TH International (Tims China) (THCH)

Net assets on the balance sheet as of June 2024 : -$83.84 Million USD

According to TH International (Tims China)'s latest financial reports the company has -$83.84 Million USD 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
2022-12-31	$$15.99 M	-69.95%
2021-12-31	$$53.21 M	-19.85%
2020-12-31	$$66.39 M

What is the market capitalization of a company?

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