View Future GrowthMarssenger Kitchenware 過去の業績過去 基準チェック /06Marssenger Kitchenwareの収益は年間平均-53.8%の割合で減少していますが、 Consumer Durables業界の収益は年間 増加しています。収益は年間4.2% 16.7%割合で 減少しています。主要情報-53.79%収益成長率-54.55%EPS成長率Consumer Durables 業界の成長8.08%収益成長率-16.70%株主資本利益率-28.04%ネット・マージン-38.73%次回の業績アップデート29 Aug 2026最近の業績更新お知らせ • Jul 01Marssenger Kitchenware Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026Reported Earnings • Apr 23Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥0.73 loss per share (down from CN¥0.03 profit in FY 2024). Revenue: CN¥770.5m (down 44% from FY 2024). Net loss: CN¥296.1m (down CN¥307.2m from profit in FY 2024). Revenue missed analyst estimates by 23%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.お知らせ • Mar 31Marssenger Kitchenware Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026お知らせ • Dec 31Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.24 loss per share (vs CN¥0.083 loss in 3Q 2024)Third quarter 2025 results: CN¥0.24 loss per share (further deteriorated from CN¥0.083 loss in 3Q 2024). Revenue: CN¥202.6m (down 36% from 3Q 2024). Net loss: CN¥94.7m (loss widened 265% from 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Marssenger Kitchenware Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025すべての更新を表示Recent updatesお知らせ • Jul 01Marssenger Kitchenware Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jun 29Now 33% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥11.72. The fair value is estimated to be CN¥8.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jun 11Now 29% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥11.38. The fair value is estimated to be CN¥8.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • May 08Now 21% overvaluedOver the last 90 days, the stock has fallen 9.2% to CN¥10.60. The fair value is estimated to be CN¥8.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company became loss making.Price Target Changed • Apr 24Price target increased by 21% to CN¥9.11Up from CN¥7.50, the current price target is an average from 2 analysts. New target price is 9.9% below last closing price of CN¥10.11. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.14 next year compared to a net loss per share of CN¥0.73 last year.Reported Earnings • Apr 23Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥0.73 loss per share (down from CN¥0.03 profit in FY 2024). Revenue: CN¥770.5m (down 44% from FY 2024). Net loss: CN¥296.1m (down CN¥307.2m from profit in FY 2024). Revenue missed analyst estimates by 23%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.お知らせ • Apr 23Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2026Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2026, at 14:00 China Standard Time. Location: No. 366, Xincheng Road, Jianshan New District, Haining, Zhejiang Chinaお知らせ • Mar 31Marssenger Kitchenware Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026お知らせ • Dec 31Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026Price Target Changed • Nov 22Price target decreased by 12% to CN¥10.63Down from CN¥12.05, the current price target is an average from 2 analysts. New target price is 13% below last closing price of CN¥12.21. Stock is down 9.7% over the past year. The company is forecast to post earnings per share of CN¥0.20 for next year compared to CN¥0.03 last year.Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.24 loss per share (vs CN¥0.083 loss in 3Q 2024)Third quarter 2025 results: CN¥0.24 loss per share (further deteriorated from CN¥0.083 loss in 3Q 2024). Revenue: CN¥202.6m (down 36% from 3Q 2024). Net loss: CN¥94.7m (loss widened 265% from 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Marssenger Kitchenware Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Buy Or Sell Opportunity • Aug 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to CN¥14.81. The fair value is estimated to be CN¥12.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Jul 02Marssenger Kitchenware Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Major Estimate Revision • Apr 29Consensus revenue estimates fall by 34%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥1.77b to CN¥1.16b. EPS estimate fell from CN¥0.42 to CN¥0.207 per share. Net income forecast to grow 655% next year vs 24% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥13.25 to CN¥12.05. Share price fell 4.6% to CN¥12.16 over the past week.Price Target Changed • Apr 24Price target decreased by 10% to CN¥12.05Down from CN¥13.40, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥12.62. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.24 for next year compared to CN¥0.03 last year.Reported Earnings • Apr 24Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.03 (down from CN¥0.61 in FY 2023). Revenue: CN¥1.38b (down 36% from FY 2023). Net income: CN¥11.2m (down 96% from FY 2023). Profit margin: 0.8% (down from 12% in FY 2023). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 89%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.お知らせ • Apr 23Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2025Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Haining, Zhejiang ChinaNew Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. High level of non-cash earnings (21% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.5% net profit margin).お知らせ • Mar 31Marssenger Kitchenware Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Mar 11There Are Reasons To Feel Uneasy About Marssenger Kitchenware's (SZSE:300894) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Jan 12What You Can Learn From Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) P/S After Its 28% Share Price CrashMarssenger Kitchenware Co., Ltd. ( SZSE:300894 ) shares have had a horrible month, losing 28% after a relatively good...分析記事 • Dec 31Marssenger Kitchenware (SZSE:300894) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Dec 31Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025分析記事 • Dec 04Marssenger Kitchenware (SZSE:300894) Might Be Having Difficulty Using Its Capital EffectivelyWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...Reported Earnings • Oct 28Third quarter 2024 earnings released: CN¥0.083 loss per share (vs CN¥0.22 profit in 3Q 2023)Third quarter 2024 results: CN¥0.083 loss per share (down from CN¥0.22 profit in 3Q 2023). Revenue: CN¥315.6m (down 42% from 3Q 2023). Net loss: CN¥25.9m (down 130% from profit in 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year whereas the company’s share price has fallen by 34% per year.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥14.22, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Consumer Durables industry in China. Total loss to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.12 per share.分析記事 • Sep 30Investors Appear Satisfied With Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Prospects As Shares Rocket 39%Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) shares have had a really impressive month, gaining 39% after a shaky...お知らせ • Sep 30Marssenger Kitchenware Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥13.75, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.02 per share.分析記事 • Sep 19Is Now The Time To Look At Buying Marssenger Kitchenware Co., Ltd. (SZSE:300894)?While Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) might not have the largest market cap around , it saw...Buy Or Sell Opportunity • Sep 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CN¥11.00. The fair value is estimated to be CN¥13.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 116% in the next 2 years.分析記事 • Sep 02Is Marssenger Kitchenware (SZSE:300894) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Aug 31Price target decreased by 17% to CN¥14.60Down from CN¥17.65, the current price target is an average from 3 analysts. New target price is 28% above last closing price of CN¥11.38. Stock is down 44% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.61 last year.New Risk • Aug 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 159% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (8.4% net profit margin).Buy Or Sell Opportunity • Aug 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to CN¥10.84. The fair value is estimated to be CN¥13.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.分析記事 • Aug 14Estimating The Fair Value Of Marssenger Kitchenware Co., Ltd. (SZSE:300894)Key Insights The projected fair value for Marssenger Kitchenware is CN¥13.98 based on 2 Stage Free Cash Flow to Equity...Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥14.31, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Consumer Durables industry in China. Total loss to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.34 per share.分析記事 • Jul 27Returns On Capital Signal Tricky Times Ahead For Marssenger Kitchenware (SZSE:300894)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...お知らせ • Jun 29Marssenger Kitchenware Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Jun 17Little Excitement Around Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Earnings As Shares Take 28% PoundingThe Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) share price has softened a substantial 28% over the previous 30...分析記事 • Jun 09Is Marssenger Kitchenware Co., Ltd. (SZSE:300894) Potentially Undervalued?While Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) might not have the largest market cap around , it saw a decent...分析記事 • May 24Marssenger Kitchenware's (SZSE:300894) Dividend Will Be CN¥0.60The board of Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) has announced that it will pay a dividend of CN¥0.60 per...Declared Dividend • May 23Dividend of CN¥0.60 announcedShareholders will receive a dividend of CN¥0.60. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 3.4%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio) nor is it covered by cash flows (131% cash payout ratio). The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 61% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.分析記事 • May 21Here's Why Marssenger Kitchenware (SZSE:300894) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥19.27, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Consumer Durables industry in China. Total loss to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.46 per share.分析記事 • May 02Investors Can Find Comfort In Marssenger Kitchenware's (SZSE:300894) Earnings QualityMarssenger Kitchenware Co., Ltd.'s ( SZSE:300894 ) stock was strong despite it releasing a soft earnings report last...分析記事 • Apr 30Marssenger Kitchenware Co., Ltd. (SZSE:300894) Stock Rockets 29% As Investors Are Less Pessimistic Than ExpectedThe Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) share price has done very well over the last month, posting an...分析記事 • Apr 26Analysts Just Shaved Their Marssenger Kitchenware Co., Ltd. (SZSE:300894) Forecasts DramaticallyThe analysts covering Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) delivered a dose of negativity to shareholders...New Risk • Apr 24New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 98% Dividend yield: 3.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 98% Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).分析記事 • Apr 23Marssenger Kitchenware Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowMarssenger Kitchenware Co., Ltd. ( SZSE:300894 ) missed earnings with its latest full-year results, disappointing...お知らせ • Apr 23Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2024Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Haining, Zhejiang ChinaReported Earnings • Apr 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.61 (down from CN¥0.78 in FY 2022). Revenue: CN¥2.14b (down 6.0% from FY 2022). Net income: CN¥247.2m (down 21% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Apr 22Now 24% undervaluedOver the last 90 days, the stock has risen 19% to CN¥16.30. The fair value is estimated to be CN¥21.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 9.2%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (105% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change).Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥16.72, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.14 per share.お知らせ • Mar 30Marssenger Kitchenware Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024分析記事 • Mar 25Are Investors Undervaluing Marssenger Kitchenware Co., Ltd. (SZSE:300894) By 22%?Key Insights Marssenger Kitchenware's estimated fair value is CN¥16.88 based on 2 Stage Free Cash Flow to Equity...Buy Or Sell Opportunity • Mar 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to CN¥13.40. The fair value is estimated to be CN¥16.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 35% in the next 2 years.Price Target Changed • Mar 11Price target decreased by 8.1% to CN¥18.46Down from CN¥20.09, the current price target is an average from 4 analysts. New target price is 37% above last closing price of CN¥13.50. Stock is down 54% over the past year. The company is forecast to post earnings per share of CN¥0.78 for next year compared to CN¥0.78 last year.Buy Or Sell Opportunity • Feb 28Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to CN¥13.11. The fair value is estimated to be CN¥17.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥12.03, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Consumer Durables industry in China. Total loss to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.73 per share.Buy Or Sell Opportunity • Feb 02Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to CN¥12.03. The fair value is estimated to be CN¥15.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.お知らせ • Dec 29Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024お知らせ • Dec 13+ 1 more updateMarssenger Kitchenware Co., Ltd.(SZSE:300894) dropped from Shenzhen Stock Exchange Component A Share IndexMarssenger Kitchenware Co., Ltd. has been removed from Shenzhen Stock Exchange Component A Share Index.Price Target Changed • Nov 07Price target decreased by 13% to CN¥21.89Down from CN¥25.13, the current price target is an average from 3 analysts. New target price is 20% above last closing price of CN¥18.19. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥0.84 for next year compared to CN¥0.78 last year.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.20 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.20 in 3Q 2022). Revenue: CN¥546.9m (down 12% from 3Q 2022). Net income: CN¥86.6m (up 7.7% from 3Q 2022). Profit margin: 16% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China.お知らせ • Sep 30Marssenger Kitchenware Co., Ltd. to Report Q3, 2023 Results on Oct 30, 2023Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023Major Estimate Revision • Sep 04Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.82b to CN¥2.48b. EPS estimate fell from CN¥1.07 to CN¥0.931 per share. Net income forecast to grow 39% next year vs 24% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥29.61 to CN¥25.13. Share price rose 8.4% to CN¥21.21 over the past week.Price Target Changed • Sep 02Price target decreased by 15% to CN¥25.13Down from CN¥29.61, the current price target is an average from 3 analysts. New target price is 23% above last closing price of CN¥20.50. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.78 last year.Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥611.9m (up 6.9% from 2Q 2022). Net income: CN¥87.1m (up 11% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China.Price Target Changed • Aug 22Price target decreased by 12% to CN¥29.61Down from CN¥33.62, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥20.61. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.78 last year.お知らせ • May 20Marssenger Kitchenware Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 25, 2023Marssenger Kitchenware Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 6.00000000 on A shares for the year 2022. Record date is May 24, 2023. Ex-date is May 25, 2023. Payment date is May 25, 2023.お知らせ • May 18Marssenger Kitchenware Co., Ltd. Approves Cash Dividend for the Year 2022Marssenger Kitchenware Co., Ltd. announced that at its Annual General Meeting held on 16 May 2023, approved cash dividend/10 shares (tax included) of CNY 6.00000000 for the year 2022.Reported Earnings • Apr 26Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.78 (down from CN¥0.93 in FY 2021). Revenue: CN¥2.28b (down 1.8% from FY 2021). Net income: CN¥314.5m (down 16% from FY 2021). Profit margin: 14% (down from 16% in FY 2021). Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 5.1%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Durables industry in China.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥30.80, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Consumer Durables industry in China. Total loss to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.70 per share.Board Change • Nov 16High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Non-Independent Director Zecheng Huang is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Major Estimate Revision • Oct 31Consensus revenue estimates fall by 12%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.76b to CN¥2.43b. EPS estimate fell from CN¥1.11 to CN¥0.87 per share. Net income forecast to grow 56% next year vs 41% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥38.72 to CN¥33.62. Share price fell 14% to CN¥21.95 over the past week.Buying Opportunity • Oct 28Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be CN¥28.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 8.7%. Revenue is forecast to grow by 66% in 2 years. Earnings is forecast to grow by 106% in the next 2 years.Price Target Changed • Oct 27Price target decreased to CN¥35.47Down from CN¥38.72, the current price target is an average from 4 analysts. New target price is 55% above last closing price of CN¥22.95. Stock is down 53% over the past year. The company is forecast to post earnings per share of CN¥0.87 for next year compared to CN¥0.93 last year.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.35 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.35 in 3Q 2021). Revenue: CN¥618.2m (down 8.6% from 3Q 2021). Net income: CN¥80.4m (down 40% from 3Q 2021). Profit margin: 13% (down from 20% in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China.お知らせ • Oct 19Marssenger Kitchenware Co., Ltd. Approves Management AppointmentsMarssenger Kitchenware Co., Ltd. announced at the EGM held on October 17, 2022 that the company approved election of Huang Zecheng, Huang Jinbiao, Mao Weiping, Yang Gen, Huang Ankui as non-independent directors; Qian Kai, Tang Li, Sun Weiguo as independent directors and Li Zhi and Tang Rong as non-employee supervisors.お知らせ • Sep 22Marssenger Kitchenware Co., Ltd. Approves Interim Dividend for 2022, Payable on 27 September 2022Marssenger Kitchenware Co., Ltd. at the Extraordinary General Meeting on 16 September 2022, approved Cash dividend per 10 shares (tax included) of CNY 3.00000000 for interim 2022. Record date is 26 September 2022. Ex-date is 27 September 2022. Payment date is 27 September 2022.Major Estimate Revision • Sep 04Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥3.09b to CN¥2.79b. EPS estimate also fell from CN¥1.25 per share to CN¥1.12 per share. Net income forecast to grow 47% next year vs 35% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥44.50 to CN¥40.24. Share price rose 3.9% to CN¥30.24 over the past week.お知らせ • Aug 30Marssenger Kitchenware Co., Ltd. Announces Cash Profit Distribution Proposal for the First Half of 2022Marssenger Kitchenware Co., Ltd. announced on 29 August 2022 the profit distribution proposal for the first half of 2022 Cash dividend/10 shares (tax included): CNY3.00000000.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.23 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.23 in 2Q 2021). Revenue: CN¥572.6m (flat on 2Q 2021). Net income: CN¥78.4m (down 18% from 2Q 2021). Profit margin: 14% (down from 17% in 2Q 2021). Over the next year, revenue is forecast to grow 46%, compared to a 14% growth forecast for the Consumer Durables industry in China.Buying Opportunity • Jul 12Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be CN¥44.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last year. Earnings per share has grown by 3.7%. Revenue is forecast to grow by 73% in 2 years. Earnings is forecast to grow by 83% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥33.51, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 46% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥42.52 per share.お知らせ • May 13Marssenger Kitchenware Co., Ltd. Approves Cash Dividend for the Year 2021Marssenger Kitchenware Co., Ltd. approved cash dividend (tax included) of CNY 3.00 per 10 shares for the year 2021 at its AGM held on 10 May 2022.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥450.7m (up 29% from 1Q 2021). Net income: CN¥60.1m (up 36% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 37%, compared to a 14% growth forecast for the industry in China.お知らせ • Apr 16+ 1 more updateMarssenger Kitchenware Co., Ltd. Announces Profit Distribution Proposal for 2021Marssenger Kitchenware Co., Ltd. announced on 15 April 2022 Cash dividend/10 shares (tax included) of CNY 3.00000000 for 2021.Reported Earnings • Apr 16Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.93 (up from CN¥0.76 in FY 2020). Revenue: CN¥2.32b (up 44% from FY 2020). Net income: CN¥375.7m (up 37% from FY 2020). Profit margin: 16% (in line with FY 2020). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 34%, compared to a 14% growth forecast for the industry in China.Price Target Changed • Mar 23Price target decreased to CN¥50.20Down from CN¥57.96, the current price target is an average from 7 analysts. New target price is 48% above last closing price of CN¥33.91. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.76 last year.Buying Opportunity • Jan 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.5%. The fair value is estimated to be CN¥56.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last year. Earnings per share has grown by 36% over the last year.収支内訳Marssenger Kitchenware の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SZSE:300894 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 26762-2954797131 Dec 25771-2964908130 Sep 25940-2224999230 Jun 251,053-15350210031 Mar 251,190-8050310631 Dec 241,3761150210730 Sep 241,5824053510330 Jun 241,81315256310831 Mar 242,07623559311531 Dec 232,13924761911530 Sep 232,20631862111730 Jun 232,27731263511431 Mar 232,23830362210701 Jan 232,27731562610730 Sep 222,36232163610130 Jun 222,4203756089331 Mar 222,4213926268201 Jan 222,3193766067430 Sep 212,2073935917330 Jun 212,0233645736731 Mar 211,8383285056331 Dec 201,6142754675831 Dec 191,3262403744531 Dec 18956923424031 Dec 177001631482531 Dec 1634757101031 Dec 1518817610質の高い収益: 300894は現在利益が出ていません。利益率の向上: 300894は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 300894は利益が出ておらず、過去 5 年間で損失は年間53.8%の割合で増加しています。成長の加速: 300894の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 300894は利益が出ていないため、過去 1 年間の収益成長をConsumer Durables業界 ( -11.7% ) と比較することは困難です。株主資本利益率高いROE: 300894は現在利益が出ていないため、自己資本利益率 ( -28.04% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-durables 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/19 08:25終値2026/07/17 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Marssenger Kitchenware Co., Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Wei HeChina International Capital Corporation LimitedYifei WeiChina International Capital Corporation LimitedYawei TangChina International Capital Corporation Limited5 その他のアナリストを表示
