GLGHK Ltd (GLG)
TD Holdings, Inc. operates within the People's Republic of China, focusing on raw materials commerce and providing comprehensive supply chain solutions. The company's trading division is responsible for sourcing non-ferrous metals like aluminum ingots, copper, silver, and gold directly from primary producers, which are then supplied to its diverse industrial clientele. Beyond trading, TD Holdings offers a robust supply chain management service that spans a wide array of commodities, including both ferrous and non-ferrous metals, coal, various metallurgical inputs, soybean and other oils, rubber, and timber. This service functions as an all-encompassing, digitally enhanced platform designed to connect upstream manufacturers, downstream customers, storage facilities, logistics networks, information flow, and futures trading activities. Founded in 2011 and headquartered in Beijing, the company underwent a name change from Bat Group, Inc. to TD Holdings, Inc. in March 2020.
Sector: Services-Amusement & Recreation Services
Industry: Industrial Materials
TD Holdings, Inc.
NASDAQ:GLGBasic Materials · Industrial Materials
Mkt Cap-
Float2.41M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$156.84M
Net Income$4.53M
Total Assets$363.1M
Free Cash Flow$9.55M
Debt & Equity
Debt 2%
Equity 98%
Total Debt$5.87M
Total Equity$299.22M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:50Reverse splitOct 30, 202350 shares → 1
Balance Sheet Details
Assets$363.1M
Liabilities$65.12M
Accounts Receivable$143.17M
Accounts Payable$1K
Inventory$458K
PP&E (Net)$203K
Goodwill$160.21M
Intangible Assets$54.11M
Income Statement
| Period | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Revenue | $156.84M | $201.13M | $28.27M | $2.49M | $488K | -$2.43M | $1.63M | -$12.29M | $2.1M | $13.19M | $13M | $11.63M |
| YoY Growth | -22.0% | 611.5% | 1033.9% | 410.8% | -120.1% | -249.3% | -113.2% | -685.2% | -84.1% | 1.5% | 11.7% | - |
| Cost of Revenue | $155.8M | $198.13M | $24.64M | $2.13M | $71K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $1.04M | $3.01M | $3.63M | $360K | $417K | -$2.43M | $1.63M | -$12.29M | $2.1M | $13.19M | $13M | $11.63M |
| Gross Margin | 0.7% | 1.5% | 12.8% | 14.4% | 85.4% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $8.84M | $8.14M | $3.04M | $3.83M | $2.02M | $1.08M | $2.13M | $1.35M | $1.2M | $2.12M | $1.78M | $1.37M |
| Other | $44K | $1.84M | $0 | $0 | -$167K | $0 | $907 | -$8K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $8.89M | $9.97M | $3.04M | $3.83M | $2.38M | $0 | $2.13M | $1.34M | $0 | $0 | $0 | $0 |
| Operating Income (EBIT) | $9.24M | $2.83M | $3.43M | -$3.48M | -$1.97M | -$7.95M | -$1.95M | -$58.27M | -$26.84M | $10.73M | $11.79M | $11.6M |
| Operating Margin | 5.9% | 1.4% | 12.1% | -139.6% | -403.0% | 326.9% | -119.8% | 474.1% | -1277.9% | 81.3% | 90.7% | 99.8% |
| Interest Expense | $1.74M | $1.78M | $185K | $657 | $20K | $0 | $30K | $497K | $900K | $1.14M | $1.3M | $1.58M |
| Interest Income | $17.04M | $10.08M | $6.24M | $64K | $0 | $404K | $1.29M | $2.98M | $7.18M | $12.44M | $12.29M | $11.18M |
| Other Income (Expense) | $15.36M | $8.02M | -$3.66M | -$3.45M | -$371K | -$6.47M | -$719K | -$505K | -$955K | -$1.14M | -$1.3M | -$2.11M |
| Income Before Tax (EBT) | $7.51M | $1.05M | -$222K | -$6.93M | -$2.42M | -$10.7M | -$1.98M | -$58.77M | -$28.01M | $9.09M | $10.02M | $9.49M |
| Income Tax Expense | $3.25M | $1.99M | $2.18M | $15K | -$104K | $0 | $0 | $2.5M | -$723K | $1.38M | $1.71M | $1.19M |
| Net Income | $4.53M | -$940K | -$2.4M | -$6.94M | $7.65M | -$10.7M | -$1.98M | -$61.26M | -$27.29M | $7.7M | $8.31M | $8.3M |
| Net Income Margin | 2.9% | -0.5% | -8.5% | -278.5% | 1566.8% | 440.0% | -121.6% | 498.4% | -1299.2% | 58.4% | 64.0% | 71.4% |
| Supplementary Data | ||||||||||||
| EPS | 0.09 | -0.04 | -0.23 | -4.46 | 8.32 | -747.50 | -169.88 | -6203.39 | -2940.47 | 1010.00 | 1305.00 | 1427.50 |
| Diluted EPS | 0.07 | -0.04 | -0.23 | -4.46 | 8.32 | -747.50 | -169.88 | -6203.39 | -2940.47 | 1010.00 | 1305.00 | 1427.50 |
| Weighted Average OS | 58.59M | 24.22M | 10.25M | 1.56M | 919,223 | 14,314 | 11,656 | 9,876 | 9,281 | 7,628 | 6,368 | 5,816 |
| EBITDA | $14.18M | $6.8M | $3.32M | -$6.58M | -$1.6M | -$7.94M | -$1.89M | -$58.15M | -$26.73M | $10.84M | $11.86M | $11.65M |
| EBITDA Margin | 9.0% | 3.4% | 11.7% | -263.9% | -327.2% | 326.7% | -116.1% | 473.0% | -1272.6% | 82.2% | 91.2% | 100.2% |
Balance Sheet
| Period | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $893K | $4.31M | $2.7M | $2.45M | $1.52M | $2.5M | $769K | $306K | $4.99M | $9.41M | $1.59M | $3.55M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $384K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $893K | $4.31M | $2.7M | $2.45M | $1.52M | $2.88M | $769K | $306K | $4.99M | $9.41M | $1.59M | $3.55M |
| Accounts Receivable | $143.17M | $126.66M | $74.27M | $5.27M | $0 | $587K | $1.46M | $1.19M | $6.54M | $2.1M | $1.21M | $1.47M |
| Inventory | $458K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $4.04M | $3.29M | $1.31M | $167K | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $148.57M | $134.26M | $78.28M | $7.88M | $1.57M | $3.47M | $2.23M | $1.5M | $11.53M | $11.51M | $2.8M | $5.02M |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $203K | $892K | $0 | $2.47M | $1.64M | $16K | $20K | $126K | $142K | $255K | $303K | $50K |
| Goodwill | $160.21M | $71.03M | $69.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $54.11M | $21.26M | $19.57M | $0 | $0 | $0 | $0 | $4K | $15K | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $973K | $0 | $384K | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$214.53M | $0 | -$88.9M | $65K | $0 | -$400K | -$20K | -$131K | -$157K | -$255K | -$303K | -$50K |
| Total Long-Term Assets | $214.53M | $93.18M | $88.9M | $3.51M | $1.64M | $400K | $20K | $131K | $157K | $255K | $303K | $50K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $3.3M | $18.96M | $22.82M | $71.4M | $101.24M | $96.9M | $89.48M |
| Total Assets | $363.1M | $227.44M | $167.18M | $11.39M | $3.21M | $7.17M | $21.21M | $24.45M | $83.09M | $113M | $100M | $94.56M |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $1K | $3.34M | $0 | $0 | $0 | $0 | $749K | $1.07M | $2.74M | $9.67M | $9.46M | $9.18M |
