TuanChe is a holding company. Through its subsidiaries, variable interest entities (VIEs) and subsidiaries of VIEs, Co. is engaged in the operation of providing auto shows, group-purchase facilitation, promotion events services, virtual dealership, online marketing services and others related businesses in the People's Republic of China. Co. turns individual and isolated automobile purchase transactions into collective purchase activities through its auto shows. Co. functions as a virtual dealership connecting automakers and franchised dealerships with secondary dealers by providing a suite of services undertaken by franchised dealerships without setting up permanent physical presence. The TC stock yearly return is shown above.
The yearly return on the TC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the TC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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