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Pony AI Inc. (2026) Ratios
Pony AI Inc. Ratios
HK:2026's free cash flow for Q2 2026 was $-76.18M. For the 2026 fiscal year, HK:2026's free cash flow was decreased by $-32.16M and operating cash flow was $-44.01M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 13.67 | 11.77 | 13.83 | 13.38 | 14.69 |
| Quick Ratio | 13.67 | 11.77 | 13.83 | 13.38 | 14.69 |
| Cash Ratio | 3.21 | 7.56 | 8.84 | 6.58 | 8.06 |
| Solvency Ratio | -1.23 | -3.24 | -2.13 | -2.45 | -0.48 |
| Operating Cash Flow Ratio | -1.80 | -1.56 | -2.40 | -3.22 | -4.85 |
| Short-Term Operating Cash Flow Coverage | -12.51 | 0.00 | 0.00 | -39.22 | 0.00 |
| Net Current Asset Value | $ 1.15B | $ 752.51M | $ 614.40M | $ 589.97M | $ 3.20B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.02 | 0.01 | 0.01 | 0.02 | 0.00 |
| Debt-to-Equity Ratio | 0.02 | 0.01 | 0.01 | 0.02 | 0.00 |
| Debt-to-Capital Ratio | 0.02 | 0.01 | 0.01 | 0.02 | 0.00 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.10 | 1.10 | 1.09 | 1.09 | 1.05 |
| Debt Service Coverage Ratio | -19.32 | 0.00 | 0.00 | -38.99 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt to Market Cap | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 0.08 | 0.12 | 0.02 | 0.04 | 0.00 |
| Net Debt to EBITDA | 1.04 | 1.88 | 3.25 | 1.97 | 1.20 |
| Profitability Margins | |||||
| Gross Profit Margin | 15.73% | 15.20% | 23.48% | 46.89% | 77.74% |
| EBIT Margin | -289.84% | -380.57% | -199.22% | -249.63% | -2652.52% |
| EBITDA Margin | -282.93% | -369.43% | -179.28% | -225.11% | -2483.22% |
| Operating Profit Margin | -289.84% | -380.57% | -199.22% | -249.63% | -2652.52% |
| Pretax Profit Margin | -85.29% | -366.55% | -174.49% | -216.89% | -2761.57% |
| Net Profit Margin | -148.85% | -365.37% | -173.59% | -216.44% | -353.85% |
| Continuous Operations Profit Margin | -85.29% | -366.55% | -174.31% | -216.78% | -353.85% |
| Net Income Per EBT | 174.53% | 99.68% | 99.49% | 99.79% | 12.81% |
| EBT Per EBIT | 29.43% | 96.32% | 87.58% | 86.88% | 104.11% |
| Return on Assets (ROA) | -7.39% | -26.09% | -16.71% | -19.19% | -4.05% |
| Return on Equity (ROE) | -8.11% | -28.82% | -18.25% | -20.97% | -4.26% |
| Return on Capital Employed (ROCE) | -15.15% | -29.14% | -20.49% | -23.60% | -31.72% |
| Return on Invested Capital (ROIC) | -14.99% | -29.02% | -20.32% | -23.29% | -31.72% |
| Return on Tangible Assets | -7.39% | -26.10% | -16.72% | -19.20% | -4.05% |
| Earnings Yield | -2.32% | -14.78% | -2.21% | -2.62% | -3.96% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.57 | 2.03 | 1.93 | 2.00 | 3.74 |
| Payables Turnover | 4.39 | 4.21 | 0.00 | 0.00 | 0.69 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 1.21 | 2.50 | 3.38 | 1.98 | 0.24 |
| Asset Turnover | 0.05 | 0.07 | 0.10 | 0.09 | 0.01 |
| Working Capital Turnover Ratio | 0.09 | 0.11 | 0.12 | 0.04 | 0.00 |
| Cash Conversion Cycle | 58.81 | 92.62 | 189.00 | 182.56 | -431.89 |
| Days of Sales Outstanding | 141.87 | 179.41 | 189.00 | 182.56 | 97.53 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 83.06 | 86.79 | 0.00 | 0.00 | 529.42 |
| Operating Cycle | 141.87 | 179.41 | 189.00 | 182.56 | 97.53 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.43 | -0.97 | -0.33 | -0.44 | -3.26 |
| Free Cash Flow Per Share | -0.55 | -1.07 | -0.34 | -0.48 | -3.82 |
| Dividend Paid and CapEx Coverage Ratio | -3.28 | -9.72 | -22.67 | -12.86 | -5.75 |
| Capital Expenditure Coverage Ratio | -3.76 | -9.72 | -22.67 | -12.86 | -5.75 |
| Operating Cash Flow Coverage Ratio | -5.71 | -8.02 | -15.69 | -11.87 | 0.00 |
| Operating Cash Flow to Sales Ratio | -1.83 | -1.48 | -1.61 | -2.26 | -18.00 |
| Free Cash Flow Yield | -3.62% | -6.59% | -2.13% | -2.95% | -23.64% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -43.35 | -6.76 | -45.26 | -38.16 | -25.27 |
| Price-to-Sales (P/S) Ratio | 64.04 | 24.73 | 78.56 | 82.60 | 89.41 |
| Price-to-Book (P/B) Ratio | 3.49 | 1.95 | 8.26 | 8.00 | 1.08 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -27.60 | -15.19 | -46.87 | -33.87 | -4.23 |
| Price-to-Operating Cash Flow Ratio | -34.94 | -16.75 | -48.94 | -36.50 | -4.97 |
| Price-to-Earnings Growth (PEG) Ratio | 0.51 | -0.01 | 3.17 | 1.11 | 0.00 |
| Enterprise Value Multiple | -21.60 | -4.81 | -40.57 | -34.72 | -2.40 |
| Enterprise Value | 5.50B | 1.33B | 5.23B | 5.35B | 3.77B |
| EV to EBITDA | -21.60 | -4.81 | -40.57 | -34.72 | -2.40 |
| EV to Sales | 61.10 | 17.77 | 72.74 | 78.17 | 59.53 |
| EV to Free Cash Flow | -26.33 | -10.91 | -43.40 | -32.05 | -2.82 |
| EV to Operating Cash Flow | -33.34 | -12.03 | -45.31 | -34.54 | -3.31 |
| Tangible Book Value Per Share | 4.50 | 8.47 | 1.98 | 2.05 | 15.10 |
| Shareholders’ Equity Per Share | 4.35 | 8.32 | 1.95 | 2.02 | 15.01 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 |
| Revenue Per Share | 0.24 | 0.66 | 0.21 | 0.20 | 0.18 |
| Net Income Per Share | -0.35 | -2.40 | -0.36 | -0.42 | -0.64 |
| Tax Burden | 1.75 | 1.00 | 0.99 | 1.00 | 0.13 |
| Interest Burden | 0.29 | 0.96 | 0.88 | 0.87 | 1.04 |
| Research & Development to Revenue | 2.42 | 3.20 | 1.71 | 2.25 | 2.50 |
| SG&A to Revenue | 0.64 | 0.76 | 0.52 | 0.72 | 0.80 |
| Stock-Based Compensation to Revenue | 0.34 | 1.69 | 0.05 | 0.19 | 5.06 |
| Income Quality | 2.15 | 0.40 | 0.92 | 1.04 | 0.65 |
Currency in USD