Haier
- Revenue¥225.8 BFY, 2021
- Market Capitalization¥245.7 B2022-06-29
OverviewSuggest Edit
Haier (also known as Haier Electronics Group) is a provider of consumer electronics and home appliances. It designs, develops, manufactures, and sells products including air conditioners, mobile phones, computers, microwave ovens, washing machines, refrigerators, and televisions. Haier is a parent of two subsidiaries: Haier Smart Home and Haier Electronics Group Co., Ltd.
| Type | Public | |
| Founded | 1984 | |
| HQ | Qingdao Shi, CN | Map |
| Website | haier.com | |
| Employee Ratings |
Recent NewsAll News
- USD 89.50 billion growth in Household Appliance Market | Emergence of AB Electrolux, Haier Smart Home Co. Ltd., Hitachi Ltd., and LG Electronics Inc. as Prominent Players|Technavio
- Curved TV Market to Grow at a CAGR of 22.30%|Changhong Jiahua Holdings Ltd. & Haier Smart Home Co. Ltd. to Emerge as some of the Key Contributors to Growth|17000 + Technavio Reports
- US Small Household Appliances Market Analysis Report 2021 Featuring Samsung, Panasonic, Haier, and LG
- Moviebook Establishes Strategic Cooperation with Haier Zhihu to Accelerate Integration Between Digital Economy and Real Economy
Key People/Management at Haier
Zhang Ruimin
Chairman and CEO
Xie Ju Zhi
Deputy Chairman
Li Huagang
Director and President
Wu Changqi
Director
Lin Sui
Director
Yu Hon
Director
Haier Office Locations
Haier has offices in Qingdao Shi, Cleveland, Dhaka, Anderlecht and in 20 other locations
Qingdao Shi, CN (HQ)
1 Hai'er Rd, Laoshan Qu
Cleveland, AU
P.O. Box 798
Dhaka, BD
11 Bir Uttam Mir Shawkat Sarak
Anderlecht, BE
451 Lenniksebaan
Zagreb, HR
Dužice ul. 1
Saint-Denis, FR
3 Bd Ornano
Haier Financials and Metrics
Haier Revenue
Haier's revenue was reported to be ¥225.77 b in FY, 2021
| CNY | |
|---|---|
Revenue (Q1, 2022) | 60.1b |
Gross profit (Q1, 2022) | 17.1b |
Net income (Q1, 2022) | 3.6b |
EBITDA (Q1, 2022) | 3.6b |
EBIT (Q1, 2022) | 3.9b |
Market capitalization (29-Jun-2022) | 245.7b |
Closing stock price (29-Jun-2022) | 26.8 |
Cash (31-Mar-2022) | 46.2b |
EV | 253.1b |
Haier's current market capitalization is ¥245.7 b.
Annual
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 182.4b | 198.7b | 207.9b | 225.8b |
Cost of goods sold | (130.5b) | (140.9b) | (147.5b) | (156.5b) |
Gross profit | 52.8b | 59.1b | 61.6b | 70.3b |
R&D expense | (5.1b) | (6.3b) | (6.9b) | (8.4b) |
Quarterly
| CNY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 47.8b | 50.3b | 148.2b | 43.0b | 51.9b | 59.0b | 54.6b | 56.0b | 58.8b | 60.1b |
Cost of goods sold | (34.1b) | (36.1b) | (105.6b) | (31.3b) | (37.6b) | (42.2b) | (39.2b) | (38.9b) | (40.6b) | (43.1b) |
Gross profit | 13.8b | 14.6b | 42.6b | 11.7b | 14.8b | 16.3b | 15.5b | 17.7b | 17.6b | 17.1b |
R&D expense | (1.5b) | (1.2b) | (4.5b) | (1.6b) | (1.3b) | (2.1b) | (2.1b) | (1.7b) | (2.5b) | (2.5b) |
Annual
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 38.4b | 36.2b | 46.5b | 45.9b |
Accounts Receivable | 10.5b | 11.0b | 15.9b | 14.6b |
Prepaid Expenses | 594.5m | 1.3b | 765.8m | 857.2m |
Inventories | 22.4b | 28.2b | 29.4b | 39.9b |
Quarterly
| CNY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 36.0b | 33.7b | 35.9b | 36.6b | 44.1b | 44.0b | 44.3b | 41.8b | 41.4b | 46.2b |
Accounts Receivable | 14.4b | 13.2b | 14.3b | 17.0b | 16.7b | 20.3b | 20.2b | 18.1b | 16.1b | |
Prepaid Expenses | 695.1m | 702.2m | 910.3m | 1.7b | 1.7b | 1.4b | 706.7m | 867.0m | 1.1b | 656.0m |
Inventories | 23.4b | 23.9b | 25.6b | 28.7b | 25.3b | 26.9b | 32.3b | 33.5b | 36.1b | 39.8b |
Annual
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 9.9b | 12.3b | 11.3b | 13.2b |
Depreciation and Amortization | 3.1b | 4.6b | 4.9b | 4.8b |
Inventories | (676.6m) | (3.9b) | (3.1b) | (11.5b) |
Accounts Payable | 4.3b | 5.7b | 10.0b | 10.1b |
Quarterly
| CNY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 6.2b | 6.2b | 3.6b | 6.9b | ||||||
Depreciation and Amortization | 2.2b | 2.2b | 2.4b | 2.6b | ||||||
