Balance Sheet Lotus Technology Inc.

Equities

LOT

US54572F1012

Auto & Truck Manufacturers

End-of-day quote Nasdaq Other stock markets 15/05/2026			5-day change	1st Jan Change
1.400 ^USD	0.00%		+20.69%	-0.71%

12/05	Lotus Technology Inc. Unveils Focus 2030 and Announces All-New Hybrid-V8 Supercar	CI
12/05	Lotus scales back EV plans, targets 2028 supercar launch	RE

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Published financial data: LOTUS TECHNOLOGY INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	36.87L	95.57L	68Cr	92Cr	52Cr
Total Revenues	36.87L	95.57L	68Cr	92Cr	52Cr
Cost of Goods Sold, Total	31.3L	72.5L	58Cr	89Cr	47Cr
Gross Profit	6L	23.07L	10Cr	2.96Cr	4.52Cr
Selling General & Admin Expenses, Total	9.28Cr	30Cr	47Cr	55Cr	28Cr
R&D Expenses	51Cr	45Cr	37Cr	27Cr	17Cr
Other Operating Expenses	-49Cr	-5.58Cr	-40.77L	-86.38L	-3.85Cr
Other Operating Expenses, Total	11Cr	69Cr	84Cr	82Cr	42Cr
Operating Income	-11Cr	-69Cr	-74Cr	-79Cr	-37Cr
Interest Expense, Total	-36.15L	-85.42L	-1.02Cr	-5.82Cr	-6.33Cr
Interest And Investment Income	84.48L	1.22Cr	92.04L	3.65Cr	3.89Cr
Net Interest Expenses	48.33L	36.46L	-10L	-2.17Cr	-2.45Cr
Income (Loss) On Equity Invest.	-	-27.62L	-10.48L	-2L	19.87L
Currency Exchange Gains (Loss)	8L	-1.15Cr	42T	-1.17Cr	2.57Cr
Other Non Operating Income (Expenses)	-13.67L	-2.3Cr	-1Cr	-29Cr	-2.83Cr
EBT, Excl. Unusual Items	-11Cr	-72Cr	-75Cr	-110.53Cr	-40Cr
Gain (Loss) On Sale Of Investments	-	-32.46L	-11.62L	-	-
Asset Writedown	-	-	-	-	-5.18Cr
EBT, Incl. Unusual Items	-11Cr	-72Cr	-75Cr	-110.53Cr	-45Cr
Income Tax Expense	18.53L	3L	11.13L	20.12L	1.59Cr
Earnings From Continuing Operations	-11Cr	-72Cr	-75Cr	-110.73Cr	-46Cr
Net Income to Company	-11Cr	-72Cr	-75Cr	-110.73Cr	-46Cr
Minority Interest	-	6L	82.54L	23.64L	2T
Net Income - (IS)	-11Cr	-72Cr	-74Cr	-110.49Cr	-46Cr
Preferred Dividend and Other Adjustments	-	-	1.51Cr	29.79L	-
Net Income to Common Incl Extra Items	-11Cr	-72Cr	-76Cr	-110.79Cr	-46Cr
Net Income to Common Excl. Extra Items	-11Cr	-72Cr	-76Cr	-110.79Cr	-46Cr
Per Share Items
Net EPS - Basic	-0.07	-0.34	-1.6	-1.72	-0.72
Basic EPS - Continuing Operations	-0.07	-0.34	-1.6	-1.72	-0.72
Basic Weighted Average Shares Outstanding	150.86Cr	214.83Cr	47Cr	65Cr	65Cr
Net EPS - Diluted	-0.07	-0.34	-1.6	-1.72	-0.72
Diluted EPS - Continuing Operations	-0.07	-0.34	-1.6	-1.72	-0.72
Diluted Weighted Average Shares Outstanding	150.86Cr	214.83Cr	47Cr	65Cr	65Cr
Normalized Basic EPS	-0.05	-0.21	-0.97	-1.07	-0.38
Normalized Diluted EPS	-0.05	-0.21	-0.97	-1.07	-0.38
