Company Analysis

Taoping Inc. (TAOP)

Nasdaq: TAOP · Services-Prepackaged Software · Shenzhen, CN · filing with the SEC since 2012
Grade4.0
◀ Past 5.4● Present 2.1▶ Future 5.0
2 est.

The grade of Taoping Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.0/10
◀ Past5.425% of the headline
● Present2.135% of the headline
▶ Future5.040% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.4/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 73rd percentile among 230 sector filers · read for itself

From the record

Taoping Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.4/10

What has it actually done, year after year?

-24.5% a year over 10 filed years; profitable in 2 of 10.

weight 45% of this tense · 14th percentile among 213 sector filers · read for its customers

From the record

Taoping Inc.'s 10 filed years say what it did: revenue went from $115 million in fiscal 2011 to $2 million in fiscal 2025, down 24.5% a year; it rose in 3 of 9 years; the deepest fall was 100% from fiscal 2011 to fiscal 2023; net income was positive in 2 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-24.5%bottom 2% of its family
  • the share of years revenue rosebottom 6% of its family
  • the share of filed years with a profitbottom 46% of its family
  • the deepest fall from a revenue peak99.7%bottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
9.6/10

How has it treated the people who own it?

SI estimate 9.6/10, confidence 35 of 100 (one part).

weight 33% of this tense · 96th percentile among 216 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 4% of 216 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.
What the record cannot read
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.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 216 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Taoping Inc.'s shareholder treatment is put at 9.6 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 4% of 216 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.

● Present

What are they doing right now?

2.1/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
1.8/10

Is it financially healthy right now?

ROE -51%: lost 51¢ per shareholder dollar. Leverage 50%: owes 50¢ per asset dollar.

weight 45% of this tense · 18th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Taoping Inc. lost about 51 cents for every dollar of shareholders' money, and gross profitability: its products earned about 9 cents per dollar of everything the company owns. Leverage: it owed about 50 cents per dollar of assets, and net share issuance: its share count grew 433.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 43% of its family
  • return on equitybottom 19% of its family
  • gross profit against assetsbottom 9% of its family
  • the share count against the year beforebottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
0.6/10

How strong is its position in its industry?

bottom 6% of 218 in its family; net margin -451.8%.

weight 33% of this tense · 6th percentile among 218 sector filers · read for its customers

From the record

Taoping Inc.'s standing among 218 graded names in its industry family: revenue of $2 million in fiscal 2025 ranks in the bottom 7% by size; a net margin of -451.8% ranks in the bottom 7%; revenue growth of -23.1% a year over the last 3 filed years ranks in the bottom 4% (its annual reports).

What it rests on

  • revenue against the family$2.2Mbottom 7% of its family
  • net margin-451.8%bottom 7% of its family
  • three-year revenue growth-23.1%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.8/10

What are the people in charge doing?

SI estimate 4.8/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 157 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-19 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 157 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-19 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 157 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Taoping Inc.'s leadership is put at 4.8 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-19 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 157 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.0/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.4/10

How much room does it have to grow?

top 46% of 216 in its family for room to expand.

weight 22% of this tense · 54th percentile among 216 sector filers · read for itself

From the record

Taoping Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2 million against debt of $6 million leaves -9.1% of its assets as net cash, bottom 13% of its family; cash from operations less capital spending is -175.1% of revenue (bottom 9%); a gross margin of 151.3% (top 1%); research spending of 76.9% of revenue (top 7%) (its annual report).

What it rests on

  • cash less debt against assets-9.1%bottom 13% of its family
  • cash from operations less capital spending against revenue-175.1%bottom 9% of its family
  • gross margin151.3%top 1% of its family
  • research spending against revenue76.9%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 41% of 213 in its family for growth drivers.

weight 45% of this tense · 59th percentile among 213 sector filers · read for its customers

From the record

Taoping Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -23.1% a year over the last three filed years against -24.5% over all 10, speeding up (top 13% of its family); the newest year grew 218.9% (top 3%); research spending grew -22% a year (bottom 8%); capital spending grew -9% a year (bottom 42%) (its annual reports). Taoping Inc. reported 2 lines of business in fiscal 2024: CBT at $37 million, TIT at $85 thousand. 0 of 2 grew in the latest filed year, and the largest line is 100% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+1.4 points a yeartop 13% of its family
  • the newest year's revenue growth218.9%top 3% of its family
  • three-year growth of research spending-22.0%bottom 8% of its family
  • three-year growth of capital spending-9.0%bottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.5/10

Did its newest year beat what its own record pointed to?

bottom 34% of 194 in its family for expectations against reality.

weight 33% of this tense · 34th percentile among 194 sector filers · read for its shareholders

From the record

Taoping Inc.'s newest year against its own record: revenue of $2 million in fiscal 2025 came in 407.5% above the $439 thousand its prior three years' pace pointed to (top 3% of its family); net income of $10 million against a prior three-year average of $553 thousand (bottom 2%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 4%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace407.5%top 3% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 2% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 4% of its family

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

SI Assistanton TAOP · research, not advice