TuanChe Stock Today

Stocks . USA . 
Stock . TuanChe ADR
TC Stock  USD 0.60  0.02  3.45%   

Market Performance

0 of 100

Odds Of Distress

Over 63

TuanChe ADR is trading at 0.6 as of the 24th of March 2023, a 3.45 percent increase since the beginning of the trading day. The stock's open price was 0.58. TuanChe ADR has more than 63 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for TuanChe ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of February 2023 and ending today, the 24th of March 2023. Click here to learn more.
Fiscal Year End
December
IPO Date
20th of November 2018
Category
Communication Services
ISIN
US89856T2033
TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China. TuanChe Limited was founded in 2010 and is headquartered in Beijing, China. TuanChe operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. The company has 24.57 M outstanding shares of which 174.19 K shares are at this time sold short in the market by investors with about 3.83 days to cover all shorted shares. More on TuanChe ADR

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Moving against TuanChe ADR

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TuanChe ADR Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TuanChe ADR's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TuanChe ADR or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorJacques Perron
Thematic IdeaBusiness Services (view all)
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Fama & French Classification
Business Services
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Average Analyst Recommendation
Analysts covering TuanChe ADR report their recommendations after researching TuanChe ADR's financial statements, talking to executives and customers, or listening in on TuanChe ADR's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TuanChe ADR. The TuanChe consensus assessment is calculated by taking the average forecast from all of the analysts covering TuanChe ADR.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of TuanChe ADR based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of TuanChe ADR financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted302.7 M352.8 M
Fairly Down
Up
Slightly volatile
Weighted Average Shares302.7 M352.8 M
Fairly Down
Up
Slightly volatile
Current Liabilities176.6 M174.6 M
Fairly Up
Up
Slightly volatile
Total Liabilities184 M183.7 M
Slightly Up
Up
Slightly volatile
Gross Margin0.670.68
Fairly Down
Down
Slightly volatile
Total Debt10.2 M10 M
Fairly Up
Down
Slightly volatile
Asset Turnover1.060.8
Significantly Up
Down
Slightly volatile
Current Assets308.3 M236.6 M
Significantly Up
Up
Slightly volatile
Total Assets434 M406 M
Notably Up
Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of TuanChe ADR's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Financial Strength
TuanChe ADR's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TuanChe ADR's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TuanChe ADR's financial leverage. It provides some insight into what part of TuanChe ADR's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on TuanChe ADR's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how TuanChe ADR deploys its capital and how much of that capital is borrowed.
Liquidity
TuanChe ADR cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 15.88 M of total liabilities with total debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from financial leverage. TuanChe ADR has a current ratio of 1.18, indicating that it may have difficulties to pay its debt commitments in time. Debt can assist TuanChe ADR until it has trouble settling it off, either with new capital or with free cash flow. So, TuanChe ADR's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TuanChe ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TuanChe to invest in growth at high rates of return. When we think about TuanChe ADR's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(89.58 Million)
TuanChe ADR (TC) is traded on NASDAQ Exchange in USA. It is located in Ruihai Building, Beijing, China, 100038 and employs 621 people. TuanChe ADR is listed under Business Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a market capitalization of 14.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TuanChe ADR's market, we take the total number of its shares issued and multiply it by TuanChe ADR's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TuanChe ADR is active under Communication Services sector as part of Internet Content & Information industry. The entity has 24.57 M outstanding shares of which 174.19 K shares are at this time sold short in the market by investors with about 3.83 days to cover all shorted shares. TuanChe ADR reports about 41.21 M in cash with (92.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check TuanChe ADR Probability Of Bankruptcy
Ownership
TuanChe ADR maintains a total of 24.57 Million outstanding shares. TuanChe ADR maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check TuanChe Ownership Details

TuanChe Stock Price Odds Analysis

What are TuanChe ADR's target price odds to finish over the current price? Based on a normal probability distribution, the odds of TuanChe ADR jumping above the current price in 90 days from now is about 86.07%. The TuanChe ADR probability density function shows the probability of TuanChe ADR stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon TuanChe ADR has a beta of -0.6543. This usually implies as returns on benchmark increase, returns on holding TuanChe ADR are expected to decrease at a much lower rate. During the bear market, however, TuanChe ADR is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. TuanChe ADR is significantly underperforming NYSE Composite.
  Odds Below 0.6HorizonTargetOdds Above 0.6
13.88%90 days
 0.60 
86.07%
Based on a normal probability distribution, the odds of TuanChe ADR to move above the current price in 90 days from now is about 86.07 (This TuanChe ADR probability density function shows the probability of TuanChe Stock to fall within a particular range of prices over 90 days) .

TuanChe ADR Historical Income Statement

TuanChe ADR Income Statement is one of the three primary financial statements used for reporting TuanChe's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TuanChe ADR revenue and expense. TuanChe ADR Income Statement primarily focuses on the company's revenues and expenses during a particular period.
TuanChe ADR Gross Profit is projected to increase significantly based on the last few years of reporting. The past year's Gross Profit was at 313.1 Million. The current year Operating Expenses is expected to grow to about 472.9 M, whereas Consolidated Income is forecasted to decline to (99 M). View More Fundamentals
Earning Before Interest and Taxes EBIT  Net Income  Revenues  

TuanChe Stock Against Markets

Picking the right benchmark for TuanChe ADR stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TuanChe ADR stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TuanChe ADR is critical whether you are bullish or bearish towards TuanChe ADR at a given time.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in TuanChe ADR without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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TuanChe ADR Corporate Directors

TuanChe ADR corporate directors refer to members of a TuanChe ADR board of directors. The board of directors generally takes responsibility for the TuanChe ADR's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TuanChe ADR's board members must vote for the resolution. The TuanChe ADR board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Bunphat KokiatphithakDirectorProfile
James GeyerIndependent DirectorProfile
Tan PhorDirectorProfile
Chalong AphichartchotiCompany Secretary, DirectorProfile

How to buy TuanChe Stock?

Before investing in TuanChe ADR, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TuanChe ADR. To buy TuanChe ADR stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of TuanChe ADR. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase TuanChe ADR stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located TuanChe ADR stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased TuanChe ADR stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TuanChe ADR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TuanChe Stock please use our How to Invest in TuanChe ADR guide.

Already Invested in TuanChe ADR?

The danger of trading TuanChe ADR is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TuanChe ADR is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TuanChe ADR. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TuanChe ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map. 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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running TuanChe ADR 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 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
(0.98) 
Revenue Per Share
12.112
Quarterly Revenue Growth
(0.66) 
Return On Assets
(0.23) 
Return On Equity
(0.66) 
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.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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 TuanChe ADR value 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.
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