DB:0XI

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Xiabuxiabu Catering Management (China) Holdings

Executive Summary

Xiabuxiabu Catering Management (China) Holdings Co., Ltd., an investment holding company, operates Chinese hotpot restaurants in the People’s Republic of China.


Snowflake Analysis

Flawless balance sheet with high growth potential.

Share Price & News

How has Xiabuxiabu Catering Management (China) Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0XI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.9%

0XI

-1.7%

DE Hospitality

0.2%

DE Market


1 Year Return

-30.6%

0XI

-34.4%

DE Hospitality

4.5%

DE Market

Return vs Industry: 0XI exceeded the German Hospitality industry which returned -34.4% over the past year.

Return vs Market: 0XI underperformed the German Market which returned 4.5% over the past year.


Shareholder returns

0XIIndustryMarket
7 Day-6.9%-1.7%0.2%
30 Day-5.9%-7.9%6.4%
90 Day11.5%9.7%16.9%
1 Year-29.7%-30.6%-31.5%-34.4%6.8%4.5%
3 Year12.9%7.6%-48.8%-55.8%3.0%-5.0%
5 Year125.9%103.0%-50.9%-61.2%9.9%-4.8%

Price Volatility Vs. Market

How volatile is Xiabuxiabu Catering Management (China) Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Xiabuxiabu Catering Management (China) Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 0XI (€0.88) is trading below our estimate of fair value (€2.18)

Significantly Below Fair Value: 0XI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 0XI is poor value based on its PE Ratio (26.5x) compared to the DE Hospitality industry average (20.2x).

PE vs Market: 0XI is poor value based on its PE Ratio (26.5x) compared to the German market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: 0XI is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: 0XI is overvalued based on its PB Ratio (3.2x) compared to the DE Hospitality industry average (2x).


Next Steps

Future Growth

How is Xiabuxiabu Catering Management (China) Holdings forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

52.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0XI's forecast earnings growth (52.1% per year) is above the savings rate (0.2%).

Earnings vs Market: 0XI's earnings (52.1% per year) are forecast to grow faster than the German market (22.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 0XI's revenue (16.2% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: 0XI's revenue (16.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 0XI's Return on Equity is forecast to be high in 3 years time (21%)


Next Steps

Past Performance

How has Xiabuxiabu Catering Management (China) Holdings performed over the past 5 years?

17.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0XI has high quality earnings.

Growing Profit Margin: 0XI's current net profit margins (4.8%) are lower than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: 0XI's earnings have grown by 17.3% per year over the past 5 years.

Accelerating Growth: 0XI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 0XI had negative earnings growth (-37.7%) over the past year, making it difficult to compare to the Hospitality industry average (-15.6%).


Return on Equity

High ROE: 0XI's Return on Equity (12.2%) is considered low.


Next Steps

Financial Health

How is Xiabuxiabu Catering Management (China) Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 0XI's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.7B).

Long Term Liabilities: 0XI's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥1.5B).


Debt to Equity History and Analysis

Debt Level: 0XI is debt free.

Reducing Debt: 0XI has not had any debt for past 5 years.

Debt Coverage: 0XI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 0XI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Xiabuxiabu Catering Management (China) Holdings's current dividend yield, its reliability and sustainability?

1.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 0XI's dividend (1.51%) is higher than the bottom 25% of dividend payers in the German market (1.24%).

High Dividend: 0XI's dividend (1.51%) is low compared to the top 25% of dividend payers in the German market (3.77%).


Stability and Growth of Payments

Stable Dividend: 0XI has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 0XI's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40%), 0XI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 0XI's dividends in 3 years are forecast to be well covered by earnings (49.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Yi Zhao (51yo)

0.92

Tenure

CN¥1,730,000

Compensation

Ms. Yi Zhao has been Chief Executive Officer and Executive Director of Xiabuxiabu Catering Management (China) Holdings Co., Ltd. since August 29, 2019. Ms. Zhao served as the Chief Financial Officer of Xia ...


CEO Compensation Analysis

Compensation vs Market: Yi's total compensation ($USD247.05K) is below average for companies of similar size in the German market ($USD1.30M).

Compensation vs Earnings: Insufficient data to compare Yi's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Kuang-Chi Ho
Chairman of the Boardno dataCN¥4.67m41.81% CN¥403.2m
Yi Zhao
CEO & Executive Director0.92yrCN¥1.73mno data
Xiaofang Yu
Acting Chief Financial Officer0.92yrno datano data
Xiaohong Chang
Head of Quality Control Departmentno datano datano data
Sau Mei Ng
Company Secretary5.67yrsno datano data

0.9yrs

Average Tenure

47yo

Average Age

Experienced Management: 0XI's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kuang-Chi Ho
Chairman of the Boardno dataCN¥4.67m41.81% CN¥403.2m
Yi Zhao
CEO & Executive Director0.92yrCN¥1.73mno data
Sze Man Cheung
Independent Non-Executive Director5.67yrsCN¥213.00kno data
Chi Zhang
Non-Executive Director2.92yrsCN¥205.00kno data
Hui-Yun Hsieh
Independent Non-Executive Director5.67yrsCN¥213.00kno data
Ping Cho Hon
Independent Non-Executive Director5.67yrsCN¥213.00kno data
Su-Yin Chen
Non-Executive Director7.58yrsCN¥213.00kno data
Jie Li
Alternate Director2.08yrsno datano data

5.7yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 0XI's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Xiabuxiabu Catering Management (China) Holdings Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
  • Ticker: 0XI
  • Exchange: DB
  • Founded: 1998
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: HK$8.518b
  • Listing Market Cap: HK$964.237m
  • Shares outstanding: 1.08b
  • Website: https://www.xiabu.com

Number of Employees


Location

  • Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
  • Suncun Industrial Development Zone
  • Huangcun Town
  • Beijing
  • Beijing Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
520SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2014
0XIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2014
520SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDDec 2014
520SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDDec 2014

Biography

Xiabuxiabu Catering Management (China) Holdings Co., Ltd., an investment holding company, operates Chinese hotpot restaurants in the People’s Republic of China. As of December 31, 2019, the company owned and operated 1,022 restaurants under the Xiabuxiabu brand name in 108 cities in approximately 20 provinces and 3 centrally administered municipalities; and 102 restaurants under the Coucou brand name in Jiangsu, Hubei, Hunan, Henan, Hebei, Shandong, Shanxi, Fujian, Shaanxi, Zhejiang, Yunnan, Anhui, and Guangdong provinces, as well as in Beijing and Shanghai municipalities. It also offers catering services; and sells condiment products and other goods. In addition, the company engages in the slaughtering, processing, cold storage, and sale of raw materials. The company was founded in 1998 and is headquartered in Beijing, the People’s Republic of China. Xiabuxiabu Catering Management (China) Holdings Co., Ltd. is a subsidiary of Ying Qi Investments Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/14 21:37
End of Day Share Price2020/07/14 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.