Haier Smart Home Co. Ltd
Haier Smart Home Co., Ltd. engages in the research, development, production, and sales of smart home appliances. The company provides refrigerators/freezers, washing machines, dryer, air conditioners, water heaters, laundry equipment, kitchen and small appliances, and smart home solutions. It offers logistics services, gold-plated products, fluorine-free refrigerators, mould and process equipment… Read more
Haier Smart Home Co. Ltd (HSHCY) - Net Assets
Latest net assets as of September 2025: $126.88 Billion USD
Based on the latest financial reports, Haier Smart Home Co. Ltd (HSHCY) has net assets worth $126.88 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($291.58 Billion) and total liabilities ($164.70 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $126.88 Billion |
| % of Total Assets | 43.52% |
| Annual Growth Rate | 18.8% |
| 5-Year Change | 73.82% |
| 10-Year Change | 265.37% |
| Growth Volatility | 19.11 |
Haier Smart Home Co. Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Haier Smart Home Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Haier Smart Home Co. Ltd (1993–2024)
The table below shows the annual net assets of Haier Smart Home Co. Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $118.39 Billion | +11.78% |
| 2023-12-31 | $105.91 Billion | +11.82% |
| 2022-12-31 | $94.71 Billion | +16.81% |
| 2021-12-31 | $81.08 Billion | +19.05% |
| 2020-12-31 | $68.11 Billion | +4.80% |
| 2019-12-31 | $64.99 Billion | +17.88% |
| 2018-12-31 | $55.13 Billion | +17.93% |
| 2017-12-31 | $46.75 Billion | +24.40% |
| 2016-12-31 | $37.58 Billion | +15.98% |
| 2015-12-31 | $32.40 Billion | +11.27% |
| 2014-12-31 | $29.12 Billion | +45.64% |
| 2013-12-31 | $19.99 Billion | +29.61% |
| 2012-12-31 | $15.43 Billion | +33.69% |
| 2011-12-31 | $11.54 Billion | +21.61% |
| 2010-12-31 | $9.49 Billion | +8.42% |
| 2009-12-31 | $8.75 Billion | +13.65% |
| 2008-12-31 | $7.70 Billion | +9.14% |
| 2007-12-31 | $7.06 Billion | +11.47% |
| 2006-12-31 | $6.33 Billion | +4.55% |
| 2005-12-31 | $6.05 Billion | -1.98% |
| 2004-12-31 | $6.18 Billion | +5.84% |
| 2003-12-31 | $5.84 Billion | +6.28% |
| 2002-12-31 | $5.49 Billion | +3.08% |
| 2001-12-31 | $5.33 Billion | +66.07% |
| 2000-12-31 | $3.21 Billion | +13.98% |
| 1999-12-31 | $2.81 Billion | +36.18% |
| 1998-12-31 | $2.07 Billion | +16.73% |
| 1997-12-31 | $1.77 Billion | +88.32% |
| 1996-12-31 | $940.13 Million | +43.51% |
| 1995-12-31 | $655.08 Million | -1.42% |
| 1994-12-31 | $664.51 Million | +16.95% |
| 1993-12-31 | $568.18 Million | -- |
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 113959.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $79.29 Billion | 71.20% |
| Common Stock | $9.38 Billion | 8.43% |
| Other Components | $22.70 Billion | 20.38% |
| Total Equity | $111.37 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 |
|---|---|
|
Old Dominion Freight Line Inc
NASDAQ:ODFL
|
$35.39 Billion |
|
Sun Life Financial Inc.
NYSE:SLF
|
$35.40 Billion |
|
Cognizant Technology Solutions Corporation
SA:CTSH34
|
$35.48 Billion |
|
Take-Two Interactive Software Inc
NASDAQ:TTWO
|
$35.73 Billion |
|
Hyundai Motor Co Pref
KO:005387
|
$35.10 Billion |
|
Hyundai Motor Co. Ltd. Pfd. Series 1
KO:005385
|
$35.10 Billion |
|
East Money Information Co Ltd
SHE:300059
|
$34.88 Billion |
|
Martin Marietta Materials Inc
NYSE:MLM
|
$34.84 Billion |
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 2023 to 2024, total equity changed from 103,514,153,535 to 111,366,119,000, a change of 7,851,965,465 (7.6%).
- Net income of 18,741,120,000 contributed positively to equity growth.
- Dividend payments of 9,981,640,000 reduced retained earnings.
- Share repurchases of 559,346,000 reduced equity.
- Other comprehensive income decreased equity by 8,645,265,728.
