ECARX Holdings Inc.
ECXAnalytical Summary
ECARX Holdings Inc. demonstrates solid fundamentals with strength in Return on Common Equity (%). Consider comparing against peers in the Technology sector before making investment decisions.
6-Year Financial Trajectory
AnnualBullish Indicators
- Debt to EquityDebt to Equity is in the top quartile (lower is better)
- Return on Common Equity (%)Return on Common Equity (%) is in the top quartile
Bearish Risks
- Operating Margin (%)Operating Margin (%) is in the bottom quartile
- Profit Margin (%)Profit Margin (%) is in the bottom quartile
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2025 Dec 31, 2025 20-F ↗ | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ | FY 2020 Dec 31, 2020 20-F ↗ |
|---|---|---|---|---|---|---|
| Revenue Growth YoY (%) |
9.9%
Fair
↓
Fair
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-18%)
|
17.4%
Good
Good
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+45%)
|
27.4%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+129%)
|
— | — | — |
| EPS Growth YoY (%) |
48.7%
Excellent
↑
Excellent
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
0.0%
Caution
Caution
Year-over-year change in earnings per share
Optimal:
> 10%
|
66.1%
Excellent
Excellent
Year-over-year change in earnings per share
Optimal:
> 10%
|
— | — | — |
| Net Income Growth YoY (%) |
49.1%
Excellent
↑
Excellent
Improving
Year-over-year change in net income |
2.0%
Caution
Caution
Year-over-year change in net income |
40.7%
Excellent
Excellent
Year-over-year change in net income |
— | — | — |
| FCF Growth YoY (%) |
-39.6%
Weak
↓
Weak
Declining
Year-over-year change in free cash flow |
58.6%
Excellent
Excellent
Year-over-year change in free cash flow |
-68.6%
Weak
Weak
Year-over-year change in free cash flow |
— | — | — |
| Revenue CAGR 3Y (%) |
18.0%
Excellent
Excellent
Compound annual revenue growth over 3 years |
— | — | — | — | — |
| Metric | FY 2025 Dec 31, 2025 20-F ↗ | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ | FY 2020 Dec 31, 2020 20-F ↗ |
|---|---|---|---|---|---|---|
| Operating Margin (%) (%) |
-6.5%
Weak
↑
Weak
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-132%)
|
-15.9%
Weak
↑
Weak
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-180%)
|
-19.7%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-198%)
|
-41.2%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-306%)
|
— | — |
| Effective Tax Rate (%) (%) |
-1.8%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.2%
Excellent
↑
Excellent
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
0.4%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-1.4%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— | — |
| Profit Margin (%) (%) |
-7.8%
Weak
↑
Weak
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-152%)
|
-16.8%
Weak
↑
Weak
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-212%)
|
-20.1%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-234%)
|
-43.3%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-388%)
|
— | — |
| FCF Margin (%) (%) |
-12.6%
Weak
↑
Weak
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
-9.8%
Weak
↑
Weak
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
-28.0%
Weak
Weak
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
-15.0%
Weak
Weak
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
— | — |
| FCF / Net Income (x) |
1.61x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.58x
Weak
↓
Weak
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
1.39x
Good
Good
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.35x
Weak
Weak
Free cash flow relative to reported net income
Optimal:
> 1x
|
— | — |
| Metric | FY 2025 Dec 31, 2025 20-F ↗ | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ | FY 2020 Dec 31, 2020 20-F ↗ |
|---|---|---|---|---|---|---|
| Return on Invested Capital (%) |
19.7%
Excellent
↓
Excellent
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
51.4%
Excellent
↓
Excellent
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
99.2%
Excellent
Excellent
Return earned on debt + equity capital invested
Optimal:
> 10%
|
839.2%
Excellent
Excellent
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— | — |
| Return on Capital (%) (%) |
-8.3%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-23.9%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-21.5%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
-34.5%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
— | — |
| Return on Common Equity (%) (%) |
23.4%
Excellent
↓
Excellent
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+26%)
|
54.1%
Excellent
Excellent
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+193%)
|
102.0%
Excellent
Excellent
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+452%)
|
— | — | — |
| Metric | FY 2025 Dec 31, 2025 20-F ↗ | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ | FY 2020 Dec 31, 2020 20-F ↗ |
|---|---|---|---|---|---|---|
| Debt to Equity (x) |
-1.10x
Excellent
↑
Excellent
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-344%)
|
-0.77x
Excellent
↑
Excellent
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-272%)
|
-1.30x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-389%)
|
-4.91x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-1191%)
|
— | — |
| Interest Coverage (x) |
-2.30x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-6.62x
Weak
↑
Weak
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-11.57x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
-28.67x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
— | — |
| Net Debt (USD) | $223.54M | $140.99M | $89.98M | $19.23M | — | — |
| Debt / EBITDA (x) |
-8.90x
Excellent
↓
Excellent
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-1.81x
Excellent
↓
Excellent
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-1.44x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-0.62x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— | — |
| Metric | FY 2025 Dec 31, 2025 20-F ↗ | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ | FY 2020 Dec 31, 2020 20-F ↗ |
|---|---|---|---|---|---|---|
| Working Capital (USD) | $-339.83M | $-312.52M | $-130.53M | $-46.15M | — | — |
| Total Equity (USD) | $-282.66M | $-239.67M | $-129.78M | $-25.69M | — | — |
| Metric | FY 2025 Dec 31, 2025 20-F ↗ | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ | FY 2020 Dec 31, 2020 20-F ↗ |
|---|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $847.86M | $771.53M | $657.21M | $515.74M | — | — |
| Depreciation Expense (USD) | $19.87M | $20.57M | $12.09M | $9.81M | — | — |
| Net Income, GAAP (USD) | $-66.04M | $-129.76M | $-132.42M | $-223.18M | — | — |
| Operating Cash Flow (USD) | $-94.39M | $-59.98M | $-175.13M | $-58.83M | — | — |
Secondary lens
Benchmark Lens
Compare ECX against peers after checking the statement evidence.
Open lens
Benchmark Lens
Compare ECX against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for ECX
Debt to Equity is in the top quartile (lower is better)
Return on Common Equity (%) is in the top quartile
Operating Margin (%) is in the bottom quartile
Profit Margin (%) is in the bottom quartile
Percentile Rankings
How ECX compares to all companies
Peer Comparison
ECX vs similar peers
Compare ECX with peers
Stack ECX against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 1 week ago 6 years · 4 quarters