Financial Snapshot

Revenue
$34.64M
TTM
Gross Margin
40.9%
TTM
Net Earnings
-$14.28M
TTM
Current Assets
$16.71M
Q2 2024
Current Liabilities
$2.763M
Q2 2024
Current Ratio
604.54%
Q2 2024
Total Assets
$24.03M
Q2 2024
Total Liabilities
$6.367M
Q2 2024
Book Value
$17.67M
Q2 2024
Cash
$6.280M
Q2 2024
P/E
-0.2401
Nov 29, 2024 EST
Free Cash Flow
-$3.511M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $19.43M $14.15M $16.30M $17.99M $14.88M $12.87M $9.820M
YoY Change 37.33% -13.16% -9.41% 20.9% 15.62% 31.06%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $19.43M $14.15M $16.30M $17.99M $14.88M $12.87M $9.820M
Cost Of Revenue $10.92M $7.795M $6.858M $6.120M $4.660M $4.460M $3.970M
Gross Profit $8.512M $6.357M $9.439M $11.87M $10.23M $8.410M $5.850M
Gross Profit Margin 43.8% 44.92% 57.92% 65.98% 68.75% 65.35% 59.57%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $13.41M $8.900M $9.001M $6.570M $5.720M $3.690M $3.850M
YoY Change 50.66% -1.12% 37.0% 14.86% 55.01% -4.16%
% of Gross Profit 157.52% 140.0% 95.36% 55.35% 55.91% 43.88% 65.81%
Research & Development $514.4K $411.5K $758.9K $820.0K $860.0K $1.450M $940.0K
YoY Change 25.0% -45.77% -7.45% -4.65% -40.69% 54.26%
% of Gross Profit 6.04% 6.47% 8.04% 6.91% 8.41% 17.24% 16.07%
Depreciation & Amortization $518.5K $241.8K $341.6K $200.0K $100.0K $40.00K $20.00K
YoY Change 114.39% -29.21% 70.81% 100.0% 150.0% 100.0%
% of Gross Profit 6.09% 3.8% 3.62% 1.68% 0.98% 0.48% 0.34%
Operating Expenses $21.80M $9.311M $9.760M $7.380M $6.580M $5.130M $4.800M
YoY Change 134.09% -4.59% 32.24% 12.16% 28.27% 6.88%
Operating Profit -$13.28M -$2.954M -$320.7K $4.490M $3.650M $3.280M $1.050M
YoY Change 349.62% 821.14% -107.14% 23.01% 11.28% 212.38%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $892.0K $142.0K $176.0K $150.0K $210.0K $190.0K $20.00K
YoY Change 528.12% -19.31% 17.33% -28.57% 10.53% 850.0%
% of Operating Profit 3.34% 5.75% 5.79% 1.9%
Other Income/Expense, Net $1.070M $262.4K $34.00K $310.0K $530.0K $40.00K $280.0K
YoY Change 307.61% 671.89% -89.03% -41.51% 1225.0% -85.71%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$11.98M -$2.550M -$110.8K $4.940M $4.390M $3.500M $1.340M
YoY Change 369.69% 2202.49% -102.24% 12.53% 25.43% 161.19%
Income Tax -$669.8K $272.3K -$349.4K $480.0K $390.0K $500.0K -$150.0K
% Of Pretax Income 9.72% 8.88% 14.29% -11.19%
Net Earnings -$11.34M -$2.822M $238.7K $4.460M $4.050M $3.020M $1.530M
YoY Change 301.65% -1282.52% -94.65% 10.12% 34.11% 97.39%
Net Earnings / Revenue -58.33% -19.94% 1.46% 24.79% 27.22% 23.47% 15.58%
Basic Earnings Per Share -$4.35 -$0.11 $0.01 $0.18
Diluted Earnings Per Share -$4.35 -$0.11 $9.570K $182.6K $187.5K $145.5K $78.22K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $13.45M $12.04M $14.21M $17.11M $7.830M $9.080M $4.800M
YoY Change 11.7% -15.29% -16.94% 118.52% -13.77% 89.17%
Cash & Equivalents $7.549M $11.52M $13.91M $15.07M $7.830M $7.920M $2.980M
Short-Term Investments $5.898M $518.4K $296.2K $2.030M $0.00 $1.160M $1.820M
Other Short-Term Assets $1.656M $1.343M $770.7K $2.160M $1.510M $1.480M $300.0K
YoY Change 23.35% 74.21% -64.32% 43.05% 2.03% 393.33%
Inventory $592.0K $189.1K
Prepaid Expenses
Receivables $2.553M $6.773M $9.219M $10.32M $5.080M $1.990M $1.300M
Other Receivables $463.0K $2.361M $3.053M $0.00 $90.00K $0.00 $0.00
Total Short-Term Assets $18.71M $22.70M $27.25M $29.60M $14.51M $12.56M $6.410M
YoY Change -17.59% -16.69% -7.93% 104.0% 15.53% 95.94%
Property, Plant & Equipment $4.019M $5.558M $4.129M $2.060M $2.140M $670.0K $50.00K
YoY Change -27.69% 34.61% 100.43% -3.74% 219.4% 1240.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.311M $1.264M $2.143M $1.260M
YoY Change 3.73% -41.03% 70.1%
Other Assets $358.0K $2.104M $2.358M $1.500M $690.0K $380.0K $460.0K
YoY Change -82.99% -10.76% 57.2% 117.39% 81.58% -17.39%
Total Long-Term Assets $5.706M $15.91M $9.014M $5.220M $3.230M $1.490M $570.0K
YoY Change -64.14% 76.51% 72.68% 61.61% 116.78% 161.4%
Total Assets $24.42M $38.61M $36.27M $34.82M $17.74M $14.05M $6.980M
YoY Change
Accounts Payable $684.0K $140.8K $38.93K $410.0K $120.0K $20.00K $580.0K
YoY Change 385.69% 261.75% -90.5% 241.67% 500.0% -96.55%
Accrued Expenses $1.003M $1.157M $1.064M $1.040M $770.0K $300.0K $210.0K
YoY Change -13.33% 8.78% 2.29% 35.06% 156.67% 42.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $730.0K $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.678M $4.165M $3.588M $2.980M $2.360M $2.330M $1.560M
YoY Change -35.7% 16.07% 20.42% 26.27% 1.29% 49.36%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $572.0K $1.222M $112.6K $0.00 $40.00K $330.0K $220.0K
YoY Change -53.19% 985.22% -100.0% -87.88% 50.0%
Total Long-Term Liabilities $572.0K $1.222M $112.6K $0.00 $40.00K $330.0K $220.0K
YoY Change -53.19% 985.22% -100.0% -87.88% 50.0%
Total Liabilities $6.410M $8.686M $3.701M $2.980M $2.350M $2.630M $1.770M
YoY Change -26.2% 134.7% 24.19% 26.81% -10.65% 48.59%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 2.603M shares 26.00M shares 24.94M shares 24.43M shares
Diluted Shares Outstanding 2.603M shares 26.00M shares 24.94M shares 24.43M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.4284 Million

About Zhongchao Inc.

Zhongchao, Inc. is a holding company, which engages in the provision of healthcare information, education, and training services. The company is headquartered in Shanghai, Shanghai and currently employs 142 full-time employees. The company went IPO on 2020-02-19. Under the MDMOOC brand, the Company offers a wide range of online and onsite health information services, healthcare education programs, and healthcare training products, consisting primarily of clinical practice training, open classes of medical topics, interactive case studies, academic conference and workshops, continuing education courses, and articles and short videos with educational healthcare content to healthcare professionals as well as the public.

Industry: Services-Educational Services Peers: 17 Education & Technology Group Inc. ATA Creativity Global Bright Scholar Education Holdings Ltd 51Talk Online Education Group Four Seasons Education (Cayman) Inc. Meta Data Ltd TCTM Kids IT Education Inc.