Luk Fook Holdings (international) Limited · HKEX:590
Luk Fook Holdings (international) — H1 FY2023/24 Earnings Presentation
70 slides from Luk Fook Holdings (international)'s earnings presentation, November 2023
Slide 1: Corporate Presentation FY2023/24 Interim Results
CORPORATE PRESENTATION FY2023/24 Interim Results 企业简报 2023/24财年中期业绩
Slide 2: Contents
1H FY2023/24* FINANCIAL HIGHLIGHTS 2023/24上半财年*财务亮点 FINANCIAL REVIEW 财务回顾 FUTURE PLANS AND STRATEGIES 未来计划与策略 BRANDING 品牌推广策略 SUSTAINABILITY 可持续性 OPEN FORUM 公开讨论 CONTENTS CORE COMPETENCES 内容 核心竞争优势 COMPANY PROFILE 公司简介 APPENDICES 附录 * 1H FY2023/24: Hereafter refers to as“1H FY2024” 2023/24上半财年: 往后称为
Slide 3: 1H FY2024 Financial Highlights
1H FY2024 FINANCIAL HIGHLIGHTS 2024上半财年财务亮点 3
Slide 4: 1H FY2024 Financial Highlights
1H FY2024 FINANCIAL HIGHLIGHTS 2024上半财年财务亮点 Revenue 收入 Retailing Revenue 零售收入 HK$ 7,486 M 百万港元 34.3% HK$ 6,030 M 百万港元 • Benefitted from the full reopening of borders with the recovery of 55.7% the retailing business in Hong Kong SAR, China1 and Macau SAR, • Driven by the sales of gold products Chi
Slide 5: 1H FY2024 Financial Highlights
1H FY2024 FINANCIAL HIGHLIGHTS 2024上半财年财务亮点 Revenue 收入 Operating Profit 经营溢利 Profit Attributable to HK$7,486M(百万港元) HK$1,140M(百万港元) Equity Holders +34.3% +39.3% 权益持有人应佔溢利 HK$943M(百万港元) +43.3% Basic Earnings per Share Proposed Interim Dividend Worldwide total no. of shops 每股基本盈利 per Share 店铺总数 HK$ 1.
Slide 6: Financial Review
FINANCIAL —_ REVIEW VWeaelyi
Slide 7: Financial Review
FINANCIAL REVIEW 财务回顾 1H FY2024 1H FY2023 Y-o-Y Changes 1H FY2019 Changes (HK$M) (百万港元) 2024上半财年 2023上半财年 按年变化 2019上半财年 变化 Revenue 收入 7,486 5,573 +34.3% 7,859 -4.8% Gross Profit 毛利 2,081 1,456 +42.9% 1,863 +11.7% Operating Profit 经营溢利 1,140 818 +39.3% 838 +36.1% Profit for the Year 年內溢利 943 658 +43.
Slide 8: Dividend
DIVIDEND 股息 1H FY2024 1H FY2023 Y-o-Y Changes 1H FY2019 Changes (HK$) (港元) 2024上半财年 2023上半财年 按年变化 2019上半财年 变化 Basic Earnings per Share 每股基本盈利 HK$1.61 HK$1.12 +43.8% HK$1.13 +42.5% Interim Dividend per Share 每股中期股息 HK$0.72 HK$0.55 +30.9% HK$0.55 +30.9% Dividend Payout Ratio 派息比率1 45% 49% -4 p.p. 49%
Slide 9: Key Financial Indicators
KEY FINANCIAL INDICATORS 主要财务指标 6-Month Y-o-Y 1H FY2024 FY2023 1H FY2023 1H FY2019 Changes (HK$M) (百万港元) Changes Changes 2024上半财年 2023财年 2023上半财年 2019上半财年 变化 6个月变化 按年变化 Inventories 存货 9,438 8,853 +6.6% 8,214 +14.9% 8,839 +6.8% Average Inventory Turnover Days1 平均存货周转日1 318 378 -60 390 -72 261 +57 Clo
Slide 10: Summary – Financial Position
SUMMARY – FINANCIAL POSITION 财务状况摘要 6-Month Y-o-Y As at 30 Sep 2023 As at 31 Mar 2023 As at 30 Sep 2022 As at 30 Sep 2018 Changes (HK$M) (百万港元) Changes Changes 截至2023年9月30日 截至2023年3月31日 截至2022年9月30日 截至2018年9月30日 变化 6个月变化 按年变化 Non Current Assets 非流动资产 3,525 2,955 +19.2% 2,951 +19.4% 2,078 +69.6% Curr
Slide 11: 1H FY2019-2024 Operating Performance
