THCH PRESS-RELEASE SEC Filing Analysis

Latest settled — T+20d ⚠ clustered

THCH ▼ -1.93% at T+20d

SHORT call ✓ call won +1.93% · α vs SPY +8.23% · entry $2.07 → $2.03

Next anchor: T+60d in 26d

Currently $1.73 · +16.43% from $2.07 entry (call sign-flipped)

Entry anchored
Apr 14, 2026
via day open

T+1d

+6.28%

call -6.28% · α -5.51%

$2.20

settled 8w ago

T+5d

-1.45%

call +1.45% · α +2.84%

$2.04

settled 8w ago

T+20d

-1.93%

call +1.93% · α +8.23%

$2.03

settled 5w ago

T+60d

—

call — · α —

—

in 26d

Price Chart

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Executive Summary

TH International Limited (THCH) reported Q4 2025 earnings with total revenues down 7.3% year-over-year to RMB308.5 million ($44.1M), driven by an 8.0% decline in company-owned store revenue and a 1.4% drop in same-store sales. Despite cost improvements and a 4.0% increase in system sales, the company posted a wider GAAP net loss of $32.5M and saw cash reserves decline. Management highlighted operational efficiencies but failed to offset fundamental revenue and profitability challenges.

Actionable Insight

Traders should watch for continued margin pressure and cash burn; despite management's focus on cost controls, declining same-store sales and revenue suggest weakening fundamentals that could pressure the stock further, especially given its already low market cap of $72M.

Key Facts

Total revenues decreased 7.3% YoY to RMB308.5 million ($44.1M)
System sales increased 4.0% YoY to RMB359.4 million ($51.4M)
Same-store sales for company-owned stores declined 1.4% YoY
Net loss from continuing operations widened to $32.5M from $19.9M in Q4 2024
Adjusted corporate EBITDA loss improved to $5.1M from $7.1M in Q4 2024
Cash and equivalents declined to $18.5M from $26.3M in Q4 2024

Financial Impact

Revenue declined 7.3% YoY to $44.1M; net loss widened to $32.5M; cash reserves down $7.8M

revenuenet losscash flowsame-store sales

Risk Factors

Continuing decline in same-store sales and company-owned revenue
Shrinking cash reserves amid ongoing losses

Market Snapshot

Exchange

Nasdaq

Sector

Retail-Eating Places

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3273239

9 reports for THCH

T+1T+5T+20T+60

Filters

Reports for THCH — sortable, filterable
	Type				Now
Jun 10, 2026 3d ago	6-K BEARISH ★ 7/10	$1.80 awaiting T+5	awaiting T+5	—	$1.73 (+3.89%)
Jun 9, 2026 3d ago	6-K MIXED ★ 6/10	$1.80 awaiting T+5	awaiting T+5	—	$1.73 (−3.89%)
Jun 9, 2026 4d ago	Press Release BEARISH ★ 7/10	$1.85 awaiting T+5	awaiting T+5	—	$1.73 (+6.49%)
Jun 1, 2026 12d ago	Press Release NEUTRAL ★ 2/10	$2.01 $1.83	▼ −8.96%	▼ −6.21%	$1.73 (−13.93%)
Apr 15, 2026 8w ago	6-K MIXED ★ 5/10	$2.20 $2.08	▼ −5.68%	▼ −7.32%	$1.73 (−21.36%)
Apr 14, 2026 8w ago	Press Release BEARISH ★ 7/10	$2.07 $2.04	▲ +1.45%	▲ +2.84%	$1.73 (+16.43%)
Apr 10, 2026 9w ago	3 NEUTRAL ★ 3/10	$2.03 $2.10	▲ +3.45%	▼ −1.06%	$1.73 (−14.78%)
Apr 1, 2026 10w ago	EFFECT NEUTRAL ★ 3/10	$2.05 $2.13	▲ +4.00%	▲ +0.23%	$1.73 (−15.61%)
Mar 31, 2026 10w ago	Press Release NEUTRAL ★ 3/10	$2.06 $2.18	▲ +5.83%	▲ +1.88%	$1.73 (−16.02%)

US Market Status

Market Closed — Opens Mon (48h 50m)

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