Chow Tai Fook Jewellery Group Limited (HKG:1929)

HKG:1929 Income Statement

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	89,234	89,656	108,713	94,684	98,938	70,164
Revenue Growth (YoY)	-9.49%	-17.53%	14.82%	-4.30%	41.01%	23.64%
Cost of Revenue	63,250	63,201	82,671	73,513	76,598	50,089
Gross Profit	25,985	26,455	26,042	21,172	22,340	20,075
Selling, General & Admin	11,966	12,491	13,300	13,696	13,964	11,849
Other Operating Expenses	34.7	53.5	74.3	87.5	94.6	51.1
Operating Expenses	12,001	12,545	13,375	13,783	14,059	11,900
Operating Income	13,984	13,910	12,668	7,388	8,281	8,175
Interest Expense	-625.4	-592.8	-704.6	-585.4	-337.7	-376
Interest & Investment Income	189.6	214.1	256.4	301.2	124.1	141.2
Earnings From Equity Investments	-9.9	-20.4	-19.9	0.3	5.8	4.6
Currency Exchange Gain (Loss)	27	-4.9	-288.7	-328.3	138.1	336.4
Other Non Operating Income (Expenses)	-5,598	-5,521	-3,143	625.9	739.9	466.5
EBT Excluding Unusual Items	7,967	7,985	8,769	7,402	8,951	8,748
Impairment of Goodwill	-	-	-	-	-	-231.5
Gain (Loss) on Sale of Assets	-54.1	-67.5	-40.3	-31.3	-29.7	-30.5
Asset Writedown	-	-	-	15.3	-	-381.5
Other Unusual Items	-	-	-	60.5	61.4	290.4
Pretax Income	7,913	7,917	8,728	7,447	8,983	8,395
Income Tax Expense	1,923	1,928	2,121	1,957	2,103	2,219
Earnings From Continuing Operations	5,989	5,989	6,607	5,490	6,880	6,176
Minority Interest in Earnings	-70.6	-73.4	-107.9	-105.1	-167.6	-149.7
Net Income	5,919	5,916	6,499	5,384	6,712	6,026
Net Income to Common	5,919	5,916	6,499	5,384	6,712	6,026
Net Income Growth	32.16%	-8.98%	20.71%	-19.78%	11.38%	107.73%
Shares Outstanding (Basic)	9,952	9,988	9,996	10,000	10,000	10,000
Shares Outstanding (Diluted)	9,957	9,993	9,998	10,000	10,000	10,000
Shares Change (YoY)	-0.35%	-0.05%	-0.02%	-	-	-
EPS (Basic)	0.59	0.59	0.65	0.54	0.67	0.60
EPS (Diluted)	0.59	0.59	0.65	0.54	0.67	0.60
EPS Growth	32.71%	-8.92%	20.72%	-19.78%	11.38%	107.73%
Free Cash Flow	5,695	9,677	12,872	8,084	12,408	9,637
Free Cash Flow Per Share	0.57	0.97	1.29	0.81	1.24	0.96
Dividend Per Share	0.540	0.520	0.550	0.500	0.500	0.400
Dividend Growth	8.00%	-5.46%	10.00%	-	25.00%	66.67%
Gross Margin	29.12%	29.51%	23.96%	22.36%	22.58%	28.61%
Operating Margin	15.67%	15.52%	11.65%	7.80%	8.37%	11.65%
Profit Margin	6.63%	6.60%	5.98%	5.69%	6.78%	8.59%
Free Cash Flow Margin	6.38%	10.79%	11.84%	8.54%	12.54%	13.73%
EBITDA	15,050	15,131	14,086	8,723	9,491	9,261
EBITDA Margin	16.87%	16.88%	12.96%	9.21%	9.59%	13.20%
D&A For EBITDA	1,066	1,221	1,418	1,334	1,209	1,086
EBIT	13,984	13,910	12,668	7,388	8,281	8,175
EBIT Margin	15.67%	15.52%	11.65%	7.80%	8.37%	11.65%
Effective Tax Rate	24.31%	24.36%	24.30%	26.28%	23.41%	26.43%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.