Nexteer Automotive Group Limited
Nexteer Automotive Group Limited, a motion control technology company, develops, manufactures, and supplies steering and driveline systems to original equipment manufacturer worldwide. It offers electric power steering (EPS) products, which include column assist electric power steering products, intermediate shafts, EPS racks and pinion gears, single and dual pinion assist products, rack-assisted… Read more
Nexteer Automotive Group Limited (NTXVF) - Net Assets
Latest net assets as of December 2024: $2.03 Billion USD
Based on the latest financial reports, Nexteer Automotive Group Limited (NTXVF) has net assets worth $2.03 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.48 Billion) and total liabilities ($1.45 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 | $2.03 Billion |
| % of Total Assets | 58.34% |
| Annual Growth Rate | 21.73% |
| 5-Year Change | 5.67% |
| 10-Year Change | 137.59% |
| Growth Volatility | 55.1 |
Nexteer Automotive Group Limited - Net Assets Trend (2012–2024)
This chart illustrates how Nexteer Automotive 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 Nexteer Automotive Group Limited (2012–2024)
The table below shows the annual net assets of Nexteer Automotive Group Limited from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.03 Billion | +0.95% |
| 2023-12-31 | $2.01 Billion | +1.70% |
| 2022-12-31 | $1.98 Billion | -1.27% |
| 2021-12-31 | $2.00 Billion | +4.25% |
| 2020-12-31 | $1.92 Billion | +3.74% |
| 2019-12-31 | $1.85 Billion | +8.29% |
| 2018-12-31 | $1.71 Billion | +18.68% |
| 2017-12-31 | $1.44 Billion | +32.05% |
| 2016-12-31 | $1.09 Billion | +27.70% |
| 2015-12-31 | $854.37 Million | +20.67% |
| 2014-12-31 | $708.02 Million | +19.85% |
| 2013-12-31 | $590.75 Million | +207.99% |
| 2012-12-31 | $191.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nexteer Automotive 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 grown by 3259.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.12 Billion | 107.01% |
| Common Stock | $32.38 Million | 1.64% |
| Total Equity | $1.98 Billion | 100.00% |
Nexteer Automotive Group Limited Competitors by Market Cap
The table below lists competitors of Nexteer Automotive Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reliance Power Limited
NSE:RPOWER
|
$725.55 Million |
|
Forbo Holding AG
PINK:FBOHF
|
$725.82 Million |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
$726.04 Million |
|
Hyundai Department
KO:069960
|
$726.20 Million |
|
Cpi Property Group SA
XETRA:O5G
|
$725.10 Million |
|
Tanco Holdings Bhd
KLSE:2429
|
$724.90 Million |
|
HitGen Inc. A
SHG:688222
|
$724.85 Million |
|
Zhongnanhong Culture Group Co Ltd
SHE:002445
|
$724.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nexteer Automotive Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,963,816,000 to 1,978,877,000, a change of 15,061,000 (0.8%).
- Net income of 61,719,000 contributed positively to equity growth.
- Dividend payments of 7,529,000 reduced retained earnings.
- Other comprehensive income increased equity by 18,874,000.
- Other factors decreased equity by 58,003,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $61.72 Million | +3.12% |
| Dividends Paid | $7.53 Million | -0.38% |
| Other Comprehensive Income | $18.87 Million | +0.95% |
| Other Changes | $-58.00 Million | -2.93% |
| Total Change | $- | 0.77% |
Book Value vs Market Value Analysis
This analysis compares Nexteer Automotive 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
- Current price-to-book ratio: 0.99x
- 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 11.41x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.07 | $0.78 | x |
| 2013-12-31 | $0.30 | $0.78 | x |
| 2014-12-31 | $0.27 | $0.78 | x |
| 2015-12-31 | $0.33 | $0.78 | x |
| 2016-12-31 | $0.42 | $0.78 | x |
| 2017-12-31 | $0.56 | $0.78 | x |
| 2018-12-31 | $0.67 | $0.78 | x |
| 2019-12-31 | $0.72 | $0.78 | x |
| 2020-12-31 | $0.75 | $0.78 | x |
| 2021-12-31 | $0.78 | $0.78 | x |
| 2022-12-31 | $0.77 | $0.78 | x |
| 2023-12-31 | $0.78 | $0.78 | x |
| 2024-12-31 | $0.79 | $0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nexteer Automotive 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): 3.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.76x
- Recent ROE (3.12%) is below the historical average (16.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 33.40% | 2.63% | 1.72x | 7.36x | $40.00 Million |
| 2013 | 19.23% | 4.57% | 1.32x | 3.18x | $52.42 Million |
| 2014 | 23.61% | 5.42% | 1.34x | 3.25x | $93.04 Million |
| 2015 | 24.83% | 6.11% | 1.37x | 2.97x | $122.69 Million |
| 2016 | 27.83% | 7.67% | 1.43x | 2.54x | $188.82 Million |
| 2017 | 25.08% | 9.07% | 1.30x | 2.12x | $211.53 Million |
| 2018 | 22.71% | 9.70% | 1.26x | 1.86x | $212.48 Million |
| 2019 | 12.83% | 6.50% | 1.10x | 1.80x | $51.25 Million |
| 2020 | 6.20% | 3.85% | 0.92x | 1.76x | $-71.43 Million |
| 2021 | 6.06% | 3.53% | 1.05x | 1.64x | $-77.02 Million |
| 2022 | 3.00% | 1.51% | 1.15x | 1.72x | $-135.37 Million |
| 2023 | 1.87% | 0.87% | 1.24x | 1.73x | $-159.64 Million |
| 2024 | 3.12% | 1.44% | 1.23x | 1.76x | $-136.17 Million |
Industry Comparison
This section compares Nexteer Automotive Group Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nexteer Automotive Group Limited (NTXVF) | $2.03 Billion | 33.40% | 0.71x | $725.13 Million |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |