Phoenix Motor Inc.

PEV

PEVPhoenix Motor Inc. US flag

NASDAQ Capital Market

0.23

USD

-0.04

- -

10.70MMarket Cap

Income Statement (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	- -	3	4	3	31
+ Sales & Services Revenue	- -	3	4	3	31
- Cost of Revenue	- -	4	4	3	24
+ Cost of Goods & Services	- -	4	4	3	24
Gross Profit	- -	-1	1	- -	7
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	- -	14	14	15	34
+ Selling, General & Admin	- -	14	14	15	34
+ Research & Development	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	-14	-13	-15	-27
- Non-Operating (Income) Loss	- -	- -	- -	6	-38
+ Interest Expense, Net	- -	- -	- -	1	5
+ Interest Expense	- -	- -	- -	1	5
- Interest Income	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	- -	5	-43
Pretax Income	- -	-15	-13	-21	11
- Income Tax Expense (Benefit)	- -	- -	- -	- -	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	-15	-13	-21	8
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	- -	-15	-13	-21	8
- Minority Interest	- -	- -	- -	- -	- -
Net Income, GAAP	- -	-15	-13	-21	8
- Preferred Dividends	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	-15	-13	-21	8
EBIT	- -	-14	-13	-15	-27
EBITDA	- -	-13	-11	-13	-24
EBITDA Margin (%)	- -	-424.08	-244.99	-411.08	-76.79
EBITA	- -	-14	-13	-15	-27
Gross Margin (%)	- -	-18.91	18.94	-8.84	22.65
Operating Margin (%)	- -	-480.79	-299.17	-475.37	-85.69
Profit Margin (%)	- -	-490.9	-293.42	-661.27	25.46
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -
Depreciation Expense	- -	2	2	2	3
Basic Weighted Avg Shares	- -	20	20	21	- -
Basic EPS, GAAP	- -	-0.75	-0.65	-0.97	- -
Basic EPS from Cont Ops	- -	-0.75	-0.65	-0.97	- -
Diluted Weighted Avg Shares	- -	20	20	21	- -
Diluted EPS, GAAP	- -	-0.75	-0.65	-0.97	- -
Diluted EPS from Cont Ops	- -	-0.75	-0.65	-0.97	- -

Balance Sheet (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	19	7	8	6	52
+ Cash, Cash Equivalents & STI	16	3	- -	- -	1
+ Cash & Cash Equivalents	16	3	- -	- -	1
+ ST Investments	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	1	1	2	1	9
+ Accounts Receivable, Net	1	1	2	- -	4
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	5
+ Inventories	2	2	5	2	41
+ Raw Materials	1	1	2	1	36
+ Work In Process	1	1	1	- -	5
+ Finished Goods	- -	1	1	1	1
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	1	4	2
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	10	9	13	6	6
+ Property, Plant & Equip, Net	3	2	6	1	6
+ Property, Plant & Equip	7	5	9	4	9
- Accumulated Depreciation	4	3	3	3	4
+ LT Investments & Receivables	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	7	7	6	4	- -
+ Total Intangible Assets	7	7	6	4	- -
+ Goodwill	4	4	4	4	- -
+ Other Intangible Assets	3	2	2	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	- -	- -
Total Assets	29	15	20	12	58
+ Payables & Accruals	2	3	2	5	11
+ Accounts Payable	1	2	1	4	4
+ Accrued Taxes	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	1	1	2	7
+ ST Debt	- -	- -	1	4	3
+ ST Borrowings	- -	- -	- -	2	1
+ ST Finance Leases	- -	- -	1	1	2
+ Other ST Liabilities	2	2	2	2	12
+ Deferred Revenue	2	2	2	1	6
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	- -	- -	1	6
Total Current Liabilities	4	4	5	11	26
+ LT Debt	- -	1	3	3	1
+ LT Borrowings	- -	1	- -	1	- -
+ LT Finance Leases	- -	- -	3	3	1
+ Other LT Liabilities	- -	- -	- -	2	20
+ Accrued Liabilities	- -	- -	- -	2	10
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	10
Total Noncurrent Liabilities	- -	1	3	6	21
Total Liabilities	4	5	8	16	47
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Share Capital & APIC	26	26	41	44	52
+ Common Stock	- -	- -	- -	- -	- -
+ Additional Paid in Capital	26	26	41	44	52
- Treasury Stock	- -	- -	- -	- -	- -
+ Retained Earnings	-1	-16	-29	-49	-41
+ Other Equity	- -	- -	- -	- -	- -
Equity Before Minority Interest	25	10	12	-5	10
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
Total Equity	25	10	12	-5	10
Total Liabilities & Equity	29	15	20	12	58
Shares Outstanding	20	20	20	22	46
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	4	4	3
Net Debt	-15	-2	- -	3	1
Net Debt to Equity	-62.5	-18.74	0.09	-60.74	8.45
Tangible Common Equity Ratio	79.85	41.1	43.59	-123.69	17.92
Current Ratio	4.52	1.49	1.61	0.55	1.98
Cash Conversion Cycle	- -	203.03	368.85	-951.03	325.88

Cash Flow Statement (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	- -	-15	-13	-21	8
+ Depreciation & Amortization	- -	2	2	2	3
+ Non-Cash Items	- -	1	- -	7	-38
+ Stock-Based Compensation	- -	- -	1	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	3
+ Asset Impairment Charge	- -	- -	- -	5	4
+ Other Non-Cash Adj	- -	- -	-1	2	-46
+ Chg in Non-Cash Work Cap	- -	-1	-5	8	25
+ (Inc) Dec in Accts Receiv	- -	- -	- -	1	-2
+ (Inc) Dec in Inventories	- -	-1	-3	2	17
+ (Inc) Dec in Prepaid Assets	- -	- -	-1	1	-1
+ Inc (Dec) in Accts Payable	- -	1	-1	3	9
+ Inc (Dec) in Other	- -	-1	- -	1	2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	-13	-15	-4	-2
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-1	-1	- -	- -
+ Acq of Fixed Prod Assets	- -	-1	-1	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	13	- -	11
+ Increase in Capital Stock	- -	- -	13	- -	11
+ Decrease in Capital Stock	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	-10
+ Cash from Divestitures	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	-10
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-1	-1	- -	-10
+ Dividends Paid	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	1	- -	5	-2
+ Cash From Debt	- -	1	- -	6	6
+ Repayments of Debt	- -	- -	- -	-1	-8
+ Other Financing Activities	- -	- -	- -	2	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	1	14	7	10
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -
Net Changes in Cash	- -	-13	-2	3	-3
EBITDA	- -	-13	-11	-13	-24
EBITDA Margin (%)	- -	-424.08	-244.99	-411.08	-76.79
Free Cash Flow	- -	-14	-16	-4	-2
Net Cash Paid for Acquisitions	- -	- -	- -	- -	10
Free Cash Flow to Firm	- -	- -	- -	- -	1
Free Cash Flow to Equity	- -	-13	-16	1	-4
Free Cash Flow per Basic Share	- -	-0.69	-0.82	-0.18	- -
Price/Free Cash Flow	- -	- -	-1.53	-6.25	- -
Cash Flow to Net Income	- -	0.89	1.17	0.18	-0.25
Capital Expenditures	- -	-1	-1	- -	- -