1H FY2019-2024 OPERATING PERFORMANCE 2019-2024上半财年营运表现 (HK$M) (百万港元) 33.2% 30,000 29.9% 26.8% 27.8% 26.1% 30.0% 23.7% 25,000 20.0% 14.7% 15.2% 14.0% 10.7% 10.5% 11.6% 11.7% 11.8% 12.6% 10.0% 20,000 8.5% 8.8% 7.9% 0.0% 15,000 Revenue -10.0% 收入 Operating Profit 经营溢利 -20.0% 10,000 Profit for the Period
Slide 12: Revenue and Profit Analysis
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Revenue and Segment Profit by Market 64.5% (52.0%) 按市场划分的收入及分部溢利 54.3% (30.3%) 35.5% Revenue Segment Profit Segment Profit Margin 45.7% (48.0%) HK$M 百万港元 收入 分部溢利 分部溢利率 (69.7%) Hong Kong, Macau & Overseas 香港、澳门及海外 4,830 667 13.8% Y-o-Y Changes 按年变化 +66.6% +156.9% +
Slide 13: Revenue and Profit Analysis
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Revenue and Segment Profit by Business 按业务划分的收入及分部溢利 7.3% (9.7% ) Revenue Segment Profit Segment Profit Margin 31.9% HK$M 百万港元 收入 分部溢利 分部溢利率 12.2% (45.7%) (20.8%) 53.9% Retailing 零售 6,030 662 11.0% 14.2% (32.7%) Y-o-Y Changes 按年变化 +55.7% +137.0% +3.8 p.p. (21.6%)
Slide 14: Revenue and Profit Analysis
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Sales1 and Gross Profit2 by Product 按产品划分的销售1及毛利2 70.0% (62.2%) 55.4% (45.5%) Sales1 Gross Profit2 Gross Margin 44.6% 30.0% HK$M 百万港元 销售1 毛利2 毛利率 (54.5%) (37.8%) Gold & Platinum 黄金及铂金 4,861 926 19.1% Y-o-Y Changes 按年变化 +55.4% +94.0% +3.8 p.p. Fixed Price Jewellery
Slide 15: Margin Analysis
MARGIN ANALYSIS 溢利率分析 1H&2H上半财年及下半财年 Full Year 全年 30% 30% Segment Profit Margin by Market 23.3% 23.7% 22.9% 23.7% 22.3% 23.5% 23.3% 20.2% 21.1% 21.30% 分部溢利率 (以市场划分) 19.10% 17.50% 18.40% 20% 15.00% 16.20% 13.8% 20% 15.60% Mainland 11.20% 8.90% 9.0% 8.6% 8.30% 7.0% 内地 10% 9.80% 8.80% 4.9% 2.40% 2.6% 1
Slide 16: Regional Revenue & Profit Analysis by Business
REGIONAL REVENUE & PROFIT ANALYSIS BY BUSINESS 地区收入及溢利分析以业务划分 Hong Kong, Macau and Overseas 香港、澳门及海外 85.4% 3.3% (81.3%) 98.2% Revenue Segment Profit Segment Profit Margin (2.6 %) (97.8%) HK$M 百万港元 收入 分部溢利 分部溢利率 0.4% 11.3% (0.2%) (16.1%) Retailing 零售 4,744 569 12.0% Y-o-Y Changes 按年变化 +67.4% +169.7%
Slide 17: Regional Revenue & Profit Analysis by Business
REGIONAL REVENUE & PROFIT ANALYSIS BY BUSINESS 地区收入及溢利分析以业务划分 48.5% (38.8%) Mainland 内地 16.6% Revenue Segment Profit Segment Profit Margin (11.5%) HK$M 百万港元 收入 分部溢利 分部溢利率 17.5% Retailing 零售 1,286 93 7.2% 19.7% 65.9% (24.1%) 31.8% Y-o-Y Changes 按年变化 +23.9% +36.0% +0.6 p.p. (20.1%) (64.4%) (41.1%) Who
Slide 18: Regional Segment Profit Margin Analysis by Business
REGIONAL SEGMENT PROFIT MARGIN ANALYSIS BY BUSINESS 地区分部溢利率分析以业务划分 Hong Kong, Macau and Overseas Mainland 香港、澳门及海外 内地 175% 159.2% 100% 78.6% 80.7% 150% 74.8% 109.1% 70.3% 69.4% 71.0% 71.7% 70.6% 75% 62.5% 68.6% 66.4% 125% 101.4% 104.9% 103.5% 101.9% 99.3% 98.8% 101.2% 100.2% 100.3% 100% 50% 75% 6.0%
Slide 19: Retailing Revenue Analysis
RETAILING REVENUE ANALYSIS 零售收入分析 Retailing Revenue by Region Retailing Revenue by Product 收入 (以市场划分) 收入 (以产品划分) Hong Kong, Macau and Overseas (% of Revenue) 香港、澳门及海外 (% of Revenue) (收入占比 %) (收入占比 %) 100% 2% HK$0.29B 100% 3% 4% 6% 5% 8% 2.9亿港元 23% HK$1.16B 25% (↓ 4.6%) 80% 38% 36% 34% 11.6亿港元 19% 45
