1. People's Republic of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Luxury Goods
Guangdong Chj Industry Co.,Ltd.

Guangdong Chj Industry Co.,Ltd.

002345.SZ
Guangdong Chj Industry Co.,Ltd.CN flagShenzhen Stock Exchange
10.11
CNY
-0.32
- -
8.98BMarket Cap
Guangdong Chj Industry Co.,Ltd.
002345.SZ
(Shenzhen Stock Exchange)

Recent

price

10.11

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.19
1.84
2.12
2.71
2.91
3.16
3.19
3.58
3.66
3.93
3.68
5.22
4.88
6.73
7.4
10.5
8.46
Revenue per Share
0.15
0.21
0.18
0.23
0.26
0.3
0.23
0.33
0.08
0.09
0.16
0.39
0.22
0.38
0.22
0.56
0.67
Basic EPS, GAAP
-0.53
-0.53
-0.01
0.31
0.22
0.3
0.2
0.23
0.14
0.02
0.35
0.05
0.34
0.47
0.38
-0.17
-0.07
Free Cash Flow per Basic Share
0.09
0.1
0.11
0.1
0.11
0.15
0.16
0.19
0.18
0.09
0.16
0.26
0.25
0.25
0.4
0.39
0.39
Dividend per Share
0.51
0.6
0.67
1.09
1.65
1.82
1.91
2.17
2.07
2.11
2.23
2.35
2.29
2.51
2.35
2.53
2.85
Book Value per Share
1.91
1.95
2.04
3.17
1.46
1.61
1.8
2.64
2.52
2.75
2.97
3.03
3.13
3.54
3.57
3.86
4.2
Tangible Book Value per Share
700
718
723
765
849
851
858
861
888
902
873
888
905
877
880
888
879
Basic Weighted Avg Shares
830
1,319
1,534
2,074
2,470
2,691
2,739
3,086
3,248
3,543
3,215
4,636
4,417
5,900
6,518
9,318
7,429
Sales/Revenue/Turnover
13.08
13.71
11.01
9.17
10.93
11.35
10.74
10.71
9.67
8.64
6.41
9.95
7.56
7.44
7.48
9.6
10.89
Operating Margin (%)
6
10
13
15
19
22
22
24
30
29
26
75
83
88
94
93
- -
Depreciation Expense
103
151
130
176
221
255
197
284
71
81
140
351
199
333
194
497
586
Net Income, GAAP
11.17
14.97
15.17
11.57
18.26
17.88
20.44
15.27
31.83
33.7
18.12
18.13
18.54
18.04
28.26
26.13
23.58
Effective Tax Rate (%)
12.44
11.44
8.48
8.48
8.93
9.49
7.21
9.21
2.19
2.29
4.34
7.56
4.51
5.65
2.97
5.33
7.89
Profit Margin (%)
1,178
1,138
1,137
1,542
1,313
946
1,977
2,424
2,047
1,388
1,917
2,126
2,260
2,367
2,160
2,526
2,585
Working Capital
- -
- -
- -
196
490
- -
1,350
1,202
899
94
166
254
312
226
64
85
116
LT Debt
1,347
1,415
1,486
2,438
2,431
2,570
2,748
3,461
3,339
3,421
3,473
3,559
3,592
3,818
3,670
3,819
4,079
Total Equity
10.97
10.86
8.82
7.23
6.61
6.72
5.87
6.13
4.43
4.38
3.8
8.55
6.15
8.06
8.04
14.44
12.28
Return on Invested Capital (%)
26.78
30.21
21.1
16.31
11.56
10.98
8.44
10.69
3.55
4.09
6.2
12.86
7.47
12.39
8.6
18.22
18.81
Return on Capital (%)
33.51
38.22
28.37
26.61
19.75
17.32
12.38
16.18
3.83
4.34
7.26
17.39
9.57
15.59
9.06
23.04
24.59
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
993
1,068
LT Borrowings
- -
64
99
LT Finance Leases
- -
20
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
889
889
Market Capitalization
12,854
11,244
9,049

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
6,181
5,786
Cash, Cash Equivalents & STI
- -
564
966
Accounts Receivable, Net
- -
670
530
Inventories
- -
4,534
3,913
Total Current Liabilities
- -
3,655
3,201
Payables & Accruals
- -
- -
- -
ST Debt
- -
993
1,068
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.32%
1.97%
4.05%
Free Cash Flow
206.59%
79.43%
-146.74%
Net Income, GAAP
32.26%
57.99%
156.66%
Sales/Revenue/Turnover
14.6%
25.29%
42.96%
Total Cash Common Dividend
17.02%
23.47%
-0.16%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,796
1,635
1,428
1,659
6,518
2025
2,252
1,850
- -
3,081
9,318
2026
2,498
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
- -
- -
- -
0.22
2025
0.21
- -
- -
- -
0.56
2026
0.3
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.4
2025
0.01
- -
- -
- -
0.39
2026
0.01
- -
- -
- -
- -
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Business
Guangdong CHJ Industry Co., Ltd. (002345.SZ), also known as Chao Hong Ji, engages in the design, research, development, production, brand operation management, and sale of fashion consumer products, primarily jewelry and accessories. The company offers a comprehensive range of jewelry products including rings, necklaces, pendants, earrings, bracelets, ornaments, and other items made from gold, diamond, platinum, pearl, and K-gold materials; platinum-mounted and gold-mounted jewelry; as well as fashion consumer goods such as leather products, women's bags, shoes, and hats. It operates through self-owned retail stores, an extensive franchise network of over 1,500 outlets primarily in China, and online channels, targeting female consumers in the luxury goods and consumer discretionary sectors with a focus on oriental aesthetics and trendy designs under brands like CHJ and VENTI. Founded in 1996 and headquartered in Shantou, Guangdong Province, China, the company primarily conducts its operations in the domestic market with recent expansion into Southeast Asia. In 2024 and 2025, Guangdong CHJ Industry has pursued international growth by opening stores in Malaysia, Thailand, Cambodia, and Singapore, including new locations in Cambodia's core business districts such as AEON Mall Phnom Penh and Umall Sihanoukville. The company launched an "Oriental Aesthetics" gold jewelry line in the first half of 2025 to strengthen its product portfolio. Most notably, in September 2025, Guangdong CHJ Industry submitted an application to list H-shares on the Main Board of the Hong Kong Stock Exchange, sponsored by CITIC Securities, aiming to fund overseas expansion including 20 new directly operated stores by 2028, three domestic flagship stores, and a new production base to enhance its global layout and brand influence. In November 2025, the China Securities Regulatory Commission requested supplementary disclosures on pending litigations and other matters related to this overseas listing. Previously, the company partnered with MBK Partners in 2023 to invest in women's high-end jewelry and beauty care through Shanghai Siyanli Industrial, though a planned acquisition of a 74% stake in Siyanli was later cancelled. These initiatives reflect ongoing strategic shifts toward brand internationalization, channel optimization, and resilience in the competitive jewelry market.