お知らせ • Jul 01Marssenger Kitchenware Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
Reported Earnings • Apr 23Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥0.73 loss per share (down from CN¥0.03 profit in FY 2024). Revenue: CN¥770.5m (down 44% from FY 2024). Net loss: CN¥296.1m (down CN¥307.2m from profit in FY 2024). Revenue missed analyst estimates by 23%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 31Marssenger Kitchenware Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
お知らせ • Dec 31Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.24 loss per share (vs CN¥0.083 loss in 3Q 2024)Third quarter 2025 results: CN¥0.24 loss per share (further deteriorated from CN¥0.083 loss in 3Q 2024). Revenue: CN¥202.6m (down 36% from 3Q 2024). Net loss: CN¥94.7m (loss widened 265% from 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Marssenger Kitchenware Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
お知らせ • Jul 01Marssenger Kitchenware Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jun 29Now 33% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥11.72. The fair value is estimated to be CN¥8.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jun 11Now 29% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥11.38. The fair value is estimated to be CN¥8.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • May 08Now 21% overvaluedOver the last 90 days, the stock has fallen 9.2% to CN¥10.60. The fair value is estimated to be CN¥8.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 38% over the last 3 years. Meanwhile, the company became loss making.
Price Target Changed • Apr 24Price target increased by 21% to CN¥9.11Up from CN¥7.50, the current price target is an average from 2 analysts. New target price is 9.9% below last closing price of CN¥10.11. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.14 next year compared to a net loss per share of CN¥0.73 last year.
Reported Earnings • Apr 23Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥0.73 loss per share (down from CN¥0.03 profit in FY 2024). Revenue: CN¥770.5m (down 44% from FY 2024). Net loss: CN¥296.1m (down CN¥307.2m from profit in FY 2024). Revenue missed analyst estimates by 23%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 23Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2026Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2026, at 14:00 China Standard Time. Location: No. 366, Xincheng Road, Jianshan New District, Haining, Zhejiang China
お知らせ • Mar 31Marssenger Kitchenware Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
お知らせ • Dec 31Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
Price Target Changed • Nov 22Price target decreased by 12% to CN¥10.63Down from CN¥12.05, the current price target is an average from 2 analysts. New target price is 13% below last closing price of CN¥12.21. Stock is down 9.7% over the past year. The company is forecast to post earnings per share of CN¥0.20 for next year compared to CN¥0.03 last year.
Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.24 loss per share (vs CN¥0.083 loss in 3Q 2024)Third quarter 2025 results: CN¥0.24 loss per share (further deteriorated from CN¥0.083 loss in 3Q 2024). Revenue: CN¥202.6m (down 36% from 3Q 2024). Net loss: CN¥94.7m (loss widened 265% from 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Marssenger Kitchenware Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Buy Or Sell Opportunity • Aug 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to CN¥14.81. The fair value is estimated to be CN¥12.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Jul 02Marssenger Kitchenware Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Major Estimate Revision • Apr 29Consensus revenue estimates fall by 34%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥1.77b to CN¥1.16b. EPS estimate fell from CN¥0.42 to CN¥0.207 per share. Net income forecast to grow 655% next year vs 24% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥13.25 to CN¥12.05. Share price fell 4.6% to CN¥12.16 over the past week.
Price Target Changed • Apr 24Price target decreased by 10% to CN¥12.05Down from CN¥13.40, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥12.62. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.24 for next year compared to CN¥0.03 last year.
Reported Earnings • Apr 24Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.03 (down from CN¥0.61 in FY 2023). Revenue: CN¥1.38b (down 36% from FY 2023). Net income: CN¥11.2m (down 96% from FY 2023). Profit margin: 0.8% (down from 12% in FY 2023). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 89%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 23Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2025Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Haining, Zhejiang China
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. High level of non-cash earnings (21% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.5% net profit margin).
