Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Haier Smart Home Co. Ltd
Physical assets are 33.7% of total assets, a mixed footprint. Capex is 1.01x depreciation and free cash flow yield is still positive, which fits a physical base that is being replaced or expanded without consuming all of its cash. EBITDA after capex covers debt service by 0.97x, which is below 1.
Fixed-asset turnover is 5.54x. Compare it with other names in the same basket.
Physical asset ratio
33.7%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
5.54x
Revenue per dollar of the physical asset base.
Capex / D&A
1.01x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$36.74
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.28x
Price $10.28.
Fixed-charge coverage
0.97x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
72.9%
Latest free cash flow divided by current market cap ($23.72B).
ROIC
18.5%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.37x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 26.2% | 8.62x | 2.14x | $15.40 | 1.09x | $12.18B | 28.0% | 0.54x |
| 2019 | 29.1% | 7.63x | 1.33x | $18.17 | 1.31x | $8.89B | 24.6% | 0.55x |
| 2020 | 27.9% | 7.67x | 1.54x | $21.30 | 1.17x | $9.83B | 21.0% | 0.50x |
| 2021 | 31.8% | 7.79x | 1.47x | $21.19 | 1.04x | $15.76B | 28.8% | 0.54x |
| 2022 | 32.5% | 6.95x | 1.37x | $25.58 | 1.41x | $11.95B | 20.8% | 0.51x |
| 2023 | 31.8% | 6.36x | 1.39x | $30.10 | 1.39x | $15.36B | 21.4% | 0.48x |
| 2024 | 31.7% | 5.83x | 1.32x | $33.07 | 1.39x | $16.47B | 23.9% | 0.47x |
| 2025 | 33.7% | 5.54x | 1.01x | $36.74 | 0.97x | $17.30B | 18.5% | 0.37x |
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: $52.98B
Inventory: $46.88B
Total assets: $295.98B
Goodwill: $27.32B
Intangibles: $14.65B
Liabilities: $168.48B
Tangible book: $85.53B
Shares: 2,327,797,000
Revenue: $293.52B
Capex: $8.61B
D&A: $8.51B
EBITDA: $28.20B
Interest: $2.77B
Short-term debt: $17.42B
Free cash flow: $17.30B
Operating income: $19.69B
Invested capital: $91.18B
Tax rate: 14.1%