Chaince Digital Holdings Inc. (CD)
Chaince Digital Holdings Inc. engages in providing financial and advisory services in the North America, Greater China, Southeast Asia, Hong Kong, Singapore, Malaysia, and the United States. The company offers industry advisory and consulting services, such as corporate restructuring, capital markets preparation, regulatory compliance, and business expansion strategies; IPO-related financial advisory and consulting services, including transaction structuring, preparation for regulatory filings, coordination with underwriters and professional advisors, and strategic capital markets advisory; and private investment in public equity advisory and placement-related services comprising identifying potential investors, assisting in transaction structuring, and coordinating the placement process. It also provides transaction execution and brokerage, clearing-related brokerage, referral, and escrow agent services. The company was formerly known as Mercurity Fintech Holding Inc. and changed its name to Chaince Digital Holdings Inc. in November 2025. Chaince Digital Holdings Inc. was incorporated in 2011 and is headquartered in New York, New York.
Sector: Finance Services
Industry: Financial - Capital Markets
Chaince Digital Holdings Inc.
NASDAQ:CDFinancial Services · Financial - Capital Markets
+7.77%$5.55
Prev close$5.15+0.97%Open$5.20+6.73%Now$5.55
Mkt Cap$610.52M
Float70.15M
O/S110M
VOL25K sh
$ Vol$130K
RVOL0.07×
Inst Own7.1%
SI7.3%
Dilution
Financials Summary
Revenue$1.87M
Net Income-$5.1M
Total Assets$46.6M
Free Cash Flow-$2.81M
Debt & Equity
Debt 2%
Equity 98%
Total Debt$1.05M
Total Equity$44.03M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitSep 5, 200610 shares → 1
Balance Sheet Details
Assets$46.6M
Liabilities$2.56M
Accounts Receivable$2.59M
Accounts Payable$55K
Inventory$0
PP&E (Net)$997K
Goodwill$0
Intangible Assets$120K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $1.87M | $1.01M | $446K | $863K | $670K | $1.4M | $1.74M | $36.46M | $88.74M | $73.2M | $11.48M | $30.07M | $36.25M | $27.82M |
| YoY Growth | 85.3% | 125.9% | -48.4% | 28.8% | -52.2% | -19.3% | -95.2% | -58.9% | 21.2% | 537.8% | -61.8% | -17.0% | 30.3% | - |
| Cost of Revenue | $666K | $1.38M | $1.42M | $1.38M | $703K | $154K | $257K | $35.58M | $88.19M | $72.86M | $13.22M | $7.04M | $6.58M | $7.19M |
| Gross Profit | $1.2M | -$376K | -$978K | -$517K | -$33K | $1.33M | $1.48M | $876K | $549K | $344K | -$1.74M | $23.03M | $29.67M | $20.63M |
| Gross Margin | 64.3% | -37.3% | -219.4% | -59.9% | -4.9% | 94.7% | 85.2% | 2.4% | 0.6% | 0.5% | -15.2% | 76.6% | 81.8% | 74.2% |
| Research and Development | $147K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $4M | $2.19M | $2.97M | $2.19M | $12.1M | $2.12M | $1.03M | $10.1M | $21.9M | $27.94M | $18.27M | $66.7M | $59.71M | $59.5M |
| Other | $364K | $2.05M | $4.56M | $3.18M | $1.17M | -$132K | $0 | -$33K | $28K | $39K | $46K | -$196K | $0 | $20K |
| Total Operating Expenses | $4.51M | $4.24M | $7.52M | $5.37M | $13.27M | $1.99M | $1.03M | $10.1M | $21.9M | $27.94M | $18.27M | $66.7M | $59.71M | $59.5M |
| Operating Income (EBIT) | -$3.31M | -$4.62M | -$8.5M | -$5.89M | -$13.31M | $167K | $456K | -$124.4M | -$168.37M | -$27.59M | -$105.95M | -$43.67M | -$32.07M | -$38.87M |
| Operating Margin | -177.5% | -458.3% | -1906.0% | -681.6% | -1985.5% | 11.9% | 26.2% | -341.2% | -189.7% | -37.7% | -923.1% | -145.2% | -88.5% | -139.7% |
| Interest Expense | $134K | $383K | $873K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K | $137K | $224K |
| Interest Income | $612K | $587K | $227K | $5K | $1K | $8K | $279 | $0 | $0 | $26K | $7K | $7K | $44K | $21K |
| Other Income (Expense) | $939K | $419K | -$949K | $2K | $940 | -$25K | $311K | -$123.53M | -$167.32M | $65K | -$85.88M | $4 | -$181K | -$212K |
| Income Before Tax (EBT) | -$2.38M | -$4.2M | -$9.45M | -$5.88M | -$13.31M | -$693K | $483K | -$125.34M | -$168.76M | -$27.53M | -$105.9M | -$43.87M | -$32.25M | -$39.08M |
| Income Tax Expense | -$82K | $337K | -$91K | -$249K | $0 | $0 | $1.71M | -$2.1M | -$6.86M | -$2.23M | -$1.25M | -$81K | -$81K | -$69K |
| Net Income | -$5.1M | -$4.53M | -$9.36M | -$5.63M | -$21.67M | -$1.65M | -$1.23M | -$123.24M | -$161.9M | -$25.29M | -$93.57M | -$43.86M | -$32.17M | -$39.01M |
| Net Income Margin | -273.0% | -450.1% | -2098.4% | -652.6% | -3232.9% | -117.8% | -70.5% | -338.1% | -182.4% | -34.6% | -815.2% | -145.8% | -88.7% | -140.2% |
| Supplementary Data | ||||||||||||||
| EPS | -0.08 | -0.07 | -0.20 | -0.43 | -2.48 | -0.10 | -0.00 | -0.08 | -0.11 | -0.02 | -0.09 | -58.26 | -5.57 | -72.98 |
| Diluted EPS | -0.08 | -0.07 | -0.20 | -0.43 | -2.48 | -0.10 | -0.00 | -0.08 | -0.11 | -0.02 | -0.09 | -57.73 | -5.57 | -72.98 |
| Weighted Average OS | 63.56M | 60.85M | 45.84M | 12.99M | 8.75M | 5.99M | 2.15M | 4.10M | 4.10M | 4.09M | 2.78M | 752,753 | 5.77M | 775,470 |
| EBITDA | -$3.31M | -$2.11M | -$7.9M | -$2.68M | -$12.13M | -$693K | $1.99M | -$124.4M | -$159.72M | -$18.69M | -$15.07M | -$43.86M | -$29.76M | -$36.09M |
| EBITDA Margin | -177.3% | -209.8% | -1772.2% | -310.7% | -1810.7% | -49.4% | 114.6% | -341.2% | -180.0% | -25.5% | -131.3% | -145.8% | -82.1% | -129.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $33.82M | $23.92M | $16.12M | $7.45M | $441K | $175K | $435K | $357K | $4.91M | $2.6M | $11.15M | $1.65M | $419K | $4.25M |
| Short-Term Investments | $2.24M | $958K | $2.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $36.06M | $24.87M | $18.44M | $7.45M | $441K | $175K | $435K | $357K | $4.91M | $2.6M | $11.15M | $1.65M | $419K | $4.25M |
| Accounts Receivable | $2.59M | $5.06M | $5.21M | $36K | $2K | $2.28M | $1.69M | $2.55M | $6.71M | $1.86M | $26.23M | $1.23M | $1.81M | $1.36M |
| Inventory | $0 | $0 | $0 | -$7.52B | -$1.3B | $0 | $585.76M | $586K | $539K | $224K | $94K | $0 | $9.42M | $6.19M |
| Other Current Assets | $6.53M | $94K | $34K | $7.52M | $1.3M | $0 | -$585.76M | $1.99M | $651K | $426K | $233K | $8.85M | $8.25M | $5.08M |
| Total Current Assets | $45.18M | $30.02M | $23.7M | $7.52M | $1.74M | $2.47M | $2.13M | $4.62M | $14.06M | $13.43M | $41.08M | $10.31M | $11.64M | $11.75M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $997K | $2.5M | $5.31M | $6.84M | $0 | $0 | $406.02M | $406K | $1.8M | $1.98M | $478K | $2.57M | $4.09M | $5.35M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $8.11M | $5.53M | $0 | $108.94M | $221.34M | $250.65M | $7.46M | $7.65M | $7.43M |
| Intangible Assets | $120K | $3.14M | $705K | $4.23M | $8.2M | $383K | $1.21M | $0 | $10.26M | $36.27M | $50.56M | $0 | $0 | $2.46M |
| Long-Term Investments | $123K | $0 | $160K | $0 | $0 | $0 | $0 | $0 | $768K | $720K | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $113K | $31K | $342K | $251K | $0 | $0 | $0 | $0 | $157K | $156K | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $64K | $0 | $177K | $57K | $0 | $0 | -$406.02M | $0 | $162K | $152K | $0 | $0 | $0 | -$15.24M |
| Total Long-Term Assets | $1.42M | $5.67M | $6.7M | $11.38M | $8.2M | $8.49M | $6.74M | $406K | $122.09M | $260.62M | $301.69M | $10.04M | $11.74M | $15.24M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | $0 |
