Baird Medical Investment Holdings Limited balance sheet BDMDW

Annual Quarterly

As of Dec 31, 2025, Baird Medical Investment Holdings Limited had total assets of $69.7 million and total liabilities of $38.5 million. Total assets were down 10.6% from a year earlier. Stockholders' equity was $31.4 million. It held $178,321 in cash and investments against $8.9 million of total debt, net debt of $8.7 million. The current ratio, current assets divided by current liabilities, was 1.70.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
Assets
Cash
0
-94.0%
3
Cash and investments
0
-94.0%
3
Receivables
43
-8.7%
47
Inventory
1
-16.3%
1
Total current assets
55
-10.5%
61
Property and equipment, net
6
-10.8%
7
Goodwill
0
+4.4%
0
Total assets
70
-10.6%
78
Liabilities and equity
Accounts payable
2
+44.1%
1
Total current liabilities
32
-6.5%
35
Total liabilities
38
+0.7%
38
Stockholders' equity
31
-20.9%
40
Debt
Debt due within a year
3
+161.4%
1
Long-term debt
6
+76.8%
3
Lease liabilities
0
-64.3%
0
Total debt
9
+82.8%
5
Net cash
-9
-361.9%
-2
Ratios
Current ratio
1.70x
1.77x
Debt to equity
0.28x
0.12x
Debt to EBITDA
—
0.29x
Return on equity
-86.96%
—
Return on assets
-39.14%
—
Book value per share
1.02
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Surgical & Medical Instruments & Apparatus (SIC 3841)
Listed as
BDMD (Nasdaq), BDMDW (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Sheung Wan
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
1982444

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.