Changhong Meiling Co., Ltd.

Shenzhen Stock Exchange 000521.SZ

Changhong Meiling Co., Ltd. Gross Profit Margin for the year ending December 31, 2023: 13.94%

Changhong Meiling Co., Ltd. Gross Profit Margin is 13.94% for the year ending December 31, 2023, a 1.74% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Changhong Meiling Co., Ltd. Gross Profit Margin for the year ending December 31, 2022 was 13.71%, a 14.26% change year over year.
  • Changhong Meiling Co., Ltd. Gross Profit Margin for the year ending December 31, 2021 was 12.00%, a -27.24% change year over year.
  • Changhong Meiling Co., Ltd. Gross Profit Margin for the year ending December 31, 2020 was 16.49%, a -11.89% change year over year.
  • Changhong Meiling Co., Ltd. Gross Profit Margin for the year ending December 31, 2019 was 18.71%, a 0.28% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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Shenzhen Stock Exchange: 000521.SZ

Changhong Meiling Co., Ltd.

CEO Mr. Ming Zhong
IPO Date Oct. 18, 1993
Location China
Headquarters Economic and Technology Development Zone
Employees 16,149
Sector Technology
Industries
Description

Changhong Meiling Company Co., Ltd. manufactures electric appliances in China and internationally. It operates through four segments: Air-Conditioning, Refrigerator & Freezer & Washing Machine, Small Home Appliance, and Others. The company engages in the research and development of technology; provision of technical consulting, warehousing, and other services; and processing, design, sale, installation, and maintenance of refrigeration equipment, washing machines, air conditioners, kitchen and bath appliances, small household appliances, and others. It is also involved in the installation of mechanical and electrical equipment; processing and sale of metal products; and import and export, wholesale, and distribution of various household appliances, materials, equipment, and technology. In addition, the company produces freezers, heat pumps, water and electric heaters, air conditioning and electric fans, humidifiers, clothes dryers, dehumidifiers, air purifiers, air water generators, electric fireplaces, kitchenware, and spare parts. Further, it is involved in the software development and consulting; and research and development, production, and sale of non-electric household appliances, gas water heaters and boilers, toilet furniture, audio-visual equipment, radio and television equipment, computers, communications and other electronics, interior decoration materials, general equipment, smart bags, and personal hygiene products. Additionally, the company business management consulting and bio-medical field services. The company was formerly known as Hefei Meiling Co., Ltd. and changed its name to Changhong Meiling Company Co., Ltd. in July 2018. Changhong Meiling Company Co., Ltd. was founded in 1983 is based in Hefei, China.

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StockViz Staff

January 15, 2025

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