Revenue generation is entirely dependent on non-interest fee income, yet the company recorded a 70.4% efficiency ratio in 2025Q4, reflecting significant operational instability.
| Metric | TTM | Jul'25 | Jul'24 | Jul'23 | Jul'22 | Jul'21 | Jul'20 | Jul'19 | Jul'18 | Jul'17 | Jul'16 | Jul'15 | Jul'14 | Jul'13 | Jul'12 |
|---|
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| NII Growth % | 0% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Interest Margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.39K | 0 | 0 | 0 | 0 |
| Loan Loss Provision | 13.03M | 8.83M | 7.56M | 456.49K | 478.52K | 0 | 0 | 0 | 0 | 0 | -1.39K | 0 | 0 | 0 | 0 |
| Non-Interest Income | 14.29M | 9.28M | 8.62M | 452.41K | 752.84K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | - | - | - | - | - | - | - | - | - | - |
| Total Revenue | 14.29M | 9.28M | 8.62M | 452.41K | 752.84K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | 228.84% | 7.73% | 1804.69% | -39.91% | - | - | - | - | - | - | - | - | - | - | - |
| Non-Interest Expense | 3.34M | 3.16M | 886.88K | 339.91K | 82.5K | 63K | 73.85K | 88.02K | 96.75K | 162.15K | 315.58K | 90.43K | 356.34K | 55.71K | 10K |
| Efficiency Ratio | 23.41% | 34.02% | 10.29% | 75.13% | 10.96% | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -2.09M | -2.71M | 168.3K | -344K | 191.82K | -63K | -73.85K | -88.02K | -96.75K | -162K | -316K | -90.43K | -356K | -70.71K | -10K |
| Operating Margin % | -14.62% | -29.17% | 1.95% | -76.04% | 25.48% | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | - | -1708.95% | 148.93% | -279.34% | 404.46% | 14.69% | 16.1% | 9.02% | 40.28% | 48.73% | -249.45% | 74.6% | -403.49% | -607.06% | - |
| Pretax Income | -2.09M | -2.68M | 146.23K | -344K | 191.82K | -74.38K | -73.85K | -88.02K | -96.75K | -162K | -316K | -90.43K | -355K | -70.11K | -10K |
| Pretax Margin % | -14.62% | -28.88% | 1.7% | -76.04% | 25.48% | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 11.55K | 5.83K | 35.91K | 12.1K | 31.65K | 0 | 0 | 0 | 0 | 0 | 0 | 867.62K | -900 | -600 | 0 |
| Effective Tax Rate % | -0.55% | -0.22% | 24.56% | -3.52% | 16.5% | 0% | 0% | 0% | 0% | 0% | 0% | -959.45% | 0.25% | 0.86% | 0% |
| Net Income | -2.11M | -2.69M | 54.45K | -341K | 144.15K | -74.38K | -73.85K | -88.02K | -96.75K | 37.88K | -684K | -1.02M | -355K | -70.11K | -10K |
| Net Margin % | -14.74% | -28.94% | 0.63% | -75.37% | 19.15% | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | -88.88% | -5033.62% | 115.97% | -336.56% | 293.79% | -0.73% | 16.1% | 9.02% | -355.41% | 105.54% | 32.9% | -187.14% | -406.38% | -601.06% | - |
| Net Income (Continuing) | -2.12M | -2.69M | 110.32K | -356K | 160.17K | -74.38K | -73.85K | -88.02K | -96.75K | -162K | -316K | -1.02M | -355K | -70.11K | -10K |
| EPS (Diluted) | -0.58 | -1.19 | 0.04 | -0.70 | 0.70 | -0.21 | -0.10 | -0.12 | -0.13 | 0.20 | -7.14 | -13.16 | -4.76 | -1.19 | -0.47 |
| EPS Growth % | -64.15% | -3369.23% | 105.2% | -200% | 432.23% | -106.16% | 16.09% | 8.9% | -165.41% | 102.86% | 45.74% | -176.47% | -300% | -154.87% | - |
| EPS (Basic) | - | -1.19 | 0.04 | -0.70 | 0.70 | -0.21 | -0.10 | -0.12 | -0.13 | 0.20 | -7.14 | -13.16 | -4.76 | -1.19 | -0.47 |
| Diluted Shares Outstanding | 3.62M | 2.18M | 1.51M | 473.57K | 350.02K | 352.71K | 720.96K | 722.14K | 722.14K | 185.29K | 96.02K | 77.59K | 74.96K | 59.74K | 21.43K |
Regulatory delisting and insolvency
As reported in financial statements, CIIT generates 100% of its revenue from non-interest fee-based activities, reflecting a total absence of net interest income and highlighting the company's reliance on transactional service flows rather than a traditional interest-bearing asset base to sustain its current listing status.
The consistent 100% fee-based revenue composition confirms that CIIT functions as a shell entity rather than a depository institution. Investors should note that this revenue stream appears highly volatile and lacks the recurring characteristics typically associated with sustainable financial services models.
Based on reported figures, the efficiency ratio has fluctuated significantly, reaching a high of 70.4% in 2025Q4, which suggests that the company's non-interest expenses are disproportionately high relative to its limited revenue generation capacity during periods of operational transition or strategic inactivity.
The extreme volatility in the efficiency ratio indicates a lack of scalable operating leverage, as fixed costs associated with maintaining a public listing continue to weigh on the bottom line. This suggests that the company is currently unable to optimize its cost structure without a fundamental change in its business model.
According to recent SEC filings, CIIT consistently records provision expenses that nearly mirror its total revenue, such as the $3.6 million provision against $4.3 million in revenue in 2026Q3, indicating that the company is aggressively accounting for potential credit losses or asset impairments.
The high ratio of provision expense to total revenue implies that the underlying assets or receivables are of questionable quality and carry significant risk. This pattern warrants further investigation into whether these provisions are necessary to offset the deterioration of legacy assets or if they reflect a conservative accounting posture.
As indicated by the historical income statement data, the company's erratic net income, which swung from a $1.5 million loss in 2025Q4 to a $48.7K profit in 2026Q3, suggests that earnings are driven by non-recurring adjustments rather than sustainable operational performance or core business growth.
The lack of net interest income and the reliance on volatile fee-based revenue streams suggest that the company's earnings quality is poor and highly sensitive to accounting treatments. Investors should monitor the sustainability of these results, as they appear to be disconnected from any identifiable long-term value creation strategy.
Quick answers to the most common questions about buying CIIT stock.
Tianci International, Inc. (CIIT) reported a net loss of $2.7M for the fiscal year ending 2025.
Tianci International, Inc. (CIIT) reported an operating income of $-2.7M, resulting in an operating profit margin of -29.2%. This margin reflects the operational efficiency of the business before interest and taxes.
Tianci International, Inc. (CIIT) generated $0.5M in gross profit for the year, representing a gross profit margin of 4.8%. This demonstrates the company's core pricing power and production efficiency.