Haier Smart Home Co Ltd
SSE:600690

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Haier Smart Home Co Ltd
SSE:600690
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Price: 28.51 CNY 3% Market Closed
Market Cap: 261.4B CNY
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Gross Margin
Haier Smart Home Co Ltd

31.2%
Current
31%
Average
31.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
31.2%
=
Gross Profit
82.9B
/
Revenue
265.7B

Gross Margin Across Competitors

Country CN
Market Cap 269.1B CNY
Gross Margin
31%
Country CN
Market Cap 580.5B CNY
Gross Margin
27%
Country CN
Market Cap 257.1B CNY
Gross Margin
31%
Country US
Market Cap 14.4B USD
Gross Margin
48%
Country US
Market Cap 6.3B USD
Gross Margin
15%
Country CN
Market Cap 43.6B CNY
Gross Margin
25%
Country CN
Market Cap 43.4B CNY
Gross Margin
21%
Country CN
Market Cap 43.1B CNY
Gross Margin
54%
Country CN
Market Cap 38.5B CNY
Gross Margin
32%
Country FR
Market Cap 4.7B EUR
Gross Margin
40%
Country IT
Market Cap 4.5B EUR
Gross Margin
56%
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Haier Smart Home Co Ltd
Glance View

Market Cap
269.1B CNY
Industry
Consumer products

Haier Smart Home Co Ltd, a beacon in the global consumer electronics and home appliance sector, emerged from modest beginnings in Qingdao, China, to become a recognized leader renowned for its innovative ethos. From manufacturing refrigerators to becoming a multifaceted conglomerate, Haier's transformation echoes a narrative of strategic nimbleness and consumer-centric innovation. The company is renowned for its "Rendanheyi" management model, which places high value on integrating customer needs with employee performance. By leveraging advanced Internet of Things (IoT) technologies, Haier has seamlessly fused physical products with digital services, creating a smart ecosystem that redefines user experiences in home living. This adaptive model allows Haier to offer a personalized and interconnected range of products, extending beyond conventional appliances to smart homes and even into smart healthcare solutions. In terms of its revenue streams, Haier has masterfully diversified its portfolio, balancing its home appliance offerings with an expanding array of intelligent solutions. The company’s income is predominantly driven by its extensive smart home appliance range, which includes everything from smart refrigerators to washing machines. But it doesn’t stop at mere sales; Haier utilizes a robust after-sales service and a dynamic distribution network spanning various geographical markets, ensuring sustained customer engagement and loyalty. By capitalizing on its strong brand recognition and an efficient supply chain, Haier scales its operations effectively in both domestic and international markets. Moreover, its emphasis on digitization and connectivity allows for a recurring revenue model through managed services, software integration, and digital upgrades, securing its place as an avant-garde contender in the global smart home landscape.

Intrinsic Value
45.59 CNY
Undervaluation 37%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
31.2%
=
Gross Profit
82.9B
/
Revenue
265.7B
What is the Gross Margin of Haier Smart Home Co Ltd?

Based on Haier Smart Home Co Ltd's most recent financial statements, the company has Gross Margin of 31.2%.