Update date
31 Dec 2025
Shareable Research Card
This metric view shows THCH - TH International Ltd intangible assets, net (excluding goodwill) history from SEC company facts.
Use it to verify the latest reported value, compare nearby periods, and jump to a cross-company ranking when a curated insight exists.
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Values may differ by reporting period and company taxonomy.
Return Loop
This metric history becomes more useful after the next quarterly or annual filing because the latest reported value, period, and company comparison context can all change.
Metric freshness comes from the latest SEC company fact available for this taxonomy tag and the paired company facts page.
Latest update
Latest reported intangible assets, net (excluding goodwill): ¥81,014,374. Open the source-backed page to compare this metric with the newest filing-backed context.
Update date
31 Dec 2025
Page type
Metric history
Latest period
Q4 2025
SEC-backed company facts were refreshed from filings filed on 30 Apr 2026.
Benchmark Context
TH International Ltd sits in the upper half of the current intangible assets, net (excluding goodwill) sample.
Compared with
Compared with 101 companies reporting intangible assets, net (excluding goodwill) in CNY. This keeps the comparison on the same metric and unit family.
Why this is notable
This is about 2.1x the current sample midpoint. Intangible Assets, Net (Excluding Goodwill) is down about 16% versus the comparable prior period.
Peer comparisons use the same metric and compatible units only. Latest reported periods may differ across companies, so open each company page before drawing conclusions.
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Financial Metric Page
Latest period: Q4 2025. Period end: 31 Dec 2025. Units: CNY. Frequency: quarterly.
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges.
Source: SEC Company Facts
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Reporting periods may differ by company.
Direct filing link is shown only when a matched SEC filing document is available for this metric context.
Compare latest available Intangible Assets, Net (Excluding Goodwill) levels across SEC-reporting companies, then open each company metric page for SEC-backed verification. Reporting periods may differ by company.
TH International Ltd appears at rank #34 in the latest comparison sample.
| Rank | Company | Latest value | Reported period | Next step |
|---|---|---|---|---|
| 1 | Trip.com Group Ltd (tcom) | ¥12,862,000,000 | Instant - 31 Dec 2025 | Open Trip.com Group Ltd Intangible Assets, Net (Excluding Goodwill) |
| 2 | H World Group Ltd (htht) | ¥5,028,000,000 | Instant - 31 Dec 2025 | Open H World Group Ltd Intangible Assets, Net (Excluding Goodwill) |
| 3 | XPENG INC. (xpev) | ¥4,253,168,000 | Instant - 31 Dec 2025 | Open XPENG INC. Intangible Assets, Net (Excluding Goodwill) |
| 4 | Baidu, Inc. (bidu) | ¥3,891,000,000 | Instant - 31 Dec 2025 | Open Baidu, Inc. Intangible Assets, Net (Excluding Goodwill) |
| 5 | JOYY Inc. (joyy) | ¥2,245,962,000 | Instant - 31 Dec 2020 | Open JOYY Inc. Intangible Assets, Net (Excluding Goodwill) |
| 6 | VNET Group, Inc. (vnet) | ¥2,004,710,000 | Instant - 31 Dec 2025 | Open VNET Group, Inc. Intangible Assets, Net (Excluding Goodwill) |
Compare periods with the same frequency first, then use YoY and TTM series to confirm whether changes are structural or one-off.
| Period | Value | YoY Chg | Change % | Date | Report | Filed | Fiscal Year | Fiscal Period |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | ¥81,014,374 | -¥16,004,714 | -16% | 31 Dec 2025 | 20-F | 30 Apr 2026 | 2025 | FY |
| Q4 2024 | ¥97,019,088 | -¥13,946,985 | -13% | 31 Dec 2024 | 20-F | 30 Apr 2026 | 2025 | FY |
| Q4 2023 | ¥110,966,073 | +¥14,947,760 | +16% | 31 Dec 2023 | 20-F | 15 May 2025 | 2024 | FY |
| Q4 2022 | ¥96,018,313 | +¥18,424,633 | +24% | 31 Dec 2022 | 20-F | 30 Apr 2024 | 2023 | FY |
| Q4 2021 | ¥77,593,680 | 31 Dec 2021 | 20-F | 28 Apr 2023 | 2022 | FY |