Cheetah Net Supply Chain Service (CTNT)
Market Price (9/14/2026): $1.04 | Market Cap: $2.0 MilSector: Industrials | Industry: Air Freight & Logistics
Cheetah Net Supply Chain Service (CTNT)
Market Price (9/14/2026): $1.04Market Cap: $2.0 MilSector: IndustrialsIndustry: Air Freight & Logistics
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -97% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, E-commerce & DTC Adoption, and Future of Freight. Themes include Last-Mile Delivery, Show more. | Weak multi-year price returns2Y Excs Rtn is -141%, 3Y Excs Rtn is -171% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -3.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -265% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.4% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 27% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -155%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -155% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -136% High stock price volatilityVol 12M is 147% Key risksCTNT key risks include [1] the discontinuation of its core business and a challenging pivot to a new, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -97% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, E-commerce & DTC Adoption, and Future of Freight. Themes include Last-Mile Delivery, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -141%, 3Y Excs Rtn is -171% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -3.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -265% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.4% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 27% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -155%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -155% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -136% |
| High stock price volatilityVol 12M is 147% |
| Key risksCTNT key risks include [1] the discontinuation of its core business and a challenging pivot to a new, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Cheetah Net Supply Chain Service (CTNT) stock has lost about 30% since 5/31/2026 because of the following key factors:
1. Significant Business Model Transformation and Near-Complete Loss of Original Revenue Streams: Cheetah Net Supply Chain Service underwent a major business transformation during the period, shifting from traditional logistics and warehousing to international trading. In fiscal Q2 2026 (ended June 30, 2026), its logistics and warehousing segment generated no revenue following the disposal of Edward Transit Express Group. This segment had already seen an 80.7% decline in revenue to $92,700 in fiscal Q1 2026 (ended March 31, 2026) compared to the prior year. While the acquisition of Super International Trading, completed in May 2026, drove new revenue of $868,909 for the company in fiscal Q2 2026, the complete cessation of revenue from its former core business created significant uncertainty and contributed to investor concerns.
2. Persistent Going Concern Doubts and Limited Cash Runway: Management explicitly raised substantial doubts about the company's ability to continue as a going concern in its fiscal Q1 2026 results, reported on May 14, 2026, citing an approximate $0.6 million operating loss and $2.5 million operating cash outflow. Furthermore, as of August 16, 2026, the company was reported to have less than a year of cash runway, based on a negative free cash flow trend of US$2.2 million. This critical financial position indicated a need for additional capital or debt, posing a major risk of further shareholder dilution.
Show more
Cheetah Net Supply Chain Service (CTNT) stock has lost about 30% since 5/31/2026 because of the following key factors:
1. Significant Business Model Transformation and Near-Complete Loss of Original Revenue Streams: Cheetah Net Supply Chain Service underwent a major business transformation during the period, shifting from traditional logistics and warehousing to international trading. In fiscal Q2 2026 (ended June 30, 2026), its logistics and warehousing segment generated no revenue following the disposal of Edward Transit Express Group. This segment had already seen an 80.7% decline in revenue to $92,700 in fiscal Q1 2026 (ended March 31, 2026) compared to the prior year. While the acquisition of Super International Trading, completed in May 2026, drove new revenue of $868,909 for the company in fiscal Q2 2026, the complete cessation of revenue from its former core business created significant uncertainty and contributed to investor concerns.
2. Persistent Going Concern Doubts and Limited Cash Runway: Management explicitly raised substantial doubts about the company's ability to continue as a going concern in its fiscal Q1 2026 results, reported on May 14, 2026, citing an approximate $0.6 million operating loss and $2.5 million operating cash outflow. Furthermore, as of August 16, 2026, the company was reported to have less than a year of cash runway, based on a negative free cash flow trend of US$2.2 million. This critical financial position indicated a need for additional capital or debt, posing a major risk of further shareholder dilution.
3. Substantial Shareholder Dilution: The company experienced significant shareholder dilution, with shares outstanding increasing by over 182x in the past year. This dilution was partly a consequence of at-the-market stock sales, where 2,775,000 shares of Class A common stock were sold following a 1-for-200 reverse stock split completed on April 29, 2026, before the termination of the sales agreement on June 26, 2026.
4. Continued Operating Losses Despite Revenue Growth from Acquisition: Despite a 145.4% increase in total revenue in fiscal Q2 2026 to $868,909, driven by the new international trading segment, the company continued to report an operating loss of $881,797. Although net income from continuing operations was positive at $71,045 in fiscal Q2 2026, this was primarily attributed to foreign exchange gains rather than core operational profitability. Analysts forecast earnings to decline by an average of 5.7% per year, highlighting ongoing profitability challenges.
Show less
Stock Movement Drivers
Fundamental Drivers
The -30.1% change in CTNT stock from 5/31/2026 to 9/13/2026 was primarily driven by a -92.9% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 5312026 | 9132026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.66 | 1.16 | -30.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 57.1% |
| P/S Multiple | 0.3 | 1.6 | 524.4% |
| Shares Outstanding (Mil) | 0 | 2 | -92.9% |
| Cumulative Contribution | -30.1% |
Market Drivers
5/31/2026 to 9/13/2026| Return | Correlation | |
|---|---|---|
| CTNT | -30.1% | |
| Market (SPY) | 1.0% | 17.9% |
| Sector (XLI) | -0.4% | 15.4% |
Fundamental Drivers
The -99.7% change in CTNT stock from 2/28/2026 to 9/13/2026 was primarily driven by a -99.2% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282026 | 9132026 | Change |
|---|---|---|---|
| Stock Price ($) | 340.00 | 1.16 | -99.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | -0.3% |
| P/S Multiple | 3.9 | 1.6 | -59.4% |
| Shares Outstanding (Mil) | 0 | 2 | -99.2% |
| Cumulative Contribution | -99.7% |
Market Drivers
2/28/2026 to 9/13/2026| Return | Correlation | |
|---|---|---|
| CTNT | -99.7% | |
| Market (SPY) | 11.7% | 4.6% |
| Sector (XLI) | -2.4% | 8.2% |
Fundamental Drivers
The -99.7% change in CTNT stock from 8/31/2025 to 9/13/2026 was primarily driven by a -99.2% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312025 | 9132026 | Change |
|---|---|---|---|
| Stock Price ($) | 334.00 | 1.16 | -99.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 26.5% |
| P/S Multiple | 4.8 | 1.6 | -67.4% |
| Shares Outstanding (Mil) | 0 | 2 | -99.2% |
| Cumulative Contribution | -99.7% |
Market Drivers
8/31/2025 to 9/13/2026| Return | Correlation | |
|---|---|---|
| CTNT | -99.7% | |
| Market (SPY) | 19.5% | 7.5% |
| Sector (XLI) | 14.6% | 12.6% |
Fundamental Drivers
The -100.0% change in CTNT stock from 8/31/2023 to 9/13/2026 was primarily driven by a -99.7% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312023 | 9132026 | Change |
|---|---|---|---|
| Stock Price ($) | 6752.00 | 1.16 | -100.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 1 | 0.0% |
| P/S Multiple | � | 1.6 | 0.0% |
| Shares Outstanding (Mil) | 0 | 2 | -99.7% |
| Cumulative Contribution | 0.0% |
Market Drivers
8/31/2023 to 9/13/2026| Return | Correlation | |
|---|---|---|
| CTNT | -100.0% | |
| Market (SPY) | 75.7% | 5.3% |
| Sector (XLI) | 65.9% | 3.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CTNT Return | - | - | -81% | -85% | -61% | -100% | -100% |
| Peers Return | 25% | -25% | 24% | -3% | 5% | 9% | 29% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| CTNT Win Rate | - | - | 20% | 25% | 33% | 22% | |
| Peers Win Rate | 56% | 46% | 60% | 48% | 65% | 49% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| CTNT Max Drawdown | - | - | - | -99% | -62% | -100% | |
| Peers Max Drawdown | -22% | -37% | -22% | -20% | -28% | -16% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: RLGT, QNME, UPS, FDX, 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 9/11/2026 (YTD)
How Low Can It Go
| Event | CTNT | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -37.2% | -18.8% |
| % Gain to Breakeven | 59.2% | 23.1% |
| Time to Breakeven | 328 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -86.5% | -9.5% |
| % Gain to Breakeven | 639.5% | 10.5% |
| Time to Breakeven | 196 days | 24 days |
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.
| Event | CTNT | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -37.2% | -18.8% |
| % Gain to Breakeven | 59.2% | 23.1% |
| Time to Breakeven | 328 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -86.5% | -9.5% |
| % Gain to Breakeven | 639.5% | 10.5% |
| Time to Breakeven | 196 days | 24 days |
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
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:
- 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.
- 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.
