Understanding the Market | DPC DASH rose over 3%, Domino's China stores surpassed 1,000, institutions claim the company has reached a profit inflection point

DPC DASH rose over 3%, as of the time of writing, up 3.47%, priced at HKD 74.5, with a transaction volume of HKD 6.5779 million. On the news front, on November 15th, the grand opening of Domino's 1,000th store in Chengdu marked the company's official entry into the milestone of 1,000 stores. Domino's China CEO Wang Yi previously stated that the company aims to open at least 5,000 stores in the Chinese market in the future. Minsheng Securities pointed out that the company has reached a profitability inflection point, with the UE model continuously optimizing, and is currently in the "growth phase" of store openings, with a large number of untapped markets awaiting penetration. In the first half of this year, the company's total revenue was RMB 2.04 billion, an increase of 48.3% year-on-year; net profit and adjusted net profit both turned positive for the first time, achieving profitability across the board. As of the third quarter of this year, Domino's China has maintained same-store growth for 29 consecutive quarters, with membership reaching 21.7 million. In the global sales ranking of over 21,000 Domino's stores in the first 30 days, Domino's China stores occupied 28 of the top 30 positions