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Tctm Kids It Education Inc's Business Segments
Tctm Kids It Education Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 160
Regions Reported
-
Annual Results
Revenue by Product & Service Category -
- Business Taxes and Surcharges0%
- Brain Computer Interface0%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Business Taxes and Surcharges | - | 0% |
| Brain Computer Interface | - | 0% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Tctm Kids It Education Inc
The registrant is a China-based company engaged in overseas securities issuance and listing. It is subject to regulations issued by the China Securities Regulatory Commission (CSRC) and other governmental authorities, including the Provisions on Strengthening Confidentiality and Archives Management of Overseas Securities Issuance and Listing by Domestic Enterprises, effective March 31, 2023. These regulations require the establishment of confidentiality and archives systems, obtaining approvals, and filing with confidential administration authorities when providing documents related to state or governmental secrets. The company must also comply with the 2024 Negative List, which restricts foreign investors' participation in certain prohibited businesses and limits their shareholding percentages. Non-compliance may result in sanctions, fines, operational restrictions, and adverse effects on business and financial conditions. Additionally, regulations by the State Administration of Foreign Exchange (SAFE) govern overseas investment activities by mainland China residents, requiring registration of offshore entities controlled by such residents. The registrant has taken steps to ensure its mainland China resident shareholders comply with these registration requirements; however, uncertainties remain due to varying local interpretations and implementations. These regulatory frameworks affect the registrant's ability to conduct offshore offerings, capital injections, profit distributions, and foreign exchange activities, potentially impacting its operations and financial prospects.
The Company operates as a single reportable segment, reflecting how the Chief Executive Officer, the Chief Operating Decision Maker (CODM), allocates resources and evaluates performance. Its operations are centralized and integrated, with financial results reviewed on a consolidated basis. Management has identified one reportable segment in accordance with ASC Topic 280, Segment Reporting. The CODM assesses financial information consolidated, using Net Income as the primary performance metric to monitor budget versus actual results and guide resource allocation. Net Income is calculated as revenue minus cost of goods sold, operating expenses, other segment items (including interest income, interest expense, other income, and other expenses), and income taxes. The CODM regularly reviews significant expense categories included in the segment's profit or loss measurement.