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LJ International Inc.

 
Hoover's Company Profiles:

LJ International Inc.

(NASDAQ:JADE)
Contact Information
LJ International Inc.
Unit #12, 12/F, Block A, Focal Industrial Centre, 21 Man Lok St., Hung Hom
Kowloon, Hong Kong
Tel. +852-2764-3622
Fax +852-2764-3783

Type: Public
On the web: http://www.ljintl.com
Employees: 2,600
Employee growth: 0.0%

LJ International makes gold, platinum, and sterling silver jewelry set with diamonds and colorful precious and semiprecious stones at its plant in Shenzhen, China. The company markets its jewelry primarily under the Lorenzo brand name to retailers in Europe and North America. LJ International offers loose gemstones and finished jewelry (about 50,000 styles of earrings, necklaces, pendants, rings, and bracelets). It sells jewelry through fine jewelers, discount chains, department stores, home-shopping channels, and in some 200 of its ENZO retail stores in China, Hong Kong, and Macau. LJ International plans to eventually spin off ENZO and sell a nearly 30% stake to private investors for about $40 million.

Key numbers for fiscal year ending December, 2010:
Sales: $140.5M
One year growth: 27.2%
Net income: $13.0M
Income growth: 252.2%

Officers:
Chairman, President, and CEO: Yu Chuan Yih
CFO and Director: Hon Tak Ringo Ng
SVP Sales and Marketing: Danie Tangchai

Competitors:
Bulgari
Chow Sang Sang
Pranda Jewelry

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