Zhou Liu Fu Jewellery Co (HKSE:06168) ROE %: 17.48% (As of Dec. 2025) — 41% Below Median

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HKSE:06168 Zhou Liu Fu Jewellery Co Ltd HKSE:06168
20 GF Score
Price HK$13.43
! 1 Warning Sign
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What is Zhou Liu Fu Jewellery Co ROE %?

Zhou Liu Fu Jewellery Co HKSE:06168 -0.89% 20 ROE % is 17.48% as of Dec. 2025, which is 41% below its 10-year median of 29.53. GuruFocus rates HKSE:06168 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 1,096 Retail - Cyclical companies, Zhou Liu Fu Jewellery Co ranks better than 77.28% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zhou Liu Fu Jewellery Co's annualized net income for the quarter that ended in Dec. 2025 was HK$784 Mil. Zhou Liu Fu Jewellery Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was HK$4,486 Mil. Therefore, Zhou Liu Fu Jewellery Co's annualized ROE % for the quarter that ended in Dec. 2025 was 17.48%.

The historical rank and industry rank for Zhou Liu Fu Jewellery Co's ROE % or its related term are showing as below:

HKSE:06168' s ROE % Range Over the Past 10 Years
Min: 17.95   Med: 29.53   Max: 31.35
Current: 17.95

During the past 4 years, Zhou Liu Fu Jewellery Co's highest ROE % was 31.35%. The lowest was 17.95%. And the median was 29.53%.

HKSE:06168's ROE % is ranked better than
77.28% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 6.7 vs HKSE:06168: 17.95

Zhou Liu Fu Jewellery Co  (HKSE:06168) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=784.36/4486.261
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(784.36 / 5929.884)*(5929.884 / 5974.743)*(5974.743 / 4486.261)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.23 %*0.9925*1.3318
=ROA %*Equity Multiplier
=13.13 %*1.3318
=17.48 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=784.36/4486.261
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (784.36 / 972.266) * (972.266 / 1010.946) * (1010.946 / 5929.884) * (5929.884 / 5974.743) * (5974.743 / 4486.261)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8067 * 0.9617 * 17.05 % * 0.9925 * 1.3318
=17.48 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Zhou Liu Fu Jewellery Co ROE % Related Terms


Zhou Liu Fu Jewellery Co ROE % Historical Data

* Premium members only.

The historical data trend for Zhou Liu Fu Jewellery Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zhou Liu Fu Jewellery Co ROE % Chart

Zhou Liu Fu Jewellery Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROE %
30.20 31.35 28.85 22.85

Zhou Liu Fu Jewellery Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
ROE % Get a 7-Day Free Trial 32.28 26.00 25.83 17.48 18.25

HKSE:06168 vs TPR: ROE % Comparison

For the Luxury Goods subindustry, Zhou Liu Fu Jewellery Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zhou Liu Fu Jewellery Co ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhou Liu Fu Jewellery Co's ROE % distribution charts can be found below:

* The bar in red indicates where Zhou Liu Fu Jewellery Co's ROE % falls into.


HKSE:06168
20GF Score
Zhou Liu Fu Jewellery Co Ltd HKSE:06168
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhou Liu Fu Jewellery Co ROE % Calculation

Zhou Liu Fu Jewellery Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=850.965/( (2752.038+4694.668)/ 2 )
=850.965/3723.353
=22.85 %

Zhou Liu Fu Jewellery Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=784.36/( (4277.854+4694.668)/ 2 )
=784.36/4486.261
=17.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 17.48% mean?
Zhou Liu Fu Jewellery Co (HKSE:06168) has a ROE % of 17.48% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Zhou Liu Fu Jewellery Co and its competitors. This is 41% below median its historical median of 29.53. Over the past decade, Zhou Liu Fu Jewellery Co's ROE % has ranged from 17.95 to 31.35. According to the industry distribution chart, Zhou Liu Fu Jewellery Co ranks #249 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 22.7%.
Is Zhou Liu Fu Jewellery Co's ROE % too high?
Zhou Liu Fu Jewellery Co's current ROE % of 17.48% is 41% below median its 10-year median of 29.53. Over the past 10 years, this metric has ranged from a low of 17.95 to a high of 31.35. The Retail - Cyclical industry median ROE % is 6.70. Zhou Liu Fu Jewellery Co's value of 17.48% is 160.9% above this industry median. Based on the distribution chart, Zhou Liu Fu Jewellery Co ranks #249 out of 1096 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Zhou Liu Fu Jewellery Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zhou Liu Fu Jewellery Co's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Zhou Liu Fu Jewellery Co ranks #249 out of 1096 companies for ROE %. This places Zhou Liu Fu Jewellery Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 6.70. Zhou Liu Fu Jewellery Co's value of 17.48% is 160.9% above this benchmark. Historically, Zhou Liu Fu Jewellery Co's own ROE % has ranged from 17.95 to 31.35 over the past decade. While the company's 10-year median is 29.53 vs. the industry median of 6.70, Zhou Liu Fu Jewellery Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.70, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhou Liu Fu Jewellery Co's current ROE % of 17.48% is 160.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Zhou Liu Fu Jewellery Co and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhou Liu Fu Jewellery Co's current ROE % is 17.48%, which is 41% below median its own 10-year median of 29.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhou Liu Fu Jewellery Co stock overvalued right now?
Zhou Liu Fu Jewellery Co (HKSE:06168) has a current ROE % of 17.48%. The current ROE % is 17.48%, which is 41% below median its 10-year median of 29.53 and 160.9% above the Retail - Cyclical industry median of 6.70. Zhou Liu Fu Jewellery Co's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Zhou Liu Fu Jewellery Co (HKSE:06168), the current ROE % is 17.48% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zhou Liu Fu Jewellery Co Business Description

Address No. 3031 Taibai Road, Dongxiao Street, 2301-2409, Zhongguan Business Building, Dongxiao Community, Luohu District, Guangdong, Shenzhen, CHN
Zhou Liu Fu Jewellery Co Ltd is a jewelry company in China that offers gold jewelry products and diamond-set jewelry products, through its offline stores and online sales channels. Its business model integrates jewelry product development and design, procurement and supply, franchising and brand operation. The company has established a network of e-commerce and retail stores across China.
20GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$13.43
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