Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Tantech Holdings Ltd

TANHNASDAQ
Wall Street ScoreUnder review
$12.58USD$-0.30 (-2.33%)

The research page contains a warning that has not been mapped to a supported model interpretation. The company research remains available, but the complete score is withheld until the warning is reviewed.

Company website www.tantech.cn
HeadquartersShuige Industrial Zone, Lishui, ZH, 323000, CN
Financial statement currencyUSD · no FX conversion applied
Consumer Defensive · Household & Personal Products
Price updated todayFinancials updated Oct 23, 2026

TANH · Price history

Price at last available close

$12.58

−$2.04 (-13.95%) 1M

2026-10-28

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Company & revenue

About Tantech Holdings Ltd

Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.

Who they are

Tantech Holdings Ltd (TANH), a diversified enterprise established in 2001 and headquartered in Lishui, People's Republic of China, primarily operates through two distinct divisions: Consumer Products and Electric Vehicle. Within its Consumer Products segment, Tantech specializes in the development and manufacture of charcoal derived from bamboo. These offerings cater to a wide array of applications, including industrial energy production, domestic cooking and heating, purification, agricultural uses, and various cleaning tasks, with distribution spanning both China and international markets.

How they make money

Tantech Holdings Ltd is a holding company that operates through its PRC subsidiaries to manufacture and sell charcoal-based products, including bamboo charcoal products for household and personal use, as well as specialized charcoal products for industrial applications. The company generates revenue primarily through the sale of these products to various distributors and retail customers, while also managing investments in electric vehicle and energy-related businesses.

Products & services

Bamboo charcoal products for household and personal use, industrial charcoal products, and electric vehicle manufacturing and sales.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

CHINAUSD 35.79M93.3%

Period ended 2025-12-31Source

Foreign CountriesUSD 2.57M6.7%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Customer types

Customer concentration

The company has historically experienced sales concentration among a relatively small number of customers, which poses a risk to revenue stability.

Suppliers, materials & equipment

  • Raw material suppliers — The company relies on various suppliers for bamboo and other raw materials used in the production of charcoal products; specific supplier names are not disclosed.Source

Strengths

  • Established manufacturing infrastructure in the PRCSource

Risks

  • Concentration of sales to a limited number of customersSource
  • Regulatory risks associated with operations in ChinaSource

Company-specific research

Questions worth answering for TANH

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can TANH maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •How long can TANH fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •How is TANH likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • •What specifically needs to improve for TANH to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify TANH's current valuation?
⚠ 2 warningsView warning details
Debt service riskReverse-split headline · Sep 1, 2026
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Market Cap

$8.4M

P/E Ratio

-33.2

EPS

$-0.57

52-Week High

$82.00

52-Week Low

$8.01

Beta

0.51

Shares Outstanding

668K

Total Debt

$4.7M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$165.28

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
26/ 100
+25 pts / 5d

Strong downward momentum

5D +42.8% · 20D -16.1% · RSI 44 · Price vs 20D avg -14.7%
Volatility
98/ 100
+14 pts / 5d

Extreme movement

20D realized vol 442.0% · 60D 308.8% · Acceleration 1.43x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for TANH

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Debt service risk

Interest coverage is low (~-43.7x). Earnings may be strained to cover interest expense.

Reverse-split headline · Sep 1, 2026

Tantech Holdings Ltd. Announces Reverse Split Record Date — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

GlobeNewsWire

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on TANH.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Established manufacturing infrastructure in the PRC.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Household & Personal Products industry.
  • −Concentration of sales to a limited number of customers.
  • −Regulatory risks associated with operations in China.
  • −Negative free cash flow may increase the need for outside financing and dilution.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

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Scores

Click any score for full breakdown

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Debt Cost6.0%
Debt Reduction YoY-3.2%
Debt / Equity0.04x

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Revenue YoY111.9%
Revenue CAGR-10.0%
Net Margin-42.1%

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—

Asset Growth YoY-13.3%
Liquidation/Share$165.28
Net Assets/MCap9.49x

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Earnings Yield-272.5%
Buyback Yield1.0%
Debt Cost6.0%

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—

ROIC-14.9%
ROE-31.1%
ROA-27.6%

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EPS Growth—
FCF/Share Growth—
Rev/Share Growth-44.8%

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Intrinsic Value—
Value Reference—
MOS—

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Revenue—
Moat—
Valuation—

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MOS %—
Value Reference—
Deep Discount Reference—

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Interest Coverage-43.7x
ROIC-14.9%
FCF Yield-46.3%

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Financial—
Valuation—
Debt—

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Survival Years5.7 yrs
Current Ratio6.59x
FCF Margin-15.2%

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Score Changes

Score changes will appear once more historical records are available.

Price vs. Value

Valuation unavailable

Current Price

$12.58

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$20M$40M$60M$80M

Additional Metrics

Operating Cash Flow

201520172019202120232025-$15M-$8M$0$8M$15M

Total Debt

201520172019202120232025$0$4M$7M$11M$14M

Total Assets

201520172019202120232025$0$40M$80M$120M$160M

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$81.3M$38.4M$42.9M$47.3M····························
Cost of Revenue$65.2M$31.2M$34.0M$37.1M····························
Gross Profit$16.1M$7.1M$8.9M$10.2M····························
Research & Development$117K$79K$39K$471K····························
SG&A Expenses$24.2M$19.3M$4.9M$7.9M····························
Operating Expenses$24.3M$19.3M$5.0M$8.3M····························
EBITDA-$11.0M-$33.1M$2.5M$8.3M····························
Operating Income-$8.2M-$12.2M$4.0M$1.8M····························
Interest Expense$570K$280K$290K$421K····························
Income Before Tax-$32.9M-$33.5M$624K$7.4M····························
Income Tax Expense$587K-$2.5M$3.1M$2.4M····························
Net Income-$34.3M-$31.0M-$3.2M$5.6M····························
Basic EPS$-0.57$-0.27$-0.15$2.16····························
Basic Shares38.9K46.1K8.5K55.3K····························
Diluted Shares38.9K46.1K8.5K55.3K····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Dec 31, 2025Q4FY2025

Revenue

$17.8M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.42

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+3.2%

Cash Change

-6.0%

Margin Change

-206.1 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Weakened

  • Margins contracted
  • Cash position declined
  • Debt increased

Potential Score Impact

Positive indicators included EPS growth. Pressure indicators included revenue growth, cash levels, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 16.7%. EPS increased 22.4%. Cash declined 6.0%. Total debt increased 3.2%. Net income margin declined by 206.1 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Earnings data: 302 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

5 historical records
Jul 24, 26Sep 13, 26Oct 1, 26Oct 22, 26Oct 23, 260255075100

Historical Score Chart

3 of 5 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 2 more records and the complete score history.Start Free Trial

Wall Street Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Debt Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Revenue Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Asset Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Capital Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Management Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Moat Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Valuation Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Buffett Score

Oct 1, 26Oct 22, 26Oct 23, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · TANH

Corporate developments & opportunities

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No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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