Stocktoria

SAIHEAT Ltd SAIH

Nasdaq · stock · Finance Services · website · IPO 2021-04-29

SAIHEAT Ltd (SAIH) earns a Piotroski F-score of 1/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $4.5M at a -142.7% net margin.

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9/100
Stocktoria Quality Score · grade D
1/9
Piotroski F — financial health
-10.22
Altman Z″ — distress risk · distress
Dividend yield · no dividend
-2.23
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
3 2 3 1 2022202320242025
Altman Z″
9.88 -2.15 -10.22 2022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$22.28 as of 2026-08-01 · +228.2% 1y
$6.59$22.2852-wk

Beneish M-score: -2.23 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$21M
Net margin 5y avg-86.7%
Return on equity 5y avg-52%
Beta1.76
Employees16
Revenue trend · last 5y · down

How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies

Piotroski Fstronger than 2%
Net marginstronger than 10%
Return on equitystronger than 4%

Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 1/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.5
Retained earnings / assets-3.483
EBIT / assets-0.537
Equity / liabilities1.392

Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
SAIHSAIHEAT Ltd1/9-10.22
TRONTron Inc.4/9
SUIGSUI Group Holdings Ltd.1/9-4.56
ASSTStrive, Inc.3/9-1.28
HTTHigh Templar Tech Ltd3/912.75-80.2%
HSDTSolana Co4/9
PAPLPineapple Financial Inc.2/9-13.1

All Finance, Insurance & Real Estate companies →

About SAIHEAT Ltd

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.

FAQ

Is SAIH financially healthy?

SAIHEAT Ltd's Piotroski F-score is 1/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does SAIH pay a dividend?

No, SAIHEAT Ltd does not currently pay a dividend.

How profitable is SAIH?

In FY2025, SAIHEAT Ltd had a net margin of -142.7% and a return on equity of -87.2%.

Is SAIH a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on SAIHEAT Ltd: a Piotroski F-score of 1/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.