ZW Data Action Technologies Inc. (CNET) Stock Price & Analysis
ZW Data Action Technologies Inc. (CNET) closed at USD 1.07 on Friday, October 23, 2026, down 2.73% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 1.1; the Oct 23, 2026 session ranged USD 1.02–1.18 on volume of 16,672 shares. Market capitalization is $3.93M, with a 52-week range of USD 0.57–2.87 (NCM). Source: Nexqual, retrieved October 24, 2026 at 02:19 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CNET.md
Key facts (CNET)
- Last four reported quarters (through Jun 30, 2026): revenue $3.4M, net income -$826K (-23.9% margin), free cash flow -$1.0M (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y -46.0% vs S&P 500 +13.4%; 5Y -96.3% vs S&P 500 +76.9%.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CNET)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $47.3M | $26.2M | $30.6M | $15.4M | $4.6M | $3.4M |
| Gross profit | $98K | -$194K | -$436K | $446K | $353K | — |
| Operating income | -$13.6M | -$11.1M | -$6.0M | -$3.8M | -$2.0M | -$994K |
| Net income | -$2.8M | -$9.8M | -$6.0M | -$3.8M | -$1.8M | -$826K |
| EPS (diluted) | -$1.60 | — | — | — | — | — |
| Free cash flow | -$9.2M | -$3.2M | -$2.1M | -$2.1M | -$994K | -$1.0M |
| Gross margin | 0.2% | -0.7% | -1.4% | 2.9% | 7.7% | — |
| Operating margin | -28.7% | -42.4% | -19.7% | -24.3% | -42.3% | -28.8% |
| Net margin | -5.8% | -37.3% | -19.5% | -24.4% | -38.4% | -23.9% |
| Revenue growth | +23.2% | -44.6% | +16.6% | -49.5% | -70.1% | — |
| Cash + short-term investments | $7.2M | $4.4M | $817K | $812K | $970K | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CNET)
P/S 1.1x · P/B 0.9x · FCF yield -26.24% · Earnings yield -21.04%
Analysts (CNET)
Consensus None.
Total return (dividends reinvested) (CNET)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -46.0% | -96.3% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -46.1% | -48.2% |
| Volatility (annualized) | 127.1% | 96.8% |
| Max drawdown | -70.0% (Nov 2025→May 2026) | -97.8% (Nov 2021→May 2026) |
CNET revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Internet Ad | $542,000 | 83.1% | +15.6% |
| AI Service | $57,000 | 8.7% | — |
| IP Services | $53,000 | 8.1% | -32.9% |
| Total revenue | $652,000 | 100% | — |
CNET revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Online Advertising Placement | $542,000 | 83.1% | +15.6% |
| Blockchainbased Saas Services | $57,000 | 8.7% | — |
| IP Services | $53,000 | 8.1% | -32.9% |
| Total revenue | $652,000 | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CNET customer concentration
In the period ended Jun 30, 2026, a single direct customer accounted for 83% of revenue, per the company's 10-Q filed Aug 14, 2026. The company does not name it.
CNET analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter (ends Mar 2012) | — | — | — | $0 | — |
| Current fiscal year (ends Dec 2011) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |
Key Statistics (as of October 24, 2026 at 02:19 UTC)
| Price | USD 1.07 |
|---|---|
| Change | ▼ 2.73% (down) |
| Previous Close | USD 1.1 |
| Open | USD 1.12 |
| Day Range | USD 1.02 – 1.18 |
| 52-Week Range | USD 0.57 – 2.87 |
| Volume | 16,672 shares |
| Market Cap | $3.93M |
| Exchange | NCM |
Technical Analysis (CNET)
Nexqual's technical model rates CNET "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 24, 2026 at 02:19 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 35.93 (neutral) |
| vs SMA50 | Below (USD 1.41) |
| MACD | -0.07 (negative) |
Analyst Ratings (CNET)
Wall Street analysts rate CNET "None", per Nexqual as of October 24, 2026 at 02:19 UTC.
| Consensus Rating | None |
|---|
Earnings (CNET)
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2011-09-30 | USD 3 vs est 8.5 ▼ miss |
| 2011-06-30 | USD 7.5 vs est 9 ▼ miss |
| 2011-03-31 | USD 6 vs est 7 ▼ miss |
| 2010-12-31 | USD 11.5 vs est 10 ▲ beat |
Source: Nexqual, October 24, 2026 at 02:19 UTC.
Financials & Fundamentals (CNET)
| Total Revenue | $3.45M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +19.00% |
| Gross Margin | +6.38% |
| Operating Margin | -58.44% |
| Profit Margin | -23.95% |
| ROE | -21.36% |
| Debt / Equity | 0.2 |
| Current Ratio | 1.45 |
| Total Cash | $611,000 |
| Total Debt | $815,000 |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$1.03M (-29.9% of revenue) |
Source: Nexqual, October 24, 2026 at 02:19 UTC.
Financial Health Score (CNET)
Nexqual rates ZW Data Action Technologies Inc.'s overall financial health "Mixed" across five dimensions, as of October 24, 2026 at 02:19 UTC.
| Growth | Strong — Revenue +19% YoY (latest Q) |
|---|---|
| Profitability | Weak — Not yet profitable — scaling phase |
| Balance Sheet | Strong — $611K cash, no debt |
| Cash Flow | Weak — FCF negative: -$1M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -21%, ROA -6.5% |
Ownership (CNET)
| Insider Ownership | +17.51% |
|---|---|
| Institutional Ownership | +0.67% |
| Shares Outstanding | 3.67M |
| Float | 3.03M |
| Short % of Float | +1.61% |
Source: Nexqual, October 24, 2026 at 02:19 UTC.
Leadership (CNET)
ZW Data Action Technologies Inc. is led by Handong Cheng, Founder, Chairman, CEO, President, Acting CFO & Secretary, per Nexqual as of October 24, 2026 at 02:19 UTC.
| Founder, Chairman, CEO, President, Acting CFO & Secretary | Handong Cheng |
|---|---|
| Chief Technology Officer | Yingguo Guo |
| Chief Strategy Officer | Zhongyi Liu |
Major Backers & Investors (CNET)
Notable institutional backers of ZW Data Action Technologies Inc. include Citadel, Susquehanna International Group, LLP, according to Nexqual as of October 24, 2026 at 02:19 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Citadel | 0.35% |
| Susquehanna International Group, LLP | 0.32% |
Source: Nexqual, October 24, 2026 at 02:19 UTC.
From ZW Data Action Technologies Inc.'s Latest SEC 10-K Filing (filed 2026-03-31)
Key Strengths & Strategy (as disclosed to the SEC)
- However, we are strategically shifting our focus towards advancing our research and development efforts towards artificial intelligence and the development of proprietary intellectual property that will enable us to deliver more accurate marketing solutions and cost-efficient content creation for our clients.
Partnerships
- On August 23, September 5, September 6, September 25, 2024, we entered into a securities purchase agreement with each of four investors (including one member of our Board of Directors), respectively, pursuant to which each purchaser agreed to purchase 89,606 shares of common stock of the Company for an aggregate purchase price of US$268,818.
- On January 2, January 3, January 15, January 17, 2025, we entered into a securities purchase agreement with each of four investors, respectively, pursuant to which each purchaser agreed to purchase 119,100 shares of common stock of the Company for an aggregate purchase price of US$250,110, representing a purchase price of US$2.1 per share.
Legal & Regulatory Risks (Item 1A, quoted)
- We may be subject to, and may expend significant resources in defending against, government actions and civil suits based on the content and services we provide through our Internet advertising and data service platforms.
- We may be subject to intellectual property infringement claims or other allegations, which may materially and adversely affect our business, financial condition and prospects.
- Privacy and data security concerns, laws, or other regulations could expose us to liability or impair our operations.
- Our blockchain business is at an early stage and the PRC laws and regulations may have a potential effect.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PERI | Perion Network Ltd | USD 8.66 | ▼ 1.03% |
| ADV | Advantage Solutions Inc. | USD 30.28 | ▼ 0.2% |
| NEXN | Nexxen International Ltd. | USD 8.88 | ▼ 1.88% |
| EVC | Entravision Communications Corp | USD 6.23 | ▼ 0.48% |
| CRTO | Criteo S.A. | USD 14.88 | ▲ 0.07% |
| QNST | QuinStreet, Inc. | USD 16.52 | ▼ 2.13% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 02:19 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt