Token Cat Limited (TC)Communication Services | Advertising Agencies | Beijing, China | NasdaqCM
2.09 USD
+0.16
(8.290%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 2.09 |
Hot Take ↕ | Aug. 22, 2026, 3:33 a.m. EDT
The immediate outlook is severely compromised by a massive divergence between the company's reported earnings and its actual cash reality. While the profit margins look deceptively healthy at nearly 38%, the free cash flow is catastrophically negative at -$227 million against only $5.9 million in revenue, indicating a complete inability to fund operations without external capital. This liquidity crisis is compounded by a balance sheet where debt ($6.2M) significantly outweighs cash ($0.98M), creating a precarious solvency risk despite the high current ratio which likely masks the cash burn. The price action reflects this fragility, having collapsed from a 2019 high of $4,560 to current levels, erasing over 99% of shareholder value over six years. The recent news of a private share placement suggests the company is desperate for capital to stay alive rather than confident in organic growth. With no dividend history and a statistical model predicting further downside due to extreme volatility, there is no margin of safety here; the business appears to be in a death spiral requiring constant equity injections. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 1.180539 |
| AutoARIMA | 1.209135 |
| AutoETS | 1.211202 |
| MSTL | 1.217544 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 1.27 |
| Ljung-Box p | 0.052 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 9.25 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 4.693 |
| Revenue per Share | 49.931 |
| Market Cap | 55,223,952 |
| Trailing P/E | 0.04 |
| Forward P/E | 3.60 |
| Beta | 0.81 |
| Profit Margins | 38.34% |
| Previous Name | TuanChe Limited |
| Website | https://www.tuanche.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.8477918 |
| Address1 | Ruihai Building |
| Address2 | 9th Floor No. 21 Yangfangdian Road Haidian District |
| All Time High | 9,516.0 |
| All Time Low | 1.49 |
| Ask | 2.5 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 166,840 |
| Average Daily Volume3 Month | 1,806,232 |
| Average Volume | 1,806,232 |
| Average Volume10Days | 166,840 |
| Beta | 0.805 |
| Bid | 1.53 |
| Bid Size | 2 |
| Book Value | 11.358164 |
| City | Beijing |
| Country | China |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.09 |
| Current Ratio | 10.658 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 2.1699 |
| Day Low | 1.92 |
| Debt To Equity | 4.693 |
| Display Name | Token Cat |
| Dividend Date | 1,603,324,800 |
| Earnings Timestamp End | 1,756,847,100 |
| Earnings Timestamp Start | 1,756,501,500 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 10.213 |
| Enterprise Value | 60,458,860 |
| Eps Forward | 0.58 |
| Eps Trailing Twelve Months | 50.0 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 3.1832 |
| Fifty Day Average Change | -1.0932 |
| Fifty Day Average Change Percent | -0.343428 |
| Fifty Two Week Change Percent | -84.77918 |
| Fifty Two Week High | 22.46 |
| Fifty Two Week High Change | -20.369999 |
| Fifty Two Week High Change Percent | -0.90694565 |
| Fifty Two Week Low | 1.49 |
| Fifty Two Week Low Change | 0.5999999 |
| Fifty Two Week Low Change Percent | 0.4026845 |
| Fifty Two Week Range | 1.49 - 22.46 |
| Financial Currency | CNY |
| First Trade Date Milliseconds | 1,542,724,200,000 |
| Float Shares | 26,409,801 |
| Forward Eps | 0.58 |
| Forward P E | 3.6034482 |
| Free Cashflow | -227,381,872 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 23 |
| Fullday Change | 0.16 |
| Fullday Change Percent | 8.29015 |
| Fullday Price | 2.09 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.028380001 |
| Gross Profits | 168,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.000020000001 |
| Held Percent Institutions | 0.0 |
| Implied Shares Outstanding | 26,422,945 |
| Industry | Advertising Agencies |
| Industry Disp | Advertising Agencies |
| Industry Key | advertising-agencies |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,756,425,600 |
| Last Split Factor | 1:20 |
| Long Business Summary | Token Cat Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in the People's Republic of China. It also offers electronic equipment trading and technical support, and consulting services; subscription and support services; The company was formerly known as TuanChe Limited and changed its name to Token Cat Limited in February 2025. Token Cat Limited was founded in 2010 and is headquartered in Beijing, China. |
| Long Name | Token Cat Limited |
| Market | us_market |
| Market Cap | 55,223,952 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_275052198 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-08-28 |
| Net Income To Common | 42,535,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 51,260,513 |
| Open | 1.93 |
| Operating Cashflow | -176,364,000 |
| Operating Margins | -5.82348 |
| Payout Ratio | 0.0 |
| Phone | 86 10 6399 8902 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 2.09 |
| Post Market Time | 1,787,960,910 |
| Prev Name | TuanChe Limited |
| Previous Close | 1.93 |
| Price Hint | 4 |
| Price To Book | 0.18400861 |
| Price To Sales Trailing12 Months | 9.32837 |
| Profit Margins | 0.38345 |
| Quick Ratio | 0.462 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.16 |
| Regular Market Change Percent | 8.29015 |
| Regular Market Day High | 2.1699 |
| Regular Market Day Low | 1.92 |
| Regular Market Day Range | 1.92 - 2.1699 |
| Regular Market Open | 1.93 |
| Regular Market Previous Close | 1.93 |
| Regular Market Price | 2.09 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 303,898 |
| Return On Assets | -0.19857 |
| Revenue Per Share | 49.931 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Shares Outstanding | 26,411,433 |
| Shares Percent Shares Out | 0.0043 |
| Shares Short | 113,328 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 501,558 |
| Short Name | Token Cat Limited |
| Short Percent Of Float | 0.0043 |
| Short Ratio | 0.12 |
| Source Interval | 15 |
| Symbol | TC |
| Total Cash | 976,000 |
| Total Cash Per Share | 0.037 |
| Total Debt | 6,208,000 |
| Total Revenue | 5,920,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 50.0 |
| Trailing P E | 0.0418 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 9.25645 |
| Two Hundred Day Average Change | -7.1664495 |
| Two Hundred Day Average Change Percent | -0.77421147 |
| Type Disp | Equity |
| Volume | 303,898 |
| Website | https://www.tuanche.com |
| Zip | 100,038 |