Inventories | (1.5b) | (1.5b) | 2.5b | (3.8b) | ||||||
Accounts Payable | 1.1b | 1.1b | (4.8b) | 4.3b |
| CNY | FY, 2018 |
|---|---|
Revenue/Employee | 2.1m |
Haier Revenue Breakdown
Haier revenue breakdown by business segment: 31.6% from REFRIGERATOR, 24.2% from WASHING MACHINE, 16.6% from AIR CONDITIONERS, 6.6% from CONSUMER & BUSINESS SERVICES, 5.5% from WATER APPLIANCE and 15.6% from KITCHEN ELECTRICITY
Haier revenue breakdown by geographic segment: 49.4% from CHINA (PEOPLES REPUBLIC) and 50.6% from REST OF WORLD
Haier Cybersecurity Score
Haier Environment, Social & Governance (ESG) Ratings
Haier Online and Social Media Presence
7.82k Twitter followers
Haier has 7.82k Twitter Followers. The number of followers has increased 0.5% month over month and increased 1.2% quarter over quarter
Haier's Trends
Twitter Engagement Stats for @HaierAmerica
9k
Tweets
338
Following
7.8k
Followers
19
Tweets last 30 days
0.1
Avg. likes per Tweet
10.5%
Tweets with engagement
Haier News and Updates
June 27, 2022
USD 89.50 billion growth in Household Appliance Market | Emergence of AB Electrolux, Haier Smart Home Co. Ltd., Hitachi Ltd., and LG Electronics Inc. as Prominent Players|Technavio
NEW YORK, June 27, 2022 /PRNewswire/ -- The latest market analysis report titled Household Appliance Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025 has been recently added to Technavio's catalog. The market potential growth difference is expected...
October 05, 2021
Curved TV Market to Grow at a CAGR of 22.30%|Changhong Jiahua Holdings Ltd. & Haier Smart Home Co. Ltd. to Emerge as some of the Key Contributors to Growth|17000 + Technavio Reports
NEW YORK, Oct. 5, 2021 /PRNewswire/ -- According to Technavio, incremental growth of USD 5.07 billion is expected in the Curved TV Market during 2021-2025. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the curved TV market in optimistic, probable, and...
August 25, 2021
US Small Household Appliances Market Analysis Report 2021 Featuring Samsung, Panasonic, Haier, and LG
Dublin, Aug. 25, 2021 (GLOBE NEWSWIRE) -- The "The US Small Household Appliances Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.
August 09, 2021
Moviebook Establishes Strategic Cooperation with Haier Zhihu to Accelerate Integration Between Digital Economy and Real Economy
BEIJING, Aug. 9, 2021 /PRNewswire/ -- Moviebook, a leading AI-powered intelligent video production infrastructure and service provider, has recently reached strategic cooperation with HaierZhihu to jointly develop a smart home ecosystem based on Moviebook's Automatic Digital Twin (ADT)...
July 02, 2021
Alibaba-Led Bailout of China Retailer Draws Haier, Xiaomi
Alibaba-Led Bailout of China Retailer Draws Haier, Xiaomi
June 09, 2021
Commercial High-speed Hybrid Ovens Market: COVID-19 Focused Report | Evolving Opportunities with Atollspeed GmbH and Haier Smart Home Co. LTD. | Technavio
NEW YORK, June 9, 2021 /PRNewswire/ -- The global commercial high-speed hybrid ovens market is expected to grow by USD 48.06 million during 2021-2025, according to Technavio. This marks a significant market slowdown compared to the 2020 growth estimates due to the impact of the COVID-19...
Haier Frequently Asked Questions
When was Haier founded?
Haier was founded in 1984.
Who are Haier key executives?
Haier's key executives are Zhang Ruimin, Xie Ju Zhi and Li Huagang.
How many employees does Haier have?
Haier has 99,299 employees.
What is Haier revenue?
Latest Haier annual revenue is ¥225.8 b.
What is Haier revenue per employee?
Latest Haier revenue per employee is ¥2.3 m.
Who are Haier competitors?
Competitors of Haier include Midea, Whirlpool and Harman.
Where is Haier headquarters?
Haier headquarters is located at 1 Hai'er Rd, Laoshan Qu, Qingdao Shi.
Where are Haier offices?
Haier has offices in Qingdao Shi, Cleveland, Dhaka, Anderlecht and in 20 other locations.
How many offices does Haier have?
Haier has 24 offices.
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