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TuanChe ADR (TC)



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Upturn Advisory Summary
09/17/2025: TC (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -61.04% | Avg. Invested days 22 | Today’s Advisory PASS |
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 |
Upturn AI SWOT
TuanChe ADR
Company Overview
History and Background
TuanChe ADR (TC) was founded in 2010. It started as an automotive marketing and service platform in China, focusing on facilitating car sales events in lower-tier cities. Over time, it has expanded its services to include virtual auto shows and online marketplace services.
Core Business Areas
- Online Marketplace: Provides a platform connecting car buyers with dealers, offering information and facilitating transactions.
- Virtual Auto Shows: Organizes online events where consumers can view vehicles and interact with dealers remotely.
- Marketing Solutions: Offers marketing and advertising services to automotive dealers and manufacturers.
Leadership and Structure
The leadership team consists of the CEO and CFO, supported by various departmental heads for sales, marketing, and technology. The organizational structure is hierarchical, with regional teams reporting to the central management team.
Top Products and Market Share
Key Offerings
- Virtual Auto Shows: Online events featuring various car models and dealer interactions. Market share is difficult to quantify precisely, but they claim to reach millions of potential buyers annually. Competitors include other online auto marketplaces and traditional auto shows.
- revenue: 500000
- users: 1000000
- Online Marketplace: Platform for connecting buyers and sellers. Market share is relatively small compared to larger players like Autohome and Bitauto. Competitors are Autohome (ATHM), Bitauto (BITA) (delisted), and various regional automotive platforms.
- revenue: 250000
- users: 500000
Market Dynamics
Industry Overview
The automotive industry in China is large and competitive, with increasing digitization and a shift towards online car sales. Government policies also significantly impact the industry.
Positioning
TuanChe focuses on lower-tier cities and event-based sales. Its competitive advantage lies in its physical auto show roots and transition to virtual events. It competes with larger, more established online auto platforms.
Total Addressable Market (TAM)
The total addressable market for automotive sales and related services in China is estimated to be in the hundreds of billions of dollars annually. TuanChe's positioning in lower-tier cities allows it to tap into a segment often underserved by larger players but faces challenges in scalability and profitability.
Upturn SWOT Analysis
Strengths
- Established presence in lower-tier cities
- Experience in organizing auto sales events
- Transition to virtual auto shows
- Proprietary data on lower-tier markets
Weaknesses
- Limited brand recognition compared to larger competitors
- Smaller market share
- Historical unprofitability
- Dependence on auto show revenue
Opportunities
- Expanding virtual auto show reach
- Partnerships with automotive manufacturers
- Growing demand for online car sales in China
- Increasing penetration into higher-tier cities
Threats
- Intense competition from larger online platforms
- Economic downturn in China
- Changes in government regulations
- Shifting consumer preferences
Competitors and Market Share
Key Competitors
- ATHM
- YRD
- None
Competitive Landscape
TuanChe faces significant competition from larger, more established online auto platforms like Autohome and Yiche. While it has a niche in lower-tier cities, scaling and achieving profitability are key challenges.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been volatile, with periods of rapid expansion followed by periods of contraction due to economic factors and competition.
Future Projections: Future growth projections depend on factors like China's economic growth, the adoption of online car sales, and TuanChe's ability to execute its strategy. Analyst estimates vary and are subject to change.
Recent Initiatives: Recent initiatives likely involve expanding their virtual auto show platform and strengthening partnerships with dealers and manufacturers. Specifics would require recent company announcements.
Summary
TuanChe ADR is a smaller player in the Chinese automotive market, focusing on lower-tier cities and virtual auto shows. It faces intense competition from larger, more established companies. The company's niche focus and transition to online events offer potential, but profitability and scalability remain key challenges. It requires strong execution and effective partnerships to compete effectively.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, financial news sources, industry reports
Disclaimers:
The analysis is based on available information and is subject to change. It is not financial advice.
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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