Thunder Power Holdings, Inc.
Thunder Power Holdings, Inc. develops and manufactures electric vehicles. It offers the Coupe, Compact City Car, Long-Range Sedan, and Long-Range SUV. The company is headquartered in Wilmington, Delaware.
Thunder Power Holdings, Inc. (AIEV) - Total Assets
Latest total assets as of December 2024: $13.56 Million USD
Based on the latest financial reports, Thunder Power Holdings, Inc. (AIEV) holds total assets worth $13.56 Million USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Thunder Power Holdings, Inc. - Total Assets Trend (2021–2024)
This chart illustrates how Thunder Power Holdings, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thunder Power Holdings, Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Thunder Power Holdings, Inc.'s total assets of $13.56 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Thunder Power Holdings, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thunder Power Holdings, Inc.'s current assets represent 100.0% of total assets in 2024, an increase from 0.4% in 2021.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, down from 0.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Thunder Power Holdings, Inc. Competitors by Total Assets
Key competitors of Thunder Power Holdings, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ellwee AB
ST:ELLWEE
|
Sweden | Skr5.80 Million |
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
China | CN¥185.63 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
Thunder Power Holdings, Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Thunder Power Holdings, Inc. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Thunder Power Holdings, Inc. is currently not profitable relative to its asset base.
Thunder Power Holdings, Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.93 | 0.02 | 0.33 |
| Quick Ratio | 1.93 | 0.02 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.52 Million | $ -2.77 Million | $ -187.86K |
Thunder Power Holdings, Inc. - Advanced Valuation Insights
This section examines the relationship between Thunder Power Holdings, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.11 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 977.9% |
| Total Assets | $13.56 Million |
| Market Capitalization | $710.14K USD |
Valuation Analysis
Below Book Valuation: The market values Thunder Power Holdings, Inc.'s assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thunder Power Holdings, Inc.'s assets grew by 977.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thunder Power Holdings, Inc. (2021–2024)
The table below shows the annual total assets of Thunder Power Holdings, Inc. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.56 Million | +977.86% |
| 2023-12-31 | $1.26 Million | -98.76% |
| 2022-12-31 | $101.24 Million | +193373.13% |
| 2021-12-31 | $52.33K | -- |