Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002035.SZ
BUYREMOVEVatti Corporation Limited · Consumer Cyclical · China · $597M · Avg Vol: $6M/d
Vatti Corporation manufactures kitchen appliances in China. It is highly exposed to the weak Chinese real estate market and lacks any connection to our high-conviction macro themes.
COMPANY DESCRIPTION
Vatti Corporation Limited designs and manufactures kitchen appliances, including gas stoves, water heaters, and range hoods. The company is one of the top three kitchen appliance brands in China, known for its premium positioning and smart kitchen innovations. It is an established consumer brand with a robust nationwide distribution network and strong R&D in smart home integration.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 859.8M | 921.0M | 941.6M | 834.6M | -1.0% |
| EPS | 0.02 | 0.08 | 0.09 | 0.05 | 29.0% |
| Shares | 847.7M | 847.7M | 847.7M | 847.7M | 0.0% |
| Debt | 34.7M | 8.0M | 11.1M | 14.5M | -25.3% |
| Equity | 487.8M | 538.5M | 558.5M | 566.1M | 5.1% |
| Op CF | 58.4M | 169.8M | 93.4M | 79.2M | 10.7% |
| Inv CF | 48.1M | -136.9M | -31.0M | -17.4M | — |
| Fin CF | -7.5M | -49.6M | -46.7M | -33.5M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 002035.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002035.SZ | Vatti Corporation Limited(you) | $597M | 68 | BUY |
| 002375.SZ | Zhejiang Yasha Decoration Co.,Ltd | $709M | 59 | HOLD |
| 002959.SZ | Bear Electric Appliance Co.,Ltd. | $757M | 58 | HOLD |
| 603661.SS | Henglin Home Furnishings Co.,Ltd | $734M | 81 | STRONG BUY |
| 600983.SS | Whirlpool China Co., Ltd. | $815M | 51 | HOLD |
| 000521.SZ | Changhong Meiling Co., Ltd. | $852M | 51 | HOLD |
| 002705.SZ | Guangdong Xinbao Electrical Appliances Holdings Co., Ltd | $1.4B | 60 | HOLD |
| 301332.SZ | Guangdong Deerma Technology Co., Ltd. | $558M | 33 | SELL |
| 603515.SS | Opple Lighting Co.,LTD | $2.0B | 81 | STRONG BUY |
| 002508.SZ | Hangzhou Robam Appliances Co., Ltd. | $2.2B | 79 | BUY |
Peer medians: ROE 7.0% · P/E 23.7x · Gross margin 22.2%