Hisense Home Appliances Group Co. Ltd (GKE) - Net Assets
Based on the latest financial reports, Hisense Home Appliances Group Co. Ltd (GKE) has net assets worth €23.08 Billion EUR (≈ $26.98 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 (€75.44 Billion ≈ $88.20 Billion USD) and total liabilities (€52.36 Billion ≈ $61.22 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 GKE intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €23.08 Billion |
| % of Total Assets | 30.59% |
| Annual Growth Rate | 17.26% |
| 5-Year Change | 38.03% |
| 10-Year Change | 304.26% |
| Growth Volatility | 14.47 |
Hisense Home Appliances Group Co. Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Hisense Home Appliances Group Co. Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Hisense Home Appliances Group Co. Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hisense Home Appliances Group Co. Ltd (2013–2025)
The table below shows the annual net assets of Hisense Home Appliances Group Co. Ltd from 2013 to 2025. For live valuation and market cap data, see market value of Hisense Home Appliances Group Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €21.52 Billion ≈ $25.16 Billion |
+11.08% |
| 2024-12-31 | €19.37 Billion ≈ $22.65 Billion |
-0.11% |
| 2023-12-31 | €19.40 Billion ≈ $22.68 Billion |
+19.15% |
| 2022-12-31 | €16.28 Billion ≈ $19.03 Billion |
+4.41% |
| 2021-12-31 | €15.59 Billion ≈ $18.23 Billion |
+8.22% |
| 2020-12-31 | €14.41 Billion ≈ $16.84 Billion |
+15.43% |
| 2019-12-31 | €12.48 Billion ≈ $14.59 Billion |
+58.20% |
| 2018-12-31 | €7.89 Billion ≈ $9.22 Billion |
+13.46% |
| 2017-12-31 | €6.95 Billion ≈ $8.13 Billion |
+30.62% |
| 2016-12-31 | €5.32 Billion ≈ $6.22 Billion |
+18.99% |
| 2015-12-31 | €4.47 Billion ≈ $5.23 Billion |
+13.53% |
| 2014-12-31 | €3.94 Billion ≈ $4.61 Billion |
+23.79% |
| 2013-12-31 | €3.18 Billion ≈ $3.72 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hisense Home Appliances Group 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 1352557553956.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €12.79 Billion | 73.20% |
| Other Components | €4.68 Billion | 26.80% |
| Total Equity | €17.47 Billion | 100.00% |
Hisense Home Appliances Group Co. Ltd Competitors by Market Cap
The table below lists competitors of Hisense Home Appliances Group Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qianhe Condiment&Food Co Ltd
SHG:603027
|
$1.53 Billion |
|
China Resources Chemical Innovative Materials Co. Ltd.
SHE:301090
|
$1.53 Billion |
|
Molymet
SN:MOLYMET
|
$1.53 Billion |
|
Storskogen Group AB Series B
ST:STOR-B
|
$1.53 Billion |
|
MeHow Innovative Ltd. A
SHE:301363
|
$1.53 Billion |
|
Compania Nationala de Transport al Energiei Electrice Transelectrica SA
RO:TEL
|
$1.53 Billion |
|
Wondershare Technology Co Ltd Class A
SHE:300624
|
$1.53 Billion |
|
Atalaya Mining Ltd
F:E5S1
|
$1.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hisense Home Appliances Group Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,455,626,607 to 17,469,005,538, a change of 2,013,378,932 (13.0%).
- Net income of 3,186,573,918 contributed positively to equity growth.
- Dividend payments of 1,808,259,561 reduced retained earnings.
- Other factors increased equity by 635,064,575.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.19 Billion | +18.24% |
| Dividends Paid | €1.81 Billion | -10.35% |
| Other Changes | €635.06 Million | +3.64% |
| Total Change | €- | 13.03% |
Book Value vs Market Value Analysis
This analysis compares Hisense Home Appliances Group 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: 0.23x
- 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 0.60x to 0.23x 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 | €4.73 | €2.85 | x |
| 2018-12-31 | €5.39 | €2.85 | x |
| 2019-12-31 | €6.40 | €2.85 | x |
| 2020-12-31 | €7.18 | €2.85 | x |
| 2021-12-31 | €7.59 | €2.85 | x |
| 2022-12-31 | €8.45 | €2.85 | x |
| 2023-12-31 | €9.78 | €2.85 | x |
| 2024-12-31 | €11.15 | €2.85 | x |
| 2025-12-31 | €12.61 | €2.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hisense Home Appliances Group 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): 18.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.62%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 4.01x
- Recent ROE (18.24%) is below the historical average (20.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 44.23% | 4.99% | 2.00x | 4.44x | €940.80 Million |
| 2014 | 19.44% | 2.53% | 2.00x | 3.84x | €326.64 Million |
| 2015 | 14.35% | 2.47% | 1.64x | 3.53x | €175.93 Million |
| 2016 | 22.35% | 4.07% | 1.40x | 3.91x | €600.99 Million |
| 2017 | 30.99% | 5.96% | 1.56x | 3.33x | €1.35 Billion |
| 2018 | 18.74% | 3.82% | 1.65x | 2.97x | €642.27 Million |
| 2019 | 20.57% | 4.79% | 1.10x | 3.90x | €921.51 Million |
| 2020 | 16.15% | 3.26% | 1.16x | 4.28x | €600.97 Million |
| 2021 | 9.40% | 1.44% | 1.21x | 5.41x | €-61.65 Million |
| 2022 | 12.46% | 1.94% | 1.34x | 4.81x | €283.08 Million |
| 2023 | 20.89% | 3.31% | 1.30x | 4.86x | €1.48 Billion |
| 2024 | 21.66% | 3.61% | 1.33x | 4.51x | €1.80 Billion |
| 2025 | 18.24% | 3.62% | 1.26x | 4.01x | €1.44 Billion |
Industry Comparison
This section compares Hisense Home Appliances Group 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: $29,502,631,311
- Average return on equity (ROE) among peers: -6.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hisense Home Appliances Group Co. Ltd (GKE) | €23.08 Billion | 44.23% | 2.27x | $1.53 Billion |
| Haier Smart Home Co Ltd (690D) | $125.98 Billion | 15.52% | 1.35x | $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 |
| HAIER SM.HME UNSP.ADR/4 (HAI0) | $125.98 Billion | 15.52% | 1.35x | $15.17 Billion |
About Hisense Home Appliances Group Co. Ltd
Hisense Home Appliances Group Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of home appliances in the People's Republic of China and internationally. It operates through Air Conditioning Unit, Ice Cleaning Equipment, and Others segments. The company offers HVAC systems, refrigerators, residential air conditioners, central ai… Read more