TANH 分类 A Tantech Holdings Ltd. - Class A Common Shares
NASDAQ · Chemicals · 在 SEC EDGAR 上查看 ↗ 收盘 十月 2, 2026 10-K/10-Q 五月 14, 2026
$14.79
· % 处于52周区间
· 高于低点
· 至高点
$10.0552周低点
$98.0052周高点
P/E
-0.1
EPS
$-13.64
收入
$38M
TANH 股票快照 价格、市值、P/E、EPS、ROE、负债/权益、52周范围
价格
$14.79
P/E
-0.1
EPS
$-13.64
收入
$38M
ROE
-25.7%
52周区间
$10–$98
TANH 股价图表 包含技术指标的日 OHLCV — 平移、缩放和自定义您的视图
区间
条形图
柱状图粒度会根据所选周期进行调整 — 将鼠标悬停在图表上可查看柱状图的开盘价/最高价/最低价/收盘价。
股票拆分
| 除息日 | 拆股 | 类型 |
|---|---|---|
| 2026年9月4日 | 1-for-50 | 反向 |
| 2025年2月13日 | 1-for-40 | 反向 |
| 2022年11月9日 | 1-for-24 | 反向 |
| 2022年2月28日 | 1-for-10 | 反向 |
10年表现 收入、净利润、利润率和每股收益趋势
收入$38M2016-12-31 → 2025-12-31
EPS$-13.642019-12-31 → 2025-12-31
自由现金流$-6M2016-12-31 → 2025-12-31
净利率-80.9%2016-12-31 → 2025-12-31
估值与比率
估值 P/E、P/S、P/B、EV/EBITDA 比率 — 该股票是昂贵还是便宜？
| 指标 | 5年趋势 | TANH | 5年均值 | 同行中位数 | 结论 |
|---|---|---|---|---|---|
| P/E | -0.15年均值 ≈-18.2 | ≈-18.2 | · | · | |
| Price / Tangible Book (市净率（有形资产）) | 0.15年均值 ≈62.5 | ≈62.5 | · | · |
同行中位数按每项指标的标准化基础计算，可能与本股票显示的TTM/MRQ基础不完全匹配。
盈利能力 毛利率、营业利润率和净利率；股本回报率 (ROE)、资产回报率 (ROA)、投入资本回报率 (ROIC)
| 指标 | 5年趋势 | TANH | 5年均值 | 同行中位数 | 结论 |
|---|---|---|---|---|---|
| Gross Margin (毛利率) | 18.6%5年均值 ≈19.7% | ≈19.7% | · | · | |
| Operating Margin (营业利润率) | -31.8%5年均值 ≈-5.1% | ≈-5.1% | · | · | |
| EBITDA Margin (息税折旧摊销前利润率) | -31.8%5年均值 ≈-5.1% | ≈-5.1% | · | · | |
| Pretax Margin (税前利润率) | -87.3%5年均值 ≈-14.9% | ≈-14.9% | · | · | |
| Net Profit Margin (净利润率) | -80.9%5年均值 ≈-17.8% | ≈-17.8% | · | · | |
| ROA | -23.2%5年均值 ≈-5.4% | ≈-5.4% | · | · | |
| ROE | -25.7%5年均值 ≈-6.0% | ≈-6.0% | · | · | |
| ROIC | -10.2%5年均值 ≈-5.8% | ≈-5.8% | · | · |
财务健康 债务、流动性、偿付能力 — 资产负债表强度
| 指标 | 5年趋势 | TANH | 5年均值 | 同行中位数 | 结论 |
|---|---|---|---|---|---|
| Current Ratio (流动比率) | 6.65年均值 ≈7.2 | ≈7.2 | · | · | |
| Quick Ratio (速动比率) | 5.45年均值 ≈2.7 | ≈2.7 | · | · | |
| Interest Coverage (利息保障倍数) | -43.75年均值 ≈-5.9 | ≈-5.9 | · | · |
成长 营收、每股收益 (EPS) 和净利润增长：同比、3年复合年增长率 (CAGR)、5年复合年增长率 (CAGR)
此比率组尚无数据
基本面数据不足，尚无法计算此比率组。
资本效率 资产周转率、库存周转率、应收账款周转率
| 指标 | 5年趋势 | TANH | 5年均值 | 同行中位数 | 结论 |
|---|---|---|---|---|---|
| Asset Turnover (资产周转率) | 0.35年均值 ≈0.4 | ≈0.4 | · | · | |
| Inventory Turnover (库存周转率) | 181.75年均值 ≈94.2 | ≈94.2 | · | · | |
| Receivables Turnover (应收账款周转率) | 1.3 | · | · | · | |
| Revenue / Employee (年营业收入 ÷ 员工人数（报告的 headcount，yfinance）。衍生数据 — 非存储的 SEC-XBRL 概念。) | ≈$852.4K | · | · | · |
价值 · ≈ 5年均值 · 行业中值 · 相对于中值的评判
完整基本面 所有年度指标 — 损益表、资产负债表、现金流量表
损益表
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38M | $43M | $45M | $53M | $55M | $42M | $49M | $30M | $42M | $40M | $47M | $65M | |
| Cost of Revenue | $31M | $34M | $35M | $43M | $45M | $38M | $43M | $22M | $32M | $27M | $32M | $45M | |
| Gross Profit | $7M | $9M | $10M | $10M | $10M | $4M | $6M | $8M | $11M | $13M | $15M | $21M | |
