Haier Smart Home Co Ltd Class A
600690: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.S | LOCK|?xZn& | LOCK|GwM#!gZ |
Haier Smart Home Earnings: Sales Expansion, Cost Rationalization Lift Bottom Line; Shares Undervalued
Haier Smart Home's solid 2024 results included top-line growth of 4% and operating profit up 15% year on year. In the fourth quarter, domestic home appliance revenue rose over 10% and the sales value of the high-end Casarte brand surged over 30%, supported by new national subsidies.
