Jiumaojiu International Holdings Ltd Ordinary Shares
09922: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| g.q | LOCK|JtH | LOCK|!x@kT#H |
Jiumaojiu: Struggles Continue Amid Weak Macro Environment and Overexpansion; Fair Value Slashed 33%
Jiumaojiu reports disappointing fourth-quarter 2024 operating figures with same-store sales declining by over 20% year on year, significantly underperforming the industry average. Tai Er's same-store sales declined 25%, Song Hotpot sales dropped 27%, and the Jiumaojiu brand's sales fell 19%.
