All Hong Kong stocks quotes are at least 15 minutes delayed.
00590
LUK FOOK HOLD
HKD
32.020-0.980
(-2.97%)
1D
AI Analysis for 00590
AI Analysis
High
34.000
Open
31.800
VWAP
32.00
Vol
2.00M
Mkt Cap
15.00B
Low
31.520
Amount
69.00M
EV/EBITDA(TTM)
7.00
Total Shares
587.00M
EV
21.00B
EV/OCF(TTM)
--
P/S(TTM)
1.00
Luk Fook Holdings (International) Ltd is an investment holding company principally engaged in the sale of jewelries. The Company operates its business through five segments. The Retailing-Hong Kong, Macau and Overseas segment is engaged in the retail of jewelries in Hong Kong, Macau and overseas. The Wholesaling-Mainland segment is engaged in the wholesale of jewelries in mainland of China. The Retailing-Mainland segment is engaged in the retail of jewelries in mainland of China. The Wholesaling-Hong Kong segment is engaged in the wholesale of jewelries in Hong Kong. The Licensing segment is engaged in the trademark licensing business.
Show More
News
4.5
01-26aastocksJewelry and Gold Mining Stocks Soar as Gold and Silver Prices Reach Record Highs; LAOPU GOLD Jumps 14% to Six-Month Peak
Gold and Silver Prices Surge: Gold futures in New York reached a historic high of USD5,080.1 per ounce, while silver futures peaked at USD107.925, reflecting significant increases in precious metal prices.
Jewelry Stocks Performance: Hong Kong-listed jewelry stocks, particularly LAOPU GOLD, experienced substantial gains, with expectations of strong sales during the Spring Festival due to high gold prices and promotional activities.
Gold Miners Thrive: Gold mining companies like ZIJIN MINING and ZHAOJIN MINING saw their stock prices rise significantly, benefiting from the increasing gold prices and high trading volumes.
Short Selling Activity: Various stocks in the jewelry and mining sectors showed notable short selling ratios, indicating a mix of investor sentiment and market speculation amidst the rising prices of gold and silver.
2.0
01-23aastocksJewelry and Gold Stocks Perform Well; LAOPU GOLD Rises Approximately 7%; LUK FOOK HOLD Reaches 7.5-Year High; CHOW TAI FOOK Remains Weak
Gold and Silver Prices Surge: Gold prices are nearing US$5,000 per ounce, with spot gold last quoted at US$4,944.08, while spot silver reached US$98.64 per ounce, reflecting significant increases in both metals.
Impact on Jewelry Stocks: The rise in gold prices has led to increased market expectations for gold product prices, positively affecting jewelry stocks in Hong Kong, particularly LAOPU GOLD, which saw a notable increase in its share price.
7.5
01-22aastocksNWD Allegedly Experiencing Large Tenant Departures at 11 SKIES; Airport Authority Engaging with Alternative Developers for Collaboration
Tenant Terminations at 11 SKIES: Numerous tenants, including Chow Tai Fook, Uniqlo, and LUK FOOK HOLD, have terminated their leases at the 11 SKIES mall near Hong Kong International Airport, amid significant short selling activity.
Impact of Terminal 2 Delays: Delays in the construction of the airport's Terminal 2 are expected to postpone the opening of 11 SKIES to at least mid-year, further affecting its prospects.
NWD's Response: New World Development (NWD) has not commented on the tenant terminations, while the Airport Authority Hong Kong is considering alternative operational arrangements with other developers.
Market Activity: The short selling ratios for Chow Tai Fook and other associated companies indicate a lack of confidence in their performance, with Chow Tai Fook experiencing a short selling ratio of 47.384%.
6.5
01-22aastocksCiti Research: CHOW TAI FOOK Anticipates Fixed-price Gold Products to Account for 33-35% of Sales This Year
Chow Tai Fook's Performance: The company achieved same-store sales growth (SSSG) in Q3 FY26, aligning with broker expectations, while management anticipates low to mid-single-digit SSSG during the Lunar New Year period.
Gold Price Impact: Chow Tai Fook's gross margin target is considered conservative, based on a gold price of USD 4,500/oz, which is 7% lower than the current market price, potentially affecting sales of weight-based gold products.
Sales Strategy: Fixed-price gold products are expected to contribute 33-35% of the group's sales this year, with plans to increase this proportion to 35-40% over the next three years.
Broker Ratings: Citi maintains a Buy rating for Chow Tai Fook with a target price of HKD 18.2, while also adjusting earnings forecasts to exceed the company's guidance.
5.0
01-21aastocksLUK FOOK HOLD Launches Five New Stores in Vietnam, Enhancing Retail Footprint in Southeast Asia
Grand Opening Celebration: LUK FOOK HOLD held a "Grand Opening Celebration for Five Shops in Vietnam," marking its rapid expansion in the local market since August 2025, with a simultaneous ribbon-cutting ceremony across all shops.
Market Presence: The company now has points of sale in major Vietnamese cities, including Hanoi, Ho Chi Minh City, and Hai Phong, located in premium shopping malls, enhancing the local jewellery market.
Positive Sales Outlook: Citi has a positive outlook for LUK FOOK HOLD's sales during the Lunar New Year, maintaining a "Buy" rating for the stock.
Future Expansion Plans: LUK FOOK HOLD aims to continue focusing on high-growth markets and accelerate its overseas expansion to enhance its global retail presence.
Money Flow
Over the past 66 trading days, overall net money flow is 40.00M, with retail investors contributing 7.00M and major investors adding 33.00M.
Net Buy $ Volume
Net Sell $ Volume
Citi
maintain
$18.2
2026-01-22
Reason
The analyst rating for Chow Tai Fook (01929.HK) is a "Buy" with a target price of HKD 18.2. This rating is based on several factors:
1. SSSG Performance: The company achieved same-store sales growth (SSSG) in the third quarter of FY26, which was in line with the broker's expectations.
2. Upward Revision of Results Guidance: Chow Tai Fook's management revised its results guidance upward, which exceeded market expectations.
3. Conservative Gross Margin Target: The broker considers the company's gross margin target to be conservative, as it is based on a gold price assumption that is lower than the current market price.
4. Sales Expectations: Management anticipates that SSSG during the Lunar New Year period will be in the low to mid-single digits, and fixed-price gold products are expected to significantly contribute to overall sales.
5. Earnings Forecast Adjustment: Citi fine-tuned its earnings forecast for Chow Tai Fook for 2026 to exceed the company's results guidance, indicating confidence in the company's financial performance.
Overall, these factors contribute to the positive outlook and the "Buy" rating from the analyst.
Citi
Price Target
$18.2
2026-01-22
maintain
The analyst rating for Chow Tai Fook (01929.HK) is a "Buy" with a target price of HKD 18.2. This rating is based on several factors:
1. SSSG Performance: The company achieved same-store sales growth (SSSG) in the third quarter of FY26, which was in line with the broker's expectations.
2. Upward Revision of Results Guidance: Chow Tai Fook's management revised its results guidance upward, which exceeded market expectations.
3. Conservative Gross Margin Target: The broker considers the company's gross margin target to be conservative, as it is based on a gold price assumption that is lower than the current market price.
4. Sales Expectations: Management anticipates that SSSG during the Lunar New Year period will be in the low to mid-single digits, and fixed-price gold products are expected to significantly contribute to overall sales.
5. Earnings Forecast Adjustment: Citi fine-tuned its earnings forecast for Chow Tai Fook for 2026 to exceed the company's results guidance, indicating confidence in the company's financial performance.
Overall, these factors contribute to the positive outlook and the "Buy" rating from the analyst.
Goldman Sachs
Neutral
maintain
$23
2026-01-19
Reason
The analyst rating for LUK FOOK HOLD (00590.HK) is maintained as Neutral by Goldman Sachs due to the need to observe the company's sales resilience in light of rising gold prices and relatively weak overall consumer spending. Despite achieving significant same-store sales growth, the broker is cautious because of the high base during the Lunar New Year period.
Goldman Sachs
Neutral
Price Target
$23
2026-01-19
maintain
The analyst rating for LUK FOOK HOLD (00590.HK) is maintained as Neutral by Goldman Sachs due to the need to observe the company's sales resilience in light of rising gold prices and relatively weak overall consumer spending. Despite achieving significant same-store sales growth, the broker is cautious because of the high base during the Lunar New Year period.
CICC
CICC
Outperform
maintain
2026-01-19
Reason
The analyst rating for LUK FOOK GROUP (00590.HK) is maintained at "Outperform" by CICC due to the company's growth exceeding expectations in the third fiscal quarter of 2026, with a 26% year-over-year increase in retail value. The strong performance in retail sales across mainland China, Hong Kong & Macau, and overseas regions supports this positive outlook. Additionally, CICC raised its target price by 12% to $34.31, reflecting improved industry conditions and offering a projected upside of 25%. The current share price corresponds to a projected PE ratio of 10x/9x for 2026/2027, which further justifies the favorable rating.
CICC
Outperform
Price Target
2026-01-19
maintain
The analyst rating for LUK FOOK GROUP (00590.HK) is maintained at "Outperform" by CICC due to the company's growth exceeding expectations in the third fiscal quarter of 2026, with a 26% year-over-year increase in retail value. The strong performance in retail sales across mainland China, Hong Kong & Macau, and overseas regions supports this positive outlook. Additionally, CICC raised its target price by 12% to $34.31, reflecting improved industry conditions and offering a projected upside of 25%. The current share price corresponds to a projected PE ratio of 10x/9x for 2026/2027, which further justifies the favorable rating.
Citi Research
NULL
to
Buy
maintain
$35.2
2026-01-16
Reason
The analyst rating for LUK FOOK HOLD (00590.HK) is a "Buy" based on several positive factors highlighted in the article. The key reasons for this rating include:
1. Strong Same-Store Sales Growth: The company experienced significant same-store sales growth, with a 31% increase in mainland China franchise stores and a 16% increase in Hong Kong, Macau, and overseas markets, aligning with Citi Research's expectations.
2. Positive Outlook for Upcoming Sales: The same-store sales growth from January 1-7 outperformed the previous quarter, indicating a favorable outlook for the upcoming Lunar New Year sales season.
3. Limited Impact of Underperformance: Although the same-store sales growth for mainland China self-operated stores was below expectations at 7%, these stores represent only about 10% of the Group's revenue, suggesting limited overall impact.
4. Profit Margin Improvement: The significant acceleration in fixed-price gold product growth is expected to positively impact profit margins, further supporting the bullish outlook.
Overall, these factors led Citi Research to issue a "Buy" rating with a target price of $35.2.
Citi Research
NULL
to
Buy
Price Target
$35.2
2026-01-16
maintain
The analyst rating for LUK FOOK HOLD (00590.HK) is a "Buy" based on several positive factors highlighted in the article. The key reasons for this rating include:
1. Strong Same-Store Sales Growth: The company experienced significant same-store sales growth, with a 31% increase in mainland China franchise stores and a 16% increase in Hong Kong, Macau, and overseas markets, aligning with Citi Research's expectations.
2. Positive Outlook for Upcoming Sales: The same-store sales growth from January 1-7 outperformed the previous quarter, indicating a favorable outlook for the upcoming Lunar New Year sales season.
3. Limited Impact of Underperformance: Although the same-store sales growth for mainland China self-operated stores was below expectations at 7%, these stores represent only about 10% of the Group's revenue, suggesting limited overall impact.
4. Profit Margin Improvement: The significant acceleration in fixed-price gold product growth is expected to positively impact profit margins, further supporting the bullish outlook.
Overall, these factors led Citi Research to issue a "Buy" rating with a target price of $35.2.
Citi
Buy
maintain
2026-01-05
Reason
The analyst rating from Citi is based on the expectation that LUK FOOK HOLD will announce stronger operational data for the third quarter of FY26 in January. The report highlights the company's strong sales momentum in October and November, which is anticipated to continue into December. Additionally, the adjustment of the value-added tax policy is expected to positively impact the gross profit margin for the second half of FY26 and the first half of FY27. As a result, Citi maintained a Buy rating and raised its target price for the stock.
Citi
Buy
Price Target
2026-01-05
maintain
The analyst rating from Citi is based on the expectation that LUK FOOK HOLD will announce stronger operational data for the third quarter of FY26 in January. The report highlights the company's strong sales momentum in October and November, which is anticipated to continue into December. Additionally, the adjustment of the value-added tax policy is expected to positively impact the gross profit margin for the second half of FY26 and the first half of FY27. As a result, Citi maintained a Buy rating and raised its target price for the stock.
BOCI
Buy
maintain
$29.2
2025-12-02
Reason
The analyst rating for LUK FOOK HOLD (00590.HK) is maintained at "Buy" by BOCI due to several positive factors. The company's 1HFY2026 net profit grew by 43% year-over-year, exceeding expectations, which reflects strong performance amid expanded product offerings and a recovery in industry sales. Looking ahead, BOCI anticipates that results will benefit from lower inventory costs, manageable hedging losses, and improved sales performance in the Hong Kong and Macau markets. These factors contribute to the continued upward revision of the company's valuation, leading BOCI to raise its target price to $29.2.
BOCI
Buy
Price Target
$29.2
2025-12-02
maintain
The analyst rating for LUK FOOK HOLD (00590.HK) is maintained at "Buy" by BOCI due to several positive factors. The company's 1HFY2026 net profit grew by 43% year-over-year, exceeding expectations, which reflects strong performance amid expanded product offerings and a recovery in industry sales. Looking ahead, BOCI anticipates that results will benefit from lower inventory costs, manageable hedging losses, and improved sales performance in the Hong Kong and Macau markets. These factors contribute to the continued upward revision of the company's valuation, leading BOCI to raise its target price to $29.2.
