UBS has released a research report indicating an upward revision of Yihai International's revenue forecasts for last year and this year by 1% each. The net profit forecast has been raised by 3% and 6%, respectively. The new projections imply a compound annual growth rate of 5% for revenue and 11% for net profit from 2025 to 2026. Based on a discounted cash flow analysis, UBS increased its target price for the company from HK$15.90 to HK$18.20 and reaffirmed its "Buy" rating. The bank has become more optimistic about Yihai's growth prospects, supported by the following factors: 1) a more positive outlook for catering demand in 2026, benefiting supply chain enterprises like Yihai; 2) a turnaround in related-party sales, with Haidilao's operations stabilizing from a low base; and 3) an expected improvement in profit margins following Yihai's price increase in the fourth quarter of 2025.