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MEGAIN Holding (Cayman) Co., Ltd. logo

MEGAIN Holding (Cayman) Co., Ltd.

6939.HK

HKSETechnologySemiconductors

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Latest quote

HK$1.09

HK$0.00 · 0.00%

Aug 24, 3:52 PM HKT

6939.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating as an investment holding enterprise, MEGAIN Holding (Cayman) Co., Ltd. primarily focuses on the conceptualization, development, and commercialization of compatible cartridge chips, alongside other semiconductor solutions. Its operations span the People's Republic of China and global markets. In addition to its core chip business, the company also engages in the distribution of integrated circuits and various cartridge components, such as plastic parts and toners, offering these as supplementary services to its customers. Furthermore, it provides bespoke technical and design consultations for chips whenever clients request such services. Established in 2016, the firm's main office is located in Zhuhai, People's Republic of China.

Industry
Semiconductors
Sector
Technology
Headquarters
CN
CEO
Hua Wang
Listed since
Mar 31, 2021
Employees
159

Market position

Day range

Current HK$1.09

52-week range

Current HK$1.09

Open
HK$1.145
Previous close
HK$1.09
Volume
290K
0.09× average
Average volume
3.19M
Average daily volume
Market cap
565.41M HKD
Beta
0.29
Market reference 1
50-day average
HK$1.61
-32.30% below average
200-day average
HK$1.374
-20.67% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
223.07M CNY
EV / EBITDA
-4.69×
Earnings yield
-23.64%
Free cash flow yield
-11.04%

Profitability & efficiency

Return on equity
-28.47%
Return on assets
-24.33%
Return on invested capital
-18.70%

Financial health

Current ratio
6.45×
Altman Z-score
7.91
Piotroski F-score
1 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends63%20%-22%-64%Gross margin, FY2021: 51.65%Gross margin, FY2022: 52.27%Gross margin, FY2023: 38.85%Gross margin, FY2024: 32.24%Gross margin, FY2025: 5.61%Operating margin, FY2021: 22.53%Operating margin, FY2022: 26.02%Operating margin, FY2023: 12.06%Operating margin, FY2024: -3.60%Operating margin, FY2025: -38.34%Net margin, FY2021: 18.62%Net margin, FY2022: 25.89%Net margin, FY2023: 13.46%Net margin, FY2024: 6.46%Net margin, FY2025: -53.88%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 51.65%. Gross margin FY2022 52.27%. Gross margin FY2023 38.85%. Gross margin FY2024 32.24%. Gross margin FY2025 5.61%. Operating margin FY2021 22.53%. Operating margin FY2022 26.02%. Operating margin FY2023 12.06%. Operating margin FY2024 -3.60%. Operating margin FY2025 -38.34%. Net margin FY2021 18.62%. Net margin FY2022 25.89%. Net margin FY2023 13.46%. Net margin FY2024 6.46%. Net margin FY2025 -53.88%.

Income trends

Revenue

151.32M CNY+1.11%

Operating income

−58.02M CNY-977.63%

Net income

−81.52M CNY−91.19M CNY
Income trends across reported periods198.86M CNY96.9M CNY−5.06M CNY−107.01M CNYRevenue, FY2021: 167.87M CNYRevenue, FY2022: 173.37M CNYRevenue, FY2023: 172.39M CNYRevenue, FY2024: 149.65M CNYRevenue, FY2025: 151.32M CNYOperating income, FY2021: 37.81M CNYOperating income, FY2022: 45.11M CNYOperating income, FY2023: 20.8M CNYOperating income, FY2024: −5.38M CNYOperating income, FY2025: −58.02M CNYNet income, FY2021: 31.26M CNYNet income, FY2022: 44.89M CNYNet income, FY2023: 23.21M CNYNet income, FY2024: 9.66M CNYNet income, FY2025: −81.52M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 167.87M CNY. Revenue FY2022 173.37M CNY. Revenue FY2023 172.39M CNY. Revenue FY2024 149.65M CNY. Revenue FY2025 151.32M CNY. Operating income FY2021 37.81M CNY. Operating income FY2022 45.11M CNY. Operating income FY2023 20.8M CNY. Operating income FY2024 −5.38M CNY. Operating income FY2025 −58.02M CNY. Net income FY2021 31.26M CNY. Net income FY2022 44.89M CNY. Net income FY2023 23.21M CNY. Net income FY2024 9.66M CNY. Net income FY2025 −81.52M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue151.32M CNY149.65M CNY172.39M CNY173.37M CNY167.87M CNY
Cost of goods sold142.82M CNY101.4M CNY105.42M CNY82.74M CNY81.16M CNY
Gross profit8.49M CNY48.25M CNY66.98M CNY90.63M CNY86.7M CNY
Research and development21.66M CNY19.14M CNY16.28M CNY18.25M CNY19.63M CNY
Selling, general, and administrative44.86M CNY32.78M CNY32.38M CNY27.15M CNY34.89M CNY
Operating expenses66.51M CNY53.64M CNY46.18M CNY45.52M CNY49.86M CNY
Interest income1.6M CNY7.93M CNY6M CNY3.71M CNY2.92M CNY
Interest expense702.34K CNY306K CNY144K CNY249K CNY238K CNY
Depreciation and amortization10.45M CNY1.43M CNY5.98M CNY5.76M CNY6.21M CNY
Operating income−58.02M CNY−5.38M CNY20.8M CNY45.11M CNY37.81M CNY
Net income−81.52M CNY9.66M CNY23.21M CNY44.89M CNY31.26M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.060.040.030.02Q2 '24Q2 '25
Q2 2024, reported Jun 5, 2024: actual 0.018, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 5, 2025: actual 0.019, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates97.96M93.81M89.66M85.51MQ2 '24Q2 '25
Q2 2024, reported Jun 5, 2024: actual 94.2M HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 5, 2025: actual 89.28M HKD, estimate —, surprise —, Comparison unavailable.

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