Changhong Meiling Co., Ltd.

Shenzhen Stock Exchange:000521.SZ

Sector

🔌 Utilities

Industries

🚰 General Utilities

🔌 Hardware & Electronics

🔩 Machinery

🛍 Specialty Retail

🏗️ Steel

Location

China

Market Cap

USD 939.28 M

Share Price

USD 0.97

Avg Daily Volume

22,167,388

Change (1 day)

0.07%

Change (1 year)

-11.51%

Change (YTD)

-13.05%

Changhong Meiling Co., Ltd. Operating Income for the year ending December 31, 2024: USD 111.56 M

Changhong Meiling Co., Ltd. Operating Income is USD 111.56 M for the year ending December 31, 2024, a -1.29% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.

Changhong Meiling Co., Ltd. Operating Income for the year ending December 31, 2023 was USD 113.02 M, a 57.50% change year over year.
Changhong Meiling Co., Ltd. Operating Income for the year ending December 31, 2022 was USD 71.76 M, a 78.01% change year over year.
Changhong Meiling Co., Ltd. Operating Income for the year ending December 31, 2021 was USD 40.31 M, a 406.03% change year over year.
Changhong Meiling Co., Ltd. Operating Income for the year ending December 31, 2020 was USD 7.97 M, a -72.27% change year over year.

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Key data

Date	Operating Income	EBIT	EBITDA	Net Income

Shenzhen Stock Exchange: 000521.SZ

Changhong Meiling Co., Ltd.

CEO	Mr. Youdao Tang
IPO Date	Oct. 18, 1993
Location	China
Headquarters	Economic and Technology Development Zone
Employees	14,655
Sector	🔌 Utilities
Industries General Utilities 🔌 Hardware & Electronics 🔩 Machinery 🛍 Specialty Retail 🏗️ Steel

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.