Phoenix Motor Inc.
PEVM Consumer Cyclical Auto Manufacturers
In the quarter to September 2025, revenue fell 47.8%, EPS grew 56.0% and free cash flow grew 32.5%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | |
|---|---|---|---|---|---|---|
Cash and Short Term Investments |
0.03 | 15.70 | 2.68 | 0.14 | 3.28 | 0.76 |
Receivables |
1.70 | 1.16 | 1.20 | 1.51 | 0.45 | 8.78 |
Inventory |
3.18 | 1.55 | 2.23 | 4.56 | 1.80 | 40.76 |
Other current assets |
0.65 | 0.85 | 0.53 | 0.17 | 0.13 | — |
Total current assets |
5.55 | 19.25 | 6.64 | 7.72 | 6.02 | 52.01 |
Property, Plant, Equpment (Net) |
3.32 | 2.77 | 2.21 | 2.49 | 1.12 | 3.78 |
Long-Term Investments |
— | — | — | 0.25 | 0.23 | 0.06 |
Goodwill and Intangible Assets (Total) |
0.09 | 7.21 | 6.59 | 5.98 | 4.27 | — |
Long-term assets (Other) |
— | — | — | 0.46 | — | — |
Total non-current assets |
— | — | 8.80 | 12.72 | 5.62 | 5.57 |
Total Assets |
8.96 | 29.23 | 15.44 | 20.44 | 11.64 | 57.58 |
Accounts Payable |
1.15 | 1.36 | 1.79 | 1.36 | 3.53 | 4.27 |
Accrued Expenses |
— | — | 0.78 | 0.65 | 0.93 | 6.69 |
Current Part of Debt |
0.02 | 0.02 | 0.01 | 0.00 | 2.29 | 1.50 |
Current Revenue (Deferred) |
— | — | 0.71 | 0.50 | 0.36 | 1.49 |
Other current liabilities |
3.25 | 2.88 | 1.16 | 1.56 | 1.61 | 10.40 |
Total current liabilities |
4.41 | 4.25 | 4.45 | 4.79 | 10.88 | 26.22 |
Long Term Debt (Total) |
2.79 | 0.18 | 0.76 | 0.15 | 0.68 | 0.14 |
Long Term Tax Liability (Deferred) |
— | — | — | — | — | 7.72 |
Non-current Liabilities (Other) |
13.40 | — | — | — | 2.21 | 11.95 |
Total non-current liabilities |
— | — | 0.76 | 3.37 | 5.59 | 21.04 |
Total liabilities |
20.59 | 4.44 | 5.21 | 8.16 | 16.48 | 47.26 |
Additional Paid In Capital |
— | — | 26.09 | 40.84 | 44.36 | 51.58 |
Common Stock (Net) |
— | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
Retained Earnings |
(61.19) | (1.24) | (15.86) | (28.56) | (49.21) | (41.27) |
Shareholders Equity (Other) |
— | — | (0.01) | — | — | — |
Common Equity (Total) |
(11.64) | 24.80 | 10.23 | 12.28 | (4.84) | 10.32 |
Shareholders Equity (Total) |
(11.64) | 24.80 | 10.23 | 12.28 | (4.84) | 10.32 |
Shareholders Equity and Liabilities (Total) |
— | — | 15.44 | 20.44 | 11.64 | 57.58 |
Shares (Common) |
— | — | 0.35 | 0.41 | 0.44 | 0.85 |
Shareholders Equity (Tangible) |
— | — | 3.63 | 6.31 | (9.11) | 10.32 |
Net Debt |
2.77 | (15.49) | (1.92) | 0.01 | (0.31) | 0.87 |
Total Debt |
2.80 | 0.21 | 0.77 | 0.15 | 2.97 | 1.64 |