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Chow Tai Fook Jewellery Group Limited (1929.HK)

HKD11.41 -0.18 (-1.55%)
CN HKSE Consumer Cyclical Luxury Goods
Address New World Tower
Central, CN
CEO Kar-Shun Cheng
IPO 2011-12-15
ISIN KYG211461085

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 1929.HK (HKD) Other OTC · CJEWF (USD) Other OTC · CJEWY (USD)
Description

Chow Tai Fook Jewellery Group Limited functions as an investment holding company, primarily engaged in the manufacturing and sale of diverse jewelry products. The company offers a wide selection of items, including gem-set, platinum, and k-gold jewelry, as well as other k-gold products. These are retailed under prominent brands such as CHOW TAI FOOK, HEARTS ON FIRE, T MARK, ENZO, MONOLOGUE, and SOINLOVE. In addition to its core jewelry business, it distributes watches from various manufacturers. The group also participates in the trading of diamonds and provides services to its franchisees. Digital platforms play a key role in the company's sales strategy. As of March 31, 2022, it operated a significant retail network comprising 5,902 points of sale across Mainland China, Hong Kong, Macau, Taiwan, Cambodia, Korea, Japan, Malaysia, the Philippines, Singapore, Thailand, the United States, and Vietnam. Founded in 1929, the company is headquartered in Central, Hong Kong, and is a subsidiary of Chow Tai Fook Capital Limited.

