TH International (THCH) Notes Payables (2021 - 2025)

TH International (THCH) has 5 years of Notes Payables data on file, last reported at $55.7 million in Q4 2025.

• Notes Payables for Q4 2025 came in at $55.7 million, up 4.95% year-over-year; the trailing twelve-month figure through Dec 2025 was $55.7 million (up 4.95% YoY), and the FY2025 annual result was $55.0 million, up 3.61% from the prior year.
• Notes Payables grew to $55.7 million in Q4 2025 per THCH's latest filing, from $53.1 million in the prior quarter.
• Over five years, Notes Payables peaked at $90.3 million in Q3 2023 and troughed at $30.0 million in Q4 2021.
• A 5-year average of $60.0 million and a median of $57.3 million in 2022 frame the typical range for Notes Payables.
• The sharpest annual moves came in 2022 and 2024: Notes Payables surged 90.88% in 2022, then retreated 29.0% in 2024.
• A 5-year view of Notes Payables shows it stood at $30.0 million in 2021, then surged by 90.88% to $57.3 million in 2022, then surged by 30.37% to $74.8 million in 2023, then dropped by 29.0% to $53.1 million in 2024, then climbed by 4.95% to $55.7 million in 2025.
• Business Quant data shows THCH's Notes Payables at $55.7 million in Q4 2025, $53.1 million in Q4 2024, and $58.5 million in Q1 2024.