Beyond Europe · China and Asia
Chow Tai Fook
1929.HK · Hong Kong. Prices to 23 Oct 2026. Updated 25 Oct 2026.
The largest jeweller in Greater China. Quarterly updates give retail sales value, not revenue. Fiscal year ends in March.
Company tag
Weakening
- Sales. Retail sales value, Q2 FY27 (Jul to Sep 2026): −0.5% RSVweakening
- Shares. −11.9% YTD vs Hang Seng −9.9%: −2 ptsstable
Same thresholds as the European Luxury Health Check, but against the local market: growth above 3% scores +1, below 0% scores −1; shares more than 5 points ahead of the Hang Seng year to date score +1, more than 5 points behind score −1. Total −1. This tag is separate and does not feed the European health score.
Key numbers
| Period | Revenue | Growth | Released |
|---|---|---|---|
| Q2 FY27 (Jul to Sep 2026) | not disclosed in the quarterly update | −0.5% RSV | 22 Oct 2026 |
| Earlier periods | not yet verified |
Growth basis: retail sales value, as the company reports it. Retail sales value, not revenue. Download CSV
| Margin and valuation | Value | Source |
|---|---|---|
| Valuation (P/E, yield) | not yet verified |
Reporting lines
Q2 FY27 key operational data
| Mainland | HK, Macao and other | |
|---|---|---|
| RSV growth | −5.3% | +33.2% |
| Share of group RSV | 83.3% | 16.7% |
| Same store sales growth | +2.2% | +29.6% |
Same store sales for Hong Kong and Macao only. Source. Download CSV
What management said
Q2 FY27 (Jul to Sep 2026) Tone: steady
Released 22 Oct 2026. Mainland store closures offset by a strong Hong Kong and Macao. Release.
- Mainland retail sales value down 5.3%; Hong Kong, Macao and other markets up 33.2%. source
- Mainland same store sales up 2.2% at self operated stores; Hong Kong and Macao up 29.6%. source
- Net closure of 240 points of sale in the Mainland in the quarter. source
“The Second Quarter performance demonstrated the resilience of our business model and validated the growing traction of our brand transformation.”
Company announcement, source
Call: No public call transcript checked for this release. Not yet verified.
Annual report. HKEX filings. FY2026 annual report not yet reviewed for this page.
Not yet verified: Revenue and margins (interim results due November 2026). Q3 FY26 to Q1 FY27 operational updates for the four quarter table.
Sources
- Q2 FY27 (Jul to Sep 2026) release
- Share prices: Yahoo Finance daily closes
Last updated 25 Oct 2026. Quotes are copied verbatim from the linked releases.