CSIMarket Company Name, Ticker, Customers, else..
 
Meten Holding Group Ltd  (NASDAQ: METX)
 

Meten Holding Group Ltd's Suppliers Performance

METX's Supply Chain



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METX Costs vs Sales of Suppliers Growth Meten Holding Group Ltd recorded an increase in cost of sales by 1630.26 % year on year, sequentially cost of sales grew by 768.87 % in Q4.

• More on METX Suppliers



Meten Holding Group Ltd recorded increase in cost of sales by 1630.26 % year on year, sequentially cost of sales grew by 768.87 % in Q4.

• More on METX Suppliers




Meten Holding Group Ltd's Comment on Supply Chain


The company utilizes mining machines for cryptocurrency mining, which degrade over time and require repair or replacement. Upgrading equipment involves significant capital investment and timely access to new machines with enhanced processing power. The cost of new mining machines is influenced by the market price of bitcoin and other cryptocurrencies, leading to potential expense fluctuations. Inability to acquire sufficient new or replacement machines at scale may reduce the company's competitiveness and negatively impact its financial performance. Additionally, the company faces unpredictability in equipment costs, which can exceed historical prices, and may occasionally need to purchase machines from third parties at higher prices.

Meten Holding Group Ltd's Comment on Supply Chain


The company utilizes mining machines for cryptocurrency mining, which degrade over time and require repair or replacement. Upgrading equipment involves significant capital investment and timely access to new machines with enhanced processing power. The cost of new mining machines is influenced by the market price of bitcoin and other cryptocurrencies, leading to potential expense fluctuations. Inability to acquire sufficient new or replacement machines at scale may reduce the company's competitiveness and negatively impact its financial performance. Additionally, the company faces unpredictability in equipment costs, which can exceed historical prices, and may occasionally need to purchase machines from third parties at higher prices.







METX's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Meten Holding Group Ltd 16.69 14.04 -9.06 4,500
SUBTOTAL 0.00 0.00 0.00 -


Sources: Meten Holding Group Ltd's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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