LKNCY • OTCMKTS
Luckin Coffee Inc - ADR
$13.10
Nov 26, 5:10:01 PM GMT-5 · USD · OTCMKTS · Disclaimer
StockUS listed securityCN headquartered
Previous close
$13.45
Day range
$12.51 - $13.38
Year range
$3.60 - $17.79
Market cap
3.41B USD
Volume
978.69K
P/E ratio
-
Dividend yield
-
Primary exchange
OTCMKTS
Market news
Financial performance
(CNY)Jun 2021Year/year change
Revenue
1.59B106.05%
Net income
-105.77M86.40%
Diluted EPS-0.4286.36%
Net profit margin-6.65%93.40%
Operating income-128.44M82.29%
Net change in cash101.11M-73.29%
Cash on hand5.08B-
Cost of revenue649.83M54.14%
About
Luckin Coffee Inc. is a Chinese coffee company and coffeehouse chain. It was founded in Beijing in 2017. As of January 2020, it managed 4,507 kiosks and exceeded the number of Starbucks stores in China. Most of its stores are small "pick-up" locations in office buildings or college campuses that serve for online orders' pickup and delivery. In April 2020, the company revealed that it had inflated its 2019 sales revenue by up to US$310 million. It resulted in the stock price crashing and several executives being fired. Trading was suspended and the company was delisted from NASDAQ on 29 June 2020. The company filed for Chapter 15 bankruptcy in the US in February 2021. Wikipedia
Founded
Oct 2017
Headquarters
Employees
14,949
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