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Q3 2025 revenue grew 1.16% year-over-year to ¥22.19 billion, while net profit declined 5.40% to ¥735 million. Operating cash flow surged 34.06%, and short-term borrowings increased to support business growth.
Original document: Hisense Home Appliances Group Co., Ltd. Class A [000921] Interim report — Oct. 28 2025
Revenue and net profit both grew modestly year-over-year, with strong cash flow and continued leadership in HVAC and smart home appliances. Overseas markets and high-end product segments drove growth, while the company advanced digital transformation and ESG initiatives.
Original document: Hisense Home Appliances Group Co., Ltd. Class A [000921] Interim report — Aug. 30 2025
Net assets declined to RMB 477.98 million amid high redemptions, but all share classes outperformed the benchmark with net value returns between 0.61% and 0.73%. The portfolio remained highly liquid and low risk, with no compliance or credit events.
Original document: Hisense Home Appliances Group Co., Ltd. Class A [000921] Interim report — Aug. 30 2025
Chinese electronics firms are ramping up their presence in Japan, aiming to grab market share with internet-connected home appliances and competitive pricing, Nikkei reported Tuesday.
Xiaomi opened two stores in Saitama to showcase over 160 products, including robot vacuums and TVs, as it pushes its broader smart ecosystem, the report said.
Oppo has entered Japan's TV market with tunerless smart TVs tailored for streaming users, while Haier and Hisense are upgrading their offerings with higher-end, connected air conditioners, washer-dryers, and refrigerators, according to the report.
Chinese brands already dominate Japan's flat-panel TV segment by unit sales, and are now targeting growth in pricier family appliances. But with only 10% of households owning smart appliances, according to a 2023 survey, broader adoption remains a challenge, the report said.
Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.
Chinese electronics firms are ramping up their presence in Japan, aiming to grab market share with internet-connected home appliances and competitive pricing, Nikkei reported Tuesday.
Xiaomi opened two stores in Saitama to showcase over 160 products, including robot vacuums and TVs, as it pushes its broader smart ecosystem, the report said.
Oppo has entered Japan's TV market with tunerless smart TVs tailored for streaming users, while Haier and Hisense are upgrading their offerings with higher-end, connected air conditioners, washer-dryers, and refrigerators, according to the report.
Chinese brands already dominate Japan's flat-panel TV segment by unit sales, and are now targeting growth in pricier family appliances. But with only 10% of households owning smart appliances, according to a 2023 survey, broader adoption remains a challenge, the report said.
Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.
Q1 2025 revenue grew 5.76% year-over-year to RMB 24.84 billion, with net profit up 14.89% and adjusted net profit up 20.27%. Operating cash flow declined, but asset and equity bases expanded.
Original document: Hisense Home Appliances Group Co., Ltd. Class A [000921] Interim report — Apr. 28 2025
Hisense Home Appliances posted 8.4% revenue and 18% net profit growth in 2024, driven by robust overseas expansion and high-end product innovation, while proposing a higher dividend. Risks include macroeconomic uncertainty and global trade barriers.
Original document: Hisense Home Appliances Group Co., Ltd. Class A [000921] Interim report — Mar. 28 2025
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