Financial Snapshot

Revenue
$4.664B
TTM
Gross Margin
28.16%
TTM
Net Earnings
-$930.3M
TTM
Current Assets
$3.289B
Q4 2023
Current Liabilities
$4.215B
Q4 2023
Current Ratio
78.02%
Q4 2023
Total Assets
$4.268B
Q4 2023
Total Liabilities
$5.189B
Q4 2023
Book Value
-$921.4M
Q4 2023
Cash
Q4 2023
P/E
-0.7414
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $4.666B $3.557B $2.779B $2.241B
YoY Change 31.18% 28.0% 24.01%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $4.666B $3.557B $2.779B $2.241B
Cost Of Revenue $3.396B $372.1M $1.962B $1.690B
Gross Profit $1.270B $143.6M $817.2M $551.4M
Gross Profit Margin 27.22% 4.04% 29.41% 24.6%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $885.7M $183.7M $589.7M $275.7M
YoY Change 382.21% -68.85% 113.93%
% of Gross Profit 69.74% 127.9% 72.16% 49.99%
Research & Development $1.220B $175.6M $1.209B $706.0M
YoY Change 594.85% -85.48% 71.3%
% of Gross Profit 96.05% 122.25% 147.99% 128.04%
Depreciation & Amortization $85.80M $9.809M $65.01M $58.96M
YoY Change 774.7% -84.91% 10.27%
% of Gross Profit 6.76% 6.83% 7.96% 10.69%
Operating Expenses $2.178B $356.2M $1.799B $981.9M
YoY Change 511.32% -80.2% 83.21%
Operating Profit -$907.5M -$212.6M -$981.7M -$430.5M
YoY Change 326.86% -78.34% 128.04%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$124.7M $7.414M $131.7M $59.13M
YoY Change -1781.59% -94.37% 122.68%
% of Operating Profit
Other Income/Expense, Net $23.56M $26.09M $13.38M -$33.64M
YoY Change -9.67% 94.89% -139.79%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$1.019B -$1.520B -$1.182B -$439.8M
YoY Change -32.96% 28.57% 168.77%
Income Tax -$3.643M $21.57M $3.447M $228.0K
% Of Pretax Income
Net Earnings -$940.2M -$223.2M -$1.180B -$439.7M
YoY Change 321.27% -81.08% 168.3%
Net Earnings / Revenue -20.15% -6.27% -42.45% -19.62%
Basic Earnings Per Share -$2.79 -$7.92 -$6.02 -$2.27
Diluted Earnings Per Share -$2.79 -$1.15 -$6.02 -$2.27

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $699.0M $737.4M $7.180K $729.9M
YoY Change -5.2% 10269872.14% -100.0%
Cash & Equivalents
Short-Term Investments $137.9M
Other Short-Term Assets $364.3M $261.0M $788.6K $392.1M
YoY Change 39.56% 33003.76% -99.8%
Inventory $160.8M $131.6M $223.3M $233.9M
Prepaid Expenses
Receivables $1.936B $1.094B $953.3M $874.9M
Other Receivables $128.8M $1.057B $179.0M $196.9M
Total Short-Term Assets $3.289B $3.281B $795.7K $2.428B
YoY Change 0.23% 412230.03% -99.97%
Property, Plant & Equipment $246.0M $203.8M $103.2M $106.1M
YoY Change 20.72% 97.54% -2.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $301.0M $489.8M $1.354B $2.653M
YoY Change -38.54% -63.83% 50938.41%
Other Assets $252.6M $239.7M $300.1M $248.6K
YoY Change 5.36% -20.13% 120623.06%
Total Long-Term Assets $978.9M $970.0M $300.1M -$2.427B
YoY Change 0.92% 223.18% -112.36%
Total Assets $4.268B $4.251B $300.9M $248.6K
YoY Change
Accounts Payable $2.097B $1.264B $761.5M $1.067B
YoY Change 65.87% 66.0% -28.65%
Accrued Expenses $347.3M $379.5M $507.3K $207.0K
YoY Change -8.49% 74710.67% 145.03%
Deferred Revenue
YoY Change
Short-Term Debt $1.210B $1.038B $0.00 $25.50K
YoY Change 16.52% -100.0%
Long-Term Debt Due $0.00 $250.0M
YoY Change -100.0%
Total Short-Term Liabilities $4.215B $3.599B $524.7K $232.5K
YoY Change 17.12% 685905.45% 125.63%
Long-Term Debt $455.7M $439.9M $0.00 $0.00
YoY Change 3.6%
Other Long-Term Liabilities $430.9M $388.9M $22.25M $366.7M
YoY Change 10.79% 1648.25% -93.93%
Total Long-Term Liabilities $886.6M $828.8M $22.25M $0.00
YoY Change 6.97% 3625.38%
Total Liabilities $5.189B $4.428B $22.77M $232.5K
YoY Change 17.18% 19345.44% 9692.96%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 337.4M shares 239.3M 236.7M 238.6M
Diluted Shares Outstanding 337.4M shares 239.3M 236.7M 238.6M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $689.69 Million

About ECARX Holdings Inc.

ECARX Holdings, Inc. engages in the development of mobility technology services. The company is headquartered in Shanghai, Shanghai and currently employs 2,000 full-time employees. The company went IPO on 2021-05-30. The firm is committed to transforming vehicles into seamlessly integrated information, communications, and transportation devices. The Company’s core products include infotainment head units (IHU), digital cockpits, vehicle chip-set solutions, a core operating system and integrated software stack. The firm is also engaged in developing a full-stack automotive computing platform. The firm mainly serves customers such as original equipment manufacturers (OEMs) and tier 1 automotive suppliers.

Industry: Services-Computer Integrated Systems Design Peers: Hesai Group