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Chow Tai Fook Jewellery Group stock: key metrics
1929.HKChow Tai Fook Jewellery Group had an operating margin of 19.2% and a return on invested capital (ROIC) of 30.3% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 12 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2009 | 28.2% | 12.1% | 10.3% |
| 2010 | 29.7% | 13.4% | 9.3% |
| 2011 | 28.3% | 13.5% | 10.1% |
| 2012 | 29.1% | 15.1% | 11.2% |
| 2013 | 28.4% | 12.9% | 9.6% |
| 2014 | 27.3% | 11.6% | 9.4% |
| 2015 | 29.7% | 10.5% | 8.5% |
| 2016 | 27.6% | 7.1% | 5.2% |
| 2017 | 29.2% | 9.1% | 6.0% |
| 2018 | 27.8% | 9.2% | 6.9% |
| 2019 | 27.9% | 9.8% | 6.9% |
| 2020 | 28.3% | 10.2% | 5.1% |
| 2021 | 28.9% | 11.9% | 8.6% |
| 2022 | 23.6% | 9.5% | 6.8% |
| 2023 | 24.0% | 9.5% | 5.7% |
| 2024 | 20.5% | 8.4% | 6.0% |
| 2025 | 29.5% | 15.7% | 6.6% |
| 2026 | 33.1% | 19.2% | 9.5% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2009 | 29.9% | 26.1% | 13.2% |
| 2010 | 26.2% | 30.9% | 12.6% |
| 2011 | 31.3% | 34.9% | 12.2% |
| 2012 | 21.9% | 29.1% | 13.4% |
| 2013 | 16.7% | 18.1% | 12.7% |
| 2014 | 19.6% | 19.0% | 11.8% |
| 2015 | 13.8% | 12.2% | 8.9% |
| 2016 | 8.4% | 7.3% | 5.3% |
| 2017 | 9.6% | 9.5% | 6.2% |
| 2018 | 12.3% | 10.8% | 7.1% |
| 2019 | 14.9% | 12.0% | 7.4% |
| 2020 | 11.0% | 9.6% | 4.4% |
| 2021 | 19.6% | 14.7% | 9.4% |
| 2022 | 20.0% | 16.9% | 7.7% |
| 2023 | 16.6% | 14.8% | 6.2% |
| 2024 | 25.3% | 14.9% | 7.3% |
| 2025 | 22.4% | 23.8% | 7.7% |
| 2026 | 30.8% | 30.3% | 10.5% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = HK$7.8456)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 27 Feb 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.