Midea Group Co., Ltd. (MGCOF)

Revenue Breakdown

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Smart Home Solutions Revenue	295.23B	266.98B
Smart Home Solutions Revenue Growth	10.58%	-
Intelligent Building Technology Revenue	28.84B	26.35B
Intelligent Building Technology Revenue Growth	9.42%	-
Other Unallocated Revenue	44.74B	46.54B
Other Unallocated Revenue Growth	-3.86%	-
Energy Solutions and Industrial Technology Revenue	40.27B	33.84B
Energy Solutions and Industrial Technology Revenue Growth	19.01%	-

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Mainland China Revenue	240.05B	222.80B
Mainland China Revenue Growth	7.74%	-
Other Countries Revenue	169.03B	150.91B
Other Countries Revenue Growth	12.01%	-

Revenue Breakdown 2

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Manufacturing Revenue	333.06B
Manufacturing Revenue Growth	8.90%
Other Segment Revenue	38.98B
Other Segment Revenue Growth	2.38%

Revenue by Geography 2

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
PRC Revenue	221.13B
PRC Revenue Growth	9.87%
Outside PRC Revenue	150.91B
Outside PRC Revenue Growth	5.79%

Revenue Breakdown 3

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
HVAC Revenue	161.11B
HVAC Revenue Growth	6.96%
Consumer Appliances Revenue	134.69B
Consumer Appliances Revenue Growth	7.51%
Robotics & Automation Systems Revenue	37.26B
Robotics & Automation Systems Revenue Growth	24.49%
Other Product Revenue	38.98B
Other Product Revenue Growth	2.38%

Revenue Breakdown 4

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Online Revenue	77.33B
Online Revenue Growth	13.70%
Offline Revenue	294.71B
Offline Revenue Growth	6.81%

Gross Profit

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Smart Home Solutions Segment Profit	28.72B	27.83B
Smart Home Solutions Segment Profit Growth	3.18%	-
Intelligent Building Technology Segment Profit	5.05B	4.24B
Intelligent Building Technology Segment Profit Growth	19.02%	-
Other Unallocated Segment Profit	3.12B	2.77B
Other Unallocated Segment Profit Growth	12.70%	-
Eliminations from Segment Profit	-86.22M	112.27M
Energy Solutions and Industrial Technology Segment Profit	4.41B	3.74B
Energy Solutions and Industrial Technology Segment Profit Growth	17.86%	-

Key Performance Indicators

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Home Appliances Unit Sales	597.16M
Home Appliances Unit Sales Growth	9.02%
Home Appliances Unit Output	580.95M
Home Appliances Unit Output Growth	7.61%

Updated undefined. Data Source: Fiscal.ai.