Chaince Digital Holdings Inc (CD) AI Stock Analysis

• Market Cap: $347.98M
• Dividend Yield: N/A
• Average Volume (3M): 243.94K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: 33.47%
• EPS Growth: 74.41%
• Country: US
• Employees: 11
• Sector: Financial
• Sector Strength: 70
• Industry: Information Technology Services
• EPS (TTM): N/A
• Shares Outstanding: 69,874,794
• 10 Day Avg. Volume: 287,719
• 30 Day Avg. Volume: 243,935
• PEG Ratio: 1.46
• Price to Book (P/B): 17.25
• Price to Sales (P/S): 412.55
• P/FCF Ratio: -116.20
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 346.34
• Enterprise Value/Gross Profit: -1.15K
• Enterprise Value/Ebitda: -87.44
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: $6.50

The score is primarily constrained by weak financial performance (persistent losses, negative margins, and weak free cash flow) and a negative P/E tied to unprofitability. Technical indicators are mixed with some near-term strength but longer-term trend pressure. A positive corporate governance event (shift to U.S. domestic reporting) modestly improves the outlook, but does not offset the fundamental risks.

Positive Factors

Regulatory approval and strategic pivot to financial services

FINRA approval and a formal pivot to regulated financial services create a durable platform for recurring, fee-based revenue (brokerage, tokenized assets). Regulation and rebranding support institutional access and scalability, improving long-term monetization prospects as the firm transitions from pure fintech R&D to regulated services.

Rising institutional ownership

A significant rise in institutional holders provides longer-term capital stability, potential lower cost of capital, and external validation of strategy. Sustained institutional interest can support strategic initiatives, improve governance scrutiny, and reduce funding volatility over the medium term.

Strategic manufacturing and AI expansion backed by financing

Announced gigafactory partnership and targeted financing signal a structural shift into AI/HPC manufacturing and on-chain infrastructure, diversifying revenue beyond trading fees. If executed, vertical manufacturing and AI platform assets can create barriers, industrial partnerships, and new recurring enterprise revenue streams over multiple years.

Negative Factors

Negative margins and ongoing losses

Persistent negative gross and net margins indicate core profitability issues and structural cost/revenue mismatches. Continued losses impair reinvestment capacity, hinder self-funding of strategic initiatives, and require external capital to sustain operations, raising execution risk over the medium term.

Weak cash flow and negative free cash flow trends

Negative free cash flow and poor conversion of income to cash constrain the company's ability to fund growth internally, increasing reliance on dilutive financing or costly debt. Over 2–6 months this limits flexibility to scale operations or absorb setbacks, making capital availability a structural risk.

Concerning leverage on the balance sheet

A high debt-to-equity profile reduces financial flexibility and raises refinancing and interest-cost risks, especially while profitability and cash generation remain weak. Leverage can constrain strategic investments and increase vulnerability to macro shocks, limiting durable operational resilience.

Chaince Digital Holdings Inc Business Overview & Revenue Model

Company Description

Mercurity Fintech Holding (MFH) is a global fintech company focused on revolutionizing the financial services sector through innovative technology solutions. The company operates primarily in the blockchain and digital asset space, offering a range of products and services including digital asset management, trading platforms, and blockchain technology integration. MFH aims to empower businesses and individuals by providing secure, efficient, and transparent financial services that leverage cutting-edge technology.

How the Company Makes Money

Mercurity Fintech Holding generates revenue through multiple streams including transaction fees from its trading platforms, subscription fees for premium services, and commissions on asset management services. Additionally, the company may earn income from partnerships with other financial institutions and technology providers, as well as through strategic investments in blockchain projects. MFH's ability to monetize its technology and services through enterprise solutions and collaborations with key industry players further enhances its revenue potential.

Chaince Digital Holdings Inc Financial Statement Overview

Summary

Weak fundamentals overall: volatile and declining revenue trends, negative gross/net/EBIT/EBITDA margins indicating ongoing losses and cost pressures, and weak cash generation with negative free cash flow. The balance sheet has positive equity but elevated leverage raises risk.

