1. People's Republic of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Furnishings, Fixtures & Appliances
Haier Smart Home Co., Ltd.

Haier Smart Home Co., Ltd.

QIHCF
Haier Smart Home Co., Ltd.US flagOther OTC
2.42
USD
+0.20
- -
39.05BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
15.91
16.94
14.73
19.54
26.81
29.94
31.46
31.64
24.48
26.16
29.57
30.84
32.78
23.58
Basic EPS, GAAP
0.77
0.93
0.71
0.83
1.13
1.22
1.29
1.34
1.41
1.58
1.79
2.02
2.12
1.44
Free Cash Flow per Basic Share
0.87
0.79
0.51
0.9
2.03
2.01
1.39
1.48
1.71
1.29
1.73
1.75
1.86
-0.68
Dividend per Share
0.2
0.26
0.29
0.3
0.48
0.62
0.66
0.65
0.44
0.55
0.78
1.09
1.5
0.43
Book Value per Share
2.19
2.81
3.29
3.89
4.66
5.42
6.12
7.16
6.18
7.24
8.41
9.58
10.5
10.92
Tangible Book Value per Share
3.56
5.38
5.01
1.39
3
4.03
4.82
5.34
5.35
6.49
7.58
8.32
9.11
10.09
Basic Weighted Avg Shares
5,442
5,721
6,096
6,096
6,097
6,149
6,381
6,629
9,276
9,311
9,272
9,273
9,223
9,303
Sales/Revenue/Turnover
86,606
96,930
89,797
119,132
163,429
184,108
200,762
209,723
227,106
243,579
274,205
286,015
302,347
219,356
Operating Margin (%)
6.61
7.18
5.59
5.56
6.27
6.13
5.14
5.81
7
7.23
7.64
8.22
7.75
7.58
Depreciation Expense
671
830
1,010
2,392
3,070
3,116
4,553
4,905
4,805
5,640
7,127
7,635
8,496
- -
Net Income, GAAP
4,174
5,338
4,304
5,042
6,908
7,484
8,206
8,883
13,079
14,712
16,597
18,731
19,553
13,378
Effective Tax Rate (%)
17.31
17.81
15.12
18.23
14.04
15.97
15.69
16.47
16.97
17.19
15.45
13.89
14.12
12.78
Profit Margin (%)
4.82
5.51
4.79
4.23
4.23
4.06
4.09
4.24
5.76
6.04
6.05
6.55
6.47
6.1
Working Capital
11,214
19,943
15,110
-3,887
9,255
12,990
4,937
4,845
-975
11,708
15,099
2,359
10,487
23,356
LT Debt
717
1,801
1,405
15,531
22,248
24,733
22,261
20,608
5,334
16,415
21,795
14,146
19,217
19,420
Total Equity
20,031
31,923
32,442
37,681
47,828
55,808
64,990
68,132
81,275
94,750
107,530
118,802
125,977
134,794
Return on Invested Capital (%)
23.12
19.02
11.6
9.68
10.72
10.44
8.79
9.67
12.26
12.25
12.9
12.97
11.84
8
Return on Capital (%)
16.68
15.93
9.19
7.7
7.58
7.53
6.19
8.43
15.95
16.68
16.11
15.49
14.66
9.64
Return on Common Equity (%)
40.01
38.15
23.82
23.03
26.51
24.25
22.68
20.53
24.95
23.58
22.83
22.46
21.06
13.66

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
26,100
27,844
LT Borrowings
- -
14,666
14,936
LT Finance Leases
- -
4,551
4,484
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,109
9,107
9,107
Market Capitalization
149,658
138,554
142,504

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
152,833
161,585
Cash, Cash Equivalents & STI
- -
49,656
55,664
Accounts Receivable, Net
- -
27,066
27,753
Inventories
- -
46,849
46,578
Total Current Liabilities
- -
142,346
138,230
Payables & Accruals
- -
- -
- -
ST Debt
- -
26,100
27,844
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.69%
13.18%
6.04%
Free Cash Flow
26.13%
15.46%
5.62%
Net Income, GAAP
17.02%
17.96%
4.39%
Sales/Revenue/Turnover
13.41%
7.63%
5.71%
Total Cash Common Dividend
24.59%
27.82%
37.47%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
71,888
66,645
67,349
83,010
286,015
2025
79,118
77,376
- -
68,293
302,347
2026
73,687
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.52
- -
- -
- -
2.02
2025
0.59
- -
- -
- -
2.12
2026
0.5
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
- -
- -
- -
1.09
2025
0.08
- -
- -
- -
1.5
2026
0.05
- -
- -
- -
- -

Company Description

APIChat
CEO
Huagang Li
Full Time Employees
122,733
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Address
Haier Information Industry Park Qingdao People's Republic of China 266101
IPO Date
Jan 4, 2021
Website
smart-home.haier.com
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Business
Haier Smart Home Co., Ltd. researches, develops, produces and sells smart home appliances and solutions worldwide. The company offers refrigerators and freezers; washing machines and dryers; air conditioners; water heaters; kitchen appliances including dishwashers and gas stoves; small appliances; smart home scene solutions; and related services such as IoT technology applications, logistics, industrial design, furniture customization and energy-saving technologies. Haier Smart Home operates in over 160 countries and regions with approximately 122 manufacturing plants, 14 R&D centers and brands including Haier, GE Appliances, Fisher & Paykel and Candy; it was founded in 1984 as Qingdao Refrigerator General Factory and is headquartered in Qingdao, China. In October 2024, the company completed the acquisition of Carrier Commercial Refrigeration, expanding into commercial and cold storage refrigeration with brands such as Carrier, Profroid and Celsior. It also finalized the acquisition of Electrolux's South African subsidiary Kwikot in late 2024 for ZAR 2.45 billion to strengthen its presence in the Middle East and Africa. Haier Smart Home changed its name from Qingdao Haier Co., Ltd. in June 2019, delisted Haier Electronics from the Hong Kong Stock Exchange through privatization and achieved an initial H-share listing in Hong Kong.