Meiwu Technology Company
WNWNASDAQUSD
- Source valuation snapshot. Not a live recalculation.
- Latest filed annual earnings; price snapshot date unavailable. Not forward P/E.
- Diluted earnings per share from the latest filed annual.
- $2.01 Prior regular-session close from the quote source.
- $1.96–$1.99 Regular-session low and high so far today.
- 12.6K Regular-session shares traded · Nov 11, 4:00 PM ET.
- Not yet confirmed The company has not confirmed its next report date. Reported quarters are available in the chart’s Earnings view.
- $1.80–$1,352.00 52-week trading low and high returned by the quote source.
Understand the Business
Why the Stock Moved
Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.
The core investment thesis
Own WNW if Meiwu’s FY2025 sales rebound proves to be repeatable, higher-margin demand in its current consumer-products category rather than a cash-funded micro-cap reset.
WNW price history
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Investment thesis
What must happen next
Meiwu’s FY2025 rebound must come from repeat customer/channel demand rather than one-off restart orders or opportunistic transactions; otherwise the business has no durable revenue base.HoldingMateriality: High
Annual GAAP revenue increased to $7.08 million in FY2025 from $0.16 million in FY2024, showing that commercial activity restarted. If repeat demand is real, the company has something to scale; if not, the equity is mostly a cash shell with volatile reported sales.
Watch: Major customers or distributors do not place repeat orders after the FY2025 rebound.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Annual GAAP revenue increased to $7.08 million in FY2025 from $0.16 million in FY2024, showing that commercial activity restarted.
Open source ↗The product/category offering must show differentiation or channel bargaining power; otherwise revenue growth will remain low-quality volume with weak gross profit.WeakeningMateriality: High
Annual GAAP gross profit was $0.71 million in FY2025 on $7.08 million of revenue, implying limited gross-profit capture from the rebound. Gross-profit quality determines whether revenue can ever cover overhead and create business value rather than just increasing activity.
Watch: Large branded and private-label competitors force promotional pricing in cosmetics, cleaning, or related consumer-products categories.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Annual GAAP gross profit was $0.71 million in FY2025 on $7.08 million of revenue, implying limited gross-profit capture from the.
Open source ↗The clean balance sheet can fund a turnaround only if management preserves cash and avoids using the cash cushion on unrelated pivots, promotions, or acquisitions that do not build repeat demand.HoldingMateriality: Medium
Cash and cash equivalents were $17.88 million at FY2025 year-end. Cash gives Meiwu time, but poor capital allocation would transfer value from shareholders to an unproven operating reset.
Watch: Management announces a cash-funded acquisition or business pivot outside the current operating category without evidence of customer demand.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Cash and cash equivalents were $17.88 million at FY2025 year-end.
Open source ↗Meiwu must either rebuild gross-profit scale or materially reduce overhead; otherwise the public-company cost base will overwhelm the operating business.WeakeningMateriality: Medium
Annual GAAP operating income was a loss of $8.79 million in FY2025. Without operating leverage or cost discipline, even a revenue rebound will not translate into shareholder value.
Watch: Corporate overhead, professional fees, or compliance costs remain structurally high relative to the operating business.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Annual GAAP operating income was a loss of $8.79 million in FY2025.
Open source ↗Positive cash flow must come from customer collections tied to sustainable sales, not merely working-capital release or balance-sheet shrinkage.HoldingMateriality: Medium
Annual GAAP operating cash flow was positive $9.04 million in FY2025 after negative $13.62 million in FY2024. Sustainable cash conversion would make the turnaround self-funding; temporary working-capital inflows would not.
Watch: Customer collections slow or receivables build as the company tries to sustain FY2025 sales levels.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Annual GAAP operating cash flow was positive $9.04 million in FY2025 after negative $13.62 million in FY2024.
Open source ↗
Full investment case & evidence
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Original research
Meiwu’s FY2025 rebound must come from repeat customer/channel demand rather than one-off restart orders or opportunistic transactions; otherwise the business has no durable revenue base. If repeat demand is real, the company has something to scale; if not, the equity is mostly a cash shell with volatile reported sales.
The product/category offering must show differentiation or channel bargaining power; otherwise revenue growth will remain low-quality volume with weak gross profit. Gross-profit quality determines whether revenue can ever cover overhead and create business value rather than just increasing activity.
The clean balance sheet can fund a turnaround only if management preserves cash and avoids using the cash cushion on unrelated pivots, promotions, or acquisitions that do not build repeat demand. Cash gives Meiwu time, but poor capital allocation would transfer value from shareholders to an unproven operating reset.
Meiwu must either rebuild gross-profit scale or materially reduce overhead; otherwise the public-company cost base will overwhelm the operating business. Without operating leverage or cost discipline, even a revenue rebound will not translate into shareholder value.
Positive cash flow must come from customer collections tied to sustainable sales, not merely working-capital release or balance-sheet shrinkage. Sustainable cash conversion would make the turnaround self-funding; temporary working-capital inflows would not.
All standing thesis claims
Original report summary
Meiwu’s FY2025 sales rebound proves to be repeatable, higher-margin demand in its current consumer-products category rather than a cash-funded micro-cap reset.
Bull case and bear case
Bull case and bear case for Meiwu Technology Co
Where the evidence on Meiwu Technology Co disagrees: Mixed on the latest evidence (Oct 15, 2026). Of its 5 thesis points, 3 holding and 2 weakening.
Bull case: what the evidence supports
Meiwu’s FY2025 rebound must come from repeat customer/channel demand rather than one-off restart orders or opportunistic transactions; otherwise the business has no durable revenue base.
The clean balance sheet can fund a turnaround only if management preserves cash and avoids using the cash cushion on unrelated pivots, promotions, or acquisitions that do not build repeat demand.
Positive cash flow must come from customer collections tied to sustainable sales, not merely working-capital release or balance-sheet shrinkage.
Bear case: what the evidence questions
The product/category offering must show differentiation or channel bargaining power; otherwise revenue growth will remain low-quality volume with weak gross profit.
Meiwu must either rebuild gross-profit scale or materially reduce overhead; otherwise the public-company cost base will overwhelm the operating business.
Thesis-Break Engine
Thesis-break watch · Meiwu Technology Co
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MARKET + FINANCIAL SNAPSHOT
The numbers behind the thesis
What Changed
- MixedForeign issuer material report (6-K).
Meiwu Technology Co filed an SEC report on 2026-09-23: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.
- MixedForeign issuer material report (6-K).
Meiwu Technology Co filed an SEC report on 2026-09-15: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.
- MixedForeign issuer material report (6-K).
Meiwu Technology Co filed an SEC report on 2026-08-26: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.
Risks / falsifiers
What could break the thesis
- Major customers or distributors do not place repeat orders after the FY2025 rebound.
- Large branded and private-label competitors force promotional pricing in cosmetics, cleaning, or related consumer-products categories.
- Management announces a cash-funded acquisition or business pivot outside the current operating category without evidence of customer demand.
- Corporate overhead, professional fees, or compliance costs remain structurally high relative to the operating business.
- Customer collections slow or receivables build as the company tries to sustain FY2025 sales levels.
WNW news
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Financial statements
WNW income statement
Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.
WNW: quick answers
- What is WNW's short interest?
- As of October 30, 2026, 202,008 WNW shares were sold short, down 7.1% from the count before. At the stock's average daily volume that is 11 days to cover. FINRA publishes the count twice a month. WNW short interest history