View Future GrowthToken Cat 과거 순이익 실적과거 기준 점검 3/6Token Cat은 연평균 8.9%의 비율로 수입이 증가해 온 반면, Media 산업은 수입이 8.9% 증가했습니다. 매출은 연평균 47.7%의 비율로 감소했습니다. Token Cat의 자기자본이익률은 32.2%이고 순이익률은 718.5%입니다.핵심 정보8.86%순이익 성장률20.64%주당순이익(EPS) 성장률Media 산업 성장률13.17%매출 성장률-47.69%자기자본이익률32.16%순이익률718.50%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Sep 16First half 2025 earnings released: CN¥5.74 loss per share (vs CN¥463 loss in 1H 2024)First half 2025 results: CN¥5.74 loss per share (improved from CN¥463 loss in 1H 2024). Revenue: CN¥19.8m (down 39% from 1H 2024). Net loss: CN¥675.0k (loss narrowed 98% from 1H 2024).Reported Earnings • Mar 30Full year 2024 earnings released: CN¥86.73 loss per share (vs CN¥48.95 loss in FY 2023)Full year 2024 results: CN¥86.73 loss per share (further deteriorated from CN¥48.95 loss in FY 2023). Revenue: CN¥49.2m (down 70% from FY 2023). Net loss: CN¥188.0m (loss widened 127% from FY 2023).Reported Earnings • Mar 31Full year 2023 earnings released: CN¥48.95 loss per share (vs CN¥119 loss in FY 2022)Full year 2023 results: CN¥48.95 loss per share (improved from CN¥119 loss in FY 2022). Revenue: CN¥162.4m (down 11% from FY 2022). Net loss: CN¥83.0m (loss narrowed 48% from FY 2022).Reported Earnings • Oct 02First half 2023 earnings released: CN¥1.23 loss per share (vs CN¥2.91 loss in 1H 2022)First half 2023 results: CN¥1.23 loss per share (improved from CN¥2.91 loss in 1H 2022). Revenue: CN¥92.2m (up 3.3% from 1H 2022). Net loss: CN¥30.7m (loss narrowed 45% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 31Full year 2022 earnings released: CN¥7.92 loss per share (vs CN¥5.32 loss in FY 2021)Full year 2022 results: CN¥7.92 loss per share (further deteriorated from CN¥5.32 loss in FY 2021). Revenue: CN¥183.2m (down 49% from FY 2021). Net loss: CN¥158.1m (loss widened 55% from FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 30First half 2022 earnings released: EPS: CN¥0 (vs CN¥1.18 loss in 1H 2021)First half 2022 results: EPS: CN¥0. Revenue: CN¥89.2m (down 58% from 1H 2021). Net loss: CN¥56.2m (loss widened 149% from 1H 2021).모든 업데이트 보기Recent updates공시 • May 01Token Cat Limited announced delayed 20-F filingOn 04/30/2026, Token Cat Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.New Risk • Apr 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (over 139x increase in shares outstanding). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).Board Change • Mar 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Wentao Deng is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 07Token Cat Ltd Announces Board and Committee Changes , Effective February 6, 2026Token Cat Ltd. announced that effective February 6, 2026, Mr. Jintao Lin resigned as a director of Token Cat Limited. Effective February 6, 2026, the board of directors of the Company appointed Ms. Furong Tian as a director of the Company and the chair of the Audit Committee. From August 2023 to February 2026, Ms. Furong Tian served as Finance Manager of Beijing Taihua Digital Intelligence Business Management Co. Ltd. From April 2020 to February 2023, Ms. Tian served as Finance Manager of Shenzhou Wangwei Technology (Beijing) Co. Ltd. From May 2011 to April 2014, Ms. Tian worked at Pricewaterhouse Coopers Zhong Tian LLP as an auditor. Ms. Tian has a master's degree in Financial Management from Tianjin Polytechnic University.공시 • Dec 17Token Cat Limited announced that it expects to receive $99.99999 million in funding from Autozi Internet Technology (Global) Ltd.Token Cat Limited announced a private placement to issue equity 3,333,333 equity shares at a price of $30 per share for aggregate gross proceeds of $99,999,990 on December 17, 2025. The transaction will include participation from Autozi Internet Technology (Global) Ltd.공시 • Nov 27Token Cat Limited Announces Appointment of Sav Persico as Chief Operating OfficerToken Cat Limited announced the appointment of Sav Persico as Chief Operating Officer, effective immediately. Sav Persico has more than three decades of leadership experience in crypto assets, cryptocurrency investment, blockchain systems, and technology operations management. He has been responsible for building several key blockchain infrastructure projects and data platforms. His strengths include cross-team collaboration, organizational management, and driving the implementation of complex systems. He plays a central role in driving the Company's crypto asset strategy, forging key industry partnerships, and building collaborative synergies across the blockchain ecosystem. As Chief Operating Officer, Sav will be responsible for advancing the Company's operational development and strategic execution in the crypto asset and cryptocurrency sectors, further strengthening Token Cat's competitiveness in enterprise-level crypto asset management. His core responsibilities include: building a crypto asset operations framework centered around major cryptocurrencies such as Bitcoin and Ethereum; establishing a crypto asset management structure encompassing risk control, asset allocation, and yield optimization; evaluating and driving strategic synergies across crypto ecosystems, blockchain infrastructure, and related business models.Reported Earnings • Sep 16First half 2025 earnings released: CN¥5.74 loss per share (vs CN¥463 loss in 1H 2024)First half 2025 results: CN¥5.74 loss per share (improved from CN¥463 loss in 1H 2024). Revenue: CN¥19.8m (down 39% from 1H 2024). Net loss: CN¥675.0k (loss narrowed 98% from 1H 2024).New Risk • Aug 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CN¥141m). Shareholders have been substantially diluted in the past year (over 19x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$17.8m market cap).New Risk • Apr 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 80% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥35m free cash flow). Negative equity (-CN¥141m). Shareholders have been substantially diluted in the past year (80% increase in shares outstanding). Market cap is less than US$10m (US$2.02m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).Reported Earnings • Mar 30Full year 2024 earnings released: CN¥86.73 loss per share (vs CN¥48.95 loss in FY 2023)Full year 2024 results: CN¥86.73 loss per share (further deteriorated from CN¥48.95 loss in FY 2023). Revenue: CN¥49.2m (down 70% from FY 2023). Net loss: CN¥188.0m (loss widened 127% from FY 2023).New Risk • Mar 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (US$1.39m market cap). Minor Risks Negative equity (-CN¥5.7m). Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change).공시 • Jan 15TuanChe Limited, Annual General Meeting, Feb 10, 2025TuanChe Limited, Annual General Meeting, Feb 10, 2025, at 10:00 China Standard Time. Location: 9f,ruihai building, no. 21 yangfangdian road, haidian district, beijing 100038, ChinaNew Risk • Dec 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (US$1.89m market cap). Minor Risks Negative equity (-CN¥5.7m). Shareholders have been diluted in the past year (9.1% increase in shares outstanding).분석 기사 • Dec 24TuanChe Limited (NASDAQ:TC) Shares Fly 38% But Investors Aren't Buying For GrowthThose holding TuanChe Limited ( NASDAQ:TC ) shares would be relieved that the share price has rebounded 38% in the last...분석 기사 • Oct 31Little Excitement Around TuanChe Limited's (NASDAQ:TC) Revenues As Shares Take 46% PoundingThe TuanChe Limited ( NASDAQ:TC ) share price has fared very poorly over the last month, falling by a substantial 46...