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THE CHINA PROJECT

Operating

SupChina Inc

Industrial · Founded 2015

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Independent news & data provider that helps the world understand China better

Post-money valuation ⓘ
$42.4M
As of Oct 2023 · from CHINA PROJECT Common Stock 1 · pre-money + amount raised, not a traded price
Total raised
$2,474,087
Across 2 rounds since 2021
Latest share price
$2.54
CHINA PROJECT Common Stock 1 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$503K
−$1.6M
2019
$531K
−$1.6M
2020
$1.1M
−$1.1M
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
FY2020
FY2021
Income statement
Revenue
$503,288
$531,220
$1,078,197
Cost of goods sold
$80,068
$15,885
$18,876
Gross margin
84%
97%
98%
Net income
-$1,613,480
-$1,595,499
-$1,133,057
Taxes paid
$4,793
$0
$0
Balance sheet
Cash
$294,535
$303,707
$934,954
Accounts receivable
$90
$90
$7,364
Total assets
$301,906
$310,163
$948,054
Short-term debt
$1,501,654
$2,351,474
$2,079,171
Long-term debt
$4,405,366
$5,159,303
$6,398,763
Total liabilities
$5,907,020
$7,510,777
$8,477,934
Other
Headcount
—
12
18

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$42.4M
post-money
CHINA PROJECT Common Stock 1

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

CHINA PROJECT Common Stock 1ClosedReg CF · Common Equity · via WeFunder
Raised $996.7K / $3.5MInvestors 57Post-money $42.4M
Reg CF Offering (2021)ClosedReg CF · Common Equity · via DALMORE GROUP LLC
Raised $1.5M / $5M

Team

3 people
Bob Guterma
CEO
Anla Cheng
Chair, TCP
Tak-Chuen (Clarence) Kwan
Board Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 5 annual reports (FY2021–FY2025)

57 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-TRFeb 8, 20240001886150-24-000002
    EDGAR
  • Form C/AApr 27, 20230001670254-23-000427
    EDGAR
  • Form CDec 2, 20220001670254-22-001227
    EDGAR
  • Form C-AR/ASep 19, 20220001644600-22-000114
    EDGAR
  • Form C-ARSep 19, 20220001644600-22-000112
    EDGAR
  • Form C-UMay 2, 20220001644600-22-000065
    EDGAR
  • Form COct 26, 20210001644600-21-000125
    EDGAR
Source: ManualCIK 0001886150Share price $2.54

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.