Taoping
Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries primarily in the People's Republic of China. The last earnings update was 119 days ago. More info.
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- Taoping has significant price volatility in the past 3 months.
TAOP Share Price and Events
7 Day Returns
1 Year Returns
TAOP Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Taoping (TAOP) | 1% | -6.4% | -4.7% | -48.2% | -31.5% | -79.2% |
| US IT | 2% | 4.7% | 20.1% | 15.4% | 79.5% | 95.3% |
| US Market | 1.6% | 2.1% | 12.8% | 3.2% | 38.6% | 43.6% |
1 Year Return vs Industry and Market
- TAOP underperformed the IT industry which returned 15.4% over the past year.
- TAOP underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
Related Companies
Sorry, no analysis for Taoping's competitors could be found in our database.
Value
Is Taoping undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Taoping
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Taoping.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 9.5% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| IT Unlevered Beta | Simply Wall St/ S&P Global | 1.06 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.063 (1 + (1- 25%) (17.12%)) |
1.134 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.13 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.134 * 5.96%) |
9.49% |
Discounted Cash Flow Calculation for NasdaqCM:TAOP using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Taoping is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.49%) |
|
|---|---|---|---|
| 2019 | 4.26 | Est @ 103.77% | 3.89 |
| 2020 | 7.39 | Est @ 73.46% | 6.17 |
| 2021 | 11.26 | Est @ 52.24% | 8.58 |
| 2022 | 15.47 | Est @ 37.39% | 10.76 |
| 2023 | 19.64 | Est @ 26.99% | 12.48 |
| 2024 | 23.51 | Est @ 19.71% | 13.65 |
| 2025 | 26.95 | Est @ 14.62% | 14.29 |
| 2026 | 29.93 | Est @ 11.05% | 14.49 |
| 2027 | 32.49 | Est @ 8.55% | 14.37 |
| 2028 | 34.70 | Est @ 6.81% | 14.02 |
| Present value of next 10 years cash flows | $112.70 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $34.70 × (1 + 2.73%) ÷ (9.49% – 2.73%) |
$527.49 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $527.49 ÷ (1 + 9.49%)10 |
$213.09 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $112.70 + $213.09 |
$325.79 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $325.79 / 40.76 |
$7.99 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $7.99 |
| Current discount | Discount to share price of
$1.02
= -1 x ($1.02 - $7.99) / $7.99 |
87.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Taoping's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Taoping's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Taoping's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Taoping's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in USD | $0.04 |
| NasdaqCM:TAOP Share Price ** | NasdaqCM (2019-03-19) in USD | $1.02 |
| United States of America IT Industry PE Ratio | Median Figure of 78 Publicly-Listed IT Companies | 30.24x |
| United States of America Market PE Ratio | Median Figure of 3,056 Publicly-Listed Companies | 17.77x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Taoping.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqCM:TAOP Share Price ÷ EPS (both in USD) = 1.02 ÷ 0.04 |
25.74x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Taoping is good value based on earnings compared to the US IT industry average.
- Taoping is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Taoping's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 25.74x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| United States of America IT Industry PEG Ratio | Median Figure of 64 Publicly-Listed IT Companies | 2.42x |
| United States of America Market PEG Ratio | Median Figure of 2,107 Publicly-Listed Companies | 1.49x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Taoping, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Taoping's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in USD | $0.17 |
| NasdaqCM:TAOP Share Price * | NasdaqCM (2019-03-19) in USD | $1.02 |
| United States of America IT Industry PB Ratio | Median Figure of 121 Publicly-Listed IT Companies | 4.38x |
| United States of America Market PB Ratio | Median Figure of 5,154 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqCM:TAOP Share Price ÷ Book Value per Share (both in USD) = 1.02 ÷ 0.17 |
6.18x |
* Primary Listing of Taoping.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Taoping is overvalued based on assets compared to the US IT industry average.
Value checks
We assess Taoping's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the IT industry average (and greater than 0)? (1 check) Taoping has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Taoping expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Taoping has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare Taoping's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Taoping's earnings growth to the United States of America market average as no estimate data is available.
- Unable to compare Taoping's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| United States of America IT Industry Earnings Growth Rate | Market Cap Weighted Average | 15.7% |
| United States of America IT Industry Revenue Growth Rate | Market Cap Weighted Average | 9.1% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 22 | 6 | 2 |
| 2018-06-30 | 24 | 5 | 3 |
| 2018-03-31 | 22 | 6 | 3 |
| 2017-12-31 | 18 | 5 | 1 |
| 2017-09-30 | 16 | 3 | -7 |
| 2017-06-30 | 13 | 2 | -11 |
| 2017-03-31 | 9 | -2 | -16 |
| 2016-12-31 | 10 | -3 | -18 |
| 2016-06-30 | 9 | -16 | -9 |
| 2016-03-31 | 9 | -21 | -9 |
| 2015-12-31 | 10 | -26 | -9 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Taoping Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-09-30 | 0.04 |
| 2018-06-30 | 0.07 |
| 2018-03-31 | 0.06 |
| 2017-12-31 | 0.02 |
| 2017-09-30 | -0.17 |
| 2017-06-30 | -0.28 |
| 2017-03-31 | -0.40 |
| 2016-12-31 | -0.45 |
| 2016-06-30 | -0.23 |
| 2016-03-31 | -0.25 |
| 2015-12-31 | -0.26 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Taoping will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Taoping's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Taoping has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Taoping performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Taoping has delivered over 20% year on year earnings growth in the past 5 years.
- Taoping has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Taoping has become profitable in the last year making it difficult to compare the US IT industry average.
Earnings and Revenue History
All data from Taoping Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | 22.45 | 1.61 | 5.12 | 4.79 |
| 2018-06-30 | 23.82 | 2.83 | 4.87 | 4.57 |
| 2018-03-31 | 21.83 | 2.56 | 4.36 | 4.30 |
| 2017-12-31 | 18.19 | 0.86 | 4.74 | 4.03 |
| 2017-09-30 | 16.21 | -6.94 | 5.02 | 3.59 |
| 2017-06-30 | 12.97 | -11.07 | 7.36 | 3.33 |
| 2017-03-31 | 9.09 | -16.26 | 8.56 | 3.14 |
| 2016-12-31 | 10.19 | -18.17 | 9.68 | 3.04 |
| 2016-06-30 | 8.56 | -8.87 | 13.67 | 2.96 |
| 2016-03-31 | 9.42 | -8.93 | 13.64 | 3.20 |
| 2015-12-31 | 10.28 | -9.00 | 13.89 | 3.45 |
| 2015-06-30 | 54.23 | -36.02 | 29.41 | 4.61 |
| 2015-03-31 | 61.20 | -32.62 | 31.03 | 3.82 |
| 2014-12-31 | 38.63 | -23.97 | 25.08 | 1.48 |
| 2014-09-30 | 68.50 | -48.96 | 48.00 | 2.73 |
| 2014-06-30 | 68.84 | -68.69 | 64.25 | 2.43 |
| 2014-03-31 | 72.49 | -93.96 | 83.00 | 2.67 |
| 2013-12-31 | 55.42 | -118.51 | 92.71 | 2.19 |
| 2013-09-30 | 86.10 | -133.35 | 96.90 | 3.07 |
| 2013-06-30 | 94.10 | -120.44 | 92.92 | 3.69 |
| 2013-03-31 | 88.74 | -112.03 | 79.45 | 4.20 |
| 2012-12-31 | 86.38 | -89.63 | 62.59 | 4.95 |
| 2012-09-30 | 88.22 | -48.00 | 54.46 | 5.56 |
| 2012-06-30 | 89.26 | -25.63 | 39.39 | 5.32 |
| 2012-03-31 | 103.87 | -3.17 | 33.81 | 5.23 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Taoping has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Taoping used its assets less efficiently than the US IT industry average last year based on Return on Assets.
- Taoping has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Taoping's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Taoping has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Taoping's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Taoping's finances.
The net worth of a company is the difference between its assets and liabilities.
- Taoping is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Taoping has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 3.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Taoping Company Filings, last reported 5 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 16.06 | 7.12 | 2.04 |
| 2018-06-30 | 16.58 | 7.28 | 3.04 |
| 2018-03-31 | 14.91 | 7.00 | 1.76 |
| 2017-12-31 | 14.52 | 7.82 | 3.26 |
| 2017-09-30 | 14.30 | 7.51 | 1.78 |
| 2017-06-30 | 12.96 | 6.79 | 2.33 |
| 2017-03-31 | 12.80 | 7.80 | 3.75 |
| 2016-12-31 | 12.80 | 7.80 | 3.75 |
| 2016-06-30 | 23.44 | 6.49 | 2.82 |
| 2016-03-31 | 23.44 | 6.49 | 2.82 |
| 2015-12-31 | 30.09 | 15.41 | 3.79 |
| 2015-06-30 | 38.06 | 57.28 | 3.93 |
| 2015-03-31 | 38.06 | 57.28 | 3.93 |
| 2014-12-31 | 37.15 | 52.89 | 6.69 |
| 2014-09-30 | 37.15 | 63.75 | 11.19 |
| 2014-06-30 | 59.88 | 57.00 | 5.41 |
| 2014-03-31 | 59.88 | 57.00 | 5.41 |
| 2013-12-31 | 58.00 | 60.16 | 11.08 |
| 2013-09-30 | 58.00 | 60.16 | 11.08 |
| 2013-06-30 | 113.82 | 64.07 | 8.06 |
| 2013-03-31 | 113.82 | 64.07 | 8.06 |
| 2012-12-31 | 164.01 | 50.90 | 10.75 |
| 2012-09-30 | 211.74 | 48.25 | 6.27 |
| 2012-06-30 | 233.62 | 49.96 | 7.38 |
| 2012-03-31 | 251.03 | 35.11 | 7.60 |
- Taoping's level of debt (44.3%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (103.7% vs 44.3% today).
- Debt is well covered by operating cash flow (85.3%, greater than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 0.9x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Taoping's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Taoping has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Taoping's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Taoping
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Taoping's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Taoping's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America IT Industry Average Dividend Yield | Market Cap Weighted Average of 33 Stocks | 1.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Taoping has not reported any payouts.
- Unable to verify if Taoping's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Taoping's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Taoping afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Taoping has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $133,324 |
| AGE | 49 |
| TENURE AS CEO | 12.4 years |
CEO Bio
Mr. Jianghuai Lin has been the Chief Executive Officer of China Information Technology, Inc. since October 03, 2006 and has been its Chairman since September 06, 2006. Mr. Lin has been the Chairman and General Manager of iAPSEC Software Company Ltd. since July 2004. He serves as President of iASPEC Software Co., Ltd. and Shenzhen Bocom Multimedia Display Technology Company Ltd. He served as Interim Chief Financial Officer of China Information Technology, Inc. from June 2014 to October 2014. He served as the Chairman and Chief Executive Officer of Information Security Technology (China) Co., Ltd., a CNIT subsidiary, since its formation in January 2006. He served as the President of China Information Technology, Inc. He served as Chief Executive Officer and President of Irish Mag, Inc. since October 03, 2006. He served as Chairman and Chief Executive Officer of Public Security Technology (PRC) Co. Ltd. since January 2006. From September 2000 to June 2004, Mr. Lin served as the President of Hong Kong United Development Group. He also served as the Chairman and Chief Executive Officer of Bo Hai Wen, a subsidiary of Irish Mag Inc. since its incorporation in January 2006. From February 1995 to August 2000, he served as the General Manager of Fujian Wild Wolf Electronics Limited. He served as Executive Chairman of Irish Mag, Inc. since September 06, 2006. He has been Director of China Information Technology, Inc. since September 06, 2006. He served as Executive Director of Irish Mag, Inc. since September 6, 2006. He served as a Director of Fujian Wild Wolf Electronics Limited from February 1995 to August 2000. He is a member of Shenzhen Youth Federation and the Vice President of Shenzhen Young Entrepreneurs Association. Mr. Lin holds a Master's degree of Software Engineering from Wuhan University and a Bachelor’s degree in Industrial Accounting from Xiamen University.
CEO Compensation
- Insufficient data for Jianghuai to compare compensation growth.
- Insufficient data for Jianghuai to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Taoping management team in years:
- The tenure for the Taoping management team is about average.
Management Team
Jianghuai Lin
Chairman & CEO
$133K
49
12.4 yrs
Zhiqiang Zhao
President
$90K
47
3.6 yrs
Robin Huang
Chief Operating Officer
$79K
49
3.6 yrs
Yifu Liu
Executive Vice President
$95K
45
5 yrs
Guangzeng Chen
CTO & Chief Product Officer
39
3.3 yrs
Iris Yan
Director of Investor Relations and Corporate Secretary
Board of Directors Tenure
Average tenure and age of the Taoping board of directors in years:
- The tenure for the Taoping board of directors is about average.
Board of Directors
Jianghuai Lin
Chairman & CEO
$133K
49
12.5 yrs
Zhiqiang Zhao
President
$90K
47
10.5 yrs
Yunsen Huang
Director
$6K
72
6.8 yrs
Remington Hu
Director
$18K
52
6.8 yrs
Yong Jiang
Director
44
5.6 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Taoping's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Taoping has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
A Closer Look At Taoping Inc's (NASDAQ:TAOP) Uninspiring ROE
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleShould You Be Concerned About Taoping Inc's (NASDAQ:TAOP) Investors?
In this article, I will take a quick look at Taoping Inc’s (NASDAQ:TAOP) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … If an activist institution invests the same amount of capital in a stock as a passive long-term pension fund, the implications are potentially different for key corporate financing decisions such as the use of excess cash or the source of financing.
Simply Wall St - – Full articleWhat You Must Know About Taoping Inc's (NASDAQ:TAOP) ROE
This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … If TAOP borrows debt to invest in its business, its profits will be higher.
Simply Wall St - – Full articleWhat Investors Should Know About Taoping Inc's (NASDAQ:TAOP) Financial Strength
Investors are always looking for growth in small-cap stocks like Taoping Inc (NASDAQ:TAOP), with a market cap of US$62.77m. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleCompany Info
Description
Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries primarily in the People's Republic of China. The company operates in two segments, Cloud-based Technology and Traditional Information Technology. It offers cloud-based software as a service to automate the interactive workflow between advertising agencies and their customers, including establishing new projects, submitting advertisement proposals, revising and approving advertising proposals, processing payment online, remotely uploading advertisement content, and tracking and analyzing performance data. The company also provides project-based technology products and services for the public sector; and software and hardware with fully integrated solutions, including information technology infrastructure, Internet-enabled display technologies, and IoT platforms to customers in government, education, residential community management, media, transportation, and other private sectors, as well as related maintenance and support services. The company was formerly known as China Information Technology, Inc. and changed its name to Taoping Inc. in June 2018. Taoping Inc. was founded in 1993 and is headquartered in Shenzhen, the People’s Republic of China.
Details
| Name: | Taoping Inc. |
| TAOP | |
| Exchange: | NasdaqCM |
| Founded: | 1993 |
| $41,575,366 | |
| 40,760,163 | |
| Website: | http://www.taop.com |
| Address: |
Taoping Inc. Everbright Bank Building, 21st Floor, Shenzhen, Guangdong Province, 518040, China |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqCM | TAOP | Common Stock | Nasdaq Capital Market | US | USD | 06. Sep 2006 | |
| DB | C3I | Common Stock | Deutsche Boerse AG | DE | EUR | 06. Sep 2006 |
Number of employees
Current staff
Industry
| IT Consulting and Other Services | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/20 00:09 |
| End of day share price update: | 2019/03/19 00:00 |
| Last earnings filing: | 2018/11/21 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