| Total Assets | $46.6M | $35.69M | $30.4M | $18.89M | $9.94M | $10.96M | $8.87M | $5.02M | $136.14M | $274.05M | $342.77M | $20.34M | $23.38M | $26.99M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $55K | $19K | $25K | $22K | $0 | $16K | $0 | $2.55M | $3.98M | $2.2M | $3.83M | $0 | $13.44M | $17.27M |
| Short-Term Debt | $0 | $7.5M | $9M | $0 | $1.12M | $0 | $7.27B | $0 | $7.68M | $0 | $0 | $0 | $1.65M | $2.25M |
| Current Income Tax Payable | $0 | $2K | $3K | $3K | $4K | $869 | $8K | $840K | $611K | $146K | $0 | $44K | $56K | $44K |
| Current Unearned Revenue | $256K | $83K | $386K | $80K | $0 | $0 | $422.82M | $423K | $1.24M | $2.28M | $828K | $22.7M | $28.69M | $21M |
| Other Current Liabilities | $982K | $0 | $2.28M | $25K | -$1.25M | $550K | -$7.69M | $19.09M | $5.67M | $10.97M | $89K | $26.57M | $64.21M | $36.09M |
| Total Current Liabilities | $1.76M | $11.58M | $12.28M | $1.43M | $1.37M | $708K | $837K | $20.29M | $22.81M | $15.23M | $24.95M | $67.5M | $96.42M | $67.3M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $25K | $25K | $0 | $0 | $0 | $0 | $0 | $0 | $2.57M | $9.07M | $12.64M | $0 | $0 | $90K |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.92M | $9.79M | $1.35M | $502K | $186.62M | $83.84M | $46.2M |
| Total Long-Term Liabilities | $806K | $25K | $282K | $634K | $0 | $0 | $18.59M | $6.92M | $9.79M | $10.42M | $13.14M | $186.62M | $83.84M | $46.29M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | -$18.59B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.56M | $11.6M | $12.56M | $2.06M | $1.37M | $708K | $837K | $27.21M | $32.59M | $25.65M | $38.09M | $254.12M | $180.26M | $113.58M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $486 | $0 | $124.65M | $83.84M | $46.2M |
| Common Stock | $292K | $249K | $243K | $141K | $49K | $30K | $21K | $15K | $15K | $15K | $14K | $124.65M | $3K | $3K |
| Retained Earnings | -$685.55M | -$680.45M | -$676.68M | -$667.32M | -$660.77M | -$640.02M | -$638.37M | -$637.14M | -$513.9M | -$352M | -$326.71M | -$233.82M | -$161.21M | -$129.03M |
| Comprehensive Income & Other | $1.08M | $1.19M | $1.17M | $1.16M | $1.1M | $1.1M | $1.05M | -$19.07M | -$16.63M | -$32.61M | $908K | -$681K | -$2.71M | -$1.32M |
| Other Stockholders' Equity | $729.29M | $704.29M | $694.27M | $684.01M | $669.28M | $650.24M | $646.38M | $614.94M | $617.44M | $600.39M | $631.38M | -$124.65M | $4.31M | $42.44M |
| Total Equity | $44.03M | $24.09M | $17.83M | $16.83M | $8.57M | $10.25M | $8.03M | -$22.19M | $103.55M | $248.4M | $304.68M | -$233.82M | -$156.89M | -$86.59M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $43K | $0 | $0 |
| Total Liabilities and Equity | $46.6M | $35.69M | $30.4M | $18.89M | $9.94M | $10.96M | $8.87M | $5.02M | $136.14M | $274.05M | $342.77M | $20.3M | $23.38M | $26.99M |
| Supplementary Data | ||||||||||||||
| Total Debt | $1.05M | $7.78M | $9.63M | $904K | $1.12M | $0 | $7.27B | $7.27M | $7.68M | $0 | $0 | $0 | $1.65M | $2.25M |
| Net Debt | -$32.77M | -$16.13M | -$6.48M | -$6.54M | $682K | -$175K | $7.27M | $6.92M | $2.77M | -$2.6M | -$11.15M | -$1.65M | $1.23M | -$2M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$5.1M | -$4.53M | -$9.36M | -$5.63M | -$12.39M | -$1.65M | $483K | -$123.24M | -$161.9M | -$25.29M | -$104.65M | -$43.87M | -$32.17M | -$39.01M |
| Depreciation & Amortization | $3K | $676K | $899K | $29K | $0 | $0 | $1.51M | $1.51M | $8.63M | $8.9M | $4.95M | $1.86M | $2.35M | $2.77M |
