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In a recent filing with the Securities and Exchange Commission, TH International Ltd, known for its presence in the retail eating space under the organizational name 07 Trade & Services, has released its earnings report. The filing, dated Tuesday, April 22, 2025, details the company’s financial performance and is a standard requirement for foreign private issuers in accordance with SEC regulations.
TH International Ltd, which operates out of Shanghai, People’s Republic of China, is incorporated under the laws of E9 and concludes its fiscal year on December 31. The company’s business address is listed c/o Cartesian Capital Group LLC in New York, NY, indicating a connection with the American investment firm known for its global reach. According to InvestingPro data, the company faces significant financial challenges, with a concerning debt-to-capital ratio of 0.75 and negative EBITDA of -$16.57 million.
The earnings release, identified as Exhibit 99.1 in the filing, provides key financial data and operational highlights for the company. InvestingPro analysis reveals concerning trends, including an 11.7% revenue decline and negative free cash flow. Subscribers to InvestingPro have access to over 10 additional key insights and detailed financial metrics about the company’s performance.
Yongchen Lu, the Chief Executive Officer of TH International Ltd, signed the report on behalf of the company, ensuring compliance with the SEC’s reporting standards. As a foreign private issuer, TH International Ltd opts to file annual reports under the cover of Form 20-F, which is designated for non-U.S. registrants.
Investors and stakeholders of TH International Ltd can reference this SEC filing to gain a clearer understanding of the company’s financial health and business trajectory. The report is based on a press release statement and adheres to the SEC’s requirements for transparency and factual reporting.
This financial disclosure comes amidst a broader context of the retail eating sector’s performance, with TH International Ltd maintaining its position in the competitive market. The company’s presence on the SEC file number 001-41516, along with its earnings release, underscores its ongoing business activities and commitment to regulatory compliance.
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