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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
09/18/2026: LICN (1-star) is currently NOT-A-BUY. Pass it for now.
Lichen China Limited is a small-cap service provider specializing in professional financial tutoring and IT solutions for corporate clients within China. The company's strengths lie in its dual-segment model, which offers moderate diversification, and its established presence in regional professional training. Its primary growth story revolves around adapting its educational offerings for digital platforms and expanding its IT services to support local businesses' digital transformations. However, investors must consider the significant risks posed by China’s evolving education regulations, intense competition from industry giants, and overall share price volatility. The stock may suit investors willing to accept high risk for exposure to the Chinese education and services sector.
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 targets niche market growth but faces significant macro and competitive headwinds. |
| Momentum investor | Weak fit | The stock lacks consistent, strong upward price momentum to support this strategy. |
| Value investor | Mixed fit | While valuations may appear low, fundamental risks regarding the business model persist. |
| Dividend investor | Weak fit | The company does not pay a regular dividend and focuses on capital preservation. |
| Low-risk investor | Weak fit | The company's small-cap status and exposure to Chinese regulatory risks create high volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Small-cap ADRs frequently experience significant price swings based on news cycles. |
| Valuation risk | Medium | Uncertain earnings visibility makes accurate long-term valuation challenging. |
| Competition risk (Educational & Tech giants) | High | Larger competitors have greater resources to outspend and outscale the company. |
| Business quality | Medium | The business relies on fragmented markets and regulatory stability. |
| Dividend income | Low / none | There is no dividend income available for investors. |
| Execution risk | Medium / high | Successfully pivoting between tutoring and IT services requires consistent management execution. |
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 09/18/2026 |
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 17.75M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 27.4K shares | Beta -1.09 | 52 Weeks Range 0.70 - 9.49 | Updated Date 09/18/2026 |
52 Weeks Range 0.70 - 9.49 | Updated Date 09/18/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -4.11 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Education Services | Preparatory training for financial and accounting professional exams. | The company earns tuition fees from students preparing for national certifications. |
| IT Services | Customized software development and systems integration for businesses. | The company earns contract fees from corporate clients for technical projects. |
Valuation
Trailing PE - | Forward PE - | Enterprise Value -9.27M | Price to Sales(TTM) 0.72 |
Enterprise Value -9.27M | Price to Sales(TTM) 0.72 | ||
Enterprise Value to Revenue 0.04 | Enterprise Value to EBITDA 3 | Shares Outstanding 16.33M | Shares Floating 16.33M |
Shares Outstanding 16.33M | Shares Floating 16.33M | ||
Percent Insiders 0.01 | Percent Institutions 1.08 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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.
About Lichen China Limited Class A Ordinary Shares
Exchange NASDAQ | Headquarters - | ||
IPO Launch date 2023-02-06 | Chairman of the Board & CEO Mr. Ya Li | ||
Sector Industrials | Industry Specialty Business Services | Full time employees 410 | Website https://www.lichenzx.com |
Full time employees 410 | Website https://www.lichenzx.com | ||
Lichen International Limited, an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China. The company offers financial and taxation-related management consultation, internal control management consultation, annual or regular consultation, and internal training and general consultation services; and education support services, including marketing, operational, and technical support, as well as the sale of teaching and learning materials. It also provides software and maintenance services, including the sale of financial and taxation analysis software, and financial and taxation training software, as well as offers software installation, training, and after-sales technical and maintenance support services. The company serves listed companies, state-owned enterprises, government authorities, and other business enterprises, including small and medium-sized enterprises. The company was formerly known as Lichen China Limited and changed its name to Lichen International Limited in March 2025. Lichen International Limited was incorporated in 2016 and is based in Xiamen, China.
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