Midea Group Co (SZSE:000333) Inventories, Inventories Adjustments : ¥0 Mil (As of Dec. 2023)

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What is Midea Group Co Inventories, Inventories Adjustments?

Midea Group Co's Inventories, Inventories Adjustments for the quarter that ended in Dec. 2023 was ¥0 Mil.

Midea Group Co Inventories, Inventories Adjustments Historical Data

The historical data trend for Midea Group Co's Inventories, Inventories Adjustments can be seen below:

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Midea Group Co Inventories, Inventories Adjustments Chart

Midea Group Co Annual Data

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Inventories, Inventories Adjustments

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Midea Group Co Quarterly Data
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Midea Group Co Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

Midea Group Co (SZSE:000333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (SZSE:000333) » Definitions » Inventories, Inventories Adjustments

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Address

No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

http://www.midea.com

Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, producing air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most of the home appliance products. The firm is also involved in industrial automation systems through its 100% stake in Kuka, a leading global player in the industry based in Germany. Heating, ventilation, and air-conditioning, or HVAC, products accounted for 44% of Midea's total revenue in 2022, followed by other consumer appliances (36%) and robotics and automation systems (9%). In addition, more than 40% of the group's sales is ex-China.

Midea Group Co (SZSE:000333) Headlines

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