Midea Real Estate Holding Limited (3990.HK)

Real Estate | Real Estate Services
Income Statement (Quarterly) 2026-04-07 2025-06-30 2025-03-31 2024-06-30
Revenue 1,996,589,000 1,996,589,000 998,294,500 12,567,057,000
Cost of Revenue 1,381,862,000 1,381,862,000 690,931,000 11,406,544,000
Gross Profit 614,727,000 614,727,000 307,363,500 1,160,513,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 232,355,000 232,355,000 116,177,500 890,225,500
Operating Expenses 218,917,000 218,917,000 109,458,500 984,851,000
Operating Income 395,810,000 395,810,000 197,905,000 175,662,000
Interest Expense 0 0 0 0
Income Before Tax 407,790,000 407,790,000 203,895,000 611,960,500
Income Tax Expense 94,699,000 94,699,000 47,349,500 313,871,000
Net Income 305,461,000 305,461,000 152,730,500 187,934,500
Per Share
EPS 0.22 0.22 0.11 0.13
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 3,725,800,000 73,564,495,000 73,630,848,000 73,703,098,000 52,483,611,000
Cost of Revenue 2,394,115,000 65,080,929,000 62,324,407,000 60,207,635,000 40,825,617,000
Gross Profit 1,331,685,000 8,483,566,000 11,306,441,000 13,495,463,000 11,657,994,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 485,245,000 4,160,788,000 4,517,567,000 6,045,057,000 5,712,609,000
Operating Expenses 510,909,000 4,176,959,000 4,439,580,000 6,016,167,000 5,317,932,000
Operating Income 820,776,000 4,306,607,000 6,831,100,000 8,021,879,000 6,340,062,000
Interest Expense 126,464,000 0 1,959,182,000 0 0
Income Before Tax 685,416,000 4,486,978,000 6,888,005,000 8,719,520,000 7,570,354,000
Income Tax Expense 199,233,000 2,361,910,000 3,311,232,000 3,416,710,000 2,744,856,000
Net Income -2,057,887,000 913,584,000 3,576,773,000 3,743,557,000 4,326,482,000
Per Share
EPS 0.54 0.66 2.78 3.04 3.52
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 1,033,953,000 17,553,071,000 21,810,599,000 26,288,551,000
Short Term Investments 137,008,000 100,000,000 73,075,000 3,500,000
Net Receivables 1,381,185,000 2,224,459,000 70,437,245,000 0
Inventory 789,788,000 97,884,318,000 120,801,737,000 147,977,327,000
Total Current Assets 4,129,733,000 162,647,328,000 214,283,295,000 250,470,207,000
Property Plant Equipment 371,538,000 1,364,052,000 1,568,596,000 1,627,069,000
Goodwill and Intangibles 200,998,000 257,158,000 291,027,000 0
Total Assets 9,724,500,000 201,579,205,000 251,938,754,000 288,519,853,000
Liabilities
Account Payables 1,319,614,000 28,992,496,000 31,485,536,000 35,090,123,000
Short Term Debt 67,291,000 12,288,336,000 13,746,123,000 15,424,335,000
Total Current Liabilities 3,709,560,000 125,275,600,000 166,263,702,000 198,771,425,000
Long Term Debt 766,381,000 25,878,756,000 34,863,568,000 41,128,573,000
Total Liabilities 4,643,054,000 151,460,458,000 201,624,905,000 240,710,232,000
Shareholders Equity
Retained Earnings 1,932,260,000 20,883,420,000 15,876,293,000 14,617,462,000
Total Shareholders Equity 4,896,757,000 25,309,314,000 24,864,820,000 23,511,720,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 1,033,953,000 17,553,071,000 21,810,599,000 26,288,551,000 18,595,105,000
Short Term Investments 137,008,000 100,000,000 73,075,000 3,500,000 1,148,394,000
Net Receivables 1,381,185,000 2,224,459,000 70,437,245,000 0 0
Inventory 789,788,000 97,884,318,000 120,801,737,000 147,977,327,000 147,788,753,000
Total Current Assets 4,129,733,000 162,647,328,000 214,283,295,000 250,470,207,000 254,533,571,000
Property Plant Equipment 371,538,000 1,364,052,000 1,568,596,000 1,627,069,000 1,627,413,000
Goodwill and Intangibles 200,998,000 257,158,000 291,027,000 0 152,558,000
Total Assets 9,724,500,000 201,579,205,000 251,938,754,000 288,519,853,000 283,754,474,000
Liabilities
Account Payables 1,319,614,000 28,992,496,000 31,485,536,000 35,090,123,000 34,913,221,000
Short Term Debt 67,291,000 12,288,336,000 13,746,123,000 15,424,335,000 12,317,793,000
Total Current Liabilities 3,709,560,000 125,275,600,000 166,263,702,000 198,771,425,000 195,885,152,000
Long Term Debt 766,381,000 25,878,756,000 34,863,568,000 41,128,573,000 46,561,532,000
Total Liabilities 4,643,054,000 151,460,458,000 201,624,905,000 240,710,232,000 243,535,086,000
Shareholders Equity
Retained Earnings 1,932,260,000 20,883,420,000 15,876,293,000 14,617,462,000 11,609,992,000
Total Shareholders Equity 4,896,757,000 25,309,314,000 24,864,820,000 23,511,720,000 22,067,703,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income -2,350,407,000 913,584,000 3,576,773,000 3,743,557,000
Depreciation & Amortization 122,819,000 132,516,000 153,385,000 180,193,000
Stock Based Compensation -1,308,000 19,050,000 82,107,000 164,132,000
Change in Working Capital -2,475,571,000 -1,190,545,000 -774,204,000 953,759,000
Operating Cash Flow -2,260,268,000 3,634,835,000 3,044,363,000 3,207,180,000
Investing Activities
Capital Expenditure -107,871,000 -200,148,000 -207,040,000 -159,001,000
Investments -63,330,000 -162,818,000 -207,040,000 -110,209,000
Investing Cash Flow -14,252,957,000 4,647,077,000 5,382,329,000 3,439,596,000
Financing Activities
Debt Repayment 1,883,012,000 -11,825,041,999 -34,362,594,000 -32,270,823,000
Common Stock Issued/Repurchased 0 0 -42,086,000 -22,098,000
Dividends Paid -470,490,000 -477,262,000 -403,054,000 -1,631,135,000
Financing Cash Flow -6,045,000 -12,578,784,000 -12,947,545,000 1,059,860,000
Summary
Free Cash Flow -2,368,139,000 3,434,687,000 2,837,323,000 3,048,179,000
Net Change in Cash -16,519,118,000 -4,257,528,000 -4,477,952,000 7,693,446,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income -2,350,407,000 913,584,000 3,576,773,000 3,743,557,000 4,326,482,000
Depreciation & Amortization 122,819,000 132,516,000 153,385,000 180,193,000 207,430,000
Stock Based Compensation -1,308,000 19,050,000 82,107,000 164,132,000 0
Change in Working Capital -2,475,571,000 -1,190,545,000 -774,204,000 953,759,000 -2,056,947,000
Operating Cash Flow -2,260,268,000 3,634,835,000 3,044,363,000 3,207,180,000 -2,033,168,000
Investing Activities
Capital Expenditure -107,871,000 -200,148,000 -207,040,000 -159,001,000 -47,595,000
Investments -63,330,000 -162,818,000 -207,040,000 -110,209,000 -22,734,000
Investing Cash Flow -14,252,957,000 4,647,077,000 5,382,329,000 3,439,596,000 -7,249,129,000
Financing Activities
Debt Repayment 1,883,012,000 -11,825,041,999 -34,362,594,000 -32,270,823,000 -37,916,000,000
Common Stock Issued/Repurchased 0 0 -42,086,000 -22,098,000 0
Dividends Paid -470,490,000 -477,262,000 -403,054,000 -1,631,135,000 -1,811,394,000
Financing Cash Flow -6,045,000 -12,578,784,000 -12,947,545,000 1,059,860,000 8,803,935,000
Summary
Free Cash Flow -2,368,139,000 3,434,687,000 2,837,323,000 3,048,179,000 -2,080,763,000
Net Change in Cash -16,519,118,000 -4,257,528,000 -4,477,952,000 7,693,446,000 -502,160,000