Taoping Inc (TAOP) - Net Assets
Based on the latest financial reports, Taoping Inc (TAOP) has net assets worth $19.54 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 ($39.45 Million) and total liabilities ($19.91 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. Check tangible net worth ratio of Taoping Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $19.54 Million |
| % of Total Assets | 49.54% |
| Annual Growth Rate | 37.32% |
| 5-Year Change | 1.51% |
| 10-Year Change | 52.63% |
| Growth Volatility | 1484.14 |
Taoping Inc - Net Assets Trend (2005–2025)
This chart illustrates how Taoping Inc's net assets have evolved over time, based on quarterly financial data. See TAOP defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Taoping Inc (2005–2025)
The table below shows the annual net assets of Taoping Inc from 2005 to 2025. For live valuation and market cap data, see market value of Taoping Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $19.54 Million | +23.13% |
| 2024-12-31 | $15.87 Million | +24.34% |
| 2023-12-31 | $12.76 Million | +32.72% |
| 2022-12-31 | $9.62 Million | -50.04% |
| 2021-12-31 | $19.25 Million | +1871.98% |
| 2020-12-31 | $976.20K | -93.32% |
| 2019-12-31 | $14.61 Million | -17.02% |
| 2018-12-31 | $17.60 Million | +21.26% |
| 2017-12-31 | $14.52 Million | +13.40% |
| 2016-12-31 | $12.80 Million | -57.96% |
| 2015-12-31 | $30.45 Million | -21.06% |
| 2014-12-31 | $38.58 Million | -35.89% |
| 2013-12-31 | $60.18 Million | -63.31% |
| 2012-12-31 | $164.01 Million | -35.05% |
| 2011-12-31 | $252.54 Million | +11.95% |
| 2010-12-31 | $225.58 Million | +34.35% |
| 2009-12-31 | $167.90 Million | +36.50% |
| 2008-12-31 | $123.01 Million | +46.32% |
| 2007-12-31 | $84.07 Million | +5011.52% |
| 2006-12-31 | $1.64 Million | +4684.71% |
| 2005-12-31 | $34.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taoping Inc'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 22060297100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $194.56 Million | 995.66% |
| Other Comprehensive Income | $34.05 Million | 174.23% |
| Other Components | $11.57 Million | 59.20% |
| Total Equity | $19.54 Million | 100.00% |
Taoping Inc Competitors by Market Cap
The table below lists competitors of Taoping Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inocycle Technology Tbk PT
JK:INOV
|
$12.82 Million |
|
Biovie Inc
NASDAQ:BIVI
|
$12.82 Million |
|
PATERSON RESOURCES LTD
F:U40
|
$12.83 Million |
|
Perpetual Resources Ltd
AU:PEC
|
$12.83 Million |
|
Bitcoin Well Inc
V:BTCW
|
$12.81 Million |
|
Redcastle Resources Ltd
AU:RC1
|
$12.80 Million |
|
Phapros Tbk PT
JK:PEHA
|
$12.80 Million |
|
Kingsrose Mining Ltd
AU:KRM
|
$12.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taoping Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,869,331 to 19,540,689, a change of 3,671,358 (23.1%).
- Net loss of 10,061,723 reduced equity.
- New share issuances of 2,971,380 increased equity.
- Other comprehensive income increased equity by 810,197.
