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$1.35
-48.86% 1Y
Mkt Cap$43.25M
P/E-0.58
P/B-0.22
52W High$2.74
52W Low$1.12
Book Value$-6.08
EPS (TTM)$-2.33

Company Overview

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.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 35.0%, reflecting efficient use of shareholder capital.

Recent Developments

  • Dec 2025 Revenue of $1.32B (-5.4% YoY); net profit $-434.49M.
  • Trailing 12 Months Year-on-year growth — revenue -21.7%.
  • 5-Year Trend Long-term compounding — revenue CAGR 9.2%.

Growth & Price Performance

Compounded Sales Growth

5 Years:9.19%
1 Year:-21.70%

Stock Price Performance

1 Year:-48.86%
6 Months:-33.17%
3 Months:-24.79%
1 Month:-23.73%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 14% of range
$1.12 $2.74
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)43.81 · Neutral
Price Performance
1M-23.73%
3M-24.79%
6M-33.17%
1Y-48.86%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 35.0%.

CONS

  • Trading 50.7% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-0.58
Industry PE
18.98
Forward P/E
-0.22
PEG Ratio
-
Book Value
$-6.08
Price to Book
-0.22
P/S
0.04
EV/EBITDA
-15.09
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
9.19%
Profit 5Y
-
Revenue (YoY)
-21.70%
Earnings (YoY)
-

Profitability & Returns

ROCE
-143.66%
ROE
34.96%
ROA
-13.49%
Profit Margin
-42.49%
Op Margin
-19.40%
Gross Margin
38.87%
EPS (Latest Qtr)
$-3.38
EPS (TTM)
$-2.33

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
0.11
Current Ratio
0.28
Debt
$1.98B
Total Assets
$1.06B
Current Assets
$284.66M
Working Capital
$-675.64M

Ownership

Promoter Holding
11.96%
Chg in Prom Hold
-
FII / Inst Holding
58.76%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$43.25M
Total Revenue (TTM)
$1.20B
EBITDA
$-127.29M
Free Cash Flow
$-82.55M
Operating Cash Flow
$-888.84K
Shares Outstanding
32.04M
Gross Margin
38.87%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 THCH TH International Limited 1.35 -0.58 $43.25M 0.00% -143.66% 34.96% 9.19% -
2 AMZN Amazon.com, Inc. NDXSPXR3KAITECH 256.97 20.66 $2.77T 0.00% 13.33% 30.56% 24.04% 32.72%
3 TSLA Tesla, Inc. NDXSPXR3KAI 368.16 347.32 $1.45T 0.00% 4.10% 4.67% 52.40% 39.39%
4 HD The Home Depot, Inc. SPXR3K 313.70 21.97 $312.98B 3.08% 28.75% 104.30% 4.06% 6.35%
5 BABA Alibaba Group Holding Limited AITECH 112.66 25.43 $280.03B 0.93% 4.16% 6.36% 5.62% 12.49%
6 TM Toyota Motor Corporation 191.45 8.46 $226.71B 3.23% 5.24% 12.40% 10.91% 16.22%
7 MCD McDonald's Corporation SPXR3K 255.81 20.80 $181.02B 2.99% 22.47% - 0.92% 7.33%
8 TJX The TJX Companies, Inc. SPXR3K 128.92 23.87 $142.42B 1.52% 21.26% 62.17% 6.84% 8.48%
9 BKNG Booking Holdings Inc. NDXSPXR3K 180.30 20.03 $139.71B 0.87% 70.23% -96.88% 16.93% 22.07%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -300.74M348.98M358.02M308.46M256.74M
Cost of Revenue -256.25M288.79M295.58M266.27M224.85M
Gross Profit -44.49M60.19M62.44M42.19M31.89M
Operating Expenses -115.44M98.24M117.83M128.36M97.66M
Operating Income --70.95M-38.05M-55.39M-86.17M-65.78M
EBITDA --27.01M-43.82M-42.94M-196.95M-83.73M
Interest Expense -3.58M4.83M4.25M4.02M3.95M
Pretax Income --58.94M-75.44M-73.76M-227.18M-109.28M
Tax Provision -0484.00K0-3250
Net Income --58.02M-75.45M-72.89M-228.12M-109.90M
Diluted EPS --1.78-2.32-2.24-7.01-3.38

