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TuanChe ADR (TC)



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Upturn Advisory Summary
06/27/2025: TC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Year Target Price $0
Year Target Price $0
0 | Strong Buy |
0 | Buy |
0 | Hold |
0 | Under performing |
0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit -56.07% | Avg. Invested days 18 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 2.44M USD | Price to earnings Ratio - | 1Y Target Price 89.8 |
Price to earnings Ratio - | 1Y Target Price 89.8 | ||
Volume (30-day avg) - | Beta 0.66 | 52 Weeks Range 0.46 - 2.60 | Updated Date 06/29/2025 |
52 Weeks Range 0.46 - 2.60 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -12.04 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -229.61% |
Management Effectiveness
Return on Assets (TTM) -65.67% | Return on Equity (TTM) -308.05% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 8313722 | Price to Sales(TTM) 0.05 |
Enterprise Value 8313722 | Price to Sales(TTM) 0.05 | ||
Enterprise Value to Revenue 1.21 | Enterprise Value to EBITDA -0.14 | Shares Outstanding 2860000 | Shares Floating 606909125 |
Shares Outstanding 2860000 | Shares Floating 606909125 | ||
Percent Insiders 1.2 | Percent Institutions 6.01 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
TuanChe ADR
Company Overview
History and Background
TuanChe, founded in 2010, operates as an omnichannel automotive marketplace in China. It connects car buyers with dealers through auto shows and online platforms, aiming to streamline the car purchasing process. The company went public in 2018.
Core Business Areas
- Offline Events: Organizes and hosts auto shows in various cities across China, providing a platform for car dealers to showcase their vehicles and interact with potential customers.
- Online Marketplace: Operates an online platform where users can browse cars, compare prices, and connect with local dealers. The platform offers various tools and resources to facilitate car purchasing decisions.
Leadership and Structure
The leadership team consists of the CEO, CFO, and other key executives. The organizational structure includes departments for event operations, online platform development, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Auto Shows: TuanChe's core offering is its auto shows, which generate revenue through booth rentals from dealers and commissions on car sales made at the shows. The company claims to host more than 100 auto shows per year pre-covid. Competitors include other regional and national auto show organizers. Data is unavailable to accurately calculate its market share in the auto show segment.
- Online Marketplace: The online platform generates revenue through advertising and lead generation fees from dealers. The online marketplace is also currently under-developed. Key competitors include Autohome (ATHM) and Bitauto (BITA), which are much larger players in China's online automotive marketplace. TuanChe's market share is currently negligible.
Market Dynamics
Industry Overview
The automotive retail industry in China is highly competitive, with a mix of traditional dealerships and online marketplaces. The market is experiencing a shift towards online channels as consumers increasingly use the internet for research and car purchases.
Positioning
TuanChe aims to bridge the gap between online and offline car shopping by combining auto shows with an online platform. It targets consumers in smaller cities and rural areas where access to traditional dealerships may be limited.
Total Addressable Market (TAM)
The total addressable market for automotive retail in China is substantial, valued at hundreds of billions of dollars. TuanChe is positioned to capture a share of this market by focusing on lower-tier cities and offering a combined online and offline approach. However, their success is highly dependent on their online platform's ability to generate traffic and conversions.
Upturn SWOT Analysis
Strengths
- Strong presence in lower-tier cities
- Combined online and offline model
- Established relationships with car dealers
- Brand recognition in certain regions
Weaknesses
- Limited brand awareness in major cities
- Dependence on auto show revenue
- Competition from larger online marketplaces
- Financial instability and risk of delisting
Opportunities
- Expansion into new geographic markets
- Development of new online services
- Partnerships with automotive manufacturers
- Growth in electric vehicle adoption
Threats
- Economic slowdown in China
- Increased competition from online marketplaces
- Changes in consumer preferences
- Regulatory changes in the automotive industry
Competitors and Market Share
Key Competitors
- ATHM
- BITA
Competitive Landscape
TuanChe faces significant competition from larger and more established online automotive marketplaces. The company's competitive advantages include its presence in lower-tier cities and its combined online and offline model. Disadvantages include smaller brand recognition and weak financials.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been inconsistent, with periods of rapid growth followed by periods of decline.
Future Projections: Future growth is highly uncertain, dependent on the company's ability to execute its strategic initiatives and navigate the competitive landscape. Analyst estimates are unavailable or unreliable due to the company's volatility.
Recent Initiatives: Recent initiatives include focusing on its online platform and expanding its presence in new geographic markets, while also attempting to cut costs.
Summary
TuanChe's financial stability is questionable, and the company currently faces the risk of being delisted. While its combined online and offline model and the focus on lower-tier cities initially held promise, the company's execution and financials have not been able to compete with established industry players. The company needs to significantly improve its online platform to survive. It is important to note that the future outlook is uncertain.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst reports (if available)
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. The information is based on available data and may be subject to change. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. TuanChe is a highly volatile stock and the user should be cautious of the many potential for risks.
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.
About TuanChe ADR
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2018-11-20 | Co-Founder, Co-CEO & Chairman Mr. Wei Wen | ||
Sector Communication Services | Industry Advertising Agencies | Full time employees 116 | Website https://www.tuanche.com |
Full time employees 116 | Website https://www.tuanche.com |
Token Cat Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in the People's Republic of China. The company organizes auto shows and special promotion events; and provides integrated marketing solutions to industry customers, including automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction. It also offers business and technical support, and consulting services; subscription and support services; online marketing services through various online platforms, including tuanche.com website, WeChat account, WeChat mini-program, mobile applications, and Cheshangtong, a software as a service product; and referral services for commercial bank to enhance its auto loan business. 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.
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