Income Statement Planet Image International Limited

Stocks

YIBO

KYG7122D1025

Office Equipment

Market Closed - Nasdaq Other stock markets 04:30:00 2026-07-16 pm EDT			5-day change	1st Jan Change
1.100 ^USD	+1.85%		+2.80%	+15.79%

Mar. 31	Planet Image International Limited Reports Earnings Results for the Full Year Ended December 31, 2025	CI
25-09-16	Planet Image International Limited Reports Earnings Results for the Half Year Ended June 30, 2025	CI

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Published financial data: PLANET IMAGE INTERNATIONAL LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	142M	142M	150M	150M	155M
Total Revenues	142M	142M	150M	150M	155M
Cost of Goods Sold, Total	92.72M	87.11M	91.25M	97.54M	110M
Gross Profit	48.78M	55.02M	58.97M	52.29M	45.68M
Selling General & Admin Expenses, Total	40.24M	36.91M	39.61M	39.17M	47.21M
R&D Expenses	5.42M	6.78M	6.64M	6.22M	9.82M
Other Operating Expenses, Total	45.66M	43.69M	46.24M	45.39M	57.03M
Operating Income	3.13M	11.33M	12.73M	6.9M	-11.34M
Interest Expense, Total	-1.18M	-1.2M	-540K	-175K	-
Interest And Investment Income	-	-	-	-	279K
Net Interest Expenses	-1.18M	-1.2M	-540K	-175K	279K
Currency Exchange Gains (Loss)	-2.19M	-1.51M	212K	-1.34M	1.25M
Other Non Operating Income (Expenses)	4.27M	-2.39M	-4.29M	1.25M	2.5M
EBT, Excl. Unusual Items	4.02M	6.23M	8.11M	6.63M	-7.31M
Gain (Loss) On Sale Of Assets	-	-	-	-	734K
Other Unusual Items	912K	1.15M	505K	901K	496K
EBT, Incl. Unusual Items	4.93M	7.38M	8.61M	7.53M	-6.08M
Income Tax Expense	7K	139K	840K	414K	2.17M
Earnings From Continuing Operations	4.92M	7.24M	7.77M	7.11M	-8.25M
Net Income to Company	4.92M	7.24M	7.77M	7.11M	-8.25M
Net Income - (IS)	4.92M	7.24M	7.77M	7.11M	-8.25M
Net Income to Common Incl Extra Items	4.92M	7.24M	7.77M	7.11M	-8.25M
Net Income to Common Excl. Extra Items	4.92M	7.24M	7.77M	7.11M	-8.25M
Per Share Items
Net EPS - Basic	0.12	0.17	0.18	0.13	-0.14
Basic EPS - Continuing Operations	0.12	0.17	0.18	0.13	-0.14
Basic Weighted Average Shares Outstanding	42.11M	42.11M	42.11M	52.9M	56.98M
Net EPS - Diluted	0.12	0.17	0.18	0.13	-0.14
Diluted EPS - Continuing Operations	0.12	0.17	0.18	0.13	-0.14
Diluted Weighted Average Shares Outstanding	42.11M	42.11M	42.11M	52.9M	56.98M
Normalized Basic EPS	0.06	0.09	0.12	0.08	-0.08
Normalized Diluted EPS	0.06	0.09	0.12	0.08	-0.08
Supplemental Items
EBITDA	4.42M	12.54M	14.01M	7.99M	-9.92M
EBITA	3.13M	11.33M	12.73M	6.9M	-11.34M
EBIT	3.13M	11.33M	12.73M	6.9M	-11.34M
EBITDAR	5.87M	13.89M	15.55M	9.36M	-7.6M
Effective Tax Rate - (Ratio)	0.14	1.88	9.75	5.5	-35.75
Total Current Taxes	545K	232K	1.09M	906K	397K
Total Deferred Taxes	-538K	-93K	-246K	-492K	1.78M
Normalized Net Income	2.51M	3.89M	5.07M	4.14M	-4.57M
Supplemental Operating Expense Items
Selling and Marketing Expenses	32.78M	29.3M	30.57M	30.84M	35.04M
General and Administrative Expenses	7.46M	7.61M	9.04M	8.32M	12.16M
Research And Development Expense From Footnotes	5.42M	6.78M	6.64M	6.22M	9.82M
Net Rental Expense, Total	1.45M	1.35M	1.54M	1.37M	2.32M
