Oriental Watch Holdings Limited - Company Capsule by ICDResearch

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									Oriental Watch Holdings Limited

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Oriental Watch Holdings Limited - Company
Capsule

Reference Code: RT0295CC
Published Date: April 2011




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Oriental Watch Holdings Limited - Company Capsule                                   Page 1
Oriental Watch Holdings Limited

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Oriental Watch Holdings Limited - Company Overview

Oriental Watch Holdings Limited (Oriental) is engaged in the business of watch trading. The company, through its
subsidiaries, retails a wide range of watches, which include multipurpose watches, specialized watches, styled timepieces
and jeweled watches. It also retails pens, lighters, leather goods, clocks and accessories. The company markets various
brands of watches such as Rolex, Tudor, Piaget, Vacheron Constantin, Audemars Piguet, IWC, Jaeger-LeCoultre and
Omega. Oriental operates through 10 outlets and offers around 60 brands. The company principally operates in Hong
Kong, Macau and Mainland China. Oriental is headquartered in Des Voeux Road Central, Hong Kong.


Financial Performance

The company reported revenue of HKD3242.64 million during the fiscal year ended 2010. The company's revenue grew at
a CAGR of 5.34% during the period 2008-2010 with a year on year growth of 27.72% over fiscal year 2009. During the
fiscal year 2010, its operating margin was 4.51% as against the operating margin of 4.83% in fiscal year 2009. During the
fiscal year 2010, the company registered a net margin of 3.47% as against the net margin of 3.95% in the fiscal year
2009.




Oriental Watch Holdings Limited - Key Facts

Oriental Watch Holdings Limited, Key Facts

                                  Room 312-8, Hong Kong, , ,
                                  Hong Kong Special                 Ticker Symbol, Stock         0398 (Hong Kong Stock
Corporate Address:                                                                               Exchange)
                                                                    Exchange
                                  Administrative Region of China


Telephone                          + 852 25435112                   No. of Employees             840



Fax                                + 852 25435857                   Financial Year End           March



URL                               www.orientalwatch.com.hk          Revenue (in HKD Million)     3,242.64



Industry                          Retailing                         Revenue (in USD Million)     418.41


                                  China, Hong Kong Special Administrative Region of China, Macau Special Administrative Region of
Locations                         China

Source: Annual Report, Company Website, Primary and Secondary Research




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Oriental Watch Holdings Limited - Company Capsule                                                                        Page 2
Oriental Watch Holdings Limited

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Oriental Watch Holdings Limited - Major Products and Services

Oriental Watch Holdings Limited is engaged in the business of watch trading. The company’s key products and services
include the following:

Oriental Watch Holdings Limited, Major Products and Services
Products:

Watches

Pens

Lighters

Leather Goods

Accessories

Service:

After-Sales Service

Brand:

Oriental Watch Co. Ltd.
Source: Annual Report, Company Website, Primary and Secondary Research




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Oriental Watch Holdings Limited - Company Capsule                                                             Page 3
Oriental Watch Holdings Limited

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Oriental Watch Holdings Limited - Key Competitors

The following companies are the major competitors of Oriental Watch Holdings Limited:

Sincere Watch (Hong Kong) Ltd

Hengdeli Holdings Limited

ASIA COMMERCIAL HOLDINGS LIMITED

Chow Sang Sang Holdings International Limited

Emperor Watch & Jewellery Limited




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Oriental Watch Holdings Limited - Company Capsule                                       Page 4
Oriental Watch Holdings Limited

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Oriental Watch Holdings Limited - Key Employees


Oriental Watch Holdings Limited, Key Employees


          Name                             Job Title                      Board Level     Since   Age


Kwok Yum Choi              Director                                 Executive Board       2003    55


Man Chau Michael Choi      Director                                 Non Executive Board   2008    52


Kwong Yiu Fung             Director                                 Executive Board               66


                           Group Financial Controller, Director,
Hing Lun Alain Lam                                                  Executive Board       2009    51
                           Secretary

                           General Manager - Retail Operation,
Tung Hing Lam                                                       Senior Management             52
                           Hong Kong


Hung Eddy Li Sau           Director                                 Non Executive Board   1993    55


Ping Hsu Samson Sun        Director                                 Non Executive Board   1993    85


                           General Manager - Group's General
Yuk Woo Sze                                                         Senior Management             59
                           Operation


Tai Wai Tang               General Manager - China Division         Senior Management             65


                           General Manager - Retail Operation,
Chi On Yeung                                                        Senior Management             49
                           Hong Kong


Him Kit Dennis Yeung       Managing Director, Director              Executive Board       2003    41


Man Yee Shirley Yeung      Director                                 Executive Board               48


Ming Biu Yeung             Chairman                                 Executive Board               73

Source: Annual Report, Company Website, Primary and Secondary Research




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Oriental Watch Holdings Limited - Company Capsule                                                      Page 5
Oriental Watch Holdings Limited

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Oriental Watch Holdings Limited - Locations and Subsidiaries

Head Office

Oriental Watch Holdings Limited
Room 312-8
Hong Kong
Hong Kong Special Administrative Region of China
Tel: + 852 25435112
Fax: + 852 25435857



Other Locations & Subsidiaries

Oriental Watch Holdings Limited, Subsidiaries

"Oriental Watch (China) Company                                     "Oriental Watch (Macau) Company
Hong Kong Special Administrative Region of China                    Macau Special Administrative Region of China




La Suisse Watch Company, Limited                                    Oriental Watch Company Limited
Hong Kong Special Administrative Region of China                    Hong Kong Special Administrative Region of China




Sharp Beauty Limited                                                Unex Development Limited
Hong Kong Special Administrative Region of China                    Hong Kong Special Administrative Region of China


Source: Annual Report, Company Website, Primary and Secondary Research



								
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