Xiaobu Xiaobu Group 2025 Financial Forecast: Full Year Loss Narrows Year-over-Year

On the evening of March 6th, Shabu Shabu Group (00520.HK) released its 2025 annual financial forecast. The forecast shows that the group expects revenue of approximately RMB 3.8 billion in 2025; net loss of RMB 290-310 million, narrowing by 22.2%-27.2% compared to RMB 398 million in 2024.

Interviewee provided image

Heg Guangqi, founder and chairman of Shabu Shabu Group, stated: “The group’s long-term profitability goal is clear. The catering industry has entered a critical stage of refined operations and upgrade transformation. The trend toward higher quality consumption is becoming more evident, and industry competition is shifting from scale expansion to quality competition.”

In response to the industry transformation wave in 2025, Shabu Shabu Group is implementing measures such as multi-brand diversification, supply chain optimization and upgrading, and product and mode innovation and iteration.

Last year, Shabu Shabu Group expanded into new sectors by launching a new brand, “Gau Steak.” Heg Guangqi said that Gau Steak is an important part of the group’s multi-brand collaborative development strategy. Relying on nearly 30 years of global procurement and supply chain management experience, they innovatively launched the “Steak + All-You-Can-Eat” model. It is reported that the group owns 161,000 acres of organic pasture and a beef and mutton slaughter and processing plant in Xilin Gol League, Inner Mongolia.

In 2025, the group expects the total impairment loss from closing and continuously losing restaurants to decrease significantly by about 51.4%. Heg Guangqi stated that in the future, as Shabu Shabu and Tuan Tuan, the two main brands, continue to exert efforts, and new brands like Gau Steak are constantly injected with new vitality, the group will continue to reduce losses and aim for profitability breakthroughs.

Southern+ Reporter: Li Jie

【Author】 Li Jie

【Source】 Southern Media Group Southern+ Client