Estados financieros detallados de Ebang International Holdings Inc. (EBON): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Ebang International Holdings Inc. registró ingresos de $6.5M en el último ejercicio fiscal, con un CAGR de 5 años del -19.2%.
Márgenes de los últimos 12 meses: margen bruto 25.7%, margen operativo -323.3%, margen neto -181.5%.
Al precio actual de $2.02, EBON presenta beneficios negativos (P/E no significativo) y un ROE del -5.14%. La capitalización bursátil es de $13M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $18.9M | $147.6M | $319.0M | $109.1M | $19.0M | $51.5M | $32.3M | $4.9M | $5.9M | $6.5M |
| Coste de Ventas | $10.0M | $67.7M | $294.6M | $139.6M | $21.9M | $22.2M | $16.9M | $21.6M | $4.7M | $6.1M |
| Beneficio Bruto | $9.0M | $79.9M | $24.4M | -$30.6M | -$2.9M | $29.2M | $15.4M | -$16.7M | $1.2M | $394846 |
| I+D | $3.3M | $9.3M | $43.5M | $13.4M | $8.5M | $6.6M | $5.1M | $7.4M | 0 | 0 |
| Generales y Administrativos | $4.1M | $5.5M | $55.5M | $20.1M | $23.7M | $27.2M | $42.7M | $30.9M | $31.6M | $23.3M |
| Gastos Operativos | $7.4M | $14.7M | $34.9M | $8.3M | $23.7M | $27.2M | $63.4M | $36.9M | $31.6M | $23.2M |
| Beneficio Operativo | $1.6M | $65.2M | -$3.7M | -$50.6M | -$26.6M | $2.0M | -$48.0M | -$53.6M | -$30.4M | -$22.8M |
| EBITDA | $3.3M | $68.7M | -$5.2M | -$29.8M | -$15.0M | $8.7M | -$16.5M | -$35.5M | -$18.3M | -$11.9M |
| Gastos por Intereses | $152177 | $287205 | $921047 | $2.0M | $728346 | $4383 | 0 | 0 | 0 | 0 |
| Beneficio Antes de Impuestos | $1.7M | $65.2M | -$10.9M | -$40.7M | -$22.9M | $2.4M | -$45.8M | -$39.1M | -$20.9M | -$14.5M |
| Impuestos | -$9031 | $8.2M | $899586 | $400311 | $9.3M | -$378843 | -$72933 | -$1.0M | -$42545 | -$320983 |
| Beneficio Neto | $1.9M | $55.9M | -$12.3M | -$42.4M | -$30.7M | $4.4M | -$43.9M | -$36.8M | -$20.3M | -$14.1M |
| BPA | $0.02 | $1.03 | $-10.92 | $-8.38 | $-7.55 | $0.75 | $-7.03 | $-5.86 | $-3.22 | $-2.24 |
| BPA Diluido | $0.02 | $1.03 | $-10.92 | $-8.38 | $-7.55 | $0.75 | $-7.03 | $-5.86 | $-3.22 | $-2.24 |
| Acciones en Circulación (Diluidas) | $103.7M | $54.5M | $1.1M | $5.1M | $4.1M | $5.9M | $6.2M | $6.3M | $6.3M | $6.3M |
Cuenta de Resultados (Trimestral)
| Año | 2024-Q4 | 2025-Q2 | 2025-Q4 | 2026-Q2 |
|---|
| Ingresos | $3.8M | $3.6M | $3.0M | $3.9M |
| Beneficio Bruto | $1.1M | -$648543 | $1.0M | $727411 |
| Beneficio Operativo | -$18.0M | -$10.9M | -$12.0M | -$10.2M |
| EBITDA | -$13.4M | -$4.5M | -$10.0M | -$10.2M |
| Beneficio Neto | -$14.0M | -$4.5M | -$9.6M | -$2.9M |
| BPA | $-2.23 | $-0.72 | $-1.53 | $-0.46 |
| BPA Diluido | $-2.23 | $-0.72 | $-1.53 | $-0.46 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $10.0M | $132.7M | $10.0M | $3.5M | $13.7M | $239.9M | $251.3M | $241.6M | $213.8M | $200.2M |
| Inversiones a Corto | $41873 | $38390 | 0 | 0 | $40.8M | $35.4M | $5.8M | $496122 | $4.9M | $6.2M |
| Cuentas por Cobrar | $14.7M | $18.3M | $21.6M | $8.1M | $8.0M | $9.9M | $3.3M | $946514 | $1.6M | $1.1M |
| Inventario | $10.6M | $162.1M | $66.3M | $13.1M | $3.8M | $7.1M | $1.6M | $198846 | $667428 | $4.1M |
| Activos Corrientes | $35.8M | $313.1M | $125.0M | $28.8M | $68.6M | $298.8M | $269.1M | $250.4M | $230.8M | $216.2M |
| Inmovilizado Material | $3.4M | $8.3M | $17.0M | $14.5M | $30.0M | $36.6M | $42.4M | $39.3M | $33.3M | $33.5M |
| Fondo de Comercio | $1.8M | $1.9M | 0 | 0 | 0 | 0 | $2.3M | 0 | $1.3M | 0 |
| Activos Intangibles | $4.9M | $5.8M | $4.7M | $3.8M | $23.1M | $22.5M | $6.9M | $2.3M | $3.3M | $2.2M |
| Activos Totales | $46.3M | $332.2M | $149.5M | $82.6M | $144.2M | $385.9M | $344.2M | $298.2M | $275.8M | $256.8M |
| Cuentas por Pagar | $1.9M | $9.9M | $43.6M | $11.8M | $2.8M | $3.4M | $1.5M | $292570 | $286099 | $436119 |
| Deuda a Corto | $9.7M | $5.7M | $23.0M | $4.9M | $1.9M | 0 | 0 | 0 | 0 | $1.2M |
| Pasivos Corrientes | $15.2M | $225.8M | $77.0M | $39.0M | $34.3M | $14.7M | $15.5M | $12.0M | $11.9M | $7.9M |
| Deuda a Largo | 0 | 0 | $4.6M | $17.6M | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $15.9M | $226.4M | $81.6M | $57.0M | $34.4M | $16.9M | $22.4M | $16.9M | $15.4M | $11.7M |
| Reservas | $5.4M | $59.0M | $45.5M | -$7.9M | -$38.6M | -$34.2M | -$78.1M | -$114.8M | -$135.1M | -$149.2M |
| Patrimonio Neto | $23.7M | $97.7M | $61.6M | $18.0M | $103.1M | $363.7M | $318.9M | $279.8M | $259.6M | $244.2M |
| Deuda Total | $11.5M | $5.7M | $27.7M | $23.7M | $2.6M | $3.4M | $7.3M | $6.7M | $4.0M | $4.6M |
| Deuda Neta | $1.5M | -$127.0M | $17.7M | $20.2M | -$51.9M | -$271.9M | -$249.9M | -$235.5M | -$215.3M | -$201.8M |
| Capital Circulante | $20.6M | $87.3M | $48.0M | -$10.2M | $34.3M | $284.1M | $253.6M | $238.5M | $218.9M | $208.3M |
Balance (Trimestral)
| Año | 2024-Q4 | 2025-Q2 | 2025-Q4 | 2026-Q2 |
|---|
| Caja y Equivalentes | $213.8M | $214.5M | $200.2M | $179.8M |
| Activos Totales | $275.8M | $268.0M | $256.8M | $247.9M |
| Pasivos Totales | $15.4M | $13.6M | $11.7M | $8.4M |
| Patrimonio Neto | $259.6M | $253.6M | $244.2M | $241.3M |
| Deuda Total | $4.0M | $3.4M | $4.6M | $1.2M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $1.9M | $55.9M | -$12.3M | -$42.4M | -$24.5M | $4.4M | -$43.9M | -$36.8M | -$20.3M | -$14.1M |
| Amortizaciones | $1.5M | $3.2M | $4.8M | $8.9M | $7.2M | $6.3M | $10.7M | $3.5M | $2.6M | $2.6M |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | $707000 | $3.9M | -$153034 | 0 | 0 |
| Cambio en Capital Circulante | -$11.6M | $53.7M | $30.4M | $64.0M | -$6.6M | -$29.6M | -$4.9M | -$3.1M | -$1.1M | -$475947 |
| Flujo de Caja Operativo | -$8.1M | $122.5M | -$108.2M | -$13.3M | -$15.8M | -$13.0M | $4.3M | -$11.7M | -$17.6M | -$9.0M |
| Inversiones (CapEx) | -$613677 | -$9.8M | -$5.9M | -$5.8M | -$22.8M | -$8.5M | -$14.1M | -$10.1M | -$4.9M | -$4.5M |
| Adquisiciones | $1.0M | $8434 | $5140 | $25764 | $53435 | $357261 | -$5.9M | $7524 | -$317395 | $184717 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | -$1.4M | 0 | -$6.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$8.7M | $112.7M | -$114.2M | -$19.1M | -$38.6M | -$21.5M | -$9.8M | -$21.8M | -$22.6M | -$13.5M |
Flujo de Caja (Trimestral)
| Año | 2024-Q4 | 2025-Q2 | 2025-Q4 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$17.6M | 0 | 0 | 0 |
| Inversiones (CapEx) | -$4.9M | 0 | 0 | 0 |
| Flujo de Caja Libre | -$22.6M | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +680.8% | +116.1% | -65.8% | -82.6% | +170.7% | -37.2% | -85.0% | +20.9% | +11.4% |
| Crecimiento Beneficio Neto (anual) | | +2885.4% | -122.0% | -244.5% | +27.7% | +114.4% | -1090.5% | +16.2% | +44.9% | +30.4% |
| Crecimiento BPA (anual) | | +5590.6% | -1160.2% | +23.3% | +9.9% | +109.9% | -1037.3% | +16.6% | +45.1% | +30.4% |
| Cambio en Acciones (anual) | | -47.5% | -97.9% | +349.0% | -19.7% | +45.9% | +5.4% | +0.4% | +0.1% | +0.0% |
| Crecimiento FCF (anual) | | +1389.2% | -201.4% | +83.3% | -102.1% | +44.3% | +54.5% | -123.2% | -3.4% | +40.0% |
| Margen Bruto | 47.4% | 54.2% | 7.7% | -28.0% | -15.3% | 56.8% | 47.7% | -344.0% | 20.3% | 6.0% |
| Margen Operativo | 8.3% | 44.2% | -1.2% | -46.4% | -140.2% | 3.9% | -148.4% | -1104.8% | -517.5% | -349.3% |
| Margen EBITDA | 17.4% | 46.5% | -1.6% | -27.3% | -78.8% | 16.8% | -51.2% | -732.1% | -312.0% | -182.5% |
| Margen Neto | 9.9% | 37.9% | -3.9% | -38.9% | -161.4% | 8.6% | -135.8% | -757.4% | -345.1% | -215.6% |
| Margen FCF | -46.2% | 76.3% | -35.8% | -17.5% | -203.1% | -41.8% | -30.2% | -449.0% | -384.3% | -207.2% |
| Tasa Impositiva Efectiva | -0.5% | 12.6% | -8.2% | -1.0% | -40.5% | -15.9% | 0.2% | 2.6% | 0.2% | 2.2% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.08 | $2.07 | $-101.31 | $-3.77 | $-9.49 | $-3.62 | $-1.56 | $-3.47 | $-3.59 | $-2.16 |
| Dividendo por Acción | $0.01 | $0.00 | $5.77 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $103.7M | $54.5M | $1.1M | $5.1M | $4.1M | $5.9M | $6.2M | $6.3M | $6.3M | $6.3M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -5.14% |
| Rentabilidad sobre capital invertido | -9.05% |
| Rentabilidad sobre activos | -5.04% |
| Margen bruto | 25.74% |
| Margen operativo | -323.33% |
| Margen neto | -181.47% |
Salud financiera
| Deuda / Patrimonio | 0.01 |
| Ratio corriente | 28.65 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 0.88 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 8287.29 | 145.63 | -13.74 | -17.90 | -24.12 | 41.20 | -0.41 | -2.61 | -1.78 | -1.37 |
| P/VC | 657.36 | 83.62 | 2.75 | 42.22 | 7.18 | 0.50 | 0.06 | 0.34 | 0.14 | 0.08 |
| P/V | 822.51 | 55.33 | 0.53 | 6.96 | 38.95 | 3.56 | 0.56 | 19.77 | 6.12 | 2.94 |
| Margen Bruto | 47.4% | 54.2% | 7.7% | -28.0% | -15.3% | 56.8% | 47.7% | -344.0% | 20.3% | 6.0% |
| Margen Operativo | 8.3% | 44.2% | -1.2% | -46.4% | -140.2% | 3.9% | -148.4% | -1104.8% | -517.5% | -349.3% |
| Margen Neto | 9.9% | 37.9% | -3.9% | -38.9% | -161.4% | 8.6% | -135.8% | -757.4% | -345.1% | -215.6% |