View ValuationVatti 향후 성장Future 기준 점검 1/6Vatti (는) 각각 연간 11.9% 및 3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 9.3% 로 예상됩니다.핵심 정보11.9%이익 성장률11.34%EPS 성장률Consumer Durables 이익 성장16.9%매출 성장률3.0%향후 자기자본이익률9.26%애널리스트 커버리지Low마지막 업데이트27 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesDeclared Dividend • Jun 15Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 28Vatti Corporation Limited, Annual General Meeting, May 19, 2026Vatti Corporation Limited, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhongshan, Guangdong China공시 • Mar 31Vatti Corporation Limited to Report Q1, 2026 Results on Apr 28, 2026Vatti Corporation Limited announced that they will report Q1, 2026 results on Apr 28, 2026공시 • Dec 31Vatti Corporation Limited to Report Fiscal Year 2025 Results on Apr 28, 2026Vatti Corporation Limited announced that they will report fiscal year 2025 results on Apr 28, 2026공시 • Sep 30Vatti Corporation Limited to Report Q3, 2025 Results on Oct 28, 2025Vatti Corporation Limited announced that they will report Q3, 2025 results on Oct 28, 2025공시 • Jul 02Vatti Corporation Limited to Report First Half, 2025 Results on Aug 30, 2025Vatti Corporation Limited announced that they will report first half, 2025 results on Aug 30, 2025공시 • Apr 29Vatti Corporation Limited, Annual General Meeting, May 20, 2025Vatti Corporation Limited, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.공시 • Mar 31Vatti Corporation Limited to Report Q1, 2025 Results on Apr 29, 2025Vatti Corporation Limited announced that they will report Q1, 2025 results on Apr 29, 2025공시 • Dec 31Vatti Corporation Limited to Report Fiscal Year 2024 Results on Apr 29, 2025Vatti Corporation Limited announced that they will report fiscal year 2024 results on Apr 29, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.12 in 3Q 2023). Revenue: CN¥1.47b (down 4.9% from 3Q 2023). Net income: CN¥104.2m (up 5.7% from 3Q 2023). Profit margin: 7.1% (up from 6.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥7.99, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Consumer Durables industry in China. Total returns to shareholders of 28% over the past three years.공시 • Sep 30Vatti Corporation Limited to Report Q3, 2024 Results on Oct 31, 2024Vatti Corporation Limited announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥6.61, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Consumer Durables industry in China. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.22 per share.공시 • Jun 29Vatti Corporation Limited to Report First Half, 2024 Results on Aug 30, 2024Vatti Corporation Limited announced that they will report first half, 2024 results on Aug 30, 2024Declared Dividend • Jun 22Dividend increased to CN¥0.30Dividend of CN¥0.30 is 200% higher than last year. Ex-date: 26th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 28Vatti Corporation Limited, Annual General Meeting, May 16, 2024Vatti Corporation Limited, Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhongshan, Guangdong China Agenda: To consider the 2023 annual report and its summary; to consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual accounts report; to consider the 2024 financial budget report; to consider the 2023 profit distribution plan; to consider the adjustment of the quota of idle proprietary funds for entrusted wealth management; to consider the 2024 remuneration plan for directors; and to consider the 2024 remuneration plan for supervisors.공시 • Apr 27Vatti Corporation Limited Proposes Final Cash Dividend for the Year 2023Vatti Corporation Limited proposed final cash dividend/10 shares (tax included) is CNY 3.0000000 for the year 2023.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.11 in 1Q 2023). Revenue: CN¥1.38b (up 16% from 1Q 2023). Net income: CN¥124.1m (up 35% from 1Q 2023). Profit margin: 9.0% (up from 7.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year.공시 • Mar 30Vatti Corporation Limited to Report Q1, 2024 Results on Apr 26, 2024Vatti Corporation Limited announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥4.95, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Consumer Durables industry in China. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.37 per share.공시 • Dec 29Vatti Corporation Limited to Report Fiscal Year 2023 Results on Apr 26, 2024Vatti Corporation Limited announced that they will report fiscal year 2023 results on Apr 26, 2024공시 • Dec 07Vatti Corporation Limited (SZSE:002035) announces an Equity Buyback for CNY 200 million worth of its shares.Vatti Corporation Limited (SZSE:002035) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The plan will be valid for 12 months.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.046 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.046 in 3Q 2022). Revenue: CN¥1.55b (up 6.6% from 3Q 2022). Net income: CN¥98.6m (up 152% from 3Q 2022). Profit margin: 6.4% (up from 2.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥1.68b (flat on 2Q 2022). Net income: CN¥168.9m (up 4.3% from 2Q 2022). Profit margin: 10.0% (in line with 2Q 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% 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 19% per year, which means it has not declined as severely as earnings.