MKDWELL Tech
MKDW on Nasdaq. Electronic & other electrical equipment (no computer equip). Market value $6m.
This company reports once a year (it is based outside the US), so every figure comes from its annual report for the year to December 2025.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Technology stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $-0.88 of spare cash last year. A savings account pays about $4.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: not known. Price score: 0 of 100. Our list needs 70 on quality and 60 on price.
$1.38 a share, 2% above its 1-year low
Over the past year the price has ranged from $1.35 to $12.94.
Pays no dividend
Price from Monday’s close (5 October).
Five years of cash, in billions
| Revenue | ||
| Revenue | $2m | $3m |
| Operating margin | ||
| Operating margin | -141.3% | -88.0% |
| Debt to equity | ||
| Debt to equity | n/a | 0.98 |
| Shares outstanding | ||
| Shares outstanding | 0.02bn | 0.14bn |
Health checks
- Free cash flow positive0 of 2 years
- Accounting checksSkipped: company is not yet profitable
- Debt0.98× equity
- Revenue growth, five yearsUnknown
- Buying back its own sharesNo, 659% more shares since 2024
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 30 April 2026
- Next quarterly (estimated, 10-Q)
- n/a
Who owns it
None of the long-term investors we follow own it. 2 funds in all.
Largest holders overall
- Citadel Advisors$266,572New
- UBS Group AG$190Cut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
8 investors own more than 5%.
- Ming-Chia HuangInsider or founder76.4%+69.3 ptsSince 17 July 2026
What they said
The information set forth in Item 3 hereof is hereby incorporated by reference into this Item 4, as applicable. The Reporting Person is the Issuer's director, chairman and chief executive officer as of the date of this filing. Mr. Huang consummated the transactions described…
Read the filing - John FifePassive investor9.7%Since 9 December 2024
- Cetus Sponsor LLCat least 9.1%(filed with 2 related holders)Since 1 April 2025
What they said
The information set forth in Items 3 and 5 is hereby incorporated by reference in its entirety in this Item 4. Upon the consummation of the Business Combination, Chung-Yi Sun was appointed to serve as a director of the Board. As a director of the Company, Mr. Sun may have…
Read the filing - Lu HuangPassive investor8.8%Since 31 March 2026
- Jingyi capital LtdPassive investor8.7%Since 16 July 2025
- Hejing holding LtdPassive investor8.7%Since 27 June 2025
- XUFENT HOLDINGS LtdPassive investor8.1%Since 5 August 2025
- HMInvest IncPassive investor8.1%Since 21 June 2025
- Ya-Hui WuPassive investorSold down below 5%Since 31 March 2026
- Streeterville Capital LLCPassive investorSold down below 5%Since 28 April 2026
| Holder | Stake | Since | |
|---|---|---|---|
Ming-Chia Huang Insider or founder | 76.4%+69.3 pts | 17 July 2026 | What they saidThe information set forth in Item 3 hereof is hereby incorporated by reference into this Item 4, as applicable. The Reporting Person is the Issuer's director, chairman and chief executive officer as of the date of this filing. Mr. Huang consummated the transactions described… Read the filing |
John Fife Passive investor | 9.7% | 9 December 2024 | |
Cetus Sponsor LLC | at least 9.1% (filed with 2 related holders) | 1 April 2025 | What they saidThe information set forth in Items 3 and 5 is hereby incorporated by reference in its entirety in this Item 4. Upon the consummation of the Business Combination, Chung-Yi Sun was appointed to serve as a director of the Board. As a director of the Company, Mr. Sun may have… Read the filing |
Lu Huang Passive investor | 8.8% | 31 March 2026 | |
Jingyi capital Ltd Passive investor | 8.7% | 16 July 2025 | |
Hejing holding Ltd Passive investor | 8.7% | 27 June 2025 | |
XUFENT HOLDINGS Ltd Passive investor | 8.1% | 5 August 2025 | |
HMInvest Inc Passive investor | 8.1% | 21 June 2025 | |
Ya-Hui Wu Passive investor | Sold down below 5% | 31 March 2026 | |
Streeterville Capital LLC Passive investor | Sold down below 5% | 28 April 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $0 of shares on the open market.
- Huang Ming-ChiaChief Executive Officer, DirectorBought
- Date
- 17 July 2026
- Shares
- 26,000,000
- Price
- $0.00
- Value
- $0
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 17 July 2026 | Huang Ming-Chia Chief Executive Officer, Director | Bought | 26,000,000 | $0.00 | $0 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
MKDWELL Tech doesn’t file a US annual report (10-K), so we haven’t checked it.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.