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PEV

PEV - Phoenix Motor Inc. Stock Price, Fair Value and News

0.41USD-0.15 (-26.79%)Market Closed

Market Summary

PEV
USD0.41-0.15
Market Closed
-26.79%

PEV Stock Price

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PEV RSI Chart

PEV Valuation

Market Cap

14.2M

Price/Earnings (Trailing)

-0.69

Price/Sales (Trailing)

4.56

EV/EBITDA

-0.52

Price/Free Cashflow

-3.8

PEV Price/Sales (Trailing)

PEV Profitability

Operating Margin

-8.84%

EBT Margin

-660.57%

Return on Equity

426.64%

Return on Assets

-177.42%

Free Cashflow Yield

-26.33%

PEV Fundamentals

PEV Revenue

Revenue (TTM)

3.1M

Rev. Growth (Yr)

-29.58%

Rev. Growth (Qtr)

-75.13%

PEV Earnings

Earnings (TTM)

-20.6M

Earnings Growth (Yr)

-164.55%

Earnings Growth (Qtr)

-341.87%

Breaking Down PEV Revenue

Last 7 days

-32.8%

Last 30 days

-45.3%

Last 90 days

-70.9%

How does PEV drawdown profile look like?

PEV Financial Health

Current Ratio

0.55

Debt/Equity

-0.03

Debt/Cashflow

-25.36

PEV Investor Care

Shares Dilution (1Y)

63.75%

Diluted EPS (TTM)

-0.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20235.4M5.1M5.0M3.1M
20223.2M4.1M3.9M4.3M
20210002.9M
20200000

Tracking the Latest Insider Buys and Sells of Phoenix Motor Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Sep 26, 2023
edisonfuture, inc.
sold
-12,240,000
1.02
-12,000,000
-
Dec 14, 2022
wang wenbing
acquired
4,560
1.52
3,000
chief financial officer
Dec 13, 2022
wang wenbing
acquired
1,630
1.63
1,000
chief financial officer
Sep 30, 2022
wang wenbing
acquired
-
-
150,000
chief financial officer
Sep 30, 2022
peng xiaofeng
acquired
-
-
150,000
see remarks
Sep 30, 2022
zhou liang lance
acquired
-
-
175,000
chief executive officer

1–6 of 6

Which funds bought or sold PEV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
-%
Feb 26, 2024
Virtu Financial LLC
reduced
-6.6
-2,000
21,000
-%
Feb 14, 2024
CITADEL ADVISORS LLC
new
-
35,342
35,342
-%
Feb 14, 2024
LMR Partners LLP
new
-
295,573
295,573
-%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
new
-
17.00
17.00
-%
Feb 13, 2024
RENAISSANCE TECHNOLOGIES LLC
new
-
37,000
37,000
-%
Feb 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
added
51.63
13,230
41,980
-%
Feb 13, 2024
Tower Research Capital LLC (TRC)
reduced
-34.74
-4,186
6,997
-%
Feb 12, 2024
JPMORGAN CHASE & CO
sold off
-100
-4.00
-
-%
Feb 09, 2024
WELLS FARGO & COMPANY/MN
added
4.00
-
27.00
-%

1–10 of 11

Are Funds Buying or Selling PEV?

Are funds buying PEV calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PEV
No. of Funds

Unveiling Phoenix Motor Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
ya ii pn, ltd.
9.99%
2,363,141
SC 13G/A
Oct 16, 2023
palo alto clean tech holding ltd
56.36%
1.2e+07
SC 13D

Recent SEC filings of Phoenix Motor Inc.

View All Filings
Date Filed Form Type Document
May 01, 2024
8-K
Current Report
Apr 26, 2024
8-K
Current Report
Apr 18, 2024
8-K
Current Report
Apr 18, 2024
8-K
Current Report
Apr 17, 2024
8-K/A
Current Report
Apr 16, 2024
8-K
Current Report
Apr 16, 2024
8-K
Current Report
Apr 15, 2024
10-K
Annual Report
Apr 10, 2024
8-K/A
Current Report
Apr 08, 2024
8-K
Current Report