お知らせ • Mar 31Marssenger Kitchenware Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Mar 11There Are Reasons To Feel Uneasy About Marssenger Kitchenware's (SZSE:300894) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Jan 12What You Can Learn From Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) P/S After Its 28% Share Price CrashMarssenger Kitchenware Co., Ltd. ( SZSE:300894 ) shares have had a horrible month, losing 28% after a relatively good...
分析記事 • Dec 31Marssenger Kitchenware (SZSE:300894) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Dec 31Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025
分析記事 • Dec 04Marssenger Kitchenware (SZSE:300894) Might Be Having Difficulty Using Its Capital EffectivelyWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Reported Earnings • Oct 28Third quarter 2024 earnings released: CN¥0.083 loss per share (vs CN¥0.22 profit in 3Q 2023)Third quarter 2024 results: CN¥0.083 loss per share (down from CN¥0.22 profit in 3Q 2023). Revenue: CN¥315.6m (down 42% from 3Q 2023). Net loss: CN¥25.9m (down 130% from profit in 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year whereas the company’s share price has fallen by 34% per year.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥14.22, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Consumer Durables industry in China. Total loss to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.12 per share.
分析記事 • Sep 30Investors Appear Satisfied With Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Prospects As Shares Rocket 39%Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) shares have had a really impressive month, gaining 39% after a shaky...
お知らせ • Sep 30Marssenger Kitchenware Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥13.75, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.02 per share.
分析記事 • Sep 19Is Now The Time To Look At Buying Marssenger Kitchenware Co., Ltd. (SZSE:300894)?While Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) might not have the largest market cap around , it saw...
Buy Or Sell Opportunity • Sep 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CN¥11.00. The fair value is estimated to be CN¥13.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 116% in the next 2 years.
分析記事 • Sep 02Is Marssenger Kitchenware (SZSE:300894) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Aug 31Price target decreased by 17% to CN¥14.60Down from CN¥17.65, the current price target is an average from 3 analysts. New target price is 28% above last closing price of CN¥11.38. Stock is down 44% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.61 last year.
New Risk • Aug 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 159% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (8.4% net profit margin).
Buy Or Sell Opportunity • Aug 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to CN¥10.84. The fair value is estimated to be CN¥13.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.
分析記事 • Aug 14Estimating The Fair Value Of Marssenger Kitchenware Co., Ltd. (SZSE:300894)Key Insights The projected fair value for Marssenger Kitchenware is CN¥13.98 based on 2 Stage Free Cash Flow to Equity...
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥14.31, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Consumer Durables industry in China. Total loss to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.34 per share.
分析記事 • Jul 27Returns On Capital Signal Tricky Times Ahead For Marssenger Kitchenware (SZSE:300894)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
お知らせ • Jun 29Marssenger Kitchenware Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Jun 17Little Excitement Around Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Earnings As Shares Take 28% PoundingThe Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) share price has softened a substantial 28% over the previous 30...
分析記事 • Jun 09Is Marssenger Kitchenware Co., Ltd. (SZSE:300894) Potentially Undervalued?While Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) might not have the largest market cap around , it saw a decent...
分析記事 • May 24Marssenger Kitchenware's (SZSE:300894) Dividend Will Be CN¥0.60The board of Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) has announced that it will pay a dividend of CN¥0.60 per...
Declared Dividend • May 23Dividend of CN¥0.60 announcedShareholders will receive a dividend of CN¥0.60. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 3.4%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio) nor is it covered by cash flows (131% cash payout ratio). The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 61% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
分析記事 • May 21Here's Why Marssenger Kitchenware (SZSE:300894) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥19.27, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Consumer Durables industry in China. Total loss to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.46 per share.
分析記事 • May 02Investors Can Find Comfort In Marssenger Kitchenware's (SZSE:300894) Earnings QualityMarssenger Kitchenware Co., Ltd.'s ( SZSE:300894 ) stock was strong despite it releasing a soft earnings report last...
分析記事 • Apr 30Marssenger Kitchenware Co., Ltd. (SZSE:300894) Stock Rockets 29% As Investors Are Less Pessimistic Than ExpectedThe Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) share price has done very well over the last month, posting an...
分析記事 • Apr 26Analysts Just Shaved Their Marssenger Kitchenware Co., Ltd. (SZSE:300894) Forecasts DramaticallyThe analysts covering Marssenger Kitchenware Co., Ltd. ( SZSE:300894 ) delivered a dose of negativity to shareholders...
