C
Smart Powerr Corp.
CREGCIK 0000721693NasdaqNon-AcceleratedSmaller ReportingServices-Business Services, NecNevadaFY ends Dec 31
Period
FY 2025
Revenue
$262.5K
Net Income
$-2.90M
Total Assets
$157.64M
Equity
$143.15M
Shares Out
22.96M
Op. Cash Flow
$66.91M
Business
Smart Powerr Corp. is a holding company that designs, finances, constructs, operates and transfers waste energy recycling projects in China through subsidiaries. The company develops waste heat, waste pressure, and waste gas power generation systems that capture industrial byproducts to generate electricity for energy-intensive manufacturers. Smart Powerr provides systems to customers in steel, cement, nonferrous metals, coal and petrochemical industries across multiple Chinese provinces, and is transitioning into energy storage integrated solutions for photovoltaic and wind power applications.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 262,509 | — | — | — | — | |
| Cost of revenues | −145,895 | — | — | — | — | |
| Total Gross Profit | 116,614 | — | — | — | — | |
| General and administrative | 3 | 1 | 798,473 | 2 | 842,842 | |
| Total operating expenses | 3 | 1 | 798,473 | 4 | 808,154 | |
| Loss from operations | −3 | −1 | −798,473 | −4 | −808,154 | |
| Interest income | 113,866 | 132,349 | 251,668 | 431,489 | 414,468 | |
| Interest expense | −422,112 | −478,328 | −435,241 | — | — | |
| Other income (expenses), net | 464,346 | −105,568 | 339,251 | −117,047 | −172,096 | |
| Total non-operating income (expenses), net | 156,100 | −451,547 | 148,387 | −507,242 | −11 | |
| Loss before income tax | −3 | −2 | −650,086 | −4 | −12 | |
| Income tax expense | 40,536 | 13,997 | 96,700 | 69,652 | −53,140 | |
| Net loss | −3 | −2 | −746,786 | −4 | −12 | |
| Foreign currency translation profit/(loss) | 6 | −4 | −2 | — | — | |
| Comprehensive income/(loss) | 3 | −6 | −3 | −16 | −9 | |
| Weighted average shares used for computing basic loss per share (in Shares) | 15 | 9 | 8 | 7 | 6 | |
| Weighted average shares used for computing diluted loss per share (in Shares) | 15 | 9 | 8 | 7 | 6 | |
| Basic net loss per share (in Dollars per share) | −0.19 | −0.18 | −0.1 | −0.61 | −2.18 | |
| Diluted net loss per share (in Dollars per share) | −0.19 | −0.18 | −0.1 | −0.61 | −2.18 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 40,156 | 25,341 | 32,370 | 139 | 152 | |
| VAT receivable | — | 165,629 | 170,694 | 173,589 | — | |
| Advance to supplier | — | 65 | 67 | — | — | |
| Short term loan receivables | 157 | 56 | 69 | — | — | |
| Other receivables | 32,853 | 49,747 | 48,519 | 49,690 | 880,612 | |
| Total current assets | 157 | 121 | 136 | 139 | 153 | |
| Right-of-use asset, net | 61,092 | 115,068 | — | — | 132,549 | |
| Intangible Asset, net | 752,865 | 3,875 | — | — | — | |
| Fixed assets, net | 4,045 | — | 3,994 | 4,653 | 5,728 | |
| Total non-current assets | 818,002 | 118,943 | 3,994 | 4,653 | 155,469 | |
| TOTAL ASSETS | 158 | 121 | 136 | 139 | 153 | |
| Accounts payable | 122,240 | 68,003 | 70,083 | 71,271 | 77,854 | |
| Contract liabilities | 107,249 | — | — | — | — | |
| Taxes payable | 4 | 4 | 4 | 4 | 3 | |
| Accrued interest on notes | 23,224 | 69,103 | 2,290 | 261,035 | — | |
| Notes payable, net of unamortized OID of $0 and $31,250, respectively | 2 | 5 | 5 | 6 | 7 | |
| Accrued liabilities and other payables | 3 | 3 | 3 | 3 | 632,808 | |
