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20-F

Annual Report (Foreign)

Luckin Coffee Inc. LKNCY

0001104659-26-035712

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Filed
Mar 27, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Diluted FY 2025 · Dec 31, 2025 2.57B sh
Shares Diluted FY 2025 · Dec 31, 2024 2.55B sh
Shares Diluted FY 2025 · Dec 31, 2023 2.53B sh
Capex FY 2025 · Dec 31, 2025 $374.48M
Capex FY 2025 · Dec 31, 2025 ¥2.62B
Capex FY 2025 · Dec 31, 2024 ¥2.3B
Capex FY 2025 · Dec 31, 2023 ¥2.75B
Operating Cash Flow FY 2025 · Dec 31, 2025 $869.37M
Operating Cash Flow FY 2025 · Dec 31, 2025 ¥6.09B
Operating Cash Flow FY 2025 · Dec 31, 2024 ¥4.23B
Operating Cash Flow FY 2025 · Dec 31, 2023 ¥2.9B
Short Term Investments FY 2025 · Dec 31, 2025 $368.1M
Short Term Investments FY 2025 · Dec 31, 2025 ¥2.58B
Short Term Investments FY 2025 · Dec 31, 2024 ¥250M
Cash And Equivalents FY 2025 · Dec 31, 2025 $327.44M
Cash And Equivalents FY 2025 · Dec 31, 2025 ¥2.29B
Cash And Equivalents FY 2025 · Dec 31, 2024 ¥4.36B
Cash And Equivalents FY 2025 · Dec 31, 2023 ¥2.93B
Stockholders Equity FY 2025 · Dec 31, 2025 $2.23B
Stockholders Equity FY 2025 · Dec 31, 2025 ¥15.62B
Stockholders Equity restated FY 2025 · Dec 31, 2024 ¥11.56B
Current Liabilities FY 2025 · Dec 31, 2025 $1.21B
Current Liabilities FY 2025 · Dec 31, 2025 ¥8.51B
Current Liabilities restated FY 2025 · Dec 31, 2024 ¥6.69B
Total Liabilities FY 2025 · Dec 31, 2025 $1.88B
Total Liabilities FY 2025 · Dec 31, 2025 ¥13.16B
Total Liabilities restated FY 2025 · Dec 31, 2024 ¥10.05B
Current Assets FY 2025 · Dec 31, 2025 $2.06B
Current Assets FY 2025 · Dec 31, 2025 ¥14.43B
Current Assets restated FY 2025 · Dec 31, 2024 ¥10.73B
Total Assets FY 2025 · Dec 31, 2025 $4.32B
Total Assets FY 2025 · Dec 31, 2025 ¥30.3B
Total Assets restated FY 2025 · Dec 31, 2024 ¥23.13B
Eps Diluted FY 2025 · Dec 31, 2025 $0.20
Eps Diluted FY 2025 · Dec 31, 2025 ¥1.40
Eps Diluted restated FY 2025 · Dec 31, 2024 ¥1.16
Eps Diluted FY 2025 · Dec 31, 2023 ¥1.12
Eps Basic FY 2025 · Dec 31, 2025 $0.20
Eps Basic FY 2025 · Dec 31, 2025 ¥1.40
Eps Basic restated FY 2025 · Dec 31, 2024 ¥1.16
Eps Basic FY 2025 · Dec 31, 2023 ¥1.12
Sga Expense FY 2025 · Dec 31, 2025 $436.32M
Sga Expense FY 2025 · Dec 31, 2025 ¥3.06B
Sga Expense FY 2025 · Dec 31, 2024 ¥2.42B
Sga Expense FY 2025 · Dec 31, 2023 ¥1.83B
Net Income FY 2025 · Dec 31, 2025 $513.88M
Net Income FY 2025 · Dec 31, 2025 ¥3.6B
Net Income restated FY 2025 · Dec 31, 2024 ¥2.96B
Net Income restated FY 2025 · Dec 31, 2023 ¥2.84B
Operating Income FY 2025 · Dec 31, 2025 $724.05M
Operating Income FY 2025 · Dec 31, 2025 ¥5.07B
Operating Income restated FY 2025 · Dec 31, 2024 ¥3.57B
Operating Income restated FY 2025 · Dec 31, 2023 ¥3.02B
Revenue FY 2025 · Dec 31, 2025 $7.03B
Revenue FY 2025 · Dec 31, 2025 ¥49.29B
Revenue FY 2025 · Dec 31, 2024 ¥34.47B
Revenue FY 2025 · Dec 31, 2023 ¥24.9B