Hisense Home Appliances Group Co.Ltd(000921) released the annual report of 2021 on the evening of March 30. Facing the severe test of soaring raw material prices, sea freight and shortage of core material supply, the company bucked the trend and achieved a development breakthrough, with a revenue of 67.6 billion yuan, a year-on-year increase of 40%, reaching a new record high. It is noteworthy that the company has completed the merger and acquisition of Sandian Co., Ltd., the world’s leading primary manufacturing supplier of automotive air conditioning compressor and automotive air conditioning system, which has accelerated the diversified industrial layout and entered the new energy vehicle industry.
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In recent years, the competition in the home appliance market has become increasingly fierce. Hisense Home Appliances Group Co.Ltd(000921) give full play to its unique advantages in marketing, brand and technology, and continue to win the market and expand the scale. In 2021, the revenue of HVAC was 30.403 billion yuan, an increase of 30.00% year-on-year; The revenue of ice washing was 23.018 billion yuan, a year-on-year increase of 23.03%. The 2B business segment performed well. The revenue of the company’s central air conditioning reached 18.4 billion yuan, a year-on-year increase of 38%. Multi online central air conditioning continued to maintain its industry leadership; The sales volume of cold beverage products has been the first in the global commercial display chain, with a year-on-year increase of 54%. In addition, the company achieved a main business income of 7.342 billion yuan in the business of automobile air conditioning compressor and integrated thermal management system, kitchen and bathroom appliances, mold plastic products and sheet metal, showing a broad development prospect.
Thanks to the steady progress of the internationalization strategy, Hisense Home Appliances Group Co.Ltd(000921) overseas brand awareness and influence have been continuously improved, and a dual drive development model has been formed in which businesses at home and abroad keep pace. During the reporting period, the company achieved overseas revenue of 23.160 billion yuan, a year-on-year increase of 58.21%, of which the export scale of Hisense refrigerators and freezers ranked first in the industry. Domestic revenue was 37.602 billion yuan, a year-on-year increase of 28.75%.
By the end of the reporting period, Hisense Home Appliances Group Co.Ltd(000921) assets totaled 55.9 billion yuan, up 33.81% year on year; The net assets attributable to shareholders of listed companies were 10.3 billion yuan, a year-on-year increase of 5.76%. The company’s cash cycle under comparable standards improved by 1.82 days year-on-year.
continue to increase R & D investment and achieve brilliant intelligent results
Hisense Home Appliances Group Co.Ltd(000921) always adheres to the development strategy of “building an enterprise with technology”, continues scientific and technological innovation, and continuously increases R & D investment. In 2021, the R & D investment of the company increased by 55%. After a series of market leading high-end household appliances were launched, they performed well and won good reputation and benefits. The cumulative high-end share of household air conditioners, refrigerators, freezers and washing machines has increased year-on-year. The company’s products cover eight brands of “Hisense”, “Ronshen”, “Kelon”, “Hitachi”, “York”, “gorenje”, “Asko” and “Sanden”, with rich brand lineup and good brand reputation and market foundation. With the help of the product range and product characteristics covered by different brands, it can deeply meet the needs of different users. At the same time, the company released a number of intelligent new products and scenario solutions to advance to the blue ocean market with full scenario, full format and full intelligent control.
leading the green upgrading of industry
Hisense Home Appliances Group Co.Ltd(000921) actively respond to the national “double carbon” strategy and lead the transformation and upgrading of enterprises with intelligent manufacturing and green manufacturing. At present, four national “green factories”, one national “green supply chain” and two provincial “green factories” have been established. Aiming at the technical development direction of “health, intelligence and energy saving”, the company continues to promote the green and sustainable development of the enterprise through technological innovation and upgrading. “Hisense Rongsheng HFC-245fa reduction demonstration project” has driven the development of China’s refrigerator and freezer industry towards low-carbon and environmental protection, which has been officially praised by the United Nations Development Programme and funded by the United Nations multilateral fund.
In addition, the company actively undertakes social responsibility and implements the mission of “science and technology warms the family”. Rongsheng refrigerator promises that every time it sells a will space super space refrigerator, it will donate a tree to Alxa in the name of the buyer. “Hisense vacuum refrigerator · rainy day student aid” project has gone through more than 10 provinces and cities in China in five years, carried out student aid activities nearly 100 times, donated nearly 10000 items, benefited tens of thousands of students in poor mountainous areas, and lit their dreams with love. During the epidemic period, the company spared no effort to help the front-line “anti epidemic” action, and invested materials, manpower, funds and other assistance.
The report shows that in 2022, Hisense Home Appliances Group Co.Ltd(000921) will continue to actively promote the smart new life strategy, give full play to the leading advantages of the whole category of household appliances and the intelligent technology of Hisense Group, continue to upgrade the intelligent terminal of household appliances, improve the intelligent scene and ecological construction, and realize the seamless connection from smart home to smart community and smart city.
