Core Viewpoint - Company expects a significant reduction in net loss for the first half of the year, despite a decline in revenue, due to cost optimization and operational efficiency improvements [2][4]. Financial Performance - Estimated revenue for the first half of the year is approximately 1.9 billion yuan, a year-on-year decrease of about 18.9% [2]. - Expected net loss ranges from 80 million to 100 million yuan, a substantial decrease of 63.2% to 70.5% compared to a net loss of 274 million yuan in the same period last year [2]. - Cumulative losses over the past four years (2021-2024) amount to approximately 1.246 billion yuan, with the total loss expected to exceed 1.3 billion yuan when including the first half of this year [4]. Operational Strategy - The company has implemented several strategies to improve operational efficiency, including cost optimization, enhancing delivery network paths, and restructuring restaurant layouts [2]. - The company plans to open 65 new restaurants and close 138 underperforming locations in 2024, focusing on high-potential areas [2]. - The asset impairment loss related to closed and continuously loss-making restaurants is expected to decrease by approximately 64.1% year-on-year [2]. Market Position - The company's stock price has been declining, currently trading at 0.75 HKD, down 3.85%, with a total market capitalization of 815 million HKD [4].

Core Viewpoint - The company, Xiaobai Xiaobai, anticipates a revenue decline of approximately 18.9% year-on-year for the first half of the year, with expected losses between RMB 0.8 billion and RMB 1.0 billion, representing a year-on-year decrease in losses of about 63.2% to 70.5% [1] Financial Performance - For the year ended December 31, 2024, the company reported a revenue of RMB 4.75 billion, down from RMB 5.92 billion in 2023 [2] - The company has been experiencing continuous losses since 2021, with net losses of RMB 293 million in 2021, RMB 353 million in 2022, RMB 199 million in 2023, and an expected loss of RMB 401 million in 2024, totaling approximately RMB 1.33 billion in cumulative losses [2] Market Reaction - Following the announcement, the company's stock price fell by 3.85% to HKD 0.75 per share, with a total market capitalization of HKD 8.15 billion [3][4] - Since the peak in January 2023, the stock has declined over 92%, leading to its classification as a "penny stock" [3] Company Background - Founded in 1998, Xiaobai Xiaobai transformed the Taiwanese hot pot concept into a rotating hot pot format and went public in 2014, becoming the first listed chain hot pot company [6] - The company has launched several brands, including "Cha Mi Cha" in 2015, "Cou Cou" in 2016, and "Chen Shao" in 2022, with over 95% of revenue coming from Xiaobai Xiaobai and Cou Cou brands [6]

8月4日，呷哺呷哺发布公告，预计截至2025年6月30日止6个月的收入约为19亿元，较截至2024年6月30 日止6个月的收入减少约18.9%。同时，预计净亏损介于0.8亿元至1亿元之间，相较于2024年同期的净亏 损2.74亿元，降幅介于63.2%至70.5%之间。 对于亏损减少，呷哺呷哺归因于公司持续致力成本优化，以数字化供应链驱动结构性降本增效，依托采 集优势，打通供应商协同链路；持续升级新型物流枢纽及标准化流程，优化配送路径网络，实现运营效 率提升与综合成本下降。 此外，通过优化餐厅布局结构，包括关闭低效餐厅、新增餐厅重点聚焦高潜力区域等举措综合提升餐厅 运营效率，预计对关闭及持续亏损餐厅的资产减值损失计提金额较去年同期大幅下降约64.1%。 责任编辑：王翔 ...

Core Viewpoint - The company, Xiaobuxiang, is experiencing a significant decline in revenue and is projecting a net loss for the first half of the year, although the loss is expected to be less than in the previous year due to cost optimization efforts [1][2]. Financial Performance - The company anticipates a revenue of approximately 1.9 billion yuan for the first half of the year, representing a year-on-year decrease of about 18.9% [1]. - The projected net loss is between 80 million yuan and 100 million yuan, which is a reduction of 63.2% to 70.5% compared to a net loss of 274 million yuan in the same period of 2024 [1]. - Cumulatively, the company has incurred losses of 1.246 billion yuan over the past four years, with losses of 293 million yuan, 353 million yuan, 199 million yuan, and 401 million yuan from 2021 to 2024 [2]. Strategic Initiatives - The company is focusing on cost optimization through a digital supply chain to enhance operational efficiency and reduce costs [1]. - Measures include closing underperforming restaurants and opening new ones in high-potential areas, leading to a significant decrease in asset impairment losses related to closed and loss-making restaurants, expected to drop by about 64.1% compared to 2024 [1]. - The company has been implementing a prepaid consumption model to optimize discount outcomes and enhance profit margins [4]. Market Position and Challenges - Xiaobuxiang has been attempting to upgrade its brand to enter the high-end market since 2016, with a price increase strategy that has seen the average customer spending rise from 44.4 yuan in 2014 to 62.2 yuan in 2023, an increase of over 40% [4]. - Despite these efforts, consumer sensitivity to pricing is increasing, indicating a need for the company to focus on value for money [4]. - The company's stock price has seen a dramatic decline, falling from a historical high of approximately 25.75 HKD in February 2021 to a low of 0.60 HKD in June 2025, with the stock trading below 1 HKD for most of the year [5].

