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For the six months ended 30 June 2020, HaierElectronics Group Co., Ltd. revenues decreased 5% toRMB35.08B. Net income before extraordinary items decreased24% to RMB1.34B. Revenues reflect Channel service businesssegment decrease of 5% to RMB31.09B, Washing MachineBusiness segment decrease of 8% to RMB3.21B, Water HeaterBusiness segment decrease of 8% to RMB772.6M, MainlandChina segment decrease of 7% to RMB33.24B.
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 35075.41 | 75879.97 | 36954.6 | 76335.6 |
Gross Profit | 6866.41 | 16531.37 | 7620.26 | 15932.08 |
Operating Income | 1597.81 | 4996.2 | 2152.17 | 4533.61 |
Net Income | 1335.39 | 7350.81 | 1836.1 | 3844.5 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 48193.08 | 50057.89 | 47324.22 | 47876.75 |
Total Liabilities | 18850.99 | 20837.7 | 22860.51 | 23866.34 |
Total Equity | 29342.09 | 29220.19 | 24463.72 | 24010.4 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 1776.81 | 4704.65 | 2279.62 | 4351.59 |
Cash From Investing Activities | 313.56 | -3325.85 | -915.35 | -4131.1 |
Cash From Financing Activities | 92.06 | -1601.94 | -528.14 | -529.98 |
Net Change in Cash | 2209.95 | -188.8 | 837.18 | -250.09 |
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