Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue86¢$134.8M
- Selling, general and admin11¢$16.6M
- Interest0¢$605.4K
- Income tax3¢$4.0M
Out of $134.6M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2023
- Capital spending0¢$34.6K
- Kept or used elsewhere100¢$9.5M
Out of $9.5M of cash from operations.3
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | -$5.5M4 | $488.1K5 | $663.0K6 | $28.3M7 | $201.1M8 | $156.8M3 | $134.6M3 |
| Cost of revenue | $71.3K5 | $2.1M5 | $7.9M7 | $174.0M8 | $155.8M3 | $134.8M3 | |
| Gross profit | $416.8K5 | $73.6K6 | $3.6M7 | $3.0M8 | $1.0M3 | -$189.5K3 | |
| Selling, general and admin | $2.5M5 | $2.3M6 | $3.0M6 | $8.8M3 | $16.6M3 | ||
| Operating expenses | -$10.0M8 | $8.9M3 | $16.6M3 | ||||
| Interest | $22.8K5 | $158.8K5 | $524.0K3 | $605.4K3 | |||
| Income before tax | $1.1M8 | $7.5M3 | $1.7M3 | ||||
| Income tax | -$104.0K5 | $14.9K6 | $2.2M7 | $2.0M8 | $3.3M3 | $4.0M3 | |
| Net income | -$10.7M9 | $7.6M5 | -$6.9M6 | -$6.0M7 | -$940.4K7 | $4.5M3 | -$719.8K3 |
| Earnings per share | -$0.604 | -$0.127 | -$0.048 | $4.013 | -$0.483 | ||
| Earnings per share (diluted) | -$0.604 | -$0.127 | -$0.048 | $3.633 | -$0.273 | ||
| Shares (weighted, basic) | 21.5M shares8 | 1.1M shares3 | 4.7M shares3 | ||||
| Shares (weighted, diluted) | 24.2M shares8 | 1.2M shares3 | 8.5M shares3 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $1.4M5 | $1.5M6 | $1.8M7 | $2.7M7 | $4.3M3 | $893.1K3 | $1.5M3 |
| Inventory | $458.2K3 | $259.8K3 | |||||
| Current assets | $7.2M9 | $1.6M5 | $11.0M6 | $78.3M7 | $134.3M8 | $148.6M3 | $252.3M3 |
| Property, plant and equipment | $2.9K8 | $6.4K3 | $32.1K3 | ||||
| Goodwill | $71.0M3 | $160.2M3 | $157.5M3 | ||||
| Intangible assets | $21.3M8 | $54.1M3 | $45.3M3 | ||||
| Total assets | $7.2M9 | $3.2M5 | $11.4M6 | $167.2M7 | $227.4M8 | $363.1M3 | $455.3M3 |
| Accounts payable | $3.3M8 | $1.3K3 | |||||
| Short-term debt | $1.1M8 | $1.0M3 | $1.1M3 | ||||
| Current liabilities | $10.4M9 | $409.4K5 | $5.6M6 | $42.3M7 | $26.8M8 | $23.2M3 | $31.8M3 |
| Long-term liabilities | $4.8M8 | $41.9M3 | $40.4M3 | ||||
| Total liabilities | $11.7M9 | $409.4K5 | $5.6M6 | $47.1M7 | $31.6M8 | $65.1M3 | $72.1M3 |
| Retained earnings | -$42.2M8 | -$38.8M3 | -$39.5M3 | ||||
| Shareholders’ equity | -$4.6M9 | $2.8M5 | $5.8M6 | $120.0M7 | $195.9M8 | $299.2M3 | $385.9M3 |
| Shares outstanding | 19.3M shares9 | 5.0M shares5 | 11.6M shares6 | 79.1M shares7 | 27.6M shares8 | 2.1M shares3 | 19.3M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$1.2M9 | -$87.0K5 | -$2.2M6 | $29.9M7 | $8.0M8 | $4.3M3 | $9.5M3 |
| Stock-based compensation | $1.8M8 | $44.0K3 | |||||
| Capital spending | $1.6K4 | $6.7K9 | $3.5K8 | $6.7K3 | $34.6K3 | ||
| Free cash flow | -$1.2M | -$93.8K | $8.0M | $4.3M | $9.5M | ||
| Cash from investing | -$71.5M8 | -$125.5M3 | -$100.1M3 | ||||
| Dividends paid | |||||||
| Cash from financing | $64.1M8 | $117.4M3 | $92.8M3 |
Corporate structure
BAIYU Holdings, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of BAIYU Holdings, Inc.
- Hu Yuan Filed SC 13G on BAIYU Holdings, Inc., latest Jun 25, 2024
- Li Tan Filed SC 13G on BAIYU Holdings, Inc., latest Jun 25, 2024
- Lianying Deng Filed SC 13G on BAIYU Holdings, Inc., latest Jun 25, 2024
- Chao Luo Filed SC 13D/A on BAIYU Holdings, Inc., latest Jun 20, 2024 (2 filings since Dec 6, 2023)
- Chaoliang Yang Filed SC 13D/A on BAIYU Holdings, Inc., latest Jun 20, 2024 (2 filings since Feb 3, 2023)
- Katie Ou Filed SC 13D/A on BAIYU Holdings, Inc., latest Jun 20, 2024 (5 filings since Jul 1, 2022)
- Qianying Yuan Filed SC 13D/A on BAIYU Holdings, Inc., latest Jun 20, 2024 (3 filings since Nov 30, 2022)
- Flying Height Consulting Services Ltd Filed SC 13D on BAIYU Holdings, Inc., latest Dec 7, 2023
- Flying Height Trading Co., Ltd Filed SC 13D on BAIYU Holdings, Inc., latest Dec 7, 2023
- Shanchuan Tan Filed SC 13D on BAIYU Holdings, Inc., latest Dec 6, 2023
- Shuxiang Zhang Filed SC 13D/A on BAIYU Holdings, Inc., latest Feb 1, 2023 (2 filings since Nov 30, 2022)
- BAIYU Holdings, Inc. Guangdong, China
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What BAIYU Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $44.0K3 Dec 31, 2023 | $9.7K3 Dec 31, 2022 | +351.4% |
| Accumulated depreciation | $11.9K3 Dec 31, 2023 | $3.4K3 Dec 31, 2022 | +252.7% |
| Property and equipment, net | $32.1K3 Dec 31, 2023 | $6.4K3 Dec 31, 2022 | +403.8% |
| Operating-lease assets (leased space) | $83.4K3 Dec 31, 2023 | $196.8K3 Dec 31, 2022 | −57.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $157.5M3 Dec 31, 2023 | $160.2M3 Dec 31, 2022 | −1.7% |
| Intangible assets, net (excluding goodwill) | $45.3M3 Dec 31, 2023 | $54.1M3 Dec 31, 2022 | −16.3% |
| Finite-lived intangibles, gross | $65.6M3 Dec 31, 2023 | $66.7M3 Dec 31, 2022 | −1.7% |
| Accumulated amortization | $20.3M3 Dec 31, 2023 | $12.6M3 Dec 31, 2022 | +61.4% |
| Finite-lived intangibles, net | $45.3M3 Dec 31, 2023 | $54.1M8 Dec 31, 2022 | −16.3% |
| Customer relationships, net | $6.6M8 Dec 31, 2022 | $3.9M8 Dec 31, 2021 | +70.0% |
Inventory
Leadership
Who has led BAIYU Holdings, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerRenmei Ouyang Nov 30, 2022 to Nov 30, 202213
- Chief executive officerJingeng Ling Jul 28, 2015 to Apr 29, 201614
- Chief executive officerHuichun Qin Aug 13, 2013 to Aug 13, 201315
- Chief financial officerLong Yi Aug 13, 2013 to Jul 3, 201916
Board members and other officers (16)
- Chief Strategy OfficerQun Xie Jan 17, 2020 to Jan 17, 202017
- VP of FinanceYang Jie Oct 2, 2017 to Oct 22, 201818
- Board memberHeung Ming Henry Wong Jul 1, 2022 to Jul 1, 202219
- Board memberRenmei Ouyang Nov 30, 2022 to Nov 30, 202213
- Board memberQun Xie Jan 17, 2020 to Jan 17, 202017
- Board memberWeiliang Jie Mar 8, 2017 to Nov 30, 201720
- Board memberTeck Chuan Yeo Mar 14, 2017 to Nov 30, 201721
- Board memberBoling Liu Mar 29, 2017 to Nov 30, 201722