New Risk • Apr 24New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 98% Dividend yield: 3.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 98% Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
分析記事 • Apr 23Marssenger Kitchenware Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowMarssenger Kitchenware Co., Ltd. ( SZSE:300894 ) missed earnings with its latest full-year results, disappointing...
お知らせ • Apr 23Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2024Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Haining, Zhejiang China
Reported Earnings • Apr 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.61 (down from CN¥0.78 in FY 2022). Revenue: CN¥2.14b (down 6.0% from FY 2022). Net income: CN¥247.2m (down 21% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Apr 22Now 24% undervaluedOver the last 90 days, the stock has risen 19% to CN¥16.30. The fair value is estimated to be CN¥21.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 9.2%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.
New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (105% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change).
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥16.72, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.14 per share.
お知らせ • Mar 30Marssenger Kitchenware Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
分析記事 • Mar 25Are Investors Undervaluing Marssenger Kitchenware Co., Ltd. (SZSE:300894) By 22%?Key Insights Marssenger Kitchenware's estimated fair value is CN¥16.88 based on 2 Stage Free Cash Flow to Equity...
Buy Or Sell Opportunity • Mar 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to CN¥13.40. The fair value is estimated to be CN¥16.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 35% in the next 2 years.
Price Target Changed • Mar 11Price target decreased by 8.1% to CN¥18.46Down from CN¥20.09, the current price target is an average from 4 analysts. New target price is 37% above last closing price of CN¥13.50. Stock is down 54% over the past year. The company is forecast to post earnings per share of CN¥0.78 for next year compared to CN¥0.78 last year.
Buy Or Sell Opportunity • Feb 28Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to CN¥13.11. The fair value is estimated to be CN¥17.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥12.03, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Consumer Durables industry in China. Total loss to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.73 per share.
Buy Or Sell Opportunity • Feb 02Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to CN¥12.03. The fair value is estimated to be CN¥15.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
お知らせ • Dec 29Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024
お知らせ • Dec 13+ 1 more updateMarssenger Kitchenware Co., Ltd.(SZSE:300894) dropped from Shenzhen Stock Exchange Component A Share IndexMarssenger Kitchenware Co., Ltd. has been removed from Shenzhen Stock Exchange Component A Share Index.
Price Target Changed • Nov 07Price target decreased by 13% to CN¥21.89Down from CN¥25.13, the current price target is an average from 3 analysts. New target price is 20% above last closing price of CN¥18.19. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥0.84 for next year compared to CN¥0.78 last year.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.20 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.20 in 3Q 2022). Revenue: CN¥546.9m (down 12% from 3Q 2022). Net income: CN¥86.6m (up 7.7% from 3Q 2022). Profit margin: 16% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China.
お知らせ • Sep 30Marssenger Kitchenware Co., Ltd. to Report Q3, 2023 Results on Oct 30, 2023Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023
Major Estimate Revision • Sep 04Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.82b to CN¥2.48b. EPS estimate fell from CN¥1.07 to CN¥0.931 per share. Net income forecast to grow 39% next year vs 24% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥29.61 to CN¥25.13. Share price rose 8.4% to CN¥21.21 over the past week.
Price Target Changed • Sep 02Price target decreased by 15% to CN¥25.13Down from CN¥29.61, the current price target is an average from 3 analysts. New target price is 23% above last closing price of CN¥20.50. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.78 last year.
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥611.9m (up 6.9% from 2Q 2022). Net income: CN¥87.1m (up 11% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China.
Price Target Changed • Aug 22Price target decreased by 12% to CN¥29.61Down from CN¥33.62, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥20.61. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.78 last year.
お知らせ • May 20Marssenger Kitchenware Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 25, 2023Marssenger Kitchenware Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 6.00000000 on A shares for the year 2022. Record date is May 24, 2023. Ex-date is May 25, 2023. Payment date is May 25, 2023.
お知らせ • May 18Marssenger Kitchenware Co., Ltd. Approves Cash Dividend for the Year 2022Marssenger Kitchenware Co., Ltd. announced that at its Annual General Meeting held on 16 May 2023, approved cash dividend/10 shares (tax included) of CNY 6.00000000 for the year 2022.
Reported Earnings • Apr 26Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.78 (down from CN¥0.93 in FY 2021). Revenue: CN¥2.28b (down 1.8% from FY 2021). Net income: CN¥314.5m (down 16% from FY 2021). Profit margin: 14% (down from 16% in FY 2021). Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 5.1%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Durables industry in China.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥30.80, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Consumer Durables industry in China. Total loss to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.70 per share.
