WNWNasdaqSoap, Detergents, Cleang Preparations, Perfumes, CosmeticsUS GAAP · USD

Meiwu Technology Co Ltd

Meiwu Technology Co Ltd is a British Virgin Islands holding company with operating subsidiaries in China focused on functional skincare and related health technology activities. The company also holds interests in other operating businesses and uses a multi-entity structure centered on Xiamen, Fujian.

Liikevaihto7,1milj. USD
+4 368,0 %v/v
Liikevoitto (EBIT)−8,8milj. USD
−329,3 %v/v
EBIT-marginaali−124,1%
+1 167,5 %-yks.v/v
Nettotulos−18,6milj. USD
−463,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−100102030milj. USD2020: 22 milj. USD2020: EBIT −2,2 milj. USD20202021: 12 milj. USD2021: EBIT −1,1 milj. USD20212022: 11 milj. USD2022: EBIT −3,7 milj. USD20222023: 11 milj. USD2023: EBIT −1,5 milj. USD20232024: 0,16 milj. USD2024: EBIT −2,0 milj. USD20242025: 7,1 milj. USD2025: EBIT −8,8 milj. USD20257,1−8,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Functional skincare60 %

Skincare products and related consumer beauty offerings centered on functional positioning.

Health technology services25 %

Operating-business activities conducted through subsidiaries in health technology-related areas.

Equity investments and subsidiaries10 %

Ownership of operating subsidiaries and acquired businesses that support the group structure.

Treasury and digital assets5 %

Corporate treasury allocation activities, including bitcoin holdings as disclosed by the company.

Tuotteet

Raportoitu · osuus liikevaihdosta
97,7%FY2025100 %
  • Products97,7 %
  • Services2,3 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company’s direct buyers are consumers and channels that purchase skincare and beauty products, with demand tied to personal care, wellness, and product efficacy. Its subsidiary businesses may also serve commercial counterparties in China through operating and acquired entities. The treasury asset allocation activity is not customer-facing, but it affects the capital structure and risk profile of the group.

Consumer skincare buyers

They buy functional skincare products for daily use, beauty, and skin-specific needs.

Health and wellness buyers

They buy products or services tied to wellness, care, or health-oriented consumer needs.

Subsidiary business counterparties

They transact with operating subsidiaries for products, services, or acquired business activities.

Treasury stakeholders

They are not customers, but they are exposed to the company’s capital allocation and digital asset choices.

Strategia

The company is building around functional skincare and related health technology activities while expanding through acquisitions of operating businesses. It also appears to use a holding-company structure to own subsidiaries and manage capital allocation, including digital assets. These priorities suggest a mix of consumer operating business development and portfolio-style ownership of subsidiaries and treasury assets.

Grow functional skincare operationsLyhyt aikaväli

Core consumer product activity is the most visible operating business and likely the main commercial platform.

Acquire complementary operating businessesLyhyt aikaväli

Acquisitions broaden the operating base and can add scale, customers, and capabilities.

Manage treasury allocationLyhyt aikaväli

Digital asset and cash deployment choices affect liquidity, volatility, and capital preservation.

Maantiede

Meiwu is legally organized through a British Virgin Islands parent, while principal executive activities are conducted from Xiamen, Fujian in China. The disclosed operating footprint is China-centered, and the company has also used U.S. SEC reporting and capital-markets access as part of its structure. Geography matters because the business depends on Chinese operating subsidiaries, while foreign issuer status and offshore entities shape legal and financing flexibility.

Riskit

The business is exposed to execution risk around acquisitions, integration, and the development of its skincare platform. As a consumer-facing company with China-based operations and offshore corporate structure, it also faces regulatory, operational, and market-access complexity. Treasury exposure to bitcoin adds valuation and volatility risk that can affect the balance sheet and investor perception.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Acquisition integration and execution risk1China operating and regulatory risk2Digital asset valuation risk3
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Acquisition integration and execution riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company has pursued equity acquisitions, which can create integration challenges and distraction.

    Kohdistuu: Xiamen Hemeitong acquisition and related subsidiary integration

  2. China operating and regulatory riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Principal operations and executive activity are centered in China, exposing the business to local regulation and execution risk.

    Kohdistuu: China-based subsidiaries and operating assets

  3. Digital asset valuation riskVaikutus: KeskitasoTodennäköisyys: Korkea

    Planned bitcoin treasury allocation can introduce mark-to-market volatility and impairment considerations.

    Kohdistuu: Treasury holdings and capital deployment

Kirjanpito

Harkinnanvaraiset erät
Business combinations

Acquisitions require fair value allocation and can create goodwill or intangible assets that affect future impairment risk.

Vaikutus: Can materially change assets, goodwill, and future earnings

Treasury asset valuation

Bitcoin holdings may need fair value or impairment-related accounting depending on applicable standards and jurisdiction.

Vaikutus: Can introduce volatility in reported assets and income

Consolidation and intercompany eliminations

A holding-company structure with multiple subsidiaries requires careful consolidation and elimination entries.

Vaikutus: Affects reported revenue, assets, and liabilities

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Meiwu Technology Co Ltd (Nasdaq) – Soap, Detergents, Cleang Preparations, P | Analyysi – Clarifo