Hisense Home Appliances Group
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Hisense Home Appliances Group (000921) investor relations material

Hisense Home Appliances Group H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 earnings summary31 Mar, 2026

Executive summary

  • Revenue for 2025 was ¥87.93 billion, down 5.19% year-over-year; net profit attributable to shareholders was ¥3.19 billion, down 4.82% year-over-year.

  • Operating cash flow increased 12.94% to ¥5.80 billion; basic EPS was ¥2.33.

  • The board proposed a cash dividend of ¥12.65 per 10 shares, with no bonus shares or capital increase.

  • The company maintained a resilient performance amid global trade barriers, real estate downturn, and rising raw material costs.

Financial highlights

  • Gross margin for manufacturing was 22.00%, up 0.29 percentage points year-over-year.

  • Domestic revenue fell 5.38% to ¥45.41 billion; overseas revenue rose 6.44% to ¥37.92 billion.

  • Ice & washing segment revenue grew 1.16% to ¥31.20 billion; HVAC revenue declined 3.61% to ¥38.83 billion.

  • R&D investment was ¥3.44 billion, 3.91% of revenue.

  • Net assets attributable to shareholders increased 13.03% to ¥17.47 billion.

Outlook and guidance

  • Focus on user-centric innovation, global expansion, and digital transformation.

  • 2026 priorities: strengthen R&D, accelerate global/local market penetration, optimize supply chain, and enhance shareholder value.

  • Risks include macroeconomic volatility, raw material cost increases, exchange rate fluctuations, and trade barriers.

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Q1 202629 Apr, 2026
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