U.S.-China Trade War
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CORRECTION – Cheetah Net Supply Chain Service Inc. Announces Third Quarter 2025 Results
Globenewswire· 2025-11-08 00:00
Core Insights - Cheetah Net Supply Chain Service Inc. reported a revenue of $361,935 for Q3 2025, with a significant operating loss of $1,564,479, which includes an impairment loss of $731,307 on intangible assets and goodwill [2][4][9] - The company experienced a net loss of $1,314,650 for the quarter, marking a 27.6% decrease compared to the same period in 2024 [2][12] - Ongoing trade tensions and tariff issues have adversely affected logistics and warehousing demand, leading to a slower-than-expected recovery in the sector [3][5] Financial Performance - Revenue from logistics and warehousing services for Q3 2025 was $361,935, with $41,935 (11.6%) from Edward Transit Express Group and $320,000 (88.4%) from TW & EW Services Inc. [4] - The cost of revenue was reported at $317,757, resulting in a gross profit of $44,178 for the quarter [6][33] - General and administrative expenses decreased by 27.3% to $801,263, primarily due to cost-saving measures and staff optimization [7][17] Impairment and Losses - The company recognized an impairment loss of $731,307 for Q3 2025, attributed to the acquisition of Edward, following a qualitative and quantitative assessment of market conditions [9][18] - Share-based compensation expenses decreased significantly by 70.9% to $76,087 for the quarter [10] - The net loss from continuing operations for the nine months ended September 30, 2025, was $2,581,087, compared to a net loss of $1,710,581 for the same period in 2024 [22][24] Interest Income and Expenses - Interest income from continuing operations increased significantly to $244,776 for Q3 2025, up 176.7% from $88,460 in Q3 2024 [11][33] - Interest expenses slightly decreased to $7,849 for Q3 2025, down 6.9% from $8,435 in Q3 2024 [12][33] Liquidity and Cash Flow - As of September 30, 2025, the company had current assets of $9.7 million and current liabilities of approximately $1.3 million [26][27] - The company reported a net cash flow of $0.7 million from operating activities during the nine months ended September 30, 2025 [27][34] - Total stockholders' equity decreased to $10.1 million as of September 30, 2025, compared to $12.6 million at the end of 2024 [27][30]
Cheetah Net Supply Chain Service Inc. Announces Third Quarter 2025 Results
Globenewswire· 2025-11-07 21:10
Core Insights - Cheetah Net Supply Chain Service Inc. reported a significant revenue increase of 491.3% year-over-year for Q3 2025, totaling $361,935, despite facing ongoing challenges from tariff issues and trade tensions [2][3][4]. Financial Performance - The operating loss for Q3 2025 was $1,314,650, which included an impairment loss of $731,307 on intangible assets and goodwill [2][9]. - Interest income rose to $244,776 in Q3 2025, a 176.7% increase compared to $88,460 in Q3 2024, primarily due to interest from short-term loans and certificates of deposit [11]. - General and administrative expenses decreased by 27.3% to $801,263 in Q3 2025, down from $1,102,454 in Q3 2024, attributed to cost-saving measures and staff optimization [7][17]. Business Operations - Revenue from Edward Transit Express Group Inc. decreased by 31.5% to $41,935 in Q3 2025, primarily due to reduced customer demand stemming from U.S.-China trade tensions [4][5]. - The company aims to improve operational efficiencies and expand market presence in California for its acquired businesses [6]. Impairment and Costs - The impairment loss of $731,307 was recognized due to the fair value of Edward being lower than its carrying amount, following a qualitative assessment of market conditions [9][19]. - The total cost of revenues for the nine months ended September 30, 2025, increased to $1,060,526, a 787.9% rise from $119,437 in the same period in 2024, largely due to contributions from TWEW [16]. Liquidity and Cash Flow - As of September 30, 2025, the company had current assets of $9.7 million and current liabilities of approximately $1.3 million, indicating a healthy liquidity position [27]. - The company reported a net cash flow of $0.7 million from operating activities during the nine months ended September 30, 2025 [28].
How a Dutch Auto Chip Maker Got Caught Up in the U.S.-China Trade War
Barrons· 2025-11-06 17:55
Core Viewpoint - The Dutch government's repossession of Nexperia, a major auto chip manufacturer, from its Chinese parent company is causing significant disruptions in the auto industry [1] Group 1: Impact on the Auto Industry - The repossession of Nexperia is leading to widespread challenges across the automotive sector, affecting supply chains and production capabilities [1]
Cooking Oil Is the New Front in the U.S.-China Trade War. Who Might Benefit.
Barrons· 2025-10-16 19:44
Core Insights - The article discusses the significant international trade in cooking oil, highlighting that it extends beyond the typical culinary uses of oil in kitchens [1] Industry Overview - The cooking oil trade is a major component of global agricultural markets, indicating its importance in international commerce [1] Market Dynamics - The article suggests that the cooking oil market is influenced by various factors, including supply chain logistics and global demand trends [1]
Oil Prices Plunge on U.S.-China Trade War Tit-for-Tat
Yahoo Finance· 2025-10-14 11:35
Core Viewpoint - Oil prices have declined by more than 2% due to renewed concerns over the U.S.-China trade war potentially slowing the global economy [1][5]. Oil Prices - WTI Crude fell to $58.12 per barrel, down by 2.30% [1]. - Brent Crude was trading at $61.94, down by 2.181% [2]. Market Sentiment - Initial stabilization in oil prices was observed due to hopes for improved diplomatic relations between the U.S. and China, but trade tensions resurfaced after China sanctioned five U.S. subsidiaries of Hanwha Ocean [3][4]. - The sanctions prohibit Chinese entities from conducting business with the affected U.S. companies, effective immediately [4]. Trade Relations - The recent trade escalation follows China's imposition of enhanced export controls on rare earths and related technologies [5]. - Despite President Trump's intention to meet with President Xi Jinping, renewed tensions have raised concerns about global economic impacts and oil demand [5]. Market Analysis - The decline in crude oil prices is attributed to fading risk appetite and renewed selling in U.S. equities, driven by concerns over the trade war's effects on corporate results and fears of an AI bubble [6]. - Analysts suggest that only an escalation involving Russia could prevent further price declines, particularly for Brent Crude below $60 [6].