DuPont Analysis on the Financial Capacity of Midea and Gree Company
- DOI
- 10.2991/assehr.k.211209.116How to use a DOI?
- Keywords
- Financial capacity; Midea; Gree; DuPont analysis
- Abstract
On 4 July 2015, GMCC Meizhi, the world’s largest air conditioning compressor company, and Welling Motors were integrated into Midea. It ranked as the 481st place on the Fortune Global 500 list for the first time and 307th place in 2020. After 33 years of development, GREE Group was established in March 1985 and has become one of the largest and strongest enterprise groups in Zhuhai, it forms a comprehensive development pattern in these three main aspects: industry, real estate and petrochemical. This paper analyzes the financial capacity of company Midea and Gree based on the DuPont analysis. The result shows that both companies have roughly the same profitability and underlying growth in value. Through analysis based on the DuPont analysis, we can understand the competitiveness of the two companies in the market from three dimensions (NPM, AU, EM), so as to judge the market strategy and intrinsic value of the two companies more comprehensively.
- Copyright
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Xuliang Li PY - 2021 DA - 2021/12/15 TI - DuPont Analysis on the Financial Capacity of Midea and Gree Company BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 702 EP - 706 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.116 DO - 10.2991/assehr.k.211209.116 ID - Li2021 ER -