Taoping Financials

TAOP Stock  USD 0.35  0.01  2.78%   
Based on the key indicators obtained from Taoping's historical financial statements, Taoping may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Taoping's Total Current Assets are relatively stable compared to the past year. As of 11/22/2024, Short Term Debt is likely to grow to about 16.3 M, while Property Plant And Equipment Net is likely to drop slightly above 6.3 M. Key indicators impacting Taoping's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.11.2586
Way Up
Pretty Stable
The essential information of the day-to-day investment outlook for Taoping includes many different criteria found on its balance sheet. An individual investor should monitor Taoping's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Taoping.

Net Income

(732,838)

  
Understanding current and past Taoping Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Taoping's financial statements are interrelated, with each one affecting the others. For example, an increase in Taoping's assets may result in an increase in income on the income statement.

Taoping Stock Summary

Taoping competes with Global Blue, Bridgeline Digital, Cerberus Cyber, CiT, and Zenvia. Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things industries in the Peoples Republic of China. Taoping Inc. was founded in 1993 and is headquartered in Causeway Bay, Hong Kong. Taoping operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 76 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINVGG8675V1195
CUSIPG21174100 G8675V119 G8675V101 G8675V127 16950L208 16950L109 16944F101 16942F103
LocationChina
Business Address21st Floor, Everbright
SectorIT Services
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.taop.com
Phone86 75 58370 8333
CurrencyUSD - US Dollar

Taoping Key Financial Ratios

Taoping Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets40.6M30.8M47.2M29.2M32.8M31.2M
Other Current Liab5.3M2.9M6.9M5.1M8.9M11.0M
Net Debt6.0M6.5M4.3M6.2M7.7M13.1M
Retained Earnings(174.5M)(192.2M)(202.1M)(208.1M)(208.8M)(198.3M)
Accounts Payable12.7M14.9M8.4M2.3M832.4K790.8K
Cash1.5M882.8K4.5M1.0M1.3M1.2M
Total Liab26.0M29.8M27.9M19.6M20.1M19.1M
Total Current Assets19.0M12.4M21.1M19.4M25.3M46.3M
Short Term Debt7.5M7.4M7.9M7.2M9.0M16.3M
Common Stock126.3M131.2M161.1M161.4M165.1M173.4M
Net Receivables14.1M7.2M7.1M9.3M8.7M8.3M
Other Current Assets187.3K4.1M19.4M8.7M14.0M7.5M
Other Assets1.1M9.7M7.5M2.9M2.7M2.5M
Inventory302.9K254.7K542.4K356.4K13.3M13.9M
Intangible Assets1.5K4.3M2.9M1.8M811.0K770.5K
Net Tangible Assets8.2M5.3M(7.7M)19.3M22.1M23.2M
Short Long Term Debt7.5M7.4M7.8M7.2M9.0M6.8M

Taoping Key Income Statement Accounts

The reason investors look at the income statement is to determine what Taoping's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense499.9K1.0M928.4K556.4K580.6K551.6K
Total Revenue13.8M11.1M24.8M24.2M38.6M37.9M
Gross Profit6.6M3.9M9.3M7.2M8.9M14.5M
Operating Income(3.7M)(16.8M)(8.5M)43.9K(197.7K)(207.6K)
Ebit(3.7M)(17.4M)(10.8M)43.9K356.5K374.3K
Ebitda(467.9K)(13.9M)(8.6M)3.5M3.3M3.5M
Income Before Tax(3.9M)(18.4M)(9.9M)(512.5K)(224.2K)(235.4K)
Net Income(3.6M)(18.3M)(9.9M)(582.4K)(697.9K)(732.8K)
Income Tax Expense(274.5K)(71.3K)5.3K69.9K8.0K7.6K
Cost Of Revenue7.2M7.1M15.5M17.0M29.8M24.7M
Research Development3.6M3.9M4.5M3.6M3.0M3.7M
Tax Provision(274.5K)(71.3K)5.3K69.9K8.0K8.4K
Interest Income133.5K4.8K4.6K8.0K2.1K2.0K
Net Interest Income(366.3K)(1.0M)(923.7K)(548.5K)(578.5K)(607.5K)

Taoping Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(133.6K)(422.8K)3.4M(3.5M)277.6K291.5K
Free Cash Flow(3.3M)(3.5M)(27.4M)(10.8M)(3.5M)(3.7M)
Depreciation2.9M3.5M3.7M7.2M3.0M4.0M
Other Non Cash Items132.5K1.0M187.4K3.2M2.3M2.2M
Capital Expenditures1.6M1.7M11.3M1.8M1.2M1.1M
Net Income(3.6M)(18.3M)(9.9M)(7.1M)(697.9K)(732.8K)
End Period Cash Flow1.5M1.1M4.5M1.0M1.3M1.2M
Change To Netincome4.4M14.2M8.8M6.9M7.9M8.3M
Change To Inventory207.2K59.0K165.6K101.8K(1.8M)(1.7M)
Investments151.9K(1.7M)(14.0M)4.3M(1.2M)(1.3M)
Net Borrowings(1.4M)1.6M1.9M4.7M5.4M5.7M

Taoping Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Taoping's current stock value. Our valuation model uses many indicators to compare Taoping value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taoping competition to find correlations between indicators driving Taoping's intrinsic value. More Info.
Taoping is rated third in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.16  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Taoping is roughly  6.26 . At this time, Taoping's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Taoping by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Taoping Systematic Risk

Taoping's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Taoping volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Taoping correlated with the market. If Beta is less than 0 Taoping generally moves in the opposite direction as compared to the market. If Taoping Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Taoping is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Taoping is generally in the same direction as the market. If Beta > 1 Taoping moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Taoping is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Taoping has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Taoping's financials are consistent with your investment objective using the following steps:
  • Review Taoping's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Taoping's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Taoping's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Taoping's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Taoping Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Taoping's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Taoping growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.11

At this time, Taoping's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Taoping November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Taoping help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Taoping. We use our internally-developed statistical techniques to arrive at the intrinsic value of Taoping based on widely used predictive technical indicators. In general, we focus on analyzing Taoping Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Taoping's daily price indicators and compare them against related drivers.

Additional Tools for Taoping Stock Analysis

When running Taoping's price analysis, check to measure Taoping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.