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Zhejiang Ming Jewelry SZSE:002574 Stock Report

Last Price

CN¥5.20

Market Cap

CN¥2.7b

7D

-6.1%

1Y

-9.9%

Updated

21 Dec, 2024

Data

Company Financials

Zhejiang Ming Jewelry Co., Ltd.

SZSE:002574 Stock Report

Market Cap: CN¥2.7b

002574 Stock Overview

Engages in the research, development, design, production, and sale of jewelry products primarily in Mainland China. More details

002574 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Zhejiang Ming Jewelry Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Ming Jewelry
Historical stock prices
Current Share PriceCN¥5.20
52 Week HighCN¥6.84
52 Week LowCN¥3.73
Beta0.17
1 Month Change2.97%
3 Month Change30.65%
1 Year Change-9.88%
3 Year Change10.40%
5 Year Change2.36%
Change since IPO-68.03%

Recent News & Updates

Zhejiang Ming Jewelry's (SZSE:002574) Performance Raises Some Questions

Nov 02
Zhejiang Ming Jewelry's (SZSE:002574) Performance Raises Some Questions

Recent updates

Zhejiang Ming Jewelry's (SZSE:002574) Performance Raises Some Questions

Nov 02
Zhejiang Ming Jewelry's (SZSE:002574) Performance Raises Some Questions

Zhejiang Ming Jewelry (SZSE:002574) May Have Issues Allocating Its Capital

Jun 07
Zhejiang Ming Jewelry (SZSE:002574) May Have Issues Allocating Its Capital

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

002574CN LuxuryCN Market
7D-6.1%-3.0%-1.2%
1Y-9.9%6.5%11.8%

Return vs Industry: 002574 underperformed the CN Luxury industry which returned 6.5% over the past year.

Return vs Market: 002574 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 002574's price volatile compared to industry and market?
002574 volatility
002574 Average Weekly Movement5.9%
Luxury Industry Average Movement7.7%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002574 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002574's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19871,806Haohua Yuwww.mingr.com/nmingr-mingr/#/index

Zhejiang Ming Jewelry Co., Ltd. engages in the research, development, design, production, and sale of jewelry products primarily 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?
002574 fundamental statistics
Market capCN¥2.75b
Earnings (TTM)CN¥56.49m
Revenue (TTM)CN¥4.23b

48.6x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002574 income statement (TTM)
RevenueCN¥4.23b
Cost of RevenueCN¥3.81b
Gross ProfitCN¥421.52m
Other ExpensesCN¥365.03m
EarningsCN¥56.49m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin9.97%
Net Profit Margin1.34%
Debt/Equity Ratio57.5%

How did 002574 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

126%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Ming Jewelry Co., Ltd. is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hui ChenBohai Securities Co., Ltd.
Xuejing SuChangjiang Securities Co. LTD.
Haiyan GuoChina International Capital Corporation Limited