Chijet Motor Company (CJET) AI Stock Analysis

• Market Cap: $9.91M
• Dividend Yield: N/A
• Average Volume (3M): 154.42K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.27
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 1,428
• Sector: Consumer Cyclical
• Sector Strength: 56
• Industry: Auto - Manufacturers
• EPS (TTM): -9.21
• Shares Outstanding: 5,356,906
• 10 Day Avg. Volume: 19,215
• 30 Day Avg. Volume: 154,419
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.02
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Chijet Motor Company is facing severe financial and operational challenges, with negative profitability, high leverage, and liquidity issues. The bearish technical indicators and negative market reaction to earnings results further exacerbate the risks. The company's low valuation metrics reflect its unprofitability and lack of dividend appeal, contributing to an overall weak stock score.

Chijet Motor Company Business Overview & Revenue Model

Company Description

Chijet Motor Company (CJET) is a prominent player in the automotive sector, focusing on the design, manufacture, and sale of electric vehicles. The company is dedicated to pioneering innovative transportation solutions that contribute to a sustainable future. With a lineup of electric cars and commercial vehicles, Chijet Motor Company aims to cater to both individual consumers and businesses seeking eco-friendly transportation options.

How the Company Makes Money

Chijet Motor Company generates revenue through the sale of its electric vehicles to both consumers and commercial clients. The primary revenue stream is the direct sale of electric cars, which includes various models designed to meet different market needs. The company also earns from after-sales services, including maintenance and parts replacement, which ensure long-term customer engagement and recurring income. Additionally, strategic partnerships with technology firms and automotive suppliers enhance their product offerings and market reach, contributing to their financial performance. Chijet Motor Company might also explore revenue from government incentives and subsidies for producing environmentally friendly vehicles, although specific details on this are null.

Chijet Motor Company Financial Statement Overview

Summary

Chijet Motor Company faces critical financial challenges with negative profitability, high leverage, and liquidity issues. The lack of revenue growth and negative equity suggest financial instability and potential risks for stakeholders.

Income Statement

Chijet Motor Company has reported significant losses with a net income of -$68.1 million and a gross loss of $32.76 million, leading to negative profit margins. The lack of revenue growth and substantial negative EBIT and EBITDA margins indicate severe profitability issues.

Balance Sheet

The company's balance sheet reveals negative stockholders' equity of -$132.83 million, indicating liabilities exceed assets. A high debt burden with total liabilities of $615.33 million and negative equity poses significant financial risk.

Cash Flow

Chijet's cash flow analysis shows negative operating cash flow of -$40.02 million and free cash flow of -$42.66 million, highlighting liquidity challenges. The cash flow to net income ratios indicate poor cash generation from operations.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
10.28M	9.48M	14.96M	22.30M	26.52M
	Gross Profit
-27.57M	-32.76M	-38.33M	-57.25M	-65.44M
	EBIT
-63.07M	-88.72M	-118.26M	-129.16M	-106.09M
	EBITDA
-36.18M	-49.06M	-72.77M	-21.02K	20.34M
	Net Income Common Stockholders
-49.91M	-68.11M	-77.26M	-29.91M	-29.11M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
10.73M	10.73M	37.92M	23.19M	41.20M
	Total Assets
536.45M	536.45M	653.61M	809.15M	953.30M
	Total Debt
372.65M	372.65M	112.64M	118.92M	118.94M
	Net Debt
361.92M	361.92M	74.72M	95.73M	77.75M
	Total Liabilities
615.33M	615.33M	637.48M	697.12M	781.64M
	Stockholders Equity
-132.83M	-132.83M	-68.58M	-8.27M	19.34M
Cash Flow		Free Cash Flow
-30.74M	-45.36M	10.44M	-23.45M	-173.80M
	Operating Cash Flow
-29.23M	-40.02M	22.38M	-22.37M	-142.98M
	Investing Cash Flow
1.18M	-1.76M	-13.24M	-1.07M	34.37M
	Financing Cash Flow
4.40M	5.22M	1.38M	-44.61M	-31.15M

Chijet Motor Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CJET, the sentiment is Positive. The current price of 1.79 is below the 20-day moving average (MA) of 1.80, above the 50-day MA of 1.64, and below the 200-day MA of 2.29, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 58.68 is Neutral, neither overbought nor oversold. The STOCH value of 43.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CJET.

Chijet Motor Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TM	75 Outperform	$219.94B	6.82	14.59%	2.68%	-0.59%	7.56%
LI	75 Outperform	$23.85B	22.85	12.29%	―	15.50%	-32.48%
HMC	74 Outperform	$46.84B	6.92	8.11%	4.07%	4.37%	6.93%
Sector *	60 Neutral	$6.78B	11.63	3.24%	4.20%	2.36%	-21.91%
XPEV	49 Neutral	$17.96B	―	-17.11%	―	32.32%	49.34%
KNDI	48 Neutral	$102.21M	―	-1.59%	―	-11.61%	-22.20%
NIO	45 Neutral	$7.54B	―	-142.49%	―	16.99%	12.99%
CJET	11 Underperform	$9.91M	―	86.35%	―	―	―