Core Insights - The company reported a revenue of $214 million for Q3 2025, representing a year-on-year increase of 7.8% [1] - Profit attributable to owners decreased by 90.43% to $3.609 million, with earnings per share at $0.01 [1] Group 1: Restaurant Operations - The company opened 2 new Haidilao restaurants in Q3 2025, closed 1 due to lease expiration, and converted another to a second brand restaurant [1] - As of the end of Q3 2025, the total number of Haidilao restaurants remained at 126, unchanged from the previous quarter [1] Group 2: Performance Metrics - The overall average table turnover rate was 3.9 times per day, compared to 3.8 times per day in the same period of 2024 [1] - Same-store average table turnover rate increased to 4.0 times per day from 3.9 times per day in 2024 [1] - Total customer traffic exceeded 8.1 million, a year-on-year increase of 9.5% from 7.4 million in 2024 [1] - Same-store sales amounted to $182 million, up 2.3% from $178 million in 2024 [1]

Core Insights - The company reported a revenue of $214.0 million for Q3 2025, representing a 7.8% increase compared to $198.6 million in the same period of 2024 [1] - Operating profit decreased by 15.4% year-on-year to $12.6 million, although it showed a significant quarter-on-quarter improvement of 240.5% [1]

Group 1 - The core point of the article is that 特海国际 (Tianhai International) reported a revenue increase of 7.8% for Q3 2025 compared to Q3 2024, reaching 214.0 million USD [1] - The operating profit for the same period was 12.6 million USD, which represents a year-on-year decrease of 15.4% [1] - However, there was a significant quarter-on-quarter improvement in operating profit, with an increase of 240.5% [1]

Core Insights - The company reported a revenue of $214 million for Q3 2025, representing a year-on-year increase of 7.8% [1] - Profit attributable to shareholders was $3.609 million, a significant decrease of 90.43% year-on-year, with earnings per share at $0.01 [1] Restaurant Operations - In Q3 2025, the company opened 2 new Haidilao restaurants, closed 1 due to lease expiration, and converted another to a second brand restaurant, maintaining a total of 126 Haidilao restaurants [1] - The total number of new Haidilao restaurants opened in the year reached 10, keeping the operational count stable compared to the previous quarter [1] Performance Metrics - The overall average table turnover rate was 3.9 times per day, up from 3.8 times per day in the same period of 2024 [1] - Same-store average table turnover rate increased to 4.0 times per day, compared to 3.9 times per day in 2024 [1] - Total customer traffic exceeded 8.1 million, reflecting a year-on-year growth of 9.5% from 7.4 million in 2024 [1] - Same-store sales amounted to $182 million, a 2.3% increase from $178 million in 2024 [1]

Core Insights - The company reported a revenue of $214 million for the three months ending September 30, 2025, representing a 7.8% increase compared to $199 million in the same period of 2024 [1] Revenue Breakdown - Revenue from Haidilao restaurants was $200.7 million, up 5.1% from $190.9 million in 2024, driven by business expansion and enhanced brand influence, as well as efforts to increase customer traffic and table turnover [1] - The takeaway business generated $4.4 million, a significant increase of 69.2% from $2.6 million in 2024, attributed to continuous optimization of takeaway products and services based on market demand, along with strategic marketing collaborations with local takeaway platforms [1] - Other business revenue reached $8.9 million, up 74.5% from $5.1 million in 2024, primarily due to the growing popularity of hot pot condiments among local customers and retailers, and ongoing exploration of second brand restaurants under the "Pomegranate Plan" diversification strategy [1] Profitability - The company reported a profit of $3.6 million for the period, down from $37.7 million in the same quarter of 2024, with the decrease largely attributed to a significant increase in foreign exchange losses, which rose by $31.7 million compared to the previous year, mainly due to currency fluctuations [2]

Revenue and Sales Performance - Revenue for Q3 2025 was $214.0 million, an increase of 7.8% compared to $198.6 million in Q3 2024[9]. - Total customer traffic exceeded 8.1 million, a year-on-year increase of 9.5% from 7.4 million in Q3 2024[9]. - Same-store sales reached $182.2 million, up 2.3% from $178.1 million in the same period last year[9]. - Total revenue for the three months ended September 30, 2025, was $214.048 million, an increase from $198.616 million in the same period of 2024, representing a growth of 7.2%[21]. - Same-store sales totaled $182.178 million, compared to $178.129 million in 2024, showing an increase of 2.9%[17]. - Average daily revenue per restaurant was $18.0 thousand, an increase from $17.7 thousand in the same period last year, indicating a growth of 1.7%[14]. - Takeout revenue increased by 69.2% to $4.4 million, driven by optimized services and strategic marketing partnerships[10]. - Other business revenue grew by 74.5% to $8.9 million, attributed to the popularity of hot pot seasonings and diversification strategies[10]. Profitability and Costs - Operating profit was $12.6 million, down 15.4% from $14.9 million in Q3 2024, but increased by 240.5% from the previous quarter[9][10]. - Operating profit margin was 5.9%, a decrease of 1.6 percentage points from 7.5% in Q3 2024[9][11]. - Employee costs rose to $71.0 million, a 7.9% increase from $65.8 million in the same quarter last year[11]. - Net profit for the quarter was $3.6 million, significantly down from $37.7 million in Q3 2024, primarily due to increased foreign exchange losses[12]. - Pre-tax profit for the quarter was $6.303 million, a significant decrease from $41.220 million in the same period of 2024[21]. - The net profit for the period was $3.593 million, down from $37.656 million in the previous year, reflecting a decline of 90.5%[21]. - Basic and diluted earnings per share were $0.01, a decrease from $0.06 in the same period last year[21]. Assets and Liabilities - As of September 30, 2025, total non-current assets amounted to $378.885 million, an increase from $361.198 million as of December 31, 2024, reflecting a growth of approximately 4.7%[22]. - Current assets reached $340.715 million, up from $323.227 million, indicating a growth of about 5.4%[22]. - Total liabilities increased to $202.925 million as of September 30, 2025, compared to $194.196 million as of December 31, 2024, marking an increase of approximately 4%[23]. - The company's total equity rose to $382.039 million from $361.661 million, reflecting an increase of about 5.6%[23]. - The company reported a decrease in trade payables to $33.556 million from $30.711 million, indicating a rise of approximately 9.9%[22]. - The total inventory increased to $34.484 million from $31.521 million, representing a growth of about 9.3%[22]. - The deferred tax liabilities remained relatively stable at $7.490 million compared to $7.504 million, showing a negligible change[23]. Cash Flow - The net cash from operating activities for the three months ended September 30, 2025, was $34.142 million, a decrease from $40.699 million in the same period of 2024, representing a decline of approximately 16.5%[24]. - Cash and cash equivalents at the end of the period were $217.771 million, slightly down from $254.719 million, showing a decrease of about 14.5%[22]. - The net cash used in investing activities was $(62.517) million for the three months ended September 30, 2025, compared to $41.311 million generated in the same period of 2024[24]. Restaurant Operations - The number of total restaurants remained at 126, with 2 new openings and 1 closure during the quarter[9]. - The total number of restaurants increased to 126 as of September 30, 2025, compared to 121 in 2024, marking a growth of 4.1%[13]. - The average customer spending was $24.6, down from $25.8 in the previous year, representing a decrease of 4.7%[13].

SUPER HI INTERNATIONAL HOLDING LTD. 特海国际控股有限公司 （於開曼群島註冊成立的有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 電話會議將會以英文及中文進行網上直播。參與者可透過以下鏈接觀看網上直 播： 中文：https://edge.media-server.com/mmc/p/coc3zbff/lan/zhs 英文：https://edge.media-server.com/mmc/p/coc3zbff （香港交易所股份代號：9658；納斯達克股票代碼：HDL） 董事會會議日期 特海国际控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董 事」）會（「董事會」）謹此宣佈，董事會會議將於2025年11月26日（星期三）舉行， 藉以考慮及批准本集團截至2025年9月30日止三個月的未經審核財務業績（「第三 季度業績」）及其發佈。 本集團將於同日於香港聯合交易所有限公司（「聯交所」）交易時段 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 特海国际控股有限公司 呈交日期: 2025年11月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09658 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | USD | | 0.000005 USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 10,000,000,000 | USD | | 0.000005 USD | | 50,000 | 本月底法定/註冊股本總額： USD 50 ...

Group 1: Company Overview - The company, Tehai International, is the overseas listing platform for Haidilao Group, focusing on the international market with its first store opened in Singapore in 2012, leading the way for Chinese cuisine to expand globally [1] - In 2024, the company is projected to achieve revenue of $780 million, a year-on-year increase of 13.4%, and a net profit attributable to shareholders of $21.8 million [1] - By the end of 2024, the company plans to operate 122 stores, with a distribution of 73 in Southeast Asia, 19 in East Asia, 20 in North America, and 10 in other regions, maintaining a strong brand positioning and steady expansion [1] Group 2: Industry Insights - The overseas hot pot market is expected to reach a scale of $30 billion, supported by over 60 million overseas Chinese, while local consumers will also aid brand expansion [2] - The traditional Chinese dining industry abroad has low concentration, and hot pot, being a highly standardized Chinese cuisine, is likely to replicate the success of Westernized Chinese dining brands [2] - Tehai International is positioned as the largest Chinese dining brand, leveraging social media tools for further market penetration [2] Group 3: Growth Potential and Financial Projections - The company is expected to continue expanding its global store layout, with projections for the number of overseas stores to reach 129, 140, and 149 in 2025, 2026, and 2027 respectively [3] - Forecasted net profits for 2025-2027 are $49.45 million, $56.36 million, and $74.44 million, representing a compound annual growth rate of 50.6% [3] - The company is rated "Buy" based on its strong backing from Haidilao and the significant potential of the Chinese dining market abroad, with projected price-to-earnings ratios of 24, 21, and 16 for 2025-2027 [3]

Group 1 - The core viewpoint is that Tehai International, backed by Haidilao's strong capabilities, has significant potential in the overseas Chinese dining market, with an "overweight" rating given by Dongwu Securities [1] - The company is positioned as Haidilao's overseas listing platform, focusing on the international market with a steady expansion of its direct-operated stores, particularly in Southeast Asia [1][2] - Tehai International is expected to achieve a compound annual growth rate (CAGR) of 50.6% in net profit from 2025 to 2027, with projected net profits of $49.45 million, $56.36 million, and $74.44 million for those years [1] Group 2 - The overseas hot pot market is projected to reach $30 billion, supported by over 60 million overseas Chinese, which provides a strong foundation for the expansion of Chinese dining brands [2] - Haidilao is recognized as the leading hot pot brand, possessing a mature international operation and supply chain system, with an average store return period reduced to 5.1 years by 2024 [3] - The company employs a dual strategy of localization and traffic generation, leveraging brand ambassadors to enhance same-store sales [3]