Cheetah Net Supply Chain Service (CTNT)


Market Price (7/26/2026): $1.73 | Market Cap: $0.2 MilSector: Industrials | Industry: Air Freight & Logistics

Cheetah Net Supply Chain Service (CTNT)


Market Price (7/26/2026): $1.73
Market Cap: $0.2 Mil
Sector: Industrials
Industry: Air Freight & Logistics

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -93%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, E-commerce & DTC Adoption, and Future of Freight. Themes include Last-Mile Delivery, Show more.

Weak multi-year price returns
2Y Excs Rtn is -135%, 3Y Excs Rtn is -162%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -405%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 407%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.0%, Rev Chg QQuarterly Revenue Change % is -81%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 43%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -469%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -469%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -1497%

High stock price volatility
Vol 12M is 147%

Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 139%

Key risks
CTNT key risks include [1] the discontinuation of its core business and a challenging pivot to a new, Show more.

0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -93%
1 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, E-commerce & DTC Adoption, and Future of Freight. Themes include Last-Mile Delivery, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -135%, 3Y Excs Rtn is -162%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -405%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 407%
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.0%, Rev Chg QQuarterly Revenue Change % is -81%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 43%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -469%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -469%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -1497%
9 High stock price volatility
Vol 12M is 147%
10 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 139%
11 Key risks
CTNT key risks include [1] the discontinuation of its core business and a challenging pivot to a new, Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/1/2026

Cheetah Net Supply Chain Service (CTNT) stock has lost about 100% since 3/31/2026 because of the following key factors:

1. Massive Stock Dilution via At-The-Market Offering.

Cheetah Net Supply Chain Service Inc. executed a Sales Agreement on March 31, 2026, under which it sold 355,000,000 Class A shares through at-the-market (ATM) transactions prior to its reverse stock split. Following the 1-for-200 reverse split, an additional 1,000,000 post-split shares were sold through the ATM program from April 29, 2026, through June 18, 2026. This substantial issuance of new equity significantly diluted existing shareholders, exerting considerable downward pressure on the stock price. The ATM agreement, which allowed for the sale of up to $100 million of Class A common stock, was terminated on June 26, 2026.

2. 1-for-200 Reverse Stock Split.

Effective April 20, 2026, and trading on a split-adjusted basis from April 29, 2026, Cheetah Net implemented a 1-for-200 reverse stock split. This action was primarily undertaken to increase the per-share price and maintain compliance with Nasdaq's minimum $1.00 bid price requirement, thereby avoiding delisting. While a reverse split technically does not alter a company's overall market capitalization, it often signals underlying financial instability and can contribute to further share price depreciation if fundamental business challenges are not addressed.

Show more
Updated on 7/1/2026

Cheetah Net Supply Chain Service (CTNT) stock has lost about 100% since 3/31/2026 because of the following key factors:

1. Massive Stock Dilution via At-The-Market Offering.

Cheetah Net Supply Chain Service Inc. executed a Sales Agreement on March 31, 2026, under which it sold 355,000,000 Class A shares through at-the-market (ATM) transactions prior to its reverse stock split. Following the 1-for-200 reverse split, an additional 1,000,000 post-split shares were sold through the ATM program from April 29, 2026, through June 18, 2026. This substantial issuance of new equity significantly diluted existing shareholders, exerting considerable downward pressure on the stock price. The ATM agreement, which allowed for the sale of up to $100 million of Class A common stock, was terminated on June 26, 2026.

2. 1-for-200 Reverse Stock Split.

Effective April 20, 2026, and trading on a split-adjusted basis from April 29, 2026, Cheetah Net implemented a 1-for-200 reverse stock split. This action was primarily undertaken to increase the per-share price and maintain compliance with Nasdaq's minimum $1.00 bid price requirement, thereby avoiding delisting. While a reverse split technically does not alter a company's overall market capitalization, it often signals underlying financial instability and can contribute to further share price depreciation if fundamental business challenges are not addressed.

3. Deteriorating Financial Performance and Going Concern Warning.

For fiscal Q1 2026, results reported on May 14, 2026, showed a severe decline in Cheetah Net's core business, with logistics and warehousing revenue plummeting by 80.7% year-over-year to just $92,700. The company reported a net operating loss of approximately $0.6 million and utilized about $2.5 million in net cash from operating activities. Critically, management explicitly disclosed "substantial doubts about its ability to continue as a going concern," highlighting significant financial distress and raising investor concerns about the company's long-term viability.

