Latest Ratios: P/E Ratio -15.4x · EV/EBITDA N/A · ROE -4.2%. (2021–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Market Cap | $3M | — | — | — | — |
| Enterprise Value | $6M | — | — | — | — |
| P/E Ratio → | -15.35 | — | — | — | — |
| P/S Ratio | — | — | — | — | — |
| P/B Ratio | 0.65 | — | — | — | — |
| P/FCF | — | — | — | — | — |
| P/OCF | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — |
| EV / FCF | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Gross Margin | — | — | 8.8% | -81.6% | -133.6% |
| Operating Margin | — | — | -96.1% | -1534.2% | -1889.5% |
| Net Profit Margin | — | — | -125.4% | -2195.2% | -2004.2% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| ROE | -4.2% | -4.2% | — | — | — |
| ROA | -2.1% | -2.1% | -81.0% | -127.9% | -83.7% |
| ROIC | — | — | — | — | — |
| ROCE | -108.3% | -108.3% | — | -281.0% | -147.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Debt / Equity | 0.56 | 0.56 | — | — | — |
| Debt / EBITDA | — | — | — | — | — |
| Net Debt / Equity | — | 0.56 | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — |
| Interest Coverage | — | — | -15.88 | -44.35 | -85.87 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Current Ratio | 0.00 | 0.00 | 0.67 | 0.83 | 1.38 |
| Quick Ratio | 0.00 | 0.00 | 0.54 | 0.41 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.16 | 0.02 | 0.02 |
| Asset Turnover | — | — | 0.58 | 0.05 | 0.04 |
| Inventory Turnover | 3.34 | — | 3.34 | 0.26 | 0.27 |
| Days Sales Outstanding | — | — | 122.17 | 300.47 | 416.10 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 100.0% | — | — | — | — |
| Total Shareholder Yield | 100.0% | — | — | — | — |
| Shares Outstanding | — | $7M | $73M | $73M | $73M |
Imminent liquidity exhaustion
Based on reported figures, SCAG's P/B ratio of 0.65 suggests the market is pricing the equity at a significant discount to book value, reflecting deep skepticism regarding the company's ability to generate future economic returns from its remaining asset base in the competitive Chinese NEV market.
The negative P/E of -15.35 confirms that the company lacks the earnings power to justify traditional valuation metrics, leaving investors to rely on asset-based assessments that may be overly optimistic. This valuation appears to ignore the potential for further asset impairments, which could render the current P/B ratio misleadingly attractive.
As reported in financial statements, the company's ROIC has remained consistently negative, reaching -2.2% in 2024Q4, which indicates that the firm is currently destroying shareholder value rather than compounding it through its heavy-duty vehicle development initiatives.
The inability to achieve positive returns on invested capital suggests that the company's R&D and operational expenditures are not translating into a viable commercial product. This trend warrants further investigation into whether the firm can ever reach the scale necessary to achieve positive unit economics.
According to recent SEC filings, SCAG's current ratio of 0.00 and quick ratio of 0.00 highlight an extreme liquidity crisis, suggesting the company lacks the necessary working capital to meet its immediate financial obligations or sustain its ongoing research and development activities.
The near-zero liquidity position is a severe red flag that implies the company is effectively insolvent without immediate external financing. Investors should monitor for any signs of emergency capital raises, which would likely result in significant dilution for existing shareholders.
Based on the latest balance sheet data, the company's debt-to-equity ratio of 0.56 indicates a reliance on leverage that appears increasingly unsustainable given the rapid erosion of the firm's equity base and the total absence of operational cash flow to service existing debt obligations.
The presence of debt on a balance sheet with negligible cash reserves suggests that the company may be facing significant pressure from creditors. This leverage profile appears highly risky, as the firm lacks the operational flexibility to manage its debt service requirements in a tightening credit environment.
The P/B ratio is the most commonly misapplied metric for SCAG, as it obscures the reality that the company's book value may be comprised of intangible assets or impaired inventory that hold little to no liquidation value in a distressed scenario.
Investors should instead focus on the cash burn rate and the runway provided by remaining liquid assets, as these metrics provide a more accurate picture of the company's survival prospects. Relying on book value in a pre-revenue, cash-burning industrial firm often leads to a fundamental misunderstanding of the actual risk of total equity loss.
Includes 30+ ratios · 4 years · Updated daily
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Quick answers to the most common questions about buying SCAG stock.
Scage Future American Depositary Shares's current P/E ratio is -15.4x. This places it at the 50th percentile of its historical range.
Scage Future American Depositary Shares's return on equity (ROE) is -4.2%. The historical average is -4.2%.
Based on historical data, Scage Future American Depositary Shares is trading at a P/E of -15.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.