Notably, Luk Fook Holdings (International) had negative free cash flow last year, so the HK$2.9b it produced this year was a welcome improvement.While Luk Fook Holdings (International) was able to generate revenue of HK$11.2b in the last twelve months, we think its profit result of HK$866.3m was more important. Luk Fook Holdings (International) Ltd. engages in the sourcing, designing, wholesaling, trademark licensing, and retailing of a variety of gold and platinum jewellery and gem-set jewellery products. Luk Fook Holdings has reported a 71-per-cent plunge in first-quarter same-store sales due to the impact of Covid-19 on tourist numbers travelling to Hong Kong.
Hui (Stephen) Chiu Chung, JP, is Non-Executive Director of Luk Fook Holdings (International) Ltd. Export data to Excel for your own analysis.Shares of LKFLF can be purchased through any online brokerage account. MarketBeat's community ratings are surveys of what our community members think about Luk Fook Holdings (International) and other stocks. "View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. He joined the Group in 1997. Get short term trading ideas from the MarketBeat Idea Engine. Luk Fook Holdings (International) Limited is a Hong Kong-based investment holding company principally engaged in sale of jewelries. Learn about financial terms, types of investments, trading strategies and more.Learn everything you need to know about successful options trading with this three-part video course.Luk Fook Holdings (International) has received 62.07% “underperform” votes from our community.Luk Fook Holdings (International) does not have a long track record of dividend growth.Luk Fook Holdings (International) does not currently pay a dividend. The chart below shows that both revenue and profit have declined over the last three years.That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. That’s because some academic studies have suggested that high accruals ratios tend to lead to lower profit or less profit growth. By analyzing existing cross correlation between Luk Fook Holdings and LVMH MOET HENNESSY, you can compare the effects of market volatilities on Luk Fook and LVMH MOET and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. Want to see which stocks are moving? Luk Fook Holdings (International)'s P/E is 6.9 which is below average (9.3) in the HK market.
You can also utilize pair trading strategies of matching a long position in Luk Fook with a short position of LVMH MOET. Luk Fook Holdings (International) employs 7,600 workers across the globe.Luk Fook Holdings (International) trades on the OTCMKTS under the ticker symbol "LKFLF. While Luk Fook Holdings (International) was able to generate revenue of HK$11.2b in the last twelve months, we … View which stocks are hot on social media with MarketBeat's trending stocks report.Luk Fook Holdings (International) has a market capitalization of $1.17 billion. Luk Fook Holdings (International) has received 62.07% “underperform” votes from our community.
Luk Fook Holdings (International) Ltd is counting on the growth of the middle-class segment in China to boost its business, with the retailer targeting to open around 150 mainland shops in the coming year.