Slide 20: E-commerce
E-COMMERCE 电子商务 Revenue 收入 Sales by Product FY2024 Revenue Growth Target 销售以产品划分 HKD 873M 百万港元 +33.1% 2024财年收入增长目标 Y-o-Y Changes 按年变化 +10% Average Selling Price 平均售价1 8.7% (13.5%) RMB 1,700 人民币 +6.3% Y-o-Y Changes 按年变化 Contribution to Mainland Retailing Revenue2 占内地零售收入2: 67.9% (1H FY2023: 63.2%) Co
Slide 21: Retailing Analysis
RETAILING ANALYSIS 零售分析 SSSG 同店销售增长* Y-o-Y Changes 按年变化 1H FY2024 1H FY2023 1H FY2024 1H FY2023 2024上半财年 2023上半财年 2024上半财年 2023上半财年 Revenue** Quantity ASP Revenue** Quantity ASP 收入 件数 平均售价 收入 件数 平均售价 Overall +44% +19% +60% +50% +6% +10% -6% +16% 整体 Gold & Platinum +44% +35% +58% +57% +1% +25% +16% +
Slide 22: Retailing Analysis on Mainland
RETAILING ANALYSIS ON MAINLAND 内地零售分析 Same Store Sales Growth 同店销售增长 1H FY2024 1H FY2023 2024上半财年 2023上半财年 Gold & Platinum Fixed Price Jewellery Overall Licensed Shops Gold & Platinum Fixed Price Jewellery Overall Licensed Shops 黃金及铂金 定价首饰 整体 品牌店 黃金及铂金 定价首饰 整体 品牌店 Licensed Shops 品牌店 +2% -12% -2% N/A
Slide 23: Quarterly Same Store Sales Growth
QUARTERLY SAME STORE SALES GROWTH 季度同店销售增长 FY2021 FY2022 FY2023 FY2024 2021财年 2022财年 2023财年 2024财年 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Overall +22% +14% -10% -6% -71% -55% -29% +30% -1% +40% -10% +83% +62% +31% 整体 Gold +26% +23% -9% -6% -67% -46% -25% +42% +9% +62% -5% +92% +67% +30% 黄金 Gold (
Slide 24: Average Ticket Size & Fixed Price Jewellery Average Selling Price
AVERAGE TICKET SIZE & FIXED PRICE JEWELLERY AVERAGE SELLING PRICE 每单平均消费及定价首饰产品平均售价 Average Ticket Size Fixed Price Jewellery Average Selling Price 每单平均消费 定价首饰产品平均售价 $ (in terms of respective currency ) 元 (以相应货币计算) Diamond, jadeite, gem stones and pearl products 钻石，翡翠，宝石及珍珠产品 20,000 ↑ 32.6% $ (in te
Slide 25: Wholesaling Revenue Analysis
WHOLESALING REVENUE ANALYSIS 批发收入分析 Wholesaling Revenue by Product 批发收入 (以产品划分) Hong Kong, Macau and Overseas Wholesaling Revenue by Region (% of Revenue) 香港、澳门及海外 批发收入 (以市场划分) (收入占比 %) 100% 2% (% of Revenue) (收入占比 %) Fixed Price 80% 37% HK$28.9M 100% 44% Jewellery 50% 55% 28.9百万港元 定价首饰 (↓ 42.0%) 90
Slide 26: Total Operating Expenses
TOTAL OPERATING EXPENSES 23.7% 总经营开支 (HK$M) 15.1% 17.2% 15.4% 15.1% 14.3% (% of Revenue) (收入占比%) (百万港元) 1,184 1,087 1,070 (↑27.3%) Total % 1000 总计 % 3.0% 235 0.6% 48 3.4% 216 Other Expenses 900 860 3.3% 248 (↑23.4%) 其他开支 0.7% 56 840 0.7% 42 794 800 0.9% 59 0.6% 46 (↑6.3%) Advertising & Marketing 3.7
Slide 27: Inventory Analysis
INVENTORY ANALYSIS 存货分析 Closing Inventories 期末存货 (HK$M) (百万港元) 1H FY2023 1H FY2024 2023上半财年 2024上半财年 (↑15%) 8,214 9,438 8,000 7,000 4,374 (↑19%) 3,268 40% (↑34%) 5,997 46% Gold & Platinum 6,000 5,039 黃金及铂金 5,000 2,749 Fixed Price Jewellery 46% (↑8%) 4,000 1,967 39% (↑40%) 3,441 定价首饰 3, 175 3,000 41%
Slide 28: Capex
