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Zhejiang Ming Jewelry SZSE:002574 Stock Report

Last Price

CN¥5.26

Market Cap

CN¥2.8b

7D

-1.3%

1Y

-17.2%

Updated

15 May, 2024

Data

Company Financials

Zhejiang Ming Jewelry Co., Ltd.

SZSE:002574 Stock Report

Market Cap: CN¥2.8b

Zhejiang Ming Jewelry Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Ming Jewelry
Historical stock prices
Current Share PriceCN¥5.26
52 Week HighCN¥7.25
52 Week LowCN¥3.73
Beta0.19
1 Month Change-14.61%
3 Month Change26.14%
1 Year Change-17.17%
3 Year Change25.54%
5 Year Change-2.41%
Change since IPO-67.66%

Recent News & Updates

Statutory Earnings May Not Be The Best Way To Understand Zhejiang Ming Jewelry's (SZSE:002574) True Position

May 02
Statutory Earnings May Not Be The Best Way To Understand Zhejiang Ming Jewelry's (SZSE:002574) True Position

Zhejiang Ming Jewelry Co., Ltd.'s (SZSE:002574) Shares Lagging The Industry But So Is The Business

Feb 27
Zhejiang Ming Jewelry Co., Ltd.'s (SZSE:002574) Shares Lagging The Industry But So Is The Business

Recent updates

Statutory Earnings May Not Be The Best Way To Understand Zhejiang Ming Jewelry's (SZSE:002574) True Position

May 02
Statutory Earnings May Not Be The Best Way To Understand Zhejiang Ming Jewelry's (SZSE:002574) True Position

Zhejiang Ming Jewelry Co., Ltd.'s (SZSE:002574) Shares Lagging The Industry But So Is The Business

Feb 27
Zhejiang Ming Jewelry Co., Ltd.'s (SZSE:002574) Shares Lagging The Industry But So Is The Business

Shareholder Returns

2574CN LuxuryCN Market
7D-1.3%0.8%-0.8%
1Y-17.2%-4.1%-10.4%

Return vs Industry: 002574 underperformed the CN Luxury industry which returned -4.1% over the past year.

Return vs Market: 002574 underperformed the CN Market which returned -10.4% over the past year.

Price Volatility

Is 2574's price volatile compared to industry and market?
2574 volatility
2574 Average Weekly Movement9.3%
Luxury Industry Average Movement6.9%
Market Average Movement7.3%
10% most volatile stocks in CN Market10.9%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 002574's share price has been volatile over the past 3 months.

Volatility Over Time: 002574's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
1987960Haohua Yuwww.mingr.com

Zhejiang Ming Jewelry Co., Ltd. researches, develops, designs, produces, and sells jewelry products in Mainland China. The company offers platinum, diamond, and gold jewelry, as well as silver. It offers its products through Ming brand, as well as online.

Zhejiang Ming Jewelry Co., Ltd. Fundamentals Summary

How do Zhejiang Ming Jewelry's earnings and revenue compare to its market cap?
2574 fundamental statistics
Market capCN¥2.78b
Earnings (TTM)CN¥133.85m
Revenue (TTM)CN¥4.06b

20.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2574 income statement (TTM)
RevenueCN¥4.06b
Cost of RevenueCN¥3.57b
Gross ProfitCN¥497.27m
Other ExpensesCN¥363.42m
EarningsCN¥133.85m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin12.24%
Net Profit Margin3.29%
Debt/Equity Ratio61.7%

How did 2574 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

33%

Payout Ratio
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