RAVE Latest Report

Key Financial Data

1. As of December 29, 2024, Rave Restaurant's total operating revenue was RMB28.69 million, gross profit was RMB28.69 million, and net profit was RMB6.07 million, with a net margin of 19.14%.

2. Marketing, sales, and general management expenses were RMB13.67 million, and the net cash provided by operating activities was RMB12.15 million.

3. The cumulative revenue for the first six months of the 2024 fiscal year was US$5.88.1 million, up 0.17% YoY.

Peer Comparison

1. Industry-wide analysis: The restaurant industry is in a recovery phase, especially the fast food and casual dining segments, with consumer spending gradually recovering, driving revenue growth. The industry is becoming more competitive, and companies need to maintain their market share through innovation and improved service quality.

2. Peer evaluation analysis: Rave Restaurant's net margin (19.14%) is higher than the industry average, indicating its competitive advantage in cost control and operational efficiency. Its asset-liability ratio is 14.5%, reflecting a relatively stable financial structure that can withstand the risks brought by market fluctuations.

Summary

Rave Restaurant's financial performance in 2024 shows its strong profitability and relatively healthy financial condition, although the YoY growth in revenue is slow, its net profit and gross margin performance are better than the industry average, indicating that the company has certain advantages in the market competition.

Opportunities

1. With the recovery of the restaurant industry, Rave Restaurant can take advantage of the market recovery to further increase its revenue.

2. By continuously optimizing its brand portfolio and expanding its takeout business, the company is expected to increase its market share.

3. Exploring new business models and product line extensions may bring new sources of revenue.

Risks

1. Intensified competition in the restaurant industry may lead to price wars and declining profit margins.

2. A general decline in per capita consumption may affect the company's long-term profitability.

3. Economic fluctuations may affect consumer spending, putting pressure on revenue.