Global 500

Rank
450
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Midea Group

Products of Midea are seen at a shop in Beijing
Products of Midea are seen at a shop in Beijing, China, May 18, 2016. Kim Kyung Hoon—REUTERS
  • Previous Rank
    481
  • Revenues ($M)
    24060
  • Revenue Percent Change
    8.5
  • Profits ($M)
    2210.4
  • Profits Percent Change
    9.3
  • Assets ($M)
    24549
  • Employees
    126418

Company Information

CEOFang Hongbo
SectorTechnology
IndustryElectronics, Electrical Equip.
HQ LocationFoshan, China
Websitewww.midea.com
Years on Global 500 List2
Employees126,418

Key Financials (Last Fiscal Year)

Revenues ($M)$24,060
Profits ($M)$2,210.4
Assets ($M)$24,549
Total Stockholder Equity ($M)$8,796

Profit Ratios

Profit as % of Revenues9.2%
Profits as % of Assets9%
Profits as % of Stockholder Equity25.1%