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Chow Tai Seng Jewelry Co. Ltd. Class A

Chow Tai Seng Jewelry Co. Ltd. Class A

SSZSE:002867
10.23
CNY
+0.15
(+1.49%)
12.10BMarket Cap
Oct 28Next Earn
Chow Tai Seng Jewelry Co. Ltd. Class A
SZSE:002867
(Shenzhen Stock Exchange)

Recent

price

10.23

P/E

ratio

- -

div

yld

2.55%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.03
2.32
2.97
2.96
3.02
3.2
3.74
4.51
5.01
4.67
8.37
10.3
14.98
12.79
8.15
- -
Revenue per Share
0.26
0.31
0.27
0.36
0.39
0.47
0.58
0.75
0.91
0.93
1.12
1.01
1.21
0.93
1.02
- -
Basic EPS, GAAP
- -
- -
- -
0.09
0.33
0.42
0.32
-0.01
0.57
1.12
0.04
0.83
-0.07
1.53
0.33
- -
Free Cash Flow per Basic Share
0.07
0.02
0.16
0.25
0.25
0.28
0.29
0.29
0.31
0.31
0.7
0.51
0.92
0.98
0.92
0.26
Dividend per Share
0.83
1.15
1.27
1.41
1.58
1.79
3.15
3.6
4.3
4.91
5.28
5.51
5.82
5.8
5.97
5.73
Book Value per Share
0.83
1.14
1.27
1.41
1.41
1.62
3
3.19
3.9
4.52
4.89
5.15
5.47
5.46
5.63
5.4
Tangible Book Value per Share
902
904
902
901
903
906
1,017
1,080
1,085
1,090
1,093
1,080
1,088
1,086
1,082
1,086
Basic Weighted Avg Shares
1,828
2,097
2,678
2,664
2,729
2,902
3,805
4,870
5,439
5,084
9,155
11,118
16,290
13,891
8,815
- -
Sales/Revenue/Turnover
15.88
15.72
11.67
14.87
15.94
18.24
20.45
22.03
23.11
25.32
18.05
12.63
10.96
10.39
16.68
- -
Operating Margin (%)
- -
- -
- -
4
11
12
13
24
20
13
47
60
74
96
116
- -
Depreciation Expense
234
281
245
324
353
427
592
806
991
1,013
1,225
1,091
1,316
1,010
1,103
- -
Net Income, GAAP
24.69
25.09
25.11
25.22
25.13
24.74
25.11
23.9
23.28
23.45
23.17
23.45
23.16
22.42
17.92
- -
Effective Tax Rate (%)
12.8
13.42
9.13
12.18
12.94
14.7
15.56
16.55
18.23
19.93
13.38
9.81
8.08
7.27
12.52
- -
Profit Margin (%)
724
1,101
1,105
1,322
1,242
1,421
2,897
2,524
3,009
3,798
4,150
4,758
4,879
4,762
4,767
4,482
Working Capital
- -
100
- -
100
- -
- -
- -
- -
- -
83
88
65
50
74
58
42
LT Debt
752
1,033
1,149
1,273
1,426
1,612
3,382
3,964
4,743
5,390
5,797
6,049
6,385
6,351
6,476
6,216
Total Equity
- -
19.81
15.11
17.71
18.92
22.18
22.34
19.17
20.21
19.03
20.76
17.59
19.96
14.85
16.01
- -
Return on Invested Capital (%)
- -
25
19.2
22.47
22.5
25.45
23.2
20.68
21.52
19.78
21.57
18.26
20.84
15.72
16.32
- -
Return on Capital (%)
- -
31.53
22.42
26.78
26.16
28.09
23.71
22.03
22.93
20.07
21.92
18.44
21.19
15.86
17.19
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
624
773
669
LT Borrowings
- -
- -
- -
LT Finance Leases
58
53
42
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,085
1,085
1,085
Market Capitalization
13,221
12,961
12,103

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,530
6,724
6,622
Cash, Cash Equivalents & STI
808
717
949
Accounts Receivable, Net
266
189
284
Inventories
5,000
5,364
4,983
Total Current Liabilities
1,762
1,686
2,140
Payables & Accruals
- -
- -
- -
ST Debt
624
773
669
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.22%
3.78%
1.97%
Free Cash Flow
-492.21%
-112.22%
-78.67%
Net Income, GAAP
13.75%
3.31%
9.22%
Sales/Revenue/Turnover
16.74%
19.35%
-36.54%
Total Cash Common Dividend
22.45%
36.33%
-6.78%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,070
3,126
2,612
3,083
13,891
2025
2,673
1,924
- -
2,043
8,815
2026
1,954
1,687
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.31
0.24
0.23
0.14
0.93
2025
0.23
0.31
- -
0.2
1.02
2026
0.27
0.14
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.65
0.3
0.98
2025
- -
0.65
- -
0.25
0.92
2026
- -
- -
- -
- -
- -
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Business
Chow Tai Seng Jewellery Co., Ltd. (002867.SZ) designs, manufactures, promotes and retails jewelry products primarily in China through a network of self-operated stores, franchise outlets and e-commerce channels. The company offers diamond-inlaid jewelry and plain gold jewelry; platinum and K-gold pieces; jadeite, pearl and color gemstone products; silver jewelry; as well as specialized collections including the Art Tour-Monet Garden series, National Treasure, LOVE100, Happy Flower Marriage, The Forbidden City Divine Beast, The 24 Solar Terms of the Forbidden City and Oriental Blue and White; alongside customized services such as diamond rings and bespoke designs under the Chow Tai Seng brand. Founded in 1999 and headquartered in Shenzhen, China, it operates over 5,235 stores nationwide as of late 2024, including approximately 4,886 franchise stores and 349 self-operated stores, with a brand value exceeding 86.772 billion yuan. A subsidiary of Shenzhen Zhou's Investment Co., Ltd., the company targets mid-to-high-end consumers in the luxury jewelry market, emphasizing scene-style jewelry, quality assurance initiatives like the Nine Measures for Qianzujin, and sustainability efforts. Recent developments include a strategic partnership with the Natural Diamond Council in 2024; the launch of the Fall Oriental Blue and White collection and National Treasure Splendid Orient collection in September and December 2024, respectively; expansion to over 5,100 stores; awards such as the Annual Organizational Talent Empowerment Benchmark and 2024 Omni-Channel Growth Brand Breakthrough; the acquisition of wedding ring brand BLOVE in 2021 and German luxury audio brand MBL in 2025; new self-operated store openings in 2025; and the introduction of the Chow Tai Sheng Classic sub-brand in 2022.