| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 65.00M | 45.05M | 38.13M | 7.41M | 23.18M |
| Gross Profit | -5.80M | -12.40M | -1.35M | 3.52M | 20.20M |
| EBITDA | -10.24M | -26.47M | -20.01M | -7.87M | 15.95M |
| Net Income | -11.78M | -24.23M | -22.64M | -8.40M | 12.09M |
Balance Sheet | |||||
| Total Assets | 143.02M | 120.50M | 107.02M | 58.70M | 39.74M |
| Cash, Cash Equivalents and Short-Term Investments | 1.26M | 3.62M | 4.99M | 19.88M | 10.97M |
| Total Debt | 50.50M | 27.78M | 12.40M | 99.57K | 66.50K |
| Total Liabilities | 115.73M | 75.17M | 33.66M | 1.72M | 5.59M |
| Stockholders Equity | -10.26M | 2.65M | 28.68M | 53.85M | 34.04M |
Cash Flow | |||||
| Free Cash Flow | -7.82M | -14.44M | -57.67M | -13.55M | 2.38M |
| Operating Cash Flow | -5.35M | -7.28M | -13.59M | -5.23M | 6.84M |
| Investing Cash Flow | 632.46K | -7.00M | -45.61M | -22.10M | -6.37M |
| Financing Cash Flow | 10.63M | 13.68M | 45.76M | 30.84M | 120.00K |
Sunrise New Energy Co., Ltd. has announced its upcoming Annual General Meeting of Shareholders scheduled for January 5, 2026. Key agenda items include the re-election of five directors and a special resolution to change the company’s name to E-Power Inc. This name change is part of a strategic move to enhance the company’s brand identity and market positioning, potentially impacting its stakeholders and industry presence.
On November 19, 2025, Sunrise New Energy Co., Ltd. completed a private placement offering, issuing 7,000,000 Class A ordinary shares and warrants to purchase up to 3,500,000 shares, raising approximately $5.6 million. The proceeds are intended for working capital and general corporate purposes, potentially strengthening the company’s operational capabilities and market position.
On November 3, 2025, Sunrise New Energy Co., Ltd. entered into subscription agreements with three non-U.S. purchasers to issue and sell 7,000,000 Class A ordinary shares and warrants for an additional 3,500,000 shares, raising $5.6 million. This strategic move, approved by the company’s board, is expected to close around November 19, 2025, potentially enhancing the company’s financial position and market reach.
On October 3, 2025, Sunrise New Energy Co., Ltd. completed a registered direct offering of 3,000,000 Class A ordinary shares, raising approximately $1,650,000 in gross proceeds. The funds are intended for working capital and general corporate purposes, potentially enhancing the company’s operational capabilities and market position.
On September 23, 2025, Sunrise New Energy Co., Ltd. completed a registered direct offering of 1,000,000 Class A ordinary shares, generating approximately $550,000 in gross proceeds. The company plans to use the funds for working capital and general corporate purposes, potentially enhancing its operational capabilities and market position.