Chijet Motor Company Financials
This page shows Chijet Motor Company (CJET) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Chijet Motor Company has an operating margin of -828.3%, meaning the company retains $-828 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -935.6% the prior year.
Chijet Motor Company's revenue declined 27.1% year-over-year, from $9.5M to $6.9M. This contraction results in a growth score of 0/100.
Chijet Motor Company's current ratio of 0.11 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
While Chijet Motor Company generated -$25.5M in operating cash flow, capex of $1.1M consumed most of it, leaving -$26.6M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Chijet Motor Company passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Chijet Motor Company generates $0.54 in operating cash flow (-$25.5M OCF vs -$46.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Chijet Motor Company earns $-3.5 in operating income for every $1 of interest expense (-$57.3M vs $16.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Chijet Motor Company generated $6.9M in revenue in fiscal year 2024. This represents a decrease of 27.1% from the prior year.
Chijet Motor Company's EBITDA was -$34.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 36.9% from the prior year.
Chijet Motor Company generated -$26.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 41.5% from the prior year.
Chijet Motor Company reported -$46.9M in net income in fiscal year 2024. This represents an increase of 31.1% from the prior year.
Chijet Motor Company earned $-8.66 per diluted share (EPS) in fiscal year 2024. This represents an increase of 32.9% from the prior year.
Chijet Motor Company held $3.7M in cash against $0 in long-term debt as of fiscal year 2024.
Chijet Motor Company had 5M shares outstanding in fiscal year 2024. This represents a decrease of 97.0% from the prior year.
Chijet Motor Company's gross margin was -359.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 13.5 percentage points from the prior year.
Chijet Motor Company's operating margin was -828.3% in fiscal year 2024, reflecting core business profitability. This is up 107.3 percentage points from the prior year.
Chijet Motor Company's net profit margin was -678.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 40.1 percentage points from the prior year.
Chijet Motor Company invested $1.5M in research and development in fiscal year 2024. This represents a decrease of 82.4% from the prior year.
Chijet Motor Company invested $1.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 79.6% from the prior year.
CJET Income Statement
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A |
CJET Balance Sheet
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Total Assets | $490.9M+4.3% | $470.8M-12.2% | $536.5M-17.9% | $653.6M |
| Current Assets | $113.3M+81.4% | $62.4M-31.3% | $90.8M-43.5% | $160.6M |
| Cash & Equivalents | $352K-90.5% | $3.7M-65.5% | $10.7M-71.7% | $37.9M |
| Inventory | $10.0M-10.0% | $11.1M-24.6% | $14.8M-38.2% | $23.9M |
| Accounts Receivable | N/A | N/A | N/A | N/A |
| Goodwill | $2.7M+1.9% | $2.6M-2.7% | $2.7M-2.8% | $2.8M |
| Total Liabilities | $657.2M+6.6% | $616.3M+0.2% | $615.3M-3.5% | $637.5M |
| Current Liabilities | $584.1M+1.9% | $573.3M+9.2% | $525.1M+6.5% | $493.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A |
| Total Equity | -$179.6M-0.2% | -$179.3M-35.0% | -$132.8M-93.7% | -$68.6M |
| Retained Earnings | -$401.2M-11.1% | -$361.1M-14.9% | -$314.2M-27.7% | -$246.1M |
CJET Cash Flow Statement
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
CJET Financial Ratios
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A |
| Current Ratio | 0.19+0.1 | 0.11-0.1 | 0.17-0.2 | 0.33 |
| Debt-to-Equity | -3.66-0.2 | -3.44+1.2 | -4.63+4.7 | -9.30 |
| FCF Margin | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$179.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.11), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Chijet Motor Company's annual revenue?
Chijet Motor Company (CJET) reported $6.9M in total revenue for fiscal year 2024. This represents a -27.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Chijet Motor Company's revenue growing?
Chijet Motor Company (CJET) revenue declined by 27.1% year-over-year, from $9.5M to $6.9M in fiscal year 2024.
Is Chijet Motor Company profitable?
No, Chijet Motor Company (CJET) reported a net income of -$46.9M in fiscal year 2024, with a net profit margin of -678.2%.
What is Chijet Motor Company's earnings per share (EPS)?
Chijet Motor Company (CJET) reported diluted earnings per share of $-8.66 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Chijet Motor Company's EBITDA?
Chijet Motor Company (CJET) had EBITDA of -$34.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Chijet Motor Company's gross margin?
Chijet Motor Company (CJET) had a gross margin of -359.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Chijet Motor Company's operating margin?
Chijet Motor Company (CJET) had an operating margin of -828.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Chijet Motor Company's net profit margin?
Chijet Motor Company (CJET) had a net profit margin of -678.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Chijet Motor Company's free cash flow?
Chijet Motor Company (CJET) generated -$26.6M in free cash flow during fiscal year 2024. This represents a 41.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Chijet Motor Company's operating cash flow?
Chijet Motor Company (CJET) generated -$25.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Chijet Motor Company's total assets?
Chijet Motor Company (CJET) had $470.8M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Chijet Motor Company's capital expenditures?
Chijet Motor Company (CJET) invested $1.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Chijet Motor Company spend on research and development?
Chijet Motor Company (CJET) invested $1.5M in research and development during fiscal year 2024.
How many shares does Chijet Motor Company have outstanding?
Chijet Motor Company (CJET) had 5M shares outstanding as of fiscal year 2024.
What is Chijet Motor Company's current ratio?
Chijet Motor Company (CJET) had a current ratio of 0.11 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Chijet Motor Company's debt-to-equity ratio?
Chijet Motor Company (CJET) had a debt-to-equity ratio of -3.44 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Chijet Motor Company's return on assets (ROA)?
Chijet Motor Company (CJET) had a return on assets of -10.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Chijet Motor Company's cash runway?
Based on fiscal year 2024 data, Chijet Motor Company (CJET) had $3.7M in cash against an annual operating cash burn of $25.5M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Chijet Motor Company's debt-to-equity ratio negative or unusual?
Chijet Motor Company (CJET) has negative shareholder equity of -$179.3M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Chijet Motor Company's Piotroski F-Score?
Chijet Motor Company (CJET) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Chijet Motor Company's earnings high quality?
Chijet Motor Company (CJET) has an earnings quality ratio of 0.54x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Chijet Motor Company cover its interest payments?
Chijet Motor Company (CJET) has an interest coverage ratio of -3.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Chijet Motor Company?
Chijet Motor Company (CJET) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.