Mercurity Fintech Financials

MFH Stock  USD 1.43  0.17  13.49%   
Based on the key indicators obtained from Mercurity Fintech's historical financial statements, Mercurity Fintech Holding may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. As of now, Mercurity Fintech's Cash And Short Term Investments are increasing as compared to previous years. The Mercurity Fintech's current Common Stock Total Equity is estimated to increase to about 36 K, while Total Assets are projected to decrease to under 16.2 M. Key indicators impacting Mercurity Fintech's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio4.974.73
Sufficiently Up
Slightly volatile
The financial analysis of Mercurity Fintech is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Mercurity Fintech includes many different criteria found on its balance sheet. For example, investors should never minimize Mercurity Fintech's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Mercurity Fintech's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Mercurity Fintech.

Net Income

(6.8 Million)

With this module, you can analyze Mercurity financials for your investing period. You should be able to track the changes in Mercurity Fintech individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Mercurity Fintech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mercurity Fintech's financial statements are interrelated, with each one affecting the others. For example, an increase in Mercurity Fintech's assets may result in an increase in income on the income statement.
The data published in Mercurity Fintech's official financial statements usually reflect Mercurity Fintech's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Mercurity Fintech Holding. For example, before you start analyzing numbers published by Mercurity accountants, it's critical to develop an understanding of what Mercurity Fintech's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Mercurity Fintech's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mercurity Fintech's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Mercurity Fintech's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mercurity Fintech Holding. Please utilize our Beneish M Score to check the likelihood of Mercurity Fintech's management manipulating its earnings.

Mercurity Fintech Stock Summary

Mercurity Fintech competes with Pluri, BioLineRx, Purple Biotech, Pmv PharmaceuticalsI, and Aptevo Therapeutics. Mercurity Fintech Holding Inc. engages in the design, development, creation, testing, installation, configuration, integration, and customization of operational software based on blockchain technologies and related services in the British Virgin Islands and the Asia pacific region. Mercurity Fintech Holding Inc. was incorporated in 2011 and is headquartered in Beijing, the Peoples Republic of China. Mercurity Fintech operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 13 people.
Specialization
Information Technology, Software & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS58936H1095
CUSIP58936H109 98212L101 G59467202 46647L204 46647L105
LocationChina
Business Address1330 Avenue of
SectorSoftware
IndustryInformation Technology
BenchmarkNYSE Composite
Websitemercurityfintech.com
Phone949 678 9653
CurrencyUSD - US Dollar
You should never invest in Mercurity Fintech without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mercurity Stock, because this is throwing your money away. Analyzing the key information contained in Mercurity Fintech's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Mercurity Fintech Key Financial Ratios

Generally speaking, Mercurity Fintech's financial ratios allow both analysts and investors to convert raw data from Mercurity Fintech's financial statements into concise, actionable information that can be used to evaluate the performance of Mercurity Fintech over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mercurity Fintech Holding reports annually and quarterly.

Mercurity Fintech Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.9M11.0M9.9M18.9M17.0M16.2M
Other Current Liab836.6K692.5K1.4M1.1M952.2K904.6K
Net Debt7.3B(174.8K)(440.6K)(6.5M)(7.5M)(7.1M)
Retained Earnings(638.4M)(640.0M)(660.8M)(667.3M)(600.6M)(630.6M)
Accounts Payable(7.7B)16K0.022.1K19.9K20.9K
Cash435.2K174.8K440.6K7.4M6.7M7.0M
Net Receivables1.7M2.3M1.5K35.9K32.3K30.7K
Inventory585.8M(768.4M)(1.3B)(7.5B)(6.8B)(6.4B)
Other Current Assets(585.8M)768.4M1.3B7.5B8.6B9.1B
Total Liab836.6K708.5K1.4M2.1M1.9M1.8M
Total Current Assets2.1M2.5M1.7M7.5M6.8M8.8M
Short Term Debt7.7M7.3M7.3B269.7K310.1K294.6K
Common Stock21.1K29.8K49.4K140.7K126.6K120.3K
Other Assets406.0K1.2M383.3K8.2M7.4M7.0M
Net Tangible Assets(22.2M)2.5M2.1M8.6M7.7M10.2M
Net Invested Capital8.0M10.3M8.6M16.8M15.1M18.7M
Net Working Capital1.3M1.8M369.9K6.1M7.0M7.3M
Capital Stock21.1K29.8K49.4K140.7K161.8K169.9K

Mercurity Fintech Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Mercurity Fintech's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense279.08.2K1.1K1K900.0855.0
Total Revenue1.7M1.5M670.2K863.4K777.1K738.2K
Gross Profit1.5M1.3M(32.5K)(517.2K)(465.4K)(442.2K)
Operating Income455.8K(1.6M)(12.5M)467.3K537.4K564.3K
Ebit455.8K(1.6M)(12.5M)467.3K537.4K510.5K
Ebitda455.8K38.9K(8.3M)496.3K570.7K542.2K
Cost Of Revenue257.0K154.3K702.7K1.4M1.2M1.2M
Income Before Tax483.0K(1.7M)(12.4M)(5.9M)(6.8M)(7.1M)
Net Income(1.2M)(807.7K)(18.6M)(5.6M)(6.5M)(6.8M)
Income Tax Expense1.7M(843.5K)6.2M(248.7K)(286.0K)(300.3K)
Tax Provision(6.9M)(2.1M)0.0(248.7K)(286.0K)(300.3K)
Interest Income279.08.2K1.1K5.1K4.6K4.4K
Net Interest Income279.08.2K1.1K5.1K5.9K6.2K

Mercurity Fintech Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Mercurity Fintech Holding. It measures of how well Mercurity is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Mercurity Fintech brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Mercurity had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Mercurity Fintech has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash78.5K(260.4K)268.5K7.1M8.2M8.6M
Free Cash Flow(644.6K)(613.5K)(4.0M)(589.6K)(678.1K)(712.0K)
Depreciation8.6M1.5M0.029.0K26.1K24.8K
Other Non Cash Items272.8K835.3K1.6M4.4M4.0M3.8M
Capital Expenditures13.1K0.017.9K7.2K6.5K6.2K
Net Income483.0K(1.7M)(12.4M)(5.6M)(6.5M)(6.8M)
End Period Cash Flow435.2K174.8K443.3K7.5M6.8M7.1M
Investments588.3K(10.1K)2.6M(32.2K)(37.1K)(38.9K)
Change To Netincome118.5M2.0M1.1M18.3M16.5M15.7M

Mercurity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mercurity Fintech's current stock value. Our valuation model uses many indicators to compare Mercurity Fintech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mercurity Fintech competition to find correlations between indicators driving Mercurity Fintech's intrinsic value. More Info.
Mercurity Fintech Holding is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . As of now, Mercurity Fintech's Return On Equity is decreasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Mercurity Fintech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mercurity Fintech's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mercurity Fintech's earnings, one of the primary drivers of an investment's value.

Mercurity Fintech Holding Systematic Risk

Mercurity Fintech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mercurity Fintech volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Mercurity Fintech Holding correlated with the market. If Beta is less than 0 Mercurity Fintech generally moves in the opposite direction as compared to the market. If Mercurity Fintech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mercurity Fintech Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mercurity Fintech is generally in the same direction as the market. If Beta > 1 Mercurity Fintech moves generally in the same direction as, but more than the movement of the benchmark.

About Mercurity Fintech Financials

What exactly are Mercurity Fintech Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Mercurity Fintech's income statement, its balance sheet, and the statement of cash flows. Potential Mercurity Fintech investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Mercurity Fintech investors may use each financial statement separately, they are all related. The changes in Mercurity Fintech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mercurity Fintech's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Mercurity Fintech Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Mercurity Fintech is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Mercurity has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Mercurity Fintech's financials are consistent with your investment objective using the following steps:
  • Review Mercurity Fintech's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Mercurity Fintech's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Mercurity Fintech's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Mercurity Fintech's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Mercurity Fintech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mercurity Fintech's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mercurity Fintech growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0391

As of now, Mercurity Fintech's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Mercurity Fintech April 19, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mercurity Fintech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mercurity Fintech Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mercurity Fintech Holding based on widely used predictive technical indicators. In general, we focus on analyzing Mercurity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mercurity Fintech's daily price indicators and compare them against related drivers.
When determining whether Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercurity Fintech Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Mercurity Fintech Holding information on this page should be used as a complementary analysis to other Mercurity Fintech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Mercurity Stock analysis

When running Mercurity Fintech's price analysis, check to measure Mercurity Fintech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mercurity Fintech is operating at the current time. Most of Mercurity Fintech's value examination focuses on studying past and present price action to predict the probability of Mercurity Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercurity Fintech's price. Additionally, you may evaluate how the addition of Mercurity Fintech to your portfolios can decrease your overall portfolio volatility.
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Is Mercurity Fintech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercurity Fintech. If investors know Mercurity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercurity Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.011
Quarterly Revenue Growth
(0.69)
Return On Assets
(0.20)
Return On Equity
(0.28)
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.