Elong Power Holding Limited(ELPW)Earnings, Financials & Key Ratios
ELPW•NASDAQ
$5.59
$131M mkt cap·Price updated May 6, 2026
AboutElong Power Holding Limited is a China-based company specializing in the research, development, manufacturing, sales, and service of high-power lithium-ion batteries. Their products are primarily used in electric vehicles, construction machinery, and energy storage systems, utilizing lithium manganese oxide and lithium iron phosphate technologies.Show more
- Revenue$3M-53.6%
- EBITDA-$5M-16.0%
- Net Income-$7M+23.8%
- EPS (Diluted)-0.32-60.0%
- Gross Margin-123.75%-195.7%
- EBITDA Margin-156.56%-150.0%
- Operating Margin-251.2%-108.5%
- Net Margin-235.43%-64.3%
- ROE-761.09%
- ROIC-27.35%-17.8%
- Debt/Equity25.11
- Interest Coverage-78.56-404.2%
ELPW Key Insights
Elong Power Holding Limited (ELPW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Share count reduced 53.3% through buybacks
✗Weaknesses
- ✗High debt to equity ratio of 25.1x
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 1 (bottom 1%)
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 133.6x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ELPW Price & Volume
Elong Power Holding Limited (ELPW) stock price & volume — 10-year historical chart
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ELPW Growth Metrics
Elong Power Holding Limited (ELPW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
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EPS CAGR
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Return on Capital
10 Years-31.84%
5 Years-31.84%
3 Years-31.84%
Last Year-31.76%
ELPW Peer Comparison
Elong Power Holding Limited (ELPW) 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 |
|---|---|---|---|---|---|---|---|---|
 CBAT | 70.85M | 0.79 | 6.08 | -13.61% | -4.03% | -5.5% | 0.25 | |
 KNDI | 61.06M | 0.71 | -0.63 | -31.46% | -49.1% | -13.92% | 0.17 | |
 WKHS | 35.81M | 4.07 | -0.08 | -49.47% | -6.07% | -198.1% | 0.37 | |
 XPEV | 5.55B | 15.93 | -17.74 | 33.22% | -7.1% | -13.77% | 0.51 | |
 NIO | 12.36B | 5.91 | -3.65 | 18.18% | -35.01% | -270.66% | 2.50 | |
 LI | 35.58B | 17.72 | 16.02 | 16.71% | 3.59% | 6.21% | 0.23 | |
 TSLA | 1.5T | 398.53 | 369.01 | -2.93% | 3.96% | 4.75% | 0.10 | |
 QS | 4.87B | 7.95 | -10.46 | -37.3% | 0.06 |
Compare ELPW vs Peers
Elong Power Holding Limited (ELPW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ELPW Income Statement
Elong Power Holding Limited (ELPW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | TTM |
|---|---|---|---|---|
| Sales/Revenue | 15.99M | 6.82M | 3.16M | 3.53M |
| Revenue Growth % | - | -57.37% | -53.6% | - |
| Cost of Goods Sold | 19.75M | 9.67M | 7.08M | 9.15M |
| COGS % of Revenue | 123.53% | 141.85% | 223.76% | - |
| Gross Profit | -3.76M▲ 0% | -2.85M▲ 24.2% | -3.91M▼ 37.2% | -5.62M▲ 0% |
| Gross Margin % | -23.53% | -41.85% | -123.75% | -159.28% |
| Gross Profit Growth % | - | 24.19% | -37.23% | - |
| Operating Expenses | 5.94M | 5.36M | 4.03M | 6.01M |
| OpEx % of Revenue | 37.18% | 78.63% | 127.44% | - |
| Selling, General & Admin | 5.52M | 4.25M | 3.49M | 5.41M |
| SG&A % of Revenue | 34.55% | 62.38% | 110.28% | - |
| Research & Development | 1.36M | 904K | 873.97K | 930.87K |
| R&D % of Revenue | 8.49% | 13.26% | 27.63% | - |
| Other Operating Expenses | -938.29K | 203.27K | -331.3K | -331.3K |
| Operating Income | -9.71M▲ 0% | -8.21M▲ 15.4% | -7.94M▲ 3.2% | -11.63M▲ 0% |
| Operating Margin % | -60.71% | -120.48% | -251.2% | -329.68% |
| Operating Income Growth % | - | 15.4% | 3.24% | - |
| EBITDA | -4.25M | -4.27M | -4.95M | -7.87M |
