Tantech Holdings Ltd - Understand $tanh stock

$TANH Market Cap: $1.317 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$100.8M

TTM

Gross Margin

20.12%

TTM

Net Earnings

$8.604M

TTM

Current Assets

$115.7M

Q4 2023

Current Liabilities

$17.61M

Q4 2023

Current Ratio

656.91%

Q4 2023

Total Assets

$141.7M

Q4 2023

Total Liabilities

$18.68M

Q4 2023

Book Value

$123.0M

Q4 2023

Cash

$29.09M

Q4 2023

P/E

0.1531

Nov 15, 2024 EST

Free Cash Flow

$13.12M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$47.32M	$53.49M	$55.26M	$42.28M	$49.23M	$29.56M	$42.30M	$39.90M	$46.81M	$65.49M	$61.22M	$50.52M	$47.69M
YoY Change	-11.54%	-3.21%	30.71%	-14.12%	66.54%	-30.12%	6.02%	-14.76%	-28.52%	6.97%	21.18%	5.93%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$47.32M	$53.49M	$55.26M	$42.28M	$49.23M	$29.56M	$42.30M	$39.90M	$46.81M	$65.49M	$61.22M	$50.52M	$47.69M
Cost Of Revenue	$37.14M	$43.40M	$44.83M	$37.81M	$43.25M	$21.53M	$31.74M	$26.88M	$32.08M	$44.85M	$44.06M	$36.52M	$35.87M
Gross Profit	$10.17M	$10.09M	$10.43M	$4.480M	$5.980M	$8.030M	$10.56M	$13.02M	$14.73M	$20.64M	$17.16M	$14.00M	$11.82M
Gross Profit Margin	21.5%	18.87%	18.88%	10.6%	12.15%	27.17%	24.96%	32.63%	31.47%	31.52%	28.03%	27.71%	24.79%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$7.871M	$5.292M	$10.89M	$1.930M	$4.980M	$5.290M	$5.360M	$4.240M	$5.580M	$2.720M	$4.590M	$2.040M	$3.850M
YoY Change	48.73%	-51.42%	464.39%	-61.24%	-5.86%	-1.31%	26.42%	-24.01%	105.15%	-40.74%	125.0%	-47.01%
% of Gross Profit	77.36%	52.43%	104.42%	43.08%	83.28%	65.88%	50.76%	32.57%	37.88%	13.18%	26.75%	14.57%	32.57%
Research & Development	$471.2K	$227.8K	$8.053M	$890.0K	$330.0K	$390.0K	$630.0K	$140.0K	$1.080M	$750.0K	$730.0K	$170.0K	$190.0K
YoY Change	106.82%	-97.17%	804.88%	169.7%	-15.38%	-38.1%	350.0%	-87.04%	44.0%	2.74%	329.41%	-10.53%
% of Gross Profit	4.63%	2.26%	77.2%	19.87%	5.52%	4.86%	5.97%	1.08%	7.33%	3.63%	4.25%	1.21%	1.61%
Depreciation & Amortization	$291.5K	$344.9K	$916.6K	$880.0K	$900.0K	$1.070M	$780.0K	$510.0K	$560.0K	$1.510M	$1.030M	$500.0K	$420.0K
YoY Change	-15.47%	-62.38%	4.16%	-2.22%	-15.89%	37.18%	52.94%	-8.93%	-62.91%	46.6%	106.0%	19.05%
% of Gross Profit	2.87%	3.42%	8.79%	19.64%	15.05%	13.33%	7.39%	3.92%	3.8%	7.32%	6.0%	3.57%	3.55%
Operating Expenses	$8.342M	$5.520M	$18.95M	$2.820M	$5.310M	$5.680M	$5.990M	$4.370M	$6.670M	$3.470M	$5.330M	$2.210M	$4.040M
YoY Change	51.13%	-70.87%	571.85%	-46.89%	-6.51%	-5.18%	37.07%	-34.48%	92.22%	-34.9%	141.18%	-45.3%
Operating Profit	$1.832M	$4.573M	-$8.515M	$1.660M	$670.0K	$2.350M	$4.570M	$8.650M	$8.060M	$17.17M	$11.83M	$11.79M	$7.780M
YoY Change	-59.94%	-153.7%	-612.94%	147.76%	-71.49%	-48.58%	-47.17%	7.32%	-53.06%	45.14%	0.34%	51.54%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$421.1K	$602.0K	-$622.7K	-$250.0K	-$390.0K	-$570.0K	-$530.0K	-$470.0K	-$330.0K	-$390.0K	-$670.0K	-$120.0K	-$120.0K
YoY Change	-30.06%	-196.69%	149.06%	-35.9%	-31.58%	7.55%	12.77%	42.42%	-15.38%	-41.79%	458.33%	0.0%
% of Operating Profit	22.98%	13.17%		-15.06%	-58.21%	-24.26%	-11.6%	-5.43%	-4.09%	-2.27%	-5.66%	-1.02%	-1.54%
