SAIH Chart
About

SAIHEAT Limited engages in the development of liquid cooling technologies for cryptocurrency assets. It provides SAIHUB CAB, an indoor cabinet that turns traditional air-cooled bitcoin mining machines into liquid-cooled bitcoin mining machines; ULTIWIT System, a series of outdoor infrastructure products; and advanced computing center ecosystem, a suite of liquid-cooling system that enable carbon-negative data center operations by repurposing waste computing heat. The company also offers mobile and resilient outdoor computing infrastructure units comprising WITBOX product line, including TANKBOX, RACKBOX, and HYDROBOX; HEATBOX, a product line that regulates, supplies, and controls recovered computing heat generated from computing servers; and USERBOX, a design and product that supports computing heat recovery applications. In addition, it provides bitcoin mining machine hosting and mining pool services; bitcoin mining machines; and engages in cryptocurrency mining operations comprising Bitcoins. The company was formerly known as SAI.TECH Global Corporation and changed its name to SAIHEAT Limited in August 2024. SAIHEAT Limited was founded in 2019 and is based in Singapore.

Fundamentals
Scroll to Statements
Sector Technology Industry Information Technology S Market Cap 15.31M
Enterprise Value 12.93M Income -6.84M Sales 6.17M
Book/sh 6.11 Cash/sh 3.50 Dividend Yield
Payout 0.00% Employees 34 IPO
P/E Forward P/E PEG
P/S 2.48 P/B 1.31 P/C
EV/EBITDA -1.91 EV/Sales 2.09 Quick Ratio 1.37
Current Ratio 1.82 Debt/Eq 31.15 LT Debt/Eq
EPS (ttm) -3.84 EPS next Y EPS Growth
Revenue Growth 19.60% Earnings ROA -30.31%
ROE -50.16% ROIC Gross Margin -30.78%
Oper. Margin -87.76% Profit Margin -110.76% Shs Outstand 1.27M
Shs Float 1.17M Short Float 0.51% Short Ratio 1.95
Short Interest 52W High 15.41 52W Low 3.00
Beta 1.95 Avg Volume 4.88K Volume 3.08K
Target Price Recom None Prev Close $8.37
Price $8.02 Change -4.18%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$8.02
Latest analyst target
3. DCF / Fair value
Simplified FCF or EPS-based estimate
Ratings
Current target
$8.02
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.00-22.95K
TaxRateForCalcs0.000.000.000.17
NormalizedEBITDA-6.01M-5.53M-3.74M-15.87M
TotalUnusualItems0.00-138.00K-951.00K-135.00K
TotalUnusualItemsExcludingGoodwill0.00-138.00K-951.00K-135.00K
NetIncomeFromContinuingOperationNetMinorityInterest-5.89M-6.12M-8.85M-16.70M
ReconciledDepreciation1.90M1.57M1.82M317.00K
ReconciledCostOfRevenue6.55M6.32M9.50M15.77M
EBITDA-6.01M-5.67M-4.69M-16.00M
EBIT-7.91M-7.23M-6.51M-16.32M
NormalizedIncome-5.89M-5.98M-7.89M-16.59M
NetIncomeFromContinuingAndDiscontinuedOperation-5.89M-6.12M-8.85M-16.70M
TotalExpenses13.45M14.01M17.15M33.35M
TotalOperatingIncomeAsReported-7.91M-7.37M-7.46M-16.45M
DilutedAverageShares1.61M1.32M862.24K
BasicAverageShares1.61M1.32M862.24K
DilutedEPS-3.79-6.72-19.37
BasicEPS-3.79-6.72-19.37
DilutedNIAvailtoComStockholders-5.89M-6.12M-8.85M-16.70M
NetIncomeCommonStockholders-5.89M-6.12M-8.85M-16.70M
NetIncome-5.89M-6.12M-8.85M-16.70M
NetIncomeIncludingNoncontrollingInterests-5.89M-6.12M-8.85M-16.70M
NetIncomeContinuousOperations-5.89M-6.12M-8.85M-16.70M
TaxProvision0.000.000.0024.00K
PretaxIncome-5.89M-6.12M-8.85M-16.68M
OtherIncomeExpense2.02M1.11M-2.33M-363.00K
OtherNonOperatingIncomeExpenses2.02M1.25M-1.38M-228.00K
SpecialIncomeCharges0.00-138.00K-951.00K-135.00K
ImpairmentOfCapitalAssets0.00138.00K951.00K135.00K
OperatingIncome-7.91M-7.23M-6.51M-16.32M
OperatingExpense6.90M7.69M7.65M17.58M
ResearchAndDevelopment642.00K853.00K476.00K419.00K
SellingGeneralAndAdministration6.26M6.84M7.18M17.16M
SellingAndMarketingExpense284.00K1.13M1.10M14.78M
GeneralAndAdministrativeExpense5.97M5.70M6.08M2.38M
OtherGandA5.97M5.70M6.08M2.38M
GrossProfit-1.01M457.00K1.14M1.26M
CostOfRevenue6.55M6.32M9.50M15.77M
TotalRevenue5.54M6.78M10.64M17.04M
OperatingRevenue5.54M6.78M10.64M17.04M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber1.75M1.60M1.53M862.24K
ShareIssued1.75M1.60M1.53M862.24K
NetDebt1.08M
TotalDebt2.68M810.00K419.00K44.00K
TangibleBookValue14.37M16.82M20.22M-2.63M
InvestedCapital16.48M16.82M20.31M-2.36M
WorkingCapital7.21M11.56M18.14M5.48M
NetTangibleAssets14.37M16.82M20.22M-2.63M
CapitalLeaseObligations568.00K810.00K419.00K44.00K
CommonStockEquity14.37M16.82M20.31M-2.36M
PreferredStockEquity1.00K
TotalCapitalization14.37M16.82M20.31M-2.36M
TotalEquityGrossMinorityInterest14.37M16.82M20.31M-2.36M
StockholdersEquity14.37M16.82M20.31M-2.36M
OtherEquityInterest-9.00K
GainsLossesNotAffectingRetainedEarnings-542.00K-517.00K-461.00K83.00K
OtherEquityAdjustments-542.00K-517.00K-461.00K83.00K
RetainedEarnings-37.23M-31.34M-25.26M-16.41M
AdditionalPaidInCapital52.14M48.68M46.03M13.97M
CapitalStock2.00K2.00K2.00K1.00K
CommonStock2.00K2.00K2.00K1.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest4.17M1.25M786.00K13.90M
TotalNonCurrentLiabilitiesNetMinorityInterest486.00K569.00K231.00K12.50M
PreferredSecuritiesOutsideStockEquity0.0012.47M
LongTermDebtAndCapitalLeaseObligation486.00K569.00K231.00K27.00K
LongTermCapitalLeaseObligation486.00K569.00K231.00K27.00K
CurrentLiabilities3.68M686.00K555.00K1.40M
CurrentDeferredLiabilities870.00K0.000.0062.00K
CurrentDeferredRevenue870.00K0.000.0062.00K
CurrentDebtAndCapitalLeaseObligation2.20M241.00K188.00K17.00K
CurrentCapitalLeaseObligation82.00K241.00K188.00K17.00K
CurrentDebt2.12M
OtherCurrentBorrowings2.12M
PayablesAndAccruedExpenses615.00K445.00K367.00K1.32M
CurrentAccruedExpenses122.00K358.00K159.00K25.00K
Payables493.00K87.00K208.00K1.29M
OtherPayable55.00K42.00K43.00K30.00K
DuetoRelatedPartiesCurrent30.00K
TotalTaxPayable0.001.00K
IncomeTaxPayable0.001.00K
AccountsPayable438.00K45.00K165.00K1.26M
TotalAssets18.53M18.07M21.10M11.53M
TotalNonCurrentAssets7.64M5.82M2.41M4.65M
OtherNonCurrentAssets3.08M
NonCurrentDeferredAssets0.00
NonCurrentDeferredTaxesAssets0.00
GoodwillAndOtherIntangibleAssets0.000.0094.00K265.00K
OtherIntangibleAssets94.00K265.00K
NetPPE4.56M5.82M2.31M4.39M
AccumulatedDepreciation-3.45M-1.86M-1.83M-129.00K
GrossPPE8.01M7.68M4.15M4.52M
ConstructionInProgress0.00602.00K0.000.00
OtherProperties3.73M3.51M2.73M3.39M
MachineryFurnitureEquipment4.28M3.58M1.42M1.12M
CurrentAssets10.89M12.25M18.69M6.88M
