SAIHEAT Limited (SAIH) - Net Assets
Based on the latest financial reports, SAIHEAT Limited (SAIH) has net assets worth $7.40 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.71 Million) and total liabilities ($5.32 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. See SAIHEAT Limited (SAIH) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.40 Million |
| % of Total Assets | 58.2% |
| Annual Growth Rate | 120.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 393.64 |
SAIHEAT Limited - Net Assets Trend (2019–2025)
This chart illustrates how SAIHEAT Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SAIHEAT Limited market cap and net worth.
Annual Net Assets for SAIHEAT Limited (2019–2025)
The table below shows the annual net assets of SAIHEAT Limited from 2019 to 2025. Also explore SAIHEAT Limited net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.40 Million | -48.50% |
| 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 4420500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | 0.04% |
| Other Comprehensive Income | $-513.00K | -6.93% |
| Other Components | $52.19 Million | 705.39% |
| Total Equity | $7.40 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 |
|---|---|
|
HWA AG
F:H9W
|
$30.64 Million |
|
Midland Exploration Inc
V:MD
|
$30.65 Million |
|
Prime Oil Chemical Service Corp
TW:2904
|
$30.65 Million |
|
Barunson Co. Ltd
KQ:018700
|
$30.66 Million |
|
Ascendis Health Ltd
JSE:ASC
|
$30.61 Million |
|
Reliq Health Technologies Inc
V:RHT
|
$30.60 Million |
|
ORTOMA AB B
F:82Y
|
$30.60 Million |
|
Valbiotis SAS
PA:ALVAL
|
$30.59 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 2024 to 2025, total equity changed from 14,366,000 to 7,399,000, a change of -6,967,000 (-48.5%).
- Net loss of 6,454,000 reduced equity.
- Other comprehensive income increased equity by 29,000.
- Other factors decreased equity by 542,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.45 Million | -87.23% |
| Other Comprehensive Income | $29.00K | +0.39% |
| Other Changes | $-542.00K | -7.33% |
| Total Change | $- | -48.50% |
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: 6.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 20.66x to 6.39x 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 | $25.73 | x |
| 2021-12-31 | $-2.74 | $25.73 | x |
| 2022-12-31 | $15.43 | $25.73 | x |
| 2023-12-31 | $10.42 | $25.73 | x |
| 2024-12-31 | $8.44 | $25.73 | x |
| 2025-12-31 | $4.03 | $25.73 | 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): -87.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -142.72%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.72x
- Recent ROE (-87.23%) is below the historical average (-21.15%), 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 |
| 2025 | -87.23% | -142.72% | 0.36x | 1.72x | $-7.19 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: $1,144,125,819
- Average return on equity (ROE) among peers: -4.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SAIHEAT Limited (SAIH) | $7.40 Million | 81.25% | 0.72x | $30.63 Million |
| Accenture plc (ACN) | $6.65 Billion | 45.94% | 1.74x | $107.58 Billion |
| AIOS Tech Inc. (AIOS) | $31.15 Million | 19.05% | 0.51x | $40.99 Million |
| Alithya Group Inc (ALYAF) | $187.07 Million | -8.91% | 1.48x | $75.13 Million |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $318.84 Million | 8.10% | 0.24x | $7.91 Million |
| ASGN Inc (ASGN) | $1.59 Billion | 12.62% | 1.07x | $897.55 Million |
| Aurora Innovation Inc (AUR) | $486.70 Million | -43.97% | 0.27x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $-67.33 Million | 0.00% | 0.00x | $1.36 Billion |
| Broadridge Financial Solutions Inc (BR) | $2.17 Billion | 32.20% | 2.80x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $81.97 Million | -111.49% | 0.25x | $18.91 Million |
About 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