002574.SHE Zhejiang Ming Jewelry Co Ltd
- Market cap
- CNY 2.33B
- P/E
- -
- P/B
- 0.84x
- ROE
- -3.9%
- Dividend yield
- 3.72%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002574.SHE undervalued?
Graham numberThe Graham number of Zhejiang Ming Jewelry Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhejiang Ming Jewelry Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Ming Jewelry Co Ltd yet.
Zhejiang Ming Jewelry Co Ltd stock price
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About Zhejiang Ming Jewelry Co Ltd
Zhejiang Ming Jewelry Co., Ltd., together with its subsidiaries, engages in the research, design, development, production, sale, and servicing of precious metal and gemstone jewelry products in Mainland China. It operates through Jewelry Production and Sales, New Energy Photovoltaic Cell Production and Sales Business, and Real Estate Marketing Business segments. The company offers gold, platinum, diamond, and inlaid jewelry, as well as high-end silver products and ornaments.…
Full company profileZhejiang Ming Jewelry Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Ming Jewelry Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 3.35B | 3.69B | 4.09B | 3.43B | 2.51B | 3.58B | 3.47B | 3.94B | 3.93B | 3.28B | 3.25B |
| Gross Profit | 345M | 379M | 354M | 419M | 325M | 415M | 388M | 492M | 239M | 184M | 184M |
| Operating Income | 36.4M | 124M | 130M | 130M | -235M | 211M | -213M | 119M | -181M | -161M | -105M |
| EBITDA | 165M | 183M | 171M | 173M | -191M | 255M | -166M | 282M | 55.7M | -17.4M | -105M |
| Net Income | 43.7M | 87.3M | 91.4M | 57.8M | -257M | 137M | -163M | 159M | 18.0M | -360M | -103M |
| EPS | 0.08 | 0.17 | 0.17 | 0.11 | -0.49 | 0.26 | -0.31 | 0.30 | 0.03 | -0.68 | -0.19 |
| Balance Sheet | |||||||||||
| Total Assets | 4.92B | 3.88B | 4.07B | 4.39B | 4.12B | 4.31B | 4.41B | 7.38B | 7.03B | 6.51B | 5.78B |
| Total Liabilities | 1.85B | 745M | 866M | 1.15B | 1.15B | 1.20B | 1.46B | 4.25B | 3.90B | 3.78B | 3.13B |
| Shareholders' Equity | 3.07B | 3.13B | 3.20B | 3.24B | 2.96B | 3.09B | 2.93B | 3.10B | 3.10B | 2.70B | 2.64B |
| Cash & Short-term Investments | 304M | 413M | 474M | 771M | 997M | 993M | 1.19B | 1.75B | 879M | 719M | 622M |
| Total Debt | 1,000M | - | 70.0M | 15.0M | 63.0M | 162M | 277M | 1.16B | 1.23B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 259M | 188M | 24.6M | -1.79M | 112M | 119M | 157M | 308M | 7.26M | -633M | - |
| Capital Expenditure | 36.5M | 26.7M | 31.7M | 16.2M | 10.5M | 24.3M | 21.1M | 893M | 1.45B | 66.8M | 42.8M |
| Free Cash Flow | 222M | 162M | -7.08M | -18.0M | 102M | 95.1M | 136M | -585M | -1.44B | -699M | 99.4M |
| Ratios | |||||||||||
| ROE | 1.4% | 2.8% | 2.9% | 1.8% | -8.7% | 4.4% | -5.5% | 5.1% | 0.6% | -13.3% | -3.9% |
| ROA | 0.9% | 2.2% | 2.2% | 1.3% | -6.2% | 3.2% | -3.7% | 2.2% | 0.3% | -5.5% | -1.8% |
| Net Profit Margin | 1.3% | 2.4% | 2.2% | 1.7% | -10.2% | 3.8% | -4.7% | 4.0% | 0.5% | -11.0% | -3.2% |
| Debt to Equity | 0.33x | - | 0.02x | 0.00x | 0.02x | 0.05x | 0.09x | 0.37x | 0.40x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhejiang Ming Jewelry Co Ltd dividends
- Dividend yield
- 3.72%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jul 10, 2024
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 86.5M | 0.16 | - |
| 2024 | CNY 145M | 0.24 | 805.8% |
| 2023 | CNY 42.1M | 0.08 | 26.4% |
| 2022 | CNY 30.5M | 0.06 | - |
| 2021 | CNY 15.0M | 0.03 | 10.9% |
| 2020 | CNY 15.8M | 0.03 | - |
| 2019 | CNY 26.4M | 0.05 | 45.7% |
| 2018 | CNY 49.8M | 0.09 | 54.5% |
| 2017 | CNY 124M | 0.24 | 142.3% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 22:10 on Aug 28, 2014.
Who owns Zhejiang Ming Jewelry Co Ltd
- Insiders 59.97%
- Institutions 1.93%
- Public & others 38.10%
- Shares outstanding 528M
- Free float 274M
Zhejiang Ming Jewelry Co Ltd company profile
- Company name
- Zhejiang Ming Jewelry Co Ltd
- Ticker
- 002574.SHE
- ISIN
- CNE100001286
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Apr 22, 2011
- Sector
- Consumer Cyclical
- Industry
- Textiles, Apparel & Luxury Goods
- Employees
- 926
- Fiscal year end
- December
- Address
- No. 1016, Jingshui Road, Shaoxing, China, 312030
- Phone
- 86 40 0886 0100
- Website
- mingr.com
About Zhejiang Ming Jewelry Co Ltd
Zhejiang Ming Jewelry Co., Ltd., together with its subsidiaries, engages in the research, design, development, production, sale, and servicing of precious metal and gemstone jewelry products in Mainland China. It operates through Jewelry Production and Sales, New Energy Photovoltaic Cell Production and Sales Business, and Real Estate Marketing Business segments. The company offers gold, platinum, diamond, and inlaid jewelry, as well as high-end silver products and ornaments. It also provides new energy photovoltaic cell products; real estate marketing services, including second-hand home sales brokerage, new home sales agency, and housing rental intermediary services; and derivative services, such as real estate consulting, price appraisal, and transaction procedure processing. The company offers its products through the Mingpai Jewelry, Mingpai Heirloom Gold, and Mingpai Little Gold Joy brands, as well as online. Zhejiang Ming Jewelry Co., Ltd. was founded in 1987 and is headquartered in Shaoxing, China.
Zhejiang Ming Jewelry Co Ltd management
5- Mr. Haohua YuVice Chairman & GM · born 1987
- Mr. Kefei YuChief Financial Officer · born 1978
- Mr. Ageng YinDeputy GM & Non-Independent Director · born 1962
- Mr. Kai ChenBoard Secretary · born 1982
- Yan ChenAccounting Supervisor & Head of Accounting Department