ZW Data Action Technologies Inc. logo

ZW Data Action Technologies Inc.

CNET

NASDAQCommunication ServicesAdvertising Agencies

Previous close

$1.42

+$0.07 · +5.19%

Aug 24, 4:00 PM ET

After-hours

$1.3911

−$0.0289 · -2.04%

Aug 24, 7:28 PM ET

CNET company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

36

Expensive

Momentum

39

Weakening

Sentiment

62

Bullish

Risk resilience

30

High Risk

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Company profile

Company website

ZW Data Action Technologies Inc., operating through its various subsidiaries, offers comprehensive omni-channel advertising solutions, precision marketing strategies, and advanced data analytics management systems across the People's Republic of China. The company delivers online advertising services, personalized marketing campaigns, and associated data insights primarily through its digital platforms, including 28.com and liansuo.com. These portals are designed to empower advertisers by providing tools to establish and expand their sales channels, such as through franchisees, sales agents, distributors, and resellers. In addition, ZW Data is actively engaged in the development and deployment of products and services that utilize blockchain technology. The firm also extends its offerings to include e-commerce online-to-offline (O2O) advertising and marketing, along with related value-added technical support and strategic corporate management services. Originally incorporated as ChinaNet Online Holdings, Inc., the company rebranded to ZW Data Action Technologies Inc. in October 2020. Founded in 2003, it maintains its headquarters in Beijing, People's Republic of China.

Industry
Advertising Agencies
Sector
Communication Services
Headquarters
HK
CEO
Handong Cheng
Listed since
Aug 14, 2009
Employees
13

Market position

Day range

Current $1.42

52-week range

Current $1.42

Open
$1.39
Previous close
$1.35
Volume
4.92K
0.02× average
Average volume
305.11K
Average daily volume
Market cap
5.21M USD
Beta
0.86
Market reference 1
50-day average
$1.1628
+22.12% above average
200-day average
$1.0634
+33.54% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.82M USD
P/E (TTM)
-4.63×
P/B (TTM)
1.13×
P/S (TTM)
1.51×
EV / EBITDA
-1.89×
Earnings yield
-49.00%
Free cash flow yield
-44.13%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
6.38%
Operating margin
-28.82%
Net margin
-23.95%
Return on equity
-40.76%
Return on assets
-18.29%
Return on invested capital
-41.93%

Financial health

Debt / equity
0.04×
Current ratio
1.49×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends13%-7%-27%-47%Gross margin, FY2021: 0.21%Gross margin, FY2022: -0.74%Gross margin, FY2023: -1.43%Gross margin, FY2024: 2.89%Gross margin, FY2025: 7.65%Operating margin, FY2021: -28.71%Operating margin, FY2022: -42.38%Operating margin, FY2023: -19.66%Operating margin, FY2024: -24.33%Operating margin, FY2025: -42.33%Net margin, FY2021: -5.82%Net margin, FY2022: -37.32%Net margin, FY2023: -19.53%Net margin, FY2024: -24.36%Net margin, FY2025: -38.36%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 0.21%. Gross margin FY2022 -0.74%. Gross margin FY2023 -1.43%. Gross margin FY2024 2.89%. Gross margin FY2025 7.65%. Operating margin FY2021 -28.71%. Operating margin FY2022 -42.38%. Operating margin FY2023 -19.66%. Operating margin FY2024 -24.33%. Operating margin FY2025 -42.33%. Net margin FY2021 -5.82%. Net margin FY2022 -37.32%. Net margin FY2023 -19.53%. Net margin FY2024 -24.36%. Net margin FY2025 -38.36%.

Income trends

Revenue

4.61M USD-70.11%

Operating income

−1.95M USD+48.02%

Net income

−1.77M USD+52.94%
Income trends across reported periods53.42M USD29.05M USD4.69M USD−19.68M USDRevenue, FY2021: 47.33M USDRevenue, FY2022: 26.24M USDRevenue, FY2023: 30.59M USDRevenue, FY2024: 15.44M USDRevenue, FY2025: 4.61M USDOperating income, FY2021: −13.59M USDOperating income, FY2022: −11.12M USDOperating income, FY2023: −6.01M USDOperating income, FY2024: −3.76M USDOperating income, FY2025: −1.95M USDNet income, FY2021: −2.75M USDNet income, FY2022: −9.79M USDNet income, FY2023: −5.97M USDNet income, FY2024: −3.76M USDNet income, FY2025: −1.77M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 47.33M USD. Revenue FY2022 26.24M USD. Revenue FY2023 30.59M USD. Revenue FY2024 15.44M USD. Revenue FY2025 4.61M USD. Operating income FY2021 −13.59M USD. Operating income FY2022 −11.12M USD. Operating income FY2023 −6.01M USD. Operating income FY2024 −3.76M USD. Operating income FY2025 −1.95M USD. Net income FY2021 −2.75M USD. Net income FY2022 −9.79M USD. Net income FY2023 −5.97M USD. Net income FY2024 −3.76M USD. Net income FY2025 −1.77M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.61M USD15.44M USD30.59M USD26.24M USD47.33M USD
Cost of goods sold4.26M USD14.99M USD31.02M USD26.43M USD47.23M USD
Gross profit353K USD446K USD−436K USD−194K USD98K USD
Research and development17K USD229K USD326K USD
Selling, general, and administrative2.31M USD4.2M USD4.33M USD8.57M USD13.36M USD
Operating expenses2.31M USD4.2M USD5.58M USD10.93M USD13.69M USD
Interest income189K USD298K USD298K USD116K USD4K USD
Depreciation and amortization278K USD960K USD1.65M USD2.56M USD839K USD
Operating income−1.95M USD−3.76M USD−6.01M USD−11.12M USD−13.59M USD
Net income−1.77M USD−3.76M USD−5.97M USD−9.79M USD−2.75M USD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
-0.1

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.13-0.3-0.72-1.15Q4 '24Q2 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 19, 2024: actual -1.06, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 15, 2025: actual -0.2, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 20, 2025: actual -0.23, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual -0.27, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual -0.04, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual -0.15, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 0.04, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual -0.1, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates3.47M2.42M1.37M325.55KQ4 '24Q2 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 19, 2024: actual 3.24M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 15, 2025: actual 2.25M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 20, 2025: actual 1.65M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 548K USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 1.72M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual 697K USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 383K USD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 652K USD, estimate —, surprise —, Comparison unavailable.

CNET news

Corporate actions

Corporate action history

Stock split

Effective Sep 30, 2024

1:4

Stock split

Effective Jan 20, 2023

1:5

Stock split

Effective Aug 19, 2016

2:5

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