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Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy, household cooking, heating, purification, agricultural, and cleaning applications in the People's Republic of China and internationally. The company operates in three segments: Consumer Products, Electric Vehicles, and Biodegradable Packaging. It provides pressed and formed charcoal briquettes for use in grills, incense burners, and other applications under the Algold brand. The company also offers Charcoal Doctor branded products, such as air purifiers and humidifiers, automotive accessories for air purification, underfloor humidity control products, pillows and mattresses, wardrobe deodorizers, mouse pads and wrist mats, refrigerator deodorants, charcoal toilet cleaner disks, liquid charcoal cleaners, shoe insoles, and decorative charcoal gifts. In addition, it provides bamboo vinegar, a liquid byproduct for use in disinfectants, detergents, lotions, specialized soaps, toilet cleaners, and fertilizers, as well as in various agricultural applications; and trades in charcoal products. Further, the company develops and sells electric buses, electric logistics cars, and specialty electric vehicles, such as brushless cleaning cars, electric cleaning cars, special emergency vehicles, and funeral cars; and solar cells, lithium-ion batteries, auto parts, and electric control systems. It is also involved in the biodegradable packaging and supply chain businesses, as well as provides commercial factoring services. The company was founded in 1998 and is headquartered in Lishui, the People's Republic of China.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -8.26M | -8.26M | -10.63M | -9.30M | 2.03M |
| Minority interest | 0.43M | 2.33M | 0.64M | 4.35M | 7.92M |
| Net income | -10.69M | -10.69M | -10.02M | -9.66M | 1.98M |
| Selling general administrative | 10.67M | 10.67M | 0.96M | 4.66M | 4.97M |
| Selling and marketing expenses | 0.22M | 0.22M | 0.98M | 0.32M | 0.32M |
| Gross profit | 10.43M | 10.43M | 4.48M | 5.98M | 8.03M |
| Reconciled depreciation | 0.70M | 0.96M | 0.88M | 0.90M | 1.07M |
| Ebit | -8.51M | -8.51M | 1.66M | 0.73M | 2.65M |
| Ebitda | -7.11M | -7.11M | 2.54M | 1.64M | 3.73M |
| Depreciation and amortization | 1.41M | 1.41M | 0.88M | 0.90M | 1.07M |
| Operating income | -8.51M | -8.51M | 1.66M | 0.73M | 2.35M |
| Other operating expenses | 63.78M | 63.78M | 40.63M | 48.56M | 27.21M |
| Interest expense | 0.74M | 0.74M | 0.30M | 0.44M | 0.63M |
| Tax provision | 3.14M | 2.43M | -0.61M | 0.36M | 1.03M |
| Interest income | 1.61M | 0.12M | 0.05M | 0.05M | 0.06M |
| Net interest income | 1.01M | -0.62M | -0.25M | -0.39M | -0.57M |
| Extraordinary items | - | - | - | -0.30M | 0.08M |
| Income tax expense | 2.43M | 2.43M | -0.61M | 0.36M | 1.03M |
| Total revenue | 55.26M | 55.26M | 42.28M | 49.23M | 29.56M |
| Total operating expenses | 18.95M | 18.95M | 2.82M | 5.30M | 5.68M |
| Cost of revenue | 44.83M | 44.83M | 37.81M | 43.25M | 21.53M |
| Total other income expense net | 0.25M | 0.25M | -12.30M | -10.03M | 0.25M |
| Discontinued operations | - | - | - | -0.30M | 0.08M |
| Net income from continuing ops | 2.59M | -10.69M | -10.02M | -9.66M | 1.00M |