- Board memberLong Yi Jul 28, 2015 to Jul 3, 201923
- Board memberBo Xu Aug 3, 2015 to Aug 3, 201524
- Board memberQinyan Yang Aug 3, 2015 to Aug 3, 201525
- Board memberHuichun Qin Aug 13, 2013 to Aug 13, 201315
- Board memberJianmin Yin Aug 16, 2013 to Aug 16, 201326
- Board memberJingeng Ling Aug 16, 2013 to Apr 29, 201627
- Board memberJohn F. Levy Aug 16, 2013 to Apr 29, 201628
- Board memberXiangdong Xiao Aug 16, 2013 to Aug 16, 201329
Former names
Timeline
- Mar 5, 20258-K Executive or director change30
- Dec 23, 20248-K Executive or director change31
- Dec 4, 20248-K Shareholder vote32
- Nov 29, 20248-K Executive or director change33
- Nov 22, 20248-K Listing notice or transfer34
- Oct 30, 20248-K Entered a material agreement35
- Oct 8, 20248-K Listing notice or transfer36
- Sep 11, 20248-K Other events37
- Aug 29, 20248-K Entered a material agreement38
- Aug 27, 20248-K Entered a material agreement39
- Jul 17, 20248-K Executive or director change40
- Jun 11, 20248-K Entered a material agreement; Unregistered sale of shares41
- Nov 30, 2022New chief executive Renmei Ouyang becomes CEO13
- Jul 28, 2015New chief executive Jingeng Ling becomes CEO14
- Aug 13, 2013New chief executive Huichun Qin becomes CEO15
Filings
119 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 37 major events, 5 insider forms, 20 large holders, 44 other. The latest 20:
- Apr 22, 2025DEF 14C DEFINITIVE INFORMATION STATEMENT EDGAR
- Apr 10, 2025PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
- Mar 5, 20258-K CURRENT REPORT EDGAR
- Dec 23, 20248-K CURRENT REPORT EDGAR
- Dec 4, 20248-K EDGAR
- Nov 29, 20248-K CURRENT REPORT EDGAR
- Nov 22, 20248-K CURRENT REPORT EDGAR
- Nov 13, 202410-Q QUARTERLY REPORT EDGAR
- Oct 30, 20248-K CURRENT REPORT EDGAR
- Oct 29, 2024DEF 14A PROXY STATEMENT EDGAR
- Oct 18, 2024PRE 14A PROXY STATEMENT EDGAR
- Oct 8, 20248-K CURRENT REPORT EDGAR
- Sep 11, 20248-K CURRENT REPORT EDGAR
- Aug 29, 20248-K CURRENT REPORT EDGAR
- Aug 27, 20248-K CURRENT REPORT EDGAR
- Aug 12, 202410-Q QUARTERLY REPORT EDGAR
- Jul 17, 20248-K CURRENT REPORT EDGAR
- Jun 25, 2024SC 13G SCHEDULE 13G EDGAR
- Jun 25, 2024SC 13G SCHEDULE 13G EDGAR
- Jun 25, 2024SC 13G SCHEDULE 13G EDGAR
The 119 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 3 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 30, 2023 | Zhang Shuxiang10% owner | Buy | 10,000,000 | $1.21 | $12.1M | Form 4 |
| Nov 28, 2022 | Ouyang RenmeiChief Executive Officer | Buy | 10,000,000 | $1.15 | $11.5M | Form 4 |
| Nov 28, 2022 | Zhang Shuxiang10% owner | Buy | 10,000,000 | $1.15 | $11.5M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Hu YuanSC 13G, 1 filing Jun 25, 202442
- Li TanSC 13G, 1 filing Jun 25, 202443
- Lianying DengSC 13G, 1 filing Jun 25, 202444
- Chao LuoSC 13D/A, 2 filings Dec 6, 2023 to Jun 20, 202445
- Chaoliang YangSC 13D/A, 2 filings Feb 3, 2023 to Jun 20, 202446
