0300.HK
Price:
$91.45
Market Cap:
$629.62B
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 four segments: Heating & Ventilation, as well as Air-Conditioner; Consumer Appliances; Robotics and Automation system; and Others. The company offers residential air-conditioner, central air-conditioner, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, various small appliances, elevators, variable frequency drives, medical imaging products, and robotics and automation system It also provides core components, such as compressors, motors, chips, valves, reducers, auto parts, motio...[Read more]
Industry
Furnishings, Fixtures & Appliances
IPO Date
2024-07-05
Stock Exchange
HKSE
Ticker
0300.HK
According to Midea Group’s latest financial reports and current stock price. The company's current Current Ratio is 1.09. This represents a change of -1.94% compared to the average of 1.11 of the last 4 quarters.
The mean historical Current Ratio of Midea Group over the last ten years is 1.29. The current 1.09 Current Ratio has changed 8.37% with respect to the historical average. Over the past ten years (40 quarters), 0300.HK'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 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 (0300.HK) 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’s Current Ratio is less than Meituan (1.93), less than Haier Smart Home Co., Ltd. (1.09), less than Hisense Home Appliances Group Co., Ltd. (1.13), less than JD.com, Inc. (1.22), less than Raymond Industrial Limited (3.42), less than Trip.com Group Limited (1.33), less than SMC Electric Limited (3.90), less than Man Wah Holdings Limited (1.36), less than International Housewares Retail Company Limited (1.72), less than AuGroup (1.72),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.93 | $598.85B | |
| 1.09 | $250.15B | |
| 1.13 | $41.51B | |
| 1.22 | $339.70B | |
| 3.42 | $476.26M | |
| 1.33 | $362.42B | |
| 3.90 | $260.00M | |
| 1.36 | $18.07B | |
| 1.72 | $534.87M | |
| 1.72 | $2.32B |
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