Tancheng Group Co Ltd Financials
Tancheng Group Co Ltd (QSJC) reported $217K in revenue for fiscal year 2025, down 56.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Falling sales against a fixed overhead base and inventory-heavy working capital are driving recurring cash losses and financing dependence.
From FY2023 to FY2025, revenue collapsed from$2.0M to$217K while inventory kept rising from$1.3M to$1.4M ; the company was tying up more cash in stock even as sales slowed sharply. That helps explain why cash fell to$17K in FY2025 even though gross margin still held near25.0% .
The balance sheet is being carried by external funding, not accumulated earnings: equity moved from
The most revealing margin pattern is the gap between gross margin improvement and operating margin collapse: gross margin rose from
Financial Health Signals
Tancheng Group Co Ltd does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Tancheng Group Co Ltd scores -3.98, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($723K) relative to total liabilities ($3.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tancheng Group Co Ltd passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Tancheng Group Co Ltd reported a net loss of $371K while operations used $449K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Tancheng Group Co Ltd generated $217K in revenue in fiscal year 2025. This represents a decrease of 56.8% from the prior year.
Tancheng Group Co Ltd's EBITDA was -$344K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 31.6% from the prior year.
Tancheng Group Co Ltd reported -$371K in net income in fiscal year 2025. This represents a decrease of 28.8% from the prior year.
Tancheng Group Co Ltd earned -$0.08 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 14.3% from the prior year.
Cash & Balance Sheet
Tancheng Group Co Ltd held $17K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Tancheng Group Co Ltd's gross margin was 25.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.1 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
QSJC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $72K | $217K-56.8% | $503K-74.5% | $2.0M+233.6% | $590K | $0 | $0 | $0 | $0 |
| Cost of Revenue | $57K | $162K-55.6% | $366K-77.3% | $1.6M+210.9% | $517K | N/A | N/A | N/A | N/A |
| Gross Profit | $15K | $55K-60.1% | $137K-62.0% | $361K+393.9% | $73K | N/A | N/A | N/A | N/A |
| SG&A Expenses | $395K | $399K+0.2% | $398K-36.2% | $624K+22.5% | $509K | N/A | $366+363.3% | $79 | N/A |
| Operating Income | -$407K | -$371K-28.7% | -$288K+0.8% | -$291K+71.3% | -$1.0M | N/A | N/A | N/A | N/A |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$407K | -$371K-28.8% | -$288K+0.5% | -$290K+71.3% | -$1.0M | N/A | N/A | N/A | N/A |
| EPS (Diluted) | — | -$0.08-14.3% | -$0.070.0% | -$0.07+69.6% | -$0.23-2200.0% | -$0.01 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
QSJC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.5M-3.4% | $1.6M-55.1% | $3.5M+42.2% | $2.5M+290026.5% | $849-65.4% | $2K+11.6% | $2K+1075.4% | $187 |
| Current Assets | $1.4M-2.1% | $1.5M-56.2% | $3.4M+37.1% | $2.5M+290026.5% | $849-65.4% | $2K+11.6% | $2K+1075.4% | $187 |
| Cash & Equivalents | $17K-82.9% | $101K-75.6% | $412K+478.8% | $71K+57325.0% | $124-92.3% | $2K+13.0% | $1K | $0 |
| Inventory | $1.4M+6.5% | $1.3M+4.1% | $1.3M+86.4% | $672K | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.4M+12.1% | $3.0M-35.5% | $4.7M+38.4% | $3.4M+5593.7% | $60K+293.5% | $15K-10.9% | $17K+8987.7% | $187 |
| Current Liabilities | $3.4M+12.1% | $3.0M-35.5% | $4.7M+38.4% | $3.4M+5593.7% | $60K+293.5% | $15K-10.9% | $17K | N/A |
| Total Equity | -$1.9M-28.9% | -$1.5M-21.8% | -$1.2M-28.5% | -$930K-1483.0% | -$59K-362.9% | -$13K+14.2% | -$15K | $0 |
| Retained Earnings | -$2.1M-21.8% | -$1.7M-20.4% | -$1.4M-25.8% | -$1.1M-1306.6% | -$80K-136.2% | -$34K-71.3% | -$20K-1266.5% | -$1K |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill, Long-Term Debt.
QSJC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$429K | -$449K+23.4% | -$587K+7.6% | -$635K+76.9% | -$2.8M | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | $0-100.0% | $900 | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | -$635K+77.0% | -$2.8M | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | $0+100.0% | -$143K-15814.6% | -$900 | $0 | $0 | $0 | $0 |
| Financing Cash Flow | $431K | $364K+29.0% | $282K-74.9% | $1.1M-53.0% | $2.4M | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $4K | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
QSJC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.2%-2.1pp | 27.3%+8.9pp | 18.3%+5.9pp | 12.4% | N/A | N/A | N/A | N/A |
| Operating Margin | -171.1% | -57.4%-42.6pp | -14.8% | -171.4% | N/A | N/A | N/A | N/A |
| Net Margin | -171.0% | -57.3%-42.6pp | -14.7% | -171.3% | N/A | N/A | N/A | N/A |
| Return on Assets | -24.4%-6.1pp | -18.3%-10.0pp | -8.3%+32.8pp | -41.0% | N/A | N/A | N/A | N/A |
| Current Ratio | 0.43-0.1x | 0.49-0.2x | 0.720.0x | 0.73+0.7x | 0.01-0.1x | 0.160.0x | 0.13 | N/A |
| FCF Margin | N/A | N/A | -32.3% | -466.8% | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$1.9M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.43), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Tancheng Group Co Ltd Ranks
Frequently Asked Questions
What is Tancheng Group Co Ltd's annual revenue?
Tancheng Group Co Ltd (QSJC) reported $217K in total revenue for fiscal year 2025. This represents a -56.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tancheng Group Co Ltd's revenue growing?
Tancheng Group Co Ltd (QSJC) revenue declined by 56.8% year-over-year, from $503K to $217K in fiscal year 2025.
Is Tancheng Group Co Ltd profitable?
No, Tancheng Group Co Ltd (QSJC) reported a net income of -$371K in fiscal year 2025.
What is Tancheng Group Co Ltd's EBITDA?
Tancheng Group Co Ltd (QSJC) had EBITDA of -$344K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Tancheng Group Co Ltd's gross margin?
Tancheng Group Co Ltd (QSJC) had a gross margin of 25.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tancheng Group Co Ltd's operating cash flow?
Tancheng Group Co Ltd (QSJC) recorded an outflow of $449K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Tancheng Group Co Ltd's total assets?
Tancheng Group Co Ltd (QSJC) had $1.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Tancheng Group Co Ltd's current ratio?
Tancheng Group Co Ltd (QSJC) had a current ratio of 0.43 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Tancheng Group Co Ltd's return on assets (ROA)?
Tancheng Group Co Ltd (QSJC) had a return on assets of -24.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Tancheng Group Co Ltd's cash runway?
Based on fiscal year 2025 data, Tancheng Group Co Ltd (QSJC) had $17K in cash against an annual operating cash burn of $449K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Tancheng Group Co Ltd's debt-to-equity ratio negative or not reported?
Tancheng Group Co Ltd (QSJC) has negative shareholder equity of -$1.9M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Tancheng Group Co Ltd's Altman Z-Score?
Tancheng Group Co Ltd (QSJC) has an Altman Z-Score of -3.98, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tancheng Group Co Ltd's Piotroski F-Score?
Tancheng Group Co Ltd (QSJC) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tancheng Group Co Ltd's earnings high quality?
Tancheng Group Co Ltd (QSJC) reported a net loss of $371K while operations used $449K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.