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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
Zhejiang Ming Jewelry Co., Ltd. Class A
SZSE:002574
(Shenzhen Stock Exchange)

Recent

price

4.72

P/E

ratio

- -

div

yld

2.90%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
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
6.28
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
-0.56
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
- -
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
0.14
Dividend per Share
1.73
5.3
5.32
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
Book Value per Share
1.68
5.26
5.21
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
Tangible Book Value per Share
397
484
524
522
525
511
546
513
538
525
525
527
524
530
599
529
550
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
3,455
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
-3.54
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
-311
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
-8.99
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
-124
Working Capital
- -
- -
987
990
1,090
996
- -
- -
- -
- -
44
41
32
15
725
377
26
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
2,711
Total Equity
12.29
10.04
2.06
1.95
4.65
1.28
0.8
2.43
2.94
1.74
- -
4.42
- -
2.51
- -
- -
- -
Return on Invested Capital (%)
17.85
11.76
3.69
3.71
6.81
3.3
3.39
3.28
3.4
2.2
- -
4.81
- -
5.21
- -
- -
- -
Return on Capital (%)
37.5
14.4
2.63
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
Return on Common Equity (%)

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
- -
- -
- -
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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.