- 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
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
Peer Outperformance in Air Freight & Logistics
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 12.7% | 109.6% | 196.6% | CDNL 2642% · FIX 2380% · STRL 2143% |
| Marine Transportation | 5 | 78.1% | 61.8% | 168.4% | HOS 46637% · MATX 193% · KEX 168% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 8.1% | 59.5% | 124.7% | CAT 341% · ALSN 275% · WAB 226% |
| Aerospace & Defense | 54 | -1.3% | 64.3% | 71.0% | ATI 1047% · FTAI 949% · HWM 637% |
| Rail Transportation | 7 | 34.0% | 64.5% | 45.3% | FSTR 144% · CSX 72% · UNP 56% |
| Passenger Ground Transportation | 3 | -21.7% | 35.1% | 42.4% | UBER 84% · CAR 42% · LYFT -70% |
| Trading Companies & Distributors | 19 | 6.3% | 35.0% | 40.9% | DXPE 580% · AIT 293% · WCC 230% |
| Industrial Machinery & Supplies & Components | 71 | 7.9% | 43.0% | 38.3% | CRS 1375% · PSIX 994% · EROC 630% |
| Diversified Support Services | 32 | 12.7% | 30.3% | 34.0% | LIME 3588% · TH 447% · WLFC 368% |
| Cargo Ground Transportation | 16 | 37.5% | 5.4% | 33.5% | XPO 264% · R 247% · CVLG 230% |
| Electrical Components & Equipment | 41 | 14.4% | 56.4% | 21.7% | POWL 2288% · BE 1304% · VRT 993% |
| Building Products | 33 | -11.2% | 2.7% | 18.3% | LMB 640% · GFF 407% · PPIH 312% |
| Industrial Conglomerates | 17 | 6.4% | 9.4% | 7.0% | RCMT 482% · CSW 145% · CSL 81% |
| Environmental & Facilities Services | 29 | -9.0% | 26.7% | -1.7% | CECO 1049% · ADUR 387% · NVRI 384% |
| Agricultural & Farm Machinery | 17 | 12.3% | -5.7% | -4.0% | BLBD 218% · DE 103% · GENC 56% |
| Research & Consulting Services | 13 | -12.8% | -25.5% | -11.5% | HURN 206% · CRAI 91% · GRNQ 79% |
| Data Processing & Outsourced Services | 6 | -33.5% | -15.9% | -25.2% | EXLS 42% · BR 8% · G -24% |
| Passenger Airlines | 11 | 1.9% | 2.8% | -26.9% | LTM 3321% · UAL 150% · SKYW 113% |
| Office Services & Supplies | 9 | 8.9% | 22.2% | -30.2% | PBI 198% · TILE 145% · HNI 54% |
| Air Freight & Logistics ← | 12 | -10.2% | -24.7% | -38.3% | CHRW 91% · FDX 68% · EXPD 59% |
| Security & Alarm Services | 10 | -34.4% | 15.9% | -38.4% | CIX 150% · MG 110% · NL 70% |
| Human Resource & Employment Services | 22 | 0.4% | -21.9% | -38.7% | BBSI 90% · ADP 50% · PAYX 23% |
| Airport Services | 3 | -71.3% | -79.6% | -57.6% | JOBY -21% · ASLE -58% · UP -100% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Cheetah Net Supply Chain Service Earnings Notes | 12/16/2025 | |
| Is Cheetah Net Supply Chain Service Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 54.20 |
| Mkt Cap | 25.2 |
| Rev LTM | 6,465 |
| Op Inc LTM | 600 |
| FCF LTM | 476 |
| FCF 3Y Avg | 810 |
| CFO LTM | 503 |
| CFO 3Y Avg | 855 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.8% |
| Rev Chg 3Y Avg | -2.2% |
| Rev Chg Q | 10.1% |
| QoQ Delta Rev Chg LTM | 2.4% |
| Op Inc Chg LTM | -7.2% |
| Op Inc Chg 3Y Avg | -0.5% |
| Op Mgn LTM | 4.4% |
| Op Mgn 3Y Avg | 7.6% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 5.9% |
| CFO/Rev 3Y Avg | 8.4% |
| FCF/Rev LTM | 4.3% |
| FCF/Rev 3Y Avg | 4.6% |
Price Behavior
| Market Price | $1.16 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 08/01/2023 | |
| Distance from 52W High | -99.7% | |
| 50 Days | 200 Days | |
| DMA Price | $1.60 | $131.99 |
| DMA Trend | down | down |
| Distance from DMA | -27.3% | -99.1% |
| 3M | 1YR | |
| Volatility | 89.9% | 147.3% |
| Downside Capture | 373.15 | 423.61 |
| Upside Capture | 108.81 | -330.01 |
| Correlation (SPY) | 19.3% | 6.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.50 | 2.69 | 1.12 | 0.54 | 0.80 | 1.04 |
| Up Beta | 3.76 | 1.14 | 0.50 | 0.62 | -0.20 | -0.07 |
| Down Beta | -1.33 | 1.35 | 1.13 | -1.52 | 0.75 | 0.19 |
| Up Capture | 22% | 261% | 92% | -154% | -69% | -6% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 5 | 13 | 23 | 41 | 90 | 311 |
