Earnings Alerts

Haier Smart Home (600690) Earnings: 1H Net Income Aligns with Estimates at 10.42 Billion Yuan

  • Haier Smart Home‘s net income for the first half of 2024 was 10.42 billion yuan, aligning closely with the estimated 10.32 billion yuan.
  • The company’s revenue was recorded at 135.62 billion yuan, slightly missing the estimate of 139.77 billion yuan.
  • Haier Smart Home‘s earnings per share (EPS) stood at 1.12 yuan.
  • The gross profit margin for the period was 30.6%.
  • Analyst sentiment remained positive with 41 buys, 1 hold, and no sell recommendations.

A look at Haier Smart Home Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

The long-term outlook for Haier Smart Home, based on its Smartkarma Smart Scores, appears promising. With solid scores in Growth, Dividend, and Momentum, the company is positioned well for future success. Haier Smart Home‘s emphasis on innovation and technological advancement has helped drive its momentum score to the highest level, indicating strong market performance potential. Additionally, the company’s focus on delivering dividends and maintaining growth further enhances its attractiveness to investors.

Haier Smart Home Co. Ltd., known for manufacturing and distributing a wide range of appliances, has shown resilience in its operations, earning a respectable score in that category. While the Value score is moderate, the overall outlook remains positive, bolstered by the company’s competitive position in the industry. With a diversified product portfolio and a strong presence in both domestic and international markets, Haier Smart Home stands out as a promising investment opportunity for those seeking long-term growth and stability.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars