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Hong Kong jewelry retailer selling gold and gem-set jewelry through owned and franchised stores across Greater China.
Hong Kong jewelry retailer selling gold and gem-set jewelry through owned and franchised stores across Greater China.
Sells gold with the gold price passed through plus a margin, while gem-set pieces earn more per item. Hong Kong and Macau stores rely heavily on mainland visitors, while mainland China is served largely through franchisees. The Wong family controls the company.
In one line: A HK jewelry chain, similar to a smaller Signet Jewelers.
Moat: narrow (brand, distribution). Established jewelry brand and wide franchise network across mainland Chinese cities.
Headquarters: Hong Kong · Founded: 1991 · Employees: 6,700
Size Luk Fook Holdings (International) (0590.HK) is a Hong Kong Consumer Discretionary company (Specialty Stores) with a market value of $1.58B, the 478th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$21.06 on 6 Nov 2026.
Performance Over six months the shares fell 8.5%, against -2.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 29.0% over the last twelve months (peer median +1.9%); the operating margin is 19.6% (peer median 7.1%).
Valuation It trades at 6.1× forward earnings against a peer median of 15.2× (cheapest of 19).
Capital Return on invested capital runs 9.6 points above its cost of capital (6.8% WACC).
Next results Next results expected around 26 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$17.2B | HK$17.2B | HK$13.3B | HK$15.3B | HK$12.0B |
| Revenue growth | — | +29% | -13% | +28% | — |
| Gross profit | HK$6.11B | HK$5.76B | HK$3.88B | HK$3.72B | HK$2.86B |
| EBITDA | HK$3.96B | HK$3.96B | HK$2.43B | HK$2.34B | HK$1.79B |
| Net income | HK$2.05B | HK$2.05B | HK$1.10B | HK$1.77B | HK$1.28B |
| Free cash flow | -HK$103M | -HK$103M | HK$785M | HK$980M | HK$1.25B |
| Capital expenditure | HK$102M | HK$102M | HK$142M | HK$676M | HK$107M |
| Total debt | n/a | HK$4.75B | HK$2.81B | HK$2.03B | HK$860M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Luk Fook Holdings (International) 0590.HK | $1.58B | -9% | +29% | 20% | 6.1× | n/a |
| Chow Tai Fook 1929.HK | $15.0B | +3% | +5% | 19% | 11.3× | -8.1% |
| Chow Sang Sang Holdings International 0116.HK | $1.13B | +7% | +16% | 20% | 3.1× | n/a |
| Signet Jewelers SIG | $4.37B | +34% | +1% | 7% | 9.4× | -1.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0590.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.1% | +6.2% | 5th lowest of 21 |
| 6-month return | -8.5% | -2.7% | 10th lowest of 21 |
| Distance from 52-week high | -39.0% | -17.9% | 8th lowest of 21 |
| Revenue growth (TTM) | +29.0% | +1.9% | 4th highest of 21 |
| Operating margin | 19.6% | 7.1% | 2nd highest of 21 |
| Forward P/E | 6.1× | 15.2× | cheapest of 19 |
| ROIC minus cost of capital | +9.6 pp | +3.6 pp | 3rd highest of 21 |
| EV / EBITDA | 3.7× | 8.0× | cheapest of 13 |
| Net debt / EBITDA | 0.6× | 2.1× | 6th least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Luk Fook Holdings (International) 0590.HK | Hong Kong | $1.58B | -9% | +29% | 20% | 6.1× | n/a | n/a |
| Honasa Consumer HONASA.NS | India | $1.61B | +32% | +21% | 10% | 52.9× | 42.5% | +39.1% |
| Savers Value Village SVV | United States | $1.52B | +22% | +10% | 8% | 18.2× | 12.9% | +15.0% |
| Pets At Home PETS.L | United Kingdom | $1.51B | +48% | -1% | 7% | 15.9× | 9.2% | +5.2% |
| Sally Beauty SBH | United States | $1.71B | +31% | +1% | 9% | 8.3× | -2.6% | +1.0% |
| Beijing Caishikou Department Store 605599.SS | China | $1.71B | -23% | +37% | 4% | 13.3× | -17.2% | +32.7% |
| Leon's Furniture LNF.TO | Canada | $1.43B | +16% | 0% | 8% | 13.3× | -3.3% | +3.0% |
| National Vision EYE | United States | $1.42B | -22% | +8% | 4% | 16.3× | 15.6% | +3.0% |
| Itochu Enex 8133.T | Japan | $1.41B | +3% | +2% | 3% | n/a | -7.1% | +2.9% |
| Sun Art Retail 6808.HK | Hong Kong | $1.37B | -24% | -10% | 0% | n/a | 1.6% | -9.4% |
| Bilia BILI-A.ST | Sweden | $1.37B | +9% | +1% | 3% | 14.6× | 0.9% | +6.0% |
| Chow Tai Seng Jewelry 002867.SZ | China | $1.88B | -12% | -22% | 14% | 13.1× | 1.3% | +11.7% |
| SILICON 2 257720.KS | South Korea | $1.30B | -39% | +55% | 19% | 7.2× | -14.8% | +62.2% |
| Rusta RUSTA.ST | Sweden | $1.28B | -17% | +8% | 8% | 18.7× | 2.5% | +7.3% |
| Sonic Automotive SAH | United States | $1.95B | -24% | +2% | 3% | 9.3× | n/a | n/a |
| MTG 7806.T | Japan | $1.96B | +36% | +44% | 11% | 27.4× | n/a | n/a |
| Chengdu Fusen Noble-House Industrial 002818.SZ | China | $1.26B | -8% | -22% | 42% | 11.2× | -2.7% | -1.0% |
| Nextage 3186.T | Japan | $1.25B | -26% | +24% | 4% | 11.2× | -0.1% | +22.0% |
| Kidswant Digital Technology 301078.SZ | China | $1.24B | -25% | +5% | 5% | 21.8× | -0.6% | +4.2% |
| North West NWC.TO | Canada | $2.02B | +17% | +1% | 8% | 17.1× | -2.8% | +1.9% |
| MarineMax HZO | United States | $1.16B | +21% | -6% | 2% | 32.8× | n/a | n/a |