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TuanChe (TC)
NASDAQ:TC
US Market

TuanChe (TC) AI Stock Analysis

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TC

TuanChe

(NASDAQ:TC)

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)

TuanChe Business Overview & Revenue Model

Company DescriptionTuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China. It organizes auto shows and special promotion events that attract various consumers; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction. The company also offers business and technical support, and consulting services; online marketing services through various online platforms, including tuanche.com website, WeChat account, WeChat mini-program, mobile applications, and Cheshangtong, a SaaS product; and referral services for commercial bank to enhance its auto loan business. As of December 31, 2021, it organized 450 auto shows in 142 cities across China. The company has a strategic partnership with Beijing Easyhome Furnishing Chain Group Co., Ltd. to jointly establish a one-stop retail experience that combines home decoration products and automotive services. TuanChe Limited was founded 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
25
Negative
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.
Balance Sheet
15
Very Negative
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.
Cash Flow
20
Very Negative
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.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue49.18M162.37M183.19M357.55M330.23M
Gross Profit33.58M93.42M112.65M272.26M241.43M
EBITDA-85.89M-115.28M-95.31M-103.44M-164.22M
Net Income-187.99M-82.97M-166.49M-101.94M-163.03M
Balance Sheet
Total Assets44.14M119.35M235.27M353.07M474.41M
Cash, Cash Equivalents and Short-Term Investments9.08M16.16M77.88M71.10M164.34M
Total Debt48.47M24.79M12.21M8.47M4.05M
Total Liabilities184.95M99.86M142.49M159.76M187.35M
Stockholders Equity-140.81M19.48M92.78M194.41M288.16M
Cash Flow
Free Cash Flow-34.74M-74.89M-109.89M-93.22M-90.90M
Operating Cash Flow-34.72M-74.89M-109.68M-92.25M-88.85M
Investing Cash Flow-19.00K0.00-212.00K47.86M37.70M
Financing Cash Flow30.16M13.97M91.24M7.00M-63.00K

TuanChe Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.76
Price Trends
50DMA
0.75
Positive
100DMA
0.75
Positive
200DMA
0.96
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
45.24
Neutral
STOCH
19.06
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 0.76 is below the 20-day moving average (MA) of 0.81, above the 50-day MA of 0.75, and below the 200-day MA of 0.96, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.24 is Neutral, neither overbought nor oversold. The STOCH value of 19.06 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 (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$40.70B-0.98-11.97%3.93%2.03%-69.70%
51
Neutral
$25.22M-4.89%0.38%19.52%
49
Neutral
$25.03M-29.17%-3.17%13.15%
48
Neutral
$10.96M
CCCCG
47
Neutral
$59.77M-16.65%105.31%95.66%
TCTC
30
Underperform
$2.43M-425.84%
$211.15K-126.92%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TC
TuanChe
0.76
-1.15
-60.21%
SCOR
comScore
5.02
-8.02
-61.50%
FENG
Phoenix New Media
2.22
-0.48
-17.78%
KRKR
36Kr Holdings Inc
5.65
-0.25
-4.24%
CCG
Cheche Group
0.74
-0.06
-7.50%
STBXF
Starbox Group Holdings
0.36
-402.84
-99.91%
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.Date of analysis: Apr 21, 2025