[Broker Focus] GF Securities first gave Haidilao (06862) a “buy” rating indicating that it is expected to cultivate new performance growth points

Jinwu Financial News | According to the Guangfa Securities Research Report, Haidilao (06862) has been deeply involved in the hot pot industry for 30 years and has the highest market share in the hot pot industry. According to the company's financial reports, the company had 1,374 Haidilao restaurants by the end of the year, and the company served nearly 400 million customers in '23. After rapid expansion, the company faced difficulties such as store diversion and increased management difficulties. The turnover rate and single-store profit declined. As a result, the regional management system was restarted in '21, and the “Woodpecker Plan” was announced to close or shut down some stores, slow down the progress of store expansion and continue to polish the store and management system. Since then, store operations have gradually picked up, according to the company's finances

金吾財訊Apr 23 03:10 ET

Changes in Hong Kong stocks | Yihai International (01579) rose more than 5%, leading the rise in catering stocks, and the demand for food and beverage consumption is expected to be released sharply as the May 1st holiday approaches

Catering stocks picked up collectively. As of press release, Yihai International (01579) rose 5.64% to HK$15.36; Haidilao (06862) rose 4% to HK$16.66; Helens (09869) rose 3.83% to HK$2.98; and Jiumaojiu (09922) rose 3.5% to HK$4.73.

Zhitong FinanceApr 23 02:11 ET

Zheshang Securities: Relevant catering tracks are still very popular, the food has a sea-view atmosphere, and great potential

Categories such as fast food/hot pot/tea are still booming, and the brand and supply chain are expected to win.

Zhitong FinanceApr 19 03:38 ET

[Broker Focus] Huaxing Securities cut Haidilao (06862) target price by 15%, indicating that its performance stability under the franchise model is yet to be verified

Jinwu Financial News | According to Huaxing Securities Research, Haidilao (06862)'s turnover rate improved to 3.8 times per day, corresponding to an average of 290,000 shoppers, and basically recovered to the level of 19, verifying the effectiveness of a series of management changes implemented earlier, from product iteration and marketing customer acquisition, to salary structure adjustment and store operation. Currently, it is also continuing to explore ways to increase repeat purchases and expand new customers, further quantify the potential customer base around the store, identify more than 130 million potential customers around the store, and combine it with 3 km to the store Differentiation of indicators such as frequency and membership level Push marketing strategies to go further

金吾財訊Apr 12 05:21 ET

Anxin International: Maintaining the target price of HK$24.2 for the “buy” rating of Haidilao (06862)

Anxin International believes that Haidilao is still one of the most valuable brands in the hot pot industry.

Zhitong FinanceApr 8 21:42 ET

Haidilao International: A Buy Rating With Expansion Potential and Attractive Dividend Prospects

TipRanksApr 8 05:55 ET