| R&D Expense | $78.6K | $38.8K | $23.9K | $23.2K | $8M | $890.3K | $327.3K | $386.6K | $627.6K | $136.6K | $1M | $745.6K | |
| SG&A Expense | $19M | $5M | $6M | $4M | $9M | $955.2K | $5M | $5M | $5M | $4M | $5M | $2M | |
| Operating Expenses | $19M | $5M | $6M | $4M | $19M | $15M | $15M | $6M | $6M | $4M | $7M | $3M | |
| Operating Income | $-12M | $4M | $4M | $6M | $-9M | $-10M | $-9M | $2M | $5M | $9M | $8M | $17M | |
| Interest Expense | $279.6K | $290.4K | $301.5K | $476.2K | $740.4K | $300.1K | $443.3K | $626.3K | $551.0K | $470.7K | $410.5K | $547.6K | |
| Other Non-op | $-21M | $-3M | $6M | $1M | $251.3K | $-39.5K | $3.7K | $247.1K | $436.1K | $-318.5K | $1M | $397.6K | |
| Pretax Income | $-34M | $624.3K | $9M | $7M | $-8M | $-11M | $-9M | $2M | $4M | $8M | $9M | $18M | |
| Income Tax | $-3M | $3M | $2M | $3M | $2M | $-611.7K | $363.7K | $1M | $2M | $1M | $2M | $3M | |
| Net Income | $-31M | $-3M | $6M | $3M | $-11M | $-10M | $-6M | $2M | $4M | $4M | $8M | $14M | |
| EPS (Basic) | $-13.64 | $-7.66 | $80.69 | $121.21 | $-48.35 | $-52.93 | $-2.20 | · | · | · | · | · | |
| EPS (Diluted) | $-13.64 | $-7.66 | $80.69 | $120.10 | $-48.35 | $-52.93 | $-2.20 | · | · | · | · | · | |
| Shares (Basic) | 2,303,740 | 423,174 | 69,186 | 24,923 | 172,864 | 123,193 | 2,885,324 | · | · | · | · | · | |
| Shares (Diluted) | 2,303,740 | 423,174 | 69,186 | 25,154 | 172,864 | 123,193 | 2,885,324 | · | · | · | · | · | |
| EBITDA | $-12M | $4M | $2M | $5M | $-9M | $-10M | $-9M | $2M | $5M | $6M | $12M | $19M |
资产负债表
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $33M | $35M | $29M | $19M | $43M | $37M | $12M | $8M | $10M | $6M | $6M | $415.3K | |
| Receivables | $28M | $33M | · | · | · | · | · | · | $50M | $41M | $40M | $44M | |
| Inventory | $152.4K | $191.2K | $236.4K | $898.7K | $1M | $671.3K | $595.6K | $2M | $3M | $1M | $1M | $1M | |
| Prepaid Expense | $2M | $2M | $176.6K | $1M | $824.2K | $45.5K | $91.4K | $954.4K | $2M | · | · | · | |
| Other Current Assets | $203.4K | $160.2K | · | · | · | · | · | · | · | · | · | · | |
| Current Assets | $74M | $118M | $116M | $107M | $106M | $82M | $68M | $70M | $89M | $64M | $64M | $60M | |
| PP&E (Net) | $102.8K | $123.3K | $25.9K | $2M | $2M | $2M | $3M | $3M | $3M | $9M | $11M | $13M | |
| PP&E (Gross) | $338.8K | $352.0K | $254.4K | $7M | $8M | $8M | $8M | $8M | $17M | $15M | $16M | $17M | |
| Accum. Depreciation | $236.0K | $228.7K | $228.5K | $5M | $6M | $5M | $5M | $5M | $8M | $6M | $5M | $4M | |
| Goodwill | · | · | · | · | · | · | $0 | $9M | $9M | $0 | · | · | |
| Intangibles | $170.8K | $184.5K | $211.1K | $184.8K | $206.0K | $664.0K | $13M | $15M | $2M | $2M | $2M | $2M | |
| Other Non-current Assets | · | · | · | · | $27M | $32M | · | · | · | · | · | · | |
