Industrials · Industrial - Machinery
Price
$0.45
Market Cap
$33.0M
Employees
99
Beta
-0.27
Avg Volume
4,022,598
CEO
Chao Gao
Business Description
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. The company offers Dragon King, a plug-in hybrid dump truck for mining, and other heavy-duty loading and offloading applications; Galaxy II, a plug-in hybrid truck for long-distance road transportation and logistics service applications; Q-truck, an autonomous tractor trailer for smart transportation; Andromeda, an all-electric semi-tractor truck for road and port transportation; Andromeda+, a hydrogen-electric hybrid semi-tractor truck for long-distance road and port transportation; and Sky Turtle, an unmanned plug-in hybrid dump truck for off-road mining. It also provides farm tractors, all-electric port tractors, long-endurance hybrid power tractors, and wide-body and high-power hybrid mining vehicles; vehicle parts and components, including flat wire motors, two-speed gearboxes, motor and integrated vehicle controllers, electric drive axles, P2 hybrid systems, and other components; vehicle modification and warranty services; and after-sales services, including vehicle repair and maintenance. In addition, the company engages in the research and development of new energy technology, electronic devices, and machinery; wholesale and retail of new energy vehicles, production and testing equipment, auto parts, and electronic devices; development of solid oxide electrolyzers and clean energy systems; and vehicle rental activities. Scage Future was founded in 2019 and is headquartered in Nanjing, China.
Business History
Price Overview
Last updated: Jun 27, 2026 7:59am (just now)$0.45
-0.21 (-31.22%)
Day Range
$0.41 – $0.51
52-Week Range
$0.25 – $24.47
50-Day MA
$0.67
200-Day MA
$1.75
Volume
19,594,290.00
Share Structure
Outstanding
72,609,665.00
Float
26,627,329.00
Free Float
36.7%
Moderate free float
— 36.7% of shares trade freely, ~63.3% held by insiders/institutions
Reasonable but insiders still hold a significant stake. This can be positive (skin in the game) but may limit liquidity during sell-offs.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-15.35
Stock Price: $0.45
EPS (Diluted): -0.03
EPS (Diluted): -0.03
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
21.37
Stock Price: $0.45
Total Equity: $5.12M
Shares: 7,290,975
Total Equity: $5.12M
Shares: 7,290,975
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-166.55
Market Cap: $33.00M
Total Debt: $2.89M
Cash: $769.00
EBITDA: -$215,486
Total Debt: $2.89M
Cash: $769.00
EBITDA: -$215,486
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$112.3M
Market Cap: $33.00M
Total Debt: $2.89M
Cash: $769.00
Total Debt: $2.89M
Cash: $769.00
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.00
Stock Price: $0.45
Revenue: $0.00
Shares: 7,290,975
Revenue: $0.00
Shares: 7,290,975
EV/Sales (Total value vs revenue — works when P/E can't)
API0.00
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
0.0%
Gross Profit: $0.00
Revenue: $0.00
Revenue: $0.00
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
0.0%
Operating Income: -$1.62M
Revenue: $0.00
Revenue: $0.00
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
0.0%
Net Income: -$215,486
Revenue: $0.00
Revenue: $0.00
ROE (Profit from shareholder equity)
APINet Income / Total Equity
2.1%
Net Income: -$215,486
Total Equity: $5.12M
Total Equity: $5.12M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-20.2%
Operating Income: -$1.62M
Tax Rate: 0.0%
Equity: $5.12M
Total Debt: $2.89M
Cash: $769.00
Tax Rate: 0.0%
Equity: $5.12M
Total Debt: $2.89M
Cash: $769.00
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.00
Current Assets: $24,799
Current Liabilities: $5.11M
Current Liabilities: $5.11M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.56
Short-Term Debt: $2.89M
Long-Term Debt: $0.00
Total Debt: $2.89M
Total Equity: $5.12M
Long-Term Debt: $0.00
Total Debt: $2.89M
Total Equity: $5.12M
Rev/Share (Top-line per share)
Revenue / Shares Outstanding
—
Revenue: $0.00
Shares: 7,290,975
Shares: 7,290,975
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$0.70
Total Equity: $5.12M
Shares: 7,290,975
Shares: 7,290,975
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.12
Operating CF: -$877,915
CapEx: -$5.00
Shares: 7,290,975
CapEx: -$5.00
Shares: 7,290,975
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $0.45
Stock Price: $0.45
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$215,486
Net Income: -$215,486
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares SCAG against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 12:12pm (2d ago)| Metric | 2022 | 2023 | 2024 | 2024 |
|---|---|---|---|---|
| Revenue | $278,660 | $437,970 | $6.1M | $0 |
| Cost of Revenue | $651,078 | $795,286 | $5.6M | $0 |
| Gross Profit | $-372,418 | $-357,316 | $536,456 | $0 |
| Operating Expenses | $4.9M | $6.4M | $6.4M | $1.6M |
| Operating Income | -$5.3M | -$6.7M | -$5.9M | -$1.6M |
| Net Income | -$5.6M | -$9.6M | -$7.7M | $-215,486 |
| EBITDA | -$4.7M | -$5.8M | -$4.9M | $-215,486 |
| EPS | $-0.08 | $-0.13 | $-0.11 | $-0.03 |
| EPS (Diluted) | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 12:12pm (2d ago)| Metric | 2022 | 2023 | 2024 | 2024 |
|---|---|---|---|---|
| Cash & Equivalents | $77,175 | $172,703 | $2.0M | $769 |
| Total Current Assets | $4.3M | $6.0M | $8.6M | $24,799 |
| Total Assets | $6.7M | $8.4M | $10.6M | $10.2M |
| Current Liabilities | $3.1M | $7.2M | $12.7M | $5.1M |
| Long-Term Debt | $997,700 | $863,945 | $0 | $0 |
| Total Liabilities | $16.9M | $26.9M | $36.8M | $5.1M |
| Total Equity | -$10.1M | -$18.4M | -$26.0M | $5.1M |
| Retained Earnings | -$10.1M | -$19.6M | -$27.3M | -$5.1M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 12:12pm (2d ago)| Metric | 2022 | 2023 | 2024 | 2024 |
|---|---|---|---|---|
| Operating Cash Flow | -$6.5M | -$4.9M | -$6.2M | $-877,915 |
| Capital Expenditure | $-886,536 | $-166,170 | $-51,292 | $-5 |
| Free Cash Flow | -$7.4M | -$5.1M | -$6.3M | $-877,920 |
| Acquisitions (net) | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — |
| Dividends Paid | — | — | — | — |
| Stock Buybacks | $0 | $0 | -$132.6M | -$43.1M |
| Net Change in Cash | -$3.6M | $991,349 | $908,385 | $732 |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 12:12pm (2d ago)| Metric | 2023 | 2024 | 2024 |
|---|---|---|---|
| Revenue Growth | +57.2% | +1,295.3% | -100.0% |
| Gross Profit Growth | +4.1% | +250.1% | -100.0% |
| Operating Income Growth | -27.6% | +12.6% | +72.4% |
| Net Income Growth | -72.1% | +20.3% | +97.2% |
| EBITDA Growth | -22.6% | +16.1% | +95.6% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-18 | Peng Qiuliang | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Wang Yixian | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Guo Yuanchi | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Guan Ziqian | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Xiang Jie | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Chen Kevin | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Gao Chao | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Gao Chao | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Kung Calvin | 0.00 | $0.00 | $0 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for SCAG — it's generated by the pipeline (
market-narrative step).
No community reviews yet for SCAG.
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30