공시 • Oct 25TuanChe Limited has filed a Follow-on Equity Offering in the amount of $2.207462 million.TuanChe Limited has filed a Follow-on Equity Offering in the amount of $2.207462 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 761,719 Price\Range: $1.449 Security Name: Pre Funded Warrants Security Type: Equity Warrant Securities Offered: 761,719 Price\Range: $1.449 Transaction Features: Registered Direct OfferingNew Risk • Sep 08New minor risk - Negative shareholders equityThe company has negative equity. Total equity: -CN¥5.7m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥34m free cash flow). Market cap is less than US$10m (US$3.10m market cap). Minor Risks Negative equity (-CN¥5.7m). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (9.8% increase in shares outstanding).분석 기사 • Aug 20TuanChe Limited's (NASDAQ:TC) Share Price Is Matching Sentiment Around Its RevenuesTuanChe Limited's ( NASDAQ:TC ) price-to-sales (or "P/S") ratio of 0.1x might make it look like a buy right now...Board Change • May 14Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Zijing Zhou was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • May 04TuanChe Limited's (NASDAQ:TC) Price Is Right But Growth Is Lacking After Shares Rocket 32%TuanChe Limited ( NASDAQ:TC ) shares have had a really impressive month, gaining 32% after a shaky period beforehand...New Risk • Apr 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥75m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (US$3.00m market cap). Minor Risk Shareholders have been diluted in the past year (5.4% increase in shares outstanding).New Risk • Apr 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥75m free cash flow). Market cap is less than US$10m (US$3.48m market cap). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).Reported Earnings • Mar 31Full year 2023 earnings released: CN¥48.95 loss per share (vs CN¥119 loss in FY 2022)Full year 2023 results: CN¥48.95 loss per share (improved from CN¥119 loss in FY 2022). Revenue: CN¥162.4m (down 11% from FY 2022). Net loss: CN¥83.0m (loss narrowed 48% from FY 2022).분석 기사 • Feb 12Benign Growth For TuanChe Limited (NASDAQ:TC) Underpins Stock's 40% PlummetTo the annoyance of some shareholders, TuanChe Limited ( NASDAQ:TC ) shares are down a considerable 40% in the last...공시 • Feb 12TuanChe Regains Compliance with Nasdaq's Minimum Bid Price RequirementTuanChe Limited announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated February 9, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). As previously announced, TuanChe received a notification letter (the "Deficiency Notice") from the Nasdaq dated February 17, 2023 indicating that the closing bid price for the Company's American depositary shares (the "ADSs") was below the minimum bid price of $1.00 required for continued listing under the Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days. According to the Deficiency Notice, if at any time during the 180-day compliance period, the closing bid price of the Company's ADSs is at least $1.00 for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. According to the Compliance Notice, the closing bid price of the Company's ADSs has been at $1.00 per ADS or greater for 10 consecutive business days from January 26 through February 8, 2024. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed.분석 기사 • Dec 21TuanChe Limited (NASDAQ:TC) Not Doing Enough For Some Investors As Its Shares Slump 28%To the annoyance of some shareholders, TuanChe Limited ( NASDAQ:TC ) shares are down a considerable 28% in the last...New Risk • Oct 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.44m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥107m free cash flow). Market cap is less than US$10m (US$9.44m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).공시 • Oct 19TuanChe Limited, Annual General Meeting, Nov 22, 2023TuanChe Limited, Annual General Meeting, Nov 22, 2023, at 10:00 China Standard Time. Location: 9F, Ruihai Building, No. 21 Yangfangdian Road Beijing China Agenda: To consider the ratification of the appointment of Marcum Asia CPAs LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023; to consider the ratification of the appointment of Mr. Tong Zhang as an independent director of the board of directors of the Company (the "Board"), a member of the audit committee of the Board and a member of the nominating and corporate governance committee of the Board; and to discuss other matters.Reported Earnings • Oct 02First half 2023 earnings released: CN¥1.23 loss per share (vs CN¥2.91 loss in 1H 2022)First half 2023 results: CN¥1.23 loss per share (improved from CN¥2.91 loss in 1H 2022). Revenue: CN¥92.2m (up 3.3% from 1H 2022). Net loss: CN¥30.7m (loss narrowed 45% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.공시 • Sep 29TuanChe Limited Provides Earnings Guidance for the Second Half of 2023TuanChe Limited provided earnings guidance for the second half of 2023. For the second half, the company expects net revenues to range from approximately RMB70.0 million to RMB100.0 million, representing an approximate year-over-year decrease of 25.5% to increase of 6.4%.공시 • Aug 22TuanChe Limited Receives Second Compliance Period Granted by NasdaqTuanChe Limited announced that on August 18, 2023, it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq"), granting the Company a second period of 180 calendar days, or until February 12, 2024, to regain compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules. As previously disclosed, on February 17, 2023, the Company received a letter from Nasdaq, indicating that the Company is no longer in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules, as the Company's closing bid price per American depositary share ("ADS") had been below $1.00 for a period of 30 consecutive business days. The Company was given a period of 180 calendar days, or until August 16, 2023, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company's ADSs must meet or exceed $1.00 per ADS for a minimum of 10 consecutive business days on or prior to February 12, 2024. As required by Nasdaq, the Company confirmed that it would implement a reverse stock split or ADS ratio change, if necessary, to regain compliance with the minimum bid price requirement. The Company intends to continue to actively monitor the minimum bid price requirement and, as appropriate, will consider available options to resolve any deficiencies and regain compliance.공시 • Jun 16TuanChe Limited Appoints Simon Li as Chief Financial OfficerTuanChe Limited announced the appointment of Mr. Simon Li as chief financial officer, effective from June 15, 2023. Mr. Simon Li has extensive experience in investment and corporate finance. Prior to joining the Company, Mr. Simon Li served as a partner at Hongmenge (Beijing) Private Equity Management Co. Ltd. from June 2020 to May 2023, leading its financing and investment portfolio management business lines. Prior to that, Mr. Li was the general manager of the capital market department of Chang'An NIO New Energy Automotive Technology Co. Ltd. (now AVATR Technology (Chongqing) Co. Ltd.), a joint venture formed by Chang'An Auto and NIO. Mr. Li, as one of the founding partners, served as a managing director and the head of fund risk control at Ether Capital from April 2014 to August 2019. Mr. Li was an investment manager at Digital China from April 2012 to March 2014, and an associate manager in the transactions and restructuring department of KPMG Advisory (China) Limited from September 2009 to April 2012. Mr. Li received a bachelor's degree in international economics and trade from Beijing University of Commerce and Industry in 2007 and a degree of master of science in the field of quantitative and applied statistics from the University of Pennsylvania. Mr. Li is currently pursuing an executive master's degree of business administration in Tsinghua University.