PEVMTruck & Bus BodiesFiscal year ends December 31
PHOENIX MOTOR INC.
Financials through Q3 FY2025, quarter ended Sep 30, 2025Last filing: 10-Q on Nov 12, 2025
$0.00+0.00 (+66.67%)
Close on Oct 19, 2026
- Market cap
- $12.43K
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2024
Gross margin
22.6%
Operating margin
-99.4%
Net margin
25.5%
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +897.9% | +118.7% | – | – |
Returns and balance sheet
5 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 289.4% | |
| Return on assets | – | – | 22.9% | |
| Current ratio | – | – | 1.98 | |
| Debt to equity | – | – | 0.11 | |
| Net debt to EBITDA | – | – | -0.01× | |
| Interest coverage | – | – | -238.2× | |
| Inventory turnover | – | – | 1.1× | |
| Capex to revenue | – | – | 0.4% | |
| Diluted shares | – | – | 7M |
Cash use needs five years of cash flow figures
Phoenix Motor does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin25.5%
×Asset turnover0.90×
×Equity multiplier12.63×
=Return on equity, FY2024289.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 25.5% | 0.90× | 12.63× | 289.4% |
| FY2023 | -661.3% | 0.19× | 4.31× | -554.7% |
| FY2022 | -7562.5% | 0.01× | 1.59× | -112.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
6of 9 tests passed in fiscal 2024. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$7.93M
- Cash generatingOperating cash flow above zero-$1.95M
- Return on assets improvedROA up on the prior year-101.0% → 68.2%
- Earnings backed by cashOperating cash flow above net income-$1.95M vs $7.93M
- Less leverageLong-term debt to assets fell1.2% → 0.2%
- Better liquidityCurrent ratio rose0.55 → 1.98
- No dilutionShare count did not rise4M → 7M
- Gross margin improvedGross margin up on the prior year-8.84% → 22.65%
- More efficientAsset turnover rose0.15 → 2.68