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TuanChe Ltd (TC) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions of CNY, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
Revenues183.2357.6330.2644.8651.0280.7117.4
            Revenue growth-48.8%8.3%-48.8%-1.0%132.0%139.2% 
Cost of goods sold0.085.388.8186.5183.485.717.7
Gross profit183.2272.3241.4458.2467.6194.999.6
            Gross margin100.0%76.1%73.1%71.1%71.8%69.5%84.9%
Sales and marketing127.7274.7279.7572.0432.1223.2136.7
Research and development19.835.734.343.319.315.919.6
General and administrative64.772.898.8103.984.427.524.5
EBITA-86.8-106.0-167.2-260.0-68.8-71.7-81.1
            EBITA margin-47.4%-29.7%-50.6%-40.3%-10.6%-25.6%-69.1%
Amortization of intangibles2.14.14.1    
EBIT-88.9-110.1-171.3-260.0-68.8-71.7-81.1
            EBIT margin-48.5%-30.8%-51.9%-40.3%-10.6%-25.6%-69.1%
Pre-tax income-171.9-101.9-164.5-251.3-75.1-75.7-81.5
Income taxes-5.50.0-1.00.00.00.00.0
            Tax rate3.2%0.0%0.6%0.0%0.0%0.0%0.0%
Earnings from continuing ops-166.5-101.9-163.0-250.6-110.2-96.6-98.4
Earnings from discontinued ops    -3.6-15.0-5.1
Net income-166.5-101.9-163.0-250.6-113.8-111.6-103.5
            Net margin-90.9%-28.5%-49.4%-38.9%-17.5%-39.8%-88.2%
 
Diluted EPS($0.52)($0.33)($0.54)($0.85)($0.90)($1.02)($1.10)
Shares outstanding (diluted)319.5306.8304.4294.9121.994.989.4
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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