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Token Cat Ltd (TC)

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CIK 0001743340 · Nasdaq · Services-Business Services, NEC

  • Sector Services
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Token Cat Ltd reported revenue of 5.92M CNY. Revenue fell 88.0% from the prior annual period.

Key ratios (year ended 2025-12-31)

2.8%
Gross margin
-582.3%
Operating margin
38.3%
Net margin
1.7%
Return on year-end equity
-88.0%
Revenue growth (YoY)

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Latest selected filing: Form 6-K (current report) · 2026-10-15

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue5.92M CNY49.18M CNY162.37M CNY183.19M CNY357.55M CNY330.23M CNY644.77M CNY651.01M CNY280.67M CNY117.35M CNY
Cost of Revenue5.75M CNY15.60M CNY68.94M CNY70.54M CNY85.29M CNY88.80M CNY186.54M CNY183.37M CNY85.74M CNY17.75M CNY
Gross Profit168.0K CNY33.58M CNY93.42M CNY112.65M CNY272.26M CNY241.43M CNY458.23M CNY467.64M CNY194.92M CNY99.61M CNY
R&D Expensen/a11.89M CNY11.27M CNY19.80M CNY35.65M CNY34.27M CNY43.34M CNY19.26M CNY15.93M CNY19.58M CNY
Operating Income-34.48M CNY-37.58M CNY-24.54M CNY-119.30M CNY-110.85M CNY-171.32M CNY-261.04M CNY-68.04M CNY-71.74M CNY-81.09M CNY
Depreciation & Amortizationn/an/an/an/an/an/an/a1.10M CNY1.00M CNYn/a
EBITDAn/an/an/an/an/an/an/a-66.94M CNY-70.74M CNYn/a
Net Income2.27M CNY-187.99M CNY-82.97M CNY-166.49M CNY-101.94M CNY-163.48M CNY-251.30M CNY-78.70M CNY-90.67M CNY-86.57M CNY
EPS (Diluted)n/a-0.36 CNY-0.20 CNY-0.52 CNY-0.33 CNY-0.54 CNY-0.85 CNYn/an/an/a
Total Assets172.88M CNY44.14M CNY119.35M CNY235.27M CNY353.07M CNY474.41M CNY567.20M CNY725.92M CNY112.83M CNYn/a
Total Liabilities40.60M CNY184.95M CNY99.86M CNY142.49M CNY159.76M CNY187.35M CNY144.22M CNY123.94M CNY176.80M CNYn/a
Shareholders' Equity132.28M CNY-140.81M CNY19.48M CNY92.78M CNY193.31M CNY287.06M CNY422.98M CNY601.99M CNY-400.04M CNY-290.10M CNY
Cash & Equivalentsn/a6.30M CNY9.56M CNY69.89M CNY63.46M CNY109.92M CNY193.92M CNY578.56M CNY66.69M CNY24.79M CNY
Operating Cash Flow-176.36M CNY-34.72M CNY-74.89M CNY-109.68M CNY-92.25M CNY-88.85M CNY-161.81M CNY-53.34M CNY-59.66M CNY-54.09M CNY
Capital Expendituresn/a19.0K CNYn/a212.0K CNY968.0K CNY2.05M CNY13.24M CNY20.71M CNY272.0K CNY65.0K CNY
Free Cash Flown/a-34.74M CNYn/a-109.89M CNY-93.22M CNY-90.90M CNY-175.05M CNY-74.05M CNY-59.93M CNY-54.16M CNY
Share Repurchasesn/an/an/an/an/an/a13.75M CNYn/an/an/a
Weighted Average Diluted Shares569.11M520.22M406.80M319.54M306.79M304.44M294.92M121.94M94.87M89.42M
EPS (Basic)n/a-0.36 CNY-0.20 CNY-0.52 CNY-0.33 CNY-0.54 CNY-0.85 CNYn/an/an/a

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