Board Change • 23h
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 11 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Non-Executive Director Kwok Anson was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Nov 27
Luk Fook Holdings (International) Limited Declares Interim Dividend for the Six Months Ended 30 September 2025, Payable on or Around 24 December 2025 Luk Fook Holdings (International) Limited's Board has resolved to declare an interim dividend of HKD 0.55 per ordinary share (2024: HKD 0.55 per ordinary share) for the six months ended 30 September 2025, to shareholders whose names appear on the register of members of the Company on 12 December 2025. The interim dividend will be paid on or around 24 December 2025. Ex-dividend date is 10 December 2025. Annuncio • Nov 11
Luk Fook Holdings (International) Limited to Report First Half, 2026 Results on Nov 27, 2025 Luk Fook Holdings (International) Limited announced that they will report first half, 2026 results on Nov 27, 2025 Annuncio • Jun 29
Luk Fook Holdings (International) Limited Proposes Final Dividend for the Year Ended 31 March 2025, Payable on or Around 10 September 2025 Luk Fook Holdings (International) Limited proposed a final dividend of HKD 0.55 per ordinary share for the year ended 31 March 2025 (2024: final dividend of HKD 0.64 per ordinary share) to shareholders whose names appear on the register of members of the Company on 28 August 2025. Taking into account of the interim dividend paid, the total dividend for the year would amount to HKD 1.10 per ordinary share, totalling HKD 645,818,000 for the year (2024: HKD 1.41 per ordinary share, totalling HKD 826,871,000, including the special interim dividend paid by way of distribution in specie of 3DG International shares). Subject to the approval of the shareholders at the forthcoming annual general meeting (the "AGM") of the Company to be held on 21 August 2025, the final dividend will be paid on or around 10 September 2025. Annuncio • Jun 27
Luk Fook Holdings (International) Limited, Annual General Meeting, Aug 21, 2025 Luk Fook Holdings (International) Limited, Annual General Meeting, Aug 21, 2025. Annuncio • Jun 06
Luk Fook Holdings (International) Limited to Report Fiscal Year 2025 Results on Jun 26, 2025 Luk Fook Holdings (International) Limited announced that they will report fiscal year 2025 results on Jun 26, 2025 Annuncio • Nov 29
Luk Fook Holdings (International) Limited Announces Ordinary Interim Cash Dividend for the Six Months Ended 30 September 2024, Payable on 24 December 2024 Luk Fook Holdings (International) Limited announced ordinary interim cash dividend of HKD 0.55 per share for the six months ended 30 September 2024, payable on 24 December 2024. Record date is 12 December 2024. Ex-dividend date is 10 December 2024. Annuncio • Nov 11
Luk Fook Holdings (International) Limited to Report First Half, 2025 Results on Nov 26, 2024 Luk Fook Holdings (International) Limited announced that they will report first half, 2025 results on Nov 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$16.74, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Specialty Retail industry in Hong Kong. Negligible returns to shareholders over past three years. Recent Insider Transactions • Sep 15
Founder recently bought HK$476k worth of stock On the 9th of September, Wai Sheung Wong bought around 34k shares on-market at roughly HK$14.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$19m worth in shares. Recent Insider Transactions • Aug 17
Founder recently bought HK$2.5m worth of stock On the 15th of August, Wai Sheung Wong bought around 170k shares on-market at roughly HK$14.59 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$20m worth in shares. Upcoming Dividend • Aug 13
Upcoming dividend of HK$0.64 per share Eligible shareholders must have bought the stock before 20 August 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 9.3%. Within top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (6.7%). Recent Insider Transactions • Aug 08
Founder recently bought HK$301k worth of stock On the 2nd of August, Wai Sheung Wong bought around 20k shares on-market at roughly HK$15.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$17m worth in shares. Recent Insider Transactions • Jul 27
Founder recently bought HK$903k worth of stock On the 24th of July, Wai Sheung Wong bought around 60k shares on-market at roughly HK$15.06 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$15m worth in shares. Recent Insider Transactions • Jul 07
Founder recently bought HK$1.7m worth of stock On the 2nd of July, Wai Sheung Wong bought around 105k shares on-market at roughly HK$16.29 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$11m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$3.7m worth in shares. Declared Dividend • Jul 01
Final dividend of HK$0.64 announced Shareholders will receive a dividend of HK$0.64. Ex-date: 20th August 2024 Payment date: 4th September 2024 Dividend yield will be 8.2%, which is higher than the industry average of 5.5%. Sustainability & Growth The dividend has increased by an average of 5.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 29
