Luckin Coffee(US:LKNCY) Mei Ri Jing Ji Xin Wen·2025-11-17 15:00Core Insights - Luckin Coffee reported a net revenue of 15.29 billion RMB for Q3 2025, representing a year-on-year growth of 50% [1] - The company achieved a net profit of 1.28 billion RMB, which is a decline of 1.9% compared to the previous year [1] Revenue and Profit Analysis - The significant increase in net revenue indicates strong demand and effective business strategies [1] - The slight decrease in net profit suggests potential cost pressures or changes in operational efficiency [1] Market Dynamics - CEO Guo Jinyi highlighted that the subsidies in the delivery channel have led to explosive growth in order volume and customer numbers [1] - As subsidies shift towards a more refined approach, the company anticipates challenges and pressures for same-store growth in 2026 [1] - Guo emphasized that the delivery model may not be the optimal solution for coffee, indicating a potential shift back to a self-pickup model [1] Strategic Focus - The company is currently focused on executing its business strategy and does not have a clear timeline for returning to the main board of the U.S. capital market [1] - Continuous monitoring of the U.S. capital market remains a priority for the company [1]