TuanChe Enterprise Value vs Income Tax Expense Analysis

TC Stock  USD 2.00  0.05  2.56%   
TuanChe ADR financial indicator trend analysis is much more than just breaking down TuanChe ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TuanChe ADR is a good investment. Please check the relationship between TuanChe ADR Enterprise Value and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.

Enterprise Value vs Income Tax Expense

Enterprise Value vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TuanChe ADR Enterprise Value account and Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between TuanChe ADR's Enterprise Value and Income Tax Expense is 0.82. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of TuanChe ADR, assuming nothing else is changed. The correlation between historical values of TuanChe ADR's Enterprise Value and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of TuanChe ADR are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Enterprise Value i.e., TuanChe ADR's Enterprise Value and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Enterprise Value

Enterprise Value (or EV) is usually referred to as TuanChe ADR theoretical takeover price. In the event of an acquisition, an acquirer would have to take on TuanChe ADR debt, but would also pocket its cash. Enterprise Value is more accurate representation of TuanChe ADR value than its market capitalization because it takes into account all of TuanChe ADR existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Income Tax Expense

Most indicators from TuanChe ADR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TuanChe ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.At present, TuanChe ADR's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit272.3M121.0M108.9M212.0M
Total Revenue357.6M183.2M210.7M403.0M

TuanChe ADR fundamental ratios Correlations

-0.830.580.350.980.970.880.63-0.88-0.560.570.80.550.850.920.8-0.65-0.810.180.750.81-0.80.670.97-0.480.7
-0.83-0.65-0.08-0.84-0.9-0.9-0.560.640.78-0.66-0.5-0.74-0.54-0.88-0.850.340.69-0.43-0.64-0.880.74-0.85-0.740.72-0.82
0.58-0.650.380.640.510.560.83-0.37-0.740.780.280.870.280.640.78-0.17-0.730.650.090.77-0.710.60.42-0.850.77
0.35-0.080.380.360.150.280.74-0.14-0.070.570.160.460.230.420.27-0.12-0.48-0.180.410.24-0.28-0.050.270.10.11
0.98-0.840.640.360.950.880.64-0.84-0.650.60.760.590.80.930.88-0.59-0.90.290.720.89-0.890.740.95-0.510.8
0.97-0.90.510.150.950.890.5-0.89-0.580.490.80.50.830.890.79-0.64-0.740.20.750.81-0.770.740.96-0.510.72
0.88-0.90.560.280.880.890.52-0.6-0.730.560.480.660.560.980.86-0.26-0.780.360.80.87-0.790.870.81-0.460.79
0.63-0.560.830.740.640.50.52-0.44-0.450.870.40.830.430.650.62-0.34-0.660.170.340.61-0.540.320.48-0.550.51
-0.880.64-0.37-0.14-0.84-0.89-0.6-0.440.24-0.26-0.98-0.21-0.98-0.64-0.560.910.590.07-0.56-0.570.61-0.44-0.930.36-0.48
-0.560.78-0.74-0.07-0.65-0.58-0.73-0.450.24-0.68-0.08-0.79-0.11-0.73-0.89-0.090.77-0.86-0.31-0.90.83-0.85-0.420.76-0.92
0.57-0.660.780.570.60.490.560.87-0.26-0.680.160.940.190.690.68-0.09-0.660.410.370.68-0.580.410.39-0.650.6
0.8-0.50.280.160.760.80.480.4-0.98-0.080.160.080.990.520.44-0.95-0.5-0.20.490.45-0.510.310.88-0.240.35
0.55-0.740.870.460.590.50.660.83-0.21-0.790.940.080.120.730.750.03-0.660.550.330.75-0.610.590.35-0.750.7
0.85-0.540.280.230.80.830.560.43-0.98-0.110.190.990.120.60.48-0.92-0.54-0.220.60.48-0.530.360.92-0.20.38
0.92-0.880.640.420.930.890.980.65-0.64-0.730.690.520.730.60.88-0.33-0.850.340.80.88-0.820.790.84-0.490.79
0.8-0.850.780.270.880.790.860.62-0.56-0.890.680.440.750.480.88-0.22-0.940.630.541.0-0.960.890.7-0.660.98
-0.650.34-0.17-0.12-0.59-0.64-0.26-0.340.91-0.09-0.09-0.950.03-0.92-0.33-0.220.310.32-0.32-0.230.31-0.06-0.740.19-0.13
-0.810.69-0.73-0.48-0.9-0.74-0.78-0.660.590.77-0.66-0.5-0.66-0.54-0.85-0.940.31-0.51-0.56-0.930.98-0.74-0.730.5-0.89
0.18-0.430.65-0.180.290.20.360.170.07-0.860.41-0.20.55-0.220.340.630.32-0.51-0.170.63-0.610.640.06-0.730.73
0.75-0.640.090.410.720.750.80.34-0.56-0.310.370.490.330.60.80.54-0.32-0.56-0.170.55-0.510.510.750.060.41
0.81-0.880.770.240.890.810.870.61-0.57-0.90.680.450.750.480.881.0-0.23-0.930.630.55-0.960.90.71-0.680.98
-0.80.74-0.71-0.28-0.89-0.77-0.79-0.540.610.83-0.58-0.51-0.61-0.53-0.82-0.960.310.98-0.61-0.51-0.96-0.82-0.740.57-0.94
0.67-0.850.6-0.050.740.740.870.32-0.44-0.850.410.310.590.360.790.89-0.06-0.740.640.510.9-0.820.59-0.60.93
0.97-0.740.420.270.950.960.810.48-0.93-0.420.390.880.350.920.840.7-0.74-0.730.060.750.71-0.740.59-0.340.6
-0.480.72-0.850.1-0.51-0.51-0.46-0.550.360.76-0.65-0.24-0.75-0.2-0.49-0.660.190.5-0.730.06-0.680.57-0.6-0.34-0.71
0.7-0.820.770.110.80.720.790.51-0.48-0.920.60.350.70.380.790.98-0.13-0.890.730.410.98-0.940.930.6-0.71
Click cells to compare fundamentals

TuanChe ADR Account Relationship Matchups

TuanChe ADR fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets567.2M474.4M353.1M235.3M270.6M395.7M
Other Current Liab40.9M122.9M93.1M81.5M93.7M84.9M
Total Current Liabilities142.1M176.2M151.8M100.2M90.2M111.8M
Total Stockholder Equity423.6M288.2M194.4M101.1M116.3M197.3M
Net Tangible Assets408.1M150.9M61.3M55.6M63.9M90.7M
Property Plant And Equipment Net20.4M16.5M8.6M10.1M11.7M11.0M
Current Deferred Revenue4.8M25.5M19.5M5.0M5.8M5.5M
Net Debt(193.9M)(100.0M)(52.4M)(52.5M)(60.4M)(63.4M)
Retained Earnings(718.7M)(881.7M)(983.6M)(1.1B)(1.0B)(1.1B)
Accounts Payable5.8M21.8M29.6M5.3M6.1M11.5M
Cash193.9M109.9M63.5M69.9M62.9M59.8M
Non Current Assets Total35.8M163.0M147.4M61.6M70.8M69.1M
Cash And Short Term Investments263.7M155.6M63.5M69.9M62.9M59.8M
Net Receivables72.4M66.1M48.0M35.9M41.3M48.0M
Common Stock Total Equity137K201K208K216K248.4K180.8K
Common Stock Shares Outstanding18.4M19.0M19.2M19.2M22.1M19.3M
Liabilities And Stockholders Equity567.2M474.4M353.1M235.3M270.6M395.7M
Non Current Liabilities Total2.2M11.2M8.0M33.9M30.5M32.9M
Other Current Assets193.8M59.9M60.5M11.3M13.0M12.3M
Other Stockholder Equity1.1B1.2B1.2B1.3B1.4B933.2M
Total Liab144.2M187.3M159.8M134.1M120.7M144.6M
Property Plant And Equipment Gross20.4M16.5M8.6M22.1M25.4M12.8M
Total Current Assets531.4M311.4M205.7M173.7M199.7M326.6M
Accumulated Other Comprehensive Income2.4M(4.5M)(7.4M)(8.4M)(9.7M)(10.2M)
Short Term Debt90.5M5.9M9.6M8.4M7.5M7.2M
Property Plant Equipment4.8M16.5M8.6M10.1M11.7M6.9M
Non Currrent Assets Other10.3M7.6M313K522K469.8K446.3K
Other Assets10.3M7.6M313K522K469.8K446.3K
Short Term Investments69.8M45.7M7.6M8.0M9.2M8.7M
Net Invested Capital423.6M288.2M201.4M105.8M95.3M90.5M
Long Term Investments7.9M8.9M5.4M5.4M6.2M6.0M
Net Working Capital389.3M135.2M53.9M73.5M66.1M62.8M
Capital Stock208K216K217K270K310.5K244.6K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TuanChe ADR in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TuanChe ADR's short interest history, or implied volatility extrapolated from TuanChe ADR options trading.

Currently Active Assets on Macroaxis

When determining whether TuanChe ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TuanChe ADR's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tuanche Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tuanche Adr Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
Note that the TuanChe ADR information on this page should be used as a complementary analysis to other TuanChe ADR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running TuanChe ADR's price analysis, check to measure TuanChe ADR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TuanChe ADR is operating at the current time. Most of TuanChe ADR's value examination focuses on studying past and present price action to predict the probability of TuanChe ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TuanChe ADR's price. Additionally, you may evaluate how the addition of TuanChe ADR to your portfolios can decrease your overall portfolio volatility.
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Is TuanChe ADR's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TuanChe ADR. If investors know TuanChe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TuanChe ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.63)
Revenue Per Share
95.791
Quarterly Revenue Growth
(0.25)
Return On Assets
(0.42)
Return On Equity
(1.48)
The market value of TuanChe ADR is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe ADR's value that differs from its market value or its book value, called intrinsic value, which is TuanChe ADR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TuanChe ADR's market value can be influenced by many factors that don't directly affect TuanChe ADR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TuanChe ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if TuanChe ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe ADR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.