Midea Historical Balance Sheet

000333 Stock   76.25  1.64  2.20%   
Trend analysis of Midea Group Co balance sheet accounts such as Other Current Liab of 38.2 B, Total Current Liabilities of 146.7 B or Total Stockholder Equity of 92 B provides information on Midea Group's total assets, liabilities, and equity, which is the actual value of Midea Group to its prevalent stockholders. By breaking down trends over time using Midea Group balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
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.

Midea Group Inventory

31.45 Billion

  
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 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Midea Group at a specified time, usually calculated after every quarter, six months, or one year. Midea Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Midea Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Midea currently owns. An asset can also be divided into two categories, current and non-current.

Midea Group Balance Sheet Chart

At present, Midea Group's Net Receivables is projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 92.4 B, whereas Total Assets are forecasted to decline to about 281.9 B.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Midea Group, which is listed under current asset account on Midea Group Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Midea Group customers. The amounts must be unrestricted with restricted cash listed in a different Midea Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from Midea Group's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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.
At present, Midea Group's Net Receivables is projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 92.4 B, whereas Total Assets are forecasted to decline to about 281.9 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities48.3B57.8B71.3B38.2B
Total Assets387.9B422.6B486.0B281.9B

Midea Group balance sheet Correlations

0.920.990.990.931.00.980.920.950.90.22-0.050.960.621.00.890.860.860.910.84-0.490.93-0.540.980.950.66
0.920.930.910.780.920.880.810.910.790.15-0.170.910.70.920.790.70.90.780.85-0.620.86-0.580.90.950.72
0.990.930.980.90.990.990.920.960.830.16-0.080.970.60.990.870.840.880.870.87-0.540.91-0.530.970.950.68
0.990.910.980.920.990.970.90.970.870.25-0.010.940.630.990.840.890.830.880.83-0.460.9-0.480.970.930.65
0.930.780.90.920.90.930.880.850.910.470.210.90.40.930.930.930.710.970.6-0.240.91-0.460.920.770.43
1.00.920.990.990.90.980.910.960.860.19-0.070.960.620.990.860.860.850.870.87-0.520.9-0.510.980.940.67
0.980.880.990.970.930.980.920.940.850.2-0.010.970.540.990.90.870.820.910.81-0.490.91-0.520.980.910.61
0.920.810.920.90.880.910.920.910.850.16-0.180.90.440.930.850.780.740.890.78-0.410.89-0.590.940.840.56
0.950.910.960.970.850.960.940.910.810.12-0.120.930.560.950.760.810.830.830.86-0.520.87-0.530.930.90.6
0.90.790.830.870.910.860.850.850.810.390.030.850.570.90.890.790.710.930.6-0.310.91-0.60.90.80.47
0.220.150.160.250.470.190.20.160.120.390.560.210.020.230.40.540.020.46-0.250.340.35-0.190.220.05-0.01
-0.05-0.17-0.08-0.010.21-0.07-0.01-0.18-0.120.030.56-0.11-0.37-0.050.080.35-0.270.13-0.420.33-0.010.16-0.11-0.25-0.41
0.960.910.970.940.90.960.970.90.930.850.21-0.110.570.970.910.790.880.910.79-0.530.94-0.610.970.910.62
0.620.70.60.630.40.620.540.440.560.570.02-0.370.570.610.440.390.720.440.64-0.510.5-0.310.630.780.9
1.00.920.990.990.930.990.990.930.950.90.23-0.050.970.610.90.860.860.920.83-0.490.94-0.560.990.940.65
0.890.790.870.840.930.860.90.850.760.890.40.080.910.440.90.790.730.950.61-0.370.93-0.60.910.80.48
0.860.70.840.890.930.860.870.780.810.790.540.350.790.390.860.790.580.840.56-0.130.77-0.280.830.70.43
0.860.90.880.830.710.850.820.740.830.710.02-0.270.880.720.860.730.580.720.81-0.570.82-0.50.840.940.77
0.910.780.870.880.970.870.910.890.830.930.460.130.910.440.920.950.840.720.56-0.350.96-0.650.930.780.47
0.840.850.870.830.60.870.810.780.860.6-0.25-0.420.790.640.830.610.560.810.56-0.650.66-0.340.820.890.71
-0.49-0.62-0.54-0.46-0.24-0.52-0.49-0.41-0.52-0.310.340.33-0.53-0.51-0.49-0.37-0.13-0.57-0.35-0.65-0.490.63-0.52-0.63-0.56
0.930.860.910.90.910.90.910.890.870.910.35-0.010.940.50.940.930.770.820.960.66-0.49-0.760.930.870.54
-0.54-0.58-0.53-0.48-0.46-0.51-0.52-0.59-0.53-0.6-0.190.16-0.61-0.31-0.56-0.6-0.28-0.5-0.65-0.340.63-0.76-0.57-0.55-0.32
0.980.90.970.970.920.980.980.940.930.90.22-0.110.970.630.990.910.830.840.930.82-0.520.93-0.570.930.68
0.950.950.950.930.770.940.910.840.90.80.05-0.250.910.780.940.80.70.940.780.89-0.630.87-0.550.930.83
0.660.720.680.650.430.670.610.560.60.47-0.01-0.410.620.90.650.480.430.770.470.71-0.560.54-0.320.680.83
Click cells to compare fundamentals

