Jin Rong Jie·2026-01-30 14:48Core Viewpoint - Haier Smart Home is accelerating its share buyback program to stabilize market and investor expectations amid recent market volatility [1] Group 1: Share Buyback Activities - On January 30, Haier Smart Home repurchased approximately 1.79 million A-shares for about 45.22 million yuan, marking a new high for daily buyback amount [1] - The total buyback amount for the two consecutive days reached 65.82 million yuan, with a cumulative buyback amount of 121 million yuan since the beginning of January [1][2] - The company has conducted 15 buybacks in January 2026, reflecting its commitment to returning value to shareholders [1][2] Group 2: Dividend Policy - Haier Smart Home has distributed approximately 46.2 billion yuan in dividends since its listing, with a dividend payout ratio of 36.09%, which is expected to increase to 48% for the 2024 fiscal year [2] - The company anticipates further increasing the dividend payout ratio to 50% for the 2025-2026 fiscal years [2] Group 3: Financial Performance and Growth Prospects - From 2022 to 2024, Haier Smart Home's revenue grew from 243.6 billion yuan to 286 billion yuan, while net profit increased from 14.7 billion yuan to 18.7 billion yuan [3] - In the first three quarters of 2025, the company achieved revenue of 234.05 billion yuan, a year-on-year increase of 9.98%, and net profit of 17.37 billion yuan, up 14.68% year-on-year [3] - The company is advancing digital transformation by integrating AI across its operations, enhancing user experience, and expanding its market presence [3] Group 4: Market Sentiment and Analyst Ratings - Haier Smart Home has attracted attention from various institutions, with several firms issuing "buy" ratings based on its strong revenue and profit growth, as well as its increasing market share [3] - Analysts project a net profit CAGR of 12% from 2025 to 2027, highlighting the company's attractive valuation and 4% dividend yield [3]