CAPEX 资本开支 (HK$M) (百萬港元) 900 840 800 700 626 Purchase of Premises 600 购置物业 Furniture, fixture and equipment & leasehold improvements 家俬、装置与设备及租赁物业装修 500 Shops 803 店铺 400 Offices 公司 560 Manufacturing Plants 300 271 加工厂 200 177 210 143 100 149 101 9 1 4 43 3 27 14 6 52 21 38 37 31 5 61 6 28 19 5 42 6
Slide 29: Financial Impact of Investments and Operating Activities in HKRH & Its Subsidiaries
FINANCIAL IMPACT OF INVESTMENTS AND OPERATING ACTIVITIES IN HKRH & ITS SUBSIDIARIES 香港资源控股及其附属公司的投资及营运活动之财务影响 Lukfook Group acquired 50% interest of CGS1 in June 2014 六福集团于2014年6月完成收购中国金银1 50%权益 On 30 July 2023, the Group entered into Sale and Purchase agreement with major shareholders of HKRH to ac
Slide 30: Future Plans & Strategies
FUTURE PLANS & STRATEGIES 未来计划与策略 30
Slide 31: Three-Year Key Strategies (FY2023-FY2025)
THREE-YEAR KEY STRATEGIES (FY2023-FY2025) 三年主要策略 (2023-2025财年) Sustainable Growth Focus on Mainland Market Expansion 持续增长 专注于内地市场拓展 Focus on Operational Efficiency 专注于营运效益 Focus on Branding 专注于品牌推广策略 31
Slide 32: Network Expansion and Capex in FY2024
NETWORK EXPANSION AND CAPEX IN FY2024 2024财年零售网络扩充及资本开支 Focus on Mainland Market Expansion 专注于内地市场拓展 As at 30 Sep 2023: Worldwide total no. of shops 店铺总数: 3,289 于2023年9月30日: Net addition 净增加: +184 Hong Kong & Overseas Mainland Macau 海外 E-commerce 内地 香港 & 澳门 电子商务 Shops 店铺：3,204 Shops 店铺：19 Shops 店铺：6
Slide 33: Lukfook Distribution Network in Mainland
“LUKFOOK” DISTRIBUTION NETWORK IN MAINLAND 「六福」内地分销网络 Total No. of shops 店铺总数：2,983 (+121) Total No. of Licensees 品牌商总数 869(+33) As at 30 Sep 2023 Total No. of Provinces 省总数 27(0) 于2023年9月30日 Total No. of Municipalities 直辖市总数 4(0) Total No. of Cities 城市总数 632(+8) 27.5% Self-operated Licensed Total M
Slide 34: Three-Year Key Strategies (FY2023-FY2025)
THREE-YEAR KEY STRATEGIES (FY2023-FY2025) 三年主要策略 (2023-2025财年) Focus on Operational Efficiency 专注于营运效益 Maximize staff productivity 提升员工产能至最高水平 Cultivate continuous improvement (CI) culture 营造持续改善文化 Nurture innovation culture 培育创新文化 Improve productivity 促进生产力 Supply chain management revamp 重新规划
Slide 35: Three-Year Key Strategies (FY2023-FY2025)
THREE-YEAR KEY STRATEGIES (FY2023-FY2025) 三年主要策略 (2023-2025财年) Focus on Branding 专注于品牌推广策略 Establish and strengthen brand image and positioning Enhance support 确立及强化品牌形象及定位 to licensees 完善对品牌商的支援 Offer right products to market 提供合符市场需求的产品 Service quality optimization 优化服务质素 Product quality assurance
Slide 36: Branding
BRANDING 品牌推广策略 Integrated strategies to attract target customers and to foster high customer loyalty 整合的策略 以吸引目标顾客和培养高水平的顾客忠诚度 36
Slide 37: Celebrity Marketing
CELEBRITY MARKETING 名人市场推广 Invited a variety of celebrities for short to long-term marketing campaigns to raise brand awareness and recognition among our target customers of different brands and product collections 邀请多位名人参与短期或长期推广项目，以增加各品牌及产品系列在市场的知名度和认可度 37
Slide 38: Distinct Shopping Experience
DISTINCT SHOPPING EXPERIENCE 独特购物体验 Introduced various new shop images to rejuvenate brand and extend the unparalleled shopping experience to exhibitions and roadshows to further exploit local consumption 引入各种新店铺形象以焕发品牌，并将非凡的购物体验延伸至展览及巡展，进一步开发当地消费潜力 New Shop Image 新店铺 Exhibitions and Roadshows 展览及巡展