Board Change • Nov 16High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Non-Independent Director Zecheng Huang is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Major Estimate Revision • Oct 31Consensus revenue estimates fall by 12%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.76b to CN¥2.43b. EPS estimate fell from CN¥1.11 to CN¥0.87 per share. Net income forecast to grow 56% next year vs 41% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥38.72 to CN¥33.62. Share price fell 14% to CN¥21.95 over the past week.
Buying Opportunity • Oct 28Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be CN¥28.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 8.7%. Revenue is forecast to grow by 66% in 2 years. Earnings is forecast to grow by 106% in the next 2 years.
Price Target Changed • Oct 27Price target decreased to CN¥35.47Down from CN¥38.72, the current price target is an average from 4 analysts. New target price is 55% above last closing price of CN¥22.95. Stock is down 53% over the past year. The company is forecast to post earnings per share of CN¥0.87 for next year compared to CN¥0.93 last year.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.35 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.35 in 3Q 2021). Revenue: CN¥618.2m (down 8.6% from 3Q 2021). Net income: CN¥80.4m (down 40% from 3Q 2021). Profit margin: 13% (down from 20% in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China.
お知らせ • Oct 19Marssenger Kitchenware Co., Ltd. Approves Management AppointmentsMarssenger Kitchenware Co., Ltd. announced at the EGM held on October 17, 2022 that the company approved election of Huang Zecheng, Huang Jinbiao, Mao Weiping, Yang Gen, Huang Ankui as non-independent directors; Qian Kai, Tang Li, Sun Weiguo as independent directors and Li Zhi and Tang Rong as non-employee supervisors.
お知らせ • Sep 22Marssenger Kitchenware Co., Ltd. Approves Interim Dividend for 2022, Payable on 27 September 2022Marssenger Kitchenware Co., Ltd. at the Extraordinary General Meeting on 16 September 2022, approved Cash dividend per 10 shares (tax included) of CNY 3.00000000 for interim 2022. Record date is 26 September 2022. Ex-date is 27 September 2022. Payment date is 27 September 2022.
Major Estimate Revision • Sep 04Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥3.09b to CN¥2.79b. EPS estimate also fell from CN¥1.25 per share to CN¥1.12 per share. Net income forecast to grow 47% next year vs 35% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥44.50 to CN¥40.24. Share price rose 3.9% to CN¥30.24 over the past week.
お知らせ • Aug 30Marssenger Kitchenware Co., Ltd. Announces Cash Profit Distribution Proposal for the First Half of 2022Marssenger Kitchenware Co., Ltd. announced on 29 August 2022 the profit distribution proposal for the first half of 2022 Cash dividend/10 shares (tax included): CNY3.00000000.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.23 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.23 in 2Q 2021). Revenue: CN¥572.6m (flat on 2Q 2021). Net income: CN¥78.4m (down 18% from 2Q 2021). Profit margin: 14% (down from 17% in 2Q 2021). Over the next year, revenue is forecast to grow 46%, compared to a 14% growth forecast for the Consumer Durables industry in China.
Buying Opportunity • Jul 12Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be CN¥44.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last year. Earnings per share has grown by 3.7%. Revenue is forecast to grow by 73% in 2 years. Earnings is forecast to grow by 83% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥33.51, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 46% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥42.52 per share.
お知らせ • May 13Marssenger Kitchenware Co., Ltd. Approves Cash Dividend for the Year 2021Marssenger Kitchenware Co., Ltd. approved cash dividend (tax included) of CNY 3.00 per 10 shares for the year 2021 at its AGM held on 10 May 2022.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥450.7m (up 29% from 1Q 2021). Net income: CN¥60.1m (up 36% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 37%, compared to a 14% growth forecast for the industry in China.
お知らせ • Apr 16+ 1 more updateMarssenger Kitchenware Co., Ltd. Announces Profit Distribution Proposal for 2021Marssenger Kitchenware Co., Ltd. announced on 15 April 2022 Cash dividend/10 shares (tax included) of CNY 3.00000000 for 2021.
Reported Earnings • Apr 16Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.93 (up from CN¥0.76 in FY 2020). Revenue: CN¥2.32b (up 44% from FY 2020). Net income: CN¥375.7m (up 37% from FY 2020). Profit margin: 16% (in line with FY 2020). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 34%, compared to a 14% growth forecast for the industry in China.
Price Target Changed • Mar 23Price target decreased to CN¥50.20Down from CN¥57.96, the current price target is an average from 7 analysts. New target price is 48% above last closing price of CN¥33.91. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.76 last year.
Buying Opportunity • Jan 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.5%. The fair value is estimated to be CN¥56.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last year. Earnings per share has grown by 36% over the last year.