October 30 to 31, the leading domestic appliance leading enterprises announced the third quarter earnings, the United States Group, Gree Electric (000651.SZ), Qingdao Haier (600690.SH) three quarterly data dazzling, revenue and profits are achieved Double-digit growth.
Quarterly data show that from January to September, the United States Group revenue reached 186.9 billion yuan, up 60.64% over the same period last year, attributable to shareholders of listed companies net profit of 15 billion yuan, up 17.1% over the same period; Gree sales reached 110.9 billion The net profit attributable to shareholders of listed companies increased by 37.58% to RMB159.2 billion, and the net profit attributable to shareholders of listed companies increased by 48.48% over the same period. %.
Good business performance support, this year, the domestic appliance leading company's share price rose significantly as of October 31, the United States Group shares closed at 51 yuan per share, up 86.33% over the end of last year, Gree Electric shares closed at 42.55 yuan per Shares, up 81% over the end of last year, Qingdao Haier shares closed at 17.3 yuan per share, up 78% over the end of last year.
Long-term concern in the field of home appliances Ovilvy net assistant president Zhang Yanbin told reporters that the growth rate of household electrical appliance enterprises is the external environment and internal business of the double results of China's macroeconomic stabilization rose to improve the performance of household electrical appliance enterprises to provide an external environment, real estate on the home appliance industry Of the lag effect driven by the performance of household electrical appliance enterprises from the enterprise itself, these companies in recent years are entering high-end products, to achieve better profitability.
Last year, the hot property market this year, an important background for the growth of household electrical appliance business performance.Zhang Yanbin said that the home appliance industry has a high dependence on the real estate industry, and six months to one year's lag period.At the end of September last year, before the introduction of real estate control policies, the property market is very hot , Led the home appliance market this year's growth.
Gree in March this year, the EGM, Gree also told investors that the relative delay in the air conditioning industry real estate about 10 months to a year or so, the real estate last year, the hot air-conditioning sales this year will be helpful.
Zhang Yanbin that this year, in addition to color TV industry, the home appliance business almost no price war, the whole industry price is the center of the line. The line is the price of the industry, During the promotional activities, the sales of major household electrical appliance enterprises did not increase year on year, but the average price of double-digit growth, to achieve a better profitability.
In the high-end brand to upgrade the competition, Qingdao Haier's Casa Dili brand performance.Hairly quarterly data show that the first three quarters of Casa Dili brand revenue growth of 41%. CITIC Investment Securities Research reported that its' high-end category Big over expected '.
(ETR: KU2) to achieve revenue of 19.8 billion yuan, an increase of 27% over the past year, the United States and the United States, the United States and the United States, %, Pre-tax profit increased by 26%, operating results continued to grow .In addition, from January to September, Midea M & A confirmed the amortization cost of 1.85 billion yuan.
Haier acquired General Electric appliance business this year from January to September contribution of 34.2 billion yuan, attributable to the parent company net profit of 1.88 billion yuan.
It is worth mentioning that last year when the acquisition of the United States, the purchase price of 115 euros per share, compared with the stock price of 36% premium, once caused the 'buy expensive' hot, but after the completion of the acquisition, Stock prices continue to rise this year, as of the press, its share price of 194.5 euros per share, but need to point out that the United States after the acquisition is completed, accounting for 94.6% stake in KUKA, the Norwegian wealth fund accounted for 2% stake in the card, the market There are not many tradable shares available for trading.
Zhang Yanbin that, despite the current cold real estate market, but several home appliance leading enterprises are still room for growth, the overall economic improvement, the appliance market will not turn down as long as the big environment does not change, the next two or three years , Household appliances business good profitability will continue.