Slide 39: Wedding Promotion
WEDDING PROMOTION 婚嫁推广 Rolled out the “Endless Blooms and Endless Love” online and offline campaign to promote wedding series, which achieved total exposure of more than 380 million views 为推广婚嫁系列，推出「无尽花开．无尽甜爱」一系列线上线下活动，总曝光率逾3.8亿 Live Streaming on Weibo Creative Floral Outdoor Decorations Lukfook Flo
Slide 40: Anniversary Campaign
ANNIVERSARY CAMPAIGN 周年庆活动 To celebrate anniversary, we rolled out the “Share Love & Fun of AI” campaign covering a series of online and offline activities, which reached exposure of 1 billion views 为庆祝周年庆，推出「FUN享缤纷AI」活动，涵盖一系列线上线下活动，总曝光率达10亿 Invited famous idol Neo Hou to be Number of views of live
Slide 41: Collaboration with Trending IP
COLLABORATION WITH TRENDING IP 流行IP授权合作 Jointly launched products with various trending IPs to reach out to the Generation Z consumers 与知名IP联名推出产品，以接触更多Z世代的客户 Sponsored and made the KPL championship rings Jointly launched gold jewellery product Collaborated with IP “the land of warriors” by Tencent
Slide 42: Joint Promotion with Reputable Partners
JOINT PROMOTION WITH REPUTABLE PARTNERS 联合推广 Co-organised promotion activities with various reputable partners to expand brand exposure to target customers 与知名品牌合作推广，以扩大品牌在目标客户之间的曝光率 Co-organised a Workshop with a beauty salon 与美容中心合作举办沙龙活动 Collaborative Afternoon Tea by Lukfook Jewellery and Conrad
Slide 43: Customer Relationship
CUSTOMER RELATIONSHIP 顾客关系 6,200,000 (+37%) 65% +33% Total number of members Member Contribution to Group’s Member Spending in 1H FY2024 as of 30 Sep 2023 Retail Sales in 1H FY2024 2024上半财年会员消费额 于2023年9月30日之会员总数 2024上半财年会员占集团零售销售额 Upgraded CRM to SCRM to form the foundation of we-media and track cus
Slide 44: VIP Thankful Month
VIP THANKFUL MONTH 超级会员月 Carried out integrated online and offline marketing strategies in the VIP Thankful Month to attract new customers, improve customer traffic and stimulate sales volume 线上线下整合营销，快速拉新、有效引流、刺激销售转化 44
Slide 45: VIP Thankful Month
VIP THANKFUL MONTH 超级会员月 Interactive communication via social media platforms and cooperative promotions with partners from different industries to promote the brand and facilitate viral marketing 新媒体互动式传播，异业资源互推， 助力引爆品牌声量 45
Slide 46: Sustainability
SUSTAINABILITY 可持续发展 46
Slide 47: FY2024 Sustainability Recognitions and Awards
FY2024 SUSTAINABILITY RECOGNITIONS AND AWARDS 2024財年可持续发展认证及奖项 Total no, of awards Organisation Award 共获奖项 机构 奖项名称 The Chinese Manufacturers' Association of Hong Kong Signed "ESG Pledge” 香港中华厂商联合会 签署「ESG 约章」 Overall ESG 整体环境、 Television Broadcasts Limited "ESG Special Recognition Award" 社会 3 电视广播有公司
Slide 48: FY24 Sustainability Highlights
FY24 SUSTAINABILITY HIGHLIGHTS 2024财年可持续发展工作亮点 The Group’s First Sustainability-linked Loan 集團首筆可持續發展掛鈎貸款 • Cooperated bank: DBS Bank (Hong Kong) Limited 合作银行：星展香港 • Total amount: HK326 million 总额：326百万港元 • Revolving credit facilities 循环贷款方式 • With interest rate linked to the Group’s sustainability
