Baosheng Media Group Holdings Limited - BAOS

BAOS Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
BAOS	3.6	4.2	-17.4	-7.0	-39.4	-49.4	-79.3	-96.2	-96.2	-96.2
S&P 500	-0.6	-0.5	1.5	9.1	13.4	32.3	27.0	92.1	191.7	33587.3

Compare BAOS with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	BAOS
name	Baosheng Media Group Holdings Limited
price	2.0001
changes percentage	3.6321
change	0.0701
day low	1.9201
day high	2.0099
year high	6.788
year low	1.61
market cap	3069133
price avg 50	2.25386
price avg 200	2.720335
exchange	NASDAQ
volume	10646
avg volume	12656
open	1.97
previous close	1.93
eps	-2.33
pe	-0.86
earnings announcement	None
shares outstanding	1534490
timestamp	2024-11-14 21:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 40.7%

Overall Quarterly Financial Health: 50.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001811216
revenue	921834	2415098	-61.83
gross profit	613439	-31843	2026.45
gross profit ratio	0.67	-0.01	5147.07
research and development expenses	0	0	NaN
operating expenses	3081197	24033051	-87.18
interest income	0	16397	-100.00
interest expense	0	0	NaN
ebitda	-1946935	-23164656	91.60
ebitdaratio	-2.11	-9.59	77.98
operating income	-2467758	-24067983	89.75
operating income ratio	-2.68	-9.97	73.14
net income	-1845170	-23410868	92.12
net income ratio	-2.0	-9.69	79.35
eps	-1.2	-15.36	92.19

Overall Score of Annual Income Statement

0.57 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 1 million in 2023 from 2 million in 2022 representing a change of -61.83%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 1 million in 2023 from 0 million in 2022 representing a change of 2026.45%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Income: Operating income increased to -2 million in 2023 from -24 million in 2022 representing a change of 89.75%. The increase in operating income indicates better operational performance and increased profitability.

  Earnings per Share (EPS): EPS increased to -1.2 in 2023 from -1.2 in 2022 representing a change of 92.19%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 3 million in 2023 from 24 million in 2022 representing a change of -87.18%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -2 million in 2023 from -23 million in 2022 representing a change of 91.6%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Net Income: Net income decreased to -2 million in 2023 from -23 million in 2022 representing a change of 92.12%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0001811216
revenue	23088	23088	0.0
gross profit	-76827	-76827	0.0
gross profit ratio	-3.33	-3.33	0.0
research and development expenses	0	0	NaN
operating expenses	661191	661191	0.0
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	-646910	-646910	0.0
ebitdaratio	-28.02	-28.02	0.0
operating income	-738018	-738018	0.0
operating income ratio	-31.97	-31.97	0.0
net income	-870209	-870209	0.0
net income ratio	-37.69	-37.69	0.0
eps	-0.57	-0.57	0.0

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001811216
total assets	48827742	58046415	-15.88
total liabilities	6467631	12609790	-48.71
total equity	42360111	45436625	-6.77
cash and cash equivalents	3316062	6679077	-50.35
short term investments	2554319	3082990	-17.15
long term investments	6848964	2261787	202.81
total current assets	39520805	50139482	-21.18
total non current assets	9306937	7906933	17.71
total current liabilities	6467631	12609790	-48.71
total non current liabilities	0	11593016	-100.00
common stock	14731	14731	0.00
retained earnings	3412457	5257627	-35.10
total debt	2253553	1449864	55.43

Overall Score of Annual Balance Sheet

0.22 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 49 million in 2023 from 58 million in 2022 representing a change of -15.88%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 42 million in 2023 from 45 million in 2022 representing a change of -6.77%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 3 million in 2023 from 7 million in 2022 representing a change of -50.35%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 3 million in 2023 from 3 million in 2022 representing a change of -17.15%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 40 million in 2023 from 50 million in 2022 representing a change of -21.18%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to 3 million in 2023 from 5 million in 2022 representing a change of -35.1%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 2 million in 2023 from 1 million in 2022 representing a change of 55.43%. This indicates an increase in overall debt burden.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 6 million in 2023 from 13 million in 2022 representing a change of -48.71%. This indicates a decrease in overall liabilities.

  Total Current Liabilities: Total Current Liabilities decreased to 6 million in 2023 from 13 million in 2022 representing a change of -48.71%. This indicates a lower short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0001811216
total assets	47241145	47241145	0.0
total liabilities	7551554	7551554	0.0
total equity	39689591	39689591	0.0
cash and cash equivalents	2889830	2889830	0.0
short term investments	1808324	1808324	0.0
long term investments	6616248	6616248	0.0
total current assets	38398668	38398668	0.0
total non current assets	8842477	8842477	0.0
total current liabilities	7551554	7551554	0.0
total non current liabilities	0	0	NaN
common stock	14731	14731	0.0
retained earnings	2570172	2570172	0.0
total debt	2201673	2201673	0.0

Overall Score of Quarterly Balance Sheet

0.5 out of 1

Detailed Analysis

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001811216
net change in cash	-3363015	-2203774	-52.60
operating cash flow	2259466	1601481	41.09
free cash flow	2229358	73604	2928.85
capital expenditure	-30108	-1527877	98.03
depreciation and amortization	392619	900238	-56.39
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	-6324955	-2442824	-158.92
inventory	0	0	NaN
acquisitions net	-2554539	222916	-1245.96
investments in property plant and equipment	-30108	-1527877	98.03
net cash used for investing activites	-6312936	-3777782	-67.11
debt repayment	847350	1484649	-42.93
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	-1188884	100.00
net cash used provided by financing activities	847350	295765	186.49
cash at end of period	3316062	6679077	-50.35
accounts receivables	5818395	1197088	386.05
cash at beginning of period	6679077	8882851	-24.81

Overall Score of Annual Cashflow Statement

0.43 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -3 million in 2023 from -2 million in 2022 representing a change of -52.6%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure increased to 0 million in 2023 from -2 million in 2022 representing a change of 98.03%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Payables: The absolute value of Accounts Payables increased to 6 million in 2023 from 2 million in 2022 representing a change of -158.92%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables increased to 6 in 2023 from 1 million in 2022 representing a change of 386.05%. This suggests that the company is less capable of collecting payments from its customers.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 2 million in 2023 from 2 million in 2022 representing a change of 41.09%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 2 million in 2023 from 0 million in 2022 representing a change of 2928.85%. This indicates an increase in cash generated after accounting for capital expenditures.

  Dividends Paid: Dividends Paid increased to 0 million in 2023 from -1 million in 2022 representing a change of 100.0%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0001811216
operating cash flow	-637172	-637172	0.0
free cash flow	-637168	-637172	0.0
capital expenditure	4	0	NaN
depreciation and amortization	91108	91108	0.0
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	-401509	-401509	0.0
accounts payables	1058410	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	457828	457828	0.0
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	0	0	NaN
net change in cash	0	-213116	100.0
cash at end of period	-213116	-213116	0.0
cash at beginning of period	0	0	NaN

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of 100.0%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Free Cash Flow: Free Cash Flow increased to -1 million in 2024Q2 from -1 million in 2024Q1 representing a change of 0.0%. This indicates an increase in cash generated after accounting for capital expenditures.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of nan%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Payables: The absolute value of Accounts Payables increased to 1 million in 2024Q2 from 0 million in 2024Q1 representing a change of nan%. This indicates that the company has increased its outstanding obligations to its suppliers.

Earnings Transcripts ⓘ

We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.

Note: The years mentioned below are fiscal years in accounting.

Q2 2023 Earnings call transcript

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0.6	1.58	-62.08
net income per share	-1.2	-15.36	92.17
operating cash flow per share	1.47	1.05	40.16
free cash flow per share	1.45	0.05	2909.08
cash per share	3.83	6.4	-40.26
book value per share	27.61	29.8	-7.38
tangible book value per share	27.34	27.64	-1.09
shareholders equity per share	27.61	29.8	-7.38
interest debt per share	1.47	0.95	54.42
market cap	5539498.07	7866254.88	-29.58
enterprise value	4476989.07	2637041.88	69.77
pe ratio	-3.0	-0.34	-793.48
price to sales ratio	6.01	3.26	84.49
pocfratio	2.45	4.91	-50.09
pfcf ratio	2.48	106.87	-97.67
pb ratio	0.13	0.17	-24.46
ptb ratio	0.13	0.17	-24.46
ev to sales	4.86	1.09	344.79
enterprise value over ebitda	-2.3	-0.11	-1919.96
ev to operating cash flow	1.98	1.65	20.33
ev to free cash flow	2.01	35.83	-94.39
earnings yield	-0.33	-2.98	88.81
free cash flow yield	0.4	0.01	4201.06
debt to equity	0.05	0.03	66.72
debt to assets	0.05	0.02	84.78
net debt to ebitda	0.55	0.23	141.75
current ratio	6.11	3.98	53.68
interest coverage	0	0	NaN
income quality	-1.22	-0.07	-1715.13
dividend yield	0	0.15	-100.00
payout ratio	0	-0.05	100.00
sales general and administrative to revenue	2.0	1.16	71.95
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.01	0.06	-85.51
capex to operating cash flow	0.01	0.95	-98.60
capex to revenue	0.03	0.63	-94.84
capex to depreciation	0.08	1.7	-95.48
stock based compensation to revenue	0	0	NaN
graham number	27.33	101.48	-73.07
roic	-0.06	-0.51	89.07
return on tangible assets	-0.04	-0.43	91.09
graham net net	13.89	15.73	-11.69
working capital	33053174	37529692	-11.93
tangible asset value	41958562	42142807	-0.44
net current asset value	33053174	37529692	-11.93
invested capital	35511147	43174838	-17.75
average receivables	29092295.5	44232500.5	-34.23
average payables	5573270	10507813	-46.96
average inventory	5105113.5	12022493	-57.54
days sales outstanding	10327.47	4851.63	112.87
days payables outstanding	2713.72	1320.66	105.48
days of inventory on hand	5569.42	821.09	578.30
receivables turnover	0.04	0.08	-53.02
payables turnover	0.13	0.28	-51.33
inventory turnover	0.07	0.44	-85.26
roe	-0.04	-0.52	91.55
capex per share	0.02	1.0	-98.04

