Planet Image International Limited, through its subsidiaries, manufactures and sells compatible toner cartridges on a white-label or third-party brand basis or under ...
Planet Image International Limited (YIBO) is a China-based, export-oriented manufacturer focused on printer consumables—primarily compatible toner cartridges. The company supplies toner cartridges in both white-label/third-party brand formats and under its own registered brands, including TrueImage, CoolToner, Aztech, and Toner Bank. This positioning supports a B2B-to-retail distribution model in which wholesalers, ...Planet Image International Limited (YIBO) is a China-based, export-oriented manufacturer focused on printer consumables—primarily compatible toner cartridges. The company supplies toner cartridges in both white-label/third-party brand formats and under its own registered brands, including TrueImage, CoolToner, Aztech, and Toner Bank. This positioning supports a B2B-to-retail distribution model in which wholesalers, dealers, and retailers can source cartridges under their preferred branding, while the manufacturer supplies the underlying product engineering, quality control, and manufacturing.
From a product and services perspective, the company’s core offering centers on toner cartridges that are compatible with a broad range of laser printer models. It also sells remanufactured toner cartridges, which typically leverage existing cartridge cores and refurbishment processes. In addition to the cartridges themselves, Planet Image International provides ancillary printer components used in cartridge ecosystems, such as carbon tapes, color tapes, and packaging materials. It also distributes additional categories beyond toner consumables, including fitness and home exercise equipment, electronics and accessories, home and kitchen appliances, and garden and outdoor tools—suggesting the company’s supply-chain and export capability extends to broader consumer and home product lines.
Economically, toner cartridge manufacturing involves sourcing and integrating multiple cost inputs (e.g., toner materials and cartridge components), plus quality testing to ensure print performance and compatibility. Packaging materials and logistics are also meaningful cost drivers for an export-heavy business, since cartridges are relatively bulky and shipping performance impacts total landed cost. By operating manufacturing and sales across China and serving customers in the United States, Europe, and other international markets, the company’s margins are influenced by component pricing, manufacturing yields/defect rates, freight and distribution efficiency, and brand/contracting terms under third-party or reseller programs.
Key leadership includes CEO Shaofang Weng. Founded in 2011 and headquartered in Xinyu, China, the company was listed on NASDAQ in 2024 (as reflected in the provided IPO date data). Overall, YIBO’s business model emphasizes compatibility expertise, scalable manufacturing, and multi-channel distribution—selling through distributors and online channels—while maintaining flexibility to deliver both branded products and customer-branded (white-label) cartridge lines.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$155.2M
+3.6%
+8.4%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-8.3M
-216.0%
+97.4%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+29.4%
-15.7%
-16.6%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-7.0%
-251.8%
+97.3%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-5.3%
-211.9%
+97.6%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-3.3M
+0.2%
+133.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-2.1%
+3.6%
+130.6%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
93.9%
+32.3%
+13.2%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.57x
+8.9%
+6.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
