Guangdong CHJ Industry Co., Ltd. Class A

Guangdong CHJ Industry Co., Ltd. Class A

SSZSE:002345
7.78
CNY
-0.07
(-0.89%)
8.15BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
- -
Basic EPS, GAAP
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
- -
Free Cash Flow per Basic Share
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
- -
Dividend per Share
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
0.49
Book Value per Share
2.64
2.85
3.01
3.21
3.79
3.65
3.74
3.8
3.89
3.99
4.09
3.97
4.24
4.37
Tangible Book Value per Share
2.63
1.44
1.59
1.79
2.47
2.44
2.7
2.83
2.93
3.14
3.29
3.38
3.79
3.92
Basic Weighted Avg Shares
765
849
851
858
861
888
902
873
888
905
877
880
888
886
Sales/Revenue/Turnover
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
- -
Operating Margin (%)
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
- -
Depreciation Expense
15
19
22
22
24
30
29
26
75
83
88
94
93
- -
Net Income, GAAP
176
221
255
197
284
71
81
140
351
199
333
194
497
- -
Effective Tax Rate (%)
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
- -
Profit Margin (%)
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
- -
Working Capital
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
2,451
LT Debt
196
490
- -
1,350
1,202
899
94
166
254
312
226
64
85
111
Total Equity
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
3,895
Return on Invested Capital (%)
8.06
6.65
5.5
4.61
6.17
1.46
1.72
3.21
7.99
4.63
7.39
3.88
10.31
- -
Return on Capital (%)
7.92
7.35
7.99
6.22
7.58
2.43
2.78
4.11
8.58
5.02
8.35
5.71
12.19
- -
Return on Common Equity (%)
9.52
9.51
10.31
7.51
9.26
2.11
2.43
4.09
10.08
5.64
9.29
5.41
13.63
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
993
1,068
685
LT Borrowings
65
99
91
LT Finance Leases
20
18
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
889
889
889
Market Capitalization
11,106
9,152
8,148

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,181
5,786
4,695
Cash, Cash Equivalents & STI
564
966
1,326
Accounts Receivable, Net
670
530
434
Inventories
4,534
3,913
2,717
Total Current Liabilities
3,655
3,201
2,243
Payables & Accruals
- -
- -
- -
ST Debt
993
1,068
685
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

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
1,876
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.11
0.1
-0.14
0.22
2025
0.21
0.16
- -
0.2
0.56
2026
0.3
0.18
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.26
0.01
0.11
0.4
2025
0.01
0.26
- -
0.11
0.39
2026
0.01
0.36
- -
- -
- -

Company Description

CEO
Chuang Bin Liao
Full Time Employees
3,451
Sector
Consumer durables
Industry
Other consumer specialties
Address
Chaohongji Plaza Headquarters Office Building Shantou GD China 515073
IPO Date
Jan 29, 2010
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.