Baosheng Media Group Holdings Limited (BAOS) Balance Sheet
BAOS balance sheet, 2025
December 31, 2025 · U.S. dollars$12.4M assets = $9.1M liabilities + $3.3M equity
Both columns are drawn to the same scale: what BAOS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BAOS financial health
Descriptive bands, not a rating. Fiscal 2025.
BAOS balance sheet trends, 2018–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $77.4M2018 | $12.4M2025 | −23.0%/yr | |
| Total liabilities | $57.9M2018 | $9.1M2025 | −23.2%/yr | |
| Shareholders’ equity | $19.5M2018 | $3.3M2025 | −22.5%/yr | |
| Cash & short-term investments | $1.3M2018 | $1.6M2025 | +3.9%/yr | |
| Total debt | $721,3982018 | $730,7202025 | +0.2%/yr | |
| Net cash (debt) | $530,3602018 | $903,3782025 | +$373,018 | |
| Working capital | $22.1M2018 | −$2.2M2025 | −$24.4M | |
| Current ratio | 1.412018 | 0.752025 | −0.65 | |
| Debt / equity | 0.042018 | 0.222025 | +0.19 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BAOS assets
BAOS liabilities and equity
BAOS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BAOS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $1.6M | $2.8M | $5.9M | $9.8M | $4.8M | $6.6M | $8.1M | $1.3M |
| Cash & equivalents | $1.3M | $1.5M | $3.3M | $6.7M | $4.8M | $6.6M | $8.1M | $1.3M |
| Short-term investments | $368,253 | $1.3M | $2.6M | $3.1M | $0 | — | — | — |
| Receivables | $4.6M | $5.9M | $26.1M | $34.8M | $62.3M | $65.2M | $54.7M | $60.2M |
| Inventory | $0 | $0 | $4.7M | $5.5M | $18.5M | $17.0M | $17.1M | $12.8M |
| Other current assets | $638,547 | $4.0M | $2.9M | $60,110 | $620,023 | $3.3M | $2.5M | $2.5M |
| Total current assets | $6.9M | $12.7M | $39.5M | $50.1M | $86.2M | $92.1M | $82.4M | $76.7M |
| Property, plant & equipment (net) | $719,262 | $1.7M | $2.1M | $2.4M | $2.6M | $1.3M | $1.5M | $127,870 |
| Goodwill & intangible assets | $0 | $241,212 | $401,549 | $3.3M | $3.7M | $5,504 | $778,425 | $36,555 |
| Long-term investments | $4.8M | $6.6M | $6.8M | $2.3M | $1.6M | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $107,643 | $569,586 |
| Total assets | $12.4M | $21.2M | $48.8M | $58.0M | $94.1M | $93.3M | $84.8M | $77.4M |
| Liabilities | ||||||||
| Accounts payable | $5.4M | $3.6M | $2.3M | $8.9M | $12.2M | $35.4M | $35.8M | $31.2M |
| Short-term debt | $730,720 | $684,997 | $2.3M | $1.4M | $515,592 | $1.9M | $4.7M | $721,398 |
| Deferred revenue | $1.3M | $1.1M | $931,315 | $1.3M | $1.6M | $9.2M | $7.2M | $16.8M |
| Total current liabilities | $9.1M | $6.4M | $6.5M | $12.6M | $19.5M | $51.7M | $49.4M | $54.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | — | $0 | $1.1M | $351,551 | $417,949 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $11.6M | $537,447 | $351,551 | $3.2M | $3.3M |
| Total liabilities | $9.1M | $6.4M | $6.5M | $12.6M | $20.0M | $51.7M | $52.6M | $57.9M |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $14,731 | $14,731 | $14,731 | $14,731 | $14,630 | $10,200 | $10,200 | $10,000 |
| Retained earnings (deficit) | −$35.5M | −$23.5M | $3.4M | $5.3M | $29.0M | $35.7M | $29.0M | $17.8M |
