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Chaince Digital Holdings Inc. (CD) Financials

CD
FY2025 annual
Revenue $1.9M +277.9% YoY
Net Income -$5.1M -12.4% YoY
EPS (Diluted) -$0.08 -14.3% YoY
Operating Cash Flow -$2.4M +32.6% YoY
Market Cap $762.3M as of Oct 16, 2026
Price / Sales 408x on $1.9M revenue, FY2025
Price / Earnings n/m net loss, so no earnings multiple, FY2025
Price / Book 16.3x on $46.8M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CD SEC filings page.

Chaince Digital Holdings Inc. (CD) reported $1.9M in revenue for fiscal year 2025, up 277.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CD FY2025

Revenue expanded sharply, but gross profit still could not absorb overhead, leaving operations dependent on outside financing.

The key mismatch is that FY2025 gross profit reached $1.2M while SG&A was $4.2M, so improved gross margins did not yet translate into operating profitability. FY2025 financing supplied $13.4M while operating cash flow remained negative, indicating that balance-sheet expansion was supported externally rather than by operations.

Gross margin improved from negative in FY2023 to 47.5% in FY2024 and 64.3% in FY2025, showing a meaningful change in cost-of-revenue economics rather than mere revenue growth. Yet FY2025 operating margin was -202.0%; the gap between gross profit and operating result shows the cost structure remains oversized for the current revenue base.

Despite assets reaching $46.6M, FY2025 return on assets was -10.9%, so the enlarged asset base is not yet generating accounting returns. Low leverage—debt-to-equity was 0.1x—coexisted with negative operating cash flow, separating the balance-sheet posture from cash-generation performance.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Earnings Growth Capital Efficiency CreditQuality Stability 38 / 100
Financial Health Score 38/100
Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Chaince Digital Holdings Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings
6

Chaince Digital Holdings Inc. earned a return on assets of -10.9% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from -12.7% the prior year. Earnings ranks banks on that return over three years, and Chaince Digital Holdings Inc. scores 6/100 among other banks.

Growth
97

Chaince Digital Holdings Inc. reported revenue of $1.9M in fiscal year 2025, against $494K in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Chaince Digital Holdings Inc. scores 97/100 among other banks.

Capital
100

Chaince Digital Holdings Inc. funded 94.5% of its assets with shareholders' equity at the end of fiscal year 2025, holding $44.0M of equity against $46.6M of assets. Capital ranks banks on that cushion, and Chaince Digital Holdings Inc. scores 100/100 among other banks.

Efficiency
0

Not available for Chaince Digital Holdings Inc., and counted as zero in the overall score.

Credit Quality
0

Not available for Chaince Digital Holdings Inc., and counted as zero in the overall score.

Stability
26

Chaince Digital Holdings Inc. reported a net loss of $5.1M in fiscal year 2025, against a loss of $4.5M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Chaince Digital Holdings Inc. scores 26/100 among other banks.

Piotroski F-Score Partial
5/8

Chaince Digital Holdings Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing
N/A

Chaince Digital Holdings Inc. reported a net loss of $5.1M while operations used $2.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

Chaince Digital Holdings Inc. reported an operating loss of $3.8M against $477K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$463K
YoY+98.4%
QoQ-8.7%

Chaince Digital Holdings Inc. generated $463K in revenue in Q2 2026. This represents an increase of 98.4% from the same quarter a year earlier. Against the prior quarter it is down 8.7%.

Net Income
-$1.1M
YoY+28.5%
QoQ+18.3%

Chaince Digital Holdings Inc. reported -$1.1M in net income in Q2 2026. This represents an increase of 28.5% from the same quarter a year earlier. Against the prior quarter it is up 18.3%.

EPS (Diluted)
-$0.01
YoY+50.0%

Chaince Digital Holdings Inc. earned -$0.01 per diluted share (EPS) in Q2 2026. This represents an increase of 50.0% from the same quarter a year earlier.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow
$902K
QoQ+210.7%

Chaince Digital Holdings Inc. generated $902K in free cash flow in Q2 2026, representing cash available after capex. Against the prior quarter it is up 210.7%.

