Tancheng Group Co., Ltd. financial data

Symbol
QSJC on OTC
Location
No.32, Huili Township, Jiaocheng County,, Shanxi Province, Lvliang City, China
State of incorporation
Nevada
Fiscal year end
December 31
Former names
BIGEON CORP. (to 12/12/2022)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.04 % -23.6%
Quick Ratio 29.8 %
Debt-to-equity -333 % +18.2%
Return On Equity 19.5 % -87%
Return On Assets -8.37 % +87.3%
Operating Margin -26.2 % +66.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.38M shares 0%
Common Stock, Shares, Outstanding 4.38M shares 0%
Entity Public Float 50.6K USD -47.8%
Common Stock, Value, Issued 4.38K USD 0%
Weighted Average Number of Shares Outstanding, Basic 4.38M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 4.38M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 926K USD -40.4%
Revenue from Contract with Customer, Excluding Assessed Tax 248K USD +68.5%
Cost of Revenue 679K USD -50.1%
Selling and Marketing Expense 27.3K USD +41.7%
General and Administrative Expense 463K USD -44.7%
Operating Income (Loss) -243K USD +80.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -242K USD +80.1%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -242K USD +80.1%
Earnings Per Share, Basic -0.06 USD/shares -667%
Earnings Per Share, Diluted -0.06 USD/shares +78.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 71.2K USD +98799%
Inventory, Net 1.23M USD +13.2%
Assets, Current 1.89K USD +99.7%
Property, Plant and Equipment, Net 108K USD -19.8%
Intangible Assets, Net (Excluding Goodwill) 0 USD
Assets 2.46K USD +379%
Accounts Payable, Current 0 USD -100%
Employee-related Liabilities, Current 0 USD -100%
Liabilities, Current 2.8M USD -46.6%
Liabilities 2.8M USD -46.6%
Retained Earnings (Accumulated Deficit) -1.61M USD -17.6%
Stockholders' Equity Attributable to Parent -1.37M USD -21.4%
Liabilities and Equity 2.46K USD +379%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -409K USD +51.2%
Net Cash Provided by (Used in) Financing Activities 88.6K USD -91.5%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 75M shares 0%
Common Stock, Shares, Issued 4.38M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -325K USD -260%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 24.5K USD -97.8%
Deferred Tax Assets, Valuation Allowance 39K USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 39K USD
Depreciation 6.64K USD +43.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -242K USD +78.9%
Property, Plant and Equipment, Gross 139K USD
Deferred Tax Assets, Operating Loss Carryforwards 186K USD
Current Income Tax Expense (Benefit) 0 USD
Additional Paid in Capital 163K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 0 USD