Qingdao Haier Co Ltd

SHG:600690 China Furnishings, Fixtures & Appliances
Market Cap
$19.90 Billion
CN¥146.01 Billion CNY
Market Cap Rank
#1021 Global
#33 in China
Share Price
CN¥23.35
Change (1 day)
-0.38%
52-Week Range
CN¥23.35 - CN¥28.06
All Time High
CN¥34.16
About

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

Qingdao Haier Co Ltd (600690) - Total Assets

Latest total assets as of September 2025: CN¥291.52 Billion CNY

Based on the latest financial reports, Qingdao Haier Co Ltd (600690) holds total assets worth CN¥291.52 Billion CNY as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Qingdao Haier Co Ltd - Total Assets Trend (1993–2024)

This chart illustrates how Qingdao Haier Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Qingdao Haier Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Qingdao Haier Co Ltd's total assets of CN¥291.52 Billion consist of 52.3% current assets and 47.7% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 19.2%
Accounts Receivable CN¥43.43 Billion 15.0%
Inventory CN¥43.04 Billion 14.8%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥14.30 Billion 4.9%
Goodwill CN¥27.38 Billion 9.4%

Asset Composition Trend (1993–2024)

This chart illustrates how Qingdao Haier Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Qingdao Haier Co Ltd's current assets represent 52.3% of total assets in 2024, an increase from 47.7% in 1993.
  • Cash Position: Cash and equivalents constituted 19.2% of total assets in 2024, up from 12.0% in 1993.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 0.0% in 1993.
  • Asset Diversification: The largest asset category is accounts receivable at 15.0% of total assets.

Qingdao Haier Co Ltd Competitors by Total Assets

Key competitors of Qingdao Haier Co Ltd based on total assets are shown below.

Company Country Total Assets
Zinus Inc
KO:013890
Korea ₩1.12 Trillion
Ado Optronics
TWO:3516
Taiwan NT$2.75 Billion
HHC Changzhou Corp.
SHE:301061
China CN¥4.95 Billion
Vatti Corp Ltd
SHE:002035
China CN¥6.99 Billion
Bangkok Dec-Con Public Company Limited
BK:BKD
Thailand ฿2.00 Billion
COWAY Co. Ltd
KO:021240
Korea ₩6.69 Trillion
Thai Kin Co. Ltd
TWO:6629
Taiwan NT$2.38 Billion
China Electric Manufacturing Corp
TW:1611
Taiwan NT$5.21 Billion

Qingdao Haier Co Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.91 - 1.18

Strong asset utilization - Qingdao Haier Co Ltd generates 0.99x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.84% - 6.55%

Solid ROA - For every $100 in assets, Qingdao Haier Co Ltd generates $6.46 in net profit.

Qingdao Haier Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.09 1.10 1.04
Quick Ratio 0.78 0.77 0.78
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥12.92 Billion CN¥ 12.05 Billion CN¥ 4.85 Billion

Qingdao Haier Co Ltd - Advanced Valuation Insights

This section examines the relationship between Qingdao Haier Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.98
Latest Market Cap to Assets Ratio 0.07
Asset Growth Rate (YoY) 14.5%
Total Assets CN¥290.11 Billion
Market Capitalization $18.95 Billion USD

Valuation Analysis

Below Book Valuation: The market values Qingdao Haier Co Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Qingdao Haier Co Ltd's assets grew by 14.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Qingdao Haier Co Ltd (1993–2024)

The table below shows the annual total assets of Qingdao Haier Co Ltd from 1993 to 2024.

Year Total Assets Change
2024-12-31 CN¥290.11 Billion +14.50%
2023-12-31 CN¥253.38 Billion +7.44%
2022-12-31 CN¥235.84 Billion +8.45%
2021-12-31 CN¥217.46 Billion +6.88%
2020-12-31 CN¥203.46 Billion +8.54%
2019-12-31 CN¥187.45 Billion +12.45%
2018-12-31 CN¥166.70 Billion +10.06%
2017-12-31 CN¥151.46 Billion +15.40%
2016-12-31 CN¥131.26 Billion +72.79%
2015-12-31 CN¥75.96 Billion +1.27%
2014-12-31 CN¥75.01 Billion +22.93%
2013-12-31 CN¥61.02 Billion +22.80%
2012-12-31 CN¥49.69 Billion +25.09%
2011-12-31 CN¥39.72 Billion +35.73%
2010-12-31 CN¥29.27 Billion +67.27%
2009-12-31 CN¥17.50 Billion +43.06%
2008-12-31 CN¥12.23 Billion +9.31%
2007-12-31 CN¥11.19 Billion +32.00%
2006-12-31 CN¥8.48 Billion +25.07%
2005-12-31 CN¥6.78 Billion -4.64%
2004-12-31 CN¥7.11 Billion -3.60%
2003-12-31 CN¥7.37 Billion -0.29%
2002-12-31 CN¥7.39 Billion +6.51%
2001-12-31 CN¥6.94 Billion +72.05%
2000-12-31 CN¥4.04 Billion +6.73%
1999-12-31 CN¥3.78 Billion +9.55%
1998-12-31 CN¥3.45 Billion +2.16%
1997-12-31 CN¥3.38 Billion +157.35%
1996-12-31 CN¥1.31 Billion +34.49%
1995-12-31 CN¥976.01 Million +21.00%
1994-12-31 CN¥806.62 Million +8.47%
1993-12-31 CN¥743.61 Million --