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Midea Group Co (SZSE:000333) Pre-Tax Income : ¥44,893 Mil (TTM As of Sep. 2024)


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What is Midea Group Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Midea Group Co's pretax income for the three months ended in Sep. 2024 was ¥12,947 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was ¥44,893 Mil. Midea Group Co's pretax margin was 12.66%.

During the past 13 years, Midea Group Co's highest Pretax Margin was 11.83%. The lowest was 9.03%. And the median was 10.41%.


Midea Group Co Pre-Tax Income Historical Data

The historical data trend for Midea Group Co's Pre-Tax Income 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 Pre-Tax Income Chart

Midea Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29,929.11 31,663.54 33,717.54 34,955.93 40,277.16

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
Pre-Tax Income 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 11,675.04 6,494.82 10,743.27 14,708.29 12,946.91

Competitive Comparison of Midea Group Co's Pre-Tax Income

For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Midea Group Co's Pre-Tax Income falls into.



Midea Group Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Midea Group Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=37517.985+0+-2808.104+6951.446+-1384.164
=40,277

Midea Group Co's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=10139.978+0+-640.199+1776.968+1670.165
=12,947

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥44,893 Mil.

* 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  (SZSE:000333) Pre-Tax Income Explanation

Midea Group Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=12946.912/102227.948
=12.66%

During the past 13 years, Midea Group Co's highest Pretax Margin was 11.83%. The lowest was 9.03%. And the median was 10.41%.

* 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 Pre-Tax Income 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 China.
Executives
Li Guo Lin Executives
Zhang Xiao Yi Executives
Fang Hong Bo Directors, executives
Jiang Peng Secretary Dong
Liang Hui Ming Supervisors
Ou Yun Bin Securities Affairs Representative
Xiang Wei Min Executives
He Jian Feng Director
Zhu Feng Tao Executives
Mai Yu Fen Supervisors
Zhao Jun Supervisors
Li Jian Wei Director
Cai Qi Wu Directors, executives
Huang Xiao Ming Directors, executives
Yuan Li Qun Directors, executives

Midea Group Co Headlines

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