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Employees: 6,674
Size Vatti (002035.SZ) is a China Consumer Discretionary company (Electronics/Appliances) with a market value of $536M, the 3694th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.33 on 6 Nov 2026.
Performance Over six months the shares fell 26.5%, against -18.3% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue fell 13.2% over the last twelve months (peer median +5.7%); the operating margin is 3.9% (peer median 4.5%).
Valuation It trades at 13.6× forward earnings against a peer median of 24.3× (5th cheapest of 12).
Capital Return on invested capital runs 3.4 points above its cost of capital (5.8% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.17B | CN¥5.62B | CN¥6.34B | CN¥6.21B | CN¥5.79B |
| Revenue growth | — | -11% | +2% | +7% | — |
| Gross profit | CN¥2.13B | CN¥2.24B | CN¥2.43B | CN¥2.41B | CN¥2.15B |
| EBITDA | n/a | CN¥456M | CN¥492M | CN¥458M | CN¥204M |
| Net income | CN¥161M | CN¥301M | CN¥485M | CN¥447M | CN¥143M |
| Free cash flow | -CN¥127M | CN¥295M | CN¥399M | CN¥952M | CN¥186M |
| Capital expenditure | CN¥168M | CN¥242M | CN¥238M | CN¥268M | CN¥221M |
| Total debt | CN¥1.14B | CN¥1.45B | CN¥1.56B | CN¥1.69B | CN¥1.63B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002035.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.9% | -6.7% | 9th lowest of 21 |
| 6-month return | -26.5% | -18.3% | 7th lowest of 21 |
| Distance from 52-week high | -37.6% | -41.2% | 10th highest of 21 |
| Revenue growth (TTM) | -13.2% | +5.7% | 4th lowest of 21 |
| Operating margin | 3.9% | 4.5% | 11th highest of 21 |
| Forward P/E | 13.6× | 24.3× | 5th cheapest of 12 |
| ROIC minus cost of capital | +3.4 pp | -2.1 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Vatti 002035.SZ | China | $536M | -26% | -13% | 4% | 13.6× | n/a | n/a |
| Ability Enterprise 2374.TW | Taiwan | $546M | -34% | +65% | 9% | n/a | n/a | n/a |
| Marssenger Kitchenware 300894.SZ | China | $559M | -12% | -41% | -61% | n/a | n/a | n/a |
| Elec-Tech International 002005.SZ | China | $560M | -27% | 0% | -23% | n/a | n/a | n/a |
| Zhejiang Meida Industrial 002677.SZ | China | $567M | -20% | -42% | -12% | 97.5× | n/a | n/a |
| AmTRAN Technology 2489.TW | Taiwan | $569M | -33% | +5% | 1% | n/a | n/a | n/a |
| Taiwan Sakura 9911.TW | Taiwan | $504M | -8% | +6% | 15% | 9.9× | -9.9% | +9.2% |
| Changhong Meiling 000521.SZ | China | $582M | -28% | -11% | -1% | 12.5× | 23.1% | +14.6% |
| Guangdong SACA Precision Manufacturing 300464.SZ | China | $493M | -11% | +5% | 5% | n/a | 26.5% | -23.0% |
| Anhui Strong State New Materials 001279.SZ | China | $585M | -18% | +24% | 0% | n/a | 37.7% | +6.3% |
| Suzhou Sonavox Electronics 688533.SS | China | $490M | -25% | +8% | 6% | 28.6× | n/a | n/a |
| Bosch Home Comfort India BOSCH-HCIL.NS | India | $489M | +17% | +15% | 1% | 54.6× | n/a | n/a |
| Qingdao Hiron Commercial Cold Chain 603187.SS | China | $592M | -27% | +12% | 12% | 11.6× | -7.2% | +12.2% |
| HG Technologies 300847.SZ | China | $596M | -16% | +2% | 10% | n/a | n/a | n/a |
| Zhejiang Biyi Electric Appliance 603215.SS | China | $481M | -18% | +6% | -1% | 25.3× | n/a | n/a |
| IFB Industries IFBIND.NS | India | $472M | -9% | +14% | 3% | 24.3× | 31.8% | +14.9% |
| Cuckoo 192400.KS | South Korea | $618M | -8% | +10% | 12% | 6.2× | -20.7% | +9.4% |
| Zhejiang Entive Smart Kitchen Appliance 300911.SZ | China | $619M | -28% | -51% | -50% | n/a | n/a | n/a |
| Suzhou Alton Electrical & Mechanical Industry 301187.SZ | China | $620M | -20% | +30% | 9% | 29.8× | n/a | n/a |
| Zojirushi 7965.T | Japan | $621M | -5% | +5% | 8% | 17.9× | -9.0% | +4.0% |
| Guangdong Avcit Technology 001229.SZ | China | $634M | +11% | +11% | 10% | n/a | 43.0% | +6.8% |