Cash & Debt
$31.0M
YoY+23.1%
QoQ-15.6%

Chaince Digital Holdings Inc. held $31.0M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
79M
YoY+24.6%

Chaince Digital Holdings Inc. had 79M shares outstanding in Q2 2026. This represents an increase of 24.6% from the same quarter a year earlier.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
48.0%
YoY-12.1pp
QoQ+5.1pp

Chaince Digital Holdings Inc.'s gross margin was 48.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 12.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.1 percentage points.

Return on Equity
-2.4%
YoY+2.9pp
QoQ+0.5pp

Chaince Digital Holdings Inc.'s ROE was -2.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.

Operating Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

R&D Spending
$84K
QoQ0.0%

Chaince Digital Holdings Inc. invested $84K in research and development in Q2 2026. It is unchanged from the prior quarter.

Capital Expenditures
$0
QoQ-100.0%

Chaince Digital Holdings Inc. reported no capital expenditure in Q2 2026. Against the prior quarter it is down 100.0%.

Share Buybacks

Not reported for Q2 2026.

CD Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CD quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ4'2310-KQ4'2210-K
Revenue$463K+98.4%$508K+1924.9%N/A$234K$25KN/AN/AN/A
Cost of Revenue$241K+158.4%$290K+329.5%N/A$93K$67KN/AN/AN/A
Gross Profit$223K+58.6%$218K+614.9%N/A$140K-$42KN/AN/AN/A
R&D Expenses$84K$84KN/AN/AN/AN/AN/AN/A
SG&A Expenses$1.5M+50.5%$1.1M+60.4%N/A$985K$713KN/AN/AN/A
Operating Income-$1.4M-60.1%-$1.3M-53.3%N/A-$873K-$853KN/AN/AN/A
Interest Expense$274K+127.8%$252K+392.2%N/A$120K$51KN/AN/AN/A
Income Tax-$104K-76.5%-$33K+65.7%N/A-$59K-$95KN/AN/AN/A
Net Income-$1.1M+28.5%-$1.4M-3.9%N/A-$1.5M-$1.3MN/AN/AN/A
EPS (Basic)-$0.01+50.0%-$0.020.0%N/A-$0.02-$0.02N/AN/AN/A
EPS (Diluted)-$0.01+50.0%-$0.020.0%N/A-$0.02-$0.02N/AN/AN/A
Diluted Shares (Avg)78M+22.5%74M+16.3%N/A64M63MN/AN/AN/A

Not reported in any period shown, so not listed: EBITDA.

CD Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CD quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ4'2310-KQ4'2210-K
Total Assets$49.1M+34.3%$49.7M$46.6M+30.6%$36.6MN/A$35.7M+17.4%$30.4M+60.9%$18.9M+109.5%
Current Assets$47.7M+46.9%$48.3M$45.2M+49.7%$32.5MN/A$30.2M+27.4%$23.7M+215.3%$7.5M+331.5%
Cash & Equivalents$31.0M+23.1%$36.7M$33.8M+41.4%$25.2MN/A$23.9M+48.4%$16.1M+116.4%$7.4M+1590.0%
Short-Term Investments$12.8M+518.6%$3.2M$2.2M+134.3%$2.1MN/A$958K-58.7%$2.3M$0
Accounts Receivable$109K+10.6%$166K$300K$99KN/AN/AN/A$0
Long-Term Investments$123K-84.7%$123K$123K$800KN/A$0-100.0%$160K$0
Total Liabilities$2.4M-67.0%$2.7M$2.6M-77.9%$7.2MN/A$11.6M-7.6%$12.6M+508.6%$2.1M+50.5%
Current Liabilities$1.7M-75.7%$2.0M$1.8M-84.8%$7.1MN/A$11.6M-5.7%$12.3M+758.9%$1.4M+4.2%
Non-Current Liabilities$629K+2394.3%$718K$806K+3097.6%$25KN/A$25K-91.1%$282K-55.5%$634K
Total Equity$46.8M+58.2%$47.0M+51.8%$44.0M+82.8%$29.6M$30.9M$24.1M+35.1%$17.8M+6.0%$16.8M+120.1%
Retained Earnings-$688.0M-0.7%-$686.9M-$685.5M-0.7%-$683.4MN/A-$680.4M-0.6%-$676.7M-1.4%-$667.3M-0.9%