Luk Fook Holdings (International) Limited, Annual General Meeting, Aug 15, 2024 Luk Fook Holdings (International) Limited, Annual General Meeting, Aug 15, 2024. Reported Earnings • Jun 29
Full year 2024 earnings released: EPS: HK$3.01 (vs HK$2.19 in FY 2023) Full year 2024 results: EPS: HK$3.01 (up from HK$2.19 in FY 2023). Revenue: HK$15.3b (up 28% from FY 2023). Net income: HK$1.77b (up 38% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Apr 27
Non-Executive Director recently bought HK$11m worth of stock On the 22nd of April, Hon Hung Li bought around 600k shares on-market at roughly HK$17.96 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$21m more in shares than they have sold in the last 12 months. Upcoming Dividend • Dec 05
Upcoming dividend of HK$0.72 per share at 6.5% yield Eligible shareholders must have bought the stock before 12 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 6.5%. Lower than top quartile of Hong Kong dividend payers (8.5%). Higher than average of industry peers (4.9%). Reported Earnings • Nov 30
First half 2024 earnings released: EPS: HK$1.61 (vs HK$1.12 in 1H 2023) First half 2024 results: EPS: HK$1.61 (up from HK$1.12 in 1H 2023). Revenue: HK$7.49b (up 34% from 1H 2023). Net income: HK$942.7m (up 43% from 1H 2023). Profit margin: 13% (in line with 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 29
Luk Fook Holdings (International) Limited Announces Interim Dividend for the Six Months Ended 30 September 2023, Payable on 29 December 2023 Luk Fook Holdings (International) Limited announced interim dividend of HKD 0.72 per share for the six months ended 30 September 2023, payable on 29 December 2023. Record date is 14 December 2023. Ex-dividend date is 12 December 2023. Annuncio • Nov 23
Luk Fook Holdings (International) Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 September 2023 Luk Fook Holdings (International) Limited provided consolidated earnings guidance for the six months ended 30 September 2023. for the six months, the company expects Group expects its revenue and profit to increase by over 30% and over 40% respectively as compared to that of the corresponding period last year. The Board considers that this is mainly attributable to continuous improvement in sentiment in the retail markets of Hong Kong SAR, China1 and Macau SAR, China2 following the full reopening of borders amongst Hong Kong, Macau and Mainland China. Coupled with favourable gold sales, the Group's retailing business has returned to normalcy. The Group's performance was further enhanced by a higher overall gross margin due to much increased mix of retailing revenue and improved total operating expenses to revenue ratio. Annuncio • Nov 11
Luk Fook Holdings (International) Limited to Report First Half, 2024 Results on Nov 29, 2023 Luk Fook Holdings (International) Limited announced that they will report first half, 2024 results on Nov 29, 2023 Recent Insider Transactions • Sep 21
Founder recently bought HK$1.4m worth of stock On the 13th of September, Wai Sheung Wong bought around 72k shares on-market at roughly HK$19.89 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$18m worth in shares. Annuncio • Aug 18
Luk Fook Holdings (International) Limited Announces Management Changes Luk Fook Holdings (International) Limited announced that Mr. TSE Moon Chuen ("Mr. TSE"), a Deputy Chairman and Executive Director of the Company, did not offer himself for re-election as a deputy chairman at the Board Meeting held following to the AGM on August 17, 2023. With effect from the conclusion of the Board Meeting on August 17, 2023, Mr. TSE ceased to be a Deputy Chairman of the Company and was re-designated from Executive Director and Deputy General Manager to Non-executive Director and Honorary Consultant. Mr. TSE, aged 72, is the co-founder of the Group. Presently, he is a Non-executive Director and Honorary Consultant of the Group. He is also a member of the Nomination Committee. Mr. TSE has over 50 years of experience in jewellery retailing business and is responsible for the merchandising and production functions of the Group. Mr. TSE is an Executive Committee Member of the Diamond Federation of Hong Kong, China Limited, a Vice President of The Chinese Gold & Silver Exchange Society, the Vice Chairman of The Kowloon Pearls, Precious Stones, Jade, Gold and Silver Ornament Merchants Association, a Honorary Consultant of The Tsuen Wan Festival Lightings Organizing Committee, a President of the Kwun Tong District Junior Police Call (JPC) Honorary President Council, the 35th Vice Chairman of Macau Goldsmith's Guild, an Honorary President of Tsuen Wan Committee for Celebration of Reunification of Hong Kong with China, an Honorary President of Tsuen Wan Preparatory Community of National Day, a Vice President of Zhaoqing Overseas Friendship Association, an Executive Committee Member