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CTNT

Cheetah Net Supply Chain Service Inc.

CTNT

Cheetah Net Supply Chain Service Inc. • NASDAQ
$1.46 ▲ 2.46% (+0.04)
Market Cap $4.76 M
52w High $8.50
52w Low $1.12
Dividend Yield 0%
P/E -1
Volume 41.66K
Outstanding Shares 3.27M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $361.935K ▲ $1.609M ▲ $-1.315M ▼ -363.228% ▼ $-0.41 ▼ $-1.269M ▼
Q2-2025 $354.126K ▼ $815.749K ▼ $-512.528K ▲ -144.73% ▲ $-0.16 ▲ $-371.381K ▲
Q1-2025 $479.799K ▲ $1.017M ▲ $-753.909K ▲ -157.13% ▼ $-0.39 ▲ $-622.059K ▼
Q4-2024 $-1.407M ▼ $-290.971K ▼ $-2.152M ▼ 152.927% ▲ $-1.1 ▼ $690.322K ▲
Q3-2024 $61.208K $2.479M $-1.815M -2.966K% $-1.06 $-2.232M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $153.692K ▼ $12.796M ▼ $2.657M ▲ $10.139M ▼
Q2-2025 $185.186K ▼ $13.895M ▼ $2.518M ▼ $11.378M ▼
Q1-2025 $324.142K ▼ $14.508M ▼ $2.628M ▼ $11.88M ▼
Q4-2024 $1.651M ▼ $15.379M ▼ $2.762M ▼ $12.618M ▼
Q3-2024 $5.287M $16.828M $2.874M $13.954M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.315M ▼ $-599.885K ▼ $446.334K ▲ $122.057K ▲ $-31.494K ▲ $-599.885K ▼
Q2-2025 $-512.528K ▲ $-434.458K ▼ $365.25K ▲ $-69.755K ▼ $-138.956K ▲ $-434.46K ▼
Q1-2025 $-753.909K ▼ $1.768M ▲ $-3.026M ▲ $-68.539K ▲ $-1.327M ▲ $1.768M ▲
Q4-2024 $-173.147K ▲ $-359.306K ▼ $-3.16M ▼ $-117.088K ▼ $-3.636M ▼ $-359.306K ▼
Q3-2024 $-1.815M $-226.454K $-2.058M $1.279M $-1.006M $-226.454K

Five-Year Company Overview

Income Statement

Income Statement The income statement shows a tiny, early‑stage business that has not yet found steady revenue or profits. Sales are very small and do not appear to be generating meaningful gross profit. The company recently moved from roughly break‑even to a modest loss, reflecting the costs of its strategic shift and public listing. Earnings per share have swung sharply, driven more by the company’s very small size and share changes than by underlying business strength.

Balance Sheet

Balance Sheet The balance sheet is very light, with only a small base of assets and equity. Debt is minimal, which reduces financial pressure from lenders, but cash also looks limited, leaving a thin cushion to absorb ongoing losses or fund growth. With so little capital behind it, the company appears financially fragile and sensitive to setbacks. The recent reverse split also hints at prior share‑price pressure and the need to maintain market listing standards.

Cash Flow

Cash Flow Cash generation from the core business has been weak and inconsistent, which is common for a young company in transition. There was a brief period of positive operating and free cash flow, but it has not translated into a clear, repeatable cash‑earning model. Capital spending is very low, suggesting an asset‑light approach but also limited investment in physical infrastructure. Overall, the business does not yet look self‑funding and likely depends on external capital to support operations and growth plans.

Competitive Edge

Competitive Edge Cheetah Net is trying to carve out a niche in a huge, fragmented logistics and trade services market by focusing on small businesses trading between the U.S. and China/Hong Kong. Its pitch is convenience: one provider for warehousing, logistics, cross‑border trading help, and supply‑chain finance. This focus on small clients, plus cross‑border know‑how, could differentiate it from large logistics firms that mainly chase bigger accounts. However, the company’s very small scale, limited track record in the new model, and intense competition from established logistics and financial players mean its competitive moat is still unproven.

Innovation and R&D

Innovation and R&D Innovation here is more about business model than visible heavy technology spending. The company is building a “one‑stop” platform that combines logistics, warehousing, and tailored financing, which is still relatively uncommon for small‑business‑focused providers. The acquisition of a labor and logistics service firm is meant to deepen operational capabilities, but successful integration remains to be seen. Future value will likely depend on whether Cheetah Net can develop a robust proprietary platform, expand its financial offerings, and turn these ideas into scalable, repeatable services rather than one‑off solutions.

Summary

Cheetah Net is a very small, newly listed company in the midst of a strategic pivot from auto‑related activities to broader supply chain services for small importers and exporters. Financially, it remains loss‑making, thinly capitalized, and not yet consistently generating cash, which points to meaningful execution and funding risk. Strategically, the integrated logistics‑plus‑finance vision in a focused cross‑border niche is interesting but still early, with its competitive edge and technology platform not yet fully proven. The key questions going forward are whether the company can scale revenue, reach sustainable profitability, strengthen its balance sheet, and build a genuine moat in a crowded logistics and trade‑finance landscape.

NEWS

November 7, 2025 · 4:10 PM UTC

Cheetah Net Supply Chain Service Inc. Announces Third Quarter 2025 Results

Read more