EZGO Technologies Financials

EZGO Stock  USD 0.95  0.07  7.95%   
Based on the key indicators related to EZGO Technologies' liquidity, profitability, solvency, and operating efficiency, EZGO Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, EZGO Technologies' Non Currrent Assets Other are very stable compared to the past year. As of the 22nd of November 2024, Cash And Short Term Investments is likely to grow to about 21.7 M, while Other Current Liabilities is likely to drop about 1.9 M. Key indicators impacting EZGO Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.170.11
Way Up
Slightly volatile
Current Ratio2.184.31
Way Down
Slightly volatile
Investors should never underestimate EZGO Technologies' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor EZGO Technologies' cash flow, debt, and profitability to make informed and accurate decisions about investing in EZGO Technologies.

Net Income

(5.8 Million)

  
Understanding current and past EZGO Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EZGO Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in EZGO Technologies' assets may result in an increase in income on the income statement.

EZGO Technologies Stock Summary

EZGO Technologies competes with Vision Marine, Marine Products, Thor Industries, BRP, and Brunswick. EZGO Technologies Ltd., through its subsidiaries, engages in the design, manufacture, rental, and sale of e-bicycles and e-tricycles in the Peoples Republic of China. EZGO Technologies Ltd. was founded in 2014 and is headquartered in Changzhou, China. Ezgo Technologies operates under Recreational Vehicles classification in the United States and is traded on NASDAQ Exchange. It employs 115 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINVGG5279F1027
CUSIPG5279F102 G5279F110
LocationChina
Business AddressBuilding A, Floor
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.ezgotech.com.cn
Phone86 519 8368 3805
CurrencyUSD - US Dollar

EZGO Technologies Key Financial Ratios

EZGO Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets19.8M42.0M47.5M81.9M94.2M98.9M
Other Current Liab1.5M1.5M2.1M2.6M3.0M1.9M
Net Debt(3.0K)(4.5M)(1.6M)(11.2M)(10.0M)(9.5M)
Retained Earnings1.6M(1.4M)(7.9M)(14.8M)(13.3M)(12.6M)
Accounts Payable639.4K651.7K866.0K898.7K1.0M687.5K
Cash322.6K4.8M4.4M17.3M19.8M20.8M
Net Receivables8.1M6.9M17.0M3.8M4.4M8.4M
Inventory867.8K924.3K380.9K19.5M22.4M23.5M
Other Current Assets4.8M15.6M14.6M11.7M13.5M8.6M
Total Liab6.7M9.5M14.0M15.4M17.7M10.9M
Net Invested Capital9.2M28.8M33.4M69.4M79.9M83.9M
Total Current Assets16.3M27.7M33.2M52.9M60.8M63.9M
Net Working Capital9.6M18.2M19.2M41.9M48.1M50.5M
Short Term Debt319.6K310.4K2.8M1.7M1.5M2.0M
Short Long Term Debt319.6K310.4K2.8M1.7M1.5M1.5M

EZGO Technologies Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision97.1K(419.4K)527.1K(62.4K)(56.2K)(53.4K)
Net Interest Income(20.9K)(60.8K)(40.1K)109.5K126.0K132.3K
Interest Expense18.9K14.8K60.8K40.1K36.0K31.7K
Total Revenue16.8M23.4M17.4M15.9M18.3M15.0M
Gross Profit1.8M382.5K219.0K1.1M1.0M1.1M
Operating Income(124.0K)(3.9M)(6.5M)(4.8M)(4.3M)(4.1M)
Ebit72.0K(3.8M)(6.8M)(4.8M)(4.3M)(4.1M)
Ebitda157.6K(3.4M)(6.0M)(3.6M)(3.2M)(3.1M)
Cost Of Revenue15.1M23.0M17.2M14.8M17.0M13.5M
Income Before Tax374.1K(3.8M)(6.9M)(7.3M)(6.6M)(6.3M)
Net Income276.9K(3.4M)(7.4M)(6.8M)(6.1M)(5.8M)
Income Tax Expense97.1K(419.4K)527.1K(62.4K)(56.2K)(53.4K)
Minority Interest4.3M435.0K1.0M475.2K427.7K406.3K

EZGO Technologies Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory1.6M(124.8K)327.3K(511.9K)(460.7K)(437.7K)
Change In Cash(3.3M)5.5M(1.5M)12.8M14.8M15.5M
Free Cash Flow1.7M(17.5M)(12.1M)(14.1M)(12.7M)(12.1M)
Depreciation1.0M469.8K1.0M1.2M1.4M956.7K
Other Non Cash Items(498.9K)744.7K1.6M3.1M3.6M3.8M
Capital Expenditures2.3M11.2M1.8M5.0M5.7M4.3M
Net Income276.9K(3.4M)(7.4M)(7.3M)(6.5M)(6.2M)
End Period Cash Flow340.5K5.9M4.4M17.3M19.8M20.8M

EZGO Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining EZGO Technologies's current stock value. Our valuation model uses many indicators to compare EZGO Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EZGO Technologies competition to find correlations between indicators driving EZGO Technologies's intrinsic value. More Info.
EZGO Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, EZGO Technologies' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EZGO Technologies' earnings, one of the primary drivers of an investment's value.

EZGO Technologies Systematic Risk

EZGO Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EZGO Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on EZGO Technologies correlated with the market. If Beta is less than 0 EZGO Technologies generally moves in the opposite direction as compared to the market. If EZGO Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EZGO Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EZGO Technologies is generally in the same direction as the market. If Beta > 1 EZGO Technologies moves generally in the same direction as, but more than the movement of the benchmark.

EZGO Technologies Thematic Clasifications

EZGO Technologies is part of Consumer Goods investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Consumer Goods industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Consumer GoodsView
This theme covers USA Equities from Consumer Goods industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in EZGO Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EZGO Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of EZGO Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.37

At this time, EZGO Technologies' Price Earnings To Growth Ratio is very stable compared to the past year.

EZGO Technologies November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of EZGO Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EZGO Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of EZGO Technologies based on widely used predictive technical indicators. In general, we focus on analyzing EZGO Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EZGO Technologies's daily price indicators and compare them against related drivers.
When determining whether EZGO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EZGO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ezgo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ezgo Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EZGO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in EZGO Stock, please use our How to Invest in EZGO Technologies guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EZGO Technologies. If investors know EZGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EZGO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.771
Earnings Share
(63.06)
Revenue Per Share
9.401
Quarterly Revenue Growth
0.661
Return On Assets
(0.05)
The market value of EZGO Technologies is measured differently than its book value, which is the value of EZGO that is recorded on the company's balance sheet. Investors also form their own opinion of EZGO Technologies' value that differs from its market value or its book value, called intrinsic value, which is EZGO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EZGO Technologies' market value can be influenced by many factors that don't directly affect EZGO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EZGO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if EZGO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EZGO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.