공시 • May 23Vatti Corporation Limited Approves Cash Dividend for the Year 2022Vatti Corporation Limited approved cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2022, at its Annual General Meeting of 2022 on 19 May 2023.공시 • May 06+ 1 more updateVatti Corporation Limited, Annual General Meeting, May 19, 2023Vatti Corporation Limited, Annual General Meeting, May 19, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 annual report and its summary; to 2022 work report of the board of directors; to 2022 work report of the supervisory committee; to 2022 annual accounts; to 2023 financial budget report; to 2022 profit distribution plan; and to Adjustment of bank comprehensive credit line.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.094 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.094 in 1Q 2022). Revenue: CN¥1.19b (up 6.2% from 1Q 2022). Net income: CN¥92.2m (up 16% from 1Q 2022). Profit margin: 7.7% (up from 7.1% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.45, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Consumer Durables industry in China. Total loss to shareholders of 24% over the past three years.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.046 (vs CN¥0.045 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.046 (up from CN¥0.045 in 3Q 2021). Revenue: CN¥1.46b (up 12% from 3Q 2021). Net income: CN¥39.2m (up 2.4% from 3Q 2021). Profit margin: 2.7% (down from 2.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.19 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (vs CN¥0.19 in 2Q 2021). Revenue: CN¥1.68b (up 4.4% from 2Q 2021). Net income: CN¥161.9m (flat on 2Q 2021). Profit margin: 9.6% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 30Full year 2021 earnings released: EPS: CN¥0.24 (vs CN¥0.47 in FY 2020)Full year 2021 results: EPS: CN¥0.24 (down from CN¥0.47 in FY 2020). Revenue: CN¥5.59b (up 28% from FY 2020). Net income: CN¥207.3m (down 49% from FY 2020). Profit margin: 3.7% (down from 9.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.7%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 28% per year.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Non Independent Director Jianhui Yang was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.044 (vs CN¥0.13 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CN¥1.31b (flat on 3Q 2020). Net income: CN¥38.3m (down 65% from 3Q 2020). Profit margin: 2.9% (down from 8.3% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year.Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.14 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.61b (up 65% from 2Q 2020). Net income: CN¥161.9m (up 37% from 2Q 2020). Profit margin: 10% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 17% per year.Reported Earnings • May 01First quarter 2021 earnings released: EPS CN¥0.089 (vs CN¥0.053 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.05b (up 52% from 1Q 2020). Net income: CN¥77.4m (up 67% from 1Q 2020). Profit margin: 7.4% (up from 6.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Jan 28New 90-day low: CN¥7.80The company is down 13% from its price of CN¥8.94 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.28 per share.Is New 90 Day High Low • Jan 11New 90-day low: CN¥8.10The company is down 19% from its price of CN¥9.99 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.29 per share.Is New 90 Day High Low • Dec 24New 90-day low: CN¥8.93The company is down 10.0% from its price of CN¥9.88 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.04 per share.Analyst Estimate Surprise Post Earnings • Oct 30Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 10% at CN¥1.31b. Revenue is forecast to grow 22% over the next year, compared to a 16% growth forecast for the Consumer Durables industry in China.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥503.3m, down 33% from the prior year. Total revenue was CN¥4.45b over the last 12 months, down 22% from the prior year.Is New 90 Day High Low • Oct 23New 90-day low: CN¥9.48The company is down 9.0% from its price of CN¥10.40 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.74 per share.Is New 90 Day High Low • Sep 25New 90-day low: CN¥9.88The company is down 3.0% from its price of CN¥10.21 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.57 per share.