XNAS • Consumer

TH International Limited Ordinary shares (THCH)

Retail-Eating Places · C/O CARTESIAN CAPITAL GROUP LLC, 505 5TH AVENUE, 15TH FLOOR, NEW YORK, NY, 10017

XNASstockActive listing
1.00
+0.00 (+0.00%)
Quote updated 10/19/2026, 4:00:00 AM
Previous close1.00
Open1.05
Day range1.00 – 1.05
52-week range1.00 – 3.25
Volume9,821
Market cap32.52M
PRICE HISTORY

Stock price history and performance

Daily closing prices from the stored market history.

250 sessions
$3$2$2$1$1Oct 9Apr 15Oct 19
STOCK RESEARCH · EDITORIAL ANALYSIS

TH International Limited Ordinary shares (THCH): Investment Research & Business Outlook

A research-led explanation of the company, its financial evidence, valuation context and risks—not just a list of market numbers.

Research note

What the available evidence tells us

The latest stored quote for TH International Limited Ordinary shares (THCH) is 1.00, timestamped 10/19/2026, 4:00:00 AM. A quote is a point-in-time observation; it does not, by itself, explain why the price moved or establish whether the shares are attractive.

Business and financial quality

TH International Ltd is the exclusive master franchisee in China for Tim Hortons, a world-wide coffee and bakery shop brand. Through the Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company operated under a single reportable segment, Tim Hortons. The company's revenue is derived from sales of food, beverages, and packaged products by company-owned and operated stores, franchise fees, and revenue from other franchise support activities. Its geographic revenue is derived from operations in the PRC. Stored fundamentals include 18 usable headline metrics. These should be read across several reporting periods and compared with peers before drawing a conclusion about business quality.

Valuation: context matters

A usable trailing P/E value is not currently stored. Without a verified valuation metric and a relevant comparison set, this page does not label the shares cheap or expensive.

Price trend and quantitative outlook

The chart is based on 250 stored daily price observations. Historical performance describes what happened over that period; it is not a guarantee of future returns. The current stored quantitative model signal is “bearish”. Treat model outputs as scenarios with uncertainty, not as certain targets or personalized advice.

Key risks and what to watch next

Risk records exist for this company; review the risk and performance section below for the available volatility, drawdown and risk-adjusted measures. The next useful evidence to review is the company’s next reported financial results, changes in forward estimates, and primary-source disclosures.

Editorial integrity: this summary uses fields available in the current database. Missing evidence is called out rather than filled with invented facts.

What the numbers mean for investors

Business quality

A reliable revenue-growth reading is not available or is not positive in the latest stored snapshot. Review multiple reporting periods before judging the growth trajectory.

Profitability

Margin data is incomplete. Revenue alone cannot show whether the company converts sales into sustainable profit.

Valuation

A usable P/E value is not stored. Avoid calling the shares cheap or expensive until earnings and valuation data can be verified.

Price trend

The latest quote can be compared with the 20-, 50- and 200-day moving averages (1.18, 1.31, and 1.81). Moving averages describe trend, not intrinsic value, and can lag sudden market changes.

Bull case, bear case and evidence to watch

Bull case

The bullish case needs confirmation from reported revenue growth, cash generation, and future company disclosures; the current snapshot does not establish those conditions together.

Bear case

Potential downside still includes weaker demand, margin compression, competition, execution issues, or a broad market sell-off. Company-specific evidence is needed to quantify these risks.

What to watch next

Track the next earnings release, changes in revenue and margin trends, cash flow, management guidance, analyst estimate revisions, and primary-source filings. Update the thesis when new evidence arrives rather than relying on one ratio or forecast.

These interpretations are rule-based explanations of the stored fields, not independently verified company-specific forecasts. Missing data is not treated as zero; all investment cases remain conditional on new evidence.

US Market AI Research Desk · Data/research timestamp: Oct 19, 2026 · Methodology & disclaimer
QUANTITATIVE RESEARCH

Stock forecast and analysis: price outlook

Forecasts are model outputs, not promises or personalized investment advice.

bearish
HorizonModel targetExpected changeSignalConfidence score
24H0.98-2.10%bearish81
7D0.92-7.86%bearish81
30D0.84-16.00%bearish81
90D0.75-25.00%bearish81

Long-term model scenarios

Latest stored scenario per future target year. Bear, base and bull prices are model scenarios, not guaranteed targets. The relative model score is not a calibrated probability; uncertainty rises materially for distant years.

Target yearBase caseBear caseBull caseExpected CAGRRelative model scoreSignal
20271.201.201.23-1.3%62long-term-neutral
20301.241.211.330.36%61long-term-neutral
20351.461.341.692.05%59long-term-positive
20401.831.552.272.96%57long-term-positive
20502.922.094.143.7%52long-term-positive
COMPANY FUNDAMENTALS

Financial performance and company fundamentals

Reported fields from the current fundamentals snapshot.

Operating income-317.35MInterpret alongside the company’s history, sector peers, reporting period and data source.
Net income-434.49MInterpret alongside the company’s history, sector peers, reporting period and data source.
EBITDA-209.42MInterpret alongside the company’s history, sector peers, reporting period and data source.
EBIT-317.35MInterpret alongside the company’s history, sector peers, reporting period and data source.
Cash & equivalents121.79MInterpret alongside the company’s history, sector peers, reporting period and data source.
Total assets1.18BInterpret alongside the company’s history, sector peers, reporting period and data source.
Total liabilities2.41BInterpret alongside the company’s history, sector peers, reporting period and data source.
Shareholders equity-1.24BInterpret alongside the company’s history, sector peers, reporting period and data source.
Current assets326.63MInterpret alongside the company’s history, sector peers, reporting period and data source.
Current liabilities1BInterpret alongside the company’s history, sector peers, reporting period and data source.
Operating cash flow-12.71MInterpret alongside the company’s history, sector peers, reporting period and data source.
Capital expenditure65.62MInterpret alongside the company’s history, sector peers, reporting period and data source.
Free cash flow-78.33MCash remaining after operating needs and capital expenditure; can support investment or shareholder returns.
Return on equity+34.96%Profit generated relative to book equity; leverage and one-off gains can distort it.
Return on assets-36.93%Interpret alongside the company’s history, sector peers, reporting period and data source.
Shares outstanding32,519,377Interpret alongside the company’s history, sector peers, reporting period and data source.
Book value / share-38.22Interpret alongside the company’s history, sector peers, reporting period and data source.
FCF / share-2.41Interpret alongside the company’s history, sector peers, reporting period and data source.
Market cap32.52MMarket value of outstanding shares, not the same as enterprise value.
52-week high3.25Highest stored price over the rolling year; not a fair-value estimate.
52-week low1.00Lowest stored price over the rolling year; not a support guarantee.
Average volume9,821Typical shares traded; helps assess liquidity but can change around events.
TECHNICALS

Technical indicators

Latest stored daily indicator snapshot; unavailable indicators are omitted.

Oct 20, 2026
RSI (14)36.72Momentum oscillator from 0–100; extreme readings are context, not automatic buy/sell signals.
SMA 201.18Average closing price over about 20 trading sessions; a short-term trend reference.
SMA 501.31Average closing price over about 50 sessions; often used to assess medium-term direction.
SMA 1001.54Interpret alongside the company’s history, sector peers, reporting period and data source.
SMA 2001.81Average closing price over about 200 sessions; a longer-term trend reference.
EMA 201.15Interpret alongside the company’s history, sector peers, reporting period and data source.
EMA 501.31Interpret alongside the company’s history, sector peers, reporting period and data source.
EMA 2001.79Interpret alongside the company’s history, sector peers, reporting period and data source.
MACD-0.09Interpret alongside the company’s history, sector peers, reporting period and data source.
MACD signal-0.08Interpret alongside the company’s history, sector peers, reporting period and data source.
MACD histogram-0.01Difference between MACD and its signal line; sign and changes indicate momentum shifts.
Bollinger upper1.41Interpret alongside the company’s history, sector peers, reporting period and data source.
Bollinger middle1.18Interpret alongside the company’s history, sector peers, reporting period and data source.
Bollinger lower0.94Interpret alongside the company’s history, sector peers, reporting period and data source.
Stochastic1.13Interpret alongside the company’s history, sector peers, reporting period and data source.
Stochastic signal0.7532956685499063Interpret alongside the company’s history, sector peers, reporting period and data source.
Williams %R-98.87Interpret alongside the company’s history, sector peers, reporting period and data source.
CCI-116.7Interpret alongside the company’s history, sector peers, reporting period and data source.
MFI28.7Interpret alongside the company’s history, sector peers, reporting period and data source.
ROC-24.24%Interpret alongside the company’s history, sector peers, reporting period and data source.
OBV-39.74KInterpret alongside the company’s history, sector peers, reporting period and data source.
Momentum-18.03Interpret alongside the company’s history, sector peers, reporting period and data source.
Volatility+108.95%Interpret alongside the company’s history, sector peers, reporting period and data source.
ATR0.09Average true range estimates recent price movement size, not direction.
ADX17.07Measures trend strength, not whether the trend is bullish or bearish.
Support level1.00Interpret alongside the company’s history, sector peers, reporting period and data source.
Resistance level1.43Interpret alongside the company’s history, sector peers, reporting period and data source.
TrendbearishInterpret alongside the company’s history, sector peers, reporting period and data source.
REPORTED RESULTS

