Company Overview
Baiya International Group Inc. operates through its subsidiaries to provide a suite of human capital solutions to business enterprises and organizations within China, specifically focusing on job matching, entrusted recruitment, project outsourcing, and labor dispatching services. The company further supports its clients by offering comprehensive human resource management, payroll and advances, electronic contracts, and pay slips, positioning itself within the broader Technology sector as a participant in the Software - Application industry. As of the latest available data, the company's market capitalization stands at $2.40M, while its annual revenue (TTM) is reported at $13.28M, with employee count data listed as N/A. The combination of a $2.40M market cap and $13.28M in revenue indicates that Baiya International Group Inc. functions as a small-cap entity with a relatively modest operational scale, suggesting it likely serves a niche segment of the Chinese labor market rather than a dominant market position.
Financial Health
The company reported revenue of $13.28M over the trailing twelve months, yet this generated a net income of $-4,706,462, revealing a significant gap between top-line growth and profitability that points to a heavy cost structure or substantial operating expenses relative to sales. EBITDA for the same period was $-4,645,215, indicating that the company is currently burning cash before interest, taxes, depreciation, and amortization, which is common for growth-stage software firms but highlights a lack of immediate operational profitability. Free cash flow stands at $-22,813,712, a figure that signifies the company is utilizing its liquid resources to fund operations and potentially expansion, resulting in limited financial flexibility for returning capital to shareholders or paying down debt aggressively. Profitability is further contextualized by three distinct margin metrics: a gross margin of 12.4%, an operating margin of -65.1%, and a profit margin of -35.4%, where the negative operating and profit margins confirm that overhead costs and non-operating expenses are eroding the low gross profit significantly. Regarding liquidity and leverage, the company holds $1.11M in cash against $242,692 in debt, supported by a current ratio of 5.58, which indicates a highly conservative balance sheet with ample short-term assets to cover liabilities without immediate distress. The debt-to-equity ratio is 1.08, suggesting a leveraged capital structure, yet the high current ratio mitigates the immediate risk of this leverage. Finally, the Return on Equity is -40.6% and the Return on Assets is -16.9%, metrics that reveal that management has not yet generated positive returns on the capital invested or the assets employed, reflecting the early-stage nature of the business model where capital deployment precedes financial reward.
Valuation Assessment
Trailing P/E and forward P/E ratios are both listed as N/A, which implies that the market is currently unable to value the stock based on earnings multiples due to the company's lack of positive net income, making traditional earnings-based valuation models inapplicable. In the absence of a positive P/E, the price-to-book ratio serves as a primary valuation metric at 0.06, indicating that the market values the company at significantly less than its book value, reflecting a deep discount often associated with unprofitable small-cap technology firms. Alternative valuation measures provide further insight, with a price-to-sales ratio of 0.18 and an EV/EBITDA of -0.10, suggesting that investors are pricing the stock based on a tiny fraction of its revenue generation rather than earnings power. The stock has exhibited extreme volatility, with a 52-week high of $200.00 and a 52-week low of $1.20, placing the current trading price at a level that requires specific calculation relative to this range to determine if it is near the bottom of the trading spectrum. The beta is listed as N/A, meaning there is insufficient data to quantify the stock's price volatility relative to the broader market, which introduces an element of uncertainty regarding how the stock might react to general market movements.
Growth & Income
Revenue growth for the trailing twelve months is 6.9%, while earnings growth is listed as N/A due to the company's current losses, implying that the company is prioritizing top-line expansion over immediate profitability. Since the company is not a dividend payer, with a dividend yield of N/A and a payout ratio of 0.0%, it follows a strategy of reinvesting all available earnings and cash flow back into the business to fuel future growth rather than distributing income to shareholders. The 6.9% revenue growth rate suggests a steady, albeit modest, expansion in its recruitment and outsourcing services business, while the absence of earnings growth data underscores the transitional phase the company is in before achieving sustainable profitability. Overall, Baiya International Group Inc. presents a growth-oriented profile characterized by negative earnings, no dividend income, and a valuation that discounts the company heavily relative to its book value and revenue.