| Short-Term Debt | $5.79M | $5.48M | $1.65M | $3.37M | $218K | $0 | $0 | $2.62M | $11.39M | $16.36M | $20.61M | $23.59M |
| Current Income Tax Payable | $15.09M | $10.53M | $7.64M | $54K | $8K | $330K | $169K | $126K | $99K | $158K | $171K | $132K |
| Current Unearned Revenue | $437K | $5.22M | $9.21M | $15K | $6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $55.75M | $12.76M | $21K | $1.62M | $177K | $0 | -$749K | -$3.69M | -$14.13M | -$26.03M | -$30.06M | -$32.77M |
| Total Current Liabilities | $61.98M | $26.8M | $42.26M | $5.44M | $409K | $0 | $749K | $3.69M | $14.13M | $26.03M | $30.06M | $32.77M |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $84K | $587K | $0 | $152K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | -$84K | $0 | $0 | $0 | $0 | $0 | $21K | $61K | $183K | $482K | $773K | $955K |
| Long-Term Deferred Tax Liabilities | $3.06M | $4.18M | $4.89M | $0 | $0 | $0 | $140K | $204K | $314K | $334K | $304K | $264K |
| Other Long-Term Liabilities | $84K | $0 | $0 | $0 | $0 | $0 | -$161K | -$266K | -$497K | -$816K | -$1.08M | -$1.22M |
| Total Long-Term Liabilities | $3.14M | $4.76M | $4.89M | $152K | $0 | $0 | $161K | $266K | $497K | $816K | $1.08M | $1.22M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $18.09M | $19.63M | $5.73M | $1.21M | $1.62M | $1.44M |
| Total Liabilities | $65.12M | $31.56M | $47.15M | $5.59M | $409K | $0 | $19M | $23.59M | $20.35M | $28.05M | $32.76M | $35.43M |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2 | $0 |
| Common Stock | $107K | $138K | $79K | $12K | $25K | $19K | $17K | $12K | $12K | $10K | $9K | $900 |
| Retained Earnings | -$38.8M | -$42.2M | -$39.26M | -$32.39M | -$25.46M | -$81.53M | -$70.23M | -$68.25M | -$6.99M | $20.3M | $14.56M | $8.35M |
| Comprehensive Income & Other | -$6.38M | $13.14M | $7.8M | -$334K | -$511K | $10.26M | $10.32M | $10.48M | $11.4M | $11.94M | $8.45M | $6.71M |
| Other Stockholders' Equity | $337.91M | $237.93M | $159.21M | $38.19M | $28.23M | $77.32M | $73.44M | $70.18M | $70.86M | $64.64M | $52.68M | $50.77M |
| Total Equity | $299.22M | $195.87M | $120.03M | $5.81M | $2.8M | -$4.2M | $3.22M | $1.94M | $63.88M | $84.95M | $67.25M | $59.13M |
| Minority Interest | -$1.25M | $0 | $0 | -$9K | $0 | -$1.08M | -$1.01M | -$1.08M | -$1.15M | $0 | $0 | $0 |
| Total Liabilities and Equity | $364.34M | $227.44M | $167.18M | $11.4M | $3.21M | -$4.2M | $22.22M | $25.53M | $84.24M | $113M | $100M | $94.56M |
| Supplementary Data | ||||||||||||
| Total Debt | $5.87M | $6.07M | $1.65M | $3.52M | $218K | $0 | $0 | $2.62M | $11.39M | $16.36M | $20.61M | $23.59M |
| Net Debt | $4.98M | $1.75M | -$1.05M | $1.07M | -$1.3M | -$2.5M | -$769K | $2.31M | $6.4M | $6.95M | $19.02M | $20.04M |
Cash Flow Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Operating Activities | |||||||||||||
| Net Income | -$2.27M | $4.25M | -$940K | -$5.95M | -$6.94M | $7.65M | -$10.7M | -$1.98M | -$61.26M | -$27.29M | $7.7M | $8.31M | $8.3M |
| Depreciation & Amortization | $120K | $4.94M | $3.97M | $515K | $359K | $103K | $7K | $59K | $127K | $112K | $112K | $66K | $48K |
| Deferred Income Tax | -$756K | -$792K | -$826K | -$136K | $0 | -$105K | $3.06M | -$53K | $599K | -$723K | $20K | $37K | $78K |
