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Meiwu Technology Company Ltd Financials

WNW
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Meiwu Technology Company Ltd (WNW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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 WNW FY2025

Reported cash generation diverged from accounting losses, while a light-liability balance sheet gave the company room to reposition capital.

Accounting loss and cash generation diverged: net income was -$18.6M while operating cash flow was positive $9.0M. That did not strengthen liquidity, because cash fell to $17.9M after investing outflows consumed $41.0M, showing the year's cash movement came more from capital deployment than from earnings power.

Gross profit was only $714K, but SG&A plus R&D reached $6.5M, so the operating loss reflects a cost structure that is far larger than the current sales base. With gross margin at just 10.1%, there is very little room for revenue to cover corporate overhead before losses appear.

Total liabilities were just $1.3M against $49.4M of equity, which means the business is not relying on debt to absorb ongoing losses. Receivables and inventory were only $991K and $83K, respectively, so cash is not heavily tied up in working capital; the bigger cash story is where management chose to invest, not unpaid customers or excess stock.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 36 / 100
Financial Profile 36/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Meiwu Technology Company Ltd'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.

Profitability
0

Meiwu Technology Company Ltd has an operating margin of -124.1%, meaning the company retains $-124 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -1291.6% the prior year.

Growth
1

Meiwu Technology Company Ltd's revenue surged 4368.0% year-over-year to $7.1M, reflecting rapid business expansion. This strong growth earns a score of 1/100.

Leverage
100

Meiwu Technology Company Ltd carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 15.81, Meiwu Technology Company Ltd holds $15.81 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Returns
0

Meiwu Technology Company Ltd generates a -37.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 8.6% the prior year.

Piotroski F-Score Neutral
4/9

Meiwu Technology Company Ltd passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed
-0.49x

For every $1 of reported earnings, Meiwu Technology Company Ltd generates $-0.49 in operating cash flow ($9.0M OCF vs -$18.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$7.1M
YoY+4368.0%
5Y CAGR-20.4%

Meiwu Technology Company Ltd generated $7.1M in revenue in fiscal year 2025. This represents an increase of 4368.0% from the prior year.

EBITDA
-$5.9M
YoY-207.1%

Meiwu Technology Company Ltd's EBITDA was -$5.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 207.1% from the prior year.

Net Income
-$18.6M
YoY-463.5%

Meiwu Technology Company Ltd reported -$18.6M in net income in fiscal year 2025. This represents a decrease of 463.5% from the prior year.

EPS (Diluted)
$-0.82
YoY-282.2%

Meiwu Technology Company Ltd earned $-0.82 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 282.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$17.9M
YoY-58.8%
5Y CAGR+20.5%

Meiwu Technology Company Ltd held $17.9M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
16M
YoY-75.3%

Meiwu Technology Company Ltd had 16M shares outstanding in fiscal year 2025. This represents a decrease of 75.3% from the prior year.

Margins & Returns

Gross Margin
10.1%
YoY-32.3pp
5Y CAGR-8.7pp

Meiwu Technology Company Ltd's gross margin was 10.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 32.3 percentage points from the prior year.

Operating Margin
-124.1%
YoY+1167.5pp
5Y CAGR-114.0pp

Meiwu Technology Company Ltd's operating margin was -124.1% in fiscal year 2025, reflecting core business profitability. This is up 1167.5 percentage points from the prior year.

Net Margin
-262.5%
YoY-3489.8pp
5Y CAGR-252.5pp

Meiwu Technology Company Ltd's net profit margin was -262.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3489.8 percentage points from the prior year.

Return on Equity
-37.6%
YoY-46.3pp
5Y CAGR-24.5pp

Meiwu Technology Company Ltd's ROE was -37.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 46.3 percentage points from the prior year.

Capital Allocation

R&D Spending
$2.7M
YoY+389624.4%
5Y CAGR+38.4%

Meiwu Technology Company Ltd invested $2.7M in research and development in fiscal year 2025. This represents an increase of 389624.4% from the prior year.

Share Buybacks
N/A
Capital Expenditures
N/A

WNW Income Statement

Metric Q4'25 Q2'25 Q4'24 Q2'24 Q4'23 Q2'23 Q4'22 Q2'22
Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income N/A N/A N/A N/A N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

WNW Balance Sheet

Metric Q4'25 Q2'25 Q4'24 Q2'24 Q4'23 Q2'23 Q4'22 Q2'22
Total Assets $50.7M-15.7% $60.1M-1.3% $60.9M+203.5% $20.1M-2.5% $20.6M-45.1% $37.5M-1.3% $38.0M-20.1% $47.5M
Current Assets $20.8M-53.5% $44.8M-26.6% $60.9M+205.4% $20.0M-2.1% $20.4M-10.4% $22.8M-23.8% $29.9M-14.3% $34.8M
Cash & Equivalents $17.9M-46.4% $33.3M-23.2% $43.4M+1303.2% $3.1M-80.7% $16.1M+1.8% $15.8M-33.4% $23.7M-3.1% $24.5M
Inventory $83K+77.4% $47K N/A $93K-2.3% $95K-63.3% $259K-24.8% $345K+2.7% $336K
Accounts Receivable $991K+44.8% $684K N/A $2.0M-30.8% $2.9M-42.6% $5.0M+23.9% $4.0M+357.1% $885K
Goodwill N/A N/A N/A N/A N/A $7.7M0.0% $7.7M-37.0% $12.2M
Total Liabilities $1.3M-22.4% $1.7M-12.3% $2.0M-82.7% $11.4M-1.8% $11.6M-8.6% $12.7M-29.4% $17.9M-22.1% $23.0M
Current Liabilities $1.3M-17.8% $1.6M+136.6% $676K-91.0% $7.5M-1.1% $7.6M-13.7% $8.8M+6.0% $8.3M-1.7% $8.5M
Long-Term Debt N/A N/A N/A N/A N/A N/A $219K-22.3% $282K
Total Equity $49.4M-15.5% $58.4M-1.6% $59.4M+550.9% $9.1M-3.1% $9.4M-62.3% $25.0M+23.7% $20.2M-17.7% $24.6M
Retained Earnings -$46.6M-58.6% -$29.4M-4.9% -$28.0M+16.3% -$33.5M-1.0% -$33.1M-91.1% -$17.3M-1.6% -$17.1M-48.3% -$11.5M

WNW Cash Flow Statement

Metric Q4'25 Q2'25 Q4'24 Q2'24 Q4'23 Q2'23 Q4'22 Q2'22
Operating Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

WNW Financial Ratios

Metric Q4'25 Q2'25 Q4'24 Q2'24 Q4'23 Q2'23 Q4'22 Q2'22
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A N/A N/A N/A N/A
Current Ratio 15.81-12.2 27.98-62.2 90.13+87.5 2.64-0.0 2.67+0.1 2.57-1.0 3.58-0.5 4.10
Debt-to-Equity 0.030.0 0.030.0 0.03-1.2 1.25+0.0 1.23+0.7 0.51+0.5 0.010.0 0.01
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Meiwu Technology Company Ltd (WNW) reported $7.1M in total revenue for fiscal year 2025. This represents a 4368.0% 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.

Meiwu Technology Company Ltd (WNW) revenue grew by 4368% year-over-year, from $158K to $7.1M in fiscal year 2025.

No, Meiwu Technology Company Ltd (WNW) reported a net income of -$18.6M in fiscal year 2025, with a net profit margin of -262.5%.

Meiwu Technology Company Ltd (WNW) reported diluted earnings per share of $-0.82 for fiscal year 2025. This represents a -282.2% 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.

Meiwu Technology Company Ltd (WNW) had EBITDA of -$5.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Meiwu Technology Company Ltd (WNW) had a gross margin of 10.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Meiwu Technology Company Ltd (WNW) had an operating margin of -124.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Meiwu Technology Company Ltd (WNW) had a net profit margin of -262.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Meiwu Technology Company Ltd (WNW) has a return on equity of -37.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Meiwu Technology Company Ltd (WNW) generated $9.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Meiwu Technology Company Ltd (WNW) had $50.7M in total assets as of fiscal year 2025, including both current and long-term assets.

Meiwu Technology Company Ltd (WNW) invested $2.7M in research and development during fiscal year 2025.

Meiwu Technology Company Ltd (WNW) had 16M shares outstanding as of fiscal year 2025.

Meiwu Technology Company Ltd (WNW) had a current ratio of 15.81 as of fiscal year 2025, which is generally considered healthy.

Meiwu Technology Company Ltd (WNW) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Meiwu Technology Company Ltd (WNW) had a return on assets of -36.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Meiwu Technology Company Ltd (WNW) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. 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.

Meiwu Technology Company Ltd (WNW) has an earnings quality ratio of -0.49x, considered mixed quality. 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.

Meiwu Technology Company Ltd (WNW) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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