Beyond Europe · China and Asia
Laopu Gold
6181.HK · Hong Kong. Prices to 23 Oct 2026. Updated 25 Oct 2026.
Heritage style gold jewellery sold at fixed prices, the fastest grower in the group. Reports half yearly.
Company tag
Stable
- Sales. Reported, H1 2026 (Jan to Jun): +60.3%recovering
- Shares. −53.9% YTD vs Hang Seng −9.9%: −44 ptsweakening
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 0. This tag is separate and does not feed the European health score.
Key numbers
| Period | Revenue | Growth | Released |
|---|---|---|---|
| H1 2026 (Jan to Jun) | RMB19,808m | +60.3% | 25 Aug 2026 |
| Earlier periods | not yet verified |
Growth basis: reported, as the company reports it. Download CSV
| Margin and valuation | Value | Source |
|---|---|---|
| Gross margin, H1 2026 | 41.3% | source |
| Net profit margin, H1 2026 | 21.5% | source |
| Valuation (P/E, yield) | not yet verified |

What management said
H1 2026 (Jan to Jun) Tone: strong
Released 25 Aug 2026. Growth still very high but slowing from 2025. Release.
- Revenue up 60.3%; tax inclusive sales performance up 60.6% to RMB22,779m. source
- Profit for the period up 88.2% to RMB4,267m. source
- Gross margin 41.3%, up from 38.1%. source
“The Group’s revenue was approximately RMB19,808.37 million, representing an increase of approximately RMB7,454.13 million or approximately 60.3%”
Interim results announcement, source
Call: No public call transcript checked for this release. Not yet verified.
Annual report. Interim results announcement. Full year 2025 annual report not yet reviewed.
Not yet verified: Quarterly figures (the company reports half yearly). Reporting line tables.
Sources
- H1 2026 (Jan to Jun) release
- Share prices: Yahoo Finance daily closes
Last updated 25 Oct 2026. Quotes are copied verbatim from the linked releases.