Imputed Operating Lease Interest Expense	409K	384K	152K	46.94K	-
Imputed Operating Lease Depreciation	1.04M	964K	1.39M	1.33M	-
Stock-Based Comp., R&D Exp. (Total)	-	-	-	-	4.52M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	4.12M
Total Stock-Based Compensation	-	-	-	-	8.64M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	29.97M	36.76M	45.13M	43M	52.91M
Short Term Investments	-	-	-	6.46M	1.5M
Total Cash And Short Term Investments	29.97M	36.76M	45.13M	49.46M	54.41M
Accounts Receivable, Total	26.86M	24.9M	31.3M	31.64M	50.64M
Other Receivables	2.59M	3.82M	3.5M	5.64M	5.83M
Total Receivables	29.46M	28.72M	34.8M	37.28M	56.47M
Inventory	24.38M	21.13M	17.45M	20.62M	14.55M
Restricted Cash	11.19M	15.94M	19.04M	2.89M	1M
Other Current Assets, Total	1.97M	2.95M	2.17M	5.28M	680K
Total Current Assets	96.97M	106M	119M	116M	127M
Gross Property Plant And Equipment	21.84M	20.59M	19.6M	21.47M	27.72M
Accumulated Depreciation	-8.05M	-8.61M	-9.22M	-10.04M	-11.3M
Net Property Plant And Equipment	13.79M	11.98M	10.38M	11.43M	16.42M
Long-term Investments	-	-	-	5.56M	5.29M
Other Intangibles, Total	-	-	-	-	-
Deferred Tax Assets Long-Term	696K	790K	1.04M	1.53M	-
Other Long-Term Assets, Total	248K	352K	259K	4.88M	5.33M
Total Assets	112M	119M	130M	139M	154M
Liabilities
Accounts Payable, Total	33.38M	29.71M	22.51M	26.06M	27.23M
Accrued Expenses, Total	11.64M	13.42M	13.78M	12.46M	10.98M
Short-term Borrowings	29.07M	31.02M	39.5M	37.19M	36.94M
Current Portion of Long-Term Debt	-	-	-	-	143K
Current Portion of Leases	1.19M	1.27M	1.26M	1.03M	2.03M
Current Income Taxes Payable	1.49M	805K	1.87M	2.17M	2.63M
Unearned Revenue Current, Total	1.04M	-	744K	641K	579K
Other Current Liabilities	720K	1.44M	2.7M	316K	173K
Total Current Liabilities	78.53M	77.66M	82.37M	79.86M	80.71M
Long-Term Debt	-	-	-	-	8.34M
Long-Term Leases	2.71M	1.79M	683K	2.17M	6.94M
Deferred Tax Liability Non Current	-	-	-	-	248K
Other Non Current Liabilities	14.1M	14.1M	14.1M	-	-
Total Liabilities	95.34M	93.56M	97.16M	82.04M	96.24M
Common Stock, Total	1K	1K	1K	2K	2K
Additional Paid In Capital	833K	833K	833K	17.4M	26.05M
Retained Earnings	14.2M	21.44M	29.22M	36.33M	28.08M
Comprehensive Income and Other	1.32M	2.79M	3.06M	3.15M	3.77M
Total Common Equity	16.35M	25.06M	33.11M	56.89M	57.9M
Total Equity	16.35M	25.06M	33.11M	56.89M	57.9M
Total Liabilities And Equity	112M	119M	130M	139M	154M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	42.11M	52.63M	53.88M	53.88M	59.23M
ECS Total Common Shares Outstanding	42.11M	52.63M	52.63M	53.88M	59.23M
Book Value / Share	0.39	0.48	0.63	1.06	0.98
Tangible Book Value	16.35M	25.06M	33.11M	56.89M	57.9M
Tangible Book Value Per Share	0.39	0.48	0.63	1.06	0.98
Total Debt	32.97M	34.08M	41.44M	40.39M	54.4M
Net Debt	3M	-2.68M	-3.68M	-9.07M	-10K
Debt Equivalent Oper. Leases	11.57M	10.78M	12.3M	10.98M	18.57M
Account Code - Inventory Valuation	-	6	6	6	6
Inventories - Raw Materials, Total	6.69M	6.18M	3.97M	4.25M	4.7M
Inventories - Work In Process, Total	3.05M	2.26M	1.72M	2.65M	2.57M