Payout Ratio	-1.7	-	-	-	-
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	-11Cr	-67Cr	-68Cr	-71Cr	-32Cr
EBITA	-11Cr	-69Cr	-74Cr	-79Cr	-37Cr
EBIT	-11Cr	-69Cr	-74Cr	-79Cr	-37Cr
EBITDAR	-10Cr	-65Cr	-65Cr	-67Cr	-29Cr
Total Revenues (As Reported)	36.87L	95.57L	68Cr	92Cr	52Cr
Effective Tax Rate - (Ratio)	-1.7	-0.04	-0.15	-0.18	-3.56
Current Domestic Taxes	9L	73T	7L	12.87L	-
Current Foreign Taxes	8L	2L	4L	7L	-
Total Current Taxes	16.37L	3L	11.13L	20.12L	1.53Cr
Deferred Foreign Taxes	2L	-	-	-	-
Total Deferred Taxes	2L	-	-	-	7L
Normalized Net Income	-6.79Cr	-45Cr	-46Cr	-69Cr	-25Cr
Interest on Long-Term Debt	-	90T	-	1.37Cr	2.07Cr
Supplemental Operating Expense Items
Advertising Expense	2.12Cr	9.04Cr	15Cr	13Cr	3.72Cr
Selling and Marketing Expenses	3.81Cr	15Cr	33Cr	32Cr	15Cr
General and Administrative Expenses	5.48Cr	15Cr	14Cr	23Cr	14Cr
Research And Development Expense From Footnotes	51Cr	45Cr	37Cr	27Cr	17Cr
Net Rental Expense, Total	74.67L	2.43Cr	3.22Cr	3.52Cr	2.91Cr
Imputed Operating Lease Interest Expense	-	37.92L	33.9L	1.57Cr	97.42L
Imputed Operating Lease Depreciation	-	2.06Cr	2.89Cr	1.95Cr	1.94Cr
Stock-Based Comp., G&A Exp. (Total)	-	1.06Cr	-	3.19Cr	22.74L
Total Stock-Based Compensation	-	1.06Cr	-	3.19Cr	22.74L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	53Cr	74Cr	42Cr	10Cr	7.34Cr
Short Term Investments	10L	37.47L	39.95L	34.17L	27.26L
Total Cash And Short Term Investments	53Cr	74Cr	42Cr	11Cr	7.62Cr
Accounts Receivable, Total	58.8L	85.45L	9.91Cr	22Cr	15Cr
Other Receivables	43Cr	2L	42.71L	2.68Cr	1.05Cr
Notes Receivable	-	23.69L	30.1L	1.9Cr	2.28Cr
Total Receivables	43Cr	1.12Cr	11Cr	27Cr	18Cr
Inventory	19.83L	2.88Cr	29Cr	22Cr	20Cr
Prepaid Expenses	-	-	59T	-	-
Restricted Cash	-	23.92L	78.73L	38Cr	38Cr
Other Current Assets, Total	5.8Cr	4.07Cr	5.99Cr	6.46Cr	7.02Cr
Total Current Assets	102.56Cr	82Cr	88Cr	104.29Cr	91Cr
Gross Property Plant And Equipment	17Cr	43Cr	59Cr	58Cr	50Cr
Accumulated Depreciation	-29.82L	-1.55Cr	-6.63Cr	-12Cr	-16Cr
Net Property Plant And Equipment	17Cr	41Cr	53Cr	46Cr	35Cr
Long-term Investments	-	86.51L	77.92L	97.2L	4.8Cr
Other Intangibles, Total	12Cr	12Cr	12Cr	12Cr	12Cr
Loans Receivable Long-Term	-	-	-	27Cr	35Cr
Other Long-Term Assets, Total	81.87L	1.13Cr	4.91Cr	39Cr	18Cr
Total Assets	131.73Cr	137.2Cr	158.47Cr	228.57Cr	195.27Cr
Liabilities
Accounts Payable, Total	16Cr	18Cr	61Cr	68Cr	72Cr
Accrued Expenses, Total	9.01Cr	21Cr	25Cr	27Cr	18Cr
Short-term Borrowings	16Cr	3.98Cr	25Cr	92Cr	138.99Cr
Current Portion of Long-Term Debt	-	36Cr	38Cr	-	-
Current Portion of Leases	1.03Cr	1.58Cr	1.76Cr	1.51Cr	1.32Cr
Unearned Revenue Current, Total	6T	78.51L	4.42Cr	3.41Cr	1.87Cr
Other Current Liabilities	31Cr	13Cr	21Cr	55Cr	7.47Cr
Total Current Liabilities	73Cr	93Cr	175.73Cr	246.74Cr	239.81Cr
Long-Term Debt	-	15Cr	16Cr	18Cr	38Cr
Long-Term Leases	4.76Cr	9.9Cr	10Cr	7.91Cr	6.07Cr
Unearned Revenue Non Current	34Cr	26Cr	28Cr	30Cr	32Cr
Deferred Tax Liability Non Current	1L	1L	-	-	7L
Other Non Current Liabilities	3L	1.76Cr	12Cr	12Cr	13Cr
Total Liabilities	112.2Cr	145.66Cr	241.18Cr	314.59Cr	328.3Cr
Preferred Stock Convertible	-	37Cr	38Cr	-	-
Total Preferred Equity	-	37Cr	38Cr	-	-
Common Stock, Total	22T	21T	21T	7T	7T
Additional Paid In Capital	42Cr	40Cr	36Cr	178.57Cr	193.4Cr
Retained Earnings	-12Cr	-85Cr	-158.88Cr	-269.37Cr	-315.79Cr
Treasury Stock	-	-	-	-	-14Cr
Comprehensive Income and Other	-11Cr	-87.4L	2.53Cr	5.52Cr	3.98Cr
Total Common Equity	20Cr	-45Cr	-120.53Cr	-85Cr	-132.25Cr
Minority Interest	-	-6L	-54.04L	-73.64L	-77.48L
Total Equity	20Cr	-8.46Cr	-83Cr	-86Cr	-133.02Cr
Total Liabilities And Equity	131.73Cr	137.2Cr	158.47Cr	228.57Cr	195.27Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	216.7Cr	214.29Cr	68Cr	68Cr	64Cr
ECS Total Common Shares Outstanding	216.7Cr	214.29Cr	47Cr	68Cr	64Cr
Book Value / Share	0.09	-0.21	-2.54	-1.26	-2.06
Tangible Book Value	7.92Cr	-57Cr	-132.17Cr	-97Cr	-143.9Cr
Tangible Book Value Per Share	0.04	-0.27	-2.78	-1.43	-2.25
Total Debt	22Cr	66Cr	90Cr	118.79Cr	184.13Cr
Net Debt	-31Cr	-9.03Cr	48Cr	107.91Cr	176.34Cr
Debt Equivalent Oper. Leases	5.97Cr	19Cr	26Cr	28Cr	23Cr
Minority Interest, Total (Incl. Fin. Div)	-	-6L	-54.04L	-73.64L	-77.48L
Equity Method Investments, Total	-	-	-	74.99L	1.06Cr
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	-	-	-	8L	15.06L
Inventories - Work In Process, Total	-	-	-	86T	31T
Inventories - Finished Goods, Total	-	2.27Cr	27Cr	19Cr	12Cr
Buildings, Total	-	-	-	83.54L	2.26Cr
Machinery, Total	1.59Cr	13Cr	19Cr	24Cr	20Cr
Full Time Employees	-	2.91T	3.18T	2T	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	4L	35.55L	8L

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-11Cr	-72Cr	-74Cr	-110.49Cr	-46Cr
Depreciation & Amortization - CF	20.56L	1.28Cr	5.5Cr	7.65Cr	5.47Cr
Depreciation & Amortization, Total	20.56L	1.28Cr	5.5Cr	7.65Cr	5.47Cr
Minority Interest in Earnings - (CF)	13.67L	2.3Cr	75.31L	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	5.18Cr
(Income) Loss On Equity Investments - (CF)	-	27.62L	10.48L	2L	-19.87L
