Super Hi International Holding Ltd. (9658) AI Stock Analysis

• Market Cap: HK$8.27B
• Dividend Yield: N/A
• Average Volume (3M): 633.69K
• Price to Earnings (P/E): 20.8
• Beta (1Y): 0.75
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 13,057
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 0.23
• Shares Outstanding: 650,299,000
• 10 Day Avg. Volume: 690,690
• 30 Day Avg. Volume: 633,689
• PEG Ratio: -4.20
• Price to Book (P/B): 4.53
• Price to Sales (P/S): 2.10
• P/FCF Ratio: 19.22
• 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: HK$17.82
• Price Target Upside: 27.65% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 66 Neutral
• Price Target: HK$15.00 ▲(7.45% Upside)

Super Hi International Holding Ltd. demonstrates strong financial performance with robust revenue growth and improved profitability. However, technical indicators suggest bearish momentum, and the valuation is moderate without a dividend yield. Historical financial instability and leverage are areas to monitor.

Super Hi International Holding Ltd. Business Overview & Revenue Model

Company Description

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.

How the Company Makes Money

Super Hi International Holding Ltd. generates revenue primarily through the operation of its restaurant chains. The company earns money by offering a variety of hot pot dishes and related food items to its customers, who pay for dining services. Key revenue streams include in-restaurant dining sales, takeaway, and delivery services. Additionally, the company may engage in strategic partnerships with suppliers to optimize costs and improve margins. The company’s earnings are also influenced by its ability to expand its restaurant network and increase its customer base, as well as its efforts in marketing and brand development.

Super Hi International Holding Ltd. Financial Statement Overview

Summary

Super Hi International Holding Ltd. has shown significant revenue growth and improved profitability metrics. The balance sheet is more stable, and cash flow generation is robust, although historical financial instability and leverage remain concerns.

Income Statement

Super Hi International Holding Ltd. shows strong revenue growth with a significant increase from 2022 to TTM 2025. Gross profit margin and EBIT margin have improved, reflecting efficient cost management. However, the net profit margin is relatively low, indicating some profitability challenges. Overall, the income statement reveals a positive growth trajectory with room for further improvement in net profitability.

Balance Sheet

The company has strengthened its equity position with positive stockholders' equity, improving from negative figures in 2020 and 2021. The debt-to-equity ratio has improved, demonstrating better leverage management. However, a relatively high level of total liabilities poses a risk. The equity ratio shows a stable financial structure but indicates potential volatility due to past negative equity.

Cash Flow

Operating cash flow has been consistently positive, enabling the company to generate substantial free cash flow growth, especially in recent periods. The operating cash flow to net income ratio is strong, indicating effective cash conversion from operations. However, historical fluctuations in free cash flow suggest potential volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	804.11M	778.31M	686.36M	558.23M	312.37M	221.41M
Gross Profit	257.40M	273.68M	225.61M	183.53M	43.39M	34.77M
EBITDA	182.55M	110.38M	120.09M	45.45M	-60.52M	13.50M
Net Income	54.74M	21.80M	25.65M	-41.25M	-150.75M	-53.76M
Balance Sheet
Total Assets	702.44M	684.42M	576.88M	576.11M	626.72M	601.59M
Cash, Cash Equivalents and Short-Term Investments	258.47M	254.72M	152.91M	93.89M	126.12M	55.13M
Total Debt	215.24M	212.63M	202.94M	242.30M	745.57M	607.75M
Total Liabilities	327.53M	322.76M	304.76M	334.07M	813.90M	668.55M
Stockholders Equity	373.36M	360.03M	270.09M	239.81M	-187.18M	-519.28M
Cash Flow
Free Cash Flow	91.39M	84.95M	81.07M	7.85M	-63.03M	-107.22M
Operating Cash Flow	91.39M	119.70M	114.05M	68.32M	4.38M	2.76M
Investing Cash Flow	9.05M	-27.62M	-11.78M	888.00K	-87.46M	-91.82M
Financing Cash Flow	-35.08M	12.58M	-43.79M	-65.87M	108.50M	109.75M

Super Hi International Holding Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.96
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9658, the sentiment is Negative. The current price of 13.96 is below the 20-day moving average (MA) of 14.21, below the 50-day MA of 14.80, and below the 200-day MA of 16.67, indicating a bearish trend. The MACD of -0.20 indicates Negative momentum. The RSI at 42.10 is Neutral, neither overbought nor oversold. The STOCH value of 39.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9658.