- Katie OuSC 13D/A, 5 filings Jul 1, 2022 to Jun 20, 202447
- Qianying YuanSC 13D/A, 3 filings Nov 30, 2022 to Jun 20, 202448
- Flying Height Consulting Services LtdSC 13D, 1 filing Dec 7, 202349
- Flying Height Trading Co., LtdSC 13D, 1 filing Dec 7, 202350
- Shanchuan TanSC 13D, 1 filing Dec 6, 202351
- Shuxiang ZhangSC 13D/A, 2 filings Nov 30, 2022 to Feb 1, 202352
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
SEC filer profile
How BAIYU Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBAIYU Holdings, Inc.1
- CIK0001556266
- Employer ID (EIN)45-40776531
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)5050 Wholesale-Metals & Minerals (No Petroleum)1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressRoom 3703, Jingji Binhe Times Building, Binhe Avenue, Futian District, Shenzhen, Guangdong, F4 5180001
- Mailing address3607 Avenida Madera, Unit B, Bradenton, FL 342101
- Phone86 (0755) 827921111
- Shares outstanding49,945,235 as of Nov 13, 202412
- Public float$71.8M as of Jun 30, 20233
- On EDGAR sinceAug 17, 20121
- Filings441 in all: 8-K (140), 10-Q (35), CORRESP (27), 4 (26), UPLOAD (26), 3 (17), NT 10-Q (15), SC 13D/A (14)1
All 43 form types
10-K (11), DEF 14A (11), S-1/A (10), SC 13D (10), 424B5 (9), NT 10-K (7), S-3/A (7), DEF 14C (6), PRE 14A (6), PRE 14C (6), SC 13G (6), 10-Q/A (5), EFFECT (5), 8-K/A (4), 424B4 (3), FWP (3), PRER14A (3), S-1 (3), S-3 (3), S-8 POS (3), SC 13G/A (3), D (2), DRSLTR (2), S-8 (2), 144 (1), 25-NSE (1), 8-A12B (1), CERTNAS (1), DEFA14A (1), DRS (1), DRS/A (1), NT 10-K/A (1), PREM14A (1), PRER14C (1), RW (1)
- Latest filingsAnnual report (10-K) Mar 22, 2024
Quarterly report (10-Q) Nov 13, 2024
Proxy statement (DEF 14A) Oct 29, 2024
Latest 8-K (8-K) Mar 5, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARHuichun Qin, Chief executive officer
- 16SEC EDGARLong Yi, Chief financial officer
- 17SEC EDGARQun Xie, Chief Strategy Officer
- 18SEC EDGARYang Jie, VP of Finance
- 19SEC EDGARHeung Ming Henry Wong, Board member
- 20SEC EDGARWeiliang Jie, Board member
- 21SEC EDGARTeck Chuan Yeo, Board member
- 22SEC EDGARBoling Liu, Board member
- 23SEC EDGARLong Yi, Board member
- 24SEC EDGARBo Xu, Board member
- 25SEC EDGARQinyan Yang, Board member
- 26SEC EDGARJianmin Yin, Board member
- 27SEC EDGARJingeng Ling, Board member
- 28SEC EDGARJohn F. Levy, Board member
- 29SEC EDGARXiangdong Xiao, Board member
- 30SEC EDGARExecutive or director change
- 31SEC EDGARExecutive or director change
- 32SEC EDGARShareholder vote
- 33SEC EDGARExecutive or director change
- 34SEC EDGARListing notice or transfer
- 35SEC EDGAREntered a material agreement
- 36SEC EDGARListing notice or transfer
- 37SEC EDGAROther events
- 38SEC EDGAREntered a material agreement
- 39SEC EDGAREntered a material agreement
- 40SEC EDGARExecutive or director change
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