# Tianci International Inc. (CIIT)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $3M  
**Price:** $1.53 (-4.66%)

> Tianci International Inc. is a holding company incorporated in Nevada in 2012 and headquartered in Hong Kong that operates primarily through its subsidiary Roshing International Co., Ltd. to deliver global logistics services. Its core focus lies in ocean freight forwarding, arranging container and bulk goods shipping under an asset-light model that charters cargo space from shipping suppliers and sub-charters it to customers, optimizing routes across the Asia-Pacific region including Japan, South Korea, Vietnam, and extending to Africa. The company develops and maintains customized logistics software to enhance workflow efficiency for wholesalers, e-commerce retailers, and freight providers, alongside distributing electronic device hardware components such as computer chips, Wi-Fi modules, Bluetooth modules, 4G network modules, LED screens, and touch screens. Tianci International Inc. also engages in global mineral trade, handling bulk chrome and manganese ores, and provides business consulting services. This diversified approach positions it as a versatile player in international trade, supply chain management, and related technology solutions, supporting efficient cross-border commerce.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | — | — | — | — | $-1.19 |
| 2024 | $9M | $1M | $168,303 | $110,320 | $0.01 |
| 2023 | $452,409 | -$4,085 | -$343,994 | -$356,089 | $-0.10 |
| 2022 | $752,839 | $274,318 | $191,816 | $160,166 | $0.10 |
| 2021 | — | — | -$63,003 | -$74,384 | $-0.03 |
| 2020 | — | — | -$73,848 | -$73,848 | $-0.01 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2024 | $911,961 | $121,951 | $790,010 | $413,129 | — |
| 2023 | $320,204 | $598,836 | -$278,632 | $256,342 | $2,068 |
| 2022 | $760,339 | $655,580 | $104,759 | $21,237 | — |
| 2021 | $17,951 | $343,061 | -$325,110 | $3,951 | — |
| 2020 | $15,968 | $266,694 | -$250,726 | $3,968 | — |
| 2019 | $15,998 | $192,876 | -$176,878 | $3,968 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2024 | $80,473 | — | $112,740 |
| 2023 | $173,352 | — | $324,581 |
| 2022 | -$98,363 | — | -$84,161 |
| 2021 | -$72,248 | — | -$74,248 |
| 2020 | -$73,260 | — | -$73,230 |
| 2019 | -$83,509 | — | -$91,539 |

Source: [CompaniesByCap](https://companiesbycap.com/company/CIIT)