Qingdao Haier Co Ltd (600690) - Net Assets

Latest as of December 2025: CN¥127.42 Billion CNY ≈ $18.65 Billion USD

Based on the latest financial reports, Qingdao Haier Co Ltd (600690) has net assets worth CN¥127.42 Billion CNY (≈ $18.65 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥295.80 Billion ≈ $43.28 Billion USD) and total liabilities (CN¥168.38 Billion ≈ $24.64 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 Qingdao Haier Co Ltd (600690) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥127.42 Billion
% of Total Assets 43.08%
Annual Growth Rate 18.43%
5-Year Change 57.15%
10-Year Change 239.06%
Growth Volatility 18.93

Qingdao Haier Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Qingdao Haier Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Qingdao Haier Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Qingdao Haier Co Ltd (1993–2025)

The table below shows the annual net assets of Qingdao Haier Co Ltd from 1993 to 2025. For live valuation and market cap data, see how much is Qingdao Haier Co Ltd worth.

Year Net Assets Change
2025-12-31 CN¥127.42 Billion
≈ $18.65 Billion		 +7.63%
2024-12-31 CN¥118.39 Billion
≈ $17.32 Billion		 +11.78%
2023-12-31 CN¥105.91 Billion
≈ $15.50 Billion		 +11.82%
2022-12-31 CN¥94.71 Billion
≈ $13.86 Billion		 +16.81%
2021-12-31 CN¥81.08 Billion
≈ $11.86 Billion		 +19.05%
2020-12-31 CN¥68.11 Billion
≈ $9.97 Billion		 +4.80%
2019-12-31 CN¥64.99 Billion
≈ $9.51 Billion		 +17.88%
2018-12-31 CN¥55.13 Billion
≈ $8.07 Billion		 +17.93%
2017-12-31 CN¥46.75 Billion
≈ $6.84 Billion		 +24.40%
2016-12-31 CN¥37.58 Billion
≈ $5.50 Billion		 +15.98%
2015-12-31 CN¥32.40 Billion
≈ $4.74 Billion		 +11.27%
2014-12-31 CN¥29.12 Billion
≈ $4.26 Billion		 +45.64%
2013-12-31 CN¥19.99 Billion
≈ $2.93 Billion		 +29.61%
2012-12-31 CN¥15.43 Billion
≈ $2.26 Billion		 +33.69%
2011-12-31 CN¥11.54 Billion
≈ $1.69 Billion		 +21.61%
2010-12-31 CN¥9.49 Billion
≈ $1.39 Billion		 +8.42%
2009-12-31 CN¥8.75 Billion
≈ $1.28 Billion		 +13.65%
2008-12-31 CN¥7.70 Billion
≈ $1.13 Billion		 +9.14%
2007-12-31 CN¥7.06 Billion
≈ $1.03 Billion		 +11.47%
2006-12-31 CN¥6.33 Billion
≈ $926.28 Million		 +4.55%
2005-12-31 CN¥6.05 Billion
≈ $885.95 Million		 -1.98%
2004-12-31 CN¥6.18 Billion
≈ $903.85 Million		 +5.84%
2003-12-31 CN¥5.84 Billion
≈ $853.97 Million		 +6.28%
2002-12-31 CN¥5.49 Billion
≈ $803.51 Million		 +3.08%
2001-12-31 CN¥5.33 Billion
≈ $779.49 Million		 +66.07%
2000-12-31 CN¥3.21 Billion
≈ $469.38 Million		 +13.98%
1999-12-31 CN¥2.81 Billion
≈ $411.81 Million		 +36.18%
1998-12-31 CN¥2.07 Billion
≈ $302.41 Million		 +16.73%
1997-12-31 CN¥1.77 Billion
≈ $259.07 Million		 +88.32%
1996-12-31 CN¥940.13 Million
≈ $137.57 Million		 +43.51%
1995-12-31 CN¥655.08 Million
≈ $95.86 Million		 -1.42%
1994-12-31 CN¥664.51 Million
≈ $97.24 Million		 +16.95%
1993-12-31 CN¥568.18 Million
≈ $83.14 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Qingdao Haier 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 125753.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥87.49 Billion 73.70%
Common Stock CN¥9.38 Billion 7.90%
Other Comprehensive Income CN¥7.86 Billion 6.62%
Other Components CN¥13.98 Billion 11.78%
Total Equity CN¥118.70 Billion 100.00%

Qingdao Haier Co Ltd Competitors by Market Cap

The table below lists competitors of Qingdao Haier Co Ltd ranked by their market capitalization.

