Chow Tai Fook Jewellery Group Future Growth

Future criteria checks 2/6

Chow Tai Fook Jewellery Group's revenue is forecast to decline at 0.2% per annum while its annual earnings are expected to grow at 7.3% per year. EPS is expected to grow by 7.7% per annum. Return on equity is forecast to be 26.8% in 3 years.

Key information

7.3%

Earnings growth rate

7.7%

EPS growth rate

Specialty Retail earnings growth	21.3%
Revenue growth rate	-0.2%
Future return on equity	26.8%
Analyst coverage	Good
Last updated	21 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SHSC:1929 - Analysts future estimates and past financials data (HKD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	106,537	7,958	14,442	9,739	20
3/31/2026	100,758	7,317	8,410	9,483	22
3/31/2025	95,576	6,482	11,478	14,164	22
3/31/2024	108,713	6,499	12,872	13,836	N/A
12/31/2023	103,194	6,550	15,111	16,363	N/A
9/30/2023	97,675	6,600	17,349	18,890	N/A
6/30/2023	96,180	5,992	12,717	14,478	N/A
3/31/2023	94,684	5,384	8,084	10,066	N/A
12/31/2022	97,986	5,926	8,014	9,923	N/A
9/30/2022	101,287	6,467	7,944	9,781	N/A
6/30/2022	100,112	6,590	10,176	11,860	N/A
3/31/2022	98,938	6,712	12,408	13,938	N/A
12/31/2021	94,307	7,044	9,698	11,011	N/A
9/30/2021	89,676	7,375	6,988	8,083	N/A
6/30/2021	79,920	6,701	8,313	9,280	N/A
3/31/2021	70,164	6,026	9,637	10,476	N/A
12/31/2020	61,027	4,813	9,762	10,622	N/A
9/30/2020	51,891	3,600	9,886	10,768	N/A
6/30/2020	54,321	3,251	8,639	9,566	N/A
3/31/2020	56,751	2,901	7,391	8,364	N/A
12/31/2019	61,621	3,537	7,423	8,564	N/A
9/30/2019	66,491	4,173	7,455	8,763	N/A
6/30/2019	66,576	4,375	7,247	8,597	N/A
3/31/2019	66,661	4,577	7,039	8,431	N/A
12/31/2018	65,383	4,414	7,390	8,688	N/A
9/30/2018	64,105	4,252	7,741	8,944	N/A
6/30/2018	61,631	4,174	4,754	5,898	N/A
3/31/2018	59,156	4,095	1,767	2,851	N/A
12/31/2017	56,815	3,854	N/A	3,101	N/A
9/30/2017	54,474	3,613	N/A	3,351	N/A
6/30/2017	52,860	3,334	N/A	4,801	N/A
3/31/2017	51,246	3,055	N/A	6,252	N/A
12/31/2016	50,620	2,831	N/A	7,784	N/A
9/30/2016	49,994	2,606	N/A	9,316	N/A
6/30/2016	53,293	2,774	N/A	11,607	N/A
3/31/2016	56,592	2,941	N/A	13,897	N/A
12/31/2015	59,836	3,631	N/A	9,817	N/A
9/30/2015	63,081	4,321	N/A	5,737	N/A
6/30/2015	63,679	4,888	N/A	6,653	N/A
3/31/2015	64,277	5,456	N/A	7,568	N/A
12/31/2014	66,618	5,956	N/A	5,447	N/A
9/30/2014	68,959	6,456	N/A	3,325	N/A
6/30/2014	73,183	6,864	N/A	-1,047	N/A
3/31/2014	77,407	7,272	N/A	-5,419	N/A
12/31/2013	73,587	7,231	N/A	416	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1929's forecast earnings growth (7.3% per year) is above the savings rate (2.3%).

Earnings vs Market: 1929's earnings (7.3% per year) are forecast to grow slower than the Hong Kong market (11.7% per year).

High Growth Earnings: 1929's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1929's revenue is expected to decline over the next 3 years (-0.2% per year).

