Green Tea Group (6831) H2 2025 earnings summary

Executive summary

• FY2025 revenue rose 24.1% YoY to RMB4,763.0m; profit for the year increased 38.9% to RMB486.4m.

• Adjusted net profit, excluding share-based payment expenses, listing expenses and related tax impact, grew 41.0% to RMB508.9m.

• The restaurant network expanded to 609 locations across 148 Chinese Mainland cities and overseas markets, with 157 openings during the year.

Financial highlights

• Revenue was RMB4,763.0m, up 24.1% YoY; profit before tax rose 37.9% to RMB577.1m.

• Profit for the year increased 38.9% to RMB486.4m; attributable profit was RMB486.5m.

• Adjusted net profit rose 41.0% to RMB508.9m; adjusted net profit margin was 10.7%, versus 9.4% in 2024.

• Basic EPS was RMB0.80 versus RMB0.66; diluted EPS was RMB0.80 versus RMB0.65.

Outlook and guidance

• Priorities include measured restaurant expansion, deeper penetration in existing markets, supply-chain optimization, technology and digital-marketing investment, and Southeast Asian expansion.

• Plans include seeking quality acquisition targets to broaden brands and consumer scenarios; no specific material investment plan was set out beyond offering proceeds uses.