TuanChe (TC) AI Stock Analysis

• Market Cap: $2.54M
• Dividend Yield: N/A
• Average Volume (3M): 14.68K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.09
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 116
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): -0.79
• Shares Outstanding: 1,680,200
• 10 Day Avg. Volume: 12,807
• 30 Day Avg. Volume: 14,682
• PEG Ratio: -0.02
• Price to Book (P/B): -2.57
• Price to Sales (P/S): 7.36
• P/FCF Ratio: -10.42
• Enterprise Value/Market Cap: 2.73
• Enterprise Value/Revenue: 0.19
• Enterprise Value/Gross Profit: 0.26
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 30 Underperform
• Price Target: ―

TuanChe faces significant financial challenges with declining revenues and high leverage, leading to financial instability. The technical analysis shows a bearish trend, while the valuation indicates unattractiveness due to consistent losses. Overall, the stock is rated low due to financial distress and bearish technical indicators.

TuanChe Business Overview & Revenue Model

Company Description

Token Cat Ltd. operates as a holding company, which engages in the operation of an omni-channel automotive marketplace. It offers auto shows, group-purchase facilitation, and virtual dealership services. The company was founded by Wei Wen and Jian Chen Sun in 2010 and is headquartered in Beijing, China.

How the Company Makes Money

TuanChe makes money primarily through transaction fees and service charges associated with its automotive marketplace services. By organizing large-scale auto shows and online events, TuanChe attracts various car dealers and manufacturers who pay to participate and showcase their vehicles. Additionally, the company earns revenue from advertising and marketing services offered to car manufacturers and dealers looking to reach a wider audience. TuanChe also leverages data analytics to provide value-added services, enhancing its revenue streams through strategic partnerships within the automotive industry.

TuanChe Financial Statement Overview

Summary

TuanChe's financial statements indicate significant distress with declining revenues, high leverage, and negative cash flows. The income statement shows consistent losses, the balance sheet reflects financial instability, and cash flows are negative, pointing to substantial financial challenges.

Income Statement

The company has been facing declining revenue with a significant drop from 2019 to 2024. The gross profit margin has decreased over time, indicating declining profitability. The net profit margin is negative, reflecting annual losses. Overall, the income statement shows a challenging financial situation with consistent negative EBIT and EBITDA margins, highlighting operational inefficiencies.

Balance Sheet

The company's balance sheet reveals high leverage with a negative stockholders' equity in 2024, indicating potential financial instability. The debt-to-equity ratio is concerning, and the equity ratio has been declining. The negative equity and asset position suggest significant financial risk.

Cash Flow

Cash flow analysis shows consistent negative free cash flow over the years, indicating cash outflows exceeding cash inflows. The operating cash flow is consistently negative, pointing to operational cash flow challenges. Despite occasional positive financing cash flows, the overall cash flow position is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	36.65M	49.18M	162.37M	183.19M	357.55M	330.23M
Gross Profit	26.85M	33.58M	93.42M	112.65M	272.26M	241.43M
EBITDA	0.00	-85.89M	-115.28M	-95.31M	-103.44M	-164.22M
Net Income	-147.99M	-187.99M	-82.97M	-166.49M	-101.94M	-163.03M
Balance Sheet
Total Assets	203.70M	44.14M	119.35M	235.27M	353.07M	474.41M
Cash, Cash Equivalents and Short-Term Investments	1.07M	9.08M	16.16M	77.88M	71.10M	164.34M
Total Debt	41.70M	48.47M	24.79M	17.41M	11.06M	9.96M
Total Liabilities	170.72M	184.95M	99.86M	142.49M	159.76M	187.35M
Stockholders Equity	32.99M	-140.81M	19.48M	92.78M	194.41M	288.16M
Cash Flow
Free Cash Flow	-193.15M	-34.74M	-74.89M	-109.89M	-93.22M	-90.90M
Operating Cash Flow	-193.13M	-34.72M	-74.89M	-109.68M	-92.25M	-88.85M
Investing Cash Flow	-12.00K	-19.00K	0.00	-212.00K	47.86M	37.70M
Financing Cash Flow	187.14M	30.16M	13.97M	91.24M	7.00M	-63.00K

TuanChe Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TC, the sentiment is Positive. The current price of 17.1 is above the 20-day moving average (MA) of 15.45, above the 50-day MA of 14.31, and above the 200-day MA of 15.03, indicating a bullish trend. The MACD of 0.37 indicates Positive momentum. The RSI at 57.54 is Neutral, neither overbought nor oversold. The STOCH value of 46.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TC.

TuanChe Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ATHM	―	$3.11B	14.81	6.05%	6.92%	-7.06%	-20.71%
Sector *	―	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
TRUE	―	$195.47M	-6.58	-23.53%	―	11.66%	-4.69%
ZH	―	$361.10M	18.58	3.27%	―	-22.16%	―
KRKR	―	$10.29M	-1.68	-35.00%	―	―	―
CMCM	―	$228.34M	-3.45	-22.88%	―	―	―
TC	―	$2.54M	―	-1080.13%	―	―	―