EV Technology Group Ltd.
EV Technology Group Ltd. engages in the developing and commercializing of electric vehicle technologies. It deals in, distributes, and rents MOKE electric vehicles. The company is headquartered in Toronto, Canada.
EV Technology Group Ltd. (EVTGF) - Total Assets
Latest total assets as of September 2023: $5.30 Million USD
Based on the latest financial reports, EV Technology Group Ltd. (EVTGF) holds total assets worth $5.30 Million USD as of September 2023.
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.
EV Technology Group Ltd. - Total Assets Trend (2019–2022)
This chart illustrates how EV Technology Group Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
EV Technology Group Ltd. - Asset Composition Analysis
Current Asset Composition (December 2022)
EV Technology Group Ltd.'s total assets of $5.30 Million consist of 11.2% current assets and 88.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $425.82K | 3.1% |
| Inventory | $16.51K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.81 Million | 50.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2022)
This chart illustrates how EV Technology Group Ltd.'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: EV Technology Group Ltd.'s current assets represent 11.2% of total assets in 2022, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2022, down from 4.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 50.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 50.3% of total assets.
EV Technology Group Ltd. Competitors by Total Assets
Key competitors of EV Technology Group Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beiqi Foton Motor Co Ltd
SHG:600166
|
China | CN¥58.09 Billion |
|
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 |
|
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 |
|
Zhejiang Qianjiang Motorcycle Co Ltd
SHE:000913
|
China | CN¥10.53 Billion |
EV Technology Group Ltd. - 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 - EV Technology Group Ltd. 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 - EV Technology Group Ltd. is currently not profitable relative to its asset base.
EV Technology Group Ltd. - 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 | 0.17 | 1.35 | 3.84 |
| Quick Ratio | 0.17 | 1.33 | 3.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.29 Million | $ 383.21K | $ 1.00 Million |
EV Technology Group Ltd. - Advanced Valuation Insights
This section examines the relationship between EV Technology Group Ltd.'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 | - |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 8.1% |
| Total Assets | $13.55 Million |
| Market Capitalization | $352.43K USD |
Valuation Analysis
Below Book Valuation: The market values EV Technology Group Ltd.'s assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: EV Technology Group Ltd.'s assets grew by 8.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for EV Technology Group Ltd. (2019–2022)
The table below shows the annual total assets of EV Technology Group Ltd. from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $13.55 Million | +8.11% |
| 2021-12-31 | $12.53 Million | +186138.85% |
| 2020-12-31 | $6.73K | -33.69% |
| 2019-12-31 | $10.15K | -- |