CHAChagee Holdings Limited
Is the business good?
The checks split: nothing decisive, though earnings fully cash-backed (1.7×).
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
A balanced mix of margins, efficiency, and leverage. ROE 16% = margin × turnover × leverage.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is CHA?
Chagee Holdings Limited keeps 10% of every revenue dollar as operating profit, against 7.8% for the median Restaurants name.
Operating margin · Restaurants median 7.8% · fiscal year to FY2025
- Cash conversion
- 1.66×
Cash conversion · 1.19× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +64%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 2.1%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2023 | 23% |
| FY2024 | 23% |
| FY2025 | 10% |
Details›
- Operating marginfiscal year to FY2025
- 10%
- Net marginfiscal year to FY2025
- 9.1%
- Free cash flow margin
- 9.5%
- R&D as % of revenue
- 2.1%
- Revenue, trailing twelve months
- $12.9B
- Free cash flow, trailing twelve months
- $1.23B
- Net income, trailing twelve months
- $1.17B
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Restaurants
The closest names by size in the same industry