Tuan Che Ltd - Understand $tc stock

$TC Market Cap: $1.777 Million

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Financial Snapshot

Revenue

$288.6M

TTM

Gross Margin

58.58%

TTM

Net Earnings

-$225.6M

TTM

Current Assets

$34.07M

Q2 2024

Current Liabilities

$77.02M

Q2 2024

Current Ratio

44.23%

Q2 2024

Total Assets

$90.95M

Q2 2024

Total Liabilities

$96.66M

Q2 2024

Book Value

-$5.713M

Q2 2024

Cash

$5.009M

Q2 2024

P/E

-0.007874

Nov 29, 2024 EST

Free Cash Flow

-$140.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$22.87M	$26.56M	$357.6M	$330.2M	$644.8M	$651.0M	$280.7M	$117.4M
YoY Change	-13.9%	-92.57%	8.28%	-48.79%	-0.95%	131.92%	139.1%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$22.87M	$26.56M	$357.6M	$330.2M	$644.8M	$651.0M	$280.7M	$117.4M
Cost Of Revenue	$9.710M	$9.016M	$85.29M	$88.80M	$186.5M	$183.4M	$85.70M	$17.70M
Gross Profit	$13.16M	$17.54M	$272.3M	$241.4M	$458.2M	$467.6M	$194.9M	$99.60M
Gross Profit Margin	57.54%	66.05%	76.15%	73.11%	71.06%	71.83%	69.43%	84.84%

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
Selling, General & Admin	$28.41M	$27.90M	$347.5M	$378.5M	$675.9M	$516.4M	$250.7M	$161.1M
YoY Change	1.82%	-91.97%	-8.2%	-44.0%	30.89%	105.98%	55.62%
% of Gross Profit	215.88%	159.01%	127.62%	156.79%	147.51%	110.44%	128.63%	161.75%
Research & Development	$1.587M	$2.871M	$35.65M	$34.30M	$43.30M	$19.30M	$15.90M	$19.60M
YoY Change	-44.72%	-91.95%	3.94%	-20.79%	124.35%	21.38%	-18.88%
% of Gross Profit	12.06%	16.36%	13.09%	14.21%	9.45%	4.13%	8.16%	19.68%
Depreciation & Amortization	$0.00	$310.0K	$7.408M	$5.920M	$3.480M	$1.060M	$970.0K	$1.210M
YoY Change	-100.0%	-95.82%	25.14%	70.11%	228.3%	9.28%	-19.83%
% of Gross Profit	0.0%	1.77%	2.72%	2.45%	0.76%	0.23%	0.5%	1.21%
Operating Expenses	$30.21M	$33.63M	$383.1M	$412.8M	$719.3M	$535.7M	$266.7M	$180.7M
YoY Change	-10.18%	-91.22%	-7.19%	-42.61%	34.27%	100.86%	47.59%
Operating Profit	-$17.05M	-$16.09M	-$110.8M	-$171.4M	-$261.1M	-$68.10M	-$71.80M	-$81.10M
YoY Change	5.97%	-85.49%	-35.33%	-34.35%	283.41%	-5.15%	-11.47%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	-$20.00K	-$25.00K	$734.0K	$3.300M	$5.400M	-$6.600M	-$4.000M	-$200.0K
YoY Change	-20.0%	-103.41%	-77.76%	-38.89%	-181.82%	65.0%	1900.0%
% of Operating Profit
Other Income/Expense, Net	$2.471M	$825.0K	$8.868M	$3.500M	$5.300M	-$500.0K	$100.0K	-$200.0K
YoY Change	199.52%	-90.7%	153.37%	-33.96%	-1160.0%	-600.0%	-150.0%

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
Pretax Income	-$11.69M	-$23.72M	-$101.9M	-$164.5M	-$251.3M	-$75.10M	-$75.70M	-$81.50M
YoY Change	-50.73%	-76.73%	-38.03%	-34.54%	234.62%	-0.79%	-7.12%
Income Tax	$0.00	-$5.451M	$0.00	-$1.000M	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$11.69M	-$22.93M	-$101.9M	-$163.0M	-$250.6M	-$78.70M	-$90.70M	-$86.60M
YoY Change	-49.03%	-77.51%	-37.46%	-34.96%	218.42%	-13.23%	4.73%
Net Earnings / Revenue	-51.11%	-86.33%	-28.51%	-49.36%	-38.86%	-12.09%	-32.31%	-73.76%
Basic Earnings Per Share	-$0.20	-$0.49	-$0.33	-$0.54
Diluted Earnings Per Share	-$0.20	-$0.49	-$332.3K	-$535.5K	-$849.8K	-$1.089M	-$1.148M	-$1.096M

