ECARX Holdings, Inc. (ECX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Total Current Assets | 483.07M | 397.06M | 386M | 3.27B | 2.83B | 2.84B | 405.51M | 2.73B | 3.29B | 3.34B | 3.1B | 2.75B | 3.85B | 282.67K | 1.64B | 724.69K | 795.74K | 2.59B | 1.66M | 1.95M |
| Cash & Short-Term Investments | 118.27M | 69.89M | 119.6M | 971.1M | 454.56M | 769.2M | 127.39M | 532.2M | 699.02M | 708.1M | 850.4M | 949.5M | 860.47M | 2.44K | 583.75M | 2.44K | 7.18K | 966.13M | 400.23K | 492.01K |
| Cash Only | 87.08M | 44.3M | 86.2M | 839.6M | 324.04M | 645M | 108.41M | 358.4M | 561.15M | 635.1M | 850.4M | 949.5M | 860.47M | 2.44K | 583.15M | 2.44K | 7.18K | 966.13M | 400.23K | 492.01K |
| Short-Term Investments | 31.19M | 25.6M | 33.4M | 131.5M | 130.53M | 124.2M | 18.98M | 173.8M | 137.88M | 73M | 0 | 0 | 0 | 0 | 604K | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 206.25M | 196.78M | 187M | 1.42B | 1.61B | 1.42B | 197.78M | 1.6B | 1.91B | 1.49B | 1.31B | 1.06B | 1.43B | 732.04M | 559.37M | 0 | 1.09B | 1.09B | 0 | 0 |
| Days Sales Outstanding | 60.84 | 571.6 | 3.39K | 812.51 | 70.81 | 53.49 | 65.05 | 172.25 | 83.42 | 118.19 | 113.54 | 146.85 | 65.16 | 82.53 | 77.35 | - | 118.49 | 118.49 | - | - |
| Inventory | 62.28M | 71.39M | 35M | 281.1M | 233.94M | 237.2M | 24.38M | 192.3M | 160.78M | 230.9M | 186.2M | 120.8M | 182.57M | 198.03M | 183.47M | 0 | 223.32M | 223.32M | 0 | 0 |
| Days Inventory Outstanding | 25.52 | 202.24 | 745.86 | 172.11 | 13.98 | 10.46 | 10.21 | 22.23 | 12.54 | 25.28 | 21.36 | 24.59 | 15.94 | 30.15 | 45.25 | - | 35.01 | 35.01 | - | - |
| Other Current Assets | 96.27M | 58.99M | 44.4M | 600.1M | 531.07M | 414.8M | 55.96M | 409.9M | 214.89M | 294.1M | 753.1M | 619.7M | 1.38B | 280.23K | 146.43M | 722.25K | 788.56K | 304.12M | 1.26M | 1.46M |
| Total Non-Current Assets | 179.25M | 110.29M | 109.2M | 967M | 939.8M | 963.7M | 149.53M | 1.12B | 978.9M | 841.4M | 901.6M | 939M | 877.7M | 301.93M | 1.69B | 300.16M | 300.13M | 1.32B | 300M | 300M |
| Property, Plant & Equipment | 43.49M | 40.7M | 42.7M | 290M | 292.95M | 310.6M | 36.34M | 235.6M | 245.99M | 235.9M | 251.7M | 191.5M | 239.26M | 201.56M | 202.35M | 0 | 109.78M | 109.78M | 0 | 0 |
| Fixed Asset Turnover | 7.24x | 0.74x | 0.13x | 0.58x | 6.53x | 8.02x | 9.25x | 3.85x | 7.78x | 4.47x | 4.29x | 3.55x | 6.93x | 3.56x | 3.25x | - | 7.72x | 7.72x | - | - |
| Goodwill | 3.7M | 3.6M | 3.6M | 25.7M | 25.73M | 25.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 40.39M | 39.2M | 40.7M | 308.4M | 309.78M | 288.3M | 40.46M | 304.2M | 179.34M | 38.4M | 38.8M | 31M | 44.86M | 27.39M | 29.97M | 0 | 31.12M | 31.12M | 0 | 0 |
| Long-Term Investments | 61.48M | 2.2M | 2M | 16.4M | 15.84M | 37.7M | 30.34M | 268.7M | 300.99M | 318.6M | 363.6M | 474.9M | 353.86M | 301.93M | 1.23B | 300.16M | 300.05M | 1.15B | 300M | 300M |
