Xiabuxiabu stock faces a sharp revenue drop in H1 2026

Published on 10/07/2026 at 00:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Xiabuxiabu stock reported CNY 1,493.0 million in H1 revenue, while its net loss narrowed 55.2 percent. Three analysts set a Neutral view and HKD 0.37 average target.

Xiabuxiabu, KYG982971072, Illustration mit AI erstellt.

Xiabuxiabu stock (ISIN KYG982971072) was trading at HKD 0.21 on October 6, 2026 at 1:21 p.m. HKT, while the restaurant group reported a 55.2 percent reduction in its H1 2026 net loss. The latest figures show that cost control improved faster than sales.

H1 revenue falls to CNY 1,493.0 million

According to Edgechat, Xiabuxiabu reported H1 2026 revenue of CNY 1,493.0 million, down 23.1 percent year over year. The net loss narrowed 55.2 percent to CNY 36.2 million for the six months ended June 30, 2026.

The sales decline was broad across the two main brands. Xiabuxiabu revenue fell 19.8 percent to CNY 911.0 million, while Coucou revenue dropped 31.0 percent to CNY 514.4 million in H1 2026, according to Edgechat. For investors, the contrast is clear: the loss narrowed, but demand and store productivity remain the central operating issue.

Analysts see HKD 0.37 value

The consensus is Neutral, based on three analysts, with zero Buy ratings, three Holds and zero Sells. Investing.com lists an average 12-month price target of HKD 0.37, a high estimate of HKD 0.51273067 and a low estimate of HKD 0.28965195. The average target lies 76.2 percent above the HKD 0.21 trading price.

The group was also shrinking its restaurant network. By June 30, 2026, Xiabuxiabu operated 761 restaurants worldwide, compared with 905 at December 31, 2025, a reduction of 144 locations, according to Edgechat. The reduction reflects a network-optimization strategy, but it also leaves revenue recovery dependent on stronger performance from the remaining sites.

Stock trades at its 52-week low

Xiabuxiabu was trading at HKD 0.21 on the Hong Kong Stock Exchange on October 6, 2026 at 1:21 p.m. HKT, with volume of 1,070,000 shares. The price matched the 52-week low of HKD 0.21 and stood below the HKD 1.05 high; market capitalization was HKD 224.9 million.