MIXUE Group

SEHK:2097 Stock Report

Market Cap: HK$56.7b

MIXUE Group Management

Management criteria checks 1/4

MIXUE Group's CEO is Hongfu Zhang, appointed in Dec 2017, has a tenure of 7.83 years. total yearly compensation is CN¥12.15M, comprised of 17.2% salary and 82.8% bonuses, including company stock and options. directly owns 14.2% of the company’s shares, worth HK$8.05B. The average tenure of the management team and the board of directors is 2.3 years and 1.8 years respectively.

Key information

Hongfu Zhang

Chief executive officer

CN¥12.1m

Total compensation

CEO salary percentage17.25%
CEO tenure7.8yrs
CEO ownership14.2%
Management average tenure2.3yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Earnings Update: MIXUE Group (HKG:2097) Just Reported Its Half-Yearly Results And Analysts Are Updating Their Forecasts

Sep 25
Earnings Update: MIXUE Group (HKG:2097) Just Reported Its Half-Yearly Results And Analysts Are Updating Their Forecasts

Earnings Beat: MIXUE Group (HKG:2097) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts

Aug 29
Earnings Beat: MIXUE Group (HKG:2097) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts

MIXUE Group will achieve 25% revenue growth in the next 3 years

TLDR: Able to generate sales and retain customers in a downturn mainly due to its low price point and franchise model as well as it's supply chain.Mixue has rapid expansion and several competitive adv

CEO Compensation Analysis

How has Hongfu Zhang's remuneration changed compared to MIXUE Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

CN¥5b

Mar 31 2025n/an/a

CN¥5b

Dec 31 2024CN¥12mCN¥2m

CN¥4b

Sep 30 2024n/an/a

CN¥4b

Dec 31 2023CN¥8mCN¥2m

CN¥3b

Dec 31 2022CN¥10mCN¥2m

CN¥2b

Dec 31 2021CN¥7mCN¥2m

CN¥2b

Compensation vs Market: Hongfu's total compensation ($USD1.71M) is above average for companies of similar size in the Hong Kong market ($USD868.88K).

Compensation vs Earnings: Hongfu's compensation has increased by more than 20% in the past year.


CEO

Hongfu Zhang (40 yo)

7.8yrs
Tenure
CN¥12,145,000
Compensation

Mr. Hongfu Zhang is Co-Founder & Executive Director of MIXUE Group and serves as its Director since January 7, 2019 and Chief Executive Officer since December 11, 2017. Mr. Zhang joined the MIXUE Group in...


Leadership Team

NamePositionTenureCompensationOwnership
Hongchao Zhang
Founder & Executive Chairman of the Board17.5yrsCN¥13.13m14.2%
HK$ 8.1b
Hongfu Zhang
Co-Founder7.8yrsCN¥12.15m14.2%
HK$ 8.1b
Hongguo Zhao
Head of BackEnd Supply Chain & Executive Director1.8yrsCN¥9.41mno data
Weimiao Cai
Head of Front-End Supply Chain & Executive Director1.8yrsCN¥7.66m0.067%
HK$ 38.0m
Yuan Zhang
Chief Financial Officer2.7yrsno datano data
Peng Shi
Global Chief Operating Officer of Mixueno datano datano data
Haijing Cui
Chairlady of the Supervisory Committee & Department Manager - Finance Centerno datano datano data
Jiantao Sun
Head of Operations - Mixue (Southeast Asia) & Supervisorno datano data0.33%
HK$ 189.8m
Yixin Chen
Joint Company Secretaryno datano datano data
King Yin Tang
Joint Company Secretaryno datano datano data
Min Yu
Department Manager - Human Resources Center & Employee Representative Supervisorno datano datano data
2.3yrs
Average Tenure
37yo
Average Age

Experienced Management: 2097's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hongchao Zhang
Founder & Executive Chairman of the Board17.5yrsCN¥13.13m14.2%
HK$ 8.1b
Hongfu Zhang
Co-Founder6.8yrsCN¥12.15m14.2%
HK$ 8.1b
Hongguo Zhao
Head of BackEnd Supply Chain & Executive Director1.8yrsCN¥9.41mno data
Weimiao Cai
Head of Front-End Supply Chain & Executive Director1.8yrsCN¥7.66m0.067%
HK$ 38.0m
Haijing Cui
Chairlady of the Supervisory Committee & Department Manager - Finance Center1.8yrsno datano data
Jiantao Sun
Head of Operations - Mixue (Southeast Asia) & Supervisor1.8yrsno data0.33%
HK$ 189.8m
Min Yu
Department Manager - Human Resources Center & Employee Representative Supervisor4.3yrsno datano data
Hsi Chu
Independent Non-Executive Director1.8yrsCN¥400.00kno data
Xuande Huang
Independent Non-Executive Director1.8yrsCN¥400.00kno data
Wai Yin Poon
Independent Non-Executive Director1.8yrsCN¥400.00kno data
1.8yrs
Average Tenure
39yo
Average Age

Experienced Board: 2097's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 07:33
End of Day Share Price 2025/10/06 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MIXUE Group is covered by 20 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hong Xing PanABCI Securities Company Limited
Chen LuoBofA Global Research
Yunqiao DuCCB International Securities Limited