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Side-by-side financial comparison of Baird Medical Investment Holdings Ltd (BDMD) and Sunlands Technology Group (STG). Click either name above to swap in a different company.

Sunlands Technology Group is the larger business by last-quarter revenue ($10.1M vs $8.0M, roughly 1.3× Baird Medical Investment Holdings Ltd). Sunlands Technology Group runs the higher net margin — 24.0% vs -142.7%, a 166.7% gap on every dollar of revenue.

Baird Medical Investment Holdings Ltd is a healthcare-focused investment holding company mainly operating in the Chinese market. It invests in and manages businesses covering in vitro diagnostic devices, medical consumables, and community healthcare services, serving clinical institutions and individual consumers.

STG Partners, LLC (STG) is an American private equity firm and based in Menlo Park, California. Its predecessor, Symphony Technology Group ("Symphony") was founded in 2002 by Romesh Wadhwani, William Chisholm, and Bryan Taylor. In 2017, Symphony was reorganized as STG Partners. As of March 2025, STG Partners managed approximately $12 billion in 19 pooled investment vehicle for its clients. The firm itself has less than one billion dollars in assets.

BDMD vs STG — Head-to-Head

Bigger by revenue
STG
STG
1.3× larger
STG
$10.1M
$8.0M
BDMD
Higher net margin
STG
STG
166.7% more per $
STG
24.0%
-142.7%
BDMD

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
BDMD
BDMD
STG
STG
Revenue
$8.0M
$10.1M
Net Profit
$-11.4M
$2.4M
Gross Margin
82.1%
88.5%
Operating Margin
-131.3%
26.5%
Net Margin
-142.7%
24.0%
Revenue YoY
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BDMD
BDMD
STG
STG
Q3 25
$10.1M
Q2 25
$8.0M
$9.3M
Q4 24
$9.7M
Q2 24
$10.0M
Q3 23
$9.9M
Q2 23
$10.0M
Net Profit
BDMD
BDMD
STG
STG
Q3 25
$2.4M
Q2 25
$-11.4M
$1.4M
Q4 24
$1.8M
Q2 24
$2.2M
Q3 23
$2.5M
Q2 23
$3.3M
Gross Margin
BDMD
BDMD
STG
STG
Q3 25
88.5%
Q2 25
82.1%
85.2%
Q4 24
83.3%
Q2 24
85.2%
Q3 23
87.8%
Q2 23
88.7%
Operating Margin
BDMD
BDMD
STG
STG
Q3 25
26.5%
Q2 25
-131.3%
15.2%
Q4 24
13.4%
Q2 24
Q3 23
23.3%
Q2 23
29.6%
Net Margin
BDMD
BDMD
STG
STG
Q3 25
24.0%
Q2 25
-142.7%
15.4%
Q4 24
18.2%
Q2 24
21.5%
Q3 23
25.1%
Q2 23
33.0%
EPS (diluted)
BDMD
BDMD
STG
STG
Q3 25
Q2 25
Q4 24
Q2 24
$0.31
Q3 23
Q2 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDMD
BDMD
STG
STG
Cash + ST InvestmentsLiquidity on hand
$15.1M
Total DebtLower is stronger
$8.4M
Stockholders' EquityBook value
$35.6M
$17.7M
Total Assets
$77.0M
$41.2M
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDMD
BDMD
STG
STG
Q3 25
$15.1M
Q2 25
Q4 24
$15.6M
Q2 24
$18.7M
Q3 23
$16.5M
Q2 23
Total Debt
BDMD
BDMD
STG
STG
Q3 25
Q2 25
$8.4M
Q4 24
$1.5M
Q2 24
$1.8M
Q3 23
$2.2M
Q2 23
Stockholders' Equity
BDMD
BDMD
STG
STG
Q3 25
$17.7M
Q2 25
$35.6M
$12.6M
Q4 24
$10.7M
Q2 24
$7.6M
Q3 23
$2.5M
Q2 23
Total Assets
BDMD
BDMD
STG
STG
Q3 25
$41.2M
Q2 25
$77.0M
$40.3M
Q4 24
$42.4M
Q2 24
$41.3M
Q3 23
$40.0M
Q2 23
Debt / Equity
BDMD
BDMD
STG
STG
Q3 25
Q2 25
0.24×
Q4 24
0.14×
Q2 24
0.24×
Q3 23
0.86×
Q2 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDMD
BDMD
STG
STG
Operating Cash FlowLast quarter
$-3.2M
Free Cash FlowOCF − Capex
$-3.2M
FCF MarginFCF / Revenue
-40.7%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDMD
BDMD
STG
STG
Q3 25
Q2 25
$-3.2M
Q4 24
Q2 24
Q3 23
Q2 23
Free Cash Flow
BDMD
BDMD
STG
STG
Q3 25
Q2 25
$-3.2M
Q4 24
Q2 24
Q3 23
Q2 23
FCF Margin
BDMD
BDMD
STG
STG
Q3 25
Q2 25
-40.7%
Q4 24
Q2 24
Q3 23
Q2 23
Capex Intensity
BDMD
BDMD
STG
STG
Q3 25
Q2 25
0.6%
Q4 24
Q2 24
Q3 23
Q2 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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