Haier's first-half revenue fell 3% and operating profit dipped 1% year on year. Strong sales growth in select overseas markets partly offset a 5% decline domestically. Operating margin was resilient, supported by a higher mix of premium products and tighter control of raw material costs.
Faster-evolving upgrade and replacement demand trends globally should bode well for Haier’s sales and earnings growth.
China’s worsening real estate industry will weigh on Haier’s domestic home appliances demand.
|
Metric
|
600690
|
000333
|
000651
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.76 | 16.16 | 7.75 |
Price/Book Value | 1.63 | 3.05 | 1.44 |
Price/Sales | 0.67 | 1.38 | 1.31 |
Price/Cash Flow | 6.84 | 13.59 | 5.64 |
|
Metric
|
600690
|
000333
|
000651
|
|---|---|---|---|
Quick Ratio | 0.69 | 0.47 | 0.80 |
Current Ratio | 1.13 | 1.15 | 1.08 |
Interest Coverage | 10.06 | 24.40 | 19.60 |
|
Metric
|
600690
|
000333
|
000651
|
|---|---|---|---|
Return on Assets (Normalized) | 5.34% | 5.50% | 6.66% |
Return on Equity (Normalized) | 13.76% | 15.93% | 18.47% |
Return on Invested Capital (Normalized) | 9.69% | 9.59% | 10.16% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States