Haidilao Reports Q4 Revenue of $230M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 31 2026
0mins
Reports Q4 revenue $230.0M vs. $208.8M last year. CEO Yang Lijuan commented, "In Q4 of 2025, as we continued to reward employees and customers, Haidilao restaurant achieved a 0.1 times per day improvement for both overall average table turnover rate and overall average same-store table turnover rate compared to the same period last year. Revenue for Haidilao restaurant grew by 6.0% year-over-year, with same-store sales rising by 2.3%. Overall company revenue increased by 10.2% year-over-year...In 2025, we also expanded and optimized our restaurant network, diversified revenue streams, and increased investment in the 'Pomegranate Plan'. These initiatives collectively contributed to Haidilao restaurant revenue growth of 5.7% and other business revenue growth of 61.4%. Looking ahead, we remain committed to our vision of becoming a leading global integrated restaurant group. We will strengthen our diverse customer base overseas and deliver richer dining experiences to customers worldwide, driving sustainable growth across global markets."
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About HDL
Super Hi International Holding Ltd. is an investment holding company and its subsidiaries are principally engaged in the restaurant operations, delivery business and others located in overseas markets outside the Chinese Mainland, Hong Kong, Macau and Taiwan. The Company operates a Chinese cuisine restaurant brand and operates Haidilao hot pot restaurant in the international market. It has approximately 126 self-operated restaurants in 14 countries across four continents, such as Asia, North America, Europe, and Oceania. Its restaurants offer substantially all the Haidilao signature menu items, including four signature soup bases, namely its spicy vegetable oil Sichuan-style soup base, tomato soup base, mushroom soup base and savory bone soup base, as well as signature Laopai dishes, including classic Sichuan-style hot pot ingredients, such as beef tripe, shrimp paste and hand-pulled noodles. Its restaurants in Japan offer traditional Japanese-style soup bases, such as miso soup base.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Super Hi International Holding Ltd. Q1 2026 Earnings Call Insights
- Significant Revenue Growth: Super Hi International reported total revenue of RMB 226 million in Q1 2026, reflecting a 14.2% year-over-year increase, with restaurant revenue accounting for 90.4%, indicating robust performance in core operations and stable market demand.
- Increased Customer Traffic: The company recorded over 8.1 million customer visits this quarter, with same-store sales rising by 4%, demonstrating positive outcomes in enhancing customer experience and service quality, thereby solidifying its market position.
- Diversification Contributions: The delivery business and the Red Pomegranate Project saw a remarkable year-over-year growth of 130.9%, showcasing the company's success in expanding into new business areas, which enhances overall revenue stability and risk resilience.
- Prudent Expansion Strategy: Management emphasized a quality-first approach to future expansion, with a pipeline of double-digit new stores but no specific numbers provided, indicating a cautious and stable growth strategy to ensure long-term sustainability.
See More
Super Hi International Q1 2026 Financial Highlights
- Revenue Growth: Super Hi International reported Q1 2026 revenue of $225.93 million, reflecting a 14.2% year-over-year increase and surpassing market expectations by $10.35 million, indicating strong market performance.
- Store Expansion: The company opened one new Haidilao restaurant in Southeast Asia, bringing the total to 127 as of March 31, 2026, demonstrating its ongoing strategic expansion in regional markets.
- Increased Guest Visits: The total guest visits exceeded 8.1 million in Q1, representing a 3.8% increase, which suggests effective strategies in attracting customers are yielding positive results.
- Same-Store Sales Growth: Same-store sales reached $183.5 million, up 4.0% year-over-year, showcasing the company's success in maintaining performance at existing locations and further solidifying its market position.
See More
Super Hi International Reports Strong Q1 Financial Results
- Significant Revenue Growth: In Q1 2026, Super Hi International reported revenue of $225.9 million, a 14.2% increase year-over-year, indicating successful expansion strategies in international markets that enhance its competitive edge.
- Operational Efficiency Improvement: The overall average table turnover rate reached 4 times per day, up from 3.9 times in the same period of 2025, demonstrating a notable enhancement in restaurant operational efficiency, which further drives customer satisfaction and repeat visits.
- Steady Same-Store Sales: Same-store sales amounted to $183.5 million, reflecting a 4.0% year-over-year increase, showcasing strong performance in existing markets and laying a solid foundation for future growth.
