Baiya International Group, Inc. (BIYA) AI Stock Analysis

• Market Cap: $4.32M
• Dividend Yield: N/A
• Average Volume (3M): 15.59M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.55
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 24
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 1,185,784
• 10 Day Avg. Volume: 374,506
• 30 Day Avg. Volume: 15,593,914
• PEG Ratio: 62.66
• Price to Book (P/B): 108.62
• Price to Sales (P/S): 4.24
• P/FCF Ratio: 34.31
• Enterprise Value/Market Cap: 12.27
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: $4.00 ▼(-9.30% Downside)

BIYA scores below average primarily due to weak technicals (below key longer-term moving averages with negative MACD) and unfavorable valuation signals (negative P/E and no dividend). Financial performance is the main support, reflecting improved 2024 revenue, leverage, and cash flow, but low margins and historical volatility keep the overall score restrained.

Positive Factors

Leverage Reduction

A meaningful decline in leverage materially lowers financial risk and interest burden, increasing flexibility for capital allocation. This stronger balance-sheet posture improves the company's ability to fund operations or opportunistic investments without immediate refinancing pressure, supporting stability over months.

Positive Free Cash Flow

Conversion to positive free cash flow provides internal funding for operations and strategic initiatives and reduces reliance on external financing. Sustained FCF gives management optionality to repay debt, invest in growth, or support working capital, improving resilience over a multi‑month horizon.

Revenue Rebound

An ~11% revenue rebound alongside movement toward break‑even signals recovering demand and better top‑line execution. If maintained, this trend can underpin margin expansion and stabilize earnings, providing a durable improvement to the business profile over the next several quarters.

Negative Factors

Low Margins

Persistently low gross margins constrain the firm's ability to generate meaningful operating profits and reinvest in product or sales capacity. Even with recent improvement, thin margins limit shock absorption, reduce scalability of profits, and weaken long‑term competitiveness versus higher‑margin peers.

Volatile Cash & Earnings

Historical swings between negative and positive operating cash flow and uneven earnings undermine predictability of cash generation. This volatility raises uncertainty about whether recent FCF and near break‑even results are durable, complicating capital planning and investor confidence over months.

Governance & Strategic Pivot Risk

Proposed governance changes grant the board wide discretion to alter capital structure, pursue large share consolidations, and finance digital‑asset investments. That increases dilution and introduces strategic exposure outside core software activities, creating structural execution and asset‑allocation risks over the medium term.

Baiya International Group, Inc. Business Overview & Revenue Model

Company Description

Baiya International Group Inc., through its subsidiaries, provides job matching, entrusted recruitment, project outsourcing, and labor dispatching services to business enterprises and organizations in China. It also offers human resource management consulting, labor outsourcing, and staffing and placement services; apps research and development, internet technology development, supply chain management, and information system consulting services; software development; education consulting and marketing services; and logistics and shipping services, as well as consultancy and management support services. The company was founded in 2017 and is based in Shenzhen, China.

How the Company Makes Money

Baiya International Group, Inc. Financial Statement Overview

Summary

Financials show a 2024 recovery: revenue grew ~11% YoY, net results moved to near break-even, leverage improved (debt-to-equity ~0.67 vs. ~1.30), and free cash flow turned strongly positive (~$1.58M). Offsetting this, margins remain very low for the industry and results/cash generation have been volatile across years, limiting confidence in durability.

Income Statement

Revenue rebounded in 2024 (annual revenue up ~11% vs. 2023), but profitability remains thin. Gross margin improved to ~11% in 2024 from ~7% in 2023, and the company moved from a meaningful loss in 2023 to near break-even net results in 2024. However, margins are still low for the industry and performance has been volatile over time (strong profits in 2020–2021 followed by losses in 2022–2023), indicating an uneven earnings trajectory.

Balance Sheet

Leverage has come down materially versus 2023, with debt-to-equity improving to ~0.67 in 2024 from ~1.30 in 2023, which reduces financial risk. That said, equity has declined since 2022, and returns on equity remain slightly negative in 2024, reflecting that the company is not consistently generating profits on its capital base. Overall balance sheet risk looks moderate rather than high, but not yet a clear strength.

Cash Flow

Cash generation improved sharply in 2024, with operating cash flow and free cash flow turning strongly positive (~$1.58M) after negative results in 2023. Free cash flow growth also rebounded meaningfully versus the prior year. The main weakness is consistency: cash flow has been highly volatile across years (including negative operating cash flow in 2021 and 2023), which raises confidence risk around durability of the 2024 improvement.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.81M	11.57M	13.16M	20.82M	11.58M
Gross Profit	1.41M	802.35K	1.53M	2.68M	2.23M
EBITDA	78.86K	-866.16K	-1.07M	643.30K	1.14M
Net Income	-8.75K	-1.02M	-1.26M	239.60K	862.14K
Balance Sheet
Total Assets	4.95M	7.62M	7.88M	7.88M	6.54M
Cash, Cash Equivalents and Short-Term Investments	1.67M	31.97K	2.40M	134.49K	302.84K
Total Debt	334.14K	722.27K	787.11K	49.12K	211.69K
Total Liabilities	4.40M	7.03M	6.18M	4.64M	4.99M
Stockholders Equity	500.27K	556.39K	1.62M	3.08M	1.47M
Cash Flow
Free Cash Flow	1.58M	-1.86M	222.61K	-1.56M	25.17K
Operating Cash Flow	1.58M	-1.86M	222.61K	-1.56M	25.17K
Investing Cash Flow	0.00	0.00	0.00	-2.92K	0.00
Financing Cash Flow	76.99K	-447.43K	2.11M	1.40M	0.00

