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

Total Valuation

CNY

As of June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A carries a market capitalization of 2.19B, placing it among publicly traded companies globally. Its enterprise value stands at 3.23B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap2.19B
Enterprise Value3.23B

Share Statistics

As of June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A has 528.00M shares outstanding.

Shares Outstanding528.00M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 0.66, and the price-to-book ratio stands at 0.81.

PS Ratio0.66
PB Ratio0.81
P/TBV Ratio0.95

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 0.93 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 3.23B versus a market cap of 2.19B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.93

Financial Position

As of June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A maintains a current ratio of 0.96, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 65.31, indicating elevated leverage, while an interest coverage ratio of -3.94 demonstrates limited ability to service its debt obligations.

Current Ratio0.96
Quick Ratio0.24
Debt / Equity65.31
Debt / EBITDA-5.83
Interest Coverage-3.94

Financial Efficiency

CNY

Over the twelve months ended June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A posted a negative return on equity (ROE) of -10.79, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -4.73, reflecting losses generated across the asset base. The company generates approximately 3.41M in revenue per employee across its workforce of 1,012.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.98 indicates how many times Zhejiang Ming Jewelry Co., Ltd. Class A sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-10.79
Return on Assets (ROA)-4.73
Revenue Per Employee3.41M
Employee Count1,012.00
Inventory Turnover1.98

Taxes

CNY

Over the twelve months ended June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A recorded 26.74M in income tax expense. The company reported a pretax loss of -286.48M and -310.66M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax26.74M

Stock Price Statistics

CNY

As of the close on October 23, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A's stock has declined approximately 19.18% over the past 52 weeks. The 50-day moving average sits at 4.93, while the 200-day moving average is 5.30.

52-Week Price Change-19.18%
50-Day Moving Average4.93
200-Day Moving Average5.30

Income Statement

CNY

Over the twelve months ended June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A generated 3.45B in revenue and converted that into -310.66M in net income, yielding earnings per share of -0.57. EBITDA reached -303.61M, while operating income came in at -122.14M.

Revenue3.45B
Gross Profit139.06M
Operating Income-122.14M
Pretax Income-286.48M
Net Income-310.66M
EBITDA-303.61M
EBIT-303.61M
Earnings Per Share (EPS)-0.57

Balance Sheet

CNY

As of June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A holds 749.52M in cash and equivalents against 1.77B in total debt, resulting in a net debt position of 444.04M. Total book value stands at 2.69B, with working capital of -124.47M providing operational flexibility.

Cash & Cash Equivalents749.52M
Total Debt1.77B
Net Debt444.04M
Equity (Book Value)2.69B
Book Value Per Share5.10
Working Capital-124.47M

Cash Flow

CNY

These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-84.53M

Margins

Over the twelve months ended June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A posted a gross margin of 4.03, reflecting its pricing power and cost economics. The operating margin of -3.54 and net profit margin of -8.99 provide insight into operational efficiency.

Gross Margin4.03
Operating Margin-3.54
Pretax Margin-8.29
Profit Margin-8.99
EBITDA Margin-8.79

Dividends & Yields

CNY

Over the twelve months ended June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A paid dividends of 0.14 per share. The dividend payout ratio of -23.82 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield reaches 9.20, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Zhejiang Ming Jewelry Co., Ltd. Class A shareholders.

Dividend Per Share0.14
Payout Ratio-23.82
Shareholder Yield9.20

Stock Splits

Zhejiang Ming Jewelry Co., Ltd. Class A's most recent stock split took place on August 28, 2014 with a 5:11 split ratio.

Last Split Date8/28/2014
Split Ratio5:11

Scores

As of June 30, 2026, Zhejiang Ming Jewelry Co., Ltd. Class A has an Altman Z-Score of 1.00, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.00