Zhejiang Bangjie Holding Group Co., Ltd. Class A

Zhejiang Bangjie Holding Group Co., Ltd. Class A

SSZSE:002634
3.50
CNY
-0.11
(-3.05%)
-0.76EPS
2.00BMarket Cap
Oct 28Next 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
0.86
0.86
0.76
0.92
0.93
0.93
1.26
1.32
1.32
1.34
1.64
2.43
1.24
1.22
Basic EPS, GAAP
0.07
0.08
0.08
0.09
0.1
0.04
0.08
0.13
0.12
0.16
-0.19
-1.48
-2.15
-1.03
Free Cash Flow per Basic Share
0.06
0.11
- -
0.19
0.17
-0.09
-0.04
0.08
0.04
0.17
-2.99
-1.22
0.04
- -
Dividend per Share
0.06
0.06
0.06
0.09
0.07
0.08
0.01
0.01
0.01
0.01
0.01
0.02
0.01
-0.01
Book Value per Share
1.15
1.39
1.41
1.44
1.5
1.51
1.5
1.65
1.77
2
2.31
0.65
-1.57
-0.77
Tangible Book Value per Share
1.1
1.27
1.29
1.32
1.39
1.41
1.4
1.56
1.68
1.95
2.27
0.61
-1.61
-0.8
Basic Weighted Avg Shares
435
434
453
449
483
454
476
474
463
455
465
454
460
454
Sales/Revenue/Turnover
374
374
344
413
449
423
601
626
614
608
763
1,106
568
555
Operating Margin (%)
8.23
10.12
11.89
17.4
16.4
8.42
11.24
14.69
8.96
9.6
-15.74
-27.82
-33.19
-31.23
Depreciation Expense
29
28
28
27
29
32
33
30
34
31
51
154
161
- -
Net Income, GAAP
29
34
36
40
48
18
38
62
56
73
-88
-672
-989
-466
Effective Tax Rate (%)
10.39
11.32
14.41
16.53
16.99
24.55
19.84
22.12
14.6
16.73
- -
- -
- -
- -
Profit Margin (%)
7.75
9.02
10.53
9.78
10.75
4.29
6.33
9.86
9.06
11.98
-11.58
-60.82
-174.05
-84.04
Working Capital
122
251
269
273
250
107
89
109
144
529
-371
-1,109
-2,022
-799
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
10
19
770
810
388
33
Total Equity
494
640
887
896
924
695
687
761
819
921
1,423
221
-933
-414
Return on Invested Capital (%)
5.04
4.6
4.48
4.85
5.58
1.07
4.66
7.46
6.37
7.42
- -
- -
- -
- -
Return on Capital (%)
5.86
6
3.24
3.84
4.43
3.1
5.19
8.01
6.74
7.78
- -
- -
- -
- -
Return on Common Equity (%)
5.93
5.95
5.61
6.14
7.12
2.62
5.51
8.53
7.07
8.42
-8.79
-96.36
- -
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
902
249
124
LT Borrowings
12
12
12
LT Finance Leases
376
319
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
459
459
459
Market Capitalization
2,595
4,107
2,003

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
591
548
349
Cash, Cash Equivalents & STI
165
149
119
Accounts Receivable, Net
100
76
87
Inventories
113
117
121
Total Current Liabilities
2,613
2,696
1,148
Payables & Accruals
- -
- -
- -
ST Debt
902
249
124
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-54.24%
-106.27%
-521.54%
Free Cash Flow
-1,334.14%
-362.14%
-103.01%
Net Income, GAAP
64.75%
101.45%
47.06%
Sales/Revenue/Turnover
8.8%
3.78%
-48.61%
Total Cash Common Dividend
3.26%
21.72%
-54.27%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
382
357
218
149
1,106
2025
123
169
- -
154
568
2026
114
117
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
-0.24
-0.11
-1.06
-1.48
2025
-0.11
-0.23
- -
-0.19
-2.15
2026
-0.12
-0.5
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
- -
-0.01
0.02
2025
0.01
- -
- -
-0.01
0.01
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jun Yang
Full Time Employees
2,338
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Bangjie Plaza Suzhou JS China 322009
IPO Date
Nov 24, 2011
Website
bangjie.cn
Business
Zhejiang Bangjie Holding Group Co., Ltd. (002634.SZ) operates as a leading manufacturer of seamless garments, specializing in the research, development, weaving, and marketing of apparel products including underwear series, suit series, casual wear such as family wear and pajamas, sportswear, outdoor wear like beach and travel attire, and fashion items comprising youth and urban wear; it also engages in financial loans, property leasing, and residual photovoltaic components such as n-type TOPCon solar batteries. Founded in 1993 and headquartered in Yiwu, Zhejiang Province, China, with additional operations in Suzhou, the company serves global markets as an ODM/OEM core supplier, primarily targeting international clients in the apparel sector. In recent developments, it exited its photovoltaic expansion by terminating an 8 billion yuan n-type solar cell project in Jiangshan in July 2025, incurring significant losses and compensation payments amid debt pressures; additionally, its subsidiary Yangzhou Bangjie New Energy Technology faced creditor-initiated bankruptcy restructuring in 2025 due to 2.65 billion yuan in liabilities and negative net assets, while refocusing on core apparel amid H1 2025 net losses of 150 million yuan and revenue declines.