| EBITDA Margin % | -26.59% | -62.63% | -156.56% | -223.05% |
| EBITDA Growth % | - | -0.42% | -16.01% | - |
| D&A (Non-Cash Add-back) | 5.46M | 3.94M | 2.99M | 3.76M |
| EBIT | -9.79M | -9.24M | -7.34M | -11.03M |
| Net Interest Income | -491.16K | -506.9K | -82.47K | -236.59K |
| Interest Income | 68.86K | 20.1K | 18.66K | 18.66K |
| Interest Expense | 560.02K | 527K | 101.13K | 267.36K |
| Other Income/Expense | -647.41K | -1.56M | 498.65K | 424.07K |
| Pretax Income | -10.35M▲ 0% | -9.77M▲ 5.7% | -7.45M▲ 23.8% | -11.21M▲ 0% |
| Pretax Margin % | -64.76% | -143.29% | -235.43% | -317.66% |
| Income Tax | 0 | 2.21K | 0 | 0 |
| Effective Tax Rate % | 0% | -0.02% | 0% | 0% |
| Net Income | -10.35M▲ 0% | -9.77M▲ 5.7% | -7.45M▲ 23.8% | -11.21M▲ 0% |
| Net Margin % | -64.76% | -143.32% | -235.43% | -317.66% |
| Net Income Growth % | - | 5.65% | 23.77% | - |
| Net Income (Continuing) | -10.35M | -9.77M | -7.45M | -11.21M |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.21▲ 0% | -0.20▲ 4.8% | -0.32▼ 60.0% | -0.48▲ 0% |
| EPS Growth % | - | 4.76% | -60% | - |
| EPS (Basic) | -0.21 | -0.20 | -0.32 | - |
| Diluted Shares Outstanding | 50.05M | 50.05M | 23.38M | 23.38M |
| Basic Shares Outstanding | 50.05M | 50.05M | 23.38M | 23.38M |
| Dividend Payout Ratio | - | - | - | - |
ELPW Balance Sheet
Elong Power Holding Limited (ELPW) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | TTM |
|---|---|---|---|---|
| Total Current Assets | 12.6M | 10.09M | 5.69M | 6.13M |
| Cash & Short-Term Investments | 30.56K | 918.36K | 756 | 1.02M |
| Cash Only | 30.56K | 918.36K | 756 | 1.01M |
| Short-Term Investments | 0 | 0 | 0 | 8.22K |
| Accounts Receivable | 4.97M | 4.19M | 2.11M | 768.51K |
| Days Sales Outstanding | 113.55 | 224.28 | 243.23 | 156.89 |
| Inventory | 5.69M | 3.82M | 2.81M | 2M |
| Days Inventory Outstanding | 105.21 | 144.21 | 145.12 | 107.48 |
| Other Current Assets | 1.32M | 247.2K | 543.67K | 2.33M |
| Total Non-Current Assets | 40.93M | 34.46M | 31.82M | 29.93M |
| Property, Plant & Equipment | 36.47M | 31.78M | 29.74M | 28.01M |
| Fixed Asset Turnover | 0.44x | 0.21x | 0.11x | 0.12x |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 180.62K | 177.94K | 158.33K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4.28M | 2.5M | 1.92M | 7.64M |
| Total Assets | 53.53M▲ 0% | 44.55M▼ 16.8% | 37.5M▼ 15.8% | 36.06M▲ 0% |
| Asset Turnover | 0.30x | 0.15x | 0.08x | 0.09x |
| Asset Growth % | - | -16.78% | -15.81% | -11.7% |
| Total Current Liabilities | 25.25M | 17.04M | 14.97M | 19.93M |
| Accounts Payable | 6.42M | 3.16M | 1.79M | 3.65M |
| Days Payables Outstanding | 118.63 | 119.24 | 92.08 | 115.8 |
| Short-Term Debt | 9.83M | 2.31M | 2.2M | 2.8M |
| Deferred Revenue (Current) | 1.49M | 5.63M | 3.89M | 8.68M |
| Other Current Liabilities | 2.18M | 2.32M | 2.07M | 8.93M |
| Current Ratio | 0.50x | 0.59x | 0.38x | 0.38x |
| Quick Ratio | 0.27x | 0.37x | 0.19x | 0.19x |
| Cash Conversion Cycle | 100.13 | 249.25 | 296.27 | 148.56 |
| Total Non-Current Liabilities | 25.3M | 32.43M | 21.55M | 18.91M |
| Long-Term Debt | 0 | 0 | 246.48K | 0 |
| Capital Lease Obligations | 21.85M | 21.53M | 20.39M | 77.59M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.45M | 10.9M | 916.59K | 15.25M |
| Total Liabilities | 50.55M | 49.47M | 36.52M | 38.84M |
| Total Debt | 32.06M | 23.86M | 24.57M | 25.03M |
| Net Debt | 32.03M | 22.94M | 24.57M | 24.02M |
| Debt / Equity | 10.75x | - | 25.11x | 25.11x |
| Debt / EBITDA | - | - | - | -3.18x |
| Net Debt / EBITDA | - | - | - | -3.05x |
| Interest Coverage | -17.33x | -15.58x | -78.56x | -41.27x |
