600690 Haier Smart Home
- 29.33
- +0.87+3.06%
Haier Smart Home News
With annual revenue exceeding billions, the unicorn under Haier's umbrella has terminated its IPO.
Since the beginning of this year, under the strict regulatory background, companies terminating IPOs have been numerous. Guolonghui learned that recently, the gem IPO of Rishun Supply Chain Technology Co., Ltd. (referred to as "Rishun") was terminated due to voluntary withdrawal. As a logistics unicorn under Haier Group, Rishun has long had an annual income of over 10 billion, and also made it to the Hurun Global Unicorn List 2023, ranking 374th with a valuation as high as 18.5 billion yuan. Rishun submitted its prospectus in May 2021, went through inquiries, and was scheduled for May 2023, but ultimately ended up empty-handed. Rishun had originally planned to raise 2 billion yuan.
Guotou Securities: Q3 home appliance subsidy policy promotes economic improvement, while exports continue to grow rapidly.
Since the end of August, the detailed subsidy rules for the "trade-in old for new" of household appliances have been successively implemented in various provinces and cities, effectively boosting the consumer sentiment for household appliances. With the continuous implementation of the subsidy policy, the domestic sales of household appliances are expected to bottom out and rebound.
Hong Kong stock concept tracking | Shanghai household appliances and home furnishings expand by exchanging old for new, domestic sales of household appliances in the fourth quarter may continue to actively improve (concept stocks attached)
Htsc stated that the home appliance replacement policy is taking the lead, and domestic demand for household appliances is gradually improving in the third quarter of 2024. With the ongoing consolidation of the domestic sales market through the replacement policy, domestic sales of household appliances in the fourth quarter may be able to continue the positive trend of improvement.
Guolian Securities: Domestic appliance sales may be ushering in a turning point. The advantage of "price range + channel" is added.
Driven by the replacement of old for new, domestic appliance sales may be entering a key transition period, with substantial subsidy sales volume and remarkable elasticity in off-peak product categories.
haier smarthome (06690.HK) has repurchased a total of 1.15 million H shares as of October 31.
GeLongHui November 1st | Haier Smarthome (06690.HK) announced that on June 20, 2024, the company's 2023 annual general meeting of shareholders, the 2024 first A-share category general meeting of shareholders, the 2024 first D-share category general meeting of shareholders, and the 2024 first H-share category general meeting of shareholders approved the "Proposal of Haier Smarthome Co., Ltd. for the Board of Directors to seek general authorization from the shareholders' meeting to decide on the repurchase of up to 10% of the total number of issued H shares of the company." The start date of this repurchase implementation is from now until October 31, 2024. The company has repurchased a total of 1.15 million shares.
Haier Smarthome (600690.SH): Debt financing tools approved for registration.
GeLongHui November 1st | Haier SmartHome (600690.SH) announced that the National Association of Financial Market Traders (referred to as the "Traders Association") held the 131st registration meeting of 2024 on October 21, 2024, agreeing to accept the registration of the company's medium-term notes and issuing the "Acceptance of Registration Notice", with a registered amount of 10 billion yuan. The registered amount of the aforementioned medium-term notes is valid for two years from the date of issuance of the "Acceptance of Registration Notice" (October 25, 2024), underwritten by Bank of China Limited, and can be issued in installments within the registration validity period. After the issuance is completed, it will be
Haier Smart Home Co., Ltd. (SHSE:600690) Analysts Are Pretty Bullish On The Stock After Recent Results
[Brokerage Focus] Bocom Intl raises target price for Haier Smarthome (06690) as revenue in the first three quarters remains stable in line with expectations.
King's Treasure | Bocom Intl released research reports, indicating that Haier Smarthome (06690) maintained stable income and double-digit profit growth in the first three quarters, meeting the market and the bank's expectations. As for the third quarter, income/net income increased by 0.5%/13.2% year-on-year, with the gross margin continuing to rise. The net profit margin in the third quarter was 7.2%, up 0.9 percentage points year-on-year. The bank mentioned that overseas business continues to drive revenue growth. In the third quarter, Haier's overall revenue slightly increased by 0.5%, with overseas business maintaining single-digit growth from the first half of the year (3rd quarter year-on-year growth of 3.8%), offsetting the decline in China business (down 3% year-on-year), Europe.
Nomura Adjusts Haier Smart Home's Price Target to 44 Yuan From 39.30 Yuan, Keeps at Buy
Bank Ratings | BOC International: Haier SmartHome's domestic business in the third quarter is under pressure, but subsidies are changing the landscape. Maintaining a "buy" rating
BOCI International stated in a report that Haier Smart Home's domestic business was under pressure in the third quarter, but subsidies changed the landscape; its business continued the performance of the second quarter, with revenue growth still weak, but showing better year-on-year growth in net income. The performance reflects Haier's consistent efficiency improvement through digitization and reform. The report points out that in the short term, the domestic business of Haier Smart Home will show resilient performance under the positive demand created by the subsidy for replacing old with new, with the high-end brand Casarte expected to be more sensitive to policy boosts. Overseas business is slightly weaker than expected, but it is expected that the subsequent demand will receive certain support after interest rate cuts by central banks such as the Federal Reserve and the European Central Bank.
Daiwa: Rated haier smarthome (06690) 'In Sync with the Market', third quarter performance meets expectations.
DALIAN MOON expects haier smarthome's fourth quarter revenue growth to accelerate to mid-to-high single digits.
The Smart Hong Kong Stock Early Access | Xiaomi autos delivered 0.02 million units in October, with gold prices continuing to rise.
Gold prices continue to rise, comex gold futures up 1.12%, trading at $2786.70 per ounce. Comex silver futures rose 1.84%, trading at $34.625 per ounce.
Haier Smart Home Co., Ltd. Report for the third quarter of 2024
Express News | Eqs-CMS: Haier Smart Home Co.,Ltd.: Announcement on Resolutions of the 12TH Meeting of the 11TH Session of the Board of Directors
Express News | Eqs-CMS: Haier Smart Home Co.,Ltd.: Announcement on the Disclosable Transaction and Connected Transaction: Entering Into the Voting Rights Entrustment Agreement and Continuing Connected Transactions
Express News | Eqs-News: Haier Smart Home Releases Q3 2024 Report: Sustainable Growth in Domestic and International Markets Through Innovative Smart Product Portfolio
haier smarthome (06690) net income in the first three quarters increased by 15.27% year-on-year.
Golden Finance News | Haier SmartHome (06690) announced its 2024 third-quarter financial report. During the period, the net income attributable to shareholders of the listed company was 4.734 billion yuan (RMB, the same below), a year-on-year increase of 13.15%; basic earnings per share were 0.51 yuan, a year-on-year increase of 13.33%. During the period, revenue was 67.349 billion yuan, a year-on-year increase of 0.47%. In the first three quarters, the net income attributable to shareholders of the listed company was 15.154 billion yuan, a year-on-year increase of 15.27%. Basic earnings per share were 1.64 yuan, a year-on-year increase of 16.31%. During the period, revenue was 202.971 billion yuan.
Haier Smart Home 3Q Rev CNY67.35B, Up 0.5% >6690.HK
HAIER SMARTHOME: 2024 THIRD QUARTER REPORT
Express News | Haier Smart Home Q3 Net Profit up 13.2% Y/Y
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