TH International Ltd (THCH) Net Margin (2021 - 2026)
TH International (THCH) reported Net Margin of -35.53% for the quarter ended Jun 30, 2026, down 14.50 percentage points from -21.03% a year earlier but up 7.10 percentage points from the prior quarter.
TH International Ltd (THCH) Net Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TH International's Net Margin came in at -42.48%, down 15.05 percentage points year-over-year; for the year ended Dec 31, 2025, it was -33.11%, down 2.61 percentage points from the prior year.
- Net Margin has a five-year change of +33.84 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Net Margin came in at -30.51% in the year ended Dec 31, 2024 (+24.95 pp), -55.46% in the year ended Dec 31, 2023 (+19.85 pp), -75.31% in the year ended Dec 31, 2022 (-15.97 pp) and -59.33% in the year ended Dec 31, 2021 (+7.62 pp).
- Five-year quarterly Net Margin spans a low of -102.25% in the quarter ended Jun 30, 2022 and a high of -12.99% in the quarter ended Jun 30, 2024.
- Year over year, Net Margin has now declined in each of the last three quarters, with an average year-over-year change of +0.13 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was the quarter ended Jun 30, 2024 (a gain of 45.15 percentage points); the low point was the quarter ended Dec 31, 2025 (a drop of 28.73 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -42.63% (quarter ended Mar 31, 2026), -73.65% (quarter ended Dec 31, 2025) and -20.60% (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -35.53% |
| Mar 31, 2026 | -42.63% |
| Dec 31, 2025 | -73.65% |
| Sep 30, 2025 | -20.60% |
| Jun 30, 2025 | -21.03% |
| Mar 31, 2025 | -19.60% |
| Dec 31, 2024 | -44.92% |
| Sep 30, 2024 | -24.30% |
| Jun 30, 2024 | -12.99% |
| Mar 31, 2024 | -43.43% |
| Dec 31, 2023 | -78.67% |
| Sep 30, 2023 | -38.38% |
| Jun 30, 2023 | -58.14% |
| Mar 31, 2023 | -52.24% |
| Dec 31, 2022 | -72.34% |
| Sep 30, 2022 | -69.26% |
| Jun 30, 2022 | -102.25% |
| Mar 31, 2022 | -66.97% |
| Dec 31, 2021 | -62.95% |
| Sep 30, 2021 | -60.78% |
TH International Ltd Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=THCH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "THCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=THCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();