Midea Group Co (SZSE:000333) Purchase Of Property, Plant, Equipment : ¥-6,314 Mil (TTM As of Dec. 2023)

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What is Midea Group Co Purchase Of Property, Plant, Equipment?

Midea Group Co's purchase of property, plant, equipment for the three months ended in Dec. 2023 was ¥-2,170 Mil. It means Midea Group Co spent ¥2,170 Mil on purchasing property, plant, equipment. Midea Group Co's purchase of property, plant, equipment for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-6,314Mil.

Compared with last quarter (¥-1,349 Mil in Sep. 2023 ), Midea Group Co spent more money on purchasing property, plant, equipment in Dec. 2023 (¥-2,170 Mil).

Midea Group Co Purchase Of Property, Plant, Equipment Historical Data

The historical data trend for Midea Group Co's Purchase Of Property, Plant, Equipment 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 Purchase Of Property, Plant, Equipment Chart

Midea Group Co Annual Data

Trend

Dec14

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Dec23

Purchase Of Property, Plant, Equipment

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-3,451.86

-4,656.58

-6,825.36

-7,352.12

-6,314.05

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
Purchase Of Property, Plant, Equipment	Get a 7-Day Free Trial															-3,033.14	-1,554.05	-1,240.62	-1,349.10	-2,170.28

Midea Group Co Purchase Of Property, Plant, Equipment Calculation

The amount used to purchase PPE.

Purchase Of Property, Plant, Equipment for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-6,314 Mil.

Midea Group Co Purchase Of Property, Plant, Equipment 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 » Purchase Of Property, Plant, Equipment

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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.

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