Baiya International Group Inc. key statistics and ratios

In fiscal 2025, Baiya International Group Inc. had return on equity of -81.3%, an operating margin of -58.1% and a current ratio of 5.54. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Baiya International Group Inc.: financial ratios, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	11.6%	6.9%	11.0%	11.5%
Operating margin	−10.7%	−6.2%	0.5%	−58.1%
Net margin	−9.6%	−8.8%	−0.1%	−57.8%
Free-cash-flow margin	—	—	—	−45.2%
Return on equity	−74.2%	−90.0%	−1.7%	−81.3%
Return on assets	—	−13.3%	−0.1%	−58.2%
Asset turnover	—	1.52	2.04	1.01
Current ratio	—	1.09	1.02	5.54
Debt to equity	0.0%	127.9%	23.5%	—
Interest cover (operating income ÷ interest)	n/m	n/m	2.0x	—
Effective tax rate	—	—	81.0%	—
R&D as % of revenue	3.6%	2.6%	1.9%	1.4%
Capital spending as % of revenue	—	—	—	0.0%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

3 of 3 checks passed · December 31, 2025

What it owns · $28m

Short-term assets $26mLonger-term assets $1m

What it owes, and who funded it · $28m

Short-term liabilities $5mLonger-term liabilities $0mShareholders' equity $23m

Short-term assets cover short-term liabilities $26m of assets due within a year against $5m of liabilities due within a year.
Short-term assets cover long-term liabilities $26m short-term assets against $6,363 of longer-dated liabilities.
More cash than debt Cash or debt not separately reported. Not assessable.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
Operating profit covers interest at least five times over Operating income of −$10m against −$3,349 of interest.

From Baiya International Group Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: BIYA vs CLIK BIYA vs HQI BIYA vs GLXG

More: Human Resource & Employment Services stocks compared, Industrials sector, rankings of US companies

Figures from Baiya International Group Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Baiya International Group Inc.