Inventories - Finished Goods, Total	16.8M	14.54M	13.2M	14.89M	8.33M
Land - (BS)	3.87M	3.56M	3.49M	3.44M	3.52M
Buildings, Total	6.64M	6.21M	6.42M	6.46M	6.58M
Machinery, Total	7.49M	7.81M	7.82M	8.34M	9.06M
Full Time Employees	-	1.11K	1.25K	1.4K	1.62K
Accumulated Allowance for Doubtful Accounts (Supple)	109K	132K	121K	104K	642K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	4.92M	7.24M	7.77M	7.11M	-8.25M
Depreciation & Amortization - CF	2.52M	2.4M	2.53M	2.38M	3.46M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	2.52M	2.4M	2.53M	2.38M	3.46M
(Gain) Loss From Sale Of Asset	13K	6K	195K	171K	-730K
Stock-Based Compensation (CF)	-	-	-	-	8.64M
Provision and Write-off of Bad Debts	605K	-417K	-13K	120K	613K
Other Operating Activities, Total	751K	1.45M	976K	-1.52M	1.37M
Change In Accounts Receivable	-1.92M	1.93M	-6.39M	-1.02M	-17.41M
Change In Inventories	4.34M	2.46M	2.83M	-3.58M	5.48M
Change In Accounts Payable	-10.51M	-3.67M	5.23M	3.02M	1.02M
Change In Income Taxes	571K	-686K	1.07M	296K	442K
Change in Other Net Operating Assets	5.13M	-3.26M	3.69M	-9.12M	2.92M
Cash from Operations	6.43M	7.45M	17.9M	-2.15M	-2.44M
Capital Expenditure	-1.88M	-1.18M	-995K	-1.13M	-825K
Sale of Property, Plant, and Equipment	-	-	8K	2K	7K
Divestitures	-	-	-	-	-414K
Investment in Marketable and Equity Securities, Total	-	-	-	-16.76M	5.11M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-1.88M	-1.18M	-987K	-17.88M	3.87M
Short Term Debt Issued, Total	38.03M	32.14M	31.99M	30.72M	-
Long-Term Debt Issued, Total	-	-	-	-	40.4M
Total Debt Issued	38.03M	32.14M	31.99M	30.72M	40.4M
Short Term Debt Repaid, Total	-38.8M	-27.65M	-36.24M	-33.13M	-
Long-Term Debt Repaid, Total	-	-	-	-	-34.06M
Total Debt Repaid	-38.8M	-27.65M	-36.24M	-33.13M	-34.06M
Issuance of Common Stock	-	-	-	4.3M	-
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-840K	-100K	-479K	-417K	-
Cash from Financing	-1.61M	4.39M	-4.73M	1.48M	6.34M
Foreign Exchange Rate Adjustments	-156K	883K	-711K	272K	252K
Net Change in Cash	2.78M	11.54M	11.47M	-18.28M	8.02M
Supplemental Items
Cash Interest Paid	1.46M	1.5M	1.27M	1M	1.07M
Cash Income Tax Paid (Refund)	21K	366K	120K	553K	197K
Levered Free Cash Flow	759K	2.91M	12.53M	12.89M	-2.49M
Unlevered Free Cash Flow	1.5M	3.66M	12.87M	13M	-2.49M
Change In Net Working Capital	1.1M	4.64M	-3.38M	-7.44M	6.69M
Net Debt Issued / Repaid	-774K	4.49M	-4.25M	-2.41M	6.34M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.74	6.15	6.39	3.2	-4.84
Return on Total Capital	4.09	13.06	10.93	5.02	-6.76
Return On Equity %	34.35	34.97	26.73	15.81	-14.38
Return on Common Equity	34.35	34.97	26.73	15.81	-14.38
Margin Analysis
Gross Profit Margin %	34.48	38.71	39.26	34.9	29.43
SG&A Margin	28.44	25.97	26.37	26.14	30.41
EBITDA Margin %	3.13	8.82	9.33	5.33	-6.39
EBITA Margin %	2.21	7.97	8.47	4.6	-7.31
EBIT Margin %	2.21	7.97	8.47	4.6	-7.31
Income From Continuing Operations Margin %	3.48	5.09	5.18	4.75	-5.32
Net Income Margin %	3.48	5.09	5.18	4.75	-5.32
Net Avail. For Common Margin %	3.48	5.09	5.18	4.75	-5.32
