Fortune India 500 2025 edition
Rank#303- Total income
- ₹8,522 Cr
- Profit
- ₹481 Cr
Last year #352
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About Haier
Haier is a publicly listed company based in Qingdao (China) founded in 1984 by Zhang Ruimin. Manufacturer of consumer electronics and home appliances products. The company has 3 employees. Haier has completed 7 acquisitions, including Candy Group, Candy Home and Care+Protect. Its chief executive, as recorded, is Zhang Ruimin. Its website haier.com draws about 1.3 million monthly visits. Its Indian entity Haier Appliances (India) Private Limited reported revenue of ₹9,979 Cr. Haier offers products and services including Refrigerators and Washing Machines. Its focus areas include Consumer Goods, Diversified Consumer Electronics Brands, Household Durables and Home Appliances.
Company details
Haier was founded in 1984 in Qingdao, China, where manufacturing of consumer electronics and home appliances is conducted. Digital transformation services are offered, alongside a focus on high-end, scenario, and ecosystem brands within the real economy sector. IoT services are also integrated into operations. In 2022, revenues of 36.13 billion were achieved, with net profits totaling 2.22 billion.
Haier is ranked #303 on the Fortune India 500 (2025) and #102 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Haier
Fortune MNC 500 India 2026 edition
Rank#102- Total income
- ₹8,522 Cr
- Profit
- ₹481 Cr
Last year #116
Operational Areas
Key Metrics
- Indian entity revenue₹9,979 Cr
FY 2025 · +21% YoY
- Indian entity net profit₹518 Cr
FY 2025 · 5% margin
- Indian entity EBITDA₹976 Cr
FY 2025 · 10% margin
- Investors
- Employee Count3
- Investments & AcquisitionsCandy Group
& 6 more
Associated legal entities of Haier
Haier operates through Haier Appliances (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Haier Appliances (India) Private Limited CIN U74140DL2003PTC119101 | Active | 24 Feb 2003 | Delhi, Delhi | ₹9,979 Cr | 1,662 | 6 | View details |
Products & Services of Haier
Haier offers a comprehensive portfolio of products and services, including Refrigerators and Washing Machines.
Refrigerators
Home Appliances
Refrigerators are manufactured by Haier for food preservation and are distributed for household use.
Washing Machines
Home Appliances
Washing machines are produced by Haier to facilitate clothing cleaning and are offered with features for freshness and odor control.
Funding Insights of Haier
- Total Rounds 2
- Investors Count 1
All 2 funding rounds of Haier with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | Post-IPO | – | – | – | |
| Aug 2011 | Post-IPO | – | – |
Valuation history
1 investors in total: 1 institutional.
Investors in Haier
Haier has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Carlyle Group.
All
Venture Fund
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com |
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Investor details for Haier
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Board of directors of Haier Appliances (India) Private Limited (Haier)
Haier Appliances (India) Private Limited is the primary company behind Haier. The board of Haier Appliances (India) Private Limited currently have 4 directors; the longest-serving is Decheng Huang, appointed in 2021. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Decheng Huang DIN 09206751 | Managing Director | 17 Jun 2021 | 5 yrs 4 mo | Haier Appliances (India) Private Limited |
| Zhenhu Shao DIN 07488157 | Director | 17 Jun 2021 | 5 yrs 4 mo | Haier Appliances (India) Private Limited |
| Xinsan Sun DIN 09452851 | Director | 29 Dec 2021 | 4 yrs 10 mo | Haier Appliances (India) Private Limited |
| Satish Nandanna DIN 08499264 | Whole-time director | 01 Jan 2022 | 4 yrs 10 mo | Haier Appliances (India) Private Limited |
People of Haier
63 people are tracked at Haier (22 in leadership, 8 in board & advisors, 33 in team); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
Zhang Ruimin | Founder & CEO | Leadership |
Li Huagang | Director & President | Leadership |
Tony Zhu | Chief Design Director | Leadership |
Thomas Gass | Head Of Mda, Sda, CBI + Consumables DACH + BNLX | Leadership |
Daisy Yu | Marketing Director | Leadership |
Keith Cheng Jialiang | Director, Haier Singapore Innovation Centre | Leadership |
William Wu | Managing Director Of Haier Innovation Design Center | Leadership |
Fabian Piquet | Sales Development & Strategy Director | Leadership |
Wang Yan | Overseas Service Director | Leadership |
Cindy Xiu | Marketing Director | Leadership |
Sunghwan Choi | Director Of Product Design | Leadership |
Leo Liu | 集团 CTO | Leadership |
Shiqiang Huang | Treasury Director | Leadership |
Samuel Sun | Regional Account Director | Leadership |
Konstantin Potemichev | Head Of Backend Development | Leadership |
Li Chuan | General Director ,overseas Big Account Division | Leadership |
Angela C. | HCH Co-partner | Leadership |
M.D. Raibul Islam | Deputy Head Of Finance | Leadership |
Tadamasa Hayakawa | General Manager And Design Director Of Innovation Design Center At Haier Asia R&d In Japan. | Leadership |
Zahid Choudhri | Director Finance | Leadership |
43 more people are available in the full profile.