| Stock-Based Compensation | $0 | $44K | $1.84M | $38K | $884K | $0 | $2.84M | $1.96M | $248K | $25K | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | -$22K | -$12K | $536K | $575K | -$188K | -$233K | $68K |
| Inventory | $192K | -$492K | $0 | $403K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$1K | -$3.16M | $3.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | -$2.83M | -$2.04M | $24.52M | $81K | $104K | $528K | $84K | $1.78M | -$209K | -$1.21M | $42K | $348K |
| Total Working Capital Change | $0 | -$6.48M | $1.26M | $24.92M | $81K | $104K | $506K | $72K | $2.32M | $366K | -$1.4M | -$192K | $416K |
| Other Non-Cash Items | $0 | $2.37M | $4.21M | $10.47M | $3.45M | $167K | $6.16M | -$446K | $58.43M | $30.24M | $168K | $71K | $181K |
| Net Cash from Operating | $9.55M | $4.34M | $8.03M | $29.86M | -$2.17M | -$87K | -$1.18M | -$384K | $466K | $2.7M | $6.61M | $8.3M | $9.02M |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | -$257K | -$6.04M | $0 | -$2.07M | -$2.12M | -$2K | -$48K | -$112K | -$16K | -$76K | -$305K | -$673 |
| Acquisitions | $0 | -$96.64M | -$15.58M | -$82.23M | -$883K | $500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$134K | $0 | $0 | -$1.2M | $0 | -$370K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $333K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$100.09M | -$28.51M | -$49.9M | -$50.36M | -$5.06M | -$1.65M | $982K | $2.46M | $3.54M | -$6.76M | -$1.62M | -$6.19M | -$5.02M |
| Net Cash from Investing | -$100.09M | -$125.54M | -$71.52M | -$132.58M | -$8.87M | -$3.27M | $610K | $2.41M | $3.43M | -$6.78M | -$1.69M | -$6.49M | -$5.02M |
| Financing Activities | |||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $559K | $114.42M | $60.07M | $38.5M | $6.66M | $3.58M | $2.26M | $1M | $0 | -$798K | $8.9M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$843K | -$4.36M |
| Other Financing Activities | $92.82M | $117.39M | $64.12M | $106.15M | $11.83M | $3.81M | $2.26M | -$1.6M | -$8.51M | -$222K | $2.81M | -$2.9M | $3.02M |
| Net Cash from Financing | $92.82M | $117.39M | $64.12M | $106.15M | $11.83M | $3.81M | $2.26M | -$1.6M | -$8.51M | -$222K | $2.81M | -$3.74M | -$1.34M |
| Forex Effect | -$1.65M | $394K | $979K | -$2.5M | $172K | -$323K | $44K | $34K | -$71K | -$114K | $92K | -$26K | $229K |
| Net Change in Cash | $623K | -$3.42M | $1.61M | $923K | $963K | $124K | $1.73M | $462K | -$4.69M | -$4.41M | $7.82M | -$1.96M | $2.89M |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $9.55M | $4.34M | $8.03M | $29.86M | -$2.17M | -$87K | -$1.18M | -$384K | $466K | $2.7M | $6.61M | $8.3M | $9.02M |
| Capital Expenditure | $0 | -$257K | -$6.04M | $0 | -$2.07M | -$2.12M | -$2K | -$48K | -$112K | -$16K | -$76K | -$305K | -$673 |
| Free Cash Flow | $9.55M | $4.08M | $1.99M | $29.86M | -$4.23M | -$2.21M | -$1.19M | -$432K | $353K | $2.69M | $6.53M | $7.99M | $9.02M |
| Cash at Beginning | $893K | $4.31M | $2.7M | $1.78M | $1.48M | $1.36M | $769K | $306K | $4.99M | $9.41M | $1.59M | $3.55M | $659K |
| Cash at End | $1.52M | $893K | $4.31M | $2.7M | $2.45M | $1.48M | $2.5M | $769K | $306K | $4.99M | $9.41M | $1.59M | $3.55M |