Financial Highlights
Revenue
HK$24.8 bn
15.0%
Core operating profit
HK$2.4 bn
43.0%
Profit attributable to shareholders
HK$1.9 bn
55.2%
Basic EPS
HK19.0 cents
FY2017:
HK30.6 cents
HK30.6 cents
Dividend per share for the year
HK30.6 cents
Including special dividend per shareHK30.0 cents
"Smart+ 2020" Strategic Framework
Customer
Experience
Experience
Innovation
Technology
Sustainability
Products &
Brands Culture Insights Customisation Retail
Experience
Brands Culture Insights Customisation Retail
Experience
"Smart+ 2020" Strategic FrameworkProducts and Brands
Multi-brand strategy
"Smart+ 2020" Strategic FrameworkProducts and Brands
CHOW TAI FOOK T MARK
Hearts On Fire
CHOW TAI FOOK T MARK
Mainland
China
China
258CIS
11.5%
of diamond
product RSV
product RSV
Hong Kong and Macau
41CIS
15.6%
of diamond
product RSV
product RSV
Hearts On Fire
Mainland
China
China
165SIS/CIS
2.6%
of diamond
product RSV
product RSV
Hong Kong and Macau
27SIS/CIS
3.7%
of diamond
product RSV
product RSV
"Smart+ 2020" Strategic FrameworkRetail Experience
New in-store experiences
Omni-channel retailing
WeChat promotion
engaged with Zhao Liying
engaged with Zhao Liying
Self-service experience corner
"Smart+ 2020" Strategic Framework
Customisation
Introduction of jewellery customisation platform "D-ONE" in Mainland China last year
Insights
Data analytics and insights to improve operating efficiency and deliver an exceptional customer experience
Culture
Loupe, a common design incubation space, was established for local and international jewellery talents in December last year
POS Network
Mainland China
0
POS
0
0
POS
0
Other markets
0
POS
Macau
0
POS
0
Hong Kong
As at 31 March 2018
E-commerce of Mainland China
RSV
0
Unique daily visitors
345,000
Contribution to respective
RSV 0
Retail sales volume 0
Number of followers
~3.4 million
Customer Relationship
Management
Management
Mainland China
1,300,000
30.7%
Hong Kong and Macau
817,000
30.7%
Members
Repeat purchaseas a % of RSV
Revenue
By reportable segment (HK$ m)
FY2018
XX.X%
Mainland China
Hong Kong, Macau and other markets
By product (HK$ m)(excluding jewellery trading and service income
from franchisees)
from franchisees)
FY2018
XX.X%
Gem-set jewellery
Gold products
Platinum/Karat gold products
Watches
SSSG - Major Markets
FY2018
Mainland China
Hong Kong and Macau
-16.9%
-21.5%
3.9%
11.9%
11.4%
9.0%
5.0%
6.8%
-20.2%
-30.3%
-2.0%
4.2%
5.4%
13.0%
5.2%
17.4%
Mainland China
Hong Kong and Macau
SSSG - Major Products
Mainland China
-12.3%
-17.2%
-4.2%
5.1%
3.3%
-1.4%
-1.4%
-7.7%
-21.5%
-26.7%
7.0%
17.2%
16.1%
14.8%
8.1%
13.6%
Gem-set jewellery
Gold products
Hong Kong and Macau
-11.9%
-36.0%
7.8%
19.2%
8.5%
20.6%
-0.9%
15.6%
-27.3%
-23.0%
-17.3%
-17.4%
-4.4%
7.4%
22.2%
17.8%
Gem-set jewellery
Gold products
Core Operating Profit
By reportable segment (HK$ m)
Mainland China
Hong Kong, Macau and other markets
Mainland
China
China
XX.X%
Hong Kong, Macau
and other markets
and other markets
XX.X%
Profitability
Mainland China
29.2%
29.7%
28.7%
20.0%
18.9%
17.9%
10.0%
11.5%
11.6%
Adjusted gross
profit margin
profit margin
SG&A ratio
Core operating
profit margin
profit margin
Hong Kong, Macau and other markets
28.5%
26.7%
24.8%
21.4%
22.0%
19.3%
7.4%
5.3%
6.0%
Adjusted gross
profit margin
profit margin
SG&A ratio
Core operating
profit margin
profit margin
SG&A
(HK$ m)
20.5%
20.1%
18.5%
FY2018
2.0
As a % of revenue
Staff costs
Concessionaire fees
Rental expenses
Advertising and promotion expenses
Depreciation and amortisation
Other SG&A
Capital and Cash Flows Management
Net gearing ratio
28.9%
Hedging ratio
48%
Free cash flows
HK$XX.X bn
Capex
HK$XXX bn
