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Zhou Liu Fu Jewellery Co., Ltd. Class H (6168) AI Stock Analysis
Zhou Liu Fu Jewellery Co., Ltd. Class H
(HKEX:6168)
The score is led by attractive valuation (low P/E and high dividend yield) and solid profitability with improving leverage, but it is held back by weak cash-flow quality (negative free cash flow and poor cash conversion) and bearish technicals (negative MACD and price below longer-term moving averages).
Zhou Liu Fu Jewellery Co., Ltd. Class H (6168) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 4.39B
- Dividend Yield
- 10.01%
- Average Volume (3M)
- 521.29K
- Price to Earnings (P/E)
- 5.3
- Beta (1Y)
- 1.14
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 1,833
- Sector
- General
- Sector Strength
- 55
- Industry
- Luxury Goods
Zhou Liu Fu Jewellery Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Zhou Liu Fu Jewellery Co., Ltd., a Chinese company, specializes in the creation and distribution of a diverse selection of jewelry products. The firm presents a broad array of gold jewelry collections, which include popular lines such as 'Ancient Cra...
Zhou Liu Fu Jewellery Co., Ltd. Class H Financial Statement Overview
Summary
Profitability is strong with solid 2025 net (~13%) and EBIT (~16.6%) margins and improved leverage (debt-to-equity ~0.11). However, cash generation is a major weakness: operating cash flow is low versus net income (~12% coverage) and 2025 free cash flow is negative, which materially lowers earnings quality despite the stronger income statement.
Income Statement
78PositiveBalance Sheet
74PositiveCash Flow
46Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.05B | 5.83B | 5.72B | 5.15B | 3.10B | 2.79B |
| Gross Profit | 1.60B | 1.60B | 1.48B | 1.35B | 1.20B | 17.78M |
| EBITDA | 1.26B | 988.86M | 961.39M | 889.37M | 785.87M | 16.50M |
| Net Income | 733.25M | 770.30M | 706.31M | 659.69M | 575.24M | -56.39M |
Balance Sheet | ||||||
| Total Assets | 5.85B | 5.79B | 3.96B | 3.08B | 2.58B | 308.21M |
| Cash, Cash Equivalents and Short-Term Investments | 734.55M | 1.27B | 580.52M | 177.98M | 207.83M | 15.64M |
| Total Debt | 655.94M | 457.08M | 729.78M | 119.69M | 39.26M | 490.97M |
| Total Liabilities | 1.61B | 1.53B | 1.38B | 811.58M | 679.80M | 798.27M |
| Stockholders Equity | 4.23B | 4.25B | 2.58B | 2.26B | 1.91B | -476.27M |
Cash Flow | ||||||
| Free Cash Flow | -1.17B | -60.35M | 53.77M | 370.34M | -41.69M | -47.58M |
| Operating Cash Flow | -729.24M | 172.13M | 390.08M | 403.88M | 138.94M | -47.58M |
| Investing Cash Flow | -382.51M | 112.01M | -505.64M | -192.89M | -328.36M | 42.53M |
| Financing Cash Flow | -139.50M | 640.62M | 112.35M | -240.79M | -24.01M | -1.43M |
Zhou Liu Fu Jewellery Co., Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6168, the sentiment is Negative. The current price of 10.29 is below the 20-day moving average (MA) of 11.18, below the 50-day MA of 12.20, and below the 200-day MA of 16.65, indicating a bearish trend. The MACD of -0.53 indicates Positive momentum. The RSI at 31.17 is Neutral, neither overbought nor oversold. The STOCH value of 9.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6168.
