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Phoenix Motor Inc. (PEV)
NASDAQ:PEV
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Phoenix Motor Inc.
(NASDAQ:PEV)
Rating:38Underperform
Price Target:―
Phoenix Motor Inc. (PEV) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.01M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)1.51
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees30
SectorConsumer Cyclical
Sector Strength65
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-0.63
Shares Outstanding45,979,404
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)1.70
Price to Sales (P/S)1.02
P/FCF Ratio-1.29
Enterprise Value/Market Cap4.95
Enterprise Value/Revenue0.40
Enterprise Value/Gross Profit4.89
Enterprise Value/Ebitda-0.26
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Phoenix Motor Inc. Business Overview & Revenue Model
Company DescriptionPhoenix Motor Inc. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles. The company offers buses and trucks. It focuses on developing light and medium duty commercial electric vehicles for various service and government fleet markets, including city fleets, campuses, municipalities, and transit agencies; and serves a spectrum of commercial fleet customers, such as airport shuttle operators, hotel chains, transit fleet operators, seaports, last-mile delivery fleets, and large corporations. The company also markets and sells electric vehicle chargers for the commercial and residential markets; and operates a sales and leasing dealership in the United States. In addition, it sells various L2 and DC fast-charging solutions to its fleet customers at the point of sale for fleet vehicles. The company was founded in 2003 and is headquartered in Anaheim, California. Phoenix Motor Inc. operates as a subsidiary of Edisonfuture Inc.
How the Company Makes MoneyPhoenix Motor Inc. generates revenue primarily through the sale of its electric vehicles. The company's key revenue streams include direct sales to fleet operators and commercial enterprises looking to integrate electric vehicles into their operations. Additionally, Phoenix Motor Inc. may engage in strategic partnerships with other companies to expand its market reach or enhance its product offerings. Revenue is also supported by any ancillary services or products related to electric vehicle maintenance, charging infrastructure, or technology licensing. The company's focus on the commercial sector allows it to tap into the growing demand for sustainable transportation solutions, thereby contributing to its earnings.
Phoenix Motor Inc. Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.12M | 3.12M | 4.33M | 2.98M | 4.51M | 3.99M |
| Gross Profit | 5.07M | -276.00K | 820.00K | -563.00K | -421.00K | -298.00K |
| EBITDA | -30.95M | -18.01M | -10.34M | -12.91M | -4.05M | -5.10M |
| Net Income | -16.38M | -20.64M | -12.71M | -14.61M | -4.67M | -5.97M |
Balance Sheet | ||||||
| Total Assets | 64.23M | 11.64M | 20.44M | 15.44M | 29.23M | 8.96M |
| Cash, Cash Equivalents and Short-Term Investments | 279.00K | 31.00K | 139.00K | 2.68M | 15.70M | 29.00K |
| Total Debt | 8.44M | 6.97M | 4.09M | 766.00K | 205.00K | 2.80M |
| Total Liabilities | 49.32M | 16.48M | 8.16M | 5.21M | 4.44M | 20.59M |
| Stockholders Equity | 14.91M | -4.84M | 12.28M | 10.23M | 24.79M | -11.64M |
Cash Flow | ||||||
| Free Cash Flow | -3.85M | -3.75M | -16.15M | -13.58M | -2.06M | -6.20M |
| Operating Cash Flow | -3.92M | -3.65M | -14.87M | -12.94M | -1.42M | -3.33M |
| Investing Cash Flow | -10.04M | -93.00K | -1.01M | -638.00K | -636.00K | -2.84M |
| Financing Cash Flow | 13.81M | 6.64M | 13.58M | 561.00K | 17.73M | 6.01M |
Phoenix Motor Inc. Risk Analysis
Phoenix Motor Inc. disclosed 53 risk factors in its most recent earnings report. Phoenix Motor Inc. reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Phoenix Motor Inc. Peers Comparison
Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | HK$25.22B | 4.10 | -2.03% | 6.15% | -0.31% | -67.64% | |
48 Neutral | $5.02M | ― | -213.60% | ― | 19.71% | 99.98% | |
47 Neutral | $3.31M | ― | 19.40% | ― | -98.78% | 92.98% | |
47 Neutral | $21.41M | ― | -188.79% | ― | -53.55% | 65.29% | |
41 Neutral | $4.67M | ― | -132.63% | ― | -47.62% | 8.34% | |
38 Underperform | $5.01M | ― | 426.64% | ― | ― | ― | |
28 Underperform | $1.23M | ― | ― | ― | ― |
* Consumer Cyclical Sector Average
Performance Comparison
PEV
Phoenix Motor Inc.
0.09
-0.31
-77.50%
AYRO
AYRO
6.60
-7.00
-51.47%
WKHS
Workhorse Group
2.10
-18.78
-89.94%
EVTV
Envirotech Vehicles
0.19
-1.59
-89.33%
VLCN
Volcon
21.61
-170.39
-88.74%
ZAPP
Zapp Electric Vehicles
0.04
-11.08
-99.64%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―