50C0 Stock Overview
Operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
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BIT Mining Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.44 |
| 52 Week High | US$6.00 |
| 52 Week Low | US$1.73 |
| Beta | 2.56 |
| 1 Month Change | -6.87% |
| 3 Month Change | 25.77% |
| 1 Year Change | -58.64% |
| 3 Year Change | n/a |
| 5 Year Change | -96.85% |
| Change since IPO | -98.99% |
Recent News & Updates
Recent updates
Shareholder Returns
| 50C0 | DE Software | DE Market | |
|---|---|---|---|
| 7D | -24.7% | -1.6% | -2.0% |
| 1Y | -58.6% | 65.4% | 6.9% |
Return vs Industry: 50C0 underperformed the German Software industry which returned 65.4% over the past year.
Return vs Market: 50C0 underperformed the German Market which returned 6.9% over the past year.
Price Volatility
| 50C0 volatility | |
|---|---|
| 50C0 Average Weekly Movement | 15.1% |
| Software Industry Average Movement | 5.1% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.3% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 50C0's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 50C0's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 75 | Xianfeng Yang | www.btcm.group |
BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates in two segments: Data Center and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines.
BIT Mining Limited Fundamentals Summary
| 50C0 fundamental statistics | |
|---|---|
| Market cap | €31.64m |
| Earnings (TTM) | -€19.44m |
| Revenue (TTM) | €39.68m |
0.8x
P/S Ratio-1.6x
P/E RatioIs 50C0 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 50C0 income statement (TTM) | |
|---|---|
| Revenue | US$41.41m |
| Cost of Revenue | US$35.34m |
| Gross Profit | US$6.06m |
| Other Expenses | US$26.35m |
| Earnings | -US$20.28m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.76 |
| Gross Margin | 14.64% |
| Net Profit Margin | -48.99% |
| Debt/Equity Ratio | 0% |
How did 50C0 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BIT Mining Limited is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alan Hellawell | Deutsche Bank |
| Kevin Dede | H.C. Wainwright & Co. |
| Diying Ji | Oppenheimer & Co. Inc. |