Baiya International Group, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
BIYA	49 Neutral	$4.32M	-0.38	-41.11%	―	―	―
MYSZ	49 Neutral	$2.65M	-0.49	-60.58%	―	-22.01%	93.14%
ULY	47 Neutral	$4.32M	-0.10	―	―	-17.95%	-124.63%
TGL	41 Neutral	$7.61M	-0.04	-269.14%	―	-73.83%	98.11%
FRGT	40 Underperform	$1.85M	>-0.01	―	―	-19.53%	92.37%

Baiya International Group, Inc. Corporate Events

Baiya International Resets EGM to Correct Capital Increase and Seek Mandate for Crypto-Focused Financing

Baiya International Group Inc., a foreign private issuer listed in the United States, has corrected a typographical error in its 2026 extraordinary general meeting materials regarding the size of a proposed increase in authorized share capital and has rescheduled the meeting to comply with its corporate governance requirements. On January 26, 2026, the company disclosed that its extraordinary general meeting, originally set for January 28, 2026, will now be held on February 9, 2026, to give shareholders fresh notice reflecting that authorized share capital is proposed to rise from US$180,000 to US$12,680,000, not US$13,180,000, and to allow voting on a package of measures including a massive expansion of Class A share capacity, potential share consolidations of up to 1-for-5,000, adoption of amended governing documents, broad authority for the board to dispose of company assets over the next 24 months, and a mandate to arrange financing for investments in virtual currencies and digital assets, with shareholders required to use a revised proxy form for their votes to be counted.

The most recent analyst rating on (BIYA) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Baiya International Group, Inc. stock, see the BIYA Stock Forecast page.

Baiya International Regains Full Nasdaq Compliance Ahead of February Deadline

On January 14, 2026, Baiya International Group Inc. announced that it had regained compliance with Nasdaq’s minimum bid price requirement, after its ordinary shares closed at or above $1.00 for ten consecutive trading days from December 30, 2025 to January 13, 2026, resolving a deficiency first disclosed in August 2025 when the stock had traded below $1.00 for more than 30 straight business days. Also on January 14, 2026, the company reported that Nasdaq confirmed it had reestablished compliance with the listing standards related to financial condition by meeting the stockholders’ equity requirement under Rule 5550(b)(1), supported by reported equity of $22.49 million as of September 30, 2025; this closes an earlier deficiency tied to market value of listed securities and other financial thresholds, and stabilizes Baiya’s Nasdaq listing status ahead of the February 2, 2026 deadline, reducing near-term delisting risk for shareholders.

The most recent analyst rating on (BIYA) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Baiya International Group, Inc. stock, see the BIYA Stock Forecast page.

Baiya International Group Calls January 28 EGM to Expand Capital, Restructure Shares and Enable Digital Asset Strategy

On January 6, 2026, Baiya International Group Inc. announced it will hold an Extraordinary General Meeting in New York on January 28, 2026, with shareholders of record as of January 2, 2026 entitled to vote. At the meeting, investors will consider a major increase in authorized share capital by expanding Class A ordinary shares, the adoption of a new memorandum and articles of association that would, among other things, conditionally boost the voting power of Class B shares to 60 votes per share, and a broad authorization for the board to implement one or more reverse share consolidations of Class A shares at ratios up to 1-for-5,000 over the next two years, with fractional shares rounded up. Shareholders will also vote on amending governance documents to reflect any future consolidations, granting the board a wide 24‑month mandate to dispose of company assets at its discretion, and authorizing the board to secure financing to purchase virtual currencies and other digital assets, signaling a potential strategic shift toward digital asset exposure and significantly expanding management’s flexibility in capital structure and asset allocation decisions.

The most recent analyst rating on (BIYA) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Baiya International Group, Inc. stock, see the BIYA Stock Forecast page.

Baiya International Group Sets Late-December Record Date for 1-for-25 Reverse Stock Split to Preserve Nasdaq Listing

On December 23, 2025, Baiya International Group Inc. announced that its board of directors had approved a 1-for-25 reverse stock split of its Class A ordinary shares, aimed at lifting the company’s share price to meet the minimum US$1.00 bid requirement needed to maintain its listing on the Nasdaq Capital Market. The reverse split, which will reduce the number of outstanding ordinary shares from 29,644,605 to approximately 1,185,784 and will not result in the issuance of fractional shares, is scheduled to take effect at 4:01 p.m. ET on December 29, 2025, with split-adjusted trading under the existing BIYA ticker and a new CUSIP beginning December 30, 2025, uniformly impacting all shareholders while seeking to safeguard the company’s Nasdaq listing and market visibility.

Baiya International Group Inc. Announces Share Consolidation and Governance Updates

On November 28, 2025, Baiya International Group Inc. held its 2025 Extraordinary General Meeting of Shareholders, where key resolutions were passed. The shareholders approved a significant share consolidation at a 25:1 ratio, affecting the Class A Ordinary Shares, and adopted the fifth amended and restated memorandum and articles of association. This move is expected to streamline the company’s share structure and align its governance documents with the revised share capital, potentially impacting its market positioning and shareholder value.