| Deferred Income Tax | -$82K | $0 | $0 | -$251K | $0 | $0 | $0 | -$2.1M | -$6.86M | -$2.23M | -$1.25B | -$91.25M | $546K | -$6K |
| Stock-Based Compensation | $1.4M | $0 | $78K | $558K | $8.35M | $286K | $0 | -$57K | $1.07M | $1.1M | $1.23B | $5.76M | $910K | $1.94M |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$302K | $0 | $0 | $0 | $381K | $836K | -$1.65M | $2.75M | -$1.48M | $1.94M | -$3.01M | $446K | -$644K | $719K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$79K | -$288K | -$142K | $957K | -$804K | -$5.3M | $8.35M |
| Accounts Payable | $55K | -$4K | -$22K | $22K | $0 | $0 | $0 | -$3.35M | $1.57M | -$1.44M | $1.87M | $9.65M | -$4.27M | $3.12M |
| Other Working Capital | -$74K | -$1.84M | $46K | $269K | $507K | -$901K | $248K | $3.81M | $1.78M | $9.97M | $3.21M | -$5.61M | $6.88M | $5.53M |
| Total Working Capital Change | -$321K | -$1.85M | $24K | $291K | $888K | -$66K | -$1.4M | $3.13M | $1.58M | $10.32M | $3.03M | $3.68M | -$3.33M | $17.72M |
| Other Non-Cash Items | $1.28M | $2.13M | $5.57M | $4.43M | -$857K | $835K | -$1.24M | $116.43M | $147.6M | $1.38M | $85.93M | $91.86M | $2.94M | $1.94M |
| Net Cash from Operating | -$2.81M | -$3.57M | -$2.79M | -$582K | -$4.01M | -$596K | -$645K | -$4.33M | -$9.87M | -$5.83M | -$33.53M | -$31.96M | -$28.75M | -$14.65M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$1.48M | -$3K | -$3M | -$7K | $0 | -$18K | $0 | -$13K | -$741K | -$1.86M | -$93K | -$590K | -$647K | -$1.15M |
| Acquisitions | $0 | $2M | -$120K | $0 | $0 | $144 | $588K | $0 | $0 | $0 | -$9.8M | $0 | $895 | -$284K |
| Purchases of Investments | $0 | -$365K | -$8.2M | $0 | $0 | $0 | $0 | $0 | $0 | -$720K | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $1.94M | $3.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $309K | $221K | $0 | -$25K | $2.59M | $8K | $0 | -$13K | -$741K | -$720K | -$2M | $4K | $2.71M | $4.43M |
| Net Cash from Investing | -$1.17M | $3.79M | -$7.84M | -$32K | $2.59M | -$10K | $588K | -$13K | -$741K | -$2.58M | -$11.9M | -$587K | $2.07M | $2.99M |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | $180K | -$843K | - | - | - | - | - | - | - | $3.48M | -$2.15M |
| Common Stock Issuance | $17.8M | $10.01M | $11M | $7.9M | $713K | $300K | $0 | $0 | $0 | $0 | $55.29M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$930K | -$700K | $0 | $120K | $0 | $0 | $1.69M | $5.09M | $0 | -$412K | $33.77M | $24.59M | $1.08M |
| Net Cash from Financing | $13.8M | $7.58M | $19.3M | $7.72M | $1.68M | $300K | $0 | $1.69M | $12.64M | $0 | $54.88M | $33.77M | $22.74M | $11.8M |
| Forex Effect | $92K | $45 | -$505 | -$9K | $3K | $45K | $135K | -$1.9M | $280K | -$140K | $50K | $5K | $124K | -$227K |
| Net Change in Cash | $9.9M | $7.8M | $8.67M | $7.1M | $269K | -$260K | $79K | -$4.56M | $2.31M | -$8.55M | $9.51M | $1.23M | -$3.83M | -$84K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$2.81M | -$3.57M | -$2.79M | -$582K | -$4.01M | -$596K | -$645K | -$4.33M | -$9.87M | -$5.83M | -$33.53M | -$31.96M | -$28.75M | -$14.65M |
| Capital Expenditure | $3 | -$3K | -$3M | -$7K | $0 | -$18K | $0 | -$13K | -$741K | -$1.86M | -$93K | -$590K | -$647K | -$1.15M |
| Free Cash Flow | -$2.81M | -$3.58M | -$5.79M | -$590K | -$4.01M | -$614K | -$645K | -$4.34M | -$10.61M | -$7.69M | -$33.62M | -$32.55M | -$29.4M | -$15.8M |
| Cash at Beginning | $23.92M | $16.21M | $7.54M | $441K | $175K | $435K | $357K | $4.91M | $2.6M | $11.15M | $1.65M | $419K | $4.25M | $4.33M |
| Cash at End | $33.82M | $24.01M | $16.21M | $7.54M | $443K | $175K | $435K | $357K | $4.91M | $2.6M | $11.15M | $1.65M | $419K | $4.25M |