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Midea Group Co.,Ltd (China)

Main Activities: Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing | Household Appliance Manufacturing
Full name: Midea Group Co.,Ltd Profile Updated: March 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Midea Group Co., Ltd. is a large comprehensive enterprise group primarily engaged in the home appliance manufacturing industry. The company is located in Foshan, China. It owns several listed companies, including Little Swan (SZ000418) and Welling Holdings (HK00382). Midea Group's main products include household air conditioners, commercial air conditioners, large central air conditioners, refrigerators, washing machines, microwave ovens, fans, dishwashers, and induction cookers. The company has the most complete air conditioning industry chain, refrigerator industry chain, washing machine industry chain, microwave oven industry chain, and dishwasher industry chain in China. It also has a wide range of small household appliances and kitchen appliances. In 2013, Midea was ranked fifth among the most valuable brands in China, with a brand value of 65.336 billion yuan. In the future, Midea aims to transform its development approach, promote strategic transformation, strengthen independent innovation, actively promote structural adjustments, and build a customer-oriented agile enterprise. The company aspires to become a world-class white goods company with global competitiveness.

Headquarters
6 Midea Avenue Beijiao Shunde Foshan Guangdong
Foshan; Guangdong; Postal Code: 528311

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Website: http://www.midea.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 07, 2000
Key Executives
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Director
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Director
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Director
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Director
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Independent Director
Ownership Details
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30.85%
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19.97%
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2.82%
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1.66%
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1.26%
Subsidiaries
Chongqing Midea Refrigeration Equipment Co., Ltd.
100%
Foshan Shunde Midea Home Appliances Industrial Co., Ltd.
100%
Foshan Shunde Midea Washing Electrical Appliances Manufacturing Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Midea Group Co.,Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
7.58%
Total operating revenue
7.88%
Operating profit (EBIT)
17.85%
EBITDA
17.32%
Net Profit (Loss) for the Period
14.55%
Total assets
11.39%
Total equity
13.03%
Operating Profit Margin (ROS)
1%
Net Profit Margin
0.58%
Return on Equity (ROE)
0.22%
Debt to Equity Ratio
-13.35%
Quick Ratio
-0.18%
Cash Ratio
-0.04%

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