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Side-by-side financial comparison of Baozun Inc. (BZUN) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.

Baozun Inc. is the larger business by last-quarter revenue ($84.2M vs $64.6M, roughly 1.3× MARINE PRODUCTS CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs -2.0%, a 5.7% gap on every dollar of revenue.

Baozun Inc is a leading digital commerce service provider focused on the Chinese market. It delivers full-stack e-commerce solutions including official store operation, digital marketing, logistics and fulfillment, customer support, and technical infrastructure services for global and local consumer brands across fashion, beauty, FMCG, consumer electronics, and other core retail segments.

West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.

BZUN vs MPX — Head-to-Head

Bigger by revenue
BZUN
BZUN
1.3× larger
BZUN
$84.2M
$64.6M
MPX
Higher net margin
MPX
MPX
5.7% more per $
MPX
3.7%
-2.0%
BZUN

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BZUN
BZUN
MPX
MPX
Revenue
$84.2M
$64.6M
Net Profit
$-1.7M
$2.4M
Gross Margin
19.6%
Operating Margin
-1.7%
5.8%
Net Margin
-2.0%
3.7%
Revenue YoY
35.0%
Net Profit YoY
-44.6%
EPS (diluted)
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BZUN
BZUN
MPX
MPX
Q4 25
$64.6M
Q3 25
$53.1M
Q2 25
$84.2M
$67.7M
Q1 25
$59.0M
Q4 24
$47.8M
Q3 24
$49.9M
Q2 24
$69.5M
Q1 24
$69.3M
Net Profit
BZUN
BZUN
MPX
MPX
Q4 25
$2.4M
Q3 25
$2.6M
Q2 25
$-1.7M
$4.2M
Q1 25
$2.2M
Q4 24
$4.3M
Q3 24
$3.4M
Q2 24
$5.6M
Q1 24
$4.6M
Gross Margin
BZUN
BZUN
MPX
MPX
Q4 25
19.6%
Q3 25
19.2%
Q2 25
19.1%
Q1 25
18.6%
Q4 24
19.2%
Q3 24
18.4%
Q2 24
18.9%
Q1 24
20.2%
Operating Margin
BZUN
BZUN
MPX
MPX
Q4 25
5.8%
Q3 25
5.4%
Q2 25
-1.7%
7.1%
Q1 25
4.4%
Q4 24
7.7%
Q3 24
7.2%
Q2 24
8.3%
Q1 24
7.6%
Net Margin
BZUN
BZUN
MPX
MPX
Q4 25
3.7%
Q3 25
5.0%
Q2 25
-2.0%
6.1%
Q1 25
3.7%
Q4 24
8.9%
Q3 24
6.8%
Q2 24
8.0%
Q1 24
6.6%
EPS (diluted)
BZUN
BZUN
MPX
MPX
Q4 25
$0.07
Q3 25
$0.07
Q2 25
$0.12
Q1 25
$0.06
Q4 24
$0.13
Q3 24
$0.10
Q2 24
$0.14
Q1 24
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BZUN
BZUN
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
$6.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$10.7M
$125.0M
Total Assets
$25.9M
$147.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BZUN
BZUN
MPX
MPX
Q4 25
Q3 25
Q2 25
$6.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BZUN
BZUN
MPX
MPX
Q4 25
$125.0M
Q3 25
$126.3M
Q2 25
$10.7M
$127.2M
Q1 25
$126.4M
Q4 24
$129.0M
Q3 24
$128.8M
Q2 24
$129.3M
Q1 24
$151.4M
Total Assets
BZUN
BZUN
MPX
MPX
Q4 25
$147.2M
Q3 25
$179.5M
Q2 25
$25.9M
$173.2M
Q1 25
$182.9M
Q4 24
$171.2M
Q3 24
$176.3M
Q2 24
$175.7M
Q1 24
$204.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BZUN
BZUN
MPX
MPX
Operating Cash FlowLast quarter
$4.7M
Free Cash FlowOCF − Capex
$4.1M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
2.00×
TTM Free Cash FlowTrailing 4 quarters
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BZUN
BZUN
MPX
MPX
Q4 25
$4.7M
Q3 25
$2.6M
Q2 25
$-1.6M
Q1 25
$10.8M
Q4 24
$4.6M
Q3 24
$5.1M
Q2 24
$3.8M
Q1 24
$15.9M
Free Cash Flow
BZUN
BZUN
MPX
MPX
Q4 25
$4.1M
Q3 25
$2.1M
Q2 25
$-2.0M
Q1 25
$10.7M
Q4 24
$3.6M
Q3 24
$3.2M
Q2 24
$3.0M
Q1 24
$15.0M
FCF Margin
BZUN
BZUN
MPX
MPX
Q4 25
6.4%
Q3 25
4.0%
Q2 25
-3.0%
Q1 25
18.1%
Q4 24
7.6%
Q3 24
6.5%
Q2 24
4.4%
Q1 24
21.7%
Capex Intensity
BZUN
BZUN
MPX
MPX
Q4 25
0.9%
Q3 25
0.8%
Q2 25
0.6%
Q1 25
0.2%
Q4 24
2.1%
Q3 24
3.8%
Q2 24
1.1%
Q1 24
1.3%
Cash Conversion
BZUN
BZUN
MPX
MPX
Q4 25
2.00×
Q3 25
0.97×
Q2 25
-0.39×
Q1 25
4.88×
Q4 24
1.09×
Q3 24
1.51×
Q2 24
0.68×
Q1 24
3.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BZUN
BZUN

Segment breakdown not available.

MPX
MPX

Boats And Accessories$63.4M98%
Parts$1.1M2%

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