Midea Historical Income Statement

000333 Stock

76.25 1.64 2.20%

Historical analysis of Midea Group income statement accounts such as Selling General Administrative of 36.4 B, Total Revenue of 255.7 B or Operating Income of 23.5 B can show how well Midea Group Co performed in making a profits. Evaluating Midea Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Midea Group's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Midea Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Midea Group is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Midea Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Midea Income Statement Analysis

Midea Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Midea Group shareholders. The income statement also shows Midea investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Midea Group Income Statement Chart

At present, Midea Group's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 380.8 M, whereas Selling General Administrative is forecasted to decline to about 36.4 B.

Selling General Administrative Total Revenue Operating Income Cost Of Revenue Minority Interest

Total Revenue

Total revenue comprises all receipts Midea Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from Midea Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Midea Group Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Midea Group income statement and represents the costs associated with goods and services Midea Group provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Midea Group Co whose combined shares represent less than 50% of the total outstanding shares issued by Midea Group have a minority interest in Midea Group.

Most accounts from Midea Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Midea Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Midea Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2021	2022	2023	2024 (projected)
Operating Income	27.5B	32.5B	37.5B	23.5B
Total Revenue	343.4B	345.7B	373.7B	255.7B

Operating Income Total Revenue

Midea Group income statement Correlations

	Selling General Administrative	Total Revenue	Operating Income	Cost Of Revenue	Income Before Tax	Income Tax Expense	Minority Interest	Net Income	Gross Profit	Other Operating Expenses	Net Income From Continuing Ops	Ebit	Research Development	Total Operating Expenses	Total Other Income Expense Net	Tax Provision	Net Interest Income	Interest Income	Ebitda	Reconciled Depreciation
Selling General Administrative		0.94	0.96	0.92	0.94	0.95	0.05	0.92	0.94	-0.86	0.87	0.93	0.73	0.91	0.78	0.81	0.67	0.77	0.76	0.55
Total Revenue	0.94		0.98	1.0	0.99	0.97	-0.21	0.98	0.97	-0.86	0.97	0.95	0.89	0.99	0.8	0.9	0.8	0.92	0.9	0.7
Operating Income	0.96	0.98		0.96	0.99	0.99	-0.14	0.98	0.98	-0.8	0.95	0.97	0.87	0.95	0.86	0.91	0.8	0.9	0.89	0.67
Cost Of Revenue	0.92	1.0	0.96		0.98	0.96	-0.23	0.98	0.96	-0.86	0.97	0.94	0.9	0.99	0.79	0.89	0.8	0.92	0.9	0.7
Income Before Tax	0.94	0.99	0.99	0.98		0.99	-0.15	1.0	0.96	-0.81	0.96	0.97	0.88	0.96	0.85	0.89	0.77	0.91	0.89	0.67
Income Tax Expense	0.95	0.97	0.99	0.96	0.99		-0.09	0.98	0.96	-0.78	0.94	0.97	0.84	0.94	0.86	0.88	0.78	0.88	0.86	0.61
Minority Interest	0.05	-0.21	-0.14	-0.23	-0.15	-0.09		-0.17	-0.22	-0.02	-0.33	-0.13	-0.55	-0.28	-0.15	-0.44	-0.59	-0.51	-0.53	-0.68
Net Income	0.92	0.98	0.98	0.98	1.0	0.98	-0.17		0.96	-0.81	0.97	0.96	0.89	0.96	0.85	0.89	0.77	0.91	0.9	0.69
Gross Profit	0.94	0.97	0.98	0.96	0.96	0.96	-0.22	0.96		-0.84	0.98	0.97	0.9	0.98	0.85	0.95	0.81	0.93	0.92	0.73
Other Operating Expenses	-0.86	-0.86	-0.8	-0.86	-0.81	-0.78	-0.02	-0.81	-0.84		-0.81	-0.77	-0.66	-0.87	-0.53	-0.68	-0.47	-0.68	-0.66	-0.47
Net Income From Continuing Ops	0.87	0.97	0.95	0.97	0.96	0.94	-0.33	0.97	0.98	-0.81		0.96	0.95	0.98	0.85	0.95	0.82	0.97	0.96	0.77
Ebit	0.93	0.95	0.97	0.94	0.97	0.97	-0.13	0.96	0.97	-0.77	0.96		0.86	0.95	0.91	0.9	0.77	0.89	0.88	0.66
Research Development	0.73	0.89	0.87	0.9	0.88	0.84	-0.55	0.89	0.9	-0.66	0.95	0.86		0.92	0.8	0.97	0.9	0.99	1.0	0.89
Total Operating Expenses	0.91	0.99	0.95	0.99	0.96	0.94	-0.28	0.96	0.98	-0.87	0.98	0.95	0.92		0.8	0.92	0.82	0.94	0.92	0.75
Total Other Income Expense Net	0.78	0.8	0.86	0.79	0.85	0.86	-0.15	0.85	0.85	-0.53	0.85	0.91	0.8	0.8		0.85	0.7	0.8	0.82	0.69
Tax Provision	0.81	0.9	0.91	0.89	0.89	0.88	-0.44	0.89	0.95	-0.68	0.95	0.9	0.97	0.92	0.85		0.89	0.97	0.98	0.86
Net Interest Income	0.67	0.8	0.8	0.8	0.77	0.78	-0.59	0.77	0.81	-0.47	0.82	0.77	0.9	0.82	0.7	0.89		0.91	0.91	0.83
Interest Income	0.77	0.92	0.9	0.92	0.91	0.88	-0.51	0.91	0.93	-0.68	0.97	0.89	0.99	0.94	0.8	0.97	0.91		1.0	0.85
Ebitda	0.76	0.9	0.89	0.9	0.89	0.86	-0.53	0.9	0.92	-0.66	0.96	0.88	1.0	0.92	0.82	0.98	0.91	1.0		0.88
Reconciled Depreciation	0.55	0.7	0.67	0.7	0.67	0.61	-0.68	0.69	0.73	-0.47	0.77	0.66	0.89	0.75	0.69	0.86	0.83	0.85	0.88