Slide 49: Open Forum
OPEN FORUM 公开讨论 49
Slide 50: Core Competences
CORE COMPETENCES 核心竞争优势 50
Slide 51: Core Competences
CORE COMPETENCES 核心竞争优势 Quality Assurance Vertical Integration Competent Extensive Distribution 质量保证 垂直整合 Licensing Model Network 有效的品牌模式 庞大分销网络 Reputable Brand One-stop Excellent Service Appealing Product 可信赖品牌 procurement hub 卓越服务 Design 一站式采购中心 具吸引力的产品设计 51
Slide 52: Vertical Integration
VERTICAL INTEGRATION 垂直整合 Vertical integration helps strengthen operational efficiency, cost effectiveness, market responsiveness and supply reliability to enhance competitiveness 垂直整合有助强化营运效率、成本效益、市场反应能力及供应可靠度，以增强竞争力 Distribution 分销 Self-operated Shops & E-Commerce Platforms 自营店及电子商务销售平台 Retailing
Slide 53: Competent Licensing Model
COMPETENT LICENSING MODEL 有效的品牌模式 Licensing Model 品牌模式 Licensing Income 品牌收入 Revenue from Joining Fee Royalty Income Licensing Model Wholesaling Revenue 加盟费用 专利收入 + 批发收入 品牌店 营运模式收入 Consultancy Fee 顾问费用 Payment terms 付款方式 : Cash On Delivery 交货付款 Advantages 优点 Requirements 条件 Ride on local knowledge I
Slide 54: Competent Licensing Model
COMPETENT LICENSING MODEL 有效的品牌模式 Stringent control system applied on both self-operated and licensed shops 自营店和品牌店采用统一的监管系统 Operational Control Brand Image Control 营运监管 品牌形象监管 Whistleblowing System and Reward Scheme Authorised renovation contractors to ensure standardised shop image 鸣笛系统及奖励计划 指定装修承
Slide 55: Extensive Retail Network
EXTENSIVE RETAIL NETWORK 庞大零售网络 Countries and Regions As at 21 Nov 2023 Mix As at 30 Sep 2023 As at 31 Mar 2023 Changes As at 30 Sep 2022 Changes 国家及地区 于2023年11月21日 組合 变化 于2022年9月30日 变化 于2023年9月30日 于2023年3月31日 • Mainland 内地 67 2.0% 67 69 -2 75 -8 • Hong Kong 香港 50 1.5% 50 45 +5 44 +6 • Macau 澳门 16 0
Slide 56: Reputable Brand
REPUTABLE BRAND 可信赖品牌 Lukfook Jewellery is positioned as a brand with the finest products and quality services targeting the mass luxury market. As a Hong Kong brand with over 30 years of history, the Group puts substantial effort in building a welcoming and warm-hearted brand image to penetrate int
Slide 57: Appealing Product Design
APPEALING PRODUCT DESIGN 具吸引力的产品设计 Professional jewellery design teams in Shenzhen and Nansha in Mainland and Hong Kong 于内地深圳、南沙及香港设有专业珠宝设计团队 Have attained over 210 awards 获得超过210个奖项 “Enjoy” “Freedom and Bondage” 「联聚同享」 「自由与束缚」 57
Slide 58: Quality Assurance
QUALITY ASSURANCE 质量保证 China Gems Laboratory Limited 中华珠宝鉴定中心有限公司 The only laboratory in Hong Kong that meets the requirements of accreditation in jadeite jade testing, diamond authentication and grading, and gold fineness testing. Besides, it is the first laboratory in Hong Kong to obtain Chinese n
Slide 59: Excellent Service
EXCELLENT SERVICE 卓越服务 “Delivering the Beauty of Love with Six Heartfelt Services” Customer Service Programme 「六心传为您 因为爱很美」顾客服务计划 Hong Kong Retail Management Association Research Management Ltd. 香港零售管理协会 “Mystery Shopper Programme”: "Quality Service Benchmarking Assessment" : received an overall ave
Slide 60: Sustainability
SUSTAINABILITY 可持续性 Lukfook Group signed HK$326 million Sustainability-linked Loan with DBS Hong Kong 六福集团与星展香港签署3.26亿港元可持续发展挂钩贷款 Opened its first green concept store in The Wai, Hong Kong 六福集团于香港围方开设首间环保概念店 Signed "ESG Pledge" , crafting a sustainable future with the industry 签署「ESG约章」 与业界共创可持续发展未来
Slide 61: Company Profile
COMPANY PROFILE es YN=iN=i0n > ~ 61
Slide 62: About Lukfook
ABOUT LUKFOOK 关于六福 A leading jewellery retailer in Mainland and Hong Kong 内地及香港主要珠宝零售商之一 Main Business 主要业务 The Group principally engages in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewellery and gem-set jewellery products 集团主要从事各类黄铂金首
Slide 63: Appendices
APPENDICES 附录 63
Slide 64: Financial Performance Since IPO
FINANCIAL PERFORMANCE SINCE IPO 自上市之财年财务回顾 In 1997, Lukfook Group was listed on the main board of the Stock Exchange of Hong Kong Ltd. 1997年, 六福集团在香港交易所主板上市 Revenue 收入 Average Dividend Payout Ratio 8% CAGR 年复合增长率 平均派息比率 49% Profit for the Year 年内溢利 Average Return on Equity 11% CAGR 年复合增长率 平均股东权益回报率
Slide 65: Average Gold Price Changes & GP% of Gold
AVERAGE GOLD PRICE CHANGES & GP% OF GOLD 平均黄金价格波幅及黄金毛利率 Gross margin of gold sales is not highly correlated to the gold price fluctuation 黄金产品之毛利率与黄金价格变动相关性不大 Gross Margin of Gold Sales Full Year 全年 黄金销售毛利率 US$ 美金 US$1,822 US$1,818 US$1,805 40% (↑24.7%) (↓0.2%) (↓0.7%) 2,000 US$1,462 1,800 US$1,328
Slide 66: 1H&2H FY2019-2024 Operating Performance
1H&2H FY2019-2024 OPERATING PERFORMANCE 2019-2024上半及下半财年 营运表现 (HK$M) (百万港元) 20,000 33.2% 29.9% 29.1% 27.6% 28.2% 27.7% 27.8% 27.1% 26.8% 30% 18,000 26.1% 23.7% 16,000 20% 15.5% 14.7% 15.2% 14.0% 14.0% 14,000 12.7% 11.8% 10.7% 11.6% 10.5% 10.1% 13.2% 12.6% 10% 12,000 11.7% 12.0% 11.8% 10.4% 9.8% 8.50
Slide 67: FY2019-2023 Operating Performance
FY2019-2023 OPERATING PERFORMANCE 2019-2023财年 营运表现 (HK$M) (百万港元) 29.6% 29.7% 30,000 27.6% 30% 27.0% 25.4% 25,000 20% 14.0% 14.0% 13.2% 11.7% 10.3% 20,000 11.9% 10% 11.5% 10.7% 9.5% 7.7% 15,860 15,000 0% 11,738 11,978 11,234 10,000 8,861 -10% 5,000 -20% 1,853 1,504 1,643 1,392 1,576 1,285 1,156 868 1
Slide 68: Thank You
Thank You igyigy 7\ eee LUKFOOK GROUP 68
Slide 69: Disclaimer
DISCLAIMER 免责声明 This presentation has been prepared by Luk Fook Holdings (International) Limited (the “Company”), and the information contained herein has not been independently verified. This presentation does not make any explicit or implicit representations or warranties and no undue reliance sho
Slide 70: FY2024 Interim Results Highlights
FY2024 FY2024 Investor Relations Interim Results Interim Report* WeChat Highlights 中期报告* 投资者关系微信 中期业绩摘要 *FY2024 Interim Report will be uploaded in December 2023 2024财年中期报告将于2023年12月上载 70
Luk Fook Holdings (International) — H1 FY2023/24 Earnings Presentation on 6ix