TCL Smart Home(SZ:002668) Xin Lang Cai Jing·2025-10-10 07:33Core Viewpoint - TCL Smart Home has shown a positive market performance with a 1.34% increase in stock price and a total market capitalization of 10.635 billion yuan as of October 10, 2023 [1] Group 1: Business Overview - The main business of the company includes the research, production, and sales of household refrigerators, freezers, and washing machines [3] - The company has maintained the position of the largest exporter of refrigerators in China for 14 consecutive years, serving over 130 countries and regions, including those along the Belt and Road Initiative [3] - As of the 2024 annual report, overseas revenue accounts for 73.50% of total revenue, benefiting from the depreciation of the RMB [4] Group 2: Financial Performance - For the first half of 2025, TCL Smart Home achieved operating revenue of 9.476 billion yuan, representing a year-on-year growth of 5.74%, and a net profit attributable to shareholders of 638 million yuan, up 14.15% year-on-year [8] - The company has distributed a total of 224 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [9] Group 3: Market Dynamics - The company is involved in cross-border e-commerce, although this segment currently represents a small portion of its overall business [2] - The stock has seen a slight net inflow of 10.364 million yuan today, with a net inflow of 1.08 billion yuan in the industry, indicating a mixed trend in market interest [5][6] Group 4: Technical Analysis - The average trading cost of the stock is 10.53 yuan, with the current price near a support level of 9.62 yuan, suggesting potential for a rebound if this support holds [7]