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: Weakness Persists, but Margin Outlook Remains Positive; Shares Look Cheap

Jeff Zhang

Apr 27, 2026

Haier's revenue and operating profit fell 7% and 5% year on year, respectively, in the first quarter of 2026. Double-digit revenue declines in China and the US were partly offset by growth in emerging markets, while management kept its 5% revenue and operating profit growth targets for 2026.

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Haier Smart Home Co Ltd Class H

Haier Earnings: Weakness Persists, but Margin Outlook Remains Positive; Shares Look Cheap

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