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Super Hi International Holding Ltd
HKEX:9658

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Super Hi International Holding Ltd
HKEX:9658
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Price: 13.65 HKD -0.07% Market Closed
Market Cap: 8.9B HKD

Super Hi International Holding Ltd
Investor Relations

Super Hi International Holding Ltd, the name behind the fiery hotpot sensation Haidilao, is renowned for transforming the dining experience with its innovative approach to traditional Chinese cuisine. Founded in 1994 in Sichuan, China, the company has grown from a small regional eatery to a global powerhouse, captivating customers with its distinctive offering: the immersive experience of hotpot dining. At the heart of Super Hi’s business model is its commitment to exceptional service and operational efficiency, distinguishing it from countless competitors. From robot waitstaff entertaining diners to thoughtful services like free manicures while waiting, the company has reinvented the benchmark for customer service in dining, fostering loyalty and word-of-mouth marketing that fuel its expansive growth.

Super Hi International Holding Ltd's profitability stems from its ability to maintain a fine balance between scalability and personalized service. Hotpot dining itself is inherently favorable for business, allowing customers to partake in a communal cooking experience that minimizes the need for extensive kitchen operations. The constant flow of diners sharing from a common pot keeps food costs under control and maximizes turnover. By streamlining operations with technology and meticulous training, Super Hi effectively manages costs despite its extensive global presence. The company's profits are primarily driven by the sheer volume of customers coupled with the strategic upselling of premium ingredients and beverages, ensuring a higher spend per table. With a clear vision and structured growth strategy, Super Hi leverages its robust brand equity to expand internationally, bringing the unique flavors and experiences of Haidilao to a broader audience.

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9658
Hang Seng (Hong Kong)
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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 26, 2025
AI Summary
Q3 2025

Revenue Growth: Super Hi International reported Q3 revenue of $214 million, up 7.8% year-on-year, with Haidilao same-store revenue up 2.3%.

Profit Margin Dip: Operating profit for Q3 was $12.6 million, down 15.4% year-on-year and operating margin fell to 5.9%, a drop of 1.6 percentage points.

Sequential Improvement: Operating profit and margin rose sharply compared to Q2, with profit up 240.5% quarter-on-quarter and margin up by 4 percentage points.

Table Turnover Gains: Overall table turnover rate rose to 3.9x and same-store turnover to 4x, both up 0.1 compared to last year.

Customer and Employee Focus: Ongoing investment in customer discounts and employee benefits caused some margin pressure but improved satisfaction and reduced employee turnover.

Expansion and New Brands: The company opened 2 new Haidilao stores in Q3, launched new brands internationally, and plans to open over 10 new locations in 2025.

Currency Headwind: Net profit dropped sharply due to significant foreign exchange losses, contrasting with a gain last year.

Guidance: Q4 expected to be a seasonal peak, with profit margins anticipated to be higher than year-to-date.

Key Financials
Revenue
$214 million
Haidilao Restaurant Revenue
$201 million
Takeaway Revenue
$4.4 million
Other Business Revenue
$8.9 million
Operating Profit
$12.6 million
Operating Profit Margin
5.9%
Net Profit After Tax
$3.59 million
Foreign Exchange Loss
$5.8 million
Operating Cash Flow
$34.1 million
Gross Profit Margin
66.7%
Employee Costs
$71 million
Rent and Related Expenses
$6.12 million
Depreciation and Amortization
$21 million
Utility Expense
$7.8 million
Operating Expenses
$23.7 million
Customers Served
8.1 million
Overall Table Turnover Rate
3.9x
Same-store Table Turnover Rate
4.0x
Average Order Value
$24.6
Average Daily Revenue Per Restaurant
$18,000
Same-store Revenue Growth
2.7%
Average Monthly Employee Turnover Rate
just over 7%
Other Earnings Calls
2025

Management

Ms. Liu Li
Executive Director
No Bio Available
Mr. Yu Li
Senior Regional Manager & Executive Director
No Bio Available
Ms. Lijuan Yang
CEO & Executive Director
No Bio Available
Ms. Cong Qu
Compliance Officer, Financial Director & Company Secretary
No Bio Available

Contacts

Address
WAN CHAI
1 Paya Lebar Link, #09-04, PLQ 1 Paya Lebar Quarter
Contacts