| Total Assets | $124M | $143M | $142M | $134M | $135M | $116M | $115M | $134M | $138M | $94M | $87M | $79M | |
| Accounts Payable | $477.8K | $358 | $851.4K | $2M | $2M | $2M | · | · | · | $2M | $3M | $4M | |
| Accrued Liabilities | · | · | · | · | · | · | · | · | · | · | $312.2K | $82.7K | |
| Current Liabilities | $11M | $12M | $18M | $14M | $22M | $17M | $19M | $22M | $27M | $14M | $14M | $16M | |
| Capital Leases | $745.1K | $919.8K | $1M | $1M | $223.3K | · | · | · | · | · | · | · | |
| Deferred Tax | · | · | · | $0 | $0 | $0 | $2M | $2M | · | · | · | · | |
| Total Liabilities | $14M | $15M | $19M | $18M | $22M | $17M | $21M | $24M | $29M | $14M | · | · | |
| Common Stock | · | · | · | $292.3K | $64.0K | $35.9K | $28.9K | $28.9K | $28.7K | $24.3K | $21.6K | $20.0K | |
| Retained Earnings | $17M | $49M | $45M | $39M | $37M | $45M | $52M | $58M | $56M | $53M | $48M | $41M | |
| AOCI | $-11M | $-12M | $-12M | $-8M | $1M | $-1M | $-8M | $-2M | $-1M | $-5M | $-262.9K | $4M | |
| Stockholders' Equity | $110M | $131M | $126M | $118M | $114M | $99M | $90M | $102M | $101M | $80M | $70M | $59M | |
| Liabilities + Equity | $124M | $143M | $142M | $134M | $135M | $116M | $115M | $134M | $138M | $94M | $87M | $79M | |
| Shares Outstanding | · | 1,132,658 | 94,925 | 1,217,906 | 266,640 | 3,589,409 | 28,853,242 | 28,853,242 | 28,703,242 | 24,311,935 | 21,600,000 | 20,000,000 |
现金流
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | · | · | · | · | · | · | · | · | · | · | $1M | $2M | |
| Stock-based Comp | · | · | $0 | $0 | $2M | $0 | · | · | · | · | · | · | |
| Deferred Tax | $-5M | $0 | $0 | $0 | $0 | $-2M | $-165.5K | $0 | $193.7K | $-98.5K | $0 | $329.6K | |
| Amort. of Intangibles | $21.3K | $21.1K | $10.9K | $8.1K | $472.1K | $441.5K | $441.5K | $443.3K | $201.6K | $6.8K | $9.8K | $216.1K | |
| Other Non-cash | · | · | · | · | · | · | · | · | · | · | $-5M | $-13M | |
| Operating Cash Flow | $-6M | $5M | $5M | $8M | $-8M | $14M | $15M | $15M | $2M | $-7M | $4M | $2M | |
| CapEx | $0 | $80.5K | $431 | $1.6K | $220.3K | $144.8K | $92.4K | $559.0K | $1M | $8.3K | $242.6K | $2M | |
| Investing Cash Flow | $-1M | $-3M | $-3M | $-45M | $524.1K | $-123.0K | $-6M | $-18M | $-3M | $-2M | $-7M | · | |
| Stock Issued | · | $2M | $6M | $10M | $19M | $9M | $0 | $0 | $6M | $8M | $6M | $0 | |
| Net Stock Activity | · | $2M | $6M | $10M | $19M | · | $0 | $0 | $6M | $8M | $6M | · | |
| Financing Cash Flow | $3M | $3M | $7M | $15M | $13M | $9M | $-5M | $-810.0K | $8M | $9M | $9M | · | |
| Net Change in Cash | $-2M | $6M | $10M | $-25M | $6M | $25M | $3M | $-4M | $7M | $-38.7K | $6M | $-1M | |
| Free Cash Flow | $-6M | $4M | $5M | $8M | $-8M | $14M | $15M | $14M | $2M | $-7M | $4M | $866.0K | |
