Revenue
2020
2021
2022
2023
2024
2025
TH International Ltd (THCH)
Price$1.35Cached quote
Net income
2020
2021
2022
2023
2024
2025
Free cash flow
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | ¥1.32B | ¥1.39B | ¥1.56B | ¥1.01B | ¥643.4M | ¥212.1M |
| Gross profit | ¥1.14B | ¥1.24B | ¥1.41B | ¥962.5M | ¥626.6M | — |
| Gross margin | 86.98% | 88.96% | 90.40% | 95.20% | 97.40% | — |
| Operating expenses | ¥1.63B | ¥1.74B | ¥2.23B | ¥1.59B | ¥1.02B | ¥353.3M |
| Operating income | −¥317.4M | −¥349.1M | −¥667.9M | −¥581.2M | −¥374.5M | −¥141.2M |
| Operating margin | −24.11% | −25.09% | −42.82% | −57.48% | −58.20% | −66.56% |
| EBITDA | −¥209.4M | −¥219.5M | −¥529.2M | −¥462.5M | −¥300.2M | −¥113.3M |
| EBITDA margin | −15.91% | −15.78% | −33.92% | −45.75% | −46.66% | −53.44% |
| Net income | −¥434.5M | −¥412.1M | −¥876.3M | −¥742.6M | −¥381.7M | −¥142.0M |
| Net profit margin | −33.01% | −29.62% | −56.17% | −73.45% | −59.33% | −66.95% |
| Basic EPSper basic share | -CN¥13.36 | -CN¥12.70 | -CN¥28.41 | -CN¥28.99 | -CN¥15.70 | -CN¥6.65 |
| Diluted EPSper diluted share | -CN¥13.36 | -CN¥12.70 | -CN¥28.41 | -CN¥28.99 | -CN¥15.70 | -CN¥6.65 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
Yu Peter Michael | 16.15M |
Cheung Ho | 139.89K |
Lu Yongchen | — |
Li Dong | — |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 3/A ↗Updated Sep 29, 2026 · Quarterly data