Hisense Home Appliances Group Co Ltd
SZSE:000921

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Hisense Home Appliances Group Co Ltd Logo
Hisense Home Appliances Group Co Ltd
SZSE:000921
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Price: 31.3 CNY -0.03% Market Closed
Market Cap: 42.6B CNY
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Gross Margin
Hisense Home Appliances Group Co Ltd

20.8%
Current
20%
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
20.8%
=
Gross Profit
19B
/
Revenue
91.3B

Gross Margin Across Competitors

Country CN
Market Cap 43.4B CNY
Gross Margin
21%
Country CN
Market Cap 580.5B CNY
Gross Margin
27%
Country CN
Market Cap 269.1B CNY
Gross Margin
31%
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 43.1B 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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Hisense Home Appliances Group Co Ltd
Glance View

Market Cap
43.4B CNY
Industry
Consumer products

In the bustling landscape of global home appliances, Hisense Home Appliances Group Co., Ltd. stands as a testament to China's innovative push into household technology and consumer electronics. Established as a subsidiary of the broader Hisense Group, the company has carved out a significant niche in the production and distribution of a wide range of home appliances including refrigerators, air conditioners, washing machines, and kitchen appliances. Originally founded in the port city of Qingdao, Hisense Home Appliances has expanded its reach globally through a combination of strategic acquisitions and partnerships, driving its growth well beyond the domestic market. This international reach is characterized by both manufacturing and tailored product designs, meeting varying consumer needs across different geographies. Operating within a highly competitive sector, Hisense Home Appliances leverages advanced technology and efficiency-driven manufacturing processes to produce cost-effective products without compromising quality. The company's revenue model is primarily driven by the direct sale of these appliances, along with a growing interest in offering integrated smart home solutions. Hisense's steady focus on innovation is evident in its investment in research and development, aiming to incorporate AI and Internet of Things (IoT) functionalities into its product lines, thus aligning with modern consumer demands for interconnected living spaces. Through a combination of aggressive market entry strategies and a commitment to technological advancement, Hisense not only captures a significant share of the global appliances market but also continuously reinvents its product offerings to stay ahead in the rapidly evolving landscape of consumer electronics.

Intrinsic Value
60.17 CNY
Undervaluation 48%
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
20.8%
=
Gross Profit
19B
/
Revenue
91.3B
What is the Gross Margin of Hisense Home Appliances Group Co Ltd?

Based on Hisense Home Appliances Group Co Ltd's most recent financial statements, the company has Gross Margin of 20.8%.