3 E Network Technology Group Ltd. Class A (MASK) AI Stock Analysis

• Market Cap: $4.17M
• Dividend Yield: N/A
• Average Volume (3M): 3.50M
• Price to Earnings (P/E): 2.8
• Beta (1Y): -0.22
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 22
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.17
• Shares Outstanding: 11,200,000
• 10 Day Avg. Volume: 4,825,119
• 30 Day Avg. Volume: 3,500,306
• PEG Ratio: 0.00
• Price to Book (P/B): 4.82
• Price to Sales (P/S): 5.33
• P/FCF Ratio: 1.86K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 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: 54 Neutral
• Price Target: $0.26 ▲(2.80% Upside)

The score is held back mainly by weakening fundamentals—especially the sharp drop in revenue and the collapse in operating/free cash flow versus reported earnings—alongside a bearish technical trend (below key moving averages with negative MACD). These risks are partially offset by a very low P/E that suggests meaningful valuation support if profitability proves durable.

Positive Factors

Conservative leverage

Low debt-to-equity (~0.15–0.20) and a sizable equity base provide durable financial flexibility, lowering interest burden and default risk. This conservative capital structure helps the company weather cyclical IT services demand, supports strategic investments, and reduces refinancing pressure over the medium term.

High reported margins

Sustainably high reported gross and operating margins indicate a scalable, high-value service mix or efficient cost structure. If maintained, these margins support strong cash generation potential, reinvestment in growth, and resilience to pricing or competitive pressure, improving long-run profitability prospects.

Recent secured financing adds liquidity

The up-to-$2M senior secured convertible note financing and associated guarantees/registration rights materially improve near-term liquidity and extend runway. While convertible, the senior and secured nature plus registration rights reduce immediate solvency risk and allow management time to stabilize operations and execute strategy.

Negative Factors

Sharp revenue decline

A 31.7% revenue collapse marks a structural weakening in demand or loss of contracts, shrinking the base for fixed-cost absorption and economies of scale. Persisting revenue contraction impairs growth prospects, reduces ability to invest in product and sales, and can erode long-term market position and customer relationships.

Cash conversion collapsed

Earnings not converting to cash is a durable quality-of-earnings concern. Breakeven OCF and FCF mean limited internal funding for capex, working capital, or debt service. This weak cash conversion forces reliance on external financing, elevating liquidity and execution risk over the medium term.

Share overhang and dilution risk

A registration to sell 114.5M Class A shares and ongoing convertible offerings create persistent shareholder dilution and an overhang that can constrain equity incentives and per-share economics. Continued issuance or conversion risk can hinder long-term shareholder returns and complicate capital allocation decisions.

3 E Network Technology Group Ltd. Class A Business Overview & Revenue Model

Company Description

3 E Network Technology Group Ltd. operates as a holding company, which engages in the provision of business-to-business information technology business solutions. It offers business solutions to a variety of industries and sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities. The company was founded on October 6, 2021 and is headquartered in Guangzhou, China.

How the Company Makes Money

3 E Network Technology Group Ltd. Class A Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.40M	4.84M	4.56M	1.67M	1.30M
Gross Profit	3.21M	2.41M	2.30M	1.27M	872.75K
EBITDA	2.56M	1.93M	1.82M	1.02M	515.96K
Net Income	2.18M	764.92K	1.55M	996.16K	439.40K
Balance Sheet
Total Assets	9.36M	9.36M	3.86M	2.01M	1.79M
Cash, Cash Equivalents and Short-Term Investments	2.70M	2.70M	51.81K	19.40K	46.77K
Total Debt	1.08M	1.08M	402.20K	551.87K	404.98K
Total Liabilities	4.00M	4.00M	1.12M	812.87K	1.50M
Stockholders Equity	5.35M	5.35M	2.74M	1.20M	298.31K
Cash Flow
Free Cash Flow	194.72K	13.83K	929.20K	889.81K	938.18K
Operating Cash Flow	208.56K	13.83K	929.20K	901.29K	973.59K
Investing Cash Flow	-2.95M	-2.95M	0.00	-11.48K	-35.41K
Financing Cash Flow	2.99M	3.17M	-888.93K	-871.49K	-910.92K

3 E Network Technology Group Ltd. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
USIO	67 Neutral	$37.68M	-91.33	-2.06%	―	3.24%	-115.15%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CSPI	57 Neutral	$115.49M	-806.85	-0.27%	0.95%	6.36%	73.88%
MASK	54 Neutral	$4.17M	2.80	67.62%	―	―	―
GLE	54 Neutral	$6.93M	-9.14	-15.17%	―	-53.14%	-325.97%
CYCU	52 Neutral	$10.41M	-0.17	-184.82%	―	―	-81.60%
CLPS	43 Neutral	$27.91M	-3.70	-11.94%	―	15.17%	-172.09%

