Zhongchao (ZCMD)
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Zhongchao Inc. is a China-focused healthcare technology company that operates through subsidiaries rather than directly through the offshore listed holding company. Its business is built around online medical education, healthcare information services, and patient-management tools, with a particular emphasis on oncology and other serious or chronic diseases.
The company is best known for its MDMOOC platform, which provides medical education and training content for physicians, pharmacists, nurses, and other healthcare professionals. These services help pharmaceutical companies, medical institutions, and non-profit organisations communicate clinical knowledge, disease awareness, and treatment-related information to professional audiences in China.
Zhongchao also offers patient-focused digital services through systems and WeChat mini programs, including Zhongxun and Zhongxin Health. These tools are designed to support patient education, follow-up, disease management, and engagement between patients, healthcare providers, and healthcare industry sponsors. The model places the company at the intersection of digital health, medical communications, and pharmaceutical services.
As a listed company, Zhongchao gives investors exposure to a niche part of China’s healthcare internet market, where demand is influenced by pharmaceutical marketing budgets, regulatory requirements, medical education needs, and the adoption of digital tools in patient care. Its scale and prospects depend on its ability to maintain relationships with pharmaceutical enterprises, healthcare professionals, and institutional clients while operating within China’s evolving healthcare and data-governance environment.
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Income Statement
| Line Item | 2025 Q4 | 2024 Q4 | 2023 Q4 | 2022 Q4 | 2021 Q4 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| EBITDA | 0 | 0 | 0 | 0 | 0 |
| Net income | — | — | — | — | — |
| Basic EPS | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — |
Balance Sheet
| Line Item | 2025 Q4 | 2024 Q4 | 2023 Q4 | 2022 Q4 | 2021 Q4 |
|---|---|---|---|---|---|
| Total assets | 24.15M | 25.88M | 24.42M | 38.61M | 36.27M |
| Total liabilities | 1.55M | 1.73M | 3.38M | 5.6M | 3.7M |
| Total equity | 22.6M | 24.15M | 21.04M | 33.02M | 32.57M |
| Cash & equivalents | 8.1M | 7.84M | 7.55M | 11.52M | 13.91M |
| Current assets | 16.96M | 18.71M | 18.71M | 22.7M | 27.25M |
| Current liabilities | 1.53M | 1.53M | 2.68M | 4.17M | 3.59M |
Cash Flow
| Line Item | 2025 Q4 | 2024 Q4 | 2023 Q4 | 2022 Q4 | 2021 Q4 |
|---|---|---|---|---|---|
| Operating cash flow | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — |
| Change in cash | — | — | — | — | — |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 424B4 — Zhongchao Inc. | View Filing | |
| edgar index | EFFECT — Zhongchao Inc. | View Filing | |
| edgar index | F-1/A — Zhongchao Inc. | View Filing | |
| edgar index | F-1 — Zhongchao Inc. | View Filing | |
| edgar index | 20-F — Zhongchao Inc. | View Filing | |
| edgar index | 3 — Zhongchao Inc. | View Filing | |
| form 3 | Form 3 — Vassily Kevin | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 3 — Zhongchao Inc. | View Filing | |
| form 3 | Form 3 — General John Conrad | View Filing | |
| edgar index | 3 — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 3 — Zhongchao Inc. | View Filing | |
| edgar index | 3 — Zhongchao Inc. | View Filing | |
| form 3 | Form 3 — Yang Weiguang | View Filing | |
| form 3 | Form 3 — Yang Weiguang | View Filing | |
| form 3 | Form 3 — Yang Weiguang | View Filing | |
| form 3 | Form 3 — LI DAN | View Filing | |
| form 3 | Form 3 — Xu Pei | View Filing | |
| edgar index | DRS — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 20-F/A — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | SCHEDULE 13D/A — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | S-8 — Zhongchao Inc. | View Filing | |
| edgar index | S-8 — Zhongchao Inc. | View Filing | |
| edgar index | EFFECT — Zhongchao Inc. | View Filing | |
| edgar index | CORRESP — Zhongchao Inc. | View Filing | |
| edgar index | CORRESP — Zhongchao Inc. | View Filing | |
| edgar index | F-3/A — Zhongchao Inc. | View Filing | |
| edgar index | UPLOAD — Zhongchao Inc. | View Filing | |
| edgar index | EFFECT — Zhongchao Inc. | View Filing | |
| edgar index | CORRESP — Zhongchao Inc. | View Filing | |
| edgar index | CORRESP — Zhongchao Inc. | View Filing | |
| edgar index | F-3/A — Zhongchao Inc. | View Filing | |
| edgar index | 20-F — Zhongchao Inc. | View Filing | |
| edgar index | UPLOAD — Zhongchao Inc. | View Filing | |
| edgar index | F-3/A — Zhongchao Inc. | View Filing | |
| edgar index | CORRESP — Zhongchao Inc. | View Filing | |
| edgar index | UPLOAD — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | F-3 — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 424B5 — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | UPLOAD — Zhongchao Inc. | View Filing | |
| edgar index | F-3 — Zhongchao Inc. | View Filing | |
| edgar index | 20-F — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 20-F — Zhongchao Inc. | View Filing | |
| edgar index | NT 20-F — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 6-K — Zhongchao Inc. | View Filing | |
| edgar index | 20-F — Zhongchao Inc. | View Filing | |
| edgar index | NT 20-F — Zhongchao Inc. | View Filing |