Zhongchao Inc. financial data

Symbol
ZCMD on Nasdaq
Industry
Services-Educational Services
Location
841 Yan An Middle Road, Jing An District, Nanxi Creative Center, Suite 218, Shanghai, China
State of incorporation
Cayman Islands
Fiscal year end
December 31
Latest financial report
Q4 2023 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin -68.4 % -227%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Value, Issued 2.05 K USD +0.1%
Weighted Average Number of Shares Outstanding, Basic 2.6 M shares +0.14%
Weighted Average Number of Shares Outstanding, Diluted 2.6 M shares +0.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 19.4 M USD +37.3%
Cost of Revenue 10.9 M USD +40.1%
Research and Development Expense 514 K USD +25%
Selling and Marketing Expense 6.71 M USD +220%
General and Administrative Expense 6.7 M USD -1.51%
Operating Income (Loss) -13.3 M USD -350%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -12 M USD -370%
Income Tax Expense (Benefit) -670 K USD -346%
Net Income (Loss) Attributable to Parent -11.3 M USD -285%
Earnings Per Share, Basic -4.35 USD/shares -285%
Earnings Per Share, Diluted -4.35 USD/shares -285%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.55 M USD -34.5%
Accounts Receivable, after Allowance for Credit Loss, Current 2.55 M USD -62.3%
Inventory, Net 592 K USD +213%
Other Assets, Current 451 K USD -8.44%
Assets, Current 18.7 M USD -17.6%
Deferred Income Tax Assets, Net 358 K USD -80.8%
Property, Plant and Equipment, Net 3.22 M USD -17.2%
Operating Lease, Right-of-Use Asset 797 K USD -52.2%
Intangible Assets, Net (Excluding Goodwill) 17.5 K USD -98.1%
Goodwill 5.49 M USD
Other Assets, Noncurrent 14.9 K USD
Assets 24.4 M USD -36.8%
Accounts Payable, Current 684 K USD +386%
Contract with Customer, Liability, Current 839 K USD +112%
Liabilities, Current 2.68 M USD -35.7%
Long-term Debt and Lease Obligation 1.84 M USD -30.8%
Deferred Income Tax Liabilities, Net 128 K USD -38.4%
Operating Lease, Liability, Noncurrent 572 K USD -53.2%
Liabilities 3.38 M USD -39.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.23 M USD -141%
Retained Earnings (Accumulated Deficit) -7.27 M USD -276%
Stockholders' Equity Attributable to Parent 18 M USD -39.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 21 M USD -36.3%
Liabilities and Equity 24.4 M USD -36.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 54.2 K USD
Net Cash Provided by (Used in) Financing Activities 1.85 M USD
Net Cash Provided by (Used in) Investing Activities -3.75 M USD -12.2%
Common Stock, Shares Authorized 500 M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.97 M USD -65.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7.55 M USD -34.5%
Deferred Tax Assets, Valuation Allowance 716 K USD +111%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 346 K USD +322%
Operating Lease, Liability 808 K USD -52.5%
Depreciation 172 K USD -28.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -12.1 M USD -159%
Lessee, Operating Lease, Liability, to be Paid 884 K USD
Property, Plant and Equipment, Gross 3.89 M USD -0.82%
Operating Lease, Liability, Current 236 K USD -50.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 268 K USD
Deferred Income Tax Expense (Benefit) -739 K USD -651%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 76.1 K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 184 K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.05 M USD -0.24%
Current Income Tax Expense (Benefit) 69.5 K USD -49.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 173 K USD
Operating Lease, Payments 427 K USD +4.32%
Additional Paid in Capital 25.1 M USD +0.54%
Operating Leases, Future Minimum Payments, Due in Two Years 551 K USD +472%
Amortization of Intangible Assets 336 K USD +181%
Depreciation, Depletion and Amortization 518 K USD +35.3%
Deferred Tax Assets, Net of Valuation Allowance 717 K USD +111%
Share-based Payment Arrangement, Expense 161 K USD -24.1%
Operating Leases, Future Minimum Payments, Due in Three Years 325 K USD +819%