Tancheng Group Co., Ltd.
Tancheng Group Co., Ltd. engages in the sale of self-designed ornament and adornment products through its online store in the People's Republic of China. The company offers Jue Cheng ornament, Chinese twelve zodiac pendants, and master Hongyi's heart sutra products. The company was formerly known as Bigeon and changed its name to Tancheng Group Co., Ltd. in October 2022. The company was incorpora… Read more
Tancheng Group Co., Ltd. (QSJC) - Net Assets
Latest net assets as of September 2025: $-1.76 Million USD
Based on the latest financial reports, Tancheng Group Co., Ltd. (QSJC) has net assets worth $-1.76 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.52 Million) and total liabilities ($3.28 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-1.76 Million |
| % of Total Assets | -115.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Tancheng Group Co., Ltd. - Net Assets Trend (2022–2024)
This chart illustrates how Tancheng Group Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tancheng Group Co., Ltd. (2022–2024)
The table below shows the annual net assets of Tancheng Group Co., Ltd. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.46 Million | -21.82% |
| 2023-12-31 | $-1.20 Million | -28.54% |
| 2022-12-31 | $-929.91K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tancheng Group Co., Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 57782600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $245.24K | % |
| Total Equity | $-1.46 Million | 100.00% |
Tancheng Group Co., Ltd. Competitors by Market Cap
The table below lists competitors of Tancheng Group Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Earthworks Industries Inc
PINK:EAATF
|
$657.30K |
|
BACHEM HLDG N -B-
MU:BHM
|
$657.38K |
|
FLSMIDTH & CO. - Dusseldorf Stock Exchang
DU:F6O1
|
$657.40K |
|
Onconetix Inc
NASDAQ:ONCO
|
$657.63K |
|
Lifeloc Technologies Inc
PINK:LCTC
|
$656.83K |
|
HENRY SCHEIN
BE:HS2
|
$656.66K |
|
The LGL Group, Inc. WT
NYSE:LGL-WT
|
$656.29K |
|
Graph Blockchain Inc
PINK:REGRF
|
$656.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tancheng Group Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,195,299 to -1,456,143, a change of -260,844.
- Net loss of 288,160 reduced equity.
- Other factors increased equity by 27,316.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-288.16K | -19.79% |
| Other Changes | $27.32K | +1.88% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Tancheng Group Co., Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $-0.21 | $2.00 | x |
| 2023-12-31 | $-0.27 | $2.00 | x |
| 2024-12-31 | $-0.33 | $2.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tancheng Group Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -57.34%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | -171.25% | 0.24x | 0.00x | $-917.93K |
| 2023 | 0.00% | -14.71% | 0.56x | 0.00x | $-170.14K |
| 2024 | 0.00% | -57.34% | 0.32x | 0.00x | $-142.55K |
Industry Comparison
This section compares Tancheng Group Co., Ltd.'s net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tancheng Group Co., Ltd. (QSJC) | $-1.76 Million | 0.00% | N/A | $657.23K |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |