|
Cayman Islands
(州または他の管轄 会社や組織を設立) |
| |
5812
(主要標準工業 分類コード番号) |
| |
Not Applicable
(I.R.S. Employer 識別子) |
|
|
Jesse Sheley
Joseph Raymond Casey Ram Narayan Min Lu Kirkland&Ellis International LLP 26th Floor, Gloucester Tower The Landmark 15 Queen’s Road Central Hong Kong Tel: +852-3761-3300 |
| |
Steve Lin
Kirkland&Ellis International LLP 29th Floor, China World Office 2 No.1 Jian Guo Men Wai Avenue Beijing 100004, P.R. China Tel: +86 10-5737-9300 |
|
|
ABOUT THIS PROSPECTUS
|
| | | | 1 | | |
|
市場、業界などのデータ
|
| | | | 2 | | |
|
ティム·ホートンに関する声明
|
| | | | 3 | | |
|
商標、商号、サービスマーク
|
| | | | 3 | | |
|
為替レートに関する重要な情報
|
| | | | 3 | | |
|
SELECTED DEFINITIONS
|
| | | | 4 | | |
|
SUMMARY
|
| | | | 6 | | |
|
登録証券
|
| | | | 30 | | |
|
統合財務情報
をまとめる
|
| | | | 33 | | |
|
RISK FACTORS
|
| | | | 39 | | |
|
前向き陳述に関する警告声明
|
| | | | 80 | | |
|
USE OF PROCEEDS
|
| | | | 81 | | |
|
DIVIDEND POLICY
|
| | | | 82 | | |
|
CAPITALIZATION
|
| | | | 83 | | |
|
BUSINESS
|
| | | | 84 | | |
|
経営陣の財務状況と経営成果の検討と分析
|
| | | | 97 | | |
|
MANAGEMENT
|
| | | | 124 | | |
|
ある関係と関連先取引
|
| | | | 131 | | |
|
株式説明
|
| | | | 133 | | |
|
主要株主
|
| | | | 146 | | |
|
証券保有者
の売却
|
| | | | 148 | | |
|
PLAN OF DISTRIBUTION
|
| | | | 151 | | |
|
今回発売した費用
|
| | | | 155 | | |
|
民事責任の実行可能性
|
| | | | 156 | | |
|
LEGAL MATTERS
|
| | | | 158 | | |
|
EXPERTS
|
| | | | 159 | | |
|
どこでもっと情報を見つけることができますか
|
| | | | 160 | | |
|
Reference Period
|
| |
Reference Period Payment
|
| |
Issuer Release Amount
|
| |||
|
最初の参考期間(2022年12月22日から開始され、2022年12月22日からの連続25個のVWAP取引日を含み、これは成約日に続く85日目)
|
| |
最初の基準期間の基準価格が10.40ドル未満である場合:
|
| |
1,666,666×10.40ドルから第1の基準期間を減算した基準価格(適用される場合、調整後の基準価格または退市/倒産価格を含む)の金額(例えば、第1の基準期間の基準価格が3.81ドルである場合、2022年12月6日のThil普通株式の終値)
|
| |
1,666,666に第1の基準期間の基準価格を乗じた(例えば、第1の基準期間の基準価格が3.81ドルである場合、6,349,997.46ドル、すなわち、Thil普通株式の2022年12月6日の終値)
|
|
| 最初の基準期間の基準価格(適用される場合、調整後の基準価格を含む)が$10.40: 以上である場合 | | | Zero | | | 1,666,666 multiplied by $10.40 (or $17,333,326.40) | | |||
|
第2の参考期間(2023年2月20日からの連続25回目のVWAP取引日,2023年2月20日,すなわち成約日に続く145日目を含む)
|
| |
第2の基準期間の基準値が10.60ドル未満である場合:
|
| |
1,666,666ドルに、10.6ドルから第2の基準期間に相当する基準価格(適用される場合、調整後の基準価格または退市/倒産価格を含む)を乗じた金額(例えば、第2の基準期間の基準価格が3.81ドルである場合、2022年12月6日のThil普通株式の終値)
|
| |
1,666,666に第2の基準期間の基準価格を乗じた(例えば、第2の基準期間の基準価格が3.81ドルである場合、6,349,997.46ドル、すなわち、Thil普通株式の2022年12月6日の終値)
|
|
| 2番目の基準期間の基準価格(適用される場合、調整後の基準価格を含む)が$10.60以上である場合: | | | Zero | | | 1,666,666 multiplied by $10.60 (or $17,666,659.60) | |
|
Reference Period
|
| |
Reference Period Payment
|
| |
Issuer Release Amount
|
| |||
|
第3の参考期間(2023年5月21日からの連続25個目のVWAP取引日,2023年5月21日,すなわち終了日に続く235番目の日歴日を含む)
|
| |
3番目の基準期間の基準価格が10.90ドル未満であれば:
|
| |
1,666,668ドルに、10.9ドルから3番目の基準期間に相当する基準価格(適用される場合、調整後の基準価格または退市/倒産価格を含む)を乗じた金額(例えば、第3の基準期間の基準価格が3.81ドルである場合、2022年12月6日のThil普通株式の終値)
|
| |
1,666,668に第3の基準期間の基準価格を乗じた場合(例えば、3番目の基準期間の基準価格が3.81ドル、すなわち、Thil普通株式の2022年12月6日の終値)であれば、6,350,005.08ドルとなる。
|
|
| 3番目の基準期間の基準価格(適用される場合、調整後の基準価格を含む)が$10.90: 以上である場合 | | | Zero | | | 1,666,668 multiplied by $10.90 (or $18,166,681.20) | |
| | |
9月30日までの3ヶ月
|
| |
9月30日までの9ヶ月
|
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(単位は千,1株あたりのデータを除く)
|
| |||||||||||||||||||||||||||||||||
Revenues | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Company owned and operated
stores |
| | | | 173,703 | | | | | | 290,009 | | | | | | 40,769 | | | | | | 403,573 | | | | | | 665,588 | | | | | | 93,567 | | |
Other revenues
|
| | | | 8,428 | | | | | | 15,710 | | | | | | 2,208 | | | | | | 15,824 | | | | | | 43,995 | | | | | | 6,185 | | |
Total revenues
|
| | | | 182,131 | | | | | | 305,719 | | | | | | 42,977 | | | | | | 419,397 | | | | | | 709,583 | | | | | | 99,752 | | |
Costs and expenses, net | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
食品と包装(コスト
を含む
会社は店舗を所有·経営している from transactions with a related party of RMB15,993 thousands and RMB5,434 thousands for the three months ended September 30, 2022 and 2021, respectively, and RMB26,528 thousands and RMB12,794 thousands for the nine months ended September 30, 2022 and 2021, respectively) |
| | | | 59,776 | | | | | | 96,605 | | | | | | 13,581 | | | | | | 136,351 | | | | | | 225,071 | | | | | | 31,640 | | |
Rental expenses
|
| | | | 42,877 | | | | | | 36,131 | | | | | | 5,079 | | | | | | 101,287 | | | | | | 134,145 | | | | | | 18,858 | | |
給与明細と従業員福祉
|
| | | | 59,604 | | | | | | 65,992 | | | | | | 9,277 | | | | | | 127,502 | | | | | | 202,158 | | | | | | 28,419 | | |
Delivery costs
|
| | | | 11,225 | | | | | | 23,590 | | | | | | 3,316 | | | | | | 24,680 | | | | | | 51,699 | | | | | | 7,268 | | |
その他の運営費用(
を含む
顧客と取引する手数料 related party of RMB150 thousands and nil for the three months ended September 30, 2022 and 2021, respectively, and RMB400 thousands and nil for the nine months ended September 30, 2022 and 2021, respectively) |
| | | | 46,451 | | | | | | 77,538 | | | | | | 10,900 | | | | | | 103,540 | | | | | | 196,532 | | | | | | 27,628 | | |
会社が店を所有し運営するコストと費用
|
| | | | 219,933 | | | | | | 299,856 | | | | | | 42,153 | | | | | | 493,360 | | | | | | 809,605 | | | | | | 113,813 | | |
その他の収入のコスト
|
| | | | 5,560 | | | | | | 9,451 | | | | | | 1,329 | | | | | | 10,202 | | | | | | 26,445 | | | | | | 3,718 | | |
マーケティング費用
|
| | | | 14,578 | | | | | | 24,851 | | | | | | 3,493 | | | | | | 29,791 | | | | | | 56,715 | | | | | | 7,973 | | |
| | |
9月30日までの3ヶ月
|
| |
9月30日までの9ヶ月
|
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(単位は千,1株あたりのデータを除く)
|
| |||||||||||||||||||||||||||||||||
General and administrative
expenses |
| | | | 49,364 | | | | | | 109,567 | | | | | | 15,403 | | | | | | 116,405 | | | | | | 223,085 | | | | | | 31,361 | | |
Br}特許経営権と特許権使用料(関連側との取引による特許経営権と特許権使用料を含み、2022年、2021年9月30日までの3ヶ月はそれぞれ1015.7万元と503.8万元、2022年、2021年9月30日までの9ヶ月はそれぞれ2281.1万元と1101.9万元)
|
| | | | 5,126 | | | | | | 11,021 | | | | | | 1,549 | | | | | | 13,455 | | | | | | 25,301 | | | | | | 3,557 | | |
Other operating costs and
expenses |
| | | | 424 | | | | | | 1,377 | | | | | | 194 | | | | | | 489 | | | | | | 5,945 | | | | | | 836 | | |
財産と設備処分損失
|
| | | | 391 | | | | | | 1,475 | | | | | | 207 | | | | | | 1,132 | | | | | | 8,835 | | | | | | 1,242 | | |
Impairment losses of long-lived
assets |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,473 | | | | | | 769 | | |
Other income
|
| | | | 281 | | | | | | 1,404 | | | | | | 197 | | | | | | 319 | | | | | | 1,999 | | | | | | 281 | | |
総コストと費用、純額
|
| | | | 295,095 | | | | | | 456,194 | | | | | | 64,131 | | | | | | 664,515 | | | | | | 1,159,405 | | | | | | 162,988 | | |
Operating loss
|
| | | | (112,964) | | | | | | (150,475) | | | | | | (21,154) | | | | | | (245,118) | | | | | | (449,822) | | | | | | (63,236) | | |
Interest income
|
| | | | 20 | | | | | | 642 | | | | | | 90 | | | | | | 286 | | | | | | 976 | | | | | | 137 | | |
利息支出
|
| | | | (183) | | | | | | (4,262) | | | | | | (599) | | | | | | (183) | | | | | | (10,280) | | | | | | (1,445) | | |
Foreign currency transaction
(loss)/gain |
| | | | 34 | | | | | | (367) | | | | | | (52) | | | | | | (907) | | | | | | (1,134) | | | | | | (159) | | |
変換可能手形公正価値変動
|
| | | | — | | | | | | 19,452 | | | | | | 2,735 | | | | | | — | | | | | | (1,627) | | | | | | (229) | | |
権利証負債公正価値変動
|
| | | | — | | | | | | 9,950 | | | | | | 1,399 | | | | | | — | | | | | | 9,950 | | | | | | 1,399 | | |
ヨーロッパ航空局派生製品公正価値変動
liabilities |
| | | | — | | | | | | (69,932) | | | | | | (9,831) | | | | | | — | | | | | | (69,932) | | | | | | (9,831) | | |
所得税前損失
|
| | | | (113,093) | | | | | | (194,992) | | | | | | (27,412) | | | | | | (245,922) | | | | | | (521,869) | | | | | | (73,364) | | |
所得税費用
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net loss
|
| | | | (113,093) | | | | | | (194,992) | | | | | | (27,412) | | | | | | (245,922) | | | | | | (521,869) | | | | | | (73,364) | | |
差し引く:非持株権益による純損失
|
| | | | (2,086) | | | | | | (611) | | | | | | (86) | | | | | | (2,532) | | | | | | (3,091) | | | | | | (435) | | |
株主は純損失
を占めるべきだ
the Company |
| | | | (111,007) | | | | | | (194,381) | | | | | | (27,326) | | | | | | (243,390) | | | | | | (518,778) | | | | | | (72,929) | | |
普通株の基本と赤字
|
| | | | (0.90) | | | | | | (1.56) | | | | | | (0.22) | | | | | | (2.02) | | | | | | (4.17) | | | | | | (0.59) | | |
Net loss
|
| | | | (113,093) | | | | | | (194,992) | | | | | | (27,412) | | | | | | (245,922) | | | | | | (521,869) | | | | | | (73,364) | | |
その他総合収益 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | |
9月30日までの3ヶ月
|
| |
9月30日までの9ヶ月
|
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(単位は千,1株あたりのデータを除く)
|
| |||||||||||||||||||||||||||||||||
変換可能チケットの公正価値変動
ツールに特化した信用リスクのため, net of nil income taxes |
| | | | — | | | | | | (3,262) | | | | | | (459) | | | | | | — | | | | | | (2,026) | | | | | | (285) | | |
外貨換算調整、ゼロ収入を差し引く
taxes |
| | | | 309 | | | | | | (14,089) | | | | | | (1,981) | | | | | | (776) | | | | | | (24,628) | | | | | | (3,462) | | |
全面損失
|
| | | | (112,784) | | | | | | (212,343) | | | | | | (29,852) | | | | | | (246,698) | | | | | | (548,523) | | | | | | (77,111) | | |
減算:非持株権益の総合損失
|
| | | | (2,086) | | | | | | (611) | | | | | | (86) | | | | | | (2,532) | | | | | | (3,091) | | | | | | (435) | | |
会社の株主は総合損失を占めるべきだ
|
| | | | (110,698) | | | | | | (211,732) | | | | | | (29,766) | | | | | | (244,166) | | | | | | (545,432) | | | | | | (76,676) | | |
|
| | |
September 30, 2022
|
| |||||||||
| | |
RMB
|
| |
US$
|
| ||||||
| | |
(単位は千で、株式数を含まない)
|
| |||||||||
ASSETS | | | | | | | | | | | | | |
Current assets | | | | | | | | | | | | | |
Cash
|
| | | | 382,448 | | | | | | 53,764 | | |
短期投資
|
| | | | 377,491 | | | | | | 53,067 | | |
売掛金
|
| | | | 7,672 | | | | | | 1,079 | | |
Inventories
|
| | | | 52,180 | | | | | | 7,335 | | |
前払い料金と他の流動資産
|
| | | | 118,127 | | | | | | 16,606 | | |
[br]流動資産総額
|
| | | | 937,918 | | | | | | 131,851 | | |
Non-current assets | | | | | | | | | | | | | |
財産と設備、純額
|
| | | | 636,618 | | | | | | 89,494 | | |
無形資産、純額
|
| | | | 86,180 | | | | | | 12,115 | | |
その他の非流動資産
|
| | | | 78,562 | | | | | | 11,044 | | |
非流動資産合計
|
| | | | 801,360 | | | | | | 112,653 | | |
Total assets
|
| | | | 1,739,278 | | | | | | 244,504 | | |
負債と株主権益 | | | | | | | | | | | | | |
Current liabilities | | | | | | | | | | | | | |
短期銀行借款
|
| | | | 363,926 | | | | | | 51,160 | | |
は帳簿を払うべきである
|
| | | | 91,935 | | | | | | 12,924 | | |
契約責任
|
| | | | 29,350 | | | | | | 4,126 | | |
関連先金額に対応
|
| | | | 14,855 | | | | | | 2,088 | | |
金融負債から派生する
|
| | | | 157,900 | | | | | | 22,197 | | |
他の流動負債
|
| | | | 297,801 | | | | | | 41,865 | | |
流動負債総額
|
| | | | 955,767 | | | | | | 134,360 | | |
| | |
September 30, 2022
|
| |||||||||
| | |
RMB
|
| |
US$
|
| ||||||
| | |
(単位は千で、株式数を含まない)
|
| |||||||||
Non-current liabilities | | | | | | | | | | | | | |
長期銀行借款
|
| | | | 8,501 | | | | | | 1,195 | | |
変換可能なチケットは、公正価値に応じて
|
| | | | 358,540 | | | | | | 50,403 | | |
契約負債-非流動
|
| | | | 1,319 | | | | | | 185 | | |
派生金融負債-非流動
|
| | | | 55,378 | | | | | | 7,785 | | |
その他非流動負債
|
| | | | 56,163 | | | | | | 7,895 | | |
非流動負債合計
|
| | | | 479,901 | | | | | | 67,463 | | |
総負債
|
| | | | 1,435,668 | | | | | | 201,823 | | |
Shareholders’ equity | | | | | | | | | | | | | |
Ordinary Shares (US$0.0000094 par value, 500,000,000 shares
authorized, 148,355,092 shares and 124,193,929 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively) |
| | | | 9 | | | | | | 1 | | |
新規実収資本
|
| | | | 1,450,352 | | | | | | 203,887 | | |
累計損失
|
| | | | (1,156,306) | | | | | | (162,550) | | |
他の総合収益を累積
|
| | | | 9,090 | | | | | | 1,278 | | |
会社の株主は権益総額を占めなければならない
|
| | | | 303,145 | | | | | | 42,616 | | |
非持株権
|
| | | | 465 | | | | | | 65 | | |
株主資本総額
|
| | | | 303,610 | | | | | | 42,681 | | |
支払いの引受とまたは事項があります
|
| | | | — | | | | | | — | | |
総負債と株主権益
|
| | | | 1,739,278 | | | | | | 244,504 | | |
|
| | |
9月30日までの3ヶ月
|
| |
9月30日までの9ヶ月
|
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||||||||
経営活動で使用している純現金
|
| | | | (73,517) | | | | | | (35,884) | | | | | | (5,044) | | | | | | (188,244) | | | | | | (190,826) | | | | | | (26,826) | | |
投資活動用の現金純額
|
| | | | (99,767) | | | | | | (431,081) | | | | | | (60,600) | | | | | | (221,003) | | | | | | (611,435) | | | | | | (85,954) | | |
融資活動が提供する現金純額
|
| | | | 82,587 | | | | | | 563,473 | | | | | | 79,212 | | | | | | 370,057 | | | | | | 790,079 | | | | | | 111,068 | | |
外貨レート効果
changes on cash |
| | | | 93 | | | | | | 806 | | | | | | 113 | | | | | | (1,285) | | | | | | 3,793 | | | | | | 533 | | |
現金純減少
|
| | | | (90,604) | | | | | | 97,314 | | | | | | 13,680 | | | | | | (40,475) | | | | | | (8,389) | | | | | | (1,179) | | |
期初現金
|
| | | | 225,003 | | | | | | 285,134 | | | | | | 40,084 | | | | | | 174,874 | | | | | | 390,837 | | | | | | 54,943 | | |
期末現金
|
| | | | 134,399 | | | | | | 382,448 | | | | | | 53,764 | | | | | | 134,399 | | | | | | 382,448 | | | | | | 53,764 | | |
| | |
Year ended December 31,
|
| |
Six months
ended June 30, |
| ||||||||||||||||||||||||||||||||||||
| | |
2019
|
| |
2020
|
| |
2021
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||||||||
| | |
(in thousands except per share data)
|
| |||||||||||||||||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |||||||||||||||||||||
Total revenues
|
| | | | 57,257 | | | | | | 212,085 | | | | | | 643,372 | | | | | | 96,053 | | | | | | 237,266 | | | | | | 403,864 | | | | | | 60,295 | | |
会社は店舗コストと費用を持っています
|
| | | | 76,614 | | | | | | 243,731 | | | | | | 755,818 | | | | | | 112,841 | | | | | | 273,426 | | | | | | 509,749 | | | | | | 76,104 | | |
Costs of other revenues
|
| | | | 7,842 | | | | | | 5,208 | | | | | | 16,731 | | | | | | 2,498 | | | | | | 4,642 | | | | | | 16,994 | | | | | | 2,537 | | |
Marketing expenses
|
| | | | 8,020 | | | | | | 16,986 | | | | | | 50,317 | | | | | | 7,512 | | | | | | 15,213 | | | | | | 31,865 | | | | | | 4,757 | | |
一般と行政費用
|
| | | | 51,067 | | | | | | 79,366 | | | | | | 174,963 | | | | | | 26,121 | | | | | | 67,040 | | | | | | 113,518 | | | | | | 16,948 | | |
特許経営権と印税費用
|
| | | | 4,727 | | | | | | 8,592 | | | | | | 18,800 | | | | | | 2,807 | | | | | | 8,330 | | | | | | 14,280 | | | | | | 2,132 | | |
その他の運営コストと費用
|
| | | | 439 | | | | | | 2,713 | | | | | | 2,135 | | | | | | 319 | | | | | | 66 | | | | | | 4,568 | | | | | | 682 | | |
財産と設備処分損失
|
| | | | — | | | | | | — | | | | | | 1,546 | | | | | | 231 | | | | | | 741 | | | | | | 7,360 | | | | | | 1,099 | | |
Impairment losses of long-lived
assets |
| | | | — | | | | | | — | | | | | | 1,002 | | | | | | 149 | | | | | | — | | | | | | 5,473 | | | | | | 817 | | |
Other income
|
| | | | (196) | | | | | | (3,339) | | | | | | (3,476) | | | | | | (519) | | | | | | (38) | | | | | | (596) | | | | | | (89) | | |
Total costs and expenses, net
|
| | | | 148,513 | | | | | | 353,257 | | | | | | 1,017,836 | | | | | | 151,959 | | | | | | 369,420 | | | | | | 703,211 | | | | | | 104,987 | | |
Operating loss
|
| | | | (91,256) | | | | | | (141,172) | | | | | | (374,464) | | | | | | (55,906) | | | | | | (132,154) | | | | | | (299,347) | | | | | | (44,691) | | |
Interest income
|
| | | | 2,272 | | | | | | 511 | | | | | | 316 | | | | | | 47 | | | | | | 266 | | | | | | 334 | | | | | | 50 | | |
Interest expenses
|
| | | | — | | | | | | — | | | | | | (1,902) | | | | | | (284) | | | | | | — | | | | | | (6,018) | | | | | | (898) | | |
外貨取引損益
|
| | | | 1,156 | | | | | | (2,399) | | | | | | (1,302) | | | | | | (194) | | | | | | (941) | | | | | | (768) | | | | | | (115) | | |
変換可能手形公正価値変動,特定のツールの信用リスクの影響は含まれていない
|
| | | | — | | | | | | — | | | | | | (5,577) | | | | | | (833) | | | | | | — | | | | | | (21,078) | | | | | | (3,147) | | |
Loss before income taxes
|
| | | | (87,828) | | | | | | (143,060) | | | | | | (382,929) | | | | | | (57,170) | | | | | | (132,829) | | | | | | (326,877) | | | | | | (48,801) | | |
Income tax expenses
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net loss
|
| | | | (87,828) | | | | | | (143,060) | | | | | | (382,929) | | | | | | (57,170) | | | | | | (132,829) | | | | | | (326,877) | | | | | | (48,801) | | |
| | |
Year ended December 31,
|
| |
Six months
ended June 30, |
| ||||||||||||||||||||||||||||||||||||
| | |
2019
|
| |
2020
|
| |
2021
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||||||||
| | |
(in thousands except per share data)
|
| |||||||||||||||||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |||||||||||||||||||||
減算:非持株権益は純損失
を占めるべきである
|
| | | | (174) | | | | | | (1,060) | | | | | | (1,208) | | | | | | (180) | | | | | | (447) | | | | | | (2,480) | | | | | | (370) | | |
Thil株主は純損失を占めるべきである
|
| | | | (87,654) | | | | | | (142,000) | | | | | | (381,721) | | | | | | (56,989) | | | | | | (132,382) | | | | | | (324,397) | | | | | | (48,431) | | |
合併前-1株当たり普通株基本損失と希薄損失
|
| | | | (877) | | | | | | (1,416) | | | | | | (3,340) | | | | | | (499) | | | | | | (1,183) | | | | | | (2,780) | | | | | | (415) | | |
合併後の1株当たり普通株基本と赤字-
|
| | | | (0.82) | | | | | | (1.33) | | | | | | (3.14) | | | | | | (0.47) | | | | | | (1.11) | | | | | | (2.61) | | | | | | (0.39) | | |
|
| | |
As of December 31,
|
| |
As of June 30,
|
| ||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
US$
|
| |||||||||||||||
Total current assets
|
| | | | 250,893 | | | | | | 585,973 | | | | | | 87,483 | | | | | | 503,397 | | | | | | 75,155 | | |
Total non-current assets
|
| | | | 329,467 | | | | | | 698,920 | | | | | | 104,346 | | | | | | 734,002 | | | | | | 109,584 | | |
Total assets
|
| | | | 580,360 | | | | | | 1,284,893 | | | | | | 191,829 | | | | | | 1,237,399 | | | | | | 184,739 | | |
Total current liabilities
|
| | | | 128,244 | | | | | | 567,290 | | | | | | 84,694 | | | | | | 803,621 | | | | | | 119,977 | | |
非流動負債合計
|
| | | | 19,064 | | | | | | 378,508 | | | | | | 56,510 | | | | | | 420,899 | | | | | | 62,839 | | |
Total liabilities
|
| | | | 147,308 | | | | | | 945,798 | | | | | | 141,204 | | | | | | 1,224,520 | | | | | | 182,816 | | |
Total shareholders’ equity
|
| | | | 433,052 | | | | | | 339,095 | | | | | | 50,625 | | | | | | 12,879 | | | | | | 1,923 | | |
総負債と株主権益
|
| | | | 580,360 | | | | | | 1,284,893 | | | | | | 191,829 | | | | | | 1,237,399 | | | | | | 184,739 | | |
| | |
Year ended December 31,
|
| |
Six months
ended June 30, |
| ||||||||||||||||||||||||||||||||||||
| | |
2019
|
| |
2020
|
| |
2021
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |||||||||||||||||||||
経営活動で使用されている純現金
|
| | | | (77,121) | | | | | | (145,773) | | | | | | (244,966) | | | | | | (36,573) | | | | | | (114,727) | | | | | | (154,942) | | | | | | (23,132) | | |
投資活動で使用する純現金
|
| | | | (56,095) | | | | | | (144,747) | | | | | | (335,277) | | | | | | (50,056) | | | | | | (121,236) | | | | | | (180,355) | | | | | | (26,926) | | |
融資が提供する純現金
activities |
| | | | 212,802 | | | | | | 221,125 | | | | | | 797,997 | | | | | | 119,138 | | | | | | 287,470 | | | | | | 226,606 | | | | | | 33,831 | | |
外貨レート効果
changes on cash |
| | | | 4,730 | | | | | | (16,173) | | | | | | (1,791) | | | | | | (267) | | | | | | (1,379) | | | | | | 2,988 | | | | | | 446 | | |
Net increase/(decrease) in cash
|
| | | | 84,316 | | | | | | (85,568) | | | | | | 215,963 | | | | | | 32,242 | | | | | | 50,128 | | | | | | (105,703) | | | | | | (15,781) | | |
年明け/期初現金
|
| | | | 176,126 | | | | | | 260,442 | | | | | | 174,874 | | | | | | 26,108 | | | | | | 174,874 | | | | | | 390,837 | | | | | | 58,350 | | |
Cash at end of year/period
|
| | | | 260,442 | | | | | | 174,874 | | | | | | 390,837 | | | | | | 58,350 | | | | | | 225,002 | | | | | | 285,134 | | | | | | 42,569 | | |
| | |
Year ended December 31,
|
| |
Six months
ended June 30, |
| ||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
US$
|
| |||||||||||||||
-会社は店舗を持って経営している収入
|
| | | | 206,036 | | | | | | 617,226 | | | | | | 92,149 | | | | | | 375,579 | | | | | | 56,072 | | |
食品と包装コスト-会社が所有·運営する店
|
| | | | (74,402) | | | | | | (207,948) | | | | | | (31,046) | | | | | | (128,466) | | | | | | (19,180) | | |
レンタル料-会社が店舗を所有して経営している
|
| | | | (54,719) | | | | | | (148,152) | | | | | | (22,118) | | | | | | (98,014) | | | | | | (14,633) | | |
給料と従業員福祉-会社所有と
operated stores |
| | | | (50,314) | | | | | | (199,330) | | | | | | (29,759) | | | | | | (136,166) | | | | | | (20,329) | | |
配送コスト-会社が所有·運営する店舗
|
| | | | (12,233) | | | | | | (38,605) | | | | | | (5,764) | | | | | | (28,109) | | | | | | (4,197) | | |
-会社は店舗を経営する他の運営費用を持っています
|
| | | | (52,063) | | | | | | (161,783) | | | | | | (24,154) | | | | | | (118,994) | | | | | | (17,765) | | |
特許経営権と特許権使用料-会社所有と
operated stores |
| | | | (8,592) | | | | | | (18,800) | | | | | | (2,806) | | | | | | (14,280) | | | | | | (2,132) | | |
完全負担の毛利-会社が店舗を所有·経営している
|
| | | | (46,287) | | | | | | (157,392) | | | | | | (23,498) | | | | | | (148,450) | | | | | | (22,164) | | |
Depreciation and amortization(1)
|
| | | | 27,838 | | | | | | 74,276 | | | | | | 11,089 | | | | | | 64,738 | | | | | | 9,665 | | |
開業前材料と人工コスト(2)
|
| | | | 19,850 | | | | | | 81,109 | | | | | | 12,109 | | | | | | 14,312 | | | | | | 2,137 | | |
Pre-opening rental expenses(3)
|
| | | | 12,118 | | | | | | 29,474 | | | | | | 4,400 | | | | | | 8,072 | | | | | | 1,205 | | |
Adjusted store EBITDA
|
| | | | 13,519 | | | | | | 27,467 | | | | | | 4,099 | | | | | | (61,328) | | | | | | (9,157) | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||||||||
-会社は店を経営する収入を持っている
|
| | | | 173,703 | | | | | | 290,009 | | | | | | 40,769 | | | | | | 403,573 | | | | | | 665,588 | | | | | | 93,567 | | |
食品と包装コスト-会社が所有して店を経営している
|
| | | | (59,776) | | | | | | (96,605) | | | | | | (13,581) | | | | | | (136,351) | | | | | | (225,071) | | | | | | (31,640) | | |
レンタル料-会社が所有して店舗を経営しています
|
| | | | (42,877) | | | | | | (36,131) | | | | | | (5,079) | | | | | | (101,287) | | | | | | (134,145) | | | | | | (18,858) | | |
給料と従業員福祉-会社が所有して店を経営する
|
| | | | (59,604) | | | | | | (65,992) | | | | | | (9,277) | | | | | | (127,502) | | | | | | (202,158) | | | | | | (28,419) | | |
-会社が店舗を所有·経営する配送コスト
|
| | | | (11,225) | | | | | | (23,590) | | | | | | (3,316) | | | | | | (24,680) | | | | | | (51,699) | | | | | | (7,268) | | |
-会社は店舗を経営する他の運営費用を持っています
|
| | | | (46,451) | | | | | | (77,538) | | | | | | (10,900) | | | | | | (103,540) | | | | | | (196,532) | | | | | | (27,628) | | |
Franchise and royalty expenses – company
所有と経営店 |
| | | | (5,126) | | | | | | (11,021) | | | | | | (1,549) | | | | | | (13,455) | | | | | | (25,301) | | | | | | (3,557) | | |
完全負担の毛損-会社の所有と経営店舗
|
| | | | (51,356) | | | | | | (20,868) | | | | | | (2,933) | | | | | | (103,242) | | | | | | (169,318) | | | | | | (23,803) | | |
減価償却と償却(1)
|
| | | | 19,453 | | | | | | 35,943 | | | | | | 5,053 | | | | | | 46,124 | | | | | | 95,233 | | | | | | 13,388 | | |
店舗オープン前費用(2)
|
| | | | 36,335 | | | | | | 4,277 | | | | | | 601 | | | | | | 70,118 | | | | | | 26,660 | | | | | | 3,748 | | |
調整後の店EBITDA
|
| | | | 4,432 | | | | | | 19,352 | | | | | | 2,721 | | | | | | 13,000 | | | | | | (47,425) | | | | | | (6,667) | | |
調整後の店舗EBITDA利益率(3)
|
| | | | 2.6% | | | | | | 6.7% | | | | | | 6.7% | | | | | | 3.2% | | | | | | -7.1% | | | | | | -7.1% | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||||||||
一般と行政費用
|
| | | | (49,364) | | | | | | (109,567) | | | | | | (15,403) | | | | | | (116,405) | | | | | | (223,085) | | | | | | (31,361) | | |
Adjusted for: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
株式ベースの報酬
|
| | | | — | | | | | | 33,276 | | | | | | 4,678 | | | | | | — | | | | | | 33,276 | | | | | | 4,678 | | |
約束株関連費用
|
| | | | — | | | | | | 21,521 | | | | | | 3,025 | | | | | | — | | | | | | 21,521 | | | | | | 3,025 | | |
オプション株式に関する費用
|
| | | | — | | | | | | 1,778 | | | | | | 250 | | | | | | — | | | | | | 1,778 | | | | | | 250 | | |
ヨーロッパ航空局サービスコスト
|
| | | | — | | | | | | 4,622 | | | | | | 650 | | | | | | — | | | | | | 4,622 | | | | | | 650 | | |
調整後の一般と行政費用
|
| | | | (49,364) | | | | | | (48,370) | | | | | | (6,800) | | | | | | (116,405) | | | | | | (161,888) | | | | | | (22,758) | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||||||||
Operating loss
|
| | | | (112,964) | | | | | | (150,475) | | | | | | (21,154) | | | | | | (245,118) | | | | | | (449,822) | | | | | | (63,236) | | |
Adjusted for: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
店舗オープン前料金
|
| | | | 36,335 | | | | | | 4,277 | | | | | | 601 | | | | | | 70,118 | | | | | | 26,660 | | | | | | 3,748 | | |
減価償却と償却
|
| | | | 19,453 | | | | | | 35,943 | | | | | | 5,053 | | | | | | 46,124 | | | | | | 95,233 | | | | | | 13,388 | | |
株式ベースの報酬
|
| | | | — | | | | | | 33,276 | | | | | | 4,678 | | | | | | — | | | | | | 33,276 | | | | | | 4,678 | | |
約束株関連費用
|
| | | | — | | | | | | 21,521 | | | | | | 3,025 | | | | | | — | | | | | | 21,521 | | | | | | 3,025 | | |
オプション株式に関する費用
|
| | | | — | | | | | | 1,778 | | | | | | 250 | | | | | | — | | | | | | 1,778 | | | | | | 250 | | |
ヨーロッパ航空局サービスコスト
|
| | | | — | | | | | | 4,622 | | | | | | 650 | | | | | | — | | | | | | 4,622 | | | | | | 650 | | |
長寿資産減価損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,473 | | | | | | 769 | | |
財産と設備処分損失
|
| | | | 391 | | | | | | 1,475 | | | | | | 207 | | | | | | 1,132 | | | | | | 8,835 | | | | | | 1,242 | | |
調整後の会社EBITDA
|
| | | | (56,785) | | | | | | (47,583) | | | | | | (6,690) | | | | | | (127,744) | | | | | | (252,424) | | | | | | (35,486) | | |
調整後の会社EBITDA利益率(1)
|
| | | | -31.2% | | | | | | -15.6% | | | | | | -15.6% | | | | | | -30.5% | | | | | | -35.6% | | | | | | -35.6% | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||||||||
Net loss
|
| | | | (113,093) | | | | | | (194,992) | | | | | | (27,412) | | | | | | (245,922) | | | | | | (521,869) | | | | | | (73,364) | | |
Adjusted for: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
店舗オープン前料金
|
| | | | 36,335 | | | | | | 4,277 | | | | | | 601 | | | | | | 70,118 | | | | | | 26,660 | | | | | | 3,748 | | |
株式ベースの報酬
|
| | | | — | | | | | | 33,276 | | | | | | 4,678 | | | | | | — | | | | | | 33,276 | | | | | | 4,678 | | |
約束株関連費用
|
| | | | — | | | | | | 21,521 | | | | | | 3,025 | | | | | | — | | | | | | 21,521 | | | | | | 3,025 | | |
オプション株式に関する費用
|
| | | | — | | | | | | 1,778 | | | | | | 250 | | | | | | — | | | | | | 1,778 | | | | | | 250 | | |
ヨーロッパ航空局サービスコスト
|
| | | | — | | | | | | 4,622 | | | | | | 650 | | | | | | — | | | | | | 4,622 | | | | | | 650 | | |
長寿資産減価損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,473 | | | | | | 769 | | |
財産と設備処分損失
|
| | | | 391 | | | | | | 1,475 | | | | | | 207 | | | | | | 1,132 | | | | | | 8,835 | | | | | | 1,242 | | |
変換可能手形公正価値変動
|
| | | | — | | | | | | (19,452) | | | | | | (2,735) | | | | | | — | | | | | | 1,627 | | | | | | 229 | | |
権利証負債公正価値変動
|
| | | | — | | | | | | (9,950) | | | | | | (1,399) | | | | | | — | | | | | | (9,950) | | | | | | (1,399) | | |
欧州空局由来負債公正価値変動
|
| | | | — | | | | | | 69,932 | | | | | | 9,831 | | | | | | — | | | | | | 69,932 | | | | | | 9,831 | | |
Adjusted net loss
|
| | | | (76,367) | | | | | | (87,513) | | | | | | (12,304) | | | | | | (174,672) | | | | | | (358,095) | | | | | | (50,341) | | |
調整後純損失率
|
| | | | -41.9% | | | | | | -28.6% | | | | | | -28.6% | | | | | | -41.6% | | | | | | -50.5% | | | | | | -50.5% | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(千株、株式数と1株当たりのデータを含まない)
|
| |||||||||||||||||||||||||||||||||
会社の株主は純損失を占めるべきだ
|
| | | | (111,007) | | | | | | (194,381) | | | | | | (27,326) | | | | | | (243,390) | | | | | | (518,778) | | | | | | (72,929) | | |
Adjusted for: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Store pre-opening expenses
|
| | | | 36,335 | | | | | | 4,277 | | | | | | 601 | | | | | | 70,118 | | | | | | 26,660 | | | | | | 3,748 | | |
Share-based compensation
expenses |
| | | | — | | | | | | 33,276 | | | | | | 4,678 | | | | | | — | | | | | | 33,276 | | | | | | 4,678 | | |
約束株関連費用
|
| | | | — | | | | | | 21,521 | | | | | | 3,025 | | | | | | — | | | | | | 21,521 | | | | | | 3,025 | | |
オプション株式に関する費用
|
| | | | — | | | | | | 1,778 | | | | | | 250 | | | | | | — | | | | | | 1,778 | | | | | | 250 | | |
ヨーロッパ航空局サービスコスト
|
| | | | — | | | | | | 4,622 | | | | | | 650 | | | | | | — | | | | | | 4,622 | | | | | | 650 | | |
長寿資産減価損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,473 | | | | | | 769 | | |
Loss on disposal of
property and equipment |
| | | | 391 | | | | | | 1,475 | | | | | | 207 | | | | | | 1,132 | | | | | | 8,835 | | | | | | 1,242 | | |
変換可能手形公正価値変動
|
| | | | — | | | | | | (19,452) | | | | | | (2,735) | | | | | | — | | | | | | 1,627 | | | | | | 229 | | |
権利証負債公正価値変動
|
| | | | — | | | | | | (9,950) | | | | | | (1,399) | | | | | | — | | | | | | (9,950) | | | | | | (1,399) | | |
Changes in fair value of
ESA derivative liabilities |
| | | | — | | | | | | 69,932 | | | | | | 9,831 | | | | | | — | | | | | | 69,932 | | | | | | 9,831 | | |
調整後の会社株主は純損失を占めるべきである
|
| | | | (74,281) | | | | | | (86,902) | | | | | | (12,218) | | | | | | (172,140) | | | | | | (355,004) | | | | | | (49,906) | | |
1株当たりの基本損失と希薄損失を計算するための加重平均流通株
|
| | | | 124,025,211 | | | | | | 124,680,291 | | | | | | 124,680,291 | | | | | | 120,703,053 | | | | | | 124,361,667 | | | | | | 124,361,667 | | |
Adjusted basic and diluted
net loss per Ordinary Share |
| | | | (0.60) | | | | | | (0.70) | | | | | | (0.10) | | | | | | (1.43) | | | | | | (2.85) | | | | | | (0.40) | | |
| | |
As of September 30, 2022
|
| |||||||||
| | |
RMB
|
| |
US$
|
| ||||||
| | |
(in thousands)
|
| |||||||||
Cash and cash equivalents
|
| | | | 382,448 | | | | | | 53,764 | | |
Total liabilities
|
| | | | 1,435,668 | | | | | | 201,823 | | |
Equity | | | | | | | | | | | | | |
Ordinary shares
|
| | | | 9 | | | | | | 1 | | |
Additional paid-in capital
|
| | | | 1,450,352 | | | | | | 203,887 | | |
Accumulated losses
|
| | | | (1,156,306) | | | | | | (162,550) | | |
他の総合収益
を累積
|
| | | | 9,090 | | | | | | 1,278 | | |
Total Equity
|
| | | | 303,145 | | | | | | 42,616 | | |
Total Capitalization
|
| | |
|
1,738,813
|
| | | |
|
244,439
|
| |
| | |
As of December 31,
|
| |||||||||||||||||||||||||||||||||
| | |
2019
|
| |
2020
|
| |
2021
|
| |||||||||||||||||||||||||||
| | |
Number
|
| |
% of Total
|
| |
Number
|
| |
% of Total
|
| |
Number
|
| |
% of Total
|
| ||||||||||||||||||
Operations
|
| | | | 371 | | | | | | 83.0% | | | | | | 707 | | | | | | 60.2% | | | | | | 2,971 | | | | | | 90.2% | | |
Sales and marketing
|
| | | | 8 | | | | | | 1.8% | | | | | | 31 | | | | | | 2.6% | | | | | | 40 | | | | | | 1.2% | | |
研究と革新
|
| | | | 8 | | | | | | 1.8% | | | | | | 10 | | | | | | 0.8% | | | | | | 15 | | | | | | 0.5% | | |
Store development
|
| | | | 15 | | | | | | 3.3% | | | | | | 46 | | | | | | 3.9% | | | | | | 92 | | | | | | 2.8% | | |
経営管理
|
| | | | 45 | | | | | | 10.1% | | | | | | 383 | | | | | | 32.5% | | | | | | 173 | | | | | | 5.3% | | |
Total | | | | | 447 | | | | | | 100% | | | | | | 1,177 | | | | | | 100% | | | | | | 3,291 | | | | | | 100% | | |
| | |
For the year ended December 31,
|
| |
For the six months ended June 30,
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
2019
|
| |
2020
|
| |
2021
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
RMB
|
| |
%
|
| |
RMB
|
| |
%
|
| |
RMB
|
| |
US$
|
| |
%
|
| |
RMB
|
| |
%
|
| |
RMB
|
| |
US$
|
| |
%
|
| ||||||||||||||||||||||||||||||||||||
Revenues: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sales of food and
beverage products by company owned and operated stores |
| | | | 48,082 | | | | | | 84.0% | | | | | | 206,036 | | | | | | 97.1% | | | | | | 617,226 | | | | | | 92,149 | | | | | | 95.9% | | | | | | 229,870 | | | | | | 96.9% | | | | | | 375,579 | | | | | | 56,072 | | | | | | 93.0% | | |
Franchise fees
|
| | | | 426 | | | | | | 0.7% | | | | | | 795 | | | | | | 0.4% | | | | | | 1,923 | | | | | | 287 | | | | | | 0.3% | | | | | | 917 | | | | | | 0.4% | | | | | | 2,141 | | | | | | 320 | | | | | | 0.5% | | |
その他フランチャイズ支援活動の収入
|
| | | | 8,749 | | | | | | 15.3% | | | | | | 5,254 | | | | | | 2.5% | | | | | | 9,470 | | | | | | 1,414 | | | | | | 1.5% | | | | | | 4,531 | | | | | | 1.9% | | | | | | 6,159 | | | | | | 919 | | | | | | 1.5% | | |
電子商取引販売収入
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 14,325 | | | | | | 2,139 | | | | | | 2.2% | | | | | | 1,948 | | | | | | 0.8% | | | | | | 19,985 | | | | | | 2,984 | | | | | | 5.0% | | |
