CHA FY 2024 Earnings Report — Chagee Holdings Limited American Depositary Shares Revenue & Financial Results | Market Cap Arena

Chagee Holdings Limited American Depositary SharesCHA

FY 2024 Earnings

Reported December 31, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$1.8B	—	$678M	—	167.4%
Op. Income	$422M	—	$157M	—	168.7%
Gross Margin	45.8%	—	42.5%	—	3.3pp
Net Margin	20.3%	—	17.3%	—	3.0pp
EPS (Diluted)	$2.00	—	$0.64	—	214.4%
Free Cash Flow	$379M	—	$278M	—	36.5%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$982M
GROSS PROFIT	$830M
R&D Expenses	$0
Selling & Marketing	$124M
General & Administrative	$200M
SG&A Expenses	$325M
Other Expenses	$84M
Operating Expenses	$408M
Cost & Expenses	$1.4B
OPERATING INCOME	$422M
Interest Income	$5M
Interest Expense	$0
Other Income/Expenses	$23M
INCOME BEFORE TAX	$444M
Income Tax Expense	$77M
Net Income from Continuing Ops	$367M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$368M
Net Income Deductions	$19M
BOTTOM LINE NET INCOME	$348M
D&A	$9M
EBIT	$422M
EBITDA	$431M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$982M
GROSS PROFIT	$830M
R&D Expenses	$0
Selling & Marketing	$124M
General & Administrative	$200M
SG&A Expenses	$325M
Other Expenses	$84M
Operating Expenses	$408M
Cost & Expenses	$1.4B
OPERATING INCOME	$422M
Interest Income	$5M
Interest Expense	$0
Other Income/Expenses	$23M
INCOME BEFORE TAX	$444M
Income Tax Expense	$77M
Net Income from Continuing Ops	$367M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$368M
Net Income Deductions	$19M
BOTTOM LINE NET INCOME	$348M
D&A	$9M
EBIT	$422M
EBITDA	$431M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$367M
Depreciation & Amortization	$9M
Stock-Based Compensation	$88.1K
Deferred Income Tax	-$19M
Other Non-Cash Items	$933.8K
Change in Working Capital	$56M
OPERATING CASH FLOW	$415M
Capital Expenditure	-$35M
Acquisitions (Net)	-$2M
Purchases of Investments	-$44M
Sales/Maturities of Investments	$44M
Other Investing Activities	$999.1K
NET CASH FROM INVESTING	-$34M
Net Debt Issuance	-$314.7K
Common Stock Repurchased	-$31M
Common Dividends Paid	$0
Other Financing Activities	$6M
NET CASH FROM FINANCING	-$25M
FREE CASH FLOW	$379M
Net Change in Cash	$357M

Balance Sheet

Item	Amount
Cash & Equivalents	$695M
Short-Term Investments	$15M
Net Receivables	$29M
Inventory	$19M
Other Current Assets	$17M
TOTAL CURRENT ASSETS	$795M
PP&E (Net)	$118M
Goodwill	$2M
Intangible Assets	$1M
Long-Term Investments	$351.1K
Tax Assets	$37M
Other Non-Current Assets	$11M
TOTAL NON-CURRENT ASSETS	$169M
TOTAL ASSETS	$964M
Account Payables	$87M
Short-Term Debt	$0
Deferred Revenue	$39M
Other Current Liabilities	$38M
TOTAL CURRENT LIABILITIES	$336M
Long-Term Debt	$0
Deferred Revenue NC	$38M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$136M
TOTAL NON-CURRENT LIABILITIES	$226M
TOTAL LIABILITIES	$561M
Common Stock	$11.1K
Additional Paid-In Capital	$13M
Retained Earnings	$402M
Treasury Stock	-$31M
Accum. Other Comp. Income	$3M
Other Equity	-$136M
TOTAL STOCKHOLDERS' EQUITY	$388M
Minority Interest	$15M
TOTAL EQUITY	$402M
TOTAL LIABILITIES & EQUITY	$964M
Total Debt	$80M
Net Debt	-$615M