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Tse Sui Luen Jewellery (International) Limited logo

Tse Sui Luen Jewellery (International) Limited

0417.HK

HKSEConsumer CyclicalLuxury Goods

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Latest quote

HK$0.74

HK$0.00 · 0.00%

Aug 24, 3:57 PM HKT

0417.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Tse Sui Luen Jewellery (International) Limited operates as an investment holding company primarily engaged in the creation, distribution, and marketing of jewelry items. Its operations extend across Hong Kong, Macau, Mainland China, Malaysia, and other international regions. The company's multifaceted activities are organized into distinct divisions: Retail, Wholesale, E-Business, and other miscellaneous endeavors. In addition to its core jewelry retail, wholesale, trading, and franchising operations, the company also manages property and trademark investments, offers management and administrative services, and oversees logistics and supply chain management. Tse Sui Luen maintains a substantial retail footprint, with approximately 480 jewelry boutiques in operation. Established in 1960 and based in Hung Hom, Hong Kong, the company functions as a subsidiary of Partner Logistics Limited.

Industry
Luxury Goods
Sector
Consumer Cyclical
Headquarters
HK
CEO
On Yee Yau
Listed since
Jun 30, 1987
Employees
898

Market position

Volume
34K
0.25× average
Average volume
137.9K
Average daily volume
Market cap
184.39M HKD
Beta
1.09
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
1.61×
P/B (TTM)
0.36×
P/S (TTM)
0.11×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
31.07%
Operating margin
6.83%
Net margin
6.81%

Financial health

Debt / equity
1.36×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends44%23%2%-19%Gross margin, FY2021: 38.40%Gross margin, FY2022: 35.08%Gross margin, FY2023: 29.60%Gross margin, FY2024: 34.08%Gross margin, FY2025: 31.07%Operating margin, FY2021: 3.54%Operating margin, FY2022: 0.86%Operating margin, FY2023: -9.68%Operating margin, FY2024: -5.39%Operating margin, FY2025: 7.35%Net margin, FY2021: 0.56%Net margin, FY2022: -2.76%Net margin, FY2023: -14.10%Net margin, FY2024: -11.55%Net margin, FY2025: 6.81%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 38.40%. Gross margin FY2022 35.08%. Gross margin FY2023 29.60%. Gross margin FY2024 34.08%. Gross margin FY2025 31.07%. Operating margin FY2021 3.54%. Operating margin FY2022 0.86%. Operating margin FY2023 -9.68%. Operating margin FY2024 -5.39%. Operating margin FY2025 7.35%. Net margin FY2021 0.56%. Net margin FY2022 -2.76%. Net margin FY2023 -14.10%. Net margin FY2024 -11.55%. Net margin FY2025 6.81%.

Income trends

Revenue

1.68B HKD-1.93%

Operating income

123.38M HKD+215.6M HKD

Net income

114.39M HKD+312.14M HKD
Income trends across reported periods3.08B HKD1.83B HKD568.4M HKD−688.4M HKDRevenue, FY2021: 2.77B HKDRevenue, FY2022: 2.59B HKDRevenue, FY2023: 2.65B HKDRevenue, FY2024: 1.71B HKDRevenue, FY2025: 1.68B HKDOperating income, FY2021: 97.86M HKDOperating income, FY2022: 22.2M HKDOperating income, FY2023: −256.93M HKDOperating income, FY2024: −92.22M HKDOperating income, FY2025: 123.38M HKDNet income, FY2021: 15.55M HKDNet income, FY2022: −71.54M HKDNet income, FY2023: −374.2M HKDNet income, FY2024: −197.75M HKDNet income, FY2025: 114.39M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.77B HKD. Revenue FY2022 2.59B HKD. Revenue FY2023 2.65B HKD. Revenue FY2024 1.71B HKD. Revenue FY2025 1.68B HKD. Operating income FY2021 97.86M HKD. Operating income FY2022 22.2M HKD. Operating income FY2023 −256.93M HKD. Operating income FY2024 −92.22M HKD. Operating income FY2025 123.38M HKD. Net income FY2021 15.55M HKD. Net income FY2022 −71.54M HKD. Net income FY2023 −374.2M HKD. Net income FY2024 −197.75M HKD. Net income FY2025 114.39M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue1.68B HKD1.71B HKD2.65B HKD2.59B HKD2.77B HKD
Cost of goods sold1.16B HKD1.13B HKD1.87B HKD1.68B HKD1.7B HKD
Gross profit521.73M HKD583.51M HKD785.67M HKD908.84M HKD1.06B HKD
Selling, general, and administrative398.35M HKD677.87M HKD1.06B HKD938.89M HKD994.27M HKD
Operating expenses398.35M HKD675.74M HKD1.04B HKD905.83M HKD976.54M HKD
Interest income65K HKD1.38M HKD8.67M HKD10.61M HKD10.83M HKD
Interest expense40.27M HKD73.92M HKD90.89M HKD69.38M HKD37.36M HKD
Depreciation and amortization20.77M HKD82.42M HKD141.67M HKD154.9M HKD156.16M HKD
Operating income123.38M HKD−92.22M HKD−256.93M HKD22.2M HKD97.86M HKD
Net income114.39M HKD−197.75M HKD−374.2M HKD−71.54M HKD15.55M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.18

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.16-0.35-0.86-1.37Q1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual -0.01, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 0.011, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 0.052, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 23, 2022: actual 0.008, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 21, 2023: actual -0.294, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 22, 2023: actual -0.234, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual -1.27, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 15, 2024: actual -0.176, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.53B1.29B1.05B805.54MQ1 '21Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 1.47B HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 1.4B HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 1.37B HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 23, 2022: actual 1.25B HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 21, 2023: actual 1.34B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 22, 2023: actual 1.35B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 1.31B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 15, 2024: actual 864.39M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.9498

2018 complete year+72.2% since 2014

Corporate action history

Dividend

Ex-dividend Sep 15, 2022

HK$0.02

Irregular

Record Sep 19, 2022 · Payment Oct 6, 2022

Dividend

Ex-dividend Sep 16, 2019

HK$0.056

Irregular

Record Sep 18, 2019 · Payment Oct 17, 2019

Dividend

Ex-dividend Nov 30, 2018

HK$0.3768

Semi-Annual

Record Dec 3, 2018 · Payment Dec 27, 2018

Dividend

Ex-dividend May 11, 2018

HK$0.573

Semi-Annual

Record May 14, 2018 · Payment Jun 4, 2018

Dividend

Ex-dividend Nov 14, 2017

HK$0.1648

Semi-Annual

Record Nov 15, 2017 · Payment Dec 7, 2017

Dividend

Ex-dividend Jul 24, 2017

HK$0.3434

Semi-Annual

Record Jul 25, 2017 · Payment Aug 15, 2017

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