NASDAQ : EPOW
E-Power Inc. — Financial statements
Industrials · Electrical Equipment & Parts · China
Last price 4.51 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 9.84M
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Financial statements
E-Power Inc. (EPOW) reported revenue of 46.42M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 46.42M | 46.42M | 65.00M | 45.05M | 38.13M | 7.41M |
| Cost of Revenue | 52.26M | 52.26M | 70.80M | 57.45M | 39.48M | 3.89M |
| Gross Profit | -5.85M | -5.85M | -5.80M | -12.40M | -1.35M | 3.52M |
| Selling, General & Admin | 8.22M | 8.22M | 8.29M | 13.78M | 13.75M | 8.78M |
| Research & Development | 1.96M | 1.96M | 2.51M | 1.19M | 1.05M | 2.15M |
| Operating Expenses | 10.18M | 10.18M | 10.80M | 14.98M | 14.81M | 10.93M |
| Operating Income | -16.03M | -16.03M | -16.60M | -27.38M | -16.16M | -7.41M |
| Interest Expense | -4.57M | -4.57M | -2.02M | -2.16M | -27.13K | |
| Interest & Investment Income | 146.36K | 146.36K | 198.18K | 173.17K | ||
| Other Non Operating Income (Expenses) | -6.21M | -6.21M | 441.23K | 942.14K | 87.39K | 404.38K |
| EBT Excluding Unusual Items | -26.66M | -26.66M | -17.98M | -28.60M | -16.10M | -6.83M |
| Gain (Loss) on Sale of Investments | -1.17M | -3.57M | -2.12M | |||
| Asset Writedown | -3.15M | -2.65M | ||||
| Pretax Income | -26.66M | -26.66M | -17.98M | -32.92M | -22.32M | -8.95M |
| Income Tax Expense | -387.00 | -387.00 | 5.56K | -226.00 | 808.97K | -236.58K |
| Earnings From Continuing Operations | -26.66M | -26.66M | -17.98M | -32.92M | -23.12M | -8.71M |
| Minority Interest in Earnings | 10.02M | 10.02M | 6.20M | 8.69M | 487.78K | 311.07K |
| Net Income | -16.64M | -16.64M | -11.78M | -24.23M | -22.64M | -8.40M |
| Preferred Dividends & Other Adjustments | 983.93K | 3.31M | 1.76M | |||
| Net Income to Common | -16.64M | -16.64M | -12.76M | -27.55M | -24.40M | -8.40M |
| Shares Outstanding (Basic) | 1.16M | 1.16M | 1.06M | 1.02M | 992.81K | 945.55K |
| Shares Outstanding (Diluted) | 1.16M | 1.16M | 1.06M | 1.02M | 992.81K | 945.55K |
| EPS (Basic) | -14.32 | -14.32 | -12.08 | -26.88 | -24.57 | -8.89 |
| EPS (Diluted) | -14.32 | -14.32 | -12.08 | -26.88 | -24.57 | -8.89 |
| Free Cash Flow | -31.55M | -31.55M | -7.82M | -12.76M | -53.29M | -6.61M |
| Free Cash Flow Per Share | -27.16 | -27.16 | -7.40 | -12.45 | -53.67 | -6.99 |
| Gross Margin | -12.60% | -12.60% | -8.92% | -27.53% | -3.54% | 47.54% |
| Operating Margin | -34.53% | -34.53% | -25.53% | -60.77% | -42.38% | -100.01% |
| Profit Margin | -35.84% | -35.84% | -19.63% | -61.15% | -63.99% | -113.41% |
| Free Cash Flow Margin | -67.98% | -67.98% | -12.03% | -28.31% | -139.77% | -89.16% |
| EBITDA | -9.64M | -9.64M | -10.88M | -22.87M | -13.76M | -6.42M |
| EBITDA Margin | -20.78% | -20.78% | -16.73% | -50.76% | -36.09% | -86.67% |
| D&A For EBITDA | 6.38M | 6.38M | 5.72M | 4.51M | 2.40M | 988.67K |
| EBIT | -16.03M | -16.03M | -16.60M | -27.38M | -16.16M | -7.41M |
