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LKNCY US​
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Luckin Coffee Inc. American Depositary Receipt(LKNCY US)

$32.01+0.210.66%(Market Open · 19:59:58 UTC)
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FinancialsChartingShort InterestEmployees

Luckin Coffee Inc. American Depositary Receipt — Company Profile

Luckin Coffee Inc. operates as a prominent retailer of freshly prepared coffee and a variety of other beverages across the People's Republic of China. Their extensive product range encompasses both hot and iced brewed coffees, including classics like Americano, Latte, and Mocha, as well as unique specialty drinks tailored to market trends and seasonal availability. Beyond coffee, the company offers popular choices such as coconut milk lattes, an assortment of teas, and ready-to-drink options. Customers can also find convenient pre-packaged food items like pastries, sandwiches, and snacks, alongside branded merchandise including cups and tote bags. Luckin Coffee employs a diverse operational strategy, featuring its branded pick-up stores, more spacious 'relax' cafes, and dedicated delivery kitchens. Digital engagement is seamlessly integrated through its proprietary mobile application, a Weixin mini-program, and various third-party payment platforms. Additionally, the company provides technical and consulting services, and is involved in manufacturing materials for its products. As of December 31, 2021, Luckin Coffee had built a substantial footprint with 4,397 company-owned stores, 1,627 partnership locations, and 1,102 automated Luckin Coffee EXPRESS machines. Established in 2017, its corporate headquarters are situated in Xiamen, People's Republic of China.

Sector
Consumer Cyclical
Industry
Restaurants
Exchange
UU
CEO
Jinyi Guo
Headquarters
Xiamen, F4, CN
IPO Date
May 17, 2019
Employees
106,447
Website
investor.lkcoffee.com

Key Metrics

Price
$32.91
Market Cap
$10.53B
Revenue (TTM)
$12.00B
Net Income (TTM)
$506.14M
EPS (TTM)
12.80
P/E (TTM)
2.99
P/B (TTM)
0.65
Dividend Yield
0.00%
ROE (TTM)
20.42%
ROA (TTM)
11.55%
Operating Margin
10.50%
Beta
0.40

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Luckin Coffee Inc. operates as a prominent retailer of freshly prepared coffee and a variety of other beverages across the People's Republic of China. Their extensive product range encompasses both hot and iced brewed coffees, including classics like Americano, Latte, and Mocha, as well as unique specialty drinks tailored to market trends and seasonal availability. Beyond coffee, the company offers popular choices such as coconut milk lattes, an assortment of teas, and ready-to-drink options. Customers can also find convenient pre-packaged food items like pastries, sandwiches, and snacks, alongside branded merchandise including cups and tote bags. Luckin Coffee employs a diverse operational strategy, featuring its branded pick-up stores, more spacious 'relax' cafes, and dedicated delivery kitchens. Digital engagement is seamlessly integrated through its proprietary mobile application, a Weixin mini-program, and various third-party payment platforms. Additionally, the company provides technical and consulting services, and is involved in manufacturing materials for its products. As of December 31, 2021, Luckin Coffee had built a substantial footprint with 4,397 company-owned stores, 1,627 partnership locations, and 1,102 automated Luckin Coffee EXPRESS machines. Established in 2017, its corporate headquarters are situated in Xiamen, People's Republic of China.

Website
investor.lkcoffee.com
Location
Xiamen, F4, CN
Phone86 59 2338 6666
Employees106,447
CEOJinyi Guo
SectorConsumer Cyclical
Industry
Restaurants
IPO DateMay 17, 2019

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Latest Documents

SEC Filings(237)

Expand
  • 3Bao Philip Yifei14 Oct
  • 6-KCurrent report (foreign private issuer)29 Sep
  • SC 13D/ALuckin Coffee Inc.9 Sep
  • 144Camel ZQ Ltd2 Sep
  • 6-KCurrent report (foreign private issuer)1 Sep
  • 4Guo Jinyi7 Aug
  • 4Cao Wenbao6 Aug
  • 144Guo Jinyi5 Aug
  • 144Cao Wenbao4 Aug
  • 6-KCurrent report (foreign private issuer)3 Aug
  • 4An Jing11 Jun
  • 4An Jing4 Jun
  • SC 13GLuckin Coffee Inc.22 May
  • 6-KCurrent report (foreign private issuer)20 May
  • 4An Jing18 May
  • 144An Jing13 May
  • SC 13G/ALuckin Coffee Inc.11 May
  • 144Camel Zhengkai Ltd5 May
  • 6-KCurrent report (foreign private issuer)29 Apr
  • 6-KCurrent report (foreign private issuer)27 Mar

