Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI Summary - About
Lichen China Limited Class A Ordinary Shares(LICN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LICN
10/16/2026: LICN (1-star) is currently NOT-A-BUY. Pass it for now.
Lichen China Limited is a service-oriented company that helps Chinese small and medium-sized enterprises with tax consulting, software, and training. Its strengths lie in its deep knowledge of local tax regulations and its transition toward digital financial tools to improve operational efficiency. The primary growth opportunity involves scaling its software solutions across a broader client base in China. However, investors face risks from intense competition, regulatory volatility in the tax space, and potential geopolitical headwinds affecting US-listed Chinese companies. The stock is likely best suited for risk-tolerant investors looking for exposure to the Chinese SME service market, while monitoring regulatory changes and software adoption rates.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company operates in a growth-oriented sector but faces significant execution and market risks. |
| Momentum investor | Weak fit | The stock often lacks the consistent volume and price trend stability typically required for momentum strategies. |
| Value investor | Mixed fit | While valuation may appear low, the business model carries risks that require deep fundamental analysis. |
| Dividend investor | Weak fit | The company does not provide a reliable or established dividend stream for income-focused investors. |
| Low-risk investor | Weak fit | Small-cap volatility and regulatory exposure make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is subject to significant swings due to its small market capitalization and sensitivity to news cycles. |
| Valuation risk | Medium | Determining an accurate fair value is challenging given the company's limited financial history and market size. |
| Competition risk (SME software/consulting) | High | Competition from larger, established domestic players threatens potential growth and pricing power. |
| Business quality | Medium | The service-heavy model is labor-intensive and harder to scale than pure-play software companies. |
| Dividend income | Low / none | Investors should not rely on this stock for current income. |
| Execution risk | Medium / high | The company must successfully pivot toward higher-margin software sales to achieve long-term scale. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -61.67% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/16/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 13.98M USD | Price to earnings Ratio 0.03 | 1Y Target Price - |
Price to earnings Ratio 0.03 | 1Y Target Price - | ||
Volume (30-day avg) 17.0K shares | Beta -1.03 | 52 Weeks Range 0.70 - 9.49 | Updated Date 10/18/2026 |
52 Weeks Range 0.70 - 9.49 | Updated Date 10/18/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 27.64 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Financial/Tax Consulting | Advisory and compliance services for SMEs. | Most revenue comes from helping businesses manage their taxes. |
| Software Services | Tax filing and financial management software. | The company sells software to make business finance easier. |
| Vocational Training | Education in accounting and tax laws. | They train people to work in accounting and tax roles. |
Valuation
Trailing PE 0.03 | Forward PE - | Enterprise Value -8.94M | Price to Sales(TTM) 0.68 |
Enterprise Value -8.94M | Price to Sales(TTM) 0.68 | ||
Enterprise Value to Revenue 0.04 | Enterprise Value to EBITDA 3 | Shares Outstanding 16.22M | Shares Floating 16.22M |
Shares Outstanding 16.22M | Shares Floating 16.22M | ||
Percent Insiders 0.01 | Percent Institutions 1.09 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.