TH International (TH International) Tax Rate % : 0.00% (As of Mar. 2024)

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What is TH International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TH International's Tax Expense for the three months ended in Mar. 2024 was $0.0 Mil. TH International's Pre-Tax Income for the three months ended in Mar. 2024 was $-19.8 Mil. Therefore, TH International's Tax Rate % for the quarter that ended in Mar. 2024 was 0.00%.

TH International Tax Rate % Historical Data

The historical data trend for TH International's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TH International Tax Rate % Chart

TH International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-0.01

TH International Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial									-	-	-	-0.03	-

TH International Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

TH International's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0.014	/	-122.242
	=	-0.01 %

TH International's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0	/	-19.833
	=	0.00 %

TH International Tax Rate % Related Terms

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TH International (TH International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » TH International Ltd (NAS:THCH) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 Huangpi North Road, 2501 Central Plaza, Shanghai, CHN, 200003

Website

https://www.timschina.com

TH International Ltd is the parent company of the franchise of Tim Hortons coffee shops for Restaurant Brands International Inc. It is an emerging coffee champion in China. It builds coffee and bake shop in mainland China. Through its Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company's revenue is derived from operations in the PRC.