Last update at 2025-03-14T19:58:00Z
Haier Smart Home Successfully Completes Acquisition of Carrier Commercial Refrigeration
Wed 02 Oct 24, 12:20 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 17789.72M | 15916.03M | 13554.48M | 14630.61M | 11629.38M |
Minority interest | -21.25813M | -150.02891M | -2446.02307M | -4128.14541M | -2330.37101M |
Net income | 14710.92M | 13067.04M | 8876.59M | 8206.25M | 7440.23M |
Selling general administrative | 10837.32M | 10444.48M | 10052.65M | 10113.26M | 8324.33M |
Selling and marketing expenses | 38597.81M | 36553.67M | 33641.71M | 33682.13M | 28653.22M |
Gross profit | 76290.40M | 71073.49M | 62250.64M | 59893.58M | 53162.42M |
Reconciled depreciation | 5635.01M | 4803.78M | 4900.72M | 4553.16M | 3099.40M |
Ebit | 20498.36M | 18409.82M | 16396.40M | 16902.94M | 13684.02M |
Ebitda | 26133.37M | 23213.60M | 21297.12M | 21456.09M | 16783.42M |
Depreciation and amortization | 5635.01M | 4803.78M | 4900.72M | 4553.16M | 3099.40M |
Non operating income net other | - | - | - | - | - |
Operating income | 17843.90M | 15876.48M | 13597.95M | 14449.44M | 11390.51M |
Other operating expenses | 225901.01M | 211687.61M | 197539.56M | 190450.56M | 172174.89M |
Interest expense | 984.14M | 712.45M | 1327.09M | 1747.11M | 1464.65M |
Tax provision | 3057.54M | 2698.96M | 2231.86M | 2296.22M | 1858.78M |
Interest income | 855.18M | 564.58M | 486.18M | 550.22M | 475.64M |
Net interest income | 245.63M | -108.90502M | -811.20275M | -1165.42037M | -956.94090M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 3057.54M | 2698.96M | 2231.86M | 2296.22M | 1858.78M |
Total revenue | 243513.56M | 227556.14M | 209725.82M | 200761.98M | 183316.56M |
Total operating expenses | 58677.84M | 55204.95M | 50064.38M | 49582.16M | 42020.74M |
Cost of revenue | 167223.17M | 156482.66M | 147475.18M | 140868.40M | 130154.14M |
Total other income expense net | -54.17970M | 39.55M | -43.47449M | 181.16M | 238.87M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 14732.18M | 13217.07M | 11322.62M | 12334.39M | 9770.60M |
Net income applicable to common shares | 14710.92M | 13067.04M | 8883.13M | 8206.25M | 7483.66M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 235842.25M | 217459.49M | 203459.50M | 187454.24M | 166699.54M |
Intangible assets | 10660.36M | 9777.50M | 10185.61M | 10880.36M | 9747.63M |
Earning assets | - | - | - | - | - |
Other current assets | 4692.52M | 3918.98M | 3283.89M | 6985.97M | 5079.88M |
Total liab | 141128.71M | 136376.53M | 135348.49M | 122464.38M | 111569.27M |
Total stockholder equity | 93422.65M | 79810.93M | 66816.42M | 47888.32M | 39402.35M |
Deferred long term liab | - | 816.57M | 624.10M | 630.87M | 538.38M |
Other current liab | 35719.66M | 36579.63M | 36643.19M | 26648.44M | 23382.88M |
Common stock | 9446.60M | 9398.70M | 9027.85M | 6579.57M | 6368.42M |
Capital stock | 9446.60M | 9398.70M | 9027.85M | 6579.57M | 6368.42M |
Retained earnings | 57976.94M | 47907.13M | 38445.13M | 32468.12M | 26859.74M |
Other liab | 6080.94M | 6245.38M | 5348.02M | 4593.33M | 5121.12M |
Good will | 23643.60M | 21827.10M | 22518.46M | 23351.73M | 21155.55M |
Other assets | - | 5174.27M | 5134.13M | 4411.45M | 0.00000M |
Cash | 54138.82M | 45857.17M | 46461.33M | 36178.82M | 37456.36M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 118632.42M | 124796.95M | 109392.85M | 95609.74M | 80081.66M |
Current deferred revenue | 33869.23M | 34345.10M | 30531.13M | 26154.38M | 22944.56M |
Net debt | -21785.34574M | -19673.74444M | -10643.07668M | 1984.68M | -3409.42778M |
Short term debt | 15938.13M | 20849.23M | 15210.63M | 15902.19M | 9313.56M |
Short long term debt | 9643.37M | 11226.21M | 7687.91M | 8585.05M | 6298.50M |
Short long term debt total | 32353.47M | 26183.43M | 35818.25M | 38163.50M | 34046.93M |
Other stockholder equity | 25999.10M | 22505.09M | 19343.44M | 8840.63M | 6174.19M |
Property plant equipment | 35048.26M | 29219.83M | 27344.86M | 26305.57M | 21266.60M |
Total current assets | 130382.54M | 123607.78M | 114247.59M | 100547.14M | 94260.33M |
Long term investments | - | - | - | - | - |
Net tangible assets | 59273.17M | 48434.22M | 34300.92M | 13849.52M | 9257.70M |
Short term investments | 519.81M | 2786.08M | 2165.19M | 308.14M | 1775.65M |
Net receivables | 29488.68M | 31182.38M | 32890.21M | 28845.63M | 27571.26M |
Long term debt | 13590.87M | 3373.30M | 18534.92M | 20281.04M | 24733.36M |
Inventory | 41542.71M | 39863.17M | 29446.97M | 28228.60M | 22377.19M |
Accounts payable | 66974.64M | 67368.10M | 57539.03M | 53059.11M | 47385.22M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | - | - | - | - | - |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | - |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 3491.18M | 5873.10M | 4905.67M | 2926.48M | 4608.77M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 105459.71M | 93851.72M | 89211.91M | 86907.09M | 72439.21M |