Provision of consumer
research service to THRI |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 428 | | | | | | 64 | | | | | | 0.1% | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total Revenues
|
| | | | 57,257 | | | | | | 100.0% | | | | | | 212,085 | | | | | | 100.0% | | | | | | 643,372 | | | | | | 96,053 | | | | | | 100.0% | | | | | | 237,266 | | | | | | 100.0% | | | | | | 403,864 | | | | | | 60,295 | | | | | | 100.0% | | |
| | |
For the year ended December 31,
|
| |
For the six months ended June 30,
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
2019
|
| |
2020
|
| |
2021
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
RMB
|
| |
%
|
| |
RMB
|
| |
%
|
| |
RMB
|
| |
US$
|
| |
%
|
| |
RMB
|
| |
%
|
| |
RMB
|
| |
US$
|
| |
%
|
| ||||||||||||||||||||||||||||||||||||
コストと費用、純額 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Food and packaging
|
| | | | 21,598 | | | | | | 14.5% | | | | | | 74,402 | | | | | | 21.1% | | | | | | 207,948 | | | | | | 31,046 | | | | | | 20.4% | | | | | | 76,575 | | | | | | 20.7% | | | | | | 128,466 | | | | | | 19,180 | | | | | | 18.3% | | |
Rental expenses
|
| | | | 18,767 | | | | | | 12.6% | | | | | | 54,719 | | | | | | 15.5% | | | | | | 148,152 | | | | | | 22,118 | | | | | | 14.6% | | | | | | 58,410 | | | | | | 15.8% | | | | | | 98,014 | | | | | | 14,633 | | | | | | 13.9% | | |
給料と従業員福祉
|
| | | | 20,696 | | | | | | 13.9% | | | | | | 50,314 | | | | | | 14.2% | | | | | | 199,330 | | | | | | 29,759 | | | | | | 19.6% | | | | | | 67,897 | | | | | | 18.4% | | | | | | 136,166 | | | | | | 20,329 | | | | | | 19.4% | | |
Delivery costs
|
| | | | 774 | | | | | | 0.5% | | | | | | 12,233 | | | | | | 3.5% | | | | | | 38,605 | | | | | | 5,764 | | | | | | 3.8% | | | | | | 13,455 | | | | | | 3.6% | | | | | | 28,109 | | | | | | 4,197 | | | | | | 4.0% | | |
その他の運営費用
|
| | | | 14,779 | | | | | | 10.0% | | | | | | 52,063 | | | | | | 14.7% | | | | | | 161,783 | | | | | | 24,154 | | | | | | 15.9% | | | | | | 57,089 | | | | | | 15.5% | | | | | | 118,994 | | | | | | 17,765 | | | | | | 16.9% | | |
会社が店を所有して運営している
costs and expenses |
| | | | 76,614 | | | | | | 51.5% | | | | | | 243,731 | | | | | | 69.0% | | | | | | 755,818 | | | | | | 112,841 | | | | | | 74.3% | | | | | | 273,426 | | | | | | 74.0% | | | | | | 509,749 | | | | | | 76,104 | | | | | | 72.5% | | |
Costs of other revenues
|
| | | | 7,842 | | | | | | 5.3% | | | | | | 5,208 | | | | | | 1.5% | | | | | | 16,731 | | | | | | 2,498 | | | | | | 1.6% | | | | | | 4,642 | | | | | | 1.3% | | | | | | 16,994 | | | | | | 2,537 | | | | | | 2.4% | | |
Marketing expenses
|
| | | | 8,020 | | | | | | 5.4% | | | | | | 16,986 | | | | | | 4.8% | | | | | | 50,317 | | | | | | 7,512 | | | | | | 4.9% | | | | | | 15,213 | | | | | | 4.1% | | | | | | 31,865 | | | | | | 4,757 | | | | | | 4.5% | | |
一般と行政費用
|
| | | | 51,067 | | | | | | 34.4% | | | | | | 79,366 | | | | | | 22.5% | | | | | | 174,963 | | | | | | 26,121 | | | | | | 17.2% | | | | | | 67,040 | | | | | | 18.1% | | | | | | 113,518 | | | | | | 16,948 | | | | | | 16.1% | | |
特許経営権と印税費用
|
| | | | 4,727 | | | | | | 3.2% | | | | | | 8,592 | | | | | | 2.4% | | | | | | 18,800 | | | | | | 2,807 | | | | | | 1.8% | | | | | | 8,330 | | | | | | 2.3% | | | | | | 14,280 | | | | | | 2,132 | | | | | | 2.0% | | |
Other operating costs and
expenses |
| | | | 439 | | | | | | 0.3% | | | | | | 2,713 | | | | | | 0.8% | | | | | | 2,135 | | | | | | 319 | | | | | | 0.2% | | | | | | 66 | | | | | | — | | | | | | 4,568 | | | | | | 682 | | | | | | 0.7% | | |
財産と設備処分損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,546 | | | | | | 231 | | | | | | 0.2% | | | | | | 741 | | | | | | 0.2% | | | | | | 7,360 | | | | | | 1,099 | | | | | | 1.1% | | |
長寿減価損失
assets |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,002 | | | | | | 149 | | | | | | 0.1% | | | | | | — | | | | | | — | | | | | | 5,473 | | | | | | 817 | | | | | | 0.8% | | |
Other income
|
| | | | (196) | | | | | | (0.1)% | | | | | | (3,339) | | | | | | (1.0)% | | | | | | (3,476) | | | | | | (519) | | | | | | (0.3)% | | | | | | (38) | | | | | | — | | | | | | (596) | | | | | | (89) | | | | | | (0.1)% | | |
総コストと費用、純額
|
| | | | 148,513 | | | | | | 100.0% | | | | | | 353,257 | | | | | | 100.0% | | | | | | 1,017,836 | | | | | | 151,959 | | | | | | 100.0% | | | | | | 369,420 | | | | | | 100.0% | | | | | | 703,211 | | | | | | 104,987 | | | | | | 100.0% | | |
| | |
For the six months ended June 30,
|
| |||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||
| | |
RMB
|
| |
%
|
| |
RMB
|
| |
US$
|
| |
%
|
| |||||||||||||||
Revenues: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している
|
| | | | 229,870 | | | | | | 96.9% | | | | | | 375,579 | | | | | | 56,072 | | | | | | 93.0% | | |
Other revenues
|
| | | | 7,396 | | | | | | 3.1% | | | | | | 28,285 | | | | | | 4,223 | | | | | | 7.0% | | |
Total Revenues:
|
| | | | 237,266 | | | | | | 100.0% | | | | | | 403,864 | | | | | | 60,295 | | | | | | 100.0% | | |
| | |
For the six months ended June 30,
|
| |||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||
| | |
RMB
|
| |
%
|
| |
RMB
|
| |
US$
|
| |
%
|
| |||||||||||||||
Costs and Expenses, Net | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Food and packaging
|
| | | | 76,575 | | | | | | 32.3% | | | | | | 128,466 | | | | | | 19,180 | | | | | | 31.8% | | |
Rental expenses
|
| | | | 58,410 | | | | | | 24.6% | | | | | | 98,014 | | | | | | 14,633 | | | | | | 24.3% | | |
給料と従業員福祉
|
| | | | 67,897 | | | | | | 28.6% | | | | | | 136,166 | | | | | | 20,329 | | | | | | 33.7% | | |
Delivery costs
|
| | | | 13,455 | | | | | | 5.7% | | | | | | 28,109 | | | | | | 4,197 | | | | | | 7.0% | | |
Other operating expenses
|
| | | | 57,089 | | | | | | 24.1% | | | | | | 118,994 | | | | | | 17,765 | | | | | | 29.5% | | |
会社は店舗コストと費用を持っています
|
| | | | 273,426 | | | | | | 115.3% | | | | | | 509,749 | | | | | | 76,104 | | | | | | 126.3% | | |
Costs of other revenues
|
| | | | 4,642 | | | | | | 2.0% | | | | | | 16,994 | | | | | | 2,537 | | | | | | 4.2% | | |
Marketing expenses
|
| | | | 15,213 | | | | | | 6.4% | | | | | | 31,865 | | | | | | 4,757 | | | | | | 7.9% | | |
一般と行政費用
|
| | | | 67,040 | | | | | | 28.3% | | | | | | 113,518 | | | | | | 16,948 | | | | | | 28.1% | | |
特許経営権と印税費用
|
| | | | 8,330 | | | | | | 3.5% | | | | | | 14,280 | | | | | | 2,132 | | | | | | 3.5% | | |
その他の運営コストと費用
|
| | | | 66 | | | | | | — | | | | | | 4,568 | | | | | | 682 | | | | | | 1.1% | | |
財産と設備処分損失
|
| | | | 741 | | | | | | 0.3% | | | | | | 7,360 | | | | | | 1,099 | | | | | | 1.8% | | |
長寿資産減価損失
|
| | | | — | | | | | | — | | | | | | 5,473 | | | | | | 817 | | | | | | 1.4% | | |
Other income
|
| | | | (38) | | | | | | — | | | | | | (596) | | | | | | (89) | | | | | | (0.1)% | | |
Total costs and expenses, net
|
| | |
|
369,420
|
| | | |
|
155.8%
|
| | | |
|
703,211
|
| | | |
|
104,987
|
| | | |
|
174.2%
|
| |
Operating Loss
|
| | | | (132,154) | | | | | | (55.7)% | | | | | | (299,347) | | | | | | (44,691) | | | | | | (74.1)% | | |
Interest income
|
| | | | 266 | | | | | | 0.1% | | | | | | 334 | | | | | | 50 | | | | | | 0.1% | | |
Interest expenses
|
| | | | — | | | | | | — | | | | | | (6,018) | | | | | | (898) | | | | | | (1.5)% | | |
外貨取引損失
|
| | | | (941) | | | | | | (0.4)% | | | | | | (768) | | | | | | (115) | | | | | | (0.2)% | | |
変換可能手形公正価値変動,特定のツールの信用リスクの影響は含まれていない
|
| | | | — | | | | | | — | | | | | | (21,078) | | | | | | (3,147) | | | | | | (5.2)% | | |
Loss Before Income Taxes
|
| | | | (132,829) | | | | | | (56.0)% | | | | | | (326,877) | | | | | | (48,801) | | | | | | (80.9)% | | |
Income Tax Expenses
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net Loss
|
| | | | (132,829) | | | | | | (56.0)% | | | | | | (326,877) | | | | | | (48,801) | | | | | | (80.9)% | | |
| | |
For the year ended December 31,
|
| |||||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| ||||||||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||
| | |
RMB
|
| |
%
|
| |
RMB
|
| |
US$
|
| |
%
|
| |||||||||||||||
Revenues: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している
|
| | | | 206,036 | | | | | | 97.1% | | | | | | 617,226 | | | | | | 92,149 | | | | | | 95.9% | | |
Other revenues
|
| | | | 6,049 | | | | | | 2.9% | | | | | | 26,146 | | | | | | 3,904 | | | | | | 4.1% | | |
Total Revenues:
|
| | | | 212,085 | | | | | | 100.0% | | | | | | 643,372 | | | | | | 96,053 | | | | | | 100.0% | | |
コストと費用、純額 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Food and packaging
|
| | | | 74,402 | | | | | | 35.1% | | | | | | 207,948 | | | | | | 31,046 | | | | | | 32.3% | | |
Rental expenses
|
| | | | 54,719 | | | | | | 25.8% | | | | | | 148,152 | | | | | | 22,118 | | | | | | 23.0% | | |
給料と従業員福祉
|
| | | | 50,314 | | | | | | 23.7% | | | | | | 199,330 | | | | | | 29,759 | | | | | | 31.0% | | |
Delivery costs
|
| | | | 12,233 | | | | | | 5.8% | | | | | | 38,605 | | | | | | 5,764 | | | | | | 6.0% | | |
その他の運営費用
|
| | | | 52,063 | | | | | | 24.5% | | | | | | 161,783 | | | | | | 24,154 | | | | | | 25.1% | | |
会社は店舗コストと費用を持っています
|
| | | | 243,731 | | | | | | 114.9% | | | | | | 755,818 | | | | | | 112,841 | | | | | | 117.5% | | |
Costs of other revenues
|
| | | | 5,208 | | | | | | 2.5% | | | | | | 16,731 | | | | | | 2,498 | | | | | | 2.6% | | |
Marketing expenses
|
| | | | 16,986 | | | | | | 8.0% | | | | | | 50,317 | | | | | | 7,512 | | | | | | 7.8% | | |
一般と行政費用
|
| | | | 79,366 | | | | | | 37.4% | | | | | | 174,963 | | | | | | 26,121 | | | | | | 27.2% | | |
特許経営権と印税費用
|
| | | | 8,592 | | | | | | 4.1% | | | | | | 18,800 | | | | | | 2,807 | | | | | | 2.9% | | |
その他の運営コストと費用
|
| | | | 2,713 | | | | | | 1.3% | | | | | | 2,135 | | | | | | 319 | | | | | | 0.3% | | |
財産と設備処分損失
|
| | | | — | | | | | | — | | | | | | 1,546 | | | | | | 231 | | | | | | 0.2% | | |
長寿資産減価損失
|
| | | | — | | | | | | — | | | | | | 1,002 | | | | | | 149 | | | | | | 0.2% | | |
Other income
|
| | | | (3,339) | | | | | | (1.6)% | | | | | | (3,476) | | | | | | (519) | | | | | | (0.5)% | | |
総コストと費用、純額
|
| | | | 353,257 | | | | | | 166.6% | | | | | | 1,017,836 | | | | | | 151,959 | | | | | | 158.2% | | |
Operating Loss
|
| | | | (141,172) | | | | | | (66.6)% | | | | | | (374,464) | | | | | | (55,906) | | | | | | (58.2)% | | |
Interest income
|
| | | | 511 | | | | | | 0.2% | | | | | | 316 | | | | | | 47 | | | | | | — | | |
Interest expenses
|
| | | | — | | | | | | — | | | | | | (1,902) | | | | | | (284) | | | | | | (0.3)% | | |
外貨取引損失
|
| | | | (2,399) | | | | | | (1.1)% | | | | | | (1,302) | | | | | | (194) | | | | | | (0.2)% | | |
変換可能手形公正価値変動,特定のツールの信用リスクの影響は含まれていない
|
| | | | — | | | | | | — | | | | | | (5,577) | | | | | | (833) | | | | | | (0.9)% | | |
所得税前損失
|
| | | | (143,060) | | | | | | (67.5)% | | | | | | (382,929) | | | | | | (57,170) | | | | | | (59.5)% | | |
Income Tax Expenses
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net Loss
|
| | | | (143,060) | | | | | | (67.5)% | | | | | | (382,929) | | | | | | (57,170) | | | | | | (59.5)% | | |
| | |
For the year ended December 31,
|
| |||||||||||||||||||||
| | |
2019
|
| |
2020
|
| ||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||
| | |
RMB
|
| |
%
|
| |
RMB
|
| |
%
|
| ||||||||||||
Revenues: | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している
|
| | | | 48,082 | | | | | | 84.0% | | | | | | 206,036 | | | | | | 97.1% | | |
Other revenues
|
| | | | 9,175 | | | | | | 16.0% | | | | | | 6,049 | | | | | | 2.9% | | |
Total Revenues:
|
| | | | 57,257 | | | | | | 100.0% | | | | | | 212,085 | | | | | | 100.0% | | |
コストと費用、純額 | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している | | | | | | | | | | | | | | | | | | | | | | | | | |
Food and packaging
|
| | | | 21,598 | | | | | | 37.7% | | | | | | 74,402 | | | | | | 35.1% | | |
Rental expenses
|
| | | | 18,767 | | | | | | 32.8% | | | | | | 54,719 | | | | | | 25.8% | | |
給料と従業員福祉
|
| | | | 20,696 | | | | | | 36.1% | | | | | | 50,314 | | | | | | 23.7% | | |
Delivery costs
|
| | | | 774 | | | | | | 1.4% | | | | | | 12,233 | | | | | | 5.8% | | |
その他の運営費用
|
| | | | 14,779 | | | | | | 25.8% | | | | | | 52,063 | | | | | | 24.5% | | |
会社は店舗コストと費用を持っています
|
| | | | 76,614 | | | | | | 133.7% | | | | | | 243,731 | | | | | | 114.9% | | |
Costs of other revenues
|
| | | | 7,842 | | | | | | 13.7% | | | | | | 5,208 | | | | | | 2.5% | | |
Marketing expenses
|
| | | | 8,020 | | | | | | 14.0% | | | | | | 16,986 | | | | | | 8.0% | | |
一般と行政費用
|
| | | | 51,067 | | | | | | 89.2% | | | | | | 79,366 | | | | | | 37.4% | | |
特許経営権と印税費用
|
| | | | 4,727 | | | | | | 8.3% | | | | | | 8,592 | | | | | | 4.1% | | |
その他の運営コストと費用
|
| | | | 439 | | | | | | 0.8% | | | | | | 2,713 | | | | | | 1.3% | | |
Other income
|
| | | | (196) | | | | | | (0.3)% | | | | | | (3,339) | | | | | | (1.6)% | | |
総コストと費用、純額
|
| | | | 148,513 | | | | | | 259.4% | | | | | | 353,257 | | | | | | 166.6% | | |
Operating Loss
|
| | | | (91,256) | | | | | | (159.4)% | | | | | | (141,172) | | | | | | (66.6)% | | |
Interest Income
|
| | | | 2,272 | | | | | | 4.0% | | | | | | 511 | | | | | | 0.2% | | |
外貨取引損益
|
| | | | 1,156 | | | | | | 2.0% | | | | | | (2,399) | | | | | | (1.1)% | | |
所得税前損失
|
| | | | (87,828) | | | | | | (153.4)% | | | | | | (143,060) | | | | | | (67.5)% | | |
Income Tax Expenses
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net Loss
|
| | | | (87,828) | | | | | | (153.4)% | | | | | | (143,060) | | | | | | (67.5)% | | |
| | |
Year ended December 31,
|
| |
Six months
ended June 30, |
| ||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
US$
|
| |||||||||||||||
-会社は店舗を持って経営している収入
|
| | | | 206,036 | | | | | | 617,226 | | | | | | 92,149 | | | | | | 375,579 | | | | | | 56,072 | | |
食品と包装コスト-会社が持って運営しています
stores |
| | | | (74,402) | | | | | | (207,948) | | | | | | (31,046) | | | | | | (128,466) | | | | | | (19,180) | | |
レンタル料-会社が店舗を所有して経営している
|
| | | | (54,719) | | | | | | (148,152) | | | | | | (22,118) | | | | | | (98,014) | | | | | | (14,633) | | |
給料と従業員福祉-会社が所有して店を経営している
|
| | | | (50,314) | | | | | | (199,330) | | | | | | (29,759) | | | | | | (136,166) | | | | | | (20,329) | | |
配送コスト-会社が所有·運営する店舗
|
| | | | (12,233) | | | | | | (38,605) | | | | | | (5,764) | | | | | | (28,109) | | | | | | (4,197) | | |
-会社が所有·運営する他の運営費用
stores |
| | | | (52,063) | | | | | | (161,783) | | | | | | (24,154) | | | | | | (118,994) | | | | | | (17,765) | | |
特許経営権と特許権使用料-会社所有と経営商店
|
| | | | (8,592) | | | | | | (18,800) | | | | | | (2,806) | | | | | | (14,280) | | | | | | (2,132) | | |
完全負担の毛利-会社が店舗を所有·経営している
|
| | | | (46,287) | | | | | | (157,392) | | | | | | (23,498) | | | | | | (148,450) | | | | | | (22,164) | | |
| | |
Year ended December 31,
|
| |
Six months
ended June 30, |
| ||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
US$
|
| |||||||||||||||
減価償却と償却(1)
|
| | | | 27,838 | | | | | | 74,276 | | | | | | 11,089 | | | | | | 64,738 | | | | | | 9,665 | | |
開業前材料と人工コスト(2)
|
| | | | 19,850 | | | | | | 81,109 | | | | | | 12,109 | | | | | | 14,312 | | | | | | 2,137 | | |
Pre-opening rental expenses(3)
|
| | | | 12,118 | | | | | | 29,474 | | | | | | 4,400 | | | | | | 8,072 | | | | | | 1,205 | | |
Adjusted store EBITDA
|
| | | | 13,519 | | | | | | 27,467 | | | | | | 4,099 | | | | | | (61,328) | | | | | | (9,157) | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||||||||
-会社は店を経営する収入を持っている
|
| | | | 173,703 | | | | | | 290,009 | | | | | | 40,769 | | | | | | 403,573 | | | | | | 665,588 | | | | | | 93,567 | | |
食品と包装コスト-会社が所有して店を経営している
|
| | | | (59,776) | | | | | | (96,605) | | | | | | (13,581) | | | | | | (136,351) | | | | | | (225,071) | | | | | | (31,640) | | |
レンタル料-会社が所有して店舗を経営しています
|
| | | | (42,877) | | | | | | (36,131) | | | | | | (5,079) | | | | | | (101,287) | | | | | | (134,145) | | | | | | (18,858) | | |
給料と従業員福祉-会社が所有して店を経営する
|
| | | | (59,604) | | | | | | (65,992) | | | | | | (9,277) | | | | | | (127,502) | | | | | | (202,158) | | | | | | (28,419) | | |
-会社が店舗を所有·経営する配送コスト
|
| | | | (11,225) | | | | | | (23,590) | | | | | | (3,316) | | | | | | (24,680) | | | | | | (51,699) | | | | | | (7,268) | | |
-会社は店舗を経営する他の運営費用を持っています
|
| | | | (46,451) | | | | | | (77,538) | | | | | | (10,900) | | | | | | (103,540) | | | | | | (196,532) | | | | | | (27,628) | | |
特許経営権と特許権使用料-会社
所有と経営店 |
| | | | (5,126) | | | | | | (11,021) | | | | | | (1,549) | | | | | | (13,455) | | | | | | (25,301) | | | | | | (3,557) | | |
完全負担の毛損-会社の所有と経営店舗
|
| | | | (51,356) | | | | | | (20,868) | | | | | | (2,933) | | | | | | (103,242) | | | | | | (169,318) | | | | | | (23,803) | | |
減価償却と償却(1)
|
| | | | 19,453 | | | | | | 35,943 | | | | | | 5,053 | | | | | | 46,124 | | | | | | 95,233 | | | | | | 13,388 | | |
店舗オープン前費用(2)
|
| | | | 36,335 | | | | | | 4,277 | | | | | | 601 | | | | | | 70,118 | | | | | | 26,660 | | | | | | 3,748 | | |
調整後の店EBITDA
|
| | | | 4,432 | | | | | | 19,352 | | | | | | 2,721 | | | | | | 13,000 | | | | | | (47,425) | | | | | | (6,667) | | |
調整後の店舗EBITDA利益率(3)
|
| | | | 2.6% | | | | | | 6.7% | | | | | | 6.7% | | | | | | 3.2% | | | | | | -7.1% | | | | | | -7.1% | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||||||||
一般と行政費用
|
| | | | (49,364) | | | | | | (109,567) | | | | | | (15,403) | | | | | | (116,405) | | | | | | (223,085) | | | | | | (31,361) | | |
Adjusted for: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
株式ベースの報酬
|
| | | | — | | | | | | 33,276 | | | | | | 4,678 | | | | | | — | | | | | | 33,276 | | | | | | 4,678 | | |
約束株関連費用
|
| | | | — | | | | | | 21,521 | | | | | | 3,025 | | | | | | — | | | | | | 21,521 | | | | | | 3,025 | | |
オプション株式に関する費用
|
| | | | — | | | | | | 1,778 | | | | | | 250 | | | | | | — | | | | | | 1,778 | | | | | | 250 | | |
ヨーロッパ航空局サービスコスト
|
| | | | — | | | | | | 4,622 | | | | | | 650 | | | | | | — | | | | | | 4,622 | | | | | | 650 | | |
調整後の一般と行政費用
|
| | | | (49,364) | | | | | | (48,370) | | | | | | (6,800) | | | | | | (116,405) | | | | | | (161,888) | | | | | | (22,758) | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||||||||
Operating loss
|
| | | | (112,964) | | | | | | (150,475) | | | | | | (21,154) | | | | | | (245,118) | | | | | | (449,822) | | | | | | (63,236) | | |
Adjusted for: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
店舗オープン前料金
|
| | | | 36,335 | | | | | | 4,277 | | | | | | 601 | | | | | | 70,118 | | | | | | 26,660 | | | | | | 3,748 | | |
減価償却と償却
|
| | | | 19,453 | | | | | | 35,943 | | | | | | 5,053 | | | | | | 46,124 | | | | | | 95,233 | | | | | | 13,388 | | |
株式ベースの報酬
|
| | | | — | | | | | | 33,276 | | | | | | 4,678 | | | | | | — | | | | | | 33,276 | | | | | | 4,678 | | |
約束株関連費用
|
| | | | — | | | | | | 21,521 | | | | | | 3,025 | | | | | | — | | | | | | 21,521 | | | | | | 3,025 | | |
オプション株式に関する費用
|
| | | | — | | | | | | 1,778 | | | | | | 250 | | | | | | — | | | | | | 1,778 | | | | | | 250 | | |
ヨーロッパ航空局サービスコスト
|
| | | | — | | | | | | 4,622 | | | | | | 650 | | | | | | — | | | | | | 4,622 | | | | | | 650 | | |
長寿資産減価損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,473 | | | | | | 769 | | |
財産と設備処分損失
|
| | | | 391 | | | | | | 1,475 | | | | | | 207 | | | | | | 1,132 | | | | | | 8,835 | | | | | | 1,242 | | |
調整後の会社EBITDA
|
| | | | (56,785) | | | | | | (47,583) | | | | | | (6,690) | | | | | | (127,744) | | | | | | (252,424) | | | | | | (35,486) | | |
調整後の会社EBITDA利益率(1)
|
| | | | -31.2% | | | | | | -15.6% | | | | | | -15.6% | | | | | | -30.5% | | | | | | -35.6% | | | | | | -35.6% | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(in thousands, except for %)
|
| |||||||||||||||||||||||||||||||||
Net loss
|
| | | | (113,093) | | | | | | (194,992) | | | | | | (27,412) | | | | | | (245,922) | | | | | | (521,869) | | | | | | (73,364) | | |
Adjusted for: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
店舗オープン前料金
|
| | | | 36,335 | | | | | | 4,277 | | | | | | 601 | | | | | | 70,118 | | | | | | 26,660 | | | | | | 3,748 | | |
株式ベースの報酬
|
| | | | — | | | | | | 33,276 | | | | | | 4,678 | | | | | | — | | | | | | 33,276 | | | | | | 4,678 | | |
約束株関連費用
|
| | | | — | | | | | | 21,521 | | | | | | 3,025 | | | | | | — | | | | | | 21,521 | | | | | | 3,025 | | |
オプション株式に関する費用
|
| | | | — | | | | | | 1,778 | | | | | | 250 | | | | | | — | | | | | | 1,778 | | | | | | 250 | | |
ヨーロッパ航空局サービスコスト
|
| | | | — | | | | | | 4,622 | | | | | | 650 | | | | | | — | | | | | | 4,622 | | | | | | 650 | | |
長寿資産減価損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,473 | | | | | | 769 | | |
財産と設備処分損失
|
| | | | 391 | | | | | | 1,475 | | | | | | 207 | | | | | | 1,132 | | | | | | 8,835 | | | | | | 1,242 | | |
変換可能手形公正価値変動
|
| | | | — | | | | | | (19,452) | | | | | | (2,735) | | | | | | — | | | | | | 1,627 | | | | | | 229 | | |
権利証負債公正価値変動
|
| | | | — | | | | | | (9,950) | | | | | | (1,399) | | | | | | — | | | | | | (9,950) | | | | | | (1,399) | | |
欧州空局由来負債公正価値変動
|
| | | | — | | | | | | 69,932 | | | | | | 9,831 | | | | | | — | | | | | | 69,932 | | | | | | 9,831 | | |
調整後純損失
|
| | | | (76,367) | | | | | | (87,513) | | | | | | (12,304) | | | | | | (174,672) | | | | | | (358,095) | | | | | | (50,341) | | |
調整後純損失率
|
| | | | -41.9% | | | | | | -28.6% | | | | | | -28.6% | | | | | | -41.6% | | | | | | -50.5% | | | | | | -50.5% | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(千株、株式数と1株当たりのデータを含まない)
|
| |||||||||||||||||||||||||||||||||
会社の株主は純損失を占めるべきだ
|
| | | | (111,007) | | | | | | (194,381) | | | | | | (27,326) | | | | | | (243,390) | | | | | | (518,778) | | | | | | (72,929) | | |
Adjusted for: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Store pre-opening expenses
|
| | | | 36,335 | | | | | | 4,277 | | | | | | 601 | | | | | | 70,118 | | | | | | 26,660 | | | | | | 3,748 | | |
Share-based compensation
expenses |
| | | | — | | | | | | 33,276 | | | | | | 4,678 | | | | | | — | | | | | | 33,276 | | | | | | 4,678 | | |
約束株関連費用
|
| | | | — | | | | | | 21,521 | | | | | | 3,025 | | | | | | — | | | | | | 21,521 | | | | | | 3,025 | | |
オプション株式に関する費用
|
| | | | — | | | | | | 1,778 | | | | | | 250 | | | | | | — | | | | | | 1,778 | | | | | | 250 | | |
ヨーロッパ航空局サービスコスト
|
| | | | — | | | | | | 4,622 | | | | | | 650 | | | | | | — | | | | | | 4,622 | | | | | | 650 | | |
長寿資産減価損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,473 | | | | | | 769 | | |
Loss on disposal of
property and equipment |
| | | | 391 | | | | | | 1,475 | | | | | | 207 | | | | | | 1,132 | | | | | | 8,835 | | | | | | 1,242 | | |
変換可能手形公正価値変動
|
| | | | — | | | | | | (19,452) | | | | | | (2,735) | | | | | | — | | | | | | 1,627 | | | | | | 229 | | |
| | |
For the three months ended
September 30, |
| |
For the nine months ended
September 30, |
| ||||||||||||||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2021
|
| |
2022
|
| ||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| ||||||||||||||||||
| | |
(千株、株式数と1株当たりのデータを含まない)
|
| |||||||||||||||||||||||||||||||||
権利証負債公正価値変動
|
| | | | — | | | | | | (9,950) | | | | | | (1,399) | | | | | | — | | | | | | (9,950) | | | | | | (1,399) | | |
Changes in fair value of
欧州空局派生負債 |
| | | | — | | | | | | 69,932 | | | | | | 9,831 | | | | | | — | | | | | | 69,932 | | | | | | 9,831 | | |
調整後の会社株主は純損失を占めるべきである
|
| | | | (74,281) | | | | | | (86,902) | | | | | | (12,218) | | | | | | (172,140) | | | | | | (355,004) | | | | | | (49,906) | | |
1株当たりの基本損失と希薄損失を計算するための加重平均流通株
|
| | | | 124,025,211 | | | | | | 124,680,291 | | | | | | 124,680,291 | | | | | | 120,703,053 | | | | | | 124,361,667 | | | | | | 124,361,667 | | |
Adjusted basic and diluted
net loss per Ordinary Share |
| | | | (0.60) | | | | | | (0.70) | | | | | | (0.10) | | | | | | (1.43) | | | | | | (2.85) | | | | | | (0.40) | | |
| | |
Year ended December 31,
|
| |
Six months
ended June 30, |
| ||||||||||||||||||||||||||||||||||||
| | |
2019
|
| |
2020
|
| |
2021
|
| |
2021
|
| |
2022
|
| |||||||||||||||||||||||||||
| | |
(in thousands)
|
| |||||||||||||||||||||||||||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |
RMB
|
| |
RMB
|
| |
US$
|
| |||||||||||||||||||||
経営活動で使用されている純現金
|
| | | | (77,121) | | | | | | (145,773) | | | | | | (244,966) | | | | | | (36,573) | | | | | | (114,727) | | | | | | (154,942) | | | | | | (23,132) | | |
投資活動で使用する純現金
|
| | | | (56,095) | | | | | | (144,747) | | | | | | (335,277) | | | | | | (50,056) | | | | | | (121,236) | | | | | | (180,355) | | | | | | (26,926) | | |
融資活動が提供する現金純額
|
| | | | 212,802 | | | | | | 221,125 | | | | | | 797,997 | | | | | | 119,138 | | | | | | 287,470 | | | | | | 226,606 | | | | | | 33,831 | | |
外貨為替レート変動が現金に与える影響
|
| | | | 4,730 | | | | | | (16,173) | | | | | | (1,791) | | | | | | (267) | | | | | | (1,379) | | | | | | 2,988 | | | | | | 446 | | |
現金純増/(マイナス)
|
| | | | 84,316 | | | | | | (85,568) | | | | | | 215,963 | | | | | | 32,242 | | | | | | 50,128 | | | | | | (105,703) | | | | | | (15,781) | | |
年明け現金/期間
|
| | | | 176,126 | | | | | | 260,442 | | | | | | 174,874 | | | | | | 26,108 | | | | | | 174,874 | | | | | | 390,837 | | | | | | 58,350 | | |
Cash at end of year/period
|
| | | | 260,442 | | | | | | 174,874 | | | | | | 390,837 | | | | | | 58,350 | | | | | | 225,002 | | | | | | 285,134 | | | | | | 42,569 | | |
| | |
Payment due by
|
| |||||||||||||||||||||||||||
| | |
Total
|
| |
Less than 1 year
|
| |
1 – 3 years
|
| |
3 – 5 years
|
| |
More than
5 years |
| |||||||||||||||
| | |
(RMB, in thousands)
|
| |||||||||||||||||||||||||||
Bank borrowings
|
| | | | 203,958 | | | | | | 192,055 | | | | | | 11,903 | | | | | | — | | | | | | — | | |
Convertible notes
|
| | | | 318,785 | | | | | | — | | | | | | — | | | | | | 318,785 | | | | | | — | | |
レンタル承諾額
経営
|
| | | | 1,052,958 | | | | | | 172,200 | | | | | | 350,758 | | | | | | 274,356 | | | | | | 255,644 | | |
Total | | | | | 1,575,701 | | | | | | 364,255 | | | | | | 362,661 | | | | | | 593,141 | | | | | | 255,644 | | |
| | |
2019
|
| |
2020
|
| |
2021
|
| |
Six months ended
June 30, 2022 |
|
Expected volatility
|
| |
20.68% – 20.89%
|
| |
24.51% – 26.99%
|
| |
24.74% – 25.00%
|
| |
25.00%
|
|
無リスク金利(年利)
|
| |
1.75% – 2.46%
|
| |
1.01% – 1.12%
|
| |
2.47% – 2.53%
|
| |
2.50% – 2.80%
|
|
Exercise multiple
|
| |
2.80
|
| |
2.50 – 2.80
|
| |
2.50 – 2.80
|
| |
2.50 – 2.80
|
|
期待配当収益率
|
| |
0.00%
|
| |
0.00%
|
| |
0.00%
|
| |
0.00%
|
|
Expected term (in years)
|
| |
7
|
| |
6
|
| |
10
|
| |
10
|
|
標的単位公正価値(4,500単位=1株普通株)
|
| |
$0.27
|
| |
$0.37 – $0.53
|
| |
$0.88 – $1.49
|
| |
$1.86
|
|
Name
|
| |
Age
|
| |
Position
|
|
Peter Yu | | |
61
|
| | Chairman and Director | |
Yongchen Lu | | |
45
|
| | CEO兼取締役 | |
Dong Li | | |
46
|
| | 首席財務官 | |
Bin He | | |
39
|
| | Chief Consumer Officer | |
Gregory Armstrong | | |
45
|
| | Director | |
Paul Hong | | |
52
|
| | Director | |
Andrew Wehrley | | |
44
|
| | Director | |
Meizi Zhu | | |
37
|
| | Director | |
Eric Haibing Wu | | |
50
|
| | Director | |
ラファエル·オドリッツィ·ド·オリベイラ | | |
37
|
| | Director | |
Derek Cheung | | |
44
|
| | Director | |
Name
|
| |
Unit Granted
|
| |
Ordinary Shares
Underlying Options |
| |
Exercise Price
(US$/Unit) |
| |
Date of
Grant |
| |
Date of
Expiration |
| |||||||||||||||
Yongchen Lu
|
| | | | 5,000,000 | | | | | | 1,448,615 | | | | | | — | | | | | | 2018/05/01 | | | | | | 2028/05/01 | | |
| | | | | 5,000,000 | | | | | | 1,448,615 | | | | | | 0.2 | | | | | | 2018/05/01 | | | | | | 2028/05/01 | | |
| | | | | * | | | | | | * | | | | | | 0.6 | | | | | | 2021/04/01 | | | | | | 2031/04/01 | | |
Bin He
|
| | | | * | | | | | | * | | | | | | 0.2 | | | | | | 2018/05/01 | | | | | | 2028/05/01 | | |
| | | | | * | | | | | | * | | | | | | 0.6 | | | | | | 2021/02/01 | | | | | | 2031/02/01 | | |
| | | | | * | | | | | | * | | | | | | 1.2 | | | | | | 2022/03/01 | | | | | | 2032/03/01 | | |
Dong Li
|
| | | | * | | | | | | * | | | | | | 0.6 | | | | | | 2021/09/06 | | | | | | 2031/09/06 | | |
| | | | | * | | | | | | * | | | | | | 1.2 | | | | | | 2022/03/01 | | | | | | 2032/03/01 | | |
すべての役員と役員を1つのグループとして
|
| | | | 18,088,658 | | | | | | 5,240,701 | | | | | | | | | | | | | | | | | | | | |
| | |
普通株式公正時価
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
償還日(締め切りは
Warrants) |
| |
≤$10.00
|
| |
11.00
|
| |
12.00
|
| |
13.00
|
| |
14.00
|
| |
15.00
|
| |
16.00
|
| |
17.00
|
| |
≥18.00
|
| |||||||||||||||||||||||||||
60 months
|
| | | | 0.261 | | | | | | 0.281 | | | | | | 0.297 | | | | | | 0.311 | | | | | | 0.324 | | | | | | 0.337 | | | | | | 0.348 | | | | | | 0.358 | | | | | | 0.361 | | |
57 months
|
| | | | 0.257 | | | | | | 0.277 | | | | | | 0.294 | | | | | | 0.310 | | | | | | 0.324 | | | | | | 0.337 | | | | | | 0.348 | | | | | | 0.358 | | | | | | 0.361 | | |
54 months
|
| | | | 0.252 | | | | | | 0.272 | | | | | | 0.291 | | | | | | 0.307 | | | | | | 0.322 | | | | | | 0.335 | | | | | | 0.347 | | | | | | 0.357 | | | | | | 0.361 | | |
51 months
|
| | | | 0.246 | | | | | | 0.268 | | | | | | 0.287 | | | | | | 0.304 | | | | | | 0.320 | | | | | | 0.333 | | | | | | 0.346 | | | | | | 0.357 | | | | | | 0.361 | | |
48 months
|
| | | | 0.241 | | | | | | 0.263 | | | | | | 0.283 | | | | | | 0.301 | | | | | | 0.317 | | | | | | 0.332 | | | | | | 0.344 | | | | | | 0.356 | | | | | | 0.361 | | |
45 months
|
| | | | 0.235 | | | | | | 0.258 | | | | | | 0.279 | | | | | | 0.298 | | | | | | 0.315 | | | | | | 0.330 | | | | | | 0.343 | | | | | | 0.356 | | | | | | 0.361 | | |
42 months
|
| | | | 0.228 | | | | | | 0.252 | | | | | | 0.274 | | | | | | 0.294 | | | | | | 0.312 | | | | | | 0.328 | | | | | | 0.342 | | | | | | 0.355 | | | | | | 0.361 | | |
39 months
|
| | | | 0.221 | | | | | | 0.246 | | | | | | 0.269 | | | | | | 0.290 | | | | | | 0.309 | | | | | | 0.325 | | | | | | 0.340 | | | | | | 0.354 | | | | | | 0.361 | | |
36 months
|
| | | | 0.213 | | | | | | 0.239 | | | | | | 0.263 | | | | | | 0.285 | | | | | | 0.305 | | | | | | 0.323 | | | | | | 0.339 | | | | | | 0.353 | | | | | | 0.361 | | |
33 months
|
| | | | 0.205 | | | | | | 0.232 | | | | | | 0.257 | | | | | | 0.280 | | | | | | 0.301 | | | | | | 0.320 | | | | | | 0.337 | | | | | | 0.352 | | | | | | 0.361 | | |
30 months
|
| | | | 0.196 | | | | | | 0.224 | | | | | | 0.250 | | | | | | 0.274 | | | | | | 0.297 | | | | | | 0.316 | | | | | | 0.335 | | | | | | 0.351 | | | | | | 0.361 | | |
27 months
|
| | | | 0.185 | | | | | | 0.214 | | | | | | 0.242 | | | | | | 0.268 | | | | | | 0.291 | | | | | | 0.313 | | | | | | 0.332 | | | | | | 0.350 | | | | | | 0.361 | | |
24 months
|
| | | | 0.173 | | | | | | 0.204 | | | | | | 0.233 | | | | | | 0.260 | | | | | | 0.285 | | | | | | 0.308 | | | | | | 0.329 | | | | | | 0.348 | | | | | | 0.361 | | |
21 months
|
| | | | 0.161 | | | | | | 0.193 | | | | | | 0.223 | | | | | | 0.252 | | | | | | 0.279 | | | | | | 0.304 | | | | | | 0.326 | | | | | | 0.347 | | | | | | 0.361 | | |
18 months
|
| | | | 0.146 | | | | | | 0.179 | | | | | | 0.211 | | | | | | 0.242 | | | | | | 0.271 | | | | | | 0.298 | | | | | | 0.322 | | | | | | 0.345 | | | | | | 0.361 | | |
15 months
|
| | | | 0.130 | | | | | | 0.164 | | | | | | 0.197 | | | | | | 0.230 | | | | | | 0.262 | | | | | | 0.291 | | | | | | 0.317 | | | | | | 0.342 | | | | | | 0.361 | | |
12 months
|
| | | | 0.111 | | | | | | 0.146 | | | | | | 0.181 | | | | | | 0.216 | | | | | | 0.250 | | | | | | 0.282 | | | | | | 0.312 | | | | | | 0.339 | | | | | | 0.361 | | |
9 months
|
| | | | 0.090 | | | | | | 0.125 | | | | | | 0.162 | | | | | | 0.199 | | | | | | 0.237 | | | | | | 0.272 | | | | | | 0.305 | | | | | | 0.336 | | | | | | 0.361 | | |
6 months
|
| | | | 0.065 | | | | | | 0.099 | | | | | | 0.137 | | | | | | 0.178 | | | | | | 0.219 | | | | | | 0.259 | | | | | | 0.296 | | | | | | 0.331 | | | | | | 0.361 | | |
3 months
|
| | | | 0.034 | | | | | | 0.065 | | | | | | 0.104 | | | | | | 0.150 | | | | | | 0.197 | | | | | | 0.243 | | | | | | 0.286 | | | | | | 0.326 | | | | | | 0.361 | | |
0 months
|
| | | | — | | | | | | — | | | | | | 0.042 | | | | | | 0.115 | | | | | | 0.179 | | | | | | 0.233 | | | | | | 0.281 | | | | | | 0.323 | | | | | | 0.361 | | |
Name of Beneficial Owner
|
| |
Number
|
| |
Percentage
|
| ||||||
5%以上の大株主: | | | | | | | | | | | | | |
Pangaea Two Acquisition Holdings XXIIA Limited
|
| | | | 71,677,504(1) | | | | | | 48.0% | | |
テンセント持ち株移動有限公司
|
| | | | 20,183,010(2) | | | | | | 13.5% | | |
SCC Growth VI Holdco D, Ltd.
|
| | | | 14,503,032(3) | | | | | | 9.7% | | |
銀冠管理有限責任会社
|
| | | | 8,762,500(4) | | | | | | 5.7% | | |
THC Hope IB Limited
|
| | | | 8,242,983(5) | | | | | | 5.5% | | |
役員と役員: | | | | | | | | | | | | | |
Peter Yu
|
| | | | 79,468,522(6) | | | | | | 53.1% | | |
Yongchen Lu
|
| | | | *(7) | | | | | | * | | |
Dong Li
|
| | | | — | | | | | | — | | |
Bin He
|
| | | | *(8) | | | | | | * | | |
Gregory Armstrong
|
| | | | — | | | | | | — | | |
Paul Hong
|
| | | | — | | | | | | — | | |
Andrew Wehrley
|
| | | | — | | | | | | — | | |
Meizi Zhu
|
| | | | — | | | | | | — | | |
Eric Haibing Wu
|
| | | | — | | | | | | — | | |
ラファエル·オドリッツィ·ド·オリベイラ
|
| | | | — | | | | | | — | | |
Derek Cheung
|
| | | | — | | | | | | — | | |
役員全員と役員(11人)
|
| | | | 81,428,958 | | | | | | 54.4% | | |
| | |
Ordinary Shares
|
| |
Warrants
普通株式を購入 |
| ||||||||||||||||||||||||||||||
Name
|
| |
Number
Beneficially Owned Prior to Offering |
| |
Number
Registered for Sale Hereby |
| |
Number
Beneficially Owned After Offering |
| |
Number
Beneficially Owned Prior to Offering |
| |
Number
Registered For Sale Hereby |
| |
Number
Beneficially Owner After Offering |
| ||||||||||||||||||
Pangaea Two Acquisition Holdings XXIA Limited≡(1)
|
| | | | 71,677,504 | | | | | | 21,363,251 | | | | | | 50,314,253 | | | | | | — | | | | | | — | | | | | | — | | |
テンセント持ち株移動有限公司(2)
|
| | | | 19,783,010 | | | | | | 6,774,903 | | | | | | 13,008,107 | | | | | | 400,000 | | | | | | 400,000 | | | | | | — | | |
SCC Growth VI Holdco D, Ltd.(3)
|
| | | | 14,503,032 | | | | | | 4,560,910 | | | | | | 9,942,122 | | | | | | — | | | | | | — | | | | | | — | | |
東ベル国際XXVI有限公司(4)
|
| | | | 7,251,517 | | | | | | 2,280,455 | | | | | | 4,971,062 | | | | | | — | | | | | | — | | | | | | — | | |
盤古二次買収ホールディングスXXIII株式会社゚(5)
|
| | | | 6,191,018 | | | | | | 1,857,305 | | | | | | 4,333,713 | | | | | | | | | | | | | | | | | | | | |
銀冠管理有限責任会社(6)
|
| | | | 4,312,500 | | | | | | 4,312,500 | | | | | | — | | | | | | 4,450,000 | | | | | | 4,450,000 | | | | | | — | | |
少林資本パートナーマスター基金有限公司(7)
|
| | | | 2,108,200 | | | | | | 2,108,200 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
TH China Partners Limited(8)
|
| | | | 1,200,000 | | | | | | 1,200,000 | | | | | | — | | | | | | 400,000 | | | | | | 400,000 | | | | | | — | | |
ティム·ホートン飲食国際有限公司(9)
|
| | | | 5,651,956 | | | | | | 1,200,000 | | | | | | 4,451,956 | | | | | | 400,000 | | | | | | 400,000 | | | | | | — | | |
MAP 214隔離ポートフォリオ,LMA SPCクラスタの隔離ポートフォリオ(10)
|
| | | | 1,135,900 | | | | | | 1,135,900 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
DS Liquid DIV RVA SCM LLC(11)
|
| | | | 1,092,000 | | | | | | 1,092,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
少林資本パートナーSP,PC MAP SPCグループの独立ポートフォリオ(12)
|
| | | | 663,900 | | | | | | 663,900 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
銀冠投資有限会社(13)
|
| | | | 500,000 | | | | | | 500,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Sona Credit Master Fund
Limited(14) |
| | | | 3,130,735 | | | | | | 3,130,735 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
日の出パートナー有限組合員(15)
|
| | | | 4,321,306 | | | | | | 4,321,306 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Expense
|
| |
Amount
|
| |||
SEC registration fee
|
| | | $ | 21,479.97 | | |
Printing expenses
|
| | | $ | 50,000 | | |
Legal fees and expenses
|
| | | $ | 250,000 | | |
課金と料金
|
| | | $ | 150,000 | | |
Miscellaneous
|
| | | $ | 25,000 | | |
Total
|
| | | $ | 496,479.97 | | |
| | |
Page
|
| |||
独立公認会計士事務所報告
|
| | | | F-2 | | |
2021年12月31日現在と2020年12月31日現在の連結貸借対照表
|
| | | | F-3 | | |
2021年12月31日現在、2020年12月31日と2019年12月31日までの年度総合経営報告書
|
| | | | F-4 | | |
2021年12月31日現在、2020年12月31日と2019年12月31日までの総合全面赤字報告書
|
| | | | F-5 | | |
2021年12月31日までの年度株主権益変動合併報告書
2020 and 2019 |
| | | | F-6 | | |
2021年12月31日現在、2020年12月31日と2019年12月31日までの統合キャッシュフロー表
|
| | | | F-7 | | |
連結財務諸表付記
|
| | | | F-9 | | |
2022年6月30日と2021年12月31日までの未監査簡明合併貸借対照表
|
| | | | F-41 | | |
2022年6月30日と2021年6月30日までの3ヶ月と6ヶ月間監査されていない簡明総合経営報告書
|
| | | | F-42 | | |
2022年6月30日と2021年6月30日までの3ヶ月と6ヶ月間監査されていない簡明総合全面赤字報告書
|
| | | | F-44 | | |
2022年6月30日と2021年6月30日までの6ヶ月間監査されていない現金流量簡明合併報告書
|
| | | | F-45 | | |
監査されていない簡明合併財務諸表に付記
|
| | | | F-46 | | |
| | | | | | | | |
As of December 31
|
| |||||||||
| | |
Note
|
| |
2021
|
| |
2020
|
| |||||||||
| | | | | | | | |
RMB
|
| |
RMB
|
| ||||||
ASSETS | | | | | | | | | | | | | | | | | | | |
Current assets | | | | | | | | | | | | | | | | | | | |
Cash
|
| | | | | | | | | | 390,837,386 | | | | | | 174,873,739 | | |
Accounts receivable
|
| | | | 3 | | | | | | 9,817,292 | | | | | | 7,978,152 | | |
Inventories
|
| | | | 4 | | | | | | 42,479,403 | | | | | | 11,304,698 | | |
前払い費用と他の流動資産
|
| | | | 5 | | | | | | 142,838,295 | | | | | | 56,736,515 | | |
Total current assets
|
| | | | | | | | | | 585,972,376 | | | | | | 250,893,104 | | |
Non-current assets | | | | | | | | | | | | | | | | | | | |
財産と設備、純額
|
| | | | 6 | | | | | | 554,015,231 | | | | | | 235,752,655 | | |
Intangible assets, net
|
| | | | 7 | | | | | | 77,593,680 | | | | | | 61,903,026 | | |
Other non-current assets
|
| | | | 8 | | | | | | 67,311,223 | | | | | | 31,811,916 | | |
Total non-current assets
|
| | | | | | | | | | 698,920,134 | | | | | | 329,467,597 | | |
Total assets
|
| | | | | | | | | | 1,284,892,510 | | | | | | 580,360,701 | | |
負債と株主権益 | | | | | | | | | | | | | | | | | | | |
流動負債 | | | | | | | | | | | | | | | | | | | |
短期銀行借金
|
| | | | 9 | | | | | | 192,055,323 | | | | | | — | | |
Accounts payable
|
| | | | | | | | | | 60,952,491 | | | | | | 15,396,770 | | |
Contract liabilities
|
| | | | 10 | | | | | | 14,129,311 | | | | | | 2,860,704 | | |
関連側金額
に対応
|
| | | | 22 | | | | | | 14,073,915 | | | | | | 7,678,486 | | |
その他流動負債
|
| | | | 13 | | | | | | 286,078,575 | | | | | | 102,308,418 | | |
流動負債総額
|
| | | | | | | | | | 567,289,615 | | | | | | 128,244,378 | | |
非流動負債 | | | | | | | | | | | | | | | | | | | |
長期銀行借金
|
| | | | 9 | | | | | | 11,903,452 | | | | | | — | | |
公正価値で計算される変換可能チケット
|
| | | | 14 | | | | | | 318,466,215 | | | | | | — | | |
契約負債-非流動
|
| | | | 10 | | | | | | 970,486 | | | | | | 534,067 | | |
その他非流動負債
|
| | | | | | | | | | 46,858,492 | | | | | | 18,173,219 | | |
Other liabilities
|
| | | | | | | | | | 309,214 | | | | | | 356,787 | | |
非流動負債合計
|
| | | | | | | | | | 378,507,859 | | | | | | 19,064,073 | | |
Total liabilities
|
| | | | | | | | | | 945,797,474 | | | | | | 147,308,451 | | |
Shareholders’ equity | | | | | | | | | | | | | | | | | | | |
普通株(額面0.01ドル、ライセンス500万株、
現在,発行済み株と発行済み株はそれぞれ116,691株と101,500株である December 31, 2021 and 2020, respectively) |
| | | | | | | | | | 7,497 | | | | | | 6,513 | | |
新規実収資本
|
| | | | | | | | | | 937,315,273 | | | | | | 644,906,635 | | |
Accumulated losses
|
| | | | | | | | | | (637,528,160) | | | | | | (255,807,141) | | |
他の総合収益
を累積
|
| | | | | | | | | | 35,743,691 | | | | | | 39,181,361 | | |
会社の株主は権益総額
を占めるべきである
|
| | | | | | | | | | 335,538,301 | | | | | | 428,287,368 | | |
非持株権益
|
| | | | | | | | | | 3,556,735 | | | | | | 4,764,882 | | |
株主権益合計
|
| | | | | | | | | | 339,095,036 | | | | | | 433,052,250 | | |
支払いの引き受けと、または事項
|
| | | | 11 | | | | | | | | | | | | | | |
総負債と株主権益
|
| | | | | | | | | | 1,284,892,510 | | | | | | 580,360,701 | | |
| | | | | | | | |
Year ended December 31
|
| |||||||||||||||
| | |
Note
|
| |
2021
|
| |
2020
|
| |
2019
|
| ||||||||||||
| | | | | | | | |
RMB
|
| |
RMB
|
| |
RMB
|
| |||||||||
Revenues | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している
|
| | | | | | | | | | 617,226,090 | | | | | | 206,036,187 | | | | | | 48,081,820 | | |
その他の収入(2021年12月31日現在、2020年12月31日現在、2019年12月31日まで年度関連側と取引されている他の収入人民元428,148元を含み、それぞれゼロとゼロ)
|
| | | | | | | | | | 26,145,859 | | | | | | 6,048,384 | | | | | | 9,175,283 | | |
Total revenues
|
| | | | 15 | | | | | | 643,371,949 | | | | | | 212,084,571 | | | | | | 57,257,103 | | |
Costs and expenses, net | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している | | | | | | | | | | | | | | | | | | | | | | | | | |
食品と包装(会社独自コストを含む)
そして関連先との取引で店舗を経営する of RMB19,521,561, RMB8,864,342 and RMB6,815,762 for the years ended December 31, 2021, 2020 and 2019, respectively) |
| | | | | | | | | | 207,947,581 | | | | | | 74,401,872 | | | | | | 21,598,486 | | |
Rental expenses
|
| | | | | | | | | | 148,152,234 | | | | | | 54,719,146 | | | | | | 18,766,599 | | |
給料と従業員福祉
|
| | | | | | | | | | 199,329,992 | | | | | | 50,314,270 | | | | | | 20,695,652 | | |
Delivery costs
|
| | | | | | | | | | 38,604,864 | | | | | | 12,232,737 | | | | | | 774,239 | | |
その他の運営費用
|
| | | | | | | | | | 161,783,398 | | | | | | 52,063,335 | | | | | | 14,778,589 | | |
会社が自社と運営する商店コストと
expenses |
| | | | | | | | | | 755,818,069 | | | | | | 243,731,360 | | | | | | 76,613,565 | | |
Costs of other revenues
|
| | | | | | | | | | 16,731,187 | | | | | | 5,207,632 | | | | | | 7,842,171 | | |
Marketing expenses
|
| | | | | | | | | | 50,316,856 | | | | | | 16,986,023 | | | | | | 8,020,373 | | |
一般と行政費用(一般と
を含む
関連顧客との取引による管理費用 party of nil, RMB160,532 and RMB443,260 for the years ended December 31, 2021, 2020 and 2019, respectively) |
| | | | | | | | | | 174,962,876 | | | | | | 79,366,314 | | | | | | 51,066,593 | | |
フランチャイズ権と特許権使用料(フランチャイズ権と
を含む
関連先と取引所で発生する印税費用 RMB15,576,324, RMB5,147,252 and RMB1,209,660 for the years ended December 31, 2021, 2020 and 2019, respectively) |
| | | | | | | | | | 18,800,024 | | | | | | 8,591,902 | | | | | | 4,726,773 | | |
その他の運営コストと費用
|
| | | | | | | | | | 2,134,905 | | | | | | 2,712,522 | | | | | | 439,452 | | |
財産と設備処分損失
|
| | | | | | | | | | 1,546,122 | | | | | | — | | | | | | — | | |
長寿資産減価損失
|
| | | | | | | | | | 1,001,880 | | | | | | — | | | | | | — | | |
Other income
|
| | | | 16 | | | | | | 3,475,871 | | | | | | 3,338,788 | | | | | | 195,717 | | |
総コストと費用、純額
|
| | | | | | | | | | 1,017,836,048 | | | | | | 353,256,965 | | | | | | 148,513,210 | | |
Operating loss
|
| | | | | | | | | | (374,464,099) | | | | | | (141,172,394) | | | | | | (91,256,107) | | |
Interest income
|
| | | | | | | | | | 315,550 | | | | | | 511,389 | | | | | | 2,271,637 | | |
Interest expenses
|
| | | | | | | | | | (1,901,653) | | | | | | — | | | | | | — | | |
外貨取引(損失)/収益
|
| | | | | | | | | | (1,301,963) | | | | | | (2,399,162) | | | | | | 1,155,826 | | |
変換可能チケット公正価値変動は,
は含まれていない
ツールに特化した信用リスク |
| | | | 21 | | | | | | (5,577,001) | | | | | | — | | | | | | — | | |
Loss before income taxes
|
| | | | | | | | | | (382,929,166) | | | | | | (143,060,167) | | | | | | (87,828,644) | | |
Income tax expenses
|
| | | | 18 | | | | | | — | | | | | | — | | | | | | — | | |
Net loss
|
| | | | | | | | | | (382,929,166) | | | | | | (143,060,167) | | | | | | (87,828,644) | | |
減算:非持株権益は純損失
を占めるべきである
|
| | | | | | | | | | (1,208,147) | | | | | | (1,060,660) | | | | | | (174,458) | | |
会社株主は純損失
を占めるべきである
|
| | | | | | | | | | (381,721,019) | | | | | | (141,999,507) | | | | | | (87,654,186) | | |
1株当たりの普通株の基本と赤字
|
| | | | 20 | | | | | | (3,340) | | | | | | (1,416) | | | | | | (877) | | |
| | | | | |
Year ended December 31,
|
| |||||||||||||||
| | | | | |
2021
|
| |
2020
|
| |
2019
|
| |||||||||
| | | | | |
RMB
|
| |
RMB
|
| |
RMB
|
| |||||||||
Net loss
|
| | | | | | | (382,929,166) | | | | | | (143,060,167) | | | | | | (87,828,644) | | |
その他総合(損失)/収入 | | | | | | | | | | | | | | | | | | | | | | |
変換可能チケットチケットによる公正価値変動-
特定信用リスク、所得税ゼロを差し引いた純額 |
| | | | | | | (548,029) | | | | | | — | | | | | | — | | |
所得税ゼロ控除後の外貨換算調整
|
| | | | | | | (2,889,641) | | | | | | 2,788,426 | | | | | | 19,068,426 | | |
全面赤字
|
| | | | | | | (386,366,836) | | | | | | (140,271,741) | | | | | | (68,760,218) | | |
減算:非持株権益による総合損失
|
| | | | | | | (1,208,147) | | | | | | (1,060,660) | | | | | | (174,458) | | |
会社株主は総合損失
を占めるべきである
|
| | | | | | | (385,158,689) | | | | | | (139,211,081) | | | | | | (68,585,760) | | |
| | | | | | | | |
Ordinary shares
|
| |
Additional
paid-in capital |
| |
Subscription
receivables |
| |
Accumulated
losses |
| |
Accumulated
other comprehensive income |
| |
Total equity
attributable to shareholders of the Company |
| |
Non-controlling
interests |
| |
Total
shareholders’ equity |
| ||||||||||||||||||||||||||||||
| | |
Note
|
| |
Number of
shares |
| |
Amount
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |||||||||||||||||||||||||||
Balance at
January 1, 2019 |
| | | | | | | | | | 100,000 | | | | | | 6,412 | | | | | | 636,537,437 | | | | | | (384,726,000) | | | | | | (26,153,448) | | | | | | 17,324,509 | | | | | | 242,988,910 | | | | | | — | | | | | | 242,988,910 | | |
Net loss
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (87,654,186) | | | | | | — | | | | | | (87,654,186) | | | | | | (174,458) | | | | | | (87,828,644) | | |
外貨換算調整
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 19,068,426 | | | | | | 19,068,426 | | | | | | — | | | | | | 19,068,426 | | |
子会社非持株株主出資
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 6,000,000 | | | | | | 6,000,000 | | |
引受売掛金決済
|
| | | | 19 | | | | | | — | | | | | | — | | | | | | — | | | | | | 192,363,000 | | | | | | — | | | | | | — | | | | | | 192,363,000 | | | | | | — | | | | | | 192,363,000 | | |
Balance at
December 31, 2019 |
| | | | | | | | | | 100,000 | | | | | | 6,412 | | | | | | 636,537,437 | | | | | | (192,363,000) | | | | | | (113,807,634) | | | | | | 36,392,935 | | | | | | 366,766,150 | | | | | | 5,825,542 | | | | | | 372,591,692 | | |
Net loss
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (141,999,507) | | | | | | — | | | | | | (141,999,507) | | | | | | (1,060,660) | | | | | | (143,060,167) | | |
外貨換算調整
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,788,426 | | | | | | 2,788,426 | | | | | | — | | | | | | 2,788,426 | | |
Issuance of
shares |
| | | | 19 | | | | | | 1,500 | | | | | | 101 | | | | | | 10,089,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 10,089,101 | | | | | | — | | | | | | 10,089,101 | | |
引受売掛金決済
|
| | | | 19 | | | | | | — | | | | | | — | | | | | | (1,719,802) | | | | | | 192,363,000 | | | | | | — | | | | | | — | | | | | | 190,643,198 | | | | | | — | | | | | | 190,643,198 | | |
Balance at
December 31, 2020 |
| | | | | | | | | | 101,500 | | | | | | 6,513 | | | | | | 644,906,635 | | | | | | — | | | | | | (255,807,141) | | | | | | 39,181,361 | | | | | | 428,287,368 | | | | | | 4,764,882 | | | | | | 433,052,250 | | |
Net loss
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (381,721,019) | | | | | | — | | | | | | (381,721,019) | | | | | | (1,208,147) | | | | | | (382,929,166) | | |
変換可能チケット特定ツールの信用リスクによる公正価値変動
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (548,029) | | | | | | (548,029) | | | | | | — | | | | | | (548,029) | | |
外貨換算調整
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (2,889,641) | | | | | | (2,889,641) | | | | | | — | | | | | | (2,889,641) | | |
Issuance of
shares |
| | | | 19 | | | | | | 15,191 | | | | | | 984 | | | | | | 292,408,638 | | | | | | — | | | | | | — | | | | | | — | | | | | | 292,409,622 | | | | | | — | | | | | | 292,409,622 | | |
Balance at
December 31, 2021 |
| | | | | | | | | | 116,691 | | | | | | 7,497 | | | | | | 937,315,273 | | | | | | — | | | | | | (637,528,160) | | | | | | 35,743,691 | | | | | | 335,538,301 | | | | | | 3,556,735 | | | | | | 339,095,036 | | |
| | |
Year ended December 31,
|
| |||||||||||||||
| | |
2021
|
| |
2020
|
| |
2019
|
| |||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |||||||||
経営活動キャッシュフロー: | | | | | | | | | | | | | | | | | | | |
Net loss
|
| | | | (382,929,166) | | | | | | (143,060,167) | | | | | | (87,828,644) | | |
純損失と経営活動で使用される現金純額を調整する:
|
| | | | | | | | | | | | | | | | | | |
減価償却及び償却
|
| | | | 74,276,142 | | | | | | 27,838,383 | | | | | | 8,700,124 | | |
財産と設備処分損失
|
| | | | 1,546,122 | | | | | | — | | | | | | — | | |
長寿資産減価損失
|
| | | | 1,001,880 | | | | | | — | | | | | | — | | |
未実現外貨取引(損失)/収益
|
| | | | 827,068 | | | | | | 2,399,162 | | | | | | (1,155,826) | | |
変換可能チケット公正価値変動は,影響
は含まれていない
ツール特定信用リスクの |
| | | | 5,577,001 | | | | | | — | | | | | | — | | |
経営性資産と負債変動: | | | | | | | | | | | | | | | | | | | |
Accounts receivable
|
| | | | (1,839,140) | | | | | | (4,804,658) | | | | | | (3,173,494) | | |
Inventories
|
| | | | (31,174,705) | | | | | | (5,570,406) | | | | | | (5,734,292) | | |
前払い費用と他の流動資産
|
| | | | (36,203,430) | | | | | | (36,698,790) | | | | | | (17,331,777) | | |
Other non-current assets
|
| | | | (35,499,307) | | | | | | (22,108,155) | | | | | | (8,130,865) | | |
Accounts payable
|
| | | | 45,555,721 | | | | | | 7,709,469 | | | | | | 7,687,301 | | |
関連側金額
に対応
|
| | | | 4,083,764 | | | | | | 2,883,159 | | | | | | 1,170,773 | | |
Contract liabilities
|
| | | | 11,705,026 | | | | | | (657,361) | | | | | | 4,052,132 | | |
その他流動負債
|
| | | | 69,469,317 | | | | | | 13,565,385 | | | | | | 19,243,508 | | |
その他非流動負債
|
| | | | 28,685,273 | | | | | | 12,877,600 | | | | | | 4,877,165 | | |
Other liabilities
|
| | | | (47,573) | | | | | | (146,454) | | | | | | 503,241 | | |
経営活動で使用されている純現金
|
| | | | (244,966,007) | | | | | | (145,772,833) | | | | | | (77,120,654) | | |
投資活動のキャッシュフロー: | | | | | | | | | | | | | | | | | | | |
財産·設備·無形資産
の購入
assets |
| | | | (335,318,355) | | | | | | (144,747,183) | | | | | | (56,094,906) | | |
処分財産と設備の収益
|
| | | | 41,000 | | | | | | — | | | | | | — | | |
投資活動で使用する純現金
|
| | | | (335,277,355) | | | | | | (144,747,183) | | | | | | (56,094,906) | | |
| | |
Year ended December 31,
|
| |||||||||||||||
| | |
2021
|
| |
2020
|
| |
2019
|
| |||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |||||||||
融資活動のキャッシュフロー: | | | | | | | | | | | | | | | | | | | |
変換可能チケット収益
|
| | | | 312,092,172 | | | | | | — | | | | | | | | |
短期銀行借入収益
|
| | | | 194,259,323 | | | | | | — | | | | | | | | |
銀行短期借金の返済
|
| | | | (5,300,000) | | | | | | — | | | | | | | | |
