Global Top E-Commerce Co. Ltd. Class A

Global Top E-Commerce Co. Ltd. Class A

SSZSE:002640
3.43
CNY
-0.16
(-4.46%)
4.69BMarket 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
0.92
1.01
6.35
6.29
9.71
14.18
11.49
10.54
5.66
4.65
4.23
3.7
3.53
- -
Basic EPS, GAAP
0.06
0.04
0.27
0.29
0.52
0.41
-1.74
-1.32
0.43
0.01
-0.01
-0.31
-0.27
- -
Free Cash Flow per Basic Share
-0.16
-0.02
-0.06
-0.84
-0.31
-0.09
-0.04
-0.14
-0.18
-0.07
-0.08
0.05
0.26
- -
Dividend per Share
0.03
0.02
0.03
0.05
0.09
0.15
0.14
0.13
0.09
0.08
0.08
0.09
0.1
0.07
Book Value per Share
0.87
1.44
1.61
2.94
3.39
4.7
2.94
0.66
0.93
0.93
0.87
0.55
0.29
0.43
Tangible Book Value per Share
0.85
0.74
0.91
2.14
2.44
2.89
1.22
-0.57
- -
0.01
-0.05
-0.21
-0.39
-0.25
Basic Weighted Avg Shares
484
836
624
1,358
1,444
1,519
1,556
1,558
1,558
1,561
1,563
1,545
1,539
1,550
Sales/Revenue/Turnover
446
842
3,961
8,537
14,018
21,534
17,874
16,424
8,818
7,254
6,616
5,719
5,437
- -
Operating Margin (%)
12.31
7.2
4.88
6.5
9.15
7.11
0.38
1.88
-0.41
3.93
2.95
3.02
3.47
- -
Depreciation Expense
5
7
9
18
25
45
79
98
89
45
27
17
14
- -
Net Income, GAAP
31
33
168
394
751
623
-2,708
-2,060
673
18
-10
-479
-417
- -
Effective Tax Rate (%)
32.8
40.61
18.86
20.35
19.18
23.84
- -
- -
8.87
78.5
140.37
- -
- -
- -
Profit Margin (%)
7.06
3.97
4.25
4.61
5.36
2.89
-15.15
-12.54
7.64
0.25
-0.15
-8.37
-7.68
- -
Working Capital
519
781
833
3,211
4,065
4,555
1,182
-1,162
174
132
41
-109
-358
-95
LT Debt
- -
- -
- -
391
939
782
326
322
31
20
10
7
4
14
Total Equity
701
1,832
2,043
4,249
4,919
7,323
4,563
1,024
1,457
1,450
1,341
843
444
666
Return on Invested Capital (%)
3.54
1.94
7.84
11.08
12.09
6.77
- -
- -
42.22
1.43
-1.05
- -
- -
- -
Return on Capital (%)
5.14
3.12
8.67
10.39
13.06
9.3
- -
- -
45.23
2.98
-4.83
- -
- -
- -
Return on Common Equity (%)
4.62
2.65
8.69
12.6
16.56
10.22
-45.53
-73.51
54.44
1.24
-0.69
-43.51
-63.94
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
6
5
LT Borrowings
- -
- -
- -
LT Finance Leases
4
16
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,558
1,558
1,558
Market Capitalization
7,058
5,562
4,690

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,432
1,689
1,392
Cash, Cash Equivalents & STI
308
114
285
Accounts Receivable, Net
725
1,001
553
Inventories
132
142
220
Total Current Liabilities
1,789
1,819
1,487
Payables & Accruals
- -
- -
- -
ST Debt
4
6
5
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.72%
-10.04%
-47.34%
Free Cash Flow
311.92%
50.15%
427.53%
Net Income, GAAP
409.41%
889.07%
-12.81%
Sales/Revenue/Turnover
11.69%
-18.27%
-4.93%
Total Cash Common Dividend
36.95%
-5.28%
4.34%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,276
1,643
1,280
1,520
5,719
2025
1,254
1,377
- -
1,419
5,437
2026
1,290
1,274
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
- -
- -
-0.3
-0.31
2025
- -
- -
- -
-0.26
-0.27
2026
0.1
0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.02
0.09
2025
0.02
0.02
- -
0.02
0.1
2026
0.02
0.02
- -
- -
- -

Company Description

CEO
Yong Li
Full Time Employees
519
Sector
Retail trade
Industry
Internet retail
Address
No. 51, Binhe West Road Taiyuan SX China 030027
IPO Date
Nov 29, 2011
Website
kjtbao.com
Business
Global Top E-Commerce Co., Ltd. (002640.SZ) operates as an e-commerce platform specializing in cross-border trade facilitation and digital supply chain solutions for consumer goods and industrial products. The company provides core services including B2B online marketplaces for sourcing and procurement; logistics and fulfillment platforms integrating warehousing, shipping, and customs clearance; digital payment gateways supporting multi-currency transactions; and data analytics tools for market intelligence and inventory management, with key brands encompassing KJTBao platform and affiliated supply chain apps. Headquartered in Shenzhen, China, and founded in 2009, it primarily serves small and medium-sized enterprises in Asia-Pacific and emerging markets across Southeast Asia, Latin America, and Africa. In recent developments, the company announced a strategic partnership with leading logistics providers in Southeast Asia to enhance cross-border delivery capabilities in late 2024. It completed a significant funding round in early 2025, raising approximately RMB 500 million to fuel platform expansion and AI-driven personalization features. Additionally, Global Top E-Commerce launched a new B2C mobile app targeting individual consumers in 2025, marking its shift toward diversified retail segments alongside its core B2B operations.