YIBO
YIBO
Planet Image International Limited Class A Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $80.74M ▲ | $21.99M ▼ | $-213K ▲ | -0.26% ▲ | $-0 ▲ | $2.46M ▲ |
| Q2-2025 | $74.51M ▲ | $34.54M ▲ | $-8.04M ▼ | -10.79% ▼ | $-0.15 ▼ | $-9.84M ▼ |
| Q4-2024 | $72.56M ▼ | $22.99M ▲ | $2.82M ▼ | 3.88% ▼ | $0.05 ▼ | $2.88M ▼ |
| Q2-2024 | $77.26M ▲ | $22.4M ▼ | $4.3M ▲ | 5.56% ▲ | $0.08 ▼ | $6.46M ▲ |
| Q4-2023 | $76.02M | $24.8M | $3.78M | 4.97% | $0.09 | $3.5M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $54.41M ▼ | $154.15M ▲ | $96.24M ▲ | $57.9M ▼ |
| Q2-2025 | $54.83M ▲ | $140.35M ▲ | $82.16M ▲ | $58.19M ▲ |
| Q4-2024 | $49.46M ▼ | $138.92M ▼ | $82.04M ▼ | $56.89M ▲ |
| Q2-2024 | $53.45M ▲ | $139.26M ▲ | $85.38M ▼ | $53.88M ▲ |
| Q4-2023 | $45.13M | $130.27M | $97.16M | $33.11M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-213K ▲ | $2.05M ▲ | $375K ▼ | $-1.32M ▼ | $1.05M ▼ | $1.62M ▲ |
| Q2-2025 | $-8.04M ▼ | $-4.49M ▼ | $3.5M ▲ | $7.66M ▲ | $6.98M ▲ | $-4.89M ▼ |
| Q4-2024 | $2.82M ▼ | $-2.15M ▲ | $-17.88M ▼ | $1.48M ▼ | $-69.36M ▼ | $-3.27M ▼ |
| Q2-2024 | $4.3M ▲ | $-2.42M ▼ | $-482K ▲ | $8.16M ▲ | $69.36M ▲ | $-2.9M ▼ |
| Q4-2023 | $3.78M | $15.92M | $-773K | $-4.41M | $10.73M | $15.13M |
5-Year Trend Analysis
A comprehensive look at Planet Image International Limited Class A Ordinary Shares's financial evolution and strategic trajectory over the past five years.
YIBO combines a sizable revenue base with healthy gross margins, a solid balance sheet, and strong liquidity. It is a major player in the global compatible cartridge market, benefiting from economies of scale, cost leadership, and multi‑channel distribution. The company also shows a clear commitment to R&D and operational infrastructure, which supports its ability to keep up with changing printer technology and to expand its geographic and online presence.
The biggest concerns center on profitability and cash sustainability. Operating and net losses, together with negative operating and free cash flow, indicate that the current business model is not yet self‑funding. High overheads and intense price competition in a mature, possibly slowly shrinking market add pressure. Dependence on external financing and asset sales to bolster liquidity, ongoing exposure to OEM technical and legal challenges, and execution risk around diversification into new product areas all contribute to a relatively high risk profile.
YIBO’s outlook is mixed and uncertain. On one hand, it has scale, technical know‑how, and a relatively strong financial base that buy time to adjust. On the other, ongoing losses and cash burn mean that improvements in cost structure, product mix, or growth are needed to reach a more sustainable footing. Future performance will likely hinge on whether management can enhance efficiency, defend and expand its position in compatible cartridges amid OEM and market pressures, and successfully build new revenue streams in adjacent markets without overextending resources.
About Planet Image International Limited Class A Ordinary Shares
https://www.yibomk.comPlanet Image International Limited, through its subsidiaries, manufactures and sells compatible toner cartridges on a white-label or third-party brand basis in the People's Republic of China and internationally. The company also sells branded products through online sales channels under the TrueImage, CoolToner, and AZtech brands. It serves wholesalers, dealers, and retail customers.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $80.74M ▲ | $21.99M ▼ | $-213K ▲ | -0.26% ▲ | $-0 ▲ | $2.46M ▲ |
| Q2-2025 | $74.51M ▲ | $34.54M ▲ | $-8.04M ▼ | -10.79% ▼ | $-0.15 ▼ | $-9.84M ▼ |
| Q4-2024 | $72.56M ▼ | $22.99M ▲ | $2.82M ▼ | 3.88% ▼ | $0.05 ▼ | $2.88M ▼ |
| Q2-2024 | $77.26M ▲ | $22.4M ▼ | $4.3M ▲ | 5.56% ▲ | $0.08 ▼ | $6.46M ▲ |
| Q4-2023 | $76.02M | $24.8M | $3.78M | 4.97% | $0.09 | $3.5M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $54.41M ▼ | $154.15M ▲ | $96.24M ▲ | $57.9M ▼ |
| Q2-2025 | $54.83M ▲ | $140.35M ▲ | $82.16M ▲ | $58.19M ▲ |
| Q4-2024 | $49.46M ▼ | $138.92M ▼ | $82.04M ▼ | $56.89M ▲ |
| Q2-2024 | $53.45M ▲ | $139.26M ▲ | $85.38M ▼ | $53.88M ▲ |
| Q4-2023 | $45.13M | $130.27M | $97.16M | $33.11M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-213K ▲ | $2.05M ▲ | $375K ▼ | $-1.32M ▼ | $1.05M ▼ | $1.62M ▲ |
| Q2-2025 | $-8.04M ▼ | $-4.49M ▼ | $3.5M ▲ | $7.66M ▲ | $6.98M ▲ | $-4.89M ▼ |
| Q4-2024 | $2.82M ▼ | $-2.15M ▲ | $-17.88M ▼ | $1.48M ▼ | $-69.36M ▼ | $-3.27M ▼ |
| Q2-2024 | $4.3M ▲ | $-2.42M ▼ | $-482K ▲ | $8.16M ▲ | $69.36M ▲ | $-2.9M ▼ |
| Q4-2023 | $3.78M | $15.92M | $-773K | $-4.41M | $10.73M | $15.13M |
5-Year Trend Analysis
A comprehensive look at Planet Image International Limited Class A Ordinary Shares's financial evolution and strategic trajectory over the past five years.
YIBO combines a sizable revenue base with healthy gross margins, a solid balance sheet, and strong liquidity. It is a major player in the global compatible cartridge market, benefiting from economies of scale, cost leadership, and multi‑channel distribution. The company also shows a clear commitment to R&D and operational infrastructure, which supports its ability to keep up with changing printer technology and to expand its geographic and online presence.
The biggest concerns center on profitability and cash sustainability. Operating and net losses, together with negative operating and free cash flow, indicate that the current business model is not yet self‑funding. High overheads and intense price competition in a mature, possibly slowly shrinking market add pressure. Dependence on external financing and asset sales to bolster liquidity, ongoing exposure to OEM technical and legal challenges, and execution risk around diversification into new product areas all contribute to a relatively high risk profile.
YIBO’s outlook is mixed and uncertain. On one hand, it has scale, technical know‑how, and a relatively strong financial base that buy time to adjust. On the other, ongoing losses and cash burn mean that improvements in cost structure, product mix, or growth are needed to reach a more sustainable footing. Future performance will likely hinge on whether management can enhance efficiency, defend and expand its position in compatible cartridges amid OEM and market pressures, and successfully build new revenue streams in adjacent markets without overextending resources.

CEO
Shaofang Weng
Compensation Summary
(Year )
Ratings Snapshot
Rating : C