Other Income/Expense, Net	$505.9K	$1.155M	$328.1K	-$40.00K	$0.00	$250.0K	$440.0K	$150.0K	$1.410M	$780.0K	$740.0K	$640.0K	$120.0K
YoY Change	-56.21%	252.12%	-920.33%		-100.0%	-43.18%	193.33%	-89.36%	80.77%	5.41%	15.63%	433.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$7.382M	$5.728M	-$8.264M	-$10.63M	-$9.300M	$2.030M	$4.480M	$8.330M	$9.150M	$17.57M	$11.91M	$12.31M	$7.780M
YoY Change	28.87%	-169.32%	-22.26%	14.3%	-558.13%	-54.69%	-46.22%	-8.96%	-47.92%	47.52%	-3.25%	58.23%
Income Tax	$2.364M	$3.142M	$2.429M	-$610.0K	$360.0K	$1.030M	$1.530M	$1.370M	$2.120M	$2.850M	$1.820M	$1.890M	$1.100M
% Of Pretax Income	32.03%	54.85%				50.74%	34.15%	16.45%	23.17%	16.22%	15.28%	15.35%	14.14%
Net Earnings	$5.018M	$2.586M	-$8.358M	-$6.520M	-$6.360M	$1.980M	$3.770M	$4.300M	$8.440M	$13.98M	$9.580M	$9.890M	$6.340M
YoY Change	94.01%	-130.94%	28.19%	2.52%	-421.21%	-47.48%	-12.33%	-49.05%	-39.63%	45.93%	-3.13%	55.99%
Net Earnings / Revenue	10.6%	4.83%	-15.12%	-15.42%	-12.92%	6.7%	8.91%	10.78%	18.03%	21.35%	15.65%	19.58%	13.29%
Basic Earnings Per Share	$2.02	$3.03	-$48.35	-$52.93
Diluted Earnings Per Share	$2.02	$3.00	-$2.015M	-$220.5K	-$220.5K	$68.87K	$145.2K	$186.8K	$397.4K	$333.7K	$443.5K	$457.9K	$293.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$29.09M	$18.98M	$43.14M	$37.10M	$12.40M	$7.700M	$9.700M	$5.900M	$6.300M	$400.0K	$1.700M	$600.0K	$100.0K
YoY Change	53.3%	-56.02%	16.29%	199.19%	61.04%	-20.62%	64.41%	-6.35%	1475.0%	-76.47%	183.33%	500.0%
Cash & Equivalents	$29.09M	$18.98M	$43.14M	$37.10M	$12.40M	$7.700M	$9.700M	$5.900M	$6.300M	$400.0K	$1.700M	$600.0K	$100.0K
Short-Term Investments
Other Short-Term Assets	$1.001M	$2.843M	$6.277M	$9.700M	$15.80M	$28.10M	$32.10M	$16.00M	$15.60M	$14.30M	$15.50M	$8.400M	$5.900M
YoY Change	-64.78%	-54.71%	-35.29%	-38.61%	-43.77%	-12.46%	100.63%	2.56%	9.09%	-7.74%	84.52%	42.37%
Inventory	$1.236M	$898.7K	$1.070M	$700.0K	$600.0K	$2.000M	$2.600M	$1.100M	$1.100M	$1.300M	$1.300M	$1.600M	$700.0K
Prepaid Expenses
Receivables	$41.80M	$40.17M	$44.96M	$34.40M	$39.40M	$32.50M	$44.80M	$40.60M	$40.50M	$43.60M	$28.50M	$20.40M	$29.50M
Other Receivables	$42.54M	$43.86M	$10.35M	$0.00	$0.00	$0.00	$0.00	$100.0K	$200.0K	$0.00	$1.800M	$17.90M	$15.90M
Total Short-Term Assets	$115.7M	$106.8M	$105.8M	$81.90M	$68.20M	$70.30M	$89.20M	$63.70M	$63.70M	$59.70M	$48.80M	$49.00M	$52.10M
YoY Change	8.35%	0.9%	29.19%	20.09%	-2.99%	-21.19%	40.03%	0.0%	6.7%	22.34%	-0.41%	-5.95%
Property, Plant & Equipment	$2.378M	$3.074M	$2.417M	$2.500M	$2.700M	$3.200M	$3.400M	$8.700M	$11.10M	$12.80M	$12.60M	$12.90M	$11.10M
YoY Change	-22.64%	27.16%	-3.32%	-7.41%	-15.63%	-5.88%	-60.92%	-21.62%	-13.28%	1.59%	-2.33%	16.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$23.43M	$24.12M	$26.10M	$25.50M	$23.90M	$18.20M	$0.00
YoY Change	-2.86%	-7.58%	2.34%	6.69%	31.32%
Other Assets	$0.00	$290.6K	$314.5K	$300.0K	$300.0K	$8.900M	$11.90M	$22.00M	$12.20M	$5.800M	$6.200M	$2.100M	$2.000M
YoY Change	-100.0%	-7.58%	4.82%	0.0%	-96.63%	-25.21%	-45.91%	80.33%	110.34%	-6.45%	195.24%	5.0%
Total Long-Term Assets	$26.02M	$27.38M	$28.72M	$34.40M	$47.30M	$63.90M	$49.30M	$30.60M	$23.40M	$19.00M	$19.30M	$14.80M	$12.90M
YoY Change	-4.96%	-4.68%	-16.51%	-27.27%	-25.98%	29.61%	61.11%	30.77%	23.16%	-1.55%	30.41%	14.73%
Total Assets	$141.7M	$134.1M	$134.5M	$116.3M	$115.5M	$134.2M	$138.5M	$94.30M	$87.10M	$78.70M	$68.10M	$63.80M	$65.00M
YoY Change
Accounts Payable	$6.631M	$5.616M	$1.564M	$1.500M	$1.700M	$2.500M	$5.300M	$1.900M	$3.100M	$3.700M	$3.200M	$3.000M	$6.300M
YoY Change	18.07%	259.14%	4.25%	-11.76%	-32.0%	-52.83%	178.95%	-38.71%	-16.22%	15.63%	6.67%	-52.38%
Accrued Expenses	$163.3K	$161.5K	$115.3K						$600.0K			$200.0K	$300.0K
YoY Change	1.15%	40.02%										-33.33%
Deferred Revenue
YoY Change
Short-Term Debt	$7.515M	$3.637M	$11.72M	$7.600M	$7.400M	$13.10M	$12.90M	$9.300M	$8.400M	$9.300M	$9.400M	$9.400M	$13.60M
YoY Change	106.65%	-68.98%	54.24%	2.7%	-43.51%	1.55%	38.71%	10.71%	-9.68%	-1.06%	0.0%	-30.88%
Long-Term Debt Due										$0.00	$4.100M	$0.00	$3.100M
YoY Change										-100.0%		-100.0%
Total Short-Term Liabilities	$17.61M	$13.54M	$21.77M	$16.80M	$19.10M	$22.20M	$26.80M	$14.10M	$14.00M	$16.20M	$20.20M	$16.70M	$29.30M
YoY Change	30.04%	-37.79%	29.57%	-12.04%	-13.96%	-17.16%	90.07%	0.71%	-13.58%	-19.8%	20.96%	-43.0%
Long-Term Debt	$0.00	$3.396M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$4.000M	$3.900M
YoY Change	-100.0%										-100.0%	2.56%
Other Long-Term Liabilities	$1.073M	$1.260M	$223.3K
YoY Change	-14.82%	464.27%
Total Long-Term Liabilities	$1.073M	$4.656M	$223.3K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$4.000M	$3.900M
YoY Change	-76.95%	1985.1%									-100.0%	2.56%
Total Liabilities	$15.97M	$16.05M	$20.27M	$17.40M	$25.30M	$32.10M	$37.70M	$14.10M	$17.40M	$19.40M	$22.60M	$22.60M	$34.50M
YoY Change	-0.49%	-20.81%	16.47%	-31.23%	-21.18%	-14.85%	167.38%	-18.97%	-10.31%	-14.16%	0.0%	-34.49%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	2.767M shares	996.9K shares	172.9K shares	123.2K shares
Diluted Shares Outstanding	2.767M shares	1.006M shares	172.9K shares	123.2K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.3175 Million

About TANTECH HOLDINGS LTD

Tantech Holdings Ltd. engages in the development and manufacture of bamboo-based charcoal products. The company is headquartered in Lishui, Zhejiang and currently employs 61 full-time employees. The company went IPO on 2015-03-24. The firm operates its business through three segments. The Consumer Products segment manufactures and sells Charcoal Doctor branded products and barbecue (BBQ) charcoal in China. Its consumer products include purification and deodorization products, cleaning products and barbecue charcoals. The Electronic Vehicles segment is engaged in the manufacture of electric vehicles and power batteries. The Trading segment conducts rubber and other trading businesses.

Industry: Industrial Organic Chemicals Peers: Hong Yuan Holding Group CN Energy Group Inc Gulf Resources Inc Baijiayun Group Ltd Lithium & Boron Technology, Inc.