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
Cash & Short-Term Investments	$9.564M	$69.90M	$63.46M	$155.6M	$193.9M	$578.6M	$70.70M	$24.80M
YoY Change	-86.32%	10.14%	-59.22%	-19.75%	-66.49%	718.39%	185.08%
Cash & Equivalents	$9.564M	$69.90M	$63.46M	$109.9M	$193.9M	$578.6M	$66.70M	$24.80M
Short-Term Investments			$0.00	$45.70M		$0.00	$4.000M	$0.00
Other Short-Term Assets	$23.54M	$53.80M	$94.30M	$89.70M	$265.0M	$68.80M	$28.10M	$15.80M
YoY Change	-56.25%	-42.94%	5.12%	-66.15%	285.17%	144.84%	77.85%
Inventory
Prepaid Expenses
Receivables	$28.89M	$49.97M	$47.95M	$66.10M	$72.40M	$52.30M	$8.500M	$4.900M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.200M	$1.200M
Total Short-Term Assets	$62.00M	$173.7M	$205.7M	$311.4M	$531.4M	$699.6M	$109.5M	$46.70M
YoY Change	-64.3%	-15.58%	-33.94%	-41.4%	-24.04%	538.9%	134.48%
Property, Plant & Equipment	$5.706M	$10.14M	$8.571M	$16.50M	$20.40M	$11.60M	$900.0K	$1.600M
YoY Change	-43.7%	18.25%	-48.05%	-19.12%	75.86%	1188.89%	-43.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.564M	$5.383M	$5.357M	$8.900M	$7.900M	$4.400M	$1.000M	$1.000M
YoY Change	3.36%	0.49%	-39.81%	12.66%	79.55%	340.0%	0.0%
Other Assets	$522.0K	$522.0K	$313.0K	$300.0K	$7.600M	$10.30M	$1.300M	$0.00
YoY Change	0.0%	66.77%	4.33%	-96.05%	-26.21%	692.31%
Total Long-Term Assets	$57.35M	$61.60M	$147.4M	$163.0M	$35.80M	$26.30M	$3.300M	$2.700M
YoY Change	-6.9%	-58.2%	-9.59%	355.31%	36.12%	696.97%	22.22%
Total Assets	$119.3M	$235.3M	$353.1M	$474.4M	$567.2M	$725.9M	$112.8M	$49.40M
YoY Change
Accounts Payable	$10.41M	$5.308M	$29.58M	$21.80M	$5.800M	$7.000M	$3.300M	$200.0K
YoY Change	96.04%	-82.05%	35.67%	275.86%	-17.14%	112.12%	1550.0%
Accrued Expenses	$33.32M	$62.87M	$42.46M	$63.90M	$68.00M	$48.80M	$41.80M	$36.30M
YoY Change	-47.0%	48.07%	-33.55%	-6.03%	39.34%	16.75%	15.15%
Deferred Revenue
YoY Change
Short-Term Debt	$17.19M	$3.169M	$7.000M	$0.00	$0.00	$36.40M	$69.70M	$65.00M
YoY Change	442.35%	-54.73%			-100.0%	-47.78%	7.23%
Long-Term Debt Due						$0.00	$25.00M	$0.00
YoY Change						-100.0%
Total Short-Term Liabilities	$86.76M	$100.2M	$151.8M	$176.2M	$142.1M	$123.9M	$171.0M	$113.0M
YoY Change	-13.42%	-33.98%	-13.86%	24.0%	14.69%	-27.54%	51.33%
Long-Term Debt	$3.000M	$1.546M	$0.00	$0.00	$0.00	$0.00	$2.900M	$0.00
YoY Change	94.05%					-100.0%
Other Long-Term Liabilities	$10.10M	$32.38M	$2.530M	$5.700M	$2.200M	$0.00	$2.800M	$0.00
YoY Change	-68.81%	1179.84%	-55.61%	159.09%		-100.0%
Total Long-Term Liabilities	$13.10M	$33.93M	$2.530M	$5.700M	$2.200M	$0.00	$5.700M	$0.00
YoY Change	-61.39%	1240.95%	-55.61%	159.09%		-100.0%
Total Liabilities	$99.86M	$134.1M	$158.7M	$186.2M	$143.6M	$123.9M	$176.8M	$113.0M
YoY Change	-25.55%	-15.46%	-14.79%	29.67%	15.9%	-29.92%	56.46%

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	406.8M	319.5M	306.8M	304.4M
Diluted Shares Outstanding	406.8M	319.5M	306.8M	304.4M
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: $1.7766 Million

About TuanChe Ltd

TuanChe Ltd. operates as a holding company, which engages in the operation of an omni-channel automotive marketplace. The company is headquartered in Beijing, Beijing and currently employs 324 full-time employees. The company went IPO on 2018-11-20. The firm mainly provides offline marketing solutions, referral service for commercial bank and online marketing services and others. The firm offers marketing solutions by integrating online platform and offline sales events. Its online platform, which consists of its tuanche.com website, apps, official WeChat account, WeChat mini-programs, Cheshangtong, and other mobile outlets, serves as a platform for consumer acquisition and management.

Industry: Services-Business Services, NEC Peers: AIRNET TECHNOLOGY INC. Baosheng Media Group Holdings Ltd ZW Data Action Technologies Inc.