They Refused China’s Price War: Chagee’s Q3 2025 Stress Test скачать в хорошем качестве

They Refused China’s Price War: Chagee’s Q3 2025 Stress Test

Chagee’s Q3 2025 is a textbook “good business, tough setup” quarter: domestic GMV and per-store volumes are down, active users are under pressure, but the overseas network is scaling fast and Q3 gives the first clean read on earnings and share count after the IPO noise. At the same time, Chagee is choosing not to fully join China’s price war, while platforms and beverage peers burn profit and cash to fund promotions. In this video, I walk through the key operating metrics, the food-delivery and beverage price war (Meituan, JD, Alibaba, Luckin, Mixue, Nayuki, Starbucks China), Chagee’s margin and EPS squeeze, the impact of stock-based compensation and dilution, and a restrictive valuation scenario. Chapters 00:00 Introduction 00:15 Operating metrics: China vs overseas 03:23 China’s price war: platforms and beverage peers 09:50 Margins, EPS and SBC dilution 13:16 Valuation, restrictive scenario and special dividend 15:21 Positives and negatives Key topics & keywords : Chagee; Q3 2025; GMV; price war; Meituan; JD; Alibaba; Luckin; Mixue; SBC; EPS; dividend; valuation; China milk tea; stock analysis; Asia equities. Disclaimer : This video is for education and information only and is not investment advice. If you found it useful, feel free to like, subscribe and share. #Chagee #StockAnalysis #ChinaEquities #MilkTea #PriceWar #ValueInvesting #AsiaEquities