| Down Capture | 549% | 422% | 154% | 294% | 190% | 113% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 15 | 27 | 37 | 81 | 143 | 402 |
[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 | -99.7% | 146.9% | -2.43 | - |
| Sector ETF (XLI) | 15.1% | 17.2% | 0.65 | 12.8% |
| Equity (SPY) | 18.3% | 12.8% | 1.03 | 7.5% |
| Gold (GLD) | 19.0% | 29.2% | 0.59 | 15.5% |
| Commodities (DBC) | 48.3% | 20.6% | 1.80 | -5.4% |
| Real Estate (VNQ) | 7.6% | 13.6% | 0.29 | 7.0% |
| Bitcoin (BTCUSD) | -32.4% | 43.8% | -0.77 | 4.9% |
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 | -86.1% | 303.5% | -0.11 | - |
| Sector ETF (XLI) | 12.0% | 17.6% | 0.52 | 4.5% |
| Equity (SPY) | 12.5% | 17.2% | 0.55 | 5.9% |
| Gold (GLD) | 18.7% | 18.8% | 0.81 | 6.8% |
| Commodities (DBC) | 11.4% | 19.5% | 0.46 | 1.9% |
| Real Estate (VNQ) | 0.7% | 18.9% | -0.07 | 4.9% |
| Bitcoin (BTCUSD) | 9.4% | 52.6% | 0.36 | 1.5% |
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 | -62.7% | 303.5% | -0.11 | - |
| Sector ETF (XLI) | 13.3% | 20.1% | 0.58 | 4.5% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 5.9% |
| Gold (GLD) | 12.3% | 16.3% | 0.62 | 6.8% |
| Commodities (DBC) | 8.7% | 18.1% | 0.39 | 1.9% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 4.9% |
| Bitcoin (BTCUSD) | 63.2% | 66.2% | 1.03 | 1.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/26/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/13/2026 | -1.8% | -4.9% | |
| 5/14/2026 | -11.5% | -24.2% | -21.6% |
| 3/20/2026 | -8.5% | -8.5% | -97.1% |
| 11/10/2025 | 8.9% | 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% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 2 | 6 | 5 |
| # Negative | 11 | 7 | 7 |
| Median Positive | 5.7% | 8.6% | 15.8% |
| Median Negative | -4.9% | -7.7% | -18.6% |
| Max Positive | 8.9% | 764.0% | 56.5% |
| Max Negative | -12.5% | -24.2% | -97.1% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/13/2026 | -1.8% | -4.9% | |
| 5/14/2026 | -11.5% | -24.2% | -21.6% |
| 3/20/2026 | -8.5% | -8.5% | -97.1% |
| 11/10/2025 | 8.9% | 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% |
| 3/18/2024 | 2.4% | 11.4% | -14.5% |
| 11/9/2023 | -12.5% | 13.3% | 13.3% |
| 9/5/2023 | -3.8% | -7.7% | -16.6% |
| SUMMARY STATS | |||
| # Positive | 2 | 6 | 5 |
| # Negative | 11 | 7 | 7 |
| Median Positive | 5.7% | 8.6% | 15.8% |
| Median Negative | -4.9% | -7.7% | -18.6% |
| Max Positive | 8.9% | 764.0% | 56.5% |
| Max Negative | -12.5% | -24.2% | -97.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/13/2026 | 10-Q |
| 03/31/2026 | 05/14/2026 | 10-Q |
| 12/31/2025 | 03/20/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/04/2025 | 10-Q |
| 03/31/2025 | 05/05/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 11/13/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 03/18/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 09/05/2023 | 10-Q |
| 03/31/2023 | 08/02/2023 | 424B4 |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/13/2026 | 10-Q |
| 03/31/2026 | 05/14/2026 | 10-Q |
| 12/31/2025 | 03/20/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/04/2025 | 10-Q |
| 03/31/2025 | 05/05/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 11/13/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 03/18/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 09/05/2023 | 10-Q |
| 03/31/2023 | 08/02/2023 | 424B4 |
Insider Activity
Updated 6/17/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Liu, Huan | See Remarks | Direct | Buy | 6172026 | 2.00 | 200,000 | 400,000 | 401,754 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Liu, Huan | See Remarks | Direct | Buy | 6172026 | 2.00 | 200,000 | 400,000 | 401,754 | Form |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Air Freight & Logistics Resources |
| Air Cargo World |
| Logistics Management |
| Journal of Commerce (JOC) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.