Nayuki Holdings Ltd.

Nayuki Holdings Ltd.

HHKEX:2150
0.69
HKD
0.00
(0.00%)
1.81BMarket Cap
Apr 01Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.63
1.46
2.76
3.12
2.5
3.01
2.88
2.54
- -
Basic EPS, GAAP
-0.04
-0.02
-0.18
-3.28
-0.27
0.01
-0.54
-0.14
- -
Free Cash Flow per Basic Share
-0.01
0.07
0.3
-0.18
-0.08
0.17
-0.06
0.11
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.06
-0.09
-0.25
2.88
2.78
2.81
2.3
2.14
2.14
Tangible Book Value per Share
-0.06
-0.09
-0.25
2.88
2.78
2.81
2.3
2.14
2.14
Basic Weighted Avg Shares
1,715
1,715
1,107
1,377
1,715
1,715
1,708
1,708
1,705
Sales/Revenue/Turnover
1,087
2,502
3,057
4,297
4,292
5,164
4,921
4,331
- -
Operating Margin (%)
3.18
4.35
4.94
0.31
-6.04
1.86
-7.28
-2.65
- -
Depreciation Expense
160
354
507
624
698
716
749
542
- -
Net Income, GAAP
-66
-39
-202
-4,525
-469
13
-917
-239
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-6.07
-1.54
-6.6
-105.3
-10.94
0.26
-18.64
-5.52
- -
Working Capital
-565
-931
-1,398
3,341
2,767
1,711
1,741
2,073
2,073
LT Debt
596
962
992
1,032
949
1,342
1,076
784
784
Total Equity
-110
-149
-424
4,943
4,766
4,822
3,916
3,628
3,628
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-9.66
0.28
-20.96
-6.31
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
373
326
244
LT Borrowings
- -
- -
- -
LT Finance Leases
1,076
963
784
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,705
1,705
1,705
Market Capitalization
2,179
1,961
1,624

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
2,893
3,195
2,991
Cash, Cash Equivalents & STI
2,493
2,802
2,662
Accounts Receivable, Net
27
32
30
Inventories
128
116
116
Total Current Liabilities
1,153
1,059
918
Payables & Accruals
- -
- -
- -
ST Debt
373
326
244
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-258.66%
-7.36%
Free Cash Flow
- -
-190.05%
-298.04%
Net Income, GAAP
- -
-1,032.33%
-73.94%
Sales/Revenue/Turnover
- -
8.81%
-11.99%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
5,164
2024
- -
- -
4,921
2025
- -
- -
4,331

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
-0.54
2025
- -
- -
-0.14

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Lin Zhao
Full Time Employees
4,576
Sector
Consumer non-durables
Industry
Food: major diversified
Address
OCT Real One Shenzhen GD China
IPO Date
Jun 30, 2021
Business
Nayuki Holdings Limited Nayuki Holdings Limited (2150.HK 2150.HK) is a Cayman Islands-incorporated investment holding company that operates a leading chain of premium modern teahouses under the Nayuki brand primarily in the People's Republic of China. The company offers freshly-made tea drinks, including fruit teas and milk teas; baked goods; ready-to-drink beverages such as flavored bottled sparkling water; and other products like retail snacks, gift tea boxes, seasonal gift sets, coffee, and peripheral items, sold through self-operated teahouses, online delivery platforms, franchisees, and distribution networks. It conducts operations across Tier 1, New Tier 1, Tier 2, and other cities in mainland China, as well as international markets including Thailand, Macau S.A.R., Singapore, and Malaysia; as of June 30, 2025, the network comprises 1,638 teahouses with 1,321 self-operated stores and 317 franchise stores, supported by approximately 5,033 employees headquartered in Shenzhen's Futian District, where it was founded in 2014. Nayuki Holdings Limited generates the bulk of its revenue from Nayuki self-operated stores through channels including on-site counter orders, pickup orders via WeChat, Alipay, and third-party mini-programs, and delivery orders; the remaining revenue derives from its ready-to-drink beverage business and other lines encompassing franchise fees and retail sales. The company emphasizes product innovation with 70 new beverages and 55 new baked goods launched in 2024 to promote healthy pairings of tea drinks and baked items; it maintains a membership program with over 111 million registered members as of June 2025, achieving monthly repurchase rates around 23-24%. Geographically focused on high-penetration in key cities like Shenzhen, Shanghai, Guangzhou, Wuhan, Xi'an, and Beijing, it targets diverse customer segments with all-day consumption scenarios via differentiated store types. In recent developments, Nayuki Holdings Limited commenced its franchise business in July 2023 to accelerate expansion into mid- and lower-tier cities using automated tea-making and shift scheduling systems, growing franchise stores to 345 by December 31, 2024, before adjusting to 317 by June 30, 2025. The company shut down all stores of its sub-brand Tai Gai in 2024, ceasing operations due to minimal revenue contribution; it continues store portfolio optimization by closing or renovating underperformers, launching new formats like "Nayuki green" stores, and advancing international expansion. In 2025, it introduced innovative healthy products such as the "Daily Fruit & Vegetable Bottle" series and "Fruit & Vegetable Yogurt Smoothie" series under a green strategy, while enhancing digital operations and brand marketing to boost same-store sales and efficiency amid competitive pressures in the freshly-made tea sector.