이익 및 매출 성장 예측XSEC:002035 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20286,065420N/A574312/31/20275,908393N/A505412/31/20265,742363N/A10143/31/20265,574296-10482N/A12/31/20255,648301294536N/A9/30/20255,954437295560N/A6/30/20256,071457273581N/A3/31/20256,250467294594N/A12/31/20246,372485394632N/A9/30/20246,377491574780N/A6/30/20246,454486832991N/A3/31/20246,4194791,2221,352N/A12/31/20236,2334478821,149N/A9/30/20235,9902228511,141N/A6/30/20235,895163396692N/A3/31/20235,889156134458N/A1/1/20235,819143174395N/A9/30/20225,882210-47188N/A6/30/20225,732209243484N/A3/31/20225,661209219490N/A1/1/20225,588207199466N/A9/30/20215,353413314564N/A6/30/20215,352483130364N/A3/31/20214,721439-10385N/A12/31/20204,360408-303-103N/A9/30/20204,446503-418-164N/A6/30/20204,485517-166117N/A3/31/20205,10866257345N/A12/31/20195,748748N/A779N/A9/30/20195,724752N/A931N/A6/30/20195,851729N/A794N/A3/31/20196,002694N/A719N/A12/31/20186,095677N/A629N/A9/30/20186,293640N/A462N/A6/30/20186,197616N/A370N/A3/31/20185,999548N/A549N/A12/31/20175,731510N/A369N/A9/30/20175,360438N/A478N/A6/30/20175,026409N/A640N/A3/31/20174,675357N/A754N/A12/31/20164,395328N/A818N/A9/30/20164,205276N/A648N/A6/30/20164,031251N/A507N/A3/31/20163,828219N/A299N/A12/31/20153,720208N/A270N/A9/30/20153,866212N/A227N/A6/30/20154,006271N/A317N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 002035 의 연간 예상 수익 증가율(11.9%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 002035 의 연간 수익(11.9%)이 CN 시장(28%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 002035 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 002035 의 수익(연간 3%)이 CN 시장(연간 17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 002035 의 수익(연간 3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 002035의 자본 수익률은 3년 후 9.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/29 17:03종가2026/06/29 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Vatti Corporation Limited는 12명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yawei TangChina International Capital Corporation LimitedQinyi ZhangChina International Capital Corporation LimitedYizhen LiCitic Securities Co., Ltd.9명의 분석가 더 보기
Declared Dividend • Jun 15Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 28Vatti Corporation Limited, Annual General Meeting, May 19, 2026Vatti Corporation Limited, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhongshan, Guangdong China
공시 • Mar 31Vatti Corporation Limited to Report Q1, 2026 Results on Apr 28, 2026Vatti Corporation Limited announced that they will report Q1, 2026 results on Apr 28, 2026
공시 • Dec 31Vatti Corporation Limited to Report Fiscal Year 2025 Results on Apr 28, 2026Vatti Corporation Limited announced that they will report fiscal year 2025 results on Apr 28, 2026
공시 • Sep 30Vatti Corporation Limited to Report Q3, 2025 Results on Oct 28, 2025Vatti Corporation Limited announced that they will report Q3, 2025 results on Oct 28, 2025
공시 • Jul 02Vatti Corporation Limited to Report First Half, 2025 Results on Aug 30, 2025Vatti Corporation Limited announced that they will report first half, 2025 results on Aug 30, 2025
공시 • Apr 29Vatti Corporation Limited, Annual General Meeting, May 20, 2025Vatti Corporation Limited, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.
공시 • Mar 31Vatti Corporation Limited to Report Q1, 2025 Results on Apr 29, 2025Vatti Corporation Limited announced that they will report Q1, 2025 results on Apr 29, 2025
공시 • Dec 31Vatti Corporation Limited to Report Fiscal Year 2024 Results on Apr 29, 2025Vatti Corporation Limited announced that they will report fiscal year 2024 results on Apr 29, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.12 in 3Q 2023). Revenue: CN¥1.47b (down 4.9% from 3Q 2023). Net income: CN¥104.2m (up 5.7% from 3Q 2023). Profit margin: 7.1% (up from 6.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥7.99, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Consumer Durables industry in China. Total returns to shareholders of 28% over the past three years.
공시 • Sep 30Vatti Corporation Limited to Report Q3, 2024 Results on Oct 31, 2024Vatti Corporation Limited announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥6.61, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Consumer Durables industry in China. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.22 per share.
공시 • Jun 29Vatti Corporation Limited to Report First Half, 2024 Results on Aug 30, 2024Vatti Corporation Limited announced that they will report first half, 2024 results on Aug 30, 2024
Declared Dividend • Jun 22Dividend increased to CN¥0.30Dividend of CN¥0.30 is 200% higher than last year. Ex-date: 26th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 28Vatti Corporation Limited, Annual General Meeting, May 16, 2024Vatti Corporation Limited, Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhongshan, Guangdong China Agenda: To consider the 2023 annual report and its summary; to consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual accounts report; to consider the 2024 financial budget report; to consider the 2023 profit distribution plan; to consider the adjustment of the quota of idle proprietary funds for entrusted wealth management; to consider the 2024 remuneration plan for directors; and to consider the 2024 remuneration plan for supervisors.
공시 • Apr 27Vatti Corporation Limited Proposes Final Cash Dividend for the Year 2023Vatti Corporation Limited proposed final cash dividend/10 shares (tax included) is CNY 3.0000000 for the year 2023.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.11 in 1Q 2023). Revenue: CN¥1.38b (up 16% from 1Q 2023). Net income: CN¥124.1m (up 35% from 1Q 2023). Profit margin: 9.0% (up from 7.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year.
공시 • Mar 30Vatti Corporation Limited to Report Q1, 2024 Results on Apr 26, 2024Vatti Corporation Limited announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥4.95, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Consumer Durables industry in China. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.37 per share.
공시 • Dec 29Vatti Corporation Limited to Report Fiscal Year 2023 Results on Apr 26, 2024Vatti Corporation Limited announced that they will report fiscal year 2023 results on Apr 26, 2024
공시 • Dec 07Vatti Corporation Limited (SZSE:002035) announces an Equity Buyback for CNY 200 million worth of its shares.Vatti Corporation Limited (SZSE:002035) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The plan will be valid for 12 months.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.046 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.046 in 3Q 2022). Revenue: CN¥1.55b (up 6.6% from 3Q 2022). Net income: CN¥98.6m (up 152% from 3Q 2022). Profit margin: 6.4% (up from 2.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥1.68b (flat on 2Q 2022). Net income: CN¥168.9m (up 4.3% from 2Q 2022). Profit margin: 10.0% (in line with 2Q 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% 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 19% per year, which means it has not declined as severely as earnings.
공시 • May 23Vatti Corporation Limited Approves Cash Dividend for the Year 2022Vatti Corporation Limited approved cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2022, at its Annual General Meeting of 2022 on 19 May 2023.
공시 • May 06+ 1 more updateVatti Corporation Limited, Annual General Meeting, May 19, 2023Vatti Corporation Limited, Annual General Meeting, May 19, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 annual report and its summary; to 2022 work report of the board of directors; to 2022 work report of the supervisory committee; to 2022 annual accounts; to 2023 financial budget report; to 2022 profit distribution plan; and to Adjustment of bank comprehensive credit line.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.094 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.094 in 1Q 2022). Revenue: CN¥1.19b (up 6.2% from 1Q 2022). Net income: CN¥92.2m (up 16% from 1Q 2022). Profit margin: 7.7% (up from 7.1% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.45, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Consumer Durables industry in China. Total loss to shareholders of 24% over the past three years.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.046 (vs CN¥0.045 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.046 (up from CN¥0.045 in 3Q 2021). Revenue: CN¥1.46b (up 12% from 3Q 2021). Net income: CN¥39.2m (up 2.4% from 3Q 2021). Profit margin: 2.7% (down from 2.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.19 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (vs CN¥0.19 in 2Q 2021). Revenue: CN¥1.68b (up 4.4% from 2Q 2021). Net income: CN¥161.9m (flat on 2Q 2021). Profit margin: 9.6% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 30Full year 2021 earnings released: EPS: CN¥0.24 (vs CN¥0.47 in FY 2020)Full year 2021 results: EPS: CN¥0.24 (down from CN¥0.47 in FY 2020). Revenue: CN¥5.59b (up 28% from FY 2020). Net income: CN¥207.3m (down 49% from FY 2020). Profit margin: 3.7% (down from 9.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.7%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 28% per year.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Non Independent Director Jianhui Yang was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.044 (vs CN¥0.13 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CN¥1.31b (flat on 3Q 2020). Net income: CN¥38.3m (down 65% from 3Q 2020). Profit margin: 2.9% (down from 8.3% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year.
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.14 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.61b (up 65% from 2Q 2020). Net income: CN¥161.9m (up 37% from 2Q 2020). Profit margin: 10% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 17% per year.
Reported Earnings • May 01First quarter 2021 earnings released: EPS CN¥0.089 (vs CN¥0.053 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.05b (up 52% from 1Q 2020). Net income: CN¥77.4m (up 67% from 1Q 2020). Profit margin: 7.4% (up from 6.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Jan 28New 90-day low: CN¥7.80The company is down 13% from its price of CN¥8.94 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.28 per share.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥8.10The company is down 19% from its price of CN¥9.99 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.29 per share.
Is New 90 Day High Low • Dec 24New 90-day low: CN¥8.93The company is down 10.0% from its price of CN¥9.88 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.04 per share.
Analyst Estimate Surprise Post Earnings • Oct 30Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 10% at CN¥1.31b. Revenue is forecast to grow 22% over the next year, compared to a 16% growth forecast for the Consumer Durables industry in China.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥503.3m, down 33% from the prior year. Total revenue was CN¥4.45b over the last 12 months, down 22% from the prior year.
Is New 90 Day High Low • Oct 23New 90-day low: CN¥9.48The company is down 9.0% from its price of CN¥10.40 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.74 per share.
Is New 90 Day High Low • Sep 25New 90-day low: CN¥9.88The company is down 3.0% from its price of CN¥10.21 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.57 per share.