HAIDILAO (06862) announced its full-year results for 2025 on March 24. The report shows the company achieved annual revenue of 43.23 billion yuan, representing a 1.1% year-on-year increase. Net profit for the year was 4.04 billion yuan, while core operating profit reached 5.40 billion yuan.
Regarding its core operations, the main HAIDILAO brand maintained stable development. As of the end of 2025, the company operated 1,383 restaurants, consisting of 1,304 self-operated outlets and 79 franchised locations. The overall table turnover rate for self-operated stores throughout the year was 3.9 times per day, serving more than 380 million customers with an average spend per customer of 97.7 yuan.
Diversified business segments have become significant growth drivers. The company's delivery service revenue reached 2.66 billion yuan in 2025, surging 111.9% year-on-year. Revenue from other restaurant operations amounted to 1.52 billion yuan, marking a substantial 214.6% increase. By year-end, the company operated 207 restaurants under 20 distinct sub-brands in addition to the main HAIDILAO brand.
Aligning with its "Different HAIDILAO" strategy, the company continues to innovate in both store formats and product offerings. It has developed various store models tailored to different consumption scenarios, including fresh-cut ingredient stores, late-night dining venues, family-friendly restaurants, and pet-friendly locations. Over 200 themed store renovations have been completed.
Through a dual-driven mechanism combining national and regional approaches, HAIDILAO has introduced several major product categories such as fresh-cut seafood, beef, chicken, and pork, alongside more than 100 regional specialty items.
The delivery business emerged as another highlight. The company expanded its efforts across product categories, store networks, service hours, and distribution channels. With over 1,200 delivery points established nationwide, HAIDILAO is gradually forming a dual-driven pattern combining dine-in and delivery services.
In organizational and capability development, HAIDILAO continues to advance digitalization and structural upgrades. The company has established a collaborative system based on front-office, mid-office, and back-office functions, with plans to develop an "Intelligent Catering Ecosystem Mid-Office." This initiative leverages AI capabilities, data-driven decision-making, and full-chain coordination to enhance operational management precision.
HAIDILAO stated that it will continue to focus on both customer experience and employee development. The company aims to strengthen refined management, multi-brand synergy, and digital capability building while continuously enriching consumption scenarios and product offerings to drive steady business growth.