Guangdong TCL Smart Home Appliances Co., Ltd. (SHE:002668)

China · Delayed Price · Currency is CNY

9.57

+0.19 (2.03%)

Sep 1, 2026, 3:04 PM CST

SHE:002668 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	18,989	18,531	18,361	15,180	11,663	10,122
Revenue Growth	0.60%	0.93%	20.96%	30.15%	15.22%	21.29%
Gross Profit	4,706	4,609	4,152	3,479	2,257	2,097
Operating Income	2,496	2,455	2,016	1,673	856.38	427.48
Net Income	996.46	1,123	1,019	786.59	464.43	-79.91
Earnings Per Share	0.92	1.04	0.94	0.73	0.43	-0.07
EPS Growth	-8.92%	10.64%	28.77%	69.77%	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Appliance Industry	18,394	18,214	15,015
Unallocated Other Operations	137.11	146.89	164.8
Total	18,531	18,361	15,180

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	6,160	5,790	4,915	4,100	2,735	3,293
Total Debt	1,535	1,127	921.56	938.27	972.15	890.93
Net Cash (Debt)	4,624	4,663	3,993	3,161	1,763	2,402
Net Cash Growth	-8.11%	16.77%	26.32%	79.29%	-26.59%	-26.93%
Net Cash Per Share	4.27	4.32	3.68	2.93	1.63	2.10

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	2,354	2,545	2,247	2,798	432.61	922
Capital Expenditures	-951.78	-789.05	-698.12	-486.58	-396.93	-202.9
Free Cash Flow	1,402	1,756	1,549	2,311	35.69	719.1
Free Cash Flow Growth	-35.05%	13.39%	-33.00%	6376.35%	-95.04%	-40.72%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	24.78%	24.87%	22.61%	22.92%	19.35%	20.72%
Operating Margin	13.14%	13.25%	10.98%	11.02%	7.34%	4.22%
Pretax Margin	12.08%	13.74%	12.19%	11.71%	9.30%	5.01%
Profit Margin	5.25%	6.06%	5.55%	5.18%	3.98%	-0.79%
FCF Margin	7.38%	9.48%	8.43%	15.23%	0.31%	7.10%

Dividends

Fiscal Year	Current	FY 2025
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025
Dividend Per Share	0.204	0.204
Dividend Per Share Growth	0%	-
Dividend Yield	2.07%	2.00%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
PE Ratio	10.20	10.02	13.96	9.11	12.40	-
Forward PE	8.77	9.06	13.57	8.93	8.49	8.49
P/FCF Ratio	7.25	6.41	9.19	3.10	161.30	8.32
PS Ratio	0.54	0.61	0.78	0.47	0.49	0.59