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Hisense Home Appliances Group Co. Ltd. Class H logo

Hisense Home Appliances Group Co. Ltd. Class H

0921.HK

HKSEConsumer CyclicalFurnishings, Fixtures & Appliances

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Latest quote

HK$21.16

−HK$0.32 · -1.49%

Aug 24, 2:00 PM HKT

0921.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hisense Home Appliances Group Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of home appliances in the People's Republic of China and internationally. It operates through Air Conditioning Unit, Ice Cleaning Equipment, and Others segments. The company offers HVAC systems, refrigerators, residential air conditioners, central air conditioners, freezers, washing machines, kitchen appliances, molds, automotive air conditioning compressors, and automotive integrated thermal management systems, as well as comprehensive smart home solutions. It sells its products under the Hisense, Ronshen, Kelon, Hitachi, York, Gorenje, ASKO, and Sanden brands through its online store. In addition, the company engages in investing activities. The company was formerly known as Hisense Kelon Electrical Holdings Company Limited and changed its name to Hisense Home Appliances Group Co., Ltd. in October 2018. Hisense Home Appliances Group Co., Ltd. was founded in 1984 and is headquartered in Foshan, the People's Republic of China.

Industry
Furnishings, Fixtures & Appliances
Sector
Consumer Cyclical
Headquarters
CN
CEO
Jie Lu
Listed since
Jul 23, 1996
Employees
37,759

Market position

Day range

Current HK$21.16

52-week range

Current HK$21.16

Open
HK$21.46
Previous close
HK$21.48
Volume
224K
0.18× average
Average volume
1.23M
Average daily volume
Market cap
29.3B HKD
Beta
0.66
Market reference 1
50-day average
HK$23.5056
-9.98% below average
200-day average
HK$23.3951
-9.55% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
28.51B CNY
P/E (TTM)
12.3×
P/B (TTM)
1.97×
P/S (TTM)
0.4×
EV / EBITDA
4.09×
Earnings yield
11.19%
Free cash flow yield
12.93%
Dividend yield
5.09%

Profitability & efficiency

Gross margin
20.67%
Operating margin
4.81%
Net margin
3.24%
Return on equity
18.24%
Return on assets
4.55%
Return on invested capital
17.10%

Financial health

Debt / equity
1.03×
Current ratio
1.13×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%16%9%1%Gross margin, FY2021: 19.70%Gross margin, FY2022: 20.69%Gross margin, FY2023: 22.01%Gross margin, FY2024: 20.78%Gross margin, FY2025: 21.31%Operating margin, FY2021: 4.12%Operating margin, FY2022: 4.54%Operating margin, FY2023: 6.13%Operating margin, FY2024: 6.12%Operating margin, FY2025: 6.01%Net margin, FY2021: 3.47%Net margin, FY2022: 4.14%Net margin, FY2023: 3.31%Net margin, FY2024: 3.61%Net margin, FY2025: 3.62%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 19.70%. Gross margin FY2022 20.69%. Gross margin FY2023 22.01%. Gross margin FY2024 20.78%. Gross margin FY2025 21.31%. Operating margin FY2021 4.12%. Operating margin FY2022 4.54%. Operating margin FY2023 6.13%. Operating margin FY2024 6.12%. Operating margin FY2025 6.01%. Net margin FY2021 3.47%. Net margin FY2022 4.14%. Net margin FY2023 3.31%. Net margin FY2024 3.61%. Net margin FY2025 3.62%.

Income trends

Revenue

87.93B CNY-5.19%

Operating income

5.28B CNY-7.02%

Net income

3.19B CNY-4.82%
Income trends across reported periods101.79B CNY65.62B CNY29.46B CNY−6.7B CNYRevenue, FY2021: 67.56B CNYRevenue, FY2022: 74.12B CNYRevenue, FY2023: 85.6B CNYRevenue, FY2024: 92.75B CNYRevenue, FY2025: 87.93B CNYOperating income, FY2021: 2.78B CNYOperating income, FY2022: 3.37B CNYOperating income, FY2023: 5.25B CNYOperating income, FY2024: 5.68B CNYOperating income, FY2025: 5.28B CNYNet income, FY2021: 2.34B CNYNet income, FY2022: 3.07B CNYNet income, FY2023: 2.84B CNYNet income, FY2024: 3.35B CNYNet income, FY2025: 3.19B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 67.56B CNY. Revenue FY2022 74.12B CNY. Revenue FY2023 85.6B CNY. Revenue FY2024 92.75B CNY. Revenue FY2025 87.93B CNY. Operating income FY2021 2.78B CNY. Operating income FY2022 3.37B CNY. Operating income FY2023 5.25B CNY. Operating income FY2024 5.68B CNY. Operating income FY2025 5.28B CNY. Net income FY2021 2.34B CNY. Net income FY2022 3.07B CNY. Net income FY2023 2.84B CNY. Net income FY2024 3.35B CNY. Net income FY2025 3.19B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue87.93B CNY92.75B CNY85.6B CNY74.12B CNY67.56B CNY
Cost of goods sold69.19B CNY73.48B CNY66.76B CNY58.78B CNY54.25B CNY
Gross profit18.74B CNY19.27B CNY18.84B CNY15.33B CNY13.31B CNY
Research and development3.44B CNY3.45B CNY2.78B CNY2.29B CNY1.99B CNY
Selling, general, and administrative11.07B CNY11.5B CNY11.61B CNY9.89B CNY9B CNY
Operating expenses13.46B CNY13.59B CNY13.66B CNY12.26B CNY10.97B CNY
Interest income43.2M CNY64.77M CNY43.98M CNY79.2M CNY81.92M CNY
Interest expense193.09M CNY149.84M CNY144.39M CNY88.14M CNY40.55M CNY
Depreciation and amortization1.33B CNY1.14B CNY1.21B CNY1.36B CNY1.12B CNY
Operating income5.28B CNY5.68B CNY5.25B CNY3.37B CNY2.78B CNY
Net income3.19B CNY3.35B CNY2.84B CNY3.07B CNY2.34B CNY

Company facts updated Aug 24, 2026.

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ETFs holding 0921.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
14.46M
Weight
0.01%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$60.45+0.72%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
14.42M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Avantis Emerging Markets Equity ETF logoAvantis Emerging Markets Equity ETFAVEM
Market value
7.63M
Weight
0.03%
AUM
27.89B USD
Expense ratio
0.33%
Price / 1D
$94.24+0.75%
JPMorgan International Value ETF logoJPMorgan International Value ETFJIVE
Market value
4.8M
Weight
0.13%
AUM
3.8B USD
Expense ratio
0.55%
Price / 1D
$98.09+0.89%
WisdomTree Emerging Markets High Dividend Fund logoWisdomTree Emerging Markets High Dividend FundDEM
Market value
3.97M
Weight
0.10%
AUM
3.93B USD
Expense ratio
0.63%
Price / 1D
$55.08+0.95%
WisdomTree Emerging Markets SmallCap Dividend Fund logoWisdomTree Emerging Markets SmallCap Dividend FundDGS
Market value
2.87M
Weight
0.16%
AUM
1.74B USD
Expense ratio
0.58%
Price / 1D
$63.34+0.17%
Vanguard FTSE All-World ex-US ETF logoVanguard FTSE All-World ex-US ETFVEU
Market value
2.34M
Weight
0.00%
AUM
95.9B USD
Expense ratio
0.04%
Price / 1D
$85.69+0.82%
Dimensional - Emerging Markets Core Equity 2 ETF logoDimensional - Emerging Markets Core Equity 2 ETFDFEM
Market value
1.42M
Weight
0.02%
AUM
9.49B USD
Expense ratio
0.39%
Price / 1D
$39.93+0.50%

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