| Other Non-Current Assets | 30.19M | 24.6M | 20.2M | 326.5M | 295.51M | 301.4M | 42.4M | 306.9M | 252.59M | 248.5M | 247.5M | 241.6M | 239.72M | 240.48M | 227.64M | 0 | 75.62K | 21.83M | 0 | 0 |
| Total Assets | 662.32M | 507.35M | 495.2M | 4.24B | 3.77B | 3.8B | 555.04M | 3.85B | 4.27B | 4.18B | 4B | 3.69B | 4.73B | 302.22M | 3.32B | 300.89M | 300.93M | 3.91B | 301.67M | 301.95M |
| Asset Turnover | 0.52x | 0.06x | 0.01x | 0.04x | 0.52x | 0.64x | 0.57x | 0.23x | 0.44x | 0.27x | 0.25x | 0.18x | 0.61x | 0.40x | 0.36x | 2.18x | 0.40x | 0.40x | 1.80x | 1.80x |
| Asset Growth % | -82.44% | -86.66% | -10.78% | 10.17% | -11.63% | -9.01% | -86.13% | 4.23% | -9.79% | 1283.55% | 20.52% | 1127.4% | 1472.16% | -92.27% | 1000.71% | -0.35% | - | - | - | - |
| Total Current Liabilities | 822.78M | 738.53M | 733.2M | 5.48B | 5.13B | 4.59B | 626.36M | 4.09B | 4.22B | 3.93B | 3.52B | 3.22B | 3.93B | 4.53M | 2.68B | 1.08M | 524.69K | 2.75B | 4.44K | 12.07K |
| Accounts Payable | 316.52M | 268.67M | 218M | 1.72B | 2.27B | 1.75B | 262.12M | 1.75B | 2.1B | 1.45B | 1.24B | 943.6M | 1.86B | 919.41M | 787.48M | 0 | 888.8M | 888.8M | 0 | 0 |
| Days Payables Outstanding | 111.7 | 925.1 | 4.58K | 1.34K | 119.41 | 80.51 | 94.95 | 242.42 | 113.61 | 163.11 | 151.85 | 226.86 | 116.19 | 134.89 | 194.2 | - | 139.33 | 139.33 | - | - |
| Short-Term Debt | 349.41M | 345.67M | 372.3M | 2.62B | 1.83B | 1.75B | 225.38M | 1.2B | 1.21B | 1.2B | 986.4M | 1.05B | 870M | 953.5K | 546.98M | 643.7K | 17.38K | 932M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 12.1M | 16M | 175.9M | 0 | 161.6M | 28.13M | 222.7M | 207.64M | 0 | 392.4M | 341M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 62.98M | 32M | 7.33M | 0 | 725.11M | 0 | 110.17M | 120.3M | 41.92M | 775.9M | 117.7M | 121.4M | 821.7M | 3.58M | 1.15B | 434.75K | 507.31K | 663.79M | 4.44K | 12.07K |
| Current Ratio | 0.59x | 0.54x | 0.53x | 0.60x | 0.55x | 0.62x | 0.65x | 0.67x | 0.78x | 0.85x | 0.88x | 0.86x | 0.98x | 0.06x | 0.61x | 0.67x | 1.52x | 0.94x | 375.20x | 161.79x |
| Quick Ratio | 0.51x | 0.44x | 0.48x | 0.55x | 0.51x | 0.57x | 0.61x | 0.62x | 0.74x | 0.79x | 0.83x | 0.82x | 0.93x | -43.64x | 0.54x | 0.67x | -424.10x | 0.86x | 375.20x | 161.79x |
| Cash Conversion Cycle | -25.34 | -151.26 | -446.83 | -350.88 | -34.62 | -16.57 | -19.69 | -47.94 | -17.65 | -19.65 | -16.95 | -55.42 | -35.09 | -22.21 | -71.61 | - | 14.17 | 14.17 | - | - |
| Total Non-Current Liabilities | 122.87M | 62.09M | 57.2M | 423.8M | 390.8M | 918M | 122.67M | 898.5M | 886.62M | 833.6M | 824.1M | 802.8M | 838.05M | 11.26M | 462.08M | 14.8M | 22.25M | 489.36M | 31.79M | 38.66M |
| Long-Term Debt | 65.88M | 0 | 0 | 0 | 0 | 452.1M | 64.35M | 464M | 455.7M | 467.8M | 464.3M | 439.1M | 439.87M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 15.7M | 20.3M | 16.4M | 117.2M | 121.42M | 131.8M | 15.7M | 104.1M | 107.61M | 102.2M | 108.3M | 61.8M | 68.77M | 61.18M | 68.48M | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 1.9M | 15.6M | 0 | 31.8M | 4.5M | 31.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 41.29M | 41.8M | 37.6M | 268M | 269.38M | 246.6M | 27.28M | 193.8M | 323.32M | 263.6M | 47.5M | 58.2M | 329.41M | 11.26M | 393.61M | 14.8M | 22.25M | 489.36M | 31.79M | 38.66M |
