Then, we can further After excluding this financial liability, the company’s debt ratio was 28% by the end of September
2023 and 23% by the end of September 2024, and its financial situation continues to improve.
In comparison, under the same caliber, the debttoasset sao tome and principe email list 150000 contact leads ratio of Mixue Bingcheng was 24% at the end
of September 2024, while that of Chabaidao, Nayuki Tea and Shanghai Auntie were 25%, 34% and 38% respectively at the end of June 2024.
Therefore, according to this definition, Gu Ming’s debt ratio is actually within the normal range of the
freshly brew tea beverage industry and is better than the industry average.
From the perspective of investors, this indicator is relatively high for Gu Ming as an investment target.
Investment and financing accelerates corporate growth, judging success by longterm fundamentals
In the process of enterprises using investment and financing to promote their own development, the
strategy of capital use is a core issue, which not only involves financial indicators, but also concerns the enterprise development strategy.
The focus of outside attention may be on whether the money is us effectively, whether the investment
is worthwhile, and how it will drive the company’s future valuation. All of these will be reflect in the ability to make money.
Judging from the prospectus, the company has strong fundamentals and performs better than its peers.
In 2023, Gu Ming’s annual revenue was 7.676 billion yuan, and its adjust profit (not measur in
accordance with International Financial using social proof and testimonials to increase credibility Reporting Standards) was 1.459 billion yuan.
In the first three quarters of 2024, the company’s revenue was 6.441 billion yuan, and its adjust profit was 1.149 billion yuan.
The net profit margin increas from 0.5% in 2021 to 17.4%. The company grew against the trend amid fierce competition.
In 2023, the operating profit of a single
Gu Ming franchisee store reach 376,000 yuan, and the singlestore operating profit margin reach
20.2%, significantly exceing the profit margin level of less than 15% in the Chinese massproduc tea
shop market during the same period. In other trust review words, the Gu Ming brand has brought franchisees
better profit margins than other brands. The company has a mutually beneficial and winwin franchisee relationship, which will continue to attract franchisees in the future and form a virtuous circle of Gu Ming’s performance growth Then, we can further .