Midea Group Co., Ltd. (SHE:000333)
76.41
-0.11 (-0.14%)
Apr 10, 2026, 3:04 PM CST
Midea Group Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 422,681 | 374,029 | 344,133 | 316,465 | 308,298 |
Other Revenue | 33,772 | 33,121 | 27,905 | 27,453 | 32,936 |
| 456,452 | 407,150 | 372,038 | 343,918 | 341,234 | |
Revenue Growth (YoY) | 12.11% | 9.44% | 8.18% | 0.79% | 20.06% |
Cost of Revenue | 336,653 | 300,206 | 276,612 | 261,006 | 265,129 |
Gross Profit | 119,799 | 106,944 | 95,426 | 82,912 | 76,104 |
Selling, General & Admin | 58,984 | 53,260 | 45,430 | 40,299 | 38,914 |
Research & Development | 17,788 | 16,233 | 14,583 | 12,619 | 12,015 |
Other Operating Expenses | -447.02 | -1,115 | -265.88 | -330.23 | 301.88 |
Operating Expenses | 76,715 | 68,364 | 59,971 | 53,087 | 51,317 |
Operating Income | 43,084 | 38,580 | 35,454 | 29,825 | 24,788 |
Interest Expense | -2,212 | -2,455 | -2,840 | -1,880 | -1,445 |
Interest & Investment Income | 12,189 | 10,578 | 9,087 | 7,836 | 9,674 |
Currency Exchange Gain (Loss) | -234.37 | -1,398 | -904.74 | -507.08 | 798.12 |
Other Non Operating Income (Expenses) | -0.78 | 249.82 | -150.31 | 83.44 | 76.2 |
EBT Excluding Unusual Items | 52,826 | 45,554 | 40,646 | 35,357 | 33,892 |
Gain (Loss) on Sale of Investments | 415.31 | 1,302 | -226.49 | -257.35 | -166.41 |
Gain (Loss) on Sale of Assets | -76.02 | 214.9 | -60.87 | -59.85 | 58.26 |
Asset Writedown | -78.18 | -384.91 | -78.02 | -54.17 | -35.02 |
Other Unusual Items | -2.1 | 3.86 | -3.85 | -30.13 | -31.28 |
Pretax Income | 53,085 | 46,690 | 40,277 | 34,956 | 33,718 |
Income Tax Expense | 8,565 | 7,933 | 6,532 | 5,146 | 4,702 |
Earnings From Continuing Operations | 44,520 | 38,757 | 33,745 | 29,810 | 29,015 |
Minority Interest in Earnings | -574.79 | -219.98 | -25.42 | -256.72 | -441.73 |
Net Income | 43,945 | 38,537 | 33,720 | 29,554 | 28,574 |
Preferred Dividends & Other Adjustments | 115.44 | 83.94 | 66.16 | 63.56 | 82.15 |
Net Income to Common | 43,830 | 38,453 | 33,654 | 29,490 | 28,491 |
Net Income Growth | 14.03% | 14.29% | 14.10% | 3.43% | 4.96% |
Shares Outstanding (Basic) | 7,559 | 7,071 | 6,824 | 6,791 | 6,837 |
Shares Outstanding (Diluted) | 7,608 | 7,113 | 6,849 | 6,819 | 6,906 |
Shares Change (YoY) | 6.96% | 3.85% | 0.44% | -1.26% | -0.95% |
EPS (Basic) | 5.80 | 5.44 | 4.93 | 4.34 | 4.17 |
EPS (Diluted) | 5.76 | 5.42 | 4.92 | 4.33 | 4.14 |
EPS Growth | 6.33% | 10.07% | 13.58% | 4.75% | 5.97% |
Free Cash Flow | 42,204 | 52,672 | 51,589 | 27,306 | 28,266 |
Free Cash Flow Per Share | 5.55 | 7.41 | 7.53 | 4.00 | 4.09 |
Dividend Per Share | 4.300 | 3.500 | 3.000 | 2.500 | 1.700 |
Dividend Growth | 22.86% | 16.67% | 20.00% | 47.06% | 6.25% |
Gross Margin | 26.25% | 26.27% | 25.65% | 24.11% | 22.30% |
Operating Margin | 9.44% | 9.48% | 9.53% | 8.67% | 7.26% |
Profit Margin | 9.60% | 9.44% | 9.05% | 8.58% | 8.35% |
Free Cash Flow Margin | 9.25% | 12.94% | 13.87% | 7.94% | 8.28% |
EBITDA | 50,897 | 46,403 | 42,803 | 36,333 | 30,058 |
EBITDA Margin | 11.15% | 11.40% | 11.51% | 10.56% | 8.81% |
D&A For EBITDA | 7,813 | 7,824 | 7,349 | 6,508 | 5,270 |
EBIT | 43,084 | 38,580 | 35,454 | 29,825 | 24,788 |
EBIT Margin | 9.44% | 9.48% | 9.53% | 8.67% | 7.26% |
Effective Tax Rate | 16.13% | 16.99% | 16.22% | 14.72% | 13.95% |
Revenue as Reported | 458,502 | 409,084 | 373,710 | 345,709 | 343,361 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.