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肖博纳
肖博纳
·
05-03 19:33
可以创立一个小而美的品牌,或去收购一个
奈雪的茶2025年营收43.31亿元,亏损大幅收窄并聚焦门店及治理优化
奈雪的茶控股有限公司于2025年度实现收入人民币43.31亿元,较2024年的49.21亿元下降12.0%,主要由于部分表现欠佳的门店关闭及瓶装茶饮业务营收下降所致。年内录得亏损为人民币2.43亿元,较上年度的9.26亿元显著收窄,调整后净亏损亦由2024年的9.19亿元下降至2.41亿元,反映经营效率有所改善。公司自营门店仍是主要营收来源,于2025年贡献约38.24亿元,占总收入的88.3%。
奈雪的茶2025年营收43.31亿元,亏损大幅收窄并聚焦门店及治理优化
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肖博纳
肖博纳
·
2025-10-18
心里想的被市场情绪左右,真是大忌
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肖博纳
肖博纳
·
2025-10-10
已经无药可救
@空军大队长:
$BABA 20251031 200.0 CALL$ 我不想活了
$BABA 20251031 200.0 CALL$ 我不想活了
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肖博纳
肖博纳
·
2025-08-01
$绿茶集团(06831)$
调整已经到底,不用控慌。
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肖博纳
肖博纳
·
2025-05-16
$绿茶集团(06831)$
绿茶餐厅基本在浙江省,基本面没问题。估计会与古茗一样的走势
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肖博纳
肖博纳
·
2025-05-16
$高途(GOTU)$
目标8元,上升通道已经打开
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肖博纳
肖博纳
·
2024-10-08
$百度集团-SW(09888)$
坚定持有
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Limited)于2025年度实现收入人民币43.31亿元,较2024年的49.21亿元下降12.0%,主要由于部分表现欠佳的门店关闭及瓶装茶饮业务营收下降所致。年内录得亏损为人民币2.43亿元,较上年度的9.26亿元显著收窄,调整后净亏损亦由2024年的9.19亿元下降至2.41亿元,反映经营效率有所改善。</p>\n<p>公司自营门店仍是主要营收来源,于2025年贡献约38.24亿元,占总收入的88.3%。瓶装饮料部分实现收入1.79亿元,“其他”门类(包含礼盒及季节性产品等)收入约占7.6%。报告期内共推出70款现制茶饮和54款烘焙新品,并进一步完善会员体系,年末注册会员总数达到约1.189亿,月度活跃会员约360万人。同店销售额同比提升6.3%,门店日均销售额升至约7,700元,日均订单量增至313单。</p>\n<p>公司在成本端整体支出回落。材料成本为14.70亿元,占收入比重约34.0%;员工成本12.22亿元,同比下降14.9%;使用权资产折旧及其他资产折旧摊销合计5.42亿元,财务成本由6,886.3万元降至4,034.4万元。广告及推广费用、物流及仓储费、水电开支等经营费用相较上年亦有不同幅度下降,综合毛利率因成本控制与门店效率提升等因素而改善。</p>\n<p>资产负债结构方面,截至2025年12月31日,集团总资产53.42亿元,较2024年底下降13.4%,主要为使用权资产及其他非流动资产减少所致;总负债为17.14亿元,同比下降23.8%,其中租赁负债有所回落。公司持有的现金及现金等价物大幅增至15.85亿元,经营活动及投资活动的净现金流均较去年显著改善,为升级门店与业务扩张提供了稳健支持。</p>\n<p>报告期内,集团董事会及管理层人事变动频繁。执行董事兼首席运营官邓彬于2025年2月辞任,非执行董事魏国兴、马焱俊亦相继离任;原独立非执行董事张睿于2025年8月1日不再担任相关职务,由新委任的独立非执行董事张立勋接任审计委员会主席。截至年末,董事会由2名执行董事和3名独立非执行董事组成,赵林继续担任董事会主席及首席执行官,彭心担任执行董事兼总经理,独立非执行董事为刘兴伟、谢永明及张立勋。董事会下设审计、提名和薪酬委员会等专业委员会,分别负责内部控制、公司治理及激励机制等事务。</p>\n<p>公司在董事会报告及公司治理章节中列明了主要风险,包括对品牌认可度及现制茶饮市场需求的依赖,新业务模式和新门店业态的可行性挑战,中国新式茶饮市场竞争日趋激烈以及产品容易被复制等。为应对潜在不确定性,公司持续在门店与产品创新、运营效率提升、数字化管理及品牌建设等领域加大投入,同时落实完善的内控与合规体系,定期对财务风险、人力资源管理、信息安全等进行管控与评估。</p>\n<p>在行业环境普遍竞争激烈的背景下,奈雪的茶继续深耕中高端茶饮市场,并计划于2026年前后进一步扩充门店网络,重点关注竞争优势突出的重点城市,同时强化区域管理和产品多元化策略,以应对日益变化的消费者需求并实现业务的持续优化和升级。</p>","collect":0,"html":"<!DOCTYPE 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{color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n奈雪的茶2025年营收43.31亿元,亏损大幅收窄并聚焦门店及治理优化\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1097772564\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">公告速递 </p>\n<p class=\"h-time\">2026-04-29 18:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>奈雪的茶控股有限公司(Nayuki Holdings Limited)于2025年度实现收入人民币43.31亿元,较2024年的49.21亿元下降12.0%,主要由于部分表现欠佳的门店关闭及瓶装茶饮业务营收下降所致。年内录得亏损为人民币2.43亿元,较上年度的9.26亿元显著收窄,调整后净亏损亦由2024年的9.19亿元下降至2.41亿元,反映经营效率有所改善。</p>\n<p>公司自营门店仍是主要营收来源,于2025年贡献约38.24亿元,占总收入的88.3%。瓶装饮料部分实现收入1.79亿元,“其他”门类(包含礼盒及季节性产品等)收入约占7.6%。报告期内共推出70款现制茶饮和54款烘焙新品,并进一步完善会员体系,年末注册会员总数达到约1.189亿,月度活跃会员约360万人。同店销售额同比提升6.3%,门店日均销售额升至约7,700元,日均订单量增至313单。</p>\n<p>公司在成本端整体支出回落。材料成本为14.70亿元,占收入比重约34.0%;员工成本12.22亿元,同比下降14.9%;使用权资产折旧及其他资产折旧摊销合计5.42亿元,财务成本由6,886.3万元降至4,034.4万元。广告及推广费用、物流及仓储费、水电开支等经营费用相较上年亦有不同幅度下降,综合毛利率因成本控制与门店效率提升等因素而改善。</p>\n<p>资产负债结构方面,截至2025年12月31日,集团总资产53.42亿元,较2024年底下降13.4%,主要为使用权资产及其他非流动资产减少所致;总负债为17.14亿元,同比下降23.8%,其中租赁负债有所回落。公司持有的现金及现金等价物大幅增至15.85亿元,经营活动及投资活动的净现金流均较去年显著改善,为升级门店与业务扩张提供了稳健支持。</p>\n<p>报告期内,集团董事会及管理层人事变动频繁。执行董事兼首席运营官邓彬于2025年2月辞任,非执行董事魏国兴、马焱俊亦相继离任;原独立非执行董事张睿于2025年8月1日不再担任相关职务,由新委任的独立非执行董事张立勋接任审计委员会主席。截至年末,董事会由2名执行董事和3名独立非执行董事组成,赵林继续担任董事会主席及首席执行官,彭心担任执行董事兼总经理,独立非执行董事为刘兴伟、谢永明及张立勋。董事会下设审计、提名和薪酬委员会等专业委员会,分别负责内部控制、公司治理及激励机制等事务。</p>\n<p>公司在董事会报告及公司治理章节中列明了主要风险,包括对品牌认可度及现制茶饮市场需求的依赖,新业务模式和新门店业态的可行性挑战,中国新式茶饮市场竞争日趋激烈以及产品容易被复制等。为应对潜在不确定性,公司持续在门店与产品创新、运营效率提升、数字化管理及品牌建设等领域加大投入,同时落实完善的内控与合规体系,定期对财务风险、人力资源管理、信息安全等进行管控与评估。</p>\n<p>在行业环境普遍竞争激烈的背景下,奈雪的茶继续深耕中高端茶饮市场,并计划于2026年前后进一步扩充门店网络,重点关注竞争优势突出的重点城市,同时强化区域管理和产品多元化策略,以应对日益变化的消费者需求并实现业务的持续优化和升级。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02150":"奈雪的茶"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137818730","content_text":"奈雪的茶控股有限公司(Nayuki 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