Thunder Power Holdings, Inc. Total Assets
Thunder Power Holdings, Inc. total assets. 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. Also see AIEV market cap overview for the company's overall valuation and market capitalisation.
Total Assets of Thunder Power Holdings, Inc. (2021–2024)
Total assets of Thunder Power Holdings, Inc. from 2021 to 2024. This chart illustrates how Thunder Power Holdings, Inc.'s total assets have evolved over time, based on quarterly financial data. See current stock price of Thunder Power Holdings, Inc. for real-time trading data and today's change.
Thunder Power Holdings, Inc. - Asset Composition Analysis
Thunder Power Holdings, Inc. Total Assets Breakdown (December 2024)
Thunder Power Holdings, Inc. total assets breakdown as of 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. Explore AIEV working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Toyota Motor Corporation
MX:TMN
|
Mexico | MX$102.64 Trillion |
|
Hyundai Motor Co. Ltd.
KO:005380
|
Korea | ₩394.51 Trillion |
|
Kia Corp
KO:000270
|
Korea | ₩106.83 Trillion |
|
Hero MotoCorp Limited
NSE:HEROMOTOCO
|
India | Rs334.53 Billion |
|
Renault SA
F:RNL1
|
Germany | €124.09 Billion |
|
Chongqing Sokon Ind Grp Co
SHG:601127
|
China | CN¥121.51 Billion |
|
EV MOTORS, S.A.
MC:EBROM
|
Spain | €505.68 Million |
|
First Hydrogen Corp
V:FHYD
|
Canada | CA$2.06 Million |
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 (0.05x), 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 | -- |
About 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.