TH International (THCH) Common Equity (2021 - 2025)

TH International (THCH) has reported Common Equity for 5 consecutive years, with -$175.3 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Common Equity fell 51.12% year-over-year to -$175.3 million; the TTM figure through Dec 2025 stood at -$175.3 million (down 51.12% YoY), while the FY2025 annual figure was -$173.0 million, down 49.2% from the prior year.
• Common Equity declined to -$175.3 million in Q4 2025 per THCH's latest filing, from -$116.0 million in the prior quarter.
• Across five years, Common Equity topped out at $53.0 million in Q4 2021 and bottomed at -$175.3 million in Q4 2025.
• Historically, Common Equity has averaged -$54.3 million across 5 years, with a median of -$58.7 million in 2023.
• Annual changes were most pronounced in 2023 — Common Equity plunged 478.29% — and 2025, when it sank 51.12%.
• TH International's Common Equity stood at $53.0 million in 2021, then tumbled by 70.76% to $15.5 million in 2022, then plunged by 478.29% to -$58.7 million in 2023, then sank by 97.66% to -$116.0 million in 2024, then tumbled by 51.12% to -$175.3 million in 2025.
• Business Quant data shows THCH's Common Equity at -$175.3 million in Q4 2025, -$116.0 million in Q4 2024, and -$79.4 million in Q1 2024.