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Haier Smart Home Co., Ltd. Class H (6690) AI Stock Analysis
Haier Smart Home Co., Ltd. Class H
(HKEX:6690)
The score is driven primarily by solid but cooling financial performance (negative TTM revenue growth, softer margins, higher leverage, and weaker free cash flow), partially offset by an attractive valuation (low P/E and high dividend yield). Technical indicators are neutral-to-bearish, with price below key moving averages and a negative MACD limiting near-term momentum support.
Haier Smart Home Co., Ltd. Class H (6690) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 185.51B
- Dividend Yield
- 6.62%
- Average Volume (3M)
- 11.43M
- Price to Earnings (P/E)
- 11.2
- Beta (1Y)
- 0.60
- Revenue Growth
- -3.85%
- EPS Growth
- -13.53%
- Country
- Hong Kong
- Employees
- 134,995
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Furnishings, Fixtures & Appliances
Haier Smart Home Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Haier Smart Home Co., Ltd. is a leading global enterprise specializing in the design, production, and sale of intelligent home appliances, with operations spanning Asia, Europe, North America, Australia, Africa, and other international regions. The c...
How the Company Makes Money
Haier Smart Home primarily makes money by designing, manufacturing, and selling home appliances and connected home products to consumers through a mix of retail and distribution channels. Its core revenue stream is product sales across major applianc...
Haier Smart Home Co., Ltd. Class H Financial Statement Overview
Summary
Historically solid profitability and mid-teens ROE, but TTM shows weaker momentum: revenue growth turned negative, margins softened versus 2024–2025, leverage increased (debt-to-equity rising to ~0.63 TTM), and free cash flow deteriorated with weaker cash conversion (~0.51 FCF/net income).
Income Statement
74PositiveBalance Sheet
67PositiveCash Flow
58Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 288.76B | 302.35B | 285.98B | 261.43B | 243.51B | 227.56B |
| Gross Profit | 76.87B | 80.61B | 79.49B | 81.28B | 76.29B | 71.07B |
| EBITDA | 23.71B | 28.24B | 33.07B | 29.45B | 24.42B | 21.46B |
| Net Income | 17.15B | 19.55B | 18.74B | 16.60B | 14.71B | 13.08B |
Balance Sheet | ||||||
| Total Assets | 301.50B | 295.92B | 290.11B | 253.38B | 235.84B | 217.46B |
| Cash, Cash Equivalents and Short-Term Investments | 44.58B | 59.67B | 56.82B | 56.97B | 54.66B | 48.64B |
| Total Debt | 77.35B | 66.52B | 27.93B | 32.69B | 32.35B | 26.18B |
| Total Liabilities | 171.68B | 168.45B | 171.72B | 147.47B | 141.13B | 136.38B |
| Stockholders Equity | 123.00B | 118.75B | 111.37B | 103.51B | 93.42B | 79.81B |
Cash Flow | ||||||
| Free Cash Flow | 10.24B | 17.33B | 16.47B | 15.36B | 11.95B | 15.76B |
| Operating Cash Flow | 19.99B | 25.95B | 26.54B | 25.26B | 20.15B | 23.13B |
| Investing Cash Flow | -14.17B | -17.25B | -20.07B | -17.09B | -8.92B | -8.07B |
| Financing Cash Flow | -9.22B | -17.21B | -7.91B | -7.84B | -3.82B | -15.64B |
Haier Smart Home Co., Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6690, the sentiment is Neutral. The current price of 19.95 is above the 20-day moving average (MA) of 19.76, below the 50-day MA of 20.40, and below the 200-day MA of 21.40, indicating a neutral trend. The MACD of -0.32 indicates Positive momentum. The RSI at 51.89 is Neutral, neither overbought nor oversold. The STOCH value of 38.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:6690.
Haier Smart Home Co., Ltd. Class H Peers Comparison
Overall Rating
HK:030071Outperform- HK:669065Neutral
HK:092163Neutral
HK:137363Neutral
HK:169147Neutral
HK:222246Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0300 | 71Outperform | HKD 785.08B | 13.01 | 21.28% | 5.08% | 7.41% | 13.37% |
| HK:6690 | 65Neutral | HKD 208.69B | 11.15 | 14.12% | 6.62% | -3.85% | -13.53% |
| HK:0921 | 63Neutral | HKD 33.84B | 14.44 | 12.54% | 8.21% | -6.29% | -30.87% |
| HK:1373 | 63Neutral | HKD 449.19M | 10.06 | 5.15% | 8.35% | -8.88% | -4.52% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:1691 | 47Neutral | HKD 5.99B | 17.29 | 8.56% | ― | 0.39% | ― |
| HK:2222 | 46Neutral | HKD 294.22M | -16.07 | -0.49% | ― | 4.73% | 76.27% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6690 | Haier Smart Home Co., Ltd. Class H | 19.95 | -3.97 | -16.61% | |
| HK:0921 | Hisense Home Appliances Group Co Class H | 17.84 | -3.92 | -18.01% | |
| HK:1373 | International Housewares Retail Co | 0.64 | -0.09 | -12.05% | |
| HK:1691 | JS Global Lifestyle Company Limited | 1.75 | -0.01 | -0.57% | |
| HK:2222 | NVC International Holdings Ltd. | 0.58 | -0.14 | -19.44% | |
| HK:0300 | Midea Group Co. Ltd. Class H | 96.65 | 18.29 | 23.34% |
Haier Smart Home Co., Ltd. Class H Corporate Events
Haier Smart Home Q3 Profit Slides Amid Revenue Decline and Weaker Cash Flow
Haier Smart Home reported unaudited third-quarter 2026 results under Chinese accounting standards that align with IFRS, highlighting a period of revenue and profit pressure in its core home appliance operations. The board and senior management certif...
Haier Smart Home Sets Board Meeting to Approve Q3 2026 Results
Haier Smart Home Co., Ltd. has scheduled a board meeting for 29 October 2026 in Qingdao to review and approve its third-quarter results for the nine months ended 30 September 2026. The upcoming disclosure of quarterly performance will provide investo...
Haier Smart Home Launches Major Buy-Back of Frankfurt D-Shares
Haier Smart Home Co., Ltd. has approved a voluntary public share buy-back offer targeting up to 81,044,512 of its Frankfurt-listed D-shares, equivalent to about 30% of the 271,013,973 D-shares in issue. The offer price is set at EUR 1.87 per share, p...
Haier Smart Home’s First-Half 2026 Profit Declines Amid Stable Margins
Haier Smart Home reported interim unaudited results for the six months ended 30 June 2026 showing a modest decline in top-line performance. Revenue slipped 2.8% year-on-year to RMB152.1 billion, while gross profit edged down 1.3% to RMB40.7 billion,...
Haier Smart Home Sets Board Meeting to Approve 2026 Interim Results
Haier Smart Home Co., Ltd. has scheduled a meeting of its board of directors for 27 August 2026 in Qingdao to review and approve the interim financial results for the six months ended 30 June 2026. The board session will also address the publication...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 31, 2026