TCL Smart Home(SZ:002668) Xin Lang Cai Jing·2025-11-12 07:31Core Viewpoint - TCL Smart Home has shown a positive market performance with a 2.34% increase in stock price, reaching a market capitalization of 12.316 billion yuan [1] Group 1: Business Overview - The company's main business includes the research, production, and sales of household refrigerators, freezers, and washing machines [3] - As of the 2024 annual report, overseas revenue accounts for 73.50% of total revenue, benefiting from the depreciation of the RMB [4] - The revenue composition is as follows: refrigerators and freezers 84.92%, washing machines 14.37%, and others 0.72% [8] Group 2: Market Position and Performance - TCL has maintained the position of the largest exporter of refrigerators in China for 14 consecutive years, serving over 130 countries and regions, including those involved in the Belt and Road Initiative [2] - For the period from January to September 2025, TCL achieved operating revenue of 14.346 billion yuan, a year-on-year increase of 2.87%, and a net profit attributable to shareholders of 977 million yuan, up 18.45% year-on-year [8] Group 3: Technological Advancements - The company has made advancements in AI voice control and AI intelligent dual-inverter technology, enhancing the intelligence level of its products to meet customer demands [4] Group 4: Shareholder and Market Activity - As of September 30, 2025, the number of shareholders decreased by 2.23% to 36,200, while the average circulating shares per person increased by 2.28% to 29,971 shares [8] - The stock has seen a net outflow of 6.1328 million yuan from major funds today, with a ranking of 10 out of 10 in the industry [5][6]