- Rapid Growth in Delivery Business: Delivery revenue reached $7.3 million, up 82.5%, primarily due to optimized market demand and strategic collaborations with local delivery platforms, highlighting the company's success in diversifying its revenue streams.
See More
Super Hi International to Report Q1 2026 Financial Results
- Earnings Report Schedule: Super Hi International will release its unaudited financial results for Q1 FY2026 on May 20, 2026, before U.S. market open, which is expected to provide critical performance data for investors to assess the company's financial health.
- Conference Call Timing: The company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 20, 2026 (8:00 PM Singapore/Hong Kong Time), where they will discuss financial results in detail, enhancing transparency and engaging with investors.
- Webcast Availability: The conference call will feature live webcasts in both English and Chinese, ensuring global investors can participate, thereby improving communication efficiency and facilitating timely information dissemination between the company and its stakeholders.
- Global Brand Influence: Super Hi operates 126 self-owned Haidilao restaurants across 14 countries, and with its unique dining experience and exceptional service, it has become one of the world's most valuable restaurant brands, showcasing strong market competitiveness.
See More
Super Hi International to Hold Annual General Meeting
- Annual General Meeting Scheduled: Super Hi International will hold its annual general meeting on June 12, 2026, at 11 a.m. Hong Kong Time, aimed at reviewing and passing the proposed resolutions, ensuring shareholder participation in corporate governance.
- Shareholder Voting Rights: Ordinary shareholders as of April 27, 2026, are entitled to attend and vote, while American Depositary Share holders must submit voting instructions to Citibank, reflecting the company's commitment to shareholder voting rights.
- Financial Report Submission: The company filed its Form 20-F and audited financial statements for the fiscal year ended December 31, 2025, with the SEC on April 13, 2026, ensuring transparency and compliance with regulatory requirements, thereby enhancing investor confidence.
- Global Brand Influence: Super Hi operates 126 Haidilao restaurants across 14 countries, and since its establishment in 1994, it has been recognized as one of the
See More
Super Hi International Q4 2025 Earnings Call Insights
- Customer Traffic Growth: In Q4 2025, Super Hi International reported customer traffic of 8.31 million, indicating significant progress in enhancing customer experience and optimizing product cost performance, thereby strengthening its competitive position in the market.
- Revenue and Profitability: The total revenue for 2025 was $840.8 million, with Haidilao restaurant operating revenue at $790 million; despite rising raw material costs, the company achieved a gross margin of 66.6%, demonstrating effective cost control measures.
- Brand Expansion and Innovation: The company opened 13 new stores and closed 9 in 2025, ending with 126 overseas Haidilao locations, while “other business revenue” increased by 61.4% year-on-year, reflecting the success of its diversification strategy.
- Future Outlook and Strategy: Management did not provide specific revenue or profit guidance for 2026, emphasizing a shift in investment strategy from expansion to optimization, ensuring that customer and employee benefits remain unaffected, which demonstrates a commitment to long-term sustainable growth.
See More
Super Hi International Holding Ltd. Q1 2026 Earnings Call Insights
- Significant Revenue Growth: Super Hi International reported total revenue of RMB 226 million in Q1 2026, reflecting a 14.2% year-over-year increase, with restaurant revenue accounting for 90.4%, indicating robust performance in core operations and stable market demand.
- Increased Customer Traffic: The company recorded over 8.1 million customer visits this quarter, with same-store sales rising by 4%, demonstrating positive outcomes in enhancing customer experience and service quality, thereby solidifying its market position.
- Diversification Contributions: The delivery business and the Red Pomegranate Project saw a remarkable year-over-year growth of 130.9%, showcasing the company's success in expanding into new business areas, which enhances overall revenue stability and risk resilience.
- Prudent Expansion Strategy: Management emphasized a quality-first approach to future expansion, with a pipeline of double-digit new stores but no specific numbers provided, indicating a cautious and stable growth strategy to ensure long-term sustainability.
See More
Super Hi International Q1 2026 Financial Highlights
- Revenue Growth: Super Hi International reported Q1 2026 revenue of $225.93 million, reflecting a 14.2% year-over-year increase and surpassing market expectations by $10.35 million, indicating strong market performance.
