Life Electric Vehicles Holdings Inc.
Life Electric Vehicles Holdings Inc. focuses on the design, manufacture, and commercialization of electric vehicles with focus on electric bicycles. The company was formerly known as Second Street Capital, Inc. The company was incorporated in 1981 and is based in Deerfield Beach, Florida.
Life Electric Vehicles Holdings Inc. (LFEV) - Net Assets
Latest net assets as of August 2025: $55.48 Million USD
Based on the latest financial reports, Life Electric Vehicles Holdings Inc. (LFEV) has net assets worth $55.48 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.19 Million) and total liabilities ($7.70 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 | $55.48 Million |
| % of Total Assets | 87.81% |
| Annual Growth Rate | 2.77% |
| 5-Year Change | 1760.42% |
| 10-Year Change | 622.73% |
| Growth Volatility | 2443.74 |
Life Electric Vehicles Holdings Inc. - Net Assets Trend (1993–2024)
This chart illustrates how Life Electric Vehicles 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 Life Electric Vehicles Holdings Inc. (1993–2024)
The table below shows the annual net assets of Life Electric Vehicles Holdings Inc. from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $56.45 Million | +0.43% |
| 2023-11-30 | $56.20 Million | +10373.91% |
| 2022-11-30 | $536.58K | -72.36% |
| 2007-11-30 | $1.94 Million | -36.03% |
| 2006-11-30 | $3.03 Million | -29.80% |
| 2005-11-30 | $4.32 Million | +35.61% |
| 2004-11-30 | $3.19 Million | +29.13% |
| 2003-11-30 | $2.47 Million | +7.30% |
| 2002-11-30 | $2.30 Million | -70.55% |
| 2001-11-30 | $7.81 Million | -76.32% |
| 2000-11-30 | $32.98 Million | -14.79% |
| 1999-11-30 | $38.70 Million | +1.31% |
| 1998-11-30 | $38.20 Million | +16.11% |
| 1997-11-30 | $32.90 Million | +17.08% |
| 1996-11-30 | $28.10 Million | +4.07% |
| 1995-11-30 | $27.00 Million | -6.90% |
| 1994-11-30 | $29.00 Million | +19.83% |
| 1993-11-30 | $24.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Life Electric Vehicles 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 173.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $356.45K | 0.63% |
| Other Components | $58.72 Million | 103.10% |
| Total Equity | $56.96 Million | 100.00% |
Life Electric Vehicles Holdings Inc. Competitors by Market Cap
The table below lists competitors of Life Electric Vehicles Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allied Bank Ltd
KAR:ABL
|
$5.50K |
|
FARM 51 GROUP S.A.ZY -10
F:F51
|
$5.51K |
|
Safe-T Group Ltd
TA:SAFE
|
$5.51K |
|
SINOTRANS -H-
MU:SIY
|
$5.52K |
|
Soaring Technology Co.,Ltd.
TWO:6222
|
$5.49K |
|
Acorn Capital Investment Fund Ltd
AU:ACQ
|
$5.49K |
|
Iron Wolf Studio S.A.
WAR:IWS
|
$5.49K |
|
Alkemy Capital Investments Plc
LSE:ALK
|
$5.48K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Life Electric Vehicles Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,205,614 to 56,960,334, a change of 754,720 (1.3%).
- Net loss of 960,011 reduced equity.
- Other factors increased equity by 1,714,731.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-960.01K | -1.69% |
| Other Changes | $1.71 Million | +3.01% |
| Total Change | $- | 1.34% |
Book Value vs Market Value Analysis
This analysis compares Life Electric Vehicles 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: 0.09x
- 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 |
|---|---|---|---|
| 1993-11-30 | $39.32 | $0.59 | x |
| 1994-11-30 | $55.24 | $0.59 | x |
| 1995-11-30 | $45.00 | $0.59 | x |
| 1996-11-30 | $56.20 | $0.59 | x |
| 1997-11-30 | $58.75 | $0.59 | x |
| 1998-11-30 | $63.67 | $0.59 | x |
| 1999-11-30 | $80.64 | $0.59 | x |
| 2000-11-30 | $76.91 | $0.59 | x |
| 2001-11-30 | $16.82 | $0.59 | x |
| 2002-11-30 | $5.10 | $0.59 | x |
| 2003-11-30 | $4.23 | $0.59 | x |
| 2004-11-30 | $3.39 | $0.59 | x |
| 2005-11-30 | $4.53 | $0.59 | x |
| 2006-11-30 | $3.18 | $0.59 | x |
| 2007-11-30 | $2.01 | $0.59 | x |
| 2022-11-30 | $0.08 | $0.59 | x |
| 2023-11-30 | $6.47 | $0.59 | x |
| 2024-11-30 | $6.49 | $0.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Life Electric Vehicles 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): -1.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.51%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.11x
- Recent ROE (-1.69%) is above the historical average (-23.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 11.98% | 3.48% | 0.75x | 4.58x | $480.00K |
| 1994 | 14.48% | 2.49% | 1.38x | 4.21x | $1.30 Million |
| 1995 | -11.48% | -1.71% | 1.98x | 3.39x | $-5.80 Million |
| 1996 | 1.78% | 0.41% | 1.38x | 3.16x | $-2.31 Million |
| 1997 | 4.26% | 1.11% | 1.87x | 2.05x | $-1.89 Million |
| 1998 | 11.26% | 4300.00% | 0.00x | 1.05x | $480.00K |
| 1999 | 12.66% | 153.13% | 0.08x | 1.04x | $1.03 Million |
| 2000 | -17.93% | -166.84% | 0.10x | 1.07x | $-9.18 Million |
| 2001 | -69.82% | -95.09% | 0.54x | 1.36x | $-5.76 Million |
| 2002 | -216.70% | -255.07% | 0.50x | 1.70x | $-5.21 Million |
| 2003 | -38.29% | -30.16% | 0.47x | 2.69x | $-1.19 Million |
| 2004 | 17.60% | 4.60% | 2.04x | 1.87x | $242.30K |
| 2005 | 26.24% | 8.19% | 1.64x | 1.95x | $701.80K |
| 2006 | -46.34% | -21.20% | 0.75x | 2.92x | $-1.71 Million |
| 2007 | -53.74% | -21.43% | 0.87x | 2.90x | $-1.24 Million |
| 2022 | -56.55% | -1080.50% | 0.03x | 1.92x | $-357.07K |
| 2023 | -1.68% | -63.13% | 0.03x | 1.02x | $-6.56 Million |
| 2024 | -1.69% | -30.51% | 0.05x | 1.11x | $-6.66 Million |
Industry Comparison
This section compares Life Electric Vehicles Holdings Inc.'s net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $132,606,330
- Average return on equity (ROE) among peers: -14.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Life Electric Vehicles Holdings Inc. (LFEV) | $55.48 Million | 11.98% | 0.14x | $5.49K |
| Alternet Systems Inc (ALYI) | $-168.02K | 0.00% | 0.00x | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.64 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $263.57K |
| Folkup Development Inc (FLDI) | $2.16K | -39.02% | 0.41x | $4.00 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |