XCHG Limited

NASDAQ•XCH

CEO: Mr. Rui Ding

Sector: Industrials

Industry: Industrial - Machinery

Listing Date: 2016-01-27

XCHG Limited, together with its subsidiaries, engages in designing, manufacturing, and selling of electric vehicle (EV) chargers under the X-Charge brand name in Europe, the People's Republic of China, the United States, and internationally. The company offers direct current (DC) fast chargers under the C6 series and C7 series; and battery-integrated DC fast chargers under the Net Zero series, as well as software system upgrades and hardware maintenance services. It serves EV manufacturers, energy players, and charge point operators. XCHG Limited was founded in 2015 and is headquartered in Beijing, the People's Republic of China.

Contact Information

No. 12 Shuang Yang Road, Da Xing District, Beijing, 100023, China

86-10-5721-5988

www.xcharge.com

Market Cap

$86.20M

P/E (TTM)

-7.2

20.9

Dividend Yield

52W High

$2.50

52W Low

$0.55

52W Range

46%

Rank39Top 39.1%

4.2

F-Score

Modified Piotroski Analysis

Based on 4-year fundamentals

Average • 4.2 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2022-2025

Financial Dashboard

Q2 2024 Data

Revenue

$9.00M-26.28%

4-Quarter Trend

EPS

-$0.02-169.97%

4-Quarter Trend

FCF

$0.00+0.00%

4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Revenue Growth Strong Margin Total revenues reached US$42.20M in 2024, up 9.6% from 2023; gross margin improved to 50.3%.

Product Deliveries Increase Delivered 1,963 DC fast chargers in 2024, supporting product revenue growth to US$41.51M.

Cash Position Strengthened Cash and equivalents totaled US$26.77M by year-end 2024, following significant financing activities.

Risk Factors

Operating Loss Widens Operating loss reached US$12.03M in 2024, driven by high R&D and operating expenses growth.

Internal Control Weaknesses Material weaknesses identified in internal controls related to U.S. GAAP personnel and IT governance.

PRC Regulatory Uncertainty PRC government regulations on overseas offerings could severely limit ability to offer future securities.

Outlook

US Manufacturing Plant Plan to construct a manufacturing plant in the United States, expected to commence around 2026.

Expand NZS GridLink Commercial deployment of NZS solution across Europe, Americas, Asia; GridLink targets North American market.

Future Funding Strategies Evaluating strategies to obtain additional funding, including equity financing or debt arrangements, for future growth.

Peer Comparison

Revenue (TTM)

HURC

$175.01M

-6.9%

BAER

$122.83M

+24.6%

TUSK

$103.13M

-20.3%

Gross Margin (Latest Quarter)

FLUX

34.7%

-3.8pp

HUHU

32.0%

-3.6pp

HURC

18.5%

-5.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
HUHU	$150.65M	-12.5	-171.0%	28.3%
BAER	$109.42M	26.1	7.4%	74.1%
TUSK	$103.14M	-1.3	-30.0%	1.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

2.3%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 22, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data