特海国际2023年度报告

Stock Code 股份代號 : 9658(Incorporated in the Cayman Islands with limited liability)（於開曼群島註冊成立的有限公司） CONTENTS 2 DefinitionCorporate InformationFive-Year Performance ReviewChairlady’s StatementManagement Discussion and AnalysisDirectors and Senior ManagementCorporate Governance ReportDirectors’ ReportEnvironmental, Social and Governance ReportIndependent Auditor’s ReportConsolidated Statement of Profit or Loss andOther Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial Statements 11 14 Definition Definition Definition BOARD OF DIRECTOR 202312 13 Chairlady and Non-executive Director Executive Directors 2023121320233 30 Mr. ZHOU Zhaocheng(Chairman, resigned on December 13, 2023) Mr. LI Yu(appointed on March 30, 2023)Mr. WANG JinpingMs. LIU Li Independent Non-executive Directors Mr. TAN Kang Uei, AnthonyMr. TEO Ser LuckMr. LIEN Jown Jing Vincent AUDIT COMMITTEE Mr. TEO Ser Luck(Chairman)Mr. TAN Kang Uei, AnthonyMr. LIEN Jown Jing Vincent REMUNERATION COMMITTEE Mr. LIEN Jown Jing Vincent(Chairman)Mr. TAN Kang Uei, AnthonyMr. TEO Ser LuckMs. SHU Ping NOMINATION COMMITTEE Ms. SHU Ping(Chairlady)Mr. TEO Ser LuckMr. LIEN Jown Jing VincentMr. TAN Kang Uei, Anthony Corporate Information COMPANY SECRETARIES 20235 3020235 30 Ms. QU CongMr. CHENG Ching Kit(appointed on May 30, 2023)Ms. SO Shuk Yi Betty(resigned on May 30, 2023) AUTHORIZED REPRESENTATIVES 202312 13202312 13 Ms. SHU Ping(appointed on December 13, 2023)Mr. ZHOU Zhaocheng(resigned on December 13, 2023)Ms. QU Cong AUDITOR Deloitte & Touche LLP6 Shenton Way, OUE Downtown 2 #33-00Singapore 068809 Deloitte & Touche LLPPublic Accountants and Chartered Accountants6 Shenton Way, OUE Downtown 2 #33-00Singapore 068809 LEGAL ADVISOR 1526 Kirkland & Ellis26/F, Gloucester TowerThe Landmark15 Queen’s Road CentralHong Kong REGISTERED OFFICE Cricket SquareHutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket SquareHutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS INSINGAPORE 1 Paya Lebar Link#09-04PLQ 1 Paya Lebar QuarterSingapore 408533 1 Paya Lebar Link#09-04PLQ 1 Paya Lebar QuarterSingapore 408533 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 40th FloorDah Sing Financial CentreNo. 248 Queen’s Road EastWanchaiHong Kong 24840 HONG KONG SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-171617th Floor, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong superhi_ir@superhi-inc.com INVESTOR RELATIONS Email: superhi_ir@superhi-inc.com www.superhiinternational.com WEBSITE www.superhiinternational.com STOCK CODE 9658 9658 CONDENSED CONSOLIDATED STATEMENT OF PROFIT ORLOSS AND OTHER COMPREHENSIVE INCOME 20231231 I am pleased to present our annual report for the year ended December31, 2023 to the Shareholders. 2023 PERFORMANCE REVIEW 2023 20231231686.420221231558.223.0%25.3161.3%9.0%4.9 For the year ended December 31, 2023, our Group recorded revenue ofUS$686.4 million, representing an increase of 23.0% as compared toUS$558.2 million for the year ended December 31, 2022; net profit ofUS$25.3 million, representing a year-on-year increase of 161.3%, andthe operating profit margin at the restaurant level of 9.0%, representinga year-on-year improvement of 4.9 percentage points. During the Reporting Period, the overall average table turnover rateof Haidilao restaurants we operated was 3.5 times per day, andthe average same-store turnover rate was 3.6 times per day, bothrepresenting an increase of 0.2 and 0.3 time per day as compared tothe overall average table turnover rate and average same-store turnoverrate of 3.3 and 3.3 times per day for 2022, respectively. Specifically,our average table turnover rate was 3.3 times per day in the first half of2023 and 3.8 times per day in the second half of 2023, representing asignificant increase. 3.53.620223.33.30.20.320233.33.8 (i)20232022(ii)(iii) The increase in the table turnover rate was mainly attributable to (i)the visible recovery of the overall service industry as compared to2022, despite the multiple pressures on the international market in2023; (ii) our great efforts in improving customer satisfaction and storemanagement level; and (iii) our launch of more diversified and flexiblemarketing activities in response to off-season and off-peak periods andspecific consumer groups to better match the needs of consumers. 2023123111570171810202352 0 2 3120224 As of December 31, 2023, we operated a total of 115 Haidilao hotpot restaurants in international markets, with 70 located in SoutheastAsia, 17 in East Asia, 18 in North America, and 10 in other regions.At the beginning of 2023, we re-evaluated the quality and prospectsof contracted projects, proactively ceased the advancement ofunsatisfying projects, and totally opened 5 new Haidilao hot potr