CooTek (Cayman) Inc. - CTKYY

CTKYY Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
CTKYY	24.6	-14.8	-49.9	-59.0	-39.1	-82.2	-98.0	-99.6	-99.8	-99.8
S&P 500	-1.1	-1.6	1.1	6.1	10.8	30.6	25.6	88.5	188.1	33205.9

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	CTKYY
name	CooTek (Cayman) Inc.
price	0.02
changes percentage	24.56
change	0.00
day low	0.02
day high	0.02
year high	0.30
year low	0.00
market cap	156281
price avg 50	0.04
price avg 200	0.05
exchange	PNK
volume	1
avg volume	5648
open	0.02
previous close	0.02
eps	-0.33
pe	-0.06
earnings announcement	2024-12-11T12:00:00.000+0000
shares outstanding	7337136
timestamp	2024-11-14 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 43.7%

Overall Quarterly Financial Health: 50.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001734262
revenue	31976268	83926614	-61.90
gross profit	25940500	70855691	-63.39
gross profit ratio	0.81	0.84	-3.91
research and development expenses	7210687	15523180	-53.55
operating expenses	28476332	69634399	-59.11
interest income	0	0	NaN
interest expense	0	1362001	-100.00
ebitda	-2507980	3751320	-166.86
ebitdaratio	-0.08	0.03	-386.53
operating income	-2535832	1487728	-270.45
operating income ratio	-0.08	0.02	-547.37
net income	-2595941	515014	-604.05
net income ratio	-0.08	0.01	-1,422.96
eps	-0.35	0.07	-589.51

Overall Score of Annual Income Statement

0.25 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 32 million in 2023 from 84 million in 2022 representing a change of -61.9%. This indicates a sales shrinking, which is a negative sign for the company.

  Gross Profit: Gross Profit decreased to 26 million in 2023 from 71 million in 2022 representing a change of -63.39%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -3 million in 2023 from 4 million in 2022 representing a change of -166.86%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -3 million in 2023 from 1 million in 2022 representing a change of -270.45%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -3 million in 2023 from 1 million in 2022 representing a change of -604.05%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.35 in 2023 from -0.35 in 2022 representing a change of -589.51%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Research and Development (R&D) Expenses: R&D Expenses increased to 7 million in 2023 from 16 million in 2022 representing a change of -53.55%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  Operating Expenses: Operating Expenses decreased to 28 million in 2023 from 70 million in 2022 representing a change of -59.11%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001734262
revenue	0	0	NaN
gross profit	0	0	NaN
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	0	0	NaN
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	0	0	NaN
ebitdaratio	0	0	NaN
operating income	0	0	NaN
operating income ratio	0	0	NaN
net income	0	0	NaN
net income ratio	0	0	NaN
eps	0	0	NaN

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001734262
total assets	9281500	21385287	-56.60
total liabilities	9671155	20254451	-52.25
total equity	-389655	1130836	-134.46
cash and cash equivalents	2436369	9724925	-74.95
short term investments	50074	50059	0.03
long term investments	258038	276600	-6.71
total current assets	8245459	19228104	-57.12
total non current assets	1036041	2157183	-51.97
total current liabilities	9432820	19555890	-51.76
total non current liabilities	238335	698561	-65.88
common stock	48372	48372	0.00
retained earnings	-216923365	-214327424	-1.21
total debt	1186913	3433324	-65.43

Overall Score of Annual Balance Sheet

0.44 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 9 million in 2023 from 21 million in 2022 representing a change of -56.6%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 0 million in 2023 from 1 million in 2022 representing a change of -134.46%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 2 million in 2023 from 10 million in 2022 representing a change of -74.95%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 8 million in 2023 from 19 million in 2022 representing a change of -57.12%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -217 million in 2023 from -214 million in 2022 representing a change of -1.21%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 10 million in 2023 from 20 million in 2022 representing a change of -52.25%. This indicates a decrease in overall liabilities.

  Short Term Investments: Short Term Investments increased to 0 million in 2023 from 0 million in 2022 representing a change of 0.03%. This indicates an increase in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities decreased to 9 million in 2023 from 20 million in 2022 representing a change of -51.76%. This indicates a lower short-term debt burden.

  Total Debt: Total Debt decreased to 1 million in 2023 from 3 million in 2022 representing a change of -65.43%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001734262
total assets	0	0	NaN
total liabilities	0	0	NaN
total equity	0	0	NaN
cash and cash equivalents	0	0	NaN
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	0	0	NaN
total non current assets	0	0	NaN
total current liabilities	0	0	NaN
total non current liabilities	0	0	NaN
common stock	0	0	NaN
retained earnings	0	0	NaN
total debt	0	0	NaN

Overall Score of Quarterly Balance Sheet

0.5 out of 1

Detailed Analysis

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001734262
net change in cash	-7308560	-8646078	15.47
operating cash flow	-6560679	1301198	-604.20
free cash flow	-6637137	1299904	-610.59
capital expenditure	-76458	-1294	-5,808.66
depreciation and amortization	379539	1803031	-78.95
deferred income tax	0	-582786	100.00
stock based compensation	704565	1820628	-61.30
accounts payables	-3613124	-17484903	79.34
inventory	0	-1196798	100.00
acquisitions net	0	569447	-100.00
investments in property plant and equipment	-76458	-1294	-5,808.66
net cash used for investing activites	960056	521859	83.97
debt repayment	0	-11616559	100.00
common stock issued	0	542.0	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-1957236	-11616017	83.15
cash at end of period	2476571	9785131	-74.69
accounts receivables	2687831	15841979	-83.03
cash at beginning of period	9785131	18431209	-46.91

