TH International (Tims China) (THCH)

Net assets on the balance sheet as of September 2024 : -£73.16 Million

According to TH International (Tims China)'s latest financial reports the company has -£73.16 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TH International (Tims China) - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-£46.91 Million	-454.83%
2022-12-31	$£13.21 M	-66.47%
2021-12-31	$£39.42 M	-19.07%
2020-12-31	$£48.71 M

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The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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TH International (Tims China) (THCH) - Net assets