Nano Magic Holdings Inc.
General ticker "NMGX" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $9.6M (TTM average)
Nano Magic Holdings Inc. does not follow the US Stock Market performance with the rate: -37.2%.
Estimated limits based on current volatility of 1.3%: low 0.65$, high 0.67$
Factors to consider:
- Current price 13.8% above estimated high
- Earnings for 6 months up through Q2 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [0.25$, 0.92$]
- 2024-12-30 to 2025-12-30 estimated range: [0.14$, 0.58$]
Financial Metrics affecting the NMGX estimates:
- Negative: Non-GAAP EPS, $ of -0.25 <= 0.04
- Negative: Operating cash flow per share per price, % of -16.15 <= 1.79
- Negative: negative Net income
- Positive: 22.52 < Shareholder equity ratio, % of 37.26 <= 43.26
- Negative: negative Operating income
- Positive: 0 < Industry earnings per price (median), % of 2.83
- Positive: Inventory ratio change, % of -6.21 <= -1.01
- Positive: 2.82 < Industry operating cash flow per share per price (median), % of 5.93
Short-term NMGX quotes
Long-term NMGX plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $5.04MM | $2.67MM | $2.79MM |
| Operating Expenses | $6.81MM | $6.03MM | $5.63MM |
| Operating Income | $-1.77MM | $-3.35MM | $-2.84MM |
| Non-Operating Income | $0.19MM | $0.10MM | $-0.01MM |
| Interest Expense | $0.02MM | $0.03MM | $0.04MM |
| R&D Expense | $0.03MM | $0.02MM | $0.05MM |
| Income(Loss) | $-1.57MM | $-3.25MM | $-2.86MM |
| Other Income(Loss) | $0.00MM | $1.15MM | $0.00MM |
| Profit(Loss)* | $-1.59MM | $-0.95MM | $-2.86MM |
| Stockholders Equity | $1.92MM | $1.62MM | $1.31MM |
| Inventory | $1.38MM | $1.12MM | $0.85MM |
| Assets | $4.11MM | $4.09MM | $3.52MM |
| Operating Cash Flow | $-1.38MM | $-1.71MM | $-1.54MM |
| Capital expenditure | $0.13MM | $0.00MM | $0.01MM |
| Investing Cash Flow | $-0.13MM | $0.02MM | $0.04MM |
| Financing Cash Flow | $1.46MM | $1.71MM | $1.77MM |
| Earnings Per Share** | $-0.17 | $-0.09 | $-0.25 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.