Mercurity Fintech Holding (MFH) AI Stock Analysis

• Market Cap: $280.10M
• Dividend Yield: N/A
• Average Volume (3M): 66.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.43
• Revenue Growth: 119.44%
• EPS Growth: -275.25%
• Country: US
• Employees: 9
• Sector: Financial
• Sector Strength: 81
• Industry: Financial - Capital Markets
• EPS (TTM): -0.23
• Shares Outstanding: 63,659,897
• 10 Day Avg. Volume: 50,290
• 30 Day Avg. Volume: 66,431
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 819.70
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• 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

Mercurity Fintech Holding's overall score is primarily affected by its substantial financial challenges and negative profitability. While technical indicators show some positive market sentiment, the valuation remains a concern due to negative earnings and the absence of a dividend. The lack of detailed earnings call insights limits further analysis.

Mercurity Fintech Holding Business Overview & Revenue Model

Company Description

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. It provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders, blockchain-based virtual communities, and liquidity providers.; an asset digitalization platform, which provides blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals. The company also offers a decentralized finance platform that solves retail traders' problems; cross-border payments services; and supplemental services for its platforms, such as customized software development, maintenance, and compliance support services. In addition, it provides blockchain technology services, which includes designing and developing digital asset transaction platforms, digital asset quantitative investment software, and other innovative and derivative services based on blockchain technologies; and cryptocurrency mining services that provides computing power to the mining pool. The company was formerly known as JMU Limited and changed its name to Mercurity Fintech Holding Inc. in April 2020. Mercurity Fintech Holding Inc. was incorporated in 2011 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

Mercurity Fintech Holding generates revenue through several key streams. The primary source is its cryptocurrency trading services, where it earns commissions and transaction fees from users trading digital assets on its platform. Additionally, the company offers blockchain consulting services to businesses looking to integrate blockchain technology into their operations, charging fees for its expertise and solutions. Another revenue stream comes from digital asset management services, where MFH earns management fees from clients who entrust their digital assets to the company's care. Strategic partnerships with other fintech companies and financial institutions also contribute to its earnings by expanding its service offerings and market reach.

Mercurity Fintech Holding Financial Statement Overview

Summary

Mercurity Fintech Holding is facing substantial financial challenges, with negative profitability metrics, declining revenues, and operational inefficiencies. Despite a strong equity position, the company struggles with cash flow generation and relies on external financing, indicating a need for strategic changes.

Income Statement

Mercurity Fintech Holding has experienced declining revenue over the years, with a negative revenue growth rate in recent periods. Gross profit margin and net profit margin are also negative, indicating the company is not covering its costs and is operating at a loss. The EBIT and EBITDA margins are significantly negative, suggesting operational inefficiencies and challenges in generating earnings.

Balance Sheet

The balance sheet shows a high level of stockholders' equity relative to total assets, with an equity ratio indicating financial resilience. However, the increased total debt affects the debt-to-equity ratio negatively. The return on equity is negative due to consistent net losses, indicating inefficiencies in generating returns for shareholders.

Cash Flow

The company displays negative free cash flow, indicating challenges in generating cash after capital expenditures. The operating cash flow is consistently negative, suggesting inefficiencies in core business operations. Financing cash flow is positive due to external funding, which may not be sustainable long-term.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
716.86K	445.93K	863.44K	670.17K	1.48M	1.74M
	Gross Profit
-807.65K	-978.38K	-517.16K	-32.51K	1.33M	1.48M
	EBIT
-10.21M	-8.50M	467.32K	-12.51M	-1.63M	455.83K
	EBITDA
-6.86M	-7.90M	-5.85M	-13.31M	166.58K	455.83K
	Net Income Common Stockholders
-10.61M	-9.36M	-5.63M	-18.62M	-807.75K	-1.23M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
419.31K	18.44M	7.45M	440.64K	174.78K	435.21K
	Total Assets
23.38M	30.40M	18.89M	9.94M	10.96M	8.87M
	Total Debt
1.65M	9.63M	904.13K	0.00	0.00	7.27B
	Net Debt
1.23M	-6.48M	-6.54M	-440.64K	-174.78K	7.27B
	Total Liabilities
180.26M	12.56M	2.06M	1.37M	708.50K	836.55K
	Stockholders Equity
-156.89M	17.83M	16.83M	8.57M	10.25M	8.03M
Cash Flow		Free Cash Flow
-2.47M	-5.79M	-589.64K	-4.01M	-613.54K	-644.62K
	Operating Cash Flow
-2.47M	-2.79M	-582.42K	-4.01M	-595.68K	-644.62K
	Investing Cash Flow
-558.19K	-7.84M	-32.22K	2.59M	-10.15K	588.34K
	Financing Cash Flow
3.57M	19.30M	7.72M	1.68M	300.00K	0.00

Mercurity Fintech Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.56
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MFH, the sentiment is Negative. The current price of 4.56 is below the 20-day moving average (MA) of 5.50, below the 50-day MA of 6.15, and above the 200-day MA of 3.85, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 47.35 is Neutral, neither overbought nor oversold. The STOCH value of 21.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MFH.

Mercurity Fintech Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$12.88B	9.21	9.18%	4.78%	16.30%	-8.66%
RIOT	63 Neutral	$2.50B	20.64	4.35%	―	34.20%	―
BTBT	61 Neutral	$367.61M	8.31	9.19%	―	140.56%	―
MARA	55 Neutral	$3.91B	8.21	18.84%	―	69.38%	30.30%
SOS	50 Neutral	$6.06M	―	-0.89%	―	-35.46%	60.83%
MFH	46 Neutral	$280.10M	―	-62.80%	―	119.44%	-275.25%
CAN	44 Neutral	$224.25M	―	-81.29%	―	5.59%	32.06%