TCL Smart Home(SZ:002668) Xin Lang Cai Jing·2025-12-15 07:40Core Viewpoint - TCL Smart Home has shown a positive market performance with a 2.64% increase in stock price, reaching a market capitalization of 11.817 billion yuan [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 highest export volume 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 period from January to September 2025, TCL Smart Home achieved a revenue of 14.346 billion yuan, representing a year-on-year growth of 2.87%, while net profit attributable to shareholders increased by 18.45% to 977 million yuan [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 business [2] - The stock has experienced a net inflow of 11.394 million yuan from major investors today, with a total trading volume of 141.79 million yuan over the last three days [5][6]