Scage Future (SCAG) AI Stock Analysis
SCAG AI stock analysis summary
AI ResearchScage Future American Depositary Shares (SCAG) develops and commercializes heavy-duty new electric vehicle trucks and e-fuel solutions in China. While revenue grew 82.0% to $11.1M in FY2025, the company recorded a net loss of -$215,486 and negative operating cash flow of -$877,915. Its balance sheet shows $90,758 in cash alongside $15.0M in total debt as of June 30, 2025.
- Market cap
- $12.4M
- Revenue (TTM)
- $17.6M
- P/E
- —
- 1Y return
- -93.3% S&P 500 16.8%
- Avg. target
- —
Bull case
- Revenue grew 82.0% in FY2025 to reach $11.1M, supported by a 3-year revenue CAGR of 241.8%.
- Annual net losses narrowed substantially from -$5.6M in FY2022 to -$215,486 in FY2025.
- The company trades at a price-to-sales ratio of 0.7x, which is below the US-listed Industrials peer median of 1.5x.
Bear case
- The company faces severe liquidity pressure with just $90,758 in cash against $15.0M in total debt and a current ratio of 0.20.
- Shareholders' equity was negative at -$5.3M as of June 30, 2025, paired with a trailing twelve-month profit margin of -71.8%.
- The stock plunged 93.3% over the past year to close at $0.17 on October 16, 2026, falling well below its 52-week high of $51.00.
What Scage Future does
Scage Future, together with its subsidiaries, develops and commercializes heavy-duty new electric vehicle (NEV) trucks and e-fuel solutions in the People's Republic of China. Its portfolio features the Dragon King plug-in hybrid dump truck, Galaxy II plug-in hybrid truck, Q-truck autonomous tractor trailer, Andromeda all-electric semi-tractor, Andromeda+ hydrogen-electric hybrid semi-tractor, and Sky Turtle unmanned dump truck. The company also offers farm tractors, port tractors, and wide-body hybrid mining vehicles, along with vehicle parts like flat wire motors, two-speed gearboxes, and P2 hybrid systems. Additionally, it provides repair services, vehicle rental, and clean energy systems.
Growth and profitability
Scage Future has expanded revenue rapidly, posting a 3-year revenue CAGR of 241.8% from FY2022 to FY2025. Annual revenue rose from $278,660 in FY2022 and $437,970 in FY2023 to $6.1M in FY2024 and $11.1M in FY2025, reflecting 82.0% growth in FY2025. Operating margin improved from -1889.5% in FY2022 to -14.6% in FY2025, while net losses narrowed from -$5.6M to -$215,486. For the trailing twelve months ended December 31, 2024, revenue stood at $17.6M with a profit margin of -71.8% and an operating margin of -23.7%. In that latest quarter, quarterly revenue grew 91.3% year-over-year, while EPS was -$0.18 on a trailing basis.
Balance sheet and cash flow
As of June 30, 2025, Scage Future held $90,758 in cash and short-term investments against $15.0M in total debt, resulting in net debt of $14.9M. Liquidity is constrained with a current ratio of 0.20 and negative shareholders' equity of -$5.3M out of $26.5M in total assets. During FY2025, operating cash flow was -$877,915 and free cash flow was -$877,920. Capital expenditures were minimal at $5, while share buybacks totaled $43.1M.
Valuation and performance
With a market capitalization of $12.4M and an enterprise value of $32.1M, SCAG trades at a price-to-sales multiple of 0.7x and an EV-to-revenue multiple of 1.8x. Its price-to-sales ratio stands below the 1.5x median of its US-listed Industrials peers. Over the past year, the stock fell 93.3% and declined 91.6% year-to-date, trading 82.0% below its 200-day average at a last close of $0.17 on October 16, 2026. This performance trailed the S&P 500 benchmark, which delivered a 1-year return of 16.8%.
What analysts expect
There are no analyst ratings, earnings estimates, or target prices reported for Scage Future American Depositary Shares. The company also does not have reported historical earnings surprise data or a scheduled upcoming earnings date. Founded in 2019 and listed through an initial public offering in 2025, the firm has 99 employees, with insiders controlling 71.6% of shares and institutions holding 0.1%.
Key risks and what to watch
- Net debt reached $14.9M with only $90,758 in cash and short-term investments as of June 30, 2025, creating critical refinancing risk.
- Operating cash flow remained negative at -$877,915 in FY2025, raising questions about ongoing operational funding.
- High insider ownership of 71.6% leaves institutional ownership at just 0.1%, which may limit public float liquidity.
- The stock trades 82.0% below its 200-day average after a 91.6% year-to-date decline, reflecting persistent downward market momentum.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SCAG AI stock analysis
This page is an AI-written research summary of Scage Future (SCAG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: SCAG income statement, SCAG balance sheet, SCAG key metrics, SCAG chart. See the SCAG stock overview for the latest quote and news.
SCAG AI stock analysis FAQ
What does Scage Future do?
Scage Future develops and commercializes heavy-duty new electric vehicle trucks and clean energy systems in China. Its vehicle lineup includes hybrid dump trucks, autonomous tractor trailers, and electric semi-tractors, alongside component manufacturing and maintenance services.
How fast is Scage Future growing?
Scage Future achieved a 3-year revenue CAGR of 241.8% from FY2022 to FY2025. Annual revenue grew 82.0% to $11.1M in FY2025, while quarterly revenue expanded 91.3% year-over-year in the quarter ended December 31, 2024.
What is Scage Future's financial condition?
As of June 30, 2025, the company had $90,758 in cash and short-term investments compared to $15.0M in total debt. It reported a low current ratio of 0.20 and negative shareholders' equity of -$5.3M.
Does Scage Future pay a dividend?
No, Scage Future does not pay a dividend. The company is unprofitable, recording a net loss of -$215,486 in FY2025.
How has SCAG stock performed recently?
SCAG stock fell 93.3% over the past year and declined 91.6% year-to-date to close at $0.17 on October 16, 2026. This compares to a 16.8% 1-year gain for the S&P 500.