Auntea Jenny reported strong interim results for the six months to 30 June 2026, driven by rapid network expansion and resilient consumer demand.
Revenue and Margin • Revenue rose 42.4% year-on-year to RMB 2.59 billion, supported mainly by ingredient and equipment sales to franchisees. • Gross profit increased 43.2% to RMB 818.34 million, keeping the gross margin steady at 31.6%. • Selling and marketing expenses grew 56.1% to RMB 293.21 million, reflecting higher brand-building outlays, while administrative costs remained broadly flat at RMB 95.11 million. • R&D spending expanded 35.5% to RMB 33.63 million as the company pushed product innovation.
Earnings • Profit for the period surged 58.3% to RMB 321.23 million; adjusted profit (excluding share-based payments) rose 41.6% to RMB 345.09 million. • Basic and diluted EPS climbed to RMB 3.05 from RMB 1.97. • Adjusted net margin held stable at 13.33% (2025: 13.40%).
Cash Flow and Balance Sheet • Operating cash flow reached RMB 287.30 million (2025: RMB 223.20 million). • Cash and cash equivalents stood at RMB 1.38 billion, with total interest-bearing debt of RMB 18.60 million. • The gearing ratio moderated to 34.2% from 35.4% at year-end 2025.
Store Network and Operations • Total stores expanded to 13,155 (35 self-operated, 13,120 franchised), up from 9,436 a year earlier. • Third- and lower-tier cities accounted for 53.4% of outlets, underscoring the brand’s lower-tier market focus. • Overseas presence reached 61 stores across the UK, Australia and Indonesia.
Dividends • The board declared an interim dividend of RMB 2.00 per share (RMB 20 per ten shares), amounting to approximately RMB 210.41 million, payable on 29 September 2026.
Capital Allocation • As at period-end, unutilised IPO proceeds totaled HKD 43.60 million, earmarked mainly for R&D and supply-chain upgrades by December 2027. • Capital commitments rose to RMB 46.10 million, focused on business-system development, equipment purchases and fund investments.
Outlook (Company Guidance) Management targets continued “high-quality and orderly” franchise expansion, deeper tea–coffee product integration and further supply-chain optimisation, while sustaining digital investments to enhance operational efficiency and food-safety control.
No material acquisitions, disposals or pledges of assets were reported during the period. The company completed H-share full circulation on 23 July 2026, adding 35.26 million converted H-shares to the market.
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