TH International Limited (THCH)
NASDAQ: THCH · Real-Time Price · USD
1.245
+0.095 (8.26%)
At close: Aug 25, 2026, 4:00 PM EDT
1.260
+0.015 (1.20%)
After-hours: Aug 25, 2026, 6:11 PM EDT
TH International Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 959.61 | 1,068 | 1,188 | 1,390 | 938.1 | 617.23 |
Other Revenue | 236.99 | 248.03 | 202.86 | 170.37 | 72.97 | 26.15 |
| 1,197 | 1,316 | 1,391 | 1,560 | 1,011 | 643.37 | |
Revenue Growth | -10.83% | -5.39% | -10.82% | 54.29% | 57.15% | 203.36% |
Cost of Revenue | 731.45 | 804.91 | 904.81 | 1,138 | 855.84 | 574.23 |
Gross Profit | 465.15 | 511.29 | 486.34 | 422.48 | 155.22 | 69.14 |
Selling, General & Admin | 386.87 | 398.45 | 394.34 | 538.39 | 444.18 | 263.88 |
Other Operating Expenses | 243.88 | 255.47 | 251.03 | 285.46 | 157.51 | 114.49 |
Operating Expenses | 725.53 | 761.85 | 774.99 | 962.57 | 720.35 | 441.06 |
Operating Income | -260.38 | -250.56 | -288.65 | -540.09 | -565.13 | -371.92 |
Interest Expense | -16.51 | -16.68 | -22.45 | -20.42 | -14.8 | -1.9 |
Interest & Investment Income | 3.99 | 3.53 | 3.2 | 14.18 | 2.7 | 0.32 |
Currency Exchange Gain (Loss) | -3.25 | -1.12 | 3.48 | -16.77 | -6.28 | -1.3 |
Other Non Operating Income (Expenses) | - | - | - | -64.31 | -140.69 | - |
EBT Excluding Unusual Items | -276.15 | -264.83 | -304.41 | -627.41 | -724.2 | -374.8 |
Gain (Loss) on Sale of Assets | -4.6 | -6.47 | -4.15 | -16.4 | -8.84 | -1.55 |
Asset Writedown | -49.67 | -60.32 | -56.29 | -111.43 | -7.22 | -1 |
Other Unusual Items | -177.24 | -103.71 | -93.47 | -84.39 | -4.49 | -5.58 |
Pretax Income | -507.66 | -435.33 | -458.31 | -839.63 | -744.75 | -382.93 |
Income Tax Expense | -0 | 0.48 | 2.12 | 0.1 | - | - |
Earnings From Continuing Operations | -507.66 | -435.81 | -460.43 | -839.73 | -744.75 | -382.93 |
Earnings From Discontinued Operations | - | - | 51.44 | -33.2 | - | - |
Net Income to Company | -507.66 | -435.81 | -408.99 | -872.93 | -744.75 | -382.93 |
Minority Interest in Earnings | -0.72 | 1.32 | -3.1 | -3.32 | 2.1 | 1.21 |
Net Income | -508.38 | -434.49 | -412.08 | -876.25 | -742.65 | -381.72 |
Net Income to Common | -508.38 | -434.49 | -412.08 | -876.25 | -742.65 | -381.72 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 33 | 33 | 32 | 31 | 26 | 24 |
Shares Outstanding (Diluted) | 33 | 33 | 32 | 31 | 26 | 24 |
Shares Change | -0.08% | 0.23% | 5.21% | 20.37% | 5.36% | 13.93% |
EPS (Basic) | -15.64 | -13.36 | -12.70 | -28.41 | -28.99 | -15.70 |
EPS (Diluted) | -15.64 | -13.36 | -12.70 | -28.41 | -28.99 | -15.70 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -66.51 | -78.33 | -142.51 | -487.8 | -621.86 | -580.28 |
Free Cash Flow Per Share | -2.05 | -2.41 | -4.39 | -15.82 | -24.27 | -23.86 |
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% |
Profit Margin | -42.48% | -33.01% | -29.62% | -56.17% | -73.45% | -59.33% |
Free Cash Flow Margin | -5.56% | -5.95% | -10.24% | -31.27% | -61.50% | -90.19% |
EBITDA | -127.29 | -103.77 | -118.97 | -376.94 | -431.72 | -297.64 |
EBITDA Margin | -10.64% | -7.88% | -8.55% | -24.16% | -42.70% | -46.26% |
D&A For EBITDA | 133.09 | 146.8 | 169.68 | 163.15 | 133.4 | 74.28 |
EBIT | -260.38 | -250.56 | -288.65 | -540.09 | -565.13 | -371.92 |
EBIT Margin | -21.76% | -19.04% | -20.75% | -34.62% | -55.89% | -57.81% |
Revenue as Reported | 1,197 | 1,316 | 1,391 | 1,560 | 1,011 | 643.37 |