CNET Stock Fair Value – ZW Data Action Technologies Reports Q2 Loss of -$0.21 Per Share on $9.18M in Revenue
November 21, 2023
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The company reported a GAAP earnings per share of -$0.21 and revenue of $9.18 million. ZW ($NASDAQ:CNET) Data Action Technologies is a leading provider of solutions that enable users to access, share, store, and manage digital content and applications. The company provides a suite of mobile-based services, including an app store, digital entertainment, online shopping, and other cloud services. Their products and services are used by millions of people around the world. The company is headquartered in Beijing and operates in China, Hong Kong, and Taiwan.
They trade on the Nasdaq under the ticker symbol ZWDA. Despite their recent losses, the company remains committed to providing customers with quality services and products. With continued innovation and a strong focus on customer service, ZW Data Action Technologies is well positioned to remain a leader in the online services space.
Earnings
Compared to the same period last year, total revenue increased by 109.7%. Over the past three years, total revenue has grown from $14.55M to $9.82M. The company’s financial performance for the quarter was largely driven by energy and technology sectors, as ZW DATA ACTION TECHNOLOGIES seeks to capitalize on the latest trends in these industries.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CNET. More…
| Total Revenues | Net Income | Net Margin |
| 27.77 | -9.91 | -26.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CNET. More…
| Operations | Investing | Financing |
| -1.91 | -0.43 | 0 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CNET. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 16.25 | 6.46 | 1.36 |
Key Ratios Snapshot
Some of the financial key ratios for CNET are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -17.2% | -53.7% | -26.6% |
| FCF Margin | ROE | ROA |
| -6.9% | -44.6% | -28.4% |
Stock Price
At market close on Monday, the company’s stock opened at $0.9 and closed at $0.9, down 4.8% from the previous closing price. Live Quote…
Analysis – CNET Stock Fair Value
As GoodWhale, we have conducted an analysis of the fundamentals of ZW DATA ACTION TECHNOLOGIES. After careful examination, we have determined that the fair value of ZW DATA ACTION TECHNOLOGIES share is around $2.4, calculated by our proprietary Valuation Line. This suggests that the current trading price of $0.9 for ZW DATA ACTION TECHNOLOGIES is undervalued by 61.8%. This presents an opportunity for investors to purchase the stock at a discount. More…
Peers
The competition between ZW Data Action Technologies Inc and its competitors, Artec Global Media Inc, Icon Culture Global Co Ltd, and Guangdong Advertising Group Co Ltd, is fierce. Each company is striving to gain market share and be the leader in their respective industry. With innovative strategies and cutting-edge technologies, each company is determined to be the best in their field.
– Artec Global Media Inc ($OTCPK:ACTL)
Artec Global Media Inc is a leading media and entertainment company based in Canada. The company offers a wide range of services and products, ranging from television and radio production to online content and technology solutions. With a market cap of 139.84k as of 2023, Artec Global Media Inc has a considerable presence in the industry and is well-positioned to capitalize on the growth potential of the media and entertainment industry. Moreover, the company’s impressive Return on Equity (ROE) of 89.54% shows its ability to generate profits from its operations and make wise investments. All in all, Artec Global Media Inc is well-poised to succeed in the media and entertainment industry.
– Icon Culture Global Co Ltd ($SEHK:08500)
Icon Culture Global Co Ltd is a Chinese-based technology services company, providing solutions in areas such as media and entertainment, digital services and big data. As of 2023, the company has a market cap of 40.5M, indicating that it is still a relatively small player in the industry. The Return on Equity (ROE) for Icon Culture Global Co Ltd is -35.6%, indicating that the firm has not been able to generate a high return on its investments. This could be due to the competitive nature of the industry and the difficulty of competing with larger competitors.
– Guangdong Advertising Group Co Ltd ($SZSE:002400)
Guangdong Advertising Group Co Ltd is a leading provider of advertising, marketing and media services in China. The company has a market capitalization of 9.73 billion as of 2023 and a return on equity of 3.87%, which is considered to be healthy compared to other companies in the industry. The company’s primary services include creative design, marketing communication, media buying and planning, event management, and public relations. The company also provides online and offline advertising services, as well as integrated marketing solutions in the areas of brand building and reputation management. Guangdong Advertising Group Co Ltd has established a strong presence in China, where it has been serving clients since its inception.
Summary
The report shows a GAAP diluted earnings per share (EPS) of -$0.21 and total revenue of $9.18 million. The company’s stock price dropped in response to this report, reflecting a pessimistic reaction from investors. Analyzing the financials, it’s clear that the company’s performance was less than ideal. Going forward, investors should keep an eye on ZW Data Action Technologies’ financial performance. It is important to monitor the company’s revenues and profits to see if they improve over time.
Additionally, it may be beneficial to analyze the company’s competitive position in the industry and its product offerings. Ultimately, investors should consider their own risk appetite and financial goals to determine whether investing in ZW Data Action Technologies is right for them.
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