Research analysts covering Chagee Holdings.
Recent press releases and 8-K filings for CHA.
Chagee Reports Q3 2025 Financial Results and Announces Special Dividend
CHA
Earnings
Dividends
New Projects/Investments
- Chagee reported total net revenue of ¥3,208.3 million, a 9.4% year-over-year decrease, and a non-GAAP net income of ¥502.8 million with a 15.7% margin for Q3 2025.
- The global tea house network expanded to 7,338 stores, with 300 net additions in Q3 2025, including 54 new overseas tea houses in markets such as the Philippines and Vietnam.
- Registered members reached 222 million by the end of Q3 2025, marking a 36.7% year-over-year increase.
- The company announced a special cash dividend of $0.92 per ordinary share or ADS, totaling approximately $177 million, payable around December 15, 2025.
- Chagee is committed to a high-quality development strategy focusing on brand, product, experience, and channels, despite facing short-term market fluctuations and pressure on same-store GMV.
Nov 28, 2025, 12:00 PM
CHAGEE Announces Q3 2025 Financial and Operational Results
CHA
Earnings
New Projects/Investments
Demand Weakening
- For Q3 2025, CHAGEE reported total net revenues of RMB3,208.3 million and Non-GAAP net income of RMB502.8 million. This represents a decline compared to Q3 2024, which saw revenues of RMB3,541 million and Non-GAAP net income of RMB647 million.
- The company's Gross Merchandise Value (GMV) reached RMB7,929.5 million in Q3 2025.
- CHAGEE significantly expanded its global teahouse footprint to 7,338 teahouses as of September 30, 2025, adding 300 net new teahouses quarter-over-quarter, and grew its cumulative registered members to 222.0 million.
- As of September 30, 2025, CHAGEE maintained a strong financial position with RMB9,142 million in cash and equivalents and no interest-bearing debt, while generating RMB456 million in net cash from operating activities during Q3 2025.
Nov 28, 2025, 12:00 PM
CHAGEE Reports Q3 2025 Financial Results
CHA
Earnings
New Projects/Investments
- CHAGEE reported total net revenues of RMB3,208.3 million and Non-GAAP net income of RMB502.8 million for Q3 2025. This is a decrease compared to Q3 2024, which recorded revenues of RMB3,541 million and Non-GAAP net income of RMB647 million.
- The company's global teahouse footprint expanded to 7,338 teahouses as of September 30, 2025, with 300 net new teahouses added quarter-over-quarter.
- Cumulative registered members reached 222.0 million as of September 30, 2025, reflecting a 15.0 million net increase quarter-over-quarter and a 36.7% year-over-year increase.
- CHAGEE maintained a strong liquidity position with RMB9,142 million in cash and cash equivalents, restricted cash, and time deposits, and no interest-bearing debt as of September 30, 2025.
Nov 28, 2025, 12:00 PM
Chagee Holdings Limited Announces Third Quarter 2025 Financial Results
CHA
Earnings
Dividends
Demand Weakening
- Chagee Holdings Limited reported net revenues of RMB3,208.3 million (US$450.7 million) for the third quarter ended September 30, 2025, a decrease from RMB3,541.2 million in the same quarter of 2024.
- GAAP net income was RMB397.9 million (US$55.9 million) in Q3 2025, compared to RMB646.6 million in Q3 2024.
- As of September 30, 2025, the company's teahouse network grew to 7,338 teahouses, representing a 25.9% increase year-over-year, though total GMV decreased to RMB7,929.5 million in Q3 2025 from RMB8,301.4 million in Q3 2024.
- The board of directors authorized a special cash dividend of US$0.92 per ordinary share or American Depositary Shares (ADS), payable around December 15, 2025.
- Cash and cash equivalents, restricted cash, and time deposits increased to RMB9,142.0 million (US$1,284.2 million) as of September 30, 2025, from RMB4,868.7 million as of December 31, 2024.
Nov 28, 2025, 11:26 AM
Chagee Holdings Announces Third Quarter 2025 Unaudited Financial Results
CHA
Earnings
Dividends
Demand Weakening
- Chagee Holdings reported net revenues of RMB3,208.3 million (US$450.7 million) for the third quarter ended September 30, 2025, a decrease from RMB3,541.2 million in the same quarter of 2024.
- GAAP net income was RMB397.9 million (US$55.9 million) in Q3 2025, compared to RMB646.6 million in Q3 2024, with basic net income per ordinary share at RMB2.07 (US$0.29).
- The company's teahouse network expanded to 7,338 teahouses as of September 30, 2025, representing a 25.9% increase year-over-year.
- Total GMV for Q3 2025 was RMB7,929.5 million, a decrease from RMB8,301.4 million in Q3 2024, while overseas GMV increased by 75.3% year-over-year to RMB300.3 million.
- On November 28, 2025, the board of directors authorized a special dividend distribution totaling approximately US$177 million.
Nov 28, 2025, 11:00 AM
Chagee Holdings Reports Q2 2025 Results and Details Global Expansion
CHA
Earnings
New Projects/Investments
Demand Weakening
- Chagee reported Q2 2025 revenue of RMB3.3 billion, a 10.2% year-over-year increase, and GMV of RMB8.1 billion, up 15.5% year-over-year. Gross margin improved to 53.9%, though non-GAAP net margin decreased to 18.9% due to strategic investments.
- Overseas markets showed strong momentum, with GMV increasing 77.4% year-over-year and 31.8% quarter-over-quarter. The company expanded its overseas presence by adding a net 52 stores in H1 2025, totaling 208 stores as of June 30, 2025, and anticipates opening over 200 overseas stores for the full year.
- To accelerate North American expansion, Chagee appointed Emily Chung as Chief Commercial Officer and Aaron Harris as Chief Development Officer for the region.
- Despite competitive pressures from delivery platform subsidies in China impacting average monthly GMV per tea house, Chagee maintains its premium brand positioning and will not participate in price wars, focusing instead on product quality and customer experience.
Aug 29, 2025, 3:16 PM
Quarterly earnings call transcripts for Chagee Holdings.
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