長期銀行借入金収益
|
| | | | 14,999,452 | | | | | | — | | | | | | | | |
子会社非持株株主の出資
|
| | | | — | | | | | | — | | | | | | 6,000,000 | | |
普通株式発行による収益
|
| | | | 291,393,000 | | | | | | 222,844,800 | | | | | | 206,802,000 | | |
普通株式発行費用支払い
|
| | | | (136,000) | | | | | | (1,719,802) | | | | | | — | | |
製品料金を支払う
|
| | | | (9,310,208) | | | | | | — | | | | | | — | | |
融資活動が提供する現金純額
|
| | | | 797,997,739 | | | | | | 221,124,998 | | | | | | 212,802,000 | | |
外貨為替レート変動が現金に与える影響
|
| | | | (1,790,730) | | | | | | (16,173,085) | | | | | | 4,729,108 | | |
現金純増/(マイナス)
|
| | | | 215,963,647 | | | | | | (85,568,103) | | | | | | 84,315,548 | | |
Cash at beginning of year
|
| | | | 174,873,739 | | | | | | 260,441,842 | | | | | | 176,126,294 | | |
Cash at end of year
|
| | | | 390,837,386 | | | | | | 174,873,739 | | | | | | 260,441,842 | | |
キャッシュフロー情報補足開示: | | | | | | | | | | | | | | | | | | | |
Interest expenses paid
|
| | | | 1,481,293 | | | | | | — | | | | | | — | | |
非現金投融資活動を補足開示:
|
| | | | | | | | | | | | | | | | | | |
財産と設備を購入する支払金
|
| | | | 172,981,034 | | | | | | 67,893,359 | | | | | | 31,104,761 | | |
Accrued offering costs
|
| | | | 9,164,827 | | | | | | — | | | | | | — | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Cash on hand
|
| | | | 132,127 | | | | | | — | | |
現金残高には預金が含まれている: | | | | | | | | | | | | | |
中国大陸部の金融機関 | | | | | | | | | | | | | |
– Denominated in RMB
|
| | | | 30,060,065 | | | | | | 46,198,989 | | |
– Denominated in USD
|
| | | | 45,514,330 | | | | | | 65,612,421 | | |
中国大陸金融機関が持っている現金残高合計
|
| | | | 75,574,395 | | | | | | 111,811,410 | | |
香港特別行政区金融機関(“香港特別行政区”)
|
| | | | | | | | | | | | |
– Denominated in USD
|
| | | | 1,827,905 | | | | | | 54,797,625 | | |
– Denominated in HKD
|
| | | | — | | | | | | 119 | | |
香港特別行政区金融機関が保有する現金残高総額
|
| | | | 1,827,905 | | | | | | 54,797,744 | | |
ケイマン諸島の金融機関 | | | | | | | | | | | | | |
– Denominated in USD
|
| | | | 313,302,959 | | | | | | 8,264,585 | | |
ケイマン金融機関が持っている現金残高総額
|
| | | | 313,302,959 | | | | | | 8,264,585 | | |
金融機関の現金残高合計
|
| | | | 390,705,259 | | | | | | 174,873,739 | | |
Total cash balances
|
| | | | 390,837,386 | | | | | | 174,873,739 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Accounts receivable
|
| | | | 9,817,292 | | | | | | 7,978,152 | | |
減算:不良債権準備
|
| | | | — | | | | | | — | | |
Accounts receivable, net
|
| | | | 9,817,292 | | | | | | 7,978,152 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Food and beverage
|
| | | | 31,858,814 | | | | | | 10,275,190 | | |
電子商取引販売商品
|
| | | | 6,927,512 | | | | | | — | | |
Others
|
| | | | 3,693,077 | | | | | | 1,029,508 | | |
| | | | | 42,479,403 | | | | | | 11,304,698 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Creditable input VAT
|
| | | | 50,212,274 | | | | | | 22,795,390 | | |
Short-term deposits
|
| | | | 4,161,725 | | | | | | 5,480,871 | | |
支払い処理業者と送金業者の売掛金
|
| | | | 17,701,386 | | | | | | 8,896,459 | | |
前払いレンタル料
|
| | | | 26,855,976 | | | | | | 11,959,627 | | |
前払い保険料
|
| | | | 859,319 | | | | | | 340,479 | | |
マーケティング費用を前払い
|
| | | | 14,666,752 | | | | | | 2,961,467 | | |
発売延期コスト
|
| | | | 18,475,035 | | | | | | — | | |
Others
|
| | | | 9,905,828 | | | | | | 4,302,222 | | |
| | | | | 142,838,295 | | | | | | 56,736,515 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
家具と事務設備
|
| | | | 44,636,186 | | | | | | 19,733,409 | | |
Kitchen equipment
|
| | | | 151,405,306 | | | | | | 60,110,595 | | |
Software
|
| | | | 30,171,796 | | | | | | 16,581,285 | | |
レンタル改善
|
| | | | 408,353,529 | | | | | | 163,623,522 | | |
工事中
|
| | | | 15,747,154 | | | | | | 4,742,035 | | |
財産と設備、総
|
| | | | 650,313,971 | | | | | | 264,790,846 | | |
減算:減価償却累計
|
| | | | (96,298,740) | | | | | | (29,038,191) | | |
財産と設備、純額
|
| | | | 554,015,231 | | | | | | 235,752,655 | | |
| | |
Weighted-Average
Amortization Period (years) |
| |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
Thriライセンスの特許経営権-
|
| |
20
|
| | | | 63,757,000 | | | | | | 65,249,000 | | |
フランチャイズ権-前払いフランチャイズ料
|
| |
2 – 12
|
| | | | 28,156,287 | | | | | | 4,097,227 | | |
減算:累計償却
|
| | | | | | | (14,319,607) | | | | | | (7,443,201) | | |
Intangible assets, net
|
| | | | | | | 77,593,680 | | | | | | 61,903,026 | | |
| Year ending December 31 | | | | | | | |
|
2022
|
| | | | 7,687,799 | | |
|
2023
|
| | | | 7,678,257 | | |
|
2024
|
| | | | 7,580,373 | | |
|
2025
|
| | | | 7,318,148 | | |
|
2026
|
| | | | 6,187,348 | | |
|
Thereafter
|
| | | | 41,141,755 | | |
| | | | | | 77,593,680 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
長期レンタル保証金
|
| | | | 67,311,223 | | | | | | 31,811,916 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
クレジット手配プロトコルの下の短期借入金
|
| | | | 188,959,323 | | | | | | — | | |
1年以内に満期になる信用手配プロトコルの下の長期借入金
|
| | | | 3,096,000 | | | | | | — | | |
| | | | | 192,055,323 | | | | | | — | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
信用手配プロトコル下の借金
|
| | | | 11,903,452 | | | | | | — | | |
| | |
RMB
|
| |||
2022
|
| | | | — | | |
2023
|
| | | | 6,192,000 | | |
2024
|
| | | | 5,711,452 | | |
Thereafter
|
| | | | — | | |
| | | | | 11,903,452 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
顧客ロイヤルティ計画に関する繰延収入
|
| | | | 8,312,436 | | | | | | 2,507,749 | | |
クーポンとギフトカードに関するお客様の前払い
|
| | | | 5,208,549 | | | | | | 241,699 | | |
前期フランチャイズ料に関する繰延収入
|
| | | | 230,968 | | | | | | 111,256 | | |
マーケティングサービスに関する繰延収入
|
| | | | 377,358 | | | | | | — | | |
| | | | | 14,129,311 | | | | | | 2,860,704 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
前期フランチャイズ料に関する繰延収入
|
| | | | 970,486 | | | | | | 534,067 | | |
| | |
Operating lease
commitments |
| |||
2022
|
| | | | 172,200,445 | | |
2023
|
| | | | 175,780,318 | | |
2024
|
| | | | 174,976,803 | | |
2025
|
| | | | 158,662,679 | | |
2026
|
| | | | 115,693,173 | | |
Thereafter
|
| | | | 255,644,148 | | |
| | | | | 1,052,957,566 | | |
| | |
Year ended
December 31, 2021 |
| |
Year ended
December 31, 2020 |
| |
Year ended
December 31, 2019 |
| |||||||||
Minimum
|
| | | | 147,056,229 | | | | | | 57,592,623 | | | | | | 19,054,000 | | |
Contingent
|
| | | | 8,465,509 | | | | | | 1,611,354 | | | | | | 313,048 | | |
新冠肺炎関連レンタル料減免
|
| | | | (192,767) | | | | | | (3,392,458) | | | | | | — | | |
| | | | | 155,328,971 | | | | | | 55,811,519 | | | | | | 19,367,048 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
給与と従業員に関するコスト
を計算する
|
| | | | 47,194,542 | | | | | | 20,837,807 | | |
財産と設備を購入する支払金
|
| | | | 172,981,034 | | | | | | 67,893,359 | | |
VAT payable
|
| | | | — | | | | | | 689,479 | | |
Guarantee deposits
|
| | | | 6,620,000 | | | | | | 2,100,000 | | |
マーケティング費用に応じて
|
| | | | 10,639,627 | | | | | | 1,550,777 | | |
Sundry taxes payable
|
| | | | 2,329,431 | | | | | | 1,293,752 | | |
専門サービス料を計算しなければならない
|
| | | | 8,205,320 | | | | | | 2,158,565 | | |
Accrued offering costs
|
| | | | 9,164,827 | | | | | | — | | |
Other accrual expenses
|
| | | | 28,943,794 | | | | | | 5,784,679 | | |
| | | | | 286,078,575 | | | | | | 102,308,418 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
公正価値で計算される変換可能チケット
|
| | | | 318,466,215 | | | | | | — | | |
| | |
Year ended
December 31, 2021 |
| |
Year ended
December 31, 2020 |
| |
Year ended
December 31, 2019 |
| |||||||||
自社店舗飲食製品販売状況
|
| | | | 617,226,090 | | | | | | 206,036,187 | | | | | | 48,081,820 | | |
Franchise fees
|
| | | | 1,923,149 | | | | | | 794,608 | | | | | | 426,424 | | |
その他フランチャイズ支援活動の収入
|
| | | | 9,469,639 | | | | | | 5,253,776 | | | | | | 8,748,859 | | |
電子商取引販売収入
|
| | | | 14,324,923 | | | | | | — | | | | | | — | | |
Thriに消費者研究サービス
を提供する
|
| | | | 428,148 | | | | | | — | | | | | | — | | |
Total revenues
|
| | | | 643,371,949 | | | | | | 212,084,571 | | | | | | 57,257,103 | | |
| | |
Year ended
December 31, 2021 |
| |
Year ended
December 31, 2020 |
| |
Year ended
December 31, 2019 |
| |||||||||
Government grants
|
| | | | 3,319,871 | | | | | | 3,329,009 | | | | | | 55,949 | | |
VAT exemption
|
| | | | — | | | | | | — | | | | | | 102,399 | | |
Others
|
| | | | 156,000 | | | | | | 9,779 | | | | | | 37,369 | | |
Total other income
|
| | | | 3,475,871 | | | | | | 3,338,788 | | | | | | 195,717 | | |
| | |
Number
of units |
| |
Weighted
average exercise price |
| |
Weighted
average grant date fair value |
| |
Weighted
average remaining contractual years |
| |
Aggregate
intrinsic value |
| |||||||||||||||
| | | | | | | | |
US$
|
| |
US$
|
| | | | | | | |
US$
|
| |||||||||
Outstanding as of January 1, 2021
|
| | | | 20,317,000 | | | | | | 0.21 | | | | | | 0.12 | | | | | | 8.41 | | | | | | 6,488,010 | | |
Granted
|
| | | | 8,149,643 | | | | | | 0.60 | | | | | | 0.63 | | | | | | | | | | | | | | |
Forfeited
|
| | | | (434,901) | | | | | | 0.27 | | | | | | 0.16 | | | | | | | | | | | | | | |
Outstanding as of December 31, 2021
|
| | | | 28,031,742 | | | | | | 0.32 | | | | | | 0.27 | | | | | | 8.01 | | | | | | 39,155,628 | | |
は2021年12月31日に
に帰属する予定である
|
| | | | 28,031,742 | | | | | | 0.32 | | | | | | 0.27 | | | | | | 8.01 | | | | | | 39,155,628 | | |
| | |
2021
|
| |
2020
|
| |
2019
|
|
Expected volatility
|
| |
24.74% – 25.00%
|
| |
24.51% – 26.99%
|
| |
20.68% – 20.89%
|
|
無リスク金利(年利)
|
| |
2.47% – 2.53%
|
| |
1.01% – 1.12%
|
| |
1.75% – 2.46%
|
|
Exercise multiple
|
| |
2.50 – 2.80
|
| |
2.50 – 2.80
|
| |
2.80
|
|
期待配当収益率
|
| |
0.00%
|
| |
0.00%
|
| |
0.00%
|
|
Expected term (in years)
|
| |
10
|
| |
6
|
| |
7
|
|
標的単位公正価値(4,500単位=1株普通株)
|
| |
US$0.88 – US$1.49
|
| |
US$0.37 – US$0.53
|
| |
US$0.27
|
|
| | |
Number of units
|
| |
Weighted
Average Grant Date Fair Value |
| ||||||
| | | | | | | | |
US$
|
| |||
Unvested as of January 1, 2021
|
| | | | 6,000,000 | | | | | | 0.28 | | |
Granted
|
| | | | — | | | | | | | | |
Unvested as of December 31, 2021
|
| | | | 6,000,000 | | | | | | 0.28 | | |
| | |
Number
of shares |
| |
Weighted
average exercise price |
| |
Weighted
average remaining contractual years |
| |
Aggregate
intrinsic value |
| ||||||||||||
| | | | | | | | |
US$
|
| | | | | | | |
US$
|
| ||||||
Outstanding as of January 1, 2020
|
| | | | 1,500 | | | | | | 1,000 | | | | | | 0.92 | | | | | | 862,534 | | |
Exercised
|
| | | | (1,500) | | | | | | 1,000 | | | | | | | | | | | | | | |
Outstanding as of December 31, 2021 and 2020
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | |
Year ended
December 31, 2021 |
| |
Year ended
December 31, 2020 |
| |
Year ended
December 31, 2019 |
| |||||||||
Mainland PRC
|
| | | | (371,992,927) | | | | | | (132,554,844) | | | | | | (82,951,557) | | |
香港特別行政区と海外実体
|
| | | | (10,936,239) | | | | | | (10,505,323) | | | | | | (4,877,087) | | |
Total
|
| | | | (382,929,166) | | | | | | (143,060,167) | | | | | | (87,828,644) | | |
| | |
Year ended
December 31, 2021 |
| |
Year ended
December 31, 2020 |
| |
Year ended
December 31, 2019 |
| |||||||||
PRC statutory tax rate
|
| | | | (25.0%) | | | | | | (25.0%) | | | | | | (25.0%) | | |
非中国実体税率差異の影響
|
| | | | 0.7% | | | | | | 1.8% | | | | | | 1.4% | | |
相殺できない費用の影響
|
| | | | 0.3% | | | | | | 0.8% | | | | | | 1.2% | | |
推定免税額変動
|
| | | | 24.0% | | | | | | 22.4% | | | | | | 22.4% | | |
Actual income tax rate
|
| | | | — | | | | | | — | | | | | | — | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
営業損失繰越
|
| | | | 133,725,956 | | | | | | 36,613,887 | | |
現在の契約負債
|
| | | | 2,230,190 | | | | | | 654,751 | | |
非流動契約負債
|
| | | | 242,622 | | | | | | 133,517 | | |
その他流動負債
|
| | | | 12,644,968 | | | | | | 19,694,841 | | |
Property and equipment
|
| | | | 250,470 | | | | | | — | | |
繰延税金総額
|
| | | | 149,094,206 | | | | | | 57,096,996 | | |
減算:推定免税額
|
| | | | (149,094,206) | | | | | | (57,096,996) | | |
Net deferred tax assets
|
| | | | — | | | | | | — | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
年明け残高
|
| | | | 57,096,996 | | | | | | 25,056,824 | | |
Increases in the year
|
| | | | 91,997,210 | | | | | | 32,040,172 | | |
年末残高
|
| | | | 149,094,206 | | | | | | 57,096,996 | | |
| | |
Year ended
December 31, 2021 |
| |
Year ended
December 31, 2020 |
| |
Year ended
December 31, 2019 |
| |||||||||
Numerator: | | | | | | | | | | | | | | | | | | | |
会社株主は純損失
を占めるべきである
|
| | | | (381,721,019) | | | | | | (141,999,507) | | | | | | (87,654,186) | | |
Denominator: | | | | | | | | | | | | | | | | | | | |
普通株式加重平均
|
| | | | 114,279 | | | | | | 100,275 | | | | | | 100,000 | | |
普通株の基本及び償却純損失(人民元)
|
| | | | (3,340) | | | | | | (1,416) | | | | | | (877) | | |
| | |
As of December 31, 2021
|
| |
Total
Fair Value |
| ||||||||||||||||||
| | |
Level 1
|
| |
Level 2
|
| |
Level 3
|
| |||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| ||||||||||||
Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Convertible notes
|
| | | | — | | | | | | — | | | | | | 318,466,215 | | | | | | 318,466,215 | | |
| | |
Total Fair Value
|
| |||
| | |
RMB
|
| |||
Balance as of January 1, 2021
|
| | | | — | | |
Additions
|
| | | | 312,092,172 | | |
変換可能手形公正価値変動,特定のツールの信用リスクの影響は含まれていない
|
| | | | 5,577,001 | | |
変換可能な手形公正価値は特定のツールの信用リスクによって変化する
|
| | | | 548,029 | | |
外貨換算調整
|
| | | | 249,013 | | |
Balance as of December 31, 2021
|
| | | | 318,466,215 | | |
| | |
2021
|
| |||
Expected volatility
|
| | | | 25.00% | | |
無リスク金利(年利)
|
| | | | 1.10% | | |
期待配当収益率
|
| | | | 0.00% | | |
Bond yield
|
| | | | 11.00% | | |
Coupon rate
|
| | | | 9.00% | | |
標的普通株式公正価値
|
| | | ドル | 6,079.83 | | |
| デカルト資本グループ有限責任会社 | | |
最終制御側
|
|
| Pangaea Two, LP | | |
中間ホールディングス
|
|
| 盤古二次買収持株XXIIA株式会社 | | |
中間ホールディングス
|
|
| 盤古二次買収持株XXIIB株式会社 | | |
Parent company
|
|
| ティム·ホートン飲食国際有限会社 | | |
会社の株主
|
|
| TDL Group Corp | | |
投資家最終持ち株会社の子会社
|
|
| | | | | |
Year ended
December 31, 2021 |
| |
Year ended
December 31, 2020 |
| |
Year ended
December 31, 2019 |
| |||||||||
Pangaea Two,LPは会社を代表して支払いを返済する
|
| |
(i)
|
| | | | — | | | | | | — | | | | | | 517,080 | | |
THRIの持続特許経営費
|
| |
(ii)
|
| | | | 15,576,324 | | | | | | 5,147,252 | | | | | | 1,209,660 | | |
THRIの前払い特許経営費
|
| |
(iii)
|
| | | | 24,265,373 | | | | | | 4,097,227 | | | | | | 1,603,020 | | |
TDLグループからコーヒー豆を購入
|
| | | | | | | 28,168,228 | | | | | | 8,864,342 | | | | | | 6,815,762 | | |
Thriに消費者研究サービス
を提供する
|
| | | | | | | 428,148 | | | | | | — | | | | | | — | | |
Thriが提供するコンサルティングサービス
|
| | | | | | | — | | | | | | 160,532 | | | | | | 443,260 | | |
| | |
December 31, 2021
|
| |
December 31, 2020
|
| ||||||
TDL Group Corp
|
| | | | 7,210,593 | | | | | | 4,053,932 | | |
ティム·ホートン飲食国際有限会社
|
| | | | 6,863,322 | | | | | | 3,624,554 | | |
関連側金額
に対応
|
| | | | 14,073,915 | | | | | | 7,678,486 | | |
| | |
As of December 31
|
| |||||||||
| | |
2021
|
| |
2020
|
| ||||||
| | |
RMB
|
| |
RMB
|
| ||||||
ASSETS | | | | | | | | | | | | | |
Current assets | | | | | | | | | | | | | |
Cash
|
| | | | 313,302,959 | | | | | | 8,264,585 | | |
前払い費用と他の流動資産
|
| | | | 18,475,035 | | | | | | 1,372,519 | | |
子会社の対応金額
|
| | | | 844,195,206 | | | | | | 568,501,401 | | |
Total current assets
|
| | | | 1,175,973,200 | | | | | | 578,138,505 | | |
Non-current assets | | | | | | | | | | | | | |
Intangible assets, net
|
| | | | 52,333,871 | | | | | | 56,821,004 | | |
Total non-current assets
|
| | | | 52,333,871 | | | | | | 56,821,004 | | |
Total assets
|
| | | | 1,228,307,071 | | | | | | 634,959,509 | | |
負債と株主権益 | | | | | | | | | | | | | |
流動負債 | | | | | | | | | | | | | |
対応子会社の金額
|
| | | | 564,973,350 | | | | | | 206,408,572 | | |
その他流動負債
|
| | | | 9,329,205 | | | | | | 263,569 | | |
流動負債総額
|
| | | | 574,302,555 | | | | | | 206,672,141 | | |
非流動負債 | | | | | | | | | | | | | |
公正価値で計算される変換可能チケット
|
| | | | 318,466,215 | | | | | | — | | |
非流動負債合計
|
| | | | 318,466,215 | | | | | | — | | |
Total liabilities
|
| | | | 892,768,770 | | | | | | 206,672,141 | | |
Shareholders’ equity | | | | | | | | | | | | | |
普通株(2021年12月31日と2020年12月31日まで、普通株式額面はそれぞれ0.01ドル、認可株式は500万株、発行済み株と発行済み株はそれぞれ116,691株と101,500株)
|
| | | | 7,497 | | | | | | 6,513 | | |
新規実収資本
|
| | | | 937,315,273 | | | | | | 644,906,635 | | |
売掛金の引受
|
| | | | — | | | | | | — | | |
Accumulated losses
|
| | | | (637,528,160) | | | | | | (255,807,141) | | |
他の総合収益
を累積
|
| | | | 35,743,691 | | | | | | 39,181,361 | | |
株主権益合計
|
| | | | 335,538,301 | | | | | | 428,287,368 | | |
総負債と株主権益
|
| | | | 1,228,307,071 | | | | | | 634,959,509 | | |
| | |
Year ended December 31
|
| |||||||||||||||
| | |
2021
|
| |
2020
|
| |
2019
|
| |||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |||||||||
一般と行政費用
|
| | | | 1,976,807 | | | | | | 6,862,862 | | | | | | 2,444,602 | | |
特許経営権と印税費用
|
| | | | 3,223,700 | | | | | | 3,447,050 | | | | | | 3,447,200 | | |
Total costs and expenses
|
| | | | 5,200,507 | | | | | | 10,309,912 | | | | | | 5,891,802 | | |
Operating loss
|
| | | | (5,200,507) | | | | | | (10,309,912) | | | | | | (5,891,802) | | |
子会社損失権益
|
| | | | (370,940,089) | | | | | | (131,640,926) | | | | | | (82,945,076) | | |
Interest income
|
| | | | — | | | | | | 804 | | | | | | 1,182,692 | | |
外貨取引損失
|
| | | | (3,422) | | | | | | (49,473) | | | | | | — | | |
変換可能チケット公正価値変動は,
は含まれていない
ツールに特化した信用リスク |
| | | | (5,577,001) | | | | | | — | | | | | | — | | |
Loss before income taxes
|
| | | | (381,721,019) | | | | | | (141,999,507) | | | | | | (87,654,186) | | |
Income tax expenses
|
| | | | — | | | | | | — | | | | | | — | | |
Net loss
|
| | | | (381,721,019) | | | | | | (141,999,507) | | | | | | (87,654,186) | | |
| | |
Year ended December 31
|
| |||||||||||||||
| | |
2021
|
| |
2020
|
| |
2019
|
| |||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |||||||||
Net loss
|
| | | | (381,721,019) | | | | | | (141,999,507) | | | | | | (87,654,186) | | |
その他総合(損失)/収入 | | | | | | | | | | | | | | | | | | | |
チケットにおける変換可能チケットの公正価値変動-
specific credit risk |
| | | | (548,029) | | | | | | — | | | | | | — | | |
所得税ゼロ控除後の外貨換算調整
|
| | | | (2,889,641) | | | | | | 2,788,426 | | | | | | 19,068,426 | | |
全面赤字
|
| | | | (385,158,689) | | | | | | (139,211,081) | | | | | | (68,585,760) | | |
| | |
Year ended December 31
|
| |||||||||||||||
| | |
2021
|
| |
2020
|
| |
2019
|
| |||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |||||||||
経営活動で使用されている純現金
|
| | | | (703,479) | | | | | | (8,690,319) | | | | | | (2,605,934) | | |
投資活動で使用する純現金
|
| | | | (294,708,897) | | | | | | (322,209,625) | | | | | | (242,266,500) | | |
融資活動が提供する現金純額
|
| | | | 597,662,648 | | | | | | 221,124,998 | | | | | | 206,802,000 | | |
外貨為替レート変動が現金に与える影響
|
| | | | 2,788,102 | | | | | | (10,113,157) | | | | | | 3,209,758 | | |
現金純増/(マイナス)
|
| | | | 305,038,374 | | | | | | (119,888,103) | | | | | | (34,860,676) | | |
Cash at beginning of year
|
| | | | 8,264,585 | | | | | | 128,152,688 | | | | | | 163,013,364 | | |
Cash at end of year
|
| | | | 313,302,959 | | | | | | 8,264,585 | | | | | | 128,152,688 | | |
非現金投融資活動を補足開示:
|
| | | | | | | | | | | | | | | | | | |
TH国際有限会社子会社が支払うべき発行コスト
|
| | | | 3,623,684 | | | | | | — | | | | | | — | | |
| | |
Note
|
| |
As of June 30,
2022 |
| |
As of December 31,
2021 |
| |||||||||
| | | | | | | | |
RMB
|
| |
RMB
|
| ||||||
ASSETS | | | | | | | | | | | | | | | | | | | |
Current assets | | | | | | | | | | | | | | | | | | | |
Cash
|
| | | | | | | | | | 285,134,069 | | | | | | 390,837,386 | | |
Accounts receivable
|
| | | | 2 | | | | | | 7,792,999 | | | | | | 9,817,292 | | |
Inventories
|
| | | | 3 | | | | | | 55,172,549 | | | | | | 42,479,403 | | |
前払い費用と他の流動資産
|
| | | | 4 | | | | | | 155,296,724 | | | | | | 142,838,295 | | |
Total current assets
|
| | | | | | | | | | 503,396,341 | | | | | | 585,972,376 | | |
Non-current assets | | | | | | | | | | | | | | | | | | | |
財産と設備、純額
|
| | | | 5 | | | | | | 583,340,518 | | | | | | 554,015,231 | | |
Intangible assets, net
|
| | | | 6 | | | | | | 80,883,046 | | | | | | 77,593,680 | | |
Other non-current assets
|
| | | | 7 | | | | | | 69,778,697 | | | | | | 67,311,223 | | |
Total non-current assets
|
| | | | | | | | | | 734,002,261 | | | | | | 698,920,134 | | |
Total assets
|
| | | | | | | | | | 1,237,398,602 | | | | | | 1,284,892,510 | | |
負債と株主権益 | | | | | | | | | | | | | | | | | | | |
流動負債 | | | | | | | | | | | | | | | | | | | |
短期銀行借金
|
| | | | 8 | | | | | | 426,578,071 | | | | | | 192,055,323 | | |
Accounts payable
|
| | | | | | | | | | 52,410,514 | | | | | | 60,952,491 | | |
Contract liabilities
|
| | | | 9 | | | | | | 17,950,836 | | | | | | 14,129,311 | | |
関連側金額
に対応
|
| | | | 18 | | | | | | 25,611,930 | | | | | | 14,073,915 | | |
その他流動負債
|
| | | | 12 | | | | | | 281,069,056 | | | | | | 286,078,575 | | |
流動負債総額
|
| | | | | | | | | | 803,620,407 | | | | | | 567,289,615 | | |
非流動負債 | | | | | | | | | | | | | | | | | | | |
長期銀行借金
|
| | | | 8 | | | | | | 9,743,452 | | | | | | 11,903,452 | | |
公正価値で計算される変換可能チケット
|
| | | | 13 | | | | | | 355,704,200 | | | | | | 318,466,215 | | |
契約負債-非流動
|
| | | | 9 | | | | | | 1,247,450 | | | | | | 970,486 | | |
その他非流動負債
|
| | | | | | | | | | 53,918,757 | | | | | | 46,858,492 | | |
Other liabilities
|
| | | | | | | | | | 285,429 | | | | | | 309,214 | | |
非流動負債合計
|
| | | | | | | | | | 420,899,288 | | | | | | 378,507,859 | | |
Total liabilities
|
| | | | | | | | | | 1,224,519,695 | | | | | | 945,797,474 | | |
Shareholders’ equity | | | | | | | | | | | | | | | | | | | |
Ordinary shares (US$0.01 par value, 5,000,000 shares authorized, 116,855
2022年6月30日現在発行·流通している株と116,691株 December 31, 2021, respectively) |
| | | | | | | | | | 7,508 | | | | | | 7,497 | | |
新規実収資本
|
| | | | | | | | | | 947,279,747 | | | | | | 937,315,273 | | |
Accumulated losses
|
| | | | | | | | | | (961,925,166) | | | | | | (637,528,160) | | |
他の総合収益
を累積
|
| | | | | | | | | | 26,440,358 | | | | | | 35,743,691 | | |
会社の株主は権益総額
を占めるべきである
|
| | | | | | | | | | 11,802,447 | | | | | | 335,538,301 | | |
非持株権益
|
| | | | | | | | | | 1,076,460 | | | | | | 3,556,735 | | |
株主権益合計
|
| | | | | | | | | | 12,878,907 | | | | | | 339,095,036 | | |
支払いの引き受けと、または事項
|
| | | | 10 | | | | | | | | | | | | | | |
総負債と株主権益
|
| | | | | | | | | | 1,237,398,602 | | | | | | 1,284,892,510 | | |
| | | | | | | | |
Three months ended June 30,
|
| |
Six months ended June 30,
|
| ||||||||||||||||||
| | |
Note
|
| |
2022
|
| |
2021
|
| |
2022
|
| |
2021
|
| |||||||||||||||
| | | | | | | | |
RMB
|
| |
RMB
|
| | | | | | | | | | | | | ||||||
Revenues
|
| | | | 14 | | | | | | | | | | | | | | | | | | | | | | | | | | |
会社が所有して運営している
stores |
| | | | | | | | | | 164,533,517 | | | | | | 130,521,641 | | | | | | 375,578,999 | | | | | | 229,869,554 | | |
Other revenues
|
| | | | | | | | | | 14,673,375 | | | | | | 5,295,058 | | | | | | 28,284,857 | | | | | | 7,396,527 | | |
Total revenues
|
| | | | | | | | | | 179,206,892 | | | | | | 135,816,699 | | | | | | 403,863,856 | | | | | | 237,266,081 | | |
Costs and expenses, net | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
会社は店舗を所有·経営している | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
食品と包装(コスト
を含む
会社は からの店を所有して運営している 関連側取引金額は人民元 4,653,176 and RMB4,427,951 for the three months ended June 30, 2022 and 2021, respectively, and RMB10,534,168 and RMB7,360,272 for the six months ended June 30, 2022 and 2021, respectively) |
| | | | | | | | | | 58,894,729 | | | | | | 44,135,662 | | | | | | 128,465,658 | | | | | | 76,575,145 | | |
Rental expenses
|
| | | | | | | | | | 48,736,898 | | | | | | 31,265,543 | | | | | | 98,014,162 | | | | | | 58,410,380 | | |
給料と従業員福祉
|
| | | | | | | | | | 64,367,012 | | | | | | 36,185,496 | | | | | | 136,165,843 | | | | | | 67,897,118 | | |
Delivery costs
|
| | | | | | | | | | 13,274,671 | | | | | | 7,821,379 | | | | | | 28,108,849 | | | | | | 13,454,920 | | |
その他の運営費用(サービス料込み)
関連先との取引 から RMB1,801,623 and nil for the three months ended June 30, 2022 and 2021, respectively, and RMB1,901,623 and nil for the six months ended June 30, 2022 and 2021, respectively) |
| | | | | | | | | | 54,320,905 | | | | | | 35,582,291 | | | | | | 118,994,258 | | | | | | 57,088,911 | | |
会社は店舗コストと費用を持っています
|
| | | | | | | | | | 239,594,215 | | | | | | 154,990,371 | | | | | | 509,748,770 | | | | | | 273,426,474 | | |
Costs of other revenues
|
| | | | | | | | | | 8,212,604 | | | | | | 2,878,041 | | | | | | 16,994,459 | | | | | | 4,641,475 | | |
Marketing expenses
|
| | | | | | | | | | 19,163,087 | | | | | | 7,057,070 | | | | | | 31,864,468 | | | | | | 15,213,101 | | |
一般と行政費用
|
| | | | | | | | | | 63,011,835 | | | | | | 38,338,036 | | | | | | 113,517,875 | | | | | | 67,040,378 | | |
特許経営権と特許権使用料(2022年と2021年6月30日までの3ヶ月間の特許経営権と特許権使用料を含む)はそれぞれ人民元5,617,286元と人民元3,407,914元であり、2022年と2021年6月30日までの6ヶ月の特許経営権と特許権使用料はそれぞれ人民元12,653,983元と人民元5991,039元である
|
| | | | | | | | | | 6,450,199 | | | | | | 4,932,896 | | | | | | 14,280,433 | | | | | | 8,329,084 | | |
その他の運営コストと費用
|
| | | | | | | | | | 2,055,179 | | | | | | 65,915 | | | | | | 4,567,830 | | | | | | 65,915 | | |
財産処分損失と
equipment |
| | | | | | | | | | 1,956,631 | | | | | | 741,140 | | | | | | 7,359,776 | | | | | | 741,140 | | |
長寿資産減価損失
|
| | | | | | | | | | 3,580,123 | | | | | | — | | | | | | 5,472,545 | | | | | | — | | |
Other income
|
| | | | | | | | | | 381,947 | | | | | | 24,135 | | | | | | 595,524 | | | | | | 37,918 | | |
総コストと費用、純額
|
| | | | | | | | | | 343,641,926 | | | | | | 208,979,334 | | | | | | 703,210,632 | | | | | | 369,419,649 | | |
Operating loss
|
| | | | | | | | | | (164,435,034) | | | | | | (73,162,635) | | | | | | (299,346,776) | | | | | | (132,153,568) | | |
| | | | | | | | |
Three months ended June 30,
|
| |
Six months ended June 30,
|
| ||||||||||||||||||
| | |
Note
|
| |
2022
|
| |
2021
|
| |
2022
|
| |
2021
|
| |||||||||||||||
| | | | | | | | |
RMB
|
| |
RMB
|
| | | | | | | | | | | | | ||||||
Interest income
|
| | | | | | | | | | 147,879 | | | | | | 180,936 | | | | | | 334,343 | | | | | | 265,514 | | |
Interest expenses
|
| | | | | | | | | | (3,397,885) | | | | | | — | | | | | | (6,017,747) | | | | | | — | | |
外貨取引
gain/(loss) |
| | | | | | | | | | 464,702 | | | | | | (3,464,513) | | | | | | (768,309) | | | | | | (940,802) | | |
変換可能手形公正価値変動,特定のツールの信用リスクの影響は含まれていない
|
| | | | 20 | | | | | | (8,394,889) | | | | | | — | | | | | | (21,078,792) | | | | | | — | | |
Loss before income taxes
|
| | | | | | | | | | (175,615,227) | | | | | | (76,446,212) | | | | | | (326,877,281) | | | | | | (132,828,856) | | |
Income tax expenses
|
| | | | 16 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net loss
|
| | | | | | | | | | (175,615,227) | | | | | | (76,446,212) | | | | | | (326,877,281) | | | | | | (132,828,856) | | |
減算:純(損失)/非持株権益収入
|
| | | | | | | | | | (1,834,547) | | | | | | 555,097 | | | | | | (2,480,275) | | | | | | (446,675) | | |
株主は純損失
を占めるべきだ
the Company |
| | | | | | | | | | (173,780,680) | | | | | | (77,001,309) | | | | | | (324,397,006) | | | | | | (132,382,181) | | |
1株当たりの普通株の基本と赤字
|
| | | | 17 | | | | | | (1,489) | | | | | | (688) | | | | | | (2,780) | | | | | | (1,183) | | |
| | | | | |
Three months ended June 30,
|
| |
Six months ended June 30,
|
| ||||||||||||||||||
| | |
Note
|
| |
2022
|
| |
2021
|
| |
2022
|
| |
2021
|
| ||||||||||||
| | | | | |
RMB
|
| |
RMB
|
| | | | | | | | | | | | | ||||||
Net loss
|
| | | | | | | (175,615,227) | | | | | | (76,446,212) | | | | | | (326,877,281) | | | | | | (132,828,856) | | |
その他総合収益 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
変換可能チケットの公正価値変動
ツールに特化した信用リスクのため, net of nil income taxes |
| | | | | | | 1,566,214 | | | | | | — | | | | | | 1,236,102 | | | | | | — | | |
外貨換算調整、ゼロ収入を差し引く
taxes |
| | | | | | | (11,024,589) | | | | | | (2,719,401) | | | | | | (10,539,435) | | | | | | (1,085,003) | | |
全面赤字
|
| | | | | | | (185,073,602) | | | | | | (79,165,613) | | | | | | (336,180,614) | | | | | | (133,913,859) | | |
減算:総合(損失)/非持株権益による収入
|
| | | | | | | (1,834,547) | | | | | | 555,097 | | | | | | (2,480,275) | | | | | | (446,675) | | |
会社株主は総合損失
を占めるべきである
|
| | | | | | | (183,239,055) | | | | | | (79,720,710) | | | | | | (333,700,339) | | | | | | (133,467,184) | | |
| | |
Six months ended June 30,
|
| |||||||||
| | |
2022
|
| |
2021
|
| ||||||
| | |
RMB
|
| |
RMB
|
| ||||||
経営活動キャッシュフロー: | | | | | | | | | | | | | |
経営活動で使用されている純現金
|
| | | | (154,942,269) | | | | | | (114,727,468) | | |
投資活動のキャッシュフロー: | | | | | | | | | | | | | |
購入物件設備と無形資産
|
| | | | (180,354,474) | | | | | | (121,277,187) | | |
処分財産と設備の収益
|
| | | | — | | | | | | 41,000 | | |
投資活動で使用する純現金
|
| | | | (180,354,474) | | | | | | (121,236,187) | | |
融資活動のキャッシュフロー: | | | | | | | | | | | | | |
銀行借入収益
|
| | | | 403,890,265 | | | | | | — | | |
銀行の借金の返済
|
| | | | (171,527,517) | | | | | | — | | |
製品料金を支払う
|
| | | | (5,756,845) | | | | | | (3,923,040) | | |
普通株式発行による収益
|
| | | | — | | | | | | 291,393,000 | | |
融資活動が提供する現金純額
|
| | | | 226,605,903 | | | | | | 287,469,960 | | |
外貨為替レート変動が現金に与える影響
|
| | | | 2,987,523 | | | | | | (1,377,805) | | |
純(減少)/現金増加
|
| | | | (105,703,317) | | | | | | 50,128,500 | | |
期初現金
|
| | | | 390,837,386 | | | | | | 174,873,739 | | |
Cash at end of the period
|
| | | | 285,134,069 | | | | | | 225,002,239 | | |
非現金投融資活動を補足開示: | | | | | | | | | | | | | |
財産と設備を購入する支払金
|
| | | | 94,408,551 | | | | | | 66,434,687 | | |
Accrued offering costs
|
| | | | 34,715,220 | | | | | | — | | |
普通株式を発行して配当金を清算する
|
| | | | 1,057,374 | | | | | | — | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
Cash on hand
|
| | | | 96,371 | | | | | | 132,127 | | |
中国大陸部の金融機関 | | | | | | | | | | | | | |
– Denominated in RMB
|
| | | | 207,761,778 | | | | | | 30,060,065 | | |
– Denominated in USD
|
| | | | 932,015 | | | | | | 45,514,330 | | |
中国大陸金融機関が持っている現金残高合計
|
| | | | 208,693,793 | | | | | | 75,574,395 | | |
香港特別行政区の金融機関
Region (“HK S.A.R.”) |
| | | | | | | | | | | | |
– Denominated in RMB
|
| | | | 31,906,333 | | | | |
|
—
|
| |
– Denominated in USD
|
| | | | 41,498,839 | | | | | | 1,827,905 | | |
香港特別行政区金融機関が持っている現金残高合計
|
| | | | 73,405,172 | | | | | | 1,827,905 | | |
ケイマン諸島の金融機関 | | | | | | | | | | | | | |
– Denominated in USD
|
| | | | 2,938,733 | | | | | | 313,302,959 | | |
ケイマン金融機関が持っている現金残高合計
|
| | | | 2,938,733 | | | | | | 313,302,959 | | |
金融機関の現金残高合計
|
| | | | 285,037,698 | | | | | | 390,705,259 | | |
Total cash balances
|
| | | | 285,134,069 | | | | | | 390,837,386 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
Accounts receivable
|
| | | | 7,792,999 | | | | | | 9,817,292 | | |
減算:不良債権準備
|
| | | | — | | | | | | — | | |
Accounts receivable, net
|
| | | | 7,792,999 | | | | | | 9,817,292 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
Food and beverage
|
| | | | 43,754,548 | | | | | | 31,858,814 | | |
電子商取引販売商品
|
| | | | 7,344,391 | | | | | | 6,927,512 | | |
Others
|
| | | | 4,073,610 | | | | | | 3,693,077 | | |
| | | | | 55,172,549 | | | | | | 42,479,403 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
Creditable input VAT
|
| | | | 50,230,428 | | | | | | 50,212,274 | | |
Short-term deposits
|
| | | | 4,970,313 | | | | | | 4,161,725 | | |
支払い処理業者と送金業者の売掛金
|
| | | | 9,133,991 | | | | | | 17,701,386 | | |
前払いレンタル料
|
| | | | 19,722,846 | | | | | | 26,855,976 | | |
前払い保険料
|
| | | | — | | | | | | 859,319 | | |
マーケティング費用を前払い
|
| | | | 12,448,492 | | | | | | 14,666,752 | | |
発売延期コスト
|
| | | | 50,026,066 | | | | | | 18,475,035 | | |
Others
|
| | | | 8,764,588 | | | | | | 9,905,828 | | |
| | | | | 155,296,724 | | | | | | 142,838,295 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
家具と事務設備
|
| | | | 49,104,093 | | | | | | 44,636,186 | | |
Kitchen equipment
|
| | | | 162,663,906 | | | | | | 151,405,306 | | |
Software
|
| | | | 35,909,835 | | | | | | 30,171,796 | | |
レンタル改善
|
| | | | 463,766,989 | | | | | | 408,353,529 | | |
工事中
|
| | | | 24,601,908 | | | | | | 15,747,154 | | |
財産と設備、総
|
| | | | 736,046,731 | | | | | | 650,313,971 | | |
減算:減価償却累計
|
| | | | (152,706,213) | | | | | | (96,298,740) | | |
財産と設備、純額
|
| | | | 583,340,518 | | | | | | 554,015,231 | | |
| | |
Weighted-
Average Amortization Period (years) |
| |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
Thriライセンスの特許経営権-
|
| |
20
|
| | | | 67,114,000 | | | | | | 63,757,000 | | |
フランチャイズ権-前払いフランチャイズ料
|
| |
2 – 14
|
| | | | 32,709,502 | | | | | | 28,156,287 | | |
減算:累計償却
|
| | | | | | | (18,940,456) | | | | | | (14,319,607) | | |
Intangible assets, net
|
| | | | | | | 80,883,046 | | | | | | 77,593,680 | | |
|
Six months ending December 31,2022
|
| | | | 5,949,065 | | |
|
Year ending December 31, 2023
|
| | | | 8,521,450 | | |
|
2024
|
| | | | 8,419,550 | | |
|
2025
|
| | | | 8,154,799 | | |
|
2026
|
| | | | 7,030,513 | | |
|
Thereafter
|
| | | | 42,807,669 | | |
| | | | | | 80,883,046 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
長期レンタル保証金
|
| | | | 69,778,697 | | | | | | 67,311,223 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
クレジット手配プロトコルの下の短期借入金
|
| | | | 421,700,071 | | | | | | 188,959,323 | | |
1年以内に満期になる信用手配プロトコルの下の長期借入金
|
| | | | 4,878,000 | | | | | | 3,096,000 | | |
| | | | | 426,578,071 | | | | | | 192,055,323 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
信用手配プロトコル下の借金
|
| | | | 9,743,452 | | | | | | 11,903,452 | | |
| | |
RMB
|
| |||
Six months ending December 31,2022
|
| | | | — | | |
Year ending December 31, 2023
|
| | | | 3,330,000 | | |
2024
|
| | | | 6,179,452 | | |
Thereafter
|
| | | | 234,000 | | |
| | | | | 9,743,452 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
顧客ロイヤルティ計画に関する繰延収入
|
| | | | 9,667,359 | | | | | | 8,312,436 | | |
クーポンとギフトカードに関するお客様の前払い
|
| | | | 7,976,891 | | | | | | 5,208,549 | | |
前期フランチャイズ料に関する繰延収入
|
| | | | 306,586 | | | | | | 230,968 | | |
マーケティングサービスに関する繰延収入
|
| | | | — | | | | | | 377,358 | | |
| | | | | 17,950,836 | | | | | | 14,129,311 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
前期フランチャイズ料に関する繰延収入
|
| | | | 1,247,450 | | | | | | 970,486 | | |
| | |
Operating lease
commitments |
| |||
Six months ending December 31, 2022
|
| | | | 94,994,653 | | |
Year ending December 31, 2023
|
| | | | 191,028,993 | | |
2024
|
| | | | 192,407,833 | | |
2025
|
| | | | 175,930,862 | | |
2026
|
| | | | 134,116,629 | | |
Thereafter
|
| | | | 310,807,678 | | |
| | | | | 1,099,286,648 | | |
| | |
Three months ended June 30,
|
| |
Six months ended June 30,
|
| ||||||||||||||||||
| | |
2022
|
| |
2021
|
| |
2022
|
| |
2021
|
| ||||||||||||
Minimum
|
| | | | 49,348,521 | | | | | | 30,932,184 | | | | | | 99,878,310 | | | | | | 58,429,238 | | |
Contingent
|
| | | | 2,460,075 | | | | | | 1,604,110 | | | | | | 5,987,800 | | | | | | 2,713,909 | | |
新冠肺炎関連レンタル料減免
|
| | | | (2,215,414) | | | | | | — | | | | | | (2,215,414) | | | | | | — | | |
| | | | | 49,593,182 | | | | | | 32,536,294 | | | | | | 103,650,696 | | | | | | 61,143,147 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
給与と従業員に関するコスト
を計算する
|
| | | | 53,712,816 | | | | | | 47,194,542 | | |
財産と設備を購入する支払金
|
| | | | 94,408,551 | | | | | | 172,981,034 | | |
Guarantee deposits
|
| | | | 7,540,181 | | | | | | 6,620,000 | | |
マーケティング費用に応じて
|
| | | | 10,539,000 | | | | | | 10,639,627 | | |
Sundry taxes payable
|
| | | | 3,069,120 | | | | | | 2,329,431 | | |
専門サービス料を計算しなければならない
|
| | | | 5,855,761 | | | | | | 8,205,320 | | |
Accrued offering costs
|
| | | | 34,715,220 | | | | | | 9,164,827 | | |
はレンタル料を計算します
|
| | | | 23,361,805 | | | | | | 3,210,387 | | |
Other accrual expenses
|
| | | | 47,866,602 | | | | | | 25,733,407 | | |
| | | | | 281,069,056 | | | | | | 286,078,575 | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
公正価値で計算される変換可能チケット
|
| | | | 355,704,200 | | | | | | 318,466,215 | | |
| | |
Three months ended June 30,
|
| |
Six months ended June 30,
|
| ||||||||||||||||||
| | |
2022
|
| |
2021
|
| |
2022
|
| |
2021
|
| ||||||||||||
自社店舗飲食製品販売状況
|
| | | | 164,533,517 | | | | | | 130,521,641 | | | | | | 375,578,999 | | | | | | 229,869,554 | | |
Franchise fees
|
| | | | 1,186,258 | | | | | | 597,309 | | | | | | 2,140,668 | | | | | | 917,767 | | |
他のフランチャイズ支援からの収入
activities |
| | | | 3,015,430 | | | | | | 2,833,721 | | | | | | 6,158,984 | | | | | | 4,530,928 | | |
電子商取引販売収入
|
| | | | 10,471,687 | | | | | | 1,864,028 | | | | | | 19,985,205 | | | | | | 1,947,832 | | |
Total revenues
|
| | | | 179,206,892 | | | | | | 135,816,699 | | | | | | 403,863,856 | | | | | | 237,266,081 | | |
| | |
Number of
units |
| |
Weighted
average exercise price |
| |
Weighted
average grant date fair value |
| |
Weighted
average remaining contractual years |
| |
Aggregate
intrinsic value |
| |||||||||||||||
| | | | | | | | |
US$
|
| |
US$
|
| | | | | | | |
US$
|
| |||||||||
Outstanding as of January 1, 2022
|
| | | | 28,031,742 | | | | | | 0.32 | | | | | | 0.27 | | | | | | 8.01 | | | | | | 39,155,628 | | |
Granted
|
| | | | 2,104,256 | | | | | | 1.09 | | | | | | | | | | | | | | | | | | | | |
Forfeited
|
| | | | (331,973) | | | | | | 0.60 | | | | | | | | | | | | | | | | | | | | |
Outstanding as of June 30, 2022
|
| | | | 29,804,025 | | | | | | 0.37 | | | | | | 0.31 | | | | | | 7.26 | | | | | | 44,278,063 | | |
Expected to be vested as of June 30, 2022
|
| | | | 29,804,025 | | | | | | 0.37 | | | | | | 0.31 | | | | | | 7.26 | | | | | | 44,278,063 | | |
| | |
Six months ended
June 30, 2022 |
|
Expected volatility
|
| |
25.00%
|
|
無リスク金利(年利)
|
| |
2.50% – 2.80%
|
|
Exercise multiple
|
| |
2.50 – 2.80
|
|
期待配当収益率
|
| |
0.00%
|
|
Expected term (in years)
|
| |
10
|
|
標的単位公正価値(4,500単位=1株普通株)
|
| |
US$1.86
|
|
| | |
Three months ended June 30,
|
| |
Six months ended June 30,
|
| ||||||||||||||||||
| | |
2022
|
| |
2021
|
| |
2022
|
| |
2021
|
| ||||||||||||
Numerator: | | | | | | | | | | | | | | | | | | | | | | | | | |
会社株主は純損失
を占めるべきである
|
| | | | (173,780,680) | | | | | | (77,001,309) | | | | | | (324,397,006) | | | | | | (132,382,181) | | |
Denominator: | | | | | | | | | | | | | | | | | | | | | | | | | |
普通株式加重平均
|
| | | | 116,703 | | | | | | 111,868 | | | | | | 116,697 | | | | | | 111,868 | | |
普通株の基本及び償却純損失(人民元)
|
| | | | (1,489) | | | | | | (688) | | | | | | (2,780) | | | | | | (1,183) | | |
| デカルト資本グループ有限責任会社 | | |
最終制御側
|
|
| Pangaea Two, LP | | |
中間ホールディングス
|
|
| 盤古二次買収持株XXIIA株式会社 | | |
中間ホールディングス
|
|
| 盤古二次買収持株XXIIB株式会社 | | |
Parent company
|
|
| ティム·ホートン飲食国際有限会社 | | |
会社の株主
|
|
| TDL Group Corp | | |
投資家最終持ち株会社の子会社
|
|
| 盤古データ科学技術(上海)有限会社 | | |
投資家最終持ち株会社の子会社
|
|
| | |
Three months ended June 30,
|
| |
Six months ended June 30,
|
| ||||||||||||||||||
| | |
2022
|
| |
2021
|
| |
2022
|
| |
2021
|
| ||||||||||||
ティム·ホートン飲食国際有限公司は引き続きフランチャイズ費(I)
|
| | | | 5,617,286 | | | | | | 3,407,914 | | | | | | 12,653,983 | | | | | | 5,991,039 | | |
ティム·ホートン飲食国際有限公司の前払い特許経営費(II)
|
| | | | 1,880,059 | | | | | | 5,788,067 | | | | | | 4,553,215 | | | | | | 7,835,031 | | |
TDLグループからコーヒー豆を購入
|
| | | | 2,303,403 | | | | | | 9,985,278 | | | | | | 18,015,982 | | | | | | 13,192,935 | | |
盤古データ技術会社が提供するサービス
(Shanghai) Co., Ltd |
| | | | 3,282,378 | | | | | | — | | | | | | 3,382,378 | | | | | | — | | |
| | |
June 30, 2022
|
| |
December 31, 2021
|
| ||||||
TDL Group Corp
|
| | | | 12,631,248 | | | | | | 7,210,593 | | |
ティム·ホートン飲食国際有限会社
|
| | | | 11,249,927 | | | | | | 6,863,322 | | |
盤古データ科学技術(上海)有限会社
|
| | | | 1,730,755 | | | | | | — | | |
関連側金額
に対応
|
| | | | 25,611,930 | | | | | | 14,073,915 | | |
| | |
Ordinary shares
|
| |
Additional
paid-in capital |
| |
Subscription
receivables |
| |
Accumulated
losses |
| |
Accumulated
other comprehensive income |
| |
Total equity
attributable to shareholders of the Company |
| |
Non-
controlling interests |
| |
Total
shareholders’ equity |
| ||||||||||||||||||||||||||||||
| | |
Number of
shares |
| |
Amount
|
| ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| ||||||||||||||||||||||||
Balance at March 31, 2021
|
| | | | 116,513 | | | | | | 7,485 | | | | | | 936,298,663 | | | | | | — | | | | | | (311,188,013) | | | | | | 40,815,759 | | | | | | 665,933,894 | | | | | | 3,763,110 | | | | | | 669,697,004 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (77,001,309) | | | | | | — | | | | | | (77,001,309) | | | | | | 555,097 | | | | | | (76,446,212) | | |
Other comprehensive
income |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (2,719,401) | | | | | | (2,719,401) | | | | | | — | | | | | | (2,719,401) | | |
Balance at June 30,
2021 |
| | | | 116,513 | | | | | | 7,485 | | | | | | 936,298,663 | | | | | | — | | | | | | (388,189,322) | | | | | | 38,096,358 | | | | | | 586,213,184 | | | | | | 4,318,207 | | | | | | 590,531,391 | | |
Balance at March 31, 2022
|
| | | | 116,691 | | | | | | 7,497 | | | | | | 937,315,273 | | | | | | — | | | | | | (788,144,486) | | | | | | 35,898,733 | | | | | | 185,077,017 | | | | | | 2,911,007 | | | | | | 187,988,024 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (173,780,680) | | | | | | — | | | | | | (173,780,680) | | | | | | (1,834,547) | | | | | | (175,615,227) | | |
変換可能チケット特定ツールの信用リスクによる公正価値変動
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,566,214 | | | | | | 1,566,214 | | | | | | — | | | | | | 1,566,214 | | |
Other comprehensive
income |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (11,024,589) | | | | | | (11,024,589) | | | | | | — | | | | | | (11,024,589) | | |
Issuance of shares(i)
|
| | | | 164 | | | | | | 11 | | | | | | 9,964,474 | | | | | | — | | | | | | — | | | | | | — | | | | | | 9,964,485 | | | | | | — | | | | | | 9,964,485 | | |
Balance at June 30,
2022 |
| | | | 116,855 | | | | | | 7,508 | | | | | | 947,279,747 | | | | | | — | | | | | | (961,925,166) | | | | | | 26,440,358 | | | | | | 11,802,447 | | | | | | 1,076,460 | | | | | | 12,878,907 | | |
| | |
Ordinary shares
|
| |
Additional
paid-in capital |
| |
Subscription
receivables |
| |
Accumulated
losses |
| |
Accumulated
other comprehensive income |
| |
Total equity
attributable to shareholders of the Company |
| |
Non-
controlling interests |
| |
Total
shareholders’ equity |
| ||||||||||||||||||||||||||||||
| | |
Number of
shares |
| |
Amount
|
| ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| ||||||||||||||||||||||||
Balance at January 1, 2021
|
| | | | 101,500 | | | | | | 6,513 | | | | | | 644,906,635 | | | | | | — | | | | | | (255,807,141) | | | | | | 39,181,361 | | | | | | 428,287,368 | | | | | | 4,764,882 | | | | | | 433,052,250 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (132,382,181) | | | | | | — | | | | | | (132,382,181) | | | | | | (446,675) | | | | | | (132,828,856) | | |
Other comprehensive
income |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (1,085,003) | | | | | | (1,085,003) | | | | | | — | | | | | | (1,085,003) | | |
引受は受取決済(2)
|
| | | | 15,013 | | | | | | 972 | | | | | | 291,392,028 | | | | | | — | | | | | | — | | | | | | — | | | | | | 291,393,000 | | | | | | — | | | | | | 291,393,000 | | |
Balance at June 30,
2021 |
| | | | 116,513 | | | | | | 7,485 | | | | | | 936,298,663 | | | | | | — | | | | | | (388,189,322) | | | | | | 38,096,358 | | | | | | 586,213,184 | | | | | | 4,318,207 | | | | | | 590,531,391 | | |
Balance at January 1, 2022
|
| | | | 116,691 | | | | | | 7,497 | | | | | | 937,315,273 | | | | | | — | | | | | | (637,528,160) | | | | | | 35,743,691 | | | | | | 335,538,301 | | | | | | 3,556,735 | | | | | | 339,095,036 | | |
Net loss
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (324,397,006) | | | | | | — | | | | | | (324,397,006) | | | | | | (2,480,275) | | | | | | (326,877,281) | | |
変換可能チケット特定ツールの信用リスクによる公正価値変動
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,236,102 | | | | | | 1,236,102 | | | | | | — | | | | | | 1,236,102 | | |
Other comprehensive
income |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (10,539,435) | | | | | | (10,539,435) | | | | | | — | | | | | | (10,539,435) | | |
Issuance of shares(i)
|
| | | | 164 | | | | | | 11 | | | | | | 9,964,474 | | | | | | — | | | | | | — | | | | | | — | | | | | | 9,964,485 | | | | | | — | | | | | | 9,964,485 | | |
Balance at June 30, 2022
|
| | | | 116,855 | | | | | | 7,508 | | | | | | 947,279,747 | | | | | | — | | | | | | (961,925,166) | | | | | | 26,440,358 | | | | | | 11,802,447 | | | | | | 1,076,460 | | | | | | 12,878,907 | | |
| | |
As of June 30, 2022
|
| |
Total Fair
Value |
| ||||||||||||||||||
| | |
Level 1
|
| |
Level 2
|
| |
Level 3
|
| |||||||||||||||
| | |
RMB
|
| |
RMB
|
| |
RMB
|
| |
RMB
|
| ||||||||||||
Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Convertible notes
|
| | | | — | | | | | | — | | | | | | 355,704,200 | | | | | | 355,704,200 | | |
| | |
Total Fair
Value |
| |||
| | |
RMB
|
| |||
Balance as of January 1, 2022
|
| | | | 318,466,215 | | |
Additions
|
| | | | — | | |
変換可能チケット公正価値変動は,特定のツールの影響は含まれていない
credit risk |
| | | | 21,078,792 | | |
変換可能な手形公正価値は特定のツールの信用リスクによって変化する
|
| | | | (1,236,102) | | |
外貨換算調整
|
| | | | 17,395,295 | | |
Balance as of June 30, 2022
|
| | | | 355,704,200 | | |
| | |
June 30, 2022
|
| |||
Expected volatility
|
| | | | 25.00% | | |
無リスク金利(年利)
|
| | | | 3.05% | | |
期待配当収益率
|
| | | | 0.00% | | |
Bond yield
|
| | | | 12.40% | | |
Coupon rate
|
| | | | 9.00% | | |
標的普通株式公正価値
|
| | | ドル | 9,053.1 | | |
Securities/Purchaser
|
| |
Date of Issuance
|
| |
Number of
Securities |
| |
Consideration
|
|
Ordinary Shares | | | | | | | | | | |
明日利華控股有限公司 | | |
October 26, 2020
|
| |
1,000
|
| |
$1,000,000
|
|
ウィンターフェル卿有限公司 | | |
October 26, 2020
|
| |
500
|
| |
$500,000
|
|
Pangaea Two Acquisition Holdings XXIIB Limited | | |
February 26, 2021
|
| |
15,013
|
| |
$45,000,000
|
|
明日利華控股有限公司
|
| |
August 12, 2021
|
| |
178
|
| |
Nil
|
|
|
June 24, 2022
|
| |
164
|
| |
Nil
|
| ||
THC Hope IB Limited | | |
September 27, 2022
|
| |
7,745
|
| |
Nil
|
|
銀冠管理有限責任会社 | | |
September 28, 2022
|
| |
4,312,500
|
| |
Nil
|
|
少林資本パートナーマスター基金有限会社 | | |
September 28, 2022
|
| |
2,108,200
|
| |
US$21,082,000
|
|
TH中国パートナー有限会社 | | |
September 28, 2022
|
| |
1,200,000
|
| |
US$10,000,000
|
|
ティム·ホートン飲食国際有限会社 | | |
September 28, 2022
|
| |
1,200,000
|
| |
US$10,000,000
|
|
テンセント持ち株移動有限公司 | | |
September 28, 2022
|
| |
1,200,000
|
| |
US$10,000,000
|
|
Securities/Purchaser
|
| |
Date of Issuance
|
| |
Number of
Securities |
| |
Consideration
|
|
MAP 214隔離ポートフォリオ,LMA SPCの隔離ポートフォリオ | | |
September 28, 2022
|
| |
1,135,900
|
| |
US$11,359,000
|
|
DS Liquid DIV RVA SCM LLC | | |
September 28, 2022
|
| |
1,092,000
|
| |
US$10,920,000
|
|
少林資本パートナーSP,PC MAP SPCの独立ポートフォリオ | | |
September 28, 2022
|
| |
663,900
|
| |
US$6,639,000
|
|
ソナ信用総基金有限会社 | | |
September 28, 2022
|
| |
500,000
|
| |
US$5,000,000
|
|
銀冠投資有限会社 | | |
September 28, 2022
|
| |
500,000
|
| |
US$5,000,000
|
|
SCC Growth VI Holdco D, Ltd. | | |
September 28, 2022
|
| |
300,000
|
| |
US$3,000,000
|
|
東ベル国際XXVI株式会社 | | |
September 28, 2022
|
| |
150,000
|
| |
US$1,500,000
|
|
cf主体投資有限責任会社 | | |
November 9, 2022
|
| |
826,446
|
| |
Nil
|
|
Warrants | | | | | | | | | | |
銀冠管理有限責任会社 | | |
September 28, 2022
|
| |
4,450,000
|
| |
Nil
|
|
TH中国パートナー有限会社 | | |
September 28, 2022
|
| |
400,000
|
| |
Nil
|
|
ティム·ホートン飲食国際有限会社 | | |
September 28, 2022
|
| |
400,000
|
| |
Nil
|
|
テンセント持ち株移動有限公司 | | |
September 28, 2022
|
| |
400,000
|
| |
Nil
|
|
| | | | | | | | |
引用登録成立
|
| |||||||||
Exhibit No.
|
| |
Description
|
| |
Filed
Herewith |
| |
Form
|
| |
File No.
|
| |
Exhibit
No. |
| |
Filing Date
|
|
2.1 | | |
TH国際有限会社、マイアミ白鳥有限会社とSilver Crest買収会社間の合併協定と計画、日付は2021年8月13日です。
|
| | | | |
F-4
|
| | 333-259743 | | |
2.1
|
| |
September 23, 2021
|
|
2.2 | | |
“合意と合併計画第1号修正案”は、期日は2022年1月30日です。
|
| | | | |
F-4/A
|
| | 333-259743 | | |
2.2
|
| | March 28, 2022 | |
2.3 | | |
合意と合併計画第2号修正案は、期日は2022年3月9日です。
|
| | | | |
F-4/A
|
| | 333-259743 | | |
2.3
|
| | March 28, 2022 | |
2.4 | | |
“合意と合併計画第3号修正案”、日付は2022年6月27日です。
|
| | | | |
F-4/A
|
| | 333-259743 | | |
2.4
|
| | July 5, 2022 | |
2.5* | | | “合意と合併計画第4号修正案”は、期日は2022年8月30日です。 | | | | | | | | | | | | | | | | |
3.1* | | | TH国際有限会社第2回改訂と再改訂の組織覚書と定款。 | | | | | | | | | | | | | | | | |
4.1 | | |
TH国際有限会社普通株式証明書サンプル。
|
| | | | |
F-4
|
| | 333-259743 | | |
4.5
|
| |
September 23, 2021
|
|
4.2 | | |
TH国際有限会社授権書サンプル。
|
| | | | |
F-4
|
| | 333-259743 | | |
4.6
|
| |
September 23, 2021
|
|
4.3* | | | 銀冠買収会社、TH国際有限会社と大陸株式譲渡信託会社との間の譲渡、仮説と改訂及び再署名された引受権証協定。 | | | | | | | | | | | | | | | | |
4.4* | | | TH国際有限会社、銀冠管理有限責任会社とTH国際有限会社のある株主間の登録権協定。 | | | | | | | | | | | | | | | | |
| | | | | | | | |
引用登録成立
|
| |||||||||
Exhibit No.
|
| |
Description
|
| |
Filed
Herewith |
| |
Form
|
| |
File No.
|
| |
Exhibit
No. |
| |
Filing Date
|
|
4.5 | | |
TH国際有限会社とウィルミントン貯蓄基金協会との契約は、受託者とします。
|
| | | | |
F-4/A
|
| |
333-259743
|
| |
4.9
|
| | January 28, 2022 | |
5.1* | | | TH国際有限会社株式証の有効性に対する Kirkland&Ellis LLPの意見 | | | | | | | | | | | | | | | | |
5.2* | | |
TH国際株式会社が発行する普通株の有効性に対する
MaplesとCalder(Cayman)LLPの意見
|
| | | | | | | | | | | | | | | |
10.1 | | | TH国際有限会社、銀冠買収会社とTH国際有限会社の株主が締結したロックと支援協定で、日付は2021年8月13日です。 | | | | | |
F-4
|
| |
333-259743
|
| |
10.2
|
| |
September 23, 2021
|
|
10.2 | | |
保証人ロック協定は2021年8月13日で、TH国際有限会社とSilver Crest Management LLCによって署名された。
|
| | | | |
F-4
|
| |
333-259743
|
| |
10.3
|
| |
September 23, 2021
|
|
10.3 | | | 投票と支持協定は,2021年8月13日にTH国際有限会社,Silver Crest Acquisition CorporationとSilver Crest Management LLCによって締結された | | | | | |
F-4
|
| |
333-259743
|
| |
10.4
|
| |
September 23, 2021
|
|
10.4 | | |
投票と支持プロトコル第1号修正案は、期日は2022年3月9日です。
|
| | | | |
F-4/A
|
| |
333-259743
|
| |
10.5
|
| | March 28, 2022 | |
10.5+* | | | TH国際有限会社の株式インセンティブ計画を修正して再稼働します。 | | | | | | | | | | | | | | | | |
10.6 | | |
取締役は将校と賠償協議フォーマット。
|
| | | | |
F-4/A
|
| |
333-259743
|
| |
10.7
|
| | March 28, 2022 | |
10.7 | | | ティム·ホートン飲食国際有限会社、TH香港国際有限会社とTH国際有限会社が改訂し、再署名した2021年8月13日に発効した全体開発協定。 | | | | | |
F-4
|
| |
333-259743
|
| |
10.7
|
| |
September 23, 2021
|
|
| | | | | | | | |
引用登録成立
|
| |||||||||
Exhibit No.
|
| |
Description
|
| |
Filed
Herewith |
| |
Form
|
| |
File No.
|
| |
Exhibit
No. |
| |
Filing Date
|
|
10.8* | | | ティム·ホートン飲食国際有限会社、TH香港国際有限会社とTH国際有限会社が改訂と再署名した全体開発協定の第1号修正案は、期日は2022年9月28日です。 | | | | | | | | | | | | | | | | |
10.9 | | | ティム·ホートン飲食国際有限会社、TH香港国際有限会社、ティム·ホートン(上海)飲食管理有限会社、ティム·ホートン(中国)ホールディングス有限公司、ティム·ホートン(北京)飲食サービス有限会社とティムコーヒー(深セン)有限公司が改訂と再署名した会社特許経営協定で、期日は2021年8月13日です。 | | | | | |
F-4
|
| |
333-259743
|
| |
10.8
|
| |
September 23, 2021
|
|
10.10 | | | ティム·ホートン飲食国際有限会社とTH香港国際有限会社が改訂と再署名した会社の特許経営協定は、2021年8月13日です。 | | | | | |
F-4
|
| |
333-259743
|
| |
10.9
|
| |
September 23, 2021
|
|
10.11 | | | 盤古データ科学技術(上海)有限会社とティム·ホートン(中国)控股有限公司の業務提携協定で、期日は2021年12月2日です。 | | | | | |
F-4/A
|
| |
333-259743
|
| |
10.10
|
| | January 28, 2022 | |
10.12* | | | TH国際有限公司、Sona Credit Master Fund LimitedとPangaea Two Acquisition Holdings XXIIA Limited間の変換可能チケット購入プロトコルは、2021年12月9日である。 | | | | | | | | | | | | | | | | |
| | | | | | | | |
引用登録成立
|
| |||||||||
Exhibit No.
|
| |
Description
|
| |
Filed
Herewith |
| |
Form
|
| |
File No.
|
| |
Exhibit
No. |
| |
Filing Date
|
|
10.13* | | | TH国際有限会社、日の出パートナー有限会社とPangaea Two Acquisition Holdings XXIIA Limited間の変換可能なチケット購入契約は、2021年12月9日である。 | | | | | | | | | | | | | | | | |
10.14 | | |
購読プロトコルフォーマット.
|
| | | | |
F-4/A
|
| |
333-259743
|
| |
10.13
|
| | March 28, 2022 | |
10.15 | | |
普通株購入契約、日付は2022年3月11日です。
|
| | | | |
F-4/A
|
| |
333-259743
|
| |
10.14
|
| | March 28, 2022 | |
10.16* | | |
普通株購入協議第1号修正案、日付は2022年11月9日です。
|
| | | | | | | | | | | | | | | |
10.17 | | |
登録権合意、日付は2022年3月11日です。
|
| | | | |
F-4/A
|
| |
333-259743
|
| |
10.15
|
| | March 28, 2022 | |
10.18 | | |
持分支援協議、日付は2022年3月8日です。
|
| | | | |
F-4/A
|
| |
333-259743
|
| |
10.16
|
| | March 28, 2022 | |
10.19* | | |
2022年7月28日株式支援協定第1号修正案
|
| | | | | | | | | | | | | | | |
10.20 | | |
約束とセキュリティ協定、日付は2022年5月25日です。
|
| | | | |
F-4/A
|
| |
333-259743
|
| |
10.17
|
| | June 8, 2022 | |
10.21* | | | Control Agreement, dated June 13, 2022. | | | | | | | | | | | | | | | | |
10.22* | | | TH International Limited,Pangaea Two Acquisition Holdings XXIIB Limited,Pangaea Two Acquisition Holdings XXIIA LimitedとSona Credit Master Fund Limited間のオプションプロトコルは,期日は2022年9月28日である. | | | | | | | | | | | | | | | | |
21.1* | | |
TH国際有限会社の子会社リスト
|
| | | | | | | | | | | | | | | |
23.1* | | |
TH国際有限会社の独立公認会計士事務所畢馬威華振会計士事務所は同意します。
|
| | | | | | | | | | | | | | | |
23.2* | | |
Kirkland&Ellis LLP同意(添付ファイル5.1参照).
|
| | | | | | | | | | | | | | | |
23.3* | | |
MaplesとCalder(Cayman)LLPは同意する(添付ファイル5.2参照).
|
| | | | | | | | | | | | | | | |
| | | | | | | | |
引用登録成立
|
| |||||||||
Exhibit No.
|
| |
Description
|
| |
Filed
Herewith |
| |
Form
|
| |
File No.
|
| |
Exhibit
No. |
| |
Filing Date
|
|
23.4* | | |
Consent of Han Kun Law Offices.
|
| | | | | | | | | | | | | | | |
24.1 | | | 授権書(本登録宣言の初期提出時の署名ページに含まれる). | | | | | | | | | | | | | | | | |
107* | | |
Filing table.
|
| | | | | | | | | | | | | | | |
|
Signature
|
| |
Title
|
| |
Date
|
|
|
*
Peter Yu
|
| | Chairman and Director | | |
December 12, 2022
|
|
|
*
Yongchen Lu
|
| |
CEO兼取締役
(CEO) |
| |
December 12, 2022
|
|
|
*
Dong Li
|
| |
Chief Financial Officer
(首席財務会計官) |
| |
December 12, 2022
|
|
|
*
Bin He
|
| | Chief Consumer Officer | | |
December 12, 2022
|
|
|
/s/ Gregory Armstrong
Gregory Armstrong
|
| | Director | | |
December 12, 2022
|
|
|
*
Paul Hong
|
| | Director | | |
December 12, 2022
|
|
|
*
Andrew Wehrley
|
| | Director | | |
December 12, 2022
|
|
|
*
Meizi Zhu
|
| | Director | | |
December 12, 2022
|
|
|
*
Eric Haibing Wu
|
| | Director | | |
December 12, 2022
|
|
|
*
ラファエル·オドリッツィ·ド·オリベイラ
|
| | Director | | |
December 12, 2022
|
|
|
*
Derek Cheung
|
| | Director | | |
December 12, 2022
|
|
|
*By
/s/ Gregory Armstrong
Gregory Armstrong
Attorney-in-Fact |
| | |