DCX—58

Digital Currency X Technology Inc

Auto & Truck ManufacturersVerified

Score breakdown

Sentiment+21Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion93AI synthesis40Observations23

The company’s capital structure is highly leveraged, with total liabilities of $650.05 million exceeding total assets of $470.79 million, resulting in negative equity of $179.27 million [doc:HA-latest]. Liquidity is constrained, as evidenced by a current ratio of 0.11 and negative free cash flow of $46.96 million, indicating insufficient operating cash to cover obligations [doc:HA-latest]. Profitability metrics are sharply negative, with a net loss of $46.89 million and a return on assets of -9.96%, far below the industry median for Auto & Truck Manufacturers. The negative gross profit of $24.83 million and operating loss of $57.28 million suggest operational inefficiencies or pricing pressures [doc:HA-latest]. The company’s revenue is concentrated in vehicle manufacturing and sales, with no disclosed segment breakdown. Geographic exposure is not specified, but the absence of diversified revenue streams increases vulnerability to regional demand shifts [doc:HA-latest]. Growth appears to be declining, with no revenue history provided but a negative operating cash flow of $25.46 million and capital expenditures of $1.09 million, suggesting limited reinvestment in expansion [doc:HA-latest]. Key risks include liquidity constraints, with negative net cash after subtracting total debt, and a high debt-to-equity ratio of -0.53, which amplifies financial leverage risk. Dilution risk is currently low, but the company’s negative equity and operating losses could pressure future capital-raising strategies [doc:HA-latest]. Recent events include a rebranding from Chijet Motor Co Inc to Digital Currency X Technology Inc, though no filings or transcripts are cited in the input data to detail strategic shifts or operational changes [doc:HA-latest].

Profile

CompanyDigital Currency X Technology Inc

TickerDCX.O

SectorConsumer Cyclicals

BusinessAutomobiles & Auto Parts

Industry groupAutomobiles & Auto Parts

IndustryAuto & Truck Manufacturers

AI analysis

Business. Digital Currency X Technology Inc designs, produces, and sells traditional fuel and new energy vehicles, including passenger and commercial models, while providing services across the vehicle value chain [doc:HA-latest].

Classification. The company is classified under Auto & Truck Manufacturers (5310101012) in the Consumer Cyclicals economic sector, with 92% confidence based on verified market data.

Key takeaways

The company operates at a significant net loss, with negative gross and operating profits.
Liquidity is critically low, with a current ratio of 0.11 and negative free cash flow.
Negative equity and high leverage increase financial risk.
No segment or geographic diversification is disclosed, heightening concentration risk.
The rebranding to a digital currency-focused name contrasts with its core automotive operations.
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# RATIONALES
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Financial snapshot

PeriodHA-latest

CurrencyUSD

Revenue$6.9M

Gross profit-$24.8M

Operating income-$57.3M

Net income-$46.9M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow-$25.5M

CapEx-$1.1M

Free cash flow-$47.0M

Total assets$470.8M

Total liabilities$650.1M

Total equity-$179.3M

Cash & equivalents$3.7M

Long-term debt$95.2M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$6.9M-$57.3M-$46.9M-$47.0M

FY-1$9.5M-$88.7M-$68.1M-$69.2M

FY-2$15.0M-$118.3M-$77.3M-$78.8M

FY-3$22.3M-$129.2M-$29.9M-$5.8M

FY-4$26.5M-$106.1M-$29.1M-$31.1M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$470.8M-$179.3M$3.7M—

FY-1$536.5M-$132.8M$10.7M—

FY-2$653.6M-$68.6M$37.9M—

FY-3$809.2M-$8.3M$23.2M—

FY-4$953.3M$19.3M$41.2M—

PeriodOCFCapExFCFSBC

FY0-$25.5M-$1.1M-$47.0M—

FY-1-$40.0M-$5.3M-$69.2M—

FY-2$22.4M-$11.9M-$78.8M—

FY-3-$22.4M-$1.1M-$5.8M—

FY-4-$143.0M-$30.8M-$31.1M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0———-$51.7M

FQ-1————

FQ-2———-$26.5M

FQ-3————

FQ-4———-$20.4M

FQ-5————

FQ-6———-$26.8M

FQ-7————

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$490.9M-$179.6M$352.0k—

FQ-1————

FQ-2$470.8M-$179.3M$3.7M—

FQ-3————

FQ-4$500.3M-$154.0M$1.1M—

FQ-5————

FQ-6————

FQ-7————

PeriodOCFCapExFCFSBC

FQ0$1.6M—-$51.7M—

FQ-1————

FQ-2-$25.5M-$1.1M-$26.5M—

FQ-3————

FQ-4-$16.3M-$1.1M-$20.4M—

FQ-5————

FQ-6-$40.0M-$5.3M-$26.8M—

FQ-7————

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book-$179.3M

Net cash-$91.5M

Current ratio0.1

Debt/Equity-0.5

ROA-10.0%

ROE26.2%

Cash conversion54.0%

CapEx/Revenue-15.7%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Auto & Truck Manufacturers · cohort 1 companies

MetricDCXActivity

Op margin-828.3%10.7% medp25 10.7% · p75 10.7%bottom quartile

Net margin-678.2%9.4% medp25 9.4% · p75 9.4%bottom quartile

Gross margin-359.0%18.0% medp25 14.3% · p75 20.2%bottom quartile

R&D / revenue—4.4% medp25 4.4% · p75 4.4%

CapEx / revenue-15.7%4.3% medp25 4.3% · p75 4.3%bottom quartile

Debt / equity-53.0%52.5% medp25 52.5% · p75 52.5%bottom quartile

Observations

IR observations

market data ESG Score82.42 (0-100, higher is better)

Environment pillar90.53 (0-100)

Social pillar78.94 (0-100)

Governance pillar77.02 (0-100)

ESG controversies score10.56 (0-100, higher = fewer controversies)

ESG gradeA-

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 09:55 UTC#a26174ce

Source: analysis-pipeline (hybrid)Generated: 2026-05-03 09:56 UTCJob: 6852642d