Logo

CREG

Smart Powerr Corp.

CREG

Smart Powerr Corp. • NASDAQ
$1.21 ▼ -4.80% (-0.06)
Market Cap $25.18 M
52w High $14.70
52w Low $1.02
Dividend Yield 0%
P/E -1.41
Volume 19.18K
Outstanding Shares 20.81M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $90.82K ▲ $257.7K ▼ $-300.374K ▲ -330.736% ▲ $-0.12 ▲ $-180.704K ▲
Q2-2025 $62.214K ▲ $1.052M ▼ $-1.245M ▼ -2.001K% ▲ $-0.51 ▲ $-982.778K ▼
Q1-2025 $20.625K ▲ $1.171M ▲ $-884.46K ▼ -4.288K% ▼ $-0.87 ▼ $-850.541K ▼
Q4-2024 $0 $284.878K ▲ $-606.727K ▼ 0% $-0.67 ▼ $-371.368K ▼
Q3-2024 $0 $188.295K $-262.731K 0% $-0.3 $-163.214K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $131.877M ▲ $132.973M ▲ $14.755M ▼ $118.219M ▲
Q2-2025 $131.115M ▲ $132.208M ▲ $16.12M ▼ $116.088M ▲
Q1-2025 $129.596M ▲ $130.748M ▲ $16.452M ▼ $114.296M ▲
Q4-2024 $25.341K ▼ $121.235M ▼ $16.504M ▼ $104.731M ▼
Q3-2024 $69.118M $137.655M $27.417M $110.238M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-1.245M ▼ $-131.327K ▼ $0 ▼ $0 ▼ $1.519M ▼ $-916.204K ▼
Q1-2025 $-884.46K ▼ $64.627M ▲ $55.202M ▲ $9.865M ▲ $129.571M ▲ $64.627M ▲
Q4-2024 $-606.727K ▼ $-10.433M ▼ $-57.471M ▼ $0 $-69.093M ▼ $-10.433M ▼
Q3-2024 $-262.731K ▲ $-82.541K ▼ $-39.992K ▼ $0 $1.016M ▲ $-82.541K ▼
Q2-2024 $-409.757K $-64.613K $-21.853K $0 $-475.215K $-64.613K

Five-Year Company Overview

Income Statement

Income Statement The income statement paints a picture of a company with very little active commercial activity in recent years. Reported revenue is essentially absent, yet earnings per share have swung sharply from profit to deep losses. That usually signals that results are being driven more by accounting items, financing changes, and one‑off events than by a stable, underlying business. Operationally, this suggests Smart Powerr has not been running a consistent, revenue‑generating core business lately, and current earnings figures are not a reliable guide to steady profitability.

Balance Sheet

Balance Sheet The balance sheet is small and fairly light, indicating a tiny company in absolute scale. Assets have been modest and largely consisted of cash in prior years, but that cash cushion has thinned more recently. Debt is present but not large, and equity is still positive, which means the company is not overburdened by leverage. However, with limited assets and only a modest capital base, Smart Powerr does not have a lot of financial depth to absorb prolonged losses or to fund large growth plans on its own.

Cash Flow

Cash Flow Cash flow trends highlight a key concern: the business has recently been using cash rather than generating it. There was a period of positive operating cash flow earlier, but the latest years show cash going out the door with no offsetting inflows from operations. Capital spending looks minimal, so the cash burn seems tied more to keeping the company running than to heavy investment in new physical projects. Without a turnaround in operating cash flow, the company will likely continue to depend on external funding or asset sales to sustain its activities.

Competitive Edge

Competitive Edge Historically, Smart Powerr’s niche was waste‑to‑energy projects in China, using a build‑operate‑transfer model to lock in long‑term contracts with industrial clients. That model can be attractive and sticky when the project pipeline is healthy. However, the lack of recent revenue, multiple reverse stock splits, and listing pressures suggest that its earlier competitive position has weakened. The waste‑heat recovery space is competitive, and without visible new projects or scale, Smart Powerr currently looks more like a small, struggling niche player than a dominant utility or renewables platform. Its new digital and energy‑storage ventures could eventually reshape this position, but for now, its moat appears shallow and under strain.

Innovation and R&D

Innovation and R&D On paper, Smart Powerr is pursuing bold, unconventional innovation. It is trying to combine traditional waste‑to‑energy know‑how with emerging areas like energy‑linked NFTs, a metaverse‑based energy storage demonstration platform, and integrated solutions for solar, storage, and ultra‑fast charging. These ideas are differentiated and could help the company stand out if executed well. The challenge is that most of this appears to be at an early or conceptual stage, and the firm’s limited financial resources may constrain how much it can actually build. In short, the company’s innovation story is imaginative and forward‑looking, but still largely unproven in terms of commercial impact.

Summary

Smart Powerr Corp. is in transition: the legacy industrial waste‑to‑energy business is not currently generating visible revenue, profitability is erratic and heavily influenced by non‑operational factors, and cash flow has turned negative. The balance sheet is small but not heavily indebted, giving some flexibility but little margin for extended missteps. Strategically, the company is attempting a big pivot into digital and advanced energy technologies—from NFTs tied to green assets to metaverse education tools and integrated charging and storage systems. This creates upside optionality but also adds execution and funding risk, especially given the company’s modest scale and recent financial pressures. Anyone following CREG will likely focus on whether it can translate these ambitious concepts into real projects, recurring revenues, and positive cash flow before its limited financial resources are stretched too far.