China Evergrande New Energy Vehicle Group Limited

Over the last four quarters, China Evergrande New Energy Vehicle Group Limited achieved steady financial progress, growing revenue from $1.56B in Q2 2022 to $38.68M in Q2 2024. Gross profit stayed firm with margins at 6% in Q2 2024 versus 15% in Q2 2022. Operating income totaled -$690.50M in Q2 2024, maintaining a -1785% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$19.06B. Net income dropped to -$20.42B, with EPS at -$2.02. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.