China Evergrande New Energy Vehicle Group Limited
China Evergrande New Energy Vehicle Group Limited, an investment holding company, engages in the technology research and development, manufacturing, sales, and servicing of new energy vehicles in the People's Republic of China and Europe. It operates through New Energy Vehicle and Property Development segments. The company is involved in the development and sale of vehicle living projects, and de… Read more
China Evergrande New Energy Vehicle Group Limited (EVGRF) - Total Assets
Latest total assets as of June 2024: $16.37 Billion USD
Based on the latest financial reports, China Evergrande New Energy Vehicle Group Limited (EVGRF) holds total assets worth $16.37 Billion 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.
China Evergrande New Energy Vehicle Group Limited - Total Assets Trend (2007–2023)
This chart illustrates how China Evergrande New Energy Vehicle Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Evergrande New Energy Vehicle Group Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
China Evergrande New Energy Vehicle Group Limited's total assets of $16.37 Billion consist of 55.5% current assets and 44.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $18.13 Billion | 52.0% |
| Inventory | $393.61 Million | 1.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $172.26 Million | 0.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2023)
This chart illustrates how China Evergrande New Energy Vehicle Group Limited'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: China Evergrande New Energy Vehicle Group Limited's current assets represent 55.5% of total assets in 2023, a decrease from 91.3% in 2007.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2023, down from 52.7% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 52.0% of total assets.
China Evergrande New Energy Vehicle Group Limited Competitors by Total Assets
Key competitors of China Evergrande New Energy Vehicle Group Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xian International Medical Investment Co Ltd
SHE:000516
|
China | CN¥9.79 Billion |
|
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044
|
China | CN¥19.57 Billion |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
China | CN¥6.55 Billion |
|
TMC Life Sciences Bhd
KLSE:0101
|
Malaysia | RM1.12 Billion |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
Malaysia | RM146.00 Million |
|
Cengild Medical Berhad
KLSE:0243
|
Malaysia | RM218.07 Million |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283
|
Malaysia | RM99.33 Million |
|
Raffles Medical Group Ltd
F:02M1
|
Germany | €1.49 Billion |
China Evergrande New Energy Vehicle Group Limited - 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 - China Evergrande New Energy Vehicle Group Limited generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - China Evergrande New Energy Vehicle Group Limited is currently not profitable relative to its asset base.
China Evergrande New Energy Vehicle Group Limited - 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 | 0.04 | 0.39 | 1.54 |
| Quick Ratio | 0.03 | 0.33 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-58.84 Billion | $ -33.82 Billion | $ 15.49 Billion |
China Evergrande New Energy Vehicle Group Limited - Advanced Valuation Insights
This section examines the relationship between China Evergrande New Energy Vehicle Group Limited'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 | 0.08 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -73.1% |
| Total Assets | $34.85 Billion |
| Market Capitalization | $11.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values China Evergrande New Energy Vehicle Group Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: China Evergrande New Energy Vehicle Group Limited's assets decreased by 73.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for China Evergrande New Energy Vehicle Group Limited (2007–2023)
The table below shows the annual total assets of China Evergrande New Energy Vehicle Group Limited from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $34.85 Billion | -73.06% |
| 2022-12-31 | $129.36 Billion | -26.34% |
| 2021-12-31 | $175.62 Billion | -1.29% |
| 2020-12-31 | $177.92 Billion | +70.28% |
| 2019-12-31 | $104.49 Billion | +313.04% |
| 2018-12-31 | $25.30 Billion | +175.17% |
| 2017-12-31 | $9.19 Billion | +225.63% |
| 2016-12-31 | $2.82 Billion | +228.11% |
| 2015-12-31 | $860.44 Million | +26.40% |
| 2014-12-31 | $680.75 Million | +106.88% |
| 2013-12-31 | $329.05 Million | +1.61% |
| 2012-12-31 | $323.84 Million | -14.78% |
| 2011-12-31 | $380.01 Million | -1.42% |
| 2010-12-31 | $385.49 Million | +48.53% |
| 2009-12-31 | $259.53 Million | +17.60% |
| 2008-12-31 | $220.70 Million | +10.30% |
| 2007-12-31 | $200.09 Million | -- |