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    Consumer durables

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    Other consumer specialties
Zhejiang Ming Jewelry Co., Ltd. Class A

Zhejiang Ming Jewelry Co., Ltd. Class A

SSZSE:002574
4.72
CNY
+0.06
(+1.29%)
-0.57EPS
2.19BMarket Cap
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
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
6.28
Basic EPS, GAAP
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
-0.56
Free Cash Flow per Basic Share
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
- -
Dividend per Share
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
0.14
Book Value per Share
5.43
5.77
5.78
5.82
5.93
6.07
6.13
5.59
5.85
5.56
5.88
5.87
5.12
5.1
Tangible Book Value per Share
5.33
5.65
5.67
5.72
5.83
5.97
6.04
5.5
5.76
5.47
5.6
5.05
4.35
4.35
Basic Weighted Avg Shares
522
525
511
546
513
538
525
525
527
524
530
599
529
550
Sales/Revenue/Turnover
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
3,455
Operating Margin (%)
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
-3.54
Depreciation Expense
10
12
11
11
13
15
16
15
24
26
44
135
243
- -
Net Income, GAAP
83
200
61
44
87
91
58
-257
137
-163
159
18
-360
-311
Effective Tax Rate (%)
29.89
24.37
35.18
10.62
30.42
28.69
57.07
- -
34.75
- -
23.66
- -
- -
- -
Profit Margin (%)
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
-8.99
Working Capital
3,679
3,923
2,791
1,730
1,789
1,921
2,093
2,148
2,237
2,250
460
504
137
-124
LT Debt
990
1,090
996
- -
- -
- -
- -
44
41
32
15
725
377
26
Total Equity
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
2,711
Return on Invested Capital (%)
1.95
4.65
1.28
0.8
2.43
2.94
1.74
- -
4.42
- -
2.51
- -
- -
- -
Return on Capital (%)
3.71
6.81
3.3
3.39
3.28
3.4
2.2
- -
4.81
- -
5.21
- -
- -
- -
Return on Common Equity (%)
2.94
6.75
2.01
1.43
2.81
2.89
1.79
-8.31
4.53
-5.4
5.27
0.58
-12.38
-10.79

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,327
1,795
1,744
LT Borrowings
369
166
20
LT Finance Leases
8
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
528
528
528
Market Capitalization
2,967
3,010
2,191

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,342
3,512
2,957
Cash, Cash Equivalents & STI
719
868
750
Accounts Receivable, Net
229
181
232
Inventories
1,947
2,003
1,577
Total Current Liabilities
3,205
3,527
3,081
Payables & Accruals
- -
- -
- -
ST Debt
1,327
1,795
1,744
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

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
873
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
-0.01
-0.01
0.02
0.03
2025
-0.07
-0.07
- -
-0.48
-0.68
2026
0.02
-0.06
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.04
0.14
0.05
0.24
2025
0.04
0.04
- -
0.04
0.16
2026
0.02
0.04
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hao Hua Yu
Full Time Employees
926
Sector
Consumer durables
Industry
Other consumer specialties
Address
No. 1016, Jingshui Road Shaoxing ZH China 312030
IPO Date
Apr 13, 2011
Website
mingr.com
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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.