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

CD Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CD quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ4'2310-KQ4'2210-K
Operating Cash Flow$902K+270.5%-$803K-0.4%N/A-$529K-$800KN/AN/AN/A
Stock-Based CompensationN/A$446K+280.0%N/AN/A$117KN/AN/AN/A
Capital Expenditures$0$11KN/AN/AN/AN/AN/AN/A
Free Cash Flow$902K-$815KN/AN/AN/AN/AN/AN/A
Investing Cash Flow-$6.6M-4124.3%-$137K+85.4%N/A-$157K-$937KN/AN/AN/A
Financing Cash Flow$0$3.8M+4.7%N/A$0$3.7MN/AN/AN/A

Not reported in any period shown, so not listed: Depreciation & Amortization, Dividends Paid, Share Buybacks.

CD Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CD quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ4'2310-KQ4'2210-K
Gross Margin48.0%-12.1pp43.0%N/A60.1%-168.9%N/AN/AN/A
Operating Margin-301.8%-257.7%N/A-374.1%-3404.9%N/AN/AN/A
Net Margin-238.5%-266.5%N/A-662.2%-5192.4%N/AN/AN/A
Return on Equity-2.4%+2.9pp-2.9%+1.3ppN/A-5.2%-4.2%N/AN/AN/A
Return on Assets-2.3%+2.0pp-2.7%N/A-4.2%N/AN/AN/AN/A
Current Ratio27.53+23.0x24.4025.71+23.1x4.55N/A2.61+0.7x1.93-3.3x5.26+4.0x
Debt-to-Equity0.05-0.2x0.060.06-0.4x0.24N/A0.48-0.2x0.70+0.6x0.12-0.1x
Asset Turnover0.010.0x0.01N/A0.01N/AN/AN/AN/A
FCF Margin194.7%-160.5%N/AN/AN/AN/AN/AN/A

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.

Frequently Asked Questions

What is Chaince Digital Holdings Inc.'s annual revenue?

Chaince Digital Holdings Inc. (CD) reported $1.9M in total revenue for fiscal year 2025. This represents a 277.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Chaince Digital Holdings Inc.'s revenue growing?

Chaince Digital Holdings Inc. (CD) revenue grew by 277.9% year-over-year, from $494K to $1.9M in fiscal year 2025.

Is Chaince Digital Holdings Inc. profitable?

No, Chaince Digital Holdings Inc. (CD) reported a net income of -$5.1M in fiscal year 2025.

Chaince Digital Holdings Inc. (CD) reported diluted earnings per share of -$0.08 for fiscal year 2025. This represents a -14.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Chaince Digital Holdings Inc. (CD) had a gross margin of 64.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Chaince Digital Holdings Inc. (CD) has a return on equity of -11.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Chaince Digital Holdings Inc. (CD) recorded an outflow of $2.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Chaince Digital Holdings Inc. (CD) had $46.6M in total assets as of fiscal year 2025, including both current and long-term assets.

Chaince Digital Holdings Inc. (CD) invested $147K in research and development during fiscal year 2025.

Chaince Digital Holdings Inc. (CD) had 79M shares outstanding as of fiscal year 2025.

Chaince Digital Holdings Inc. (CD) had a current ratio of 25.71 as of fiscal year 2025, which is generally considered healthy.

Chaince Digital Holdings Inc. (CD) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Chaince Digital Holdings Inc. (CD) had a return on assets of -10.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Chaince Digital Holdings Inc. (CD) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $762.3M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Chaince Digital Holdings Inc. (CD) trades at 408x sales, its market capitalization divided by revenue of $1.9M revenue, FY2025. The market capitalization is $762.3M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Chaince Digital Holdings Inc. (CD) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Chaince Digital Holdings Inc. (CD) reported a net loss of $5.1M while operations used $2.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Chaince Digital Holdings Inc. (CD) reported an operating loss of $3.8M against $477K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Chaince Digital Holdings Inc. (CD) scores 38 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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