| Accumulated other comprehensive income | −$2.8M | −$3.3M | −$2.6M | −$1.4M | $3.5M | $2.1M | −$656,856 | −$323,308 |
| Total shareholders' equity | $3.3M | $14.8M | $42.4M | $45.4M | $74.1M | $41.7M | $32.2M | $19.5M |
| Key figures | ||||||||
| Total debt | $730,720 | $684,997 | $2.3M | $1.4M | $1.1M | $1.9M | $4.7M | $721,398 |
| Net cash (debt) | $903,378 | $2.1M | $3.6M | $8.3M | $3.7M | $4.7M | $3.4M | $530,360 |
| Working capital | −$2.2M | $6.3M | $33.1M | $37.5M | $66.7M | $40.4M | $33.0M | $22.1M |
| Tangible book value | $3.3M | $14.6M | $42.0M | $42.1M | $70.3M | $41.7M | $31.4M | $19.5M |
| Current ratio | 0.75 | 1.98 | 6.11 | 3.98 | 4.42 | 1.78 | 1.67 | 1.41 |
| Quick ratio | 0.68 | 1.35 | 4.94 | 3.53 | 3.44 | 1.39 | 1.27 | 1.13 |
| Debt / equity | 0.22 | 0.05 | 0.05 | 0.03 | 0.01 | 0.05 | 0.15 | 0.04 |
| Equity / assets | 26.5% | 69.8% | 86.8% | 78.3% | 78.7% | 44.6% | 38.0% | 25.2% |
| Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.6M | $1.6M | $1.7M | $1.7M | $2.8M | $2.8M | $4.7M | $5.9M | $5.9M | $5.9M | $7.7M | $9.8M |
| Cash & equivalents | $1.3M | $1.3M | $1.2M | $1.2M | $1.5M | $1.5M | $2.9M | $3.3M | $3.3M | $3.3M | $3.7M | $6.7M |
| Short-term investments | $368,253 | $368,253 | $446,950 | $446,950 | $1.3M | $1.3M | $1.8M | $2.6M | $2.6M | $2.6M | $4.0M | $3.1M |
| Receivables | $4.6M | $4.6M | $6.4M | $4.1M | $5.9M | $3.7M | $29.3M | $26.1M | $26.1M | $26.1M | $28.4M | $34.8M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | −$718,510 | $4.7M | $0 | $0 | $2.8M | $5.5M |
| Other current assets | $638,547 | $669,213 | $3.6M | $5.9M | $4.0M | $6.2M | $5.1M | $2.9M | $7.6M | $7.6M | $2.6M | $53,236 |
| Total current assets | $6.9M | $6.9M | $11.6M | $11.6M | $12.7M | $12.7M | $38.4M | $39.5M | $39.5M | $39.5M | $41.5M | $50.1M |
| Property, plant & equipment (net) | $719,262 | $719,262 | $1.7M | $1.7M | $1.7M | $1.7M | $1.9M | $2.1M | $2.1M | $2.1M | $2.1M | $2.4M |
| Goodwill & intangible assets | $0 | $0 | $170,130 | $170,130 | $241,212 | $241,212 | $319,889 | $401,549 | $401,549 | $401,549 | $3.1M | $3.3M |
| Long-term investments | $0 | $4.8M | $0 | $6.6M | $0 | $6.6M | $6.6M | $0 | $6.8M | $0 | $6.8M | $0 |
| Other non-current assets | $4.8M | $0 | $6.6M | $0 | $6.6M | $0 | $0 | $6.8M | $0 | $6.8M | $0 | $2.3M |
| Total assets | $12.4M | $12.4M | $20.1M | $20.1M | $21.2M | $21.2M | $47.2M | $48.8M | $48.8M | $48.8M | $53.6M | $58.0M |
| Liabilities | ||||||||||||
| Accounts payable | $5.4M | $5.4M | $7.0M | $7.0M | $3.6M | $3.6M | $3.3M | $2.3M | $2.3M | $2.3M | $7.0M | $8.9M |
| Short-term debt | $730,720 | — | — | — | $684,997 | — | $2.2M | $2.3M | — | $2.3M | $1.4M | $1.4M |
| Deferred revenue | $1.3M | — | $1.1M | — | $1.1M | — | $954,433 | $931,315 | — | — | $1.2M | $1.3M |
| Total current liabilities | $9.1M | $9.1M | $9.2M | $9.2M | $6.4M | $6.4M | $7.6M | $6.5M | $6.5M | $6.5M | $10.3M | $12.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.6M |
| Total liabilities | $9.1M | $9.1M | $9.2M | $9.2M | $6.4M | $6.4M | $7.6M | $6.5M | $6.5M | $6.5M | $10.3M | $12.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $14,731 | — | $14,731 | — | $14,731 | — | $14,731 | $14,731 | — | $14,731 | $14,731 | $14,731 |
| Retained earnings (deficit) | −$35.5M | −$35.5M | −$27.6M | −$27.6M | −$23.5M | −$23.5M | $1.7M | $3.4M | $3.4M | $4.3M | $5.3M | $5.3M |
| Accumulated other comprehensive income | −$2.8M | — | −$3.0M | — | −$3.3M | — | −$3.6M | −$2.6M | — | −$3.5M | −$3.5M | −$1.4M |
| Total shareholders' equity | $3.3M | $3.3M | $10.9M | $10.9M | $14.8M | $14.8M | $39.7M | $42.4M | $42.4M | $42.4M | $43.3M | $45.4M |
| Key figures | ||||||||||||
| Total debt | $730,720 | — | — | — | $684,997 | — | $2.2M | $2.3M | — | $2.3M | $1.4M | $1.4M |
| Net cash (debt) | $903,378 | — | — | — | $2.1M | — | $2.5M | $3.6M | — | $3.6M | $6.3M | $8.3M |
| Working capital | −$2.2M | −$2.2M | $2.4M | $2.4M | $6.3M | $6.3M | $30.8M | $33.1M | $33.1M | $33.1M | $31.3M | $37.5M |
| Tangible book value | $3.3M | $3.3M | $10.7M | $10.7M | $14.6M | $14.6M | $39.4M | $42.0M | $42.0M | $42.0M | $40.2M | $42.1M |
| Current ratio | 0.75 | 0.75 | 1.26 | 1.26 | 1.98 | 1.98 | 5.08 | 6.11 | 6.11 | 6.11 | 4.04 | 3.98 |
| Quick ratio | 0.68 | 0.68 | 0.87 | 0.63 | 1.35 | 1.01 | 4.50 | 4.94 | 4.94 | 4.94 | 3.51 | 3.54 |
| Debt / equity | 0.22 | — | — | — | 0.05 | — | 0.06 | 0.05 | — | 0.05 | 0.03 | 0.03 |
| Equity / assets | 26.5% | 26.5% | 54.1% | 54.1% | 69.8% | 69.8% | 84.0% | 86.8% | 86.8% | 86.8% | 80.8% | 78.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 30, 2026); data from EODHD.
BAOS financial position
At the end of fiscal 2025 (December 31, 2025), Baosheng Media had total assets of $12.4 million (down 41.6% from a year earlier), total liabilities of $9.1 million and shareholders' equity of $3.3 million. It held $1.6 million in cash and short-term investments against $0.7 million of debt, a net cash position of $0.9 million. Its current ratio was 0.75. In the latest quarter (ended March 31, 2026) total assets were $12.4 million and equity $3.3 million.
Related: BAOS income statement, BAOS cash flow statement, BAOS key metrics. See the BAOS stock overview for the latest quote and news.
BAOS balance sheet FAQ
What are Baosheng Media's total assets?
Baosheng Media reported total assets of $12.4 million at the end of fiscal 2025 (December 31, 2025), compared with $21.2 million a year earlier.
How much debt does Baosheng Media have?
Baosheng Media had $0.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.22.
How much cash does Baosheng Media have?
Baosheng Media held $1.6 million in cash and short-term investments at the end of fiscal 2025; with $0.7 million of debt that is net cash of $0.9 million.
What is Baosheng Media's book value?
Baosheng Media's shareholders' equity (book value) was $3.3 million at the end of fiscal 2025.
What is Baosheng Media's current ratio?
Baosheng Media had current assets of $6.9 million and current liabilities of $9.1 million, a current ratio of 0.75 (current liabilities exceed current assets).