Skyworth Group (SWDHY)

Overall impact
C (51)

Commentary

Skyworth Group is an average overall performer. With a 'C' rating of 50.9 for overall impact (43rd percentile compared to all companies), Skyworth Group ranks 16th out of 34 industry peers, behind Koss, Boxlight, Vitec and 12 others, and ahead of Xiaomi, Sharp, Xiamen Intretech and 15 others. On top material causes for Skyworth Group's industry (Consumer Discretionary Products), Skyworth Group performs well in Healthy Oceans (88.2 score), Clean Water Access (82.4), Reduced Waste (83.0) and 3 other causes where it received an 'A' score and performs poorly in Fair Labor Practices (11.3 score), Equal Pay and Opportunity (17.3), No Poverty (18.0) and 10 other causes where it received a 'D' or 'F' score.
Impact
Cause SWDHY
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Company
Employees
29,100
Sector
Consumer Discretionary
Industry
Household Durables
Sub-industry
Consumer Electronics
SASB industry
Electrical & Electronic Equipment
Headquarters
Hong Kong
Share classes
SWDHY
ADR
Description
Skyworth Group Limited, an investment holding company, researches and develops, manufactures, sells, trades, and exports consumer electronic products worldwide. It operates through the Smart Household Appliances Business, Smart Systems Technology Business, New Energy Business, and Modern Services Business and Others segments. The Smart Household Appliances Business segment manufactures and sells smart TV systems, smart white appliances, and other smart appliances, such as smart air conditioners, smart refrigerators, smart washing machines, and smart kitchen appliances, as well as tablet computers. Its Smart Systems Technology Business segment manufactures and sells home access systems that include set-top boxes, broadband network access solutions, intelligent manufacturing that primarily consists of LCD modules, automotive electronic systems, lighting products, security systems, and other electronic products. The New Energy Business segment engages in the sale and installation of distributed photovoltaic power stations in the customer-side retail sector in the PRC market for residential and commercial uses. Its Modern Services Business and Others segment engages in the sale of properties, loan financing, leasing of properties, trading of other products, maintenance and repair for home appliances, macro-logistics services, international trade, construction development, financial leasing, and property operation for industrial parks. The company also engages in the development and holding of properties; treasury management activities; and provision of internet value-added services. The company was formerly known as Skyworth Digital Holdings Limited and changed its name to Skyworth Group Limited in June 2019. Skyworth Group Limited was founded in 1988 and is headquartered in Quarry Bay, Hong Kong.
Material causes
Ethos considers the following causes material for Skyworth Group, based on its industry sub-industry Consumer Electronics. Learn more about material causes in our methodology overview.

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