Haier Smart Home Co Ltd Class H

06690: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Haier Earnings: Muted Domestic Growth Offset by Resilient Profitability, Shares Attractive

Jeff Zhang

Aug 31, 2026

Haier's first-half revenue fell 3% and operating profit dipped 1% year on year. Strong sales growth in select overseas markets partly offset a 5% decline domestically. Operating margin was resilient, supported by a higher mix of premium products and tighter control of raw material costs.

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Haier Smart Home Co Ltd Class H

Haier Earnings: Muted Domestic Growth Offset by Resilient Profitability, Shares Attractive

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