YOLFTbeta
TH International Limited

TH International Limited

THCH · NASDAQ · Consumer Cyclical / Restaurants

1.17USD-0.07 (-6.05%)

Price History

Full chart

Market Stats

Previous Close1.24
Open1.22
Day Range1.17 – 1.22
52-Week Range1.09 – 3.25
Volume2.39K
Market Cap40.37M
P/E (TTM)0.00
Forward P/E0.00
EPS-2.33
Dividend Yield0.00%
Beta0.48
50-Day Avg1.49
200-Day Avg1.89

About

TH International Limited, together with its subsidiaries, develops, operates, and franchises coffee shops under the Tim Hortons brand in Mainland China, Hong Kong, and Macau. The company's stores offer coffee, alternative beverages, sandwiches, and baked goods. TH International Limited was founded in 2018 and is headquartered in Shanghai, the People's Republic of China.

Company Details

  • SectorConsumer Cyclical
  • IndustryRestaurants
  • CEOMr. Kwok Wah Cheung
  • Employees1.54K
  • Headquarters2501 Central Plaza, Shanghai, China, 200003, USA
  • Websitehttps://www.timschina.com

Leadership

  • Mr. Dong LiChief Financial Officer · b. 1977
  • Mr. Kwok Wah CheungChief Executive Officer · b. 1965
  • Patty YuPublic & Media Relations Manager

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue57.26M212.08M643.37M1.01B1.56B1.39B1.28B
Growth (%)-+270.41%+203.36%+57.15%+54.29%-10.82%-7.97%
Cost of Revenue74.40M205.47M629.57M978.01M1.40B1.18B1.20B
Gross Profit-17.15M6.62M13.81M33.05M156.34M213.56M77.62M
Gross Margin-29.95%3.12%2.15%3.27%10.02%15.35%6.06%
Operating Expense74.11M147.79M385.72M598.18M696.43M502.21M324.72M
Operating Income-91.26M-141.17M-371.92M-565.13M-540.09M-288.65M-247.10M
Operating Margin-159.38%-66.56%-57.81%-55.89%-34.62%-20.75%-19.30%
EBITDA-79.13M-115.22M-306.75M-596.54M-656.06M-266.19M-302.25M
EBITDA Margin-138.20%-54.33%-47.68%-59.00%-42.06%-19.13%-23.61%
Net Income-87.65M-142.00M-381.72M-742.65M-876.25M-412.08M-422.65M
Net Income Margin-153.09%-66.95%-59.33%-73.45%-56.17%-29.62%-33.01%
Interest Expense2.27M511.39K1.90M14.80M20.43M22.45M16.22M
Interest Expense % of Total Revenue3.97%0.24%0.30%1.46%1.31%1.61%1.27%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets444.00M580.36M1.28B2.64B2.22B1.56B1.18B
Total Liabilities65.52M147.31M945.80M2.53B2.64B2.40B2.41B
Total Equity366.77M428.29M335.54M108.85M-427.21M-840.89M-1.24B
Cash260.44M174.87M390.84M239.08M202.31M152.37M121.79M
Total Debt--522.42M1.77B1.81B1.88B1.97B
Net Debt-260.44M-174.87M131.59M1.53B1.61B1.73B1.85B

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-77.12M-145.77M-244.97M-286.93M-196.13M-39.67M-12.71M
Investing Cash Flow-56.09M-144.75M-335.28M-705.17M60.00M-8.04M-62.83M
Financing Cash Flow212.80M221.12M798.00M827.16M80.83M26.00M21.70M
Capital Expenditure56.09M144.75M335.32M334.93M292.40M102.84M65.62M
Free Cash Flow-133.22M-290.52M-580.28M-621.86M-488.53M-142.51M-78.33M
Dividends Paid--285.96M----
FCF to OCF172.74%199.30%236.88%216.73%249.09%359.26%616.41%
Dividend Paid to FCF---49.28%----

Earnings

Report DateDec 23, 2020Mar 29, 2021May 25, 2021Aug 16, 2021Nov 12, 2021Mar 30, 2022May 16, 2022Aug 12, 2022Nov 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Nov 29, 2023Jun 5, 2024Aug 29, 2024Nov 12, 2024Jun 3, 2025Aug 28, 2025Dec 9, 2025Jun 23, 2026Aug 18, 2026
EPS Estimate0.000.00------0.00------------
EPS Actual0.000.200.20-0.290.06-0.010.070.41-1.31-1.13-0.91-1.04-0.70-0.12-0.04-0.08-0.56-0.32-0.31-0.99-0.25
Surprise---------------------
Timing-------Pre-market-----Pre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap40.37M
Enterprise Value320.34M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.03
Price / Book16.78
EPS-2.33
Book Value-6.08
Revenue (TTM)1.20B
Gross Profit (TTM)465.15M
EBITDA-127.29M
Profit Margin-42.49%
Operating Margin-19.40%
Return on Equity-972.66%
Return on Assets-13.49%
Shares Outstanding32.04M
Shares Float8.69M
Beta0.48
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
58.76%
Insiders
12.38%
Retail / Other
28.86%

Top Institutional Holders

  • HSG Holding Ltd
    2.90M9.05%
  • Zazove Associates LLC
    200.28K0.63%
  • SONA ASSET MANAGEMENT (US) LLC
    100.00K0.31%
  • Citadel Advisors Llc
    60.53K0.19%
  • Susquehanna International Group, LLP
    24.87K0.08%
  • LMR Partners LLP
    21.73K0.07%
  • Neuberger Berman Group LLC
    19.94K0.06%
  • Geode Capital Management, LLC
    18.72K0.06%
  • Shaolin Capital Management LLC
    12.60K0.04%
  • Royal Bank of Canada
    6.00K0.02%
  • Integrated Wealth Concepts LLC
    5080.00%
  • UBS Group AG
    2080.00%
  • JPMorgan Chase & Co
    960.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    18.72K0.06%
  • Stork Fund Dynamic MultiStrategies O EUR
    7080.00%
  • Cigogne UCITS M&A Arbitrage C1
    5710.00%

Stock Splits

  • Jan 13, 20251:5