Financial Summary
Taoping Inc. (TAOP)
3.19 €
-0.03 (-0.93%)
-
-
| Symbol | TAOP |
|---|---|
| Price | 3.19$ |
| Beta | 0.00 |
| Volume Avrg. | 1.94M |
| Market Cap | 0.02B |
| Shares (2018) | 46,969,650.00K |
| Last Div | 0 |
| Dividend Yield | - |
| DCF Unlevered | 39.09 | Strong Buy |
|---|---|---|
| DCF Levered | 3.66 | Buy |
| ROE | 20.49% | Buy |
| ROA | 10.28% | Buy |
| Operating Margin | 0.82% | Neutral |
| Debt / Equity | 73.67% | Buy |
| P/E | 30.00 | Strong Buy |
| P/B | - |
Income Statement
Quarter data| Year | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|
| Earnings Per Share Diluted | -3.32 | -4.36 | -0.96 | -0.22 | - | - | 0.04 |
| Net Profit Margin | -1.03 | -1.56 | -0.44 | -0.70 | 0.07 | 0.07 | 0.09 |
| Weighted Average Shares Outstanding | 27,017.78 | 27,356.50 | 30,601.21 | 32,708.13 | 32,708.13 | 40,231.16 | 46,969.65 |
| Revenue | 86,377.46 | 76,145.38 | 68,157.70 | 10,284.87 | 24,904.32 | 24,904.32 | 20,578.34 |
| Weighted Average Shares Outstanding (Diluted) | 27,017.78 | 27,356.50 | 30,601.21 | 32,708.13 | 32,708.13 | 40,231.16 | 46,969.65 |
| Gross Profit | 20,499.48 | 17,275.14 | 22,469.52 | 3,903.66 | 9,863.78 | 9,863.78 | 9,654.09 |
| Dividend per Share | - | - | - | - | - | - | - |
| Operating Income | -85,679.91 | -119,376.58 | -29,959.36 | -26,963.36 | 7.44 | 7.44 | 168.82 |
| Gross Margin | 0.24 | 0.23 | 0.33 | 0.38 | 0.40 | 0.40 | 0.47 |
| Income Tax Expense | -812.25 | -1,896.55 | 4,388.90 | -4,305.03 | -168.88 | -168.88 | - |
| EBIT Margin | -0.86 | -1.46 | -0.40 | -2.41 | 0.07 | 0.08 | 0.15 |
| Net Income | -88,998.05 | -118,412.94 | -29,752.30 | -7,195.79 | 1,836.73 | 1,836.73 | 1,878.79 |
| Cost of Revenue | 40,119.79 | 38,829.51 | 18,769.87 | 6,381.20 | 15,040.54 | 15,040.54 | 9,808.84 |
| Earnings Before Tax Margin | -1.04 | -1.58 | -0.50 | -0.43 | 0.07 | 0.07 | 0.03 |
| EBIT | -85,679.91 | -119,376.58 | -29,959.36 | -26,963.36 | 7.44 | 7.44 | 168.82 |
| EBITDA | -74,147.28 | -111,261.97 | -27,484.95 | -24,827.71 | 1,744.05 | 2,043.88 | 3,109.21 |
| Profit Margin | -1.03 | -1.56 | -0.44 | -0.70 | 0.07 | 0.07 | 0.09 |
| Operating Expenses | 14,737.39 | 11,736.08 | 3,037.16 | 6,108.41 | 9,856.34 | 9,856.34 | 5,185.45 |
| Earnings Per Share Basic | -3.32 | -4.36 | -0.96 | -0.22 | - | - | 0.04 |
| Earnings before Tax | -89,810.30 | -120,309.48 | -34,141.20 | -4,389.73 | 1,667.85 | 1,667.85 | 677.55 |
| Interest Expense | 4,646.82 | 5,553.52 | 6,593.55 | 3,116.78 | - | - | 484.40 |
Balance Sheet Statement
Quarter data| Year | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|
| Short-term debt | - | - | - | - | - | - | - |
| Other Assets | 35,328.72 | 34,468.39 | 41,997.43 | 16,546.14 | 8,410.66 | 3,481.34 | 1,078.78 |
| Total current liabilities | 122,057.63 | 127,991.17 | 140,319.17 | 35,538.78 | 21,384.32 | 23,013.01 | 24,011.89 |
| Cash and cash equivalents | 10,748.00 | 11,083.59 | 11,189.19 | 3,786.85 | 3,752.38 | 3,260.81 | 1,653.26 |
| Long-term debt | 6,907.62 | 12,544.57 | 9,190.61 | 4,570.30 | 3,044.78 | 4,038.42 | 4,247.39 |
| Cash and short-term investments | 13,328.09 | 13,744.98 | 13,837.57 | 3,786.85 | 3,795.58 | 3,306.90 | 1,653.26 |
| Total debt | 6,907.62 | 12,544.57 | 9,190.61 | 4,570.30 | 3,044.78 | 4,038.42 | 4,247.39 |
| Inventories | 16,797.67 | 15,655.72 | 5,418.45 | 2,141.09 | 1,477.78 | 631.61 | 693.68 |
| Deferred revenue | - | - | - | - | - | - | - |
| Goodwill and Intangible Assets | 42,039.47 | 42,027.81 | 39,592.57 | 7,283.56 | 1,556.31 | 808.71 | 59.92 |
| Total non-current liabilities | 6,907.62 | 12,544.57 | 9,190.61 | 4,570.30 | 3,044.78 | 4,038.42 | 4,247.39 |
| Total non-current assets | 108,308.79 | 73,558.84 | 52,395.75 | 15,656.52 | 10,231.16 | 12,639.41 | 11,659.34 |
| Total liabilities | 123,407.96 | 129,059.54 | 140,827.00 | 35,637.47 | 21,484.75 | 23,121.94 | 41,615.81 |
| Total assets | 287,421.89 | 189,238.99 | 179,405.81 | 66,091.70 | 34,287.00 | 37,639.43 | 41,615.81 |
| Other comprehensive income | - | 86,268.54 | - | - | - | - | - |