Haitong International
Outperform
initiated
$40.35
2025-12-02
Reason
Haitong International issued an "Outperform" rating for LUK FOOK HOLD based on several positive financial indicators and forecasts. The broker anticipates significant growth in net profits for FY2026-2028, projecting $1.578 billion, $1.8 billion, and $1.977 billion, respectively. The company's strong performance in the first half of FY2026, with a 25.6% year-over-year increase in revenue to $6.843 billion and a 33.2% increase in gross profit, supports this positive outlook. Additionally, improvements in profit margins and a substantial operating profit growth of 45.4% year-over-year further bolster the rating. The assigned target price of $40.35, based on a 15x PE ratio for FY2026, reflects the broker's confidence in the company's continued financial strength and growth potential.
Haitong International
Outperform
Price Target
$40.35
2025-12-02
initiated
Haitong International issued an "Outperform" rating for LUK FOOK HOLD based on several positive financial indicators and forecasts. The broker anticipates significant growth in net profits for FY2026-2028, projecting $1.578 billion, $1.8 billion, and $1.977 billion, respectively. The company's strong performance in the first half of FY2026, with a 25.6% year-over-year increase in revenue to $6.843 billion and a 33.2% increase in gross profit, supports this positive outlook. Additionally, improvements in profit margins and a substantial operating profit growth of 45.4% year-over-year further bolster the rating. The assigned target price of $40.35, based on a 15x PE ratio for FY2026, reflects the broker's confidence in the company's continued financial strength and growth potential.
BOCI
BOCI
maintain
2025-11-10
Reason
The analyst rating from BOCI is based on the belief that the recent stock price correction of gold jewelry retailers is excessive. Despite expecting a mild negative impact on industry profits due to new VAT regulations on gold, BOCI anticipates only a mid-single-digit decline in EPS. They attribute the stock price decline to various factors, including falling gold prices and profit-taking related to US government shutdowns. BOCI remains optimistic about CHOW TAI FOOK and LUK FOOK HOLD, rating both as "Buy" with target prices of $17.8 and $23.8, respectively, and suggests that upcoming interim results may help alleviate investor concerns.
BOCI
Price Target
2025-11-10
maintain
The analyst rating from BOCI is based on the belief that the recent stock price correction of gold jewelry retailers is excessive. Despite expecting a mild negative impact on industry profits due to new VAT regulations on gold, BOCI anticipates only a mid-single-digit decline in EPS. They attribute the stock price decline to various factors, including falling gold prices and profit-taking related to US government shutdowns. BOCI remains optimistic about CHOW TAI FOOK and LUK FOOK HOLD, rating both as "Buy" with target prices of $17.8 and $23.8, respectively, and suggests that upcoming interim results may help alleviate investor concerns.
Citi Research
Citi
Buy
upgrade
2025-10-22
Reason
The analyst rating for LUK FOOK HOLD was maintained at "Buy" by Citi Research due to several reasons:
1. Improved Profit Margins: After discussions with management, Citi Research found that the profit margin for the first half of FY2026 was better than their initial predictions.
2. Increased Net Profit Forecasts: Citi Research raised its net profit forecasts for FY2026-2029 by 22%, 19%, and 9%, respectively, indicating a more optimistic outlook for the company's financial performance.
3. Attractive Valuation: The broker considers the company's valuation to remain attractive, forecasting a FY2026 price-to-earnings (PE) ratio of 8.9x and a dividend yield of 5%.
4. Target Price Increase: Citi Research lifted its target price for the stock from $30.8 to $34.2, reflecting confidence in the company's future performance.
These factors collectively contributed to the decision to maintain a "Buy" rating.
Citi Research
Buy
Price Target
2025-10-22
upgrade
The analyst rating for LUK FOOK HOLD was maintained at "Buy" by Citi Research due to several reasons:
1. Improved Profit Margins: After discussions with management, Citi Research found that the profit margin for the first half of FY2026 was better than their initial predictions.
2. Increased Net Profit Forecasts: Citi Research raised its net profit forecasts for FY2026-2029 by 22%, 19%, and 9%, respectively, indicating a more optimistic outlook for the company's financial performance.
3. Attractive Valuation: The broker considers the company's valuation to remain attractive, forecasting a FY2026 price-to-earnings (PE) ratio of 8.9x and a dividend yield of 5%.
4. Target Price Increase: Citi Research lifted its target price for the stock from $30.8 to $34.2, reflecting confidence in the company's future performance.
These factors collectively contributed to the decision to maintain a "Buy" rating.
Valuation Metrics
Forward PE
5Y Average PE
8.02
Current PE
8.35
Overvalued PE
9.70
Undervalued PE
6.35
Forward EV/EBITDA
5Y Average EV/EBITDA
4.97
Current EV/EBITDA
5.81
Overvalued EV/EBITDA
5.79
Undervalued EV/EBITDA
4.15
Forward PS
5Y Average PS
0.85
Current PS
0.84
Overvalued PS
1.02
Undervalued PS
0.68
Financials
AI Analysis
Annual
Quarterly
Trading Trends
Daily
Monthly
No data
Short Selling
People Also Watch