SAIHEAT Ltd
How the company evolved, year by year. Revenue and debt come from the annual reports — for most companies, the 10-K filings with the SEC since 2009; dividends from the payments themselves.
The bars are a balance on the closing date; the lines are what happened during the year. Revenue above equity is ordinary, not an anomaly — it means the company turns its capital over more than once a year.
Major managers that reported this stock in their latest 13F.
None of the investors we track reported a position in SAIH.
▼ -79.6% over 5Y.
today you would have $206.94▼ -79.3%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 5 closed years. Each multiple uses that year’s closing price and that year’s reported numbers — not today’s. The range is set by the annual reports on record.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Year-end price | $9.20 | $11.55 | $17.85 | $30.15 | $147.60 | |
| P/S | 3.7x | 3.7x | 3.5x | 4.3x | 3.7x | 7.5x |
| P/B | 1.8x | 2.3x | 1.4x | 1.7x | 2.0x | — |
| EPS | -$3.51 | -$3.46 | -$3.79 | -$6.72 | -$21.41 |
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| SQNSSequans Communications | $2.91 | — | 1.1x | — | -430.49% | $43.65M |
| CMTLComtech Telecommunications Corp | $1.46 | — | 0.8x | — | -9.13% | $43.74M |
| AXILAxil Brands, Inc. | $6.38 | 19.3x | 3.3x | — | 23.67% | $43.49M |
| MLGOMicroAlgo Inc. | $4.04 |
SAIHEAT Limited engages in the development of liquid cooling technologies for cryptocurrency assets. It provides SAIHUB CAB, an indoor cabinet that turns traditional air-cooled bitcoin mining machines into liquid-cooled bitcoin mining machines; ULTIWIT System, a series of outdoor infrastructure products; and advanced computing center ecosystem, a suite of liquid-cooling system that enable carbon-negative data center operations by repurposing waste computing heat. The company also offers mobile and resilient outdoor computing infrastructure units comprising WITBOX product line, including TANKBOX, RACKBOX, and HYDROBOX; HEATBOX, a product line that regulates, supplies, and controls recovered computing heat generated from computing servers; and USERBOX, a design and product that supports computing heat recovery applications. In addition, it provides bitcoin mining machine hosting and mining pool services; and engages in cryptocurrency mining operations comprising Bitcoins. The company was formerly known as SAI.TECH Global Corporation and changed its name to SAIHEAT Limited in August 2024. SAIHEAT Limited was founded in 2019 and is based in Singapore.
Company description provided by Yahoo Finance.
| Profit margin | -98.04% | -142.72% | -106.19% | -90.32% | -83.15% | -98.04% |
| ROE | -42.26% | -87.23% | -40.97% | -36.39% | -43.54% | — |
Median, not average: a single year of near-zero profit produces a P/E of 400 and would drag an average on its own. P/E years above 200x are left out, the same cut the fair price uses — so this median matches the “its own history” method below. Price and EPS have no median: they are series that grow.
| 2.0x |
| 0.1x |
| — |
| 7.48% |
| $44.2M |
| PXLWPixelworks Inc | $7.08 | — | 0.8x | — | -25.44% | $42.83M |
| PHUNPhunware, Inc. | $2.09 | — | 0.5x | — | -13.72% | $42.77M |