| Short-term investments | 2,580.10 | 2,661.39 | 2,648.38 | - | 43.20 | 46.09 | - |
| Property, Plant & Equipment Net | 66,269.32 | 31,531.03 | 12,803.18 | 8,372.96 | 8,674.85 | 11,830.70 | 11,599.42 |
| Net Debt | -3,840.38 | 1,460.98 | -1,998.58 | 783.45 | -707.60 | 777.61 | 2,594.13 |
| Investments | 2,580.10 | 2,661.39 | 2,648.38 | - | 43.20 | 46.09 | - |
| Total shareholders equity | - | - | - | - | - | - | - |
| Retained earnings (deficit) | 5,804.02 | -113,513.77 | - | - | - | - | - |
| Long-term investments | - | - | - | - | - | - | - |
| Receivables | 85,958.89 | 22,716.30 | 23,813.68 | 3,180.14 | 3,019.35 | 5,267.75 | 7,995.93 |
| Payables | 20,289.78 | 17,857.87 | 20,810.76 | 6,943.25 | 5,993.21 | 6,844.44 | 11,700.76 |
| Total current assets | 143,784.38 | 81,211.76 | 85,012.62 | 33,889.05 | 15,645.19 | 21,518.69 | 28,877.70 |
Cash Flow Statement
Quarter data| Year | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|
| Investing Cash Flow | -5,560.55 | -3,228.30 | 6,320.71 | 7,851.48 | 9,102.58 | -3,775.22 | -4,066.94 |
| Free Cash Flow | 2,541.92 | 18,599.45 | -11,802.21 | 712.25 | -2,521.76 | 4,548.09 | 2,474.38 |
| Depreciation & Amortization | 11,532.64 | 8,114.61 | 2,474.41 | 2,135.64 | 1,736.61 | 2,036.44 | 2,940.39 |
| Net cash flow / Change in cash | 250.31 | 942.50 | -1,720.77 | -1,515.57 | -34.47 | -491.57 | -1,607.55 |
| Effect of forex changes on cash | - | - | - | - | - | - | - |
| Financing Cash Flow | 11,476.17 | 14,718.31 | 6,395.39 | 5,264.16 | -7,153.75 | -485.49 | 176.79 |
| Dividend payments | 79.27 | - | 162.80 | - | - | - | - |
| Stock-based compensation | - | 6,900.00 | 81.61 | 81.61 | 273.10 | 487.41 | 584.63 |
| Investment purchases | - | - | - | - | - | - | - |
| Acquisitions and disposals | - | - | - | - | - | - | - |
| Capital Expenditure | -11,809.43 | -29,976.99 | -827.32 | -827.32 | -299.30 | -7.84 | -0.58 |
| Operating Cash Flow | -9,267.51 | -11,377.54 | -12,629.52 | -115.07 | -2,821.05 | 4,540.25 | 2,473.80 |
Retained Earning Schedule
| Year | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|
| Retained Earnings (Previous Year) | - | 5,804 | -113,514 | - | - | - | - |
| Net Income | -88,998 | -118,413 | -29,752 | -7,196 | 1,837 | 1,837 | 1,879 |
| Stock Dividends | 94,723 | -905 | 143,103 | 7,196 | -1,837 | -1,837 | -1,879 |
| Dividend Paid | 79 | - | 163 | - | - | - | - |
| Retained Earnings | 5,804 | -113,514 | - | - | - | - | - |
PPE Schedule
| Year | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|
| Gross PPE | - | 66,269 | 31,531 | 12,803 | 8,373 | 8,675 | 11,831 |
| Annual Depreciation | 78,079 | -4,761 | -17,901 | -3,603 | 601 | 3,164 | -231 |
| Capital Expenditure | -11,809 | -29,977 | -827 | -827 | -299 | -8 | -1 |
| Net PPE | 66,269 | 31,531 | 12,803 | 8,373 | 8,675 | 11,831 | 11,599 |
Intangible and Goodwill Schedule
| Year | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|
| Intangible and Goodwill (Previous Year) | - | 42,039 | 42,028 | 39,593 | 7,284 | 1,556 | 809 |
| New Purchases | - | - | - | - | - | - | - |
| Intangible and Goodwill | 42,039 | 42,028 | 39,593 | 7,284 | 1,556 | 809 | 60 |
About
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 (IoT) industries in the People's Republic of China. The company operates in two segments, Cloud-based Technology and Traditional Information Technology. It offers cloud-based software as a service to automate the interactive workflow between advertising agencies and their customers, including establishing new projects, submitting advertisement proposals, revising and approving advertising proposals, processing payment online, remotely uploading advertisement content, and tracking and analyzing performance data. The company also provides project-based technology products and services for the public sector; and software and hardware with fully integrated solutions, including information technology infrastructure, Internet-enabled display technologies, and IoT platforms to customers in government, educati