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Tuanche Ltd (TC)
:TC
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TuanChe
(NASDAQ:TC)
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Rating:30Underperform
Price Target:―
TuanChe faces significant financial challenges with declining revenues and high leverage, leading to financial instability. The technical analysis shows a bearish trend, while the valuation indicates unattractiveness due to consistent losses. Overall, the stock is rated low due to financial distress and bearish technical indicators.
TuanChe (TC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.09M
Dividend YieldN/A
Average Volume (3M)26.03K
Price to Earnings (P/E)―
Beta (1Y)0.14
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees116
SectorCommunication Services
Sector Strength97
IndustryInternet Content & Information
Share Statistics
EPS (TTM)-0.79
Shares Outstanding1,680,200
10 Day Avg. Volume11,402
30 Day Avg. Volume26,029
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)-2.57
Price to Sales (P/S)7.36
P/FCF Ratio-10.42
Enterprise Value/Market Cap3.32
Enterprise Value/Revenue0.19
Enterprise Value/Gross Profit0.26
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 DescriptionToken Cat Ltd. operates as a holding company, which engages in the operation of an omni-channel automotive marketplace. It offers auto shows, group-purchase facilitation, and virtual dealership services. The company was founded by Wei Wen and Jian Chen Sun in 2010 and is headquartered in Beijing, China.
How the Company Makes MoneyTuanChe makes money primarily through transaction fees and service charges associated with its automotive marketplace services. By organizing large-scale auto shows and online events, TuanChe attracts various car dealers and manufacturers who pay to participate and showcase their vehicles. Additionally, the company earns revenue from advertising and marketing services offered to car manufacturers and dealers looking to reach a wider audience. TuanChe also leverages data analytics to provide value-added services, enhancing its revenue streams through strategic partnerships within the automotive industry.
TuanChe Financial Statement Overview
Summary
TuanChe's financial statements indicate significant distress with declining revenues, high leverage, and negative cash flows. The income statement shows consistent losses, the balance sheet reflects financial instability, and cash flows are negative, pointing to substantial financial challenges.Income Statement
The company has been facing declining revenue with a significant drop from 2019 to 2024. The gross profit margin has decreased over time, indicating declining profitability. The net profit margin is negative, reflecting annual losses. Overall, the income statement shows a challenging financial situation with consistent negative EBIT and EBITDA margins, highlighting operational inefficiencies.25
Negative
Balance Sheet
The company's balance sheet reveals high leverage with a negative stockholders' equity in 2024, indicating potential financial instability. The debt-to-equity ratio is concerning, and the equity ratio has been declining. The negative equity and asset position suggest significant financial risk.15
Very Negative
Cash Flow
Cash flow analysis shows consistent negative free cash flow over the years, indicating cash outflows exceeding cash inflows. The operating cash flow is consistently negative, pointing to operational cash flow challenges. Despite occasional positive financing cash flows, the overall cash flow position is weak.20
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 36.65M | 49.18M | 162.37M | 183.19M | 357.55M | 330.23M |
| Gross Profit | 26.85M | 33.58M | 93.42M | 112.65M | 272.26M | 241.43M |
| EBITDA | 0.00 | -85.89M | -115.28M | -95.31M | -103.44M | -164.22M |
| Net Income | -147.99M | -187.99M | -82.97M | -166.49M | -101.94M | -163.03M |
Balance Sheet | ||||||
| Total Assets | 203.70M | 44.14M | 119.35M | 235.27M | 353.07M | 474.41M |
| Cash, Cash Equivalents and Short-Term Investments | 1.07M | 9.08M | 16.16M | 77.88M | 71.10M | 164.34M |
| Total Debt | 41.70M | 48.47M | 24.79M | 17.41M | 11.06M | 9.96M |
| Total Liabilities | 170.72M | 184.95M | 99.86M | 142.49M | 159.76M | 187.35M |
| Stockholders Equity | 32.99M | -140.81M | 19.48M | 92.78M | 194.41M | 288.16M |
Cash Flow | ||||||
| Free Cash Flow | -193.15M | -34.74M | -74.89M | -109.89M | -93.22M | -90.90M |
| Operating Cash Flow | -193.13M | -34.72M | -74.89M | -109.68M | -92.25M | -88.85M |
| Investing Cash Flow | -12.00K | -19.00K | 0.00 | -212.00K | 47.86M | 37.70M |
| Financing Cash Flow | 187.14M | 30.16M | 13.97M | 91.24M | 7.00M | -63.00K |
TuanChe Technical Analysis
Negative
13.39
Price Trends
13.28
Positive
14.56
Negative
15.54
Negative
Market Momentum
0.05
Positive
47.40
Neutral
43.30
Neutral
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 13.39 is below the 20-day moving average (MA) of 14.31, above the 50-day MA of 13.28, and below the 200-day MA of 15.54, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 47.40 is Neutral, neither overbought nor oversold. The STOCH value of 43.30 is Neutral, 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
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | $103.39M | -10.85 | -17.21% | ― | 105.31% | 95.66% | |
57 Neutral | $41.62M | -0.49 | -38.20% | ― | -0.06% | -87.64% | |
54 Neutral | $14.33M | -2.34 | -115.77% | ― | ― | ― | |
48 Neutral | $32.58M | -3.80 | -4.56% | ― | 5.72% | -39.22% | |
30 Underperform | $2.09M | ― | -1080.13% | ― | ― | ― | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
* Communication Services Sector Average
TC
TuanChe
13.39
-24.41
-64.58%
SCOR
comScore
8.47
1.59
23.11%
FENG
Phoenix New Media
2.72
-0.50
-15.53%
KRKR
36Kr Holdings Inc
7.28
1.88
34.81%
CCG
Cheche Group
1.21
0.46
61.33%
STBXF
Starbox Group Holdings
0.14
-279.41
-99.95%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.