Luckin Coffee Inc
OTC:LKNCY
Luckin Coffee Inc
Other Current Assets
Luckin Coffee Inc
Other Current Assets Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Current Assets | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Luckin Coffee Inc
OTC:LKNCY
|
Other Current Assets
ÂĄ493.8m
|
CAGR 3-Years
4%
|
CAGR 5-Years
23%
|
CAGR 10-Years
N/A
|
||
Yum China Holdings Inc
NYSE:YUMC
|
Other Current Assets
$137m
|
CAGR 3-Years
-9%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
||
Haidilao International Holding Ltd
HKEX:6862
|
Other Current Assets
ÂĄ836.5m
|
CAGR 3-Years
-9%
|
CAGR 5-Years
-19%
|
CAGR 10-Years
N/A
|
||
Guangzhou Restaurant Group Co Ltd
SSE:603043
|
Other Current Assets
ÂĄ78.4m
|
CAGR 3-Years
0%
|
CAGR 5-Years
9%
|
CAGR 10-Years
N/A
|
||
D
|
DPC Dash Ltd
HKEX:1405
|
Other Current Assets
ÂĄ18m
|
CAGR 3-Years
-8%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
S
|
Sichuan Baicha Baidao Industrial Co Ltd
HKEX:2555
|
Other Current Assets
ÂĄ26.5m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Luckin Coffee Inc
Glance View
In the dynamic world of coffee commerce, Luckin Coffee Inc. emerged as a bold disruptor in China’s caffeine market. Founded in 2017, the company rapidly expanded its footprint through a savvy blend of technology and convenience, challenging entrenched giants like Starbucks. At the heart of Luckin’s strategy is its mobile app, which facilitates seamless ordering, payment, and loyalty rewards, allowing customers to grab their latte with minimal wait time. This tech-centric approach not only appeals to China’s digitally savvy consumers but also significantly reduces operational costs by placing strategic emphasis on smaller, less costly locations. By focusing on takeaway and delivery services over traditional in-store experiences, Luckin shifts the paradigm, catering to the hustle and bustle of urban life. Luckin’s business model hinges on leveraging data analytics to optimize product offerings and customer engagement. With a robust digital ecosystem, it collects customer preferences and purchasing habits to tailor marketing strategies and introduce new, appealing products. Revenue is primarily driven through direct coffee sales, complemented by food items and seasonal specialties. The company also engages in strategic partnerships and collaborations, further enhancing brand visibility and appeal. Despite facing significant challenges, including a major accounting scandal in 2020, Luckin has shown resilience, restructuring and refocusing under new leadership. This adaptability, coupled with its technological innovations and agile business model, continues to define its narrative in the competitive coffee landscape.
See Also
What is Luckin Coffee Inc's Other Current Assets?
Other Current Assets
493.8m
CNY
Based on the financial report for Dec 31, 2023, Luckin Coffee Inc's Other Current Assets amounts to 493.8m CNY.
What is Luckin Coffee Inc's Other Current Assets growth rate?
Other Current Assets CAGR 5Y
23%
Over the last year, the Other Current Assets growth was 46%. The average annual Other Current Assets growth rates for Luckin Coffee Inc have been 4% over the past three years , 23% over the past five years .