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iTonic Holdings Ltd. (ITOC)

Healthcare | Medical Devices | Beijing, China | NasdaqCM
0.32 USD 0.00 (-0.704%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 0.32

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:25 a.m. EDT

The investment case for this medical device firm is currently untenable due to a catastrophic collapse in business value and operational viability. The company has lost nearly all of its equity value, trading at a fraction of its 52-week high, which coincides with a severe multi-year decline where the market has repeatedly rejected the business despite a reported 91% revenue surge. This disconnect suggests the revenue growth is not translating into profitability or sustainable operations, evidenced by negative operating margins, negative free cash flow, and a return on equity of -71%. The balance sheet is fragile, with debt exceeding book value and significant negative cash flows, while the company faces existential regulatory hurdles, having been granted a Nasdaq extension to regain compliance with minimum bid price rules. With no dividend history and a statistical forecasting model offering virtually no predictive power due to extreme volatility and low reliability, there is no margin of safety here; the asset appears to be a value trap where the market has correctly priced in a deteriorating or failing enterprise.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.082184
MSTL0.092517
AutoETS0.094846
AutoTheta0.094937

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 38%
H-stat 0.21
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 4.22
Attribute Value
Sector Healthcare
Debt to Equity Ratio 1.76
Revenue per Share 0.033
Market Cap 8,023,463
Previous Name Pheton Holdings Ltd
Website https://www.ftzy.com.cn

Info Dump

Attribute Value
52 Week Change -0.9848048
Address1 NET Building
Address2 Room 306 Hong Jun Ying South Road Chaoyang District
All Time High 32.0
All Time Low 0.251
Ask 0.84
Ask Size 26
Average Daily Volume10 Day 110,630
Average Daily Volume3 Month 1,672,622
Average Volume 1,672,622
Average Volume10Days 110,630
Bid 1.15
Bid Size 5
Book Value 0.359
City Beijing
Country China
Crypto Tradeable 0
Currency USD
Current Price 0.3246
Current Ratio 8.834
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 0.3269
Day Low 0.311
Debt To Equity 1.76
Display Name iTonic
Ebitda -5,173,649
Ebitda Margins 0.0
Enterprise To Ebitda -0.919
Enterprise To Revenue 9.091
Enterprise Value 4,754,895
Eps Trailing Twelve Months -0.32
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 86 10 8481 8007
Fifty Day Average 0.32554
Fifty Day Average Change -0.00093999505
Fifty Day Average Change Percent -0.0028874946
Fifty Two Week Change Percent -98.480484
Fifty Two Week High 32.0
Fifty Two Week High Change -31.6754
Fifty Two Week High Change Percent -0.98985624
Fifty Two Week Low 0.251
Fifty Two Week Low Change 0.073600024
Fifty Two Week Low Change Percent 0.2932272
Fifty Two Week Range 0.251 - 32.0
Financial Currency USD
First Trade Date Milliseconds 1,725,543,000,000
Float Shares 15,643,205
Free Cashflow -902,183
Full Exchange Name NasdaqCM
Full Time Employees 7
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.62587
Gross Profits 327,351
Has Pre Post Market Data 1
Held Percent Insiders 0.01819
Held Percent Institutions 0.00104
Implied Shares Outstanding 24,718,000
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary iTonic Holdings Ltd., a healthcare solutions provider, develops and commercializes treatment software and devices used for brachytherapy. The company's proprietary treatment planning system is a radioactive particle implantation, a radiotherapy used in treating cancer patients by placing radioactive sources inside the patient that kill cancer cells and shrink tumors. The company offers FTTPS, a treatment planning system for treating various malignant tumors, which could determine the target volume, prescription dose, and dose limitation to protect organs at risks and produce a safe, effective, and accurate dose distribution plan for brachytherapy for cancer patients. The company was formerly known as Pheton Holdings Ltd and changed its name to iTonic Holdings Ltd. in January 2026. iTonic Holdings Ltd. was founded in 1998 and is headquartered in Beijing, China. iTonic Holdings Ltd. operates as a subsidiary of ZJW (BVI) LTD.
Long Name iTonic Holdings Ltd.
Market us_market
Market Cap 8,023,463
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1853468469
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-07-13
Net Income To Common -5,097,901
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,573,644
Open 0.326
Operating Cashflow -3,231,427
Operating Margins -6.8194203
Payout Ratio 0.0
Phone 86 10 8496 6987
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 0.3246
Post Market Time 1,783,986,162
Prev Name Pheton Holdings Ltd
Previous Close 0.3269
Price Hint 4
Price To Book 0.9041783
Price To Sales Trailing12 Months 15.340321
Profit Margins 0.0
Quick Ratio 6.945
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.00229999
Regular Market Change Percent -0.703577
Regular Market Day High 0.3269
Regular Market Day Low 0.311
Regular Market Day Range 0.311 - 0.3269
Regular Market Open 0.326
Regular Market Previous Close 0.3269
Regular Market Price 0.3246
Regular Market Time 1,783,972,801
Regular Market Volume 52,735
Return On Assets -0.40985
Return On Equity -0.7125
Revenue Growth 0.916
Revenue Per Share 0.033
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 9,382,000
Shares Percent Shares Out 0.0067000003
Shares Short 113,649
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 197,966
Short Name iTonic Holdings Ltd
Short Percent Of Float 0.012200001
Short Ratio 0.05
Source Interval 15
Symbol ITOC
Total Cash 2,926,030
Total Cash Per Share 0.172
Total Debt 142,998
Total Revenue 523,031
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.32
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.45221
Two Hundred Day Average Change -0.12761
Two Hundred Day Average Change Percent -0.2821919
Type Disp Equity
Volume 52,735
Website https://www.ftzy.com.cn
Zip 100,101