8.791 billion yuan! Guming's franchise expansion slowed down last year, gross profit increased, but single-store GMV declined.

① The growth of freshly brewed tea beverages is slowing down, competition in the Industry is intensifying, and Gu Ming has launched Low Stock Price products. ② Gu Ming will continue to evaluate opportunities to enter Overseas markets and will also consider building supply chain infrastructure and expanding platforms to support the overseas store network.

cls.cnMar 29 02:12 ET

Affected by public opinion, NONGFU SPRING's net profit growth rate in 2024 has hit the lowest since its IPO, with a 21.3% plunge in bottled water revenue | Earnings Reports insights.

In 2024, NONGFU SPRING's revenue increased by 0.5% year-on-year, Net income rose by 0.4% year-on-year, and the gross margin decreased by 1.4 percentage points to 58.1%. Revenue from packaged drinking water plummeted by 21.3% to 15.95 billion yuan, while the tea beverage Business surged, with revenue significantly increasing by 32.3% to 16.75 billion yuan last year, surpassing packaged drinking water for the first time to become the largest Sector.

wallstreetcnMar 25 08:44 ET

NONGFU SPRING (09633): The 2024 Earnings Reports show a slight increase, with tea beverages becoming the engine of performance growth.

NONGFU SPRING 2024 Earnings Reports: A summary of slightly increased revenue and resilience amidst challenges: Financial performance: Total revenue for 2024 is 42 million yuan,...

wallstreetcnMar 25 07:14 ET

Break the "spell" of the new tea drink's launch failure! The Mixue Group continues to rise, driving a rebound in Consumer investment.

① With a market cap of nearly 110 billion Hong Kong dollars, the Capital Markets recognize the supply chain advantages of "Snow King" and its penetration in the lower-tier market. ② Gao Hongqing, founding partner and CEO of Bailian Zhigao, believes that the free cash flow of Consumer companies will further improve. Although the gross margin of the industry may decrease in the pursuit of cost-effectiveness, the most difficult phase has already passed.

cls.cnMar 4 05:35 ET

AH Stocks opened lower, the Hang Seng Tech Index fell over 2%, BYD shares dropped over 7%, and Mixue Group rose over 4%.

More news, continuously updating.

wallstreetcnMar 3 20:39 ET

"Snow King is starting its IPO today, with Sequoia China, Hillhouse Capital, Meituan Long Zhu, and four other Institutions participating with 0.2 billion USD in the new shares."

① Analysts believe that the active participation and increased investment from top Institutions both domestically and internationally not only indicate recognition of the intrinsic value and long-term growth potential of Mixue Ice City, but also reflect these Institutions' continued optimistic outlook on the Consumer market in China. ② It is worth noting that all three new tea drink Stocks previously listed on the Hong Kong Stock Exchange have, without exception, fallen below their initial prices, and the market is generally concerned about the future performance of "Snow King" on the Hong Kong Stock Exchange.

cls.cnFeb 21 08:44 ET