- Other factors increased equity by 8,297,097,193.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.74 Billion | +16.83% |
| Dividends Paid | $9.98 Billion | -8.96% |
| Share Repurchases | $559.35 Million | -0.5% |
| Other Comprehensive Income | $-8.65 Billion | -7.76% |
| Other Changes | $8.30 Billion | +7.45% |
| Total Change | $- | 7.59% |
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: 0.25x
- 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 27.75x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.42 | $11.77 | x |
| 1994-12-31 | $0.50 | $11.77 | x |
| 1995-12-31 | $0.46 | $11.77 | x |
| 1996-12-31 | $0.68 | $11.77 | x |
| 1997-12-31 | $1.19 | $11.77 | x |
| 1998-12-31 | $1.39 | $11.77 | x |
| 1999-12-31 | $1.93 | $11.77 | x |
| 2000-12-31 | $2.16 | $11.77 | x |
| 2001-12-31 | $3.68 | $11.77 | x |
| 2002-12-31 | $3.80 | $11.77 | x |
| 2003-12-31 | $4.02 | $11.77 | x |
| 2004-12-31 | $4.27 | $11.77 | x |
| 2005-12-31 | $4.18 | $11.77 | x |
| 2006-12-31 | $4.32 | $11.77 | x |
| 2007-12-31 | $4.71 | $11.77 | x |
| 2008-12-31 | $5.06 | $11.77 | x |
| 2009-12-31 | $5.75 | $11.77 | x |
| 2010-12-31 | $5.23 | $11.77 | x |
| 2011-12-31 | $6.18 | $11.77 | x |
| 2012-12-31 | $8.27 | $11.77 | x |
| 2013-12-31 | $10.62 | $11.77 | x |
| 2014-12-31 | $15.25 | $11.77 | x |
| 2015-12-31 | $14.89 | $11.77 | x |
| 2016-12-31 | $17.24 | $11.77 | x |
| 2017-12-31 | $20.24 | $11.77 | x |
| 2018-12-31 | $25.04 | $11.77 | x |
| 2019-12-31 | $28.29 | $11.77 | x |
| 2020-12-31 | $40.19 | $11.77 | x |
| 2021-12-31 | $34.17 | $11.77 | x |
| 2022-12-31 | $39.56 | $11.77 | x |
| 2023-12-31 | $44.41 | $11.77 | x |
| 2024-12-31 | $48.01 | $11.77 | 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): 16.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.55%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.61x
- Recent ROE (16.83%) is above the historical average (16.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 12.23% | 8.74% | 1.07x | 1.31x | $12.69 Million |
| 1994 | 14.51% | 10.40% | 1.15x | 1.21x | $29.95 Million |
| 1995 | 19.09% | 7.66% | 1.57x | 1.59x | $55.87 Million |
| 1996 | 19.67% | 6.74% | 2.01x | 1.45x | $87.62 Million |
| 1997 | 15.34% | 6.39% | 1.13x | 2.12x | $85.15 Million |
| 1998 | 14.74% | 7.17% | 1.11x | 1.86x | $88.18 Million |
| 1999 | 12.03% | 7.82% | 1.05x | 1.46x | $52.34 Million |
| 2000 | 14.67% | 8.78% | 1.20x | 1.40x | $135.02 Million |
| 2001 | 12.53% | 5.40% | 1.65x | 1.41x | $124.62 Million |
| 2002 | 7.80% | 3.44% | 1.56x | 1.45x | $-111.93 Million |
| 2003 | 6.85% | 3.16% | 1.59x | 1.37x | $-169.94 Million |
| 2004 | 6.46% | 2.41% | 2.15x | 1.24x | $-202.42 Million |
| 2005 | 4.27% | 1.45% | 2.44x | 1.21x | $-320.74 Million |
| 2006 | 5.43% | 1.60% | 2.31x | 1.47x | $-264.68 Million |
| 2007 | 10.20% | 2.18% | 2.63x | 1.77x | $12.72 Million |
| 2008 | 11.34% | 2.53% | 2.49x | 1.81x | $90.78 Million |
| 2009 | 14.89% | 3.49% | 1.88x | 2.27x | $377.40 Million |
| 2010 | 28.98% | 3.36% | 2.07x | 4.17x | $1.33 Billion |
| 2011 | 32.26% | 3.65% | 1.85x | 4.76x | $1.86 Billion |
| 2012 | 29.38% | 4.09% | 1.61x | 4.46x | $2.16 Billion |
| 2013 | 28.81% | 4.82% | 1.42x | 4.22x | $2.72 Billion |
| 2014 | 22.86% | 5.62% | 1.18x | 3.43x | $2.81 Billion |
| 2015 | 18.95% | 4.79% | 1.18x | 3.35x | $2.03 Billion |
| 2016 | 19.10% | 4.23% | 0.91x | 4.98x | $2.40 Billion |
| 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 | 25.76% | 6.14% | 1.07x | 3.91x | $7.55 Billion |
| 2020 | 13.29% | 4.24% | 1.03x | 3.05x | $2.20 Billion |
| 2021 | 16.39% | 5.75% | 1.05x | 2.72x | $5.10 Billion |
| 2022 | 15.75% | 6.04% | 1.03x | 2.52x | $5.37 Billion |
| 2023 | 16.03% | 6.35% | 1.03x | 2.45x | $6.25 Billion |
| 2024 | 16.83% | 6.55% | 0.99x | 2.61x | $7.60 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: $264,634,611
- Average return on equity (ROE) among peers: -5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haier Smart Home Co. Ltd (HSHCY) | $126.88 Billion | 12.23% | 1.30x | $35.16 Billion |
| American Woodmark Corporation (AMWD) | $581.66 Million | 10.86% | 1.83x | $572.47 Million |
| Aterian Inc (ATER) | $224.23 Million | -105.26% | 0.40x | $3.15 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Bassett Furniture Industries (BSET) | $298.90 Million | 7.66% | 0.16x | $108.92 Million |
| Breville Group Limited (BVILF) | $150.22 Million | 15.03% | 0.59x | $2.02 Billion |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $117.97 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.18 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.93 |
| De'Longhi S.p.A (DELHF) | $1.07 Billion | 17.33% | 0.99x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $4.10 Million | 13.94% | 0.59x | $7.42K |