and Vice Director of Finance of Hong Kong Jewellers' & Goldsmiths' Association, a Vice Chairperson of Tsuen Wan District Fire Safety Ambassador Honorary Presidents' Association, an Honorary President of H.K. Gold & Silver Ornament Workers & Merchants General Union, the 14th Term Executive Director of Guangzhou Panyu Jewelry Manufacturers Association, the 21st Term Honorary Consultant of Hong Kong Precious Metals Traders Association Limited, the 9th Term Honorary President of Tsuen Wan District Elderly Welfare Association, an Honorary Chairman of Hong Kong Gemstone Manufacturers' Association and a Vice Chairman (Finance and Welfare) of the Jewellers & Goldsmiths' Association of Hong Kong Limited. Moreover, Mr. TSE was awarded the "Chief Executive's Commendation for Community Service" by the Government of the Hong Kong SAR. Upcoming Dividend • Aug 15
Upcoming dividend of HK$0.55 per share at 5.4% yield Eligible shareholders must have bought the stock before 22 August 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.2%). Recent Insider Transactions • Jul 05
Founder recently bought HK$6.5m worth of stock On the 28th of June, Wai Sheung Wong bought around 332k shares on-market at roughly HK$19.54 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$20m worth in shares. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$19.50, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$36.14 per share. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: HK$2.19 (vs HK$2.37 in FY 2022) Full year 2023 results: EPS: HK$2.19 (down from HK$2.37 in FY 2022). Revenue: HK$12.0b (up 2.0% from FY 2022). Net income: HK$1.28b (down 7.7% from FY 2022). Profit margin: 11% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 10
Luk Fook Holdings (International) Limited to Report Fiscal Year 2023 Results on Jun 27, 2023 Luk Fook Holdings (International) Limited announced that they will report fiscal year 2023 results on Jun 27, 2023 Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 15% share price gain to HK$27.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$41.35 per share. Reported Earnings • Dec 29
First half 2023 earnings released: EPS: HK$1.12 (vs HK$1.11 in 1H 2022) First half 2023 results: EPS: HK$1.12 (up from HK$1.11 in 1H 2022). Revenue: HK$5.57b (flat on 1H 2022). Net income: HK$657.6m (flat on 1H 2022). Profit margin: 12% (in line with 1H 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 19% share price gain to HK$23.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$41.08 per share. Upcoming Dividend • Dec 02
Upcoming dividend of HK$0.55 per share Eligible shareholders must have bought the stock before 09 December 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 5.7%. Lower than top quartile of Hong Kong dividend payers (8.7%). Higher than average of industry peers (3.9%). Reported Earnings • Nov 30
First half 2023 earnings released: EPS: HK$1.12 (vs HK$1.11 in 1H 2022) First half 2023 results: EPS: HK$1.12 (up from HK$1.11 in 1H 2022). Revenue: HK$5.57b (flat on 1H 2022). Net income: HK$657.6m (flat on 1H 2022). Profit margin: 12% (in line with 1H 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Non-Executive Director King Wai Hui was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Oct 11
Founder recently bought HK$10m worth of stock On the 3rd of October, Wai Sheung Wong bought around 586k shares on-market at roughly HK$17.71 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$14m worth in shares. Recent Insider Transactions • Aug 30
Founder recently bought HK$1.3m worth of stock On the 24th of August, Wai Sheung Wong bought around 67k shares on-market at roughly HK$19.65 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$1.4m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$1.4m worth in shares. Upcoming Dividend • Aug 15
Upcoming dividend of HK$0.55 per share Eligible shareholders must have bought the stock before 22 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 5.5%. Lower than top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (3.8%). Recent Insider Transactions • Aug 09
Non-Executive Director recently bought HK$1.4m worth of stock On the 2nd of August, Hon Hung Li bought around 72k shares on-market at roughly HK$19.12 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$1.8m more in shares than they have sold in the last 12 months. Reported Earnings • Jun 30
Full year 2022 earnings released Full year 2022 results: Revenue: HK$11.7b (up 33% from FY 2021). Net income: HK$1.39b (up 37% from FY 2021). Profit margin: 12% (in line with FY 2021). Over the next year, revenue is forecast to grow 13%, compared to a 19% growth forecast for the retail industry in Hong Kong. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Non-Executive Director King Wai Hui was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Apr 03
Co-Founder recently bought HK$380k worth of stock On the 31st of March, Moon Chuen Tse bought around 20k shares on-market at roughly HK$19.02 per share. This was the largest purchase by an insider in the last 3 months. This was Moon Chuen's only on-market trade for the last 12 months. Reported Earnings • Dec 31
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: HK$1.11 (up from HK$0.50 in 1H 2021). Revenue: HK$5.59b (up 67% from 1H 2021). Net income: HK$653.9m (up 125% from 1H 2021). Profit margin: 12% (up from 8.7% in 1H 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 12%, compared to a 21% growth forecast for the industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Dec 03
Upcoming dividend of HK$0.55 per share Eligible shareholders must have bought the stock before 10 December 2021. Payment date: 24 December 2021. Trailing yield: 4.5%. Lower than top quartile of Hong Kong dividend payers (7.2%). Higher than average of industry peers (2.1%). Reported Earnings • Dec 01
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: HK$1.11 (up from HK$0.50 in 1H 2021). Revenue: HK$5.59b (up 67% from 1H 2021). Net income: HK$653.9m (up 125% from 1H 2021). Profit margin: 12% (up from 8.7% in 1H 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 14%, compared to a 22% growth forecast for the industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improved over the past week After last week's 15% share price gain to HK$24.45, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$16.32 per share. Upcoming Dividend • Aug 16
Upcoming dividend of HK$1.00 per share Eligible shareholders must have bought the stock before 23 August 2021. Payment date: 08 September 2021. Trailing yield: 3.0%. Lower than top quartile of Hong Kong dividend payers (6.4%). Higher than average of industry peers (1.9%). Reported Earnings • Jul 21
Full year 2021 earnings released: EPS HK$1.73 (vs HK$1.48 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$8.86b (down 21% from FY 2020). Net income: HK$1.02b (up 17% from FY 2020). Profit margin: 12% (up from 7.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS HK$1.73 (vs HK$1.48 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$8.86b (down 21% from FY 2020). Net income: HK$1.02b (up 17% from FY 2020). Profit margin: 12% (up from 7.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improved over the past week After last week's 17% share price gain to HK$27.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Specialty Retail industry in Hong Kong. Total loss to shareholders of 2.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$14.71 per share. Recent Insider Transactions • Mar 31
Key Executive recently bought HK$1.2m worth of stock On the 25th of March, So Kuen Chan bought around 60k shares on-market at roughly HK$19.54 per share. This was the largest purchase by an insider in the last 3 months. This was So Kuen's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improved over the past week After last week's 16% share price gain to HK$21.30, the stock is trading at a trailing P/E ratio of 18.9x, up from the previous P/E ratio of 16.3x. This compares to an average P/E of 14x in the Specialty Retail industry in Hong Kong. Total return to shareholders over the past three years is a loss of 8.4%. Is New 90 Day High Low • Feb 24
New 90-day high: HK$21.25 The company is up 9.0% from its price of HK$19.42 on 26 November 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$16.79 per share. Is New 90 Day High Low • Jan 25
New 90-day low: HK$17.54 The company is down 8.0% from its price of HK$19.06 on 28 October 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$13.38 per share. Is New 90 Day High Low • Jan 05
New 90-day low: HK$18.18 The company is down 3.0% from its price of HK$18.80 on 08 October 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$13.63 per share. Reported Earnings • Dec 31
First half 2021 earnings released: EPS HK$0.50 The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: HK$3.34b (down 47% from 1H 2020). Net income: HK$291.2m (down 41% from 1H 2020). Profit margin: 8.7% (up from 7.9% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 18% per year. Analyst Estimate Surprise Post Earnings • Dec 31
Revenue misses expectations Revenue missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 28%, compared to a 22% growth forecast for the Specialty Retail industry in Hong Kong. Reported Earnings • Nov 28
First half 2021 earnings released: EPS HK$0.50 The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: HK$3.34b (down 47% from 1H 2020). Net income: HK$291.2m (down 41% from 1H 2020). Profit margin: 8.7% (up from 7.9% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year and the company’s share price has also fallen by 16% per year. Analyst Estimate Surprise Post Earnings • Nov 28
Revenue in line with expectations Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 28%, compared to a 22% growth forecast for the Specialty Retail industry in Hong Kong. Is New 90 Day High Low • Nov 25
New 90-day high: HK$20.80 The company is up 25% from its price of HK$16.60 on 27 August 2020. The Hong Kong market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$11.38 per share.