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← CockpitCompetitor Analysis › 0999.HK Xiaocaiyuan International Holding Ltd.Open in the cockpit ↗

Xiaocaiyuan International Holding Ltd.0999.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Consumer Discretionary›Restaurants

Chinese fast-casual restaurant chain serving home-style Anhui/regional Chinese dishes via company-owned outlets.

≈ A Chinese casual-dining chain for home-style Chinese foodMomentum strong 77
Mkt cap
$1.17B
US dollars, full cap
Free float
10%
of shares outstanding
$/day
$2.57M
20-day average traded
Fwd P/E
13.1×
forward earnings
ROIC−WACC
+32.4 pp
WACC 6.6%
Hurdle
-25 pp
Req g minus delivered
Next earnings
145 days
31 Mar 2027
Close · HKDHK$7.80
1D-1.6%
1W-2.1%
1M-16.5%
3M+3.0%
6M+15.6%
YTD-16.9%
1Y-28.3%
ATR %4.4%
52w lowhigh31.5% off high

What Xiaocaiyuan International does

Chinese fast-casual restaurant chain serving home-style Anhui/regional Chinese dishes via company-owned outlets.

In one line: A Chinese casual-dining chain for home-style Chinese food.

Products and services

  • Home-style Chinese set-meal restaurants
  • Takeout/delivery

Customers

  • Urban Chinese diners seeking affordable home-style

Where it sits in the supply chain

  • Consumer discretionary
  • Restaurant chain
  • Fast-casual dining

What could go right

  • China casual-dining chain expansion

What could go wrong

  • Consumer spending slowdown
  • Restaurant sector competition

Moat: narrow (brand, scale). Recognizable brand and standardized menu/supply chain across a growing restaurant network.

Headquarters: Hefei, China · Founded: 2015 · Employees: 13,540

Named competitors

Xiaocaiyuan International at a glance

Size Xiaocaiyuan International (0999.HK) is a Hong Kong Consumer Discretionary company (Restaurants) with a market value of $1.17B, the 562nd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$7.80 on 6 Nov 2026.

Performance Over six months the shares gained 15.6%, against +20.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 2.9% over the last twelve months (peer median +6.5%); the operating margin is 14.7% (peer median 5.5%).

Valuation It trades at 13.1× forward earnings against a peer median of 22.5× (2nd cheapest of 18).

Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -25 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 32.4 points above its cost of capital (6.6% WACC).

Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026Peer median 1220999.HK 115
Six months, rebased to 100: Xiaocaiyuan International against the median of its 20 peers (local-currency closes).

Xiaocaiyuan International financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$6.19BHK$5.80BHK$5.64BHK$5.03BHK$3.74B
Revenue growth—+3%+12%+35%—
Gross profitHK$2.01BHK$2.10BHK$1.83BHK$1.61BHK$1.02B
EBITDAHK$1.45BHK$1.55BHK$1.27BHK$1.19BHK$739M
Net incomeHK$695MHK$776MHK$615MHK$588MHK$276M
Free cash flowHK$654MHK$842MHK$663MHK$624MHK$394M
Capital expenditureHK$539MHK$435MHK$346MHK$343MHK$112M
Total debtn/aHK$1.06BHK$863MHK$838MHK$696M

Quarterly statements and history in the cockpit →

Xiaocaiyuan International competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%+40%+60%0%+20%BJRIDOM9936WESTLIFE76306030433087JDWBHSGCBRLARCODMP309776168179WEN3543269581530999.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Xiaocaiyuan International is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%0×100×200×300×BJRIDOM9936WESTLIFE7630603043CBRLARCODMP3097WEN3543269581530999.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Xiaocaiyuan International is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%BJRIDOM9936WESTLIFE76306030433087JDWBHARCODMP30978179354326950999.HKGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Xiaocaiyuan International is the large dot.

