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Mixue Group (2097.HK)

HKD218.80 +4.40 (+2.05%)
CN HKSE Consumer Defensive Beverages - Non-Alcoholic
Address Hanhai Beijin Commerce Center
Zhengzhou, CN
CEO Yuan Zhang
Website mxbc.com
IPO 2025-03-03
ISIN CNE100006T36

Explore sections of this company profile

Description

Mixue Group operates as a prominent purveyor of refreshments and frozen treats, offering a diverse array of fruit beverages, tea-based drinks, ice cream, and coffee products. Its commercial activities extend across mainland China and a wide range of global territories. The company plays a crucial role in supporting its extensive franchisee ecosystem by furnishing vital ingredients, packaging materials, and retail store equipment. Its product lines are prominently featured under the Mixue and Lucky Cup brand identities. Furthermore, Mixue Group also delivers specialized IT services. The distribution of its offerings occurs through a vast network encompassing both franchised and proprietary retail locations. This expansive presence includes operations in China, Indonesia, Vietnam, Malaysia, Thailand, the Philippines, Cambodia, Laos, Singapore, Australia, South Korea, and Japan. Founded in 1997, the enterprise maintains its headquarters in Zhengzhou, People's Republic of China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD218.80 +4.40 (+2.05%)
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Volume Profile
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Liquidity & share structure
Average Volume
468.6K
Beta
0.34
Float Shares
101.41M
Free Float %
26.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.68% +0.38% -8.34% -26.11% -37.93% -35.63% -51.46% -9.03% -9.03% -9.03% -9.03%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
218.80
DCF (Unlevered) 1,081.13 +394.1%
DCF (Levered) 1,500.29 +585.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 60% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 11 -2
Hold 4 0
Sell 1 0
Strong Sell 3 0
Quality scores
Altman Z-Score
11.51
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
8 / 10
Strong MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Beverages - Non-Alcoholic: +4.6%
    +31.7% Q2'25: +39.3% (vs Q1'24)
  • EPS growth Beverages - Non-Alcoholic: +9.3%
    +29.6% Q2'25: +37.8% (vs Q1'24)
  • FCF margin FCF growth · Beverages - Non-Alcoholic: +17.3%
    +15.5% Q2'25: +20.0% (vs Q1'24)
  • EBIT margin Beverages - Non-Alcoholic: +13.6%
    +21.8% Q2'25: +22.3% (vs Q1'24)
  • ROIC Beverages - Non-Alcoholic: +11.1%
    +73.4% Q2'25: +67.7% (vs Q1'24)
  • Share dilution Beverages - Non-Alcoholic: +0.1%
    -0.3% Q2'25: +3.5% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Beverages - Non-Alcoholic: -0.18×
    0.02× Q2'25: 0.03× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.01) × ERP
WACC = 100% × Ke + 0% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,091.22 Current price: 218.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2024
actual
Dec 2025
actual
Dec 2026
21 Rev. Ana.
20 EPS Ana.
Dec 2027
21 Rev. Ana.
20 EPS Ana.
Dec 2028
18 Rev. Ana.
11 EPS Ana.
Revenue
24.83B
est: 24.55B (+1.1%)
32.69B
est: 33.30B (-1.8%)
38.24B
35.96B – 39.65B
+14.8% YoY
42.52B
37.75B – 44.85B
+11.2% YoY
46.76B
42.69B – 48.93B
+10.0% YoY
EBITDA
6.24B
est: 5.75B (+8.4%)
7.67B
est: 7.80B (-1.7%)
8.96B
8.43B – 9.29B
+14.8% YoY
9.96B
8.85B – 10.51B
+11.2% YoY
10.96B
10.00B – 11.47B
+10.0% YoY
EBIT
5.82B
est: 5.41B (+7.5%)
7.14B
est: 7.34B (-2.7%)
8.43B
7.93B – 8.74B
+14.8% YoY
9.37B
8.32B – 9.89B
+11.2% YoY
10.31B
9.41B – 10.79B
+10.0% YoY
Net Income
4.44B
est: 4.47B (-0.7%)
5.73B
est: 5.84B (-1.8%)
6.46B
5.75B – 7.22B
+10.7% YoY
7.29B
6.50B – 7.99B
+12.8% YoY
8.13B
7.20B – 8.62B
+11.4% YoY
SGA
2.35B
est: 1.71B (+37.4%)
3.12B
est: 2.32B (+34.2%)
2.67B
2.51B – 2.77B
+14.8% YoY
2.97B
2.63B – 3.13B
+11.2% YoY
3.26B
2.98B – 3.42B
+10.0% YoY
EPS
11.77
est: 11.88 (-0.9%)
15.25
est: 15.52 (-1.7%)
17.19
15.29 – 19.20
+10.7% YoY
19.39
17.27 – 21.25
+12.8% YoY
21.61
19.16 – 22.91
+11.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-28 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-27 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-26 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-22 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-21 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-20 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 4/5 1/5 1/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 3/5 1/5 1/5
2026-04-24 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-04-23 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-04-22 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-04-21 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-04-20 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-04-17 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-04-16 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
3.94B
OE per share TTM
10.56
Owner's Yield
3.97%
Maintenance CapEx ratio
21.22%
Maint CapEx / Avg PPE
20.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 31 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X China Consumer Brand ETF 2806.HK 0.44% 100.6K 0.68%
2 Fidelity Emerging Markets Multifactor ETF FDEM 0.32% 1.87M 0.25%
3 WisdomTree China ex-State-Owned Enterprises Fund CXSE 0.09% 421.5K 0.32%
4 Franklin FTSE China UCITS ETF FLXC.L 0.04% 598.4K 0.19%
5 Franklin FTSE China ETF FLCH 0.04% 101.4K 0.19%
6 WisdomTree Emerging Markets ex-State-Owned Enterprises Fund XSOE 0.02% 449.8K 0.32%
7 WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF - USD Acc XSOE.L 0.02% 3.8K 0.32%
8 State Street SPDR S&P China ETF GXC 0.02% 68.6K 0.59%
9 Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF EMCR 0.01% 6.7K 0.15%
10 JPMorgan BetaBuilders Emerging Markets Equity ETF BBEM 0.01% 71.0K 0.15%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.02M
Shares Outstanding
379.62M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hongchao Zhang Founder & Executive Chairman of the Board 15M male
Hongfu Zhang Co-Founder, Executive Co-Chairman 14M male
Hongguo Zhao Head of BackEnd Supply Chain & Executive Director 10M female
Weimiao Cai Head of Front-End Supply Chain & Executive Director 9M female
Yixin Chen Joint Company Secretary male
Haijing Cui Head of Finance female
Yuan Zhang Chief Executive Officer male
Jiantao Sun Head of Operations - Mixue (Southeast Asia) & Supervisor male
King Yin Tang Joint Company Secretary female
Peng Shi Global Chief Operating Officer of Mixue male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits