TDH Holdings, Inc. Overview
Pro stress-test →TDH Holdings, Inc. is a PRC-based owner, operator and manager of commercial real estate properties, after discontinuing pet food and restaurant segments. The company discontinued its restaurant business in Q2 2024 to focus on commercial real estate property management. The company operates as a micro-cap with minimal revenue but a strong cash position, holding approximately $19.1M in cash and over $33.7M in cash and short-term investments.
Strategic Profile
Pro stress-test →The trailing twelve months (TTM) revenue of TDH Holdings is $1.3M with TTM net income of $1.8M. TDH Holdings received a Nasdaq Listing Qualifications notice dated March 13, 2026, citing non-compliance with Listing Rule 5605 for independent director and audit committee composition. Despite governance challenges, the notice has no immediate effect on the listing while the firm pursues compliance within the cure period.
Competitive Landscape
Pro stress-test →TDH operates in the fragmented commercial real estate management sector with minimal revenue, positioning it as a micro-cap player. While data sources identify comparative restaurant-industry peers (BT Brands, Good Times Restaurants, Ark Restaurants), TDH's current focus on real estate leasing and property management places it in a different category. The company competes indirectly with larger REIT operators and property management firms but lacks scale.
Industry Context
TDH Holdings, Inc. operates in Commercial real estate property management.
Key facts
Founded: 2002 · Headquarters: Beijing, China · Employees: 12 · Revenue: $1.3M (TTM) · Market cap: $13.9M