Company Market Cap
EXACT Sciences Corporation
NASDAQ:EXAS
 $19.80 Billion
Albemarle Corp
NYSE:ALB
 $19.80 Billion
MTU Aero Engines AG
XETRA:MTX
 $19.80 Billion
Telus Corp
TO:T
 $19.82 Billion
Banco Bradesco S.A
F:BREC
 $19.74 Billion
New China Life Insurance Co Ltd
SHG:601336
 $19.74 Billion
Jardine Matheson Holdings Limited
F:H4W
 $19.71 Billion
BWX Technologies Inc
NYSE:BWXT
 $19.71 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Qingdao Haier Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 111,366,119,000 to 118,698,401,000, a change of 7,332,282,000 (6.6%).
  • Net income of 19,552,798,000 contributed positively to equity growth.
  • Dividend payments of 11,482,395,000 reduced retained earnings.
  • Share repurchases of 1,233,646,000 reduced equity.
  • Other comprehensive income increased equity by 23,862,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥19.55 Billion +16.47%
Dividends Paid CN¥11.48 Billion -9.67%
Share Repurchases CN¥1.23 Billion -1.04%
Other Comprehensive Income CN¥23.86 Million +0.02%
Other Changes CN¥471.66 Million +0.4%
Total Change CN¥- 6.58%

Book Value vs Market Value Analysis

This analysis compares Qingdao Haier 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: 1.68x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 203.57x to 1.68x 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 CN¥0.11 CN¥21.58 x
1994-12-31 CN¥0.12 CN¥21.58 x
1995-12-31 CN¥0.11 CN¥21.58 x
1996-12-31 CN¥0.17 CN¥21.58 x
1997-12-31 CN¥0.30 CN¥21.58 x
1998-12-31 CN¥0.35 CN¥21.58 x
1999-12-31 CN¥0.48 CN¥21.58 x
2000-12-31 CN¥0.54 CN¥21.58 x
2001-12-31 CN¥0.92 CN¥21.58 x
2002-12-31 CN¥0.95 CN¥21.58 x
2003-12-31 CN¥1.01 CN¥21.58 x
2004-12-31 CN¥1.07 CN¥21.58 x
2005-12-31 CN¥1.04 CN¥21.58 x
2006-12-31 CN¥1.08 CN¥21.58 x
2007-12-31 CN¥1.18 CN¥21.58 x
2008-12-31 CN¥1.27 CN¥21.58 x
2009-12-31 CN¥1.44 CN¥21.58 x
2010-12-31 CN¥1.31 CN¥21.58 x
2011-12-31 CN¥1.55 CN¥21.58 x
2012-12-31 CN¥2.07 CN¥21.58 x
2013-12-31 CN¥2.65 CN¥21.58 x
2014-12-31 CN¥3.81 CN¥21.58 x
2015-12-31 CN¥3.72 CN¥21.58 x
2016-12-31 CN¥4.31 CN¥21.58 x
2017-12-31 CN¥5.06 CN¥21.58 x
2018-12-31 CN¥6.26 CN¥21.58 x
2019-12-31 CN¥7.07 CN¥21.58 x
2020-12-31 CN¥10.05 CN¥21.58 x
2021-12-31 CN¥8.54 CN¥21.58 x
2022-12-31 CN¥9.89 CN¥21.58 x
2023-12-31 CN¥11.10 CN¥21.58 x
2024-12-31 CN¥12.00 CN¥21.58 x
2025-12-31 CN¥12.87 CN¥21.58 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Qingdao Haier 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: 6.48%
  • • Asset Turnover: 1.02x
  • • Equity Multiplier: 2.49x
  • Recent ROE (16.47%) is above the historical average (16.25%), 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 CN¥12.69 Million
1994 14.51% 10.40% 1.15x 1.21x CN¥29.95 Million
1995 19.09% 7.66% 1.57x 1.59x CN¥55.87 Million
1996 19.67% 6.74% 2.01x 1.45x CN¥87.62 Million
1997 15.34% 6.39% 1.13x 2.12x CN¥85.15 Million
1998 14.74% 7.17% 1.11x 1.86x CN¥88.18 Million
1999 12.03% 7.82% 1.05x 1.46x CN¥52.34 Million
2000 14.67% 8.78% 1.20x 1.40x CN¥135.02 Million
2001 12.53% 5.40% 1.65x 1.41x CN¥124.62 Million
2002 7.80% 3.44% 1.56x 1.45x CN¥-111.93 Million
2003 6.85% 3.16% 1.59x 1.37x CN¥-169.94 Million
2004 6.46% 2.41% 2.15x 1.24x CN¥-202.42 Million
2005 4.27% 1.45% 2.44x 1.21x CN¥-320.74 Million
2006 5.43% 1.60% 2.31x 1.47x CN¥-264.68 Million
2007 10.20% 2.18% 2.63x 1.77x CN¥12.72 Million
2008 11.34% 2.53% 2.49x 1.81x CN¥90.78 Million
2009 14.89% 3.49% 1.88x 2.27x CN¥377.40 Million
2010 28.98% 3.36% 2.07x 4.17x CN¥1.33 Billion
2011 32.26% 3.65% 1.85x 4.76x CN¥1.86 Billion
2012 29.38% 4.09% 1.61x 4.46x CN¥2.16 Billion
2013 28.85% 4.82% 1.42x 4.22x CN¥2.73 Billion
2014 24.44% 5.51% 1.29x 3.43x CN¥3.15 Billion
2015 18.96% 4.79% 1.18x 3.35x CN¥2.03 Billion
2016 19.12% 4.23% 0.91x 4.98x CN¥2.41 Billion
2017 21.44% 4.23% 1.08x 4.70x CN¥3.69 Billion
2018 18.99% 4.06% 1.10x 4.23x CN¥3.54 Billion
2019 17.14% 4.09% 1.07x 3.91x CN¥3.42 Billion
2020 13.29% 4.24% 1.03x 3.05x CN¥2.20 Billion
2021 16.39% 5.76% 1.04x 2.72x CN¥5.10 Billion
2022 15.75% 6.04% 1.03x 2.52x CN¥5.37 Billion
2023 16.03% 6.05% 1.08x 2.45x CN¥6.25 Billion
2024 16.83% 6.55% 0.99x 2.61x CN¥7.60 Billion
2025 16.47% 6.48% 1.02x 2.49x CN¥7.68 Billion

