000527SZSE

Summary of Midea Group Co., Ltd. 2013 Semi-Annual Report

Midea Appliances Co., Ltd.··4 pages

✨ AI Summary

The purpose of this announcement is to summarize Midea Group's financial performance for the first half of 2013. Key figures include a revenue of approximately 46.29 billion yuan and a net profit of about 2.60 billion yuan, reflecting increases of 18.72% and 24.69%, respectively. The company will not distribute cash dividends or issue bonus shares. The report highlights significant improvements in product quality and market share, alongside recognition for innovation in the appliance industry.

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Full Translation

AI Translation· azure_openai

Important Notice

1.1 The Board of Directors, Supervisory Board, and their directors, supervisors, and senior management guarantee that the information contained in this report does not have any false records, misleading statements, or major omissions, and they bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content. This semi-annual report summary is derived from the full semi-annual report. Investors wishing to understand the detailed content should carefully read the full semi-annual report published on the designated websites of the China Securities Regulatory Commission, such as the Giant Tide Information Network or the Shenzhen Stock Exchange website.
1.2 All directors attended the board meeting to review this report.
1.3 The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves for this semi-annual period.
1.4 Mr. Fang Hongbo, Chairman and President, and Mr. Chen Jianwu, Financial Officer, declare that they guarantee the authenticity, accuracy, and completeness of the financial report in this semi-annual report.

Company Profile

Stock Abbreviation: Midea Electric
Stock Code: 000527
Stock Exchange: Shenzhen Stock Exchange
Contact Person and Information:
Board Secretary: Jiang Peng, Yan Li
Phone: 0757-26334559, 0757-26338779
Fax: 0757-26651991, 0757-26651991
Email: IR@midea.com

Key Financial Data and Shareholder Changes

  1. Key Financial Data
    Has the company made retrospective adjustments or restatements of previous years' accounting data due to changes in accounting policies or corrections of accounting errors? □ Yes √ No
ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (Yuan)46,287,249,310.0038,990,022,260.0018.72%
Net Profit Attributable to Shareholders of the Listed Company (Yuan)2,604,312,710.002,088,600,980.0024.69%
Net Profit Attributable to Shareholders of the Listed Company after Deducting Non-Recurring Gains and Losses (Yuan)2,246,065,810.002,033,187,930.0010.47%
Net Cash Flow from Operating Activities (Yuan)4,663,434,420.00539,120,790.00765.01%
Basic Earnings per Share (Yuan/Share)0.770.6224.19%
Diluted Earnings per Share (Yuan/Share)0.770.6224.19%
Weighted Average Return on Net Assets (%)11.67%10.32%1.35%
ItemEnd of Current PeriodEnd of Previous YearChange (%)
Total Assets (Yuan)66,483,401,300.0060,899,598,830.009.17%
Net Assets Attributable to Shareholders of the Listed Company (Yuan)22,568,585,190.0022,065,397,690.002.28%
  1. Top 10 Shareholders' Holdings
    Total number of shareholders at the end of the reporting period: 99,403

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