Baylin Tech (BYL) AI Stock Analysis

• Market Cap: C$39.41M
• Dividend Yield: N/A
• Average Volume (3M): 100.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 801
• Sector: Technology
• Sector Strength: 86
• Industry: Communication Equipment
• EPS (TTM): -0.01
• Shares Outstanding: 151,560,210
• 10 Day Avg. Volume: 177,191
• 30 Day Avg. Volume: 100,272
• PEG Ratio: -0.08
• Price to Book (P/B): -4.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 108.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$0.30
• Price Target Upside: 15.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: C$0.50 ▲(92.31%Upside)

Baylin Tech faces significant financial challenges with high debt and poor profitability, weighing heavily on its stock score. Technical analysis and recent corporate events provide some positive outlook, but the valuation remains unfavorable due to negative earnings.

Baylin Tech Business Overview & Revenue Model

Company Description

Baylin Technologies Inc., together with its subsidiaries, researches, designs, develops, manufactures, and sells passive and active radio frequency (RF) products, satellite communications products, and supporting services. It offers embedded antennas for use in smartphones, tablets, and other mobile devices; device-specific antennas for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems (DAS), small cell system antennas, and base station antennas (BSA) for original equipment manufacturer, DAS, BSA, and small cell markets. The company also provides RF components, including GaN-based power amplifiers, gallium arsenide-based power amplifiers, indoor and outdoor frequency converters, and transceivers; microwave components comprising point-to-point microwave radios and network management software; fixed and mobile antennas, and antenna controllers for customers in the broadcast, maritime and cruise ships, government and military, homeland security, direct-to-home satellite, oil and gas, and wireless communications verticals. In addition, it offers RF and microwave solid state power amplifiers; and pulsed amplifiers for radar applications, and transmitter and transceiver products, as well as RF passive components and systems. The company offers its products under the Galtronics, Advantech Wireless, Alga Microwave, and Mitec VSAT brands. It operates in the United States, Vietnam, China, India, Thailand, South Korea, Canada, Sweden, Indonesia, Hungary, Taiwan, Philippines, Portugal, Romania, Japan, Brazil, Israel, Singapore, Australia, France, Germany, Russia, and internationally. The company was founded in 1978 and is headquartered in Toronto, Canada.

How the Company Makes Money

Baylin Tech generates revenue primarily through the sale of its wireless communication products, including antennas and radio frequency components. The company serves a diverse range of clients across multiple industries, ensuring a steady demand for its products. Key revenue streams include direct sales to telecommunications providers, contracts with aerospace and defense agencies, and partnerships with other technology firms for the integration of Baylin's products into broader communication systems. Strategic partnerships and long-term contracts contribute significantly to Baylin Tech's earnings, providing a stable financial foundation and opportunities for growth.

Baylin Tech Financial Statement Overview

Summary

Baylin Tech faces significant financial challenges with negative net profit and EBIT margins, insolvency indicated by negative equity, and high debt levels. While revenue growth and improved cash flows are positive, the lack of profitability and solvency issues are concerning.

Income Statement

Baylin Tech has demonstrated a volatile revenue trajectory with a recent revenue growth rate of 14.45% from 2023 to 2024. Despite this growth, the company struggles with profitability, indicated by a negative net profit margin of -9.39% and a negative EBIT margin of -5.42% in 2024. The gross profit margin stands at a moderate 41.14%, suggesting some ability to cover production costs, albeit insufficient to lead to overall profitability due to high operating expenses.

Balance Sheet

The company's balance sheet shows significant financial distress with negative stockholders' equity of -8.52 million USD in 2024, indicating insolvency. The debt-to-equity ratio is not calculable due to negative equity, but the high total debt levels at 30.68 million USD relative to negative equity are concerning. The equity ratio is also negative, reflecting the substantial financial leverage and potential risk of default.

Cash Flow

Cash flow analysis indicates some improvement, with operating cash flow turning positive in 2024 to 0.464 million USD from a negative figure in 2023. The free cash flow has also improved to 0.327 million USD. However, the free cash flow to net income ratio is not favorable, and the operating cash flow to net income ratio suggests weak cash generation relative to earnings deficits.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	83.59M	73.04M	120.86M	102.49M	119.74M
Gross Profit	34.39M	28.40M	32.91M	15.11M	35.40M
EBITDA	-1.79M	229.00K	-1.52M	-46.28M	-1.29M
Net Income	-7.85M	-13.85M	-16.88M	-67.42M	-16.92M
Balance Sheet
Total Assets	49.17M	59.71M	74.38M	93.03M	133.47M
Cash, Cash Equivalents and Short-Term Investments	5.01M	4.90M	7.38M	19.67M	11.21M
Total Debt	30.68M	28.66M	44.83M	48.76M	58.44M
Total Liabilities	57.69M	59.75M	77.64M	81.25M	84.61M
Stockholders Equity	-8.52M	-36.00K	-3.26M	11.78M	48.86M
Cash Flow
Free Cash Flow	327.00K	-7.39M	-6.74M	-8.29M	-3.47M
Operating Cash Flow	464.00K	-7.08M	-4.98M	-6.88M	3.66M
Investing Cash Flow	-137.00K	-33.00K	-1.74M	-1.41M	-6.98M
Financing Cash Flow	-566.00K	4.85M	-6.59M	16.86M	636.00K

Baylin Tech Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.26
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BYL, the sentiment is Positive. The current price of 0.26 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.26, and below the 200-day MA of 0.35, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 58.45 is Neutral, neither overbought nor oversold. The STOCH value of 48.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BYL.

Baylin Tech Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BEW	77 Outperform	C$66.37M	111.94	7.04%	―	41.67%	-23.86%
Sector *	49 Neutral	C$2.90B	2.14	-80.91%	2.95%	6.62%	-18.96%
BYL	49 Neutral	C$39.41M	―	275.12%	―	―	―
CMI	46 Neutral	C$44.37M	24.42	-4.55%	4.76%	-41.82%	-149.06%
MMAX		$249.16K	―		―	―	―
LTE	41 Neutral	C$6.73M	―		―	30.25%	67.07%
NUR		C$2.38M	―		―	―	―

Baylin Tech Corporate Events

Baylin Technologies Announces Shareholder Meeting Results and Strategic Approvals

Baylin Technologies Inc. announced the results of its 2025 annual and special meeting of shareholders, where all proposed items were approved. Key decisions included the election of directors, appointment of auditors, and approval of amendments to the Omnibus Equity Incentive Plan, the 2024 Bonus Awards Plan, and the Performance Award Plan. Additionally, shareholders approved a common share consolidation, which the board will implement at a later date. These decisions reflect Baylin’s strategic focus on enhancing its compensation structures and optimizing its share structure to support future growth.

Baylin Technologies Reports Q1 2025 Financial Results

Baylin Technologies reported its financial results for the first quarter of 2025, highlighting a gross profit increase of 3.6% to $8.0 million despite a revenue decline of 5.9% to $18.9 million. The company achieved a gross margin of 42.4%, up from 38.5% in the previous year, driven by a favorable product mix in its Wireless Infrastructure business line. Adjusted EBITDA rose by 47.8% to $0.7 million, although the net loss remained consistent at $2.0 million. The company’s net debt decreased by $2.2 million, and the backlog increased to $32.5 million, indicating a positive order intake across all business lines.