- Store Expansion: The company opened one new Haidilao restaurant in Southeast Asia, bringing the total to 127 as of March 31, 2026, demonstrating its ongoing strategic expansion in regional markets.
- Increased Guest Visits: The total guest visits exceeded 8.1 million in Q1, representing a 3.8% increase, which suggests effective strategies in attracting customers are yielding positive results.
- Same-Store Sales Growth: Same-store sales reached $183.5 million, up 4.0% year-over-year, showcasing the company's success in maintaining performance at existing locations and further solidifying its market position.
See More
Super Hi International Reports Strong Q1 Financial Results
- Significant Revenue Growth: In Q1 2026, Super Hi International reported revenue of $225.9 million, a 14.2% increase year-over-year, indicating successful expansion strategies in international markets that enhance its competitive edge.
- Operational Efficiency Improvement: The overall average table turnover rate reached 4 times per day, up from 3.9 times in the same period of 2025, demonstrating a notable enhancement in restaurant operational efficiency, which further drives customer satisfaction and repeat visits.
- Steady Same-Store Sales: Same-store sales amounted to $183.5 million, reflecting a 4.0% year-over-year increase, showcasing strong performance in existing markets and laying a solid foundation for future growth.
- Rapid Growth in Delivery Business: Delivery revenue reached $7.3 million, up 82.5%, primarily due to optimized market demand and strategic collaborations with local delivery platforms, highlighting the company's success in diversifying its revenue streams.
See More
Super Hi International to Report Q1 2026 Financial Results
- Earnings Report Schedule: Super Hi International will release its unaudited financial results for Q1 FY2026 on May 20, 2026, before U.S. market open, which is expected to provide critical performance data for investors to assess the company's financial health.
- Conference Call Timing: The company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 20, 2026 (8:00 PM Singapore/Hong Kong Time), where they will discuss financial results in detail, enhancing transparency and engaging with investors.
- Webcast Availability: The conference call will feature live webcasts in both English and Chinese, ensuring global investors can participate, thereby improving communication efficiency and facilitating timely information dissemination between the company and its stakeholders.
- Global Brand Influence: Super Hi operates 126 self-owned Haidilao restaurants across 14 countries, and with its unique dining experience and exceptional service, it has become one of the world's most valuable restaurant brands, showcasing strong market competitiveness.
See More
Super Hi International to Hold Annual General Meeting
- Annual General Meeting Scheduled: Super Hi International will hold its annual general meeting on June 12, 2026, at 11 a.m. Hong Kong Time, aimed at reviewing and passing the proposed resolutions, ensuring shareholder participation in corporate governance.
- Shareholder Voting Rights: Ordinary shareholders as of April 27, 2026, are entitled to attend and vote, while American Depositary Share holders must submit voting instructions to Citibank, reflecting the company's commitment to shareholder voting rights.
- Financial Report Submission: The company filed its Form 20-F and audited financial statements for the fiscal year ended December 31, 2025, with the SEC on April 13, 2026, ensuring transparency and compliance with regulatory requirements, thereby enhancing investor confidence.
- Global Brand Influence: Super Hi operates 126 Haidilao restaurants across 14 countries, and since its establishment in 1994, it has been recognized as one of the
See More
Super Hi International Q4 2025 Earnings Call Insights
- Customer Traffic Growth: In Q4 2025, Super Hi International reported customer traffic of 8.31 million, indicating significant progress in enhancing customer experience and optimizing product cost performance, thereby strengthening its competitive position in the market.
- Revenue and Profitability: The total revenue for 2025 was $840.8 million, with Haidilao restaurant operating revenue at $790 million; despite rising raw material costs, the company achieved a gross margin of 66.6%, demonstrating effective cost control measures.
- Brand Expansion and Innovation: The company opened 13 new stores and closed 9 in 2025, ending with 126 overseas Haidilao locations, while “other business revenue” increased by 61.4% year-on-year, reflecting the success of its diversification strategy.
- Future Outlook and Strategy: Management did not provide specific revenue or profit guidance for 2026, emphasizing a shift in investment strategy from expansion to optimization, ensuring that customer and employee benefits remain unaffected, which demonstrates a commitment to long-term sustainable growth.
See More
