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AIEV

Thunder Power Holdings, Inc.

AIEV

Thunder Power Holdings, Inc. • NASDAQ
$0.13 ▲ 0.00% (+0.00)
Market Cap $6.59 M
52w High $0.50
52w Low $0.01
Dividend Yield 0%
P/E -4.33
Volume 37.33K
Outstanding Shares 50.72M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $428.053K ▼ $-428.139K ▲ 0% $-0.01 $-420.96K ▲
Q2-2025 $0 $503.53K ▼ $-503.503K ▲ 0% $-0.01 ▲ $-503.53K ▲
Q1-2025 $0 $754.656K ▲ $-755K ▼ 0% $-0.02 ▼ $-755K ▼
Q4-2024 $0 $28.147K ▲ $-28.095K ▲ 0% $-0.001 ▲ $-20.968K ▲
Q3-2024 $0 $912.314 $-912.317K 0% $-0.018 $-905.077K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $17.434K ▼ $13.51M ▼ $8.263M ▼ $5.247M ▼
Q2-2025 $98.57K ▲ $13.607M ▲ $8.345M ▲ $5.262M ▼
Q1-2025 $21.212K ▼ $13.514M ▼ $7.745M ▲ $5.769M ▼
Q4-2024 $52.616K ▲ $13.555M ▲ $7.031M ▲ $6.524M ▼
Q3-2024 $33.636K $13.499M $6.947M $6.552M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $726.905K ▲ $-61.631K ▲ $1.4K ▲ $31.627K ▼ $-81.013K ▼ $-61.631K ▲
Q2-2025 $28.095K ▲ $-683.793K ▼ $-1.4K $710.142K ▲ $44.838K ▲ $-683.793K ▼
Q1-2025 $-755K ▼ $-622.874K ▼ $-1.4K ▼ $591.47K ▲ $-32.804K ▼ $-622.874K ▼
Q4-2024 $-28.095K ▲ $-321.895K ▲ $0 $341.5K ▲ $18.98K ▲ $-321.895K ▲
Q3-2024 $-912.317K $-363.698K $0 $-524.64K $-887.713K $-363.698K

Five-Year Company Overview

Income Statement

Income Statement Thunder Power is essentially a pre‑revenue company. For several years it has reported no meaningful sales and only small earnings-per-share swings that likely reflect accounting items or capital structure changes rather than a stable underlying business. From an income-statement perspective, this is still a development-stage story with no proven ability yet to generate recurring revenue or operating profit, either from vehicles or from the new clean-energy activities it is pursuing.

Balance Sheet

Balance Sheet The balance sheet appears very thin, with only a modest level of assets and equity and no reported debt. That suggests a very limited financial cushion and heavy dependence on future funding to scale either clean-energy projects or EV production. The absence of sizable tangible assets, manufacturing facilities, or cash reserves underscores that Thunder Power is not yet built out as a full operating auto manufacturer and remains financially fragile.

Cash Flow

Cash Flow Reported cash flow from operations and free cash flow are effectively nonexistent, which is consistent with a business that has yet to reach commercial scale. The company does not appear to be self-funding; it will likely continue to rely on external capital, asset sales, or project-level financing to cover development costs and day‑to‑day expenses. Until the clean-energy pivot or any vehicle program begins generating real cash inflows, liquidity risk remains a central concern.

Competitive Edge

Competitive Edge Competitively, Thunder Power sits in a difficult spot. It operates in two intensely competitive arenas—electric vehicles and clean energy—without yet having scale, brand recognition, or a commercial product on the road. Its earlier work on a modular EV platform, premium design, and European engineering partners could help differentiate it, but these advantages are still mostly conceptual. Meanwhile, larger and better-funded automakers and energy companies are moving quickly, which raises the bar for Thunder Power to carve out a durable niche.

Innovation and R&D

Innovation and R&D On paper, Thunder Power’s technology concepts are attractive: a flexible EV platform, large battery packs, lightweight body structures, and a sophisticated in-car interface, now combined with ambitions to link vehicles to a broader solar and energy ecosystem. However, most of this innovation remains at the prototype and planning stage, and some of the ideas date back several years in a fast-moving industry. The key question is execution—whether the company can modernize, industrialize, and finance these concepts quickly enough to remain relevant against rapidly advancing competitors.

Summary

Overall, AIEV represents an early-stage, high-uncertainty story. The company has an interesting vision that blends premium EV design with clean-energy generation, but it currently lacks revenue, scale, and strong cash generation, and its financial base is very small. Its future will depend on successfully monetizing its clean-energy pivot, securing ongoing funding, and demonstrating real progress from concept to production in its vehicle lineup. Until those milestones are clearer, Thunder Power’s profile is that of a speculative, development-phase enterprise rather than a mature operating business.

NEWS

November 17, 2025 · 4:15 PM UTC

Thunder Power Holdings, Inc. Reports Third Quarter 2025 Financial Results and Provides Strategic Operational Update

Read more

September 22, 2025 · 9:00 AM UTC

Thunder Power Holdings, Inc. Announces Financial Results and Provides Strategic Operational Update

Read more