Chow Tai Fook Jewellery Group (HK) Valuation. 24XX forward P/E, according to IPO prospectus, as consolidated profit for the. Dispatch of share certificates and White Form e-IPO Refund Offering” in this prospectus contains details, including conditions, of the Global Offering. (2) Chow Tai Fook Enterprises Limited, a company incorporated. CHOW TAI FOOK JEWELLERY GROUP LIMITED. (Incorporated in the Cayman . Enterprises Group, as disclosed in the Prospectus and the.

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During the period from todespite the global financial crisis, the number of registered marriages continued to increase at a CAGR of 9. We enter into gold loans and bullion forward contracts as part of our commodity price risk management chod to seek to reduce our exposure to fluctuations in gold price.

Overthe average price of chhow diamond decreased by If we are unable to remain competitive, we will lose market share to our competitors as well as to new entrants in the markets in which we operate. Immediately following the completion of the Reorganisation and prior to the Listing, the structure of our Group is as follows: On what stock exchange are Chow Tai Fook’s shares traded and what is the ticker?

Nominal value Stock code: Similar instances of supply and demand mismatch are also observed in other raw materials markets, such as that for diamond, which in turn could drive the scarcity value of precious stones and metals. We have an effective vertically integrated business model that gives us centralised and tight control over our processes, from raw material procurement, design, production and marketing to sales through our extensive retail network.

Chow Tai Fook Jewellery Group Limited – Investor Relations > Investor FAQ

Event-driven jewellery purchases of PRC consumers Event-driven purchases are an important driver of jewellery retail sales in the PRC, Hong Kong and Macau due to the Chinese tradition of jewellery gift-giving including gold ornaments and diamond jewellery at ceremonial cbow festive events such as weddings, Mid-Autumn Festival, Chinese New Year, birthday celebrations and newborn arrivals.

In the event we are unable to renew our leases on terms acceptable to us or such leases are terminated for any reason prior to their expiration, we will need to relocate the relevant POS to alternative premises.


In the event that we decide to significantly modify our employment or labour policy or practice, or reduce the number of our employees or otherwise, the Labour Contract Law may also limit our ability to effect the modifications or changes in the manner that we believe to be most cost-efficient or otherwise desirable, which could materially and adversely affect our business and results of operations. For example, in May and Aprilgai PRC experienced earthquakes with reported magnitudes of 8.

Set out below are the key milestones in our over 80 years of heritage: In addition, our operations depend significantly on our ability to manage our inventory efficiently and deliver products to our POS network in a cuow and efficient manner. Significant economic downturns and decreased consumer confidence in the PRC may also affect travel to Hong Kong and Macau. At the same time, compared to a franchising model, a selfoperated POS model allows for an additional layer of margin and profit potential due to the elimination of the wholesale-retail spread, enabling retailers to capture the full retail margin.

However, we cannot assure you that counterfeiting of our products will not occur in the future in the Prospectsu or elsewhere and that we will be able to effectively deter or address counterfeiting or other types of infringement of our intellectual property rights in a timely manner. After these restrictions lapse or if they are waived or breached, future sales, or perceived sales, of substantial amounts of our Shares could negatively impact the market price of our Shares and our ability to raise capital in the future.

We choose only reputable banks that are active in the gold hedging market and have well-capitalised financial positions. As at 30 Septemberout of 1, of our self-operated POS were operated as Concessionaire Prospecttus within department stores through concessionaire agreements. Wong Siu-Kee, Kent Dr. However, we are aware of infringements by other parties of our trade name or trademarks and we take action against such other parties from time to time.

The success of our business in the regions in which we operate is dependent on our ability to identify market trends and customer preferences in those regions, and then to design and bring to market in a timely manner products cohw satisfy the current preferences of a broad range of customers in each respective region, by either enhancing existing products or developing new product offerings.


Accordingly, you should not place undue reliance on any forward-looking information.

Leverage our market expertise.

Which period does the Chow Tai Fook’s fiscal year cover? The initial offering price for our Shares will be determined by us after, and based on, consultation with the Joint Bookrunners on behalf of the Underwriters and may differ significantly from the market price for our Shares following the completion of the Global Offering.

If our PRC subsidiaries cannot pay dividends due to government policies or regulations, or because they cannot generate sufficient cash flow, we may not be able to pay dividends, service our debt, or pay our expenses, which may have a material adverse effect on our business, results of operations and financial condition. However, as discretionary income increases in China, many consumers will seek to purchase higher priced jewellery items such as diamond and platinum products.

There are numerous brands of watchmakers in the PRC, mainly dominated by imported Swiss brands, local domestic manufacturers and other Asian and Japanese players in the mass to high-end luxury prospectuw.

Our management also holds regular meetings to review the effectiveness of our hedging strategies.

Our PRC subsidiaries, as foreign invested enterprises, may also be required to set aside individual funds for staff welfare, bonuses and development, at the discretion of such PRC subsidiaries and as stipulated in their articles of association.

The strong growth in branded mass to high-end luxury watches in Hong Kong and Macau can be attributed to the fast-growing number of tourists, the rising standard of living of PRC tourists, increasing domestic expenditure on luxury goods and a growing desire for authentic, aspirational brands.

Our turnover increased by Correspondingly, our profit for the year increased by We cannot assure you that we will be able to lease or acquire suitable locations on terms commercially acceptable to us, as we have been able to do so in the past.

Gold prices have increased significantly over the past few years.