)
Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Zhou Liu Fu Jewellery
Zhou Liu Fu Jewellery (6168) investor relations material
Zhou Liu Fu Jewellery H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary25 Sep, 2025
Executive summary
Revenue for the six months ended June 30, 2025, rose 5.2% year-over-year to RMB3,150.4 million, with gross profit up 8.7% to RMB827.2 million and net profit up 11.9% to RMB415.3 million.
Online sales surged 34% year-over-year, now contributing 52% of total revenue, while franchise revenue declined 17% and self-operated store revenue fell 15%.
The company closed a net 272 stores, ending the period with 3,760 franchise and 97 self-operated stores, reflecting ongoing structural adjustments.
Financial highlights
Gross profit margin improved to 26.3%, up about 1 percentage point year-over-year.
Earnings per share increased to RMB1.09 from RMB1.01 in the prior year period.
Cash and cash equivalents rose sharply to RMB1,588.3 million, mainly due to proceeds from the Global Offering.
Gearing ratio decreased to 23.1% from 34.9% at year-end 2024.
Outlook and guidance
The company plans to invest in product R&D, expand its store network (targeting 200 self-operated stores in three years), and strengthen e-commerce operations.
Strategic focus includes new media marketing to attract young consumers and further international expansion, especially in Southeast Asia.
All net proceeds from the recent listing (HK$1,429.48 million) remain unutilized and are earmarked for network expansion, brand building, product development, and working capital by 2028.
Channel mix targets given online growth vs. offline decline
Fixed-price vs. weight-based gold product strategy
Rationale for self-op, premium, overseas store expansion
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Zhou Liu Fu Jewellery earnings date
H2 202518 Jun, 2026
Zhou Liu Fu Jewellery
Next Zhou Liu Fu Jewellery earnings date
H2 202518 Jun, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage