Information Times (Reporter Chen Shufen) On March 30, Hisense Home Appliances released its 2021 annual report. Facing severe challenges such as rising raw material prices and shipping costs, and shortage of core material supplies, Hisense Home Appliances bucked the trend and achieved breakthroughs in development and revenue. It reached 67.6 billion yuan, a year-on-year increase of 40% and a new record high. It is worth noting that the company has completed the acquisition of Sanden Co., Ltd., the world‘s leading supplier of automotive air-conditioning compressors and automotive air-conditioning systems, which has accelerated its diversified industrial layout and entered the new energy vehicle industry.
In recent years, the competition in the home appliance market has become increasingly fierce. Hisense Home Appliances has given full play to its unique advantages in marketing, branding, technology, etc. to continuously win the market and expand its scale. In 2021, the HVAC revenue is 30.403 billion yuan, a year-on-year increase of 30.00%; Revenue was 23.018 billion yuan, a year-on-year increase of 23.03%. The 2B business segment performed brilliantly. The central air-conditioning revenue reached 18.4 billion yuan, a year-on-year increase of 38%. The multi-line central air-conditioning continued to lead the industry; the commercial cold chain business maintained rapid growth, with a year-on-year increase of 54%. The sales of commercial display cabinet products continued It has ranked first in the industry for 4 years and has become a global strategic partner of many well-known beverage brands. In addition, Hisense Home Appliances achieved a main business income of 7.342 billion yuan in automotive air-conditioning compressors and integrated thermal management systems, kitchen and bathroom appliances, and mold plastic sheet metal, showing broad development prospects.
Thanks to the steady advancement of the internationalization strategy, Hisense’s overseas brand awareness and influence have been continuously improved, and a dual-drive development model has been formed in which domestic and overseas businesses 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%. As of the end of the reporting period, the total assets of Hisense home appliances were 55.9 billion yuan, a year-on-year increase of 33.81%, and 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 on a comparable basis improved by 1.82 days year-on-year.Return to Sohu, see more
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