00
002035.SHE Vatti Corp Ltd
- Market cap
- CNY 3.64B
- P/E
- 22.6x
- P/B
- 0.91x
- ROE
- 7.4%
- Dividend yield
- 6.89%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002035.SHE undervalued?
Graham number002035.SHE trades 4.3% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Vatti Corp Ltd fundamental analysis
No fundamental analysis for Vatti Corp Ltd yet.
Vatti Corp Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Vatti Corp Ltd
Vatti Corporation Limited engages in the research, development, production, and sales of kitchen appliances in the People's Republic of China. The company offers range hoods, cooktops, water heaters, cooking appliances, stoves, dishwashers, and steam ovens, as well as customized home furnishing products, such as cabinets, wardrobes, and bathroom vanities. Vatti Corporation Limited was founded in 1992 and is based in Zhongshan, the People's Republic of China.
Full company profileVatti Corp Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Vatti Corp Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 4.40B | 5.73B | 6.10B | 5.75B | 4.36B | 5.59B | 5.82B | 6.23B | 6.37B | 5.65B | 4.91B |
| Gross Profit | 1.87B | 2.61B | 2.88B | 2.77B | 1.88B | 2.26B | 2.27B | 2.52B | 2.53B | 2.40B | 2.03B |
| Operating Income | 378M | 612M | 798M | 816M | 461M | 229M | 147M | 481M | 525M | 358M | 336M |
| EBITDA | 458M | 672M | 866M | 893M | 520M | 294M | 231M | 598M | 634M | 486M | 351M |
| Net Income | 328M | 510M | 677M | 748M | 408M | 207M | 143M | 447M | 485M | 301M | 287M |
| EPS | 0.38 | 0.59 | 0.77 | 0.85 | 0.47 | 0.24 | 0.17 | 0.53 | 0.58 | 0.36 | 0.34 |
| Balance Sheet | |||||||||||
| Total Assets | 3.59B | 4.21B | 5.29B | 5.98B | 5.84B | 6.53B | 6.70B | 7.20B | 7.30B | 7.11B | 6.62B |
| Total Liabilities | 1.80B | 1.95B | 2.62B | 2.86B | 2.61B | 3.20B | 3.29B | 3.51B | 3.47B | 3.24B | 2.69B |
| Shareholders' Equity | 1.74B | 2.19B | 2.59B | 3.01B | 3.16B | 3.24B | 3.30B | 3.64B | 3.78B | 3.83B | 3.88B |
| Cash & Short-term Investments | 1.11B | 653M | 1.58B | 2.26B | 1.84B | 2.03B | 2.24B | 2.91B | 3.06B | 1.82B | 1.04B |
| Total Debt | 16.1M | 20.0M | 10.0M | 1.04B | 150M | 213M | 246M | 51.1M | 74.4M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 818M | 369M | 629M | 779M | -103M | 466M | 395M | 1.15B | 632M | 536M | - |
| Capital Expenditure | 34.8M | 72.5M | 176M | 254M | 200M | 267M | 221M | 268M | 238M | 242M | 182M |
| Free Cash Flow | 784M | 296M | 453M | 525M | -303M | 199M | 174M | 882M | 394M | 294M | -443M |
| Ratios | |||||||||||
| ROE | 18.9% | 23.3% | 26.1% | 24.9% | 12.9% | 6.4% | 4.3% | 12.3% | 12.8% | 7.9% | 7.4% |
| ROA | 9.1% | 12.1% | 12.8% | 12.5% | 7.0% | 3.2% | 2.1% | 6.2% | 6.6% | 4.2% | 4.3% |
| Net Profit Margin | 7.5% | 8.9% | 11.1% | 13.0% | 9.4% | 3.7% | 2.5% | 7.2% | 7.6% | 5.3% | 5.9% |
| Debt to Equity | 0.01x | 0.01x | 0.00x | 0.35x | 0.05x | 0.07x | 0.07x | 0.01x | 0.02x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Vatti Corp Ltd dividends
- Dividend yield
- 6.89%
- Forward dividend
- 0.20 CNY
- Payout ratio
- 83.4%
- Ex-dividend date
- Jun 18, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 251M | 0.30 | 83.4% |
| 2024 | CNY 251M | 0.30 | 51.8% |
| 2023 | CNY 84.8M | 0.10 | 19.0% |
| 2022 | CNY 84.8M | 0.10 | 59.2% |
| 2021 | CNY 127M | 0.15 | 61.3% |
| 2020 | CNY 254M | 0.29 | 62.3% |
| 2019 | CNY 258M | 0.29 | 34.5% |
| 2018 | CNY 193M | 0.22 | 28.5% |
| 2017 | CNY 110M | 0.13 | 21.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.5:1 on Jul 5, 2018.
Who owns Vatti Corp Ltd
- Insiders 31.37%
- Institutions 6.66%
- Public & others 61.97%
- Shares outstanding 848M
- Free float 565M
Vatti Corp Ltd company profile
- Company name
- Vatti Corp Ltd
- Ticker
- 002035.SHE
- ISIN
- CNE000001KY3
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Aug 17, 2004
- Sector
- Consumer Cyclical
- Industry
- Household Durables
- Employees
- 4,936
- Fiscal year end
- December
- Address
- No. 1 Industrial Avenue, Zhongshan, China, 528416
- Phone
- 86 760 2213 9888
- Website
- vatti.com.cn
About Vatti Corp Ltd
Vatti Corporation Limited engages in the research, development, production, and sales of kitchen appliances in the People's Republic of China. The company offers range hoods, cooktops, water heaters, cooking appliances, stoves, dishwashers, and steam ovens, as well as customized home furnishing products, such as cabinets, wardrobes, and bathroom vanities. Vatti Corporation Limited was founded in 1992 and is based in Zhongshan, the People's Republic of China.
Vatti Corp Ltd management
7- Mr. Ye Jiang PanChairman of the Board & CEO · born 1977
- Ms. Shu Xian HeCFO & Accounting Supervisor · born 1973
- Mr. Haobiao PanVP & Director · born 1963
- Ms. Chuxin PanBoard Secretary · born 1989
- Mr. Cao WangVice President · born 1974
- Mr. Ling Wei JiangVice President · born 1984
- Mr. Ming Gui QiuVice President · born 1966