| Levered FCF | $-6M | $5M | $5M | $8M | $-9M | $14M | $14M | $14M | $2M | $-7M | $4M | $407.3K |
盈利能力
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.6% | 20.8% | 21.5% | 18.9% | 18.9% | 10.6% | 12.1% | 27.2% | 24.8% | 28.4% | 28.7% | 31.5% | |
| Operating Margin | -31.8% | 9.3% | 3.9% | 8.6% | -15.4% | -24.5% | -18.1% | 8.0% | 10.7% | 13.2% | 17.4% | 26.2% | |
| Net Margin | -80.9% | -8.3% | 10.6% | 4.8% | -15.1% | -15.4% | -12.9% | 6.7% | 8.7% | 9.0% | 14.3% | 21.3% | |
| Pretax Margin | -87.3% | 1.5% | 15.6% | 10.7% | -14.9% | -25.1% | -18.9% | 6.9% | 10.5% | 12.5% | 19.2% | 26.8% | |
| EBITDA Margin | -31.8% | 9.3% | 3.9% | 8.6% | -15.4% | -24.5% | -18.1% | 8.0% | 10.7% | 13.2% | 19.8% | 28.5% | |
| ROA | -23.2% | -2.5% | 3.6% | 1.9% | -6.7% | -5.6% | -5.1% | 1.5% | 3.2% | 4.7% | 10.2% | 19.1% | |
| ROE | -25.7% | -2.8% | 4.1% | 2.2% | -7.8% | -6.9% | -6.6% | 1.9% | 4.2% | 5.7% | 13.1% | 26.7% | |
| ROIC | -10.2% | -12.1% | 0.99% | 1.8% | -9.6% | -9.9% | -10.3% | 1.1% | 3.0% | 6.0% | 11.6% | 24.2% |
流动性与偿付能力
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.6 | 10.0 | 6.6 | 7.9 | 4.9 | 4.9 | 3.6 | 3.2 | 3.3 | 4.5 | 4.6 | 3.7 | |
| Quick Ratio | 5.4 | 3.0 | 1.7 | 1.4 | 2.0 | 2.2 | 0.7 | 0.3 | 2.2 | 3.3 | 3.3 | 2.7 | |
| Interest Coverage | -43.7 | 13.7 | 4.4 | 7.6 | -11.5 | -34.5 | -20.1 | 3.8 | 8.4 | 13.1 | 24.8 | 31.4 |
效率
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.2 | 0.4 | 0.5 | 0.7 | 0.9 | |
| Inventory Turnover | 181.7 | 159.0 | 34.8 | 44.1 | 51.5 | 59.7 | 33.9 | 9.5 | 16.9 | 29.7 | 34.4 | 33.4 | |
| Receivables Turnover | 1.3 | · | · | · | · | · | · | · | 0.9 | 1.2 | 1.4 | 1.8 |
每股
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | · | $115.93 | $33.11 | $96.96 | $17.85 | $2.75 | $3.13 | $3.54 | $3.51 | $3.30 | $3.22 | $2.97 | |
| Revenue / Share | $16.65 | $101.47 | $17.10 | $53.16 | $13.32 | · | · | · | · | · | · | · | |
| Cash Flow / Share | $-2.52 | $9.42 | $1.90 | $8.24 | $-1.95 | · | · | · | · | · | · | · | |
| Cash / Share | · | $31.07 | $7.66 | $15.58 | $6.74 | $1.03 | $0.43 | $0.27 | $0.35 | $0.24 | $0.29 | $0.02 | |
| EPS (TTM) | $-13.64 | $-7.66 | $80.69 | $120.10 | $-48.35 | $-52.93 | $-2.20 | · | · | · | · | · |
估值 (TTM)
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $38M | $43M | $45M | $53M | $55M | $42M | $49M | $30M | $42M | $40M | $47M | $65M | |
| Net Income TTM | $-31M | $-3M | $6M | $3M | $-11M | $-10M | $-6M | $2M | $4M | $4M | $8M | $14M | |
| Market Cap | · | $10M | $181M | $105M | $28.26B | $475.52B | $501.35B | $481.96B | $710.92B | $471.46B | $1.09T | · | |
| P/E | -0.1 | -1.1 | 0.6 | 0.7 | -91.3 | -250.3 | -7898.2 | · | · | · | · | · | |
| P/S | · | 0.2 | 4.0 | 2.0 | 511.4 | 11246.1 | 10183.8 | 16303.8 | 16807.6 | 11815.3 | 23298.6 | · | |