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
HKD11.41 -0.18 (-1.55%)
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Volume Profile
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Liquidity & share structure
Average Volume
20M
Beta
0.69
Float Shares
1.58B
Free Float %
16.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+15.20% +2.48% +10.53% +8.84% -2.36% +3.39% +4.32% -10.92% -20.34% +137.66% -7.17%
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
11.41
DCF (Unlevered) 19.91 +74.5%
DCF (Levered) 17.94 +57.2%
Ratings Trend (MoM) 83% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 12 0
Hold 3 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.30
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Luxury Goods: +14.2%
    -17.5% Q1'26: -6.4% (vs Q1'24)
  • EPS growth Luxury Goods: +7.3%
    -9.2% Q1'26: +242.1% (vs Q1'24)
  • FCF margin Luxury Goods: -3.2%
    +3.6% Q1'26: +6.7% (vs Q1'24)
  • EBIT margin Luxury Goods: +8.3%
    +9.5% Q1'26: +21.1% (vs Q1'24)
  • ROIC Luxury Goods: +9.3%
    +15.4% Q1'26: +70.6% (vs Q1'24)
  • Share dilution Luxury Goods: +0.0%
    -0.1% Q1'26: +4.4% (vs Q1'24)
  • Debt / EBITDA Luxury Goods: 0.44×
    1.96× Q1'26: 0.57× (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 (0.66) × ERP
WACC = 82% × Ke + 18% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 19.73 Current price: 11.41
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 Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
18 Rev. Ana.
13 EPS Ana.
Mar 2027
18 Rev. Ana.
15 EPS Ana.
Mar 2028
17 Rev. Ana.
15 EPS Ana.
Revenue
56.57B
est: 56.35B (+0.4%)
57.43B
est: 60.77B (-5.5%)
77.41B
est: 77.48B (-0.1%)
64.28B
est: 65.68B (-2.1%)
56.59B
est: 58.57B (-3.4%)
51.25B
est: 51.06B (+0.4%)
59.16B
est: 56.63B (+4.5%)
66.66B
est: 66.01B (+1.0%)
56.75B
est: 57.62B (-1.5%)
70.16B
est: 64.52B (+8.7%)
98.94B
est: 95.90B (+3.2%)
94.68B
est: 101.14B (-6.4%)
108.71B
est: 108.52B (+0.2%)
89.66B
est: 89.32B (+0.4%)
93.62B
91.66B – 94.57B
+4.8% YoY
97.55B
90.60B – 101.53B
+4.2% YoY
102.10B
101.51B – 102.69B
+4.7% YoY
EBITDA
8.93B
est: 6.80B (+31.3%)
7.93B
est: 8.59B (-7.7%)
9.59B
est: 9.00B (+6.6%)
7.50B
est: 8.19B (-8.4%)
5.08B
est: 6.16B (-17.5%)
5.51B
est: 4.06B (+35.7%)
6.32B
est: 5.54B (+14.1%)
7.48B
est: 7.45B (+0.3%)
7.12B
est: 6.12B (+16.4%)
10.87B
est: 6.44B (+68.9%)
11.33B
est: 7.44B (+52.2%)
10.23B
est: 8.31B (+23.1%)
11.71B
est: 9.36B (+25.2%)
10.61B
est: 10.58B (+0.3%)
11.30B
11.07B – 11.42B
+6.8% YoY
11.78B
10.94B – 12.26B
+4.2% YoY
12.33B
12.25B – 12.40B
+4.7% YoY
EBIT
8.53B
est: 5.48B (+55.8%)
7.42B
est: 9.20B (-19.3%)
8.95B
est: 9.43B (-5.1%)
6.73B
est: 8.17B (-17.6%)
4.02B
est: 6.25B (-35.7%)
4.66B
est: 3.49B (+33.3%)
5.45B
est: 4.95B (+10.1%)
6.53B
est: 6.96B (-6.3%)
4.76B
est: 5.89B (-19.2%)
8.77B
est: 5.02B (+74.6%)
9.31B
est: 5.81B (+60.5%)
8.03B
est: 6.48B (+23.9%)
9.43B
est: 7.30B (+29.2%)
8.51B
est: 8.90B (-4.4%)
9.10B
8.91B – 9.19B
+2.2% YoY
9.48B
8.80B – 9.86B
+4.2% YoY
9.92B
9.86B – 9.98B
+4.7% YoY
Net Income
6.34B
est: 6.52B (-2.8%)
5.51B
est: 6.84B (-19.5%)
7.27B
est: 6.99B (+4.0%)
5.46B
est: 6.33B (-13.8%)
2.94B
est: 4.84B (-39.2%)
3.06B
est: 2.55B (+19.8%)
4.09B
est: 3.37B (+21.3%)
4.58B
est: 4.76B (-3.8%)
2.90B
est: 4.06B (-28.6%)
6.03B
est: 3.11B (+93.7%)
6.71B
est: 3.60B (+86.6%)
5.38B
est: 5.38B (+0.0%)
6.50B
est: 6.50B (+0.0%)
5.92B
est: 5.92B (+0.0%)
8.83B
8.43B – 9.65B
+49.2% YoY
9.89B
9.00B – 11.03B
+12.0% YoY
10.97B
9.17B – 14.51B
+10.9% YoY
SGA
8.03B
est: 8.07B (-0.5%)
9.18B
est: 8.67B (+6.0%)
12.21B
est: 11.66B (+4.7%)
12.34B
est: 10.62B (+16.2%)
11.62B
est: 10.95B (+6.2%)
10.31B
est: 10.08B (+2.3%)
10.92B
est: 11.38B (-4.1%)
12.02B
est: 12.68B (-5.2%)
11.56B
est: 10.67B (+8.3%)
11.85B
est: 12.39B (-4.4%)
13.96B
est: 14.33B (-2.5%)
13.70B
est: 16.00B (-14.4%)
13.30B
est: 18.01B (-26.2%)
12.49B
est: 13.13B (-4.8%)
13.41B
13.13B – 13.55B
+2.2% YoY
13.98B
12.98B – 14.55B
+4.2% YoY
14.63B
14.54B – 14.71B
+4.7% YoY
EPS
0.69
est: 0.65 (+5.6%)
0.55
est: 0.57 (-3.4%)
0.73
est: 0.73 (-0.1%)
0.55
est: 0.51 (+7.3%)
0.29
est: 0.32 (-9.5%)
0.31
est: 0.29 (+5.1%)
0.41
est: 0.40 (+3.3%)
0.46
est: 0.43 (+7.7%)
0.29
est: 0.34 (-13.8%)
0.60
est: 0.48 (+24.7%)
0.67
est: 0.65 (+2.7%)
0.54
est: 0.64 (-15.8%)
0.65
est: 0.79 (-17.9%)
0.59
est: 0.62 (-5.2%)
0.89
0.84 – 0.97
+43.8% YoY
1.00
0.90 – 1.10
+11.9% YoY
1.10
0.92 – 1.45
+10.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-06-11 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-06-10 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-06-09 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-06-08 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-06-05 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-06-04 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-06-03 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-06-02 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-06-01 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-29 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-28 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-27 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-26 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-22 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-21 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-20 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-19 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-18 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-15 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-14 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-13 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-12 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-11 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-08 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-07 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-06 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-05 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-05-04 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-30 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-29 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-28 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-27 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-24 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-23 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-22 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-21 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-20 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-17 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-16 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-15 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-14 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-13 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5
2026-04-10 B+ 3/5 5/5 5/5 5/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
10.72B
OE per share TTM
1.07
Owner's Yield
8.49%
Maintenance CapEx ratio
40.14%
Maint CapEx / Avg PPE
7.5%

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.

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
685.2K
Shares Outstanding
9.86B

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
Siu-Kee Wong MD & Executive Director 20M male
Kar-Shun Cheng Executive Chairman 17M
Ping-Hei Cheng Joint Company Secretary & Executive Director 13M male
Chi-Heng Cheng Executive Vice-Chairman of the Board 13M male
Chi-Man Cheng Executive Vice-Chairman of the Board 13M female
Kam-Biu Cheng Executive Director 9M male
Chi-Keung Suen Executive Director 9M male
Karen Yih Chief Financial Officer male
Annie Wang Chief Operating Officer female
Danita On Senior Director of Investor Relations & Corporate Communication female
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 yield history

Dividend history

Earnings history

Earnings reports

Stock splits