The following summary is qualified in its entirety by the more detailed information appearing elsewhere in this Form 10-K. In this Form 10-K, unless the context requires otherwise, the terms we , our , us and the Company refer to Tanke Biosciences Corporation, a Nevada corporation formerly known as Greyhound Commissary, Inc. ( Greyhound ), as well as our direct and indirect subsidiaries, and ou…
$0.02
+$0.00 (+0.00%)
EOD Jul 17, 2026
Margins and capital returns are both well above average: 24.80% operating margin, ROIC at 35.64%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue up 19.8% YoY with margins expanding 17.5pp. However, free cash flow softened 169%, worth monitoring whether this is timing or structural.
Free cash flow declined 169% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -$2M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$23M
▲ +19.8% YoY
Net Income (TTM)
-$2M
▲ +93.3% YoY
Op. Margin
10.86%
▲ +17.5pp YoY
ROIC
12.80%
▲ +27.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$6M
▼ -169.1% YoY
Op. Cash Flow (TTM)
-$4M
▼ -132.4% YoY
Net Debt
-$3M
Net Cash Position
Cash & Equiv.
$5M
Continue Research
Tanke Biosciences (TNBI)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Tanke Biosciences scores 24/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
Tanke Biosciences scores 24 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 10.9% operating margin and a 12.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh TNBI's valuation and scores 24/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.