Midea Group Co., Ltd. Website

Midea Group Co., Ltd.

SZSE-000333

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

257,061

261,475

308,297.9

316,465.5

344,133.3

362,430.7

Other Revenues, Total

21,156.3

22,746.6

32,935.8

27,452.8

27,904.6

29,892.8

Total Revenues

278,217.3

284,221.5

341,233.8

343,918.3

372,037.9

392,323.5

Total Revenues % Chg.

7.1%

2.2%

20.1%

0.8%

8.2%

9.5%

Cost of Goods Sold, Total

198,252.5

217,316.8

265,129.3

261,006.2

273,684.3

284,916.5

Gross Profit

79,964.8

66,904.7

76,104.5

82,912.1

98,353.6

107,407

Selling General & Admin Expenses, Total

44,142.6

32,827.6

38,913.6

40,298.8

48,357.8

53,703.8

Provision for Bad Debts

69.9

139.4

86.2

499.8

224.1

84.3

R&D Expenses

—

—

—

9,638.1

10,118.7

12,014.9

12,618.5

14,583.3

15,634.9

Other Operating Expenses

526

109.6

301.9

-330.2

-265.9

-799.7

Other Operating Expenses, Total

54,376.6

43,195.2

51,316.7

53,086.8

62,899.3

68,623.3

Operating Income

25,588.2

23,709.5

24,787.8

29,825.2

35,454.3

38,783.7

Interest Expense, Total

-1,003.3

-1,410.8

-1,444.6

-1,880.4

-2,839.8

-2,360.9

Interest And Investment Income

5,134.4

7,513.7

9,674.5

7,836.2

9,086.9

9,666.5

Net Interest Expenses

4,131.1

6,102.9

8,229.8

5,955.8

6,247.2

7,305.7

Currency Exchange Gains (Loss)

-531.1

446.4

798.1

-507.1

-904.7

-2,531.1

Other Non Operating Income (Expenses)

71.5

0

76.2

83.4

-150.3

-29.4

EBT, Excl. Unusual Items

29,259.8

30,258.8

33,892

35,357.4

40,646.4

43,528.8

Impairment of Goodwill

—

—

—

—

—

-552.2

—

—

—

—

—

Gain (Loss) On Sale Of Investments

1,361.2

1,763

-166.4

-257.4

-226.5

126.2

Gain (Loss) On Sale Of Assets

-131.1

-60.5

58.3

-59.9

-60.9

44.6

Asset Writedown

-8.5

-297.4

-35

-54.2

-78

-74.1

Other Unusual Items

—

—

—

-0.3

-31.3

-30.1

-3.8

-4.1

EBT, Incl. Unusual Items

29,929.1

31,663.5

33,717.5

34,955.9

40,277.2

43,621.4

Income Tax Expense

4,652

4,157

4,702.2

5,145.7

6,531.8

7,263.6

Earnings From Continuing Operations

25,277.1

27,506.5

29,015.4

29,810.2

33,745.4

36,357.8

Minority Interest

-1,065.9

-283.6

-441.7

-256.7

-25.4

-66

Net Income

24,211.2

27,223

28,573.7

29,553.5

33,719.9

36,291.8

Preferred Dividend and Other Adjustments

—

—

—

—

41.1

64.9

82.2

63.6

66.2

94

Net Income to Common Incl Extra Items

24,170.1

27,158

28,491.5

29,490

33,653.8

36,197.8

Net Income to Common Excl. Extra Items

24,170.1

27,158

28,491.5

29,490

33,653.8

36,197.8

Total Shares Outstanding

6,909.7

6,988.1

6,830

6,850.6

6,907.4

6,951.7

Weighted Avg. Shares Outstanding

6,707.3

6,908.9

6,837.5

6,790.9

6,824.1

6,854.5

Weighted Avg. Shares Outstanding Dil

6,771.6

6,972.4

6,906.3

6,819.2

6,849.2

6,883.6

EPS

3.6

3.9

4.2

4.3

4.9

5.3

EPS Diluted

3.6

3.9

4.1

4.3

4.9

5.3

EBITDA

30,756.5

28,729.7

30,058.2

36,333.2

41,462.4

44,665

Effective Tax Rate

15.5%

13.1%

13.9%

14.7%

16.2%

16.7%