Company Overview
Elong Power Holding Limited operates within the Industrials sector, specifically focusing on the Electrical Equipment & Parts industry, where it engages in the research, development, production, and market application of high-power lithium-ion battery packs, cells, and components designed for electric vehicles and construction machinery. The company also provides lithium-ion battery solutions for energy storage systems, positioning itself at the intersection of renewable energy infrastructure and heavy machinery electrification. With a market capitalization of $2.92M, the firm currently employs 38 individuals to support its operations. The combination of a market cap under $3 million and annual revenue of $235,004 indicates that Elong Power Holding Limited is a micro-cap entity with a very limited operational footprint relative to the broader capital markets. This scale suggests the company is in an early-stage or niche development phase, where revenue generation is minimal compared to the valuation multiple applied by the market, reflecting high risk and potential for significant volatility.
Financial Health
The company reported revenue of $235,004 over the trailing twelve months, yet posted a net income of -$28,983,598 and an EBITDA of -$16,697,568, revealing a severe disconnect between top-line sales and profitability. The massive gap between the $235,004 in revenue and the nearly $29 million in net losses indicates an extreme cost structure where operating expenses and losses vastly outweigh all income generated. Free cash flow stands at -$6,612,685, which demonstrates that the company is burning cash rapidly and lacks the financial flexibility to fund operations without external capital injections. Gross margin is recorded at 0.0%, while operating margin is -1138.8% and profit margin is 0.0%, figures that collectively illustrate that the company is incurring losses that are disproportionately large relative to its sales volume. On the balance sheet, the firm holds $7.20M in cash against $32.78M in debt, creating a situation where liabilities significantly exceed liquid assets. The debt-to-equity ratio is listed as N/A, further complicating the assessment of leverage, while a current ratio of 0.46 signals that the company's short-term assets are insufficient to cover its short-term liabilities without refinancing or asset sales. Return on Equity is N/A due to the negative equity position, and Return on Assets is -35.1%, indicating that management is generating negative returns on the total assets employed by the business.
Valuation Assessment
The trailing P/E ratio and forward P/E are both listed as N/A, which implies that traditional earnings-based valuation metrics cannot be applied given the substantial net losses and the absence of positive earnings expectations. The price-to-book ratio is -0.01, a figure that indicates the market is pricing the company at a value that is effectively negligible or negative relative to its book equity, reflecting the depth of the accumulated losses. The price-to-sales ratio stands at 12.42, while the EV/EBITDA is -1.54, suggesting that the market is valuing the company primarily on revenue potential despite the negative enterprise value multiple derived from losses. The 52-week high is $10,336.00 and the 52-week low is $2.05, meaning the current trading price sits extremely close to the bottom of this range and is trading at a negligible percentage below the 52-week high. The beta value is -2.11, which is a highly anomalous metric that suggests the stock's price volatility moves in the exact opposite direction of the broader market with an intensity roughly double that of a standard high-volatility stock.
Growth & Income
Revenue growth year-over-year is -41.5%, while earnings growth is N/A due to the persistent losses, indicating that the company is contracting in terms of sales while failing to generate any positive earnings trajectory. As a non-dividend payer with a dividend yield of N/A and a payout ratio of 0.0%, the company does not distribute cash to shareholders but instead retains any minimal cash flow to attempt to fund its operations and reduce its debt burden. The overall growth and income profile is characterized by significant negative revenue momentum and a complete absence of income generation or dividend distribution, resulting in a highly speculative investment profile driven entirely by future operational turnaround potential rather than current financial performance or shareholder returns.