stockrow
Saturday 14 November 2026
Export TANH’s income statement to Excel — free account
Tantech Holdings Ltd.
TANHConsumer Defensive Household & Personal Products
Tantech Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $38.4 million, down 10.7% from fiscal 2024.
40.24
0.45
+1.13%
Follow TANH
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | 41 | 42 | 30 | 49 | 42 | 55 | 53 | 45 | 43 | 38 | (0.6%) | — | — | — | — | |
| Gross margin, % | 32.21 | 24.96 | 27.16 | 12.14 | 10.59 | 18.88 | 18.87 | 21.77 | 20.83 | 18.62 | (13.6) pt | ||||||
| EBT | 8 | 4 | 2 | (9) | (11) | (8) | 6 | 9 | 1 | (34) | n/m | ||||||
| EBT margin, % | 20.45 | 10.58 | 6.86 | (18.88) | (25.15) | (14.95) | 10.71 | 20.76 | 1.45 | (87.34) | (107.8) pt | ||||||
| Net income | 7 | 3 | 1 | (10) | (10) | (11) | 3 | 7 | (2) | (31) | n/m | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | 1.76 | 1.63 | 1.03 | 818,996.22 | 686,464.93 | 639,389.35 | 106,980.60 | 31,879.36 | 5,051.78 | 832.09 | +98.2% | |||||
| Earnings | 0.19 | 0.15 | 0.07 | (105,754.00) | (105,856.00) | (96,701.00) | 6,060.00 | 4,040.00 | (383.00) | (682.00) | n/m | ||||||
| Cash flow | (0.31) | 0.08 | 0.51 | 244,496.42 | 230,072.26 | (93,605.38) | 16,586.00 | 3,757.36 | 630.93 | (126.16) | +95.3% | ||||||
| Capex | 0.00 | (0.02) | (0.02) | (1,261.00) | (1,996.87) | 6,063.73 | (92.40) | (151.43) | (9.47) | 0.02 | n/m | ||||||
| Free cash flow | (0.31) | 0.06 | 0.49 | 243,235.42 | 228,075.39 | (87,541.65) | 16,493.60 | 3,605.93 | 621.46 | (126.15) | +95.2% | ||||||
| Book value | 3.48 | 4.22 | 3.83 | 1,572,631.59 | 1,615,217.15 | 1,302,025.87 | 231,870.80 | 87,860.86 | 15,091.31 | 2,393.70 | +106.6% | ||||||
| Shares, m | 23 | 26 | 29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (49.9%) | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | 2.35 | 2.54 | 24.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.0 | |||||
| P/S | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| P/B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | 0.00 | 0.00 | 0.00 | (0.07) | (0.33) | (0.32) | (0.11) | (0.19) | (0.26) | (0.24) | (0.2) | ||||||
| EV/FCF | (6.21) | (5.77) | 0.00 | (0.09) | (0.71) | (4.33) | 0.24 | 0.58 | (2.30) | 28.21 | 1.0 | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | (7) | 2 | 15 | 15 | 14 | (8) | 8 | 5 | 5 | (6) | (2.1%) | |||||
| Capex | 0 | (1) | (1) | 0 | 0 | 1 | 0 | 0 | 0 | 0 | n/m | ||||||
| Free cash flow | (7) | 2 | 14 | 15 | 14 | (8) | 8 | 5 | 5 | (6) | (2.1%) | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | 50 | 62 | 48 | 49 | 65 | 84 | 93 | 98 | 106 | 63 | +2.7% | |||||
| Net debt | 2 | (1) | 0 | (6) | (30) | (36) | (12) | (24) | (32) | (29) | n/m | ||||||
| Shareholders’ equity | 80 | 110 | 110 | 95 | 99 | 113 | 116 | 123 | 128 | 110 | +3.6% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | 4.74 | 3.24 | 1.45 | (5.09) | (5.63) | (6.66) | 2.25 | 4.05 | (2.28) | (23.55) | (28.3) pt | |||||
| ROIC | 6.53 | 2.64 | 1.34 | (6.26) | (9.31) | (6.98) | 2.74 | 2.31 | 2.58 | (9.41) | (15.9) pt | ||||||
| ROE | 5.61 | 3.97 | 1.80 | (6.22) | (6.72) | (7.88) | 2.64 | 4.67 | (2.58) | (26.34) | (31.9) pt | ||||||
| People | |||||||||||||||||
| People | Employees | 140 | 136 | 112 | 71 | 39 | 51 | 51 | 61 | 46 | 45 | (11.8%) | |||||
| Revenue/emp, $m | 0.29 | 0.31 | 0.26 | 0.69 | 1.08 | 1.08 | 1.05 | 0.73 | 0.93 | 0.85 | +12.7% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jan 0001 · fundamentals updated 26 Oct 2026
Tantech Holdings Ltd. vs peers in Household & Personal Products (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| YSG Yatsen Holding Limited Sponsored ADR | $124.4M | — (loss-making) | — (loss-making) | +10.97% (above 0%: growing) | n/m | +14.56% (above 0%: growing) | 73.88% | (11.55%) | Compare |
| SKIN SkinHealth Systems Inc. | $104.4M | — (loss-making) | — (loss-making) | −2.10% (below 0%: shrinking) | n/m | +19.12% (above 0%: growing) | 68.16% | 7.20% | Compare |
| SLSN Solesence, Inc. | $64.2M | 44.7× | — | +38.13% (above 0%: growing) | n/m | +311.03% (above 0%: growing) | 39.32% | 20.02% | Compare |
| GROV Grove Collaborative Holdings, Inc. | $41.4M | — (loss-making) | — (loss-making) | −15.81% (below 0%: shrinking) | n/m | +98.57% (above 0%: growing) | 55.82% | 0.67% | Compare |
| UG United-Guardian, Inc. | $39.7M | 12.6× | 18.7× | +54.34% (above 0%: growing) | +233.33% (above 0%: growing) | −45.89% (below 0%: shrinking) | 53.66% | 31.73% | Compare |
| TANH Tantech Holdings Ltd. | $26.6M | — (loss-making) | 0.7× | −4.32% (below 0%: shrinking) | +102.50% (above 0%: growing) | −214.50% (below 0%: shrinking) | 20.52% | 0.00% | |
| DSY Big Tree Cloud Holdings Limited | $14.1M | 15.7× | — | — | 0.00% | −267.22% (below 0%: shrinking) | — | — | Compare |
| ATTT Atlas Trinity Tech Limited | $12.9M | — | — | — | — | −192.00% (below 0%: shrinking) | — | — | Compare |
| BRSHF Bruush Oral Care Inc. | $8.7M | — (loss-making) | — | +7.78% (above 0%: growing) | n/m | −241.22% (below 0%: shrinking) | 75.64% | (488.63%) | Compare |
| Median of peers | $40.5M | 15.7× | — | +9.38% | — | −15.66% | 61.99% | 3.93% |