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Midea Group Co (HKSE:00300) Liabilities-to-Assets : 0.62 (As of Mar. 2025)


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What is Midea Group Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Midea Group Co's Total Liabilities for the quarter that ended in Mar. 2025 was HK$421,550 Mil. Midea Group Co's Total Assets for the quarter that ended in Mar. 2025 was HK$680,625 Mil. Therefore, Midea Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 was 0.62.


Midea Group Co Liabilities-to-Assets Historical Data

The historical data trend for Midea Group Co's Liabilities-to-Assets 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.

* Premium members only.

Midea Group Co Liabilities-to-Assets Chart

Midea Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.65 0.64 0.64 0.62

Midea Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.65 0.61 0.62 0.62

Competitive Comparison of Midea Group Co's Liabilities-to-Assets

For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Midea Group Co's Liabilities-to-Assets Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Midea Group Co's Liabilities-to-Assets falls into.


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Midea Group Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Midea Group Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=402175.477/645249.591
=0.62

Midea Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 is calculated as

Liabilities-to-Assets (Q: Mar. 2025 )=Total Liabilities/Total Assets
=421549.768/680624.969
=0.62

* 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.


Midea Group Co  (HKSE:00300) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Midea Group Co Liabilities-to-Assets Related Terms

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Midea Group Co Business Description

Traded in Other Exchanges
Address
No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as 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 home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products generally contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Hsbc Holdings Plc 2302 Custodian
Jpmorgan Chase & Co.
Hhlr Fund, L.p. 2101 Beneficial owner
Hhlr Cf, L.p. 2101 Beneficial owner
Hhlr Advisors, Ltd. 2102 Investment manager
China Cosco Shipping Corporation Limited 2201 Interest of corporation controlled by you
China Ocean Shipping Company Limited 2201 Interest of corporation controlled by you
Cosco Shipping Holdings (hong Kong) Limited 2101 Beneficial owner
Cosco Shipping Holdings Co., Ltd. 2201 Interest of corporation controlled by you
J.p. Morgan Securities Plc 2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited 2105 Underwriter
China International Capital Corporation (international) Limited 2201 Interest of corporation controlled by you
Morgan Stanley International Holdings Inc. 2201 Interest of corporation controlled by you
Morgan Stanley & Co. International Plc 2101 Beneficial owner

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