Midea Group Co., Ltd.

Shenzhen Stock Exchange 000333.SZ

Midea Group Co., Ltd. EBT Margin for the year ending December 31, 2023: 10.83%

Midea Group Co., Ltd. EBT Margin is 10.83% for the year ending December 31, 2023, a 7.07% change year over year. EBT Ratio (Earnings Before Tax Ratio) is the fraction of earnings before taxes to total revenue, indicating the company's profitability before the impact of tax expenses.
  • Midea Group Co., Ltd. EBT Margin for the year ending December 31, 2022 was 10.11%, a 2.97% change year over year.
  • Midea Group Co., Ltd. EBT Margin for the year ending December 31, 2021 was 9.82%, a -11.39% change year over year.
  • Midea Group Co., Ltd. EBT Margin for the year ending December 31, 2020 was 11.08%, a 3.45% change year over year.
  • Midea Group Co., Ltd. EBT Margin for the year ending December 31, 2019 was 10.71%, a 8.83% change year over year.
Key data
Date EBT Margin Net Income Margin EBITDA Margin EBIT Margin
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Shenzhen Stock Exchange: 000333.SZ

Midea Group Co., Ltd.

CEO Mr. Hongbo Fang
IPO Date Sept. 18, 2013
Location China
Headquarters Midea Headquarters Building
Employees 198,613
Sector Industrials
Industries
Description

Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.

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StockViz Staff

January 15, 2025

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