Shenzhen Mingdiao Decoration Co., Ltd. Class A

Shenzhen Mingdiao Decoration Co., Ltd. Class A

SSZSE:002830
14.14
CNY
+0.64
(+4.74%)
3.21BMarket 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
4.75
5.02
4.8
4.98
4.02
4.04
4.77
4.7
4.77
4.37
4.16
3.67
3.88
- -
Basic EPS, GAAP
0.36
0.36
0.34
0.36
0.28
0.24
0.13
0.12
0.16
0.1
0.21
0.22
0.24
- -
Free Cash Flow per Basic Share
0.88
0.44
0.83
0.57
0.69
0.45
0.35
0.68
-0.06
-0.39
0.44
0.06
0.54
- -
Dividend per Share
0.11
0.11
0.11
0.1
0.09
0.08
0.11
0.09
0.09
0.11
0.08
0.17
0.18
- -
Book Value per Share
1.68
1.93
2.17
3.05
3.26
3.42
3.43
3.46
3.53
3.53
3.65
3.59
3.64
3.56
Tangible Book Value per Share
1.66
1.91
1.98
2.91
3.11
3.27
3.18
3.21
3.3
3.33
3.47
3.42
3.48
3.41
Basic Weighted Avg Shares
139
140
140
139
185
189
188
184
185
189
189
184
182
177
Sales/Revenue/Turnover
662
705
673
691
744
764
898
867
884
828
784
674
705
- -
Operating Margin (%)
10
8.46
8.62
8.83
7.01
4.46
1.86
1.02
2.02
2.98
5.48
4.6
7.07
- -
Depreciation Expense
7
10
11
13
13
16
18
19
48
52
43
37
33
- -
Net Income, GAAP
51
50
48
51
52
46
24
22
29
19
39
41
43
- -
Effective Tax Rate (%)
26.41
27.28
27.02
26.78
27.45
18.98
34.26
27.43
26.18
44.25
29.27
18.87
24.08
- -
Profit Margin (%)
7.67
7.12
7.14
7.32
6.93
6.01
2.7
2.58
3.29
2.29
4.98
6.04
6.07
- -
Working Capital
20
60
111
380
390
409
-1
-166
251
139
303
320
379
370
LT Debt
- -
- -
- -
- -
- -
- -
- -
65
51
26
21
15
8
14
Total Equity
235
270
304
569
613
652
656
663
679
679
699
689
700
680
Return on Invested Capital (%)
20.79
17.72
15.18
10.91
8.36
7.14
3.85
3.48
4.5
3.28
5.84
6.2
6.64
- -
Return on Capital (%)
23.36
19.84
14.41
10.11
7.13
6.88
3.24
2.71
3.15
1.89
4.74
4.94
5.21
- -
Return on Common Equity (%)
23.36
19.84
16.75
11.59
8.76
7.37
3.79
3.48
4.46
2.88
5.84
6.02
6.34
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
9
12
LT Borrowings
- -
- -
- -
LT Finance Leases
8
5
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
187
187
186
Market Capitalization
2,600
2,823
3,214

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,089
1,047
1,117
Cash, Cash Equivalents & STI
983
987
1,057
Accounts Receivable, Net
2
1
2
Inventories
55
34
24
Total Current Liabilities
710
658
747
Payables & Accruals
- -
- -
- -
ST Debt
9
9
12
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
1.63%
Free Cash Flow
110.97%
209.26%
870.76%
Net Income, GAAP
5.22%
22.16%
5.29%
Sales/Revenue/Turnover
0.8%
-3.82%
4.67%
Total Cash Common Dividend
12.19%
19.91%
4.01%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
131
162
154
227
674
2025
118
149
- -
268
705
2026
118
152
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.03
0.04
0.13
0.22
2025
0.01
0.03
- -
0.15
0.24
2026
0.02
0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.17
2025
- -
0.18
- -
- -
0.18
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ji Xiao Lan
Full Time Employees
749
Sector
Industrial services
Industry
Engineering & construction
Address
Longguang Century Building Shenzhen GD China 518000
IPO Date
Dec 13, 2016
Business
Shenzhen Mingdiao Decoration Co., Ltd. (002830.SZ) provides comprehensive home decoration and furnishing services principally in China, specializing in high-end residential projects including medium and large apartments and villas. The company offers integrated solutions encompassing original residential design and engineering construction; sales of building materials and wood products; wood product customization; purchase and distribution of main materials, auxiliary materials, accessories, and soft decorations; comprehensive management services; after-sales service; public building decoration design and construction; and self-owned property leasing. Founded in 1999 and headquartered in Shenzhen, Guangdong Province, the company operates primarily within the domestic Chinese market, with a focus on the residential decoration industry and recognition as a leading provider in South China. In recent developments, Shenzhen Mingdiao Decoration plans to invest RMB 1.2 billion of its own funds to establish a wholly-owned subsidiary, Guangdong Yaobang Digital Residence, to expand into digital home services. The company completed a share repurchase program by December 2024, acquiring 1.946 million shares representing 1.46% of its total share capital for RMB 20.2 million. It approved a cash dividend for the year 2024 with payment on June 6, 2025, and reported new contracts totaling RMB 230 million in Q3 2024 alongside Q4 new orders of RMB 111 million.