BIT Mining Limited Logo

BIT Mining Limited

BTCM

(1.2)
Stock Price

2,86 USD

-13.48% ROA

-61.58% ROE

-2.54x PER

Market Cap.

24.113.739,00 USD

16.79% DER

0% Yield

-14.73% NPM

BIT Mining Limited Stock Analysis

BIT Mining Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

BIT Mining Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.7x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (7%), which means it has a small amount of debt compared to the ownership it holds

3 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-195.84%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-185.74%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-6) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

BIT Mining Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

BIT Mining Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

BIT Mining Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

BIT Mining Limited Revenue
Year Revenue Growth
2010 23.727.878
2011 36.966.109 35.81%
2012 27.480.330 -34.52%
2013 42.825.696 35.83%
2014 93.456.164 54.18%
2015 15.334.990 -509.43%
2016 1.573.778 -874.41%
2017 19.757.715 92.03%
2018 18.329.553 -7.79%
2019 5.672.307 -223.14%
2020 3.339.047 -69.88%
2021 1.326.856.000 99.75%
2022 650.227.000 -104.06%
2023 41.628.000 -1461.99%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

BIT Mining Limited Research and Development Expenses
Year Research and Development Expenses Growth
2010 9.299.000
2011 19.566.000 52.47%
2012 26.571.000 26.36%
2013 28.686.000 7.37%
2014 59.398.000 51.71%
2015 63.296.000 6.16%
2016 71.595.000 11.59%
2017 68.341.000 -4.76%
2018 61.909.000 -10.39%
2019 48.614.000 -27.35%
2020 30.201.000 -60.97%
2021 3.155.000 -857.24%
2022 3.665.000 13.92%
2023 3.435.332 -6.69%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

BIT Mining Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2010 6.566.635
2011 19.341.607 66.05%
2012 13.514.509 -43.12%
2013 16.810.555 19.61%
2014 34.774.120 51.66%
2015 45.524.983 23.62%
2016 45.502.030 -0.05%
2017 49.844.608 8.71%
2018 45.543.392 -9.44%
2019 37.728.818 -20.71%
2020 27.970.856 -34.89%
2021 25.760.000 -8.58%
2022 22.785.000 -13.06%
2023 115.097.924 80.2%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

BIT Mining Limited EBITDA
Year EBITDA Growth
2010 12.829.319
2011 7.298.965 -75.77%
2012 5.599.657 -30.35%
2013 10.226.657 45.24%
2014 27.366.522 62.63%
2015 -43.320.055 163.17%
2016 -48.933.293 11.47%
2017 -50.791.353 3.66%
2018 -28.695.595 -77%
2019 163.932 17604.57%
2020 -24.151.807 100.68%
2021 -35.942.000 32.8%
2022 -42.090.000 14.61%
2023 151.793.548 127.73%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

BIT Mining Limited Gross Profit
Year Gross Profit Growth
2010 20.403.099
2011 33.079.872 38.32%
2012 24.520.292 -34.91%
2013 38.235.449 35.87%
2014 84.765.496 54.89%
2015 11.583.346 -631.79%
2016 -462.714 2603.35%
2017 11.624.997 103.98%
2018 6.697.485 -73.57%
2019 -2.818.717 337.61%
2020 771.585 465.32%
2021 1.606.000 51.96%
2022 -19.492.000 108.24%
2023 5.888.000 431.05%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

BIT Mining Limited Net Profit
Year Net Profit Growth
2010 5.772.831
2011 2.157.040 -167.63%
2012 679.770 -217.32%
2013 17.499.966 96.12%
2014 25.317.865 30.88%
2015 -49.893.096 150.74%
2016 -28.750.684 -73.54%
2017 -48.570.081 40.81%
2018 -65.659.544 26.03%
2019 -91.385.776 28.15%
2020 -33.841.397 -170.04%
2021 -61.509.000 44.98%
2022 -181.202.000 66.06%
2023 -16.872.000 -973.98%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

BIT Mining Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2010 4
2011 1 0%
2012 0 0%
2013 7 100%
2014 7 0%
2015 -13 158.33%
2016 -7 -100%
2017 -12 45.45%
2018 -16 26.67%
2019 -21 28.57%
2020 -8 -200%
2021 -10 22.22%
2022 -21 55%
2023 -2 -1900%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

BIT Mining Limited Free Cashflow
Year Free Cashflow Growth
2010 9.670.084
2011 9.434.207 -2.5%
2012 -673.202 1501.39%
2013 3.241.290 120.77%
2014 37.620.765 91.38%
2015 4.817.754 -680.88%
2016 -20.338.863 123.69%
2017 -42.463.802 52.1%
2018 -28.664.341 -48.14%
2019 -23.839.041 -20.24%
2020 -10.641.789 -124.01%
2021 -90.870.000 88.29%
2022 -77.343.000 -17.49%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

BIT Mining Limited Operating Cashflow
Year Operating Cashflow Growth
2010 12.512.400
2011 11.046.141 -13.27%
2012 -512.191 2256.64%
2013 4.813.340 110.64%
2014 40.391.643 88.08%
2015 6.527.445 -518.8%
2016 -16.466.632 139.64%
2017 -30.970.838 46.83%
2018 -23.332.752 -32.74%
2019 -23.302.081 -0.13%
2020 -10.416.788 -123.7%
2021 -34.271.000 69.6%
2022 -63.561.000 46.08%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