Zhou Liu Fu Jewellery Co., Ltd. Class H Peers Comparison
Overall Rating
HK:011680Outperform
HK:088775Outperform- HK:616865Neutral
HK:059064Neutral
HK:192959Neutral
HK:025648.6Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0116 | 80Outperform | HKD 8.28B | 2.85 | 19.31% | 8.69% | 16.22% | 151.59% |
| HK:0887 | 75Outperform | HKD 1.81B | 3.16 | 9.96% | 8.16% | 8.83% | 109.28% |
| HK:6168 | 65Neutral | HKD 4.53B | 5.26 | 17.29% | 10.01% | ― | ― |
| HK:0590 | 64Neutral | HKD 11.84B | 5.79 | 14.28% | 7.79% | 28.96% | 86.00% |
| HK:1929 | 59Neutral | HKD 108.63B | 11.97 | 33.61% | 6.09% | 5.29% | 53.87% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| HK:0256 | 49Neutral | HKD 576.37M | -4.05 | -3.03% | ― | -4.85% | 60.69% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6168 | Zhou Liu Fu Jewellery Co., Ltd. Class H | 10.29 | -30.92 | -75.03% | |
| HK:0256 | Citychamp Watch & Jewellery Group | 0.11 | -0.08 | -40.64% | |
| HK:0116 | Chow Sang Sang Holdings International | 12.32 | 0.22 | 1.79% | |
| HK:1929 | Chow Tai Fook Jewellery Group | 11.01 | -2.15 | -16.35% | |
| HK:0887 | Emperor Watch & Jewellery | 0.25 | -0.01 | -2.34% | |
| HK:0590 | Luk Fook Holdings (International) | 20.16 | -1.60 | -7.35% |
Zhou Liu Fu Jewellery Co., Ltd. Class H Corporate Events
Zhou Liu Fu Jewellery Strengthens Finance Leadership With New Controller
Zhou Liu Fu Jewellery Co., Ltd. has announced that its financial controller and director of the Group’s finance center, Mr. Xu Zhili, resigned effective October 30, 2026 for personal reasons, with no disagreement with the board or issues requir...
Zhou Liu Fu Jewellery Sets Interim Dividend and Clarifies Tax Treatment for H Shareholders
Zhou Liu Fu Jewellery Co., Ltd. has declared an interim ordinary dividend of RMB 0.44 per share for the six months ended 30 June 2026, equivalent to HKD 0.51 per share for H share investors, with the record date set for 6 October 2026 and payment sch...
Zhou Liu Fu Shareholders Approve Interim Dividend at Second 2026 EGM
Zhou Liu Fu Jewellery Co., Ltd. reported the poll results of its 2026 Second Extraordinary General Meeting in Shenzhen, where shareholders representing about 84.73% of the company’s issued share capital participated. All directors attended, and...
Zhou Liu Fu Jewellery Holds Margins as Interim Revenue Drops Nearly 25%
Zhou Liu Fu Jewellery Co., Ltd., a Hong Kong-listed Chinese jewellery group, reported a sharp decline in interim revenue despite relatively resilient profitability. The company continues to operate across the jewellery value chain, from design to ret...
Zhou Liu Fu Jewellery Announces Interim Dividend and Tax Terms for H Shareholders
Zhou Liu Fu Jewellery Co., Ltd. has declared an interim ordinary dividend of RMB 0.44 per share for the six months ended 30 June 2026, with shareholder approval scheduled for 24 September and payment set for 30 October 2026. The company detailed key...
Zhou Liu Fu Jewellery Calls EGM to Approve 2026 Interim Profit Distribution Plan
Zhou Liu Fu Jewellery Co., Ltd. has convened its second extraordinary general meeting for 2026, to be held on September 24 in Shenzhen, where shareholders will vote on the company’s profit distribution plan for the first half of 2026. The meeti...
Zhou Liu Fu Jewellery Sets Board Meeting to Review Interim Results and Consider Dividend
Zhou Liu Fu Jewellery Co., Ltd., a Hong Kong-listed Chinese jewellery company, has announced that its board will convene on August 28, 2026, to review interim results for the six months ended June 30, 2026. The board will also consider the declaratio...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 22, 2026