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Taoping Inc (TAOP)
NASDAQ:TAOP
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Taoping
(NASDAQ:TAOP)
56Neutral
Taoping (TAOP) vs. S&P 500 (SPY)
Market Cap
$3.65M
Dividend YieldN/A
Average Volume (3M)30.28M
Price to Earnings (P/E)0.4
Beta (1Y)2.04
Revenue Growth-5.08%
EPS Growth93.27%
CountryUS
Employees63
SectorTechnology
Sector Strength76
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)-0.05
Shares Outstanding13,384,088
10 Day Avg. Volume89,272,028
30 Day Avg. Volume30,284,405
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.05
Price to Sales (P/S)0.00
P/FCF Ratio-0.49
Enterprise Value/Market Cap2.33
Enterprise Value/Revenue0.06
Enterprise Value/Gross Profit0.93
Enterprise Value/Ebitda0.78
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Taoping Business Overview & Revenue Model
Company DescriptionTaoping Inc. (TAOP) is a Chinese company operating in the technology and new media sectors. The company specializes in providing integrated end-to-end cloud-based platform solutions, with a focus on digital advertising and smart display screens. Taoping offers a range of products and services including cloud-based software, digital advertising distribution networks, and smart city solutions, aiming to enhance connectivity and engagement through innovative technology.
How the Company Makes MoneyTaoping Inc. generates revenue primarily through its digital advertising and smart city solutions. The company earns money by selling and leasing its smart display screens, which are used by businesses for advertising purposes. Additionally, Taoping's cloud-based software solutions facilitate the distribution and management of digital advertisements, providing another revenue stream through service fees and subscription models. The company also engages in partnerships with local governments and enterprises to implement smart city technologies, further contributing to its revenue. These collaborations often involve the deployment of IoT devices and data analytics platforms, creating additional sales and service opportunities.
Taoping Financial Statement Overview
Summary
Taoping shows strong revenue growth, but its profitability remains a concern with persistent losses. The balance sheet is moderately leveraged, but cash flow issues persist, indicating potential liquidity challenges. Continued focus on cost management and improving cash flow would be crucial for financial stability.Income Statement
Taoping's revenue grew significantly by 59.4% from 2022 to 2023, indicating strong sales performance. However, the net profit margin is negative due to continued losses, though there is a slight improvement compared to previous years. The gross profit margin is moderate at 22.9%, showing the company can cover direct costs, but the negative EBIT and EBITDA margins highlight challenges in managing operating expenses.55
Neutral
Balance Sheet
The debt-to-equity ratio stands at 0.70, which is moderate, suggesting some leverage but not excessively high. The equity ratio is 38.9%, indicating a reasonable proportion of assets financed by equity. Although stockholders' equity has increased, the company's financial stability is affected by consistent net losses, impacting return on equity, which remains negative.50
Neutral
Cash Flow
Taoping's operating cash flow is negative, but there is an improvement from 2022. Free cash flow remains negative, signaling cash management issues. However, the free cash flow growth rate has improved due to a smaller deficit than in previous years. The operating cash flow to net income ratio is negative, reflecting challenges in translating revenue into cash.45
Neutral
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 42.64M | 36.67M | 38.64M | 24.23M | 24.85M | 11.06M | Gross Profit |
| 9.12M | 7.77M | 8.85M | 7.23M | 9.34M | 3.94M | EBIT |
| 1.35M | -1.61M | -197.70K | 43.93K | -8.53M | -16.81M | EBITDA |
| 3.73M | 772.61K | 3.35M | 3.54M | -8.63M | -13.90M | Net Income Common Stockholders |
| 1.92M | -1.82M | -697.94K | -582.37K | -9.92M | -18.33M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.30M | 1.58M | 1.30M | 1.01M | 4.53M | 882.77K | Total Assets |
| 32.83M | 35.13M | 32.83M | 29.21M | 47.16M | 30.78M | Total Debt |
| 9.00M | 7.89M | 9.00M | 7.25M | 8.78M | 7.39M | Net Debt |
| 7.70M | 6.31M | 7.70M | 6.24M | 4.25M | 6.51M | Total Liabilities |
| 20.06M | 19.26M | 20.06M | 19.59M | 27.90M | 29.80M | Stockholders Equity |
| 12.76M | 15.87M | 12.76M | 9.62M | 19.25M | -7.66M |
| Cash Flow | Free Cash Flow | ||||
| -5.61M | 0.00 | -3.54M | -10.83M | -27.44M | -3.45M | Operating Cash Flow |
| -4.19M | -2.38M | -2.33M | -9.04M | -16.15M | -1.78M | Investing Cash Flow |
| -1.64M | -1.08M | -1.21M | 4.31M | -14.00M | -1.73M | Financing Cash Flow |
| 5.99M | 3.75M | 3.84M | 22.72K | 33.03M | 3.07M |
Taoping Technical Analysis
Positive
0.27
Price Trends
0.25
Positive
0.28
Negative
0.39
Negative
Market Momentum
<0.01
Negative
54.68
Neutral
20.45
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TAOP, the sentiment is Positive. The current price of 0.27 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.25, and below the 200-day MA of 0.39, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.68 is Neutral, neither overbought nor oversold. The STOCH value of 20.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TAOP.
Taoping Risk Analysis
Taoping disclosed 58 risk factors in its most recent earnings report. Taoping reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Taoping Peers Comparison
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $11.59B | 10.44 | -7.23% | 2.94% | 7.46% | -10.66% | |
56 Neutral | $3.65M | 0.44 | -12.71% | ― | -5.08% | 93.27% | |
50 Neutral | $4.34M | ― | -445.39% | ― | 12.93% | 97.06% | |
43 Neutral | $8.55M | ― | -220.48% | ― | -25.38% | 67.34% | |
38 Underperform | $5.76M | ― | -243.87% | ― | -14.99% | 59.75% | |
34 Underperform | $4.13M | ― | 470.97% | ― | ― | -8852.46% |
* Technology Sector Average
Performance Comparison
TAOP
Taoping
0.27
-0.55
-67.07%
CETX
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2.43
-921.57
-99.74%
APCX
AppTech
0.26
-0.70
-72.92%
RVYL
Ryvyl
0.69
-0.77
-52.74%
ATCH
AtlasClear Holdings
0.26
-66.34
-99.61%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.