4. High-Risk Acquisition Amidst Financial Weakness.

On April 16, 2026, Cheetah Net announced an agreement to acquire Super International Trading Limited for approximately $4.98 million in cash. This acquisition, intended to expand into industrial equipment trading and cross-border logistics, was valued at nearly ten times CTNT's market capitalization of $524,548 at the time. Given Cheetah Net's precarious financial position, including deeply negative margins (gross margin -44.2%, operating margin -355.1%, net margin -283.2% for fiscal year 2025), this substantial acquisition presented a high-risk proposition for investors.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The -99.4% change in CTNT stock from 3/31/2026 to 7/25/2026 was primarily driven by a -93.4% change in the company's P/S Multiple.
(LTM values as of)33120267252026Change
Stock Price ($)298.001.73-99.4%
Change Contribution By: 
Total Revenues ($ Mil)11-30.0%
P/S Multiple3.90.3-93.4%
Shares Outstanding (Mil)00-87.5%
Cumulative Contribution-99.4%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/25/2026
ReturnCorrelation
CTNT-99.4% 
Market (SPY)13.6%1.0%
Sector (XLI)12.9%6.4%

Fundamental Drivers

The -99.3% change in CTNT stock from 12/31/2025 to 7/25/2026 was primarily driven by a -90.2% change in the company's P/S Multiple.
(LTM values as of)123120257252026Change
Stock Price ($)236.001.73-99.3%
Change Contribution By: 
Total Revenues ($ Mil)11-36.5%
P/S Multiple2.70.3-90.2%
Shares Outstanding (Mil)00-88.2%
Cumulative Contribution-99.3%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/25/2026
ReturnCorrelation
CTNT-99.3% 
Market (SPY)8.7%1.9%
Sector (XLI)18.1%9.8%

Fundamental Drivers

The -99.3% change in CTNT stock from 6/30/2025 to 7/25/2026 was primarily driven by a -94.7% change in the company's P/S Multiple.
(LTM values as of)63020257252026Change
Stock Price ($)264.001.73-99.3%
Change Contribution By: 
Total Revenues ($ Mil)115.0%
P/S Multiple4.90.3-94.7%
Shares Outstanding (Mil)00-88.2%
Cumulative Contribution-99.3%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/25/2026
ReturnCorrelation
CTNT-99.3% 
Market (SPY)20.6%7.3%
Sector (XLI)25.1%11.8%

Fundamental Drivers

null
null

Market Drivers

6/30/2023 to 7/25/2026
ReturnCorrelation
CTNT  
Market (SPY)72.6%5.7%
Sector (XLI)77.3%4.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CTNT Return---81%-85%-61%-99%-100%
Peers Return23%-22%19%2%16%29%73%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
CTNT Win Rate--20%25%33%14% 
Peers Win Rate55%47%60%50%68%69% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
CTNT Max Drawdown----99%-62%-100% 
Peers Max Drawdown-20%-35%-22%-21%-26%-17% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: RLGT, UPS, FDX, CHRW, EXPD.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/24/2026 (YTD)

How Low Can It Go

EventCTNTS&P 500
2025 US Tariff Shock
  % Loss-37.2%-18.8%
  % Gain to Breakeven59.2%23.1%
  Time to Breakeven328 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-86.5%-9.5%
  % Gain to Breakeven639.5%10.5%
  Time to Breakeven196 days24 days

Compare to RLGT, UPS, FDX, CHRW, EXPD

In The Past

Cheetah Net Supply Chain Service's stock fell -37.2% during the 2025 US Tariff Shock. Such a loss loss requires a 59.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCTNTS&P 500
2025 US Tariff Shock
  % Loss-37.2%-18.8%
  % Gain to Breakeven59.2%23.1%
  Time to Breakeven328 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-86.5%-9.5%
  % Gain to Breakeven639.5%10.5%
  Time to Breakeven196 days24 days

Compare to RLGT, UPS, FDX, CHRW, EXPD

In The Past

Cheetah Net Supply Chain Service's stock fell -37.2% during the 2025 US Tariff Shock. Such a loss loss requires a 59.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Cheetah Net Supply Chain Service (CTNT)

Cheetah Net Supply Chain Service (CTNT) is a supplier of luxury "parallel-import vehicles," which are automobiles purchased from U.S. dealerships and then imported and sold in China through channels independent of the manufacturers' official distribution networks. The company primarily sources high-demand luxury brands such as Mercedes, BMW, Porsche, Lexus, and Bentley. CTNT's business model is centered on generating profit from the price difference between its acquisition cost in the U.S. and its selling price to dealers, catering primarily to the growing demand for such vehicles from affluent consumers in China.