News

  • Luckin Coffee: A 6x Earnings Stock With Almost 30% Growth2 Oct
  • Luckin Coffee Inc. Sponsored ADR (OTCMKTS:LKNCY) Short Interest Update2 Oct
  • Luckin Coffee Announces Appointment of New Director29 Sep
  • Luckin Coffee, flush with Persian Gulf cash, weighs entry into Middle East markets28 Sep
  • Luckin Coffee Celebrates 100 Stores in Singapore28 Sep
  • Luckin Coffee (LKNCY) Upgraded to Strong Buy: What Does It Mean for the Stock?10 Sep
  • New Strong Buy Stocks for September 10th10 Sep
  • Luckin Coffee Announces Upsizing of Share Repurchase Program1 Sep
  • 3 Reasons Why Growth Investors Shouldn't Overlook Luckin Coffee (LKNCY)26 Aug
  • How Much Upside is Left in Luckin Coffee (LKNCY)? Wall Street Analysts Think 33.66%26 Aug
  • Why Luckin Coffee (LKNCY) Might be Well Poised for a Surge14 Aug
  • Is Luckin Coffee (LKNCY) a Solid Growth Stock? 3 Reasons to Think "Yes"10 Aug
  • Wall Street Analysts See a 37.53% Upside in Luckin Coffee (LKNCY): Can the Stock Really Move This High?10 Aug
  • Luckin Coffee: Spamming Store Openings Without Improving Unit Performance3 Aug
  • Luckin Coffee Inc. (LKNCY) Q2 2026 Earnings Call Transcript3 Aug
  • Luckin Coffee: Clear Softness Beneath Ambitious Growth3 Aug
  • Luckin Coffee Announces Second Quarter 2026 Financial Results3 Aug
  • Luckin Coffee: Stop Calling It Chinese Starbucks, This Company Is Different29 Jul
  • Is Luckin Coffee (LKNCY) Stock Undervalued Right Now?28 Jul

Mentions in Filings

  • … erved as a Director of the Company since September 2017. Mr. Getz is now the deputy dean for Alumni, Development, and Special Initiative at the Yale School of Management. He also serves as an independent director of <strong>Luckin Coffee Inc.</strong> (OTC: LKNCY) since December 2022, a director and the board secretary of The Stephan Co. (OTC: SPCO) since February 2017 and March 2017, respectively, and the board trustee of New England Innovation Academy since Feb …
    Mynd.ai, Inc.Luckin Coffee Inc. American Depositary Receipt·20-F - Annual report (foreign private issuer) FY 2025·FY25·28 May
  • … shop industry include both new and well-established quick service restaurants and coffee chains, independent local coffee shop operators, as well as convenience stores and grocery store, with key competitors including <strong>Luckin Coffee</strong>, Starbucks, COTTI Coffee, and Manner. We compete on the basis of product choice, quality, value for money, service and location. In particular, we seek to offer high-quality coffee products at a very attractive price …
    TH International LtdLuckin Coffee Inc. American Depositary Receipt·20-F - ANNUAL REPORT FY 2025·FY25·30 Apr
  • … ince September 2019. He also serves as an independent director and chairman of the audit committee of 21Vianet Group, Inc. since August 2015, and an independent director and chairman of the compensation committee of <strong>Luckin Coffee Inc.</strong> since September 2020 and as independent director and chairman of the audit committee from May 2019 to July 2020, respectively. Mr. Shao also has served as an independent director of Whirlpool (China) Co., Ltd., a pr …
    UTSTARCOM HOLDINGS CORP.Luckin Coffee Inc. American Depositary Receipt·20-F - Annual report (foreign private issuer) FY 2025·FY25·24 Apr
  • … additional exposure to claims and lawsuits as a result of their position in other public companies. For example, one of our directors, Mr. Sean Shao was an independent director and chairman of the audit committee of <strong>Luckin Coffee Inc.</strong> from May 2019 through July 2020 and was chairman of a special committee of the board which investigated accounting improprieties at Luckin Coffee Inc. during 2020. Luckin Coffee Inc. and its directors, including Mr. …
    VNET Group, Inc.Luckin Coffee Inc. American Depositary Receipt·20-F - Annual report (foreign private issuer)·16 Apr·16 Apr
  • … 900 | 125.010 | 237,519.000 | | | | H WORLD GROUP ADR LTD | 1,000 | 47.980 | 47,980.000 | | | | YUM CHINA HOLDINGS INC | 1,500 | 48.540 | 72,810.000 | | | | PDD HOLDINGS ADS INC | 6,700 | 111.960 | 750,132,000 | | | | <strong>LUCKIN COFFEE</strong> ADR REPRESENTING IN | 3,400 | 35,400 | 120,360.000 | | | | LI AUTO ADR INC | 3,500 | 17.080 | 59,780.000 | | | | FULL TRUCK ALLIANCE ADR LTD CLASS | 10,000 | 11.760 | 117,600.000 | | | | NETEASE ADR INC | 4,600 | 139.1 …
    大和アセットマネジメント株式会社Luckin Coffee Inc. American Depositary Receipt·Prospectus - Securities registration statement·08 Sep·7 Sep
  • … SF** | **Lease Type** | | **255 Greenwich (subject)(1)** **Financial District** **New York, NY** | **Target** | **54,337** | **Nov. 2015** | **$96.50** | **MG** | | 102 Fulton Street Financial District Manhattan, NY | <strong>Luckin Coffee</strong> | 1,318 | Q3 2025 | $145.68 | MG | | 62 Fulton Street Financial District Manhattan, NY | Xi’an Famous Foods | 2,350 | Q1 2025 | $89.36 | MG | | 28 Liberty Street Financial District Manhattan, NY | Madman Espresso | 956 …
    Wells Fargo Commercial Mortgage Trust 2026-C66Luckin Coffee Inc. American Depositary Receipt·424H - Preliminary prospectus (Rule 424(h))·Q1 26·24 Mar

Key Stats

Trading

Px/Chg 1D$32.91 / -1.32%
Avg Volume1.36M
Beta0.40
Mkt Cap10.53B
FD Mkt Cap11.57B

Float

Shrs Out/Float320.04M / 269.74M
Short Float0.01%
Days to Cover1.54
Stock Repurchased$0.00

Current Valuation

EV15.25B
EV/EBITDA2.24
EV/Sales0.29
P/B0.65
P/S0.20
FCF Yield-19.55%
ROE20.42%
ROA11.55%
Current Ratio1.70

Estimates

P/E2.99
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings5.212.060.290.472.4420.81
Price / Sales0.230.080.030.040.100.88
Price / Book Value0.230.200.100.110.070.65
Price / Free Cash Flow-0.11-1.315.780.73-0.60-5.12
ENTERPRISE VALUE METRICS
Enterprise Value6,823.6-605.12,870.54,557.812,047.615,247.2
Enterprise Value / Sales0.49-0.040.120.130.961.27
Enterprise Value / EBITDA4.59-0.220.560.649.5212.46
Enterprise Value / EBIT7.19-0.400.921.3014.4019.76

Financials

Full Financials
Millions CNY5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue57.1%7,862.213,526.524,899.834,963.347,945.2
Gross Income60.5%4,245.77,857.713,404.619,441.128,158.6
EBITDA33.5%2,095.52,783.85,115.17,088.06,651.4
EBIT51.6%971.91,515.43,111.63,516.15,136.4
Net Income57.4%571.1496.82,847.52,973.23,502.3
EPS (Diluted)49.9%17.2812.6472.0074.7287.28
BALANCE SHEET
Cash & ST Inv6.1%6,477.63,534.33,489.75,739.98,212.1
Total Assets25.3%12,312.510,480.418,292.023,099.130,320.9
Total Liabilities11%8,681.45,431.210,155.610,046.513,170.6
Total Shareholder Equity35.1%5,145.85,049.28,136.413,052.617,150.3
CASH FLOW
Net Operating Cash Flow163.4%123.419.82,900.44,229.35,938.2
Cap Ex95.9%-173.2-801.0-2,756.7-2,301.8-2,552.2
Free Cash Flow—-49.8-781.2143.71,927.53,386.0

Enterprise Value Bridge

Millions CNY23 Oct '26
Price (As of 23 Oct '26)32.50
Basic Shares320.04
Market Cap10,401.2
Diluted Shares40.49
Fully Diluted Shares Outstanding40.49
Fully Diluted Market Cap1,316.0
+Consolidated Debt7,352.6
−In-the-Money Convertible Debt—
+Capital Leases7,352.6
+Operating Leases—
−Cash & Equivalents-4,146.8
−Short-term Investments-4,143.7
+Total Preferred1,509.0
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value15,116.0

Segment data

Revenue

by Products and services

  • Product62%
  • Revenues From Partnership Stores19%
  • Partnership Stores - Material Sales11%
  • Partnership Stores - Other Services4%
  • Partnership Stores - Profit Sharing3%

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