CIIT
CIIT
Tianci International, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $3.82M ▲ | $653.06K ▼ | $-268.1K ▲ | -7.02% ▲ | $-0.02 ▲ | $-253.93K ▲ |
| Q4-2025 | $2.27M ▲ | $1.6M ▲ | $-1.49M ▼ | -65.35% ▼ | $-0.09 ▼ | $-1.52M ▼ |
| Q3-2025 | $1.95M ▼ | $1.02M ▲ | $-948K ▼ | -48.67% ▼ | $-0.06 ▼ | $-966K ▼ |
| Q2-2025 | $2.08M ▼ | $186.25K ▼ | $-113K ▼ | -5.44% ▼ | $-0.01 ▼ | $-106K ▲ |
| Q1-2025 | $2.98M | $345.58K | $-93.06K | -3.12% | $-0.01 | $-117K |
What's going well?
Revenue jumped 68% and gross margins improved, showing strong sales momentum. Operating expenses dropped sharply, and net losses shrank by over $1.2 million. The company is moving in the right direction toward break-even.
What's concerning?
The business is still losing money and has low gross margins, making profitability a challenge. No spending on R&D could hurt future growth, and overhead remains high compared to sales.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $1.68M ▼ | $3.16M ▲ | $437.33K ▲ | $2.72M ▼ |
| Q4-2025 | $2.41M ▼ | $3.15M ▼ | $159.05K ▲ | $2.98M ▼ |
| Q3-2025 | $3.63M ▲ | $4.52M ▲ | $13.9K ▼ | $4.47M ▲ |
| Q2-2025 | $180.55K ▼ | $776.76K ▼ | $189.67K ▼ | $535.42K ▼ |
| Q1-2025 | $323.79K | $895.97K | $197.91K | $648.77K |
What's financially strong about this company?
The company has much more cash than debt, and can easily pay its bills. Most assets are high quality and liquid, with no risky goodwill or intangibles.
What are the financial risks or weaknesses?
Cash is falling quickly, inventory and receivables are rising fast, and equity is shrinking. The company has a history of losses, shown by negative retained earnings.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-268.87K ▲ | $-727.4K ▲ | $0 | $0 ▼ | $-727.4K ▲ | $-727.4K ▲ |
| Q4-2025 | $-1.52M ▼ | $-1.23M ▲ | $0 | $62 ▼ | $-1.23M ▼ | $-1.23M ▲ |
| Q3-2025 | $-959K ▼ | $-1.84M ▼ | $0 | $5.29M ▲ | $3.45M ▲ | $-1.84M ▼ |
| Q2-2025 | $-111K ▼ | $-143K ▼ | $0 | $0 ▲ | $-143K ▼ | $-143K ▼ |
| Q1-2025 | $-91.95K | $-15.21K | $0 | $-74.13K | $-89.34K | $-15.21K |
What's strong about this company's cash flow?
Cash burn improved sharply this quarter, and net losses are much smaller. No new debt was taken on, so the balance sheet remains clean.
What are the cash flow concerns?
The company is still burning real cash, with only about two quarters of runway left at this pace. Working capital is draining cash, and without new funding, the business could run out of money soon.
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Global Logistics Services | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Other Revenue | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
HONG KONG | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
JAPAN | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
VIET NAM | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
5-Year Trend Analysis
A comprehensive look at Tianci International, Inc.'s financial evolution and strategic trajectory over the past five years.
CIIT’s key strengths include rapid revenue growth from a very low base, a significantly strengthened balance sheet with ample cash and low debt, and an asset-light model that provides flexibility. The company has a clear, if ambitious, new strategic direction centered on integrating logistics with mineral trading and potentially blockchain-enabled services. Its strong liquidity gives it time to experiment and adjust as it refines its operating model.
Major risks include a sharp recent deterioration in profitability, heavy ongoing operating losses, and highly volatile cash flows from operations. The new business lines in minerals and crypto-related activities introduce exposure to commodity cycles, regulatory shifts, and technology and market volatility. Persistent negative retained earnings reflect a history of cumulative losses, and continued reliance on external capital could become problematic if market conditions or investor sentiment turn less favorable.
The outlook for CIIT is that of a high-uncertainty transformation story. The company has bought itself runway through capital raises and now needs to prove that its pivot can produce sustainable, positive margins and reliable cash generation. Future financial results are likely to remain uneven as it scales new ventures and works to bring expenses under control. Long-term outcomes will hinge on execution quality, the resilience of demand for its mineral and logistics offerings, and the practical value it can extract from blockchain and crypto initiatives.
About Tianci International, Inc.
https://www.tianci-ciit.comTianci International, Inc. does not have significant operations. The company intends to identify and merge with an operating company. Previously, it was engaged in the development of computer games. The company is based in Shenzhen, the People's Republic of China. Tianci International, Inc. is a subsidiary of Silver Glory Group Limited.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $3.82M ▲ | $653.06K ▼ | $-268.1K ▲ | -7.02% ▲ | $-0.02 ▲ | $-253.93K ▲ |
| Q4-2025 | $2.27M ▲ | $1.6M ▲ | $-1.49M ▼ | -65.35% ▼ | $-0.09 ▼ | $-1.52M ▼ |
| Q3-2025 | $1.95M ▼ | $1.02M ▲ | $-948K ▼ | -48.67% ▼ | $-0.06 ▼ | $-966K ▼ |
| Q2-2025 | $2.08M ▼ | $186.25K ▼ | $-113K ▼ | -5.44% ▼ | $-0.01 ▼ | $-106K ▲ |
| Q1-2025 | $2.98M | $345.58K | $-93.06K | -3.12% | $-0.01 | $-117K |
What's going well?
Revenue jumped 68% and gross margins improved, showing strong sales momentum. Operating expenses dropped sharply, and net losses shrank by over $1.2 million. The company is moving in the right direction toward break-even.
What's concerning?
The business is still losing money and has low gross margins, making profitability a challenge. No spending on R&D could hurt future growth, and overhead remains high compared to sales.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $1.68M ▼ | $3.16M ▲ | $437.33K ▲ | $2.72M ▼ |
| Q4-2025 | $2.41M ▼ | $3.15M ▼ | $159.05K ▲ | $2.98M ▼ |
| Q3-2025 | $3.63M ▲ | $4.52M ▲ | $13.9K ▼ | $4.47M ▲ |
| Q2-2025 | $180.55K ▼ | $776.76K ▼ | $189.67K ▼ | $535.42K ▼ |
| Q1-2025 | $323.79K | $895.97K | $197.91K | $648.77K |
What's financially strong about this company?
The company has much more cash than debt, and can easily pay its bills. Most assets are high quality and liquid, with no risky goodwill or intangibles.
What are the financial risks or weaknesses?
Cash is falling quickly, inventory and receivables are rising fast, and equity is shrinking. The company has a history of losses, shown by negative retained earnings.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-268.87K ▲ | $-727.4K ▲ | $0 | $0 ▼ | $-727.4K ▲ | $-727.4K ▲ |
| Q4-2025 | $-1.52M ▼ | $-1.23M ▲ | $0 | $62 ▼ | $-1.23M ▼ | $-1.23M ▲ |
| Q3-2025 | $-959K ▼ | $-1.84M ▼ | $0 | $5.29M ▲ | $3.45M ▲ | $-1.84M ▼ |
| Q2-2025 | $-111K ▼ | $-143K ▼ | $0 | $0 ▲ | $-143K ▼ | $-143K ▼ |
| Q1-2025 | $-91.95K | $-15.21K | $0 | $-74.13K | $-89.34K | $-15.21K |
What's strong about this company's cash flow?
Cash burn improved sharply this quarter, and net losses are much smaller. No new debt was taken on, so the balance sheet remains clean.
What are the cash flow concerns?
The company is still burning real cash, with only about two quarters of runway left at this pace. Working capital is draining cash, and without new funding, the business could run out of money soon.
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Global Logistics Services | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Other Revenue | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
HONG KONG | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
JAPAN | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
VIET NAM | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
5-Year Trend Analysis
A comprehensive look at Tianci International, Inc.'s financial evolution and strategic trajectory over the past five years.
CIIT’s key strengths include rapid revenue growth from a very low base, a significantly strengthened balance sheet with ample cash and low debt, and an asset-light model that provides flexibility. The company has a clear, if ambitious, new strategic direction centered on integrating logistics with mineral trading and potentially blockchain-enabled services. Its strong liquidity gives it time to experiment and adjust as it refines its operating model.
Major risks include a sharp recent deterioration in profitability, heavy ongoing operating losses, and highly volatile cash flows from operations. The new business lines in minerals and crypto-related activities introduce exposure to commodity cycles, regulatory shifts, and technology and market volatility. Persistent negative retained earnings reflect a history of cumulative losses, and continued reliance on external capital could become problematic if market conditions or investor sentiment turn less favorable.
The outlook for CIIT is that of a high-uncertainty transformation story. The company has bought itself runway through capital raises and now needs to prove that its pivot can produce sustainable, positive margins and reliable cash generation. Future financial results are likely to remain uneven as it scales new ventures and works to bring expenses under control. Long-term outcomes will hinge on execution quality, the resilience of demand for its mineral and logistics offerings, and the practical value it can extract from blockchain and crypto initiatives.

CEO
Shufang Gao
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2017-04-06 | Reverse | 1:40 |
| 2015-07-21 | Reverse | 2:5 |
Ratings Snapshot
Rating : C+

