TuanChe Limited (TC) Balance Sheet

NASDAQ: TCAssets, liabilities, debt and equity over 10 years.

TC balance sheet, 2025

December 31, 2025 · Chinese yuan

CN¥173.0M assets = CN¥40.6M liabilities + CN¥132.4M equity

Both columns are drawn to the same scale: what TC owns equals what it owes plus shareholders’ equity. Hover a block for its value.

TC financial health

Debt / equity0.05

Low leverage · CN¥0.05 of debt for each $1 of equity

Equity / assets76.5%

Equity-funded · of assets funded by shareholders

Cash / debt15.7%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles0.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

TC balance sheet trends, 2016–2025

TuanChe Limited balance sheet trends
Metric	Then	Latest	Change
Total assets	CN¥49.4M2016	CN¥173.0M2025	+14.9%/yr
Total liabilities	CN¥113.0M2016	CN¥40.6M2025	−10.7%/yr
Shareholders’ equity	−CN¥63.6M2016	CN¥132.4M2025	—
Cash & short-term investments	CN¥28.1M2016	CN¥976,6212025	−31.2%/yr
Total debt	CN¥62.5M2016	CN¥6.2M2025	−22.6%/yr
Net cash (debt)	−CN¥34.4M2016	−CN¥5.2M2025	+CN¥29.1M
Working capital	−CN¥66.2M2016	CN¥156.8M2025	+CN¥223.0M
Debt / equity	0.032018	0.052025	+0.02
Shares outstanding	466K2016	119K2025	−14.1%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

TC assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

TC liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

TC debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

TC balance sheet in Chinese yuan

TuanChe Limited annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	CN¥976,621	CN¥9.1M	CN¥16.2M	CN¥77.9M	CN¥71.1M	CN¥164.3M	CN¥278.2M	CN¥587.2M	CN¥72.5M	CN¥28.1M
Cash & equivalents	CN¥976,621	CN¥6.3M	CN¥9.6M	CN¥69.9M	CN¥63.5M	CN¥109.9M	CN¥193.9M	CN¥578.6M	CN¥66.7M	CN¥24.8M
Short-term investments	—	CN¥2.8M	CN¥6.6M	CN¥8.0M	CN¥7.6M	CN¥54.4M	CN¥84.3M	CN¥8.6M	CN¥5.8M	CN¥3.3M
Receivables	CN¥6.5M	CN¥11.8M	CN¥28.9M	CN¥50.0M	CN¥48.0M	CN¥66.1M	CN¥72.4M	CN¥62.9M	CN¥9.9M	CN¥5.6M
Inventory	CN¥0	CN¥0	CN¥1	CN¥56.6M	CN¥33.8M	CN¥29.8M	CN¥1.5M	CN¥1	CN¥20.4M	CN¥1
Other current assets	CN¥165.5M	CN¥17.1M	CN¥16.9M	CN¥0	CN¥52.8M	CN¥51.1M	CN¥179.3M	CN¥49.5M	CN¥6.7M	CN¥13.0M
Total current assets	CN¥173.0M	CN¥38.0M	CN¥62.0M	CN¥173.7M	CN¥205.7M	CN¥311.4M	CN¥531.4M	CN¥699.6M	CN¥109.5M	CN¥46.7M
Property, plant & equipment (net)	CN¥0	CN¥0	CN¥5.7M	CN¥10.1M	CN¥8.6M	CN¥16.5M	CN¥4.8M	CN¥1.4M	CN¥802,000	CN¥1.6M
Goodwill & intangible assets	CN¥0	CN¥0	CN¥45.6M	CN¥45.6M	CN¥133.1M	CN¥137.2M	CN¥15.5M	CN¥10.2M	CN¥136,000	CN¥0
Long-term investments	CN¥0	CN¥6.1M	CN¥5.6M	CN¥5.4M	CN¥5.4M	CN¥8.9M	CN¥7.9M	CN¥4.4M	CN¥1.0M	CN¥0
Other non-current assets	CN¥0	CN¥0	CN¥522,000	CN¥522,000	CN¥313,000	CN¥313,000	CN¥7.6M	CN¥10.3M	CN¥1.3M	CN¥1.0M
Total assets	CN¥173.0M	CN¥44.1M	CN¥119.3M	CN¥235.3M	CN¥353.1M	CN¥474.4M	CN¥567.2M	CN¥725.9M	CN¥112.8M	CN¥49.4M
Liabilities
Accounts payable	CN¥6.5M	CN¥13.9M	CN¥10.4M	CN¥13.7M	CN¥29.6M	CN¥21.8M	CN¥5.8M	CN¥7.0M	CN¥3.3M	CN¥187,000
Short-term debt	CN¥6.2M	CN¥35.1M	CN¥19.8M	CN¥8.4M	CN¥9.6M	CN¥5.9M	CN¥4.8M	CN¥17.0M	CN¥88.9M	CN¥62.5M
Deferred revenue	CN¥189,114	CN¥9.7M	CN¥5.4M	CN¥5.0M	CN¥19.5M	CN¥25.5M	CN¥4.8M	CN¥14.7M	CN¥9.8M	CN¥2.6M
Total current liabilities	CN¥16.2M	CN¥103.0M	CN¥86.8M	CN¥108.6M	CN¥151.8M	CN¥176.2M	CN¥142.1M	CN¥123.9M	CN¥171.0M	CN¥113.0M
Long-term debt	CN¥0	CN¥10.0M	CN¥3.0M	CN¥1.5M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥2.9M	CN¥0
Lease obligations	—	CN¥6.7M	CN¥10.2M	CN¥12.7M	CN¥4.1M	CN¥10.0M	CN¥0	—	—	—
Other long-term liabilities	CN¥24.4M	CN¥71.9M	CN¥10.1M	CN¥32.4M	CN¥8.0M	CN¥11.2M	CN¥2.2M	CN¥0	CN¥0	CN¥226.5M
Total liabilities	CN¥40.6M	CN¥184.9M	CN¥99.9M	CN¥142.5M	CN¥159.8M	CN¥187.3M	CN¥142.1M	CN¥123.9M	CN¥174.0M	CN¥113.0M
Shareholders' equity
Common stock & paid-in capital	CN¥5.9M	CN¥515,000	CN¥271,000	CN¥270,000	CN¥217,000	CN¥216,000	CN¥208,000	CN¥201,000	CN¥60,000	CN¥60,000
Retained earnings (deficit)	−CN¥1.42B	−CN¥1.42B	−CN¥1.23B	−CN¥1.15B	−CN¥983.6M	−CN¥881.7M	−CN¥718.7M	−CN¥468.0M	−CN¥389.3M	−CN¥280.8M
Accumulated other comprehensive income	CN¥57.0M	−CN¥9.0M	−CN¥8.3M	−CN¥8.4M	−CN¥7.4M	−CN¥5.8M	CN¥1.0M	−CN¥7.4M	−CN¥10.8M	−CN¥9.4M
Minority interest	—	CN¥0	CN¥0	CN¥0	—	—	—	—	—	—
Total shareholders' equity	CN¥132.4M	−CN¥140.8M	CN¥19.5M	CN¥92.8M	CN¥194.4M	CN¥288.2M	CN¥425.1M	CN¥602.0M	−CN¥61.1M	−CN¥63.6M
Key figures
Total debt	CN¥6.2M	CN¥48.5M	CN¥24.8M	CN¥17.4M	CN¥11.1M	CN¥10.0M	CN¥4.8M	CN¥17.0M	CN¥91.8M	CN¥62.5M
Net cash (debt)	−CN¥5.2M	−CN¥39.4M	−CN¥8.6M	CN¥60.5M	CN¥60.0M	CN¥154.4M	CN¥273.4M	CN¥570.2M	−CN¥19.3M	−CN¥34.4M
Working capital	CN¥156.8M	−CN¥65.0M	−CN¥24.8M	CN¥65.1M	CN¥53.9M	CN¥135.2M	CN¥389.3M	CN¥575.7M	−CN¥61.5M	−CN¥66.2M
Tangible book value	CN¥132.4M	−CN¥140.8M	−CN¥26.1M	CN¥47.2M	CN¥61.3M	CN¥150.9M	CN¥409.6M	CN¥591.8M	−CN¥61.3M	−CN¥63.6M
Shares outstanding	119K	2.2M	2.1M	1.7M	1.6M	1.6M	1.2M	635K	494K	466K
Current ratio	10.66	0.37	0.71	1.60	1.36	1.77	3.74	5.65	0.64	0.41
Quick ratio	0.46	0.20	0.52	1.18	0.78	1.31	2.47	5.25	0.48	0.30
Debt / equity	0.05	—	1.27	0.19	0.06	0.03	0.01	0.03	—	—
Equity / assets	76.5%	−319.0%	16.3%	39.4%	55.1%	60.7%	75.0%	82.9%	−54.2%	−128.8%

TuanChe Limited quarterly balance sheet
	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23	Jun '23
Assets
Cash & short-term investments	CN¥976,000	CN¥976,000	CN¥976,000	CN¥1.1M	CN¥4.2M	CN¥9.1M	CN¥9.1M	CN¥9.5M	CN¥9.5M	CN¥16.2M	CN¥16.2M	CN¥29.3M
Cash & equivalents	CN¥976,000	CN¥976,000	CN¥976,000	CN¥1.1M	CN¥1.1M	CN¥6.3M	CN¥6.3M	CN¥5.0M	CN¥5.0M	CN¥9.6M	CN¥9.6M	CN¥21.9M
Short-term investments	—	—	—	CN¥3.1M	CN¥3.1M	CN¥2.8M	CN¥2.8M	CN¥4.5M	CN¥4.5M	CN¥6.6M	CN¥6.6M	CN¥7.3M
Receivables	CN¥6.5M	CN¥6.5M	CN¥6.5M	CN¥15.6M	CN¥16.0M	CN¥11.8M	CN¥12.8M	CN¥16.3M	CN¥16.3M	CN¥28.9M	CN¥28.9M	CN¥37.8M
Inventory	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥1	CN¥1	CN¥1
Other current assets	CN¥165.4M	CN¥165.4M	CN¥165.4M	CN¥181.1M	CN¥177.6M	CN¥17.1M	CN¥16.2M	CN¥8.2M	CN¥8.2M	CN¥16.9M	CN¥16.9M	CN¥55.8M
Total current assets	CN¥172.9M	CN¥172.9M	CN¥172.9M	CN¥197.8M	CN¥197.8M	CN¥38.0M	CN¥38.0M	CN¥34.1M	CN¥34.1M	CN¥62.0M	CN¥62.0M	CN¥122.8M
Property, plant & equipment (net)	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥4.8M	CN¥4.8M	CN¥5.7M	CN¥5.7M	CN¥7.8M
Goodwill & intangible assets	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥45.6M	CN¥45.6M	CN¥45.6M	CN¥45.6M	CN¥45.6M
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥5.9M	CN¥0	CN¥6.1M	CN¥0	CN¥6.0M	CN¥0	CN¥5.6M	CN¥0	CN¥5.5M
Other non-current assets	CN¥0	CN¥0	CN¥0	CN¥0	CN¥5.9M	CN¥0	CN¥6.1M	CN¥522,000	CN¥6.5M	CN¥522,000	CN¥6.1M	CN¥522,000
Total assets	CN¥172.9M	CN¥172.9M	CN¥172.9M	CN¥203.7M	CN¥203.7M	CN¥44.1M	CN¥44.1M	CN¥90.9M	CN¥90.9M	CN¥119.3M	CN¥119.3M	CN¥182.2M
Liabilities
Accounts payable	CN¥6.5M	CN¥6.5M	CN¥6.5M	CN¥13.4M	CN¥13.4M	CN¥13.9M	CN¥13.9M	CN¥10.7M	CN¥10.7M	CN¥10.4M	CN¥10.4M	CN¥9.3M
Short-term debt	CN¥6.2M	—	CN¥6.2M	CN¥30.1M	CN¥30.1M	CN¥35.1M	CN¥35.1M	CN¥17.0M	CN¥17.0M	CN¥19.8M	CN¥15.7M	CN¥12.7M
Deferred revenue	CN¥189,000	—	—	CN¥9.8M	—	CN¥9.7M	—	CN¥6.0M	—	CN¥5.4M	—	CN¥9.1M
Total current liabilities	CN¥16.2M	CN¥16.2M	CN¥16.2M	CN¥132.8M	CN¥132.8M	CN¥103.0M	CN¥103.0M	CN¥77.0M	CN¥77.0M	CN¥86.8M	CN¥86.8M	CN¥94.8M
Long-term debt	CN¥0	CN¥0	CN¥0	CN¥10.0M	CN¥0	CN¥10.0M	CN¥0	CN¥12.9M	CN¥0	CN¥3.0M	CN¥0	CN¥0
Lease obligations	—	—	—	CN¥5.1M	—	CN¥6.7M	—	CN¥9.1M	—	CN¥10.2M	—	CN¥12.4M
Other long-term liabilities	CN¥24.4M	CN¥24.4M	CN¥24.4M	CN¥27.9M	CN¥37.9M	CN¥71.9M	CN¥81.9M	CN¥6.7M	CN¥19.6M	CN¥10.1M	CN¥13.1M	CN¥21.4M
Total liabilities	CN¥40.6M	CN¥40.6M	CN¥40.6M	CN¥170.7M	CN¥170.7M	CN¥184.9M	CN¥184.9M	CN¥96.7M	CN¥96.7M	CN¥99.9M	CN¥99.9M	CN¥116.2M
Shareholders' equity
Common stock & paid-in capital	CN¥5.9M	—	CN¥5.9M	CN¥5.8M	CN¥5.8M	CN¥515,000	CN¥515,000	CN¥272,000	CN¥272,000	CN¥271,000	CN¥271,000	CN¥270,000
Retained earnings (deficit)	−CN¥1.42B	−CN¥1.42B	−CN¥1.42B	−CN¥1.42B	−CN¥1.42B	−CN¥1.42B	−CN¥1.42B	−CN¥1.27B	−CN¥1.27B	−CN¥1.23B	−CN¥1.23B	−CN¥1.18B
Accumulated other comprehensive income	CN¥57.0M	—	CN¥57.0M	−CN¥8.5M	−CN¥8.5M	−CN¥9.0M	−CN¥9.0M	−CN¥8.3M	−CN¥8.3M	−CN¥8.3M	−CN¥8.3M	−CN¥8.4M
Minority interest	—	—	—	—	—	CN¥0	—	—	—	—	—	—
Total shareholders' equity	CN¥132.3M	CN¥132.3M	CN¥132.3M	CN¥33.0M	CN¥33.0M	−CN¥140.8M	−CN¥140.8M	−CN¥5.7M	−CN¥5.7M	CN¥19.5M	CN¥19.5M	CN¥66.1M
Key figures
Total debt	CN¥6.2M	—	CN¥6.2M	CN¥41.7M	CN¥41.7M	CN¥48.5M	CN¥48.5M	CN¥35.0M	CN¥35.0M	CN¥24.8M	CN¥24.8M	CN¥16.0M
Net cash (debt)	−CN¥5.2M	—	−CN¥5.2M	−CN¥40.6M	−CN¥37.5M	−CN¥39.4M	−CN¥39.4M	−CN¥25.5M	−CN¥25.5M	−CN¥8.6M	−CN¥8.6M	CN¥13.3M
Working capital	CN¥156.7M	CN¥156.7M	CN¥156.7M	CN¥65.0M	CN¥65.0M	−CN¥65.0M	−CN¥65.0M	−CN¥43.0M	−CN¥43.0M	−CN¥24.8M	−CN¥24.8M	CN¥28.1M
Tangible book value	CN¥132.3M	CN¥132.3M	CN¥132.3M	CN¥33.0M	CN¥33.0M	−CN¥140.8M	−CN¥140.8M	−CN¥51.3M	−CN¥51.3M	−CN¥26.1M	−CN¥26.1M	CN¥20.5M
Shares outstanding	—	8.31B	—	118K	118K	2.1M	2.1M	2.2M	2.2M	2.2M	—	2.1M
Current ratio	10.66	10.66	10.66	1.49	1.49	0.37	0.37	0.44	0.44	0.71	0.71	1.30
Quick ratio	0.46	0.46	0.46	0.13	0.15	0.20	0.21	0.34	0.34	0.52	0.52	0.71
Debt / equity	0.05	—	0.05	1.26	1.26	—	—	—	—	1.27	1.27	0.24
Equity / assets	76.5%	76.5%	76.5%	16.2%	16.2%	−319.0%	−319.0%	−6.3%	−6.3%	16.3%	16.3%	36.2%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed May 8, 2026); data from EODHD.

