Thunder Power Holdings, Inc.(AIEV)Earnings, Financials & Key Ratios
AIEV•NASDAQ
$0.18
$9M mkt cap·Price updated May 6, 2026
AboutThunder Power Holdings, Inc. develops and manufactures electric vehicles. It offers the Coupe, Compact City Car, Long-Range Sedan, and Long-Range SUV. The company is based in Wilmington, Delaware.Show more
- Revenue$0
- EBITDA$0+100.0%
- Net Income-$3M-287.2%
- EPS (Diluted)-0.06-146.2%
- ROE-9.2%-599.3%
- Debt/Equity0.00-98.8%
AIEV Key Insights
Thunder Power Holdings, Inc. (AIEV) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Momentum leader: RS Rating 81 (top 19%)
- ✓Trading at only 1.2x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 100.0% in last year
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AIEV Price & Volume
Thunder Power Holdings, Inc. (AIEV) stock price & volume — 10-year historical chart
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AIEV Growth Metrics
Thunder Power Holdings, Inc. (AIEV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM21.75%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM10.96%
Return on Capital
10 Years-1.77%
5 Years-1.77%
3 Years-1.77%
Last Year-
AIEV Peer Comparison
Thunder Power Holdings, Inc. (AIEV) competitors in Electric-only passenger car makers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 WKHS | 27.98M | 3.18 | -0.06 | -49.47% | -6.07% | -198.1% | 0.37 | |
 TSLA | 1.46T | 389.30 | 360.46 | -2.93% | 3.96% | 4.75% | 0.43% | 0.10 |
 RIVN | 18.06B | 14.60 | -4.76 | 8.39% | -63.62% | -69.6% | 1.45 | |
 LCID | 2.06B | 6.25 | -0.52 | 67.58% | -300.36% | -293.86% | 1.20 | |
 XPEV | 5.52B | 15.82 | -17.62 | 33.22% | -7.1% | -13.77% | 0.51 | |
 NIO | 12.34B | 5.90 | -3.65 | 18.18% | -35.01% | -270.66% | 2.50 | |
 CHPT | 137.2M | 6.33 | -0.67 | -1.4% | -53.55% | -353.75% | 12.75 | |
 BLNK | 82.81M | 0.72 | -0.37 | -11.16% | -118.72% | -131.92% | 0.09 |
Compare AIEV vs Peers
Thunder Power Holdings, Inc. (AIEV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AIEV Income Statement
Thunder Power Holdings, Inc. (AIEV) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% |
| Gross Margin % | - | - | - | - | - |
| Gross Profit Growth % | - | - | - | - | - |
| Operating Expenses | 939.52K | 432K | 1.25M | 2.5M | 1.71M |
| OpEx % of Revenue | - | - | - | - | - |
| Selling, General & Admin | 939.52K | 432K | 1.17M | 2.5M | 1.71M |
| SG&A % of Revenue | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -82.05K | 0 | 450 |
| Operating Income | -940K▲ 0% | -508K▲ 46.0% | -1.25M▼ 146.1% | 0▲ 100.0% | -1.29M▲ 0% |
| Operating Margin % | - | - | - | - | - |
| Operating Income Growth % | - | 45.96% | -146.06% | 100% | - |
| EBITDA | -820.21K | -442.11K | -1.25M | 0 | -1.7M |
| EBITDA Margin % | - | - | - | - | - |
| EBITDA Growth % | - | 46.1% | -181.75% | 100% | -176.5% |
| D&A (Non-Cash Add-back) | 119.79K | 65.89K | 4.37K | 0 | 14.36K |
| EBIT | -940K | 800.87K | 2.42M | 0 | -1.71M |
| Net Interest Income | 0 | 0 | 3.66M | 0 | 27 |
| Interest Income | 0 | 0 | 3.66M | 0 | 27 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 15.71K | 1.31M | 3.66M | 0 | -168 |
| Pretax Income | -924K▲ 0% | 800.87K▲ 186.7% | 2.42M▲ 201.5% | -2.5M▼ 203.6% | -1.71M▲ 0% |
| Pretax Margin % | - | - | - | - | - |
| Income Tax | 0 | 396.25K | 1.08M | 0 | 0 |
| Effective Tax Rate % | 0% | 49.48% | 44.64% | 0% | 0% |
| Net Income | -924K▲ 0% | 404.62K▲ 143.8% | 1.34M▲ 230.4% | -2.5M▼ 287.2% | -1.71M▲ 0% |
| Net Margin % | - | - | - | - | - |
| Net Income Growth % | - | 143.79% | 230.44% | -287.16% | 21.75% |
| Net Income (Continuing) | -924K | 404.62K | 1.34M | 0 | -1.71M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.02▲ 0% | -0.01▲ 53.0% | 0.13▲ 1497.8% | -0.06▼ 146.2% | -0.03▲ 0% |
| EPS Growth % | - | 53.03% | - | -146.15% | 10.96% |
| EPS (Basic) | -0.02 | -0.01 | 0.13 | -0.06 | - |
| Diluted Shares Outstanding | 46.66M | 247.12M | 10.24M | 44.74M | 50.72M |
| Basic Shares Outstanding | 46.66M | 247.14M | 10.24M | 44.74M | 50.72M |
| Dividend Payout Ratio | - | - | - | - | - |
AIEV Balance Sheet
Thunder Power Holdings, Inc. (AIEV) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 229 | 715.12K | 1.25M | 13.55M | 13.49M |
| Cash & Short-Term Investments | 229 | 546.63K | 196.91K | 52.62K | 17.43K |
| Cash Only | 229 | 546.63K | 18.33K | 52.62K | 16.44K |
| Short-Term Investments | 0 | 0 | 178.58K | 0 | 993 |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 1.04M | 315K | 13.47M |
| Total Non-Current Assets | 52.1K | 100.53M | 54.08M | 4.61K | 21.46K |
| Property, Plant & Equipment | 52.1K | 38.8K | 7.71K | 4.61K | 21.46K |
