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Midea Group Co (FRA:1520) Other Gross PPE : €4,521 Mil (As of Sep. 2024)


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What is Midea Group Co Other Gross PPE?

Midea Group Co's Other Gross PPE for the quarter that ended in Sep. 2024 was €4,521 Mil.

Midea Group Co's quarterly Other Gross PPE increased from Mar. 2024 (€4,270 Mil) to Jun. 2024 (€5,039 Mil) but then declined from Jun. 2024 (€5,039 Mil) to Sep. 2024 (€4,521 Mil).

Midea Group Co's annual Other Gross PPE increased from Dec. 2021 (€4,062 Mil) to Dec. 2022 (€4,347 Mil) and increased from Dec. 2022 (€4,347 Mil) to Dec. 2023 (€4,909 Mil).

Midea Group Co Other Gross PPE Historical Data

The historical data trend for Midea Group Co's Other Gross PPE 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 Other Gross PPE Chart

Midea Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Gross PPE
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,042.20 3,194.09 4,062.03 4,346.61 4,908.52

Midea Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Other Gross PPE 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 4,047.02 4,908.52 4,270.08 5,039.19 4,521.28

Midea Group Co Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.

Midea Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (FRA:1520) » Definitions » Other Gross PPE
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00300:Hong Kong 1520:Germany 000333:China
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, 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 China.

Midea Group Co Headlines

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