Group 1: Market Overview - The Hong Kong stock market opened lower but rebounded, with the Hang Seng Index closing at 24,627.25 points, up 119.44 points, or 0.49% [1] - The Hang Seng Tech Index also rose, closing at 5,447.62 points, up 50.22 points, or 0.93% [1] - Gold stocks in Hong Kong surged, with Shandong Gold and Chifeng Gold rising over 9% due to increased attractiveness of gold amid Fed rate cut expectations [1][16] Group 2: Company Performance - Xia Bo Xia Bo - Xia Bo Xia Bo, known as the "first rotating hot pot stock," announced a projected revenue of approximately RMB 1.9 billion for the first half of the year, a year-on-year decrease of about 18.9% [3] - The company expects a net loss between RMB 80 million to 100 million, with a year-on-year decline in losses of approximately 63.2% to 70.5% [3] - Since 2021, Xia Bo Xia Bo has faced continuous losses, accumulating a total loss of approximately RMB 1.326 billion from 2021 to 2024 [4] Group 3: Stock Performance - Xia Bo Xia Bo - Xia Bo Xia Bo's stock price fell nearly 4% in early trading, with a cumulative decline of over 92% since its peak in January 2023, leaving a market capitalization of only HKD 815 million [5] - The stock price was reported at HKD 0.75 per share, reflecting a drop of 3.85% [5][6] Group 4: Gold Market Dynamics - The recent surge in gold prices, with London gold spot prices rising over 2% to USD 3,362.64 per ounce, has been attributed to increasing expectations of a Fed rate cut [16] - This rise in gold prices has led to a significant increase in the stock prices of gold companies in Hong Kong, with several stocks rising over 8% [15][16] Group 5: InnoTek's Market Activity - InnoTek's stock price increased by over 40% in two trading days, driven by a partnership with NVIDIA to promote an 800 VDC power architecture for AI data centers [9][12] - The stock price reached HKD 62.65, with a market capitalization of HKD 56.03 billion [11]

Group 1 - The company, Xiaobuxiang, expects revenue for the six months ending June 30, 2025, to be approximately RMB 1.9 billion, representing a year-on-year decrease of about 18.9% [1] - The company anticipates a net loss ranging from approximately RMB 80 million to RMB 100 million, with a year-on-year decline in loss between approximately 63.2% and 70.5% [1]

Core Viewpoint - The company expects a significant reduction in net loss for the six months ending June 30, 2025, despite a decrease in revenue compared to the same period in 2024 [1] Financial Performance - Revenue is projected to be approximately 1.9 billion RMB, representing a decrease of about 18.9% compared to the same period in 2024 [1] - The net loss is estimated to be between 80 million to 100 million RMB, a substantial improvement from a net loss of 274 million RMB in 2024, reflecting a reduction of approximately 63.2% to 70.5% [1] Cost Optimization Strategies - The company attributes the expected reduction in net loss to ongoing cost optimization efforts, including digital supply chain initiatives aimed at structural cost reduction and efficiency improvement [1] - The company is leveraging collective procurement advantages to enhance supplier collaboration [1] - Upgrades to logistics hubs and standardized processes are being implemented to optimize delivery routes, thereby improving operational efficiency and reducing overall costs [1] Restaurant Operations - The company is optimizing restaurant layout by closing underperforming locations and opening new restaurants in high-potential areas to enhance operational efficiency [1] - The expected impairment losses related to the closure of underperforming restaurants and ongoing losses are projected to decrease significantly by approximately 64.1% compared to the same period in 2024 [1]

Core Viewpoint - The company expects a revenue of approximately 1.9 billion RMB in the first half of 2025, representing a year-on-year decline of 18.9% while net losses are projected to be between 80 million to 100 million RMB, significantly narrowing from a loss of 274 million RMB in the same period last year [1] Group 1: Financial Performance - Revenue for the first half of 2025 is anticipated to be around 1.9 billion RMB, down 18.9% year-on-year [1] - Projected net loss is between 80 million to 100 million RMB, a substantial reduction of 63.2% to 70.5% compared to last year's loss of 274 million RMB [1] Group 2: Operational Strategies - The company is implementing a restaurant network renewal strategy to optimize resources and improve efficiency by focusing on high-potential areas and closing underperforming outlets [1] - There is a focus on enhancing the instant delivery service ecosystem to drive business scale expansion and improve operational efficiency [1] - The company aims to strategically expand its prepaid consumption model to optimize discounts through dynamic value management, thereby increasing operational revenue and profit margins [1] - Collaboration with leading anime IPs is being pursued to reach younger consumer groups through co-branded products, store renovations, and digital marketing, aiming to rejuvenate brand vitality [1]

智通财经APP讯，呷哺呷哺(00520)发布公告，集团预期截至2025年6月30日止6个月收入约为人民币 19 亿元，相较于截至2024年6月30日止6个月收入减少约18.9%。相较于截至2024年6月30日止6个月集团取 得净亏损人民币2.74亿元，集团预期于截至2025年6月30日止6个月将取得净亏损介乎约人民币0.8亿元至 1.0亿元之间，亏损较2024年同期大幅收窄，降幅介乎约63.2%至70.5%之间。 集团一直确保现金流稳健及财务状况良好，同时推展各项营运管理，包括(i)实施餐厅网络焕新策略，通 过高潜力区域精准卡位与低效餐厅结构性出清，实现资源再配置及效率跃升，构筑精益化成本管理新範 式;(ii)深化即时配送服务生态布局，驱动业务规模高质量扩张与经营效益结构化提升;(iii)战略性拓展预 付式消费模式，通过动态价值治理机制优化折扣结果，实现经营收益增长与利润空间升维的协同共振; 及(iv)推进与头部动漫IP达成深度合作计划，通过联名产品开发、门店主题改造及数字化营销，深度触 达年轻消费群体，重塑品牌活力并构筑强劲增长新引擎。 集团截至2025年6月30日止6个月的净亏损大幅减少主要乃由于(i)集 ...

智通财经8月4日电，呷哺呷哺在港交所公告，预期上半年将录得净亏损介乎约人民币0.8亿元至1.0亿元 之间，亏损较2024年同期大幅收窄，降幅介乎约63.2%至70.5%之间。 ...