See more : Edenred SA (EDNMY) Income Statement Analysis – Financial Results
Complete financial analysis of TH International Limited (THCH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of TH International Limited, a leading company in the Restaurants industry within the Consumer Cyclical sector.
You may be interested
- Capital City Bank Group, Inc. (CCBG) Income Statement Analysis – Financial Results
- Nubeva Technologies Ltd. (NBVA.V) Income Statement Analysis – Financial Results
- Hindustan Composites Limited (HINDCOMPOS.BO) Income Statement Analysis – Financial Results
- The Berkeley Group Holdings plc (BKGFF) Income Statement Analysis – Financial Results
- Retail Holdings N.V. (RHDGF) Income Statement Analysis – Financial Results
TH International Limited (THCH)
About TH International Limited
TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. As of September 28, 2022, it had approximately 460 coffee shops across the People's Republic of China. The company was incorporated in 2018 and is based in Shanghai, the People's Republic of China. TH International Limited is a subsidiary of Tim Hortons Inc.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 1.58B | 1.01B | 643.37M | 212.08M | 57.26M |
| Cost of Revenue | 1.16B | 978.01M | 629.57M | 205.47M | 74.40M |
| Gross Profit | 417.16M | 33.05M | 13.81M | 6.62M | -17.15M |
| Gross Profit Ratio | 26.47% | 3.27% | 2.15% | 3.12% | -29.95% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 343.62M | 289.54M | 174.96M | 79.37M | 51.07M |
| Selling & Marketing | 102.18M | 81.02M | 50.32M | 16.99M | 8.02M |
| SG&A | 445.81M | 370.56M | 225.28M | 96.35M | 59.09M |
| Other Expenses | 672.53M | 227.62M | 160.44M | 51.44M | 15.02M |
| Operating Expenses | 1.12B | 598.18M | 385.72M | 147.79M | 74.11M |
| Cost & Expenses | 2.28B | 1.58B | 1.02B | 353.26M | 148.51M |
| Interest Income | 14.25M | 2.70M | 315.55K | 511.39K | 2.27M |
| Interest Expense | 20.43M | 14.80M | 1.90M | 0.00 | 0.00 |
| Depreciation & Amortization | 165.90M | 133.40M | 74.28M | 27.84M | 8.70M |
| EBITDA | -686.50M | -431.72M | -302.90M | -115.22M | -79.13M |
| EBITDA Ratio | -43.57% | -43.89% | -47.08% | -53.20% | -140.22% |
| Operating Income | -701.18M | -565.13M | -371.92M | -141.17M | -91.26M |
| Operating Income Ratio | -44.50% | -55.89% | -57.81% | -66.56% | -159.38% |
| Total Other Income/Expenses | -171.65M | -163.56M | -8.47M | -1.89M | 3.43M |
| Income Before Tax | -872.83M | -744.75M | -382.93M | -143.06M | -87.83M |
| Income Before Tax Ratio | -55.39% | -73.66% | -59.52% | -67.45% | -153.39% |
| Income Tax Expense | 97.24K | 165.42M | -4.88M | -1.06M | -174.46K |
| Net Income | -876.25M | -910.17M | -378.05M | -142.00M | -87.65M |
| Net Income Ratio | -55.61% | -90.02% | -58.76% | -66.95% | -153.09% |
| EPS | -5.68 | -7.11 | -2.81 | -1.05 | -0.65 |
| EPS Diluted | -5.68 | -7.11 | -2.81 | -1.05 | -0.65 |
| Weighted Avg Shares Out | 154.19M | 128.10M | 134.63M | 134.63M | 134.63M |
| Weighted Avg Shares Out (Dil) | 154.19M | 128.10M | 134.63M | 134.63M | 134.63M |
Tims China to Present at Upcoming Conferences
SHANGHAI, China, and NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China (“Tims China” or the “Company”) will be attending and participating in...
Argus Research Initiates Equity Research Report Coverage on TH International Limited (NasdaqCM: THCH).
NEW YORK , Feb. 26, 2024 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on TH International Limited (NasdaqCM: THCH). Click Here to view full Argus Equity Research Report.
Tims China Celebrates its Five-Year Anniversary
Since our First Store Opening in February 2019, We Have Been Passionately Committed to Serving our Innovative and Locally-Relevant Offerings to our Fast-Growing Following of Loyal Guests Since our First Store Opening in February 2019, We Have Been Passionately Committed...
Tims China Partners with Shanghai Metro to Open Tims Coffee Shops in “Line 14” Stations
SHANGHAI, China, Jan. 16, 2024 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces the opening of the first seven Tims China stores in Shanghai...
Popeyes® Expands in China with 10th Store
SHANGHAI, China, Jan. 09, 2024 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces the grand opening of its 10th Popeyes store in Shanghai, marking...
Tims China Launches Collaboration with DiDi to Expand Customer Base
SHANGHAI, China, Dec. 21, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, has partnered with ride-hailing company DiDi Chuxing (“DiDi”) as part of a...
Buy Tim Horton's China If You Can Stomach Chinese Stocks
TH International Limited (Tims China) is rapidly expanding Tim Hortons coffee shops in China to capitalize on the growing coffee consumption trend. Tims China aims to open over 2,750 coffee shops by 2026, mirroring the aggressive growth strategies of other...
Tims China Announces Third Quarter 2023 Financial Results
Record- high Quarterly Revenue of RMB436.4 Million Represents 42.7% Year-over-Year Growth Record-high Adjusted Store EBITDA Margin of 7.5% SHANGHAI, China and NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons...
Don't Miss the Boom: 3 Stocks Set to Explode Higher
The imminent possibility of a U.S. government shutdown has raised concerns among economists. Yet, our economy has consistently demonstrated resilience in the face of similar challenges.
TH International Limited: Updates Warranting Strong Buy (Part 1)
TH International (the exclusive franchisee of Tim Hortons coffee shops in China) has seen its stock hit new lows despite a clear improvement in fundamentals. Its same-store sales growth accelerated from 8.0% in 1Q23 to 20.4% in 2Q23 and the...
Source: https://incomestatements.info
Category: Stock Reports