Stock-Based Compensation (CF)	-	1.06Cr	-	3.19Cr	22.74L
Provision and Write-off of Bad Debts	-	-	4L	58.15L	-48.18L
Other Operating Activities, Total	-48Cr	-1.86Cr	2.69Cr	31Cr	1.36Cr
Change In Accounts Receivable	-89T	-29.76L	-8.96Cr	-16Cr	9.55Cr
Change In Inventories	-19.6L	-2.16Cr	-24Cr	6.97Cr	8.12Cr
Change In Accounts Payable	-	75.58L	36Cr	12Cr	4.2Cr
Change in Unearned Revenues	19.34L	62.86L	4.24Cr	-71.5L	-1.89Cr
Change in Other Net Operating Assets	46Cr	35Cr	19Cr	-20Cr	-19Cr
Cash from Operations	-13Cr	-35Cr	-39Cr	-85Cr	-33Cr
Capital Expenditure	-3.46Cr	-13Cr	-21Cr	-5.73Cr	-7.94Cr
Sale of Property, Plant, and Equipment	14T	10.71L	51.17L	65.39L	2.02Cr
Divestitures	-	-	13.79L	67.88L	-4L
Investment in Marketable and Equity Securities, Total	-	-1.42Cr	-58.85L	-3L	5.89Cr
Other Investing Activities, Total	28Cr	-29.51L	1.51Cr	-54Cr	28Cr
Cash from Investing	24Cr	-15Cr	-20Cr	-58Cr	28Cr
Short Term Debt Issued, Total	15Cr	2.82Cr	48Cr	103.3Cr	-
Long-Term Debt Issued, Total	-	45Cr	5.32Cr	15Cr	163.19Cr
Total Debt Issued	15Cr	48Cr	53Cr	118.09Cr	163.19Cr
Short Term Debt Repaid, Total	-	-98.44L	-27Cr	-46Cr	-
Long-Term Debt Repaid, Total	-	-5.74Cr	-56.48L	-37Cr	-100.88Cr
Total Debt Repaid	-	-6.73Cr	-28Cr	-83Cr	-100.88Cr
Issuance of Common Stock	21Cr	-	-	119.19Cr	1.83Cr
Issuance of Preferred Stock	-	35Cr	-	-	-
Common Dividends Paid	-18.8L	-	-	-	-
Common & Preferred Stock Dividends Paid	-18.8L	-	-	-	-
Other Financing Activities, Total	46.36L	-31.26L	2.89Cr	-8.63Cr	-51Cr
Cash from Financing	36Cr	76Cr	28Cr	145.95Cr	13Cr
Foreign Exchange Rate Adjustments	29.43L	-4.92Cr	-1.22Cr	2.62Cr	-67.65L
Net Change in Cash	49Cr	21Cr	-31Cr	5.78Cr	6.53Cr
Supplemental Items
Cash Interest Paid	-	5L	80.86L	81.4L	1.92Cr
Cash Income Tax Paid (Refund)	32T	16.32L	11.07L	6L	1.61Cr
Levered Free Cash Flow	-	-17Cr	-42Cr	-53Cr	-73Cr
Unlevered Free Cash Flow	-	-17Cr	-42Cr	-49Cr	-69Cr
Change In Net Working Capital	-	-37Cr	-20Cr	5.38Cr	44Cr
Net Debt Issued / Repaid	15Cr	41Cr	26Cr	35Cr	62Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	-31.95	-31.11	-25.4	-10.95
Return on Total Capital	-	-86.95	-143.65	-242.66	-55.35
Return On Equity %	-	-1.31T	164.57	131.24	42.39
Return on Common Equity	-	563.25	91.35	107.66	42.68
Margin Analysis
Gross Profit Margin %	15.11	24.14	15.05	3.2	8.71
SG&A Margin	2.52T	3.14T	69.73	59.48	54.73
EBITDA Margin %	-3.01T	-7.06T	-100.29	-76.79	-61
EBITA Margin %	-3.06T	-7.19T	-108.38	-85.07	-71.55
EBIT Margin %	-3.06T	-7.19T	-108.38	-85.07	-71.55
Income From Continuing Operations Margin %	-3T	-7.58T	-110.49	-119.79	-89.43
Net Income Margin %	-3T	-7.57T	-109.28	-119.54	-89.43
Net Avail. For Common Margin %	-3T	-7.57T	-111.5	-119.86	-89.43
Normalized Net Income Margin	-1.84T	-4.71T	-67.63	-74.48	-47.74
Levered Free Cash Flow Margin	-	-1.81T	-62.11	-57.4	-141.31
Unlevered Free Cash Flow Margin	-	-1.76T	-61.17	-53.46	-133.68
Asset Turnover
Asset Turnover	-	0.01	0.46	0.48	0.24
Fixed Assets Turnover	-	0.03	1.44	1.87	1.29
Receivables Turnover (Average Receivables)	-	1.33	12.6	5.71	2.76
Inventory Turnover (Average Inventory)	-	0.47	3.66	3.52	2.22
Short Term Liquidity
Current Ratio	1.4	0.88	0.5	0.42	0.38
Quick Ratio	1.32	0.8	0.3	0.15	0.1
Operating Cash Flow to Current Liabilities	-0.17	-0.38	-0.22	-0.34	-0.14
Days Sales Outstanding (Average Receivables)	-	275.46	28.96	64.14	132.14
Days Outstanding Inventory (Average Inventory)	-	775.44	99.79	103.98	164.23
Average Days Payable Outstanding	-	1.8T	171.51	283.85	561.13
Cash Conversion Cycle (Average Days)	-	-751.34	-42.75	-115.73	-264.76
Long Term Solvency
Total Debt/Equity	112.15	-778.25	-109.36	-138.09	-138.42
Total Debt / Total Capital	52.86	114.74	1.17T	362.56	360.28
LT Debt/Equity	24.39	-292.56	-31.59	-29.8	-32.94
Long-Term Debt / Total Capital	11.5	43.13	337.51	78.23	85.74
Total Liabilities / Total Assets	85.17	106.17	152.2	137.64	168.12
EBIT / Interest Expense	-31.24	-80.47	-72.15	-13.51	-5.86
EBITDA / Interest Expense	-28.61	-76.13	-63.6	-11.59	-4.54
(EBITDA - Capex) / Interest Expense	-38.18	-91.74	-84.55	-12.57	-5.79
Total Debt / EBITDA	-2.12	-1.01	-1.39	-1.76	-6.4
Net Debt / EBITDA	3.03	0.14	-0.74	-1.6	-6.13
Total Debt / (EBITDA - Capex)	-1.59	-0.84	-1.05	-1.62	-5.02
Net Debt / (EBITDA - Capex)	2.27	0.12	-0.55	-1.47	-4.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	159.21	7T	36.13	-43.84
Gross Profit, 1 Yr. Growth %	-	314.18	4.33T	-71.01	52.6
EBITDA, 1 Yr. Growth %	-	508.39	0.94	4.24	-55.39
EBITA, 1 Yr. Growth %	-	508.64	7.06	6.85	-52.77
EBIT, 1 Yr. Growth %	-	508.64	7.06	6.85	-52.77
Earnings From Cont. Operations, 1 Yr. Growth %	-	555.53	3.55	47.59	-58.08
Net Income, 1 Yr. Growth %	-	554.95	2.5	48.91	-57.99
Normalized Net Income, 1 Yr. Growth %	-	562.51	2.05	49.91	-64.01
Diluted EPS Before Extra, 1 Yr. Growth %	-	359.93	4.72	7.64	-58.31
Accounts Receivable, 1 Yr. Growth %	-	45.32	1.04T	126.95	-32.87
Inventory, 1 Yr. Growth %	-	1.35T	894.36	-22.61	-7.72
Net Property, Plant and Equip., 1 Yr. Growth %	-	146.19	28.03	-12.74	-24.92
Total Assets, 1 Yr. Growth %	-	4.15	15.51	44.24	-14.57