The company's core competitive advantage lies in its robust and extensive procurement network, which comprises hundreds of independent purchasing agents operating across the U.S. This standardized system for recruiting, training, and managing agents enables CTNT to reliably identify and acquire a consistent supply of desired vehicles. CTNT serves both U.S. and, more significantly, Chinese parallel-import car dealers. While navigating potential restrictions from manufacturers, the company benefits from supportive PRC government policies that facilitate the parallel import market, positioning it as a dependable source for these specialized vehicle transactions.

AI Analysis | Feedback

Here are 1-3 brief analogies for Cheetah Net Supply Chain Service:

  • Like a specialized B2B Carvana, but they source luxury cars from the U.S. and sell them to dealers in China, profiting from market price differences.
  • They operate like an 'Uber for luxury car shoppers,' using a large network of independent agents to procure specific vehicles from U.S. dealers for resale to Chinese dealers.

AI Analysis | Feedback

  • Parallel-Import Vehicles: The company procures luxury automobiles from the U.S. market and resells them to parallel-import car dealers in both the U.S. and China.

AI Analysis | Feedback

Cheetah Net Supply Chain Service (CTNT) sells primarily to other companies.

The company's major customers are:

  • U.S. parallel-import car dealers
  • PRC (People's Republic of China) parallel-import car dealers

The provided background information does not list the specific names of these customer companies, nor does it indicate if any are public companies.

AI Analysis | Feedback

null

AI Analysis | Feedback

Huan Liu, Chief Executive Officer and Chairman of the Board

Mr. Liu has served as CEO and Chairman of the Board of Directors since August 2016, and is the founder of Cheetah Net Supply Chain Service Inc.. He possesses extensive experience in real estate, private equity, and car imports and exports. He is responsible for the company's day-to-day operations, high-level strategizing, and business planning. From August 30, 2024, until February 18, 2025, Mr. Liu also served as the interim Chief Financial Officer.

Cindy Tang, Chief Financial Officer

Ms. Tang was appointed as the Chief Financial Officer of Cheetah Net Supply Chain Service Inc. on February 18, 2025. Prior to this, she served as the company's Director of Finance since May 2024. From July 2023 to May 2024, Ms. Tang held the position of Interim Chief Financial Officer at Elong Power Holdings Limited, a battery products manufacturer.

Xianggeng Huang, Director

Mr. Huang previously served as the chairman of the board of directors of Fuzhou Yisheng Mechanical and Electrical Equipment Co., Ltd. for 20 years. In that role, he was responsible for running the board, consulting executives on company issues, challenges, and opportunities, and high-level strategizing and business planning.

Huibo Deng, Independent Director

Mr. Deng has been a visiting professor at the Chinese Academy of Management Sciences since September 2021, where he teaches various management and finance courses. He has held various corporate management roles since 2017 and has experience in business consulting, relationship management, and finance management. Mr. Deng was elected as a director and the new chair of the audit committee, effective July 2, 2024.

Catherine Chen, Independent Director

Ms. Chen previously served as an investment director at Xiamen Chenshen Investment Co., Ltd., where she was responsible for the development and execution of financial investment strategies. Before that, she was a marketing manager at Xiamen Jieou Automotive Electronics Co., Ltd., focusing on brand promotion.

AI Analysis | Feedback

Key Business Risks for Cheetah Net Supply Chain Service (CTNT)

Cheetah Net Supply Chain Service (CTNT) faces several key risks inherent to its business model of supplying parallel-import vehicles from the U.S. to the PRC market:

  1. Manufacturer Restrictions on Parallel Imports: Manufacturers and their distributors actively take measures to limit or reduce opportunities for parallel-import vehicle dealers. These measures include adding provisions in sales agreements that restrict the export of purchased automobiles and maintaining "Suspect Customer Databases" to monitor and limit sales to customers suspected of purchasing vehicles for export. This directly threatens CTNT's ability to procure luxury vehicles from the U.S. market.
  2. High Turnover and Reliance on Purchasing Agents: The company's core business relies on a large network of independent contractors acting as purchasing agents to procure automobiles. A high turnover rate among these part-time, commission-based agents is explicitly identified as a particular challenge, as agents may quit without notice. Maintaining a sufficient number of professional purchasing agents is crucial for ensuring a steady supply of vehicles and meeting purchasing demand.
  3. Customer Concentration: Cheetah Net Supply Chain Service has experienced significant fluctuations and, at times, a highly concentrated customer base. As of March 31, 2023, the company had only three active customers (one U.S. customer and two PRC customers). Such high customer concentration poses a significant risk, as the loss of even a single major customer could materially and adversely affect the company's sales and financial performance.

