Haier Smart Home Co Ltd (690D) - Net Assets
Based on the latest financial reports, Haier Smart Home Co Ltd (690D) has net assets worth €134.79 Billion EUR (≈ $157.59 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€300.58 Billion ≈ $351.40 Billion USD) and total liabilities (€165.78 Billion ≈ $193.82 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 690D tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €134.79 Billion |
| % of Total Assets | 44.85% |
| Annual Growth Rate | 13.19% |
| 5-Year Change | 55.37% |
| 10-Year Change | N/A |
| Growth Volatility | 5.15 |
Haier Smart Home Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Haier Smart Home Co Ltd's net assets have evolved over time, based on quarterly financial data. See Haier Smart Home Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Haier Smart Home Co Ltd (2017–2025)
The table below shows the annual net assets of Haier Smart Home Co Ltd from 2017 to 2025. For live valuation and market cap data, see 690D market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €125.98 Billion ≈ $147.28 Billion |
+6.41% |
| 2024-12-31 | €118.39 Billion ≈ $138.41 Billion |
+11.78% |
| 2023-12-31 | €105.91 Billion ≈ $123.82 Billion |
+11.82% |
| 2022-12-31 | €94.71 Billion ≈ $110.73 Billion |
+16.81% |
| 2021-12-31 | €81.08 Billion ≈ $94.79 Billion |
+19.05% |
| 2020-12-31 | €68.11 Billion ≈ $79.63 Billion |
+4.80% |
| 2019-12-31 | €64.99 Billion ≈ $75.98 Billion |
+17.88% |
| 2018-12-31 | €55.13 Billion ≈ $64.45 Billion |
+17.93% |
| 2017-12-31 | €46.75 Billion ≈ $54.66 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Haier Smart Home Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 257.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €87.49 Billion | 73.70% |
| Other Components | €31.21 Billion | 26.30% |
| Total Equity | €118.70 Billion | 100.00% |
Haier Smart Home Co Ltd Competitors by Market Cap
The table below lists competitors of Haier Smart Home Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gloria Material Technology
TWO:5009
|
$606.93 Million |
|
Farglory FTZ Investment Holding Co Ltd
TW:5607
|
$607.07 Million |
|
Yongji Printing Co Ltd
SHG:603058
|
$607.43 Million |
|
Rongcheer Industrial Technology (Suzhou) Co. Ltd. A
SHE:301360
|
$607.96 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
$606.31 Million |
|
Anhui Landun Photoelectron Co Ltd
SHE:300862
|
$606.23 Million |
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
$605.97 Million |
|
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd
SHG:600379
|
$605.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haier Smart Home Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 111,366,118,999 to 118,698,401,417, a change of 7,332,282,417 (6.6%).
- Net income of 19,552,798,223 contributed positively to equity growth.
- Dividend payments of 13,873,428,691 reduced retained earnings.
- Other factors increased equity by 1,652,912,885.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €19.55 Billion | +16.47% |
| Dividends Paid | €13.87 Billion | -11.69% |
| Other Changes | €1.65 Billion | +1.39% |
| Total Change | €- | 6.58% |
Book Value vs Market Value Analysis
This analysis compares Haier Smart Home Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.15x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.36x to 0.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.28 | €1.91 | x |
| 2018-12-31 | €6.46 | €1.91 | x |
| 2019-12-31 | €7.59 | €1.91 | x |
| 2020-12-31 | €7.63 | €1.91 | x |
| 2021-12-31 | €8.74 | €1.91 | x |
| 2022-12-31 | €10.18 | €1.91 | x |
| 2023-12-31 | €11.29 | €1.91 | x |
| 2024-12-31 | €12.22 | €1.91 | x |
| 2025-12-31 | €13.03 | €1.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haier Smart Home Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.47%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 2.49x
- Recent ROE (16.47%) is below the historical average (16.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 21.50% | 4.35% | 1.05x | 4.70x | €3.70 Billion |
| 2018 | 18.88% | 4.06% | 1.10x | 4.23x | €3.50 Billion |
| 2019 | 17.14% | 4.09% | 1.07x | 3.91x | €3.42 Billion |
| 2020 | 13.29% | 4.23% | 1.03x | 3.05x | €2.19 Billion |
| 2021 | 16.37% | 5.74% | 1.05x | 2.72x | €5.09 Billion |
| 2022 | 15.75% | 6.04% | 1.03x | 2.52x | €5.37 Billion |
| 2023 | 16.03% | 6.05% | 1.08x | 2.45x | €6.25 Billion |
| 2024 | 16.82% | 6.55% | 0.99x | 2.61x | €7.59 Billion |
| 2025 | 16.47% | 6.47% | 1.02x | 2.49x | €7.68 Billion |
Industry Comparison
This section compares Haier Smart Home Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $15,858,890,913
- Average return on equity (ROE) among peers: -3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haier Smart Home Co Ltd (690D) | €134.79 Billion | 21.50% | 1.23x | $606.57 Million |
| Haier Smart Home Co Ltd (690D) | $568.18 Million | 12.23% | 0.31x | $611.13 Million |
| POZZI MILANO S.P.A. (7TL) | $8.58 Million | 12.72% | 0.90x | $15.26 Million |
| A.S. Création Tapeten AG (ACWN) | $75.72 Million | -23.47% | 0.73x | $21.08 Million |
| MASTERBRAND INC. DL-001 (D55) | $1.19 Billion | 15.25% | 1.00x | $806.30 Million |
| DOREL INDS INC. B (DO4B) | $224.70 Million | -27.75% | 3.45x | $32.26 Million |
| DOREL INDS INC. A (DO4C) | $224.70 Million | -27.75% | 3.45x | $5.17 Million |
| ELECTROLUX B ADR/2 SK 5 (ELXA) | $11.27 Billion | -46.36% | 9.65x | $1.57 Billion |
| Hisense Home Appliances Group Co. Ltd (GKE) | $3.18 Billion | 38.19% | 2.83x | $1.53 Billion |
| HAIER SM.HME UNSP.ADR/4 (HAI0) | $125.98 Billion | 15.52% | 1.35x | $15.17 Billion |
About Haier Smart Home Co Ltd
Haier Smart Home Co., Ltd. engages in the research, development, production, and sales of smart home appliances. It operates through five segments: Home Cooking Solutions; Air Energy Solutions; Household Laundry and Care of Washing Machines and Dyers; Whole-Home Water Solutions; and Other Businesses. The company provides refrigerators/freezers, air conditioners, water heaters, laundry equipment, … Read more