공시 • May 25TuanChe Limited Announces Board ChangesTuanChe Limited announced a change in its board of directors. Mr. Fei Han tendered to the Board his resignation as an independent director of the Board, a member of the Audit Committee of the Board and a member of the Nominating and Corporate Governance Committee of the Board for personal reasons, effective from May 24, 2023. Mr. Fei Han's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practice. The Board appointed Mr. Tong Zhang as an independent director of the Board, a member of the Audit Committee of the Board and a member of the Nominating and Corporate Governance Committee of the Board, effective from May 24, 2023. Upon the effectiveness of Mr. Fei Han's resignation and the appointment of Mr. Tong Zhang, the Board consisted of five directors, including three independent directors. As a foreign private issuer, the Company is permitted to rely on home country practice under the Nasdaq Stock Market Rules with respect to its board and committee composition. Mr. Tong Zhang has over 10 years of experiences in the fields of vehicle trading, e-commerce and technology research, particularly with respect to vehicle electrification, vehicle intelligence and V2X (vehicle-to-everything) technologies. Since 2015, Mr. Tong Zhang has served as vice president of the Automotive Intelligent Industry Research Institute of the Ministry of Industry and Information Technology, where he also serves as the secretary general of the Automotive Intelligent Services Consortium and focuses on the integration of domestic and foreign advanced technologies in the automotive industry, promoting the innovative development and transformation of automotive services. Prior to that, Mr. Tong Zhang served as the deputy director of the China Automobile Dealers Association from 2012 to 2015, where he participated in and presided over the drafting and promulgation of the first national standard in the domestic automobile dealing industry for used car inspection. Mr. Tong Zhang received his bachelor's and master's degrees in economics and management from Beijing Administration College in 2002 and 2004, respectively.분석 기사 • Apr 17TuanChe Limited (NASDAQ:TC) Investors Are Less Pessimistic Than ExpectedWith a median price-to-sales (or "P/S") ratio of close to 0.9x in the Media industry in the United States, you could be...Reported Earnings • Mar 31Full year 2022 earnings released: CN¥7.92 loss per share (vs CN¥5.32 loss in FY 2021)Full year 2022 results: CN¥7.92 loss per share (further deteriorated from CN¥5.32 loss in FY 2021). Revenue: CN¥183.2m (down 49% from FY 2021). Net loss: CN¥158.1m (loss widened 55% from FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.공시 • Feb 18TuanChe Limited Announces Appointment of Wei Wen as Acting Chief Financial OfficerTuanChe Limited announced that the board of directors of the Company has appointed Mr. Wei Wen, the Chief Executive Officer of the Company, as the acting chief financial officer of the Company, effective on February 17, 2023, while the Company continues its active search for the right candidate to join the Company as chief financial officer.공시 • Dec 24TuanChe Limited Announces Resignation of Chenxi Yu as Deputy Chief Financial OfficerTuanChe Limited announced that Mr. Chenxi Yu, the Company's Deputy Chief Financial Officer, informed the Company of his intention to resign from his position due to personal reasons. The resignation of Mr. Yu is effective immediately and did not result from any disagreement with the Company. The Board is actively seeking qualified talents to fill the vacancy created by Mr. Yu's resignation.공시 • Oct 01TuanChe Limited, Annual General Meeting, Nov 04, 2022TuanChe Limited, Annual General Meeting, Nov 04, 2022, at 10:00 China Standard Time. Location: 9F, Ruihai Building, No. 21 Yangfangdian Road, Haidian District Beijing China Agenda: To consider the ratification of the appointment of Marcum Asia CPAs LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2022.Reported Earnings • Sep 30First half 2022 earnings released: EPS: CN¥0 (vs CN¥1.18 loss in 1H 2021)First half 2022 results: EPS: CN¥0. Revenue: CN¥89.2m (down 58% from 1H 2021). Net loss: CN¥56.2m (loss widened 149% from 1H 2021).공시 • Sep 30TuanChe Limited Revises Revenue Guidance for the Second Half of 2022TuanChe Limited revised revenue guidance for the second half of 2022. For the period, the Company expects net revenues to range from approximately RMB 100.0 million to RMB 120.0 million, representing an approximate year-over-year decrease of 30.7% to 16.8%. This is primarily attributable to the estimated declining number of offline events that is expected to be held in the second half year of 2022 (including auto shows and special promotion events) due to the decrease in government approval granted for offline activities in response to regional COVID-19 outbreaks.Seeking Alpha • Sep 29TuanChe GAAP EPS of -RMB0.07, revenue of RMB89.2MTuanChe press release (NASDAQ:TC): 1H GAAP EPS of -RMB0.07. Revenue of RMB89.2M (-58.2% Y/Y). For the second half of 2022, the Company expects net revenues to range from approximately RMB100.0 million to RMB120.0 millionReported Earnings • Apr 11Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: CN¥5.32 loss per share (up from CN¥8.57 loss in FY 2020). Revenue: CN¥357.6m (up 8.3% from FY 2020). Net loss: CN¥101.9m (loss narrowed 38% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 37%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings.공시 • Apr 05TuanChe Limited Provides Revenue Guidance for First Quarter of 2022TuanChe Limited provided revenue guidance for first quarter of 2022. For the first quarter of 2022, the Company expects net revenues to range from approximately RMB 20.0 million to RMB 30.0 million, representing an approximate year-over-year decrease of 75.3% to 62.9%.공시 • Jan 13TuanChe Limited Provides Revenue Guidance for Fourth Quarter of 2021TuanChe Limited provided revenue guidance for the fourth quarter of 2021. The Company expects net revenues to range from approximately RMB 70 million to RMB 80 million, representing an approximate year-over-year decrease of 57.8% to 51.7%.공시 • Jan 12TuanChe Limited Expands into EV Market, Differentiating Itself from Competitors with A Strong Sales NetworkTuanChe Limited announced the establishment of an electric vehicle (EV) business unit as part of its efforts to enter the EV manufacturing sector by working with a diverse team of EV designers, R&D engineers and manufacturing executives. Guided by market research reports and trending data, the company plans to leverage its strong distribution network across more than 240 cities in China to bridge the gap in digital marketing for its EV brands, while tapping into the potential of its new business model. The lack of a sales network outside the first-tier cities has always been a major hurdle for the new EV brands, as direct selling requires face-to-face communications with their customers. This has also led to EV makers consider growing their offline network as a core strategy, whereas TuanChe, on contrary already owned strong offline sales network capabilities that will achieve a better breakthrough in this area. As a leading automobile trading and services platform from China, TuanChe had been working on the expansion of its sales network which now covers more than 230 cities throughout the country, organizing over 1,000 offline events each year and attracting tens of millions of customers. More than 350,000 vehicles changed hands on the platform in 2019 prior to the arrival of the pandemic. Moreover, TuanChe has demonstrated it is well prepared for the sales of renewable energy vehicles. Public data from January to October of 2021 reveals the company saw a nearly fivefold year-on-year increase in EV sales, spanning 78 brands and close to 100 cities. Following the COVID-19 outbreak in early 2020, TuanChe continued to improve its digital marketing capability, maintaining a rapid 70% growth rate in its online business revenue since the second half of that year, according to its fiscal reports. Combining offline and online resources, the company is working to build an extensive marketing system for applications both in the public and private sectors.Reported Earnings • Oct 01Second quarter 2021 earnings releasedThe company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥132.4m (up 142% from 2Q 2020). Net loss: CN¥6.04m (loss narrowed 85% from 2Q 2020).공시 • Jul 03TuanChe Limited Provides Revenue Guidance for the Second Quarter of 2021TuanChe Limited provided revenue guidance for the second quarter of 2021. For the period, the company expects net revenues to range from approximately RMB 120.0 million to RMB 130.0 million, representing a year-over-year approximate increase of 119.2% to 137.5%. This is primarily attributable to the improvement of the pandemic situation. This forecast reflects the company's current and preliminary views on the market and operational conditions as well as the influence of the COVID-19 pandemic, which are subject to change.공시 • May 02TuanChe Limited announced delayed 20-F filingOn 04/30/2021, TuanChe Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.Reported Earnings • Apr 15Full year 2020 earnings releasedThe company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CN¥330.2m (down 49% from FY 2019). Net loss: CN¥163.0m (loss narrowed 35% from FY 2019).공시 • Apr 13Tuanche Limited Provides Revenue Guidance for the First Quarter of 2021TuanChe Limited provided revenue guidance for the first quarter of 2021. for the quarter, the company expects net revenues to range from approximately RMB 76.0 million to RMB 80.0 million, representing a year-over-year approximate increase of 684.2% to 725.5%.공시 • Jan 22Wei Wen, Chairman and Chief Executive Officer of TuanChe made a preliminary non-binding proposal letter to acquire TuanChe Limited (NasdaqCM:TC).Wei Wen, Chairman and Chief Executive Officer of TuanChe made a preliminary non-binding proposal letter to acquire TuanChe Limited (NasdaqCM:TC) on January 21, 2021. Wei Wen will acquire all of the outstanding ordinary shares including Shares represented by American depositary shares (the “ADSs,” each representing sixteen (16) Class A ordinary shares), for a purchase price of $4.25 per ADS in cash in a going private transaction. Wei Wen intend to finance the transaction with a combination of debt and equity capital. The transaction is subject to finance the acquisition with debt and/or equity capital, Due Diligence and Definitive agreements. The Board intends to form a special committee consisting of independent and disinterested directors to consider the proposal. The Board expects that the special committee will retain independent advisors, including independent financial and legal advisors, to assist it in this process. DLA Piper acted as legal advisor and Huatai United Securities Co., Ltd acted as financial advisor to Wei Wen.Reported Earnings • Dec 20Third quarter 2020 earnings released: CN¥2.16 loss per shareThe company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: CN¥100.0m (down 26% from 3Q 2019). Net loss: CN¥41.2m (loss narrowed 12% from 3Q 2019).Analyst Estimate Surprise Post Earnings • Dec 20Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 76%. Over the next year, revenue is forecast to grow 55%, compared to a 5.8% growth forecast for the Media industry in the US.분석 기사 • Dec 18How Much Of TuanChe Limited (NASDAQ:TC) Do Insiders Own?A look at the shareholders of TuanChe Limited ( NASDAQ:TC ) can tell us which group is most powerful. Institutions...공시 • Dec 11TuanChe Limited to Report Q3, 2020 Results on Dec 18, 2020TuanChe Limited announced that they will report Q3, 2020 results Pre-Market on Dec 18, 2020Is New 90 Day High Low • Nov 11New 90-day low: US$2.92The company is down 51% from its price of US$5.96 on 13 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period.Is New 90 Day High Low • Sep 26New 90-day low: US$0.77The company is down 51% from its price of US$1.58 on 26 June 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 14% over the same period.공시 • Sep 21TuanChe Limited(NasdaqCM:TC) dropped from S&P Global BMI IndexTuanChe Limited(NasdaqCM:TC) dropped from S&P Global BMI IndexReported Earnings • Sep 19First half earnings releasedOver the last 12 months the company has reported total losses of CN¥210.9m, with losses narrowing by 2.6% from the prior year. Total revenue was CN¥382.8m over the last 12 months, down 46% from the prior year.매출 및 비용 세부 내역Token Cat가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqCM:TC 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Dec 2564335030 Jun 2537-148102531 Mar 2543-168105831 Dec 240-9438030 Sep 2476-1401331230 Jun 24103-931581231 Mar 24132-881801231 Dec 230-325030 Sep 23174-1121971330 Jun 23186-1411931531 Mar 23185-1541931731 Dec 22183-1661922030 Sep 22219-1542472530 Jun 22233-1362803031 Mar 22321-1133263331 Dec 21358-1023473630 Sep 21440-853873730 Jun 21479-894173531 Mar 21401-1233963531 Dec 20330-1633783430 Sep 20347-2054283830 Jun 20383-2115314331 Mar 20532-2806234431 Dec 19645-2516764330 Sep 19688-2137303530 Jun 19708-2176722931 Mar 19686-1216252331 Dec 18651-1105161930 Sep 18539-954251730 Jun 18459-723501631 Mar 18322-862671631 Dec 17281-972821631 Dec 16117-9816120양질의 수익: TC는 CN¥49.0M 규모의 큰 일회성 이익이 있어 31st December, 2025까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: TC는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TC는 지난 5년 동안 흑자전환하며 연평균 8.9%의 수익 성장을 기록했습니다.성장 가속화: TC는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: TC는 지난해 흑자전환하여 지난 해 수익 성장률을 Media 업계(1.1%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: TC의 자본 수익률(32.2%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMedia 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/21 08:47종가2026/06/18 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Token Cat Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Han JangMaxim Group
Reported Earnings • Sep 16First half 2025 earnings released: CN¥5.74 loss per share (vs CN¥463 loss in 1H 2024)First half 2025 results: CN¥5.74 loss per share (improved from CN¥463 loss in 1H 2024). Revenue: CN¥19.8m (down 39% from 1H 2024). Net loss: CN¥675.0k (loss narrowed 98% from 1H 2024).
Reported Earnings • Mar 30Full year 2024 earnings released: CN¥86.73 loss per share (vs CN¥48.95 loss in FY 2023)Full year 2024 results: CN¥86.73 loss per share (further deteriorated from CN¥48.95 loss in FY 2023). Revenue: CN¥49.2m (down 70% from FY 2023). Net loss: CN¥188.0m (loss widened 127% from FY 2023).
Reported Earnings • Mar 31Full year 2023 earnings released: CN¥48.95 loss per share (vs CN¥119 loss in FY 2022)Full year 2023 results: CN¥48.95 loss per share (improved from CN¥119 loss in FY 2022). Revenue: CN¥162.4m (down 11% from FY 2022). Net loss: CN¥83.0m (loss narrowed 48% from FY 2022).
Reported Earnings • Oct 02First half 2023 earnings released: CN¥1.23 loss per share (vs CN¥2.91 loss in 1H 2022)First half 2023 results: CN¥1.23 loss per share (improved from CN¥2.91 loss in 1H 2022). Revenue: CN¥92.2m (up 3.3% from 1H 2022). Net loss: CN¥30.7m (loss narrowed 45% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 31Full year 2022 earnings released: CN¥7.92 loss per share (vs CN¥5.32 loss in FY 2021)Full year 2022 results: CN¥7.92 loss per share (further deteriorated from CN¥5.32 loss in FY 2021). Revenue: CN¥183.2m (down 49% from FY 2021). Net loss: CN¥158.1m (loss widened 55% from FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 30First half 2022 earnings released: EPS: CN¥0 (vs CN¥1.18 loss in 1H 2021)First half 2022 results: EPS: CN¥0. Revenue: CN¥89.2m (down 58% from 1H 2021). Net loss: CN¥56.2m (loss widened 149% from 1H 2021).
공시 • May 01Token Cat Limited announced delayed 20-F filingOn 04/30/2026, Token Cat Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • Apr 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (over 139x increase in shares outstanding). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).
Board Change • Mar 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Wentao Deng is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 07Token Cat Ltd Announces Board and Committee Changes , Effective February 6, 2026Token Cat Ltd. announced that effective February 6, 2026, Mr. Jintao Lin resigned as a director of Token Cat Limited. Effective February 6, 2026, the board of directors of the Company appointed Ms. Furong Tian as a director of the Company and the chair of the Audit Committee. From August 2023 to February 2026, Ms. Furong Tian served as Finance Manager of Beijing Taihua Digital Intelligence Business Management Co. Ltd. From April 2020 to February 2023, Ms. Tian served as Finance Manager of Shenzhou Wangwei Technology (Beijing) Co. Ltd. From May 2011 to April 2014, Ms. Tian worked at Pricewaterhouse Coopers Zhong Tian LLP as an auditor. Ms. Tian has a master's degree in Financial Management from Tianjin Polytechnic University.
공시 • Dec 17Token Cat Limited announced that it expects to receive $99.99999 million in funding from Autozi Internet Technology (Global) Ltd.Token Cat Limited announced a private placement to issue equity 3,333,333 equity shares at a price of $30 per share for aggregate gross proceeds of $99,999,990 on December 17, 2025. The transaction will include participation from Autozi Internet Technology (Global) Ltd.
공시 • Nov 27Token Cat Limited Announces Appointment of Sav Persico as Chief Operating OfficerToken Cat Limited announced the appointment of Sav Persico as Chief Operating Officer, effective immediately. Sav Persico has more than three decades of leadership experience in crypto assets, cryptocurrency investment, blockchain systems, and technology operations management. He has been responsible for building several key blockchain infrastructure projects and data platforms. His strengths include cross-team collaboration, organizational management, and driving the implementation of complex systems. He plays a central role in driving the Company's crypto asset strategy, forging key industry partnerships, and building collaborative synergies across the blockchain ecosystem. As Chief Operating Officer, Sav will be responsible for advancing the Company's operational development and strategic execution in the crypto asset and cryptocurrency sectors, further strengthening Token Cat's competitiveness in enterprise-level crypto asset management. His core responsibilities include: building a crypto asset operations framework centered around major cryptocurrencies such as Bitcoin and Ethereum; establishing a crypto asset management structure encompassing risk control, asset allocation, and yield optimization; evaluating and driving strategic synergies across crypto ecosystems, blockchain infrastructure, and related business models.
Reported Earnings • Sep 16First half 2025 earnings released: CN¥5.74 loss per share (vs CN¥463 loss in 1H 2024)First half 2025 results: CN¥5.74 loss per share (improved from CN¥463 loss in 1H 2024). Revenue: CN¥19.8m (down 39% from 1H 2024). Net loss: CN¥675.0k (loss narrowed 98% from 1H 2024).
New Risk • Aug 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CN¥141m). Shareholders have been substantially diluted in the past year (over 19x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$17.8m market cap).
