HDL
HDL
SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $225.93M ▼ | $58.02M ▲ | $4.09M ▼ | 1.81% ▼ | $0.07 ▼ | $32.64M ▼ |
| Q4-2025 | $230.33M ▲ | $40.63M ▼ | $4.47M ▲ | 1.94% ▲ | $0.1 ▲ | $33.2M ▲ |
| Q3-2025 | $214.05M ▲ | $59.02M ▲ | $3.61M ▼ | 1.69% ▼ | $0.06 ▼ | $30.57M ▲ |
| Q2-2025 | $198.95M ▲ | $12.17M ▲ | $16.41M ▲ | 8.25% ▲ | $0.25 ▲ | $25.43M ▼ |
| Q1-2025 | $197.78M | $8.59M | $11.94M | 6.04% | $0.02 | $27.11M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $274.69M ▲ | $742.45M ▼ | $342.87M ▼ | $395.82M ▲ |
| Q4-2025 | $271.99M ▲ | $745.88M ▲ | $354.24M ▲ | $390.1M ▲ |
| Q3-2025 | $267.29M ▲ | $719.6M ▲ | $337.56M ▲ | $380.5M ▲ |
| Q2-2025 | $258.47M ▲ | $702.44M ▲ | $327.53M ▲ | $373.36M ▲ |
| Q1-2025 | $253.25M | $684.65M | $316.87M | $366.21M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $0 ▼ | $26.6M ▲ | $37.51M ▲ | $-11.71M ▲ | $53.54M ▲ | $26.6M ▲ |
| Q1-2025 | $11.94M ▲ | $19.69M ▼ | $-55.6M ▼ | $-14.83M ▼ | $-49.79M ▼ | $22.49K ▼ |
| Q4-2024 | $-11.25M ▼ | $31M ▼ | $23.35M ▼ | $-8.81M ▲ | $39.56M ▼ | $12.82M ▼ |
| Q3-2024 | $38.09M ▲ | $40.7M ▲ | $41.31M ▲ | $-11.44M ▼ | $74.5M ▲ | $40.7M ▲ |
| Q2-2024 | $-125.68K | $23.93M | $-18.68M | $45.25M | $50.68M | $23.93M |
What's strong about this company's cash flow?
Last quarter, the company generated positive cash flow and profits. If operations can recover, there is a history of cash generation.
What are the cash flow concerns?
This quarter, the company burned through all its cash and generated no operating cash flow, despite reporting profits. Without new funding, it cannot continue operating.
Q1 2026 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares's financial evolution and strategic trajectory over the past five years.
Financially, the company combines positive earnings with strong cash generation, a net cash position, and ample liquidity, giving it resilience and flexibility. Operationally, it benefits from a powerful brand in its niche, a highly distinctive service culture, and a tightly integrated supply chain. Its use of automation, AI, and a large loyalty app enhances both efficiency and customer stickiness. Together, these factors position it as a differentiated and well‑capitalized player in the international restaurant space.
Key concerns include relatively modest net margins once overhead is considered, meaning less room for error if sales slow or costs rise. The absence of accumulated retained earnings hints at a short or uneven profitability history. High overhead, no clearly delineated R&D budget, and rapid international expansion—especially via franchising—introduce execution and governance risks. The business also operates in a competitive, discretionary spending sector exposed to economic cycles, changing tastes, and cost inflation, any of which could pressure returns.
The overall picture is of a company with a proven concept, strong cash and liquidity, and a distinctive brand and service proposition, now entering a phase of accelerated international scaling and deeper technology integration. If management can control overhead, preserve service quality across new markets, and continue to leverage automation and data, there is room for operational leverage and brand expansion. At the same time, the cyclicality of restaurant demand, intense competition, and the operational complexity of franchising and global growth mean future outcomes carry meaningful uncertainty and warrant close ongoing monitoring rather than simple extrapolation from the latest year.
About SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares
https://www.superhiinternational.comSuper Hi International Holding Ltd., functioning as an investment holding entity, manages and operates a global chain of Haidilao-branded Chinese hot pot restaurants. Its culinary reach extends across various regions, including Asia, North America, Europe, and Oceania.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $225.93M ▼ | $58.02M ▲ | $4.09M ▼ | 1.81% ▼ | $0.07 ▼ | $32.64M ▼ |
| Q4-2025 | $230.33M ▲ | $40.63M ▼ | $4.47M ▲ | 1.94% ▲ | $0.1 ▲ | $33.2M ▲ |
| Q3-2025 | $214.05M ▲ | $59.02M ▲ | $3.61M ▼ | 1.69% ▼ | $0.06 ▼ | $30.57M ▲ |
| Q2-2025 | $198.95M ▲ | $12.17M ▲ | $16.41M ▲ | 8.25% ▲ | $0.25 ▲ | $25.43M ▼ |
| Q1-2025 | $197.78M | $8.59M | $11.94M | 6.04% | $0.02 | $27.11M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $274.69M ▲ | $742.45M ▼ | $342.87M ▼ | $395.82M ▲ |
| Q4-2025 | $271.99M ▲ | $745.88M ▲ | $354.24M ▲ | $390.1M ▲ |
| Q3-2025 | $267.29M ▲ | $719.6M ▲ | $337.56M ▲ | $380.5M ▲ |
| Q2-2025 | $258.47M ▲ | $702.44M ▲ | $327.53M ▲ | $373.36M ▲ |
| Q1-2025 | $253.25M | $684.65M | $316.87M | $366.21M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $0 ▼ | $26.6M ▲ | $37.51M ▲ | $-11.71M ▲ | $53.54M ▲ | $26.6M ▲ |
| Q1-2025 | $11.94M ▲ | $19.69M ▼ | $-55.6M ▼ | $-14.83M ▼ | $-49.79M ▼ | $22.49K ▼ |
| Q4-2024 | $-11.25M ▼ | $31M ▼ | $23.35M ▼ | $-8.81M ▲ | $39.56M ▼ | $12.82M ▼ |
| Q3-2024 | $38.09M ▲ | $40.7M ▲ | $41.31M ▲ | $-11.44M ▼ | $74.5M ▲ | $40.7M ▲ |
| Q2-2024 | $-125.68K | $23.93M | $-18.68M | $45.25M | $50.68M | $23.93M |
What's strong about this company's cash flow?
Last quarter, the company generated positive cash flow and profits. If operations can recover, there is a history of cash generation.
What are the cash flow concerns?
This quarter, the company burned through all its cash and generated no operating cash flow, despite reporting profits. Without new funding, it cannot continue operating.
Q1 2026 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares's financial evolution and strategic trajectory over the past five years.
Financially, the company combines positive earnings with strong cash generation, a net cash position, and ample liquidity, giving it resilience and flexibility. Operationally, it benefits from a powerful brand in its niche, a highly distinctive service culture, and a tightly integrated supply chain. Its use of automation, AI, and a large loyalty app enhances both efficiency and customer stickiness. Together, these factors position it as a differentiated and well‑capitalized player in the international restaurant space.
Key concerns include relatively modest net margins once overhead is considered, meaning less room for error if sales slow or costs rise. The absence of accumulated retained earnings hints at a short or uneven profitability history. High overhead, no clearly delineated R&D budget, and rapid international expansion—especially via franchising—introduce execution and governance risks. The business also operates in a competitive, discretionary spending sector exposed to economic cycles, changing tastes, and cost inflation, any of which could pressure returns.
The overall picture is of a company with a proven concept, strong cash and liquidity, and a distinctive brand and service proposition, now entering a phase of accelerated international scaling and deeper technology integration. If management can control overhead, preserve service quality across new markets, and continue to leverage automation and data, there is room for operational leverage and brand expansion. At the same time, the cyclicality of restaurant demand, intense competition, and the operational complexity of franchising and global growth mean future outcomes carry meaningful uncertainty and warrant close ongoing monitoring rather than simple extrapolation from the latest year.

CEO
Liu Li
Compensation Summary
(Year )
Upcoming Earnings
Ratings Snapshot
Rating : B-
Price Target
Institutional Ownership
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Shares:268.34K
Value:$3.3M
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Shares:29.64K
Value:$364.21K
JANE STREET GROUP, LLC
Shares:21.82K
Value:$268.18K
Summary
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