MIXUE Group Class H (HK:2097)
:2097
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MIXUE Group Class H
(2097)
Select Model
Select Model
Rating:73Outperform
Price Target:
HK$498.00
▲(75.97% Upside)
Action:UpgradedDate:10/23/25
MIXUE Group Class H's strong financial performance is the most significant factor, contributing to a high score. However, the lack of strong technical momentum and absence of valuation data slightly dampen the overall score. The company's robust financial health positions it well for future growth, but the neutral technical indicators and missing valuation metrics suggest a cautious approach.
Positive Factors
Strong balance sheet
Extremely low leverage and a high equity ratio provide durable financial flexibility to fund expansion, absorb shocks, and support franchisee investment. High ROE indicates efficient capital use, enabling sustainable reinvestment and resilience across economic cycles.
Negative Factors
Franchise model execution risk
An asset-light franchised model drives rapid scale but limits direct store control, raising persistent risks around quality, consistency, and franchisee profitability. Long-term brand value and margins depend on governance, training, and supply enforcement across thousands of outlets.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet
Extremely low leverage and a high equity ratio provide durable financial flexibility to fund expansion, absorb shocks, and support franchisee investment. High ROE indicates efficient capital use, enabling sustainable reinvestment and resilience across economic cycles.
Read all positive factors
MIXUE Group Class H (2097) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$107.43B
Dividend YieldN/A
Average Volume (3M)655.71K
Price to Earnings (P/E)24.1
Beta (1Y)-0.08
Revenue GrowthN/A
EPS GrowthN/A
CountryHK
Employees7,025
SectorConsumer Defensive
Sector Strength42
IndustryBeverages - Non-Alcoholic
Share Statistics
EPS (TTM)N/A
Shares Outstanding150,883,060
10 Day Avg. Volume1,047,413
30 Day Avg. Volume655,708
Financial Highlights & Ratios
PEG Ratio0.56
Price to Book (P/B)6.87
Price to Sales (P/S)4.14
P/FCF Ratio22.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$405.94Price Target Upside43.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MIXUE Group Class H Business Overview & Revenue Model
Company Description
MIXUE Group produces and sells fruit drinks, tea drinks, and ice cream and coffee products in Mainland China and internationally. The company provides ingredients, packaging materials, and store equipment to franchisees. It offers its products und...
How the Company Makes Money
MIXUE Group generates revenue primarily through the sale of its frozen desserts and beverages in its franchised outlets. The company's revenue model is centered on both direct sales to customers and franchise fees collected from its franchise part...
MIXUE Group Class H Financial Statement Overview
Summary
Income Statement
88
Very Positive
Balance Sheet
80
Positive
Cash Flow
85
Very Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 21.04B | 24.83B | 20.30B | 13.58B | 10.35B |
| Gross Profit | 6.73B | 8.06B | 6.00B | 3.85B | 3.24B |
| EBITDA | 4.88B | 6.24B | 4.44B | 2.85B | 2.67B |
| Net Income | 3.64B | 4.44B | 3.14B | 2.00B | 1.91B |
Balance Sheet | |||||
| Total Assets | 27.29B | 19.78B | 14.59B | 9.95B | 7.32B |
| Cash, Cash Equivalents and Short-Term Investments | 14.87B | 9.13B | 6.38B | 4.63B | 3.58B |
| Total Debt | 111.11M | 92.55M | 386.17M | 281.64M | 142.76M |
| Total Liabilities | 5.91B | 4.72B | 4.00B | 2.47B | 1.77B |
| Stockholders Equity | 21.25B | 14.96B | 10.51B | 7.45B | 5.54B |
Cash Flow | |||||
| Free Cash Flow | 3.63B | 4.56B | 2.10B | 1.17B | 740.02M |
| Operating Cash Flow | 4.18B | 6.01B | 3.79B | 2.43B | 1.69B |
| Investing Cash Flow | -5.27B | -7.02B | -825.34M | -2.20B | -1.83B |
| Financing Cash Flow | 3.56B | -277.44M | -111.32M | -139.26M | 726.65M |
MIXUE Group Class H Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | HK$22.68B | 17.26 | 19.70% | 4.49% | 23.90% | 10.72% | |
73 Outperform | HK$107.43B | 24.14 | 20.39% | ― | ― | ― | |
71 Outperform | HK$35.07B | 15.79 | 15.41% | 5.64% | 8.19% | 23.16% | |
66 Neutral | HK$16.27B | 13.20 | 18.23% | 5.89% | 1.10% | -7.88% | |
63 Neutral | HK$99.54B | 26.31 | 5.74% | 5.59% | -9.54% | -27.75% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
61 Neutral | HK$7.57B | 23.14 | 7.42% | 1.41% | 7.29% | -33.19% |
* Consumer Defensive Sector Average
HK:2097
MIXUE Group Class H
283.00
-68.40
-19.46%
HK:0220
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9.33
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-31.55%
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Nissin Foods Co., Ltd.
7.25
1.73
31.34%
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Yihai International Holding Ltd.
16.77
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Budweiser Brewing Co. APAC Ltd.
7.55
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-5.23%
MIXUE Group Class H Corporate Events
MIXUE Group Enhances Corporate Governance with New Audit Committee Rules
Dec 4, 2025
MIXUE Group has established new rules of procedure for its audit committee to enhance corporate governance. These rules aim to improve decision-making, ensure effective supervision of senior management, and maintain the independence and effectiven...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.