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Company

SUPER HI INTERNATIONAL HOLDING LTD.

Ticker
HDL
Sector
Industry
Report date
April 13, 2026
Valye AI Score

70

High visibility
Recent developments
Recent developments summary

Recent news coverage for SUPER HI INTERNATIONAL HOLDING LTD. includes routine mentions in pre-market earnings reports and a report confirming no change in share capital as of December 2024.

Recent developments:
  • The company reported no change in share capital for December 2024, indicating stability in its capital structure [N1].
  • HDL was mentioned in pre-market earnings reports for March 31, 2026, November 26, 2025, and August 26, 2025, reflecting ongoing market presence but without detailed operational disclosures [N2][N3][N4].
Overview

SUPER HI INTERNATIONAL HOLDING LTD. is a Cayman Islands incorporated company with publicly traded ADSs listed on the Nasdaq Stock Market. The company files annual and periodic reports with the SEC, including a Form 20-F for the fiscal year ended December 31, 2024. Public disclosures provide limited insight into the company's business operations, sector, or industry classification. Financial data from the latest annual filing shows a solid liquidity position with cash and equivalents of approximately $254.7 million and a current ratio of 2.51 as of December 31, 2024. Net income for the same period was $21.4 million with basic and diluted earnings per share of $0.04. Recent news includes routine earnings report mentions and confirmation of no change in share capital as of December 2024. The company benefits from favorable Cayman Islands tax treatment and its ADSs are subject to U.S. federal income tax considerations, including potential classification as a Passive Foreign Investment Company (PFIC), which is subject to annual determination and uncertainty.

Executive summary

Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.

Scenarios for HDL

Bull case model:

The company maintains a strong liquidity position as evidenced by its cash and current asset levels relative to liabilities. Its listing on the Nasdaq Stock Market provides access to U.S. capital markets and potential investor visibility. Favorable tax treatment under Cayman Islands law may support operational efficiency. The absence of share capital changes suggests stability in capital structure.

Bear case model:

Limited disclosure on business operations, sector, and revenue creates significant visibility challenges. The company’s potential classification as a Passive Foreign Investment Company (PFIC) introduces tax complexity for U.S. investors. The absence of detailed financial and operational metrics restricts assessment of growth prospects or risks. Market and regulatory uncertainties related to PFIC status and tax treatment may affect investor perception.

Moat:

There is insufficient publicly disclosed information to assess the company's competitive advantages or moat. The lack of detailed business model, industry, or operational data limits visibility into factors such as proprietary technology, market position, or barriers to entry.

Risks overview
Risks summary
The primary risk is the limited disclosure of business operations combined with potential adverse U.S. tax treatment as a Passive Foreign Investment Company, which may complicate investor evaluation and tax planning.
Risks details:

• Limited Business Disclosure: The company does not publicly disclose detailed information about its business model, sector, or industry, limiting transparency and investor understanding.
• PFIC Classification Risk: The company may be classified as a Passive Foreign Investment Company for U.S. tax purposes, which carries adverse tax consequences and uncertainty for U.S. investors.
• Tax and Regulatory Risks: Changes in tax laws or interpretations in the Cayman Islands or U.S. could affect the company’s tax status and investor tax obligations.
• Liquidity and Financial Data Gaps: While liquidity appears strong, the absence of revenue and segment data limits comprehensive financial analysis.

FINAL FORECAST FOR HDL

Final take one line
SUPER HI INTERNATIONAL HOLDING LTD. exhibits low visibility due to limited public disclosure of its business operations and sector, with available financial data indicating liquidity strength but lacking revenue details.
Final take 12 to 24 month view

Business trends: The company maintains liquidity strength and stable capital structure with routine earnings report mentions.
Execution milestones: Continued SEC filings including annual 20-F and periodic 6-K reports; maintenance of Nasdaq listing and share capital stability.
Key risks: Limited operational disclosure, potential PFIC classification with adverse tax implications, and regulatory uncertainties affecting investor clarity.

Valye AI Visibility Research Score

High visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

70
LLM visibility overview
LLM Visibility known facts
  • SUPER HI INTERNATIONAL HOLDING LTD. is a publicly listed company with ticker HDL.
  • The company files annual reports on Form 20-F and periodic reports on Form 6-K with the SEC.
  • As of December 31, 2024, the company reported cash and cash equivalents of $254.7 million USD and current assets of $323.2 million USD, with current liabilities of $128.6 million USD, resulting in a current ratio of 2.51 and a cash ratio of 1.98, indicating liquidity strength.
  • Net income for the fiscal year ended December 31, 2024, was $21.4 million USD with basic and diluted EPS of $0.04 per share.
  • The company reported no change in share capital as of December 2024.
  • The company is incorporated in the Cayman Islands and benefits from no Cayman Islands taxes on profits, income, gains, or appreciation, and no withholding taxes on dividends or capital payments to shareholders.
  • The company’s American Depositary Shares (ADSs) are listed on the Nasdaq Stock Market.
  • The company is not believed to have been classified as a Passive Foreign Investment Company (PFIC) for the taxable year ending December 31, 2025, but this status is subject to annual determination and uncertainty.
  • Recent news coverage primarily consists of pre-market earnings reports mentioning HDL and a report confirming no change in share capital for December 2024.
  • No detailed description of the company’s business model, sector, or industry is publicly disclosed in the available filings or news.
  • Financial figures are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.
Sources
Sources - Context summary

Generated 2026-04-13

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-04-13 | 20-F
  • S2 | 2026-03-31 | 6-K
Sources - News headlines
  • N1 | 2026-04-13 | www.nasdaq.com | SUPER HI INTERNATIONAL Reports No Change in Share Capital for December 2024 | https://www.nasdaq.com/articles/super-hi-international-reports-no-change-share-capital-december-2024
  • N2 | 2026-03-30 | www.nasdaq.com | Pre-Market Earnings Report for March 31, 2026 : MKC, SNX, FDS, TE, CHA, BITF, HDL, ALTI, JILL, INKT, SNYR, AMS | https://www.nasdaq.com/articles/pre-market-earnings-report-march-31-2026-mkc-snx-fds-te-cha-bitf-hdl-alti-jill-inkt-snyr
  • N3 | 2025-11-25 | www.nasdaq.com | Pre-Market Earnings Report for November 26, 2025 : DE, LI, HDL, CLGN | https://www.nasdaq.com/articles/pre-market-earnings-report-november-26-2025-de-li-hdl-clgn
  • N4 | 2025-08-25 | www.nasdaq.com | Pre-Market Earnings Report for August 26, 2025 : BMO, BNS, BEKE, ATAT, DQ, HDL, CDLR | https://www.nasdaq.com/articles/pre-market-earnings-report-august-26-2025-bmo-bns-beke-atat-dq-hdl-cdlr
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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