Income Statement Smart Powerr Corp.

Stocks

CREG

US1689135077

Renewable Energy Equipment & Services

Market Closed - OTC Markets 15:29:56 2026-10-02 EDT			5-day change	1st Jan Change
0.1550 ^USD	+31.69%		-3.12%	-98.83%

08-14	Smart Powerr Corp. Announces Resignation of Yongjiang Shi as Chief Financial Officer, Effective August 13, 2026	CI
08-14	Smart Powerr Corp. Announces Board and Committee Resignations, Effective August 13, 2026	CI

cb817329a545e65bce0f219.lmm0bGDYfgnP5VxmF4ovJYlehOqMS7uRDKuE05zJkrg.oA7mIDKqTU2HgRAqWNh_EOc7yYfGH-j5PuTVia6Dp9zdCNEoU70ZOYq_aA

Published financial data: SMART POWERR CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	-	-	-	-	263K
Interest And Invest. Income (Rev)	-	-	-	-	-
Total Revenues	-	-	-	-	263K
Cost of Goods Sold, Total	-	-	-	-	146K
Gross Profit	-	-	-	-	117K
Selling General & Admin Expenses, Total	843K	1.6M	798K	1.09M	2.96M
Provision for Bad Debts	-34.69K	-	-	-	-
Other Operating Expenses	-	-	-	-	168K
Other Operating Expenses, Total	808K	1.6M	798K	1.09M	3.13M
Operating Income	-808K	-1.6M	-798K	-1.09M	-3.02M
Interest Expense, Total	-3.11M	-687K	-435K	-478K	-422K
Interest And Investment Income	414K	431K	252K	132K	114K
Net Interest Expenses	-2.69M	-255K	-184K	-346K	-308K
Other Non Operating Income (Expenses)	-172K	-117K	339K	-106K	464K
EBT, Excl. Unusual Items	-3.67M	-1.97M	-643K	-1.55M	-2.86M
Gain (Loss) On Sale Of Investments	-11.63M	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Legal Settlements	-	-2.28M	-	-	-
Other Unusual Items	3.01M	-135K	-7.29K	-	-
EBT, Incl. Unusual Items	-12.28M	-4.39M	-650K	-1.55M	-2.86M
Income Tax Expense	-53.14K	69.65K	96.7K	14K	40.54K
Earnings From Continuing Operations	-12.23M	-4.46M	-747K	-1.56M	-2.9M
Net Income to Company	-12.23M	-4.46M	-747K	-1.56M	-2.9M
Minority Interest	-	-	-	-	-
Net Income - (IS)	-12.23M	-4.46M	-747K	-1.56M	-2.9M
Net Income to Common Incl Extra Items	-12.23M	-4.46M	-747K	-1.56M	-2.9M
Net Income to Common Excl. Extra Items	-12.23M	-4.46M	-747K	-1.56M	-2.9M
Per Share Items
Net EPS - Basic	-218.06	-60.77	-9.59	-18.21	-1.91
Basic EPS - Continuing Operations	-218.06	-60.77	-9.59	-18.21	-1.91
Basic Weighted Average Shares Outstanding	56.09K	73.35K	77.85K	85.62K	1.52M
Net EPS - Diluted	-218.06	-61	-9.59	-18.21	-1.91
Diluted EPS - Continuing Operations	-218.06	-61	-9.59	-18.21	-1.91
Diluted Weighted Average Shares Outstanding	56.09K	73.35K	77.85K	85.62K	1.52M
Normalized Basic EPS	-40.93	-16.8	-5.16	-11.28	-1.18
Normalized Diluted EPS	-40.93	-16.8	-5.16	-11.28	-1.18
Supplemental Items
EBITDA	-808K	-1.6M	-798K	-1.09M	-2.98M
EBITA	-808K	-1.6M	-798K	-1.09M	-3.02M
EBIT	-808K	-1.6M	-798K	-1.09M	-3.02M
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	0.43	-1.59	-14.87	-0.91	-1.42
Current Domestic Taxes	-53.14K	69.65K	96.7K	14K	40.54K
Total Current Taxes	-53.14K	69.65K	96.7K	14K	40.54K
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-2.3M	-1.23M	-402K	-966K	-1.79M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	568K	461K	436K	478K	422K
Supplemental Operating Expense Items
General and Administrative Expenses	843K	1.6M	798K	1.09M	2.96M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	832K
Stock-Based Comp., Other (Total)	223K	-	-	-	-
Total Stock-Based Compensation	223K	-	-	-	832K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	152M	139M	32.37K	25.34K	40.16K
Total Cash And Short Term Investments	152M	139M	32.37K	25.34K	40.16K
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	1.07M	214K	219K	215K	32.85K
Notes Receivable	-	-	68.77M	55.66M	157M
Total Receivables	1.07M	214K	68.99M	55.88M	157M
Prepaid Expenses	34.87K	31.92K	-	-	-
Other Current Assets, Total	-	71.94K	67.44M	65.21M	-
Total Current Assets	153M	139M	136M	121M	157M
Net Property Plant And Equipment	138K	4.65K	3.99K	119K	65.14K
Long-term Investments	-	-	-	-	-
Other Intangibles, Total	-	-	-	-	753K
Accounts Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	17.19K	-	-	-	-
Total Assets	153M	139M	136M	121M	158M
Liabilities
Accounts Payable, Total	77.85K	71.27K	70.08K	68K	122K
Accrued Expenses, Total	1.3M	3.33M	2.91M	1.12M	1.11M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	18.82M	16.75M	16.09M	4.71M	2.46M
Current Portion of Leases	67.92K	62.18K	-	58.53K	61.09K
Current Income Taxes Payable	3.08M	3.68M	4.28M	4.28M	4.3M
Unearned Revenue Current, Total	-	-	-	-	107K
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	539K	483K	519K	2.87M	2.98M
Total Current Liabilities	23.88M	24.38M	23.87M	13.1M	11.14M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	64.63K	-	-	56.54K	-
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	4.57M	3.96M	3.35M	3.35M	3.35M
Total Liabilities	28.51M	28.34M	27.22M	16.5M	14.49M
Common Stock, Total	7.04K	7.39K	7.96K	9.16K	44.33K
Additional Paid In Capital	162M	164M	165M	166M	202M
Retained Earnings	-40.1M	-44.56M	-45.31M	-46.86M	-49.76M
Comprehensive Income and Other	3.32M	-8.32M	-10.33M	-14.37M	-8.73M
Total Common Equity	125M	111M	109M	105M	143M
Minority Interest	-	-	-	-	-
Total Equity	125M	111M	109M	105M	143M
Total Liabilities And Equity	153M	139M	136M	121M	158M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	73.58K	76.34K	81.28K	248K	2.3M
ECS Total Common Shares Outstanding	70.44K	73.92K	79.63K	91.61K	2.1M
Book Value / Share	1.77K	1.5K	1.37K	1.14K	68.32
Tangible Book Value	125M	111M	109M	105M	142M
Tangible Book Value Per Share	1.77K	1.5K	1.37K	1.14K	67.96
Total Debt	18.95M	16.82M	16.09M	4.82M	2.53M
Net Debt	-133M	-122M	16.06M	4.8M	2.49M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	14	14	14	14	22
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-12.23M	-4.46M	-747K	-1.56M	-2.9M
Depreciation & Amortization - CF	61.44K	61.87K	62.04K	61.05K	62.53K
Depreciation & Amortization, Total	61.44K	61.87K	62.04K	61.05K	62.53K
Amortization of Deferred Charges, Total - (CF)	169K	194K	31.25K	574K	47.14K
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	11.63M	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	223K	-	-	-	832K
Provision and Write-off of Bad Debts	-34.69K	-	7.1K	200K	-
Other Operating Activities, Total	-818K	368K	8.06K	65.62K	416K
Change In Accounts Receivable	347K	-	-5.28K	-1.23K	18.76K
Change In Inventories	-850K	-	-67.75M	-	68.07M
Change In Accounts Payable	-	-	-	-	1.26K
Change in Unearned Revenues	-	-	-	-	107K
Change In Income Taxes	-687K	1.09K	-11.77K	4.57K	186K
Change in Other Net Operating Assets	581K	3.48M	305K	-10.11M	68.26K
Cash from Operations	-1.61M	-352K	-68.1M	-10.76M	66.91M
Capital Expenditure	-	-	-	-	-
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-750K
