Overview
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- TickerCHA on Nasdaq1
- IndustryRetail-Eating & Drinking Places1
- HeadquartersSichuan, China1
- Business address15/F, Ifs Building 2, Hongxing Road,, Jinjiang District, Chengdu,, Sichuan, F4 6100003
- Filer categoryNon-accelerated filer3
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We commenced our operations in 2017. In December 2020, Beijing Chagee Catering Management Co., Ltd., or Beijing Chagee, was established, and we currently conduct all of our business in China through Beijing Chagee and its subsidiaries. We do not use a variable interest entity structure.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development15¢$268.5M
- Other costs73¢$1.3B
- Income tax3¢$61.7M
- Profit9¢$167.5M
Out of $1.8B in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Capital spending25¢$59.6M
- Dividends paid75¢$176.3M
Out of $235.1M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.2
Financial statements
No quarterly figures reported.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $1.8B2 | ||
| Research and development | 11.5M CNY2 | 193.5M CNY2 | 268.5M CNY2 |
| Operating income | $192.7M2 | ||
| Income before tax | $231.4M2 | ||
| Income tax | $61.7M2 | ||
| Net income | $167.5M2 | ||
| Earnings per share | $0.902 | ||
| Earnings per share (diluted) | $0.882 | ||
| Shares (weighted, basic) | 104.5M shares2 | 100.6M shares2 | 162.5M shares2 |
| Shares (weighted, diluted) | 152.7M shares2 | 100.6M shares2 | 164.7M shares2 |
No quarterly figures reported.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash | $681.9M2 | $1.1B2 | |
| Receivables | $20.9M2 | ||
| Inventory | $32.6M2 | ||
| Current assets | $1.3B2 | ||
| Property, plant and equipment | $83.5M2 | ||
| Goodwill | $14.0M2 | ||
| Intangible assets | $1.7M2 | ||
| Total assets | $1.6B2 | ||
| Accounts payable | $90.1M2 | ||
| Current liabilities | $407.5M2 | ||
| Long-term liabilities | $148.1M2 | ||
| Total liabilities | $555.7M2 | ||
| Retained earnings | $555.7M2 | ||
| Shareholders’ equity | $1.0B2 | ||
| Shares outstanding | 98.7M shares2 | 190.8M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
Chagee Holdings Ltd. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Chagee Holdings Ltd.
- Fosun International Ltd Filed SCHEDULE 13G/A on Chagee Holdings Ltd., latest Aug 12, 2026 (3 filings since Aug 14, 2025)
- COATUE MANAGEMENT LLC Filed SCHEDULE 13G/A on Chagee Holdings Ltd., latest Feb 17, 2026 (2 filings since Aug 14, 2025)
- Junjie Zhang Filed SCHEDULE 13G/A on Chagee Holdings Ltd., latest Feb 13, 2026 (2 filings since Aug 14, 2025)
- Beijing Qiushi Chenxing Consulting Center (Limited Partnership) Filed SCHEDULE 13G on Chagee Holdings Ltd., latest Aug 28, 2025
- Dengfeng Yin Filed SCHEDULE 13G on Chagee Holdings Ltd., latest Aug 14, 2025
- XVC Fund II LP Filed SCHEDULE 13G on Chagee Holdings Ltd., latest Aug 13, 2025
- Chagee Holdings Ltd. Sichuan, China
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Chagee Holdings Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | 787.3M CNY2 Dec 31, 2025 | 321.7M CNY2 Dec 31, 2024 | +144.7% |
| Accumulated depreciation | 203.6M CNY2 Dec 31, 2025 | 72.7M CNY2 Dec 31, 2024 | +179.9% |
| Property and equipment, net | $83.5M2 Dec 31, 2025 | ||
| Operating-lease assets (leased space) | $182.4M2 Dec 31, 2025 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.1B2 Dec 31, 2025 | ||
| Marketable securities, current | $14.3M2 Dec 31, 2025 | ||
| Long-term investments | $302.0K2 Dec 31, 2025 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $14.0M2 Dec 31, 2025 | ||
| Intangible assets, net (excluding goodwill) | $1.7M2 Dec 31, 2025 |
Inventory
Leadership
Who has led Chagee Holdings Ltd., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJunjie Zhang Mar 18, 2026 to now5
- Chief financial officerHongfei Huang Mar 18, 2026 to now6
- Chief operating officerDengfeng Yin Mar 18, 2026 to now7
Board members and other officers (5)
- Vice PresidentChi Xu Mar 18, 2026 to now8
- Vice PresidentMian Lu Mar 18, 2026 to now9
- Board memberDengfeng Yin Mar 18, 2026 to now7
- Board memberJunjie Zhang Mar 18, 2026 to now5
- Board memberTaisu Zhang Mar 18, 2026 to now10
Timeline
- Mar 18, 2026New chief executive Junjie Zhang becomes CEO5
Calendar
Coming up
- Nov 27, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.29 a share, on Nov 28, 2025.11
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
84 filings to the SEC since October 2021: 1 annual reports, 20 insider forms, 10 large holders, 53 other. The latest 20:
- Oct 13, 20264 EDGAR
- Sep 22, 20264 EDGAR
- Sep 22, 20264 EDGAR
- Sep 18, 20264 EDGAR
- Aug 28, 20266-K EDGAR
- Aug 19, 20264 EDGAR
- Aug 19, 20264 EDGAR
- Aug 19, 20264 EDGAR
- Aug 19, 20264 EDGAR
- Aug 19, 20264 EDGAR
- Aug 12, 2026SCHEDULE 13G/A EDGAR
- Jun 25, 20264 EDGAR
- Jun 5, 2026F-3ASR EDGAR
- May 29, 20266-K EDGAR
- Apr 29, 202620-F EDGAR
- Mar 31, 20266-K EDGAR
- Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
The 84 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Fosun International LtdSCHEDULE 13G/A, 3 filings Aug 14, 2025 to Aug 12, 202612
- COATUE MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Aug 14, 2025 to Feb 17, 202613
- Junjie ZhangSCHEDULE 13G/A, 2 filings Aug 14, 2025 to Feb 13, 202614
- Beijing Qiushi Chenxing Consulting Center (Limited Partnership)SCHEDULE 13G, 1 filing Aug 28, 202515
- Dengfeng YinSCHEDULE 13G, 1 filing Aug 14, 202516
- XVC Fund II LPSCHEDULE 13G, 1 filing Aug 13, 202517
SEC filer profile
How Chagee Holdings Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARChagee Holdings Ltd.1
- CIK0002013649
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsDecember 311
- Industry code (SIC)5810 Retail-Eating & Drinking Places1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address15/F, Ifs Building 2, Hongxing Road,, Jinjiang District, Chengdu,, Sichuan, F4 6100001
- Phone86 028 6900 76661
- Shares outstanding190,763,326 shares; 125,489,219 Common Class A shares; 65,274,107 Common Class B shares as of Dec 31, 20254
- AuditorKPMG Huazhen LLP, Beijing, China PCAOB ID 1186; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMar 6, 20241
- Filings84 in all: 3 (10), 4 (10), UPLOAD (10), DRSLTR (8), DRS/A (7), 6-K (6), CORRESP (6), SCHEDULE 13G (6)1
All 22 form types
SCHEDULE 13G/A (4), 144 (3), F-1/A (3), 144/A (1), 20-F (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), F-1 (1), F-3ASR (1), FWP (1), S-8 (1)
- Latest filingsAnnual report (20-F) Apr 29, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| American depositary shares, each ADS represents one Class A ordinary share, par value US$0.0001 per share | CHA | The Nasdaq Global Select Market |
| Class A ordinary shares, par value US$0.0001 per share | The Nasdaq Global Select Market |
From the cover page of the 20-F filed Apr 29, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 8SEC EDGARChi Xu, Vice President
- 9SEC EDGARMian Lu, Vice President
- 10SEC EDGARTaisu Zhang, Board member
- 11NasdaqNasdaq calendar
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