Tangible Book Value, 1 Yr. Growth %	-	-818.1	132.38	-26.66	48.45
Common Equity, 1 Yr. Growth %	-	-331.6	166.44	-29.24	55.07
Cash From Operations, 1 Yr. Growth %	-	177.79	10.11	119.29	-60.65
Capital Expenditures, 1 Yr. Growth %	-	285.5	60.27	-73.17	38.54
Levered Free Cash Flow, 1 Yr. Growth %	-	-	160.03	25.8	38.25
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	164.82	18.98	40.42
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	1.26T	883.46	-12.56
Gross Profit, 2 Yr. CAGR %	-	-	1.25T	258.35	-33.48
EBITDA, 2 Yr. CAGR %	-	-	147.82	2.58	-31.81
EBITA, 2 Yr. CAGR %	-	-	155.27	6.95	-28.96
EBIT, 2 Yr. CAGR %	-	-	155.27	6.95	-28.96
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	160.53	23.62	-21.34
Net Income, 2 Yr. CAGR %	-	-	159.1	23.54	-20.9
Normalized Net Income, 2 Yr. CAGR %	-	-	160.02	23.69	-26.54
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	119.6	6.17	-33.01
Accounts Receivable, 2 Yr. CAGR %	-	-	310.52	409.72	23.43
Inventory, 2 Yr. CAGR %	-	-	1.1T	177.4	-15.5
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	77.54	5.69	-19.06
Total Assets, 2 Yr. CAGR %	-	-	9.68	29.07	11.01
Tangible Book Value, 2 Yr. CAGR %	-	-	308.5	30.55	4.34
Common Equity, 2 Yr. CAGR %	-	-	148.41	37.31	4.75
Cash From Operations, 2 Yr. CAGR %	-	-	74.89	55.39	-7.1
Capital Expenditures, 2 Yr. CAGR %	-	-	148.57	-34.43	-39.03
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	80.87	31.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	77.5	29.25
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	530.55	278.71
Gross Profit, 3 Yr. CAGR %	-	-	-	276.07	169.61
EBITDA, 3 Yr. CAGR %	-	-	-	85.68	-22.28
EBITA, 3 Yr. CAGR %	-	-	-	90.95	-18.55
EBIT, 3 Yr. CAGR %	-	-	-	90.95	-18.55
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	115.57	-13.79
Net Income, 3 Yr. CAGR %	-	-	-	115.42	-13.77
Normalized Net Income, 3 Yr. CAGR %	-	-	-	116.41	-18.04
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	73.14	-22.26
Accounts Receivable, 3 Yr. CAGR %	-	-	-	236.92	159.34
Inventory, 3 Yr. CAGR %	-	-	-	381.8	92.21
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	40.11	-5.69
Total Assets, 3 Yr. CAGR %	-	-	-	20.16	12.49
Tangible Book Value, 3 Yr. CAGR %	-	-	-	130.46	36.26
Common Equity, 3 Yr. CAGR %	-	-	-	63.45	42.99
Cash From Operations, 3 Yr. CAGR %	-	-	-	88.59	-1.69
Capital Expenditures, 3 Yr. CAGR %	-	-	-	18.35	-15.86
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	65.37
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	64.16