THCH (TH International) Total Assets : $236.9 Mil (As of Sep. 2024)

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What is TH International Total Assets?

TH International's Total Assets for the quarter that ended in Sep. 2024 was $236.9 Mil.

During the past 12 months, TH International's average Total Assets Growth Rate was -29.20% per year. During the past 3 years, the average Total Assets Growth Rate was 65.70% per year.

During the past 5 years, TH International's highest 3-Year average Total Assets Growth Rate was 65.70%. The lowest was 65.70%. And the median was 65.70%.

Total Assets is connected with ROA %. TH International's annualized ROA % for the quarter that ended in Sep. 2024 was -20.59%. Total Assets is also linked to Revenue through Asset Turnover. TH International's Asset Turnover for the quarter that ended in Sep. 2024 was 0.21.

TH International Total Assets Historical Data

The historical data trend for TH International's Total Assets 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 Total Assets Chart

TH International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

88.75

201.73

378.96

310.28

TH International Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial										357.26	310.28	283.20	251.04	236.88

TH International Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

TH International's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-59.162	+	369.439
	=	310.3

TH International's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	-96.474	+	333.357
	=	236.9

TH International (NAS:THCH) Total Assets Explanation

Total Assets is connected with ROA %.

TH International's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-50.228	/	( (251.039	+	236.883)	/ 2 )
	=	-50.228	/	243.961
	=	-20.59 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

TH International's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	50.813	/	( (251.039	+	236.883)	/ 2 )
=	50.813	/	243.961
=	0.21

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

TH International Total Assets Related Terms

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TH International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » TH International Ltd (NAS:THCH) » Definitions » Total Assets

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 and has the rights to operate Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Through the Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. It is also the operator and developer of Popeyes brand in Mainland China. The firm has two reportable segments; Tim Hortons which generates key revenue, and Popeyes. The company's revenue is derived from its operations in the PRC.