CNET - ChinaNet Online Holdings Inc Stock Price, Fair Value and News

0.95USD+0.02 (+2.15%)Delayed as of 25 Apr 2024, 12:16 pm ET

Market Summary

USD0.95+0.02

Delayedas of 25 Apr 2024, 12:16 pm

2.15%

CNET Stock Price

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CNET RSI Chart

CNET Valuation

Market Cap

6.7M

Price/Earnings (Trailing)

-0.81

Price/Sales (Trailing)

0.24

EV/EBITDA

-0.83

Price/Free Cashflow

-18.85

CNET Price/Sales (Trailing)

CNET Profitability

EBT Margin

-28.87%

Return on Equity

-108.54%

Return on Assets

-60.52%

Free Cashflow Yield

-5.3%

CNET Fundamentals

CNET Revenue

Revenue (TTM)

29.7M

Rev. Growth (Yr)

27.23%

Rev. Growth (Qtr)

-6.51%

CNET Earnings

Earnings (TTM)

-8.9M

Earnings Growth (Yr)

46.48%

Earnings Growth (Qtr)

-8.34%

Breaking Down CNET Revenue

52 Week Range

0.99

(Low)(High)

Last 7 days

-9.7%

Last 30 days

3.3%

Last 90 days

9.4%

Trailing 12 Months

-40.4%

How does CNET drawdown profile look like?

CNET Financial Health

Current Ratio

1.84

CNET Investor Care

Shares Dilution (1Y)

0.54%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	24.9M	27.8M	29.7M	0
2022	46.6M	39.0M	34.3M	26.2M
2021	42.4M	46.6M	46.2M	47.3M
2020	53.9M	48.9M	45.7M	38.4M
2019	57.5M	50.4M	48.9M	58.1M
2018	47.6M	59.6M	63.2M	57.1M
2017	37.0M	39.0M	40.6M	46.6M
2016	31.6M	30.5M	33.9M	34.8M
2015	38.5M	37.7M	34.2M	32.3M
2014	28.4M	29.9M	34.5M	38.0M
2013	38.7M	34.5M	31.7M	30.3M
2012	36.6M	40.7M	44.6M	46.6M
2011	38.4M	35.2M	31.9M	28.7M
2010	0	0	0	41.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Which funds bought or sold CNET recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	sold off	-100	-13,136	-	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	sold off	-100	-32.00	-	-%
Feb 12, 2024	JPMORGAN CHASE & CO	reduced	-0.25	-25.00	335	-%
Feb 12, 2024	OSAIC HOLDINGS, INC.	unchanged	-	-3.00	24.00	-%
Feb 09, 2024	UBS Group AG	new	-	1.00	1.00	-%
Feb 07, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Feb 07, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Feb 06, 2024	NATIONAL BANK OF CANADA /FI/	unchanged	-	-1.00	16.00	-%

Are Funds Buying or Selling CNET?

Are funds buying CNET calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CNET

No. of Funds

Unveiling ChinaNet Online Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 25, 2021	intracoastal capital, llc	2.0%	651,500	SC 13G
Feb 16, 2021	ayrton capital llc	2.21%	576,132	SC 13G/A
Dec 21, 2020	intracoastal capital, llc	2.2%	576,132	SC 13G
Dec 21, 2020	ayrton capital llc	5.53%	1,440,330	SC 13G

Recent SEC filings of ChinaNet Online Holdings Inc

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	8-K	Current Report
Mar 29, 2024	NT 10-K	NT 10-K
Jan 29, 2024	EFFECT	EFFECT
Jan 24, 2024	CORRESP	CORRESP
Jan 23, 2024	S-8	Employee Benefits Plan
Jan 22, 2024	UPLOAD	UPLOAD

Peers (Alternatives to ChinaNet Online Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
OMC	18.8B	14.9B	2.83%	3.14%	12.68	1.26	3.89%	8.20%
IPG	11.6B	10.9B	-3.09%	-15.11%	10.74	1.07	-0.15%	19.70%
MID-CAP
ZD	2.4B	1.4B	-15.92%	-28.77%	57.99	1.76	-1.94%	-34.90%
CMPR	2.4B	3.2B	-0.58%	104.53%	56.52	0.74	9.59%	115.73%
SMALL-CAP
CRTO	2.0B	1.9B	5.51%	21.14%	38.1	1.05	-3.35%	457.06%
CDLX	508.1M	309.2M	-43.11%	98.96%	-3.77	1.64	3.57%	71.05%
DLPN	21.6M	43.1M	-18.57%	-37.36%	-0.89	0.5	6.46%	-410.38%
CNET	6.7M	29.7M	3.33%	-40.38%	-0.81	0.24	-13.28%	-56.29%

ChinaNet Online Holdings Inc News

Latest updates

ChinaNet Online Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	-6.5%	9,181,000	9,820,000	6,316,000	4,422,000	7,216,000	6,945,000	7,652,000	12,481,000	11,900,000	14,551,000	8,396,000	11,304,000	12,304,000	10,416,000	4,384,000	18,552,000	15,508,000	15,453,000	8,567,000	9,324,000	17,042,000
Gross Profit	96.4%	-4,000	-111,000	-314,000	-196,000	-51,000	-81,000	134,000	990,000	43,000	-218,000	-717,000	76,000	-641,000	298,000	899,000	3,798,000	892,000	366,000	442,000	456,000	393,000
Operating Expenses	30.8%	1,602,000	1,225,000	998,000	4,828,000	1,780,000	2,632,000	1,685,000	2,912,000	1,617,000	8,061,000	1,098,000	1,077,000	763,000	1,318,000	3,175,000	3,251,000	1,167,000	1,588,000	1,180,000	1,814,500	3,743,000
S&GA Expenses	22.2%	55,000	45,000	48,000	50,000	72,000	78,000	69,000	571,000	58,000	73,000	28,000	68,000	58,000	70,000	165,000	79,000	111,000	181,000	169,000	887,000	239,000
R&D Expenses	-	-	-	18,000	48,000	57,000	56,000	70,000	81,000	88,000	89,000	70,000	95,500	113,000	120,000	214,000	270,000	239,000	159,000	201,000	211,000	264,000
EBITDA Margin	19.1%	-0.24	-0.29	-0.33	-0.29	-0.12	-0.01	-0.06	-0.04	-0.03	-0.09	-0.03	-0.11	-0.07	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	7,500	10,000	12,000	11,000	12,000	6,000
Income Taxes	300.0%	2,000	-1,000	-1,000	-1,000	2,000	-2,000	-2,000	348,000	-131,000	-22,000	-18,000	230,000	-155,000	-10,000	78,000	59,000	-16,000	-33,000	39,000	-41,000	116,000
Earnings Before Taxes	-8.1%	-1,518,000	-1,404,000	-1,144,000	-4,521,000	-2,838,000	-1,716,000	-719,000	-755,000	1,243,000	-3,668,000	669,000	-378,000	-1,488,000	-980,000	-2,232,000	702,000	-407,000	-415,000	-1,101,000	-1,138,000	-2,857,000
EBT Margin	19.1%	-0.29	-0.36	-0.41	-0.37	-0.18	-0.05	-0.08	-0.05	-0.05	-0.10	-0.05	-0.13	-0.09	-	-	-	-	-	-	-	-
Net Income	-8.3%	-1,520,000	-1,403,000	-1,143,000	-4,878,500	-2,840,000	-1,714,000	-	-1,169,000	1,375,000	-3,646,000	687,000	-605,000	-1,333,000	-968,000	-2,310,000	645,000	-388,000	-379,000	-1,140,000	-1,067,500	-2,953,000
Net Income Margin	8.4%	-0.30	-0.33	-0.38	-0.36	-0.17	-0.04	-0.07	-0.06	-0.05	-0.11	-0.05	-0.14	-0.09	-	-	-	-	-	-	-	-
Free Cashflow	-1269.0%	-678,000	58,000	-920,000	1,219,000	-2,265,000	-1,282,000	-918,000	-2,266,000	-1,354,000	-1,625,000	-3,706,000	-269,000	-570,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	-9.0%	14,779	16,246	17,831	19,658	25,000	27,157	30,413	32,631	34,915	36,948	38,627	20,667	17,010	17,074	18,494	18,551	18,960	14,671	18,551	16,968	20,345
Current Assets	-10.1%	9,381	10,434	10,876	12,313	14,384	15,612	18,299	19,918	21,827	24,060	26,540	12,884	10,102	9,664	10,453	11,935	13,770	10,210	10,608	12,500	15,868
Cash Equivalents	-34.5%	1,310	2,000	1,592	4,390	2,154	4,454	4,824	7,173	8,731	11,752	15,785	4,297	500	1,055	1,555	1,603	812	1,404	1,600	3,742	5,919
Net PPE	-13.6%	165	191	225	249	267	307	351	375	190	116	61.00	60.00	74.00	73.00	75.00	78.00	87.00	99.00	112	142	176
Liabilities	1.2%	6,538	6,459	6,949	7,361	8,241	7,667	9,370	10,865	12,048	15,558	20,267	8,188	7,885	6,489	6,943	7,138	10,549	8,349	8,444	9,174	11,586
Current Liabilities	2.5%	5,092	4,967	5,322	5,700	6,561	5,789	7,379	8,821	9,990	13,444	18,181	8,022	7,756	6,365	6,819	7,013	10,425	8,222	7,358	9,046	10,633
Shareholder's Equity	117628.6%	8,241	7.00	7.00	12,297	16,759	2,598	21,043	61,813	22,867	21,390	18,360	12,479	9,125	10,585	11,551	11,413	8,411	6,322	6,631	7,794	8,759
Retained Earnings	-2.7%	-57,782	-56,262	-54,859	-53,525	-49,005	-46,165	-44,451	-43,734	-42,566	-43,941	-40,295	-40,980	-40,384	-39,051	-38,083	-35,773	-36,417	-36,029	-35,650	-34,512	-33,375
Additional Paid-In Capital	0.0%	62,055	62,042	62,017	62,017	61,972	61,956	61,801	61,813	61,761	61,656	54,980	49,772	45,569	45,493	45,485	43,111	40,706	38,301	38,288	38,275	37,917
Shares Outstanding	0%	7,205	7,205	7,175	7,175	7,175	7,097	7,080	7,076	6,456	6,585	5,701	5,213	4,344	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-65.00	-65.00	-64.00	-66.00	-60.00	-58.00	-56.00	-57.00	-55.00	-54.00	-52.00	-49.00	-22.00
Float	-	-	-	-	-	-	9,725	-	-	-	56,031	-	-	-	15,867	-	-	-	14,813	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-1269.0%	-678	58.00	-920	1,220	-2,265	-1,254	-890	-2,238	-1,269	-1,625	-3,706	-269	-570	-353	1,518	-256	-1,730	-55.00	-2,270	-1,696	628
Share Based Compensation	-75.0%	12.00	48.00	35.00	51.00	51.00	28.00	56.00	83.00	88.00	6,757	100	86.00	79.00	68.00	1,919	86.00	104	102	101	18.00	64.00
Cashflow From Investing	-108.9%	-37.00	415	-1,877	1,031	-	979	-1,458	630	-1,736	-2,496	-1,865	-2,199	-	-156	-1,117	-1,362	-760	-	-36.00	-237	15.00
Cashflow From Financing	-	-	-	-	-	-	-	-	-	-	-	17,111	6,244	-2.00	3.00	-430	2,396	-	-	-	-298	484

CNET Income Statement

2023-09-30

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2023

Sep. 30, 2022

Sep. 30, 2023

Sep. 30, 2022

Revenues

$ 9,181

$ 7,216

$ 25,317

$ 21,813

Cost of revenues

9,185

7,267

25,746

21,811

Gross (loss)/ profit

(4)

(51)

(429)

Operating expenses

Sales and marketing expenses

148

219

General and administrative expenses

1,547

1,651

3,659

5,697

Research and development expenses

181

Total operating expenses

1,602

1,780

3,825

6,097

Loss from operations

(1,606)

(1,831)

(4,254)

(6,095)

Other income/(expenses)

Interest income

230

Other expenses, net

(6)

(5)

(20)

(33)

Impairment on long-term investment

(207)

Change in fair value of warrant liabilities

(1,023)

185

759

Total other income/(expenses)

(1,007)

188

822

Loss before income tax benefit/(expense) and noncontrolling interests

(1,518)

(2,838)

(4,066)

(5,273)

Income tax benefit/(expenses)

(2)

Net income (loss)

(1,520)

(2,840)

(4,066)

(5,271)

Net income (loss)

(1,520)

(2,840)

(4,066)

(5,271)

Foreign currency translation adjustment

(39)

163

Comprehensive loss

$ (1,559)

$ (2,747)

$ (3,903)

$ (5,195)

Loss per common share

Basic and diluted** (in dollars per share)

^[1]

$ (0.21)

$ (0.4)

$ (0.57)

$ (0.74)

Weighted average number of common shares outstanding:

Basic and diluted** (in shares)

^[1]

7,204,506

7,174,506

7,191,649

7,123,411

[1]	Retrospectively restated for effect of the 1-for-5 reverse stock split effective on January 18, 2023, see Note 4(g).

CNET Balance Sheet

2023-09-30

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands

Sep. 30, 2023

Dec. 31, 2022

Current assets

Cash and cash equivalents

$ 1,314

$ 4,391

Accounts receivable, net of allowance for credit loss of $3,943 and $3,760, respectively

771

1,745

Prepayment and deposit to suppliers

4,874

4,567

Other current assets, net

2,422

1,610

Total current assets

9,381

12,313

Long-term investments

1,000

1,596

Operating lease right-of-use assets

1,406

1,761

Property and equipment, net

165

249

Intangible assets, net

2,364

3,264

Long-term deposits and prepayments

Deferred tax assets, net

394

406

Total Assets

14,779

19,658

Current liabilities:

Accounts payable *

^[1]

196

205

Advance from customers *

^[1]

1,133

739

Accrued payroll and other accruals

^[1]

132

438

Taxes payable

^[1]

3,155

3,248

Operating lease liabilities

^[1]

216

347

Lease payment liability related to short-term leases *

^[1]

101

Other current liabilities

^[1]

162

437

Warrant liabilities

185

Total current liabilities

5,092

5,700

Long-term liabilities:

Operating lease liabilities-Non current

^[1]

1,324

1,535

Total Liabilities

6,538

7,361

Commitments and contingencies

Equity:

Common stock (US$0.001 par value; authorized 20,000,000 shares; issued and outstanding 7,204,506 shares and 7,174,506 shares at September 30, 2023 and December 31, 2022, respectively)

^[2]

Additional paid-in capital

62,055

62,017

^[2]

Statutory reserves

2,598

Accumulated deficit

(57,782)

(53,525)

Accumulated other comprehensive income

1,363

1,200

Total shareholders’ equity

8,241

12,297

Total Liabilities and Equity

14,779

19,658

Related Party [Member]

Long-term liabilities:

Long-term borrowing from a related party

$ 122

$ 126

[1]	Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company’s general assets (Note 2).
[2]	Retrospectively restated for effect of the 1-for-5 reverse stock split effective on January 18, 2023, see Note 4(g).

About ChinaNet Online Holdings Inc

ZW Data Action Technologies Inc., through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis management systems in the People's Republic of China. It offers Internet advertising, precision marketing, and related data services to small and medium enterprises through its Internet portals, including 28.com and liansuo.com that provide advertisers with tools to build sales channels in the form of franchisees, sales agents, distributors, and/or resellers. The company also develops and operates blockchain technology-based products and services, as well as blockchain-based SaaS services to provide one-stop blockchain-powered enterprise management solutions in forms of NFT generations, data record, share and storage modules subscriptions, etc. In addition, it provides other e-commerce online to offline advertising and marketing, and related value-added technical services. The company was formerly known as ChinaNet Online Holdings, Inc. and changed its name to ZW Data Action Technologies Inc. in October 2020. ZW Data Action Technologies Inc. was founded in 2003 and is based in Beijing, the People's Republic of China.

CEO	Mr. Handong Cheng
WEBSITE	zdat.com
INDUSTRY	Advertising Agencies
EMPLOYEES	64

ChinaNet Online Holdings Inc Frequently Asked Questions

What is the ticker symbol for ChinaNet Online Holdings Inc? What does CNET stand for in stocks?

CNET is the stock ticker symbol of ChinaNet Online Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ChinaNet Online Holdings Inc (CNET)?

As of Wed Apr 24 2024, market cap of ChinaNet Online Holdings Inc is 6.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CNET stock?

You can check CNET's fair value in chart for subscribers.

What is the fair value of CNET stock?

You can check CNET's fair value in chart for subscribers. The fair value of ChinaNet Online Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ChinaNet Online Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CNET so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ChinaNet Online Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether CNET is over valued or under valued. Whether ChinaNet Online Holdings Inc is cheap or expensive depends on the assumptions which impact ChinaNet Online Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CNET.

What is ChinaNet Online Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, CNET's PE ratio (Price to Earnings) is -0.81 and Price to Sales (PS) ratio is 0.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CNET PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on ChinaNet Online Holdings Inc's stock?

In the past 10 years, ChinaNet Online Holdings Inc has provided -0.234 (multiply by 100 for percentage) rate of return.