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TH International Limited (THCH)

Consumer Cyclical | Restaurants | Shanghai, China | NasdaqCM
1.30 USD +0.03 (2.314%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 1.28 -0.02 (-0.020%) ⇩ (Aug. 28, 2026, 7:48 p.m. EDT)

Short-term:⯪☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:49 a.m. EDT

The investment case for TH International is currently broken by a catastrophic multi-year decline and deteriorating fundamentals. The stock has lost nearly 95% of its value over the last four years, with the most recent three annual periods showing consecutive negative returns. This trajectory is not a temporary correction; it reflects a business that has collapsed, evidenced by a -21.7% revenue drop, negative operating margins, and a massive debt load relative to its tiny market cap. The balance sheet is fragile, with a current ratio of 0.28 and negative book value, making survival uncertain without significant restructuring. There is no dividend to provide income, and the recent news of store closures and losses confirms the operational distress. While the price is low, the 'value' here is a value trap where the market has correctly priced out the risk of permanent capital impairment. The short-term outlook remains bearish given the heavy short interest and lack of catalysts, while the long-term outlook is neutral-to-negative until the company can demonstrate a path to profitability and debt reduction.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.116035
AutoARIMA0.129293
MSTL0.253334
AutoETS0.274731

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 31%
H-stat 2.42
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 0.78
Attribute Value
Sector Consumer Cyclical
Revenue per Share 36.809
Market Cap 41,647,484
Forward P/E -0.21
Beta 0.50
Profit Margins -42.49%
Previous Name Tim Hortons China
Website https://www.timschina.com

As of Aug. 22, 2026, 4:49 a.m. EDT: Speculator positioning is extremely thin and ambiguous. Call volume is negligible, while put activity is concentrated entirely in-the-money at the $2.50 strike, suggesting a defensive hedge against further downside rather than a bet on a specific recovery level. Implied volatility is low across the board, indicating a lack of speculative fervor.


Info Dump

Attribute Value
52 Week Change -0.50448346
Address1 2,501 Central Plaza
Address2 227 Huangpi North Road
All Time High 53.9
All Time Low 1.09
Ask 1.65
Ask Size 2
Average Daily Volume10 Day 20,170
Average Daily Volume3 Month 9,206
Average Volume 9,206
Average Volume10Days 20,170
Beta 0.498
Bid 0.9792
Bid Size 2
Book Value -6.0785146
City Shanghai
Country China
Crypto Tradeable 0
Currency USD
Current Price 1.3
Current Ratio 0.279
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 1.415
Day Low 1.28
Display Name TH
Earnings Call Timestamp End 1,787,054,400
Earnings Call Timestamp Start 1,787,054,400
Earnings Timestamp 1,787,056,200
Earnings Timestamp End 1,794,400,200
Earnings Timestamp Start 1,794,400,200
Ebitda -127,293,232
Ebitda Margins -0.10637999
Enterprise To Ebitda -15.075
Enterprise To Revenue 1.604
Enterprise Value 1,918,893,184
Eps Current Year -8.16
Eps Forward -6.26
Eps Trailing Twelve Months -2.33
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.64672
Fifty Day Average Change -0.3467201
Fifty Day Average Change Percent -0.21055193
Fifty Two Week Change Percent -50.448345
Fifty Two Week High 3.25
Fifty Two Week High Change -1.95
Fifty Two Week High Change Percent -0.6
Fifty Two Week Low 1.09
Fifty Two Week Low Change 0.20999992
Fifty Two Week Low Change Percent 0.19266047
Fifty Two Week Range 1.09 - 3.25
Financial Currency CNY
First Trade Date Milliseconds 1,615,473,000,000
Float Shares 8,691,779
Forward Eps -6.26
Forward P E -0.20766772
Free Cashflow -82,548,584
Full Exchange Name NasdaqCM
Full Time Employees 1,544
Fullday Change 0.0294
Fullday Change Percent 2.31387
Fullday Price 1.28
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.38872
Gross Profits 465,146,304
Has Pre Post Market Data 1
Held Percent Insiders 0.1196
Held Percent Institutions 0.58764
Implied Shares Outstanding 32,036,529
Industry Restaurants
Industry Disp Restaurants
Industry Key restaurants
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,736,726,400
Last Split Factor 1:5
Long Business Summary 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.
Long Name TH International Limited
Market us_market
Market Cap 41,647,484
Market State CLOSED
Max Age 86,400
Message Board Id finmb_667855637
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -508,377,504
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 40,705,613
Open 1.415
Operating Cashflow -888,838
Operating Margins -0.19403
Payout Ratio 0.0
Phone 86 21 6136 6616
Post Market Change -0.01999998
Post Market Change Percent -1.5384601
Post Market Price 1.28
Post Market Time 1,787,960,905
Prev Name Tim Hortons China
Previous Close 1.2706
Price Eps Current Year -0.15931372
Price Hint 4
Price To Book -0.21386804
Price To Sales Trailing12 Months 0.03480495
Profit Margins -0.42485002
Quick Ratio 0.113
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.029399991
Regular Market Change Percent 2.3138669
Regular Market Day High 1.415
Regular Market Day Low 1.28
Regular Market Day Range 1.28 - 1.415
Regular Market Open 1.415
Regular Market Previous Close 1.2706
Regular Market Price 1.3
Regular Market Time 1,787,947,200
Regular Market Volume 4,426
Return On Assets -0.13486
Revenue Growth -0.217
Revenue Per Share 36.809
Sand P52 Week Change 0.20504117
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Shares Outstanding 32,036,529
Shares Percent Shares Out 0.0017
Shares Short 54,076
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 52,134
Short Name TH International Limited
Short Percent Of Float 0.0047
Short Ratio 8.62
Source Interval 15
Symbol THCH
Total Cash 107,833,000
Total Cash Per Share 3.316
Total Debt 1,977,250,944
Total Revenue 1,196,596,480
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.33
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.01397
Two Hundred Day Average Change -0.71396995
Two Hundred Day Average Change Percent -0.35450876
Type Disp Equity
Volume 4,426
Website https://www.timschina.com
Zip 200,003