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Th International Ltd. (China)

Main Activities: Restaurants and Other Eating Places
Full name: Th International Ltd. Profile Updated: July 09, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company is a company mainly engaged in the development and operation of coffee, donut, and tea restaurants in mainland China, operating under the brand name Tim Hortons.
The Company offers freshly brewed coffee, tea and other beverages, breads and side dishes, and sandwiches. The Company also offers digital ordering, including delivery and self-pickup mobile ordering. The Company's restaurant chain includes company-owned and franchise locations.
For the purpose of internal reporting and management's operation review, The Company has determined that it operates under two reportable segments after the completion of assets acquisition of Popeyes, one relating to Tim Hortons and the other relating to Popeyes.
HISTORY
2018 The Company was incorporated in Cayman Islands in April 2018.
2022 On September 28, 2022 The Company was merger with Miami Swan Ltd. The ordinary shares and Public Warrants began trading on the Nasdaq Capital Market under the symbols “THCH” and “THCHW”, respectively, on September 29, 2022.
2023: On March 30, 2023, the Company acquired the exclusive franchise right authorized by PLK APAC Pte. Ltd. (“PLK”) which is a subsidiary of the THRI, and is authorized to develop and operate stores branded “Popeyes” throughout the Chinese Mainland and Macau.

Headquarters
5Th Avenue, 15Th Floornew York
New York; New York; Postal Code: 10017

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Website: http://ir.timschina.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2018
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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34.3%
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12%
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8.7%
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6.2%
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Subsidiaries
Th Hong Kong International Limited (Hong Kong SAR, China)
Company Performance
Financial values in the chart are available after Th International Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-10.64%
Total operating revenue
-10.85%
Operating profit (EBIT)
45.6%
Net Profit (Loss) for the Period
50.76%
Total assets
-35.71%
Total equity
-379.83%
Operating Profit Margin (ROS)
15.6%
Net Profit Margin
21.29%
Return on Equity (ROE)
-354.34%
Debt to Equity Ratio
566.01%
Quick Ratio
-0.15%
Cash Ratio
-0.18%

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