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Last $12.46 HKD
Change Today +0.20 / 1.63%
Volume 2.7M
1169 On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
Hong Kong
As of 9:55 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

haier electronics group co (1169) Snapshot

Open
$12.60
Previous Close
$12.26
Day High
$12.64
Day Low
$12.32
52 Week High
04/14/15 - $25.90
52 Week Low
09/2/15 - $11.90
Market Cap
34.8B
Average Volume 10 Days
12.1M
EPS TTM
$0.95
Shares Outstanding
2.8B
EX-Date
07/3/15
P/E TM
10.7x
Dividend
$0.11
Dividend Yield
0.84%
Current Stock Chart for HAIER ELECTRONICS GROUP CO (1169)

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haier electronics group co (1169) Details

Haier Electronics Group Co., Ltd., an investment holding company, engages in the research, development, production, and sale of washing machines and water heaters under the brand name of Haier in the People’s Republic of China. It operates through three segments: Washing Machine Business, Water Heater Business, and Integrated Channel Services. The Washing Machine Business segment manufactures and sells washing machines. The Water Heater Business segment manufactures and sells electric, gas, and solar energy water heaters. The Integrated Channel Services segment provides logistics, after-sale, and other value-added consumer services; and sells and distributes home appliances and other products. The company is also involved in the manufacture and sale of accessories for electrical appliances; online sale of home electric appliances; and provision of furniture design and installation services. The company was founded in 1984 and is headquartered in Qingdao, the People’s Republic of China. Haier Electronics Group Co., Ltd. is a subsidiary of Qingdao Haier Co., Ltd.

16,565 Employees
Last Reported Date: 08/25/15
Founded in 1984

haier electronics group co (1169) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: CNY971.0K
Compensation as of Fiscal Year 2014.

haier electronics group co (1169) Key Developments

Haier Electronics Group Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015; Provides Operating Cash Flows Guidance for the Full Year of 2015

Haier Electronics Group Co., Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, revenue was RMB 31,332,391,000 against RMB 32,937,297,000 a year ago. Profit before tax was RMB 1,399,256,000 against RMB 1,316,335,000 a year ago. Profit for the period attributable to owners of the company was RMB 1,096,814,000 against RMB 977,574,000 a year ago. Diluted earnings per share attributable to ordinary equity holders of the company were 39.77 cents against 35.98 cents a year ago. Net cash flows from operating activities were RMB 865,249,000 against RMB 1,020,107,000 a year ago. Cash payments for capital expenditure items were RMB 522,443,000 against RMB 367,532,000 a year ago. The items of capital expenditure consist of the construction of additional logistics warehouses and the purchases of plant and equipment for capacity expansion. The overall decline of revenue was, on one hand, due to the downward pressure on the overall home appliance industry, the growth of the distribution business in integrated channel services business fell short of expectations. The Group will maintain strong operating cash flows and sources of liquidity in 2015 that are adequate to meet its working capital requirements for the next year, construction of intelligent logistics network and the e-commerce platform, as well as to maintain financial flexibility for future strategic investment opportunities.

Haier to Invest USD 72 Million in US to Expand Operations

Haier's US branch will invest USD 72 million in Camden, the US to expand operations. The new plant's scale of operation will double the existing one and add 400 jobs. The US Department of Commerce said Haier's US branch has invested USD 60 million in South Carolina from 2006 to now. The expansion will significantly increase the company's annual output, reduce the delivery time and achieve fast services.

Haier Electronics Group Co., Ltd. to Report First Half, 2015 Results on Aug 25, 2015

Haier Electronics Group Co., Ltd. announced that they will report first half, 2015 results on Aug 25, 2015

 

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Industry Analysis

1169

Industry Average

Valuation 1169 Industry Range
Price/Earnings 10.7x
Price/Sales 0.4x
Price/Book 2.0x
Price/Cash Flow 10.7x
TEV/Sales 0.2x
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