| Total Liabilities | 945.65M | 800.62M | 790.4M | 5.91B | 5.52B | 5.5B | 749.03M | 4.99B | 5.1B | 4.76B | 4.35B | 4.02B | 4.77B | 15.79M | 3.14B | 15.88M | 22.77M | 3.24B | 31.79M | 38.67M |
| Total Debt | 435.98M | 370.97M | 394.2M | 2.78B | 1.99B | 2.37B | 305.43M | 1.8B | 1.81B | 1.79B | 1.59B | 1.58B | 1.41B | 953.5K | 647.36M | 643.7K | 17.38K | 932M | 0 | 0 |
| Net Debt | 348.91M | 326.67M | 308M | 1.94B | 1.67B | 1.73B | 197.02M | 1.45B | 1.25B | 1.16B | 738.8M | 627.5M | 549.27M | 951.06K | 64.21M | 641.26K | 10.2K | -34.13M | -400.23K | -492.01K |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00x | 3.59x | 0.00x | 0.00x | 1.40x | - | - |
| Debt / EBITDA | 36.33x | 366.84x | - | - | 253.33x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 29.08x | 323.04x | - | - | 212.14x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 0.72x | 0.89x | -7.46x | -5.22x | 0.13x | -1.59x | -11.73x | -13.22x | -14.40x | -13.23x | -8.44x | -11.11x | -28.64x | -19.58x | -34.80x | -33.69x | - | - | - | - |
| Total Equity | -283.32M | -293.27M | -295.2M | -1.67B | -1.74B | -1.7B | -193.99M | -1.14B | -834.46M | -580M | -344.6M | -325.6M | -34.46M | 286.43M | 180.42M | 285.01M | 278.15M | 663.36M | 269.88M | 263.28M |
| Equity Growth % | 83.76% | 82.75% | -52.18% | -45.69% | -109.1% | -193.14% | 43.71% | -251.17% | -2321.81% | -302.49% | -291% | -214.24% | -112.39% | -56.82% | -33.15% | 8.25% | - | - | - | - |
| Book Value per Share | -0.82 | -0.86 | -0.86 | -5.01 | -5.23 | -5.09 | -0.57 | -3.38 | -2.47 | -1.72 | -1.02 | -0.97 | -0.14 | 7.64 | 4.81 | 7.60 | 7.42 | 17.69 | 7.20 | 7.02 |
| Total Shareholders' Equity | -282.52M | -292.17M | -296.3M | -1.67B | -1.76B | -1.72B | -198.5M | -1.2B | -921.41M | -694.9M | -475.8M | -325.6M | -196.4M | 286.43M | 180.42M | 285.01M | 278.15M | 435.58M | 269.88M | 263.28M |
| Common Stock | 0 | 0 | 0 | 0 | 11K | 0 | 1K | 0 | 10K | 0 | 0 | 0 | 10K | 301.93M | 7K | 300M | 300M | 7K | 264.88M | 258.28M |
| Retained Earnings | -1.19B | -1.19B | -1.19B | -7.79B | -7.6B | -7.57B | -996.43M | -6.96B | -6.67B | -6.38B | -6.11B | -5.91B | -5.73B | -15.5M | -4.74B | -14.99M | -21.85M | -4.1B | 3.32M | -3.28M |
| Treasury Stock | -29.99M | -30M | -30M | -68.9M | -7.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -20.19M | -14.1M | -17.1M | -355.7M | -363.5M | -353.1M | -49.27M | -362.2M | -344.73M | -360.5M | -336.9M | -387.5M | -385.89M | -483.13M | -208.27M | -4.1B | 6.05M | 6.05M | 0 | -2.08B |
| Minority Interest | -799.79K | -1.1M | 1.1M | 6M | 14.77M | 18M | 4.52M | 55.1M | 86.95M | 114.9M | 131.2M | 0 | 161.94M | 0 | 0 | 0 | 227.78M | 227.78M | 0 | 0 |