NasdaqCM:MTC

Stock Analysis Report

Executive Summary

Mmtec, Inc. develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements in the People’s Republic of China.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Mmtec's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-9.4%

MTC

-4.4%

US Software

0.07%

US Market


1 Year Return

n/a

MTC

19.3%

US Software

8.9%

US Market

Return vs Industry: Insufficient data to determine how MTC performed against the US Software industry.

Return vs Market: Insufficient data to determine how MTC performed against the US Market.


Shareholder returns

MTCIndustryMarket
7 Day-9.4%-4.4%0.07%
30 Day-8.8%-4.4%-0.3%
90 Day-79.6%-9.3%-1.6%
1 Yearn/a21.1%19.3%11.3%8.9%
3 Yearn/a108.2%99.8%46.3%36.8%
5 Yearn/a157.9%139.3%62.1%44.3%

Price Volatility Vs. Market

How volatile is Mmtec's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mmtec undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Mmtec is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Mmtec has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is Mmtec forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.7%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mmtec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Mmtec performed over the past 5 years?

-155.5%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MTC is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

Accelerating Growth: Unable to compare MTC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MTC is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19.1%).


Return on Equity

High ROE: MTC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: MTC is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: MTC is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Mmtec's financial position?


Financial Position Analysis

Short Term Liabilities: MTC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MTC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MTC is debt free.

Reducing Debt: MTC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: MTC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if MTC's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if MTC has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MTC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Mmtec's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate MTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MTC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if MTC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MTC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MTC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Mmtec's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Zhen Fan (41yo)

1.8yrs

Tenure

US$19,600

Compensation

Mr. Zhen Fan serves as Chief Executive Officer & Director at Mmtec, Inc. since January 2018. Mr. Fan serves as Chief Executive Officer & Director at Gujia (Beijing) Technology Co., Ltd. Mr.Fan has served a ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Zhen's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Zhen's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

1.8yrs

Average Tenure

35yo

Average Age

Experienced Management: MTC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

1.5yrs

Average Tenure

43yo

Average Age

Experienced Board: MTC's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Qiong Yu

    IR Manager

    • Tenure: 0yrs
  • Zhen Fan (41yo)

    CEO & Director

    • Tenure: 1.8yrs
    • Compensation: US$19.60k
  • Min Kong (30yo)

    Chief Financial Officer

    • Tenure: 1.8yrs
    • Compensation: US$37.72k
  • Zhengfei Li (35yo)

    Chief Technology Officer

    • Tenure: 1.8yrs

Board Members

  • Eason Zhang (44yo)

    Independent Director

    • Tenure: 1.5yrs
  • Zhen Fan (41yo)

    CEO & Director

    • Tenure: 1.8yrs
    • Compensation: US$19.60k
  • Dongqiang Wang (33yo)

    Independent Director

    • Tenure: 1.5yrs
  • Xiangdong Wen (34yo)

    Chairman of the Board

    • Tenure: 1.8yrs
  • Qian Ruan (43yo)

    Director

    • Tenure: 1.5yrs
  • Qingshun Meng (59yo)

    Independent Director

    • Tenure: 1.5yrs
  • Shuguo Li (67yo)

    Independent Director

    • Tenure: 1.5yrs

Company Information

Mmtec, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mmtec, Inc.
  • Ticker: MTC
  • Exchange: NasdaqCM
  • Founded: 2015
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$55.995m
  • Shares outstanding: 20.07m
  • Website: https://www.51mm.com

Number of Employees


Location

  • Mmtec, Inc.
  • Air China Century Building
  • Room 608A
  • Beijing
  • Beijing Province
  • 100020
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTCNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDJan 2019

Biography

Mmtec, Inc. develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements in the People’s Republic of China. It offers Internet-based securit ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:47
End of Day Share Price2019/10/22 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.