Cang Bao Tian Xia International Art Trade Center, Inc.

Cang Bao Tian Xia International Art Trade Center, Inc.

TXCB
Cang Bao Tian Xia International Art Trade Center, Inc.US flagOther OTC
2.00
USD
- -
- -
220.64MMarket Cap
2004 Y
2005 Y
2006 Y
2007 Y
2008 Y
2009 Y
2010 Y
2018 Y
2019 Y
2020 Y
2021 Y
TTM
Revenue per Share
- -
- -
- -
10.04
14.2
20.99
47.74
- -
- -
0.06
0.01
- -
Basic EPS, GAAP
-3.74
-14.58
-11.13
-29.17
-8.37
-4.83
4.66
-12.37
- -
-0.02
-0.08
-0.13
Free Cash Flow per Basic Share
- -
-2.27
-12.11
-27.19
-15.21
5.91
2.11
-0.04
- -
- -
-0.02
-0.06
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-32.37
-6.17
-49.91
-28.68
-30.48
-35.34
-31.36
-63.2
-0.58
-0.23
-0.3
-0.39
Tangible Book Value per Share
-30.32
-4.14
-12.78
69.97
42.65
38.08
32.45
-0.07
- -
-0.04
-0.12
-0.21
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
35
110
110
108
Sales/Revenue/Turnover
- -
- -
- -
2
3
5
11
- -
- -
7
1
- -
Operating Margin (%)
- -
- -
- -
-72.85
-19.7
-19.57
12.17
- -
- -
-26.43
-622.07
-478,565.56
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
-5
-2
-1
1
-4
- -
-2
-8
-14
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
16.52
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
-290.52
-58.94
-22.99
9.76
- -
- -
-27.4
-647.89
-490,819.88
Working Capital
- -
- -
- -
12
7
6
4
- -
- -
-5
-17
-26
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
3
Total Equity
- -
- -
- -
13
13
12
11
- -
- -
-4
-13
-22
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
8.09
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
-19.33
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'21
Sep'22
Dec'22
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
5
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
110
110
110
Market Capitalization
324
324
459

Working Capital

FRC

in mil. unless spec.
Jun'21
Sep'22
Dec'22
Total Current Assets
12
11
11
Cash, Cash Equivalents & STI
1
1
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
29
33
37
Payables & Accruals
8
8
10
ST Debt
3
3
3
Deferred Revenue
17
22
24

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
509.88%
3,324.5%
206.95%
Free Cash Flow
- -
5,257.08%
26,258.93%
Net Income, GAAP
940.51%
694.92%
330.87%
Sales/Revenue/Turnover
- -
- -
-81.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
1
1
- -
- -
7
2021
- -
- -
-1
1
1
2022
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
-0.03
-0.03
0.04
- -
-0.02
2021
-0.01
-0.02
-0.02
- -
-0.08
2022
-0.04
-0.03
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
- -
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Xingtao Zhou
Full Time Employees
33
Sector
Consumer Cyclical
Industry
Auto - Parts
Address
Shengda Plaza Haikou People's Republic of China 570203
IPO Date
Nov 8, 2004
Website
txcb.com
Business
Cang Bao Tian Xia International Art Trade Center, Inc. functions as a cultural services provider within China. It delivers a comprehensive environment for engaging in art investment and facilitates virtual art exchanges and transactions, enabling collectors, artists, dealers, and owners to access the broader art market. The company additionally maintains an online portal where patrons can acquire, divest, safeguard, and capitalize on various artistic creations, predominantly featuring historical artifacts and contemporary artworks. The entity, originally known as Zhongchai Machinery, Inc., adopted its current name in January 2019, signifying a strategic pivot from its prior focus on manufacturing and distributing gears and drive axles. In July 2020, it further expanded its operations through the acquisition of Hainan Cangbao Tianxia Cultural Relic Co., Ltd and Cangbao Tianxia (Shanghai) Cultural Relic Co., Ltd. However, as of February 2024, the U.S. Securities and Exchange Commission initiated proceedings against the company, noting it as a defaulted Nevada corporation, and its shares have since been delisted. The organization was established in 1997 and maintains its operational base in Haikou, China.