Haidilao International Holding (6862) AI Stock Analysis

• Market Cap: $84.28B
• Dividend Yield: 7.77%
• Average Volume (3M): 19.00M
• Price to Earnings (P/E): 16.0
• Beta (1Y): 1.24
• Revenue Growth: 1.35%
• EPS Growth: 4.06%
• Country: HK
• Employees: 137,178
• Sector: Consumer Cyclical
• Sector Strength: 76
• Industry: Restaurants
• EPS (TTM): 0.94
• Shares Outstanding: 5,574,000,000
• 10 Day Avg. Volume: 24,137,246
• 30 Day Avg. Volume: 19,001,640
• PEG Ratio: -4.47
• Price to Book (P/B): 9.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.04
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $19.18
• Price Target Upside: 26.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 64 Neutral
• Price Target: HK$17.00 ▲( 12.43% Upside)

Haidilao International Holding's stock score is primarily driven by its strong financial performance, with significant revenue growth and profitability improvements. Despite this strength, technical analysis indicates bearish market momentum, suggesting potential short-term volatility. Additionally, while valuation metrics show a fair P/E ratio, the high dividend yield provides a positive offset. The lack of cash flow data poses a risk, but overall, the financial health remains strong.

Positive Factors

Business Strategy

Haidilao aims to improve profitability and operational efficiency by enhancing product offerings and exploring franchising models.

Earnings

FY24 results were a small beat, mainly from the robust GP margin expansion.

Financial Performance

Analyst maintains BUY and raises the target price to HK$20.20, based on 18x FY25E P/E.

Negative Factors

Competition

Intense competition in the catering market led to a lowered target price pegged to a reduced PE ratio.

Cost Management

Analysts cut earnings by 8% for FY24E/FY25E due to lower store numbers and higher staff cost assumptions.

Operational Risks

Key risks include weaker-than-expected table turnover ratio, recovery in store efficiencies, and a slowdown in the macro environment.

Haidilao International Holding Business Overview & Revenue Model

Company Description

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant chain operation and delivery businesses. It operates a Haidilao branded Chinese cuisine restaurant that focuses on hot pot cuisine. The company is also involved in the sale of condiment products and food ingredients; logistics and wholesale trade activities; management consultation; financial management; provision of food research, development, and technology services; and trading businesses. As of December 31, 2021, it owned and operated 1,443 restaurants, which included 1,329 restaurants in Mainland China, as well as 114 restaurants in Hong Kong, Macao, Taiwan, Singapore, Vietnam, Malaysia, Indonesia, South Korea, Japan, the United Kingdom, the United States, Canada, and Australia. The company was incorporated in 2015 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

Haidilao primarily generates revenue through its extensive chain of hotpot restaurants, which attract a large customer base due to their customizable dining experience and exceptional service. The company capitalizes on its well-known brand and the growing popularity of hotpot cuisine both in China and abroad. In addition to restaurant sales, Haidilao benefits from ancillary sales, such as branded condiments and food products available for purchase in their restaurants and online. Strategic location selection, efficient supply chain management, and a strong focus on customer service contribute significantly to its earnings. The company may also engage in partnerships and collaborations to enhance its brand presence and diversify its revenue streams.

Haidilao International Holding Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
44.06B	41.45B	31.04B	41.11B	28.61B	26.56B
	Gross Profit
9.80B	9.44B	7.89B	8.26B	6.68B	7.32B
	EBIT
9.22B	8.99B	2.44B	249.93M	1.18B	3.50B
	EBITDA
7.78B	9.13B	6.40B	2.06B	4.21B	5.38B
	Net Income Common Stockholders
4.28B	4.50B	1.37B	-4.16B	309.27M	2.34B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
421.83M	11.36B	7.04B	6.50B	2.95B	2.22B
	Total Assets
2.75B	24.68B	21.44B	28.02B	27.53B	20.61B
	Total Debt
578.56M	7.30B	9.88B	14.93B	12.16B	5.41B
	Net Debt
171.69M	-2.03B	3.26B	9.13B	9.24B	3.18B
	Total Liabilities
1.68B	13.16B	13.98B	20.09B	17.29B	9.99B
	Stockholders Equity
802.02M	11.53B	7.44B	7.91B	10.23B	10.62B
Cash Flow		Free Cash Flow
6.99B	8.37B	5.30B	-663.18M	-3.16B	-363.44M
	Operating Cash Flow
7.74B	9.00B	6.15B	3.81B	2.92B	4.58B
	Investing Cash Flow
-4.60B	-5.31B	-756.89M	-4.95B	-4.69B	-5.03B
	Financing Cash Flow
-2.42B	-3.50B	-4.99B	4.31B	2.34B	-1.49B

Haidilao International Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6862, the sentiment is Negative. The current price of 15.12 is below the 20-day moving average (MA) of 16.46, below the 50-day MA of 16.69, and above the 200-day MA of 15.00, indicating a neutral trend. The MACD of -0.38 indicates Positive momentum. The RSI at 35.09 is Neutral, neither overbought nor oversold. The STOCH value of 3.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6862.

Haidilao International Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6862	64 Neutral	$84.28B	16.04	42.85%	7.77%	1.35%	4.06%
Sector *	62 Neutral	$6.84B	11.22	2.83%	3.93%	2.65%	-21.93%
ASMVF		$2.78B	56.37	2.23%	1.29%	―	―
1848	64 Neutral	HK$2.92B	11.33	6.02%	6.85%	3.58%	810.26%
TRSBF		$6.14B	25.04	14.19%	1.17%	―	―
UNPSF		$5.67B	16.32	13.80%	6.14%	―	―
0789	51 Neutral	HK$476.63M	33.03	10.24%	―	71.74%	―

Haidilao International Holding Corporate Events

Haidilao Announces Successful AGM Resolutions and Strategic Mandates

Haidilao International Holding Ltd. announced the successful passing of all resolutions at its Annual General Meeting held on May 19, 2025. Key resolutions included the adoption of the company’s financial statements, the declaration of a final dividend, the re-election of several directors, and the reappointment of Deloitte Touche Tohmatsu as the auditor. Additionally, the company authorized mandates for share allotment and repurchase, reflecting a strategic focus on shareholder value and corporate governance.

The most recent analyst rating on (HK:6862) stock is a Hold with a HK$14.20 price target. To see the full list of analyst forecasts on Haidilao International Holding stock, see the HK:6862 Stock Forecast page.

Haidilao Announces 2025 Annual General Meeting Agenda

Haidilao International Holding Ltd. has announced its upcoming annual general meeting scheduled for May 19, 2025. Key agenda items include the approval of the audited financial statements for 2024, the declaration of a final dividend, re-election of directors, and the re-appointment of Deloitte Touche Tohmatsu as the company’s auditor. The meeting will also consider resolutions to authorize the board to allot and issue additional shares, which could impact the company’s market positioning and shareholder value.

Haidilao Clarifies AGM Dates in Annual Results Announcement

Haidilao International Holding Ltd. issued a clarification regarding its annual results announcement for the year ended December 31, 2024. The company amended the closure dates of its register of members for the upcoming AGM to determine shareholder eligibility for attending and voting. This announcement serves as a supplement to the previously released annual results, ensuring stakeholders are informed of the correct dates and procedures.

Haidilao Reports 2024 Financial Growth and Strategic Expansion

Haidilao International Holding Ltd. reported its annual results for 2024, showing a 3.1% increase in total revenue to RMB42,754.7 million and an 18.7% rise in core operating profit. The company expanded its restaurant count to 1,368, including 13 franchised locations, and improved its average table turnover rate. Despite closing or relocating some restaurants, Haidilao launched 62 new outlets and resumed operations at two previously suspended locations. The company’s strategic initiatives, such as the ‘Pomegranate plan,’ aim to diversify and sustain long-term growth amidst increasing competition in the catering market.

Haidilao Announces Final Dividend for 2024

Haidilao International Holding Ltd. announced a final cash dividend of HKD 0.507 per share for the financial year ending December 31, 2024. The dividend reflects the company’s solid financial performance and commitment to returning value to its shareholders, with the payment scheduled for June 19, 2025, following shareholder approval in May.

Haidilao to Review Annual Results and Dividend Proposal

Haidilao International Holding Ltd. announced that its board of directors will meet on March 25, 2025, to consider and approve the company’s annual results for the year ending December 31, 2024. The meeting will also discuss the potential payment of a final dividend. This announcement is significant as it indicates the company’s ongoing commitment to transparency and shareholder value, potentially impacting investor confidence and market positioning.