Midea Group Account Relationship Matchups

Midea Group balance sheet Accounts

201920202021202220232024 (projected)
Total Assets302.0B360.4B387.9B422.6B486.0B281.9B
Other Current Liab36.2B41.9B48.3B57.8B71.3B38.2B
Total Current Liabilities144.3B184.2B222.9B206.3B251.2B146.7B
Total Stockholder Equity101.7B117.5B124.9B142.9B162.9B92.0B
Other Liab8.9B8.8B9.2B9.0B10.4B5.7B
Retained Earnings79.5B95.6B113.2B119.7B136.3B71.7B
Accounts Payable66.4B82.2B98.7B89.8B94.2B65.3B
Cash70.9B81.2B71.9B55.3B81.7B49.6B
Other Assets6.6B10.0B12.1B13.1B15.0B7.6B
Long Term Debt41.3B42.8B19.7B53.8B49.4B26.5B
Net Receivables44.6B23.0B24.6B28.2B32.9B35.6B
Short Term Investments1.1B28.2B5.9B3.3B1.8B1.7B
Inventory34.7B33.8B50.3B46.0B47.3B31.5B
Other Current Assets4.3B8.0B10.0B98.2B88.0B92.4B
Total Liab194.5B236.1B253.1B270.6B311.7B180.0B
Intangible Assets15.5B15.4B17.2B16.9B18.5B12.7B
Common Stock6.7B7.0B7.0B7.0B8.0B5.7B
Property Plant Equipment24.5B22.9B23.7B27.8B32.0B25.2B
Good Will28.2B29.6B27.9B28.5B30.9B23.6B
Net Tangible Assets37.8B58.0B72.5B79.8B91.8B58.1B
Other Stockholder Equity(1.3B)(711.6M)(1.5B)(1.7B)(1.6B)(1.5B)
Total Current Assets216.5B241.7B248.9B261.1B281.3B221.9B
Non Current Assets Total85.5B118.7B139.1B161.5B204.7B126.3B
Non Currrent Assets Other4.9B11.3B36.4B42.8B80.6B84.6B
Non Current Liabilities Total50.1B52.0B30.3B64.3B60.5B49.1B
Short Long Term Debt5.7B9.9B5.6B5.2B8.8B5.7B
Non Current Liabilities Other1.2B991.1M998.3M1.1B821.7M882.7M
Common Stock Shares Outstanding7.0B7.0B7.0B7.0B7.0B7.6B
Net Invested Capital148.7B170.3B150.2B202.0B221.1B176.3B
Net Working Capital72.2B57.5B26.0B54.8B30.1B39.3B
Capital Stock7.0B7.0B7.0B7.0B7.0B7.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Midea Stock

Balance Sheet is a snapshot of the financial position of Midea Group at a specified time, usually calculated after every quarter, six months, or one year. Midea Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Midea Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Midea currently owns. An asset can also be divided into two categories, current and non-current.