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Employees: 1,447
Size Vats Liquor Chain Store Management Joint Stock (300755.SZ) is a China Consumer Discretionary company (Specialty Stores) with a market value of $689M, the 3092nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.02 on 6 Nov 2026.
Performance Over six months the shares fell 19.3%, against -8.0% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 21.6% over the last twelve months (peer median +5.0%); the operating margin is -0.3% (peer median 4.9%).
Valuation It trades at 0.8× enterprise value to sales against a peer median of 1.6× (6th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 19% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +16 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 12.5 points below its cost of capital (12.6% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.33B | CN¥5.89B | CN¥9.45B | CN¥10.1B | CN¥8.69B |
| Revenue growth | — | -38% | -7% | +16% | — |
| Gross profit | CN¥335M | CN¥331M | CN¥790M | CN¥1.03B | CN¥1.17B |
| EBITDA | n/a | -CN¥354M | CN¥163M | CN¥269M | CN¥458M |
| Net income | -CN¥253M | -CN¥369M | CN¥44.4M | CN¥235M | CN¥366M |
| Free cash flow | CN¥862M | CN¥755M | CN¥436M | CN¥270M | -CN¥504M |
| Capital expenditure | CN¥169,726 | CN¥1.53M | CN¥5.84M | CN¥18.5M | CN¥178M |
| Total debt | CN¥656M | CN¥1.31B | CN¥2.91B | CN¥2.38B | CN¥3.46B |
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 | 300755.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.1% | +0.8% | 9th lowest of 21 |
| 6-month return | -19.3% | -8.0% | 5th lowest of 21 |
| Distance from 52-week high | -49.7% | -34.5% | 4th lowest of 21 |
| Revenue growth (TTM) | -21.6% | +5.0% | 2nd lowest of 21 |
| Operating margin | -0.3% | 4.9% | 4th lowest of 21 |
| EV / Sales | 0.8× | 1.6× | 6th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 19.4% | 4.7% | 5th most demanding of 16 |
| Growth delivered (Del g) | +3.6% | +8.1% | 4th lowest of 16 |
| Hurdle (Req g minus delivered) | +15.8 pp | -1.8 pp | 5th most demanding of 16 |
| ROIC minus cost of capital | -12.5 pp | +0.0 pp | 3rd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Vats Liquor Chain Store Management Joint Stock 300755.SZ | China | $689M | -19% | -22% | 0% | 0.8× | 19.4% | +3.6% |
| Fujian Zhangzhou Development 000753.SZ | China | $686M | -31% | -21% | -3% | 4.2× | 38.9% | -2.4% |
| Hubei Three Gorges Tourism 002627.SZ | China | $684M | -14% | +8% | 13% | 4.8× | n/a | n/a |
| Wickes WIX.L | United Kingdom | $717M | +36% | +4% | 4% | 0.7× | 2.2% | +4.0% |
| Zhongsheng Hldg 0881.HK | Hong Kong | $656M | -70% | -5% | 0% | 0.2× | 48.7% | +1.4% |
| Betterware de Mexico, S.A.P.I. de C.V BWMX | United States | $655M | -1% | +28% | 17% | 1.1× | -9.2% | +17.0% |
| Wuxi Commercial Mansion Grand Orient 600327.SS | China | $652M | +24% | -28% | 1% | 1.9× | 13.2% | -16.3% |
| Kid KID.OL | Norway | $640M | +23% | +5% | 11% | 2.0× | 5.0% | +5.7% |
| Halfords HFD.L | United Kingdom | $744M | +65% | +5% | 3% | 0.4× | 4.7% | +6.9% |
| Qingdao Citymedia 600229.SS | China | $636M | +2% | -12% | -22% | 1.6× | n/a | n/a |
| V-Mart Retail VMART.NS | India | $636M | +14% | +18% | 6% | 1.7× | 36.5% | +28.6% |
| ValueMax T6I.SI | Singapore | $631M | -21% | +32% | 20% | 2.8× | n/a | n/a |
| Rayhoo Motor Dies 002997.SZ | China | $769M | -18% | +9% | 11% | 1.6× | -2.8% | +28.3% |
| IDOM 7599.T | Japan | $601M | -28% | +17% | 3% | 0.3× | -6.7% | +8.1% |
| ZJAMP 002758.SZ | China | $585M | -18% | +23% | 2% | 0.2× | n/a | n/a |
| EVgo EVGO | United States | $576M | -7% | +31% | -27% | 2.8× | n/a | n/a |
| ME Group International MEGP.L | United Kingdom | $568M | -17% | +1% | 25% | 1.4× | -11.6% | +11.1% |
| Nick Scali NCK.AX | Australia | $842M | +1% | +4% | 23% | 2.8× | 7.5% | +6.7% |
| Musti MUSTI.HE | Finland | $558M | -9% | -8% | 1% | 1.4× | 40.3% | +12.3% |
| Synsam SYNSAM.ST | Sweden | $868M | +13% | +9% | 10% | 1.6× | -4.4% | +10.2% |
| Matas A/S MATAS.CO | Denmark | $542M | -19% | +4% | 6% | 0.9× | -1.0% | +16.1% |