Research on Development Strategies and Financial Performance in the Catering Industry——A Case Study of Haidilao

Over the past four decades since the reform and opening up, China’s catering industry has continuously overcome difficulties, actively explored and forged ahead, and achieved remarkable economic accomplishments. However, despite the large overall scale of the industry, due to factors such as low market concentration, increasingly fierce competition, and insufficient profit stability, few large-scale catering enterprises have stood out for a long time. In September 2018, Haidilao was successfully listed in Hong Kong, China, with its market value once exceeding 200 billion yuan, marking a new stage of development for China’s catering industry. As the business environment becomes increasingly complex and volatile, catering enterprises have no choice but to proactively respond to challenges and actively promote strategic adjustments and business transformation. This article takes Haidilao as the research object and, from the perspective of financial analysis, explores its development path and successful experience, with the aim of providing references and inspirations for domestic catering enterprises to achieve scale expansion and effective transformation.