Chow Tai Fook Jewellery Group (1929) AI Stock Analysis

• Market Cap: $96.18B
• Dividend Yield: 5.33%
• Average Volume (3M): 21.21M
• Price to Earnings (P/E): 21.5
• Beta (1Y): 1.08
• Revenue Growth: 0.94%
• EPS Growth: -32.06%
• Country: HK
• Employees: 26,500
• Sector: Consumer Cyclical
• Sector Strength: 56
• Industry: Luxury Goods
• EPS (TTM): 0.45
• Shares Outstanding: 9,987,736,000
• 10 Day Avg. Volume: 16,232,345
• 30 Day Avg. Volume: 21,214,922
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.50
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $10.47
• Price Target Upside: 8.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Chow Tai Fook Jewellery Group's overall stock score reflects its strong financial performance, marked by robust revenue growth and cash flow management. The technical indicators show a positive market trend, further boosting confidence in future stock performance. While its valuation is reasonable, the high dividend yield serves as a notable incentive for investors.

Chow Tai Fook Jewellery Group Business Overview & Revenue Model

Company Description

Chow Tai Fook Jewellery Group Limited, established in 1929, is a leading jewelry retailer headquartered in Hong Kong. The company operates in the luxury goods sector, focusing primarily on the production and retail of high-quality jewelry and watches. With an extensive retail network across Greater China, Southeast Asia, Japan, and the United States, Chow Tai Fook is recognized for its craftsmanship, high-quality materials, and innovative designs. Its core products include gold jewelry, gem-set jewelry, and platinum and karat gold products.

How the Company Makes Money

Chow Tai Fook Jewellery Group makes money primarily through the sale of its jewelry and watch products. The company's revenue model is centered around its expansive retail network, which consists of directly operated stores and franchise outlets. A significant portion of its earnings comes from gold jewelry sales, which are popular in its key markets. Additionally, Chow Tai Fook generates revenue through its luxury watch segment, offering products from both its proprietary brands and third-party luxury brands. The company benefits from its strong brand reputation, strategic store locations, and ongoing expansion into emerging markets. Moreover, Chow Tai Fook engages in e-commerce, catering to the growing trend of online shopping, which further supplements its revenue streams.

Chow Tai Fook Jewellery Group Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
108.71B	94.68B	98.94B	70.16B	56.75B
	Gross Profit
22.29B	22.73B	23.30B	20.26B	16.03B
	EBIT
8.98B	8.98B	9.36B	8.35B	5.78B
	EBITDA
11.71B	10.23B	11.33B	10.87B	7.12B
	Net Income Common Stockholders
6.50B	5.38B	6.71B	6.03B	2.90B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.70B	11.73B	14.94B	6.03B	7.22B
	Total Assets
88.82B	87.34B	87.74B	64.31B	65.24B
	Total Debt
29.89B	22.11B	25.98B	13.64B	24.51B
	Net Debt
22.20B	10.41B	11.04B	7.61B	17.29B
	Total Liabilities
62.07B	53.98B	53.18B	32.74B	38.19B
	Stockholders Equity
25.71B	32.40B	33.62B	30.77B	26.34B
Cash Flow		Free Cash Flow
12.87B	7.72B	12.19B	9.39B	6.92B
	Operating Cash Flow
13.84B	9.70B	13.72B	10.23B	7.90B
	Investing Cash Flow
-716.60M	-1.95B	-1.51B	-779.90M	-1.11B
	Financing Cash Flow
-16.83B	-10.17B	-3.52B	-10.85B	-7.10B

Chow Tai Fook Jewellery Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.63
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1929, the sentiment is Positive. The current price of 9.63 is above the 20-day moving average (MA) of 9.02, above the 50-day MA of 8.62, and above the 200-day MA of 7.32, indicating a neutral trend. The MACD of 0.18 indicates Positive momentum. The RSI at 50.43 is Neutral, neither overbought nor oversold. The STOCH value of 75.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1929.

Chow Tai Fook Jewellery Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1929	80 Outperform	$96.18B	21.48	17.34%	5.33%	0.94%	-32.06%
0700	77 Outperform	$4.18T	20.28	21.80%	0.70%	6.35%	68.85%
0011	76 Outperform	$180.79B	10.30	11.23%	6.71%	-2.77%	4.04%
1299	71 Outperform	$592.92B	11.53	16.75%	2.97%	7.04%	88.41%
0883	66 Neutral	€818.17B	5.29	19.25%	8.41%	5.62%	-0.74%
Sector *	60 Neutral	$6.78B	11.63	3.24%	4.20%	2.36%	-21.91%

Chow Tai Fook Jewellery Group Corporate Events

Chow Tai Fook Reports Q4 Sales Decline Amid Economic Challenges

Chow Tai Fook Jewellery Group reported a decline in retail sales value and same store sales for the fourth quarter ending March 2025, attributed to macroeconomic challenges and high gold prices affecting consumer sentiment. Despite these challenges, the company saw a narrowing decline in same store sales in Mainland China due to successful product optimization and effective marketing campaigns. In Hong Kong and Macau, sales were impacted by changes in spending patterns of Mainland tourists. The company also made progress in brand transformation with new image stores and strong sales from its iconic collections, exceeding annual sales targets.

Chow Tai Fook Announces Management Re-Alignment to Strengthen Financial Leadership

Chow Tai Fook Jewellery Group Limited announced a re-alignment of management roles, with Mr. Cheng Ping-Hei, Hamilton transitioning from his role as Chief Financial Officer to focus on strategic oversight in capital management, investor relations, and company secretary responsibilities. This change, effective from April 1, 2025, aims to enhance the Group’s financial leadership and operational efficiencies, as a new CFO will join to drive financial management and long-term growth strategies.