000333.SZ
Price:
$79.29
Market Cap:
$601.48B
Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under ...[Read more]
Industry
Furnishings, Fixtures & Appliances
IPO Date
2013-09-18
Stock Exchange
SHZ
Ticker
000333.SZ
According to Midea Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of 0.16% compared to the average of 1.11 of the last 4 quarters.
The mean historical Current Ratio of Midea Group Co., Ltd. over the last ten years is 1.29. The current 1.11 Current Ratio has changed 8.54% with respect to the historical average. Over the past ten years (40 quarters), 000333.SZ's Current Ratio was at its highest in in the September 2019 quarter at 1.55. The Current Ratio was at its lowest in in the June 2024 quarter at 1.09.
Average
1.29
Median
1.30
Minimum
1.11
Maximum
1.50
Discovering the peaks and valleys of Midea Group Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 13.31%
Maximum Annual Current Ratio = 1.50
Minimum Annual Increase = -14.90%
Minimum Annual Current Ratio = 1.11
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.11 | -1.24% |
| 2023 | 1.12 | -11.51% |
| 2022 | 1.27 | 13.31% |
| 2021 | 1.12 | -14.90% |
| 2020 | 1.31 | -12.52% |
| 2019 | 1.50 | 6.93% |
| 2018 | 1.40 | -1.62% |
| 2017 | 1.43 | 5.43% |
| 2016 | 1.35 | 4.30% |
| 2015 | 1.30 | 9.74% |
The current Current Ratio of Midea Group Co., Ltd. (000333.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.16
5-year avg
1.18
10-year avg
1.29
Midea Group Co., Ltd.’s Current Ratio is greater than Haier Smart Home Co., Ltd. (1.09), greater than Gree Electric Appliances, Inc. of Zhuhai (1.08), less than Hangzhou Robam Appliances Co., Ltd. (1.65), greater than Oppein Home Group Inc. (1.10), less than Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (1.20), less than Hisense Home Appliances Group Co., Ltd. (1.13), less than Vatti Corporation Limited (1.59), greater than Changhong Meiling Co., Ltd. (1.05), less than Guangdong Vanward New Electric Co., Ltd. (1.42), less than Kingclean Electric Co.,Ltd (1.39),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.09 | $253.38B | |
| 1.08 | $226.84B | |
| 1.65 | $18.68B | |
| 1.10 | $31.95B | |
| 1.20 | $11.63B | |
| 1.13 | $35.29B | |
| 1.59 | $5.14B | |
| 1.05 | $6.73B | |
| 1.42 | $7.41B | |
| 1.39 | $16.97B |
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