High Growth Revenue: 1929's revenue is forecast to decline over the next 3 years (-0.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1929's Return on Equity is forecast to be high in 3 years time (26.8%)

Chow Tai Fook Jewellery Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

Chow Tai Fook Jewellery Group Limited to Report Q2, 2025 Results on Nov 26, 2024

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 20%

Chow Tai Fook Jewellery Group Limited Announces Resignation of Cheng Chi-Kong as Executive Director

Executive Chairman recently bought HK$969k worth of stock

Executive Chairman recently bought HK$11m worth of stock

Chow Tai Fook Jewellery Group Limited Declares Final Dividend for the Year Ended 31 March 2024

Upcoming dividend of HK$0.30 per share

Now 20% undervalued after recent price drop

Executive Chairman recently bought HK$20m worth of stock

Chow Tai Fook Jewellery Group Limited, Annual General Meeting, Jul 24, 2024

Full year 2024 earnings released: EPS: HK$0.65 (vs HK$0.54 in FY 2023)

Chow Tai Fook Jewellery Group Limited Proposes Final Dividend for the Year Ended 31 March 2024, Payable on 20 August 2024

Chow Tai Fook Jewellery Group Limited to Report Fiscal Year 2024 Results on Jun 13, 2024

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of HK$0.25 per share at 4.5% yield

Chow Tai Fook Jewellery Group Limited Announces Changes to Board and Committees

First half 2024 earnings released: EPS: HK$0.46 (vs HK$0.33 in 1H 2023)

Chow Tai Fook Jewellery Group Limited to Report Q2, 2024 Results on Nov 23, 2023

Upcoming dividend of HK$1.00 per share at 3.5% yield

Chow Tai Fook Jewellery Group Limited, Annual General Meeting, Jul 07, 2023

Full year 2023 earnings released: EPS: HK$0.54 (vs HK$0.67 in FY 2022)

Chow Tai Fook Jewellery Group Limited Propose Special Dividend, Payable on 31 July 2023

Chow Tai Fook Jewellery Group Limited to Report Fiscal Year 2023 Results on Jun 08, 2023

Now 21% undervalued after recent price drop

Upcoming dividend of HK$0.22 per share

First half 2023 earnings released: EPS: HK$0.33 (vs HK$0.36 in 1H 2022)

Chow Tai Fook Jewellery Group Limited Announces Executive Changes

Chow Tai Fook Jewellery Group Appoints Theresa Lui as Chief People Officer, Effective November 28, 2022

Chow Tai Fook Jewellery Group Limited to Report First Half, 2023 Results on Nov 24, 2022

Chow Tai Fook Jewellery Group Limited Approves Final Dividend for the Year Ended 31 March 2022

Upcoming dividend of HK$0.28 per share

Full year 2022 earnings released: EPS: HK$0.67 (vs HK$0.60 in FY 2021)

Chow Tai Fook Jewellery Group Limited, Annual General Meeting, Jul 27, 2022

Chow Tai Fook Jewellery Group Limited to Report Q4, 2022 Results on Jun 09, 2022

Chow Tai Fook Jewellery Group Limited to Report Q4, 2022 Results on Apr 13, 2022

Executive Chairman recently bought HK$5.9m worth of stock

Upcoming dividend of HK$0.22 per share

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Upcoming dividend of HK$0.24 per share

GM & Executive Director recently bought HK$308k worth of stock

GM & Executive Director recently bought HK$308k worth of stock

Full year 2021 earnings released: EPS HK$0.60 (vs HK$0.29 in FY 2020)

New 90-day high: HK$10.70

First half 2021 earnings released: EPS HK$0.22

Revenue misses expectations

Upcoming Dividend of HK$0.16 Per Share

First half 2021 earnings released: EPS HK$0.22

Revenue misses expectations

Chow Tai Fook Jewellery Group Limited Announces Resignation of Chan Hiu-Sang, Albert as an Executive Director, Member of the Executive Committee of the Board and Retire from All Subsidiaries of the Company of All Directorships and Executive Positions

Chow Tai Fook Jewellery Group Limited to Report First Half, 2021 Results on Nov 24, 2020

New 90-day high: HK$10.78

New 90-day high - HK$10.22

New 90-day high - HK$8.40

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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