Midea Group Co. Ltd. (000333.SZ) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	466.7B	458.5B	409.1B	373.7B	345.7B
Cost of Revenue	343.2B	336.0B	299.6B	276.4B	260.5B
Gross Profit	123.5B	122.5B	109.5B	97.3B	85.2B
Operating Expenses
R&D Expense	17.5B	17.8B	16.2B	14.6B	12.6B
SG&A Expense	14.3B	—	—	—	—
General & Admin Expense	12.5B	16.1B	14.5B	13.5B	11.6B
Selling & Marketing Expense	45.5B	42.9B	38.8B	32.0B	28.7B
Other Expenses	2.1B	—	—	—	—
Total Operating Expenses	80.7B	73.1B	68.3B	58.6B	51.2B
Cost and Expenses	423.9B	409.1B	367.9B	335.0B	311.7B
Operating Income (EBIT)	48.6B	53.0B	46.4B	40.3B	34.8B
Non-Operating
Interest Income	4.9B	2.1B	1.9B	1.7B	1.8B
Interest Expense	493.5M	275.0K	1.9M	31.7M	49.5M
Net Interest Income	3.1B	—	—	—	—
Other Non-Op Income/Expense	4.8B	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	53.5B	53.1B	46.7B	40.3B	35.0B
Income Tax Expense	9.1B	8.6B	7.9B	6.5B	5.1B
Bottom Line
Net Income	44.3B	43.9B	38.5B	33.7B	29.6B
Earnings from Cont. Ops	44.4B	44.5B	38.8B	33.7B	29.8B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	44.3B	43.9B	38.5B	33.7B	29.6B
Per Share
Basic EPS	CN¥5.90	CN¥5.80	CN¥5.44	CN¥4.93	CN¥4.34
Diluted EPS	CN¥5.88	CN¥5.76	CN¥5.42	CN¥4.92	CN¥4.33
Revenue Per Share	CN¥61.94	CN¥60.51	CN¥57.75	CN¥54.64	CN¥50.77
Shares
Basic Shares Outstanding	7.5B	7.6B	7.1B	6.8B	6.8B
Diluted Shares Outstanding	7.6B	7.6B	7.1B	6.8B	6.8B
Profitability Metrics
EBITDA	14.3B	62.3B	54.2B	47.7B	41.3B
D&A	2.5B	9.3B	7.8B	7.3B	6.5B
EBIT	11.8B	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026