MEGAIN Holding (Cayman) Co. Ltd. (HK:6939)
:6939
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MEGAIN Holding (Cayman) Co. Ltd.
(6939)
Select Model
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Rating:56Neutral
Price Target:
HK$1.50
▲(102.70% Upside)
Action:ReiteratedDate:01/30/26
The score is driven primarily by mixed financial performance—strong balance sheet strength but deteriorating revenue/profitability and weak cash flow visibility—partly offset by strong bullish technical momentum. Valuation is a headwind due to a negative P/E and no dividend yield data.
Positive Factors
Low leverage / strong equity base
A 90% equity ratio and very low debt-to-equity provide durable financial stability and flexibility. Over 2–6 months this reduces default and refinancing risk, enables opportunistic investment or M&A, and gives management room to support operations during cyclical downturns despite slightly lower ROE.
Negative Factors
Declining revenue
A notable year-over-year revenue decline erodes scale and competitive positioning. Persisting revenue contraction can reduce bargaining power with suppliers and customers, compress margins and free cash flow, and constrain reinvestment capacity over the medium term unless reversed.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong equity base
A 90% equity ratio and very low debt-to-equity provide durable financial stability and flexibility. Over 2–6 months this reduces default and refinancing risk, enables opportunistic investment or M&A, and gives management room to support operations during cyclical downturns despite slightly lower ROE.
Read all positive factors
MEGAIN Holding (Cayman) Co. Ltd. (6939) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$819.62M
Dividend Yield2.94%
Average Volume (3M)485.60K
Price to Earnings (P/E)―
Beta (1Y)0.65
Revenue Growth2.22%
EPS Growth-434.25%
CountryHK
Employees161
SectorTechnology
Sector Strength88
IndustryComputer Hardware
Share Statistics
EPS (TTM)-0.10
Shares Outstanding518,750,000
10 Day Avg. Volume535,800
30 Day Avg. Volume485,600
Financial Highlights & Ratios
PEG Ratio-0.39
Price to Book (P/B)0.60
Price to Sales (P/S)1.48
P/FCF Ratio-25.95
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MEGAIN Holding (Cayman) Co. Ltd. Business Overview & Revenue Model
Company Description
MEGAIN Holding (Cayman) Co., Ltd., an investment holding company, engages in the research, design, development, and sale of compatible cartridge chips and other chips in the People's Republic of China and internationally. It also trades in integra...
How the Company Makes Money
MEGAIN Holding generates revenue through multiple streams, including investments in technology startups, real estate development projects, and financial services. The company earns income from equity stakes in its portfolio companies, management f...
MEGAIN Holding (Cayman) Co. Ltd. Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
68
Positive
Cash Flow
30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 119.30M | 149.65M | 172.39M | 173.37M | 167.87M | 156.78M |
| Gross Profit | 31.90M | 48.25M | 66.98M | 90.63M | 86.70M | 87.07M |
| EBITDA | -9.45M | -3.95M | 33.47M | 60.44M | 44.88M | 40.69M |
| Net Income | -10.03M | 9.66M | 23.21M | 44.89M | 31.26M | 28.75M |
Balance Sheet | ||||||
| Total Assets | 374.52M | 410.19M | 390.21M | 404.27M | 360.16M | 197.24M |
| Cash, Cash Equivalents and Short-Term Investments | 202.46M | 229.19M | 243.83M | 277.13M | 238.35M | 123.47M |
| Total Debt | 23.09M | 10.62M | 1.88M | 3.97M | 9.08M | 1.59M |
| Total Liabilities | 42.86M | 39.40M | 19.99M | 40.48M | 32.98M | 23.37M |
| Stockholders Equity | 331.66M | 370.79M | 370.22M | 363.79M | 327.18M | 173.87M |
Cash Flow | ||||||
| Free Cash Flow | -7.18M | -8.54M | -19.36M | 49.02M | -6.50M | 70.04M |
| Operating Cash Flow | 1.25M | 10.64M | -9.01M | 55.47M | -4.47M | 72.84M |
| Investing Cash Flow | -50.00M | -21.05M | -64.36M | -2.61M | -5.34M | -879.00K |
| Financing Cash Flow | -864.50K | -1.28M | -21.11M | -18.99M | 126.73M | -31.24M |
MEGAIN Holding (Cayman) Co. Ltd. Technical Analysis
Positive
0.74
Price Trends
1.37
Positive
1.03
Positive
0.76
Positive
Market Momentum
0.17
Negative
69.87
Neutral
84.17
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6939, the sentiment is Positive. The current price of 0.74 is below the 20-day moving average (MA) of 1.73, below the 50-day MA of 1.37, and below the 200-day MA of 0.76, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 69.87 is Neutral, neither overbought nor oversold. The STOCH value of 84.17 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6939.
MEGAIN Holding (Cayman) Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | HK$819.62M | -4.23 | -20.60% | 2.94% | 2.22% | -434.25% | |
55 Neutral | HK$1.79B | -3.67 | -11.23% | ― | -11.28% | -122.85% | |
48 Neutral | HK$4.42B | 95.52 | 1.82% | ― | 32.83% | 90.24% | |
42 Neutral | HK$385.21M | -12.55 | -23.45% | ― | 29.21% | -137.50% | |
42 Neutral | HK$66.80M | -0.61 | -61.10% | ― | 2.76% | -141.34% | |
39 Underperform | HK$312.38M | 392.24 | -39.83% | ― | -52.55% | -262.35% |
* Technology Sector Average
HK:6939
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MEGAIN Holding (Cayman) Co. Ltd. Corporate Events
GEEHY to Take Major Stake in MEGAIN Holding and Subscribe New Shares in HK$168 Million Deal
Jan 23, 2026
GEEHY International Limited has agreed to acquire approximately 40.67% of MEGAIN Holding (Cayman) Co. Ltd.’s issued share capital from existing vendors for HK$105.5 million, at HK$0.50 per share, subject to conditions precedent and regulator...
MEGAIN Holding Halts Trading Pending Takeovers Code Announcement
Jan 9, 2026
MEGAIN Holding (Cayman) Co. Ltd. has requested a halt in trading of its shares on the Main Board of the Hong Kong Stock Exchange from 9:00 a.m. on 9 January 2026. The suspension comes as the company prepares to release an announcement under the Ho...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.