3 E Network Technology Group Ltd. Class A Corporate Events

3 E Network Technology Group Completes Second Tranche of US$2 Million Convertible Note Financing

On January 9, 2026, 3 E Network Technology Group Limited announced that it had completed the subsequent closing of its previously disclosed US$2 million original-issue-discount convertible promissory note offering with an institutional investor. Following an initial closing on December 18, 2025, in which it issued a US$1.5 million convertible note for gross proceeds of US$1.38 million, the company finalized a second tranche—completed on January 9, 2025—by issuing a US$500,000 convertible promissory note, convertible into its Class A ordinary shares, for gross proceeds of US$460,000 after a resale registration statement covering the underlying shares became effective; Boustead Securities, LLC acted as placement agent, and the financing strengthens the company’s capital position as it pursues its AI infrastructure and IT solutions growth strategy.

The most recent analyst rating on (MASK) stock is a Hold with a $0.26 price target. To see the full list of analyst forecasts on 3 E Network Technology Group Ltd. Class A stock, see the MASK Stock Forecast page.

3 E Network Technology Group Sells 40% Stake in Guangzhou Sanyi to HongKong Techfaith

On December 25, 2025, 3 E Network Technology Group Ltd.’s Hong Kong subsidiary, 3e Network Technology Company Limited, entered into an equity transfer agreement to sell its 40% equity stake in Guangzhou 3e Network Technology Company Limited (Guangzhou Sanyi) to HongKong Techfaith Limited for approximately RMB 5.3 million in cash. The deal, disclosed in a Form 6-K filed on December 30, 2025, will result in Techfaith owning 100% of Guangzhou Sanyi, which provides software development and exhibition and conference services, marking a full exit by 3 E Network Technology Group from this particular mainland China unit and potentially narrowing its direct operational exposure to that segment while giving it additional liquidity and allowing Techfaith to fully consolidate the business.

3 E Network Technology Group Raises Up to $2 Million Through Senior Secured Convertible Note Financing

On December 18, 2025, 3 E Network Technology Group Limited entered into a securities purchase agreement with an institutional investor to issue an 8% original issue discount senior secured convertible promissory note with a principal amount of up to $2 million, convertible into the company’s Class A ordinary shares. The initial closing the same day delivered gross proceeds of $1.38 million for a $1.5 million principal amount, with a second closing of $500,000 in principal for $460,000 in proceeds contingent on the effectiveness of a resale registration statement for the underlying shares. The company also signed a registration rights agreement committing to file a resale registration statement with the SEC within 15 business days of the closing and executed a guarantee agreement with its subsidiaries to secure all obligations under the financing, while Boustead Securities, LLC acted as placement agent. The transaction strengthens the company’s liquidity through convertible debt that ranks senior to most other indebtedness, while potentially diluting existing shareholders upon conversion; investors and counterparties gain added protection through the guarantee structure and registration rights aimed at facilitating future resale of the converted shares.

3 E Network Technology Group Announces Board Changes with New Appointment

3 E Network Technology Group Ltd. announced changes in its board of directors, with the resignation of Ms. Na Mi as an independent director and chair of the nominating and corporate governance committee on November 17, 2025. Subsequently, Ms. Fenfen Qi was appointed to fill these roles effective November 19, 2025. Ms. Qi brings extensive experience in art design and management, having served as the chief operating officer of BigBeaver Tech Limited since August 2024. These changes in leadership may influence the company’s strategic direction and governance practices, potentially impacting its market positioning and stakeholder relations.

3 E Network Technology Group Ltd. Closes $1.5 Million Convertible Note Offering

On October 17, 2025, 3 E Network Technology Group Limited announced the closing of a convertible promissory note offering worth $1.5 million, convertible into Class A ordinary shares. This transaction, made with an institutional investor, includes a Registration Rights Agreement to ensure the resale of shares upon conversion. The move is expected to impact the company’s financial operations by providing additional capital, potentially enhancing its market position and offering stakeholders new investment opportunities.

3 E Network Technology Group Implements 2025 Share Incentive Plan

On October 7, 2025, the Board of Directors of 3 E Network Technology Group Limited approved and implemented the 2025 Share Incentive Plan. This plan is designed to align the interests of the company’s directors, employees, and consultants with those of its shareholders, aiming to incentivize outstanding performance and enhance shareholder returns. The plan is expected to help the company attract, motivate, and retain key talent, thereby potentially strengthening its market position and operational effectiveness.

3 E Network Technology Group Amends Convertible Notes Offering

On October 15, 2025, 3 E Network Technology Group Limited announced amendments to its $7.4 million convertible notes offering, initially disclosed on June 9, 2025. The company and its institutional investor agreed to amend the First Tranche Note and associated Warrant to ensure conversion and exercise prices do not fall below a floor price of $0.63. Additionally, references to the second and third tranches in the original agreement were nullified. These changes are intended to stabilize the company’s financial strategy and provide clarity to investors, potentially impacting the company’s market positioning and stakeholder interests.