No Data
No Data
How Do You Get That Stain Out? It Depends on Where You Live -- WSJ
Nomura Adjusts Haier Smart Home's Price Target to 39.30 Yuan From 40.70 Yuan, Keeps at Buy
Research reports | GTJA: Haier Smarthome Q2 performance meets expectations, maintaining "shareholding" rating.
gtja's research report pointed out that Haier Smarthome (600690.SH) achieved a net income attributable to shareholders of 10.42 billion yuan in H1 2024, a year-on-year increase of 16.25%; Q2 net income attributable to shareholders of 5.647 billion yuan, a year-on-year increase of 13.11%, with performance meeting expectations. The company's domestic and international sales performance is stable, and the emerging markets are maintaining rapid growth. Among them, the profitability of the air conditioning category has significantly improved, and expenses continue to be optimized. With the joint venture compressor company in Zhengzhou officially in production in April 2024, the proportion of self-made parts will increase, and the manufacturing cost optimization will be gradually realized in the future. In addition, the overall expense ratio in Q2 2024 has been optimized compared to the same period last year, with a decrease of 0.8.
Haier Smart Home's H1 Attributable Profit Jumps 16% on Higher Operating Income
Haier SmartHome announces its interim performance, with shareholders' attributable net profit reaching 10.42 billion yuan, a year-on-year increase of 16.3%.
Haier Smarthome (06690) announced its mid-term performance for 2024, with revenue of 135.621 billion yuan, a year-on-year increase of 3%; gross profit of 40.784 billion yuan, a year-on-year increase of 4%; net profit attributable to shareholders of the company of 10.42 billion yuan, a year-on-year increase of 16.3%; basic earnings per share of 1.13 yuan.
Haier Smarthome plans to invest in a new project that manufactures 5 million air conditioner units annually.
Haier SmartHome (06690) released an announcement that the board of directors of the company deliberated and passed the "Proposal of Haier SmartHome Co., Ltd. on investing in the construction of a new annual production of 5 million air conditioner project". In order to further enhance the product R&D capabilities of Haier air conditioners, optimize the global supply chain layout of the air conditioner industry, meet the demand for air conditioner products from consumers in different regions around the world, and strengthen the market competitiveness of Haier air conditioners in different regions, the company plans to invest in the construction of a 5 million air conditioner project in the Shanghai Cooperation Organization Economic Demonstration Zone in Jiaozhou City, Qingdao through its subsidiary, Qingdao Haier HVAC Technology Co., Ltd., with an estimated total investment of RMB 2.494 billion.
No Data