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← CockpitCompetitor Analysis › 300894.SZ Marssenger Kitchenware Co. Ltd. Class AOpen in the cockpit ↗

Marssenger Kitchenware Co. Ltd. Class A300894.SZCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Electronics/Appliances
Momentum neutral 44
Mkt cap
$559M
US dollars, full cap
Free float
47%
of shares outstanding
$/day
$8.00M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-25.1 pp
WACC 11.0%
Hurdle
n/a
no reverse DCF
Next earnings
173 days
28 Apr 2027
Close · CNYCN¥9.20
1D-2.9%
1W+5.8%
1M-6.6%
3M-18.2%
6M-12.1%
YTD-22.0%
1Y-25.6%
ATR %5.2%
52w lowhigh30.0% off high

What Marssenger Kitchenware does

Employees: 1,468

Marssenger Kitchenware at a glance

Size Marssenger Kitchenware (300894.SZ) is a China Consumer Discretionary company (Electronics/Appliances) with a market value of $559M, the 3588th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.20 on 6 Nov 2026.

Performance Over six months the shares fell 12.1%, against -20.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue fell 41.5% over the last twelve months (peer median +5.4%); the operating margin is -61.0% (peer median 4.7%).

Valuation It trades at 7.7× enterprise value to sales against a peer median of 1.5× (4th most expensive of 21).

Capital Return on invested capital runs 25.1 points below its cost of capital (11.0% WACC).

Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026300894.SZ 89Peer median 78
Six months, rebased to 100: Marssenger Kitchenware against the median of its 20 peers (local-currency closes).

Marssenger Kitchenware financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥550MCN¥767MCN¥1.37BCN¥2.13BCN¥2.27B
Revenue growth—-44%-36%-6%—
Gross profitCN¥213MCN¥240MCN¥551MCN¥972MCN¥979M
EBITDAn/a-CN¥203MCN¥86.4MCN¥382MCN¥397M
Net income-CN¥288M-CN¥296MCN¥11.2MCN¥247MCN¥315M
Free cash flow-CN¥246M-CN¥254M-CN¥193MCN¥253MCN¥47.6M
Capital expenditureCN¥44.0MCN¥60.7MCN¥146MCN¥195MCN¥221M
Total debtCN¥872MCN¥596MCN¥569MCN¥1.03BCN¥868M

Quarterly statements and history in the cockpit →

Marssenger Kitchenware competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%-20%-10%0%0020050026772489237400203500052100127930084719240030091199113011877965300464001229688533BOSCH-HCIL002614000045300894.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Marssenger Kitchenware is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%0×5×10×15×002005002677248923740020350005210012796031873008473009119911301187001229BOSCH-HCIL000045300894.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Marssenger Kitchenware is the large dot.

Marssenger Kitchenware competitors and peer comparison

How Marssenger Kitchenware compares with its peers

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.

Marssenger Kitchenware against its 20 peers (data as of 6 Nov 2026)
Measure300894.SZPeer medianRank in peer set
1-month return-6.6%-7.6%9th highest of 21
6-month return-12.1%-20.2%8th highest of 21
Distance from 52-week high-30.0%-40.5%6th highest of 21
Revenue growth (TTM)-41.5%+5.4%3rd lowest of 21
Operating margin-61.0%4.7%lowest of 21
EV / Sales7.7×1.5×4th most expensive of 21
ROIC minus cost of capital-25.1 pp+0.1 pplowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Marssenger Kitchenware 300894.SZChina$559M-12%-41%-61%7.7×n/an/a
Elec-Tech International 002005.SZChina$560M-27%0%-23%5.8×n/an/a
Zhejiang Meida Industrial 002677.SZChina$567M-20%-42%-12%9.8×n/an/a
AmTRAN Technology 2489.TWTaiwan$569M-33%+5%1%0.5×n/an/a
Ability Enterprise 2374.TWTaiwan$546M-34%+65%9%1.4×n/an/a
Vatti 002035.SZChina$536M-26%-13%4%0.4×n/an/a
Changhong Meiling 000521.SZChina$582M-28%-11%-1%0.1×23.1%+14.6%
Anhui Strong State New Materials 001279.SZChina$585M-18%+24%0%2.2×37.7%+6.3%
Qingdao Hiron Commercial Cold Chain 603187.SSChina$592M-27%+12%12%0.8×-7.2%+12.2%
HG Technologies 300847.SZChina$596M-16%+2%10%2.8×n/an/a
Cuckoo 192400.KSSouth Korea$618M-8%+10%12%0.5×-20.7%+9.4%
Zhejiang Entive Smart Kitchen Appliance 300911.SZChina$619M-28%-51%-50%17.8×n/an/a
Taiwan Sakura 9911.TWTaiwan$504M-8%+6%15%1.5×-9.9%+9.2%
Suzhou Alton Electrical & Mechanical Industry 301187.SZChina$620M-20%+30%9%2.0×n/an/a
Zojirushi 7965.TJapan$621M-5%+5%8%0.8×-9.0%+4.0%
Guangdong SACA Precision Manufacturing 300464.SZChina$493M-11%+5%5%2.4×26.5%-23.0%
Guangdong Avcit Technology 001229.SZChina$634M+11%+11%10%15.9×43.0%+6.8%
Suzhou Sonavox Electronics 688533.SSChina$490M-25%+8%6%1.2×n/an/a
Bosch Home Comfort India BOSCH-HCIL.NSIndia$489M+17%+15%1%1.6×n/an/a
Xiamen Comfort Science & Technology 002614.SZChina$640M+19%+12%0%0.8×3.9%-6.3%
Shenzhen Textile (Holdings) 000045.SZChina$646M-25%-4%3%1.5×5.7%+9.0%

Questions

Which companies are Marssenger Kitchenware's closest peers?
The cockpit's peer set: Elec-Tech International (002005.SZ), Zhejiang Meida Industrial (002677.SZ), AmTRAN Technology (2489.TW), Ability Enterprise (2374.TW), Vatti (002035.SZ), Changhong Meiling (000521.SZ), Anhui Strong State New Materials (001279.SZ), Qingdao Hiron Commercial Cold Chain (603187.SS).
Is Marssenger Kitchenware expensive compared with its peers?
On ev / sales it trades at 7.7× against a peer median of 1.5×, 4th most expensive of 21 in its peer set.
How has Marssenger Kitchenware stock performed?
Over six months to 6 Nov 2026 the shares returned -12.1% against -20.2% for the median peer; over one year -25.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.