AI Analysis | Feedback

null

AI Analysis | Feedback

Cheetah Net Supply Chain Service (CTNT) primarily focuses on supplying parallel-import luxury vehicles to the Chinese market. Therefore, the addressable market for their main products and services is the luxury car market in China. The China luxury car market was valued at approximately USD 195 billion in 2024. Other estimates indicate the market generated a revenue of USD 97,711.4 million (approximately USD 97.71 billion) in 2024. Looking ahead, the China luxury car market is projected to continue its growth. It is expected to grow from USD 125.32 billion in 2025 to USD 131.44 billion in 2026, reaching an estimated USD 166.86 billion by 2031, at a compound annual growth rate (CAGR) of 4.88% from 2026-2031. Another projection estimates the market to reach USD 351.0 billion by 2033, demonstrating a CAGR of 6.70% from 2025-2033. Similarly, the market is forecasted to grow from US$ 207.19 billion in 2025 to US$ 355.46 billion by 2033, with a CAGR of 6.98%. Furthermore, the market is expected to reach USD 156,206.6 million by 2030, growing at a CAGR of 8.2% from 2025 to 2030.

AI Analysis | Feedback

Cheetah Net Supply Chain Service (CTNT) is undergoing a significant business transformation, shifting its primary focus from parallel-import vehicle sales to logistics and warehousing services. The expected drivers of future revenue growth over the next 2-3 years are centered on this new operational direction. Here are 3-5 expected drivers of future revenue growth for Cheetah Net Supply Chain Service: * **Growth in Logistics and Warehousing Services:** The company has strategically pivoted to providing logistics and warehousing services, demonstrating substantial year-over-year revenue increases in this segment, such as a 491.3% increase in Q3 2025. Continued expansion and increased market penetration in this new core business are expected to drive future revenue. * **Strategic Acquisitions and Integration:** Cheetah Net Supply Chain Service has actively pursued acquisitions, including Edward Transit Express Group and TW & EW Services, which have already contributed to its logistics revenue. Further strategic acquisitions of complementary logistics and warehousing businesses could accelerate revenue growth by expanding service offerings and market reach. * **Leveraging International Trade between U.S. and PRC:** The company's new logistics and warehousing model specifically targets international trade between the U.S. and the PRC. As the company strengthens its position in this corridor, increased trade volumes and CTNT's enhanced ability to facilitate these operations will contribute to revenue growth. * **Deployment of Capital for Growth Initiatives:** Cheetah Net Supply Chain Service has raised capital through public offerings and a recent private placement, which is intended to bolster its capital base and enhance financial flexibility for supply chain operations and growth initiatives. Strategic deployment of this capital into expanding its logistics infrastructure, technology, or services is expected to drive future revenue. * **Favorable Market Conditions in Logistics and Warehousing:** While past performance in its previous business was challenging, potential external factors such as a thaw in global supply chains, advancements in AI logistics, or supportive economic stimulus from China could provide tailwinds for the company's new logistics and warehousing segment in the coming years.

AI Analysis | Feedback

null

Better Bets vs. Cheetah Net Supply Chain Service (CTNT)

Latest Trefis Analyses

Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CTNTRLGTUPSFDXCHRWEXPDMedian
NameCheetah .Radiant .United P.FedEx C.H. Rob.Expedito. 
Mkt Price1.738.88114.79314.96186.50175.30145.05
Mkt Cap0.00.497.675.622.323.422.9
Rev LTM189488,31794,72016,19911,18613,692
Op Inc LTM-4167,4686,6237941,082938
FCF LTM-4284,5165,116807921864
FCF 3Y Avg-0205,1683,744584804694
CFO LTM-4338,3568,925877973925
CFO 3Y Avg-0269,5598,091657849753

Growth & Margins

CTNTRLGTUPSFDXCHRWEXPDMedian
NameCheetah .Radiant .United P.FedEx C.H. Rob.Expedito. 
Rev Chg LTM5.0%0.6%-2.9%7.7%-6.7%1.1%0.9%
Rev Chg 3Y Avg-2.0%-8.4%-3.6%1.8%-9.9%-5.1%-4.4%
Rev Chg Q-80.7%0.1%-1.6%12.5%-0.8%4.4%-0.4%
QoQ Delta Rev Chg LTM-30.0%0.0%-0.4%3.0%-0.2%1.1%-0.1%
Op Inc Chg LTM7.8%-18.9%-12.4%9.8%10.4%-1.0%3.4%
Op Inc Chg 3Y Avg-66.6%19.5%-14.1%7.9%1.5%-7.7%-3.1%
Op Mgn LTM-404.8%1.8%8.5%7.0%4.9%9.7%5.9%
Op Mgn 3Y Avg-1.6%9.0%7.0%3.9%9.8%7.0%
QoQ Delta Op Mgn LTM-106.4%-0.1%-0.4%-0.1%0.0%0.2%-0.1%
CFO/Rev LTM-469.0%3.6%9.5%9.4%5.4%8.7%7.1%
CFO/Rev 3Y Avg-3.0%10.7%9.0%3.9%8.2%8.2%
FCF/Rev LTM-469.0%3.2%5.1%5.4%5.0%8.2%5.0%
FCF/Rev 3Y Avg-2.3%5.8%4.1%3.5%7.8%4.1%

Valuation

CTNTRLGTUPSFDXCHRWEXPDMedian
NameCheetah .Radiant .United P.FedEx C.H. Rob.Expedito. 
Mkt Cap0.00.497.675.622.323.422.9
P/S0.30.51.10.81.42.11.0
P/Op Inc-0.125.913.111.428.121.617.4
P/EBIT-0.118.812.511.228.121.615.6
P/E-0.125.718.617.137.328.022.1
P/CFO-0.112.811.78.525.524.112.2
Total Yield-1,492.4%3.9%10.9%7.7%4.0%4.5%4.2%
Dividend Yield0.0%0.0%5.5%1.8%1.4%0.9%1.1%
FCF Yield 3Y Avg-608.0%6.0%5.3%5.5%4.0%4.4%4.9%
D/E7.10.20.30.60.10.00.2
Net D/E4.10.10.20.40.1-0.00.2

Returns

CTNTRLGTUPSFDXCHRWEXPDMedian
NameCheetah .Radiant .United P.FedEx C.H. Rob.Expedito. 
1M Rtn10.9%-3.1%5.0%-4.4%3.4%8.4%4.2%
3M Rtn-79.6%5.5%9.1%1.7%2.2%19.4%3.9%
6M Rtn-99.2%37.0%9.6%30.3%6.3%10.7%10.1%
12M Rtn-99.4%43.2%18.5%64.9%84.5%51.8%47.5%
3Y Rtn-100.0%20.2%-26.6%55.9%103.5%43.8%32.0%
1M Excs Rtn2.9%-3.0%7.4%-1.3%4.5%8.7%3.7%
3M Excs Rtn-78.1%1.1%4.1%-3.7%-2.4%13.4%-0.7%
6M Excs Rtn-106.5%25.3%1.1%20.7%-1.7%2.4%1.7%
12M Excs Rtn-116.0%26.4%1.9%52.0%71.8%36.9%31.7%
3Y Excs Rtn-162.3%-43.9%-89.6%-1.7%41.0%-16.5%-30.2%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Logistics and warehousing services10385539
Total10385539


Net Income by Segment
$ Mil2025
Logistics and warehousing services-4
Total-4


Assets by Segment
$ Mil2025
Logistics and warehousing services12
Total12


Price Behavior

Price Behavior
Market Price$1.73 
Market Cap ($ Bil)0.0 
First Trading Date08/01/2023 
Distance from 52W High-99.6% 
   50 Days200 Days
DMA Price$1.71$185.18
DMA Trenddowndown
Distance from DMA1.4%-99.1%
 3M1YR
Volatility127.6%147.5%
Downside Capture539.02373.78
Upside Capture-288.64-309.82
Correlation (SPY)11.9%6.4%
CTNT Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta-0.090.460.850.100.76-0.65
Up Beta0.351.142.270.33-0.120.37
Down Beta2.710.50-3.22-0.970.830.42
Up Capture-120%-175%-267%-162%-69%-6%
Bmk +ve Days11244067140429
Stock +ve Days9131944101305
Down Capture-127%224%613%267%191%113%
Bmk -ve Days10172358112321
Stock -ve Days10264271131389

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CTNT
CTNT-99.4%147.0%-2.08-
Sector ETF (XLI)20.1%16.6%0.9311.4%
Equity (SPY)17.6%12.7%1.006.8%
Gold (GLD)19.2%28.1%0.6116.0%
Commodities (DBC)34.7%19.1%1.42-2.1%
Real Estate (VNQ)13.8%14.1%0.696.0%
Bitcoin (BTCUSD)-46.2%42.9%-1.325.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CTNT
CTNT-84.9%310.0%-0.07-
Sector ETF (XLI)14.0%17.6%0.634.2%
Equity (SPY)12.8%17.1%0.585.7%
Gold (GLD)17.0%18.4%0.756.9%
Commodities (DBC)9.6%19.5%0.382.7%
Real Estate (VNQ)3.0%18.9%0.064.8%
Bitcoin (BTCUSD)15.3%53.4%0.471.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CTNT
CTNT-61.2%310.0%-0.07-
Sector ETF (XLI)13.9%20.0%0.614.2%
Equity (SPY)14.9%17.9%0.715.7%
Gold (GLD)11.3%16.1%0.576.9%
Commodities (DBC)7.2%17.9%0.322.7%
Real Estate (VNQ)5.2%20.7%0.214.8%
Bitcoin (BTCUSD)58.1%66.2%0.981.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity0.2 Mil
Short Interest: % Change Since 6302026-75.4%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity0.1 Mil
Short % of Basic Shares138.8%

Earnings Returns History

Updated 6/29/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/14/2026-11.5%-24.2%-21.6%
3/20/2026-8.5%-8.5%-97.1%
11/10/20258.9%5.7%16.3%
8/4/2025-3.2%3.2%9.6%
5/5/2025-7.6%1.4%-1.4%
3/12/2025-2.5%-1.4%-18.6%
11/13/2024-4.9%-18.1%56.5%
8/13/2024-12.2%-6.5%15.8%
...
SUMMARY STATS   
# Positive265
# Negative1067
Median Positive5.7%8.6%15.8%
Median Negative-6.2%-8.1%-18.6%
Max Positive8.9%764.0%56.5%
Max Negative-12.5%-24.2%-97.1%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/14/2026-11.5%-24.2%-21.6%
3/20/2026-8.5%-8.5%-97.1%
11/10/20258.9%5.7%16.3%
8/4/2025-3.2%3.2%9.6%
5/5/2025-7.6%1.4%-1.4%
3/12/2025-2.5%-1.4%-18.6%
11/13/2024-4.9%-18.1%56.5%
8/13/2024-12.2%-6.5%15.8%
5/13/2024-4.8%764.0%-56.5%
3/18/20242.4%11.4%-14.5%
11/9/2023-12.5%13.3%13.3%
9/5/2023-3.8%-7.7%-16.6%
SUMMARY STATS   
# Positive265
# Negative1067
Median Positive5.7%8.6%15.8%
Median Negative-6.2%-8.1%-18.6%
Max Positive8.9%764.0%56.5%
Max Negative-12.5%-24.2%-97.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/14/202610-Q
12/31/202503/20/202610-K
09/30/202511/07/202510-Q
06/30/202508/04/202510-Q
03/31/202505/05/202510-Q
12/31/202403/12/202510-K
09/30/202411/13/202410-Q
06/30/202408/13/202410-Q
03/31/202405/13/202410-Q
12/31/202303/18/202410-K
09/30/202311/09/202310-Q
06/30/202309/05/202310-Q
03/31/202308/02/2023424B4
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/14/202610-Q
12/31/202503/20/202610-K
09/30/202511/07/202510-Q
06/30/202508/04/202510-Q
03/31/202505/05/202510-Q
12/31/202403/12/202510-K
09/30/202411/13/202410-Q
06/30/202408/13/202410-Q
03/31/202405/13/202410-Q
12/31/202303/18/202410-K
09/30/202311/09/202310-Q
06/30/202309/05/202310-Q
03/31/202308/02/2023424B4

Insider Activity

Updated 6/17/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Liu, HuanSee RemarksDirectBuy61720262.00200,000400,000401,754Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Liu, HuanSee RemarksDirectBuy61720262.00200,000400,000401,754Form
Core Cache Last Updated: 7/25/2026