Huafu Securities: What is the logic behind the boom in home appliance exports? How long can I watch it?
The Zhitong Finance App learned that Huafu Securities released a research report saying that with the elimination of durable goods retail inventories, mainly in the US market, there are signs of recovery in US real estate, and the white electricity and tool categories are expected to benefit; at the same time, the Paris Olympics will open in July, which is expected to drive demand for black electricity. From a long-term perspective, categories such as robot vacuum cleaners and televisions have now gained a certain market share overseas with their respective advantages, and white electric faucets are also gradually promoting independent brands to go overseas through the idea of “localization”, which is expected to improve the profitability and certainty of the export business in the long term. Benefit bonus style
CITIC Construction Investment: Has Baidian's long-term pricing logic changed?
Benchmarking overseas, with the transformation of the valuation system of mature consumer goods companies to a PB-ROE framework, there is still room for improvement in the valuation of the home appliance sector.
An overlooked dark horse racetrack
Why the surge?
League of Nations Securities: A white power leader that looks at export sentiment based on regional fragmentation, continues to focus on steady operation
Domestic sales are resilient, policy-side or flexible under the support of renewal; in the short term, export sales are driven by the recovery in Europe and the US and the boom in emerging markets, or continue to surpass past performance, and the brand's overseas expansion is full of highlights. The focus is on recommending white electric faucets with excellent quality and steady operation.
Zheshang Securities: How do you view the valuation differences between Chinese white electronics giants and overseas leaders?
The Zhitong Finance App learned that Zheshang Securities released a research report saying that the high and stable ROE of white electricity is worth a higher valuation, and the factors that suppress valuation compared to overseas leaders may be resolved in the future. 1) Home appliance companies actively expand their own brands overseas, and future capital expenditure depends on future market share leadership in the local market; 2) Although demand and competition in the air conditioning industry are cyclically disrupted, in the medium to long term, the standard attributes of air conditioners themselves and the bargaining power of leaders in the industrial chain make the industry pattern stable for a long time; 3) Under the economic growth cycle, investors' requirements for certainty increase, and the market moves towards deterministic pricing
Do Haier Smart Home's (SHSE:600690) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Unfortun
Haier Smart Home (06690.HK) held a board meeting on April 29 to consider and approve the first quarter results
Glonghui, April 16 | Haier Smart Home (06690.HK) announced that the company would like to hold a board meeting on April 29, 2024 (Monday) to consider and approve (including) the first quarter results of the company and its subsidiaries for the three months ended March 31, 2024 and their publication.
海爾智家:董事會會議召開日期
China Galaxy Securities: Home appliance exports continue to be strong, performance disclosure window
The boom in the home appliance industry is expected to continue to recover, and current sector valuations still have a margin of safety.
Research Report Nuggets丨Cathay Pacific Junan: Haier Smart Home's 23-year performance is in line with expectations, and the dividend ratio has further increased
According to the Cathay Pacific Junan Research Report, Haier Smart Home (6690.HK)'s 2023 performance was in line with expectations, and the dividend ratio was further increased. It is optimistic that the leading overseas market share will continue to increase and high-end technology will drive improvements in profit efficiency. Maintain an “Overweight” rating. Among the company's five main businesses in 2023, air conditioning revenue was +14% ahead of other sectors compared to the same period last year. In terms of export sales, Europe led the way in growth, revenue +24% year over year, and the US GEA performed steadily. The significant increase in the European market comes from the company's commitment to improving the competitiveness of products and supply chains. The cash dividend ratio has increased, and the future commitment ratio is higher: the company plans to distribute cash points
Guolian Securities Home Appliance 24Q1 Preview: Industry fundamentals may exceed expectations driven by domestic and foreign sales resonance
The Zhitong Finance App learned that Guolian Securities released a 24-year Q1 outlook for the home appliance industry, pointing out that, driven by domestic and foreign sales resonance in the first quarter, the fundamentals of the home appliance industry may exceed expectations; and the “trade-in” policy expectations for home appliances are strong. In the context of the industry embracing the big cycle of renewal, potential stimulus flexibility can be expected; at the same time, the sector's lower valuation level and dividend rate advantage were added to maintain the home appliance sector's “stronger than the market” rating. Continued recommendation: 1) High-quality high-dividend representatives, leading Baidian Midea Group (000333.SZ), Haier Smart Home (600690.SH), Hisense Home Appliances (000921.SZ), Gree Electric
CMB International: Maintaining Haier Smart Home's (06690) “Buy” Rating and Raising the Target Price to HK$31.24
CMB International is confident that Haier Smart Home (06690) will achieve its guiding goals for the 2024 fiscal year.
CITIC Construction Investment: How do you view Baidian's peak season sales and trade-in implementation path?
Starting in April, channels such as Suning/Jingdong/Douyin will join hands with major electronics companies to launch trade-in activities.
[Broker Focus] Sino-Thai International raised the target price of Haier Smart Home (06690) to HK$33.50, and the interest rate exceeded expectations
Jinwu Financial News | Sino-Thai International said that Haier Smart Home (06690) achieved revenue of 261.43 billion yuan (RMB, same below) in 2023, an increase of 7.4% over the previous year, in line with expectations. All categories maintain the trend of increasing revenue. Thanks to continuous improvement in production efficiency, the company's gross margin increased 0.2 percentage points to 31.5%, slightly higher than expected. The company announced a year-end dividend of $0.804, and the dividend ratio increased to 45.0%, higher than expected. According to the bank, companies promoting brand upgrading in the domestic market are deepening multi-brand strategic changes to meet the needs of different user segments in China. Furthermore, high-end brand creation boosts the sea
Investors Shouldn't Be Too Comfortable With Haier Smart Home's (SHSE:600690) Earnings
Haier Smart Home Co., Ltd.'s (SHSE:600690) stock was strong after they recently reported robust earnings. However, we think that shareholders may be missing some concerning details in the numbers.
Haier Smart Home (600690.SH): A total cost of 1.88 billion yuan to buy back 0.883% of the shares
Gelonghui, April 2, 丨 Haier Smart Home (600690.SH) announced that from the start date of implementation of this repurchase (May 16, 2023) to March 31, 2024, the company has repurchased a total of 83,349,394 shares, accounting for 0.883% of the company's total share capital. The highest purchase price was 24.96 yuan/share, the lowest price was 20.15 yuan/share, and the payment amount was 1,879,718,741.02 yuan.
BOC International: The target price of Haier Smart Home (06690) was raised to HK$35.8, and the dividend level exceeded expectations
BOC International expects Haier Smart Home's dividend payout ratio to 50% in 2025 and 2026.
Yamato: Maintaining Haier Smart Home's (06690) “Buy” Rating and Raising the Target Price to HK$33
Haier Smart Home management reiterated the mid-term target of 7% for the overall operating margin in overseas markets.
Haier Smart Home Co., Ltd. (SHSE:600690) Just Released Its Annual Earnings: Here's What Analysts Think
Investors in Haier Smart Home Co., Ltd. (SHSE:600690) had a good week, as its shares rose 6.9% to close at CN¥24.95 following the release of its yearly results. Haier Smart Home reported in line
BOC International: Maintaining Haier Smart Home's (06690) “Buy” Rating and Raising the Target Price to HK$35.8
BOC International believes that Haier Smart Home's (06690) dividend plan that exceeds market expectations will drive the company's stock price performance today.
No Data