| Net income applicable to common shares | - | -8.36M | -6.52M | -6.36M | 1.98M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 134.53M | 134.53M | 116.30M | 115.45M | 134.19M |
| Intangible assets | 0.21M | 0.21M | 0.66M | 12.96M | 15.27M |
| Other current assets | 6.28M | 6.28M | 9.70M | 15.77M | 28.11M |
| Total liab | 21.99M | 21.99M | 16.80M | 20.92M | 24.21M |
| Total stockholder equity | 114.26M | 114.26M | 98.85M | 90.19M | 102.07M |
| Other current liab | 3.98M | 3.98M | 3.39M | 3.17M | 5.71M |
| Common stock | 0.06M | 0.06M | 0.04M | 0.03M | 0.03M |
| Capital stock | 0.29M | 0.06M | 0.04M | 0.03M | 0.03M |
| Retained earnings | 36.68M | 36.68M | 45.48M | 52.06M | 58.33M |
| Other liab | - | - | - | 1.78M | 2.05M |
| Good will | - | - | - | 0.00M | 8.86M |
| Other assets | - | - | 5.76M | 7.75M | 18.35M |
| Cash | 43.14M | 43.14M | 37.12M | 12.44M | 7.75M |
| Total current liabilities | 21.77M | 21.77M | 16.80M | 19.13M | 22.15M |
| Current deferred revenue | 3.58M | 3.58M | 3.18M | 6.96M | 0.87M |
| Net debt | -30.28M | -30.28M | -28.44M | -5.09M | 5.31M |
| Short term debt | 12.64M | 12.64M | 8.68M | 7.35M | 13.06M |
| Short long term debt | 4.49M | 12.53M | 8.68M | 7.07M | 9.80M |
| Short long term debt total | 12.87M | 12.87M | 8.68M | 7.35M | 13.06M |
| Other stockholder equity | 69.57M | 69.57M | 48.39M | 39.31M | 39.31M |
| Property plant equipment | - | 2.42M | 2.48M | 2.70M | 3.24M |
| Total current assets | 105.81M | 105.81M | 81.90M | 68.16M | 70.31M |
| Long term investments | 24.12M | 26.10M | 25.50M | 23.88M | 18.16M |
| Net tangible assets | - | 114.06M | 98.19M | 77.23M | 77.94M |
| Net receivables | 55.32M | 55.32M | 34.41M | 39.35M | 32.50M |
| Long term debt | 3.40M | - | - | - | - |
| Inventory | 1.07M | 1.07M | 0.67M | 0.60M | 1.96M |
| Accounts payable | 1.56M | 1.56M | 1.54M | 1.65M | 2.52M |
| Accumulated other comprehensive income | 7.95M | 7.95M | 4.94M | -1.21M | 4.40M |
| Common stock total equity | - | - | 0.04M | 0.03M | 0.03M |
| Non currrent assets other | - | - | 5.76M | 7.75M | 8.56M |
| Non current assets total | 28.72M | 28.72M | 34.39M | 47.29M | 63.88M |
| Capital lease obligations | 1.42M | 0.34M | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -45.00M | 0.52M | -0.12M | -5.93M | -18.00M |
| Change to liabilities | - | 0.30M | -4.00M | 5.43M | -2.74M |
| Total cashflows from investing activities | - | 0.52M | -0.12M | -5.93M | -18.00M |
| Net borrowings | - | -6.56M | -0.12M | -5.46M | -0.82M |
| Total cash from financing activities | 12.81M | 12.81M | 8.94M | -5.46M | -0.81M |
| Change to operating activities | - | -1.11M | 2.82M | 1.49M | 1.73M |
| Net income | -10.69M | -10.69M | -10.02M | -9.66M | 1.00M |
| Change in cash | 6.23M | 6.23M | 24.69M | 2.78M | -3.75M |
| Begin period cash flow | 37.34M | 37.34M | 12.65M | 9.87M | 13.62M |
| End period cash flow | 43.57M | 43.57M | 37.34M | 12.65M | 9.87M |
| Total cash from operating activities | -8.09M | -8.09M | 14.17M | 14.70M | 14.66M |
| Issuance of capital stock | 10.12M | 19.36M | 9.06M | 0.00M | 0.00M |
| Depreciation | 0.96M | 0.96M | 0.88M | 0.90M | 1.07M |
| Other cashflows from investing activities | - | - | - | -0.00M | -0.04M |
| Change to inventory | -0.74M | -0.74M | -0.13M | 0.24M | -0.15M |
| Change to account receivables | -9.57M | -9.57M | 8.02M | -9.88M | 10.27M |
| Other cashflows from financing activities | 14.69M | 14.69M | 11.02M | 5.10M | 8.20M |
| Change to netincome | - | 5.48M | 5.58M | 22.90M | 5.38M |
| Capital expenditures | 0.22M | 0.22M | 0.14M | 0.09M | 0.56M |
| Change in working capital | -6.17M | -6.17M | 14.23M | 6.07M | 6.14M |
| Stock based compensation | 1.84M | 1.84M | 10.85M | 17.41M | - |
| Other non cash items | 0.54M | 0.54M | 0.03M | 0.14M | 6.46M |
| Free cash flow | -8.31M | -8.31M | 14.03M | 14.60M | 14.10M |
Sector: Consumer Defensive Industry: Household & Personal Products
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| TANH Tantech Holdings Ltd |
-1.80 13.36% |
11.67 | 0.47 | - | 0.06 | 0.02 | 0.03 | -1.52 |
| PG Procter & Gamble Company |
-1.70 1.02% |
165.40 | 23.58 | 22.62 | 4.07 | 7.24 | 4.40 | 16.08 |
| LRLCF L'Oréal S.A |
-25.50 5.05% |
479.50 | 41.14 | 34.25 | 6.52 | 8.59 | 6.67 | 27.76 |
| LRLCY L’Oreal Co ADR |
-1.19 1.17% |
100.37 | 32.44 | 25.64 | 5.16 | 6.03 | 4.79 | 19.51 |
| UL Unilever PLC ADR |
-1.71 2.53% |
66.00 | 21.53 | 16.39 | 2.66 | 7.29 | 2.77 | 12.45 |
Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy, household cooking, heating, purification, agricultural, and cleaning applications in the People's Republic of China and internationally. The company operates in three segments: Consumer Products, Electric Vehicles, and Biodegradable Packaging. It provides pressed and formed charcoal briquettes for use in grills, incense burners, and other applications under the Algold brand. The company also offers Charcoal Doctor branded products, such as air purifiers and humidifiers, automotive accessories for air purification, underfloor humidity control products, pillows and mattresses, wardrobe deodorizers, mouse pads and wrist mats, refrigerator deodorants, charcoal toilet cleaner disks, liquid charcoal cleaners, shoe insoles, and decorative charcoal gifts. In addition, it provides bamboo vinegar, a liquid byproduct for use in disinfectants, detergents, lotions, specialized soaps, toilet cleaners, and fertilizers, as well as in various agricultural applications; and trades in charcoal products. Further, the company develops and sells electric buses, electric logistics cars, and specialty electric vehicles, such as brushless cleaning cars, electric cleaning cars, special emergency vehicles, and funeral cars; and solar cells, lithium-ion batteries, auto parts, and electric control systems. It is also involved in the biodegradable packaging and supply chain businesses, as well as provides commercial factoring services. The company was founded in 1998 and is headquartered in Lishui, the People's Republic of China.
| Name | Title | Year Born |
|---|---|---|
| Mr. Wangfeng Yan | Founder & CEO | 1977 |
| Mr. Weilin Zhang | Chief Financial Officer | 1969 |
| Mr. Mingqin Dong | Chief Operating Officer | 1990 |
| Dr. Limin Wang | Chief Scientist | NA |
| Mr. Yuxun Yang | Chief Engineer | NA |
| Mr. Yaoming Wu | Sr. Consultant | NA |
| Mr. Wangfeng Yan | Founder & CEO | 1978 |
| Mr. Weilin Zhang | Chief Financial Officer | 1970 |
| Mr. Mingqin Dong | Chief Operating Officer | 1991 |
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