January 1, 1970 - MFLTY
Name: Missfresh Limited
Ticker: MFLTY
Exchange: PINK
Industry: Grocery Stores
Sector: Consumer Defensive
Market Cap: $391,680
Missfresh Limited operates in the digital marketing solutions and private label products retail business in China. The company's digital platform offers a wide range of products, including:
Fresh produce (fruits, vegetables, meat, eggs, seafood, dairy)
Fast-moving consumer goods (packaged food, beverages, cosmetics, personal care products)
Missfresh utilizes an online e-commerce platform and distributed micro-warehouse networks for product distribution. Additionally, the company sells its products through vending machines. Founded in 2014, Missfresh is based in Beijing, China.
Unfortunately, the provided data lacks a current quarter transcript, which limits our ability to extract unique insights and perform a comprehensive financial analysis. However, we can still glean valuable information from the available financial data points, such as the balance sheet, cash flow statement, and income statement. These documents provide a glimpse into the company's financial health and performance.
Key Financial Data (CNY)
Metric
2022
2021
2020
Total Revenue
2,761,304,000
6,951,535,000
6,130,437,000
Gross Profit
580,451,000
820,497,000
1,190,421,000
Net Income
-1,510,881,000
-3,849,726,000
-1,649,174,000
Total Assets
181,456,000
3,453,478,000
2,162,762,000
Total Liabilities
1,710,286,000
3,614,064,000
11,356,677,000
Cash Flow from Operations
-682,675,000
-2,589,040,000
-1,611,788,000
Missfresh operates in the competitive Chinese grocery store market, further intensified by the rapidly evolving digital landscape. The company faces challenges such as:
Intense competition from other online grocery platforms
Managing logistics and supply chain complexities
Maintaining profitability in a low-margin industry
However, opportunities for growth and expansion exist, including:
Increasing adoption of online grocery shopping in China
Expanding into new product categories and service offerings
Leveraging data analytics to optimize operations and enhance customer targeting
While the absence of a recent earnings transcript limits a thorough analysis of Missfresh Limited's current financial standing, the provided data offers valuable insights into its historical performance and financial position.
Investing in Missfresh carries inherent risks and rewards. Thorough due diligence, including a review of financial statements, independent research reports, and an assessment of the company's management team and strategic direction, is crucial before making any investment decisions.
"Fun Fact: The Chinese online grocery market is enormous and rapidly expanding, driven by factors such as rising internet and smartphone penetration, increasing disposable incomes, and a growing preference for convenience."