Financial statements, earnings history and estimate revisions

Recent normalized financial statement records.

Showing up to 60 recent statement records. Reported periods and statement types are preserved; blank values are not estimated. Contradictory zero sentinels are withheld instead of presented as verified facts.

PeriodStatementFiscal periodBasisRevenueCost of revenueGross profitOperating incomeNet incomeBasic EPSDiluted EPSCashTotal assetsTotal liabilitiesDebtEquityOperating cash flowCapexFree cash flowSource
Dec 31, 2025balance sheetFY-2025annual———————121.79M1.18B2.41B—-1.24B———3spread
Dec 31, 2025cash flowFY-2025annual————————————-12.71M65.62M-78.33M3spread
Dec 31, 2025income statementFY-2025annual—171.33M—-317.35M-434.49M——————————3spread

Financial metric history

PeriodRevenue growthGross marginOperating marginNet marginROEROIC
Dec 31, 2025————+34.96%—

Earnings history

These are SEC-reported financial facts grouped by fiscal period. The displayed date is the SEC filing/observation date, not a verified earnings announcement or release date. Use the company’s investor-relations calendar for confirmed earnings-release timing.

SEC filing / observation dateFiscal periodEPS reportedEPS estimateRevenue reportedRevenue estimate
Apr 30, 2026FY-13.36———
May 15, 2025FY-12.70———
Apr 30, 2024FY-5.68———
Apr 28, 2023FY-5.80—1.01B—
VALUATION

Stock valuation: P/E, forward P/E and multiples

Multiples shown only when the database has a usable value.

Enterprise value-89.28M

Peer comparisons are withheld until a comparable industry group and a reliable peer set are verified.

LATEST DEVELOPMENTS

News and company updates

Stories linked to this stock in the current database.

RISK CONTEXT

Risk and performance profile

Computed risk/performance records; not a recommendation. Mathematically uninterpretable or extreme ratios are withheld rather than displayed as reliable facts.

Volatility+99.67%
Beta0.4
ATR0.12
Maximum drawdown-63.50%
Sharpe ratio-0.83
Sortino ratio-0.81
Current ratio0.33
1-day return-13.42%
5-day return-7.58%
1-month return-9.63%
3-month return-35.45%
6-month return-41.35%
YTD return-51.00%
1-year return-53.08%
All-time return-51.00%
RESEARCH EVIDENCE

Source data and research records

Expandable evidence tables keep the main page focused while preserving detailed data.

Institutional holders and ownership

Showing up to 50 recent holder records. Values failing a basic implied-price check are withheld, not silently corrected.

PeriodFiledHolderCIKSharesValueOwnershipShares changeChange %Source
Jun 30, 2026Aug 12, 2026GEODE CAPITAL MANAGEMENT, LLC121471718,71635.75K———SEC_13F_DATASET
Jun 30, 2026Aug 13, 2026HSG Holding Ltd14707662,900,6065.54M———SEC_13F_DATASET
Jun 30, 2026Aug 12, 2026Integrated Wealth Concepts LLC1737109508970———SEC_13F_DATASET
Jun 30, 2026Aug 13, 2026 NEUBERGER BERMAN GROUP LLC146510919,93738.08K———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026LMR Partners LLP157862121,72741.5K———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026TWO SIGMA SECURITIES, LLC145014417,18232.82K———SEC_13F_DATASET
Jun 30, 2026Aug 25, 2026Groupe la Francaise20560881,4272.73K———SEC_13F_DATASET
Jun 30, 2026Aug 13, 2026Pacer Advisors, Inc.1616667676,413Withheld: value fails validation———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026SUSQUEHANNA INTERNATIONAL GROUP, LLP144619432,70562.47K———SEC_13F_DATASET
Jun 30, 2026Aug 12, 2026JPMORGAN CHASE & CO1961796150———SEC_13F_DATASET
Jun 30, 2026Aug 13, 2026UBS Group AG1610520200382———SEC_13F_DATASET
Jun 30, 2026Jul 16, 2026ZAZOVE ASSOCIATES LLC1009012200,281382.54K———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026SONA ASSET MANAGEMENT (US) LLC1856405100,000191K———SEC_13F_DATASET
Jun 30, 2026Jul 24, 2026CREDIT INDUSTRIEL ET COMMERCIAL12744198561.64K———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026CITADEL ADVISORS LLC142305360,526115.61K———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026ROYAL BANK OF CANADA10002756,00011K———SEC_13F_DATASET
Mar 31, 2026Jun 15, 2026ZAZOVE ASSOCIATES LLC1009012228,387568.68K———SEC_13F_DATASET
PeriodShares outstandingInstitutional ownershipInsider ownership
Jun 30, 202632,519,377+12.48%—
SEC filings

Showing up to 30 latest filings. Open the original SEC document when a URL is available.

FiledAcceptedFormDescriptionReporting periodAccessionSEC document
Oct 19, 2026—6-KREPORT OF FOREIGN PRIVATE ISSUEROct 19, 20260001213900-26-110661View filing
Sep 10, 2026—6-KREPORT OF FOREIGN PRIVATE ISSUERSep 10, 20260001213900-26-098770View filing
Aug 18, 2026—6-KREPORT OF FOREIGN PRIVATE ISSUERAug 18, 20260001213900-26-090969View filing
Aug 13, 2026—3OWNERSHIP DOCUMENTJun 9, 20260001213900-26-088658View filing
Jul 7, 2026—6-KREPORT OF FOREIGN PRIVATE ISSUERJul 7, 20260001213900-26-075930View filing
Jun 10, 2026—6-KREPORT OF FOREIGN PRIVATE ISSUERJun 10, 20260001213900-26-067053View filing
Jun 9, 2026—6-KREPORT OF FOREIGN PRIVATE ISSUERJun 9, 20260001213900-26-066772View filing
Apr 30, 2026—20-FANNUAL REPORTDec 31, 20250001213900-26-050185View filing
Apr 15, 2026—6-KREPORT OF FOREIGN PRIVATE ISSUERApr 15, 20260001213900-26-043762View filing
Apr 9, 2026—3—Apr 1, 20260001213900-26-042126View filing
Apr 3, 2026—3/A—Mar 18, 20260001213900-26-039718View filing
Apr 2, 2026—3—Apr 1, 20260001213900-26-039301View filing
Apr 1, 2026—3—Apr 1, 20260001213900-26-038485View filing
Mar 31, 2026—3—Mar 31, 20260001213900-26-037391View filing
Mar 31, 2026—3—Mar 31, 20260001213900-26-037389View filing
Mar 30, 2026—3PRIMARY DOCUMENTMar 30, 20260002124606-26-000005View filing
Mar 18, 2026—3—Mar 18, 20260001213900-26-030657View filing
Mar 18, 2026—3—Mar 18, 20260001213900-26-030654View filing
Mar 18, 2026—33Mar 18, 20260001193125-26-114379View filing
Dec 9, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERDec 9, 20250001213900-25-119448View filing
Dec 3, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERDec 3, 20250001213900-25-117545View filing
Oct 31, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUEROct 31, 20250001213900-25-104662View filing
Aug 26, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERAug 26, 20250001213900-25-080740View filing
Aug 11, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERAug 11, 20250001213900-25-073978View filing
Jun 24, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERJun 24, 20250001213900-25-057226View filing
May 15, 2025—20-FANNUAL REPORTDec 31, 20240001213900-25-044150View filing
Apr 22, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERApr 22, 20250001213900-25-034177View filing
Jan 28, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERJan 28, 20250001213900-25-007534View filing
Jan 24, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERJan 24, 20250001213900-25-006499View filing
Jan 10, 2025—6-KREPORT OF FOREIGN PRIVATE ISSUERJan 10, 20250001213900-25-002695View filing
Quarterly and monthly research
PeriodResearch summary
Dec 31, 2025Latest reported fundamentals for fiscal period FY-2025. Free cash flow: $-78325780.
MonthResearch summary
Oct 1, 2026Derived monthly snapshot; AI narrative pending
Data quality and provenance

This page does not fill gaps with sample data. Values shown above come from the connected market-data and research tables.

No verified records available for this section yet.
RetrievedDatasetProviderStatus
Oct 8, 2026company_profileUS Market AI / SEC-mapped universeVerified
Identifiers and model evaluation
IdentifierValueSource
cik1877333stocks.cik
tickerTHCHstocks.symbol
No verified records available for this section yet.
QUICK ANSWERS

Frequently asked questions

What is THCH stock's current price?

The latest stored quote for THCH is 1.00. The quote timestamp is 10/19/2026, 4:00:00 AM. Prices can change during market hours.

What is the THCH stock forecast and analysis?

The latest available quantitative model signal is “bearish”. Review the forecast horizons alongside the company's reported financials, valuation, technical indicators and risks below; model outputs are estimates, not guarantees or personalized investment advice.

What is the THCH stock price target?

The forecast table shows stored quantitative model outputs for the available horizons. These are model targets, not necessarily Wall Street analyst consensus; a verified consensus target is not assumed unless explicitly stored.

What is the THCH stock price prediction for 2030?

A stored long-term model scenario for 2030 is shown in the forecast table. Long-range scenarios are highly uncertain and should be reviewed alongside the model version and assumptions.

What are the bullish and bearish views on THCH?

A sufficiently detailed analyst-opinion dataset is not currently stored for this stock. The bull and bear cases on this page are conditional evidence-based scenarios, not attributed analyst recommendations.

What is the THCH stock price prediction for 2026?

A verified 2026 long-term model output is not currently stored for this stock. Check the forecast section for available horizons rather than relying on an unsupported target.

Is THCH stock overvalued or undervalued?

The database does not currently contain a usable trailing P/E value. Without verified valuation inputs and a suitable comparison set, this page cannot responsibly label the shares overvalued or undervalued.

What is THCH's P/E ratio?

A usable trailing P/E ratio is not currently available in the stored valuation data.

What is THCH's 52-week high and low?

The stored 52-week range is 1.00 to 3.25. This describes the recent trading range, not a forecast or a guaranteed support/resistance level.

Does THCH pay a dividend, and what is its dividend history?

No dividend records are currently stored for this stock. That absence does not prove the company pays no dividend.

When is THCH's next earnings report?

The latest SEC filing/observation date in this database is Apr 30, 2026. This is not a verified earnings announcement date or a confirmed next-report date; check company investor relations for the official calendar.

How has THCH stock performed recently?

The price chart uses 250 stored daily observations, and the market snapshot includes the latest available quote. Use the chart to inspect the period shown; past performance does not predict future returns.

Is THCH stock in a bullish or bearish trend?

The stored technical snapshot classifies the trend as “bearish”. This rule-based label is based on available indicators and is not a standalone buy or sell signal.

What are the main risks of investing in THCH?

Available risk metrics are shown in the risk and performance section. These metrics do not capture every business, competitive, regulatory or market risk; review company filings and disclosures as well.

Where can I find THCH's financial statements and earnings history?

Use the Financial Statements section for stored statement records, financial metric history, earnings results and estimate revisions. Coverage depends on the data available for this company.

Does US Market AI provide a guaranteed THCH price target?

No. Forecasts shown here are quantitative model outputs, not guarantees or personalized financial advice. Missing forecast values are left unavailable rather than filled with invented targets.

US MARKET AI · STOCK RESEARCH

Data availability varies by company and provider. Missing values are omitted rather than estimated. Forecasts are model outputs and should be independently evaluated.

Research updated Oct 19, 2026 · Research methodology · Disclaimer