Haier Smart Home (6690) Announces 2025 Third Quarter Results

Bulletin Express
Oct 30

Haier Smart Home (6690) released its unaudited results for the third quarter of 2025. The announcement shows operating revenue reached approximately RMB 77.56 billion in the quarter, representing a 9.51% increase year on year. Net profit attributable to shareholders was RMB 5.34 billion, growing 12.69% from the same period last year.

From January to September 2025, total operating revenue was about RMB 234.05 billion, up 9.98% year on year, while net profit attributable to shareholders rose 14.68% to RMB 17.37 billion. Gross profit margin stood at 27.2%. Reporting higher revenue in both the domestic and overseas markets, the company highlighted the effects of product portfolio optimization, manufacturing efficiency, and digital marketing initiatives.

During the first nine months, the selling expense ratio improved slightly, while net cash flow from operating activities totaled RMB 17.49 billion. The gearing ratio at the end of the reporting period was 56.5%. The company also disclosed that it had continued its share repurchase plan announced earlier this year and held a balance of repurchased A shares by the end of the quarter.

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