Zhejiang Truelove Vogue Co. Ltd. Class A

Zhejiang Truelove Vogue Co. Ltd. Class A

SSZSE:003041
33.92
CNY
+0.36
(+1.07%)
0.07EPS
617.28P/E
6.29BMarket Cap
Oct 28Next Earn
2012 Y
2013 Y
2014 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.21
8.78
9.03
8.5
9.5
9.31
8.24
8.31
8.14
6.65
6.1
6.83
6.09
Basic EPS, GAAP
0.39
0.59
0.38
0.26
0.58
0.94
1.12
0.96
1.29
0.74
0.53
1.62
0.07
Free Cash Flow per Basic Share
1.19
0.01
0.63
0.29
0.44
0.68
1.11
-1.32
-4.28
-0.64
-0.54
0.37
- -
Dividend per Share
0.31
0.28
0.23
0.03
0.04
0.01
- -
- -
0.18
0.42
0.52
0.9
0.52
Book Value per Share
1.04
1.63
2.15
3.36
3.95
4.89
6.01
7.86
8.83
9.24
9.36
10.19
10.31
Tangible Book Value per Share
0.8
1.4
1.93
2.98
3.55
4.24
5.54
7.5
8.49
8.91
8.96
9.85
9.94
Basic Weighted Avg Shares
108
108
103
108
108
108
108
112
120
143
144
144
144
Sales/Revenue/Turnover
886
948
933
917
1,024
1,002
891
933
979
953
879
983
876
Operating Margin (%)
9.14
9.15
8.14
5.85
8.08
11.87
16.47
13.18
12.8
10.42
7.54
9.7
8.91
Depreciation Expense
- -
- -
- -
31
26
28
28
29
30
33
52
80
- -
Net Income, GAAP
42
64
39
28
63
102
122
108
155
106
76
234
10
Effective Tax Rate (%)
15.61
14.43
16.12
18.37
8.9
11.56
12.25
9.96
- -
- -
4.41
11.93
73.56
Profit Margin (%)
4.77
6.74
4.23
3.02
6.14
10.15
13.65
11.53
15.84
11.12
8.63
23.79
1.16
Working Capital
153
139
181
107
160
247
353
707
294
317
282
427
462
LT Debt
310
260
230
- -
- -
- -
2
110
176
304
342
290
301
Total Equity
112
176
233
363
426
528
650
1,132
1,272
1,330
1,348
1,467
1,485
Return on Invested Capital (%)
- -
9.32
6.51
5.46
12.42
19.37
19.85
11.29
- -
- -
4.2
12.38
0.49
Return on Capital (%)
- -
10.05
6.98
6.6
14.46
20.34
20.44
11.38
- -
- -
4.27
13.13
0.83
Return on Common Equity (%)
- -
44.32
19.31
9.3
15.94
21.31
20.67
12.07
12.89
8.14
5.66
16.61
0.67

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
191
501
289
LT Borrowings
290
337
301
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
144
144
144
Market Capitalization
7,824
7,111
6,286

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
841
1,124
923
Cash, Cash Equivalents & STI
290
568
314
Accounts Receivable, Net
203
202
221
Inventories
181
205
259
Total Current Liabilities
413
656
461
Payables & Accruals
- -
- -
- -
ST Debt
191
501
289
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.39%
20.27%
8.8%
Free Cash Flow
487.86%
-47.99%
-168.48%
Net Income, GAAP
32.12%
36.19%
208.56%
Sales/Revenue/Turnover
0.62%
2.21%
11.9%
Total Cash Common Dividend
101,083.23%
202,213.84%
71.73%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
160
160
303
255
879
2025
180
210
- -
259
983
2026
200
208
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.05
0.16
0.14
0.53
2025
1.44
-0.08
- -
0.02
1.62
2026
0.03
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.46
0.03
0.03
0.52
2025
0.03
0.43
- -
0.02
0.9
2026
0.03
0.05
- -
- -
- -

Company Description

CEO
Qi Ming Zheng
Full Time Employees
1,503
Sector
Consumer durables
Industry
Home furnishings
Address
Comprehensive Building Yiwu ZH China 322000
IPO Date
Mar 24, 2021
Website
zamj.cn
Business
Zhejiang Truelove Vogue Co., Ltd. researches, develops, designs, manufactures and sells household textiles, primarily blankets, in China. The company offers raschel blankets, mink blankets, polyester blankets, fleece blankets, flannel blankets, sherpa blankets, cloud blankets, weighted blankets, throw blankets, bed blankets, quilts, pillow cores, bedding kits, carpets, towels, loungewear and other textiles and packaging products under the True Love and True Love Home brand names. It exports to Europe, the United States, Japan, Southeast Asia, the Middle East, Dubai and other international markets; founded in 2010, Zhejiang Truelove Vogue Co., Ltd. is headquartered in Yiwu, Zhejiang Province, China. In November 2025, the company undergoes a change of control as its controlling shareholder, Zhejiang Zhenai Group Co., Ltd., and actual controller, Zheng Qi, transfer equity to Tanji Yuanqing, an entity linked to SaaS provider Tanji Technology founder Li Zhan, involving acquisition of 44.99% shares for nearly CNY 1.8 billion through equity transfer and tender offer, with trading halted pending the transaction; the acquirer commits to no backdoor listing plans within 36 months. The company reports third-quarter 2025 net profit growth of 48.93% year-over-year to CNY 33.4 million on revenue up 10.19% to CNY 334 million.