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ZW Data Action Technologies Inc. (CNET) 10-Year Financial Performance & Capital Metrics

CNET • • Industrial / General
Communication ServicesAdvertising & MarketingSpecialized Digital Marketing ServicesPerformance Marketing Specialists
AboutZW 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 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. In addition, it provides other e-commerce online to offline advertising and marketing and related value-added technical services, as well as strategic corporation management 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 headquartered in Beijing, the People's Republic of China.Show more
  • Revenue $15M -49.5%
  • EBITDA -$3M +35.8%
  • Net Income -$4M +37.0%
  • EPS (Diluted) -1.86 -124.1%
  • Gross Margin 2.89% +302.7%
  • EBITDA Margin -18.12% -27.1%
  • Operating Margin -24.33% -23.8%
  • Net Margin -24.36% -24.7%
  • ROE -75.43% -17.1%
  • ROIC -64.69% -12.6%
  • Debt/Equity 0.03 -16.9%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Share count reduced 71.9% through buybacks
  • ✓Trading at only 0.7x book value
  • ✓Efficient asset utilization: 1.6x turnover

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Sales declining 23.3% over 5 years
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-8.83%
5Y-23.28%
3Y-31.16%
TTM-66.59%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM57.92%

EPS CAGR

10Y-
5Y-
3Y-
TTM36.37%

ROCE

10Y Avg-48.22%
5Y Avg-62.65%
3Y Avg-63.85%
Latest-73.54%

Peer Comparison

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TNMGTNL Mediagene91.3M2.21-0.6435.31%-175.29%-156.3%0.64

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+32.27M34.75M46.63M57.15M58.08M38.41M47.33M26.23M30.59M15.44M
Revenue Growth %-0.17%0.08%0.34%0.23%0.02%-0.34%0.23%-0.45%0.17%-0.5%
Cost of Goods Sold+24.66M27M42.02M54.73M52.58M37.78M47.23M26.43M31.02M14.99M
COGS % of Revenue0.76%0.78%0.9%0.96%0.91%0.98%1%1.01%1.01%0.97%
Gross Profit+7.61M7.75M4.61M2.42M5.5M632K98K-194K-436K446K
Gross Margin %0.24%0.22%0.1%0.04%0.09%0.02%0%-0.01%-0.01%0.03%
Gross Profit Growth %0.15%0.02%-0.4%-0.48%1.27%-0.89%-0.84%-2.98%-1.25%2.02%
Operating Expenses+14.25M13.74M11.46M8.39M7.19M6.33M13.69M10.93M5.58M4.2M
OpEx % of Revenue0.44%0.4%0.25%0.15%0.12%0.16%0.29%0.42%0.18%0.27%
Selling, General & Admin12.08M11.74M10.2M7.46M6.32M5.79M13.36M8.57M4.33M4.2M
SG&A % of Revenue0.37%0.34%0.22%0.13%0.11%0.15%0.28%0.33%0.14%0.27%
Research & Development2.16M2M1.26M933K869K539K326K229K17K0
R&D % of Revenue0.07%0.06%0.03%0.02%0.01%0.01%0.01%0.01%0%-
Other Operating Expenses000-30K0-31K02.12M1.23M0
Operating Income+-9.32M-6.15M-9.44M-5.97M-1.69M-5.7M-13.59M-11.12M-6.01M-3.76M
Operating Margin %-0.29%-0.18%-0.2%-0.1%-0.03%-0.15%-0.29%-0.42%-0.2%-0.24%
Operating Income Growth %0.36%0.34%-0.54%0.37%0.72%-2.38%-1.38%0.18%0.46%0.38%
EBITDA+-7.55M-4.58M-8.02M-5.43M-1.43M-4.83M-12.75M-8.56M-4.36M-2.8M
EBITDA Margin %-0.23%-0.13%-0.17%-0.1%-0.02%-0.13%-0.27%-0.33%-0.14%-0.18%
EBITDA Growth %0.43%0.39%-0.75%0.32%0.74%-2.38%-1.64%0.33%0.49%0.36%
D&A (Non-Cash Add-back)1.77M1.57M1.42M541K260K873K839K2.56M1.65M960K
EBIT-9.16M-6.17M-9.65M-13.33M-1.19M-5.7M-13.59M-9M-4.78M-3.76M
Net Interest Income+70K77K-107K-37K-35K1K4K116K298K298K
Interest Income117K90K40K001K4K116K298K298K
Interest Expense47K13K147K37K35K00000
Other Income/Expense104K-35K-362K1.15M467K623K11.08M1.32M36K387K
Pretax Income+-9.21M-6.18M-9.76M-13.36M-1.22M-5.08M-2.51M-9.79M-5.98M-3.37M
Pretax Margin %-0.29%-0.18%-0.21%-0.23%-0.02%-0.13%-0.05%-0.37%-0.2%-0.22%
Income Tax+-1.5M102K251K764K49K143K177K-3K-2K399K
Effective Tax Rate %0.99%1.05%1.04%1.06%1.03%1.03%1.1%1%1%1.12%
Net Income+-9.09M-6.49M-10.13M-14.13M-1.26M-5.22M-2.75M-9.79M-5.97M-3.76M
Net Margin %-0.28%-0.19%-0.22%-0.25%-0.02%-0.14%-0.06%-0.37%-0.2%-0.24%
Net Income Growth %0.34%0.29%-0.56%-0.4%0.91%-3.14%0.47%-2.56%0.39%0.37%
Net Income (Continuing)-7.72M-6.29M-10.01M-14.13M-1.27M-5.22M-2.69M-9.79M-5.97M-3.77M
Discontinued Operations-1.47M-50K00000000
Minority Interest375K54K177K-49K-57K-66K00060K
EPS (Diluted)+-4.25-2.86-4.18-4.45-0.37-1.21-0.41-1.37-0.83-1.86
EPS Growth %0.45%0.33%-0.46%-0.06%0.92%-2.27%0.66%-2.34%0.39%-1.24%
EPS (Basic)-4.25-2.86-4.18-4.45-0.37-1.21-0.41-1.37-0.83-1.86
Diluted Shares Outstanding2.14M2.27M2.42M3.17M3.43M4.32M6.61M7.14M7.2M2.02M
Basic Shares Outstanding2.14M2.27M2.42M3.17M3.43M4.32M6.61M7.14M7.2M2.02M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+21.04M14.47M16.9M12.5M11.94M12.88M19.92M12.31M8.96M9.17M
Cash & Short-Term Investments5.5M3.04M2.95M3.74M1.6M4.3M7.17M4.39M817K812K
Cash Only5.5M3.04M2.95M3.74M1.6M4.3M7.17M4.39M817K812K
Short-Term Investments0000000000
Accounts Receivable4.5M3.62M7.21M4.99M3.35M2.47M3.5M1.75M3.64M3.85M
Days Sales Outstanding50.9138.0656.4731.8421.0723.452724.2843.4290.9
Inventory7.72M4.75M02.01M000000
Days Inventory Outstanding114.3664.27-13.42------
Other Current Assets1.93M05.4M1.67M01.46M4.06M3.14M00
Total Non-Current Assets+14.42M15.57M11.66M4.47M6.62M7.78M12.71M7.34M2.27M513K
Property, Plant & Equipment681K471K299K142K90K108K2.39M2.01M237K116K
Fixed Asset Turnover47.38x73.78x155.96x402.44x645.33x355.63x19.77x13.05x129.05x133.09x
Goodwill4.4M4.97M5.28M0000000
Intangible Assets5.64M7.26M3.81M45K5.78M2.56M7.52M3.26M841K0
Long-Term Investments1.13M1.34M918K035K67K2.28M1.6M794K397K
Other Non-Current Assets1.02M003.73M04.45M75K69K00
Total Assets+35.46M30.04M28.56M16.97M18.55M20.67M32.63M19.66M11.23M9.69M
Asset Turnover0.91x1.16x1.63x3.37x3.13x1.86x1.45x1.33x2.72x1.59x
Asset Growth %-0.25%-0.15%-0.05%-0.41%0.09%0.11%0.58%-0.4%-0.43%-0.14%
Total Current Liabilities+7.37M7.62M12.96M8.44M7.01M8.02M8.82M5.7M4.86M5.85M
Accounts Payable95K102K2.85M2.87M408K608K1.12M205K201K93K
Days Payables Outstanding1.411.3824.7619.132.835.878.652.832.372.26
Short-Term Debt0721K765K874K576K00099K0
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K739K843K489K
Other Current Liabilities5.32M5.06M5.23M431K636K1.84M4.55M2.92M2.36M1.55M
Current Ratio2.85x1.90x1.30x1.48x1.70x1.61x2.26x2.16x1.85x1.57x
Quick Ratio1.81x1.28x1.30x1.24x1.70x1.61x2.26x2.16x1.85x1.57x
Cash Conversion Cycle163.86100.96-26.12------
Total Non-Current Liabilities+382K126K134K734K125K166K2.04M1.66M124K122K
Long-Term Debt0126K134K128K125K134K137K126K124K122K
Capital Lease Obligations0000032K1.91M1.53M00
Deferred Tax Liabilities118K000000000
Other Non-Current Liabilities264K000000000
Total Liabilities7.75M7.75M13.1M9.17M7.14M8.19M10.87M7.36M4.98M5.97M
Total Debt+135K721K899K1M701K387K2.4M2.11M247K122K
Net Debt-5.37M-2.31M-2.05M-2.74M-902K-3.91M-4.78M-2.28M-570K-690K
Debt / Equity0.00x0.03x0.06x0.13x0.06x0.03x0.11x0.17x0.04x0.03x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-198.21x-472.92x-64.23x-161.38x-48.23x-----
Total Equity+27.71M22.3M15.46M7.79M11.41M12.48M21.77M12.3M6.25M3.72M
Equity Growth %-0.23%-0.2%-0.31%-0.5%0.46%0.09%0.74%-0.44%-0.49%-0.41%
Book Value per Share12.949.826.382.463.332.893.291.720.871.84
Total Shareholders' Equity27.33M22.24M15.29M7.84M11.47M12.54M21.77M12.3M6.25M3.66M
Common Stock30K12K14K16K20K26K35K7K7K2K
Retained Earnings-3.87M-10.36M-20.49M-34.51M-35.77M-40.98M-43.73M-53.52M-59.69M-63.45M
Treasury Stock0000000000
Accumulated OCI4.66M3.31M4.21M4.06M4.11M3.73M3.68M3.8M3.87M4M
Minority Interest375K54K177K-49K-57K-66K00060K

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+5.73M-563K-1.32M-5.39M-4.31M326K-8.84M-3.15M-2.01M-2.06M
Operating CF Margin %0.18%-0.02%-0.03%-0.09%-0.07%0.01%-0.19%-0.12%-0.07%-0.13%
Operating CF Growth %1.93%-1.1%-1.34%-3.08%0.2%1.08%-28.11%0.64%0.36%-0.02%
Net Income-9.18M-6.34M-10.01M-14.13M-1.27M-5.22M-2.69M-9.79M-5.97M-3.77M
Depreciation & Amortization1.77M1.57M1.42M541K260K869K839K2.56M1.65M960K
Stock-Based Compensation2.26M2.31M2.27M233K393K2.15M7.03M0107K684K
Deferred Taxes-1.56M102K251K764K-168K143K177K-3K-2K399K
Other Non-Cash Items4.12M652K4.06M8.85M1.84M191K-10.77M3.33M2.07M431K
Working Capital Changes8.33M1.15M687K-1.65M-5.36M2.19M-3.43M757K135K-763K
Change in Receivables-580K-975K-4.86M-232K699K116K-986K-217K593K-1.67M
Change in Inventory8.13M2.38M903K0-4.59M2.57M-2.71M000
Change in Payables-509K-137K2.65M161K-2.44M180K495K-848K-1K-106K
Cash from Investing+-4.63M-2.58M1.06M-3.05M-2.16M-3.47M-5.47M552K-1.54M895K
Capital Expenditures-4.24M-2.12M-4K-4.18M-2.12M-2M-1.49M0-81K0
CapEx % of Revenue0.13%0.06%0%0.07%0.04%0.05%0.03%-0%0%
Acquisitions----------
Investments----------
Other Investing772K1.95M-2.52M2.57M-2.16M-1.44M958K540K-1.82M748K
Cash from Financing+-131K753K-741K9.49M4.35M5.82M17.11M-40K01.15M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing672K00-922K000001.15M
Net Change in Cash----------
Free Cash Flow+1.5M-2.68M-1.32M-9.57M-6.43M-1.68M-10.33M-3.15M-2.09M-2.06M
FCF Margin %0.05%-0.08%-0.03%-0.17%-0.11%-0.04%-0.22%-0.12%-0.07%-0.13%
FCF Growth %-0.11%-2.79%0.51%-6.23%0.33%0.74%-5.16%0.7%0.34%0.02%
FCF per Share0.70-1.18-0.55-3.02-1.88-0.39-1.56-0.44-0.29-1.02
FCF Conversion (FCF/Net Income)-0.63x0.09x0.13x0.38x3.42x-0.06x3.21x0.32x0.34x0.55x
Interest Paid47K13K00000000
Taxes Paid131K2K00000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-28.58%-25.97%-53.63%-121.49%-13.13%-43.7%-16.08%-57.49%-64.41%-75.43%
Return on Invested Capital (ROIC)-25.86%-21.79%-42.41%-48.51%-16.27%-44.82%-79.75%-61.76%-57.44%-64.69%
Gross Margin23.59%22.3%9.89%4.23%9.47%1.65%0.21%-0.74%-1.43%2.89%
Net Margin-28.18%-18.68%-21.71%-24.72%-2.17%-13.59%-5.82%-37.32%-19.53%-24.36%
Debt / Equity0.00x0.03x0.06x0.13x0.06x0.03x0.11x0.17x0.04x0.03x
Interest Coverage-198.21x-472.92x-64.23x-161.38x-48.23x-----
FCF Conversion-0.63x0.09x0.13x0.38x3.42x-0.06x3.21x0.32x0.34x0.55x
Revenue Growth-17.05%7.7%34.2%22.54%1.63%-33.87%23.22%-44.57%16.58%-49.52%

Revenue by Segment

201420152017201820202021202220232024
Search Engine Marketing and Data Service---47.42M26M39.22M22.26M30.51M9.91M
Search Engine Marketing and Data Service Growth-----45.18%50.88%-43.24%37.05%-67.52%
Online Advertising Placement---9.09M8.42M7.44M3.55M-4.78M
Online Advertising Placement Growth-----7.40%-11.63%-52.32%--
Offline Advertising and Marketing Services----1.54M662K---
Offline Advertising and Marketing Services Growth------57.15%---
Technical Solution Services----1.25M----
Technical Solution Services Growth---------
Data and Technical Services----1.2M----
Data and Technical Services Growth---------
Sales of Effective Sales Lead Information---494K-----
Sales of Effective Sales Lead Information Growth---------
TV Advertising Service---121K-----
TV Advertising Service Growth---------
Product and Service, Other---14K-----
Product and Service, Other Growth---------
Internet Ad31.26M31.02M46.29M------
Internet Ad Growth--0.79%49.25%------
TV Ad6.43M1.25M342K------
TV Ad Growth--80.56%-72.64%------
Report Total38.9M--------
Report Total Growth---------
Brand Management And Sales Channel Building931K--------
Brand Management And Sales Channel Building Growth---------
Bank Kiosk276K--------
Bank Kiosk Growth---------

Frequently Asked Questions

Growth & Financials

ZW Data Action Technologies Inc. (CNET) reported $6.2M in revenue for fiscal year 2024. This represents a 79% decrease from $28.7M in 2011.

ZW Data Action Technologies Inc. (CNET) saw revenue decline by 49.5% over the past year.

ZW Data Action Technologies Inc. (CNET) reported a net loss of $2.1M for fiscal year 2024.

Dividend & Returns

ZW Data Action Technologies Inc. (CNET) has a return on equity (ROE) of -75.4%. Negative ROE indicates the company is unprofitable.

ZW Data Action Technologies Inc. (CNET) had negative free cash flow of $1.7M in fiscal year 2024, likely due to heavy capital investments.

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