EZGO Technologies Ltd. (EZGO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
EZGO Technologies Ltd. (EZGO) stock price & volume — 10-year historical chart
EZGO Technologies Ltd. (EZGO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
EZGO Technologies Ltd. (EZGO) competitors in Emerging Electric Mobility Platforms — business model, growth, and fundamentals comparison
EZGO Technologies Ltd. (EZGO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
EZGO Technologies Ltd. (EZGO) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 3.19M | 5.19M | 15.24M | 23.42M | 17.39M | 15.92M | 18.22M | 20.49M |
| Revenue Growth % | - | 62.75% | 193.46% | 53.65% | -25.76% | -8.45% | 14.46% | 12.42% |
| Cost of Goods Sold | 1.67M | 2.01M | 13.7M | 23.04M | 17.17M | 14.78M | 16.53M | 19.15M |
| COGS % of Revenue | 52.26% | 38.78% | 89.9% | 98.37% | 98.74% | 92.84% | 90.69% | 93.48% |
| Gross Profit | 1.52M▲ 0% | 3.18M▲ 108.7% | 1.54M▼ 51.6% | 382.48K▼ 75.1% | 219.04K▼ 42.7% | 1.14M▲ 420.2% | 1.7M▲ 48.9% | 1.33M▼ 21.3% |
| Gross Margin % | 47.74% | 61.22% | 10.1% | 1.63% | 1.26% | 7.16% | 9.31% | 6.52% |
| Gross Profit Growth % | - | 108.69% | -51.6% | -75.15% | -42.73% | 420.18% | 48.87% | -21.31% |
| Operating Expenses | 463.83K | 932.07K | 1.47M | 4.26M | 6.68M | 5.93M | 4.03M | 3.29M |
| OpEx % of Revenue | 14.53% | 17.94% | 9.62% | 18.19% | 38.42% | 37.26% | 22.11% | 16.05% |
| Selling, General & Admin | 463.83K | 932.07K | 1.47M | 4.26M | 6.68M | 5.28M | 3.14M | 2.33M |
| SG&A % of Revenue | 14.53% | 17.94% | 9.62% | 18.19% | 38.42% | 33.16% | 17.24% | 11.4% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 652.37K | 888.49K | 954.18K |
| R&D % of Revenue | - | - | - | - | - | 4.1% | 4.88% | 4.66% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.06M▲ 0% | 2.25M▲ 112.1% | 71.97K▼ 96.8% | -3.88M▼ 5487.8% | -6.46M▼ 66.7% | -4.79M▲ 25.8% | -2.33M▲ 51.3% | -1.95M▲ 16.3% |
| Operating Margin % | 33.21% | 43.28% | 0.47% | -16.55% | -37.16% | -30.1% | -12.81% | -9.54% |
| Operating Income Growth % | - | 112.08% | -96.8% | -5487.85% | -66.67% | 25.85% | 51.3% | 16.27% |
| EBITDA | 1.66M | 3.19M | 157.65K | -3.44M | -5.64M | -3.61M | -1.67M | -1.29M |
| EBITDA Margin % | 51.98% | 61.45% | 1.03% | -14.68% | -32.42% | -22.67% | -9.15% | -6.29% |
| EBITDA Growth % | - | 92.41% | -95.06% | -2281.07% | -63.97% | 35.99% | 53.82% | 22.73% |
| D&A (Non-Cash Add-back) | 599.04K | 944.04K | 85.68K | 439.04K | 824.66K | 1.18M | 666.67K | 665.83K |
| EBIT | 1.12M | 2.67M | 465.17K | -3.74M | -6.82M | -7.32M | -6.57M | -8.31M |
| Net Interest Income | 311 | -18.86K | -14.8K | -60.76K | -40.05K | 109.54K | 352.29K | -19.53K |
| Interest Income | 311 | 0 | 0 | 0 | 0 | 109.54K | 435.25K | 110.97K |
| Interest Expense | 0 | 18.86K | 14.8K | 60.76K | 40.05K | 0 | 82.96K | 130.51K |
| Other Income/Expense | 63.77K | 405.62K | 378.39K | 80.77K | -397.5K | -2.53M | -4.31M | -6.48M |
| Pretax Income | 1.12M▲ 0% | 2.65M▲ 136.1% | 450.36K▼ 83.0% | -3.8M▼ 943.0% | -6.86M▼ 80.7% | -7.32M▼ 6.7% | -6.65M▲ 9.2% | -8.44M▼ 26.9% |
| Pretax Margin % | 35.21% | 51.09% | 2.95% | -16.21% | -39.45% | -45.99% | -36.49% | -41.18% |
| Income Tax | 286.9K | 723.38K | 116.06K | -419.4K | 527.12K | -62.45K | -786.37K | 1.02M |
| Effective Tax Rate % | 25.53% | 27.26% | 25.77% | 11.05% | -7.68% | 0.85% | 11.83% | -12.13% |
| Net Income | 512.54K▲ 0% | 1.74M▲ 239.1% | 276.92K▼ 84.1% | -2.98M▼ 1175.6% | -6.46M▼ 117.0% | -6.78M▼ 4.9% | -7.28M▼ 7.4% | -8.69M▼ 19.3% |
| Net Margin % | 16.06% | 33.46% | 1.82% | -12.72% | -37.17% | -42.61% | -39.98% | -42.43% |
| Net Income Growth % | - | 239.12% | -84.07% | -1175.64% | -117% | -4.94% | -7.4% | -19.32% |
| Net Income (Continuing) | 836.77K | 1.93M | 334.3K | -3.38M | -7.39M | -7.26M | -5.86M | -9.46M |
| Discontinued Operations | -203.02K | 412.62K | -57.38K | -36.4K | -81.61K | 573 | -1.6M | 277.14K |
| Minority Interest | 2.97M | 4.1M | 4.28M | 4.02M | 2.9M | 3.09M | 2.42M | 2.56M |
| EPS (Diluted) | 16.50▲ 0% | 46.75▲ 183.3% | 9.00▼ 80.7% | -78.75▼ 975.0% | -135.25▼ 71.7% | -147.75▼ 9.2% | -70.00▲ 52.6% | -960.04▼ 1271.5% |
| EPS Growth % | - | 183.33% | -80.75% | -975% | -71.75% | -9.24% | 52.62% | -1271.49% |
| EPS (Basic) | 14.00 | 46.75 | 12.25 | -77.75 | -133.50 | -147.75 | -70.00 | -960.04 |
| Diluted Shares Outstanding | 31.2K | 31.2K | 31.2K | 42.94K | 54.65K | 45.88K | 104.25K | 9.05K |
| Basic Shares Outstanding | 36.88K | 37.27K | 22.45K | 43.47K | 55.35K | 45.88K | 104.25K | 9.05K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
EZGO Technologies Ltd. (EZGO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 9.67M | 16.69M | 16.32M | 27.68M | 33.15M | 52.9M | 41.4M | 37.55M |
| Cash & Short-Term Investments | 27.38K | 3.63M | 2.55M | 8.28M | 5.12M | 17.94M | 5.96M | 517.34K |
| Cash Only | 27.38K | 3.63M | 340.53K | 5.89M | 4.41M | 17.25M | 4.4M | 517.34K |
| Short-Term Investments | 0 | 0 | 2.21M | 2.39M | 702.89K | 685.31K | 1.56M | 0 |
| Accounts Receivable | 7.13M | 3.12M | 8.58M | 10.37M | 16.96M | 13.89M | 11.06M | 27.21M |
| Days Sales Outstanding | 815.91 | 219.47 | 205.48 | 161.64 | 356.01 | 318.34 | 221.49 | 484.87 |
| Inventory | 56.83K | 9.67M | 3.57M | 8.33M | 10.91M | 19.59M | 17.41M | 9.66M |
| Days Inventory Outstanding | 12.44 | 1.75K | 95.03 | 131.95 | 231.92 | 483.63 | 384.58 | 184.18 |
| Other Current Assets | 2.45M | 199.16K | 804.31K | 162.09K | 60.54K | 1.42M | 6.66M | 83.95K |
| Total Non-Current Assets | 4.03M | 2.48M | 3.5M | 14.33M | 14.35M | 29.02M | 43.96M | 31.51M |
| Property, Plant & Equipment | 1.79M | 2.16M | 3.11M | 8.75M | 4.11M | 5.4M | 7.84M | 9.84M |
| Fixed Asset Turnover | 1.78x | 2.40x | 4.90x | 2.68x | 4.23x | 2.95x | 2.32x | 2.08x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 3.06M | 1.78M | 0 |
| Intangible Assets | 0 | 0 | 0 | 4.51M | 6.68M | 2.57M | 3.73M | 1.62M |
| Long-Term Investments | 3.61M | 5.13M | 5.04M | 132.62K | 2.1M | 15.57M | 14.86M | 11M |
| Other Non-Current Assets | 2.06M | 282.77K | 294.57K | 356.78K | 1.42M | 2.25M | 14.75M | 9.05M |
| Total Assets | 13.7M▲ 0% | 19.17M▲ 39.9% | 19.82M▲ 3.4% | 42.01M▲ 112.0% | 47.51M▲ 13.1% | 81.92M▲ 72.4% | 85.36M▲ 4.2% | 69.07M▼ 19.1% |
| Asset Turnover | 0.23x | 0.27x | 0.77x | 0.56x | 0.37x | 0.19x | 0.21x | 0.30x |
| Asset Growth % | - | 39.94% | 3.37% | 111.99% | 13.08% | 72.43% | 4.2% | -19.09% |
| Total Current Liabilities | 7.08M | 6.83M | 6.67M | 9.48M | 13.97M | 11.04M | 16.89M | 11.68M |
| Accounts Payable | 553.39K | 141.07K | 639.36K | 651.7K | 866.04K | 1.11M | 1.08M | 281.17K |
| Days Payables Outstanding | 121.11 | 25.56 | 17.03 | 10.32 | 18.41 | 27.51 | 23.75 | 5.36 |
| Short-Term Debt | 0 | 4.27M | 319.63K | 310.39K | 2.81M | 1.67M | 7.25M | 5M |
| Deferred Revenue (Current) | 26.57K | 111.61K | 155.38K | 94.9K | 900.44K | 1.04M | 372.14K | 160.69K |
| Other Current Liabilities | 6.45M | 636K | 1.87M | 7.73M | 8.73M | 6.6M | 655.53K | 5.76M |
| Current Ratio | 1.37x | 2.44x | 2.45x | 2.92x | 2.37x | 4.79x | 2.45x | 3.21x |
| Quick Ratio | 1.36x | 1.03x | 1.91x | 2.04x | 1.59x | 3.02x | 1.42x | 2.39x |
| Cash Conversion Cycle | 707.24 | 1.95K | 283.49 | 283.26 | 569.52 | 774.46 | 582.32 | 663.69 |
| Total Non-Current Liabilities | 0 | 6.84K | 0 | 0 | 0 | 4.39M | 7.48M | 6.43M |
| Long-Term Debt | 0 | 6.84K | 0 | 0 | 0 | 4.39M | 7.46M | 6.43M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 23.07K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 7.08M | 6.84M | 6.67M | 9.48M | 13.97M | 15.42M | 24.38M | 18.11M |
| Total Debt | 0 | 27.32K | 299.31K | 310.39K | 2.81M | 6.1M | 14.73M | 11.43M |
| Net Debt | -27.38K | -3.61M | -41.22K | -5.58M | -1.6M | -11.16M | 10.33M | 10.91M |
| Debt / Equity | - | 0.00x | 0.02x | 0.01x | 0.08x | 0.09x | 0.24x | 0.22x |
| Debt / EBITDA | - | 0.01x | 1.90x | - | - | - | - | - |
| Net Debt / EBITDA | -0.02x | -1.13x | -0.26x | - | - | - | - | - |
| Interest Coverage | - | 119.16x | 4.86x | -63.82x | -161.36x | - | -28.13x | -14.97x |
| Total Equity | 6.62M▲ 0% | 12.33M▲ 86.3% | 13.15M▲ 6.6% | 32.54M▲ 147.5% | 33.54M▲ 3.1% | 66.48M▲ 98.2% | 60.98M▼ 8.3% | 50.96M▼ 16.4% |
| Equity Growth % | - | 86.3% | 6.6% | 147.52% | 3.08% | 98.22% | -8.27% | -16.44% |
| Book Value per Share | 212.15 | 395.22 | 421.32 | 757.68 | 613.69 | 1448.99 | 585.00 | 5628.51 |
| Total Shareholders' Equity | 3.65M | 8.23M | 8.87M | 28.52M | 30.64M | 63.39M | 58.57M | 48.4M |
| Common Stock | 7.8K | 7.8K | 7.8K | 13.63K | 24.21K | 102.1K | 107.01K | 732.03K |
| Retained Earnings | -96.83K | 1.45M | 1.58M | -1.42M | -7.89M | -14.77M | -22.09M | -30.52M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -464.11K | -468.68K | -46.7K | 827.92K | -2.08M | -3.73M | -1.62M | -3.05M |
| Minority Interest | 2.97M | 4.1M | 4.28M | 4.02M | 2.9M | 3.09M | 2.42M | 2.56M |
EZGO Technologies Ltd. (EZGO) cash flow — operating, investing & free cash flow history
| Line item | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 952.45K | -2.7M | 4.02M | -6.26M | -10.36M | -9.11M | -10.31M | -2.21M |
| Operating CF Margin % | 29.84% | -52.02% | 26.4% | -26.71% | -59.55% | -57.24% | -56.57% | -10.77% |
| Operating CF Growth % | - | -383.71% | 248.95% | -255.45% | -65.51% | 12% | -13.13% | 78.59% |
| Net Income | 715.56K | 1.53M | 204.55K | -2.94M | -6.38M | -6.78M | -5.68M | -8.97M |
| Depreciation & Amortization | 599.04K | 944.04K | 85.68K | 439.04K | 824.66K | 1.18M | 666.67K | 665.83K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 286.9K | 147.66K | -63.39K | -478.14K | 526.46K | -120.69K | -802.47K | 964.25K |
| Other Non-Cash Items | 458.11K | 3.17M | 293.97K | 340.57K | 1.26M | 3.93M | 3.76M | 7.33M |
| Working Capital Changes | -1.11M | -8.49M | 3.5M | -3.62M | -6.59M | -7.33M | -8.25M | -2.19M |
| Change in Receivables | -2.79M | 4.03M | -7.71M | 1.56M | -6.71M | 1.9M | -5.41M | -4.19M |
| Change in Inventory | -20.75K | -7.56M | 5.88M | -4.64M | -3.88M | -9.88M | -5.43M | 2.02M |
| Change in Payables | 442.8K | -389.26K | 263.96K | 333.32K | 232.14K | 439.28K | 26.09K | 92.35K |
| Cash from Investing | -52.83K | -1.19M | -3.35M | -11.04M | -4.48M | -13.97M | -11.24M | -495.77K |
| Capital Expenditures | -42.08K | -3.15M | -2.34M | -11.22M | -1.77M | -4.99M | -4.12M | -2.08M |
| CapEx % of Revenue | 1.32% | 60.57% | 15.38% | 47.91% | 10.2% | 31.34% | 22.63% | 10.13% |
| Acquisitions | 0 | 935.1K | 0 | 453.65K | 0 | 4.52M | 0 | 2.98M |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -10.76K | 1.02M | 1.14M | -138.69K | -4.19M | 1.45M | -1.56M | -2.97M |
