Zhongchao Inc - Understand $zcmd stock

$ZCMD Market Cap: $13.03 Million

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Financial Snapshot

Revenue

$33.59M

TTM

Gross Margin

44.05%

TTM

Net Earnings

-$14.28M

TTM

Current Assets

$18.71M

Q4 2023

Current Liabilities

$2.678M

Q4 2023

Current Ratio

698.6%

Q4 2023

Total Assets

$24.42M

Q4 2023

Total Liabilities

$3.378M

Q4 2023

Book Value

$21.04M

Q4 2023

Cash

$7.549M

Q4 2023

P/E

-0.9130

Oct 16, 2024 EST

Free Cash Flow

-$3.063M

TTM

Revenues

Revenue YoY Change

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

Gross Profit

Gross Profit Margin

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

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
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

Interest Expenses To Operating Income %

Other Expense/Income

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

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
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

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
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

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
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

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $13.034 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.

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