TC financial position

At the end of fiscal 2025 (December 31, 2025), TuanChe had total assets of CN¥173.0 million (up 291.9% from a year earlier), total liabilities of CN¥40.6 million and shareholders' equity of CN¥132.4 million. It held CN¥1.0 million in cash and short-term investments against CN¥6.2 million of debt, net debt of CN¥5.2 million. Its current ratio was 10.66. In the latest quarter (ended March 31, 2026) total assets were CN¥172.9 million and equity CN¥132.3 million.

Related: TC income statement, TC cash flow statement, TC key metrics. See the TC stock overview for the latest quote and news.

TC balance sheet FAQ

What are TuanChe's total assets?

TuanChe reported total assets of CN¥173.0 million at the end of fiscal 2025 (December 31, 2025), compared with CN¥44.1 million a year earlier.

How much debt does TuanChe have?

TuanChe had CN¥6.2 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.05.

How much cash does TuanChe have?

TuanChe held CN¥1.0 million in cash and short-term investments at the end of fiscal 2025; with CN¥6.2 million of debt that is net debt of CN¥5.2 million.

What is TuanChe's book value?

TuanChe's shareholders' equity (book value) was CN¥132.4 million at the end of fiscal 2025.

What is TuanChe's current ratio?

TuanChe had current assets of CN¥173.0 million and current liabilities of CN¥16.2 million, a current ratio of 10.66 (it can cover its short-term obligations).