| Cash from Financing | -892.11K | 7.49M | -4M | 22.76M | 14.24M | 36.17M | 8.63M | -1.22M |
| Debt Issued (Net) | -892.11K | 3.23M | -4M | 1.82M | 6.24M | 4.32M | 9.52M | -1.21M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 4.26M | 0 | 0 | 0 | 0 | -886.37K | -8.34K |
| Net Change in Cash | 27.38K▲ 0% | 3.61M▲ 13073.6% | -3.29M▼ 191.3% | 5.55M▲ 268.5% | -1.48M▼ 126.6% | 12.84M▲ 969.6% | -12.85M▼ 200.1% | -3.89M▲ 69.8% |
| Free Cash Flow | 910.38K▲ 0% | -5.85M▼ 742.4% | 1.68M▲ 128.7% | -12.98M▼ 872.6% | -10.59M▲ 18.4% | -12.37M▼ 16.9% | -14.43M▼ 16.6% | -4.28M▲ 70.3% |
| FCF Margin % | 28.52% | -112.59% | 11.02% | -55.42% | -60.9% | -77.72% | -79.21% | -20.9% |
| FCF Growth % | - | -742.42% | 128.73% | -872.57% | 18.42% | -16.85% | -16.64% | 70.33% |
| FCF per Share | 29.18 | -187.45 | 53.85 | -302.27 | -193.76 | -269.68 | -138.45 | -473.00 |
| FCF Conversion (FCF/Net Income) | 1.86x | -1.55x | 14.53x | 2.10x | 1.60x | 1.34x | 1.42x | 0.25x |
| Interest Paid | 0 | 0 | 4.7K | 12.11K | 398.75K | 40.01K | 413.8K | 0 |
| Taxes Paid | 0 | 0 | 159 | 6.52K | 6.55K | 2.48K | 38.06K | 0 |
EZGO Technologies Ltd. (EZGO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 7.74% | 18.34% | 2.17% | -13.04% | -19.56% | -13.56% | -11.43% | -15.53% |
| Return on Invested Capital (ROIC) | 12.06% | 22.01% | 0.49% | -14.52% | -16.46% | -8.24% | -2.76% | -2.2% |
| Gross Margin | 47.74% | 61.22% | 10.1% | 1.63% | 1.26% | 7.16% | 9.31% | 6.52% |
| Net Margin | 16.06% | 33.46% | 1.82% | -12.72% | -37.17% | -42.61% | -39.98% | -42.43% |
| Debt / Equity | - | 0.00x | 0.02x | 0.01x | 0.08x | 0.09x | 0.24x | 0.22x |
| Interest Coverage | - | 119.16x | 4.86x | -63.82x | -161.36x | - | -28.13x | -14.97x |
| FCF Conversion | 1.86x | -1.55x | 14.53x | 2.10x | 1.60x | 1.34x | 1.42x | 0.25x |
| Revenue Growth | - | 62.75% | 193.46% | 53.65% | -25.76% | -8.45% | 14.46% | 12.42% |
EZGO Technologies Ltd. (EZGO) stock FAQ — growth, dividends, profitability & financials explained
EZGO Technologies Ltd. (EZGO) reported $38.7M in revenue for fiscal year 2025. This represents a 1113% increase from $3.2M in 2018.
EZGO Technologies Ltd. (EZGO) grew revenue by 12.4% over the past year. This is steady growth.
EZGO Technologies Ltd. (EZGO) reported a net loss of $16.0M for fiscal year 2025.
EZGO Technologies Ltd. (EZGO) has a return on equity (ROE) of -15.5%. Negative ROE indicates the company is unprofitable.
EZGO Technologies Ltd. (EZGO) had negative free cash flow of $18.7M in fiscal year 2025, likely due to heavy capital investments.
EZGO Technologies Ltd. (EZGO) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates