Helens International Holdings Company Limited logo

Helens International Holdings Company Limited

9869.HK

HKSEConsumer CyclicalRestaurants

Latest quote

HK$1.655

−HK$0.015 · -0.90%

Aug 24, 4:08 PM HKT

9869.HK company overview

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Company profile

Company website

Helens International Holdings Limited, an investment holding entity, primarily focuses on managing and franchising bar establishments throughout the People's Republic of China (PRC) and Hong Kong. The company markets a range of alcoholic beverages, including spirits and various beers, alongside snacks, all under its "Helen's" brand. By April 19, 2022, it had cultivated a substantial footprint in the PRC with 859 directly operated bars, extending across 152 cities within 26 provincial-level administrative regions. Established in 2009, Helens International maintains its corporate headquarters in Shenzhen, PRC, and operates as a subsidiary of HHL International Limited.

Industry
Restaurants
Sector
Consumer Cyclical
Headquarters
CN
CEO
Daqing He
Listed since
Sep 10, 2021
Employees
559

Market position

Day range

Current HK$1.655

52-week range

Current HK$1.655

Open
HK$1.60
Previous close
HK$1.67
Volume
2.5K
0× average
Average volume
1.55M
Average daily volume
Market cap
2.09B HKD
Beta
0.9
Market reference 1
50-day average
HK$1.7433
-5.07% below average
200-day average
HK$1.1787
+40.41% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.02B CNY
P/E (TTM)
52.97×
P/B (TTM)
P/S (TTM)
3.32×
EV / EBITDA
8.71×
Earnings yield
3.31%
Free cash flow yield
12.25%
Dividend yield
10.79%

Profitability & efficiency

Gross margin
34.45%
Operating margin
28.13%
Net margin
6.28%
Return on equity
3.88%
Return on assets
3.02%
Return on invested capital
2.32%

Financial health

Debt / equity
0.16×
Current ratio
4.71×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends58%-0%-59%-117%Gross margin, FY2021: 43.66%Gross margin, FY2022: 33.69%Gross margin, FY2023: 40.53%Gross margin, FY2024: 36.47%Gross margin, FY2025: 39.07%Operating margin, FY2021: 27.92%Operating margin, FY2022: -13.49%Operating margin, FY2023: 35.83%Operating margin, FY2024: -1.44%Operating margin, FY2025: 5.04%Net margin, FY2021: -12.53%Net margin, FY2022: -102.68%Net margin, FY2023: 14.93%Net margin, FY2024: -10.37%Net margin, FY2025: 6.30%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 43.66%. Gross margin FY2022 33.69%. Gross margin FY2023 40.53%. Gross margin FY2024 36.47%. Gross margin FY2025 39.07%. Operating margin FY2021 27.92%. Operating margin FY2022 -13.49%. Operating margin FY2023 35.83%. Operating margin FY2024 -1.44%. Operating margin FY2025 5.04%. Net margin FY2021 -12.53%. Net margin FY2022 -102.68%. Net margin FY2023 14.93%. Net margin FY2024 -10.37%. Net margin FY2025 6.30%.

Income trends

Revenue

539.01M CNY-28.34%

Operating income

27.14M CNY+38M CNY

Net income

33.95M CNY+111.93M CNY
Income trends across reported periods2.18B CNY804.59M CNY−570.12M CNY−1.94B CNYRevenue, FY2021: 1.84B CNYRevenue, FY2022: 1.56B CNYRevenue, FY2023: 1.21B CNYRevenue, FY2024: 752.21M CNYRevenue, FY2025: 539.01M CNYOperating income, FY2021: 512.49M CNYOperating income, FY2022: −210.36M CNYOperating income, FY2023: 433.08M CNYOperating income, FY2024: −10.86M CNYOperating income, FY2025: 27.14M CNYNet income, FY2021: −230M CNYNet income, FY2022: −1.6B CNYNet income, FY2023: 180.5M CNYNet income, FY2024: −77.98M CNYNet income, FY2025: 33.95M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.84B CNY. Revenue FY2022 1.56B CNY. Revenue FY2023 1.21B CNY. Revenue FY2024 752.21M CNY. Revenue FY2025 539.01M CNY. Operating income FY2021 512.49M CNY. Operating income FY2022 −210.36M CNY. Operating income FY2023 433.08M CNY. Operating income FY2024 −10.86M CNY. Operating income FY2025 27.14M CNY. Net income FY2021 −230M CNY. Net income FY2022 −1.6B CNY. Net income FY2023 180.5M CNY. Net income FY2024 −77.98M CNY. Net income FY2025 33.95M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue539.01M CNY752.21M CNY1.21B CNY1.56B CNY1.84B CNY
Cost of goods sold328.42M CNY477.91M CNY718.7M CNY1.03B CNY1.03B CNY
Gross profit210.59M CNY274.29M CNY489.91M CNY525.37M CNY801.46M CNY
Research and development6.5M CNY4.1M CNY3.98M CNY7.64M CNY4.4M CNY
Selling, general, and administrative32.29M CNY46.79M CNY59.53M CNY48.59M CNY59.47M CNY
Operating expenses183.45M CNY285.15M CNY56.83M CNY1.32B CNY703.01M CNY
Interest income21.88M CNY48.36M CNY68.6M CNY4.96M CNY563K CNY
Interest expense7.43M CNY11.19M CNY27.8M CNY42.01M CNY57.69M CNY
Depreciation and amortization72.25M CNY89.37M CNY199.58M CNY515.94M CNY82.6M CNY
Operating income27.14M CNY−10.86M CNY433.08M CNY−210.36M CNY512.49M CNY
Net income33.95M CNY−77.98M CNY180.5M CNY−1.6B CNY−230M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
17%
1 beat, 4 misses, 1 met estimate
Average EPS surprise
-257.10%
6 comparable reports
Latest EPS result
0.04
Estimate 0.04 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.080.01-0.07-0.14Q2 '24No estimateQ3 '24BeatQ3 '24No estimateQ1 '25MissQ3 '25MetQ1 '26EstimateQ2 '26EstimateQ3 '26Estimate
Q2 2024, reported May 14, 2024: actual 0.03, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 0.043, estimate -0.096, surprise +144.50%, Beat. Q3 2024, reported Sep 30, 2024: actual -0.065, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.1, estimate -0.086, surprise -16.87%, Miss. Q3 2025, reported Aug 29, 2025: actual 0.04, estimate 0.04, surprise 0.00%, Met estimate. Q1 2026, reported Mar 31, 2026: actual —, estimate 0.035, surprise —, Comparison unavailable. Q2 2026, reported Apr 1, 2026: actual —, estimate 0.037, surprise —, Comparison unavailable. Q3 2026, reported Aug 28, 2026: actual —, estimate -0.069, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.13B802.43M474.55M146.67MQ2 '24No estimateQ3 '24MissQ3 '24No estimateQ1 '25MissQ3 '25MetQ1 '26EstimateQ2 '26EstimateQ3 '26Estimate
Q2 2024, reported May 14, 2024: actual 238.72M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 474.14M HKD, estimate 1.06B HKD, surprise -55.23%, Miss. Q3 2024, reported Sep 30, 2024: actual 172.56M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 330.91M HKD, estimate 1.06B HKD, surprise -68.67%, Miss. Q3 2025, reported Aug 29, 2025: actual 319.04M HKD, estimate 319.04M HKD, surprise 0.00%, Met estimate. Q1 2026, reported Mar 31, 2026: actual —, estimate 329.41M HKD, surprise —, Comparison unavailable. Q2 2026, reported Apr 1, 2026: actual —, estimate 329.41M HKD, surprise —, Comparison unavailable. Q3 2026, reported Aug 28, 2026: actual —, estimate 1.06B HKD, surprise —, Comparison unavailable.

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