Vivic Corp
Vivic Corp. engages in the distribution of yachts under the Monte Fino and VIVIC brands in internationally. It also provides marine tourism, development of electric powered yachts, operation of yacht marinas, and yacht rental services. The company was incorporated in 2017 and is headquartered in Las Vegas, Nevada.
Vivic Corp (VIVC) - Total Assets
Latest total assets as of June 2024: $4.87 Million USD
Based on the latest financial reports, Vivic Corp (VIVC) holds total assets worth $4.87 Million USD as of June 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.
Vivic Corp - Total Assets Trend (2016–2023)
This chart illustrates how Vivic Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vivic Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Vivic Corp's total assets of $4.87 Million consist of 99.9% current assets and 0.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.8% |
| Accounts Receivable | $179.78K | 4.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.34K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how Vivic Corp'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: Vivic Corp's current assets represent 99.9% of total assets in 2023, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2023, down from 95.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 4.4% of total assets.
Vivic Corp Competitors by Total Assets
Key competitors of Vivic Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KR Motors Co. Ltd.
KO:000040
|
Korea | ₩96.16 Billion |
|
MasterCraft Boat Holdings Inc
F:1SG
|
Germany | €259.31 Million |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥18.17 Billion |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
|
China | CN¥4.02 Billion |
|
Alexander Marine Co Ltd
TW:8478
|
Taiwan | NT$15.41 Billion |
|
Her Chee Industrial Co Ltd
TWO:8937
|
Taiwan | NT$4.60 Billion |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110
|
Taiwan | NT$106.59 Million |
|
Facilities By ADF PLC
LSE:ADF
|
UK | GBX75.86 Million |
Vivic Corp - 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 - Vivic Corp generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Vivic Corp generates $ 36.56 in net profit.
Vivic Corp - 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 | 2.93 | 0.99 | 1.95 |
| Quick Ratio | 2.93 | 0.70 | 1.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.20 Million | $ -15.93K | $ 268.07K |
Vivic Corp - Advanced Valuation Insights
This section examines the relationship between Vivic Corp'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 | 0.87 |
| Latest Market Cap to Assets Ratio | 0.55 |
| Asset Growth Rate (YoY) | 29.0% |
| Total Assets | $4.12 Million |
| Market Capitalization | $2.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vivic Corp's assets below their book value (0.55 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vivic Corp's assets grew by 29.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vivic Corp (2016–2023)
The table below shows the annual total assets of Vivic Corp from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $4.12 Million | +28.97% |
| 2022-12-31 | $3.19 Million | +119.79% |
| 2021-12-31 | $1.45 Million | +64.69% |
| 2020-12-31 | $881.68K | +385.73% |
| 2018-12-31 | $181.52K | +859.91% |
| 2017-12-31 | $18.91K | +296.44% |
| 2016-12-31 | $4.77K | -- |