TDH (PETZ)
Commercial office leasing and management through Jingshi Commercial in Beijing.
Something off on this page? Send us feedback.
Generates rental and management income by leasing Beijing office space and subleasing it through Jingshi Commercial's smart-office, co-working, and property-management offerings. The small platform also owns a vacant Missouri property and depends on tenant occupancy, lease spreads, and PRC subsidiary cash distributions.
Operates a commercial-real-estate leasing and management platform centered on Jingshi Commercial, offering Smart Office, Property Management, Co-working, Industrial Park, and customized office formats. Subsidiaries lease office space, make improvements, and sublease it to tenants, generating rental and management income. The footprint is concentrated in Beijing, alongside a vacant owned property in Independence, Missouri.
Works through a net-lease approach in which tenants generally pay rent and specified operating costs, while office services emphasize furnished, technology-equipped space. Results depend on maintaining occupancy, tenant payments and renewals, and spreads between head leases and subleases. As a BVI holding company with PRC subsidiaries, cash movement and continuing Nasdaq access remain subject to subsidiary distributions, PRC regulation, and listing compliance.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $33.7M · Total debt $4.1M · Total assets $40.3M · Shareholders' equity $30.6M
- Revenue
- $665.6K
- Operating income
- −$1.3M
- Net income
- $420.3K
No dividends on record.
| Insiders | 49.11% | 5.07M ADS | |
|---|---|---|---|
| 1 holder · as of Aug 31, 2026 | |||
| Other | 50.89% | 5.25M ADS | |
| remainder | |||
10.32M ADS as of Sep 15, 2026 · holders as of their latest filing
The share count is from the company's Mar 2023 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Dandan LiuInsiderdirector, 10 percent owner, officer: CEO and Chair | 49.11% | 5.07M ordinary | filed Aug 31, 2026 |
Xu LuoInsiderdirector | 0.00% | 0 | filed Apr 9, 2026 |
Feng (Frank) ZhangInsiderdirector, officer: CFO and Director | 0.00% | 0 | filed Mar 18, 2026 |
Caifen ZouInsiderdirector | 0.00% | 0 | filed Mar 19, 2026 |
Zou VenturesStrategic | —9.83% of class, as filed | — | filed Apr 19, 2021 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 27, 2026 | Dandan Liu | director, 10 percent owner, officer: CEO and Chair | +2,969,692 | $1.20 |
- Ucommune International
Flexible office memberships and bespoke offices target the same SMEs.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| TDH | $1.32 | −2.22% | $13.9M | 7.9 | — | 11.1 | +44.6% |
| Ucommune International | $1.98 | −5.53% | $419.3K | — | — | — | — |