| P/B | · | 0.1 | 1.4 | 0.9 | 247.3 | 4810.4 | 5559.1 | 4722.0 | 7051.9 | 5878.1 | 15661.0 | · | |
| P / Tangible Book | · | 0.1 | 1.4 | 0.9 | 247.8 | 4843.0 | · | · | · | · | · | · | |
| P / Cash Flow | · | 2.4 | 34.4 | 12.6 | -3493.0 | 33554.9 | 34112.9 | 32865.2 | 308555.2 | -67034.5 | 245074.9 | · | |
| P / FCF | · | 2.4 | 35.6 | 12.8 | -3400.4 | 33901.3 | 34328.6 | 34167.7 | 319979.7 | -66931.5 | 259201.2 | · | |
| Earnings Yield | -1364.0% | -90.8% | 169.5% | 139.7% | -1.1% | -0.40% | -0.01% | · | · | · | · | · |
每股
| 指标 | 趋势 | Q4 2021 | Q4 2019 | Q4 2015 |
|---|---|---|---|---|
| EPS (TTM) | $-48.35 | $-2.20 | · |
估值 (TTM)
| 指标 | 趋势 | Q4 2021 | Q4 2019 | Q4 2015 |
|---|---|---|---|---|
| Revenue TTM | $55M | $49M | $47M | |
| Net Income TTM | $-11M | $-6M | $8M | |
| P/E | -91.3 | -7898.2 | · | |
| Earnings Yield | -1.1% | -0.01% | · |
最近期在左侧 · 空值显示为 ·
财务报表 损益表、资产负债表、现金流量表 — 年度，近5年
| 指标 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| 收入 | $38M | $43M | $45M | $53M | $55M |
| 毛利率 % | 18.6% | 20.8% | 21.5% | 18.9% | 18.9% |
| 营业利润率 % | -31.8% | 9.3% | 3.9% | 8.6% | -15.4% |
| 净收入 | $-31M | $-3M | $6M | $3M | $-11M |
| 稀释后每股收益 (EPS) | $-13.64 | $-7.66 | $80.69 | $120.10 | $-48.35 |
| 指标 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| 流动比率 | 6.6 | 10.0 | 6.6 | 7.9 | 4.9 |
| 速动比率 | 5.4 | 3.0 | 1.7 | 1.4 | 2.0 |
| 指标 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| 自由现金流 | $-6M | $4M | $5M | $8M | $-8M |
机构持有人 (13F) 9 家申报者 · $61K 总计 · 截至 2026年6月30日
在其季度SEC表格13F中报告持有此股票的机构。仅限多头头寸；单个申报人可能因单独的期权腿而出现两次。 大的抵消性看跌/看涨腿通常反映做市或对冲库存，而非方向性判断。
持有人
9
持有价值
$61K
新仓位
6
已退出持仓
2
机构活动 — Q2 2026 与上一季度对比
| 新仓位 | 已退出持仓 | 增加 | 减少 | 净股数变动 |
|---|---|---|---|---|
| 6 (+3 与上一季度对比) | 2 (+1 与上一季度对比) | 2 (+1 与上一季度对比) | 1 (0 与上一季度对比) | +171K |
与Q1 2026对比。 SEC 13F表格的提交截止日期是季度末后45天，外加少量延迟提交的缓冲期——在此窗口期内的季度将被跳过，优先显示最近一个已完整报告的季度对。
| 机构 | 价值 | 股份 | % 已追踪的13F | 类型 |
|---|---|---|---|---|
| XTX Topco Ltd | $22717 | 59767 | 37.39% | 股份 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $14268 | 37537 | 23.48% | 股份 |
| JANE STREET GROUP, LLC | $11943 | 31421 | 19.65% | 股份 |
| Marex Group Ltd | $10733 | 28236 | 17.66% | 股份 |
| UBS Group AG | $682 | 1795 | 1.12% | 股份 |
| SBI Securities Co., Ltd. | $394 | 1036 | 0.65% | 股份 |
| Virtu Financial LLC | $16 | 42013 | 0.03% | 股份 |
| HRT FINANCIAL LP | $11 | 30173 | 0.02% | 股份 |
| Russell Investments Group, Ltd. | $0 | 1 | 0.00% | 股份 |
激进投资者及 5%+ 股东 1 持仓
提交了 SEC Schedule 13D 的投资者 — 持有超过 5% 的受益所有权，意图影响发行人（激进股东持股、董事会活动、并购）。每一行显示该申报人持仓的最新已知状态。
| 申报人 | 已申报 | 持股 | 状态 | 目的 | 申报 |
|---|---|---|---|---|---|
| Henglong Chen | 2016年5月11日 | · | 初始申报 | 被动投资 | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
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来源：SEC 20-F 于 五月 14, 2026 申报