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Consumer Durables

Hisense Visual Technology Co., Ltd.

Business Summary

Hisense Visual Technology Co., Ltd. engages in the production and sale of television sets. Its products include multimedia products such as ultra light emitting diode (ULED or Ultra LED) ultra quality television sets, 4K laser television sets, refrigerators, freezers and other communication products . The company was founded in 1969 and is headquartered in Qingdao, China.

Financial Highlights

Dec 2021 CNYUSD
Revenue46,626.14M7,229.57M
Gross Profit7,197.60M1,116.01M
Operating income1,048.66M162.59M
Income before tax1,573.64M243.99M
Net income1,137.76M176.41M
EBITDA1,392.21M215.86M
Diluted EPS0.870.13
Dividends Per Share0.080.01
Total Assets33,261.72M5,218.87M
Total liabilities14,958.39M2,347.02M
Total equity16,086.39M2,524.00M
Operating cash flow1,041.34M161.46M
Currency in CNYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 32,665.89M 34,917.86M 33,895.12M 39,169.26M 46,626.14M
Gross Profit 4,295.88M 4,653.14M 5,916.37M 6,691.76M 7,197.60M
Operating income 966.76M 288.59M 381.75M 949.93M 1,048.66M
Income before tax 1,113.45M 582.29M 760.72M 1,581.73M 1,573.64M
Net income 966.52M 392.40M 556.07M 1,195.46M 1,137.76M
EBITDA 1,329.27M 716.51M 832.25M 1,391.74M 1,392.21M
Diluted EPS 0.73 0.29 0.42 0.91 0.87
Dividends Per Share 0.21 0.09 0.12 0.27 0.08
Total Assets 24,716.79M 29,452.20M 29,274.91M 31,541.36M 33,261.72M
Total liabilities 10,378.99M 14,015.87M 12,892.68M 13,952.64M 14,958.39M
Total equity 13,757.09M 14,138.54M 14,578.61M 15,573.85M 16,086.39M
Operating cash flow 2,548.69M 228.24M 2,167.75M 580.39M 1,041.34M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 4,833.50M 5,276.98M 4,905.33M 5,674.86M 7,229.57M
Gross Profit 635.65M 703.20M 856.22M 969.50M 1,116.01M
Operating income 143.04M 43.61M 55.24M 137.62M 162.59M
Income before tax 164.75M 87.99M 110.09M 229.16M 243.99M
Net income 143.01M 59.30M 80.47M 173.19M 176.41M
EBITDA 196.68M 108.28M 120.44M 201.63M 215.86M
Diluted EPS 0.10 0.04 0.06 0.13 0.13
Dividends Per Share 0.03 0.01 0.01 0.03 0.01
Total Assets 3,795.57M 4,289.75M 4,202.72M 4,822.98M 5,218.87M
Total liabilities 1,593.82M 2,041.43M 1,850.88M 2,133.49M 2,347.02M
Total equity 2,112.57M 2,059.30M 2,092.91M 2,381.39M 2,524.00M
Operating cash flow 377.12M 34.49M 313.71M 84.08M 161.46M

Valuation Measures

Dec 2021
PER15.45
ROA3.51%
ROE7.18%
Operating margin2.24%
Profit margin2.44%

Key executives

  • General Manager & Director: Zhi Tao Yu
  • Securities Representative: He Ping Liu
  • Secretary: Feng Xia

Shareholders

  • Harvest Fund Management Co., Ltd. (4.1%)
  • Orient Securities Asset Management Co. Ltd. (1.9%)
  • China Southern Asset Management Co., Ltd. (1.0%)
  • Hisense Visual Technology Co., Ltd. (0.9%)
  • Foresight Fund Management Co., Ltd. (0.8%)
  • GF Fund Management Co., Ltd. (0.7%)
  • Invesco Great Wall Fund Management Co. Ltd. (Invt Mgmt) (0.7%)
  • SWS MU Fund Management Co., Ltd. (0.6%)
  • Aegon-Industrial Fund Management Co., Ltd. (0.5%)
  • Guotai Asset Management Co., Ltd. (0.3%)

Contact Details

  • Website:http://www.hisense.com
  • Address: 218 Qianwangang Road, Qingdao Economic & Tech Dev Zone, Qingdao, 266555, China
  • Phone: +86.532.8388.9556

Related Companies

  • Qingdao Hisense Hitachi Air Conditioning Marketing Co., Ltd.
  • Guangdong Hisense Home Appliances Co., Ltd.
  • Toshiba Visual Solutions Corp.
  • Guangdong Hisense Electronics Co. Ltd.
  • Qingdao Hisense Xinxin Technology Co. Ltd.

Competitors

  • Toshiba Corporation
  • VIZIO Holding Corp. Class A
  • TCL Electronics Holdings Limited
  • Coretronic Corporation
  • Skyworth Group Limited
  • Brimag Digital Age Ltd
  • Chigo Holding Limited
  • Nanoco Group PLC
Last Updated on 28 Nov, 2022

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