TH International (THCH) Equity Ratio (2021 - 2025)
TH International (THCH) reported Equity Ratio of 1.06 for Q4 2025, down 98.27% year-over-year from 61.16 in Q4 2024, and down 98.27% quarter-over-quarter from 0.53 in Q4 2024.
TH International (THCH) Equity Ratio (2021 - 2025) Analysis & Trends
TH International (THCH) has 5 years of Equity Ratio data on file, last reported at 1.06 in Q4 2025.
- Equity Ratio for Q4 2025 came in at 1.06, down 98.27% year-over-year; the trailing twelve-month figure through Dec 2025 was 1.06 (down 98.27% YoY), and the FY2025 annual result was 1.06, down 98.27% from the prior year.
- Equity Ratio eased to 1.06 in Q4 2025 per THCH's latest filing, from 0.53 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.26 in Q4 2021 and troughed at 1.06 in Q4 2025.
- A 5-year average of 0.26 and a median of 0.19 in 2023 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2022 and 2023: Equity Ratio slumped 84.18% in 2022, then slumped 556.71% in 2023.
- A 5-year view of Equity Ratio shows it stood at 0.26 in 2021, then tumbled by 84.18% to 0.04 in 2022, then sank by 556.71% to 0.19 in 2023, then plunged by 179.42% to 0.53 in 2024, then slumped by 98.27% to 1.06 in 2025.
- Business Quant data shows THCH's Equity Ratio at 1.06 in Q4 2025, 0.53 in Q4 2024, and 0.28 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | -0.28 |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 0.27 |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | -0.89 |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 0.21 |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 0.16 |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 0.50 |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 0.42 |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | -2.12 |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 0.57 |
| 10 | TH International | 7.70 Mn | -11.48 Mn | 38.17 Mn | -1.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.06 |
| Dec 31, 2024 | -0.53 |
| Mar 31, 2024 | -0.28 |
| Dec 31, 2023 | -0.19 |
| Sep 30, 2023 | -0.05 |
| Dec 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.26 |