CHEETAH NET SUPPLY CHAIN SERVICE INC.
Analysis for Ticker: CTNT
Cheetah Net Supply Chain Service Inc is a logistical service provider that built its identity on the parallel import of luxury vehicles like Mercedes and Porsche from the United States to China. The business model is an optical illusion that collapsed when vehicle sales plummeted from three hundred three units in 2023 to a mere fourteen units in 2024. The company is currently incinerating capital to stay alive while the people in charge move money across borders. To a child this looks like a toy store that stops selling toys but keeps asking for more allowance to buy a new store that also has no toys. The math is a disaster because the real money is vanishing into unsecured loans while the shareholders are handed billions of pieces of paper that lose value every time the printing press turns on.