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Solidion Technology Inc.(STI)Earnings, Financials & Key Ratios
STI•NASDAQ
$5.73
$16M mkt cap·Price updated May 7, 2026
AboutSolidion Technology Inc. engages in the development and supply of battery materials, components, cells, and selected module/pack technologies. Its products include advanced anode materials; three classes of solid-state batteries, including silicon-rich all-solid-state lithium-ion cells; anode less lithium metal cells; and lithium-sulfur cells. The company was formerly known as Honeycomb Battery Company and changed its name to Solidion Technology Inc. in February 2024. The company was incorporated in 2014 and is based in Dayton, Ohio. Solidion Technology Inc. operates as a subsidiary of Global Graphene Group, Inc.Show more
- Revenue$0-100.0%
- EBITDA-$13M-171.5%
- Net Income-$26M-387.0%
- EPS (Diluted)-13.01-257.4%
STI Key Insights
Solidion Technology Inc. (STI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
No significant strengths identified
✗Weaknesses
- ✗Weak Piotroski F-Score: 2/9
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 36.2% 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.
STI Price & Volume
Solidion Technology Inc. (STI) stock price & volume — 10-year historical chart
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STI Growth Metrics
Solidion Technology Inc. (STI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM150.52%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM53.16%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM76.6%
Return on Capital
10 Years-4.77%
5 Years-4.77%
3 Years-4.77%
Last Year-
STI Peer Comparison
Solidion Technology Inc. (STI) competitors in Battery Cells and Materials — 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 |
|---|---|---|---|---|---|---|---|---|
 SLDP | 634.51K | 2.92 | -5.73 | 7.98% | -485.47% | -21.56% | 0.02 | |
 MVST | 610.74M | 1.89 | -21 | 12.56% | -6.83% | -7.4% | 0.45 | |
 CBAT | 70.4M | 0.79 | 6.04 | -13.61% | -4.03% | -5.5% | 0.25 | |
 FLUX | 22.76M | 1.30 | -3.25 | 9.22% | -12.48% | -7.38% | ||
 CLFD | 519.11M | 37.49 | -64.64 | 19.56% | -6.32% | -3.4% | 0.03 | |
 AMPX | 2.21B | 16.12 | -46.06 | 202.11% | -43.98% | -40.4% | 0.38 | |
 ALB | 23.37B | 198.35 | -34.50 | -4.37% | -4.24% | -2.29% | 0.34 | |
 LAC | 1.37B | 5.66 | -26.95 | -26.94% | 0.02 |
Compare STI vs Peers
Solidion Technology Inc. (STI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
STI Income Statement
Solidion Technology Inc. (STI) 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 | 6.94K | 0 | 13.35K |
| Revenue Growth % | - | - | - | -100% | 150.52% |
| Cost of Goods Sold | 0 | 0 | 552.86K | 350.51K | 265.21K |
| COGS % of Revenue | - | - | 7961.62% | - | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | -545.91K▲ 0% | -350.51K▲ 35.8% | -251.86K▲ 0% |
| Gross Margin % | - | - | -7861.62% | - | -1886.59% |
| Gross Profit Growth % | - | - | - | 35.79% | - |
| Operating Expenses | 0 | 904.19K | 4.78M | 12.95M | 8.82M |
| OpEx % of Revenue | - | - | 68789.86% | - | - |
| Selling, General & Admin | 0 | 904.19K | 1.75M | 10.57M | 5.76M |
| SG&A % of Revenue | - | - | 25249.61% | - | - |
| Research & Development | 0 | 0 | 3.02M | 2.38M | 3.06M |
| R&D % of Revenue | - | - | 43540.25% | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 0▲ 0% | -904.19K▲ 0% | -5.32M▼ 488.7% | -13.3M▼ 149.9% | -9.08M▲ 0% |
| Operating Margin % | - | - | -76651.48% | - | -67989.36% |
| Operating Income Growth % | - | - | -488.67% | -149.87% | - |
| EBITDA | -1.43K | 933.8K | -4.77M | -12.95M | -8.82M |
| EBITDA Margin % | - | - | -68689.86% | - | -66052.56% |
| EBITDA Growth % | - | 65400.91% | -610.8% | -171.48% | 23.98% |
| D&A (Non-Cash Add-back) | 0 | 0 | 552.86K | 350.51K | 258.56K |
| EBIT | -1.43K | 933.8K | -5.32M | -25.56M | -7.9M |
| Net Interest Income | 0 | 5.68K | 3.8M | 380.77K | -622.31K |
| Interest Income | 0 | 5.68K | 3.8M | 13.81K | 30.08K |
| Interest Expense | 0 | 0 | 0 | -366.96K | 652.39K |
| Other Income/Expense | -1.43K | 1.84M | -1.95K | -12.63M | 520.73K |
| Pretax Income | -1.43K▲ 0% | 933.8K▲ 65401.0% | -5.32M▼ 670.2% | -25.93M▼ 387.0% | -8.56M▲ 0% |
| Pretax Margin % | - | - | -76679.49% | - | -64088.77% |
| Income Tax | 0 | 339.9K | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 36.4% | 0% | 0% | 0% |
| Net Income | -1.43K▲ 0% | 593.9K▲ 41631.8% | -5.32M▼ 996.5% | -25.93M▼ 387.0% | -8.56M▲ 0% |
| Net Margin % | - | - | -76679.49% | - | -64088.77% |
| Net Income Growth % | - | 41631.82% | -996.54% | -386.96% | 53.16% |
| Net Income (Continuing) | -1.43K | 593.9K | -5.32M | -25.93M | -8.56M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.01▲ 0% | -0.05▼ 978.0% | -3.64▼ 6653.2% | -13.01▼ 257.4% | -2.78▲ 0% |
| EPS Growth % | - | - | -6653.25% | -257.42% | 76.6% |
| EPS (Basic) | -0.01 | 0.01 | -3.64 | -13.01 | - |
| Diluted Shares Outstanding | 1.46M | 1.46M | 1.46M | 1.99M | 3.08M |
| Basic Shares Outstanding | 1.46M | 1.46M | 1.46M | 1.99M | 3.08M |
| Dividend Payout Ratio | - | - | - | - | - |
STI Balance Sheet
Solidion Technology Inc. (STI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 0 | 761.28K | 258.07K | 3.89M | 1.01M |
| Cash & Short-Term Investments | 0 | 545.65K | 780 | 3.35M | 160.51K |
| Cash Only | 0 | 545.65K | 780 | 3.35M | 160.51K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 189.66K | 303.5K | 308.06K |
| Days Sales Outstanding | - | - | 9.97K | - | 8.36K |
| Inventory | 0 | 0 | 22.73K | 24.43K | 24.43K |
| Days Inventory Outstanding | - | - | 15.01 | 25.44 | 33.62 |
| Other Current Assets | 0 | 0 | 0 | 0 | 253.89K |
| Total Non-Current Assets | 180.34K | 127.82M | 4.17M | 4.15M | 4.15M |
| Property, Plant & Equipment | 0 | 0 | 2.32M | 2.09M | 2.07M |
| Fixed Asset Turnover | - | - | 0.00x | - | 0.01x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 1.85M | 1.97M | 2M |
| Long-Term Investments | 0 | 127.78M | 0 | 80.24K | 320.96K |
| Other Non-Current Assets | 180.34K | 35.87K | 0 | 0 | 0 |
| Total Assets | 180.34K▲ 0% | 128.58M▲ 71198.3% | 4.43M▼ 96.6% | 8.04M▲ 81.4% | 5.17M▲ 0% |
| Asset Turnover | - | - | 0.00x | - | 0.00x |
| Asset Growth % | - | 71198.28% | -96.55% | 81.41% | 25.24% |
| Total Current Liabilities | 156.77K | 909.33K | 1.02M | 30.86M | 22.49M |
| Accounts Payable | 0 | 0 | 144.92K | 2.14M | 4.24M |
| Days Payables Outstanding | - | - | 95.68 | 2.22K | 4.45K |
| Short-Term Debt | 125.34K | 125.34K | 0 | 2.45M | 1.91M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 31.43K | 444.09K | 872.49K | 26.27M | 16.35M |
| Current Ratio | - | 0.84x | 0.25x | 0.13x | 0.13x |
| Quick Ratio | - | 0.84x | 0.23x | 0.13x | 0.13x |
| Cash Conversion Cycle | - | - | 9.89K | - | 3.94K |
| Total Non-Current Liabilities | 0 | 4.32M | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 4.32M | 0 | 0 | 0 |
| Total Liabilities | 156.77K | 5.23M | 1.02M | 30.86M | 22.49M |
| Total Debt | 125.34K | 125.34K | 0 | 2.45M | 1.91M |
| Net Debt | 125.34K | -420.31K | -780 | -908.27K | 1.74M |
| Debt / Equity | 5.32x | 0.00x | - | - | -0.11x |
| Debt / EBITDA | - | 0.13x | - | - | -0.22x |
| Net Debt / EBITDA | - | -0.45x | - | - | -0.20x |
| Interest Coverage | - | - | - | - | -12.11x |
| Total Equity | 23.57K▲ 0% | 123.35M▲ 523227.1% | 3.41M▼ 97.2% | -22.82M▼ 768.8% | -17.33M▲ 0% |
| Equity Growth % | - | 523227.15% | -97.23% | -768.78% | -668.76% |
| Book Value per Share | 0.02 | 84.24 | 2.33 | -11.45 | -5.63 |
| Total Shareholders' Equity | 23.57K | 123.35M | 3.41M | -22.82M | -17.33M |
| Common Stock | 316 | 127.24M | 6.98K | 13.17K | 288 |
| Retained Earnings | -1.43K | -3.9M | -25.45M | -115.88M | -112.89M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
STI Cash Flow Statement
Solidion Technology Inc. (STI) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -2.83M | -725.1K | -4.07M | -7.38M | -7.38M |
| Operating CF Margin % | - | - | -58587.3% | - | - |
| Operating CF Growth % | - | 74.38% | -461.07% | -81.35% | -13.18% |
| Net Income | -3.47M | 593.9K | -5.32M | -25.93M | -8.56M |
| Depreciation & Amortization | 657.18K | 606.91K | 552.86K | 350.51K | 258.56K |
| Stock-Based Compensation | 0 | 0 | 0 | 4.34M | 3.56M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | -2.44M | 0 | 12.57M | -4.84M |
| Working Capital Changes | -12.54K | 513.31K | 703.47K | 1.28M | 2M |
| Change in Receivables | 32.72K | 1.06M | -188.63K | 1.17K | 110.44K |
| Change in Inventory | 19.44K | 0 | 0 | -1.7K | 0 |
| Change in Payables | 357 | 424.91K | 31.78K | 1.34M | 1.92M |
| Cash from Investing | -261.5K | -125.97M | -376.15K | -246.07K | -269.02K |
| Capital Expenditures | -19.75K | -10.14K | -376.15K | -246.07K | -269.02K |
| CapEx % of Revenue | - | - | 5416.91% | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | -241.75K | -125.96M | 0 | 0 | 0 |
| Cash from Financing | 3.06M | 127.24M | 3.82M | 10.98M | 4.55M |
| Debt Issued (Net) | 0 | 0 | 0 | -191.65K | -102.11K |
| Equity Issued (Net) | 0 | 1000K | 1000K | 1000K | 430.02K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 3.06M | 3.74M | 0 | 2.83M | 4.22M |
| Net Change in Cash | -34.31K▲ 0% | 545.65K▲ 1690.3% | -620.79K▼ 213.8% | 3.35M▲ 640.1% | -1.03M▲ 0% |
| Free Cash Flow | -3.09M▲ 0% | -725.1K▲ 76.5% | -4.44M▼ 512.9% | -7.62M▼ 71.5% | -5.55M▲ 0% |
| FCF Margin % | - | - | -64004.21% | - | -41535.86% |
| FCF Growth % | - | 76.55% | -512.94% | -71.54% | 16.46% |
| FCF per Share | -2.11 | -0.50 | -3.04 | -3.82 | -3.82 |
| FCF Conversion (FCF/Net Income) | 1979.07x | -1.22x | 0.76x | 0.28x | 0.65x |
| Interest Paid | 0 | 0 | 0 | 169.91K | 6.37K |
| Taxes Paid | 0 | 0 | 0 | 89.96K | -55.84K |
STI Key Ratios
Solidion Technology Inc. (STI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 0.96% | -8.4% | - | 51.65% |
| Return on Invested Capital (ROIC) | -1.1% | -6.32% | - | 43.25% |
| Gross Margin | - | -7861.62% | - | -1886.59% |
| Net Margin | - | -76679.49% | - | -64088.77% |
| Debt / Equity | 0.00x | - | - | -0.11x |
| Interest Coverage | - | - | - | -12.11x |
| FCF Conversion | -1.22x | 0.76x | 0.28x | 0.65x |
| Revenue Growth | - | - | -100% | 150.52% |
STI SEC Filings & Documents
Solidion Technology Inc. (STI) SEC filings — annual & quarterly reports (10-K, 10-Q)
STI Frequently Asked Questions
Solidion Technology Inc. (STI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Solidion Technology Inc. (STI) reported $0.0M in revenue for fiscal year 2024.
Solidion Technology Inc. (STI) saw revenue decline by 100.0% over the past year.
Solidion Technology Inc. (STI) reported a net loss of $8.6M for fiscal year 2024.
Dividend & Returns
Solidion Technology Inc. (STI) had negative free cash flow of $5.5M in fiscal year 2024, likely due to heavy capital investments.
Explore More STI
Solidion Technology Inc. (STI) financial analysis — history, returns, DCA and operating performance tools
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Dividend History
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Earnings History
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Price History
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Revenue History
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Financial Ratios
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Valuation
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