Tantech Holdings Ltd
TANH Nasdaq· Industrial Organic Chemicals
Last close · Oct 30, 2026
$12.28
KIRA · Stoqly’s AI analyst, in plain words
- Tantech Holdings Ltd had $38.4M of revenue in fiscal 2025, down 10.7% on the year before. Over five years, revenue changed −1.9% a year on average.
- Its operating margin was −31.8%, down 41.1 pts: of every 100 in sales, about −32 is left after running the business.
- Tantech Holdings Ltd lost $31.0M in fiscal 2025.
- Free cash flow was −$5.8M in fiscal 2025, −15.2% of revenue. At that burn of $5.8M a year, its $33.0M of cash and short-term investments would last about 5.7 years.
Market cap
$28.3M
P/E
—
Revenue
$38.4M
Net income
−$31.0M
Free cash flow
−$5.8M
Operating margin
−31.8%
Tantech Holdings Ltd in 30 seconds · fiscal 2025
Are sales growing?
−10.7%
No. Sales fell 10.7% last year.
Does it make a profit?
−80.9%
No. It lost money last year.
How long would its cash last?
5.7 yrs
Comfortably. It burns $5.8M a year and holds $33.0M, about 5.7 years at that pace.
How healthy are the accounts?
2 / 8
Weak. It passes 2 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Tantech Holdings Ltd does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · May 14, 2026
- Legal name
- TANTECH HOLDINGS LTD
- CIK
- 0001588084
Tantech Holdings Ltd · TANH · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $55.3M | $53.0M | $44.6M | $42.9M | $38.4M |
| Revenue growth | 30.7% | −4.2% | −15.7% | −3.8% | −10.7% |
| Gross margin | 18.9% | 19.1% | 21.8% | 20.8% | 18.6% |
| Operating margin | −15.4% | 11.2% | 8.2% | 9.3% | −31.8% |
| Net income | −$8.4M | $2.6M | $5.6M | −$3.2M | −$31.0M |
| Net margin | −15.1% | 4.9% | 12.5% | −7.5% | −80.9% |
| Diluted EPS | −$48.35 | $120.10 | $80.69 | −$7.66 | −$13.64 |
| Cash | |||||
| Cash from operations | −$8.1M | $8.3M | $5.3M | $5.4M | −$5.8M |
| Capital expenditure | $0.2M | $0.0M | $0.0M | $0.1M | $0.0M |
| Free cash flow | −$8.3M | $8.3M | $5.3M | $5.3M | −$5.8M |
| FCF margin | −15.0% | 15.7% | 11.8% | 12.3% | −15.2% |
| Share count change | 40.3% | −85.4% | 174.6% | 511.6% | 444.4% |
| Debt and strength | |||||
| Cash and short-term investments | $43.1M | $19.0M | $29.1M | $35.2M | $33.0M |
| Deposits | — | — | $0.5M | — | — |
| Shareholders' equity | $114M | $118M | $126M | $131M | $110M |
| Current ratio | 4.9x | 7.9x | 6.6x | 10.0x | 6.6x |
| Interest coverage | −11.5x | 12.5x | 12.1x | 13.7x | −43.7x |
| Returns and quality | |||||
| Return on equity | −7.8% | 2.2% | 4.6% | −2.5% | −25.7% |
| Return on tangible equity | −7.3% | 2.6% | 4.4% | −2.5% | −28.5% |
| Efficiency ratio | 0.5% | 0.4% | 0.2% | 0.1% | — |
| Piotroski F-score | 3 | 7 | 4 | 3 | 2 |
| Altman Z'' | 10.0 | 12.6 | 12.8 | 15.6 | 11.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Tantech Holdings Ltd · TANH · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $12.28 a share, the company is worth $28.3M.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001588084). Latest version: stoqly.net/companies/tanh. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.