Home / Going-concern warnings / TANCHENG GROUP CO., LTD.
Filed 2025-08-14 路 Form 10-Q 路 Accession 0001683168-25-006089 cap n/a
n/a: no price data available for QSJC.
"As of June 30, 2025, the Company had net current liability of $ 1,767,053 and an accumulated deficit of $ 1,908,750 . These conditions raised substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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