Reading the tape
NASDAQ: CHA
Chagee Holdings Limited American Depositary Shares
Consumer Defensive · Beverages - Non-Alcoholic
Market Cap
$2.00B
52w High
$35.42
52w Low
$8.98
P/E
11.58
Volume
638.83K
Outstanding Shares
190.76M
Price vs Fundamentals
Why The Stock Is Moving
Likely fundamental deteriorationModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -67.75%Revenue (TTM): 3.71%FCF (TTM): -45.02%
What changed
The stock fell 67.75% over the last year. Revenue grew 3.71% over the trailing twelve months. Operating margin moved from 23.27% to 10.47%. Free cash flow declined 45.02% over the trailing twelve months.
What the market seems to be pricing
The market appears to be responding to weaker operating momentum rather than only rerating the stock.
What would invalidate this read
Operating margin stands at 10.47%. Free cash flow fell 45.02% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
Chagee Holdings Limited, through its subsidiaries, owns, operates, and franchises teahouses under the CHAGEE brand name in the People's Republic of China and internationally.
CEOJunjie Zhang
SectorConsumer Defensive
IndustryBeverages - Non-Alcoholic
Employees4,800
IPO dateApr 17, 2025
Valuation
Forward P/E—
EV/EBITDA4.59
Enterprise value$6.85B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth-12.03%
Gross margin45.86%▲0.09%vs FY2024
Operating margin10.47%▼55.14%vs FY2024
ROE15.94%▼83.19%vs FY2024
Analyst consensus
RatingBuy
Target price$14.00▲33.59%
7
Buy
7
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 29, 2026
Q2 FY26 · EPS est $0.28 · Revenue est $468.16M
View
Dividends
$5.92/shareStretchedCHA pays a dividend with a 56.45% forward yield, covered 1.0× by free cash flow.
Forward Yield
56.45%
Annual Div / Share
$5.92
CAGR
—
Payout Ratio
105.29%
Stretched
Dividend Growth Rate
Dividend Safety
2/10Stretched
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$565/yr
$47/mo
In 5 yrs
$565/yr
$47/mo
In 10 yrs
$565/yr
$47/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$565/yr $47/mo | $565/yr $47/mo | $565/yr $47/mo |
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
High payout ratio
With 105.29% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.
Dividend exceeds free cash flow
Free cash flow covers only 0.97× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.