TH International Limited (THCH)
NASDAQ: THCH · Real-Time Price · USD
1.590
-0.100 (-5.92%)
Jun 26, 2026, 2:04 PM EDT - Market open

TH International Income Statement

Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
1,2721,3161,3911,5601,011643.37
Revenue Growth (YoY)
-6.44%-5.39%-10.82%54.30%57.15%203.36%
Cost of Revenue
1,0981,1281,2151,4651,050709.87
Gross Profit
174.6187.73176.2994.77-39.12-66.5
Selling, General & Admin
256.41267.8275.17421.94370.56225.28
Depreciation & Amortization Expenses
101.16107.93129.61138.73118.6662.68
Other Operating Expenses
126.73129.35120.58202.0252.8420.01
Total Operating Expenses
484.3505.08525.37762.69542.06307.97
Operating Income
-304.33-317.35-349.08-667.93-581.18-374.46
Interest Income
3.833.533.214.182.70.32
Interest Expense
-17.06-16.68-22.45-20.42-14.8-1.9
Other Non-Operating Income (Expense)
-168.11-104.82-89.99-165.4735.13-6.88
Total Non-Operating Income (Expense)
-181.34-117.98-109.23-171.7123.03-8.47
Pretax Income
-376.39-435.33-458.31-839.63-558.15-382.93
Provision for Income Taxes
0.480.482.120.1--
Net Income
-258.96-435.81-460.43-839.73-558.15-382.93
Minority Interest in Earnings
0.22-1.323.13.322.11.21
Earnings From Discontinued Operations
--51.44-33.2--
Net Income to Common
-259.18-434.49-412.08-876.25-560.25-381.72
Shares Outstanding (Basic)
333332312624
Shares Outstanding (Diluted)
333332312624
Shares Change (YoY)
0.11%0.23%5.21%20.37%5.36%13.93%
EPS (Basic)
-14.95-13.36-12.70-28.41-28.99-15.70
EPS (Diluted)
-14.95-13.36-12.70-28.41-28.99-15.70
Free Cash Flow
-36.03-78.33-142.51-487.8457.82-580.28
Free Cash Flow Per Share
-1.11-2.41-4.39-15.8217.87-23.86
Gross Margin
13.72%14.26%12.67%6.07%-3.87%-10.34%
Operating Margin
-23.92%-24.11%-25.09%-42.82%-57.48%-58.20%
Profit Margin
-20.36%-33.11%-33.10%-53.83%-55.20%-59.52%
FCF Margin
-2.83%-5.95%-10.24%-31.27%45.28%-90.19%
EBITDA
-304.33-170.56-179.4-504.78-447.78-300.19
EBITDA Margin
-23.92%-12.96%-12.90%-32.36%-44.29%-46.66%
EBIT
-304.33-317.35-349.08-667.93-581.18-374.46
EBIT Margin
-23.92%-24.11%-25.09%-42.82%-57.48%-58.20%
Effective Tax Rate
-0.13%-0.11%-0.46%-0.01%0.00%0.00%
SEC Filings: 10-K · 10-Q