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Mercurity Fintech Holding Inc. (MFH) 10-Year Financial Performance & Capital Metrics

MFH • • Banking & Credit
Financial ServicesCapital MarketsFinancial Technology & Blockchain ServicesBlockchain Financial Services
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 Margin 0.57% +126.9%
  • Efficiency Ratio 421% -75.0%
  • ROA -13.72% +63.9%
  • Equity / Assets 67.49% +15.0%
  • Book Value per Share 0.40 +1.8%
  • Tangible BV/Share 0.34 -7.9%
  • Debt/Equity 0.32 -40.2%
Technical Analysis

Key Insights

Based on financial 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 9 (bottom 9%)
  • ✗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.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-28.8%
5Y-10.33%
3Y14.55%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM28.7%

EPS CAGR

10Y-
5Y-
3Y-
TTM67.96%

ROCE

10Y Avg-68.08%
5Y Avg-50.89%
3Y Avg-38.29%
Latest-21.87%

Peer Comparison

Blockchain Financial Services
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
FIGRFigure Technology Solutions, Inc. Class A Common Stock11.44B64.96786.4467.36%6.16%5.88%1.89
AMRKA-Mark Precious Metals, Inc.987.99M40.0956.4613.19%0.16%1.06%14.34%1.29
GLXYGalaxy Digital6.15B31.9950.78-7.4%
NCPLNetcapital Inc.5.73M0.73-0.04-82.44%-32.55%-136.8%0.18
MFHMercurity Fintech Holding Inc.351.6M5.09-68.32125.92%-450.1%-57.67%0.32
STRDMicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock911.76M77.50-6.61%-251.73%13.62%0.40
UCFIWCN Healthy Food Tech Group Corp.0.0935.22%36.96%

