E-power Inc. key statistics and ratios

In fiscal 2025, E-power Inc. had a net margin of -35.8%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

E-power Inc.: financial ratios, annual
Fiscal year	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net margin	55.2%	54.4%	52.1%	−113.4%	−59.4%	−53.8%	−18.1%	−35.8%
Return on equity	70.1%	64.0%	44.9%	−19.1%	−54.9%	−154.7%	—	—
Return on assets	—	36.1%	36.2%	−17.1%	−27.3%	−21.3%	−8.9%	−11.1%
Effective tax rate	13.1%	14.5%	—	—	—	—	—	—
R&D as % of revenue	4.9%	4.4%	2.9%	29.0%	2.8%	2.6%	3.9%	4.2%
SG&A as % of revenue	12.9%	16.2%	16.8%	105.7%	33.3%	—	—	—

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

1 of 5 checks passed · December 31, 2025

What it owns · $156m

Short-term assets $72mLonger-term assets $84m

What it owes, and who funded it · $141m

Short-term liabilities $101mLonger-term liabilities $40mShareholders' equity $-12m

Short-term assets cover short-term liabilities $72m of assets due within a year against $101m of liabilities due within a year.
Short-term assets cover long-term liabilities $72m short-term assets against $40m of longer-dated liabilities.
More cash than debt $22m of cash against $69m of debt.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt −$25m of operating cash flow against $69m of debt.
Operating profit covers interest at least five times over Operating income of −$16m against $1m of interest.

From E-power Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from E-power Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to E-power Inc.