Peers (Alternatives to Phoenix Motor Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
574.4B
94.7B
8.08% 12.13%
42.19
6.06
10.12% 15.85%
50.9B
174.9B
-0.53% 37.47%
4.76
0.29
8.79% 14.11%
49.7B
177.5B
-5.87% 6.02%
12.65
0.28
7.54% 33.01%
21.2B
20.1B
0.82% -22.09%
7.07
1.05
11.06% 348.88%
10.7B
26.5B
-18.83% -3.74%
22.34
0.4
-10.61% -1.15%
MID-CAP
8.1B
14.4B
2.65% -23.25%
13.23
0.56
5.28% -36.11%
6.5B
3.1B
-8.24% 57.40%
9.73
2.12
8.82% 17.48%
4.2B
15.4B
-7.89% 8.70%
7.4
0.27
2.10% -39.62%
3.5B
20.1B
-8.05% 13.00%
-5.09
0.17
-3.55% -440.59%
2.8B
15.4B
-4.15% -11.89%
12.95
0.18
7.09% 494.44%
SMALL-CAP
1.1B
1.2B
-8.26% 78.00%
18.03
0.91
33.91% 215.64%
858.1M
6.1B
1.95% 5.32%
-25.54
0.14
4.78% -152.26%
104.4M
576.4M
-2.81% -25.11%
2.77
0.18
8.84% 77.79%
50.4M
13.1M
-23.81% -85.96%
-0.41
3.85
160.69% -5.67%
5.8M
498.9K
-29.52% 138.78%
-0.17
11.71
-83.32% -48.94%

Phoenix Motor Inc. News

Latest updates
Defense World • 26 Apr 2024 • 09:18 am
TradingPedia • 19 Apr 2024 • 07:00 am
Markets Insider • 15 Apr 2024 • 07:00 am
Investing.com • 13 Mar 2024 • 07:00 am

Phoenix Motor Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22020Q42020Q4
Revenue-100.0%-288,0001,158,0001,781,0001,751,000409,0001,499,000671,0001,345,000554,000653,000377,000-
Cost Of Revenue-5.1%278,000293,0001,219,0001,608,0001,497,000288,0001,174,000551,0001,675,000603,000812,000479,000-
Gross Profit-7560.0%-383,000-5,000-61,000173,000254,000121,000325,000120,000-330,000-49,000-159,000-102,000-
  S&GA Expenses114.3%5,425,0002,531,0003,100,0003,846,0004,810,0003,847,0002,290,0003,023,0007,939,0002,117,0002,142,0001,147,000-
EBITDA Margin-179.2%-6.80-2.44-2.52-2.14-2.57-3.85-3.27-4.22-4.30----
Interest Expenses-317.1%-488,000-117,000-2,0001,000-1,000-2,000-2,000-2,0001,500-4,0001,000-4,000-
Income Taxes---22,000--5,000-12,0002,0008,000-1,0002,000-
Earnings Before Taxes-341.9%-11,979,000-2,711,000-3,155,000-2,778,000-4,533,000-3,930,000-1,913,000-2,320,000-8,561,500-2,169,000-2,300,000-1,241,000-
EBT Margin-149.5%-6.61-2.65-2.82-2.42-2.93-4.26-3.68-4.76-4.87----
Net Income-341.9%-11,979,000-2,711,000-3,177,000-2,778,000-4,528,000-3,930,000-1,925,000-2,322,000-8,238,000-2,169,000-2,301,000-1,243,000-
Net Income Margin-149.5%-6.61-2.65-2.83-2.42-2.93-4.18-3.60-4.66-4.99----
Free Cashflow-300.4%-1,041,000-260,000-1,287,000-1,157,000-1,185,000-6,583,000-------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42020Q4
Assets-26.0%11,63615,72817,99718,98420,44320,51924,57020,00315,43629,227
  Current Assets38.6%6,0164,3405,7096,5727,72111,98816,551-6,63719,249
    Cash Equivalents1665.1%3,2831863821331391,3177,76466.002,68315,699
  Inventory-11.9%1,7962,0382,1903,5224,5605,6823,796-2,2251,545
  Net PPE-50.1%1,1192,2432,7752,3062,4921,9421,484-2,2052,766
  Goodwill0%4,2714,2714,2714,2714,2714,2714,271-4,2714,271
Liabilities54.2%16,47510,68310,2978,2178,1613,9385,0295,1195,2084,437
  Current Liabilities62.6%10,8816,6936,1755,0424,7893,7904,864-4,4524,254
  Long Term Debt-1.4%144146143144147148165-756183
    LT Debt, Current-28.6%5.007.003.003.003.0025.0010.00-10.0022.00
    LT Debt, Non Current-100.0%-146143144147148165-756183
Shareholder's Equity-195.9%-4,8395,0457,70010,76712,28216,58119,5417,96910,22824,790
  Retained Earnings-32.2%-49,207-37,228-34,517-31,340-28,562-24,034-20,104--15,857-1,243
  Additional Paid-In Capital5.0%44,35942,26542,20942,09940,83640,60739,637-26,08526,033
Shares Outstanding2.9%21,90121,29221,29221,18220,27718,39117,74117,50017,50017,500
Float---15,756---9,954---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22020Q42020Q4
Cashflow From Operations-28.5%-1,110-864-592-1,086-623-5,869-5,682-2,692-3,327-3,393-4,785-1,434-
  Share Based Compensation-100.0%-56.0037.0010999.0083252.0063.00-4.00---
Cashflow From Investing-88.6%69.00604-695-71.00-562-714--42.00-222-378-80.00-
Cashflow From Financing5975.0%3,88864.001,5361,1517.0013613,36575.00-8.00-9.00-16,40716,985-
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PEV Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS  
Net revenues (including revenue from a related party of $111 and $168 for the years ended December 31, 2023 and 2022, respectively)$ 3,122$ 4,330
Cost of revenues3,3983,510
Gross (loss) profit(276)820
Operating expenses:  
Selling, general and administrative14,90213,970
Provision for credit loss360 
Impairment of long-lived assets4,968 
Operating loss(20,506)(13,150)
Other income (expense):  
Interest expense, net(606)(7)
Loss on sales-type leases(98)0
Change in fair value of derivative liability(319)0
Employee retention credit697196
Others209265
Total other (expense) income, net(117)454
Loss before income taxes(20,623)(12,696)
Income tax provision(22)(9)
Net loss$ (20,645)$ (12,705)
Net loss per share of common stock:  
Basic$ (0.97)$ (0.65)
Diluted$ (0.97)$ (0.65)
Weighted average common stocks outstanding - Basic21,199,02319,664,273
Weighted average common stocks outstanding - Diluted21,199,02319,664,273

PEV Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 31$ 139
Restricted cash, current3,252 
Accounts receivable, net4511,510
Inventories1,7964,560
Prepaid expenses and other current assets, net3561,344
Amount due from a related party130168
Total current assets6,0167,721
Restricted cash, noncurrent 250
Property and equipment, net1,1192,492
Security deposits 208
Operating lease right-of-use assets 3,797
Net investment in leases230 
Intangible assets, net 1,704
Goodwill4,2714,271
Total assets11,63620,443
Current liabilities:  
Accounts payable3,5291,359
Accrued liabilities926650
Advance from customers, current1671,230
Deferred income362503
Warranty reserve289325
Lease liabilities - current portion1,303$ 719
Amounts due to a related party$ 863 
Other Liability, Current, Related Party, Type [Extensible Enumeration]us-gaap:RelatedPartyMemberus-gaap:RelatedPartyMember
Short-term borrowing$ 961 
Derivative liability1,156$ 0
Convertible note - current portion1,320 
Long-term borrowing, current portion53
Total current liabilities10,8814,789
Lease liabilities - noncurrent portion2,6963,225
Advance from customers, noncurrent2,214 
Convertible notes, noncurrent portion540 
Long-term borrowings144147
Total liabilities16,4758,161
Commitments and contingencies (Note 18)
Equity:  
Common stock, par $0.0004, 450,000,000 shares authorized, 21,900,918 and 20,277,046 shares issued and outstanding as of December 31, 2023 and 2022, respectively[1]98
Additional paid-in capital44,35940,836
Accumulated deficit(49,207)(28,562)
Total stockholders' (deficit)/ equity(4,839)12,282
Total liabilities and stockholders' (deficit)/ equity$ 11,636$ 20,443
[1]The shares are presented on a retrospective basis to reflect the Company’s amendment of authorized stock, stock split and reverse stock split (Note 13)
PEV
Phoenix Motor Inc. designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States and internationally. It provides chargers, electric forklifts, shuttle buses, Type A school buses, utility and service trucks, flatbed and cargo trucks, and walk-in vans. The company offers its products under the Phoenix Motorcars and EdisonFuture brand names. It serves medium-duty fleet customers, including utilities, cities, municipalities, transit agencies, airports, hotels, seaports, school districts, parking companies, universities, and corporate campuses. The company was founded in 2003 and is headquartered in Anaheim, California.
 CEO
 WEBSITEphoenixmotorcars.com
 INDUSTRYAutos
 EMPLOYEES60

Phoenix Motor Inc. Frequently Asked Questions


What is the ticker symbol for Phoenix Motor Inc.? What does PEV stand for in stocks?

PEV is the stock ticker symbol of Phoenix Motor Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Phoenix Motor Inc. (PEV)?

As of Thu May 02 2024, market cap of Phoenix Motor Inc. is 14.22 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PEV stock?

You can check PEV's fair value in chart for subscribers.

What is the fair value of PEV stock?

You can check PEV's fair value in chart for subscribers. The fair value of Phoenix Motor Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Phoenix Motor Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PEV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Phoenix Motor Inc. a good stock to buy?

The fair value guage provides a quick view whether PEV is over valued or under valued. Whether Phoenix Motor Inc. is cheap or expensive depends on the assumptions which impact Phoenix Motor Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PEV.

What is Phoenix Motor Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, PEV's PE ratio (Price to Earnings) is -0.69 and Price to Sales (PS) ratio is 4.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PEV PE ratio will change depending on the future growth rate expectations of investors.