Token Cat Limited

$1.92

+1.05%

2026-09-04 11:39:36 EDT+$0.02

Industrials

Specialty Business Services

NASDAQ

Active Trading

Token Cat Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in the People’s Republic of China. The company organizes auto ...

Key Metrics of TC

Snapshot

Latest / TTM · 6 periods

Market Cap

$37.44M

ROCE

-26.1%

EV / EBITDA

0.00x

-4.7% YoY

FCF Yield

-452.7%

+2516.2% YoY

Cash Conversion Cycle

-451.1d

Current Ratio

10.66

Quick take

TTM —

No major risk flags in selected headline metrics.

Key Metrics

Latest / TTM · 6 periods

Valuation trend

Valuation trend table

Metric	2021	2022	2023	2024	2025	TTM
Market CapTotal market value of all shares outstanding.	$8.62B	$2.87B	$917.13M	$361.87M	$5.78M	$37.44M
Enterprise ValueCompany value including debt and cash adjustments.	$8.56B	$2.82B	$932.35M	$404.04M	$11.01M	$42.68M
EV / SalesHow many dollars investors pay per dollar of sales.	23.95x	15.41x	5.74x	8.22x	1.91x	2.16x
EV / EBITDAValuation multiple versus operating earnings before non-cash charges.	-82.78x	-29.61x	-8.09x	-4.70x	-0.33x	0.00x
Net Debt / EBITDALeverage ratio using net debt divided by EBITDA.	0.51	0.55	-0.13	-0.49	-0.16	0.00

Returns + ROCE gauge

ROCE latest

-26.1%

Prev year -21.4%

Returns + ROCE gauge table

Metric	2021	2022	2023	2024	2025	TTM
ROEProfit generated from shareholders' equity.	-52.4%	-179.4%	-425.8%	133.5%	1.7%	-0.8%
ROAProfit generated from total assets.	-28.9%	-70.8%	-69.5%	-425.9%	1.3%	-0.4%
ROICReturn generated on invested operating capital.	-56.7%	-79.8%	-451.0%	132.2%	-21.4%	-50.9%
ROCEOperating return on long-term capital used.	-55.1%	-94.1%	-371.4%	152.7%	-21.4%	-26.1%
Earnings YieldEarnings as a percentage of market value.	-1.2%	-5.8%	-9.0%	-52.0%	38.2%	-44.6%

Cash flow quality

Cash flow quality table

Metric	2021	2022	2023	2024	2025	TTM
FCFFCash flow available to all capital providers.	$-93.22M	$-109.29M	$-74.89M	$-33.74M	$-176.46M	$-168.75M
FCFECash flow available to equity holders after debt flows.	$-86.22M	$-112.18M	$-54.49M	$-11.69M	$-176.46M	$-169.50M
FCF YieldFree cash flow divided by market capitalization.	-1.1%	-3.8%	-8.2%	-9.6%	-2968.9%	-452.7%
Income QualityHow well accounting earnings are backed by cash flow.	0.90	0.66	0.90	0.18	-77.69	251.11
Capex / OCFShare of operating cash flow spent on capital expenditures.	-1.0%	-0.2%	0.0%	-0.1%	-0.0%	0.0%

Operating efficiency

Operating efficiency table

Metric	2021	2022	2023	2024	2025	TTM
DSOAverage days to collect cash from customers.	48.9d	99.6d	64.9d	87.9d	413.6d	120.4d
DIOAverage days inventory stays before being sold.	0.0d	0.0d	0.0d	0.0d	0.0d	0.0d
DPOAverage days the company takes to pay suppliers.	126.6d	70.7d	55.1d	324.7d	424.2d	571.5d
Operating CycleTime from buying inventory to collecting receivables.	48.9d	99.6d	64.9d	87.9d	413.6d	120.4d
Cash Conversion CycleNet days cash is tied in operations.	-77.6d	28.9d	9.9d	-236.8d	-10.6d	-451.1d

Snapshot

Latest / TTM: —

Market Cap

$37.44M

ROE

-0.8%

FCF Yield

-452.7%

Current Ratio

10.66

Supply Chain of TC

Upstream / Downstream / Proxies

Upstream

Tenaris S.A.NYSE:TS Solar Turbines Incorporated (subsidiary of Caterpillar Inc.)NYSE:CATRolls-Royce Holdings plcLSE:RRVallourec S.A.EURONEXT:VKWelspun Corp LtdNSE:WELCORPMattr Corp (formerly Shawcor Ltd.)TSX:MATRNucor CorporationNYSE:NUE United States Steel CorporationNYSE:X ArcelorMittal S.A.NYSE:MT

Downstream

LNG Canada (Joint Venture)Pacific Gas and Electric Company (PG&E)NYSE:PCG DTE Energy CompanyNYSE:DTE Alliant Energy Corporation (Wisconsin Power & Light)NASDAQ:LNT NW Natural Holdings (Northwest Natural Gas Company)NYSE:NWN Portland General Electric CompanyNYSE:POR Cascade Natural Gas Corporation (subsidiary of MDU Resources Group)NYSE:MDU Avista CorporationNYSE:AVA Antero Resources CorporationNYSE:AR BP Energy Company (subsidiary of BP plc)NYSE:BPBruce Power L.P.

About UsPrivacy PolicyTerms of ServiceDisclaimerStock DirectoryETFsIndices13F HoldingsAnalyst TargetsFree ToolsTechnology MapJoin our Slack

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer