1. People's Republic of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Luxury Goods
Zhejiang Ming Jewelry Co., Ltd.

Zhejiang Ming Jewelry Co., Ltd.

002574.SZ
Zhejiang Ming Jewelry Co., Ltd.CN flagShenzhen Stock Exchange
4.14
CNY
-0.12
- -
2.19BMarket Cap
Zhejiang Ming Jewelry Co., Ltd.
002574.SZ
(Shenzhen Stock Exchange)

Recent

price

4.14

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
10.14
12.17
12.71
16.41
13.02
10.26
6.13
7.18
7.61
6.53
4.78
6.8
6.62
7.43
6.57
6.2
6.33
Revenue per Share
0.55
0.52
0.14
0.16
0.38
0.12
0.08
0.17
0.17
0.11
-0.49
0.26
-0.31
0.3
0.03
-0.68
-0.14
Basic EPS, GAAP
-0.27
-1.75
0.02
1.57
0.65
0.62
0.41
0.31
-0.01
-0.03
0.19
0.18
0.26
-1.1
-2.41
-1.32
-0.52
Free Cash Flow per Basic Share
0.15
0.12
0.16
0.22
0.25
0.31
0.23
0.24
0.09
0.11
0.11
0.03
0.06
0.08
0.24
0.16
0.27
Dividend per Share
1.28
1.64
1.53
1.63
2.47
2.54
2.41
2.66
2.67
2.79
2.26
2.51
2.21
2.47
2.1
1.7
2.17
Book Value per Share
1.67
5.73
5.25
5.39
5.69
5.86
5.52
6.01
5.87
6.08
5.55
5.81
5.54
5.63
4.49
4.38
4.81
Tangible Book Value per Share
397
484
524
522
525
511
546
513
538
525
525
527
524
530
599
529
543
Basic Weighted Avg Shares
4,029
5,888
6,656
8,558
6,842
5,240
3,350
3,686
4,094
3,429
2,510
3,582
3,474
3,937
3,934
3,280
3,440
Sales/Revenue/Turnover
8.4
6.77
2.78
1.85
4.56
2.52
2.73
3.09
1.46
3.1
1.67
2.27
1.37
2.34
-5.91
-4.9
-8.66
Operating Margin (%)
6
6
6
10
12
11
11
13
15
16
15
24
26
44
135
243
- -
Depreciation Expense
217
251
74
83
200
61
44
87
91
58
-257
137
-163
159
18
-360
-74
Net Income, GAAP
25.76
25.85
28.92
29.89
24.37
35.18
10.62
30.42
28.69
57.07
- -
34.75
- -
23.66
- -
- -
- -
Effective Tax Rate (%)
5.38
4.26
1.11
0.98
2.92
1.17
1.3
2.37
2.23
1.69
-10.25
3.82
-4.68
4.04
0.46
-10.96
-2.15
Profit Margin (%)
626
2,747
3,638
3,679
3,923
2,791
1,730
1,789
1,921
2,093
2,148
2,237
2,250
460
504
137
260
Working Capital
- -
- -
987
990
1,090
996
- -
- -
- -
- -
44
41
32
15
725
377
493
LT Debt
687
2,796
2,810
2,869
3,049
3,054
3,072
3,138
3,208
3,245
2,960
3,106
2,953
3,134
3,125
2,723
3,033
Total Equity
17.19
11.9
3.7
2.77
5.64
2.07
2.01
2.23
1.35
1.43
- -
1.7
- -
1.95
- -
- -
- -
Return on Invested Capital (%)
20.14
20.98
8.48
7.47
12.42
5.72
5.92
6.42
7.56
4.81
- -
10.87
- -
10.02
- -
- -
- -
Return on Capital (%)
52.56
38.43
9.24
10.09
18.57
4.72
3.34
6.51
6.53
3.99
-19.42
10.94
-13.11
12.87
1.4
-33.36
-5.89
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
911
1,010
1,227
LT Borrowings
712
712
472
LT Finance Leases
13
24
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
528
528
528
Market Capitalization
2,366
3,226
3,368

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,425
3,589
3,346
Cash, Cash Equivalents & STI
879
1,033
847
Accounts Receivable, Net
297
287
300
Inventories
1,736
1,772
1,704
Total Current Liabilities
2,921
3,062
3,086
Payables & Accruals
- -
- -
- -
ST Debt
911
1,010
1,227
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.97%
-1.4%
-12.87%
Free Cash Flow
-107.03%
-79.86%
-51.49%
Net Income, GAAP
-326.43%
-551.65%
-2,099.76%
Sales/Revenue/Turnover
-2.17%
7.27%
-16.62%
Total Cash Common Dividend
20.45%
54.49%
-40.29%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,356
1,077
1,078
423
3,934
2025
974
965
660
- -
3,280
2026
957
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.03
2025
-0.07
- -
- -
- -
-0.68
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.24
2025
0.04
- -
- -
- -
0.16
2026
0.02
- -
- -
- -
- -
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Business
Zhejiang Ming Jewelry Co., Ltd. (002574.SZ) engages principally in the research, development, design, production and sale of high-grade precious metal and gemstone jewelry products in mainland China; operates and manages the MINGR jewelry brand; and distributes through brick-and-mortar retail stores and online channels. The company offers platinum jewelry including Pt850, Pt900, Pt950, Pt990 and Pt999 products; gold jewelry such as G375, G585, G750, G916, G990 and G999 products; diamond and silver jewelry; and inlaid gemstone pieces. Founded in 1987 and headquartered in Shaoxing, Zhejiang province, it employs 1,270 people and targets middle- to upper-income consumers in the luxury goods segment of the consumer cyclical sector with a dual-channel sales strategy. Recent activities include recognition as a sample case for high-quality development in China's cross-border e-commerce solutions and ongoing efforts to expand online sales amid a competitive domestic market. No major acquisitions, partnerships, funding rounds or new product launches have been publicly announced in the last one to two years.