NASDAQ : YIBO
Planet Image International Limited — Financial statements
Technology · Computer Hardware · China
Last price 0.9526 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 56.43M
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Financial statements
Planet Image International Limited (YIBO) reported revenue of 150.02M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 150.02M | 155.25M | 149.83M | 150.22M | 142.13M | 141.50M |
| Cost of Revenue | 108.71M | 109.56M | 97.54M | 91.25M | 87.11M | 92.72M |
| Gross Profit | 41.31M | 45.68M | 52.29M | 58.97M | 55.02M | 48.78M |
| Selling, General & Admin | 39.21M | 47.21M | 39.17M | 39.61M | 36.91M | 40.24M |
| Research & Development | 5.03M | 9.82M | 6.22M | 6.64M | 6.78M | 5.42M |
| Operating Expenses | 44.24M | 57.03M | 45.39M | 46.24M | 43.69M | 45.66M |
| Operating Income | -2.93M | -11.34M | 6.90M | 12.73M | 11.33M | 3.13M |
| Interest Expense | -28.00K | -175.00K | -540.00K | -1.20M | -1.18M | |
| Interest & Investment Income | 279.00K | 279.00K | ||||
| Currency Exchange Gain (Loss) | -2.30M | 1.25M | -1.34M | 212.00K | -1.51M | -2.19M |
| Other Non Operating Income (Expenses) | 4.83M | 2.50M | 1.25M | -4.29M | -2.39M | 4.27M |
| EBT Excluding Unusual Items | -152.00K | -7.31M | 6.63M | 8.11M | 6.23M | 4.02M |
| Gain (Loss) on Sale of Assets | 734.00K | 734.00K | ||||
| Other Unusual Items | 496.00K | 496.00K | 901.00K | 505.00K | 1.15M | 912.00K |
| Pretax Income | 1.08M | -6.08M | 7.53M | 8.61M | 7.38M | 4.93M |
| Income Tax Expense | 2.33M | 2.17M | 414.00K | 840.00K | 139.00K | 7.00K |
| Net Income | -1.25M | -8.25M | 7.11M | 7.77M | 7.24M | 4.92M |
| Net Income to Common | -1.25M | -8.25M | 7.11M | 7.77M | 7.24M | 4.92M |
| Shares Outstanding (Basic) | 59.25M | 56.98M | 52.90M | 42.11M | 42.11M | 42.11M |
| Shares Outstanding (Diluted) | 59.25M | 56.98M | 52.90M | 42.11M | 42.11M | 42.11M |
| EPS (Basic) | -0.02 | -0.14 | 0.13 | 0.18 | 0.17 | 0.12 |
| EPS (Diluted) | -0.02 | -0.14 | 0.13 | 0.18 | 0.17 | 0.12 |
| Free Cash Flow | -19.08M | -3.27M | -3.27M | 16.90M | 6.27M | 4.55M |
| Free Cash Flow Per Share | -0.32 | -0.06 | -0.06 | 0.40 | 0.15 | 0.11 |
| Gross Margin | 27.53% | 29.43% | 34.90% | 39.26% | 38.71% | 34.48% |
| Operating Margin | -1.96% | -7.31% | 4.60% | 8.47% | 7.97% | 2.21% |
| Profit Margin | -0.83% | -5.32% | 4.75% | 5.17% | 5.10% | 3.48% |
| Free Cash Flow Margin | -12.72% | -2.11% | -2.19% | 11.25% | 4.41% | 3.22% |
| EBITDA | -1.47M | -9.92M | 7.99M | 14.01M | 12.54M | 4.42M |
| EBITDA Margin | -0.98% | -6.39% | 5.33% | 9.33% | 8.82% | 3.13% |
| D&A For EBITDA | 1.46M | 1.42M | 1.09M | 1.28M | 1.21M | 1.30M |
| EBIT | -2.93M | -11.34M | 6.90M | 12.73M | 11.33M | 3.13M |
| EBIT Margin | -1.96% | -7.31% | 4.60% | 8.47% | 7.97% | 2.21% |
| Effective Tax Rate | 216.23% | 5.50% | 9.75% | 1.88% | 0.14% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 24.53M | 52.91M | 43.00M | 45.13M | 36.76M | 29.97M |
| Short-Term Investments | 5.50M | 1.50M | 6.46M | |||
| Cash & Short-Term Investments | 30.03M | 54.41M | 49.46M | 45.13M | 36.76M | 29.97M |
| Accounts Receivable | 55.13M | 50.64M | 31.64M | 31.30M | 24.90M | 26.86M |
| Other Receivables | 6.38M | 5.83M | 6.34M | 3.50M | 4.14M | 2.59M |
| Receivables | 68.72M | 56.47M | 37.98M | 34.80M | 29.05M | 29.46M |
| Inventory | 13.32M | 14.55M | 20.62M | 17.45M | 21.13M | 24.38M |
| Restricted Cash | 294.00K | 1.00M | 2.89M | 19.04M | 15.94M | 11.19M |
| Other Current Assets | 4.00M | 680.00K | 4.57M | 2.17M | 2.63M | 1.97M |
| Total Current Assets | 116.37M | 127.11M | 115.52M | 118.59M | 105.50M | 96.97M |
| Property, Plant & Equipment | 16.59M | 16.42M | 11.43M | 10.38M | 11.98M | 13.79M |
| Long-Term Investments | 4.33M | 5.29M | 5.56M | |||
| Long-Term Deferred Tax Assets | 1.53M | 1.04M | 790.00K | 696.00K | ||
| Other Long-Term Assets | 4.82M | 5.33M | 4.88M | 259.00K | 352.00K | 248.00K |
| Total Assets | 142.11M | 154.15M | 138.92M | 130.27M | 118.62M | 111.70M |
| Accounts Payable | 19.34M | 27.23M | 26.06M | 22.51M | 17.85M | 33.38M |
| Accrued Expenses | 5.02M | 10.98M | 12.46M | 13.78M | 11.79M | 11.64M |
| Short-Term Debt | 38.77M | 36.94M | 37.19M | 39.50M | 42.88M | 29.07M |
| Current Portion of Long-Term Debt | 147.00K | 143.00K | ||||
| Current Portion of Leases | 2.23M | 2.03M | 1.03M | 1.26M | 1.27M | 1.19M |
| Current Income Taxes Payable | 2.83M | 2.63M | 2.17M | 1.87M | 805.00K | 1.49M |
| Current Unearned Revenue | 673.00K | 579.00K | 641.00K | 744.00K | 692.00K | 1.04M |
| Other Current Liabilities | 244.00K | 173.00K | 316.00K | 2.70M | 2.38M | 720.00K |
| Total Current Liabilities | 69.25M | 80.71M | 79.86M | 82.37M | 77.67M | 78.53M |
| Long-Term Debt | 8.51M | 8.34M | ||||
| Long-Term Leases | 6.49M | 6.94M | 2.17M | 683.00K | 1.79M | 2.71M |
| Long-Term Deferred Tax Liabilities | 266.00K | 248.00K | ||||
| Other Long-Term Liabilities | 14.10M | 14.10M | 14.10M | |||
| Total Liabilities | 84.52M | 96.24M | 82.04M | 97.16M | 93.56M | 95.34M |
| Common Stock | 2.00K | 2.00K | 2.00K | 1.00K | 1.00K | 1.00K |
| Additional Paid-In Capital | 26.05M | 26.05M | 17.41M | 833.00K | 833.00K | 833.00K |
| Retained Earnings | 27.04M | 28.08M | 36.33M | 29.22M | 21.44M | 14.20M |
| Comprehensive Income & Other | 4.50M | 3.77M | 3.15M | 3.06M | 2.79M | 1.32M |
| Shareholders' Equity | 57.59M | 57.90M | 56.89M | 33.11M | 25.06M | 16.35M |
| Total Liabilities & Equity | 142.11M | 154.15M | 138.92M | 130.27M | 118.62M | 111.70M |
| Total Debt | 56.14M | 54.40M | 40.39M | 41.44M | 45.94M | 32.97M |
| Net Cash (Debt) | -26.11M | 10.00K | 9.07M | 3.69M | -9.19M | -3.00M |
| Net Cash Per Share | -0.44 | 0.00 | 0.17 | 0.09 | -0.22 | -0.07 |
| Filing Date Shares Outstanding | 59.23M | 59.23M | 53.88M | 53.88M | 52.63M | 42.11M |
| Total Common Shares Outstanding | 59.23M | 59.23M | 53.88M | 52.63M | 52.63M | 42.11M |
| Working Capital | 47.12M | 46.39M | 35.66M | 36.22M | 27.84M | 18.43M |
| Book Value Per Share | 0.97 | 0.98 | 1.06 | 0.63 | 0.48 | 0.39 |
| Tangible Book Value | 57.59M | 57.90M | 56.89M | 33.11M | 25.06M | 16.35M |
| Tangible Book Value Per Share | 0.97 | 0.98 | 1.06 | 0.63 | 0.48 | 0.39 |
| Land | 3.63M | 3.52M | 3.44M | 3.49M | 3.56M | 3.87M |
| Buildings | 6.88M | 6.58M | 6.46M | 6.42M | 6.21M | 6.64M |
| Machinery | 10.12M | 9.06M | 8.34M | 7.82M | 7.81M | 7.49M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.25M | -8.25M | 7.11M | 7.77M | 7.24M | 4.92M |
| Depreciation & Amortization | 3.74M | 3.46M | 2.38M | 2.53M | 2.40M | 2.52M |
| Loss (Gain) From Sale of Assets | -722.00K | -730.00K | 171.00K | 195.00K | 6.00K | 13.00K |
| Stock-Based Compensation | 8.64M | |||||
| Provision & Write-off of Bad Debts | 246.00K | 613.00K | 120.00K | -13.00K | -417.00K | 605.00K |
| Other Operating Activities | -615.00K | 1.37M | -1.52M | 976.00K | 2.22M | 1.27M |
| Change in Accounts Receivable | -14.58M | -17.41M | -1.02M | -6.39M | 1.93M | -1.92M |
| Change in Inventory | 1.09M | 5.48M | -3.58M | 2.83M | 1.69M | 3.82M |
| Change in Accounts Payable | -1.94M | 1.02M | 3.02M | 5.23M | -3.91M | -5.97M |
| Change in Income Taxes | 507.00K | 442.00K | 296.00K | 1.07M | -686.00K | 571.00K |
| Change in Other Net Operating Assets | -4.19M | 2.92M | -9.12M | 3.69M | -3.02M | 600.00K |
| Operating Cash Flow | -17.72M | -2.44M | -2.15M | 17.89M | 7.45M | 6.43M |
| Capital Expenditures | -1.36M | -825.00K | -1.13M | -995.00K | -1.18M | -1.88M |
| Sale of Property, Plant & Equipment | 7.00K | 7.00K | 2.00K | 8.00K | 26.00K | |
| Divestitures | -314.00K | -414.00K | ||||
| Investment in Securities | -967.00K | 5.11M | -16.76M | |||
| Investing Cash Flow | -9.84M | 3.87M | -17.88M | -987.00K | -1.18M | -1.85M |
| Short-Term Debt Issued | 32.14M | 38.03M | ||||
| Long-Term Debt Issued | 40.40M | 30.72M | 31.99M | |||
| Total Debt Issued | 32.32M | 40.40M | 30.72M | 31.99M | 32.14M | 38.03M |
| Short-Term Debt Repaid | -27.65M | -38.80M | ||||
| Long-Term Debt Repaid | -34.06M | -33.13M | -36.24M | |||
| Total Debt Repaid | -32.26M | -34.06M | -33.13M | -36.24M | -27.65M | -38.80M |
| Net Debt Issued (Repaid) | 58.00K | 6.34M | -2.41M | -4.25M | 4.49M | -774.00K |
| Issuance of Common Stock | 4.30M | |||||
| Other Financing Activities | -417.00K | -479.00K | -100.00K | -840.00K | ||
| Financing Cash Flow | 58.00K | 6.34M | 1.48M | -4.73M | 4.39M | -1.61M |
| Foreign Exchange Rate Adjustments | -542.00K | 252.00K | 272.00K | -711.00K | 882.00K | -182.00K |
| Net Cash Flow | -28.04M | 8.02M | -18.28M | 11.47M | 11.54M | 2.78M |
| Free Cash Flow | -19.08M | -3.27M | -3.27M | 16.90M | 6.27M | 4.55M |
| Free Cash Flow Margin | -12.72% | -2.11% | -2.19% | 11.25% | 4.41% | 3.22% |
| Free Cash Flow Per Share | -0.32 | -0.06 | -0.06 | 0.40 | 0.15 | 0.11 |
| Levered Free Cash Flow | -32.07M | -2.49M | 12.89M | 12.53M | -8.95M | 759.00K |
| Unlevered Free Cash Flow | -32.05M | -2.49M | 13.00M | 12.87M | -8.20M | 1.50M |
| Cash Interest Paid | 1.03M | 1.07M | 1.00M | 1.27M | 1.50M | 1.46M |
| Cash Income Tax Paid | 158.00K | 197.00K | 553.00K | 120.00K | 366.00K | 21.00K |
| Change in Working Capital | -19.11M | -7.55M | -10.42M | 6.43M | -4.00M | -2.90M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 62.20M | 56.27M | 183.20M | |||
| Enterprise Value | 88.31M | 49.72M | 175.58M | |||
| Last Close Price | 1.05 | 0.95 | 3.40 | |||
| PE Ratio | 25.75 | |||||
| PS Ratio | 0.41 | 0.36 | 1.22 | |||
| PB Ratio | 1.08 | 0.97 | 3.22 | |||
| P/TBV Ratio | 1.08 | 0.97 | 3.22 | |||
| EV/Sales Ratio | 0.59 | 0.32 | 1.17 | |||
| EV/EBITDA Ratio | 21.98 | |||||
| EV/EBIT Ratio | 25.46 | |||||
| Debt / Equity Ratio | 0.97 | 0.94 | 0.71 | 1.25 | 1.83 | 2.02 |
| Debt / EBITDA Ratio | 41.22 | 4.32 | 2.67 | 3.31 | 5.62 | |
| Debt / FCF Ratio | 2.45 | 7.32 | 7.24 | |||
| Net Debt / Equity Ratio | 0.45 | 0.00 | -0.16 | -0.11 | 0.37 | 0.18 |
| Net Debt / EBITDA Ratio | -17.77 | 0.00 | -1.14 | -0.26 | 0.73 | 0.68 |
| Net Debt / FCF Ratio | -1.37 | 0.00 | 2.77 | -0.22 | 1.46 | 0.66 |
| Asset Turnover | 1.06 | 1.06 | 1.11 | 1.21 | 1.23 | 1.26 |
| Inventory Turnover | 7.96 | 6.23 | 5.12 | 4.73 | 3.83 | 3.46 |
| Quick Ratio | 1.32 | 1.37 | 1.09 | 0.97 | 0.85 | 0.76 |
| Current Ratio | 1.68 | 1.57 | 1.45 | 1.44 | 1.36 | 1.24 |
| Return on Equity (ROE) | -2.16% | -14.38% | 15.81% | 26.73% | 34.97% | 34.34% |
| Return on Assets (ROA) | -1.30% | -4.84% | 3.20% | 6.39% | 6.15% | 1.74% |
| Return on Invested Capital (ROIC) | 4.07% | -21.46% | 16.87% | 36.08% | 41.49% | 16.59% |
| Return on Capital Employed (ROCE) | -4.00% | -15.40% | 11.70% | 26.60% | 27.70% | 9.40% |
| Earnings Yield | -2.01% | -14.66% | 3.88% | |||
| FCF Yield | -30.68% | -5.81% | -1.79% | |||
| Buyback Yield / Dilution | -9.50% | -7.70% | -25.64% | -9,900.00% |