Company research
Elong Power Holding Ltd.
CIK 2015691Updated Nov 7, 2026
SecurityELPW · NASDAQ · equity
ELPW price & chart
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NASDAQ:ELPW on TradingView ↗About the company
Elong Power Holding Limited is an exempted company incorporated under the laws of the Cayman Islands. Adhering to its development strategy of “Asset-Light, R&D-Intensive, AI + Energy Storage, Global Scenario Layout”, the Company focuses on lithium battery energy storage system core business, with strategic layout covering overseas residential & commercial and industrial (C&I) energy storage, as well as grid-side energy storage in China. The Company is committed to delivering high-reliability, cost-effective and intelligent energy storage system solutions to global customers. Elong Power is chaired and led by Ms. Xiaodan Liu as Chief Executive Officer.
In the news
Elong Power Holding Limited Announces Pricing of US$6.6 Million Public Offering ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q2 2025 | Q2 2024 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|
| ASSETS | |||||
| AssetsUSD | 27,187,528Source | — | 27,741,235Source | 26,631,087Source | 37,503,085Source |
| Property, Plant and Equipment, NetUSD | 991,236Source | — | 117,453Source | 855,190Source | 13,134,762Source |
| Current assets: | |||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 74,623Source | — | 443,678Source | 146,514Source | 756Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 145,407Source | — | 889,533Source | 64,159Source | 991,212Source |
| Inventory, NetUSD | 1,343,441Source | — | — | 1,428,197Source | 2,813,699Source |
| Assets, CurrentUSD | 10,477,473Source | — | 11,877,093Source | 10,471,308Source | 5,687,188Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,609,256Source | — | 2,066,487Source | 1,560,119Source | 1,114,474Source |
| Operating Lease, Right-of-Use AssetUSD | 15,638,091Source | — | 71,751Source | 15,207,546Source | 16,607,520Source |
| Other Assets, NoncurrentUSD | — | — | — | — | 98,593Source |
| LIABILITIES AND EQUITY | |||||
| LiabilitiesUSD | 46,584,492Source | — | 50,485,095Source | 43,081,812Source | 36,524,749Source |
| Stockholders’ equity: | |||||
| Additional Paid in CapitalUSD | 51,070,104Source | — | 51,070,354Source | 3,400,000Source | — |
| Retained Earnings (Accumulated Deficit)USD | -71,559,172Source | — | -74,474,141Source | -68,903,695Source | -38,790,191Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 382,963Source | — | -48,964Source | 673,725Source | 557,087Source |
| Stockholders' Equity Attributable to ParentUSD | -19,396,964Source | -2,782,161Source | -22,743,860Source | -16,450,725Source | 978,336Source |
| Additional Paid in Capital, Common StockUSD | — | — | — | 51,070,184Source | 38,502,520Source |
| Liabilities and EquityUSD | 27,187,528Source | — | 27,741,235Source | 26,631,087Source | 37,503,085Source |
| Current liabilities: | |||||
| Liabilities, CurrentUSD | 22,754,159Source | — | 25,887,182Source | 20,361,778Source | 14,972,816Source |
| Operating Lease, Liability, CurrentUSD | 54,879Source | — | 32,074Source | — | 1,578,006Source |
| Accounts Payable, CurrentUSD | 1,143,934Source | — | 875,063Source | 1,072,090Source | 1,176,850Source |
| Operating Lease, Liability, NoncurrentUSD | 23,237,507Source | — | 41,644Source | 21,946,223Source | 20,388,865Source |
| Additional Financial Items | |||||
| Accrued Liabilities, CurrentUSD | 6,579,575Source | — | 1,812,778Source | 6,325,810Source | 3,799,292Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | — | 246,482Source |
| Short-term InvestmentsUSD | 7,028,594Source | — | 7,165,232Source | 7,028,594Source | — |
cash flow · annual statements
| Line item | Q2 2025 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | 55,239Source | 1,713,096Source | 1,385,840Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | 1,001,456Source | 288,633Source | -531,003Source |
| Increase (Decrease) in InventoriesUSD | — | -1,172,623Source | -2,163,935Source | -1,261,751Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | -2,664,540Source | -2,823,640Source | -5,693,128Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -160,911Source | -7,775,976Source | -548,931Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 160,911Source | 976Source | 548,931Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | 3,098,155Source | 10,595,838Source | 6,369,570Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | 254,543Source | 9,419Source | -856,972Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 200,528Source | 572,544Source | 318,001Source | 308,582Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | 22,876Source | 60,492Source |
| Income Taxes Paid, NetUSD | — | — | — | 2,155Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | 53,160Source | 43,005Source |
| DepreciationUSD | — | 43,852Source | 1,690,514Source | 1,342,835Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | -294,559Source | 50,336Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | 172,305Source | — |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | 3,376Source | 154,589Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 366,708Source | -52,220Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | 34,233Source | — | — |
| General and Administrative ExpenseUSD | — | 1,449,764Source | 13,005,080Source | 3,197,349Source |
| Goodwill, Impairment LossUSD | — | — | 10,350,589Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -2,102,016Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | -2,100,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | -3,470,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | -3,468,430Source | — | — |
| InterestExpenseNonoperatingUSD | — | 469,624Source | 362,675Source | 101,130Source |
| Inventory Write-downUSD | — | 277,780Source | -773,119Source | 184,713Source |
| Investment Income, InterestUSD | — | 47Source | 38,572Source | 18,656Source |
| Net Income (Loss) Attributable to ParentUSD | — | -5,570,446Source | -30,113,504Source | -7,446,001Source |
| Nonoperating Income (Expense)USD | — | -626,985Source | -991,619Source | 498,648Source |
| Operating ExpensesUSD | — | 1,558,049Source | 25,659,594Source | 4,030,602Source |
| Operating Lease, ExpenseUSD | — | 26,719Source | — | — |
| Other Nonoperating Income (Expense)USD | — | 137,151Source | -717,852Source | 456,437Source |
| Proceeds from Contributed CapitalUSD | — | — | — | 4,236,649Source |
| Realized Investment Gains (Losses)USD | — | — | 28,594Source | 0Source |
| Unrealized Gain (Loss) on InvestmentsUSD | — | 136,638Source | 28,594Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 2,053,466Source | 386,940Source | 3,162,739Source |
| Cost of Goods and Services Sold | —Source | —Source | —Source |
| Selling, General and Administrative ExpenseUSD | 26,146Source | 105,996Source | 218,111Source |
| Operating Income (Loss)USD | -1,475,031Source | -29,121,885Source | -7,944,649Source |
| Other Nonoperating Income (Expense)USD | 137,151Source | -717,852Source | 456,437Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,102,016Source | -30,113,504Source | -7,446,001Source |
| Net Income (Loss) Attributable to ParentUSD | -5,570,446Source | -30,113,504Source | -7,446,001Source |
| Earnings Per Share, BasicUSD per share | -143.18Source | -0.51Source | -0.17Source |
| Earnings Per Share, DilutedUSD per share | -143.18Source | -0.51Source | -0.17Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | 45,554,093Source | 45,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | 45,554,093Source | 45,000,000Source |
| Interest Expense (non-operating)USD | 469,624Source | 362,675Source | 101,130Source |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | — | 53,160Source | 43,005Source |
| Benefits, Losses and ExpensesUSD | 10,769Source | 131,034Source | 301,274Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -294,559Source | 50,336Source | — |
| General and Administrative ExpenseUSD | 1,449,764Source | 13,005,080Source | 3,197,349Source |
| Goodwill, Impairment LossUSD | — | 10,350,589Source | — |
| Gross ProfitUSD | 83,018Source | -3,462,291Source | -3,914,047Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -2,102,016Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -2,100,000Source | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -54.03Source | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -54.03Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -3,470,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -3,468,430Source | — | — |
| Interest ExpenseUSD | 398,920Source | — | — |