• Negative

  ROE: Return on Equity (ROE) increased to -0.04 on 2023-12-31 from -0.52 on 2022-12-31, representing a change of 91.55%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -3.00 on 2023-12-31 from -0.34 on 2022-12-31, representing a change of -793.48%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 6.11 on 2023-12-31 from 3.98 on 2022-12-31, representing a change of 53.68%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.05 on 2023-12-31 from 0.03 on 2022-12-31, representing a change of 66.72%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
BAOS
calendar year	2024	2024	NaN
revenue per share	0.02	0.02	0.00
net income per share	-0.57	-0.57	0.00
operating cash flow per share	-0.42	-0.42	0.00
free cash flow per share	-0.42	-0.42	0.00
cash per share	3.06	3.06	0.00
book value per share	25.87	25.87	0.00
tangible book value per share	25.66	25.66	0.00
shareholders equity per share	25.87	25.87	0.00
interest debt per share	1.43	1.43	0.00
market cap	3038288.22	5171227.93	-41.25
enterprise value	2350131.22	4483070.93	-47.58
pe ratio	-0.87	-1.49	41.25
price to sales ratio	131.6	223.98	-41.25
pocfratio	-4.77	-8.12	41.25
pfcf ratio	-4.77	-8.12	41.25
pb ratio	0.08	0.13	-41.25
ptb ratio	0.08	0.13	-41.25
ev to sales	101.79	194.17	-47.58
enterprise value over ebitda	-3.63	-6.93	47.58
ev to operating cash flow	-3.69	-7.04	47.58
ev to free cash flow	-3.69	-7.04	47.58
earnings yield	-0.29	-0.17	-70.20
free cash flow yield	-0.21	-0.12	-70.20
debt to equity	0.06	0.06	0.00
debt to assets	0.05	0.05	0.00
net debt to ebitda	1.06	1.06	0.00
current ratio	5.08	5.08	0.00
interest coverage	0	0	NaN
income quality	0.73	0.73	0.00
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	42.43	42.43	0.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.01	0.01	0.00
capex to operating cash flow	-0.0	0	NaN
capex to revenue	0.0	0	NaN
capex to depreciation	0.0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	18.17	18.17	0.00
roic	-0.02	-0.02	0.00
return on tangible assets	-0.02	-0.02	0.00
graham net net	11.11	11.35	-2.06
working capital	30847114	30847114	0.00
tangible asset value	39369702	39369702	0.00
net current asset value	30847114	30847114	0.00
invested capital	33073343	33073343	0.00
average receivables	27023867	26553320	1.77
average payables	3290894	2791882.5	17.87
average inventory	-359255	2352851.5	-115.27
days sales outstanding	105342.52	105342.52	0.00
days payables outstanding	2964.32	2964.32	0.00
days of inventory on hand	-647.21	0	NaN
receivables turnover	0.0	0.0	0.00
payables turnover	0.03	0.03	0.00
inventory turnover	-0.14	0	NaN
roe	-0.02	-0.02	0.00
capex per share	0.0	0	NaN

• Negative

  ROE: Return on Equity (ROE) decreased to -0.02 on 2024-06-30 Q2 from -0.02 on 2024-03-31 Q1, representing a change of 0.00%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 5.08 on 2024-06-30 Q2 from 5.08 on 2024-03-31 Q1, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -0.87 on 2024-06-30 Q2 from -1.49 on 2024-03-31 Q1, representing a change of 41.25%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.06 on 2024-06-30 Q2 from 0.06 on 2024-03-31 Q1, representing a change of 0.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.57 which is lower than current price 2.0, indicates the company may be overvalued.