| Total Equity | 2.98M▲ 0% | -4.92M▼ 265.0% | 978.34K▲ 119.9% | -2.78M▲ 0% |
| Equity Growth % | - | -265.04% | 119.88% | 65.64% |
| Book Value per Share | 0.06 | -0.10 | 0.04 | -0.12 |
| Total Shareholders' Equity | 2.98M | -4.92M | 978.34K | -2.78M |
| Common Stock | 233 | 233 | 233 | 233 |
| Retained Earnings | -21.05M | -30.81M | -38.79M | -41.85M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 872.28K | 1.34M | 1.27M | 561.62K |
| Minority Interest | 0 | 0 | 0 | 0 |
ELPW Cash Flow Statement
Elong Power Holding Limited (ELPW) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | TTM |
|---|---|---|---|---|
| Cash from Operations | -4.72M | -4.6M | -5.69M | -5.69M |
| Operating CF Margin % | -29.51% | -67.52% | -180.01% | - |
| Operating CF Growth % | - | 2.45% | -23.71% | 99.89% |
| Net Income | -10.35M | -9.77M | -7.45M | -11.21M |
| Depreciation & Amortization | 5.46M | 3.94M | 2.99M | 4.54M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.27M | 2.18M | -74.11K | 2.12M |
| Working Capital Changes | -1.09M | -956.8K | -1.17M | -1.81M |
| Change in Receivables | 7.55M | -613.51K | 1.73M | 2M |
| Change in Inventory | 781.48K | 2.7M | 1.26M | 886.92K |
| Change in Payables | 0 | 0 | 0 | 0 |
| Cash from Investing | -815.71K | -1.07M | -548.93K | -739.86K |
| Capital Expenditures | -815.71K | -1.15M | -548.93K | -548.93K |
| CapEx % of Revenue | 5.1% | 16.93% | 17.36% | - |
| Acquisitions | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - |
| Other Investing | 0 | 83.25K | 0 | -190.93K |
| Cash from Financing | 3.27M | 4.22M | 6.37M | 7.77M |
| Debt Issued (Net) | 1.71M | -6.92M | 2.13M | 2.13M |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 9.74M | 0 | 1.4M |
| Net Change in Cash | -2.55M▲ 0% | -185.63K▲ 92.7% | -856.97K▼ 361.7% | 309.9K▲ 0% |
| Free Cash Flow | -5.53M▲ 0% | -5.76M▼ 4.0% | -6.24M▼ 8.4% | -7.57M▲ 0% |
| FCF Margin % | -34.61% | -84.45% | -197.36% | -214.51% |
| FCF Growth % | - | -4.02% | -8.45% | - |
| FCF per Share | -0.11 | -0.12 | -0.27 | -0.27 |
| FCF Conversion (FCF/Net Income) | 0.46x | 0.47x | 0.76x | 0.68x |
| Interest Paid | 380.1K | 453.21K | 60.49K | 91.25K |
| Taxes Paid | 0 | 0 | 2.15K | 2.15K |
ELPW Key Ratios
Elong Power Holding Limited (ELPW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | TTM |
|---|---|---|---|
| Return on Equity (ROE) | - | -761.09% | 353.76% |
| Return on Invested Capital (ROIC) | -23.23% | -27.35% | -27.35% |
| Gross Margin | -41.85% | -123.75% | -159.28% |
| Net Margin | -143.32% | -235.43% | -317.66% |
| Debt / Equity | - | 25.11x | 25.11x |
| Interest Coverage | -15.58x | -78.56x | -41.27x |
| FCF Conversion | 0.47x | 0.76x | 0.68x |
| Revenue Growth | -57.37% | -53.6% | - |
ELPW Frequently Asked Questions
Elong Power Holding Limited (ELPW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Elong Power Holding Limited (ELPW) reported $3.5M in revenue for fiscal year 2023. This represents a 78% decrease from $16.0M in 2021.
Elong Power Holding Limited (ELPW) saw revenue decline by 53.6% over the past year.
Elong Power Holding Limited (ELPW) reported a net loss of $11.2M for fiscal year 2023.
Dividend & Returns
Elong Power Holding Limited (ELPW) has a return on equity (ROE) of -761.1%. Negative ROE indicates the company is unprofitable.
Elong Power Holding Limited (ELPW) had negative free cash flow of $7.6M in fiscal year 2023, likely due to heavy capital investments.
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Elong Power Holding Limited (ELPW) financial analysis — history, returns, DCA and operating performance tools
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