 Million |
| 2016 | 8.34% | 19.43% | 0.08x | 5.08x | $-9.22 Million |
| 2017 | 30.13% | 18.90% | 0.17x | 9.19x | $201.36 Million |
| 2018 | 0.00% | -45.62% | 0.15x | 0.00x | $-1.62 Billion |
| 2019 | 0.00% | -78.54% | 0.06x | 0.00x | $-4.18 Billion |
| 2020 | 0.00% | -47.74% | 0.09x | 0.00x | $-6.79 Billion |
| 2021 | 0.00% | -2223.22% | 0.01x | 0.00x | $-52.35 Billion |
| 2022 | 0.00% | -20640.37% | 0.00x | 0.00x | $-20.80 Billion |
| 2023 | 0.00% | -890.51% | 0.04x | 0.00x | $-8.17 Billion |
Industry Comparison
This section compares China Evergrande New Energy Vehicle Group Limited's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $250,407,165
- Average return on equity (ROE) among peers: -38.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Evergrande New Energy Vehicle Group Limited (EVGRF) | $-57.98 Billion | 20.95% | N/A | $11.93 Million |
| Addus HomeCare Corporation (ADUS) | $113.86 Million | 16.82% | 0.44x | $1.75 Billion |
| agilon health Inc (AGL) | $126.73 Million | -319.84% | 9.03x | $166.17 Million |
| Airsculpt Technologies Inc (AIRS) | $123.68 Million | 6.13% | 0.45x | $16.62 Million |
| Amedisys Inc (AMED) | $454.23 Million | -18.40% | 0.61x | $3.26 Billion |
| AMN Healthcare Services Inc (AMN) | $347.86 Million | 23.54% | 1.53x | $624.22 Million |
| American Shared Hospital Service (AMS) | $20.85 Million | 8.48% | 1.33x | $7.93 Million |
| American Oncology Network Inc. (AONC) | $226.04 Million | -0.05% | 0.10x | $112.23 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.08 Billion | 4.65% | 3.71x | $225.22 Million |
| Arem Pacific Corporation (ARPC) | $-45.09K | 0.00% | 0.00x | $246.12K |
| Astrana Health Inc (ASTH) | $8.55 Million | -109.27% | 1.29x | $1.08 Billion |