Normalized Net Income Margin	1.77	2.74	3.37	2.76	-2.94
Levered Free Cash Flow Margin	0.54	2.05	8.34	8.6	-1.6
Unlevered Free Cash Flow Margin	1.06	2.57	8.57	8.68	-1.6
Asset Turnover
Asset Turnover	1.26	1.23	1.21	1.11	1.06
Fixed Assets Turnover	11.6	11.03	13.44	13.74	11.15
Receivables Turnover (Average Receivables)	5.52	5.49	5.35	4.76	3.77
Inventory Turnover (Average Inventory)	3.46	3.83	4.73	5.12	6.23
Short Term Liquidity
Current Ratio	1.23	1.36	1.44	1.45	1.57
Quick Ratio	0.76	0.84	0.97	1.09	1.37
Operating Cash Flow to Current Liabilities	0.08	0.1	0.22	-0.03	-0.03
Days Sales Outstanding (Average Receivables)	66.07	66.47	68.28	76.88	96.73
Days Outstanding Inventory (Average Inventory)	105.45	95.34	77.15	71.42	58.58
Average Days Payable Outstanding	158.45	137.31	84.11	88.26	93.97
Cash Conversion Cycle (Average Days)	13.06	24.5	61.33	60.03	61.33
Long Term Solvency
Total Debt/Equity	201.58	135.97	125.16	71	93.94
Total Debt / Total Capital	66.84	57.62	55.59	41.52	48.44
LT Debt/Equity	16.55	7.14	2.06	3.82	26.39
Long-Term Debt / Total Capital	5.49	3.02	0.92	2.23	13.61
Total Liabilities / Total Assets	85.36	78.87	74.58	59.05	62.44
EBIT / Interest Expense	2.64	9.48	23.57	39.41	-
EBITDA / Interest Expense	4.96	11.62	28.8	53.49	-
(EBITDA - Capex) / Interest Expense	3.37	10.63	26.95	47.04	-
Total Debt / EBITDA	5.62	2.45	2.67	4.32	-7.15
Net Debt / EBITDA	0.51	-0.19	-0.24	-0.97	0
Total Debt / (EBITDA - Capex)	8.26	2.68	2.85	4.91	-6.45
Net Debt / (EBITDA - Capex)	0.75	-0.21	-0.25	-1.1	0
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.56	0.44	5.69	-0.26	3.62
Gross Profit, 1 Yr. Growth %	0.74	12.79	7.18	-11.34	-12.63
EBITDA, 1 Yr. Growth %	-13.87	183.47	11.76	-42.99	-224.24
EBITA, 1 Yr. Growth %	-25.3	262.39	12.31	-45.82	-264.47
EBIT, 1 Yr. Growth %	-23.81	262.39	12.31	-45.82	-264.47
Earnings From Cont. Operations, 1 Yr. Growth %	16.23	47.14	7.36	-8.49	-216
Net Income, 1 Yr. Growth %	16.23	47.14	7.36	-8.49	-216
Normalized Net Income, 1 Yr. Growth %	21.04	55.13	30.16	-18.28	-210.29
Diluted EPS Before Extra, 1 Yr. Growth %	-98.84	47.15	7.36	-27.16	-207.7
Accounts Receivable, 1 Yr. Growth %	10.27	-7.3	25.7	1.08	60.06
Inventory, 1 Yr. Growth %	-16.49	-13.35	-17.4	18.14	-29.42
Net Property, Plant and Equip., 1 Yr. Growth %	29.94	-13.11	-13.32	10.06	43.67
Total Assets, 1 Yr. Growth %	-0.6	6.2	9.82	6.64	10.96
Tangible Book Value, 1 Yr. Growth %	74.29	53.25	32.11	71.8	1.79
Common Equity, 1 Yr. Growth %	32.94	53.25	32.11	71.8	1.79
Cash From Operations, 1 Yr. Growth %	2.1	15.91	140.14	-111.99	13.89
Capital Expenditures, 1 Yr. Growth %	109.25	-37.24	-15.53	13.37	-26.86
Levered Free Cash Flow, 1 Yr. Growth %	-158.5	283.61	-240.03	2.85	-119.33
Unlevered Free Cash Flow, 1 Yr. Growth %	-344.43	144.16	-256.89	1	-119.17
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.72	3.46	3.03	2.67	1.66
Gross Profit, 2 Yr. CAGR %	1.81	6.59	9.95	-2.52	-11.98
EBITDA, 2 Yr. CAGR %	-36.45	56.26	77.99	-20.18	-15.84
EBITA, 2 Yr. CAGR %	-44.26	64.53	101.74	-21.99	-5.6
EBIT, 2 Yr. CAGR %	-44.03	66.17	101.74	-21.99	-5.6
