Mixue 2097

[behappyalways]

Bubble-tea giant Mixue seeks HK$3.45 bil in Hong Kong IPO

https://www.theedgesingapore.com/news/i ... g-kong-ipo

[behappyalways]

Bubble Tea Firm Mixue Surges After IPO, Making Founders Richer Than Starbucks Ex-CEO Schultz
https://m.youtube.com/watch?v=IKT_nuR9DKQ

[winston]

not vested

<Research>Soochow Securities Initiates MIXUE GROUP (02097.HK) at Buy with $509 TP

Soochow Securities released a research report highlighting MIXUE GROUP (02097.HK) as a leader in the affordable freshly made beverage sector.

The company has built a core competitive edge through its end-to-end self-developed supply chain system, while its IP-driven brand marketing has solidified its brand presence.

Additionally, MIXUE GROUP leverages a franchise model to penetrate lower-tier markets and pursue international expansion, reinforcing its dominant position in the industry.

The broker forecast MIXUE GROUP’s net profit attributable to shareholders for FY2024-26 at RMB4.38 billion, RMB5.12 billion, and RMB5.94 billion, respectively, corresponding to P/E of 28x, 24x, and 21x.

Soochow Securities emphasized that MIXUE GROUP’s key strengths lie in its brand momentum and dominance in the affordable beverage market, with its overseas expansion showing promising potential.

Drawing comparisons to recently listed powerful brands such as MAO GEPING (01318.HK) and LAOPU GOLD (06181.HK) Short selling $3.94M; Ratio 1.006% , the broker considered MIXUE GROUP could command a valuation premium, targeting a P/E of 30x for FY2026.

In its first coverage of MIXUE GROUP, Soochow Securities set a target price of HKD509 and assigned a Buy rating to the stock.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/analy ... stock-news

[behappyalways]

Shocking food safety crisis?!
China's "Mixue Bingcheng" was listed on the Hong Kong stock market just two weeks ago and was revealed to use "overnight lemon slices" to make drinks

驚爆食安危機?! 中國"蜜雪冰城"才在港股上市短短兩週 遭揭用"隔夜檸檬片"製作飲料│國際焦點20250319│三立新聞台

https://m.youtube.com/watch?v=NxLZo1oboLQ

[winston]

not vested

Mixue's earnings growth slows

by Themis Qi

Mixue Group's (2097) net profit increased by 39.8 percent to 4.45 billion yuan (HK$4.76 billion) last year, slowing from one year ago amid the intensified competition in the freshly-made drinks market.

The growth of earnings from 2022 to 2023 was 58.3 percent in 2023, when the giant stood out with its 3-yuan ice cream and 7-yuan lemonade and its supply chain-driven business model.

Last year's revenue grew 22.3 percent year-on-year to 24.8 billion yuan but the pace also decelerates from 2023's 49.59 percent.

Through a franchise model, Mixue built up a network of 46,462 stores in China and 11 overseas countries as of December 31, 2024, up by 23.8 percent from one year ago. Notably, 1,609 franchised stores closed last year, 23 percent higher than in 2023.

Source: The Standard

https://www.thestandard.com.hk/section- ... owth-slows