| Investment Income, InterestUSD | 47Source | 38,572Source | 18,656Source |
| Investment Income, NetUSD | 136,638Source | — | — |
| Nonoperating Income (Expense)USD | -626,985Source | -991,619Source | 498,648Source |
| Operating ExpensesUSD | 1,558,049Source | 25,659,594Source | 4,030,602Source |
| Operating Lease, ExpenseUSD | 26,719Source | — | — |
| Other IncomeUSD | — | 35,801Source | — |
| Realized Investment Gains (Losses)USD | — | 28,594Source | 0Source |
| Research and Development ExpenseUSD | — | 108,863Source | 873,968Source |
| Selling ExpenseUSD | 26,146Source | 105,996Source | 218,111Source |
Offerings
Registration 333-298531
Registration 333-297612
- Gross proceeds
- 1375999.92
- Net proceeds
- 1279679.93
- Deal price
- 0.12
- Shares
- 11466666
- Offering price
- $0.12
- Ticker
- ELPW
Registration 333-297290
- Gross proceeds
- 6600000.0
- Net proceeds
- 6138000.0
- Deal price
- 0.4
- Shares
- 16500000
- Offering price
- $0.40
- Ticker
- ELPW
Registration 333-295783
- Gross proceeds
- 6000150.0
- Net proceeds
- 5580139.5
- Deal price
- 1.3
- Shares
- 4615500
- Offering price
- $1.30
- Ticker
- ELPW
Registration 333-293527
- Gross proceeds
- 8062961.0
- Net proceeds
- 7498553.0
- Deal price
- 0.3231
- Shares
- 24955002
- Offering price
- $0.3231
- Ticker
- ELPW
Registration 333-292937
- Gross proceeds
- 8721600.0
- Net proceeds
- 8023872.0
- Deal price
- 3.16
- Shares
- 2760000
- Offering price
- $3.16
- Ticker
- ELPW
Underwriters: Maxim Group LLC
Filing attachments
ex4-1.htm · 6-K · 2026-11-06
Exhibit 4.1 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSA…
Read attachment ↗ex99-1.htm · 6-K · 2026-11-06
Exhibit 99.1 Elong Power Holding Limited Enters into Approximately $3.26 Million Warrant Inducement BEIJING, November 5, 2026 /GlobeNewswire/-- Elong Power Holding Limited (Nasdaq: ELPW) (“Elong Power” or the “Company”), a comprehensive provider dedicated to the R&D, sales and scenario-oriented system solutions of lithium-ion battery energy storage systems, today announced it has entered into a warrant inducement agreement with certain existing institutional investors for the immediate exercis…
Read attachment ↗ex99-1.htm · 6-K · 2026-11-05
Exhibit 99.1 Elong Power Holding Limited (NASDAQ: ELPW) Announces Subsidiary’s Entry into a Three-Year Cooperation Agreement Worth at least RMB2 Billion (～US$300 Million), Achieving a Major Breakthrough in Domestic Grid-Side Energy Storage Supply Beijing, November 5, 2026 /Globe Newswire/ - Elong Power Holding Limited (NASDAQ: ELPW, hereinafter referred to as “Elong Power” or the “Company”) today announced that its wholly-owned subsidiary, Elong Power (Beijing) Co., Ltd. (“Elong Beijing”), has…
Read attachment ↗ex99-1.htm · 6-K · 2026-10-28
Exhibit 99.1 Elong Power Holding Limited (NASDAQ: ELPW) Announces Subsidiary’s Entry into a US$25.5 Million Annual Cooperation Agreement, Marking a Critical Step Forward in Its Global Distribution Expansion Beijing, October 28, 2026 /Globe Newswire/ - Elong Power Holding Limited (NASDAQ: ELPW, hereinafter referred to as “Elong Power” or the “Company”) today announced that its subsidiary, Elong Power (Hong Kong) Holding Limited (“Elong Hong Kong”), has entered into a one-year omnichannel cooper…
Read attachment ↗ex99-1.htm · 6-K · 2026-10-16
Exhibit 99.1 Elong Power Holding Limited 3 Yan Jing Li Zhong Jie, Jiatai International Plaza, Block B, Room 2110, Beijing, China 100025 PROXY STATEMENT AND NOTICE OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 30, 2026 at 10:00 A.M. BEIJING TIME (OCTOBER 29, 2026 at 10:00 P.M. EASTERN TIME) NOTICE OF AN EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS October 16, 2026 Dear Shareholder: Notice is hereby given that an extraordinary general meeting of shareholders (t…
Read attachment ↗ex99-2.htm · 6-K · 2026-10-16
Exhibit 99.2 Control Number Registered Number: of Shares: Shareholder: ───────────────────────────────────────────── Elong Power Holding Limited 3 Yan Jing Li Zhong Jie Jiatai International Plaza Block B, Room 2110 Beijing, China 100025 PROXY An Extraordinary General Meeting of Shareholders To Be Held on October 30, 2026 at 10:00 a.m. Beijing Time (October 29, 2026 at 10:00 p.m. Eastern Time) The undersigned hereby appoints Xiaodan Liu as proxy with full po…
Read attachment ↗