Taoping Inc. key statistics and ratios

In fiscal 2025, Taoping Inc. had return on equity of -56.8% and a net margin of -32.7%. 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.

Taoping Inc.: financial ratios, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net margin	21.0%	6.9%	−103.8%	−215.2%	−75.7%	−73.0%	−178.3%	4.7%	8.2%	−26.0%	−159.9%	−51.2%	−29.2%	−1.8%	−5.0%	−32.7%
Return on equity	15.3%	3.5%	−48.0%	−132.5%	−102.8%	−37.3%	−149.0%	18.9%	24.8%	−53.0%	—	−171.3%	−49.1%	−6.2%	−12.7%	−56.8%
Return on assets	—	2.2%	−27.6%	−50.0%	−15.9%	−6.1%	−36.2%	2.4%	4.3%	−8.7%	−49.6%	−25.5%	−18.5%	−2.3%	−5.4%	−27.0%
Effective tax rate	18.1%	8.6%	—	—	—	—	—	—	—	—	—	—	—	—	—	—
R&D as % of revenue	1.8%	3.9%	5.7%	4.0%	3.8%	33.5%	29.9%	22.2%	23.1%	26.1%	35.2%	23.1%	14.9%	7.7%	6.6%	5.6%

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

2 of 6 checks passed · December 31, 2025

What it owns · $39m

Short-term assets $26mLonger-term assets $13m

What it owes, and who funded it · $39m

Short-term liabilities $14mLonger-term liabilities $6mShareholders' equity $20m

Short-term assets cover short-term liabilities $26m of assets due within a year against $14m of liabilities due within a year.
Short-term assets cover long-term liabilities $26m short-term assets against $6m of longer-dated liabilities.
More cash than debt $2m of cash against $11m of debt.
Debt below 40% of shareholders' equity Debt is 59% of equity.
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 −$3m of operating cash flow against $11m of debt.
Operating profit covers interest at least five times over Operating income of −$9m against $978,900 of interest.

From Taoping 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: TAOP vs ZDGE CRGO vs TAOP IDN vs TAOP

More: Application Software stocks compared, Technology sector, rankings of US companies

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