Growth & profitability
- Revenue has declined 55.3% per year over the past 5 years.
- Operating margin has contracted, at -582.3% in the latest year.
Financial health
- Total debt has grown faster than revenue (197.5% vs -55.3% per year).
TC Financials Token Cat Ltd
10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | CN¥6M | CN¥2M | 2.8% | -582.3% | 1.7% | 1.3% | — | — | CN¥976000 |
| 2024 | CN¥49M | -CN¥188M | 68.3% | -76.4% | 133.5% | -425.9% | -CN¥35M | CN¥42M | CN¥5M |
| 2023 | CN¥162M | -CN¥83M | 57.5% | -15.1% | -425.8% | -69.5% | — | CN¥19M | CN¥3M |
| 2022 | CN¥183M | -CN¥166M | 61.5% | -65.1% | -179.4% | -70.8% | -CN¥110M | CN¥5M | CN¥77M |
| 2021 | CN¥358M | -CN¥102M | 76.1% | -31.0% | -52.7% | -28.9% | -CN¥93M | — | CN¥97M |
| 2020 | CN¥330M | -CN¥163M | 73.1% | -51.9% | -56.9% | -34.5% | -CN¥91M | — | CN¥140M |
| 2019 | CN¥645M | -CN¥251M | 71.1% | -40.5% | -59.4% | -44.3% | -CN¥175M | — | CN¥195M |
| 2018 | CN¥651M | -CN¥79M | 71.8% | -10.5% | -13.1% | -10.8% | -CN¥74M | CN¥0 | CN¥579M |
| 2017 | — | -CN¥91M | — | — | 22.7% | -80.4% | -CN¥60M | CN¥28M | CN¥78M |
| 2016 | — | -CN¥87M | — | — | 29.8% | — | -CN¥54M | — | CN¥25M |
Frequently asked questions
Is TC growing its revenue and profit?
Over the past 5 years, Token Cat Ltd's revenue has declined 55.3% per year. These are computed facts, not advice.
How much debt does TC have?
As of FY2025, Token Cat Ltd reported — of total debt against CN¥976000 of cash.
What is TC's profit margin?
In FY2025, gross margin was 2.8%, operating margin -582.3%, and net margin 38.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.