Farasis Energy Overview
- Year Founded
-
2002
- Status
-
Public
- Employees
-
6,554
- Stock Symbol
-
688567
- Investments
-
5
- Share Price
-
$1.61
- (As of Thursday Closing)
Farasis Energy General Information
Description
Farasis Energy (Gan Zhou) Co Ltd is engaged in producing and selling lithium-ion power batteries and vehicle battery systems for new energy vehicles and provides overall solutions for power batteries for new energy vehicle manufacturers.
Contact Information
Website
farasis.comCorporate Office
- Jinling West Road
- Ganzhou Economic and Technological Development Zone
- Ganzhou, Jiangxi 341000
- China
Corporate Office
- Jinling West Road
- Ganzhou Economic and Technological Development Zone
- Ganzhou, Jiangxi 341000
- China
Farasis Energy Stock Performance
As of 05-Dec-2024, Farasis Energy’s stock price is $1.61. Its current market cap is $1.97B with 1.22B shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.61 | $1.60 | $1.16 - $2.53 | $1.97B | 1.22B | 13M | -$0.07 |
Farasis Energy Financials Summary
As of 30-Sep-2024, Farasis Energy has a trailing 12-month revenue of $2.01B.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 1,559,942 | 1,986,606 | 4,355,479 | 5,218,222 |
| Revenue | 2,008,403 | 2,323,208 | 1,720,696 | 542,052 |
| EBITDA | (64,274) | (163,335) | (54,614) | (112,497) |
| Net Income | (84,753) | (263,997) | (137,647) | (147,547) |
| Total Assets | 3,585,252 | 4,252,558 | 4,656,585 | 3,284,610 |
| Total Debt | 518,342 | 614,928 | 704,759 | 429,932 |
Farasis Energy Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Farasis Energy Comparisons
Industry
Financing
Details
Farasis Energy Competitors (14)
One of Farasis Energy’s 14 competitors is Reliance Lithium Werks, a Formerly VC-backed company based in Enschede, Netherlands.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Reliance Lithium Werks | Formerly VC-backed | Enschede, Netherlands | ||||
| NanoGraf | Venture Capital-Backed | Chicago, IL | ||||
| CODA Energy | Formerly PE-Backed | Monrovia, CA | ||||
| Powerguard (Electrical Equipment) | Corporation | Louth Lincolnshire, United Kingdom | ||||
| Prieto Battery | Venture Capital-Backed | Fort Collins, CO |
Farasis Energy Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Farasis Energy Patents
Farasis Energy Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240387951-A1 | Battery component and assembly process thereof | Pending | 16-Mar-2023 | ||
| EP-4372891-A1 | Battery device and preparation method therefor | Pending | 16-Jul-2021 | ||
| EP-4145577-A1 | Acrylate, electrolyte raw material composition containing acrylate, electrolyte, and use thereof | Pending | 28-Apr-2020 | ||
| EP-4145577-A4 | Acrylate, electrolyte raw material composition containing acrylate, electrolyte, and use thereof | Pending | 28-Apr-2020 | ||
| US-20210151812-A1 | Battery module and vehicle with the same | Inactive | 18-Nov-2019 | H01M10/486 |
Farasis Energy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Farasis Energy Investments & Acquisitions (5)
Farasis Energy’s most recent deal was a Early Stage VC with Qing Energy. The deal was made on 23-Nov-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Qing Energy | 23-Nov-2023 | Early Stage VC | BPO/Outsource Services | ||
| ECARX | 29-Jun-2022 | Secondary Transaction - Private | Application Specific Semiconductors | ||
| Zhenhua E-Chem | 14-Sep-2021 | IPO | Other Materials | ||
| Joint Venture ( Farasis Energy / TOGG ) | 07-Sep-2021 | Joint Venture | Electrical Equipment | ||
| Solibro | 20-Oct-2020 | Merger/Acquisition | Alternative Energy Equipment |
Farasis Energy Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Farasis Energy Investment | Corporate Venture Capital | Tianjin, China |
Farasis Energy ESG
Risk Overview
Risk Rating
Updated September, 28, 2024
28.54 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,100
Rank
Percentile
Electrical Equipment
Industry
of 301
Rank
Percentile
Electrical Equipment
Subindustry
of 301
Rank
Percentile
Farasis Energy Exits (1)
Farasis Energy’s most recent exit was on 29-Jun-2022 from ECARX. The exit was categorized as with 5 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| ECARX | 29-Jun-2022 | Completed |
|
Farasis Energy FAQs
-
When was Farasis Energy founded?
Farasis Energy was founded in 2002.
-
Where is Farasis Energy headquartered?
Farasis Energy is headquartered in Ganzhou, China.
-
What is the size of Farasis Energy?
Farasis Energy has 6,554 total employees.
-
What industry is Farasis Energy in?
Farasis Energy’s primary industry is Electrical Equipment.
-
Is Farasis Energy a private or public company?
Farasis Energy is a Public company.
-
What is Farasis Energy’s stock symbol?
The ticker symbol for Farasis Energy is 688567.
-
What is the current stock price of Farasis Energy?
As of 05-Dec-2024 the stock price of Farasis Energy is $1.61.
-
What is the current market cap of Farasis Energy?
The current market capitalization of Farasis Energy is $1.97B.
-
What is Farasis Energy’s current revenue?
The trailing twelve month revenue for Farasis Energy is $2.01B.
-
Who are Farasis Energy’s competitors?
Reliance Lithium Werks, NanoGraf, CODA Energy, Powerguard (Electrical Equipment), and Prieto Battery are some of the 14 competitors of Farasis Energy.
-
What is Farasis Energy’s annual earnings per share (EPS)?
Farasis Energy’s EPS for 12 months was -$0.07.
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