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Complete people profiles for Haier
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IPO & Listings of Haier
Haier is a publicly listed company on the SSE with ticker symbol 600690 in China, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Oct 2018
- Listed onFRA: 690D
- Listed entityHaier Smart Home Co., Ltd. Class A
- Exchange sectorConsumer durables
- ISINCNE000000CG9
- Share price20.47 CNY (-0.63% on the day) · 2026-10-14
- Market capitalisation177,925,795,670.22 CNY
- Price to earnings10.6
- EPS (diluted, trailing year)1.94 CNY
- Dividend yield5.63%
- Volume (last session)35,491,216
Financials of Haier
Figures of Haier Appliances (India) Private Limited, the primary company behind Haier, for FY 2025. Revenue was ₹9,979 Cr (+21% year on year). Net profit was ₹518 Cr (5% margin). EBITDA was ₹976 Cr (10% margin). Revenue has grown at a compounded annual rate of +43% over three years and +27% over five years.
- ₹9,979 CrRevenue · FY 2025 · +21% YoY
- ₹518 CrNet profit · 5% margin
- ₹976 CrEBITDA · 10% margin
- ₹1,668 CrPaid-up capital
- 1,662Employees (provident fund records)
- +43%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Exchange-reported annual figures
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 301.74B CNY | 19.55B CNY | 28.99B CNY |
| 2024 | 285.36B CNY | 18.73B CNY | 28.33B CNY |
| 2023 | 274.20B CNY | 16.60B CNY | 24.77B CNY |
| 2022 | 243.55B CNY | 14.71B CNY | 20.36B CNY |
| 2021 | 227.08B CNY | 13.08B CNY | 17.76B CNY |
Balance sheet, profit and loss, cash flow and ratios of Haier Appliances (India) Private Limited are on its company page.
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Detailed financial statements for Haier
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Investments & Acquisitions by Haier
Haier has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Candy Group, Candy Home and Care+Protect.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Water heaters and geysers are manufactured and distributed by Kwikot. | kwikot.com | Benoni, South Africa | 1903 | Dec 2024 | •••• | |
Washing machines and dishwashers are manufactured in the United Kingdom. | mycareplusprotect.co.uk | Bolton, United Kingdom | 2020 | Sep 2022 | •••• | |
Support services for crime victims are provided confidentially and independently. | candy-group.com | Brugherio, Italy | 1945 | Sep 2018 | $551.06M | |
Provider of home appliances and accessories, including washing machines, refrigerators, dishwashers, and more | candy-home.com | Brugherio, Italy | 2017 | Sep 2018 | •••• | |
Manufacturer of solar power systems and solar panels | greenonetec.com | 1992 | May 2017 | •••• | ||
Premium home appliances are manufactured for residential use. | geappliances.com | Louisville, United States | 2002 | Jan 2016 | $5.6B | |
High-end kitchen and laundry appliances are manufactured for homes. | fisherpaykel.com | Auckland, New Zealand | 1934 | Nov 2012 | $766.98M |
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Complete acquisition details for Haier
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Timeline of Haier
11 dated milestones of Haier across 40 years, from founding to its latest funding, stage changes and deals.
- Founded Haier is founded.
- Funding First funding round.
- Acquisition Acquires Fisher & Paykel.
- Acquisition Acquires GE Appliances.
- Acquisition Acquires GREENoneTEC.
- Acquisition Acquires Candy Home.
- Acquisition Acquires Candy Group.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires Care+Protect.
- Acquisition Acquires Kwikot.
Web traffic of Haier
The website of Haier (haier.com) receives about 1.3M visits a month and ranks #39,211 among all websites worldwide, #441 in Home and Garden.
- Monthly visits1.3M
▼ 6.6% vs previous month
- Unique visitors746.3K
per month
- Global rank#39,211
among all websites
- Category rank#441
Home and Garden · Home and Garden
Visitor engagement
- Bounce rate39%
- Pages per visit3.0
- Average visit1 min 42 sec
- DevicesDesktop 29% · Mobile 71%
Similar websites
Websites whose visitors overlap most with Haier. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hisense.com | 100% | 2.2M | #19,465 | View details | |
| hotpoint.com | 82% | 19.8K | #1,325,127 | View details | |
haierappliances.com | haierappliances.com | 82% | #440,423 | – | |
| irisplaza.co.jp | 74% | View details | |||
| homepro.co.th | 70% | 2.8M | #18,298 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Frequently Asked Questions about Haier
Haier was founded in 1984 and raised its 1st funding round 27 years after it was founded.
Haier is headquartered in Qingdao, China. It is registered at Qingdao, Shandong, China.
Zhang Ruimin is the CEO of Haier, as recorded in our data. They have also founded this company.
Haier has 3 employees.
The primary company behind Haier, Haier Appliances (India) Private Limited, reported revenue of ₹9,979 Cr for FY 2025, up 21% year on year.
Haier was founded in 1984 in Qingdao, China, where manufacturing of consumer electronics and home appliances is conducted. Digital transformation services are offered, alongside a focus on high-end, scenario, and ecosystem brands within the real economy sector. IoT services are also integrated into operations. In 2022, revenues of 36.13 billion were achieved, with net profits totaling 2.22 billion.
Haier offers Refrigerators and Washing Machines.
Yes, Haier is publicly traded on SSE under the ticker symbol 600690.
Haier has made 7 acquisitions, including Candy Group, Candy Home, and Care+Protect.
Haier has 1 investor. Key investors include The Carlyle Group.
Haier operates through Haier Appliances (India) Private Limited.
The legal entities of Haier currently have 5 directors, including Satish Nandanna, Xinsan Sun, Decheng Huang and others.