Income Statement

Mercurity Fintech Holding has experienced significant volatility in its revenue and profitability. The company's revenue growth has been inconsistent, with a notable decline in recent years. Gross profit margins are negative, indicating cost challenges. Net profit margins are also negative, reflecting ongoing losses. The EBIT and EBITDA margins are similarly negative, highlighting operational inefficiencies.

Balance Sheet

The balance sheet shows moderate stability with a positive equity position, but the debt-to-equity ratio is concerning, indicating potential leverage risks. The equity ratio is relatively healthy, suggesting a reasonable proportion of assets financed by equity. However, the company's overall financial health is hindered by high liabilities relative to equity.

Cash Flow

Cash flow analysis reveals challenges in generating positive free cash flow, with negative free cash flow growth rates. The operating cash flow to net income ratio is unfavorable, indicating difficulties in converting income into cash. Despite some positive financing activities, the company's cash flow position remains weak.

Breakdown	Jun 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.01M	445.93K	863.44K	670.17K	1.40M
Gross Profit	-375.51K	-978.38K	-517.16K	-32.51K	1.33M
EBITDA	-2.11M	-7.90M	-5.85M	-12.13M	-693.32K
Net Income	-4.53M	-9.36M	-5.63M	-21.67M	-1.65M
Balance Sheet
Total Assets	35.69M	30.40M	18.89M	9.94M	10.96M
Cash, Cash Equivalents and Short-Term Investments	24.87M	18.44M	7.45M	440.64K	174.78K
Total Debt	7.78M	9.63M	904.13K	1.12M	0.00
Total Liabilities	11.60M	12.56M	2.06M	1.37M	708.50K
Stockholders Equity	24.09M	17.83M	16.83M	8.57M	10.25M
Cash Flow
Free Cash Flow	-3.58M	-5.79M	-589.64K	-4.01M	-613.54K
Operating Cash Flow	-3.57M	-2.79M	-582.42K	-4.01M	-595.68K
Investing Cash Flow	3.79M	-7.84M	-32.22K	2.59M	-10.15K
Financing Cash Flow	7.58M	19.30M	7.72M	1.68M	300.00K

Chaince Digital Holdings Inc Technical Analysis

• Last Price: ―

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CD, the sentiment is undefined. The current price of undefined is equal to the 20-day moving average (MA) of ―, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a undefined sentiment for CD.

Chaince Digital Holdings Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Chaince Digital Holdings Inc Corporate Events

Chaince Digital to Voluntarily Adopt U.S. Domestic Reporting

On January 26, 2026, Chaince Digital Holdings Inc., which currently qualifies as a foreign private issuer, decided to change its reporting status with the U.S. Securities and Exchange Commission. Starting with its annual report for the fiscal year ended December 31, 2025, the company will voluntarily report as a domestic issuer, switching from foreign-issuer forms to filing annual, quarterly and current reports on the standard U.S. domestic issuer forms, a move that aligns its disclosure practices more closely with those of U.S.-based public companies and may increase transparency for investors.

The most recent analyst rating on (CD) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on Chaince Digital Holdings Inc stock, see the CD Stock Forecast page.

Chaince Digital Holdings Announces Resignation of Director and COO Sun Qian

On December 22, 2025, Chaince Digital Holdings Inc. announced that its board had received and accepted the voluntary resignation of Sun Qian as both a director and the company’s Chief Operating Officer. The company stated that her departure did not arise from any disagreement with management, the board or company policies, and publicly expressed appreciation for her service, signaling an orderly leadership transition rather than a sign of internal dispute for investors and other stakeholders.

The most recent analyst rating on (CD) stock is a Sell with a $6.00 price target. To see the full list of analyst forecasts on Chaince Digital Holdings Inc stock, see the CD Stock Forecast page.

Chaince Digital Secures $6.14 Million for AI and Manufacturing Expansion

On December 15, 2025, Chaince Digital Holdings Inc. announced the completion of a private placement with an institutional investor, raising approximately $6.14 million. This funding will support the company’s development of a U.S.-based AI and semiconductor-focused gigafactory, expansion of AI/HPC infrastructure platforms, and corporate development activities. The financing strengthens Chaince’s balance sheet as it accelerates its transition into AI-driven industrial technology, enhancing its strategic manufacturing initiative.

The most recent analyst rating on (CD) stock is a Sell with a $6.00 price target. To see the full list of analyst forecasts on Chaince Digital Holdings Inc stock, see the CD Stock Forecast page.

Chaince Digital Holdings Rebrands and Focuses on Financial Services

Chaince Digital Holdings Inc. has shifted its primary focus to financial services since March 2025, following FINRA’s approval of Chaince Securities, LLC’s Continuing Membership Application. This strategic move aligns with the company’s goal to expand its customer base and achieve profitability in the financial sector. The company also rebranded from Mercurity Fintech Holding Inc. to Chaince Digital Holdings Inc. on November 13, 2025, reflecting its new strategic direction. Furthermore, Chaince has increased its shareholders’ equity significantly through PIPE financing and the conversion of convertible notes, with 69,874,797 ordinary shares issued as of December 10, 2025.

The most recent analyst rating on (CD) stock is a Sell with a $6.00 price target. To see the full list of analyst forecasts on Chaince Digital Holdings Inc stock, see the CD Stock Forecast page.

Chaince Digital and ZJK Industrial Announce $200 Million U.S. Gigafactory Partnership

On November 24, 2025, Chaince Digital Holdings Inc. announced a non-binding Strategic Cooperation Framework Agreement with ZJK Industrial Co., Ltd. to build a U.S.-based precision components gigafactory. The facility will serve the AI, semiconductor, and other advanced technology industries, with an investment of up to $200 million. This initiative aims to strengthen the U.S. high-end manufacturing ecosystem and advance the made-in-America strategy. Additionally, Chaince Securities has been appointed as ZJK’s capital markets strategic advisor for five years, highlighting Chaince Digital’s expanding role in bridging traditional capital markets with digital-asset infrastructure.

The most recent analyst rating on (CD) stock is a Sell with a $8.00 price target. To see the full list of analyst forecasts on Chaince Digital Holdings Inc stock, see the CD Stock Forecast page.

Chaince Digital Holdings Sees Surge in Institutional Ownership

On November 18, 2025, Chaince Digital Holdings Inc. announced an increase in institutional ownership, with nearly 100 institutional investors, including major asset managers like BlackRock, State Street, and UBS, reporting increased holdings in the company. This growth in institutional presence, although primarily driven by index-related or passive investment activities, is seen as a recognition of Chaince Digital’s ongoing transformation and strategic focus on tokenized real-world assets, regulated brokerage, and AI-driven infrastructure. The company recently rebranded from Mercurity Fintech Holding Inc. to Chaince Digital Holdings Inc., reflecting its evolution into an integrated platform for digital-asset capital markets.

The most recent analyst rating on (CD) stock is a Sell with a $8.00 price target. To see the full list of analyst forecasts on Chaince Digital Holdings Inc stock, see the CD Stock Forecast page.

Chaince Digital’s Strategic Insights at TCFA 2025 Conference

On November 14, 2025, Chaince Digital Holdings Inc. announced that its Chief Strategy Officer, Wilfred Daye, participated as a speaker at the 31st Annual Conference of The Chinese Finance Association, held on November 8-9, 2025. Daye discussed the institutional phase of Real-World Asset tokenization and the integration of AI in on-chain finance, emphasizing the potential for increased market transparency and efficiency. This participation underscores Chaince Digital’s commitment to advancing tokenized finance and its strategic positioning in the digital asset industry.

The most recent analyst rating on (CD) stock is a Sell with a $8.00 price target. To see the full list of analyst forecasts on Chaince Digital Holdings Inc stock, see the CD Stock Forecast page.