Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Elong Power Holding Limited (ELPW) had Return on Tangible Equity of 183.02% for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$0.39M
Net Income	$-30.11M
Cost of Goods Sold	$3.85M
Gross Profit	$-3.46M
Operating Expenses	$29.51M
Operating Income	$-29.12M
Non-Operating Income/Expense	$-0.99M
Pre-Tax Income	$-30.11M
Normalized Pre-Tax Income	$-30.11M
Income after Taxes	$-30.11M
Income from Continuous Operations	$-30.11M
Consolidated Net Income/Loss	$-30.11M
Normalized Income after Taxes	$-30.11M
EBIT	$-29.12M
EBITDA	$-27.41M
Weighted-Average Shares Outstanding (Basic)	3.69M
Weighted-Average Shares Outstanding (Diluted)	3.69M
Earnings per Share (EPS) (Basic)	$-8.16
Earnings per Share (EPS) (Diluted)	$-8.16
Balance Sheet Financials
Current Assets	$10.47M
Property, Plant, and Equipment	$0.86M
Long-Term Assets	$16.16M
Total Assets	$26.63M
Current Liabilities	$20.36M
Long-Term Debt	$0.13M
Long-Term Liabilities	$22.72M
Total Liabilities	$43.08M
Common Equity	$-16.45M
Tangible Shareholders Equity	$-16.45M
Shareholders Equity	$-16.45M
Common Shares Outstanding	3.69M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-2.82M
Cash Flow from Investing Activities	$-7.78M
Cash Flow from Financial Activities	$10.60M
Beginning Cash	$0.31M
End Cash	$0.32M
Increase/Decrease in Cash	$0.01M
Stock-Based Compensation	--
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.51
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	-0.01
Debt to Equity Ratio	-0.47
Gross Margin	-894.79%
Operating Margin	-7526.20%
EBIT Margin	-7526.20%
EBITDA Margin	-7083.47%
Pre-Tax Profit Margin	-7782.47%
Profit Margin	-7782.47%
Free Cash Flow	$-2.82M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.01
Inventory Turnover	2.70
Receiveable Turnover	2.84
Days Sales in Receivables	128.66
Return on Equity	183.05%
Return on Tangible Equity	183.02%
Return on Assets	-113.08%
Return on Investments	184.53%
Book Value Per Share	$-4.46
Free Cash Flow per Share	$-0.77
Operating Cash Flow per Share	$-0.77

Data from Zacks Investment Research, Inc.