Haidilao International Holding Ltd
06862: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %p | LOCK|>n^ | LOCK|>K&sd^d |
Haidilao Earnings: Strong Profit Growth Despite Revenue Decline; Fair Value Estimate Raised by 11%
Haidilao reported its second-half 2024 earnings, with operating profit up 21% year on year, despite a 6% drop in revenue. Looking ahead to 2025, management expects to increase its restaurant count by midsingle digits year over year while maintaining a stable gross margin.
