BAOSNasdaqServices-Business Services, NECUS GAAP · USD

Baosheng Media Group Holdings Ltd

Baosheng Media Group Holdings Ltd is a Beijing-based digital marketing company focused on online advertising solutions in China. Through its subsidiaries, it provides marketing strategy, advertising optimization, short-form video content production, and media placement services across search, feed, mobile-app, and social-media channels.

Liikevaihto0,6milj. USD
−8,8 %v/v
Liikevoitto (EBIT)−10,2milj. USD
+61,7 %v/v
EBIT-marginaali−1 799,4%
+2 486,3 %-yks.v/v
Nettotulos−12,0milj. USD
+55,3 %v/v
Vapaa kassavirta−2,3milj. USD
−13,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−30−20−1001020milj. USD2020: 12 milj. USD2020: EBIT 5,6 milj. USD20202021: 3,9 milj. USD2021: EBIT −9,4 milj. USD20212022: 2,4 milj. USD2022: EBIT −24 milj. USD20222023: 0,92 milj. USD2023: EBIT −2,5 milj. USD20232024: 0,62 milj. USD2024: EBIT −27 milj. USD20242025: 0,57 milj. USD2025: EBIT −10 milj. USD20250,57−10
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Online marketing solutions40 %

Strategy, campaign planning, and managed digital advertising services for merchants and brands.

Advertising placement and optimization30 %

Execution and optimization of paid media across search, feed, mobile, and social channels.

Short-form video marketing20 %

Content creation, distribution, and conversion-focused marketing using short-form video.

AI-enabled marketing services10 %

AI virtual humans, AI media-buying agents, and other automated marketing tools.

Tuotteet

Raportoitu · osuus liikevaihdosta
85,9%14,1%FY2025100 %
  • Rebates and Incentives Offered By Publishers85,9 %
  • Net Fees From Advertisers14,1 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Baosheng sells marketing services to local merchants, tourism destinations, service providers, and other commercial businesses that need customer acquisition and brand promotion in China. Its offerings are aimed at clients that want measurable traffic generation, higher conversion rates, and more automated campaign execution. The company also targets cultural-tourism and local-services scenarios where digital marketing can be tied to bookings, visits, or offline conversions.

Local merchants

Buy AI advertising, livestreaming, and short-form video marketing to attract nearby consumers and drive sales.

Tourism and scenic-area operators

Use digital promotion and AI-enabled content to increase visitor traffic and monetization.

Service providers

Purchase online marketing and media placement to generate qualified customer leads.

Commercial brands

Use strategy, media buying, and content marketing for broader awareness and performance marketing.

Strategia

Baosheng is extending its marketing capabilities from online media placement into offline local-services and tourism scenarios. The company is building AI-enabled tools such as virtual humans, AI media-buying agents, and short-form video workflows to make campaigns more automated, scalable, and measurable. It is also pursuing partnerships that can broaden its client base and create repeatable vertical solutions rather than one-off projects.

AI-enabled marketing automationLyhyt aikaväli

Automation can improve scalability, measurement, and campaign execution for clients.

Vertical expansion into local servicesKeskipitkä aikaväli

Local merchants and tourism operators can create recurring demand and new use cases.

Short-form video commercializationKeskipitkä aikaväli

Video content can improve engagement and conversion for performance marketing clients.

Maantiede

The company is headquartered in Beijing and its operating business is centered in mainland China. Its reported business focus is China-based online marketing, with local-services, cultural-tourism, and digital advertising use cases tied to domestic merchants and consumers. As a result, performance depends heavily on the Chinese advertising market, platform traffic conditions, and local business demand.

Riskit

Baosheng depends on China’s digital advertising ecosystem, where demand can shift with merchant spending, platform algorithms, and policy changes. Its strategy also requires successful execution of AI and vertical solutions, which may take longer to monetize than standard media buying services. Like other marketing service providers, the business faces client concentration, project timing, and collectability risks tied to receivables and contract performance.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →China demand concentration1Receivable quality and collection risk2Platform dependence3AI commercialization risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. China demand concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    Most services and customers are tied to mainland China local-commerce and advertising demand.

    Kohdistuu: Revenue and client acquisition

  2. Receivable quality and collection riskVaikutus: KorkeaTodennäköisyys: Korkea

    The company disclosed long-aged receivables and asset transfer activity, indicating credit quality pressure.

    Kohdistuu: Working capital and cash conversion

  3. Platform dependenceVaikutus: KeskitasoTodennäköisyys: Korkea

    Search, feed, app, and social-media advertising rely on third-party platforms and traffic economics.

    Kohdistuu: Campaign delivery and margins

  4. AI commercialization riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    New AI marketing offerings must prove they can generate repeatable, scalable client demand.

    Kohdistuu: New product adoption

Kysy Clarifolta: Baosheng Media Group Holdings Ltd

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Marketing services may be recognized as delivered or upon acceptance, affecting quarterly comparability.

Vaikutus: Can shift revenue between periods for campaign-based projects

Trade receivables and impairment

Long-aged receivables suggest elevated judgment around expected credit losses and recoverability.

Vaikutus: Affects net assets and operating results through provisions

Asset disposal or transfer accounting

The company disclosed a planned transfer of receivables and a prepaid item, which can create gains or losses.

Vaikutus: May affect reported profit and balance-sheet quality

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Baosheng Media Group Holdings Ltd (BAOS) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo