Lithium Technology Corporation (LTHUQ) Stock Price & Analysis

Lithium Technology Corporation (LTHUQ) Industrial Operations Profile

Lithium Technology Corporation historically specialized in advanced rechargeable lithium-ion energy storage solutions, providing high-power and high-energy cells and complete battery systems for transportation, military, and stationary power markets. Despite its technological focus, the company faced significant financial challenges, ultimately leading to its Chapter 7 liquidation in 2015.

What Is the Investment Thesis for LTHUQ?

Lithium Technology Corporation (LTHUQ) historically operated in the advanced rechargeable energy storage market, developing lithium-ion cells and battery systems for critical applications in transportation, military, and stationary power. Its business model focused on manufacturing and delivering high-power and high-energy solutions, serving a diverse customer base including governmental and industrial entities across the US, UK, and Germany. However, the company faced insurmountable financial challenges, evidenced by a reported profit margin of -114.1% and a gross margin of just 0.1%. These metrics highlight significant operational inefficiencies and an inability to generate sustainable profits. The company's market capitalization of $0.00 billion reflects its current status. On December 5, 2014, LTHUQ filed for Chapter 11 bankruptcy, which was subsequently converted to Chapter 7 liquidation on June 12, 2015. This conversion means the company is undergoing dissolution, with its assets being sold to satisfy creditors. For investors, this signifies that the company is no longer a going concern, and any potential for future growth or value creation has ceased. Shareholders typically face a complete loss of investment in Chapter 7 liquidations.

Based on FMP financials and quantitative analysis

LTHUQ Key Highlights

The company reported a market capitalization of $0.00 billion, reflecting its current status in liquidation.

• Lithium Technology Corporation had a significantly negative profit margin of -114.1%, indicating substantial losses relative to revenue.
• The gross margin stood at a very low 0.1%, suggesting minimal profitability from its core product sales before operating expenses.
• The company's Beta was recorded at -21.22, an unusually high negative value often associated with extremely illiquid or distressed securities, or data anomalies.
• At its operational peak, Lithium Technology Corporation employed 72 individuals, focusing on the development and manufacturing of advanced battery solutions.

Who Are LTHUQ's Competitors?

LTHUQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are LTHUQ's Key Strengths?

Developed advanced rechargeable lithium-ion energy storage solutions.

• Diverse product catalog including high-power, high-energy, and large-scale battery systems.
• Products engineered for demanding applications in transportation, military, and stationary power.
• Integrated battery management systems for enhanced performance and safety.
• Established presence serving industrial, governmental, and defense customers in key global markets (US, UK, Germany).

What Are LTHUQ's Weaknesses?

Severe financial difficulties leading to Chapter 7 liquidation.

• Significantly negative profit margin of -114.1% and minimal gross margin of 0.1%.
• High Beta of -21.22 indicating extreme volatility or illiquidity.
• Inability to successfully reorganize under Chapter 11 bankruptcy.
• Trading on the OTC Other tier, implying limited transparency and liquidity.

What Are the Key Risks for LTHUQ?

Financial-distress signal — its Altman Z-Score of -31.33 sits in the distress zone (elevated bankruptcy risk).

• Chapter 7 liquidation proceedings, which will result in the complete dissolution of the company.
• Shareholders are highly unlikely to receive any value from the liquidation process, as creditors are prioritized.
• Shares may become completely worthless and delisted from the OTC market upon final dissolution.
• Lack of operational business means no future revenue generation or growth potential.
• Extremely limited liquidity and transparency on the OTC Other tier, making any trading highly speculative.

What Threats Does LTHUQ Face?

• Intense competition from established and emerging battery manufacturers.
• Rapid technological advancements potentially rendering existing products obsolete.
• High capital expenditure requirements for R&D and manufacturing.
• Regulatory changes and supply chain disruptions affecting raw material costs.
• The ongoing Chapter 7 liquidation, which has resulted in the cessation of operations and dissolution of the company.

What Are LTHUQ's Competitive Advantages?

• Proprietary development of advanced rechargeable lithium-ion energy storage solutions.
• Extensive product catalog featuring specialized high-power and high-energy cells.
• Integration of sophisticated battery management systems into complete battery units.
• Ability to engineer large-scale battery systems exceeding 1.2 MWh and up to 600 volts.
• Targeting of demanding applications in transportation, military, and stationary power requiring robust performance.

What Does LTHUQ Do?

Lithium Technology Corporation was established as a developer, manufacturer, marketer, and provider of advanced rechargeable energy storage solutions, headquartered in Fairfax, Virginia. The company's core offerings revolved around sizable cylindrical lithium-ion (Li-ion) rechargeable cells and comprehensive Li-ion battery units, which incorporated integrated battery management systems. These sophisticated products were engineered for a diverse range of demanding applications across the transportation sector, military and national security domains, and stationary power markets. The company's product portfolio was extensive, featuring high-power cells with capacities ranging from 7.5 to 45 Amp-hours (Ah), specifically designed to deliver robust discharge capabilities essential for environments such as hybrid electric vehicles (HEVs) and various military equipment. Complementing these were high-energy cells, offering capacities from 10 to 485 Ah, suitable for applications including backup power and remote standby installations. Furthermore, Lithium Technology Corporation developed large-scale battery systems capable of providing up to 600 volts and exceeding 1.2 megawatt-hours (MWh) in capacity. They also supplied standard cells intended for assembly into custom large batteries, complete with all necessary electronic management components. The company primarily served a broad customer base that included industrial clients, retail entities, governmental agencies, scientific research facilities, and national defense agencies. It maintained a key operational presence across the United States, the United Kingdom, and Germany. However, despite its technological focus and market reach, Lithium Technology Corporation encountered severe financial difficulties. This culminated in the company filing a voluntary petition for Chapter 11 bankruptcy reorganization with the U.S. Bankruptcy Court for the Eastern District of Virginia on December 5, 2014. The attempt at financial restructuring proved unsuccessful, leading to the conversion of the Chapter 11 petition to Chapter 7 liquidation proceedings on June 12, 2015, marking the end of its operations.

What Products and Services Does LTHUQ Offer?

• Developed and manufactured advanced rechargeable lithium-ion (Li-ion) energy storage solutions.
• Produced sizable cylindrical Li-ion rechargeable cells.
• Created complete Li-ion battery units with integrated battery management systems.
• Engineered products for transportation, military/national security, and stationary power markets.
• Offered high-power cells (7.5 to 45 Ah) for applications like hybrid electric vehicles (HEVs) and military equipment.
• Supplied high-energy cells (10 to 485 Ah) for uses such as backup power and remote standby installations.
• Provided large-scale battery systems capable of up to 600 volts and over 1.2 megawatt-hours (MWh).
• Delivered standard cells for assembly into custom large batteries with electronic management components.

How Does LTHUQ Make Money?

• Research, development, and manufacturing of proprietary lithium-ion battery technologies.
• Sales of advanced cylindrical lithium-ion cells and complete battery systems to diverse industrial, governmental, and defense clients.
• Provision of integrated battery management systems as part of comprehensive energy storage solutions.
• Customization of large-scale battery systems to meet specific customer requirements across various high-demand sectors.
• Distribution and delivery of products primarily within the United States, United Kingdom, and Germany.

What Industry Does LTHUQ Operate In?

The industrial machinery sector, particularly within advanced energy storage, is characterized by rapid technological innovation and increasing demand for efficient power solutions. Historically, Lithium Technology Corporation operated within the burgeoning lithium-ion battery market, which has seen significant growth driven by electrification in transportation, defense, and grid-scale energy storage. Before its liquidation, LTHUQ aimed to carve out a niche by offering specialized cylindrical Li-ion cells and integrated battery systems for high-power and high-energy applications. The competitive landscape in this industry is intense, featuring established global players and numerous emerging technology firms vying for market share. Companies often differentiate through cell chemistry, energy density, safety features, and cost-effectiveness. LTHUQ's focus on specific applications like HEVs and military equipment positioned it in segments requiring robust and reliable solutions. However, the capital-intensive nature of battery manufacturing and the continuous need for R&D present significant challenges, which ultimately contributed to LTHUQ's financial distress and subsequent Chapter 7 liquidation, removing it from the active competitive landscape.

Who Are LTHUQ's Key Customers?

• Industrial customers requiring advanced energy storage.
• Retail entities seeking specialized battery solutions.
• Governmental customers, including defense agencies.
• Scientific research facilities.
• National defense agencies for military and security applications.

Company Profile

Lithium Technology Corporation operates in the Industrial - Machinery industry within the Industrials sector. It is headquartered in Fairfax, US. The company is led by CEO Frits Obers. LTHUQ has traded publicly since 1999.

Return on equity for Lithium Technology Corporation stands at 35.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -67.2%, showing how much profit it generates from its asset base. A current ratio of 0.22 means current liabilities exceed short-term assets, a liquidity point worth watching.

Lithium Technology Corporation's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -31.33 places it in the distress zone, a signal of elevated financial risk.

LTHUQ Financials

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Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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