Earnings From Cont. Operations, 2 Yr. CAGR %	-27.31	30.77	25.69	-0.88	3.03
Net Income, 2 Yr. CAGR %	-27.31	30.77	25.69	-0.88	3.03
Normalized Net Income, 2 Yr. CAGR %	-31.59	37.03	42.1	3.14	-5.06
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-86.92	25.69	-11.57	-11.43
Accounts Receivable, 2 Yr. CAGR %	20.51	1.1	7.94	12.72	27.2
Inventory, 2 Yr. CAGR %	10.72	-14.93	-15.4	-1.21	-8.69
Net Property, Plant and Equip., 2 Yr. CAGR %	12.19	6.26	-13.22	-2.33	25.75
Total Assets, 2 Yr. CAGR %	9.05	2.74	7.99	8.22	8.78
Tangible Book Value, 2 Yr. CAGR %	91.73	63.44	42.29	50.66	32.24
Common Equity, 2 Yr. CAGR %	49.95	42.73	42.29	50.66	32.24
Cash From Operations, 2 Yr. CAGR %	87.57	8.79	66.85	-46.34	-63.04
Capital Expenditures, 2 Yr. CAGR %	36.39	14.6	-27.19	-2.15	-8.94
Levered Free Cash Flow, 2 Yr. CAGR %	-	49.81	306.39	20.01	-55.41
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	144.3	193.1	25.88	-56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	7.18	4.2	1.92	2.99
Gross Profit, 3 Yr. CAGR %	-	5.35	6.79	2.34	-6.01
EBITDA, 3 Yr. CAGR %	-	4.61	39.74	21.78	-7.5
EBITA, 3 Yr. CAGR %	-	4.04	44.87	30.16	0.03
EBIT, 3 Yr. CAGR %	-	4.32	45.83	30.16	0.03
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-8.05	22.45	13.07	4.45
Net Income, 3 Yr. CAGR %	-	-8.05	22.45	13.07	4.45
Normalized Net Income, 3 Yr. CAGR %	-	-10.13	34.7	18.17	5.47
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-73.62	4.79	-5.56
Accounts Receivable, 3 Yr. CAGR %	-	10.42	8.71	5.61	26.69
Inventory, 3 Yr. CAGR %	-	2.04	-15.76	-5.44	-11.69
Net Property, Plant and Equip., 3 Yr. CAGR %	-	3.03	-0.72	-6.06	11.08
Total Assets, 3 Yr. CAGR %	-	8.09	5.05	7.54	9.12
Tangible Book Value, 3 Yr. CAGR %	-	77.93	52.25	51.52	32.2
Common Equity, 3 Yr. CAGR %	-	51.04	39.1	51.52	32.2
Cash From Operations, 3 Yr. CAGR %	-	59.77	41.65	-30.63	-31.04
Capital Expenditures, 3 Yr. CAGR %	-	5.3	3.52	-15.61	-11.2
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	112.99	157.05	-34.71
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	175.89	105.49	-32.78
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	5.35	3.17
Gross Profit, 5 Yr. CAGR %	-	-	-	2.13	-1.16
EBITDA, 5 Yr. CAGR %	-	-	-	-6.12	14.09
EBITA, 5 Yr. CAGR %	-	-	-	-7.28	22.06
EBIT, 5 Yr. CAGR %	-	-	-	-7.13	22.55
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-5.24	14.28
Net Income, 5 Yr. CAGR %	-	-	-	-5.24	14.28
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-5.04	17.11
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-57.18
Accounts Receivable, 5 Yr. CAGR %	-	-	-	11.33	15.76
Inventory, 5 Yr. CAGR %	-	-	-	0.72	-13
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	0.85	9.13
Total Assets, 5 Yr. CAGR %	-	-	-	8.14	6.53
Tangible Book Value, 5 Yr. CAGR %	-	-	-	66.47	43.9
Common Equity, 5 Yr. CAGR %	-	-	-	50.89	36.32
Cash From Operations, 5 Yr. CAGR %	-	-	-	3.27	-17.24
Capital Expenditures, 5 Yr. CAGR %	-	-	-	2.25	-1.66
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	13.94
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	32.38