Super Hi International Holding Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6862	69 Neutral	$71.96B	14.61	46.34%	6.42%	-4.96%	4.93%
9658	66 Neutral	HK$8.27B	20.75	15.40%	―	―	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0341	61 Neutral	HK$3.72B	16.00	8.26%	6.14%	-1.42%	-28.96%
9922	52 Neutral	HK$2.81B	59.47	1.38%	0.97%	-6.80%	-85.10%
2150	40 Underperform	HK$2.03B	―	-14.61%	―	-11.19%	-22.98%

Super Hi International Holding Ltd. Corporate Events

Super Hi International Announces Share Distribution to Simplify Ownership

Super Hi International Holding Ltd. announced a distribution in specie of its shares by one of its controlling shareholders, NP United Holding Ltd. This move aims to simplify the shareholding structure by distributing NP United’s shares among its shareholders, ZY NP LTD, SP NP LTD, SYH NP LTD, and LHY NP LTD, in proportion to their existing holdings. This reallocation of shares will result in ZY NP LTD holding the largest share, followed by SP NP LTD, SYH NP LTD, and LHY NP LTD, potentially impacting the company’s governance and shareholder dynamics.

The most recent analyst rating on (HK:9658) stock is a Hold with a HK$16.50 price target. To see the full list of analyst forecasts on Super Hi International Holding Ltd. stock, see the HK:9658 Stock Forecast page.

Super Hi International Reports Revenue Growth and Strategic Expansion in H1 2025

Super Hi International Holding Ltd. reported a 7.0% increase in revenue for the first half of 2025, reaching $396.7 million, with a notable recovery in profitability compared to the previous year. Despite a slight decline in restaurant-level operating margins due to competitive pricing, the company continued to expand its global restaurant network, opening new locations and closing underperforming ones. The company also made strides in product development and customer experience enhancement, launching over 700 product upgrades and new offerings, and focusing on creating a differentiated dining experience to boost customer satisfaction and repurchase rates.

The most recent analyst rating on (HK:9658) stock is a Hold with a HK$16.50 price target. To see the full list of analyst forecasts on Super Hi International Holding Ltd. stock, see the HK:9658 Stock Forecast page.

Super Hi International Reports Q2 2025 Financial Results with Revenue Growth and Operational Challenges

Super Hi International Holding Ltd. announced its unaudited financial results for the second quarter of 2025, reporting a revenue increase of 8.5% to $198.9 million compared to the same period in 2024. Despite this growth, the company experienced a significant decline in income from operations, which fell by 56.5% to $3.7 million. The company expanded its restaurant network by opening four new locations and closing one underperforming restaurant, bringing the total number of Haidilao restaurants to 126. The company remains focused on its strategy of sharing benefits with customers and employees, while also working on management precision and technological innovation to enhance efficiency.

The most recent analyst rating on (HK:9658) stock is a Hold with a HK$16.50 price target. To see the full list of analyst forecasts on Super Hi International Holding Ltd. stock, see the HK:9658 Stock Forecast page.

Super Hi International Holding Ltd. Schedules Board Meeting for Financial Results Review

Super Hi International Holding Ltd. has announced a board meeting scheduled for August 26, 2025, to review and approve the company’s unaudited financial results for the second quarter and the first half of 2025. The company will also consider the payment of an interim dividend. Following the announcement, a Chinese language earnings conference call will be held, with a live webcast available in both English and Chinese, indicating the company’s ongoing commitment to transparency and communication with its stakeholders.