News for Nayuki Holdings Ltd (2150.HK)

Key Takeaways: Nayuki slipped into the red in the first half of the year, as its margins plunged on sharply lower sales per store amid growing consumer caution The company’s stock is valued far lower than its more aggressive peers that have far bigger store networks using a franchise business model By Doug Young

Key Takeaways: Chabaidao canceled its previously announced dividend, as management said it needs to keep the money for daily operations Nayuki said it fell into the red in the first half of this year due to a weak recovery in consumer demand By Fai Pui

Key Takeaways:

Key Takeaways: Chabaidao’s revenue grew 34.8% to 5.7 billion yuan in 2023, as the company has been consistently profitable over the last three years The premium tea chain operator plans to keep growing through greater penetration in lower-tier cities, expanding overseas and by diversifying into coffee

Key Takeaways: As of the end of last year, Guming had 9,001 outlets nationwide, but all but six of the stores were franchised The company’s profits more than tripled to 990 million yuan in the first nine months of last year, mainly due to sharply reduced losses from fair-value changes By Fai Pui

Key Takeaways: Nayuki is experimenting with a new store format selling traditional-style teas at affordable prices, with the opening of a concept store in Shenzhen The premium tea seller recorded its first-ever adjusted profit in the first half of this year, but could face challenges as consumers rein in their spending

Key Takeaways: HeyTea’s opening of a London store, its first outside Asia, was marked by long lines and general chaos, leading some to complain on social media The premium tea chain has been mum on potential plans to revive a stalled IPO, even as some rivals may be considering Hong Kong and U.S. listings By Edith Terry

Key Takeaways: Nayuki plans to open 474 new stores in the second half of this year, a major boost from its total of 1,194 stores at the end of June The company recorded lower spending per order in the second quarter compared with the first, reflecting growing consumer caution By Doug Young It’s tea time!

Key Takeaways: Premium tea chain Nayuki has quietly begun changing its name to the more Chinese-sounding Naixue in an apparent effort to de-emphasize its Japanese associations The move comes after two other domestic brands were recently attacked by Chinese nationalists for making similar Japanese associations By Doug Young

Premium tea chain Nayuki has quietly begun changing its name to the more Chinese-sounding Naixue in an apparent effort to de-emphasize its Japanese associations.