Industry Comparison

This section compares Qingdao Haier 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: $17,549,251,672
  • Average return on equity (ROE) among peers: 11.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Qingdao Haier Co Ltd (600690) CN¥127.42 Billion 12.23% 1.32x $19.75 Billion
Midea Group Co Ltd (000333) $134.83 Billion 21.19% 1.88x $81.80 Billion
Changhong Meiling Co Ltd (000521) $6.19 Billion 11.96% 2.13x $734.15 Million
Gree Electric Appliances Inc of Zhuhai (000651) $7.73 Billion 25.45% 2.99x $32.75 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921) $12.48 Billion 14.37% 1.72x $3.28 Billion
Suncha Technology Co Ltd (001211) $477.06 Million 18.82% 0.71x $452.94 Million
Elec-Tech International Co Ltd (002005) $6.45 Billion -15.06% 1.16x $738.53 Million
Zhejiang Supor Co Ltd (002032) $5.01 Billion 17.75% 0.48x $5.54 Billion
Vatti Corp Ltd (002035) $1.27 Billion 17.60% 0.86x $736.79 Million
CNlight Co Ltd (002076) $259.28 Million -5.05% 1.04x $355.44 Million
Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) $797.95 Million 5.06% 1.07x $363.03 Million

About Qingdao Haier Co Ltd

SHG:600690 China Furnishings, Fixtures & Appliances
Market Cap
$19.75 Billion
CN¥134.94 Billion CNY
Market Cap Rank
#1295 Global
#118 in China
Share Price
CN¥21.58
Change (1 day)
+0.23%
52-Week Range
CN¥20.48 - CN¥27.93
All Time High
CN¥34.16
Categories
Companies in China Furnishings, Fixtures & Appliances
About

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