HaiDiLao Share Hits a Record High in Intraday Trading

After a Stellar 2020, New Growth Catalysts Emerge for Dada Nexus

Resulting from its Nasdaq IPO in June and follow-on offering in December, the JD.com-affiliated O2O company found itself with sufficient cash on hand to keep expanding in the ample Chinese market.

Haidilao 2020 Net Profit Down 86.8% YoY, Per Capita Consumption at CNY 110

Due to the pandemic, Haidilao, a Chinese hotpot restaurant chain, lost CNY 965 million in the first half of 2020. Although the overall net profit has declined, Haidilao's full-year net profit has actually increased in the second half of the year. The average table turnover rate in the second half of 2020 has also rebounded to more than 75% of the same period in 2019.

Haidilao Reports 90% Decline in Net Profit, Even after Share Price Went Up 133% in 2020

On March 1, 2021, Chinese Hotpot Restaurant chain Haidilao International Holdings Co., Ltd. announced that its net profit is expected to register a drop of 90% on the Hong Kong Stock Exchange for 2020.

Haidilao: Value for Service – Initiate with Hold

In China's post-epidemic era, chain restaurants' businesses are about to bounce back.

Haidilao: Revenue Down 20% under Pandemic

Haidilao was not spared as the food and beverage track was affected severely by the epidemic.