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Midea Group Account Relationship Matchups

Midea Group income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	880.7M	1.3B	1.4B	1.8B	2.8B	2.9B
Selling General Administrative	44.1B	36.8B	38.9B	40.3B	48.4B	36.4B
Total Revenue	278.2B	285.7B	343.4B	345.7B	373.7B	255.7B
Operating Income	30.0B	25.8B	27.5B	32.5B	37.5B	23.5B
Cost Of Revenue	197.9B	212.9B	264.6B	260.6B	273.5B	189.7B
Income Before Tax	29.9B	31.7B	33.7B	35.0B	40.3B	26.1B
Income Tax Expense	4.1B	4.7B	4.2B	4.7B	5.4B	3.5B
Minority Interest	5.8B	6.7B	(441.7M)	(256.7M)	(25.4M)	(24.1M)
Net Income Applicable To Common Shares	20.2B	24.2B	27.2B	28.5B	32.8B	19.6B
Net Income	24.2B	27.2B	28.6B	29.6B	33.7B	22.4B
Gross Profit	80.3B	72.8B	78.7B	85.1B	100.2B	76.8B
Other Operating Expenses	300.7M	526.0M	109.6M	301.9M	271.7M	380.8M
Net Income From Continuing Ops	25.3B	27.5B	29.0B	29.8B	33.7B	26.3B
Ebit	21.7B	25.6B	23.7B	24.8B	28.5B	23.0B
Research Development	9.6B	10.1B	12.0B	12.6B	14.6B	10.9B
Total Operating Expenses	252.2B	260.0B	315.8B	313.2B	336.2B	269.7B
Tax Provision	4.7B	4.2B	4.7B	5.1B	6.5B	4.9B
Net Interest Income	2.8B	(6.7M)	3.6B	3.9B	4.2B	2.2B
Interest Income	3.8B	3.7B	5.2B	5.8B	7.0B	4.1B
Ebitda	30.8B	30.4B	35.1B	36.8B	42.3B	33.4B

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Midea Historical Income Statement

About Midea Income Statement Analysis

Midea Group Income Statement Chart

Total Revenue

Operating Income

Cost Of Revenue

Minority Interest

Midea Group income statement Correlations

Midea Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Midea Group income statement Accounts

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Cost Of Revenue	+ 1.0	Total Revenue
Net Income	+ 1.0	Income Before Tax
Ebitda	+ 1.0	Research Development
Ebitda	+ 1.0	Interest Income
Income Before Tax	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Total Revenue

Total Operating Expenses	- 0.87	Other Operating Expenses
Other Operating Expenses	- 0.86	Cost Of Revenue
Other Operating Expenses	- 0.86	Total Revenue
Other Operating Expenses	- 0.86	Selling General Administrative
Other Operating Expenses	- 0.84	Gross Profit
Net Income From Continuing Ops	- 0.81	Other Operating Expenses