Baiya International Group

BIYA

Staffing & Employment Services · Industrials

Price

$2.37

-0.04 (-1.66%)

Market Cap

$6.4M

Exchange

NASDAQ

Winston Score

Winston is worried

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Dec 31, 2025

How the score breaks down

Quality

Weak

Growth

Mixed

Cash Flow

Weak

Stability

Good

Valuation

Data not available

Track this stock — start free trial

Share count rising — dilution

+264.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 520K (2021) → 1.9M (2025)

Winston Score History

The full picture

Baiya International Group Inc. is a small staffing and employment services company based in China. It connects workers with businesses that need temporary or contract labor, primarily serving employers in industries like manufacturing, logistics, and services. The company operates in the Chinese labor market, which is one of the largest in the world.

Baiya makes money by placing workers with client companies and earning a fee or margin on the labor costs. It is a very small company with a market cap near zero, and its financials show significant losses — the operating margin is deeply negative at around -58%, meaning it spends far more than it earns. The staffing industry in China is competitive and fragmented, with few strong barriers to entry, which makes it hard for small players like Baiya to build a lasting advantage. The biggest risk the company faces is simply surviving long enough to reach profitability, as its current cost structure is not sustainable.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+53.1% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

<−1,000% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$227,062/ year

→ Flat (-5% vs prior year)

1.4% of revenue

Below sector average (4%)

Steady R&D investment year-over-year

Insider Activity

77.7%ownership

Insiders own a meaningful stake in the company

Cash Runway

~2 months

$688,941 cash & investments

Quarterly Free Cash Flow

Short runway — potential dilution ahead through share issuance

Revenue accelerating

Baiya International Group grew revenue 53% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

12.7%

Thin — 12.7% gross margin

Profit after running costs

Operating Margin

-52.6%

Losing money on operations — -52.6%

Return on the money invested

ROCE

-41.5%

Weak — -41.5% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+28.6%

Fast-growing sales (+28.6% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

2/4 quarters

Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

Data not available

Spare cash per sale

FCF Margin

-45.2%

Burning cash (-45.2%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.00

Conservative — low debt load (0.00)

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

—

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial