Chagee Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	13,267	12,406	4,640	491.65
Revenue Growth (YoY)	19.33%	167.35%	843.79%	-
Cost of Revenue	6,755	6,480	2,569	346.13
Gross Profit	6,512	5,925	2,071	145.52
Selling, General & Admin	3,779	2,466	724.53	185.59
Other Operating Expenses	684.69	572.6	272.72	75.76
Operating Expenses	4,487	3,039	997.3	261.36
Operating Income	2,025	2,887	1,074	-115.84
Interest & Investment Income	104.28	37.31	17.02	1.92
Other Non Operating Income (Expenses)	118.76	118.19	-84.79	1.55
Pretax Income	2,248	3,042	1,006	-112.38
Income Tax Expense	451.77	527.51	203.76	-21.66
Earnings From Continuing Operations	1,797	2,515	802.57	-90.72
Minority Interest in Earnings	5.09	1.52	-1.66	-
Net Income	1,802	2,516	800.9	-90.72
Preferred Dividends & Other Adjustments	1,033	1,081	273.96	54.6
Net Income to Common	768.94	1,435	526.94	-145.32
Net Income Growth	-16.83%	214.16%	-	-
Shares Outstanding (Basic)	139	101	104	100
Shares Outstanding (Diluted)	169	101	153	100
Shares Change (YoY)	47.52%	-34.11%	52.73%	-
EPS (Basic)	5.52	14.26	5.04	-1.45
EPS (Diluted)	5.52	14.26	4.98	-1.45
EPS Growth	-53.28%	186.29%	-	-
Free Cash Flow	1,775	2,612	1,902	32.3
Free Cash Flow Per Share	10.51	25.96	12.45	0.32
Gross Margin	49.08%	47.76%	44.64%	29.60%
Operating Margin	15.27%	23.27%	23.15%	-23.56%
Profit Margin	5.80%	11.57%	11.36%	-29.56%
Free Cash Flow Margin	13.38%	21.06%	40.98%	6.57%
EBITDA	2,097	2,948	1,084	-110.93
EBITDA Margin	15.80%	23.76%	23.37%	-22.56%
D&A For EBITDA	71.28	60.9	10.37	4.91
EBIT	2,025	2,887	1,074	-115.84
EBIT Margin	15.27%	23.27%	23.15%	-23.56%
Effective Tax Rate	20.09%	17.34%	20.25%	-
Revenue as Reported	13,267	12,406	4,640	491.65
Advertising Expenses	-	781.2	140.42	39.9

Source: S&P Capital IQ. Standard template. Financial Sources.