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TANTECH HOLDINGS LTD TANH
TANTECH HOLDINGS LTD (TANH) earns a Piotroski F-score of 2/9 (weak financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $38.4M at a -80.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.08 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 2/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.506 |
| Retained earnings / assets | 0.14 |
| EBIT / assets | -0.098 |
| Equity / liabilities | 8.099 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| TANH | TANTECH HOLDINGS LTD | 2/9 | 11.62 | — | -10.7% |
| CNEY | CN ENERGY GROUP. INC. | 4/9 | — | — | -30.2% |
| LNZA | LanzaTech Global, Inc. | 2/9 | — | — | +12.6% |
| SAFX | XCF Global, Inc. | 4/9 | -4.58 | 1.6 | — |
| ORGN | Origin Materials, Inc. | 2/9 | -12.77 | — | -39.5% |
| CDXS | CODEXIS, INC. | 3/9 | -11.56 | — | +18.6% |
| TOMZ | TOMI Environmental Solutions, Inc. | 3/9 | — | — | — |
About TANTECH HOLDINGS LTD
Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy applications and household cooking, heating, purification, agricultural, and cleaning uses in the People's Republic of China and internationally. It provides pressed and formed charcoal briquettes for use in grills, incense burners, and other applications under the Algold brand. The company also offers Charcoal Doctor branded products, such as air purifiers and humidifiers, automotive accessories for air purification, underfloor humidity control products, pillows and mattresses, wardrobe deodorizers, mouse pads and wrist mats, refrigerator deodorants, charcoal toilet cleaner disks, liquid charcoal cleaners, shoe insoles, and decorative charcoal gifts. In addition, it provides bamboo vinegar, a liquid byproduct for use in disinfectants, detergents, lotions, specialized soaps, toilet cleaners, and fertilizers, as well as in various agricultural applications comprising fruit, vegetable, and other plant fertilizers; soil conditioners and sweeteners; and flower nutrients. Further, the company is involved in the biodegradable packaging and supply chain businesses, as well as provision of commercial factoring services. The company was founded in 1998 and is headquartered in Lishui, the People's Republic of China.
FAQ
Is TANH financially healthy?
TANTECH HOLDINGS LTD's Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does TANH pay a dividend?
No, TANTECH HOLDINGS LTD does not currently pay a dividend.
How profitable is TANH?
In FY2025, TANTECH HOLDINGS LTD had a net margin of -80.9% and a return on equity of -28.1%.
Is TANH a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on TANTECH HOLDINGS LTD: a Piotroski F-score of 2/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.