| Lease liability | 61,092 | 58,529 | — | 62,178 | 67,920 | |
| Payable for purchase of 10% equity interest of Zhonghong | 428,994 | 410,998 | 423,567 | — | — | |
| Interest payable on entrusted loans | 347,591 | 341,129 | 341,459 | 347,249 | — | |
| Total current liabilities | 11 | 13 | 24 | 24 | 24 | |
| Taxes payable | 3 | 3 | 3 | 4 | 5 | |
| Lease liability | — | 56,539 | — | — | 64,628 | |
| Total noncurrent liabilities | 3 | 3 | 3 | 4 | 5 | |
| Total liabilities | 14 | 17 | 27 | 28 | 29 | |
| CONTINGENCIES AND COMMITMENTS | — | — | — | — | — | |
| Common stock, $0.001 par value; 100,000,000 shares authorized, 20,951,878 and 7,391,996 shares issued and outstanding | 44,332 | 9,161 | 7,963 | 7,392 | 7,044 | |
| Additional paid in capital | 202 | 166 | 165 | — | — | |
| Statutory reserve | 15 | 15 | 15 | 15 | 15 | |
| Accumulated other comprehensive loss | −9 | −14 | −10 | −8 | 3 | |
| Accumulated deficit | −65 | −62 | −60 | −60 | −55 | |
| Total stockholders equity | 143 | 105 | 109 | 111 | 125 | |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | 158 | 121 | 136 | 139 | 153 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization of OID and debt issuing costs of notes | — | 573,983 | 31,250 | 194,355 | 168,750 | |
| Bad debt expense | — | 200,000 | 7,095 | — | — | |
| Depreciation of fixed assets | −170 | 119 | — | — | — | |
| Amortization of intangible assets | 47,135 | — | — | — | — | |
| Stock compensation expense | 831,520 | — | — | — | — | |
| Operating lease expenses | 56,539 | 60,066 | 62,218 | 65,185 | 67,959 | |
| Interest expense | 422,112 | 66,483 | — | — | — | |
| Advance to supplier | 68 | — | −68 | 857,500 | — | |
| Other receivables | 18,765 | −1,228 | −5,280 | 7,822 | 3,610 | |
| Accounts payable | 1,259 | — | — | — | — | |
| Contract Liabilities | 107,249 | 4,571 | — | — | — | |
| Taxes payable | 185,657 | — | −11,774 | 1,086 | −686,897 | |
| Payment of lease liability | −56,539 | −60,066 | −62,218 | −65,185 | −67,959 | |
| Accrued liabilities and other payables | 124,798 | 499,945 | 367,436 | 3 | 434,495 | |
| Entrusted loan payable | — | −11 | — | — | — | |
| Net cash generated from (used in) operating activities | 67 | −11 | −68 | −351,880 | −2 | |
| Short term loan receivable increase | −157 | −56 | — | — | — | |
| Short term loan receivable collection | 58 | 67 | — | — | — | |
| Acquisition of Intangible assets | −750,000 | — | — | — | — | |
| Net cash (used in) generated from investing activities | −99 | 11 | −69 | — | — | |
| Issuance of common stock | 32 | — | — | — | 38 | |
| Net cash provided by financing activity | 32 | — | — | — | 43 | |
| EFFECT OF EXCHANGE RATE CHANGE ON CASH | 441,228 | −274,129 | −2 | — | — | |
| NET INCREASE / (DECREASE) IN CASH | 14,815 | −7,029 | −139 | −13 | 44 | |
| Income tax paid | 38,551 | 25,898 | — | — | — | |
| Interest paid | — | — | — | — | — | |
| Right-of-use asset obtained in exchange for lease liabilities | — | 1 | — | — | — | |
| Conversion of notes into common shares | 3 | 11 | — | — | — |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro
Frequently asked questions
What is Smart Powerr Corp.'s CIK number?
Smart Powerr Corp.'s SEC CIK number is 0000721693 (721693). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Smart Powerr Corp.'s SEC filings?
All of Smart Powerr Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.