Haier Smart Home Co., Ltd. (HRSHF) Stock

About Haier Smart Home Co., Ltd.

Haier Smart Home Co., Ltd. is a prominent global enterprise focused on the research, development, manufacturing, and distribution of intelligent home appliances. Its extensive market reach covers Asia, Europe, North America, Australia, Africa, and various other international regions. The company's operations are strategically divided into three key segments: its core smart home business within China, its international ventures in home appliances and smart home solutions, and a portfolio of other diverse business activities. The company offers a comprehensive range of products, including large appliances such as refrigerators, freezers, washing machines, air conditioners, and water heaters. Its offerings also extend to water purification systems, dishwashers, gas stoves, various kitchen appliances, small household appliances, and integrated smart home ecosystem solutions. Beyond its primary appliance business, Haier Smart Home provides a wide array of services. These include consulting in environmental protection and artificial intelligence technologies, software development, technical support, and advertising design. The company is also involved in Internet of Things (IoT) technology research and development, computer hardware and software technical services, asset management, and equity investments. Furthermore, its activities encompass hazardous waste management, the development, assembly, and sale of plastic and electronic products, and the technological advancement of home appliances, communication devices, electronic goods, and network engineering. This includes the production of precision plastics, sheet metal, molds, and electronic components specifically for the home appliance sector. Originally founded in 1984 and headquartered in Qingdao, China, the company was formerly known as Qingdao Haier Co., Ltd. before adopting its current name, Haier Smart Home Co., Ltd., in June 2019.

Haier Smart Home Co., Ltd. is headquartered in CN.

Haier Smart Home Co., Ltd. (HRSHF) stock trades at $2.95 with a market capitalization of $27.44B. The stock is valued at a price-to-earnings (P/E) ratio of 10.71, price-to-book of 1.62, price-to-sales of 0.68. Over the past 52 weeks the stock has ranged between $2.25 and $3.75, and currently trades 21.3% below its 52-week high. It pays a dividend yielding 8.81%.

On profitability, Haier Smart Home Co., Ltd. generates a return on equity (ROE) of 15.65%, above the typical market average, return on capital employed of 13.02%, an operating margin of 7.12%, a net profit margin of 6.30%.

In its most recent fiscal year, Haier Smart Home Co., Ltd. reported annual revenue of $294.0B, net profit of $19.0B, revenue has compounded at 7.0% a year over the last five years, profit at 16.5% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.57, a current ratio of 1.17, total assets of $295.9B, $47.6B in cash and equivalents.

HRSHF has an average daily trading volume of 2,885 shares, a beta of 0.51 (less volatile than the overall market).

Official website: smart-home.haier.com