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蜜雪冰城境外经营管理结构
蜜雪冰城境外经营管理结构
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所属报告:
蜜雪集团-港股公司研究报告-1美元传奇:供应链革新成就全球现饮龙头-250421(66页).pdf
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行业数据
2026-01-28
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行业数据
2026-01-28
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行业数据
2026-01-28
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蜜雪冰城拥有五大生产基地(截至2024年9月30日)
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行业数据
2026-01-28
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蜜雪冰城采购规模大,议价能力强
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市场规模
2026-01-28
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蜜雪集团成长飞轮核心靠规模效应
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市场规模
2026-01-28
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蜜雪冰城在国内平价茶饮市占率超过50%(按
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竞争格局
2026-01-28
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2024版《基础设施和公用事业特许经营管理办法》与2015版相比在特许经营期限上有所调整
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2026-01-22
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图2-74经营管理环节系统解决方案业务模式
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商业模式
2026-01-08
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图3-202023-2025年受访银行数据在风险管理、 内部控制、业务经营领域的应用情况
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行业数据
2025-12-23
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蜜雪冰城更多布局下沉市场(%)
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行业数据
2025-12-08
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2021-2025H1蜜雪冰城加盟商毛开和净开店数量(家)
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2025-11-21
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初期境外收入高速增长,24 年进入策略调整期导致阶段性下滑。国内卓越的供应链能力加持 OV 系帮助和时代红利,使得蜜雪初期在境外发展相对顺利。据公司 A 股招股书,子公司越南雪王和印尼智晟分别负责在越南及印尼从事特许经营业务,1Q22 越南雪王收入和净利润分别为 929/-32.2 万元(净利率-3.5%),印尼智晟收入和净利润分别为 2541/223.6 万元(净利率 8.8%)。据公司 H 股招股书,2021-2023 年境外业务营收从 0.5 亿元快速增长至 14.87 亿元/期间 CAGR 为 445%。随 23 年底进入由重开店数量到重经营质量的策略调整阶段,9M24 营收 9.52 亿元/同比-18.7%,但我们认为境外收入的波动偏阶段性,但经营
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蜜雪集团-港股公司研究报告-1美元传奇:供应链革新成就全球现饮龙头-250421(66页).pdf
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蜜雪冰城创始人及高管团队
蜜雪冰城(公司)境内开店数量及关键事件梳理
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