Xiaocaiyuan International competitors and peer comparison

Head to head with its named competitors (0999.HK vs 6831.HK vs YUMC)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Xiaocaiyuan International 0999.HK$1.17B+16%+3%15%13.1×-9.6%
Green Tea 6831.HK$332M-59%+24%13%3.7×-21.0%
Yum China YUMC$17.1B+6%+10%13%15.3×-7.5%

How Xiaocaiyuan International compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Xiaocaiyuan International against its 20 peers (data as of 6 Nov 2026)
Measure0999.HKPeer medianRank in peer set
1-month return-16.5%+8.2%lowest of 21
6-month return+15.6%+20.9%10th lowest of 21
Distance from 52-week high-31.5%-8.0%2nd lowest of 21
Revenue growth (TTM)+2.9%+6.5%6th lowest of 21
Operating margin14.7%5.5%2nd highest of 21
Forward P/E13.1×22.5×2nd cheapest of 18
Growth the price implies (Req g, 7 yrs)-9.6%7.7%least demanding of 20
Growth delivered (Del g)+15.8%+10.6%5th highest of 20
Hurdle (Req g minus delivered)-25.3 pp-2.2 ppleast demanding of 20
ROIC minus cost of capital+32.4 pp+0.7 pphighest of 21
EV / EBITDA5.7×11.3×cheapest of 17
Net debt / EBITDA-0.6×3.3×4th least indebted of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Xiaocaiyuan International 0999.HKHong Kong$1.17B+16%+3%15%13.1×-9.6%+15.8%
BJ's Restaurants BJRIUnited States$1.18B+30%+4%3%22.5×26.8%+12.4%
Domino's Pizza DOM.LUnited Kingdom$1.19B+24%+6%15%13.1×9.5%+6.3%
Ohsho Food Service 9936.TJapan$1.11B-1%0%7%27.5×4.2%+7.7%
Westlife Foodworld WESTLIFE.NSIndia$1.08B+31%+10%5%343.5×49.0%+21.7%
Ichibanya 7630.TJapan$1.06B+21%+8%6%57.3×12.2%+8.2%
Guangzhou Restaurant 603043.SSChina$1.31B0%+9%11%17.3×-3.5%+10.4%
Doutor Nichires 3087.TJapan$1.03B+33%+8%7%16.3×-4.7%+10.6%
J D Wetherspoon JDW.LUnited Kingdom$1.33B+69%+5%5%19.6×7.7%+23.7%
Biglari BHUnited States$1.01B+5%+8%5%n/a22.1%-1.8%
Sweetgreen SGUnited States$1.43B+72%-1%-18%n/an/an/a
Cracker Barrel Old Country Store CBRLUnited States$1.45B+106%-5%0%30.3×14.0%+3.3%
Arcos Dorados ARCOUnited States$1.45B-23%+11%6%9.1×-3.5%+18.7%
Domino's Pizza Enterprises DMP.AXAustralia$1.48B+48%-11%5%16.9×17.9%-1.4%
Monogatari 3097.TJapan$1.50B+43%+22%8%25.4×2.0%+18.8%
Colowide 7616.TJapan$1.51B+21%+16%4%n/a13.6%+12.3%
Royal 8179.TJapan$887M+5%+7%5%24.6×5.7%+14.4%
Wendy's WENUnited States$1.55B+12%-1%13%17.9×2.4%+4.7%
KOMEDA 3543.TJapan$859M-4%+13%17%19.2×-0.7%+14.7%
Kura Sushi 2695.TJapan$848M-2%+4%1%48.1×21.5%+12.5%
Mos Food Services 8153.TJapan$845M+10%+6%5%30.3×2.2%+7.4%

Questions

Who are Xiaocaiyuan International's main competitors?
Named competitors: Green Tea Group (6831.HK), Jiumaojiu (private or unlisted), Yum China (YUMC). The cockpit's measured peer set (industry) also includes BJ's Restaurants (BJRI), Domino's Pizza (DOM.L), Ohsho Food Service (9936.T), Westlife Foodworld (WESTLIFE.NS), Ichibanya (7630.T), Guangzhou Restaurant (603043.SS).
Is Xiaocaiyuan International expensive compared with its peers?
On forward p/e it trades at 13.1× against a peer median of 22.5×, 2nd cheapest of 18 in its peer set. For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -25 pp: the price already allows for a slowdown.
How has Xiaocaiyuan International stock performed?
Over six months to 6 Nov 2026 the shares returned +15.6% against +20.9% for the median peer; over one year -28.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.