OtherCurrentAssets6.99M7.17M5.13M96.00K
RestrictedCash41.00K0.00
PrepaidAssets1.11M312.00K78.00K318.00K
Inventory772.00K44.00K152.00K198.00K
OtherInventories6.00K44.00K152.00K
FinishedGoods766.00K0.000.00198.00K
Receivables925.00K1.47M2.10M1.79M
ReceivablesAdjustmentsAllowances0.000.000.000.00
DuefromRelatedPartiesCurrent0.00
TaxesReceivable688.00K567.00K562.00K617.00K
AccountsReceivable237.00K900.00K1.54M1.17M
CashCashEquivalentsAndShortTermInvestments1.06M3.26M11.23M4.48M
OtherShortTermInvestments20.00K81.00K12.00K0.00
CashAndCashEquivalents1.04M3.18M11.21M4.48M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-6.27M-8.17M-6.80M-4.95M
IssuanceOfCapitalStock0.009.00K18.53M8.19M
CapitalExpenditure-713.00K-5.05M-1.87M-3.97M
EndCashPosition1.08M3.18M11.21M4.48M
BeginningCashPosition3.18M11.21M4.48M1.30M
EffectOfExchangeRateChanges-5.00K-26.00K-438.00K-61.00K
ChangesInCash-2.09M-8.01M7.18M3.24M
FinancingCashFlow2.12M9.00K18.53M8.19M
CashFlowFromContinuingFinancingActivities2.12M9.00K18.53M8.19M
NetPreferredStockIssuance0.000.008.19M
PreferredStockIssuance0.000.008.19M
NetCommonStockIssuance0.009.00K18.53M0.00
CommonStockIssuance0.009.00K18.53M0.00
NetIssuancePaymentsOfDebt2.12M0.000.00
NetShortTermDebtIssuance2.12M0.000.00
InvestingCashFlow1.35M-4.90M-6.42M-3.97M
CashFlowFromContinuingInvestingActivities1.35M-4.90M-6.42M-3.97M
NetOtherInvestingChanges61.00K-69.00K-12.00K
NetInvestmentPurchaseAndSale1.93M106.00K-4.60M
SaleOfInvestment1.93M106.00K
PurchaseOfInvestment-4.60M
NetIntangiblesPurchaseAndSale0.000.00
PurchaseOfIntangibles0.000.00
NetPPEPurchaseAndSale-640.00K-4.93M-1.81M-3.97M
SaleOfPPE73.00K115.00K60.00K0.00
PurchaseOfPPE-713.00K-5.05M-1.87M-3.97M
OperatingCashFlow-5.55M-3.12M-4.93M-983.00K
CashFlowFromContinuingOperatingActivities-5.55M-3.12M-4.93M-983.00K
ChangeInWorkingCapital-2.99M-921.00K-638.00K572.00K
ChangeInOtherWorkingCapital879.00K-59.00K69.00K
ChangeInOtherCurrentLiabilities-241.00K-219.00K-185.00K-7.00K
ChangeInOtherCurrentAssets-3.17M-1.30M-37.00K-83.00K
ChangeInPayablesAndAccruedExpense172.00K83.00K-818.00K987.00K
ChangeInPayable172.00K83.00K-818.00K987.00K
ChangeInAccountPayable396.00K-119.00K-1.10M1.21M
ChangeInTaxPayable0.000.00-36.00K
ChangeInIncomeTaxPayable0.000.00-36.00K
ChangeInPrepaidAssets-756.00K-277.00K797.00K-640.00K
ChangeInInventory-735.00K106.00K30.00K721.00K
ChangeInReceivables858.00K686.00K-366.00K-475.00K
ChangesInAccountReceivables686.00K-366.00K-1.12M
OtherNonCashItems228.00K
StockBasedCompensation3.46M2.64M1.06M14.46M
UnrealizedGainLossOnInvestmentSecurities-2.03M-785.00K
ProvisionandWriteOffofAssets0.000.000.00
AssetImpairmentCharge0.00138.00K951.00K135.00K
DeferredTax0.000.0012.00K
DeferredIncomeTax0.000.0012.00K
DepreciationAmortizationDepletion1.90M1.57M1.82M317.00K
DepreciationAndAmortization1.90M1.57M1.82M317.00K
Depreciation1.90M1.57M1.82M317.00K
OperatingGainsLosses2.00K354.00K718.00K
GainLossOnSaleOfPPE2.00K402.00K718.00K0.00
GainLossOnSaleOfBusiness0.00-48.00K0.00
NetIncomeFromContinuingOperations-5.89M-6.12M-8.85M-16.70M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SAIH
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