SHSE:600690

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Executive Summary

Haier Smart Home Co., Ltd. manufactures and distributes home appliances in Mainland China, the United States, Australia, Southeast Asia, Europe, the Middle East, Africa, Japan, and internationally. More Details


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Haier Smart Home's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600690 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 600690's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0.04%

600690

2.3%

CN Consumer Durables

2.0%

CN Market


1 Year Return

61.5%

600690

42.5%

CN Consumer Durables

32.8%

CN Market

Return vs Industry: 600690 exceeded the CN Consumer Durables industry which returned 44.4% over the past year.

Return vs Market: 600690 exceeded the CN Market which returned 33.5% over the past year.


Shareholder returns

600690IndustryMarket
7 Day0.04%2.3%2.0%
30 Day1.7%5.3%3.2%
90 Day28.4%14.5%0.2%
1 Year64.9%61.5%45.8%42.5%35.2%32.8%
3 Year67.3%57.5%53.3%44.5%23.7%17.6%
5 Year204.3%175.7%119.1%99.8%11.0%3.5%

Long-Term Price Volatility Vs. Market

How volatile is Haier Smart Home's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Haier Smart Home undervalued compared to its fair value and its price relative to the market?

25.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600690 (CN¥27.35) is trading above our estimate of fair value (CN¥24.42)

Significantly Below Fair Value: 600690 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600690 is good value based on its PE Ratio (25.9x) compared to the CN Consumer Durables industry average (32.8x).

PE vs Market: 600690 is good value based on its PE Ratio (25.9x) compared to the CN market (38.9x).


Price to Earnings Growth Ratio

PEG Ratio: 600690 is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: 600690 is overvalued based on its PB Ratio (3.6x) compared to the CN Consumer Durables industry average (3.2x).


Next Steps

Future Growth

How is Haier Smart Home forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600690's forecast earnings growth (12.6% per year) is above the savings rate (3.3%).

Earnings vs Market: 600690's earnings (12.6% per year) are forecast to grow slower than the CN market (24.5% per year).

High Growth Earnings: 600690's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600690's revenue (7.7% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 600690's revenue (7.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600690's Return on Equity is forecast to be low in 3 years time (16.1%).


Next Steps

Past Performance

How has Haier Smart Home performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600690 has high quality earnings.

Growing Profit Margin: 600690's current net profit margins (3.4%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: 600690's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: 600690's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600690 had negative earnings growth (-22.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (6.9%).


Return on Equity

High ROE: 600690's Return on Equity (13.5%) is considered low.


Next Steps

Financial Health

How is Haier Smart Home's financial position?


Financial Position Analysis

Short Term Liabilities: 600690's short term assets (CN¥111.5B) exceed its short term liabilities (CN¥103.3B).

Long Term Liabilities: 600690's short term assets (CN¥111.5B) exceed its long term liabilities (CN¥28.6B).


Debt to Equity History and Analysis

Debt Level: 600690's debt to equity ratio (54.9%) is considered high.

Reducing Debt: 600690's debt to equity ratio has increased from 6.5% to 54.9% over the past 5 years.

Debt Coverage: 600690's debt is well covered by operating cash flow (32.8%).

Interest Coverage: 600690 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Haier Smart Home current dividend yield, its reliability and sustainability?

1.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600690's dividend (1.37%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).

High Dividend: 600690's dividend (1.37%) is low compared to the top 25% of dividend payers in the CN market (1.62%).


Stability and Growth of Payments

Stable Dividend: 600690's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600690's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.6%), 600690's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 600690's dividends in 3 years are forecast to be well covered by earnings (43.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.2yrs

Average management tenure


CEO

Hai Shan Liang (54 yo)

7.67yrs

Tenure

CN¥23,265,000

Compensation

Mr. Liang Hai Shan serves as Executive President and the Deputy Chairman of the board of Haier Group. Mr. Liang serves as the Chairman of the Board of Directors and Chief Executive Officer at Haier Smart H...


CEO Compensation Analysis

Compensation vs Market: Hai Shan's total compensation ($USD3.55M) is above average for companies of similar size in the CN market ($USD372.97K).

Compensation vs Earnings: Hai Shan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Hai Shan Liang
Chairman & CEO7.67yrsCN¥23.27m0.23%
CN¥ 413.5m
Wei Gong
CFO & VP7.67yrsCN¥650.00k0.026%
CN¥ 47.8m
Huagang Li
GM & Directorno dataCN¥3.44m0.011%
CN¥ 19.3m
Guozhen Ming
VP & Secretary to the Board10.5yrsCN¥600.00k0.019%
CN¥ 35.3m
Anita Sun
Senior IR Managerno datano datano data
Miao Yu
Legal Manager & Employee Member of the Supervisory Board1.92yrsno datano data

8.2yrs

Average Tenure

51yo

Average Age

Experienced Management: 600690's management team is seasoned and experienced (8.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hai Shan Liang
Chairman & CEO7.67yrsCN¥23.27m0.23%
CN¥ 413.5m
Huagang Li
GM & Directorno dataCN¥3.44m0.011%
CN¥ 19.3m
Miao Yu
Legal Manager & Employee Member of the Supervisory Board1.92yrsno datano data
Changqi Wu
Director7.67yrsCN¥200.00kno data
Li Xia Tan
Vice Presidentno dataCN¥17.06m0.13%
CN¥ 236.5m
Pei Hua Wang
Chairman of the Supervisory Board7.67yrsno data0.0024%
CN¥ 4.5m
Guoqing Ming
Member of the Supervisory Board7.67yrsno data0.0016%
CN¥ 2.9m
Deming Dai
Independent Director5.5yrsCN¥200.00kno data
Hak Kun Wong
Independent Director0.50yrno datano data
Sui Lin
Directorno dataCN¥75.00kno data
Yan Yan
Directorno dataCN¥75.00kno data
Daqun Qian
Independent Director1.5yrsCN¥75.00kno data

6.6yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 600690's board of directors are considered experienced (6.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.


Top Shareholders

Company Information

Haier Smart Home Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Haier Smart Home Co., Ltd.
  • Ticker: 600690
  • Exchange: SHSE
  • Founded: 1984
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: CN¥182.320b
  • Shares outstanding: 6.58b
  • Website: https://www.haier.net

Number of Employees


Location

  • Haier Smart Home Co., Ltd.
  • Haier Industrial Park Road
  • Laoshan District
  • Qingdao
  • Shandong Province
  • 266101
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600690SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYDec 1995
600690XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYDec 1995
690DDB (Deutsche Boerse AG)CNY1DEEUROct 2018
690DXTRA (XETRA Trading Platform)CNY1DEEUROct 2018

Biography

Haier Smart Home Co., Ltd. manufactures and distributes home appliances in Mainland China, the United States, Australia, Southeast Asia, Europe, the Middle East, Africa, Japan, and internationally. The com...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 09:10
End of Day Share Price2020/12/03 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.