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TH International Limited (THCH)
NASDAQ: THCH · Real-Time Price · USD
1.350
-0.010 (-0.74%)
Sep 14, 2026, 4:00 PM EDT - Market closed

TH International Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,1971,3161,3911,5601,011643.37
Revenue Growth
-10.83%-5.39%-10.82%54.29%57.15%203.36%
Gross Profit
465.15511.29486.34422.48155.2269.14
Operating Income
-260.38-250.56-288.65-540.09-565.13-371.92
Net Income
-508.38-434.49-412.08-876.25-742.65-381.72
Earnings Per Share
-15.64-13.36-12.70-28.41-28.99-15.70
EPS Growth
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Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
107.83134.67161.37225.72614.92395
Total Debt
1,9771,9691,8781,8081,771522.42
Net Cash (Debt)
-1,869-1,834-1,717-1,582-1,156-127.43
Net Cash Growth
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Net Cash Per Share
-57.51-56.40-52.91-51.30-45.14-5.24

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-0.89-12.71-39.67-196.13-286.93-244.97
Capital Expenditures
-65.62-65.62-102.84-291.67-334.93-335.32
Free Cash Flow
-66.51-78.33-142.51-487.8-621.86-580.28
Free Cash Flow Growth
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Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
38.87%38.85%34.96%27.08%15.35%10.75%
Operating Margin
-21.76%-19.04%-20.75%-34.62%-55.89%-57.81%
Pretax Margin
-42.43%-33.07%-32.94%-53.82%-73.66%-59.52%
Profit Margin
-42.48%-33.01%-29.62%-56.17%-73.45%-59.33%
FCF Margin
-5.56%-5.95%-10.24%-31.27%-61.50%-90.19%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
0.250.420.591.252.813.34