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+7.39K26.15K002797.98K1.08K5.12K-646.05K204.07K
NII Growth %2.48%2.54%-1%--27.61%-0.86%3.73%-127.23%1.32%
Net Interest Margin %----------
Interest Income7.39K26.15K002797.98K1.08K5.12K0586.67K
Interest Expense00000000646.05K382.6K
Loan Loss Provision13.22M72.86M88.19M35.58M257.02K154.27K702.68K1.38M778.26K1M
Non-Interest Income+11.47M73.17M88.74M36.46M1.74M1.39M669.09K858.32K445.93K420.76K
Non-Interest Income %----------
Total Revenue+11.48M73.2M88.74M36.46M1.74M1.4M670.17K863.44K445.93K1.01M
Revenue Growth %-0.62%5.38%0.21%-0.59%-0.95%-0.19%-0.52%0.29%-0.48%1.26%
Non-Interest Expense18.27M27.94M21.9M10.1M1.03M1.99M13.27M5.37M7.52M4.24M
Efficiency Ratio----------
Operating Income+-105.95M-27.59M-168.37M-124.4M455.83K166.58K-13.31M-5.89M-8.5M-4.62M
Operating Margin %----------
Operating Income Growth %-1.43%0.74%-5.1%0.26%1%-0.63%-80.88%0.56%-0.44%0.46%
Pretax Income+-105.9M-27.53M-168.76M-125.34M482.97K-693.32K-13.31M-5.88M-9.45M-4.2M
Pretax Margin %----------
Income Tax+-1.25M-2.23M-6.86M-2.1M1.71M00-248.71K-90.78K336.99K
Effective Tax Rate %----------
Net Income+-93.57M-25.29M-161.9M-123.24M-1.23M-1.65M-21.67M-5.63M-9.36M-4.53M
Net Margin %----------
Net Income Growth %-1.13%0.73%-5.4%0.24%0.99%-0.35%-12.12%0.74%-0.66%0.52%
Net Income (Continuing)-104.65M-25.29M-161.9M-1.81M0-693.32K-13.31M-5.63M-9.36M-4.53M
EPS (Diluted)+-0.09-0.02-0.11-0.08-0.00-0.10-2.48-0.43-0.20-0.07
EPS Growth %1%0.82%-5.4%0.24%0.98%--23.8%0.83%0.53%0.63%
EPS (Basic)-0.09-0.02-0.11-0.08-0.00-0.10-2.48-0.43-0.20-0.07
Diluted Shares Outstanding2.78M4.09M4.1M4.1M2.15M5.99M8.75M12.99M45.84M60.85M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K356.67K435.21K174.78K440.64K1000K1000K1000K
Cash & Due from Banks11.15M2.6M4.91M356.67K435.21K174.78K440.64K7.45M16.12M23.92M
Short Term Investments000000001000K957.73K
Total Investments+0720K768.49K000002.48M957.73K
Investments Growth %--0.07%-1%------0.61%
Long-Term Investments0720K768.49K00000160K0
Accounts Receivables1000K1000K01000K1000K1000K1.5K000
Goodwill & Intangibles+----------
Goodwill250.65M221.34M108.94M05.53M8.11M0000
Intangible Assets50.56M36.27M10.26M01.21M383.29K8.2M4.23M705.31K3.14M
PP&E (Net)478.07K1.98M1.8M406.02K406.02M006.84M5.31M2.5M
Other Assets0152K161.72K0-406.02M0057.3K177.3K0
Total Current Assets41.08M13.43M14.06M4.62M2.13M2.47M1.74M7.52M23.7M30.02M
Total Non-Current Assets301.69M260.62M122.09M406.02K6.74M8.49M8.2M11.38M6.7M5.67M
Total Assets+342.77M274.05M136.14M5.02M8.87M10.96M9.94M18.89M30.4M35.69M
Asset Growth %15.85%-0.2%-0.5%-0.96%0.77%0.24%-0.09%0.9%0.61%0.17%
Return on Assets (ROA)-0.52%-0.08%-0.79%-1.75%-0.18%-0.17%-2.07%-0.39%-0.38%-0.14%
Accounts Payable3.83M2.2M3.98M2.55M016K022.07K24.51K18.84K
Total Debt+007.68M7.27M7.27B01.12M904.13K9.63M7.78M
Net Debt-11.15M-2.6M2.77M6.92M7.27B-174.78K-440.64K-6.54M-6.48M-16.13M
Long-Term Debt0000000000
Short-Term Debt007.68M07.27B01.12M269.68K9M7.5M
Other Liabilities502.18K1.35M9.79M6.92M000000
Total Current Liabilities24.95M15.23M22.81M20.29M836.55K708.5K1.37M1.43M12.28M11.58M
Total Non-Current Liabilities13.14M10.42M9.79M6.92M18.59B00634.46K282.28K25.2K
Total Liabilities38.09M25.65M32.59M27.21M836.55K708.5K1.37M2.06M12.56M11.6M
Total Equity+304.68M248.4M103.55M-22.19M8.03M10.25M8.57M16.83M17.83M24.09M
Equity Growth %2.3%-0.18%-0.58%-1.21%1.36%0.28%-0.16%0.96%0.06%0.35%
Equity / Assets (Capital Ratio)----------
Return on Equity (ROE)-2.64%-0.09%-0.92%-3.03%-0.15%-0.18%-2.3%-0.44%-0.54%-0.22%
Book Value per Share109.4960.6625.25-5.413.731.710.981.300.390.40
Tangible BV per Share----------
Common Stock14.45K15K14.77K14.77K21.1K29.8K49.4K140.72K243.3K249.22K
Additional Paid-in Capital630.47M632.99M634.07M634.02M645.33M649.15M668.18M682.85M693.09M703.1M
Retained Earnings-326.71M-352M-513.9M-637.14M-638.37M-640.02M-660.77M-667.32M-676.68M-680.45M
Accumulated OCI908.19K-32.61M-16.63M-19.07M1.05M1.1M1.1M1.16M1.17M1.19M
Treasury Stock0000000000
Preferred Stock048600000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-33.53M-5.83M-9.87M-4.33M-644.62K-595.68K-4.01M-582.42K-2.79M-3.57M
Operating CF Growth %-0.05%0.83%-0.69%0.56%0.85%0.08%-5.72%0.85%-3.79%-0.28%
Net Income-104.65M-25.29M-161.9M-123.24M482.97K-1.65M-12.39M-5.63M-9.36M-4.53M
Depreciation & Amortization4.95M8.9M8.63M1.51M00028.95K898.97K675.72K
Deferred Taxes-1.25B-2.23M-6.86M-2.1M000-251K00
Other Non-Cash Items85.93M1.38M147.6M116.43M272.84K835.34K1.62M4.43M5.57M2.13M
Working Capital Changes3.03M10.32M1.58M3.13M-1.4M-65.88K-1.59M291.13K23.53K-1.85M
Cash from Investing+-11.9M-2.58M-741.08K-13.06K588.34K-10.15K2.59M-32.22K-7.84M3.79M
Purchase of Investments0-720.15K000000-8.2M-364.53K
Sale/Maturity of Investments000000001000K1000K
Net Investment Activity----------
Acquisitions-9.8M000588.34K14400-120K2M
Other Investing-2M-720.15K-741.08K-13.06K07.57K2.59M-25K0221.15K
Cash from Financing+54.88M012.64M1.69M0300K1.68M7.72M19.3M7.58M
Dividends Paid0000000000
Share Repurchases0000000000
Stock Issued55.29M0000300K713.08K7.9M11M10.01M
Net Stock Activity----------
Debt Issuance (Net)001000K000842.7K-179.88K1000K-1000K
Other Financing-411.72K05.09M1.69M00120.42K0-700K-930K
Net Change in Cash+9.51M-8.55M2.31M-4.56M78.54K-260.43K268.53K7.1M8.67M7.8M
Exchange Rate Effect50.47K-140.16K279.54K-1000K134.82K45.4K3.36K-8.54K-50545
Cash at Beginning1.65M11.15M2.6M4.91M356.67K435.21K174.78K440.64K7.54M16.21M
Cash at End11.15M2.6M4.91M356.67K435.21K174.78K443.31K7.54M16.21M24.01M
Interest Paid0000000000
Income Taxes Paid0000000000
Free Cash Flow+-33.62M-7.69M-10.61M-4.34M-644.62K-613.54K-4.01M-589.64K-5.79M-3.58M
FCF Growth %-0.03%0.77%-0.38%0.59%0.85%0.05%-5.53%0.85%-8.82%0.38%

Banking Ratios

Metric2015201620172018201920202021202220232024
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 Margin0%0.01%0%0%0%0.07%0.01%0.03%-2.13%0.57%
Efficiency Ratio159.2%38.16%24.68%27.69%58.98%142.05%1980.66%621.73%1686.6%421%
Equity / Assets88.89%90.64%76.06%-441.54%90.57%93.54%86.2%89.07%58.67%67.49%
Book Value / Share109.4960.6625.25-5.413.731.710.981.30.390.4
NII Growth247.84%253.72%-100%--2761.29%-86.43%372.58%-12723.19%131.59%

Revenue by Segment

2015202120222024
Other Services---45.5K
Other Services Growth----
Cryptocurrency Mining--1.36M-
Cryptocurrency Mining Growth----
Bitcoin Mining--1.29M-
Bitcoin Mining Growth----
Digital asset mining-664.31K--
Digital asset mining Growth----
Technical services-5.86K--
Technical services Growth----
Online Direct Sales11.48M---
Online Direct Sales Growth----

Frequently Asked Questions

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.

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