ECX Chart
About

ECARX Holdings Inc. develops full-stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology of smart mobility in China and internationally. The company offers system on a chip, central computing platforms, operating systems, and software. Its core products include infotainment head units, autonomous driving control units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack. It has entered into a strategic partnership agreement with Black Sesame Technologies. ECARX Holdings Inc. was founded in 2017 and is based in Shanghai, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Parts Market Cap 538.69M
Enterprise Value 831.91M Income -66.00M Sales 847.90M
Book/sh -0.83 Cash/sh 0.35 Dividend Yield —
Payout 0.00% Employees 1400 IPO —
P/E — Forward P/E 7.09 PEG —
P/S 0.64 P/B -1.82 P/C —
EV/EBITDA -24.83 EV/Sales 0.98 Quick Ratio 0.46
Current Ratio 0.59 Debt/Eq — LT Debt/Eq —
EPS (ttm) -0.38 EPS next Y 0.21 EPS Growth —
Revenue Growth 9.80% Earnings 2026-04-30 ROA -5.69%
ROE — ROIC — Gross Margin 19.02%
Oper. Margin 2.33% Profit Margin -7.78% Shs Outstand 310.79M
Shs Float 87.14M Short Float 2.68% Short Ratio 1.08
Short Interest — 52W High 3.25 52W Low 0.76
Beta 0.75 Avg Volume 3.58M Volume 1.50M
Target Price $3.68 Recom Strong_buy Prev Close $1.55
Price $1.51 Change -2.58%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.68
Mean price target
2. Current target
$1.51
Latest analyst target
3. DCF / Fair value
$3.68
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$1.51
Low
$2.80
High
$5.00
Mean
$3.68

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-02-11 init UBS — → Buy $3
2023-06-20 reit Cantor Fitzgerald Overweight → Overweight $10
2023-05-22 init Cantor Fitzgerald — → Overweight $10
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.003.38M0.00
TaxRateForCalcs0.000.000.250.25
NormalizedEBITDA-83.46M-111.99M-218.92M-152.67M
TotalUnusualItems-7.54M-3.01M13.54M-82.41M
TotalUnusualItemsExcludingGoodwill-7.54M-3.01M13.54M-82.41M
NetIncomeFromContinuingOperationNetMinorityInterest-127.71M-132.68M-226.71M-184.18M
ReconciledDepreciation26.07M17.58M16.89M10.22M
ReconciledCostOfRevenue603.70M483.45M372.23M307.81M
EBITDA-91.00M-115.00M-205.38M-152.67M
EBIT-117.07M-132.58M-222.27M-162.90M
NetInterestIncome-15.29M-6.89M-4.45M-18.50M
InterestExpense18.32M11.19M6.46M20.64M
InterestIncome3.04M4.30M2.00M2.14M
NormalizedIncome-120.17M-129.66M-236.87M-184.18M
NetIncomeFromContinuingAndDiscontinuedOperation-127.71M-132.68M-226.71M-184.18M
TotalExpenses879.96M791.54M746.70M592.94M
TotalOperatingIncomeAsReported-120.85M-129.47M-236.00M-156.91M
DilutedAverageShares336.64M337.41M239.30M337.40M
BasicAverageShares336.64M337.41M239.30M337.40M
DilutedEPS-0.38-0.39-1.15-0.66
BasicEPS-0.38-0.39-1.15-0.66
DilutedNIAvailtoComStockholders-127.71M-132.68M-278.25M-222.59M
NetIncomeCommonStockholders-127.71M-132.68M-278.25M-222.59M
OtherunderPreferredStockDividend0.000.0051.54M38.42M
NetIncome-127.71M-132.68M-226.71M-184.18M
MinorityInterests7.88M10.58M6.23M439.75K
NetIncomeIncludingNoncontrollingInterests-135.60M-143.26M-232.94M-184.62M
NetIncomeContinuousOperations-135.60M-143.26M-232.94M-184.62M
TaxProvision203.01K-513.92K4.21M1.08M
PretaxIncome-135.39M-143.77M-228.73M-183.54M
OtherIncomeExpense-1.95M-8.34M6.14M-8.09M
OtherNonOperatingIncomeExpenses63.56K751.49K3.03M-7.48M
SpecialIncomeCharges0.000.0010.43M10.58M
GainOnSaleOfBusiness0.000.0010.43M10.58M
EarningsFromEquityInterest5.52M-6.08M-10.43M-610.44K
GainOnSaleOfSecurity-7.54M-3.01M3.11M-92.98M
NetNonOperatingInterestIncomeExpense-15.29M-6.89M-4.45M-18.50M
InterestExpenseNonOperating18.32M11.19M6.46M20.64M
InterestIncomeNonOperating3.04M4.30M2.00M2.14M
OperatingIncome-118.15M-128.55M-230.42M-156.95M
OperatingExpense276.26M308.09M374.47M285.13M
OtherOperatingExpenses-2.76M-1.67M-8.61M-4.51M
ResearchAndDevelopment172.56M178.36M193.18M189.76M
SellingGeneralAndAdministration106.46M131.40M189.90M95.37M
SellingAndMarketingExpense12.55M82.83M
GeneralAndAdministrativeExpense171.06M506.87M
OtherGandA171.06M506.87M
GrossProfit158.11M179.54M144.06M128.18M
CostOfRevenue603.70M483.45M372.23M307.81M
TotalRevenue761.81M662.99M516.28M435.99M
OperatingRevenue761.81M662.99M516.28M435.99M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber340.13M337.95M337.40M337.40M
ShareIssued340.13M337.95M337.40M337.40M
NetDebt225.83M154.32M89.55M28.45M
TotalDebt292.46M255.11M228.74M166.19M
TangibleBookValue-287.00M-154.89M-34.97M-648.56M
InvestedCapital29.17M105.39M185.80M-477.51M
WorkingCapital-314.23M-130.34M-10.74M-88.80M
NetTangibleAssets-287.00M-154.89M-34.97M-648.56M
CapitalLeaseObligations22.24M20.13M14.48M0.00
CommonStockEquity-241.05M-129.59M-28.47M-643.70M
TotalCapitalization-241.05M-65.30M35.29M-643.70M
TotalEquityGrossMinorityInterest-239.02M-117.32M-4.99M-639.81M
MinorityInterest2.02M12.27M23.47M3.89M
StockholdersEquity-241.05M-129.59M-28.47M-643.70M
GainsLossesNotAffectingRetainedEarnings-49.79M-48.61M-55.93M948.84K
OtherEquityAdjustments-49.79M-48.61M-55.93M948.84K
TreasuryStock1.02M0.000.000.00
RetainedEarnings-1.04B-941.04M-830.55M-644.65M
AdditionalPaidInCapital851.26M860.07M858.01M0.00
CapitalStock1.51K1.41K1.45K1.10K
CommonStock1.51K1.41K1.45K1.10K
TotalLiabilitiesNetMinorityInterest755.61M724.95M690.72M1.26B
TotalNonCurrentLiabilitiesNetMinorityInterest53.53M125.08M121.47M787.92M
OtherNonCurrentLiabilities13.42M13.16M30.72M2.56M
PreferredSecuritiesOutsideStockEquity0.00711.14M
DerivativeProductLiabilities1.20M725.25K2.40M0.00
NonCurrentDeferredLiabilities7.20M18.90M40.90M74.22M
NonCurrentDeferredRevenue5.12M18.90M40.90M74.22M
NonCurrentDeferredTaxesLiabilities2.08M0.00
LongTermDebtAndCapitalLeaseObligation16.63M79.47M73.72M0.00
LongTermCapitalLeaseObligation16.63M15.18M9.97M0.00
LongTermDebt64.29M63.76M
LongTermProvisions15.08M12.82M4.45M
CurrentLiabilities702.08M599.87M569.25M474.21M
OtherCurrentLiabilities6.91M5.91M8.90M6.32M
CurrentDeferredLiabilities21.48M29.29M46.58M57.42M
CurrentDeferredRevenue21.48M29.29M46.58M57.42M
CurrentDebtAndCapitalLeaseObligation275.82M175.65M155.02M166.19M
CurrentCapitalLeaseObligation5.61M4.95M4.51M0.00
CurrentDebt270.22M170.69M150.51M166.19M
OtherCurrentBorrowings64.47M
LineOfCredit186.30M169.29M126.10M146.22M
CurrentNotesPayable19.45M1.40M24.41M19.97M
PayablesAndAccruedExpenses397.86M389.02M358.75M244.29M
CurrentAccruedExpenses7.53M7.76M19.82M0.00
Payables390.33M381.26M338.93M244.29M
OtherPayable54.85M58.71M70.13M59.56M
DuetoRelatedPartiesCurrent24.37M5.03M6.21M59.13M
TotalTaxPayable19.33M16.55M18.07M6.13M
IncomeTaxPayable2.79M2.23M3.13M0.00
AccountsPayable291.79M300.98M244.51M119.47M
TotalAssets516.59M607.63M685.73M622.32M
TotalNonCurrentAssets128.74M138.10M127.22M236.91M
OtherNonCurrentAssets40.48M35.63M34.75M3.43M
DuefromRelatedPartiesNonCurrent213.69M1.93M
NonCurrentAccountsReceivable213.69M1.93M
InvestmentsAndAdvances2.17M42.46M51.29M212.43M
InvestmentinFinancialAssets728.21K6.85M10.05M106.03M
AvailableForSaleSecurities728.21K6.85M10.05M106.03M
LongTermEquityInvestment1.44M35.61M41.24M106.40M
GoodwillAndOtherIntangibleAssets45.96M25.30M6.50M4.87M
OtherIntangibleAssets42.43M25.30M6.50M4.87M
Goodwill3.52M0.00
NetPPE40.13M34.70M34.68M16.18M
AccumulatedDepreciation-30.86M-22.00M-15.05M-18.15M
GrossPPE70.99M56.70M49.73M34.33M
Leases7.48M6.31M6.30M6.14M
ConstructionInProgress2.02M1.12M48.12K940.37K
OtherProperties18.17M17.66M14.44M
MachineryFurnitureEquipment43.31M31.61M28.94M27.25M
Properties0.000.000.000.00
CurrentAssets387.85M469.53M558.51M385.41M
OtherCurrentAssets11.59M5.19M3.08M2.23M
CurrentDeferredAssets0.00897.22K
RestrictedCash5.95M4.76M9.56M20.95M
PrepaidAssets22.98M42.66M30.56M28.26M
Inventory32.05M22.68M26.46M35.04M
FinishedGoods5.18M8.31M16.52M16.13M
WorkInProcess2.54M1.55M434.68K422.02K
RawMaterials24.32M12.82M9.50M18.49M
Receivables253.02M294.13M364.13M160.29M
OtherReceivables27.39M14.72M27.95M
DuefromRelatedPartiesCurrent4.84M10.46M132.15M6.48M
NotesReceivable2.30M6.78M22.34M4.26M
AccountsReceivable218.48M262.18M181.69M149.56M
AllowanceForDoubtfulAccountsReceivable-3.49M-1.96M-998.22K0.00
GrossAccountsReceivable221.97M264.15M182.69M149.56M
CashCashEquivalentsAndShortTermInvestments62.27M100.11M124.72M137.74M
OtherShortTermInvestments17.88M19.45M0.00
CashAndCashEquivalents44.39M80.66M124.72M137.74M
CashFinancial44.39M80.66M124.72M137.74M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-74.65M-182.71M-89.66M-155.79M
RepurchaseOfCapitalStock-3.00M0.000.000.00
RepaymentOfDebt-259.74M-207.38M-294.52M-201.04M
IssuanceOfDebt301.23M253.93M361.96M155.65M
IssuanceOfCapitalStock0.000.0023.12M505.52M
CapitalExpenditure-15.70M-8.77M-22.80M-13.45M
InterestPaidSupplementalData15.36M9.01M4.19M4.55M
IncomeTaxPaidSupplementalData1.75M280.03K0.001.97M
EndCashPosition50.34M84.49M130.66M155.18M
BeginningCashPosition82.04M127.17M143.37M157.49M
EffectOfExchangeRateChanges-395.75K5.85M4.19M-5.02M
ChangesInCash-31.31M-48.53M-16.90M2.71M
FinancingCashFlow35.84M41.87M95.34M333.03M
CashFlowFromContinuingFinancingActivities35.84M41.87M95.34M333.03M
NetOtherFinancingCharges-2.65M-4.68M4.78M-127.09M
NetPreferredStockIssuance0.000.0023.12M505.52M
PreferredStockPayments0.000.00
PreferredStockIssuance0.000.0023.12M505.52M
NetCommonStockIssuance-3.00M0.000.00
CommonStockPayments-3.00M0.000.00
NetIssuancePaymentsOfDebt41.49M46.55M67.44M-45.39M
NetShortTermDebtIssuance20.94M46.55M-8.99M134.29M
ShortTermDebtPayments-198.24M-165.05M-193.06M-14.28M
ShortTermDebtIssuance219.18M211.61M184.08M148.57M
NetLongTermDebtIssuance20.55M0.0076.43M-179.68M
LongTermDebtPayments-61.51M-42.32M-101.46M-186.77M
LongTermDebtIssuance82.05M42.32M177.88M7.08M
InvestingCashFlow-8.21M83.53M-45.37M-187.98M
CashFlowFromContinuingInvestingActivities-8.21M83.53M-45.37M-187.98M
NetOtherInvestingChanges945.19K-8.17M6.51M
NetInvestmentPurchaseAndSale-5.19M-19.74M-11.51M-179.73M
SaleOfInvestment42.47M3.39M0.000.00
PurchaseOfInvestment-47.66M-23.13M-11.51M-179.73M
NetBusinessPurchaseAndSale11.53M111.74M-3.14M-1.31M
SaleOfBusiness19.28M111.74M144.94K0.00
PurchaseOfBusiness-7.75M0.00-3.28M-1.31M
NetPPEPurchaseAndSale-15.49M-8.47M-22.55M-13.45M
SaleOfPPE216.30K304.43K251.04K0.00
PurchaseOfPPE-15.70M-8.77M-22.80M-13.45M
OperatingCashFlow-58.94M-173.93M-66.87M-142.34M
CashFlowFromContinuingOperatingActivities-58.94M-173.93M-66.87M-142.34M
ChangeInWorkingCapital30.60M-85.21M43.36M-34.82M
ChangeInOtherWorkingCapital-17.68M-28.46M-32.05M56.14M
ChangeInOtherCurrentLiabilities-4.09M-3.04M-5.07M0.00
ChangeInPayablesAndAccruedExpense-752.04K18.00M170.34M-23.60M
ChangeInAccruedExpense-14.29M-14.58M29.69M29.54M
ChangeInPayable13.54M32.58M140.65M-53.14M
ChangeInAccountPayable-3.48M55.94M134.14M-31.29M
ChangeInPrepaidAssets20.28M-2.73M-27.49M-24.69M
ChangeInInventory-9.97M1.57M774.14K-16.56M
ChangeInReceivables42.82M-70.55M-63.14M-26.12M
ChangesInAccountReceivables38.55M-86.41M-44.52M-22.17M
OtherNonCashItems393.42K403.89K15.68M
StockBasedCompensation18.76M24.55M105.18M28.23M
UnrealizedGainLossOnInvestmentSecurities6.03M3.17M2.44M0.00
ProvisionandWriteOffofAssets1.90M876.76K717.75K509.09K
AssetImpairmentCharge1.14M2.95M5.13M7.76M
DeferredTax-2.50M-16.08K0.00
DeferredIncomeTax-2.50M-16.08K0.00
DepreciationAmortizationDepletion26.07M17.58M16.89M10.22M
DepreciationAndAmortization26.07M17.58M16.89M10.22M
Depreciation26.07M17.58M16.89M10.22M
OperatingGainsLosses-5.75M5.02M-7.64M14.70M
EarningsLossesFromEquityInvestments-5.52M6.08M10.43M610.44K
GainLossOnInvestmentSecurities469.99K-1.65M-8.19M17.46M
NetForeignCurrencyExchangeGainLoss-629.03K354.80K269.16K-1.96M
GainLossOnSaleOfPPE-63.70K247.02K281.04K245.05K
GainLossOnSaleOfBusiness0.000.00-10.43M-1.66M
NetIncomeFromContinuingOperations-135.60M-143.26M-232.94M-184.62M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ECX
Date User Asset Broker Type Position Size Entry Price Patterns