Stocktoria

TH International Ltd THCH

Nasdaq · stock · Retail-Eating Places · website · IPO 2022-09-29

TH International Ltd statistics & valuation

Profitability & efficiency

Net margin (%)
-59.30% -73.50% -56.20% -29.60% -33.00% 20212022202320242025
Gross margin (%)
20212022202320242025
Operating margin (%)
-58.20% -57.50% -42.80% -25.10% -24.10% 20212022202320242025
Return on equity (%)
-112.60% -673.30% 20212022202320242025
Shares outstanding
124.2M 149.2M 165.9M 33.2M 33.2M 20212022202320242025
Net debt ($)
-$375.8M -$209.3M -$186.2M -$147.1M 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
-29.70% -28.10% -39.60% -26.40% -36.90% 20212022202320242025
Free cash flow margin (%)
-90.20% -61.50% -31.40% -10.70% -6.00% 20212022202320242025
Debt / equity (×)
0.04× 0.27× 20212022202320242025
EPS ($)
-$3.14 -$28.99 -$28.41 -$12.70 -$13.36 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Operating margin-24.1%-25.1%-42.8%-57.5%-58.2%
Net margin-33.0%-29.6%-56.2%-73.5%-59.3%
FCF margin-6.0%-10.7%-31.4%-61.5%-90.2%
Return on assets-36.9%-26.4%-39.6%-28.1%-29.7%
Return on equity35.0%49.0%205.1%-673.3%-112.6%
Debt / equity—-0.01×-0.04×0.27×0.04×
Current ratio0.330.270.330.601.03

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.