Overall Score of Annual Cashflow Statement

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -7 million in 2023 from -9 million in 2022 representing a change of 15.47%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2023 from 0 million in 2022 representing a change of -5808.66%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 1 million in 2023 from 2 million in 2022 representing a change of -61.3%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables decreased to 4 million in 2023 from 17 million in 2022 representing a change of 79.34%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to 3 million in 2023 from 16 million in 2022 representing a change of -83.03%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to -7 million in 2023 from 1 million in 2022 representing a change of -604.2%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -7 million in 2023 from 1 million in 2022 representing a change of -610.59%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2023 from -1 million in 2022 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001734262
operating cash flow	0	0	NaN
free cash flow	0	0	NaN
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	0	0	NaN
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	0	0	NaN
net change in cash	0	0	NaN
cash at end of period	0	0	NaN
cash at beginning of period	0	0	NaN

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	4.3	11.88	-63.83
net income per share	-0.35	0.07	-578.47
operating cash flow per share	-0.88	0.18	-578.61
free cash flow per share	-0.89	0.18	-584.67
cash per share	0.33	1.38	-75.85
book value per share	-0.05	0.16	-132.71
tangible book value per share	-0.05	0.15	-136.95
shareholders equity per share	-0.05	0.16	-132.71
interest debt per share	0.09	0.56	-83.16
market cap	595354.88	1236239.72	-51.84
enterprise value	-654101.12	-5055361.28	87.06
pe ratio	-0.23	2.4	-109.55
price to sales ratio	0.02	0.01	26.40
pocfratio	-0.09	0.95	-109.55
pfcf ratio	-0.09	0.95	-109.43
pb ratio	-1.53	1.09	-239.76
ptb ratio	-1.53	1.09	-239.76
ev to sales	-0.02	-0.06	66.04
enterprise value over ebitda	0.26	-1.35	119.35
ev to operating cash flow	0.1	-3.89	102.57
ev to free cash flow	0.1	-3.89	102.53
earnings yield	-4.36	0.42	-1,146.65
free cash flow yield	-11.15	1.05	-1,160.22
debt to equity	-1.81	2.31	-178.31
debt to assets	0.08	0.12	-37.83
net debt to ebitda	0.5	-1.68	129.70
current ratio	0.87	0.98	-11.10
interest coverage	0	1.09	-100.00
income quality	2.53	2.53	0.03
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.14	0.14	-3.84
research and ddevelopement to revenue	0.23	0.18	21.92
intangibles to total assets	0.0	0.0	-59.79
capex to operating cash flow	-0.01	0.0	-1,271.88
capex to revenue	0.0	0.0	15,408.17
capex to depreciation	0.2	0.0	27,969.55
stock based compensation to revenue	0.02	0.02	1.57
graham number	0.64	0.51	25.10
roic	-8.08	0.39	-2,167.55
return on tangible assets	-0.28	0.02	-1,258.46
graham net net	-0.73	-0.5	-46.77
working capital	-1187361	-327786	-262.24
tangible asset value	-405280	1041304	-138.92
net current asset value	-1425696	-1026347	-38.91
invested capital	-609182	1457098	-141.81
average receivables	5745639.5	19362521	-70.33
average payables	6298223	17965718.5	-64.94
average inventory	97638.5	4924057.5	-98.02
days sales outstanding	26.65	39.82	-33.08
days payables outstanding	267.6	228.18	17.28
days of inventory on hand	0	5.45	-100.00
receivables turnover	13.7	9.17	49.43
payables turnover	1.36	1.6	-14.73
inventory turnover	0	66.94	-100.00
roe	6.66	0.46	1,362.83
capex per share	0.01	0.0	5,508.77

• Positive

  ROE: Return on Equity (ROE) increased to 6.66 on 2023-12-31 from 0.46 on 2022-12-31, representing a change of 1362.83%. Suggesting the company has been generating high returns for its shareholders.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to -1.81 on 2023-12-31 from 2.31 on 2022-12-31, representing a change of -178.31%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -0.23 on 2023-12-31 from 2.40 on 2022-12-31, representing a change of -109.55%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 0.87 on 2023-12-31 from 0.98 on 2022-12-31, representing a change of -11.10%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Quarterly Financial Ratios

	2023-09-30 Q3	2023-06-30 Q2	Q/Q change %
CTKYY
calendar year	2023	2023	NaN
revenue per share	0	0	NaN
net income per share	0	0	NaN
operating cash flow per share	0	0	NaN
free cash flow per share	0	0	NaN
cash per share	0	0	NaN
book value per share	0	0	NaN
tangible book value per share	0	0	NaN
shareholders equity per share	0	0	NaN
interest debt per share	0	0	NaN
market cap	1442723.14	1421687.96	1.48
enterprise value	1442723.14	1421687.96	1.48
pe ratio	0	0	NaN
price to sales ratio	0	0	NaN
pocfratio	0	0	NaN
pfcf ratio	0	0	NaN
pb ratio	0	0	NaN
ptb ratio	0	0	NaN
ev to sales	0	0	NaN
enterprise value over ebitda	0	0	NaN
ev to operating cash flow	0	0	NaN
ev to free cash flow	0	0	NaN
earnings yield	0	0	NaN
free cash flow yield	0	0	NaN
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	0	0	NaN
current ratio	0	0	NaN
interest coverage	0	0	NaN
income quality	0	0	NaN
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	0	0	NaN
roic	0	0	NaN
return on tangible assets	0	0	NaN
graham net net	0	0	NaN
working capital	0	0	NaN
tangible asset value	0	0	NaN
net current asset value	0	0	NaN
invested capital	0	0	NaN
average receivables	0	0	NaN
average payables	0	0	NaN
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	0	0	NaN
capex per share	0	0	NaN

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None