| EBIT Margin | -34.53% | -34.53% | -25.53% | -60.77% | -42.38% | -100.01% |
| Revenue as Reported | 46.42M | 46.42M | 65.00M | 45.05M | 38.13M | 7.41M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 21.84M | 21.84M | 1.26M | 1.40M | 1.66M | 13.92M |
| Short-Term Investments | 3.34M | 5.96M | ||||
| Cash & Short-Term Investments | 21.84M | 21.84M | 1.26M | 1.40M | 4.99M | 19.88M |
| Accounts Receivable | 13.25M | 13.25M | 31.37M | 9.77M | 6.04M | 6.86M |
| Other Receivables | 323.26K | 323.26K | 855.41K | 2.42M | 643.93K | 349.43K |
| Receivables | 14.46M | 14.46M | 32.23M | 12.25M | 9.55M | 8.05M |
| Inventory | 24.11M | 24.11M | 17.66M | 15.84M | 18.33M | 3.11M |
| Prepaid Expenses | 3.46K | 211.37K | 728.82K | |||
| Restricted Cash | 6.31M | 6.31M | 8.10M | 2.22M | 2.64M | |
| Other Current Assets | 5.53M | 5.53M | 3.76M | 4.10M | 8.91M | 2.58M |
| Total Current Assets | 72.24M | 72.24M | 63.01M | 35.82M | 44.64M | 34.35M |
| Property, Plant & Equipment | 65.97M | 65.97M | 65.70M | 71.53M | 41.47M | 3.58M |
| Long-Term Investments | 2.25M | 2.25M | 2.01M | 1.88M | 3.02M | 5.38M |
| Other Intangible Assets | 13.34M | 13.34M | 9.27M | 9.75M | 14.05M | 3.59M |
| Long-Term Deferred Tax Assets | 852.04K | |||||
| Other Long-Term Assets | 2.64M | 2.64M | 3.04M | 1.52M | 3.85M | 8.94M |
| Total Assets | 156.44M | 156.44M | 143.02M | 120.50M | 107.02M | 58.70M |
| Accounts Payable | 36.81M | 36.81M | 49.96M | 33.87M | 12.26M | 34.49K |
| Accrued Expenses | 1.93M | 1.93M | 3.00M | 1.56M | 639.76K | 330.90K |
| Short-Term Debt | 13.77M | 13.77M | 17.97M | 11.99M | 4.61M | |
| Current Portion of Long-Term Debt | 29.67M | 29.67M | 3.72M | 5.19M | 3.71M | |
| Current Portion of Leases | 336.19K | 336.19K | 1.60M | 2.61M | 99.57K | |
| Current Income Taxes Payable | 505.15K | 505.15K | 491.75K | 501.37K | 506.64K | 1.08M |
| Current Unearned Revenue | 5.17M | 5.17M | 4.86M | 3.51M | 3.57M | 179.41K |
| Other Current Liabilities | 12.47M | 12.47M | 5.16M | 4.25M | 729.40K | |
| Total Current Liabilities | 100.67M | 100.67M | 86.76M | 63.49M | 26.02M | 1.72M |
| Long-Term Debt | 39.68M | 39.68M | 26.81M | 6.49M | 4.08M | |
| Long-Term Leases | 629.05K | 2.30M | ||||
| Long-Term Deferred Tax Liabilities | 197.39K | 197.39K | 189.55K | 195.33K | 199.58K | |
| Other Long-Term Liabilities | 1.34M | 2.70M | 3.36M | |||
| Total Liabilities | 140.54M | 140.54M | 115.73M | 75.17M | 33.66M | 1.72M |
| Common Stock | 3.87K | 3.87K | 2.70K | 2.61K | 2.54K | 2.45K |
| Additional Paid-In Capital | 45.76M | 45.76M | 32.18M | 32.62M | 33.79M | 31.97M |
| Retained Earnings | -56.40M | -56.40M | -39.77M | -27.99M | -3.76M | 19.73M |
| Comprehensive Income & Other | -1.47M | -1.47M | -2.68M | -1.99M | -1.36M | 2.15M |
| Total Common Equity | -12.10M | -12.10M | -10.26M | 2.65M | 28.68M | 53.85M |
| Minority Interest | 28.00M | 28.00M | 37.56M | 42.69M | 44.68M | 3.12M |
