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Midea Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 106,101.61 million compared to CNY 96,262.92 million a year ago. Revenue was CNY 106,483.19 million compared to CNY 96,636.18 million a year ago. Net income was CNY 9,000.01 million compared to CNY 8,041.85 million a year ago. Basic earnings per share from continuing operations was CNY 1.31 compared to CNY 1.18 a year ago. Diluted earnings per share from continuing operations was CNY 1.31 compared to CNY 1.18 a year ago.
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Total Revenue | 101700.75 | 111172.6 | 106101.73 | 80926.91 |
Gross Profit | 26760.32 | 29596.02 | 28987.14 | 23121.04 |
Operating Income | 9843.82 | 11694.83 | 11261.4 | 5011.85 |
Net Income | 10894.94 | 11804.17 | 9000.01 | 6002.45 |
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Total Assets | 567150.34 | 506631.91 | 497968.47 | 486038.18 |
Total Liabilities | 346854.64 | 330346.54 | 314101.23 | 311738.54 |
Total Equity | 220295.69 | 176285.37 | 183867.24 | 174299.65 |
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 26775.51 | 19559.26 | 13928.91 | 13115.56 |
Cash From Investing Activities | -69928.93 | -14680.68 | -5954.87 | 2388.26 |
Cash From Financing Activities | 40938.23 | -15886.33 | -5090.83 | -4500.31 |
Net Change in Cash | -2193.08 | -11155.55 | 2769.01 | 10815.87 |
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