CTNT
CHEETAH NET SUPPLY CHAIN SERVICE INC.
Next earnings ≈ Aug 13, 2026 · est. from filing cadence
Last earnings -11.5% on 2026-05-14
$1.75
▲ +13.64%$1.75▼ -99.34%
over 1Y
L $1.54H $390.00
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+13.6%
1W+12.2%
1M+6.1%
3M—
YTD—
1Y—
Avoid
Conviction
Horizon
Short (<3mo)
12-mo target
$•••
Street · 6 analysts
Sell
A logistics shell whose core auto business was discontinued — revenue collapsed 98% since 2022, cash near zero, priced at an absurd 49x sales.
Revenue $1.29M · FY2025
CTNT is not investable in its current form. The business that made it real is gone: management discontinued the parallel-import vehicle operation in March 2025 after unit sales cratered from 303 vehicles in 2023 to 14 in 2024 (-95.7%), and reclassified it as discontinued operations. What remains is a nascent, unproven logistics/warehousing pivot — acquisitions of Edward and TWEW, plus NexTrade (bought for $1, 'has not been engaged in any business operations') and Cheetah BVI ('has not commenced operations'). FY2025 revenue of $1.29M looks like +182.7% growth, but that is off a $456K base; total revenue has fallen from $55.2M (FY2022) to $38.3M (FY2023) to near-zero — a ~98% two-year collapse — and the company admits it is 'undergoing a business transformation of our business model.'
The financials are those of a company burning to survive. Operating income is -$4.58M on 12.9% gross margins that produced just $167K of gross profit — the cost base dwarfs the revenue (operating margin -355%, net margin -283%). Cash fell 85.9% to $233K, retained earnings are -$8.33M, and the equity base shrank 26% to $9.36M. Book value is roughly $0.26/share ($9.36M / 36.2M), yet the stock trades at $1.75 — about 6.7x book and 49x sales for an unprofitable micro-cap with no proven forward revenue engine.
Is CTNT a buy? The one-page verdict, explained →
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $55.2M | $38.3M | $456K | $1.29M |
| Gross profit | $4.47M | $4.25M | $179K | $167K |
| Operating income | $2.14M | -$2.19M | -$3.74M | -$4.58M |
| Net income | $817K | $134K | -$5.19M | -$3.65M |
| Diluted EPS | $0.05 | $0.12 | -$2.65 | -$1.12 |
| Net margin | 1.5% | 0.3% | -1138.4% | -283.2% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$5.55M
EV / EBITDA—
EV / Sales4.3
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-70.5%
FCF yield-7.1%
Quality & risk
ROIC (est.)-36.3%
Free cash flow-$367K
Total debt$609K
Net cash-$375K
Altman Z-Score-0.13 distress
Piotroski F-Score3/9
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+1254.0%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has skewed negative — read the flagged items.
- 8-K Agreement terminated2026-06-29
Terminated a material definitive agreement
- 8-K Material agreement2026-06-22
New material deal plus unregistered share sale — further dilution
- 8-K Officer / director change2026-06-04
Entered new material agreement and reshuffled an officer/director
- 8-K Other event2026-06-01
Other-events disclosure; no financial impact stated
- 8-K Earnings results2026-05-14
Q1 2026: tiny revenue, ongoing losses, mid business transformation
- 10-Q Quarterly report2026-05-14
Q1 2026: tiny revenue, ongoing losses, mid business transformation
- 8-K Material event2026-04-24
Charter amended; Delaware reincorporation modifies shareholder rights
- 10-K Annual report2026-03-20
FY25 net loss $3.65M; vehicle biz discontinued; new reverse split OK'd
- DEF 14A Proxy statement2025-12-18
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-262026-06-29open ↗PRE 14CPeriod ending 2026-06-252026-06-25open ↗8-KPeriod ending 2026-06-152026-06-22open ↗SCHEDULE 13D/AFiling2026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗8-KPeriod ending 2026-05-292026-06-04open ↗8-KPeriod ending 2026-05-262026-06-01open ↗8-KPeriod ending 2026-05-142026-05-14open ↗10-QPeriod ending 2026-03-312026-05-14open ↗8-KPeriod ending 2026-04-202026-04-24open ↗8-KPeriod ending 2026-04-162026-04-16open ↗8-KPeriod ending 2026-03-312026-04-02open ↗
Frequently asked
- Is CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT) a buy?
- CTNT currently carries a Avoid rating with 5/5 conviction, derived from its latest SEC filings. A logistics shell whose core auto business was discontinued — revenue collapsed 98% since 2022, cash near zero, priced at an absurd 49x sales.
- What is CHEETAH NET SUPPLY CHAIN SERVICE INC.'s quality score?
- CTNT scores 53.1007491715891/100 (grade C-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001951667, latest 10-Q filed 2026-05-14) · EODHD · Proprietary analysis · as of 7/4/2026, 10:04:56 AM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 4, 2026, 6:04 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
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