- Other factors increased equity by 9,951,504.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.06 Million | -51.49% |
| Share Issuances | $2.97 Million | +15.21% |
| Other Comprehensive Income | $810.20K | +4.15% |
| Other Changes | $9.95 Million | +50.93% |
| Total Change | $- | 23.13% |
Book Value vs Market Value Analysis
This analysis compares Taoping Inc'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: 0.10x
- 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 1.73x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.85 | $1.48 | x |
| 2006-12-31 | $4.73 | $1.48 | x |
| 2007-12-31 | $195.79 | $1.48 | x |
| 2008-12-31 | $271.58 | $1.48 | x |
| 2009-12-31 | $354.32 | $1.48 | x |
| 2010-12-31 | $464.56 | $1.48 | x |
| 2011-12-31 | $499.92 | $1.48 | x |
| 2012-12-31 | $316.99 | $1.48 | x |
| 2013-12-31 | $85.35 | $1.48 | x |
| 2014-12-31 | $7.56 | $1.48 | x |
| 2015-12-31 | $5.30 | $1.48 | x |
| 2016-12-31 | $5.53 | $1.48 | x |
| 2017-12-31 | $7.99 | $1.48 | x |
| 2018-12-31 | $11.96 | $1.48 | x |
| 2019-12-31 | $7.56 | $1.48 | x |
| 2020-12-31 | $-10.40 | $1.48 | x |
| 2021-12-31 | $14.85 | $1.48 | x |
| 2022-12-31 | $6.17 | $1.48 | x |
| 2023-12-31 | $6.68 | $1.48 | x |
| 2024-12-31 | $3.48 | $1.48 | x |
| 2025-12-31 | $15.30 | $1.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taoping Inc 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): -51.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.65%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.02x
- Recent ROE (-51.49%) is below the historical average (-42.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 109.86% | 40.19% | 1.66x | 1.64x | $34.32K |
| 2006 | 96.96% | 73.31% | 0.98x | 1.34x | $1.43 Million |
| 2007 | 18.01% | 43.94% | 0.34x | 1.20x | $5.93 Million |
| 2008 | 21.80% | 27.89% | 0.57x | 1.36x | $12.88 Million |
| 2009 | 19.73% | 29.80% | 0.40x | 1.64x | $14.84 Million |
| 2010 | 16.61% | 21.00% | 0.48x | 1.64x | $13.69 Million |
| 2011 | 3.43% | 6.91% | 0.32x | 1.57x | $-15.18 Million |
| 2012 | -62.82% | -103.77% | 0.30x | 2.01x | $-103.90 Million |
| 2013 | -301.68% | -156.59% | 0.40x | 4.79x | $-123.19 Million |
| 2014 | -75.77% | -42.89% | 0.38x | 4.65x | $-33.09 Million |
| 2015 | -24.64% | -72.96% | 0.16x | 2.17x | $-10.55 Million |
| 2016 | -490.02% | -178.26% | 0.30x | 9.25x | $-18.54 Million |
| 2017 | 15.95% | 4.72% | 0.48x | 6.99x | $320.26K |
| 2018 | 20.49% | 8.22% | 0.49x | 5.04x | $866.29K |
| 2019 | -68.23% | -26.06% | 0.34x | 7.71x | $-4.12 Million |
| 2020 | 0.00% | -159.95% | 0.36x | 0.00x | $-16.93 Million |
| 2021 | -51.55% | -51.18% | 0.41x | 2.45x | $-11.85 Million |
| 2022 | -73.64% | -29.22% | 0.83x | 3.04x | $-8.04 Million |
| 2023 | -5.47% | -1.81% | 1.18x | 2.57x | $-1.97 Million |
| 2024 | -11.46% | -4.96% | 1.04x | 2.21x | $-3.41 Million |
| 2025 | -51.49% | -32.65% | 0.78x | 2.02x | $-12.02 Million |
Industry Comparison
This section compares Taoping Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $175,548,949
- Average return on equity (ROE) among peers: -12.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taoping Inc (TAOP) | $19.54 Million | 109.86% | 1.02x | $12.82 Million |
| ACI Worldwide Inc (ACIW) | $581.40 Million | 11.62% | 2.18x | $4.54 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $855.27 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $30.16 Million | -37.03% | 0.03x | $906.22 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $87.90 Million | -12.31% | 0.11x | $22.76 Million |
| Axe Compute Inc. (AGPU) | $2.69 Million | -223.00% | 0.35x | $31.41 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.41 Billion |
| All In FutureTech Alliance Inc. (AIFA) | $24.02 Million | -127.45% | 1.73x | $13.66 Million |
| AI Financial Corporation (AIFC) | $2.31 Million | 476.46% | 19.27x | $88.43 Million |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $67.08 Million | -6.22% | 0.04x | $457.44 Million |
About Taoping Inc
Taoping Inc. provides cloud-app technologies for smart city IoT platforms, digital advertising delivery, and other internet-based information distribution systems in China. The company offers cloud-based products, high-end data storage servers, and related services to private sectors, including new media, healthcare, education and residential community management, and other industries and applica… Read more