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Financial statements

Ping An Biomedical Co., Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Ping An Biomedical Co., Ltd. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025
Revenue4.8
Cost of revenue4.66
Gross profit0.13
Selling and marketing0.04
General and administrative0.84
Operating expenses2.2
Operating income-2.07
Interest expense0.04
Interest income0.05
Other non-operating income0
Pre-tax income-2.06
Income tax0.26
Net income-1.8
EBITDA-2.06
EPS, basic-0.10
EPS, diluted-0.10
Shares, basic (weighted)18.5
Shares, diluted (weighted)18.5

Balance sheet

FY2025
Cash and equivalents0.16
Receivables2.38
Inventory0.06
Other current assets1.35
Total current assets8.95
Lease right-of-use assets0.07
Total assets9.61
Accounts payable1.32
Deferred revenue0.01
Short-term debt1.4
Total current liabilities3.24
Lease liabilities0.01
Total liabilities3.26
Paid-in capital9.3
Retained earnings-2.96
Other comprehensive income-0.23
Shareholders' equity6.36
Total equity6.36
Total liabilities and equity9.61
Shares outstanding20.5

Cash flow statement

FY2025
Net income-1.8
Depreciation and amortization0
Change in receivables1.99
Change in inventory-0.04
Change in payables-0.79
Cash from operations-0.9
Cash from financing6.13
Exchange rate effect-0.09
Net change in cash5.23
Interest paid0.04

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.13 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin2.8%Gross profit / revenue.
Operating margin-43.1%Operating income / revenue.
EBITDA margin-43.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-43.0%Pre-tax income / revenue.
Net margin-37.6%Net income / revenue.
Operating cash flow margin-18.8%Cash from operations / revenue.
Return on equity (ROE)-28.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-18.8%Net income / average total assets.
Return on invested capital (ROIC)-26.4%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue0.0%Depreciation and amortization / revenue.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.76xCurrent assets / current liabilities.
Quick ratio0.78x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.05x(Cash + short-term investments) / current liabilities.
Liabilities / assets33.9%Total liabilities / total assets.
Interest coverage-47.9xOperating income / interest expense.
Working capital$5.7MCurrent assets - current liabilities.
Tangible book value$6.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.50xRevenue / average total assets.
Inventory turnover75.1xCost of revenue / average inventory.
Days inventory5 days365 x average inventory / cost of revenue.
Receivables turnover2.02xRevenue / average receivables.
Days sales outstanding181 days365 x average receivables / revenue.
Days payables103 days365 x average accounts payable / cost of revenue.
Cash conversion cycle82 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.10Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.10Net income per basic share, as reported (split-adjusted).
Revenue per share$0.26Revenue / diluted weighted shares.
Operating cash flow per share-$0.05Cash from operations / diluted weighted shares.
Book value per share$0.31Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.31Tangible book value / shares outstanding.
Cash per share$0.01(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$15.8MShare price x shares outstanding.
Enterprise value$15.7MMarket cap + total debt - cash - short-term investments.
P/S3.30xMarket cap / revenue.
P/B2.49xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.49xMarket cap / tangible book value, when positive.
EV/Sales3.26xEnterprise value / revenue.
Earnings yield-11.4%Net income / market cap (the inverse of P/E).
What was Ping An Biomedical Co., Ltd.'s revenue in fiscal 2025?

Ping An Biomedical Co., Ltd. reported revenue of $4.8M for fiscal 2025.

Was Ping An Biomedical Co., Ltd. profitable in fiscal 2025?

No. It reported a net loss of $1.8M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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