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Mercurity Fintech Holding Inc.(MFH)Earnings, Financials & Key Ratios
MFH•NASDAQ•Banking & Credit
$5.09
$352M mkt cap·Price updated Apr 24, 2026
AboutMercurity 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.Show more
- Net Interest Income$204K+131.6%
- Total Revenue$1M+125.9%
- Net Income-$5M+51.5%
- Return on Equity-21.63%+59.9%
- Net Interest Margin0.57%+126.9%
- Efficiency Ratio421%-75.0%
- ROA-13.72%+63.9%
- Equity / Assets67.49%+15.0%
- Book Value per Share0.40+1.8%
- Tangible BV/Share0.34-7.9%
- Debt/Equity0.32-40.2%
MFH Key Insights
Mercurity Fintech Holding Inc. (MFH) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Well capitalized: 67.5% equity/assets
- ✓Diversified revenue: 41.8% from non-interest income
✗Weaknesses
- ✗Weak NIM of 0.6%
- ✗High cost structure: 421.0% efficiency ratio
- ✗Weak momentum: RS Rating 8 (bottom 8%)
- ✗Shares diluted 32.7% in last year
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 12.9x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MFH Price & Volume
Mercurity Fintech Holding Inc. (MFH) stock price & volume — 10-year historical chart
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MFH Growth Metrics
Mercurity Fintech Holding Inc. (MFH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-28.8%
5 Years-10.33%
3 Years14.55%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM28.7%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM67.96%
Return on Capital
10 Years-68.08%
5 Years-50.89%
3 Years-38.29%
Last Year-21.87%
MFH Recent Earnings
Mercurity Fintech Holding Inc. (MFH) EPS & revenue vs analyst estimates — last 4 quarters
Q4 2023Latest
Dec 31, 2023EPS
$0.07
Revenue
$99,843
Q4 2023
Sep 30, 2023EPS
$0.07
Revenue
$99,843
Q3 2023
Jun 30, 2023EPS
$0.03
Revenue
$123,121
Q2 2023
Mar 31, 2023EPS
$0.03
Revenue
$123,121
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2023Latest | Dec 31, 2023 | $0.07 | $99,843 |
| Q4 2023 | Sep 30, 2023 | $0.07 | $99,843 |
| Q3 2023 | Jun 30, 2023 | $0.03 | $123,121 |
| Q2 2023 | Mar 31, 2023 | $0.03 | $123,121 |
Based on last 12 quarters of dataView full earnings history →
MFH Peer Comparison
Mercurity Fintech Holding Inc. (MFH) competitors in Digital Asset Trading and Infrastructure — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 FTFT | 7.02M | 1.39 | -0.60 | 77.47% | -120.63% | -16.38% | 0.04 | |
 RCON | 17.7M | 0.89 | -1.29 | -3.73% | -64.25% | -9.15% | 0.08 | |
 CLPS | 25.89M | 0.93 | -3.56 | 15.17% | -1.27% | -6.06% | 0.59 | |
 AIXI | 7.9M | 0.75 | -0.47 | 18.84% | -45.89% | |||
 TIGR | 676.45M | 6.93 | 19.25 | 43.68% | 17.64% | 0.27 | ||
 FUTU | 59.73B | 168.00 | 33.86 | 35.79% | 26.38% | 0.31 | ||
 QFIN | 3.9B | 13.75 | 2.24 | 5.38% | 28.76% | 0.07 | ||
 FINV | 2.96B | 5.22 | 3.93 | 3.69% | 17.43% | 0.00 |
Compare MFH vs Peers
Mercurity Fintech Holding Inc. (MFH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MFH Income Statement
Mercurity Fintech Holding Inc. (MFH) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 26.15K | 0 | 0 | 279 | 7.98K | 1.08K | 5.12K | -646.05K | 204.07K |
| NII Growth % | 253.72% | -100% | - | - | 2761.29% | -86.43% | 372.58% | -12723.19% | 131.59% |
| Net Interest Margin % | 0.01% | 0% | 0% | 0% | 0.07% | 0.01% | 0.03% | -2.13% | 0.57% |
| Interest Income | 26.15K | 0 | 0 | 279 | 7.98K | 1.08K | 5.12K | 0 | 586.67K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 646.05K | 382.6K |
| Loan Loss Provision | 72.86M | 88.19M | 35.58M | 257.02K | 154.27K | 702.68K | 1.38M | 778.26K | 1M |
| Non-Interest Income | 73.17M | 88.74M | 36.46M | 1.74M | 1.39M | 669.09K | 858.32K | 445.93K | 420.76K |
| Non-Interest Income % | 99.96% | 100% | 100% | 99.98% | 99.43% | 99.84% | 99.41% | 100% | 41.77% |
| Total Revenue | 73.2M▲ 0% | 88.74M▲ 21.2% | 36.46M▼ 58.9% | 1.74M▼ 95.2% | 1.4M▼ 19.3% | 670.17K▼ 52.2% | 863.44K▲ 28.8% | 445.93K▼ 48.4% | 1.01M▲ 125.9% |
| Revenue Growth % | 537.78% | 21.22% | -58.92% | -95.23% | -19.32% | -52.21% | 28.84% | -48.35% | 125.92% |
| Non-Interest Expense | 27.94M | 21.9M | 10.1M | 1.03M | 1.99M | 13.27M | 5.37M | 7.52M | 4.24M |
| Efficiency Ratio | 38.16% | 24.68% | 27.69% | 58.98% | 142.05% | 1980.66% | 621.73% | 1686.6% | 421% |
| Operating Income | -27.59M▲ 0% | -168.37M▼ 510.2% | -124.4M▲ 26.1% | 455.83K▲ 100.4% | 166.58K▼ 63.5% | -13.31M▼ 8088.1% | -5.89M▲ 55.8% | -8.5M▼ 44.4% | -4.62M▲ 45.7% |
| Operating Margin % | -37.69% | -189.74% | -341.24% | 26.23% | 11.88% | -1985.51% | -681.62% | -1906% | -458.28% |
| Operating Income Growth % | 73.96% | -510.22% | 26.12% | 100.37% | -63.46% | -8088.14% | 55.77% | -44.42% | 45.68% |
| Pretax Income | -27.53M▲ 0% | -168.76M▼ 513.1% | -125.34M▲ 25.7% | 482.97K▲ 100.4% | -693.32K▼ 243.6% | -13.31M▼ 1819.1% | -5.88M▲ 55.8% | -9.45M▼ 60.6% | -4.2M▲ 55.6% |
| Pretax Margin % | -37.6% | -190.18% | -343.81% | 27.79% | -49.44% | -1985.37% | -681.42% | -2118.72% | -416.65% |
| Income Tax | -2.23M | -6.86M | -2.1M | 1.71M | 0 | 0 | -248.71K | -90.78K | 336.99K |
| Effective Tax Rate % | 8.12% | 4.06% | 1.67% | 353.64% | 0% | 0% | 4.23% | 0.96% | -8.03% |
| Net Income | -25.29M▲ 0% | -161.9M▼ 540.1% | -123.24M▲ 23.9% | -1.23M▲ 99.0% | -1.65M▼ 34.8% | -21.67M▼ 1212.1% | -5.63M▲ 74.0% | -9.36M▼ 66.1% | -4.53M▲ 51.5% |
| Net Margin % | -34.55% | -182.45% | -338.06% | -70.48% | -117.75% | -3232.86% | -652.62% | -2098.36% | -450.1% |
| Net Income Growth % | 72.97% | -540.09% | 23.88% | 99.01% | -34.8% | -1212.06% | 73.99% | -66.06% | 51.54% |
| Net Income (Continuing) | -25.29M | -161.9M | -1.81M | 0 | -693.32K | -13.31M | -5.63M | -9.36M | -4.53M |
| EPS (Diluted) | -0.02▲ 0% | -0.11▼ 539.5% | -0.08▲ 24.1% | -0.00▲ 98.1% | -0.10▼ 6150.0% | -2.48▼ 2380.0% | -0.43▲ 82.7% | -0.20▲ 53.5% | -0.07▲ 62.7% |
| EPS Growth % | 81.58% | -539.53% | 24.09% | 98.08% | - | -2380% | 82.66% | 53.49% | 62.75% |
| EPS (Basic) | -0.02 | -0.11 | -0.08 | -0.00 | -0.10 | -2.48 | -0.43 | -0.20 | -0.07 |
| Diluted Shares Outstanding | 4.09M | 4.1M | 4.1M | 2.15M | 5.99M | 8.75M | 12.99M | 45.84M | 60.85M |
MFH Balance Sheet
Mercurity Fintech Holding Inc. (MFH) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 2.6M | 4.91M | 356.67K | 435.21K | 174.78K | 440.64K | 7.45M | 18.44M | 24.87M |
| Cash & Due from Banks | 2.6M | 4.91M | 356.67K | 435.21K | 174.78K | 440.64K | 7.45M | 16.12M | 23.92M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.32M | 957.73K |
| Total Investments | 720K | 768.49K | 0 | 0 | 0 | 0 | 0 | 2.48M | 957.73K |
| Investments Growth % | - | 6.73% | -100% | - | - | - | - | - | -61.37% |
| Long-Term Investments | 720K | 768.49K | 0 | 0 | 0 | 0 | 0 | 160K | 0 |
| Accounts Receivables | 1.65M | 0 | 2.55M | 1.65M | 1.53M | 1.5K | 0 | 0 | 0 |
| Goodwill & Intangibles | 257.61M | 119.2M | 0 | 6.74M | 8.49M | 8.2M | 4.23M | 705.31K | 3.14M |
| Goodwill | 221.34M | 108.94M | 0 | 5.53M | 8.11M | 0 | 0 | 0 | 0 |
| Intangible Assets | 36.27M | 10.26M | 0 | 1.21M | 383.29K | 8.2M | 4.23M | 705.31K | 3.14M |
| PP&E (Net) | 1.98M | 1.8M | 406.02K | 406.02M | 0 | 0 | 6.84M | 5.31M | 2.5M |
| Other Assets | 152K | 161.72K | 0 | -406.02M | 0 | 0 | 57.3K | 177.3K | 0 |
| Total Current Assets | 13.43M | 14.06M | 4.62M | 2.13M | 2.47M | 1.74M | 7.52M | 23.7M | 30.02M |
| Total Non-Current Assets | 260.62M | 122.09M | 406.02K | 6.74M | 8.49M | 8.2M | 11.38M | 6.7M | 5.67M |
| Total Assets | 274.05M▲ 0% | 136.14M▼ 50.3% | 5.02M▼ 96.3% | 8.87M▲ 76.6% | 10.96M▲ 23.6% | 9.94M▼ 9.3% | 18.89M▲ 90.1% | 30.4M▲ 60.9% | 35.69M▲ 17.4% |
| Asset Growth % | -20.05% | -50.32% | -96.31% | 76.55% | 23.56% | -9.32% | 90.09% | 60.88% | 17.42% |
| Return on Assets (ROA) | -8.2% | -78.94% | -174.6% | -17.63% | -16.65% | -207.32% | -39.09% | -37.97% | -13.72% |
| Accounts Payable | 2.2M | 3.98M | 2.55M | 0 | 16K | 0 | 22.07K | 24.51K | 18.84K |
| Total Debt | 0 | 7.68M | 7.27M | 7.27B | 0 | 1.12M | 904.13K | 9.63M | 7.78M |
| Net Debt | -2.6M | 2.77M | 6.92M | 7.27B | -174.78K | -440.64K | -6.54M | -6.48M | -16.13M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 7.68M | 0 | 7.27B | 0 | 1.12M | 269.68K | 9M | 7.5M |
| Other Liabilities | 1.35M | 9.79M | 6.92M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 15.23M | 22.81M | 20.29M | 836.55K | 708.5K | 1.37M | 1.43M | 12.28M | 11.58M |
| Total Non-Current Liabilities | 10.42M | 9.79M | 6.92M | 18.59B | 0 | 0 | 634.46K | 282.28K | 25.2K |
| Total Liabilities | 25.65M | 32.59M | 27.21M | 836.55K | 708.5K | 1.37M | 2.06M | 12.56M | 11.6M |
| Total Equity | 248.4M▲ 0% | 103.55M▼ 58.3% | -22.19M▼ 121.4% | 8.03M▲ 136.2% | 10.25M▲ 27.6% | 8.57M▼ 16.4% | 16.83M▲ 96.4% | 17.83M▲ 6.0% | 24.09M▲ 35.1% |
| Equity Growth % | -18.47% | -58.31% | -121.43% | 136.21% | 27.6% | -16.44% | 96.43% | 5.97% | 35.08% |
| Equity / Assets (Capital Ratio) | 90.64% | 76.06% | -441.54% | 90.57% | 93.54% | 86.2% | 89.07% | 58.67% | 67.49% |
| Return on Equity (ROE) | -9.15% | -92% | -302.94% | -15.25% | -18.06% | -230.24% | -44.38% | -53.99% | -21.63% |
| Book Value per Share | 60.66 | 25.25 | -5.41 | 3.73 | 1.71 | 0.98 | 1.30 | 0.39 | 0.40 |
| Tangible BV per Share | -2.25 | -3.82 | -5.41 | 0.60 | 0.29 | 0.04 | 0.97 | 0.37 | 0.34 |
| Common Stock | 15K | 14.77K | 14.77K | 21.1K | 29.8K | 49.4K | 140.72K | 243.3K | 249.22K |
| Additional Paid-in Capital | 632.99M | 634.07M | 634.02M | 645.33M | 649.15M | 668.18M | 682.85M | 693.09M | 703.1M |
| Retained Earnings | -352M | -513.9M | -637.14M | -638.37M | -640.02M | -660.77M | -667.32M | -676.68M | -680.45M |
| Accumulated OCI | -32.61M | -16.63M | -19.07M | 1.05M | 1.1M | 1.1M | 1.16M | 1.17M | 1.19M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 486 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MFH Cash Flow Statement
Mercurity Fintech Holding Inc. (MFH) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -5.83M | -9.87M | -4.33M | -644.62K | -595.68K | -4.01M | -582.42K | -2.79M | -3.57M |
| Operating CF Growth % | 82.62% | -69.47% | 56.13% | 85.12% | 7.59% | -572.42% | 85.46% | -378.93% | -28.13% |
| Net Income | -25.29M | -161.9M | -123.24M | 482.97K | -1.65M | -12.39M | -5.63M | -9.36M | -4.53M |
| Depreciation & Amortization | 8.9M | 8.63M | 1.51M | 0 | 0 | 0 | 28.95K | 898.97K | 675.72K |
| Deferred Taxes | -2.23M | -6.86M | -2.1M | 0 | 0 | 0 | -251K | 0 | 0 |
| Other Non-Cash Items | 1.38M | 147.6M | 116.43M | 272.84K | 835.34K | 1.62M | 4.43M | 5.57M | 2.13M |
| Working Capital Changes | 10.32M | 1.58M | 3.13M | -1.4M | -65.88K | -1.59M | 291.13K | 23.53K | -1.85M |
| Cash from Investing | -2.58M | -741.08K | -13.06K | 588.34K | -10.15K | 2.59M | -32.22K | -7.84M | 3.79M |
| Purchase of Investments | -720.15K | 0 | 0 | 0 | 0 | 0 | 0 | -8.2M | -364.53K |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K |
| Net Investment Activity | -720.15K | 0 | 0 | 0 | 0 | 0 | 0 | -7.2M | 635.47K |
| Acquisitions | 0 | 0 | 0 | 588.34K | 144 | 0 | 0 | -120K | 2M |
| Other Investing | -720.15K | -741.08K | -13.06K | 0 | 7.57K | 2.59M | -25K | 0 | 221.15K |
| Cash from Financing | 0 | 12.64M | 1.69M | 0 | 300K | 1.68M | 7.72M | 19.3M | 7.58M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 300K | 713.08K | 7.9M | 11M | 10.01M |
| Net Stock Activity | 0 | 0 | 0 | 0 | 300K | 713.08K | 7.9M | 11M | 10.01M |
| Debt Issuance (Net) | 0 | 1000K | 0 | 0 | 0 | 842.7K | -179.88K | 1000K | -1000K |
| Other Financing | 0 | 5.09M | 1.69M | 0 | 0 | 120.42K | 0 | -700K | -930K |
| Net Change in Cash | -8.55M▲ 0% | 2.31M▲ 127.0% | -4.56M▼ 297.4% | 78.54K▲ 101.7% | -260.43K▼ 431.6% | 268.53K▲ 203.1% | 7.1M▲ 2543.0% | 8.67M▲ 22.2% | 7.8M▼ 10.0% |
| Exchange Rate Effect | -140.16K | 279.54K | -1000K | 134.82K | 45.4K | 3.36K | -8.54K | -505 | 45 |
| Cash at Beginning | 11.15M | 2.6M | 4.91M | 356.67K | 435.21K | 174.78K | 440.64K | 7.54M | 16.21M |
| Cash at End | 2.6M | 4.91M | 356.67K | 435.21K | 174.78K | 443.31K | 7.54M | 16.21M | 24.01M |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -7.69M▲ 0% | -10.61M▼ 38.1% | -4.34M▲ 59.1% | -644.62K▲ 85.2% | -613.54K▲ 4.8% | -4.01M▼ 552.8% | -589.64K▲ 85.3% | -5.79M▼ 882.5% | -3.58M▲ 38.3% |
| FCF Growth % | 77.14% | -38.09% | 59.07% | 85.16% | 4.82% | -552.85% | 85.28% | -882.49% | 38.26% |
MFH Banking Ratios
Mercurity Fintech Holding Inc. (MFH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -263.93% | -9.15% | -92% | -302.94% | -15.25% | -18.06% | -230.24% | -44.38% | -53.99% | -21.63% |
| Return on Assets (ROA) | -51.54% | -8.2% | -78.94% | -174.6% | -17.63% | -16.65% | -207.32% | -39.09% | -37.97% | -13.72% |
| Net Interest Margin | 0% | 0.01% | 0% | 0% | 0% | 0.07% | 0.01% | 0.03% | -2.13% | 0.57% |
| Efficiency Ratio | 159.2% | 38.16% | 24.68% | 27.69% | 58.98% | 142.05% | 1980.66% | 621.73% | 1686.6% | 421% |
| Equity / Assets | 88.89% | 90.64% | 76.06% | -441.54% | 90.57% | 93.54% | 86.2% | 89.07% | 58.67% | 67.49% |
| Book Value / Share | 109.49 | 60.66 | 25.25 | -5.41 | 3.73 | 1.71 | 0.98 | 1.3 | 0.39 | 0.4 |
| NII Growth | 247.84% | 253.72% | -100% | - | - | 2761.29% | -86.43% | 372.58% | -12723.19% | 131.59% |
MFH SEC Filings & Documents
Mercurity Fintech Holding Inc. (MFH) SEC filings — annual & quarterly reports (10-K, 10-Q)
10-K Annual Reports
1FY 2026
Mar 26, 2026·SEC
MFH Frequently Asked Questions
Mercurity Fintech Holding Inc. (MFH) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Mercurity Fintech Holding Inc. (MFH) grew revenue by 125.9% over the past year. This is strong growth.
Mercurity Fintech Holding Inc. (MFH) reported a net loss of $13.9M for fiscal year 2024.
Dividend & Returns
Mercurity Fintech Holding Inc. (MFH) has a return on equity (ROE) of -21.6%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Mercurity Fintech Holding Inc. (MFH) has a net interest margin (NIM) of 0.6%. NIM has been under pressure due to interest rate environment.
Mercurity Fintech Holding Inc. (MFH) has an efficiency ratio of 421.0%. This is higher than peers, suggesting room for cost optimization.
Explore More MFH
Mercurity Fintech Holding Inc. (MFH) financial analysis — history, returns, DCA and operating performance tools
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Revenue History
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