Tianci International, Inc. (NASDAQ: CIIT)

Sector: Technology Industry: Electronics & Computer Distribution CIK: 0001557798
Market Cap 8.76 Mn
P/B 3.23
P/E -3.11
P/S 0.87
ROIC (Qtr) -96.55
Div Yield % 0.00
Rev 1y % (Qtr) 28.09
Total Debt (Qtr) 103,716.00
Debt/Equity (Qtr) 0.04
Add ratio to table...

About

Investment thesis

Bull case

  • Healthy cash reserves of 1.68M provide 28.56x coverage of short-term debt 58761, demonstrating strong liquidity position and minimal refinancing risk.
  • Operating cash flow of (3.94M) provides exceptional 82.99x coverage of minority interest expenses (47452), showing strong core operations.
  • Strong tangible asset base of 3.16M provides 30.42x coverage of total debt 103716, indicating robust asset backing and low credit risk.
  • Tangible assets of 3.16M provide exceptional 20.36x coverage of deferred revenue 155000, showing strong service capability backing.
  • Operating cash flow of (3.94M) fully covers other non-current liabilities (155000) by 25.41x, showing strong long-term stability.

Bear case

  • Operating cash flow of (3.94M) provides insufficient coverage of deferred revenue obligations of 155000, which is -25.41x, raising concerns about future service delivery capabilities.
  • Operating cash flow of (3.94M) provides minimal -1080.65x coverage of tax expenses of 3644, suggesting potential tax planning inefficiencies or unsustainable tax positions.
  • Operating earnings of (2.81M) show weak coverage of depreciation charges of 19811, with a -141.95 ratio indicating high capital intensity and potential reinvestment needs.
  • High financing cash flow of 5.29M relative to working capital of 2.64M, which is 2.01x suggests concerning dependence on external funding for operational needs.
  • Operating cash flow of (3.94M) is outpaced by equity issuance of 5.44M (-0.72 ratio), indicating concerning reliance on equity markets for funding operations.

Product and Service Breakdown of Revenue (2025)

Geographical Breakdown of Revenue (2025)

Peer comparison

Companies in the Electronics & Computer Distribution
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 ARW Arrow Electronics, Inc. 7.91 Bn 13.85 0.26 3.09 Bn
2 SNX Td Synnex Corp 6.38 Bn 23.20 0.33 4.61 Bn
3 AVT Avnet Inc 5.42 Bn 26.12 0.23 3.17 Bn
4 NSIT Insight Enterprises Inc 2.61 Bn 16.60 0.32 1.36 Bn
5 CNXN Pc Connection Inc 1.63 Bn 18.18 0.51 0.00 Bn
6 SCSC Scansource, Inc. 0.82 Bn 11.15 0.27 0.10 Bn
7 CLMB Climb Global Solutions, Inc. 0.51 Bn 80.43 1.89 0.00 Bn
8 IZM ICZOOM Group Inc. 0.01 Bn 10.40 0.07 -

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 2.05 0.78
EV to Cash from Ops. EV/CFO -1.64 117.90
EV to Debt EV to Debt 62.42 438.44
EV to EBIT EV/EBIT -2.30 15.47
EV to EBITDA EV/EBITDA -2.28 13.22
EV to Free Cash Flow [EV/FCF] EV/FCF -1.64 113.72
EV to Market Cap EV to Market Cap 0.74 1.17
EV to Revenue EV/Rev 0.64 0.54
Price to Book Value [P/B] P/B 3.23 2.70
Price to Earnings [P/E] P/E -3.11 21.87
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 2.26
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 11.51
Dividend per Basic Share Div per Share (Qtr) 0.00 0.49
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 10.45
Interest Coverage Interest Coverage 0.00 -0.62
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 0.00 9.50
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 418.22 97.84
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 6.75
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -12,238.23 -1,335.47
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -7,543.28 -783.61
EBIT Growth (1y) % EBIT 1y % (Qtr) -73,134.04 -8,097.95
EBT Growth (1y) % EBT 1y % (Qtr) -73,134.04 -8,103.00
EPS Growth (1y) % EPS 1y % (Qtr) 0.00 22.53
FCF Growth (1y) % FCF 1y % (Qtr) -14,505.39 -1,628.21
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) -42.28 3.71
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 3.21 2.10
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.07
Cash Ratio Cash Ratio (Qtr) 4.28 0.63
Current Ratio Curr Ratio (Qtr) 7.72 2.37
Debt to Equity Ratio Debt/Equity (Qtr) 0.04 0.40
Interest Cover Ratio Interest Cover Ratio 0.00 -0.62
Times Interest Earned Times Interest Earned 0.00 -0.62
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) -27.60 0.27
EBIT Margin % EBIT Margin % (Qtr) -27.79 -0.41
EBT Margin % EBT Margin % (Qtr) -27.79 -0.82
Gross Margin % Gross Margin % (Qtr) 6.00 12.10
Net Profit Margin % Net Margin % (Qtr) -27.80 -1.39