BIT Mining Limited Capital Expenditure
Year Capital Expenditure Growth
2010 2.842.316
2011 1.611.933 -76.33%
2012 161.011 -901.14%
2013 1.572.050 89.76%
2014 2.770.877 43.27%
2015 1.709.690 -62.07%
2016 3.872.231 55.85%
2017 11.492.964 66.31%
2018 5.331.589 -115.56%
2019 536.960 -892.92%
2020 225.001 -138.65%
2021 56.599.000 99.6%
2022 13.782.000 -310.67%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

BIT Mining Limited Equity
Year Equity Growth
2011 11.829.594
2012 -419.750 2918.25%
2013 133.562.367 100.31%
2014 180.171.817 25.87%
2015 287.490.410 37.33%
2016 260.881.793 -10.2%
2017 231.181.139 -12.85%
2018 160.715.510 -43.84%
2019 81.967.899 -96.07%
2020 59.773.773 -37.13%
2021 209.120.000 71.42%
2022 40.802.000 -412.52%
2023 25.132.000 -62.35%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

BIT Mining Limited Assets
Year Assets Growth
2011 53.660.779
2012 60.774.518 11.71%
2013 158.129.050 61.57%
2014 212.747.517 25.67%
2015 321.095.933 33.74%
2016 299.599.642 -7.18%
2017 266.814.322 -12.29%
2018 181.141.590 -47.3%
2019 102.155.556 -77.32%
2020 72.011.540 -41.86%
2021 301.805.000 76.14%
2022 74.478.000 -305.23%
2023 72.596.000 -2.59%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

BIT Mining Limited Liabilities
Year Liabilities Growth
2011 41.831.185
2012 61.194.268 31.64%
2013 24.566.683 -149.09%
2014 32.575.700 24.59%
2015 33.605.522 3.06%
2016 38.717.849 13.2%
2017 35.633.182 -8.66%
2018 20.426.079 -74.45%
2019 20.187.657 -1.18%
2020 12.237.766 -64.96%
2021 92.685.000 86.8%
2022 33.676.000 -175.23%
2023 47.464.000 29.05%

BIT Mining Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
14.53
Net Income per Share
-0.86
Price to Earning Ratio
-2.54x
Price To Sales Ratio
0.15x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
0.96
EV to Sales
0.16
EV Over EBITDA
0.82
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
-0.39
FreeCashFlow Yield
0
Market Cap
0,02 Bil.
Enterprise Value
0,03 Bil.
Graham Number
6.6
Graham NetNet
-3.14

Income Statement Metrics

Net Income per Share
-0.86
Income Quality
0
ROE
-0.25
Return On Assets
-0.33
Return On Capital Employed
-0.69
Net Income per EBT
1.16
EBT Per Ebit
1.07
Ebit per Revenue
-0.12
Effective Tax Rate
0.58

Margins

Sales, General, & Administrative to Revenue
0.24
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.02
Operating Profit Margin
-0.12
Pretax Profit Margin
-0.13
Net Profit Margin
-0.15

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.55
Return on Tangible Assets
-0.13
Days Sales Outstanding
5.04
Days Payables Outstanding
1.9
Days of Inventory on Hand
0
Receivables Turnover
72.35
Payables Turnover
192.11
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,98
Book Value per Share
2,26
Tangible Book Value per Share
2.08
Shareholders Equity per Share
2.26
Interest Debt per Share
0.38
Debt to Equity
0.17
Debt to Assets
0.06
Net Debt to EBITDA
0.03
Current Ratio
0.74
Tangible Asset Value
0,02 Bil.
Net Current Asset Value
-0,01 Bil.
Invested Capital
17639000
Working Capital
-0,01 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,00 Bil.
Average Payables
0,01 Bil.
Average Inventory
62500
Debt to Market Cap
0.17

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

BIT Mining Limited Dividends
Year Dividends Growth

BIT Mining Limited Profile

About BIT Mining Limited

BIT Mining Limited operates as a cryptocurrency mining company. The company operates through three segments: Mining Pool, Data Center, and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 150 megawatts; and mining pool business, including the domain name and the cryptocurrency wallet of BTC.com, as well as purchases and deploys bitcoin mining machines. The company was formerly known as 500.com Limited and changed its name to BIT Mining Limited in April 2021. BIT Mining Limited was founded in 2001 and is headquartered in Hong Kong.

CEO
Mr. Xianfeng Yang
Employee
75
Address
100 Cyberport Road
Hong Kong, 44306

BIT Mining Limited Executives & BODs

BIT Mining Limited Executives & BODs
# Name Age
1 Mr. Bo Yu
Chief Operating Officer, General Counsel & Chairman of the Board
70
2 Ellen Chiu
Senior IR Director
70
3 Mr. Man San Law
Executive Director
70
4 Mr. Xianfeng Yang
Chief Executive Officer
70
5 Mr. Yuan Qiang
Chief Financial Officer
70
6 Danni Zheng
Vice President & Investment Director
70

BIT Mining Limited Competitors