Haidilao International Holding Ltd. (HK:6862)
:6862
Want to see HK:6862 full AI Analyst Report?
Top Page
Haidilao International Holding
(6862)
Select Model
Select Model
Rating:68Neutral
Price Target:
HK$16.00
▲(6.88% Upside)
Action:DowngradedDate:04/27/26
The score is driven primarily by solid financial recovery and a de-risked balance sheet, supported by an attractive dividend yield and reasonable P/E. These positives are tempered by weakening 2025 margins/cash conversion and currently soft technical momentum.
Positive Factors
Improved balance sheet
A materially lower debt-to-equity (~0.59 in 2024–2025) reduces financial risk and increases resilience to demand shocks. This stronger capital structure supports durable investment capacity, dividend policy stability and lower refinancing pressure, improving long-term strategic flexibility.
Negative Factors
Margin compression
Declining gross and operating margins in 2025 indicate margin pressure from higher costs or pricing limits. Persistent margin erosion would reduce free cash flow conversion, limit reinvestment capacity, and weaken long-term return on capital unless cost structure or pricing power improves.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved balance sheet
A materially lower debt-to-equity (~0.59 in 2024–2025) reduces financial risk and increases resilience to demand shocks. This stronger capital structure supports durable investment capacity, dividend policy stability and lower refinancing pressure, improving long-term strategic flexibility.
Read all positive factors
Haidilao International Holding (6862) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$79.71B
Dividend Yield5.78%
Average Volume (3M)23.76M
Price to Earnings (P/E)17.6
Beta (1Y)1.13
Revenue Growth1.16%
EPS Growth-13.86%
CountryHK
Employees137,178
SectorConsumer Cyclical
Sector Strength84
IndustryRestaurants
Share Statistics
EPS (TTM)0.48
Shares Outstanding5,574,000,000
10 Day Avg. Volume21,015,791
30 Day Avg. Volume23,760,379
Financial Highlights & Ratios
PEG Ratio-1.09
Price to Book (P/B)6.92
Price to Sales (P/S)1.65
P/FCF Ratio17.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$18.58Price Target Upside24.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)0.82
Revenue Forecast (FY)HK$46.68B
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 i...
How the Company Makes Money
Haidilao primarily makes money by selling food and beverages to customers in its self-operated Haidilao hot pot restaurants. Its core revenue stream is dine-in restaurant revenue, which is driven by guest traffic (table turnover/visits), average s...
Haidilao International Holding Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
72
Positive
Cash Flow
68
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 42.11B | 42.75B | 41.45B | 31.04B | 39.10B |
| Gross Profit | 9.35B | 12.11B | 9.44B | 7.89B | 8.26B |
| EBITDA | 6.97B | 8.27B | 9.13B | 6.40B | 2.06B |
| Net Income | 3.95B | 4.71B | 4.50B | 1.37B | -4.16B |
Balance Sheet | |||||
| Total Assets | 22.10B | 22.78B | 24.68B | 21.44B | 28.02B |
| Cash, Cash Equivalents and Short-Term Investments | 9.34B | 9.58B | 11.36B | 7.04B | 6.50B |
| Total Debt | 5.94B | 6.17B | 7.30B | 9.88B | 14.93B |
| Total Liabilities | 12.09B | 12.36B | 13.16B | 13.98B | 20.09B |
| Stockholders Equity | 10.02B | 10.43B | 11.53B | 7.44B | 7.91B |
Cash Flow | |||||
| Free Cash Flow | 4.01B | 6.33B | 8.37B | 5.30B | -663.18M |
| Operating Cash Flow | 5.69B | 7.63B | 9.00B | 6.15B | 3.81B |
| Investing Cash Flow | -3.42B | -91.49M | -5.31B | -756.89M | -4.95B |
| Financing Cash Flow | -4.78B | -7.63B | -3.50B | -4.99B | 4.31B |
Haidilao International Holding Technical Analysis
Positive
14.97
Price Trends
16.10
Negative
15.30
Negative
14.42
Positive
Market Momentum
-0.33
Negative
47.16
Neutral
61.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6862, the sentiment is Positive. The current price of 14.97 is above the 20-day moving average (MA) of 14.96, below the 50-day MA of 16.10, and above the 200-day MA of 14.42, indicating a neutral trend. The MACD of -0.33 indicates Negative momentum. The RSI at 47.16 is Neutral, neither overbought nor oversold. The STOCH value of 61.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6862.
Haidilao International Holding Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$79.71B | 17.57 | 40.94% | 5.78% | 1.16% | -13.86% | |
66 Neutral | HK$1.06B | 9.89 | 12.32% | 5.56% | 7.49% | 78.21% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | HK$2.53B | 39.60 | 1.82% | 1.12% | -13.86% | 6.94% | |
55 Neutral | HK$2.29B | 19.78 | 5.05% | 6.90% | -3.45% | -50.11% | |
50 Neutral | HK$206.79M | 12.23 | 2.32% | 21.88% | 1.02% | -71.48% | |
43 Neutral | HK$443.62M | -2.42 | -51.41% | ― | -20.32% | 25.91% |
* Consumer Cyclical Sector Average
HK:6862
Haidilao International Holding
14.01
-2.63
-15.81%
HK:9922
Jiumaojiu International Holdings Ltd.
1.83
-0.66
-26.51%
HK:1314
Tsui Wah Holdings Ltd.
0.15
-0.07
-30.23%
HK:0341
Cafe de Coral Holdings Ltd.
3.99
-2.77
-40.98%
HK:0520
Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
0.41
-0.32
-43.84%
HK:6811
Tai Hing Group Holdings Ltd.
1.09
0.23
26.74%
Haidilao International Holding Corporate Events
Haidilao Sets 2026 AGM to Approve Dividend, Board Changes and New Share Mandate
Apr 24, 2026
Haidilao International Holding Ltd. has called its annual general meeting for May 19, 2026 in Beijing, where shareholders will review the group’s audited consolidated financial statements and board and auditor reports for the year ended Dece...
Haidilao Chair Plans At Least HK$100 Million Share Purchase to Lift Stake
Apr 10, 2026
Haidilao International Holding Ltd., a major Chinese hotpot restaurant group, operates an extensive network of outlets that cater to domestic and overseas consumers, aligning its growth with the expansion of China’s consumer and catering mar...
Haidilao Moves to Modernize Articles for Hybrid Meetings and E‑Voting
Mar 24, 2026
Haidilao International Holding plans to adopt a new set of articles of association to align its corporate governance framework with updated Hong Kong listing and regulatory requirements. The changes focus on enabling hybrid general meetings, elect...
Haidilao Strengthens Governance With New Qualified Company Secretary and Board-Level Role Changes
Mar 24, 2026
Haidilao International Holding announced that the Hong Kong Stock Exchange has confirmed executive director Li Peng now meets the qualifications to serve as company secretary, removing the need for a prior waiver tied to his role. This formal reco...
Haidilao Earnings Slip as It Accelerates Shift to Franchising
Mar 24, 2026
Haidilao International Holding reported 2025 revenue of RMB 43.23 billion, little changed from 2024, while profit attributable to shareholders fell to RMB 4.05 billion and basic earnings per share declined to RMB 0.75. Core operating profit also s...
Haidilao Sets March 24 Board Meeting to Approve 2025 Annual Results and Consider Final Dividend
Mar 12, 2026
Haidilao International Holding Ltd. has scheduled a board meeting for March 24, 2026, to review and approve the group’s annual results for the financial year ended December 31, 2025, and to authorize their release. The board will also consid...
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.