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-69.12M	11.03M	-98.72M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-	-	-69.12M	11.03M	-99.47M
Short Term Debt Issued, Total	5M	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	5M	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	37.56M	-	-	-	32.14M
Cash from Financing	42.56M	-	-	-	32.14M
Foreign Exchange Rate Adjustments	3.26M	-12.85M	-1.56M	-274K	441K
Net Change in Cash	44.21M	-13.2M	-139M	-7.03K	14.82K
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	209K	68.65K	109K	25.9K	38.55K
Levered Free Cash Flow	-11.84M	2.19M	-137M	15.55M	-37.37M
Unlevered Free Cash Flow	-10.07M	2.42M	-136M	15.27M	-37.1M
Change In Net Working Capital	9.85M	-3.36M	136M	-15.9M	35.41M
Net Debt Issued / Repaid	5M	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-0.35	-0.68	-0.36	-0.53	-1.35
Return on Total Capital	-0.39	-0.74	-0.39	-0.58	-1.48
Return On Equity %	-11.28	-3.78	-0.68	-1.46	-2.34
Return on Common Equity	-11.28	-3.78	-0.68	-1.46	-2.34
Margin Analysis
Gross Profit Margin %	-	-	-	-	44.42
SG&A Margin	-	-	-	-	1.13K
EBITDA Margin %	-	-	-	-	-1.14K
EBITA Margin %	-	-	-	-	-1.15K
EBIT Margin %	-	-	-	-	-1.15K
Income From Continuing Operations Margin %	-	-	-	-	-1.1K
Net Income Margin %	-	-	-	-	-1.1K
Net Avail. For Common Margin %	-	-	-	-	-1.1K
Normalized Net Income Margin	-	-	-	-	-680.81
Levered Free Cash Flow Margin	-	-	-	-	-14.23K
Unlevered Free Cash Flow Margin	-	-	-	-	-14.13K
Asset Turnover
Asset Turnover	-	-	-	-	0
Fixed Assets Turnover	-	-	-	-	2.91
Receivables Turnover (Average Receivables)	-	-	-	-	-
Short Term Liquidity
Current Ratio	6.41	5.71	5.72	9.25	14.07
Quick Ratio	6.41	5.7	0.01	0.02	0.01
Operating Cash Flow to Current Liabilities	-0.07	-0.01	-2.85	-0.82	6
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Average Days Payable Outstanding	-	-	-	-	237.97
Long Term Solvency
Total Debt/Equity	15.19	15.18	14.73	4.6	1.76
Total Debt / Total Capital	13.19	13.18	12.84	4.4	1.73
LT Debt/Equity	0.05	-	-	0.05	-
Long-Term Debt / Total Capital	0.04	-	-	0.05	-
Total Liabilities / Total Assets	18.6	20.37	19.95	13.61	9.19
EBIT / Interest Expense	-0.26	-2.33	-1.83	-2.29	-7.14
EBITDA / Interest Expense	-0.24	-2.24	-1.69	-2.16	-7.06
(EBITDA - Capex) / Interest Expense	-0.24	-2.24	-1.69	-2.16	-7.06
Total Debt / EBITDA	-25.37	-10.94	-21.85	-4.67	-0.85
Net Debt / EBITDA	178.1	79.4	-21.81	-4.64	-0.83
Total Debt / (EBITDA - Capex)	-25.37	-10.94	-21.85	-4.67	-0.85
Net Debt / (EBITDA - Capex)	178.1	79.4	-21.81	-4.64	-0.83
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	-	-	-
Gross Profit, 1 Yr. Growth %	-	-	-	-	-
EBITDA, 1 Yr. Growth %	-	97.96	-50.09	37.03	172.75
EBITA, 1 Yr. Growth %	-113.87	97.88	-50.07	36.94	175.78
EBIT, 1 Yr. Growth %	-113.87	97.88	-50.07	36.94	175.78
Earnings From Cont. Operations, 1 Yr. Growth %	-401.92	-63.55	-83.25	108.76	86.02
Net Income, 1 Yr. Growth %	-401.92	-63.55	-83.25	108.76	86.02
Normalized Net Income, 1 Yr. Growth %	-180.66	-46.33	-67.39	140.36	85.08
Diluted EPS Before Extra, 1 Yr. Growth %	-238.05	-72.03	-84.21	89.82	-89.51
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-99.52	-96.64	-14.16	2.88K	-43.39
Total Assets, 1 Yr. Growth %	11.77	-9.22	-1.92	-11.16	30.03
Tangible Book Value, 1 Yr. Growth %	35.38	-11.19	-1.4	-4.13	35.97
Common Equity, 1 Yr. Growth %	35.38	-11.19	-1.4	-4.13	36.68
Cash From Operations, 1 Yr. Growth %	-101.96	-78.18	19.25K	-84.19	-721.59
Levered Free Cash Flow, 1 Yr. Growth %	-124.03	-118.47	-6.35K	-111.38	-340.33
Unlevered Free Cash Flow, 1 Yr. Growth %	-120.09	-124.05	-5.73K	-111.2	-342.93
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	-	-
Gross Profit, 2 Yr. CAGR %	-	-	-	-	-
EBITDA, 2 Yr. CAGR %	-66	-	-0.6	-17.3	93.33
EBITA, 2 Yr. CAGR %	-65.99	-47.61	-0.6	-17.31	94.34
EBIT, 2 Yr. CAGR %	-65.99	-47.61	-0.6	-17.31	94.34
Earnings From Cont. Operations, 2 Yr. CAGR %	18.07	4.9	-75.29	-40.86	97.06
Net Income, 2 Yr. CAGR %	18.07	4.9	-75.29	-40.86	97.06
Normalized Net Income, 2 Yr. CAGR %	-37.84	-34.2	-58.16	-11.47	110.92
Diluted EPS Before Extra, 2 Yr. CAGR %	-37.63	-37.86	-79.03	-45.26	-55.37
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-94.79	-98.74	-83	405.6	303.84
Total Assets, 2 Yr. CAGR %	11.25	0.73	-5.64	-6.65	7.48
Tangible Book Value, 2 Yr. CAGR %	25.96	9.65	-6.42	-2.77	14.17
Common Equity, 2 Yr. CAGR %	25.96	9.65	-6.42	-2.77	14.47
Cash From Operations, 2 Yr. CAGR %	-66.82	-93.46	549.87	453.08	-0.88
Levered Free Cash Flow, 2 Yr. CAGR %	-48.33	-78.93	239.61	166.65	-47.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	-51.37	-78.02	267.98	151.14	-47.83
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	-
Gross Profit, 3 Yr. CAGR %	-	-	-	-	-
EBITDA, 3 Yr. CAGR %	-69.88	-38.83	-	10.63	23.1
EBITA, 3 Yr. CAGR %	-69.87	-38.83	-48.44	10.6	23.55
EBIT, 3 Yr. CAGR %	-69.87	-38.83	-48.44	10.6	23.55
Earnings From Cont. Operations, 3 Yr. CAGR %	-43.88	-20.2	-43.09	-49.67	-13.35
Net Income, 3 Yr. CAGR %	-42.99	-20.2	-43.09	-49.67	-13.35
Normalized Net Income, 3 Yr. CAGR %	-51.91	-40.81	-47.93	-25.07	13.2
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-52.26	-60.69	-56.29	-68.44
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-87.46	-95.5	-94.83	-4.9	141.01
Total Assets, 3 Yr. CAGR %	-3.66	3.96	-0.16	-7.52	4.25
Tangible Book Value, 3 Yr. CAGR %	12.89	12.11	5.84	-5.67	8.72
Common Equity, 3 Yr. CAGR %	12.89	12.11	5.84	-5.67	8.92
Cash From Operations, 3 Yr. CAGR %	-9.4	-71.15	-6.1	88.29	475.04
Levered Free Cash Flow, 3 Yr. CAGR %	23.98	-63.33	40.47	9.5	157.56
Unlevered Free Cash Flow, 3 Yr. CAGR %	-4.77	-61.54	39.59	14.9	148.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	-
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-
EBITDA, 5 Yr. CAGR %	46.64	-22.74	-51.44	-30.99	-
EBITA, 5 Yr. CAGR %	45.65	-22.73	-51.44	-30.99	-12.34
EBIT, 5 Yr. CAGR %	45.65	-22.73	-51.44	-30.99	-12.34
Earnings From Cont. Operations, 5 Yr. CAGR %	-24.13	-10.29	-59.58	-29.21	-6.47
Net Income, 5 Yr. CAGR %	-24.02	-9.5	-59.19	-29.21	-6.47
Normalized Net Income, 5 Yr. CAGR %	-7.87	17.15	-54.52	-30.47	-8.88
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-49.61	-58.64
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-72.41	-86.31	-85.89	-70.24	-70.45
Total Assets, 5 Yr. CAGR %	-6.16	-9.69	-4.46	-0.43	2.83
Tangible Book Value, 5 Yr. CAGR %	-4.07	-6.56	4.73	5.9	9.09
Common Equity, 5 Yr. CAGR %	-4.07	-6.56	4.73	5.9	9.21
Cash From Operations, 5 Yr. CAGR %	-47.26	4.3	99.25	-5.98	-4.04
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	9.23	-8.23	85.53	-18.91	-5.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	26.33	82.98	63.53	-18.54	-5.84