| Shareholders' Equity | 15.89M | 15.89M | 27.29M | 45.33M | 73.36M | 56.97M |
| Total Liabilities & Equity | 156.44M | 156.44M | 143.02M | 120.50M | 107.02M | 58.70M |
| Total Debt | 83.46M | 83.46M | 50.73M | 28.58M | 12.40M | 99.57K |
| Net Cash (Debt) | -61.62M | -61.62M | -49.47M | -27.18M | -7.41M | 19.78M |
| Net Cash Per Share | -53.04 | -53.04 | -46.84 | -26.52 | -7.46 | 20.92 |
| Filing Date Shares Outstanding | 1.55M | 1.55M | 1.08M | 1.05M | 1.01M | 981.12K |
| Total Common Shares Outstanding | 1.55M | 1.55M | 1.08M | 1.05M | 1.01M | 981.12K |
| Working Capital | -28.42M | -28.42M | -23.75M | -27.67M | 18.61M | 32.62M |
| Book Value Per Share | -7.81 | -7.81 | -9.51 | 2.53 | 28.27 | 54.89 |
| Tangible Book Value | -25.44M | -25.44M | -19.53M | -7.11M | 14.63M | 50.26M |
| Tangible Book Value Per Share | -16.42 | -16.42 | -18.10 | -6.80 | 14.43 | 51.22 |
| Buildings | 32.65M | 32.65M | 28.88M | 29.62M | 4.66M | 3.06M |
| Machinery | 43.12M | 43.12M | 37.26M | 37.49M | 17.40M | 288.52K |
| Construction In Progress | 3.01M | 3.01M | 2.99M | 2.40M | 20.14M | |
| Leasehold Improvements | 430.02K | 430.02K | 400.26K | 397.42K | 405.14K | 442.56K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -16.64M | -16.64M | -11.78M | -24.23M | -22.64M | -8.40M |
| Depreciation & Amortization | 6.38M | 6.38M | 5.72M | 4.51M | 2.40M | 1.08M |
| Asset Writedown & Restructuring Costs | 3.15M | 2.65M | ||||
| Loss (Gain) From Sale of Investments | -146.36K | -146.36K | -198.18K | 1.17M | 3.62M | 2.12M |
| Stock-Based Compensation | 322.39K | 322.39K | 972.74K | 2.15M | 2.73M | |
| Provision & Write-off of Bad Debts | 210.69K | 210.69K | 113.85K | 3.43M | 2.89M | 3.85M |
| Other Operating Activities | 2.75M | 2.75M | -2.08M | -874.70K | 3.24M | -543.43K |
| Change in Accounts Receivable | 19.04M | 19.04M | -20.71M | -4.07M | -1.73M | 1.73M |
| Change in Inventory | -10.64M | -10.64M | -6.24M | -5.10M | -18.75M | -331.49K |
| Change in Accounts Payable | -12.49M | -12.49M | 17.84M | 6.13M | 12.66M | |
| Change in Unearned Revenue | 519.56K | 519.56K | 1.47M | 8.72K | 3.52M | -75.86K |
| Change in Income Taxes | -7.91K | -7.91K | 19.54K | -3.70M | ||
| Change in Other Net Operating Assets | -14.47M | -14.47M | 9.52M | 6.45M | -171.89K | -956.36K |
| Operating Cash Flow | -25.16M | -25.16M | -5.35M | -7.28M | -9.57M | -5.23M |
| Capital Expenditures | -6.39M | -6.39M | -2.46M | -5.47M | -43.71M | -1.37M |
| Cash Acquisitions | -832.22K | -832.22K | -706.12K | -1.49M | ||
| Divestitures | -9.30K | |||||
| Sale (Purchase) of Intangibles | -3.76M | -3.76M | -372.45K | -6.95M | ||
| Investment in Securities | 3.08M | 878.00K | -10.94M | |||
| Other Investing Activities | -115.08K | -115.08K | -1.69M | |||
| Investing Cash Flow | -11.22M | -11.22M | 632.46K | -7.00M | -45.61M | -22.10M |
| Short-Term Debt Issued | 6.62M | 6.62M | 10.81M | 13.05M | 795.55K | |
| Long-Term Debt Issued | 41.13M | 41.13M | 28.68M | 9.06M | 8.83M | |