| Fixed Asset Turnover | - | - | - | - | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 100.53M | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | -38.8K | 54.07M | 0 | 0 |
| Total Assets | 52.33K▲ 0% | 101.24M▲ 193373.1% | 1.26M▼ 98.8% | 13.56M▲ 977.9% | 13.51M▲ 0% |
| Asset Turnover | - | - | - | - | 0.00x |
| Asset Growth % | - | 193373.13% | -98.76% | 977.86% | -156.9% |
| Total Current Liabilities | 656.82K | 544.95K | 2.83M | 7.03M | 8.26M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 14.68K |
| Deferred Revenue (Current) | 500K | 300K | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 2.8M | 0 | 8.24M |
| Current Ratio | 0.00x | 1.31x | 0.44x | 1.93x | 1.93x |
| Quick Ratio | 0.00x | 1.31x | 0.44x | 1.93x | 1.93x |
| Cash Conversion Cycle | - | - | - | - | - |
| Total Non-Current Liabilities | 0 | 3.42M | 3.42M | 0 | 5.5K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 5.5K |
| Capital Lease Obligations | 0 | 3.44K | 0 | 0 | 22.11K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 3.42M | 0 | 0 |
| Total Liabilities | 656.82K | 3.97M | 6.26M | 7.03M | 8.26M |
| Total Debt | 74.33K | 131.08K | 2.16M | 3.46K | 20.18K |
| Net Debt | 74.1K | -415.56K | 2.14M | -49.16K | 3.74K |
| Debt / Equity | - | 0.00x | 0.05x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | - | - | -0.01x |
| Net Debt / EBITDA | - | - | - | - | -0.00x |
| Interest Coverage | - | - | - | - | - |
| Total Equity | -604.5K▲ 0% | 97.27M▲ 16191.8% | 47.88M▼ 50.8% | 6.52M▼ 86.4% | 5.25M▲ 0% |
| Equity Growth % | - | 16191.85% | -50.77% | -86.38% | -209.39% |
| Book Value per Share | -0.01 | 0.39 | 4.67 | 0.15 | 0.10 |
| Total Shareholders' Equity | -604.5K | 97.27M | 47.88M | 6.52M | 5.25M |
| Common Stock | 24.71K | 100.07M | 29.2K | 5.07K | 5.07K |
| Retained Earnings | -32.18M | -2.8M | -34.43M | -36.93M | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 133 | -1.52K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
AIEV Cash Flow Statement
Thunder Power Holdings, Inc. (AIEV) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -506.99K | -528.18K | -2.58M | -1.23M | -1.23M |
| Operating CF Margin % | - | - | - | - | - |
| Operating CF Growth % | - | -4.18% | -388.44% | 52.43% | -221.96% |
| Net Income | -923.82K | 404.62K | 1.34M | -2.5M | -1.71M |
| Depreciation & Amortization | 119.79K | 65.89K | 31.08K | 28.97K | 7.18K |
| Stock-Based Compensation | 17.46K | 16.68K | 0 | 1.01M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | -1.31M | -4.26M | 0 | -1.37M |
| Working Capital Changes | 279.57K | 376.46K | 315.36K | 238.42K | -300.98K |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 0 | -99.22M | 50.11M | 929.3K | -1.4K |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 929.3K | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 0 | 0 | -1.68M | 0 | 0 |
| Cash from Financing | 500K | 100.29M | -48.06M | 153.66K | 1.67M |
| Debt Issued (Net) | 0 | 0 | 0 | 646.56K | 341.5K |
| Equity Issued (Net) | 0 | 1000K | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -50.23M | 0 | 0 |
| Other Financing | 500K | -1.96M | -48.06M | -492.9K | 1.33M |
| Net Change in Cash | -6.99K▲ 0% | 546.4K▲ 7920.3% | -528.3K▼ 196.7% | -144.29K▲ 72.7% | -50K▲ 0% |
| Free Cash Flow | -506.99K▲ 0% | -528.18K▼ 4.2% | -2.58M▼ 388.4% | -1.23M▲ 52.4% | -1.69M▲ 0% |
| FCF Margin % | - | - | - | - | - |
| FCF Growth % | - | -4.18% | -388.44% | 52.43% | -15.26% |
| FCF per Share | -0.01 | -0.00 | -0.25 | -0.03 | -0.03 |
| FCF Conversion (FCF/Net Income) | 0.55x | -1.31x | -1.93x | 0.49x | 0.99x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 |
AIEV Key Ratios
Thunder Power Holdings, Inc. (AIEV) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 0.84% | 1.84% | -9.2% | -32.68% |
| Return on Invested Capital (ROIC) | -0.79% | -1.28% | - | -17.01% |
| Debt / Equity | 0.00x | 0.05x | 0.00x | 0.00x |
| FCF Conversion | -1.31x | -1.93x | 0.49x | 0.99x |
AIEV Frequently Asked Questions
Thunder Power Holdings, Inc. (AIEV) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Thunder Power Holdings, Inc. (AIEV) grew revenue by 0.0% over the past year. Growth has been modest.
Thunder Power Holdings, Inc. (AIEV) reported a net loss of $1.7M for fiscal year 2024.
Dividend & Returns
Thunder Power Holdings, Inc. (AIEV) has a return on equity (ROE) of -9.2%. Negative ROE indicates the company is unprofitable.
Thunder Power Holdings, Inc. (AIEV) had negative free cash flow of $1.7M in fiscal year 2024, likely due to heavy capital investments.
Explore More AIEV
Thunder Power Holdings, Inc. (AIEV) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates