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ZW Data Action Technologies Inc. (CNET)

Communication Services | Advertising Agencies | Central, Hong Kong | NasdaqCM
0.97 USD -0.07 (-6.558%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:56 a.m. EDT

The investment case here is fundamentally broken. The business is hemorrhaging value with a massive 77% drop in revenue and negative free cash flow, while the stock has tumbled nearly 95% over the last nine years. The recent price action shows a fleeting, failed attempt to rally before resuming its descent, confirming that the market sees no path to recovery. With no dividend to provide income and a balance sheet showing significant debt relative to equity, there is no margin of safety. This is a deteriorating asset where the fundamentals and the price trajectory are in complete agreement: avoid.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.125148
AutoETS0.128801
AutoTheta0.129972
MSTL0.136658

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 23%
H-stat 91.08
Ljung-Box p 0.000
Jarque-Bera p 0.034
Excess Kurtosis -0.50
Attribute Value
Sector Communication Services
Debt to Equity Ratio 3.727
Revenue per Share 1.154
Market Cap 3,564,979
Beta 0.86
Profit Margins -33.27%
Previous Name ChinaNet Online Holdings, Inc.

Info Dump

Attribute Value
52 Week Change -0.41899443
Address1 29 Des Voeux Road Central
Address2 8/F
All Time High 350.0
All Time Low 0.57
Ask 1.21
Ask Size 1
Average Daily Volume10 Day 438,030
Average Daily Volume3 Month 273,695
Average Volume 273,695
Average Volume10Days 438,030
Beta 0.858
Bid 1.0
Bid Size 2
Book Value 1.319
City Central
Compensation As Of Epoch Date 1,767,139,200
Country Hong Kong
Crypto Tradeable 0
Currency USD
Current Price 0.9718
Current Ratio 1.515
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 1.0
Day Low 0.9286
Debt To Equity 3.727
Display Name ZW Data Action
Dividend Date 1,471,564,800
Earnings Timestamp End 1,621,513,800
Earnings Timestamp Start 1,621,513,800
Ebitda -1,020,000
Ebitda Margins -0.30493
Enterprise To Ebitda -3.009
Enterprise To Revenue 0.917
Enterprise Value 3,068,979
Eps Trailing Twelve Months -0.4
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.8504
Fifty Day Average Change 0.12140006
Fifty Day Average Change Percent 0.14275642
Fifty Two Week Change Percent -41.899445
Fifty Two Week High 2.78
Fifty Two Week High Change -1.8081999
Fifty Two Week High Change Percent -0.65043163
Fifty Two Week Low 0.57
Fifty Two Week Low Change 0.40180004
Fifty Two Week Low Change Percent 0.70491236
Fifty Two Week Range 0.57 - 2.78
Financial Currency USD
First Trade Date Milliseconds 1,250,256,600,000
Float Shares 3,026,160
Free Cashflow -1,092,375
Full Exchange Name NasdaqCM
Full Time Employees 13
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.06577
Gross Profits 220,000
Has Pre Post Market Data 1
Held Percent Insiders 0.17508
Held Percent Institutions 0.00787
Implied Shares Outstanding 3,668,429
Industry Advertising Agencies
Industry Disp Advertising Agencies
Industry Key advertising-agencies
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,727,654,400
Last Split Factor 1:4
Long Business Summary ZW Data Action Technologies Inc., together with its subsidiaries, provides omni-channel advertising, precision marketing, influencer marketing, and data analysis management systems in the People's Republic of China. It offers Internet advertising, e-commerce online to offline (O2O) advertising, marketing services, and related value-added technical services, as well as the related data and technical services to small and medium enterprises through its Internet portals, sales agents, distributors, and/or resellers. The company also develops and operates blockchain enabled web/mobile applications, as well as distribution of the right to use search engine marketing services; blockchain-based SaaS services that provides one-stop blockchain-powered enterprise management solutions in forms of NFT generations, data record, share, and storage module subscriptions, etc. In addition, it distributes health and wellness related products. The company was formerly known as ChinaNet Online Holdings, Inc. and changed its name to ZW Data Action Technologies Inc. in October 2020. The company was founded in 2003 and is based in Central, Hong Kong.
Long Name ZW Data Action Technologies Inc.
Market us_market
Market Cap 3,564,979
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_60809691
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -1,113,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,815,166
Open 0.9896
Operating Cashflow -237,000
Operating Margins 0.20627001
Payout Ratio 0.0
Peg Ratio 0.13
Phone 852 2669 8078
Prev Name ChinaNet Online Holdings, Inc.
Previous Close 1.04
Price Hint 4
Price To Book 0.7367703
Price To Sales Trailing12 Months 1.0657635
Profit Margins -0.33273998
Quick Ratio 0.215
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0681999
Regular Market Change Percent -6.55769
Regular Market Day High 1.0
Regular Market Day Low 0.9286
Regular Market Day Range 0.9286 - 1.0
Regular Market Open 0.9896
Regular Market Previous Close 1.04
Regular Market Price 0.9718
Regular Market Time 1,783,972,801
Regular Market Volume 10,725
Return On Assets -0.08518
Return On Equity -0.29556
Revenue Growth -0.768
Revenue Per Share 1.154
Sand P52 Week Change 0.20847368
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Shares Outstanding 3,668,429
Shares Percent Shares Out 0.0277
Shares Short 101,455
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 45,580
Short Name ZW Data Action Technologies Inc
Short Percent Of Float 0.0335
Short Ratio 0.13
Source Interval 15
Symbol CNET
Total Cash 720,000
Total Cash Per Share 0.196
Total Debt 163,000
Total Revenue 3,345,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.4
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.20485
Two Hundred Day Average Change -0.23304993
Two Hundred Day Average Change Percent -0.19342652
Type Disp Equity
Volume 10,725