TH International (THCH) Total Non-Current Liabilities (2021 - 2025)

TH International (THCH) has reported Total Non-Current Liabilities for 5 consecutive years, with $198.9 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Total Non-Current Liabilities rose 66.03% year-over-year to $198.9 million; the TTM figure through Dec 2025 stood at $198.9 million (up 66.03% YoY), while the FY2025 annual figure was $196.3 million, up 63.91% from the prior year.
• Total Non-Current Liabilities grew to $198.9 million in Q4 2025 per THCH's latest filing, from $119.8 million in the prior quarter.
• Across five years, Total Non-Current Liabilities topped out at $198.9 million in Q4 2025 and bottomed at $59.2 million in Q4 2021.
• Historically, Total Non-Current Liabilities has averaged $150.4 million across 5 years, with a median of $170.6 million in 2022.
• Annual changes were most pronounced in 2022 — Total Non-Current Liabilities jumped 188.19% — and 2024, when it slumped 30.55%.
• TH International's Total Non-Current Liabilities stood at $59.2 million in 2021, then surged by 188.19% to $170.6 million in 2022, then advanced by 1.11% to $172.5 million in 2023, then plunged by 30.55% to $119.8 million in 2024, then soared by 66.03% to $198.9 million in 2025.
• Business Quant data shows THCH's Total Non-Current Liabilities at $198.9 million in Q4 2025, $119.8 million in Q4 2024, and $159.4 million in Q1 2024.