TANCHENG GROUP CO., LTD. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data TANCHENG GROUP CO., LTD. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2019	FY2019	FY2020	FY2021	FY2022	FY2022	FY2023	FY2024	FY2025
Revenue	0	0	0	0	0	0.59	1.97	0.5	0.22
Cost of revenue						0.52	1.61	0.37	0.16
Gross profit						0.07	0.36	0.14	0.05
Selling and marketing						0.02	0.03	0.03	0.03
General and administrative	0	0	0	0.02	0.05	0.51	0.62	0.4	0.4
Operating expenses			0.01	0.05	0.06	1.08	0.65	0.43	0.43
Operating income	0	-0.02	0.01	-0.05	-0.06	-1.01	-0.29	-0.29	-0.37
Pre-tax income						-1.01	-0.29	-0.29	-0.37
Income tax	0	0	0	0	0	0	0	0	0
Income from continuing operations	-0	-0.02	-0.01
Net income	-0	-0.02	-0.01	-0.05	-0.06	-1.01	-0.29	-0.29	-0.37
EBITDA						-1.01	-0.27	-0.26	-0.34
EPS, basic	0.00	0.00	0.00	-0.01	-0.01	-0.23	-0.07	-0.07	-0.08
EPS, diluted	0.00	0.00	0.00	-0.01	-0.01	-0.23	-0.07	-0.07	-0.08
Shares, basic (weighted)			4.01	4.38	4.38	4.38	4.38	4.38	4.38
Shares, diluted (weighted)	0	3.17	4.01	4.38	4.38	4.38	4.38	4.38	4.38
Dividend per share		1,450.00

Balance sheet

	FY2019	FY2019	FY2020	FY2021	FY2022	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	0	0	0	0	0	0.07	0.41	0.1	0.02
Inventory						0.67	1.25	1.3	1.39
Other current assets	0	0	0	0	0	0			0
Total current assets	0	0	0	0	0	2.46	3.38	1.48	1.45
Property, plant and equipment						0	0.12	0.09	0.07
Intangible assets				0	0.02	0
Total assets	0	0	0	0	0.02	2.46	3.5	1.57	1.52
Accounts payable	0	0	0		0.01	0	0.15	0.06	0
Accrued liabilities	0	0.01	0.02	0.02	0.07	0
Total current liabilities	0	0.02	0.02	0.06	0.15	3.39	4.7	3.03	3.4
Total liabilities	-0	-0.01	0.02	0.06	0.15	3.39	4.7	3.03	3.4
Paid-in capital	0	0	0.02	0.02	0.02	0.16	0.16	0.16	0.16
Retained earnings	-0	-0.02	-0.03	-0.08	-0.14	-1.12	-1.41	-1.7	-2.07
Treasury stock		-0
Other comprehensive income									0.03
Shareholders' equity	-0	-0.01	-0.01	-0.06	-0.12	-0.93	-1.2	-1.46	-1.88
Total equity	-0	-0.01	-0.01	-0.06	-0.12	-0.93	-1.2	-1.46	-1.88
Total liabilities and equity	0	0	0	0	0.02	2.46	3.5	1.57	1.52
Shares outstanding	0	3.57	4.38	4.38	4.38	4.38	4.38	4.38	4.38

Cash flow statement

	FY2019	FY2019	FY2020	FY2021	FY2022	FY2022	FY2023	FY2024	FY2025
Net income	-0	-0.02	-0.01	-0.05	-0.06	-1.01	-0.29	-0.29	-0.37
Depreciation and amortization						0	0.02	0.03	0.03
Deferred income tax	0	0
Change in inventory						-0.22	-0.6	-0.09	-0.03
Change in payables	0	0	-0	0	0.01	-0.38	0.15	-0.09	-0.06
Cash from operations	-0	-0.02	-0.02	-0.02	-0.01	-2.75	-0.64	-0.59	-0.45
Capital expenditures						-0	0
Cash from investing	0	0	0	0	-0.02	-0	-0.14	0
Stock issued		0	0.02
Share buybacks		-0
Cash from financing	0	0.02	0.02	0.02	0.03	2.39	1.12	0.28	0.36
Exchange rate effect						-0.03	-0	-0.01	0
Net change in cash	0	0		0	-0	-0.4	0.34	-0.31	-0.08
Free cash flow						-2.76	-0.64
Interest paid	0	0	0	0	0
Income taxes paid	0	0	0	0	0

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.17 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	22.0%	Gross profit / revenue.
Operating margin	-776.2%	Operating income / revenue.
EBITDA margin	-724.5%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	-776.5%	Pre-tax income / revenue.
Net margin	-776.5%	Net income / revenue.
Operating cash flow margin	-825.4%	Cash from operations / revenue.
Return on assets (ROA)	-21.0%	Net income / average total assets.
D&A / revenue	51.7%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-56.8%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-28.4%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y	-60.1%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-9.2%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	-3.4%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-14.9%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	347.3%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	0.0%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	0.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	0.46x	Current assets / current liabilities.
Quick ratio	0.06x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.06x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	210.4%	Total liabilities / total assets.
Working capital	-$2.2M	Current assets - current liabilities.
Tangible book value	-$2.2M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.03x	Revenue / average total assets.
Fixed asset turnover	0.90x	Revenue / average property, plant and equipment.
Inventory turnover	0.03x	Cost of revenue / average inventory.
Days inventory	12,585 days	365 x average inventory / cost of revenue.
Days payables	26 days	365 x average accounts payable / cost of revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.09	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$0.01	Revenue / diluted weighted shares.
Operating cash flow per share	-$0.10	Cash from operations / diluted weighted shares.
Book value per share	-$0.49	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$0.49	Tangible book value / shares outstanding.
Cash per share	$0.06	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$723.4K	Share price x shares outstanding.
Enterprise value	$479.3K	Market cap + total debt - cash - short-term investments.
P/S	13.6x	Market cap / revenue.
EV/Sales	9.01x	Enterprise value / revenue.
Earnings yield	-57.1%	Net income / market cap (the inverse of P/E).

What was TANCHENG GROUP CO., LTD.'s revenue in fiscal 2025?

TANCHENG GROUP CO., LTD. reported revenue of $217.0K for fiscal 2025, 56.8% lower than the year before.

Was TANCHENG GROUP CO., LTD. profitable in fiscal 2025?

No. It reported a net loss of $371.2K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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