TH International Ltd (THCH) Balance sheet

Market cap

P/E ratio

	2022/12	2023/12	2024/12
Cash and cash equivalents	239	204	184
Marketable securities, current	372	-	-
Total cash & short-term investments	611	204	184
Accounts receivable, net	6	28	31
Inventories	71	51	38
Total current assets	797	459	417
Property, plant and equipment, net	720	692	502
Total non-current assets	1,845	1,757	1,146
Total assets	2,642	2,215	1,564
Accounts payable	106	225	224
Total current liabilities	1,318	1,396	1,536
Total non-current liabilities	1,213	1,242	861
Total liabilities	2,532	2,638	2,397
Common stock and paid-in capital	1,472	1,808	1,818
Retained earnings	-1,380	-2,256	-2,669
Stockholders' equity	110	-422,429,215	-833,015,406
Working capital