奈雪的茶中期报告2024

(Incorporated in the Cayman Islands with limited liability)() Stock Code: 2150 CONTENTS目錄 2Corporate Information公司資料5Management Discussion and Analysis管理層討論及分析28Other Information其他資料46Review Report審閱報告48Consolidated Statement of Profit or Loss綜合損益表49Consolidated Statement of Profit or Loss andOther Comprehensive Income綜合損益及其他全面收益表50Consolidated Statement of Financial Position綜合財務狀況表52Consolidated Statement of Changes in Equity綜合權益變動表54Condensed Consolidated Cash Flow Statement簡明綜合現金流量表56Notes to the Unaudited Interim Financial Report未經審核中期財務報告附註81Definitions釋義 CORPORATE INFORMATION公司資料 COMPANY NAMENayuki Holdings Limited 公司名稱奈雪的茶控股有限公司 董事 DIRECTORS 執行董事 趙林先生（董事長及首席執行官）彭心女士鄧彬先生 Executive Directors Mr. Zhao Lin(Chairman and Chief Executive Officer)Ms. Peng XinMr. Deng Bin 非執行董事魏國興先生馬焱俊先生 Non-executive DirectorsMr. Wei GuoxingMr. Ma Yanjun 獨立非執行董事 劉異偉先生張蕊女士謝永明先生 Independent Non-executive Directors Mr. Liu YiweiMs. Zhang RuiMr. Xie Yongming 審核委員會 AUDIT COMMITTEE Ms. Zhang Rui(Chairperson)Mr. Liu YiweiMr. Xie Yongming 張蕊女士（主席）劉異偉先生謝永明先生 NOMINATION COMMITTEE 提名委員會 Mr. Zhao Lin(Chairperson)Mr. Liu YiweiMr. Xie Yongming 趙林先生（主席）劉異偉先生謝永明先生 REMUNERATION COMMITTEE 薪酬委員會 劉異偉先生（主席）趙林先生謝永明先生 Mr. Liu Yiwei(Chairperson)Mr. Zhao LinMr. Xie Yongming COMPANY SECRETARYMs. Shi Chao 公司秘書 史超女士 AUTHORISED REPRESENTATIVES 授權代表 趙林先生史超女士 Mr. Zhao LinMs. Shi Chao 核數師 AUDITOR 畢馬威會計師事務所根據《會計及財務匯報局條例》註冊的公眾利益實體核數師香港中環遮打道10號太子大廈8樓 KPMG Public Interest Entity Auditor registered in accordancewith the Accounting and Financial Reporting Council Ordinance8th Floor, Prince’s Building10 Chater RoadCentral, Hong Kong CORPORATE INFORMATION公司資料 法律顧問 LEGAL ADVISERS 有關香港法律：周俊軒律師事務所與通商律師事務所聯營香港中環遮打道18號歷山大廈3401室 As to Hong Kong laws:Eric Chow & Co. in Association withCommerce & Finance Law Offices3401, Alexandra House18 Chater RoadCentralHong Kong REGISTERED OFFICE IN CAYMAN ISLANDS 開曼群島註冊辦事處 Walkers Corporate Limited190 Elgin Avenue, George TownGrand Cayman KY1-9008Cayman Islands Walkers Corporate Limited190 Elgin Avenue, George TownGrand Cayman KY1-9008Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN THE PRC 總部及中國主要營業地點 中國深圳市寶安區寶興路華僑城瑞灣府4-5樓 4-5F, OCT REAL ONEBaoxing RoadBao’an DistrictShenzhenThe PRC PRINCIPAL PLACE OF BUSINESS INHONG KONG 香港主要營業地點 香港灣仔皇后大道東248號大新金融中心40樓 40th Floor, Dah Sing Financial CentreNo. 248 Queen’s Road EastWanchaiHong Kong 開曼群島股份過戶登記總處 PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN THE CAYMAN ISLANDS Walkers Corporate Limited190 Elgin AvenueGeorge TownGrand Cayman KY1-9008Cayman Islands Walkers Corporate Limited 190 Elgin AvenueGeorge TownGrand Cayman KY1-9008Cayman Islands CORPORATE INFORMATION公司資料 香港證券登記處 HONG KONG SHARE REGISTRAR 香港中央證券登記有限公司香港灣仔皇后大道東183號合和中心17樓1712-1716號舖 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17th FloorHopewell Centre183 Queen’s Road East, WanchaiHong Kong PRINCIPAL BANKERS 主要往來銀行 招商銀行股份有限公司深圳分行中國深圳市福田區深南大道2016號招商銀行深圳分行大廈 China Merchants Bank Co., Ltd.Shenzhen BranchChina Merchants Bank Shenzhen Branch BuildingNo. 2016, Shennan BlvdFutian DistrictShenzhenThe PRC 中信銀行股份有限公司深圳分行中國深圳市福田區中心三路8號卓越時代廣場二期北座5-10層 China CITIC Bank Corporation LimitedShenzhen Branch5-10/F, North Tower, Excellence Times Plaza IINo. 8 Zhong Xin San RoadFutian DistrictShenzhenThe PRC 股份代號2150 STOCK CODE2150 公司網址www.naixue.com 投資者聯絡方式ir@pin-dao.cn CONTACT INFORMATION FOR INVESTORSir@pin-dao.cn MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 1.BUSINESS REVIEW 1.業務回顧 In the first half of 2024, the Group’s revenue decreased by 1.9%to RMB2,544.4 million from RMB2,593.8 million for the six monthsended June 30, 2023. The adjusted net (loss)/profit turned fromprofit of RMB70.2 million for the six months ended June 30, 2023 toloss of RMB437.7 million in the same period in 2024. 2024年上半年，本集團收入由截至2023年6月30日止六個月的人民幣2,593.8百萬元下跌1.9%至人民幣2,544.4百萬元。經調整淨（虧損）╱利潤由截至2023年6月30日止六個月的盈利人民幣70.2百萬元變為2024年同期的虧損人民幣437.7百萬元。 In the first half of 2024, we recorded store-level operating profitof RMB165.1 million forNayukiself-operated stores, representinga decrease of 65.1% compared to the same period in 2023. In thefirst half of 2024, the store-level operating profit margin ofNayukiself-operated stores was 7.8%, representing a decrease of 12.3percentage points compared to the same period in 2023. Net cashgenerated from operating activities of the Group decreased by73.3% from RMB388.1 million for the six months ended June 30,2023 to RMB103.8 million. 2024年上半年，奈雪的茶 直營門店錄得門店經營利潤人民幣165.1百萬元，較2023年同期下跌65.1%。2024年上半年，奈雪的茶 直營門店門店經營利潤率為7.8%，較2023年同期下跌12.3個百分點。本集團經營活動所得現金淨額由截至2023年6月30日止六個月的人民幣388.1百萬元下跌73.3%至人民幣103.8百萬元。 As of June 30, 2024, the Group had a total of 297Nayukifranchisestores, and we plan to provide the market with more information onthe performance of the franchise stores at an appropriate time. Forthe avoidance of doubt, unless otherwise stated, the figures in thesection headed “Management Discussion and Analysis” in respectofNay