Core Insights - Chagee Holdings Limited, listed on NASDAQ as CHA, is a significant player in the premium tea drinks market, with a teahouse network expansion to 7,338 locations, a 25.9% increase from the previous year [1] - The company reported earnings per share of $0.36, meeting estimates, but its revenue of approximately $3.21 billion fell short of the expected $3.74 billion, indicating challenges in meeting market expectations [2][6] - Chagee's third-quarter performance showed disappointing results, with a total Gross Merchandise Value (GMV) of RMB7.93 billion, down from RMB8.3 billion in the same period of 2024, and a decline in GMV in Greater China to RMB7.63 billion from RMB8.13 billion [3][6] - The overseas market demonstrated strong growth, with GMV reaching RMB300.3 million, a 75.3% increase year-over-year, highlighting potential in international markets [4][6] - Financially, Chagee has a price-to-earnings (P/E) ratio of 12.29, a price-to-sales ratio of 1.45, a low debt-to-equity ratio of 0.12, and a current ratio of 4.22, indicating strong liquidity and conservative debt use [5][6]
Chagee Holdings Limited's Financial Performance and Market Challenges