All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
2 warning events since 2021; the latest 2022-05-16.
From the record
SAIHEAT Limited's filings since 2021 show 2 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-12-28); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2022-05-16) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+18.2% a year over 6 filed years; profitable in 1 of 6.
From the record
SAIHEAT Limited's 6 filed years say what it did: revenue went from $2 million in fiscal 2020 to $5 million in fiscal 2025, up 18.2% a year; it rose in 1 of 5 years; the deepest fall was 73% from fiscal 2021 to fiscal 2025; net income was positive in 1 of 6 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 5.9/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: SAIHEAT Limited's shareholder treatment is put at 5.9 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 41% of 115 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -87%: lost 87¢ per shareholder dollar. Leverage 42%: owes 42¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, SAIHEAT Limited lost about 87 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 18 cents per dollar of everything the company owns. Leverage: it owed about 42 cents per dollar of assets, and net share issuance: its share count grew 7.9% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 24% of 114 in its family; net margin -142.7%.
From the record
SAIHEAT Limited's standing among 114 graded names in its industry family: revenue of $5 million in fiscal 2025 ranks in the bottom 20% by size; a net margin of -142.7% ranks in the bottom 38%; revenue growth of -24.8% a year over the last 3 filed years ranks in the bottom 14% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 16% of 50 in its family for leadership; chief executive since 2026.
From the record
SAIHEAT Limited's leadership, from its insiders' filings and its current reports: the chief executive on the record is Li, Jianwei (CEO, as filed), filing under that title since 2026-03-16, 8 months (bottom 26% of its family); the 5 officers and directors filing in the last fifteen months have been on the record a median of 8 months (bottom 6%); it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes are not read (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
bottom 22% of 108 in its family for room to expand.
From the record
SAIHEAT Limited's room to grow, from the newest filed statements (fiscal 2025): cash of $202 thousand against no long-term debt tagged leaves 1.6% of its assets as net cash, bottom 31% of its family; cash from operations less capital spending is -168.4% of revenue (bottom 23%); a gross margin of -51.9% (bottom 2%); research spending of 4.8% of revenue (bottom 32%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 21% of 100 in its family for growth drivers.
From the record
SAIHEAT Limited's growth drivers, from the filed years to fiscal 2025: revenue grew -24.8% a year over the last three filed years against 18.2% over all 6, slowing (bottom 13% of its family); the newest year grew -18.4% (bottom 20%); research spending grew -23% a year (bottom 30%); capital spending grew -43.6% a year (bottom 22%) (its annual reports). SAIHEAT Limited reported 2 lines of business in fiscal 2025: Revenue Sales of Products at $3 million (69%), Revenue Mining at $1 million (31%); 1 of 2 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 50% of 78 in its family for expectations against reality.
From the record
SAIHEAT Limited's newest year against its own record: revenue of $5 million in fiscal 2025 came in 13% above the $4 million its prior three years' pace pointed to (top 41% of its family); net income of $6 million against a prior three-year average of $7 million (top 45%); a net margin of a loss larger than its revenue against -93.2% before (bottom 35%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made