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TCL Smart Home Annual Report Summary: Net profit attributable to parent company in 2025 increased by 10.22% year-on-year
Radar Finance | Wen Xiuyu, Editor | Li Yihui, Compiler
On March 10, TCL Smart Home (002668) released its 2025 annual report summary. During the reporting period, it achieved operating revenue of 18.531 billion yuan, a year-on-year increase of 0.93%. Net profit attributable to shareholders of the listed company was 1.123 billion yuan, up 10.22% year-on-year. After deducting non-recurring gains and losses, net profit attributable to shareholders was 1.122 billion yuan, an increase of 12.47%. Basic earnings per share were 1.04 yuan, up 10.64% year-on-year.
According to Tianyancha data, TCL Smart Home was established on November 1, 2002, with a registered capital of 1,084.111428 billion yuan. The legal representative is Peng Pan, and the registered address is 2nd Floor, A1, No. 59 Nantou Avenue, Nantou Town, Zhongshan City. Its main business involves the research, development, production, and sales of household refrigerators, freezers, and washing machines.
Currently, the company’s chairman is Peng Pan, the secretary of the board is Wen Xiaorui, with 14,923 employees. The actual controller is Li Dongsheng.
The company has stakes in 7 subsidiaries, including TCL Home Appliances (Hefei) Co., Ltd., TCL Home Appliances (Huiyang) Co., Ltd., TCL Intelligent Technology (Hefei) Co., Ltd., Guangdong Aoma Refrigerator Co., Ltd., and Dongjin Industrial Co., Ltd., among others.
In terms of performance, the company’s operating revenue for 2023, 2024, and 2025 are 15.18 billion yuan, 18.361 billion yuan, and 18.531 billion yuan, respectively, with year-on-year growth rates of 30.15%, 20.96%, and 0.93%. Net profits attributable to the parent company are 787 million yuan, 1.019 billion yuan, and 1.123 billion yuan, with year-on-year increases of 69.37%, 29.58%, and 10.22%. During the same period, the company’s asset-liability ratio was 81.08%, 76.21%, and 68.91%.
Regarding risks, Tianyancha information shows the company has 286 internal Tianyan risks, 578 surrounding risks, 194 historical risks, and 150 warning alert risks.