SAIHEAT Limited
SAIHEAT Limited engages in the development of liquid cooling technologies for cryptocurrency assets. It provides SAIHUB CAB, an indoor cabinet that turns traditional air-cooled bitcoin mining machines into liquid-cooled bitcoin mining machines; ULTIWIT System, a series of outdoor infrastructure products; and advanced computing center ecosystem, a suite of liquid-cooling system that enable carbon-… Read more
SAIHEAT Limited (SAIH) - Net Assets
Latest net assets as of March 2025: $14.37 Million USD
Based on the latest financial reports, SAIHEAT Limited (SAIH) has net assets worth $14.37 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.53 Million) and total liabilities ($4.17 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.37 Million |
| % of Total Assets | 77.51% |
| Annual Growth Rate | 194.23% |
| 5-Year Change | 2796.37% |
| 10-Year Change | N/A |
| Growth Volatility | 439.23 |
SAIHEAT Limited - Net Assets Trend (2019–2024)
This chart illustrates how SAIHEAT Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SAIHEAT Limited (2019–2024)
The table below shows the annual net assets of SAIHEAT Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $14.37 Million | -14.58% |
| 2023-12-31 | $16.82 Million | -17.20% |
| 2022-12-31 | $20.31 Million | +959.67% |
| 2021-12-31 | $-2.36 Million | -576.41% |
| 2020-12-31 | $496.00K | +663.08% |
| 2019-12-31 | $65.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SAIHEAT Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3715300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.01% |
| Other Comprehensive Income | $-542.00K | -3.77% |
| Other Components | $52.14 Million | 362.92% |
| Total Equity | $14.37 Million | 100.00% |
SAIHEAT Limited Competitors by Market Cap
The table below lists competitors of SAIHEAT Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
va-Q-tec AG
PINK:VAQTF
|
$8.84 Million |
|
UOB Kay Hian Securities (Thailand) Public Company Limited
BK:UOBKH
|
$8.84 Million |
|
Horseshoe Metals Ltd
AU:HOR
|
$8.85 Million |
|
Dala Energi AB
ST:DE
|
$8.85 Million |
|
Minda Global Bhd
KLSE:5166
|
$8.84 Million |
|
BMC
ST:BMC
|
$8.84 Million |
|
VVT Med Inc.
V:VVTM
|
$8.84 Million |
|
Shreyans Industries Limited
NSE:SHREYANIND
|
$8.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SAIHEAT Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,819,000 to 14,366,000, a change of -2,453,000 (-14.6%).
- Net loss of 5,886,000 reduced equity.
- Other comprehensive income decreased equity by 24,000.
- Other factors increased equity by 3,457,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.89 Million | -40.97% |
| Other Comprehensive Income | $-24.00K | -0.17% |
| Other Changes | $3.46 Million | +24.06% |
| Total Change | $- | -14.58% |
Book Value vs Market Value Analysis
This analysis compares SAIHEAT Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.90x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.09x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $1.25 | $7.58 | x |
| 2021-12-31 | $-2.74 | $7.58 | x |
| 2022-12-31 | $15.43 | $7.58 | x |
| 2023-12-31 | $10.42 | $7.58 | x |
| 2024-12-31 | $8.44 | $7.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SAIHEAT Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -40.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -106.19%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.29x
- Recent ROE (-40.97%) is below the historical average (-7.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 81.25% | 20.59% | 0.48x | 8.14x | $353.40K |
| 2021 | 0.00% | -98.04% | 1.48x | 0.00x | $-16.47 Million |
| 2022 | -43.54% | -83.15% | 0.50x | 1.04x | $-10.88 Million |
| 2023 | -36.39% | -90.32% | 0.37x | 1.07x | $-7.80 Million |
| 2024 | -40.97% | -106.19% | 0.30x | 1.29x | $-7.32 Million |
Industry Comparison
This section compares SAIHEAT Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SAIHEAT Limited (SAIH) | $14.37 Million | 81.25% | 0.29x | $8.84 Million |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |