Midea Group Co., Ltd.

Shenzhen Stock Exchange 000333.SZ

Midea Group Co., Ltd. Operating Cash Flow for the year ending December 31, 2023: USD 8.16 B

Midea Group Co., Ltd. Operating Cash Flow is USD 8.16 B for the year ending December 31, 2023, a 62.39% change year over year. Operating cash flow is cash generated from the company’s regular business operations.
  • Midea Group Co., Ltd. Operating Cash Flow for the year ending December 31, 2022 was USD 5.02 B, a -9.06% change year over year.
  • Midea Group Co., Ltd. Operating Cash Flow for the year ending December 31, 2021 was USD 5.52 B, a 21.96% change year over year.
  • Midea Group Co., Ltd. Operating Cash Flow for the year ending December 31, 2020 was USD 4.53 B, a -18.29% change year over year.
  • Midea Group Co., Ltd. Operating Cash Flow for the year ending December 31, 2019 was USD 5.54 B, a 36.80% change year over year.
Key data
Date Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities Dividends Paid
Market news
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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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