| Total Debt Issued | 47.76M | 47.76M | 39.49M | 22.11M | 9.62M | |
| Short-Term Debt Repaid | -4.92M | -4.92M | -15.75M | -2.27M | ||
| Long-Term Debt Repaid | -5.86M | -5.86M | -11.79M | -6.31M | -887.79K | |
| Total Debt Repaid | -10.78M | -10.78M | -27.54M | -8.58M | -887.79K | |
| Net Debt Issued (Repaid) | 36.98M | 36.98M | 11.95M | 13.53M | 8.74M | |
| Issuance of Common Stock | 17.48M | 17.48M | 27.50M | |||
| Other Financing Activities | -1.32M | 148.08K | 37.02M | 3.33M | ||
| Financing Cash Flow | 54.46M | 54.46M | 10.63M | 13.68M | 45.76M | 30.84M |
| Foreign Exchange Rate Adjustments | 710.90K | 710.90K | -172.06K | -66.59K | -899.79K | 141.32K |
| Net Cash Flow | 18.79M | 18.79M | 5.74M | -673.35K | -10.32M | 3.65M |
| Free Cash Flow | -31.55M | -31.55M | -7.82M | -12.76M | -53.29M | -6.61M |
| Free Cash Flow Margin | -67.98% | -67.98% | -12.03% | -28.31% | -139.77% | -89.16% |
| Free Cash Flow Per Share | -27.16 | -27.16 | -7.40 | -12.45 | -53.67 | -6.99 |
| Levered Free Cash Flow | -11.55M | -11.55M | -14.97M | 13.97M | -58.17M | -12.95M |
| Unlevered Free Cash Flow | -8.69M | -8.69M | -13.70M | 15.32M | -58.15M | -12.95M |
| Cash Interest Paid | 3.45M | 3.45M | 1.87M | 1.38M | ||
| Cash Income Tax Paid | 7.85K | 7.85K | 42.00 | 564.34K | 3.70M | |
| Change in Working Capital | -18.04M | -18.04M | 1.90M | 3.42M | -4.47M | -3.33M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.97M | 37.96M | 22.57M | 27.39M | 66.96M | 28.45M |
| Enterprise Value | 70.59M | 144.21M | 93.38M | 88.23M | 85.05M | 635.27K |
| Last Close Price | 4.51 | 24.50 | 21.59 | 27.00 | 68.25 | 29.00 |
| PS Ratio | 0.21 | 0.82 | 0.35 | 0.61 | 1.76 | 3.84 |
| PB Ratio | 0.60 | 2.39 | 0.83 | 0.60 | 0.91 | 0.50 |
| P/TBV Ratio | 4.58 | 0.57 | ||||
| EV/Sales Ratio | 1.53 | 3.11 | 1.44 | 1.96 | 2.23 | 0.09 |
| Debt / Equity Ratio | 5.25 | 5.25 | 1.86 | 0.63 | 0.17 | 0.00 |
| Net Debt / Equity Ratio | 3.88 | 3.88 | 1.81 | 0.60 | 0.10 | -0.35 |
| Net Debt / EBITDA Ratio | -6.39 | -6.39 | -4.55 | -1.19 | -0.54 | 3.08 |
| Net Debt / FCF Ratio | -1.95 | -1.95 | -6.33 | -2.13 | -0.14 | 2.99 |
| Asset Turnover | 0.31 | 0.31 | 0.49 | 0.40 | 0.46 | 0.15 |
| Inventory Turnover | 2.50 | 2.50 | 4.23 | 3.36 | 3.68 | 1.34 |
| Quick Ratio | 0.35 | 0.35 | 0.39 | 0.21 | 0.45 | 15.74 |
| Current Ratio | 0.72 | 0.72 | 0.73 | 0.56 | 1.72 | 19.96 |
| Return on Equity (ROE) | -123.46% | -123.46% | -49.52% | -55.47% | -35.48% | -19.13% |
| Return on Assets (ROA) | -6.69% | -6.69% | -7.87% | -15.04% | -12.19% | -9.41% |
| Return on Invested Capital (ROIC) | -20.68% | -20.78% | -22.23% | -35.72% | -27.40% | -24.52% |
| Return on Capital Employed (ROCE) | -28.70% | -28.70% | -29.50% | -48.00% | -19.90% | -13.00% |
| Earnings Yield | -348.41% | -43.83% | -52.17% | -88.47% | -33.80% | -29.53% |
| FCF Yield | -328.53% | -83.13% | -34.63% | -46.57% | -79.58% | -23.22% |
| Buyback Yield / Dilution | -9.99% | -9.99% | -3.05% | -3.23% | -5.00% | -40.71% |