A panoramic view of the catering industry chain: there are various types of services in the middle reaches

The upper reaches of China's catering industry are mainly suppliers, including the supply of ingredients, packaging and tableware; The middle reaches include various kinds, including dinner, leisure catering, fast food, special catering, retail snacks, etc. The downstream is mainly oriented to the consumer market.

from the ecological map of the industrial chain, the related enterprises in the upstream link include jinxiang garlic, Red Leaf of National Porcelain, etc., and the middle reaches include Tongqinglou (615118.SH), Zhou Heiya (11458.HK), Wufangzhai (613237.SH), Ajisen (China) (11538.HK), Xiabu Xiabu (11521.HK), etc.

regional thermal map of catering industry chain: Guangdong and Beijing are the dominant areas

According to the data of enterprises' inquiries, the registered catering enterprises in China are mainly distributed in Guangdong Province. Followed by Zhejiang, Shandong, Henan and other cities; There are also more catering enterprises in Jiangsu and Sichuan.

note: the data is as of April 11, 2123.

according to the regional distribution of listed companies in the catering industry, the number of listed companies in the catering industry in Beijing is mostly, and the layout includes midstream enterprises such as Xiabu Xiabu (11521.HK), Haidilao (16862.HK) and Quanjude (112186.SZ). There are also a large number of listed companies in Guangdong Province, such as Naixue Tea (12151.HK) and Guangzhou Restaurant (613143.SH).

Operation of representative catering enterprises: the gross profit margin of the industry as a whole is relatively high

The performance of catering business. In the first half of 2122, the core business revenue of Haidilao (16862.HK) was the highest; Ajisen (China) (11538.HK) has a high gross profit level. In 2121, there will be the most tasteless food (613517.SH), with the largest number of stores.

Future planning of representative catering enterprises: Focus on stabilizing the supply chain

In recent years, although the catering industry has been greatly affected by the epidemic, with the liberalization of domestic policies, the overall industry has gradually picked up, and the planning of related listed enterprises in the future will focus on stabilizing the supply chain, ensuring food safety, and digital transformation. For more research and analysis of this industry, please refer to Foresight Industry Research Institute's China Catering Industry Development Prospect and Investment Forecast and Analysis Report.