SAIHEAT Limited (SAIH) AI Stock Analysis

• Market Cap: $77.99M
• Dividend Yield: N/A
• Average Volume (3M): 38.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.02
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 34
• Sector: Technology
• Sector Strength: 84
• Industry: Information Technology Services
• EPS (TTM): -2.25
• Shares Outstanding: 1,053,589
• 10 Day Avg. Volume: 9,869
• 30 Day Avg. Volume: 38,058
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.28
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: -38.04
• 1Y Price Target: $8.00
• Price Target Upside: 9.59% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: $8.00 ▲(9.59% Upside)

SAIHEAT Limited's overall stock score is heavily impacted by its poor financial performance, which is the most significant factor. The technical analysis provides some neutral signals but does not offset the negative financial outlook. The valuation score reflects the company's ongoing financial difficulties, with a negative P/E ratio and no dividend yield.

SAIHEAT Limited Business Overview & Revenue Model

Company Description

SAIHEAT Limited engages in the development of liquid-cooling data centers. It develops technologies for the advanced computing center ecosystem, a center that provides high-performance servers, liquid cooling, and systems for capturing and recycling computing heat. 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 headquartered in Singapore.

How the Company Makes Money

SAIHEAT Limited generates revenue primarily through the sale of its heating systems and related products, which are sold directly to consumers and businesses. The company also earns money through installation services and maintenance contracts, ensuring long-term customer relationships and recurring revenue streams. Additionally, SAIH may engage in partnerships with energy providers and government agencies to participate in incentive programs that promote renewable energy usage, further enhancing its financial performance. The company also explores licensing its technology and software solutions to other manufacturers, creating additional revenue opportunities.

SAIHEAT Limited Financial Statement Overview

Summary

SAIHEAT Limited is experiencing significant financial challenges, with declining revenues, persistent net losses, and negative cash flows. While the balance sheet shows moderate stability with a manageable debt-to-equity ratio, the overall financial health is concerning due to inefficiencies and liquidity issues.

Income Statement

SAIHEAT Limited exhibits declining total revenue over the past years, with a significant decrease from $17,038,000 in 2021 to $5,543,000 in 2024. The company consistently reports negative EBIT and net income, indicating ongoing profitability challenges. The gross profit margin is negative in 2024, reflecting cost inefficiencies. These factors suggest financial instability and a need for strategic turnaround.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, with total debt of $2,683,000 and stockholders' equity at $14,366,000 in 2024. However, the decline in stockholders' equity suggests potential financial strain. Despite a reasonable equity ratio of 77.5%, the decrease in total assets could pose risks. Overall, the balance sheet shows moderate stability but indicates areas requiring improvement.

Cash Flow

SAIHEAT Limited faces challenges with cash flow, evidenced by negative operating and free cash flows over the years. The free cash flow worsened from -$6,805,000 in 2022 to -$6,267,000 in 2024. The operating cash flow to net income ratio is unfavorable, indicating inefficiencies in cash generation relative to net losses. These issues highlight liquidity concerns that need addressing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.54M	6.78M	10.64M	17.04M	1.96M
Gross Profit	-1.01M	457.00K	1.14M	1.26M	902.00K
EBITDA	-3.99M	-5.67M	-4.69M	-16.00M	405.00K
Net Income	-5.89M	-6.12M	-8.85M	-16.70M	403.00K
Balance Sheet
Total Assets	18.53M	18.07M	21.10M	11.53M	4.04M
Cash, Cash Equivalents and Short-Term Investments	1.06M	3.26M	11.23M	4.48M	1.30M
Total Debt	2.68M	810.00K	419.00K	44.00K	0.00
Total Liabilities	4.17M	1.26M	786.00K	13.90M	3.54M
Stockholders Equity	14.37M	16.82M	20.31M	-2.36M	496.00K
Cash Flow
Free Cash Flow	-6.27M	-8.17M	-6.80M	-4.95M	-1.79M
Operating Cash Flow	-5.55M	-3.13M	-4.93M	-983.00K	-1.03M
Investing Cash Flow	1.35M	-4.90M	-6.42M	-3.97M	-759.00K
Financing Cash Flow	2.12M	9.00K	18.53M	8.19M	2.89M

SAIHEAT Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 7.30
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SAIH, the sentiment is Neutral. The current price of 7.3 is below the 20-day moving average (MA) of 7.54, below the 50-day MA of 8.32, and below the 200-day MA of 9.38, indicating a bearish trend. The MACD of -0.49 indicates Positive momentum. The RSI at 45.89 is Neutral, neither overbought nor oversold. The STOCH value of 39.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SAIH.

SAIHEAT Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GMM	64 Neutral	$68.67M	1.09	15.52%	―	41.74%	-75.97%
DTST	63 Neutral	$33.92M	180.23	-1.42%	―	0.53%	-233.01%
USIO	61 Neutral	$38.15M	14.50	16.71%	―	4.44%	―
Sector *	61 Neutral	$34.98B	7.37	-10.82%	1.91%	8.82%	-8.66%
WYY	55 Neutral	$36.76M	―	-15.98%	―	16.25%	41.38%
CLPS	49 Neutral	$28.40M	―	-1.97%	―	5.81%	55.03%
SAIH	46 Neutral	$77.99M	―	-36.39%	―	―	―