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TuanChe (TC)
NASDAQ:TC
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TuanChe
(NASDAQ:TC)
43Neutral
TuanChe (TC) vs. S&P 500 (SPY)
Market Cap
$2.09M
Dividend YieldN/A
Average Volume (3M)106.68K
Price to Earnings (P/E)―
Beta (1Y)0.41
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees116
SectorCommunication Services
Sector Strength59
IndustryInternet Content & Information
Share Statistics
EPS (TTM)-12.06
Shares Outstanding2,940,958
10 Day Avg. Volume31,370
30 Day Avg. Volume106,679
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.06
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
TuanChe Business Overview & Revenue Model
Company DescriptionTuanChe, Ltd. (TC) is a leading omni-channel automotive marketplace company based in China. It primarily operates in the automotive sector, facilitating the sale and purchase of vehicles. Through its innovative online and offline platforms, TuanChe connects consumers with a wide array of automotive products and services, including new and used cars, and provides a streamlined purchasing experience. The company leverages technology to enhance customer engagement and optimize the buying process.
How the Company Makes MoneyTuanChe makes money primarily through its transaction facilitation services, which include charging fees and commissions on vehicle sales conducted through its platforms. The company organizes and hosts auto shows and sales events, both online and offline, where it earns revenue by charging automakers and dealers for exhibition and participation. In addition, TuanChe offers marketing services to automotive brands, generating income through targeted advertising and promotional activities. The company may also engage in partnerships with financial services providers to offer financing solutions, earning additional fees and commissions. Key factors contributing to its earnings include its extensive network of dealers and manufacturers, its innovative approach to integrating online and offline sales channels, and its ability to attract a large customer base through effective marketing strategies.
TuanChe Financial Statement Overview
Summary
TuanChe's financial performance is weak, with significant challenges in profitability, cash flow, and leverage. The company shows declining revenues, persistent losses, and weakening cash flows, coupled with increasing financial leverage, indicating significant financial risks.Income Statement
TuanChe's income statement reveals significant challenges with profitability and growth. Gross profit margins decreased substantially from previous years, reflecting a shrinking revenue base (-11.37% revenue growth in 2023). The EBIT and EBITDA margins are negative, indicating operational inefficiencies and high costs relative to revenue. The net profit margin remains negative, showing persistent losses.25
Negative
Balance Sheet
The balance sheet data highlights a concerning leverage situation, with a high debt-to-equity ratio (1.27 in 2023) and diminishing stockholders' equity. The equity ratio has decreased, signaling increased financial risk. However, the company maintains some liquidity with cash and short-term investments, though these have decreased significantly over the years.40
Negative
Cash Flow
Cash flow analysis indicates ongoing struggles with cash generation. The operating cash flow remains negative, showing that the company is not generating cash from its core operations. Free cash flow is also negative, demonstrating limited capacity for reinvestment without external financing. The free cash flow to net income ratio is unfavorable, indicating cash flow issues relative to earnings.30
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 102.52M | 162.37M | 183.19M | 357.55M | 330.23M | 644.77M | Gross Profit |
| 57.35M | 93.42M | 112.65M | 272.26M | 241.43M | 458.23M | EBIT |
| -113.32M | -119.51M | -99.55M | -110.85M | -171.32M | -261.04M | EBITDA |
| -63.75M | -115.28M | -95.31M | -103.44M | -164.22M | -256.61M | Net Income Common Stockholders |
| -92.95M | -82.97M | -166.49M | -101.94M | -163.03M | -250.64M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 9.51M | 16.16M | 77.88M | 71.10M | 164.34M | 278.18M | Total Assets |
| 90.95M | 119.35M | 235.27M | 353.07M | 474.41M | 567.20M | Total Debt |
| 35.00M | 24.79M | 12.21M | 8.47M | 4.05M | 0.00 | Net Debt |
| 30.00M | 15.22M | -57.69M | -54.99M | -105.87M | -193.92M | Total Liabilities |
| 96.66M | 99.86M | 142.49M | 159.76M | 187.35M | 142.06M | Stockholders Equity |
| -5.71M | 19.48M | 92.78M | 194.41M | 288.16M | 423.63M |
| Cash Flow | Free Cash Flow | ||||
| -33.58M | -74.89M | -109.89M | -93.22M | -90.90M | -175.05M | Operating Cash Flow |
| -33.57M | -74.89M | -109.68M | -92.25M | -88.85M | -161.81M | Investing Cash Flow |
| -7.00K | 0.00 | -212.00K | 47.86M | 37.70M | -187.55M | Financing Cash Flow |
| 17.75M | 13.97M | 91.24M | 7.00M | -63.00K | -37.24M |
TuanChe Technical Analysis
Negative
0.67
Price Trends
0.84
Negative
0.90
Negative
1.29
Negative
Market Momentum
-0.04
Positive
31.83
Neutral
17.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TC, the sentiment is Negative. The current price of 0.67 is below the 20-day moving average (MA) of 0.74, below the 50-day MA of 0.84, and below the 200-day MA of 1.29, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 31.83 is Neutral, neither overbought nor oversold. The STOCH value of 17.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TC.
TuanChe Risk Analysis
TuanChe disclosed 88 risk factors in its most recent earnings report. TuanChe reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
TuanChe Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $7.42B | 9.54 | 12.47% | 0.75% | 16.75% | -18.09% | |
70 Outperform | $38.81B | 103.40 | 27.94% | ― | 26.94% | -57.88% | |
63 Neutral | $6.25B | 9.36 | 29.65% | ― | -0.68% | -25.24% | |
59 Neutral | $27.83B | 1.88 | -18.16% | 4.00% | 2.13% | -44.45% | |
57 Neutral | $2.84B | 145.41 | 3.62% | ― | -2.17% | -26.53% | |
49 Neutral | $131.76M | ― | -22.31% | ― | 10.64% | 38.48% | |
43 Neutral | $2.09M | ― | -425.84% | ― | ― | ― |
* Communication Services Sector Average
Performance Comparison
TC
TuanChe
0.67
-1.28
-65.64%
AN
AutoNation
158.55
-0.48
-0.30%
LAD
Lithia Motors
282.06
4.89
1.76%
TRUE
TrueCar
1.41
-1.85
-56.75%
CVNA
Carvana Co
162.57
79.90
96.65%
CARG
CarGurus
26.29
2.83
12.06%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.