HAIDILAO (06862) announces its full-year performance for 2025: revenue of 43.225 billion yuan, with significant growth in revenue from other restaurants.

On March 24th, HAIDILAO (06862) announced its full-year performance for 2025. The announcement shows that the company achieved revenue of 43.225 billion yuan, a year-on-year increase of 1.1%; net profit for the year was 4.042 billion yuan, with core operating profit of 5.403 billion yuan. Looking at the operational fundamentals, HAIDILAO's main brands maintained stable development. By the end of 2025, the company operated a total of 1,383 restaurants, including 1,304 self-operated stores and 79 franchise stores. The overall turnover rate of self-operated stores for the year was 3.9 times per day, serving over 380 million customers with an average consumption of 97.7 yuan per person. In terms of business structure, diversified businesses have become an important source of growth. The announcement shows that in 2025, HAIDILAO's takeaway business revenue reached 2.658 billion yuan, a year-on-year increase of 111.9%; other restaurant operating income reached 1.521 billion yuan, a year-on-year increase of 214.6%. By the end of the year, in addition to the HAIDILAO brand, the company had operated 20 other food and beverage sub-brands, totaling 207 restaurants. Following the "Differentiated HAIDILAO" strategy, HAIDILAO continues to explore at the store and product levels. Targeting different consumption scenarios, the company has created various store models such as Fresh Cut Shop, Late-night Snack Shop, Parent-child Shop, and Pet-Friendly Shop, with over 200 specialty themed stores renovated. At the same time, through the "National + Regional" dual-driven mechanism to promote product updates, several major categories like Fresh Cut Seafood, Fresh Cut Beef, Fresh Cut Chicken, and Fresh Cut Pork have been introduced, with over 100 regional specialty products. The takeaway business has become another highlight. HAIDILAO continues to expand in categories, stores, time slots, channels, etc., with over 1,200 takeaway outlets nationwide, gradually forming a dual-driven pattern of "in-store + at-home". In terms of organizational and capability building, HAIDILAO continues to promote digitization and organizational upgrading. The company has built a collaborative system around the "front-end + middle-end + back-end", and is planning to establish a "foodservice ecological intelligent middle-end", driving operational management towards greater refinement through AI empowerment, data-driven decision-making, and end-to-end collaboration. HAIDILAO stated that it will continue to adhere to "customer first, employee second" and will continue to focus on refined management, multi-brand collaboration, and digital capability building to continuously enrich consumption scenarios and product supply, promoting stable business development.