Vatti(SZ:002035) Zhong Jin Zai Xian·2025-10-29 10:40Core Viewpoint - The report from CICC on Vatti Corporation indicates a positive long-term outlook, with a target price set at 7.58 yuan, reflecting institutional confidence in the company's growth potential [1][3]. Group 1: Institutional Ratings and Predictions - Eight professional institutions have released research reports on Vatti Corporation in the past six months, forming a consensus on market expectations [1]. - The target price predictions for 2025 range from 7.40 yuan to 9.15 yuan, with an average of 7.89 yuan, indicating significant upside potential compared to the current stock price [1]. - Institutions are optimistic about Vatti's profitability, forecasting a net profit for 2025 between 4.53 million yuan and 5.24 million yuan, with an average of 4.97 million yuan, representing a year-on-year growth of 2.45% from 2024 [1]. Group 2: Financial Performance - Vatti Corporation reported a revenue of 1.358 billion yuan and a net profit of 83.7166 million yuan for the third quarter of 2025 [3]. - The company's gross margin reached 43.29%, an increase of 2.79 percentage points year-on-year, indicating improved product structure, cost control, and brand premium capabilities [3]. - The increase in gross margin amidst a competitive appliance industry highlights Vatti's operational resilience and differentiated competitive ability [3]. Group 3: Market Sentiment - The overall sentiment in the capital market towards Vatti Corporation is positive, with four institutions recommending "buy," three suggesting "hold," and one rating it as "outperform" [3]. - The optimistic expectations from institutions align well with Vatti's actual performance, providing solid confidence to the capital market [3]. - The concentrated attention and positive evaluations from professional institutions reflect recognition of Vatti's transformation and upgrade strategy, warranting continued investor interest [3].