Lotus Technology Inc. Files 2024 Annual 20-F Report
Ticker: LOTWW · Form: 20-F · Filed: Apr 30, 2025 · CIK: 1962746
Sentiment: neutral
Topics: annual-report, financials, automotive
TL;DR
Lotus Tech filed its 2024 20-F, check out their financials for the year ending Dec 31.
AI Summary
Lotus Technology Inc. filed its annual 20-F report for the fiscal year ending December 31, 2024. The company, primarily involved in motor vehicles and passenger car bodies, is headquartered in Shanghai, China. The filing includes financial data such as investment income net and changes in fair values of certain financial instruments.
Why It Matters
This filing provides investors with a comprehensive overview of Lotus Technology's financial performance and business operations for the fiscal year 2024, crucial for assessing its investment potential.
Risk Assessment
Risk Level: medium — As a foreign private issuer filing a 20-F, the company operates under different regulatory and reporting standards than domestic US companies, which can introduce additional complexities and risks for investors.
Key Numbers
- 645227356 — Prepaid Expense and Other Assets (Represents current assets that are prepaid or otherwise classified as other current assets as of December 31, 2024.)
- 474621603 — Investment Income Net (Indicates the net income generated from the company's investments for the fiscal year 2024.)
- 475805054 — Changes in Fair Values of Mandatorily Redeemable Noncontrolling Interest Exchangeable Notes and Convertible Notes (Reflects the fluctuations in the fair value of specific financial instruments for the fiscal year 2024.)
Key Players & Entities
- Lotus Technology Inc. (company) — Filer of the 20-F report
- December 31, 2024 (date) — Fiscal year end for the report
- Shanghai (location) — Business and mail address city
- 0001962746 (company) — Central Index Key for Lotus Technology Inc.
FAQ
What is the primary business of Lotus Technology Inc. as indicated in the filing?
The primary business is in the 'MOTOR VEHICLES & PASSENGER CAR BODIES' sector, with SIC code 3711.
What is the fiscal year end for Lotus Technology Inc.?
The fiscal year end is December 31 (1231).
Where is Lotus Technology Inc. headquartered?
The company's business and mail address is located at NO. 800 CENTURY AVENUE, PUDONG DISTRICT, SHANGHAI, F4, 200120.
What is the SEC File Number for Lotus Technology Inc.'s 1934 Act filings?
The SEC File Number is 001-41970.
What are some of the key financial data points mentioned in the filing for the period ending December 31, 2024?
Key financial data includes Prepaid Expense and Other Assets ($645,227,356), Investment Income Net ($474,621,603), and Changes in Fair Values of Mandatorily Redeemable Noncontrolling Interest Exchangeable Notes and Convertible Notes ($475,805,054).
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 30, 2025 regarding Lotus Technology Inc. (LOTWW).