New Risk • Apr 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 80% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥35m free cash flow). Negative equity (-CN¥141m). Shareholders have been substantially diluted in the past year (80% increase in shares outstanding). Market cap is less than US$10m (US$2.02m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
Reported Earnings • Mar 30Full year 2024 earnings released: CN¥86.73 loss per share (vs CN¥48.95 loss in FY 2023)Full year 2024 results: CN¥86.73 loss per share (further deteriorated from CN¥48.95 loss in FY 2023). Revenue: CN¥49.2m (down 70% from FY 2023). Net loss: CN¥188.0m (loss widened 127% from FY 2023).
New Risk • Mar 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (US$1.39m market cap). Minor Risks Negative equity (-CN¥5.7m). Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change).
공시 • Jan 15TuanChe Limited, Annual General Meeting, Feb 10, 2025TuanChe Limited, Annual General Meeting, Feb 10, 2025, at 10:00 China Standard Time. Location: 9f,ruihai building, no. 21 yangfangdian road, haidian district, beijing 100038, China
New Risk • Dec 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (US$1.89m market cap). Minor Risks Negative equity (-CN¥5.7m). Shareholders have been diluted in the past year (9.1% increase in shares outstanding).
분석 기사 • Dec 24TuanChe Limited (NASDAQ:TC) Shares Fly 38% But Investors Aren't Buying For GrowthThose holding TuanChe Limited ( NASDAQ:TC ) shares would be relieved that the share price has rebounded 38% in the last...
분석 기사 • Oct 31Little Excitement Around TuanChe Limited's (NASDAQ:TC) Revenues As Shares Take 46% PoundingThe TuanChe Limited ( NASDAQ:TC ) share price has fared very poorly over the last month, falling by a substantial 46...
공시 • Oct 25TuanChe Limited has filed a Follow-on Equity Offering in the amount of $2.207462 million.TuanChe Limited has filed a Follow-on Equity Offering in the amount of $2.207462 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 761,719 Price\Range: $1.449 Security Name: Pre Funded Warrants Security Type: Equity Warrant Securities Offered: 761,719 Price\Range: $1.449 Transaction Features: Registered Direct Offering
New Risk • Sep 08New minor risk - Negative shareholders equityThe company has negative equity. Total equity: -CN¥5.7m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥34m free cash flow). Market cap is less than US$10m (US$3.10m market cap). Minor Risks Negative equity (-CN¥5.7m). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (9.8% increase in shares outstanding).
분석 기사 • Aug 20TuanChe Limited's (NASDAQ:TC) Share Price Is Matching Sentiment Around Its RevenuesTuanChe Limited's ( NASDAQ:TC ) price-to-sales (or "P/S") ratio of 0.1x might make it look like a buy right now...
Board Change • May 14Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Zijing Zhou was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • May 04TuanChe Limited's (NASDAQ:TC) Price Is Right But Growth Is Lacking After Shares Rocket 32%TuanChe Limited ( NASDAQ:TC ) shares have had a really impressive month, gaining 32% after a shaky period beforehand...
New Risk • Apr 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥75m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (US$3.00m market cap). Minor Risk Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
New Risk • Apr 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥75m free cash flow). Market cap is less than US$10m (US$3.48m market cap). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
Reported Earnings • Mar 31Full year 2023 earnings released: CN¥48.95 loss per share (vs CN¥119 loss in FY 2022)Full year 2023 results: CN¥48.95 loss per share (improved from CN¥119 loss in FY 2022). Revenue: CN¥162.4m (down 11% from FY 2022). Net loss: CN¥83.0m (loss narrowed 48% from FY 2022).
분석 기사 • Feb 12Benign Growth For TuanChe Limited (NASDAQ:TC) Underpins Stock's 40% PlummetTo the annoyance of some shareholders, TuanChe Limited ( NASDAQ:TC ) shares are down a considerable 40% in the last...
공시 • Feb 12TuanChe Regains Compliance with Nasdaq's Minimum Bid Price RequirementTuanChe Limited announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated February 9, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). As previously announced, TuanChe received a notification letter (the "Deficiency Notice") from the Nasdaq dated February 17, 2023 indicating that the closing bid price for the Company's American depositary shares (the "ADSs") was below the minimum bid price of $1.00 required for continued listing under the Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days. According to the Deficiency Notice, if at any time during the 180-day compliance period, the closing bid price of the Company's ADSs is at least $1.00 for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. According to the Compliance Notice, the closing bid price of the Company's ADSs has been at $1.00 per ADS or greater for 10 consecutive business days from January 26 through February 8, 2024. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed.
분석 기사 • Dec 21TuanChe Limited (NASDAQ:TC) Not Doing Enough For Some Investors As Its Shares Slump 28%To the annoyance of some shareholders, TuanChe Limited ( NASDAQ:TC ) shares are down a considerable 28% in the last...
New Risk • Oct 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.44m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥107m free cash flow). Market cap is less than US$10m (US$9.44m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
공시 • Oct 19TuanChe Limited, Annual General Meeting, Nov 22, 2023TuanChe Limited, Annual General Meeting, Nov 22, 2023, at 10:00 China Standard Time. Location: 9F, Ruihai Building, No. 21 Yangfangdian Road Beijing China Agenda: To consider the ratification of the appointment of Marcum Asia CPAs LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023; to consider the ratification of the appointment of Mr. Tong Zhang as an independent director of the board of directors of the Company (the "Board"), a member of the audit committee of the Board and a member of the nominating and corporate governance committee of the Board; and to discuss other matters.
Reported Earnings • Oct 02First half 2023 earnings released: CN¥1.23 loss per share (vs CN¥2.91 loss in 1H 2022)First half 2023 results: CN¥1.23 loss per share (improved from CN¥2.91 loss in 1H 2022). Revenue: CN¥92.2m (up 3.3% from 1H 2022). Net loss: CN¥30.7m (loss narrowed 45% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.
공시 • Sep 29TuanChe Limited Provides Earnings Guidance for the Second Half of 2023TuanChe Limited provided earnings guidance for the second half of 2023. For the second half, the company expects net revenues to range from approximately RMB70.0 million to RMB100.0 million, representing an approximate year-over-year decrease of 25.5% to increase of 6.4%.
공시 • Aug 22TuanChe Limited Receives Second Compliance Period Granted by NasdaqTuanChe Limited announced that on August 18, 2023, it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq"), granting the Company a second period of 180 calendar days, or until February 12, 2024, to regain compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules. As previously disclosed, on February 17, 2023, the Company received a letter from Nasdaq, indicating that the Company is no longer in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules, as the Company's closing bid price per American depositary share ("ADS") had been below $1.00 for a period of 30 consecutive business days. The Company was given a period of 180 calendar days, or until August 16, 2023, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company's ADSs must meet or exceed $1.00 per ADS for a minimum of 10 consecutive business days on or prior to February 12, 2024. As required by Nasdaq, the Company confirmed that it would implement a reverse stock split or ADS ratio change, if necessary, to regain compliance with the minimum bid price requirement. The Company intends to continue to actively monitor the minimum bid price requirement and, as appropriate, will consider available options to resolve any deficiencies and regain compliance.
