Token Cat Ltd. TC
What this company does
Written from the business description in Token Cat Limited's annual report to the U.S. Securities and Exchange Commission, filed 8 May 2026. Every sentence was checked against that document before publication.
Revenue compounded at −55.3% a year over five years.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue CNY B | 0.0 | 0.0 | 0.2 | 0.2 | 0.4 | 0.3 | 0.6 | 0.7 | 0.3 | 0.1 |
| Operating income CNY B | −0.0 | −0.0 | −0.0 | −0.1 | −0.1 | −0.2 | −0.3 | −0.1 | −0.1 | −0.1 |
| EBITDA CNY B | · | · | · | −0.1 | −0.1 | −0.2 | −0.3 | −0.1 | −0.1 | · |
| Income tax CNY B | · | · | 0.0 | −0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income CNY B | 0.0 | −0.2 | −0.1 | −0.2 | −0.1 | −0.2 | −0.3 | −0.1 | −0.1 | −0.1 |
| Free cash flow CNY B | · | −0.0 | · | −0.1 | −0.1 | −0.1 | −0.2 | −0.1 | −0.1 | −0.1 |
| EPS, diluted CNY | · | −0.36 | −0.20 | −0.52 | −0.33 | −0.54 | −0.85 | · | · | · |
| Dividend / sh CNY | · | · | · | · | · | · | · | · | · | · |
| Payout % | · | · | · | · | · | · | · | · | · | · |
| ROE % | · | · | −147.8 | −115.9 | −42.3 | −45.9 | −49.0 | −77.9 | · | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Reconciled in 7 of 19 fiscal years. 51 checks could not be computed.