Chow Tai Seng Jewellery Co., Ltd. (SHE:002867)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Plain Gold Jewelry	6.34B	11.44B	13.72B	8.47B	5.57B
Plain Gold Jewelry Growth	-44.56%	-16.62%	62.01%	52.16%	232.22%
Inlaid Jewelry	761.39M	758.27M	917.52M	1.30B	2.23B
Inlaid Jewelry Growth	0.41%	-17.36%	-29.40%	-41.69%	0.90%
Other Jewelry	551.74M	601.10M	360.58M	288.04M	213.91M
Other Jewelry Growth	-8.21%	66.70%	25.19%	34.65%	-13.88%
Franchise Management Services	194.45M	220.90M	237.92M	231.48M	227.77M
Franchise Management Services Growth	-11.98%	-7.15%	2.78%	1.63%	9.50%
Supply Chain Services	44.91M	48.73M	69.36M	60.52M	61.31M
Supply Chain Services Growth	-7.84%	-29.75%	14.61%	-1.28%	31.10%
Microfinance	11.33M	18.21M	18.66M	28.80M	35.17M
Microfinance Growth	-37.76%	-2.39%	-35.21%	-18.13%	14.72%
Brand Usage Fee	787.98M	705.81M	862.13M	623.63M	693.93M
Brand Usage Fee Growth	11.64%	-18.13%	38.24%	-10.13%	25.43%
Engineering Management Services	661.32K	1.68M	2.40M	2.00M	1.91M
Engineering Management Services Growth	-60.56%	-30.18%	19.85%	4.66%	4.04%
Unallocated Other	120.37M	97.55M	101.97M	115.65M	126.97M
Unallocated Other Growth	23.39%	-4.33%	-11.83%	-8.92%	14.37%
Total	8.82B	13.89B	16.29B	11.12B	9.16B
Total Growth	-36.54%	-14.73%	46.52%	21.44%	80.07%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Northeast Region	408.44M	734.62M	955.17M	563.70M	426.42M
Northeast Region Growth	-44.40%	-23.09%	69.45%	32.19%	87.68%
North China Region	1.32B	2.80B	3.23B	2.22B	1.86B
North China Region Growth	-52.93%	-13.32%	45.50%	19.20%	130.60%
East China Region	1.58B	2.79B	3.70B	2.80B	2.13B
East China Region Growth	-43.30%	-24.74%	32.36%	31.35%	106.64%
South China Region	3.00B	2.66B	2.54B	1.93B	1.65B
South China Region Growth	12.54%	4.86%	31.73%	16.96%	27.30%
Central China	775.55M	1.90B	2.60B	1.79B	1.31B
Central China Growth	-59.10%	-27.16%	45.81%	36.63%	72.22%
Northwest Region	527.15M	1.11B	1.51B	846.05M	877.11M
Northwest Region Growth	-52.68%	-26.12%	78.23%	-3.54%	133.67%
Southwest Region	1.19B	1.89B	1.75B	979.71M	906.08M
Southwest Region Growth	-37.05%	7.73%	79.06%	8.13%	53.39%
Overseas	21.20M	9.53M	-	-	-
Overseas Growth	122.48%	-	-	-	-
Total	8.82B	13.89B	16.29B	11.12B	9.16B
Total Growth	-36.54%	-14.73%	46.52%	21.44%	80.07%

Source: S&P Global Market Intelligence.