공시 • Jun 16TuanChe Limited Appoints Simon Li as Chief Financial OfficerTuanChe Limited announced the appointment of Mr. Simon Li as chief financial officer, effective from June 15, 2023. Mr. Simon Li has extensive experience in investment and corporate finance. Prior to joining the Company, Mr. Simon Li served as a partner at Hongmenge (Beijing) Private Equity Management Co. Ltd. from June 2020 to May 2023, leading its financing and investment portfolio management business lines. Prior to that, Mr. Li was the general manager of the capital market department of Chang'An NIO New Energy Automotive Technology Co. Ltd. (now AVATR Technology (Chongqing) Co. Ltd.), a joint venture formed by Chang'An Auto and NIO. Mr. Li, as one of the founding partners, served as a managing director and the head of fund risk control at Ether Capital from April 2014 to August 2019. Mr. Li was an investment manager at Digital China from April 2012 to March 2014, and an associate manager in the transactions and restructuring department of KPMG Advisory (China) Limited from September 2009 to April 2012. Mr. Li received a bachelor's degree in international economics and trade from Beijing University of Commerce and Industry in 2007 and a degree of master of science in the field of quantitative and applied statistics from the University of Pennsylvania. Mr. Li is currently pursuing an executive master's degree of business administration in Tsinghua University.
공시 • May 25TuanChe Limited Announces Board ChangesTuanChe Limited announced a change in its board of directors. Mr. Fei Han tendered to the Board his resignation as an independent director of the Board, a member of the Audit Committee of the Board and a member of the Nominating and Corporate Governance Committee of the Board for personal reasons, effective from May 24, 2023. Mr. Fei Han's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practice. The Board appointed Mr. Tong Zhang as an independent director of the Board, a member of the Audit Committee of the Board and a member of the Nominating and Corporate Governance Committee of the Board, effective from May 24, 2023. Upon the effectiveness of Mr. Fei Han's resignation and the appointment of Mr. Tong Zhang, the Board consisted of five directors, including three independent directors. As a foreign private issuer, the Company is permitted to rely on home country practice under the Nasdaq Stock Market Rules with respect to its board and committee composition. Mr. Tong Zhang has over 10 years of experiences in the fields of vehicle trading, e-commerce and technology research, particularly with respect to vehicle electrification, vehicle intelligence and V2X (vehicle-to-everything) technologies. Since 2015, Mr. Tong Zhang has served as vice president of the Automotive Intelligent Industry Research Institute of the Ministry of Industry and Information Technology, where he also serves as the secretary general of the Automotive Intelligent Services Consortium and focuses on the integration of domestic and foreign advanced technologies in the automotive industry, promoting the innovative development and transformation of automotive services. Prior to that, Mr. Tong Zhang served as the deputy director of the China Automobile Dealers Association from 2012 to 2015, where he participated in and presided over the drafting and promulgation of the first national standard in the domestic automobile dealing industry for used car inspection. Mr. Tong Zhang received his bachelor's and master's degrees in economics and management from Beijing Administration College in 2002 and 2004, respectively.
분석 기사 • Apr 17TuanChe Limited (NASDAQ:TC) Investors Are Less Pessimistic Than ExpectedWith a median price-to-sales (or "P/S") ratio of close to 0.9x in the Media industry in the United States, you could be...
Reported Earnings • Mar 31Full year 2022 earnings released: CN¥7.92 loss per share (vs CN¥5.32 loss in FY 2021)Full year 2022 results: CN¥7.92 loss per share (further deteriorated from CN¥5.32 loss in FY 2021). Revenue: CN¥183.2m (down 49% from FY 2021). Net loss: CN¥158.1m (loss widened 55% from FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.
공시 • Feb 18TuanChe Limited Announces Appointment of Wei Wen as Acting Chief Financial OfficerTuanChe Limited announced that the board of directors of the Company has appointed Mr. Wei Wen, the Chief Executive Officer of the Company, as the acting chief financial officer of the Company, effective on February 17, 2023, while the Company continues its active search for the right candidate to join the Company as chief financial officer.
공시 • Dec 24TuanChe Limited Announces Resignation of Chenxi Yu as Deputy Chief Financial OfficerTuanChe Limited announced that Mr. Chenxi Yu, the Company's Deputy Chief Financial Officer, informed the Company of his intention to resign from his position due to personal reasons. The resignation of Mr. Yu is effective immediately and did not result from any disagreement with the Company. The Board is actively seeking qualified talents to fill the vacancy created by Mr. Yu's resignation.
공시 • Oct 01TuanChe Limited, Annual General Meeting, Nov 04, 2022TuanChe Limited, Annual General Meeting, Nov 04, 2022, at 10:00 China Standard Time. Location: 9F, Ruihai Building, No. 21 Yangfangdian Road, Haidian District Beijing China Agenda: To consider the ratification of the appointment of Marcum Asia CPAs LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2022.
Reported Earnings • Sep 30First half 2022 earnings released: EPS: CN¥0 (vs CN¥1.18 loss in 1H 2021)First half 2022 results: EPS: CN¥0. Revenue: CN¥89.2m (down 58% from 1H 2021). Net loss: CN¥56.2m (loss widened 149% from 1H 2021).
공시 • Sep 30TuanChe Limited Revises Revenue Guidance for the Second Half of 2022TuanChe Limited revised revenue guidance for the second half of 2022. For the period, the Company expects net revenues to range from approximately RMB 100.0 million to RMB 120.0 million, representing an approximate year-over-year decrease of 30.7% to 16.8%. This is primarily attributable to the estimated declining number of offline events that is expected to be held in the second half year of 2022 (including auto shows and special promotion events) due to the decrease in government approval granted for offline activities in response to regional COVID-19 outbreaks.
Seeking Alpha • Sep 29TuanChe GAAP EPS of -RMB0.07, revenue of RMB89.2MTuanChe press release (NASDAQ:TC): 1H GAAP EPS of -RMB0.07. Revenue of RMB89.2M (-58.2% Y/Y). For the second half of 2022, the Company expects net revenues to range from approximately RMB100.0 million to RMB120.0 million
Reported Earnings • Apr 11Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: CN¥5.32 loss per share (up from CN¥8.57 loss in FY 2020). Revenue: CN¥357.6m (up 8.3% from FY 2020). Net loss: CN¥101.9m (loss narrowed 38% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 37%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings.
공시 • Apr 05TuanChe Limited Provides Revenue Guidance for First Quarter of 2022TuanChe Limited provided revenue guidance for first quarter of 2022. For the first quarter of 2022, the Company expects net revenues to range from approximately RMB 20.0 million to RMB 30.0 million, representing an approximate year-over-year decrease of 75.3% to 62.9%.
공시 • Jan 13TuanChe Limited Provides Revenue Guidance for Fourth Quarter of 2021TuanChe Limited provided revenue guidance for the fourth quarter of 2021. The Company expects net revenues to range from approximately RMB 70 million to RMB 80 million, representing an approximate year-over-year decrease of 57.8% to 51.7%.
공시 • Jan 12TuanChe Limited Expands into EV Market, Differentiating Itself from Competitors with A Strong Sales NetworkTuanChe Limited announced the establishment of an electric vehicle (EV) business unit as part of its efforts to enter the EV manufacturing sector by working with a diverse team of EV designers, R&D engineers and manufacturing executives. Guided by market research reports and trending data, the company plans to leverage its strong distribution network across more than 240 cities in China to bridge the gap in digital marketing for its EV brands, while tapping into the potential of its new business model. The lack of a sales network outside the first-tier cities has always been a major hurdle for the new EV brands, as direct selling requires face-to-face communications with their customers. This has also led to EV makers consider growing their offline network as a core strategy, whereas TuanChe, on contrary already owned strong offline sales network capabilities that will achieve a better breakthrough in this area. As a leading automobile trading and services platform from China, TuanChe had been working on the expansion of its sales network which now covers more than 230 cities throughout the country, organizing over 1,000 offline events each year and attracting tens of millions of customers. More than 350,000 vehicles changed hands on the platform in 2019 prior to the arrival of the pandemic. Moreover, TuanChe has demonstrated it is well prepared for the sales of renewable energy vehicles. Public data from January to October of 2021 reveals the company saw a nearly fivefold year-on-year increase in EV sales, spanning 78 brands and close to 100 cities. Following the COVID-19 outbreak in early 2020, TuanChe continued to improve its digital marketing capability, maintaining a rapid 70% growth rate in its online business revenue since the second half of that year, according to its fiscal reports. Combining offline and online resources, the company is working to build an extensive marketing system for applications both in the public and private sectors.
Reported Earnings • Oct 01Second quarter 2021 earnings releasedThe company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥132.4m (up 142% from 2Q 2020). Net loss: CN¥6.04m (loss narrowed 85% from 2Q 2020).
공시 • Jul 03TuanChe Limited Provides Revenue Guidance for the Second Quarter of 2021TuanChe Limited provided revenue guidance for the second quarter of 2021. For the period, the company expects net revenues to range from approximately RMB 120.0 million to RMB 130.0 million, representing a year-over-year approximate increase of 119.2% to 137.5%. This is primarily attributable to the improvement of the pandemic situation. This forecast reflects the company's current and preliminary views on the market and operational conditions as well as the influence of the COVID-19 pandemic, which are subject to change.
공시 • May 02TuanChe Limited announced delayed 20-F filingOn 04/30/2021, TuanChe Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
Reported Earnings • Apr 15Full year 2020 earnings releasedThe company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CN¥330.2m (down 49% from FY 2019). Net loss: CN¥163.0m (loss narrowed 35% from FY 2019).
공시 • Apr 13Tuanche Limited Provides Revenue Guidance for the First Quarter of 2021TuanChe Limited provided revenue guidance for the first quarter of 2021. for the quarter, the company expects net revenues to range from approximately RMB 76.0 million to RMB 80.0 million, representing a year-over-year approximate increase of 684.2% to 725.5%.
공시 • Jan 22Wei Wen, Chairman and Chief Executive Officer of TuanChe made a preliminary non-binding proposal letter to acquire TuanChe Limited (NasdaqCM:TC).Wei Wen, Chairman and Chief Executive Officer of TuanChe made a preliminary non-binding proposal letter to acquire TuanChe Limited (NasdaqCM:TC) on January 21, 2021. Wei Wen will acquire all of the outstanding ordinary shares including Shares represented by American depositary shares (the “ADSs,” each representing sixteen (16) Class A ordinary shares), for a purchase price of $4.25 per ADS in cash in a going private transaction. Wei Wen intend to finance the transaction with a combination of debt and equity capital. The transaction is subject to finance the acquisition with debt and/or equity capital, Due Diligence and Definitive agreements. The Board intends to form a special committee consisting of independent and disinterested directors to consider the proposal. The Board expects that the special committee will retain independent advisors, including independent financial and legal advisors, to assist it in this process. DLA Piper acted as legal advisor and Huatai United Securities Co., Ltd acted as financial advisor to Wei Wen.
Reported Earnings • Dec 20Third quarter 2020 earnings released: CN¥2.16 loss per shareThe company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: CN¥100.0m (down 26% from 3Q 2019). Net loss: CN¥41.2m (loss narrowed 12% from 3Q 2019).
Analyst Estimate Surprise Post Earnings • Dec 20Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 76%. Over the next year, revenue is forecast to grow 55%, compared to a 5.8% growth forecast for the Media industry in the US.
분석 기사 • Dec 18How Much Of TuanChe Limited (NASDAQ:TC) Do Insiders Own?A look at the shareholders of TuanChe Limited ( NASDAQ:TC ) can tell us which group is most powerful. Institutions...
공시 • Dec 11TuanChe Limited to Report Q3, 2020 Results on Dec 18, 2020TuanChe Limited announced that they will report Q3, 2020 results Pre-Market on Dec 18, 2020
Is New 90 Day High Low • Nov 11New 90-day low: US$2.92The company is down 51% from its price of US$5.96 on 13 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Sep 26New 90-day low: US$0.77The company is down 51% from its price of US$1.58 on 26 June 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 14% over the same period.
공시 • Sep 21TuanChe Limited(NasdaqCM:TC) dropped from S&P Global BMI IndexTuanChe Limited(NasdaqCM:TC) dropped from S&P Global BMI Index
Reported Earnings • Sep 19First half earnings releasedOver the last 12 months the company has reported total losses of CN¥210.9m, with losses narrowing by 2.6% from the prior year. Total revenue was CN¥382.8m over the last 12 months, down 46% from the prior year.