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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 2019 CNYUSD
Revenue33,895.12M4,905.33M
Gross Profit5,658.68M818.92M
Operating income381.75M55.24M
Income before tax760.72M110.09M
Net income556.07M80.47M
EBITDA828.47M119.89M
Diluted EPS0.420.06
Dividends Per Share0.120.01
Total Assets29,274.91M4,202.72M
Total liabilities12,960.15M1,860.56M
Total equity14,578.61M2,092.91M
Operating cash flow2,167.75M313.71M
Currency in CNYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 30,084.02M 31,652.09M 32,665.89M 34,917.86M 33,895.12M
Gross Profit 5,034.05M 5,098.24M 4,295.88M 4,653.14M 5,658.68M
Operating income 1,593.55M 1,943.27M 966.76M 288.59M 381.75M
Income before tax 1,788.22M 2,062.08M 1,113.45M 582.29M 760.72M
Net income 1,488.78M 1,758.86M 966.52M 392.40M 556.07M
EBITDA 1,914.99M 2,347.50M 1,329.27M 716.51M 828.47M
Diluted EPS 1.13 1.34 0.73 0.29 0.42
Dividends Per Share 0.34 0.40 0.21 0.09 0.12
Total Assets 20,933.31M 22,708.99M 24,716.79M 29,452.20M 29,274.91M
Total liabilities 8,642.10M 9,058.94M 10,378.99M 14,015.87M 12,960.15M
Total equity 11,884.17M 13,184.27M 13,757.09M 14,138.54M 14,578.61M
Operating cash flow 1,125.05M 2,508.46M 2,548.69M 228.24M 2,167.75M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 4,786.54M 4,764.32M 4,833.50M 5,276.98M 4,905.33M
Gross Profit 800.94M 767.39M 635.65M 703.20M 818.92M
Operating income 253.54M 292.50M 143.04M 43.61M 55.24M
Income before tax 284.51M 310.38M 164.75M 87.99M 110.09M
Net income 236.87M 264.74M 143.01M 59.30M 80.47M
EBITDA 304.68M 353.35M 196.68M 108.28M 119.89M
Diluted EPS 0.18 0.20 0.10 0.04 0.06
Dividends Per Share 0.05 0.06 0.03 0.01 0.01
Total Assets 3,223.68M 3,267.71M 3,795.57M 4,289.75M 4,202.72M
Total liabilities 1,330.86M 1,303.53M 1,593.82M 2,041.43M 1,860.56M
Total equity 1,830.13M 1,897.15M 2,112.57M 2,059.30M 2,092.91M
Operating cash flow 179.00M 377.57M 377.12M 34.49M 313.71M

Valuation Measures

Dec 2019
PER25.52
ROA1.89%
ROE3.87%
Operating margin1.12%
Profit margin1.64%

Key executives

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

Shareholders

  • Qingdao Hisense Electric Holdings Co., Ltd. (29.9%)
  • Qingdao State-Owned Assets Supervision & Administration (16.5%)
  • Aegon-Industrial Fund Management Co., Ltd. (7.1%)
  • Zhong Ou Asset Management Co., Ltd (4.0%)
  • China Securities Finance Corp. Ltd. (3.2%)
  • Orient Securities Asset Management Co. Ltd. (2.0%)
  • China Investment Corp. (Investment Management) (1.7%)
  • GF Fund Management Co., Ltd. (0.5%)
  • Manulife TEDA Fund Management Co., Ltd. (0.5%)
  • Huatai-PineBridge Fund Management Co., Ltd. (0.4%)

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

  • Skyworth Group Limited
  • TCL Electronics Holdings Limited
  • Chigo Holding Limited
  • Brimag Digital Age Ltd
  • Chengdu Xuguang Electronics Co., Ltd. Class A
  • Nanoco Group PLC
Last Updated on 1 Dec, 2020

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