Haier Smart Home CoHSHCY +1.40%76 Beneish M-Score is -2.63 as of Jun. 25, 2026. GuruFocus rates HSHCY with a GF Score™ of 76/100 and a GF Value™ of $13.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 419 Furnishings, Fixtures & Appliances companies, Haier Smart Home Co ranks better than 57.28% on this metric.
The zones of discrimination for M-Score is as such:
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Good Sign:
Beneish M-Score -2.63 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Haier Smart Home Co's Beneish M-Score or its related term are showing as below:
HSHCY'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.84 Med: -2.56 Max: -1.88
Current: -2.63
During the past 13 years, the highest Beneish M-Score of Haier Smart Home Co was -1.88. The lowest was -2.84. And the median was -2.56.
Haier Smart Home Co Beneish M-Score Related Terms
Haier Smart Home Co Beneish M-Score Historical Data
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The historical data trend for Haier Smart Home Co's Beneish M-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home Co's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Haier Smart Home Co Beneish M-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Haier Smart Home Co's Beneish M-Score falls into.
The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.
The M-Score Variables:
The M-score of Haier Smart Home Co for today is based on a combination of the following eight different indices:
M
=
-4.84
+
0.92 * DSRI
+
0.528 * GMI
+
0.404 * AQI
+
0.892 * SGI
+
0.115 * DEPI
=
-4.84
+
0.92 * 0.9388
+
0.528 * 1.0421
+
0.404 * 0.9685
+
0.892 * 1.0347
+
0.115 * 1
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9948
+
4.679 * -0.021128
-
0.327 * 0.9616
=
-2.58
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.
DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.
DEPI
=
(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1))
/
(Depreciation_t / (Depreciaton_t + PPE_t))
=
(0 / (0 + 6927.384))
/
(0 / (0 + 7410.763))
=
0
/
0
=
1
Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.
6. SGAI = Sales, General and Administrative expenses Index
Total accruals calculated as the change in working capital accounts other than cash less depreciation.
TATA
=
(IncomefromContinuingOperations_t
-
CashFlowsfromOperations_t)
/
TotalAssets_t
=
(NetIncome_t - NonOperatingIncome_t
-
CashFlowsfromOperations_t)
/
TotalAssets_t
=
(2645.744 - 0
-
3567.177)
/
43611.53
=
-0.021128
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Haier Smart Home Co has a M-score of -2.58 suggests that the company is unlikely to be a manipulator.
Haier Smart Home Co (HSHCY) has a Beneish M-Score of -2.63 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Haier Smart Home Co and its competitors. According to the industry distribution chart, Haier Smart Home Co ranks #179 out of 419 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 42.7%.
Is Haier Smart Home Co's Beneish M-Score too high?
Haier Smart Home Co's current Beneish M-Score is -2.63. Based on the distribution chart, Haier Smart Home Co ranks #179 out of 419 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Haier Smart Home Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haier Smart Home Co's Beneish M-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Haier Smart Home Co ranks #179 out of 419 companies for Beneish M-Score. This puts Haier Smart Home Co in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Furnishings, Fixtures & Appliances company?
A good Beneish M-Score depends on the Furnishings, Fixtures & Appliances industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Haier Smart Home Co and its competitors. Haier Smart Home Co's current Beneish M-Score is -2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haier Smart Home Co stock overvalued right now?
Based on GuruFocus' analysis, Haier Smart Home Co (HSHCY) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.57, compared to a current price of $10.13 — trading 25.4% below its estimated fair value. The current Beneish M-Score is -2.63. Haier Smart Home Co's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Haier Smart Home Co (HSHCY), the current Beneish M-Score is -2.63 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Haier Smart Home Co (HSHCY) Overvalued in 2026?
Based on GuruFocus' analysis, Haier Smart Home Co stock appears to be undervalued.
The current stock price of $10.13 is trading 25.4% below its estimated GF Value™ of $13.57.
GuruFocus considers Haier Smart Home Co to be Modestly Undervalued.
Key valuation signals for HSHCY:
Beneish M-Score: -2.63
GF Value™: $13.57 vs. price of $10.13 (25.4% below fair value)
No single metric tells the full story. See the HSHCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2025, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.
76GF Score
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