Tillkännagivande • Apr 23
Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2026 Marssenger 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 Tillkännagivande • Mar 31
Marssenger Kitchenware Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Tillkännagivande • Dec 31
Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Tillkännagivande • Sep 30
Marssenger Kitchenware Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Tillkännagivande • Jul 02
Marssenger Kitchenware Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Tillkännagivande • Apr 23
Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2025 Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Haining, Zhejiang China Tillkännagivande • Mar 31
Marssenger Kitchenware Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Tillkännagivande • Dec 31
Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 28
Third 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. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.61, 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 18% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.51 per share. Tillkännagivande • Sep 30
Marssenger Kitchenware Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor 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 27% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.06 per share. Buy Or Sell Opportunity • Sep 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to CN¥11.00. The fair value is estimated to be CN¥13.78, 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 27% in 2 years. Earnings are forecast to grow by 98% in the next 2 years. Buy Or Sell Opportunity • Aug 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to CN¥10.84. The fair value is estimated to be CN¥13.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Earnings per share has declined by 22%. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 134% in the next 2 years. Valuation Update With 7 Day Price Move • Jul 29
Investor 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 43% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.37 per share. Tillkännagivande • Jun 29
Marssenger Kitchenware Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Marssenger Kitchenware Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • May 23
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 3.1%, 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. Valuation Update With 7 Day Price Move • May 16
Investor 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 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.50 per share. Tillkännagivande • Apr 23
Marssenger Kitchenware Co., Ltd., Annual General Meeting, May 13, 2024 Marssenger 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 22
Full year 2023 earnings released: EPS: CN¥0.61 (vs CN¥0.78 in FY 2022) Full 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 is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Buy Or Sell Opportunity • Apr 22
Now 24% undervalued Over the last 90 days, the stock has risen 19% to CN¥16.30. The fair value is estimated to be CN¥21.37, 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 10% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. New Risk • Apr 17
New minor risk - Share price stability The 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 17
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to CN¥16.72, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 39% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.98 per share. Tillkännagivande • Mar 30
Marssenger Kitchenware Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Marssenger Kitchenware Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Mar 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to CN¥13.40. The fair value is estimated to be CN¥16.93, 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. Buy Or Sell Opportunity • Feb 28
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to CN¥13.11. The fair value is estimated to be CN¥17.14, 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 02
Investor 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 60% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.65 per share. Buy Or Sell Opportunity • Feb 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to CN¥12.03. The fair value is estimated to be CN¥15.65, 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. Tillkännagivande • Dec 29
Marssenger Kitchenware Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 Marssenger Kitchenware Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 Reported Earnings • Nov 01
Third 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. Tillkännagivande • Sep 30
Marssenger Kitchenware Co., Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Marssenger Kitchenware Co., Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 29
Second 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. Tillkännagivande • May 20
Marssenger Kitchenware Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 25, 2023 Marssenger 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. Tillkännagivande • May 18
Marssenger Kitchenware Co., Ltd. Approves Cash Dividend for the Year 2022 Marssenger 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 26
Full year 2022 earnings released: EPS: CN¥0.78 (vs CN¥0.93 in FY 2021) Full 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 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 05
Investor sentiment improved over the past week After 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¥21.74 per share. Board Change • Nov 16
High number of new and inexperienced directors There 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. Buying Opportunity • Oct 29
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 36%. The fair value is estimated to be CN¥28.35, 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. Reported Earnings • Oct 25
Third 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. Reported Earnings • Aug 29
Second 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 13
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥44.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 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. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in 1Q 2021) First 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). Over the next year, revenue is forecast to grow 37%, compared to a 14% growth forecast for the industry in China. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.93 (vs CN¥0.76 in FY 2020) Full 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). Over the next year, revenue is forecast to grow 34%, compared to a 14% growth forecast for the industry in China. Buying Opportunity • Jan 18
Now 20% undervalued The stock has been flat over the last 90 days. 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.