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Black and white appliances Qi gains across the board is entering the profit performance of recovery - air conditioners, refrigerators and television

Black and white appliances Qi gains across the board is entering the profit performance

of recovery - air conditioners, refrigerators and television

Home appliance industry, the third-quarter results of listed companies last week, all is revealed: to

Air conditioning , Refrigerator , Washing machine Mainly white areas, mainly white giant, the performance of listed companies generally several times the first three quarters increased; after worrying black appliances, by the flat

TV Business continued to pull profits and net profit compared with last year there were more substantial growth, almost as a whole comeback. This, insiders said: continued modest profit in recent years, the home appliance industry, has entered the recovery of profits. However, for some enterprises to enter the real estate or home appliances


Investment The stock market to achieve the "curve red plate", many in the industry have expressed concern.

White overall strong performance to continue

White Goods Inherited since last year's high growth in the third quarter, driven by air-conditioning hot, performance is picking up steam. Qingdao, China white boss

Haier In the third quarter earnings per share 0.405 yuan, net assets yield 8.28%, net profit of 520 million yuan. Air boss

Gree Electrical Third quarter total revenue of 9.286 billion yuan to achieve sales, growth of 60.55% over last year; net profit of 277 million yuan, up 65.62 percent from a year earlier. The most eye-catching in the U.S. capital markets electrical, three-quarter basic earnings per share 0.79 yuan, 23.18 percent return on equity, net profit of 940 million yuan.

Difficulties experienced two other old white out the first three quarters this year, companies are pretty transcripts. Little Swan bulletin shows: from January to September this year, the company's net profit reached 200 million yuan, current net profit up 560.23%. Experienced "

Gu Chujun Event ", the Hisense Kelon started back to life this year, domestic sales and exports have substantially enhanced the company's first 9 months of this year's net profit reached 120 million yuan.

Gorgeous white overall performance of the industry substantially exceeded analyst forecasts before the industry that

Raw materials Prices continued to rise, making industry consolidation to accelerate, leading enterprises to get through the integration of scale and cost advantages and increase market share; and troubled return to the main enterprises in the industry and the integration of the reorganization, began showing signs of gaining ground.

The East Securities Zhang Ga analyst believes that white home appliance business this year is greatly increased, mainly due to significant price increases last year, had been suppressed by the air-conditioning sales, this year has been a great release. The other reason, it is influenced by the upgrade, refrigerator, washing machine market, rapid development, such as

Consumption The rural market potential, significant increase of 60% this year.

Black Almost a collective realization of the "red tray"

In the semiannual reports also in "dire straits" into the TV (black) industry, the third quarter, almost achieving the collective "red plate." Qingdao Hisense third-quarter net profit increase over the previous year, net profit of about 40 million yuan, breaking the first three quarter net profit 100 million yuan.

TCL Group profit in the third quarter was 18.93 million yuan, and the capital structure and debt structure has improved significantly. TCL which

Multimedia Good performance, the former in September sold 10.933 million color TV sets, the sales revenue 12.52 billion Hong Kong dollars.


Most surprising is that Konka Operating income in the third quarter of 2.878 billion yuan over last year also declined, but its net profit was eye-catching rose 51.37 percent from a year earlier, close to 13.2 million yuan. The other major TV manufacturers such as

Chang , Also have announced good earnings this quarter.

Quarterly publication of the three major color TV manufacturers, the only negative Xoceco third quarter net profit, announced a net loss of about 40 million yuan, but lower than its loss of 177 million semi-annual report published in the first half, has been shown to be more The only trend apparent loss.

Some experts said that from Hisense, TCL and other black business earnings report, reflects a strong growth in flat-panel television business brings huge profits.
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