Company research
Scage Future
CIK 2000366Updated Nov 6, 2026
SCAG price & chart
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NASDAQ:SCAG on TradingView ↗About the company
We are an innovative zero-emission solution provider in China, focusing on the development and commercialization of heavy-duty NEV trucks and e-fuel solutions. We have participated in the design, production and testing of several NEV trucks, covering application scenarios for logistics, mining and port transportation. Galaxy II truck that we collaborated in developing is one of the earliest hybrid heavy-duty NEV trucks commercialized in China.
In the news
Scage Future Announces Plan to Implement ADS Ratio Change ↗
Recent filings
6-K filing
NT 20-F filing
6-K filing
6-K filing
F-6 POS - filed by Citibank,N.A./ADR regarding Scage Future
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 |
|---|---|
| ASSETS | |
| AssetsUSD | 26,483,763Source |
| Property, Plant and Equipment, NetUSD | 713,402Source |
| Current assets: | |
| Cash and Cash Equivalents, at Carrying ValueUSD | 90,758Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,580,730Source |
| Inventory, NetUSD | 1,013,303Source |
| Assets, CurrentUSD | 5,015,049Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,075,837Source |
| Operating Lease, Right-of-Use AssetUSD | 126,173Source |
| LIABILITIES AND EQUITY | |
| LiabilitiesUSD | 27,427,061Source |
| Stockholders’ equity: | |
| Common Stock, Value, IssuedUSD | 7,224Source |
| Additional Paid in CapitalUSD | 34,042,059Source |
| Retained Earnings (Accumulated Deficit)USD | -40,217,153Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 900,287Source |
| Stockholders' Equity Attributable to ParentUSD | -5,267,583Source |
| Liabilities and EquityUSD | 26,483,763Source |
| Current liabilities: | |
| Liabilities, CurrentUSD | 25,407,828Source |
| Operating Lease, Liability, CurrentUSD | 131,141Source |
| Accounts Payable, CurrentUSD | 2,713,803Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -327,008Source |
| Additional Financial Items | |
| Accounts Receivable, after Allowance for Credit LossUSD | 2,629,554Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 4,651,293Source |
cash flow · annual statements
| Line item | FY 2025 |
|---|---|
| Cash flows from operating activities: | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -13,065,903Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |
| Depreciation, Depletion and AmortizationUSD | 301,159Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,800,000Source |
| Changes in operating assets and liabilities: | |
| Increase (Decrease) in Accounts ReceivableUSD | 541,885Source |
| Increase (Decrease) in InventoriesUSD | -324,494Source |
| Increase (Decrease) in Accounts PayableUSD | 2,451,497Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -5,894,330Source |
| Cash flows from investing activities: | |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -20,687,386Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 13,490Source |
| Cash flows from financing activities: | |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 24,656,659Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,886,636Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 97,738Source |
| Supplemental disclosure of cash flow information: | |
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 262,370Source |
| Additional Financial Items | |
| Share-based Payment Arrangement, ExpenseUSD | 1,800,000Source |
| Amortization of Debt Issuance CostsUSD | 57,170Source |
| Amortization of Intangible AssetsUSD | 160,401Source |
| DepreciationUSD | 301,159Source |
| Gain (Loss) on InvestmentsUSD | 336,325Source |
| Gain (Loss) on Sale of DerivativesUSD | 328,581Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -45,241Source |
| General and Administrative ExpenseUSD | 10,707,685Source |
| InterestExpenseNonoperatingUSD | 338,243Source |
| Inventory Write-downUSD | 319,413Source |
| Net Income (Loss) Attributable to ParentUSD | -12,943,787Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -121,695Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -12,943,787Source |
| Nonoperating Income (Expense)USD | 348,251Source |
| Operating ExpensesUSD | 12,700,988Source |
| Other Nonoperating Income (Expense)USD | 21,588Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 11,122,585Source |
income statement · annual statements
| Line item | FY 2025 |
|---|---|
| Total RevenueUSD | 11,122,585Source |
| Cost of Goods and Services Sold | —Source |
| Operating Income (Loss)USD | -13,414,154Source |
| Other Nonoperating Income (Expense)USD | 21,588Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -13,065,903Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -121,695Source |
| Net Income (Loss) Attributable to ParentUSD | -12,943,787Source |
| Earnings Per Share, BasicUSD per share | -0.18Source |
| Earnings Per Share, DilutedUSD per share | -0.18Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 72,243,992Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 72,243,992Source |
| Interest Expense (non-operating)USD | 338,243Source |
| Additional Financial Items | |
| Amortization of Intangible AssetsUSD | 160,401Source |
| Direct Costs of Leased and Rented Property or EquipmentCNY | 1,200Source |
| Gain (Loss) on InvestmentsUSD | 336,325Source |
| General and Administrative ExpenseUSD | 10,707,685Source |
| Gross ProfitUSD | -713,166Source |
| Income (Loss) Attributable to Parent, before TaxUSD | 13,065,903Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -12,943,787Source |
| Nonoperating Income (Expense)USD | 348,251Source |
| Operating ExpensesUSD | 12,700,988Source |
| Research and Development ExpenseUSD | 1,545,278Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 11,122,585Source |
| Selling and Marketing ExpenseUSD | 401,840Source |
Offerings
Registration 333-292840
Filing attachments
ea031093301ex99-1.htm · 6-K · 2026-11-04
Exhibit 99.1 Scage Future Enters into Strategic Cooperation Agreement with China Huaye Group NANJING, China, November 4, 2026 /PRNewswire/ -- Scage Future (“Scage Future” or the “Company”) (Nasdaq: SCAG), a provider of new energy and zero-emission heavy-duty commercial vehicles and e-fuel solutions, today announced that its indirect wholly owned subsidiary, Guizhou Scage Tech Ltd., has entered into a strategic cooperation agreement with China Huaye Group Co., Ltd. (“NCMCC”), a major Chinese en…
Read attachment ↗ea031002501ex99-1.htm · 6-K · 2026-10-28
Exhibit 99.1 Scage Future Announces Effective Date for ADS Ratio Change Nanjing, China, October 22, 2026 /PRNewswire/ -- Scage Future (“Scage Future” or the “Company”) (Nasdaq: SCAG), a provider of new energy and zero-emission heavy-duty commercial vehicles and e-fuel solutions, today announced the effective date and new CUSIP number for the previously announced change in the ratio of its American Depositary Shares (“ADSs”) to its ordinary shares (the “ADS Ratio”), from the current ADS Ratio o…
Read attachment ↗ea030867401ex99-1.htm · 6-K · 2026-10-15
Exhibit 99.1 Scage Future Provides Business Update on Deliveries, Technology Portfolio and Growth Initiatives; Initiates Regular Investor Communication NANJING, China, October 11, 2026 - Scage Future (Nasdaq: SCAG) (“Scage” or the “Company”), a provider of new energy and zero-emission heavy-duty commercial vehicles and e-fuel solutions, today provided an update on its commercial progress, technology portfolio and growth initiatives, together with a recap of its Nasdaq listing compliance status…
Read attachment ↗ea030441301ex99-1.htm · 6-K · 2026-09-02
Exhibit 99.1 Scage Future Receives Nasdaq Notifications Regarding Market Value of Listed Securities and Market Value of Publicly Held Shares Requirements NANJING, China, September 2, 2026 - Scage Future (Nasdaq: SCAG) (“Scage” or the “Company”), a zero-emission solution provider of new energy heavy-duty commercial vehicles and e-fuel solutions, today announced that on August 27, 2026 the Company received two notification letters (together, the “Notification Letters”) from the Listing Qualifica…
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