Emperor Watch & Jewellery Limited (HK:0887)
:0887
Want to see HK:0887 full AI Analyst Report?
Top Page
Emperor Watch & Jewellery
(0887)
Select Model
Select Model
Rating:78Outperform
Price Target:
HK$0.33
▲(41.30% Upside)
Action:Reiterated
Date:04/21/26
The score is driven primarily by strong financial health (low leverage, improving profitability, solid cash generation) and very attractive valuation (low P/E with a dividend). These positives are tempered by only neutral-to-soft technical signals, indicating limited near-term momentum.
Positive Factors
High free cash flow conversion
Consistently high FCF conversion (~88% of net income) signals durable cash-generating capacity. That quality supports dividends, inventory funding and selective reinvestment without relying on external financing, strengthening resilience across economic cycles.
Negative Factors
Cyclicality and demand sensitivity
As a luxury goods retailer, sales and earnings are structurally linked to discretionary spending and tourism patterns. Past sharp dips show the business can underperform in weaker consumer cycles, creating persistent volatility in multi-month horizons.
Read all positive and negative factors
Positive Factors
Negative Factors
High free cash flow conversion
Consistently high FCF conversion (~88% of net income) signals durable cash-generating capacity. That quality supports dividends, inventory funding and selective reinvestment without relying on external financing, strengthening resilience across economic cycles.
Read all positive factors
Emperor Watch & Jewellery (0887) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$2.03B
Dividend Yield4.05%
Average Volume (3M)8.49M
Price to Earnings (P/E)1.6
Beta (1Y)0.50
Revenue Growth10.23%
EPS Growth66.75%
CountryHK
Employees876
SectorConsumer Cyclical
Sector Strength84
IndustryLuxury Goods
Share Statistics
EPS (TTM)0.07
Shares Outstanding7,256,708,000
10 Day Avg. Volume8,212,550
30 Day Avg. Volume8,485,450
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.29
Price to Sales (P/S)0.29
P/FCF Ratio1.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Emperor Watch & Jewellery Business Overview & Revenue Model
Company Description
Emperor Watch & Jewellery Limited, an investment holding company, engages in the sale of watches and jewelry products. It is involved in retailing European-made watches and self-designed fine jewelry products under the Emperor Jewellery brand name...
How the Company Makes Money
The company primarily makes money by selling watches and jewellery to consumers through its retail network, earning revenue from product sales (retail turnover). Gross profit is generated from the margin between procurement costs (inventory purcha...
Emperor Watch & Jewellery Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
80
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.77B | 5.23B | 4.82B | 3.68B | 3.93B |
| Gross Profit | 1.78B | 1.48B | 1.45B | 1.18B | 1.23B |
| EBITDA | 1.01B | 760.00M | 773.98M | 637.98M | 667.60M |
| Net Income | 458.44M | 256.74M | 299.22M | 222.13M | 204.69M |
Balance Sheet | |||||
| Total Assets | 6.92B | 5.94B | 5.71B | 5.38B | 5.35B |
| Cash, Cash Equivalents and Short-Term Investments | 1.81B | 949.82M | 619.65M | 664.39M | 556.34M |
| Total Debt | 405.73M | 412.33M | 304.63M | 300.10M | 416.91M |
| Total Liabilities | 1.03B | 728.26M | 661.68M | 536.77M | 629.47M |
| Stockholders Equity | 5.62B | 5.21B | 5.05B | 4.85B | 4.72B |
Cash Flow | |||||
| Free Cash Flow | 967.17M | 692.87M | 301.69M | 568.34M | 939.27M |
| Operating Cash Flow | 1.10B | 769.08M | 403.59M | 605.58M | 973.56M |
| Investing Cash Flow | -278.25M | 62.01M | -66.48M | -220.44M | -17.44M |
| Financing Cash Flow | -258.88M | -375.06M | -344.38M | -466.27M | -808.60M |
Emperor Watch & Jewellery Technical Analysis
Negative
0.23
Price Trends
0.32
Negative
0.30
Negative
0.30
Negative
Market Momentum
>-0.01
Positive
40.37
Neutral
46.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0887, the sentiment is Negative. The current price of 0.23 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.32, and below the 200-day MA of 0.30, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.37 is Neutral, neither overbought nor oversold. The STOCH value of 46.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0887.
Emperor Watch & Jewellery Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$2.03B | 1.58 | 5.10% | 4.05% | 10.23% | 66.75% | |
73 Outperform | HK$13.23B | 5.90 | 9.57% | 4.43% | 10.89% | 2.02% | |
70 Outperform | HK$1.61B | 4.06 | 10.00% | 9.67% | -9.00% | -21.55% | |
64 Neutral | HK$109.41B | 15.23 | 23.29% | 4.21% | -9.49% | 32.56% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
53 Neutral | HK$1.10B | -2.63 | -1.15% | ― | -37.78% | 57.76% | |
47 Neutral | HK$426.49M | -1.28 | -7.92% | ― | -17.82% | 16.27% |
* Consumer Cyclical Sector Average
HK:0887
Emperor Watch & Jewellery
0.29
<0.01
1.79%
HK:0256
Citychamp Watch & Jewellery Group
0.10
-0.40
-80.20%
HK:1929
Chow Tai Fook Jewellery Group
10.97
0.72
7.00%
HK:3389
Hengdeli Holdings
0.25
0.14
137.50%
HK:0590
Luk Fook Holdings (International)
21.68
4.75
28.03%
HK:0398
Oriental Watch Holdings
3.29
0.06
1.95%
Emperor Watch & Jewellery Corporate Events
Emperor Watch & Jewellery Wins Strong Shareholder Backing at AGM
May 18, 2026
Emperor Watch Jewellery shareholders approved all resolutions at the annual general meeting held on 18 May 2026, with all directors attending in person or electronically and Tricor Investor Services acting as scrutineer. Investors backed the adop...
Emperor Watch & Jewellery Sets 2026 AGM to Approve Dividend and Capital Mandates
Apr 16, 2026
Emperor Watch Jewellery has called its annual general meeting for 18 May 2026 in Hong Kong, where shareholders will vote on the adoption of the 2025 audited financial statements, the declaration of a final dividend, the re-election of two directo...
Emperor Watch & Jewellery Updates Final Dividend Schedule for 2025
Mar 26, 2026
Emperor Watch Jewellery has declared a final ordinary dividend of HKD 0.0114 per share for the financial year ended 31 December 2025, with shareholder approval scheduled for 18 May 2026. The company has updated the ex-dividend date to 22 May 2026...
Emperor Watch & Jewellery Proposes Final Dividend for 2025
Mar 25, 2026
Emperor Watch Jewellery Limited has proposed a final ordinary cash dividend of HKD 0.0114 per share for the financial year ended 31 December 2025. The payout, subject to shareholder approval on 18 May 2026, underscores the group’s continued...
Emperor Watch & Jewellery Profit Jumps 68% on Robust Luxury Demand
Mar 25, 2026
Emperor Watch Jewellery reported a strong set of 2025 results, with total revenue rising 10.2% to HK$5.77 billion and net profit surging 67.7% to HK$431 million despite a challenging macro backdrop. Gross profit climbed 20.2% and margin improved ...
Emperor Watch & Jewellery Sets March Board Meeting for 2025 Results and Dividend Decision
Mar 13, 2026
Emperor Watch Jewellery has scheduled a board meeting for 25 March 2026 to approve the group’s annual results for the year ended 31 December 2025. The board will also discuss whether to recommend a final dividend, a decision that will be cl...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.