Tantech Holdings Boosts Assets and Equity on Rising Investments and New Acquisition Obligations

Tantech Holdings ( (TANH) ) has provided an update.

On December 19, 2025, Tantech Holdings filed a Form 6-K reporting unaudited financial results for the six months ended June 30, 2025, along with recent corporate developments. The mid-year balance sheet shows total assets rising to about $180.5 million from $143.0 million at year-end 2024, driven largely by a sharp increase in long-term investments and higher accounts receivable, even as cash declined and certain financing receivables and related-party balances were eliminated. Current liabilities more than doubled to roughly $26.6 million, reflecting a new acquisition consideration payable, while total liabilities rose to $27.9 million; however, total equity also increased to $152.7 million, aided by higher retained earnings, additional paid-in capital and a swing to a positive non-controlling interest. The filing includes detailed financial statements, management’s discussion and analysis, and an English translation of a supplemental equity transfer agreement dated June 30, 2025 between Shanghai Jiamu Investment Management and Lishui Damushan Tea, underscoring active deal-making and capital deployment that could reshape Tantech’s balance sheet structure and exposure to affiliates.

The most recent analyst rating on (TANH) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Tantech Holdings stock, see the TANH Stock Forecast page.

Spark’s Take on TANH Stock

According to Spark, TipRanks’ AI Analyst, TANH is a Neutral.

Tantech Holdings’ overall stock score is primarily influenced by its financial stability, despite challenges in profitability and revenue growth. Technical analysis indicates bearish momentum, and valuation metrics are poor due to negative earnings. The absence of earnings call data and corporate events limits additional insights.

To see Spark’s full report on TANH stock, click here.

More about Tantech Holdings

Tantech Holdings Ltd, based in Lishui City, Zhejiang Province, China, is a foreign private issuer listed in the United States and reports under Form 20-F. The company operates through multiple subsidiaries and is involved in diversified businesses reflected in its consolidated financial statements, with a focus on manufacturing and related investments, and has recently expanded its long-term investment portfolio while maintaining operations that generate receivables, inventories and lease-related assets and liabilities.

Average Trading Volume: 107,650

Technical Sentiment Signal: Strong Sell

Current Market Cap: $6.14M

Find detailed analytics on TANH stock on TipRanks’ Stock Analysis page.