Capital lease obligations | 2824.48M | 1960.89M | 2072.70M | 1980.27M | - |
Long term debt total | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -8920.32302M | -49.52120M | 2074.36M | -1968.97584M | -2357.41804M |
Change to liabilities | -1292.00362M | 10321.47M | 10072.78M | 6293.41M | 4610.28M |
Total cashflows from investing activities | - | 47.84M | 5952.84M | -10961.58314M | -7649.61883M |
Net borrowings | 2715.30M | -5520.00000M | 5500.00M | -558.78238M | -6733.99392M |
Total cash from financing activities | -3822.12808M | -15641.42814M | -1025.92310M | -6012.96323M | -10489.35352M |
Change to operating activities | 1008.42M | 360.27M | 410.82M | 116.60M | -149.56825M |
Net income | 14732.18M | 13217.07M | 11322.62M | 12334.39M | 9770.60M |
Change in cash | 8171.15M | -684.03489M | 10672.19M | -1597.97836M | 1056.60M |
Begin period cash flow | 45197.66M | 45641.54M | 34962.95M | 36560.93M | 34988.18M |
End period cash flow | 53368.81M | 44957.50M | 45635.13M | 34962.95M | 36044.78M |
Total cash from operating activities | 20153.51M | 23129.64M | 17599.11M | 15082.63M | 18934.25M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 5635.01M | 4803.78M | 4900.72M | 4553.16M | 3099.40M |
Other cashflows from investing activities | 686.45M | 96.63M | 3985.60M | -359.52161M | 440.06M |
Dividends paid | 5134.96M | 4017.66M | 4290.28M | 4204.47M | 3819.92M |
Change to inventory | -2773.68504M | -11473.85638M | -3118.30558M | -3949.03818M | -680.27352M |
Change to account receivables | 1781.28M | 5027.07M | -5382.35590M | -908.45945M | 2056.03M |
Sale purchase of stock | - | - | - | - | - |
Other cashflows from financing activities | 15999.05M | 7926.67M | 26773.01M | 17219.24M | 15748.76M |
Change to netincome | 672.22M | -17250.47873M | -23251.60456M | 660.58M | 2662.31M |
Capital expenditures | 8204.47M | 7372.43M | 7773.72M | 6194.09M | 6757.04M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -2284.40621M | 3874.68M | 1573.67M | 1435.91M | 5925.28M |
Stock based compensation | - | - | - | - | - |
Other non cash items | 2070.72M | 1234.11M | -197.89970M | -3240.82777M | 138.97M |
Free cash flow | 11949.03M | 15757.21M | 9825.39M | 8888.54M | 12177.22M |
Sector: Consumer Cyclical Industry: Furnishings, Fixtures & Appliances
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
HSHCY Haier Smart Home Co. Ltd |
0.76 5.88% | 13.68 | 10.92 | 9.25 | 0.10 | 1.74 | 0.09 | 1.04 |
HRSHF Haier Smart Home Co. Ltd |
0.36 12.06% | 3.35 | 10.36 | 8.90 | 0.10 | 1.68 | 0.08 | 1.00 |
QIHCF Haier Smart Home Co. Ltd |
- -% | 1.59 | 3.77 | 3.10 | 0.10 | 0.58 | 0.02 | 0.27 |
NCLTY Nitori Holdings Co. Ltd |
-0.32 3.05% | 10.17 | 23.73 | 19.38 | 0.02 | 2.36 | 0.02 | 0.11 |
NCLTF Nitori Holdings Co. Ltd |
- -% | 99.47 | 23.08 | 20.04 | 0.02 | 2.44 | 0.02 | 0.11 |
Haier Smart Home Co., Ltd. engages in the research, development, production, and sale of smart home appliances in Asia, Europe, the United States, Australia, Africa, and internationally. The company operates through three segments: China Smart Home Business, Overseas Home Appliance and Smart Home Business, and Other Business. It provides refrigerators, freezers, washing machines, air conditioners, water heaters, water purification products, dishwashers, gas stoves, kitchen appliances, and small home appliances. The company also offers environmental protection and artificial intelligence technology consulting services; software development; technical services and advertising design; IoT technology research and development; computer hardware and software technical services; and smart home appliances, as well as provides asset management and equity investment. In addition, it provides hazardous waste management services; develops, assemblies, and sells plastics and electronic products; develops home appliances, communications, electronic products, and network engineering technologies; and develops and produces precision plastics, sheet metal, molds, and electronic and hardware products. The company was formerly known as Qingdao Haier Co., Ltd. and changed its name to Haier Smart Home Co., Ltd. in June 2019. Haier Smart Home Co., Ltd. was incorporated in 1984 and is headquartered in Qingdao, China.
Haier Information Industry Park, Qingdao, China, 266101
Name | Title | Year Born |
---|---|---|
Mr. Hai Shan Liang | Exec. Chairman | 1966 |
Mr. Huagang Li | CEO & Exec. Director | 1969 |
Mr. Ju Zhi Xie | Exec. Vice Chairman | 1967 |
Mr. Wei Gong | CFO & VP | 1973 |
Anita Sun | Sr. IR Mang. | NA |
Mr. Miao Yu | Legal Mang. & Employee Member of the Supervisory Board | 1982 |
Ms. Li Wang | VP | 1966 |
Ms. Guozhen Ming | Vice GM & Sec. to the Board | 1964 |
Mr. Chi Yin Ng | Company Sec. | 1966 |
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