In the first half of 2024, the company achieved revenue of 2.396 billion yuan, a year-on-year decrease of 10%, and an adjusted net profit of 395 million yuan. As of June 30, 2024, Chabaidao's national stores increased to 8,385, an increase of about 20% over the same period last year.
The financial report shows that Chabaidao has nearly 3.9 billion in cash, bank financial products and deposits. Data shows that in the first half of the year, the number of Chabaidao members reached 114 million, an increase of more than 70% over the same period last year, of which 35 million were active members.
According to the prospectus previously submitted by Cha indonesia phone number sample Baidao, as of the end of 2023, the number of Cha Baidao stores reached 7,801.
Among them, 10.6% of Cha Baidao's stores are located in first-tier cities, 26.9% of its stores are located in new first-tier cities, 20.9% of its stores are located in second-tier cities, 19.4% of its stores are located in third-tier cities, and 22.2% of its stores are located in fourth-tier cities and below.
Judging from the distribution of business formats of the stores, as of the end of last year, the number of Cha Baidao stores in shopping malls , communities, and other business districts accounted for 37.3%, 28.6% and 34.1% of its total stores respectively.
From the perspective of store model, most of Cha Baidao's stores are supported by franchisees. As of the end of 2021, 2022 and 2023, there were 5,070, 6,352 and 7,795 franchise stores in Cha Baidao's store network, accounting for more than 99% of the total number of Cha Baidao stores in operation during the same period.