Midea Group Co (SZSE:000333) Total Stockholders Equity : ¥162,879 Mil (As of Dec. 2023)

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What is Midea Group Co Total Stockholders Equity?

Midea Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥162,879 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Midea Group Co's Book Value per Share for the quarter that ended in Dec. 2023 was ¥23.18. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Midea Group Co's Debt-to-Equity for the quarter that ended in Dec. 2023 was 0.46.

Midea Group Co Total Stockholders Equity Historical Data

The historical data trend for Midea Group Co's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Midea Group Co Total Stockholders Equity Chart

Midea Group Co Annual Data

Trend

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Dec22

Dec23

Total Stockholders Equity

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101,669.16

117,516.26

124,868.12

142,935.24

162,878.83

Midea Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial															142,935.24	152,352.34	146,368.59	156,226.89	162,878.83

Midea Group Co (SZSE:000333) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Midea Group Co's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(162878.825	-	0)	/	7025.77
	=	23.18

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Midea Group Co's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(23276.886	+	51404.024)	/	162878.825
	=	0.46

Midea Group Co Total Stockholders Equity Related Terms

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Midea Group Co (SZSE:000333) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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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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