MEGAIN Holding Cayman Co Ltd (6939.HK)

Name: MEGAIN Holding Cayman Co Ltd Financial Statements
Creator: Quarter Results

Technology | Computer Hardware

Latest reporting period: 2026-04-07

Latest Quarter

2026-04-07

Revenue

$35.4M

Net Income

-$19.3M

Operating Margin

-31.2%

Free Cash Flow

-$8.5M

Debt / Assets

9.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for MEGAIN Holding Cayman Co Ltd (6939.HK).
Income Statement (Quarterly)	2026-04-07	2025-06-30	2025-03-31	2024-12-31
Revenue	35,383,000	35,383,000	35,383,000	83,921,000
Cost of Revenue	30,414,000	30,414,000	30,414,000	56,990,000
Gross Profit	4,969,000	4,969,000	4,969,000	26,931,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	10,903,000	10,903,000	10,903,000	18,556,000
Operating Expenses	16,003,500	16,003,500	16,003,500	28,664,000
Operating Income	-11,034,500	-11,034,500	-11,034,500	-1,733,000
Interest Expense	0	0	0	0
Income Before Tax	-18,353,500	-18,353,500	-18,353,500	10,377,000
Income Tax Expense	934,000	934,000	934,000	1,120,000
Net Income	-19,287,500	-19,287,500	-19,287,500	9,257,000
Per Share
EPS	-0.04	-0.04	-0.04	0.02
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for MEGAIN Holding Cayman Co Ltd (6939.HK).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31
Revenue	149,654,000	172,394,000	173,367,000
Cost of Revenue	101,403,000	105,417,000	82,742,000
Gross Profit	48,251,000	66,977,000	90,625,000
Operating Expenses
R&D Expenses	0	0	0
SG&A Expenses	32,781,000	32,376,000	27,147,000
Operating Expenses	53,635,000	46,179,000	42,384,000
Operating Income	-5,384,000	20,798,000	54,765,000
Interest Expense	306,000	144,000	249,000
Income Before Tax	10,806,000	27,353,000	54,434,000
Income Tax Expense	1,144,000	4,141,000	9,542,000
Net Income	9,662,000	23,212,000	44,892,000
Per Share
EPS	0.02	0.04	0.09
EPS Diluted	0.00	0.00	0.00

Balance sheet quarterly history for MEGAIN Holding Cayman Co Ltd (6939.HK).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	172,352,000	183,826,000	277,131,000
Short Term Investments	56,834,000	60,000,000	0
Net Receivables	67,603,000	58,433,000	0
Inventory	33,730,000	40,454,000	20,594,000
Total Current Assets	330,956,000	364,478,000	383,777,000
Property Plant Equipment	6,320,000	8,680,000	5,863,000
Goodwill and Intangibles	24,114,000	15,919,000	13,506,000
Total Assets	410,191,000	390,209,000	404,272,000
Liabilities
Account Payables	17,963,000	6,187,000	11,713,000
Short Term Debt	10,483,000	1,411,000	2,804,000
Total Current Liabilities	38,609,000	18,874,000	38,802,000
Long Term Debt	141,000	467,000	1,166,000
Total Liabilities	39,404,000	19,990,000	40,480,000
Shareholders Equity
Retained Earnings	185,630,000	210,468,000	156,070,000
Total Shareholders Equity	370,787,000	370,219,000	363,792,000

Balance sheet annual history for MEGAIN Holding Cayman Co Ltd (6939.HK).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	172,352,000	183,826,000	277,131,000
Short Term Investments	56,834,000	60,000,000	0
Net Receivables	67,603,000	58,433,000	0
Inventory	33,730,000	40,454,000	20,594,000
Total Current Assets	330,956,000	364,478,000	383,777,000
Property Plant Equipment	6,320,000	8,680,000	5,863,000
Goodwill and Intangibles	24,114,000	15,919,000	13,506,000
Total Assets	410,191,000	390,209,000	404,272,000
Liabilities
Account Payables	17,963,000	6,187,000	11,713,000
Short Term Debt	10,483,000	1,411,000	2,804,000
Total Current Liabilities	38,609,000	18,874,000	38,802,000
Long Term Debt	141,000	467,000	1,166,000
Total Liabilities	39,404,000	19,990,000	40,480,000
Shareholders Equity
Retained Earnings	185,630,000	210,468,000	156,070,000
Total Shareholders Equity	370,787,000	370,219,000	363,792,000

Cash flow quarterly history for MEGAIN Holding Cayman Co Ltd (6939.HK).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	10,806,000	27,353,000	54,434,000
Depreciation & Amortization	6,725,000	5,976,000	5,759,000
Stock Based Compensation	0	0	0
Change in Working Capital	-35,000	-24,532,000	1,864,000
Operating Cash Flow	10,643,000	-9,005,000	55,474,000
Investing Activities
Capital Expenditure	-19,186,000	-10,356,000	-6,449,000
Investments	-10,810,000	-5,403,000	-6,449,000
Investing Cash Flow	-21,052,000	-64,358,000	-2,606,000
Financing Activities
Debt Repayment	10,000,000	-1,000,000	-8,000,000
Common Stock Issued/Repurchased	0	0	0
Dividends Paid	-9,286,000	-17,949,000	-13,141,000
Financing Cash Flow	-1,276,000	-21,106,000	-18,993,000
Summary
Free Cash Flow	-8,543,000	-19,361,000	49,025,000
Net Change in Cash	-11,474,000	-93,305,000	38,784,000

Cash flow annual history for MEGAIN Holding Cayman Co Ltd (6939.HK).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	10,806,000	27,353,000	54,434,000
Depreciation & Amortization	6,725,000	5,976,000	5,759,000
Stock Based Compensation	0	0	0
Change in Working Capital	-35,000	-24,532,000	1,864,000
Operating Cash Flow	10,643,000	-9,005,000	55,474,000
Investing Activities
Capital Expenditure	-19,186,000	-10,356,000	-6,449,000
Investments	-10,810,000	-5,403,000	-6,449,000
Investing Cash Flow	-21,052,000	-64,358,000	-2,606,000
Financing Activities
Debt Repayment	10,000,000	-1,000,000	-8,000,000
Common Stock Issued/Repurchased	0	0	0
Dividends Paid	-9,286,000	-17,949,000	-13,141,000
Financing Cash Flow	-1,276,000	-21,106,000	-18,993,000
Summary
Free Cash Flow	-8,543,000	-19,361,000	49,025,000
Net Change in Cash	-11,474,000	-93,305,000	38,784,000