Slide 1: First Half 2025 Results Presentation
DPC Dash Ltd (1405.HK) First Half 2025 Results Presentation August 28, 2025
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by DPC Dash Ltd (the “Company” and together with its subsidiaries, the “Group”) solely for information purposes and does not constitute a recommendation regarding the securities of the Group or an offer to sell or issue or the solicitation of an offer t
Slide 3: Sustained Growth and Margin Expansion in 1H2025 Results
Sustained Growth and Margin Expansion in 1H2025 Results Store-level Store-level Operating Gaining More Pizza Market Share Store Footprint Operating Profit Profit Margin in China Now Ranked #2 RMB In terms of 2024 pizza sales(1) 14.6% 1,198 Stores in 48 Cities 379.2 million +28.0% YoY Growth +10 bps
Slide 4: Continued High Quality Store Network Expansion
Continued High Quality Store Network Expansion Store Footprint Store Outlook 1,198 Stores in 48 Cities 515 Target to open net new +190 net new stores 683 300 stores in 2025 +9 new cities ~98% of 2025 opening target secured (2) 10x+ increase in store count since 2017(1) Tier 1 cities Non-Tier 1 citie
Slide 5: Continued Innovation in New Products and Customer Engagement
Continued Innovation in New Products and Customer Engagement 4
Slide 6: Financial Highlights
o Domino's Pizza IASLC Financial Highlights
Slide 7: Financial Results Overview
Financial Results Overview 2022-2024 1H25 vs. 1H24 RMB mm 2022 2023 2024 1H2024 1H2025 CAGR % Growth % Revenue 2,020.8 3,050.7 4,314.1 2,041.5 2,593.4 46.1% 27.0% Growth (%) 25.4% 51.0% 41.4% 48.3% 27.0% Store EBITDA(1) 320.2 576.6 831.4 393.9 502.8 61.1% 27.7% Margin (%) 15.8% 18.9% 19.3% 19.3% 19.
Slide 8: Resilient Revenue Growth with Increasing Contribution from New Markets
Resilient Revenue Growth with Increasing Contribution from New Markets Revenue Growth and Mix (Growth %) 51.0% 41.4% 27.0% (RMB mm) 4,314.1 41.8% 3,050.7 2,593.4 58.2% 2,020.8 2,041.5 2022 2023 2024 1H2024 1H2025 Tier 1 cities Non-Tier 1 cities Average Daily Sales Per Store (RMB) 12,580 13,126 13,51
Slide 9: Solid Store Profitability
Solid Store Profitability Store Cost Items as % of Revenue Store Operating Profit and Margin(3) YoY % 105.1% 48.7% 28.0% (RMB mm) 1,816.1 (RMB mm) 2,631.0 3,690.1 1,745.3 2,214.2 624.0 Other cost(1) 6.0% 5.6% 5.1% 4.8% 4.4% Operation and maintenance cost 6.4% 14.5% 14.5% 6.2% 6.3% 6.3% 6.1% 14.6% Ad
Slide 10: Corporate Cost Efficiency Continued Improving
Corporate Cost Efficiency Continued Improving Cash-Based Compensation Corporate D&A and as % of Corporate G&A and as % of Cost and as % of Revenue Revenue Revenue (RMB mm) (RMB mm) (RMB mm) 7.3% 5.7% 5.5% 5.1% 1.8% 1.3% 1.4% 1.1% 2.4% 2.0% 2.2% 1.9% 223.8 245.5 53.4 55.4 113.1 133.5 71.8 88.4 27.8 2
Slide 11: Reconciliation of Adjusted EBITDA and Adjusted Net Profit
Reconciliation of Adjusted EBITDA and Adjusted Net Profit(1) Adjusted EBITDA and Margin Adjusted Net Profit and Margin (% Margin) 9.9% 11.5% 11.4% 12.4% (% Margin) 0.3% 3.0% 2.5% 3.5% (RMB mm) (RMB mm) 495.2 131.2 322.9 91.4 301.7 233.4 50.9 8.8 2023 2024 1H2024 1H2025 2023 2024 1H2024 1H2025 2023 2