QSJC
Tancheng Group Co., Ltd.0.2101
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
920.56KP/E (TTM)
-Basic EPS (TTM)
-0.08Dividend Yield
0%Recent Filings
10-Q
10-Q
Q2 FY2025 results
Tancheng Group posted Q2 revenue of $19,097, up sharply from $244 a year earlier, while YTD revenue climbed 4.3% to $163,830; gross margin swung to 18.0% from a 761.1% loss, yet operating loss narrowed to $85,159 from $93,166 as fixed costs spread thinner. YTD, operating loss widened slightly to $207,396 from $201,063, driven by higher general and administrative expenses, with net loss at $207,364 matching on minimal other income. Cash dwindled to $17,444 after $276,693 in operating outflows, offset by $192,617 from related parties; inventories rose to $1.36M amid a $1.77M working capital deficit. Related-party sales hit 67% of YTD revenue. Revenue relies heavily on PRC economic stability.
10-Q
Q1 FY2025 results
Tancheng Group posted Q1 FY2025 revenue of $144,733, down 8.2% y/y from $157,625, as units sold fell 10.2% amid intensified competition and price sensitivity, yet gross profit held at $39,512 with margins edging up to 27.3% from 26.4% on lower costs. Operating loss widened to $122,237, a 13.3% y/y increase (derived), driven by 8.7% higher general and administrative expenses from inflation, while net loss hit $122,207 or $0.03 per diluted share on 4,381,550 shares—consistent with no anti-dilution. Cash dwindled to $19,836 after $212,513 in operating outflows, offset by $131,306 from related parties; inventories rose to $1.3M, but working capital deficit deepened to $1.7M with $3.1M liabilities mostly to related parties. Related-party sales hit 68.1% of revenue. Cash burn persists.
10-K
FY2024 results
Tancheng Group posted FY2024 revenue of $502,550, down 74.5% y/y from $1,969,094, as unit sales of ornament products plunged 81.9% amid fierce competition and price cuts to lure buyers. Yet gross margins swelled to 27.2% from 18.3%, fueled by cheaper sourcing and a bigger slice of high-margin Chinese Twelve Zodiac Pendants, trimming net loss to $288,160 from $289,666. Q4 momentum faltered with no quarterly breakdowns disclosed, but annual trends point to stabilizing losses via cost controls. Cash dipped to $100,653, propped by $282K related-party funding; no dividends or buybacks. Outlook eyes tourism launches, but PRC regulatory shifts loom large.
10-Q
Q3 FY2024 results
Tancheng Group posted Q3 revenue of $145,764, down 76.7% y/y from $625,954, while gross profit held at $40,641 with margins edging up to 27.9% from 26.8% on lower input costs from a single supplier. For the nine months, revenue fell 83.4% y/y to $302,899, gross margins climbed to 26.5% from 17.6%, but operating loss widened to $255,075 from $226,433 as sales volumes dropped 86.8% amid fierce price competition; net loss hit $254,896, matching operating loss with no material other items. Cash dipped to $189,842 after $443K used in operations, offset by $222K related-party advances that trimmed net debt to related parties to $2.9M. Revenue hinges on one customer for 99% of Q3 sales. Controls falter with limited resources.
BQ
Boqii Holding Limited
2.10+0.00
ECXJ
CXJ GROUP CO LIMITED
1.83+0.00
JRSS
JRSIS Health Care Corp
0.02+0.00
MNSO
MINISO Group Holding Limited
20.21+0.11
OCG
Oriental Culture Holding LTD
0.15-0.03
PDD
PDD Holdings Inc.
109.02-1.38
QVCGA
QVC Group, Inc. - Series A
11.55-0.26
VIPS
Vipshop Holdings Limited
19.15-0.37
WYGC
-
0.06+0.00
YJ
Yunji Inc. - American Depositor
1.40-0.09