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -1.01B1.56B1.39B1.32B
Cost of Revenue -978.01M1.40B1.18B1.11B
Gross Profit -33.05M156.34M213.56M209.31M
Operating Expenses -598.18M696.43M502.21M459.87M
Operating Income --565.13M-540.09M-288.65M-250.56M
EBITDA --596.54M-656.06M-266.19M-271.85M
Interest Expense -14.80M20.42M22.45M16.68M
Pretax Income --744.75M-839.63M-458.31M-435.33M
Tax Provision -097.24K2.12M483.68K
Net Income --742.65M-876.25M-412.08M-434.49M
Diluted EPS --28.99-28.41-12.70-13.36

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -2.64B2.22B1.56B1.18B
Current Assets -796.81M458.62M417.08M326.63M
Cash & Equivalents -239.08M202.31M152.37M121.79M
Inventory -71.47M49.87M37.58M36.79M
Receivables -5.62M27.56M30.53M17.69M
Total Liabilities -2.53B2.64B2.40B2.41B
Current Liabilities -1.32B1.40B1.54B1.00B
Long Term Debt -362.88M425.98M464.85M1.15B
Total Debt -1.77B1.81B1.88B1.97B
Total Equity -108.85M-427.21M-840.89M-1.24B
Shares Outstanding -31.48M33.24M33.24M33.24M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow --286.93M-196.13M-39.67M-12.71M
Investing Cash Flow --705.17M60.00M-8.04M-62.83M
Financing Cash Flow -827.16M80.83M26.00M21.70M
Capital Expenditure --334.93M-291.67M-102.84M-65.62M
Free Cash Flow --621.86M-487.80M-142.51M-78.33M
Net Change in Cash --164.94M-55.30M-21.70M-53.84M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -3.3%10.0%15.4%15.9%
Operating Margin % --55.9%-34.6%-20.7%-19.0%
Net Margin % --73.5%-56.2%-29.6%-33.0%
ROE % --682.3%205.1%49.0%35.0%
ROCE % --42.7%-65.9%-1,045.8%-143.7%

Shareholding Pattern

Insiders
11.96%
Institutions
58.76%
Public Float
66.75%

Top Institutional Holders

#Holder% HeldSharesValue
1 HSG Holding Ltd 1.75% 2.90M $3.92M
2 Zazove Associates LLC 0.12% 200.28K $270.38K
3 Sona Asset Management (US) LLC 0.06% 100.00K $135.00K
4 Citadel Advisors Llc 0.04% 60.53K $81.71K
5 Susquehanna International Group, LLP 0.02% 32.70K $44.15K
6 Geode Capital Management, LLC 0.01% 18.72K $25.27K
7 Neuberger Berman Group, LLC 0.01% 19.94K $26.91K
8 LMR Partners LLP 0.01% 21.73K $29.33K
9 Two Sigma Securities, LLC 0.01% 17.18K $23.20K
10 Royal Bank of Canada - 6.00K $8.10K

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for THCH

Google News Mon, 01 Jun 2026

Coffee chain Tims China schedules Q1 2026 earnings call - Stock Titan

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Google News ue, 28 Jul 2026

TH International Limited Revenue Breakdown – NASDAQ:THCH - tradingview.com

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Google News ue, 18 Aug 2026

TH International Limited 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:THCH) 2026-08-18 - Seeking Alpha

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Google News ue, 18 Aug 2026

TH International Limited Reports Second Quarter 2026 Financial Results - Quiver Quantitative

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Google News ue, 01 Sep 2026

TH International Limited (NASDAQ: THCH) Share Price, THCH Stock News, THCH Share Price & Updates - kalkine.com.au

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Google News ue, 18 Aug 2026

THCH (THCH) Q2 2026 Earnings Call Transcript - The Globe and Mail

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THCH — Frequently Asked Questions

What is the current share price of TH International Limited (THCH)?

As of 2026-09-19 21:16 PDT, TH International Limited (THCH) trades at $1.35 on NasdaqCM. Its 52-week range is $1.12 to $2.74.

What is the market capitalisation of THCH?

TH International Limited (THCH) has a market capitalisation of $43.25M on NasdaqCM.

What is the P/E ratio of THCH?

THCH trades at a trailing price-to-earnings (P/E) ratio of -0.58. The industry average P/E is 18.98. Its price-to-book (P/B) ratio is -0.22.

What is the return on equity (ROE) of THCH?

THCH has a return on equity (ROE) of 34.96%. Its return on capital employed (ROCE) is -143.66%.

Is THCH a good stock to buy?

This page provides a data-driven analysis of TH International Limited (THCH), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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