S

Super Hi International Holding Ltd
NASDAQ:HDL

Watchlist Manager
Super Hi International Holding Ltd
NASDAQ:HDL
Watchlist
Price: 14.8 USD Market Closed
Market Cap: $9.6B

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.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 31, 2026
AI Summary
Q4 2025

Revenue: Super Hi International said full-year revenue rose 8% to USD 840.8 million, while Q4 revenue increased 10.2% to USD 230 million, the strongest quarterly growth of the year.

Recovery: Management described 2025 as a steady recovery year, with traffic, table turnover and profitability improving in the second half after heavier investment in the first half.

Profitability: Full-year operating profit was USD 37.4 million and Q4 operating margin was 5.7%; management said margins are improving, but the company is still prioritizing customer and employee investment over near-term profit.

Pomegranate Plan: The second-brand strategy is gaining traction, with several projects progressing as planned and some already reaching single-store profitability.

Outlook: For 2026, management expects raw material costs to stay broadly stable, while saying investment will become more targeted and expense efficiency should improve versus 2025.

Geopolitics: Management said Middle East projects face short-term headwinds from geopolitics, but store decisions will remain local and bottom-up rather than centrally driven.

Brand strength: The company said brand health is measured by member growth, repeat visits, local-customer mix, word of mouth, and same-store turnover, with strong brand localization in markets such as South Korea and Southeast Asia.

Key Financials
Total revenue
USD 230 million
Total revenue
USD 840.8 million
Haidilao restaurant revenue
USD 211.9 million
Haidilao restaurant revenue
USD 790 million
Takeout revenue
USD 6.8 million
Takeout revenue
USD 19 million
Other business revenue
USD 11.3 million
Other business revenue
USD 31.8 million
Customer traffic
8.31 million diners
Average table turnover rate
4 turns per day
Same-store table turnover rate
4 turns per day
Average customer spending
USD 25.4
Average daily revenue per restaurant
USD 18,800
Operating profit
USD 12.98 million
Operating profit margin
5.7%
Full-year operating profit
USD 37.4 million
Full-year operating profit margin
4.4%
After-tax net profit
USD 4.47 million
Full-year net profit
USD 36.3 million
Raw material costs as a share of revenue
33.6%
Employee costs as a share of revenue
33.9%
Rental expenses as a share of revenue
2.9%
Electricity expenses as a share of revenue
3.4%
Depreciation and amortization as a share of revenue
9.8%
Other operating expenses as a share of revenue
11.3%
Net exchange losses
USD 3.8 million
Capital reserve
USD 270 million
Haidilao stores overseas
126 stores
Stores opened in 2025
13 stores
Stores closed in 2025
9 stores
Countries covered by 2025 openings
9 countries
Overseas members
more than 8.5 million
Reserve backbones
about 90
Fresh-cut meat SKUs
57 SKUs
Countries with fresh-cut meat series
13 countries
Fresh-cut meat click-through rate
12.21%
Other Earnings Calls

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
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett