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Haining China Leather Market Co., Ltd. Class A

Haining China Leather Market Co., Ltd. Class A

SSZSE:002344
3.80
CNY
+0.01
(+0.26%)
0.06EPS
79.17P/E
4.49BMarket Cap
Oct 29Next Earn
Haining China Leather Market Co., Ltd. Class A
SZSE:002344
(Shenzhen Stock Exchange)

Recent

price

3.80

P/E

ratio

79.17

div

yld

0.67%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.94
1.66
2.02
2.62
2.19
1.65
1.95
1.49
1.32
1.12
1.1
1.15
1.08
1.02
0.86
0.9
0.8
Revenue per Share
0.23
0.47
0.63
0.93
0.84
0.49
0.49
0.24
0.28
0.22
0.15
0.26
0.21
0.14
0.07
0.06
0.04
Basic EPS, GAAP
0.67
-0.32
0.13
0.35
-0.65
-1.23
-0.57
0.12
-0.11
0.36
0.2
0.27
-0.16
-0.07
0.21
-0.1
- -
Free Cash Flow per Basic Share
0.08
0.13
0.13
0.13
0.15
0.16
0.11
0.12
0.14
0.04
0.02
0.04
0.06
0.09
0.08
0.06
0.03
Dividend per Share
1.75
2.09
2.6
3.4
4.09
4.34
5.53
6.26
5.81
5.88
6.01
6.25
6.43
6.53
6.58
6.56
6.63
Book Value per Share
1.73
2.08
2.58
3.39
4.04
4.33
5.52
6.25
5.8
5.87
6
6.24
6.37
6.47
6.53
6.51
6.59
Tangible Book Value per Share
1,091
1,121
1,118
1,117
1,115
1,120
1,122
1,261
1,301
1,270
1,297
1,261
1,286
1,268
1,269
1,177
1,272
Basic Weighted Avg Shares
1,020
1,856
2,262
2,933
2,439
1,851
2,184
1,883
1,714
1,422
1,433
1,456
1,393
1,291
1,096
1,056
1,022
Sales/Revenue/Turnover
25.89
36.82
38.77
43.9
47.91
37.36
32.89
24.53
26.56
27.94
18.85
25.16
27.09
17.18
14.38
14.21
10.81
Operating Margin (%)
51
74
108
145
172
220
295
321
337
329
336
346
352
344
355
359
- -
Depreciation Expense
251
527
705
1,039
936
549
550
303
364
279
195
328
270
177
89
71
56
Net Income, GAAP
23.15
25.36
25.59
25.01
25.3
26.49
28.72
32.55
31.65
29.84
32.27
27.15
25.34
21.22
28.28
31.76
34.85
Effective Tax Rate (%)
24.6
28.39
31.15
35.43
38.38
29.66
25.18
16.08
21.25
19.64
13.58
22.53
19.4
13.75
8.1
6.68
5.5
Profit Margin (%)
358
553
-451
460
151
-1,094
-185
440
-393
158
218
658
445
-424
304
-191
-429
Working Capital
- -
- -
- -
- -
418
475
68
57
52
- -
317
312
540
338
887
967
1,039
LT Debt
1,980
2,419
3,024
3,937
4,802
4,984
7,187
8,107
7,505
7,575
7,736
8,151
8,471
8,606
8,705
8,682
8,772
Total Equity
14.85
23.32
22.96
25.66
17.81
8.71
6.87
3.5
3.89
3.46
2.26
3.78
3.46
2.18
1.27
0.97
0.67
Return on Invested Capital (%)
17.55
22.23
25.18
29.48
20.13
10.49
9.5
4.37
5.04
3.96
2.7
4.16
2.98
1.84
0.79
0.65
0.36
Return on Capital (%)
20.07
24.51
26.83
30.94
22.33
11.63
9.2
4
4.7
3.72
2.55
4.17
3.32
2.14
1.06
0.84
0.66
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
723
872
483
LT Borrowings
962
976
1,036
LT Finance Leases
6
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,283
1,283
1,283
Market Capitalization
6,080
5,708
4,489

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,661
2,659
2,663
Cash, Cash Equivalents & STI
447
495
599
Accounts Receivable, Net
52
39
63
Inventories
1,432
1,428
1,259
Total Current Liabilities
2,852
2,885
3,091
Payables & Accruals
- -
- -
- -
ST Debt
723
872
483
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.44%
2.35%
-0.27%
Free Cash Flow
-157.65%
-149.67%
-142.83%
Net Income, GAAP
-13.2%
-10.77%
-20.52%
Sales/Revenue/Turnover
-4.98%
-5.75%
-3.64%
Total Cash Common Dividend
1.94%
24.43%
-21.69%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
267
235
252
342
1,096
2025
258
231
- -
321
1,056
2026
240
230
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
0.01
0.01
0.07
2025
0.05
-0.01
- -
0.01
0.06
2026
0.03
0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
0.05
0.01
0.08
2025
- -
0.01
- -
0.01
0.06
2026
- -
0.01
- -
- -
- -
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Business
Haining China Leather Market Co., Ltd. (002344.SZ) engages in the development, leasing, and operation of professional leather markets in China. The company operates Haining Leather City, a fashion industry park, and a hotel; provides wholesale and retail of leather clothing, fur garments, leather luggage, bags, shoes, and footwear; supplies fabrics and surface accessories; offers factory leasing, design research and development, fashion shows, wholesale services, and headquarters economy support; and conducts production, marketing, trading, designing of leather products, business exhibitions, foreign trade, e-commerce live broadcasting, financing guarantees, and health care-related businesses. Founded in 1994 and headquartered in Haining, Zhejiang Province, China, it primarily serves the consumer discretionary sector's specialty retail segment with about 1,284 employees, targeting domestic wholesalers, retailers, manufacturers, and international buyers in the leather goods industry. In recent developments, the company reported 2024 revenue of 1.037 billion yuan, down 14.98% year-over-year, with net profit attributable to shareholders at 88.84 million yuan, down 49.95%, proposing a dividend of 0.38 yuan per share; issued 300 million yuan in nine-month bonds and plans mid-term notes up to 600 million yuan plus ultra-short-term financing bonds up to 1 billion yuan; saw Chairwoman Lin Xiaoqin resign due to work arrangements; and in February 2025 formed a partnership with Zhejiang Kunxin Investment Management via its subsidiary for venture capital activities, adding a "creatm investment" concept.